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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 21, 1986

Page

7

Lorain Works Donates Medical Trailer and Supplies Abroad

A medical trailer from U.S. Steel Lorain Works is donated to the Medical Group Missions of the Christian Medical Society and shipped to the Dominican Republic. The plant also contributes supplies and equipment from the former Cuyahoga Works, valued at about $23,000, as it replaces the trailer with one from South Works in Chicago.

U.S. Steel Lorain Works Dominican Republic Missions of the Christian Medical Society Cuyahoga Works US Steel South Works Chicago

Ohio cuts federal jobless debt, eyes 1990 payoff

Ohio has halved its unemployment compensation debt to the federal government from nearly $2 billion, with officials projecting full payoff by 1990. The interest-bearing portion, $274 million of $921 million, should be paid by 1987, while other debts are handled by employer assessments and state plans.

Cials Ohio Bureau of Employment Services William Shkurti Shkurti Ohio Congress Michigan Ilinois Dixie Soramers CBES Louisiana Minnesota Pennsylvania Wisconsin West Virginia Virgin Islands BBS Sommers

Once Upon a Dime teaches kids basic money concepts

The New York Fed releases a 23 page comic for fourth and fifth graders about coins, currency and banking through Mazuma a small island trading story. Part I shows bartering problems and a king suggests using DIME stones to explain money as a medium of exchange.

New York Mazuma The Federal Reserve Fed Millicent Sharky King Bomba Bomba New York Fed Central Bank

Metromedia to sell outdoor ad unit for 710 million

Metromedia announced plans to sell its outdoor advertising business and assets for 710 million dollars. An agreement in principle was reached to divest Foster & Kleiser and Outdoor Advertising Associates LP to Gerard P. Joyce of Patrick Media Group Inc based in Scranton Pennsylvania.

Metromedia Secaucus, NJ Foster & Kleiser

Congress to probe U S Steel import from South Korea

A Utah hearing set for April 18 before the House Subcommittee on Employment and Housing will examine U S Steel's purchase of steel from a South Korean firm and the effect of imported steel on domestic jobs. Rep Howard Nielsen said the panel will review the Trade Readjustment Act and consider federal steps to assist workers displaced by foreign steel imports. The group will report findings to Washington for possible legislation.

Provo, Utah US Steel Howard Nielsen Rutah House Subcommittee On Employment and Housing Nielsen Subcommittee Barney Frank D-Mass Washington

Heinzexpects OK in Korean joint venture

Heinz plans a 41 percent stake purchase for 10 million dollars in a Seoul Food Industrial Co Ltd joint venture as part of its expansion into developing nations. Anthony J. O'Reilly, Heinz president, expects regulatory approval within two months.

Pittsburgh Heinz Co Seoul Food Industrial Co Ltd Heinz Anthony J. O'Reilly

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