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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jul 19, 1988

Page

13

Aronoff denies receiving Federated payoffs

State Sen. Stanley J. Aronoff rejects links between $4,700 in Federated Department Stores executives donations and anti takeover bills he filed last winter. He cites newsroom criticism and says The Plain Dealer hid facts while Federated executives insist donations were coincidental. He notes prior Federated support and emphasizes he would aid any Ohio company under siege.

Cincinnati Stanley J. Aronoff Federated Department Stores Inc Aronoff Cleveland Plain Dealer Federated Robert Campeau Toronto The Thomas G. Cody John Chester Ohio Seige

Rise in industry operating rates fuels inflation fears

U S industry in June ran at 83.1 percent capacity, up 0.2 from May, the highest since March 1980. Economists warn this signals potential inflation as demand outpaces supply amid drought, a tighter labor market, and a stronger dollar, with Greenspan signaling possible rate hikes.

Washington U.S Federal Reserve Board David Jones Aubrey G. Lanston & Co Jones Unem Federal Reserve Alan Greenspan Congress Fed Federal Reserve Report

Tokyo stocks slide as Nikkei posts sharp one day drop

Tokyo share prices tumble on the Tokyo Stock Exchange marking the year’s largest one day loss as the Nikkei 225 falls 513.09 points to 27,149.03. Brokers cite steel and shipbuilding sectors' weakness and a mood shift while the dollar weakens to around 133.85 yen after early BoJ intervention speculation.

Tokyo Tokyo Stock Exchange Nippon Steel Ichitaro Watanabe Nikko Securities Co

Creston livestock sale yields 936 head from 367 consignors

Creston Auction reports 367 consignors delivering 936 head including five goats from 16 to 50. Hay loads seven. first cutting hay 125 to 186. alfalfa 210 and 135. wheat straw 80. Calves traded at 70 to 90 cents for goods, with various grades and cross breds around 90 cents. Sheep and hogs listed with prices across classifications. cattle categories include choice stock cattle and feeders with Holsteins and heifers priced per class.

Creston Yey

Rates on short term Treasury bills surge to new highs

Treasury sold 6.7 billion in three month bills at 6.76 percent discount, up from 6.72. Six month bills sold for 7.09 percent discount, up from 6.99. The rates mark the highest since October, with actual returns 6.97 percent for three months and 7.45 percent for six months. Federal Reserve noted one year bill yield rose to 7.79 percent from 7.62.

Washington Treasury Treasury Department The Federal Reserve

Also Mentioned on This Page

Curt Steiner Columbus Bill Sloat Sloat Lazarus and Gold Circle Bloomingdale’s New York the Plain Dealer Chicago Tribune U.S. Department of Commerce Ani Fmam J MEW YORK NYSE Sted Ighiantiosatng Alcans Alcoa At&t Amoco Crverp Bat Emwe Ad Disney Digital Exxon FstGhic Flast Ste Hy Fihowd Gannett GaPac Goodyr Madson Fidahop Kmart Lilco Marion Bae Merck Atta Pacge Parttco Sa PhilPet Iu Hut Exaco Ucarb Unical Pierre BR Smith Acme Cleve Lie Allied Corporation Alltel American Standard IM CPC Inter Inc Emerson First Bancorp Goodrich Atlls Dept Industries Invacare Bancorp LNB Bancorp Lesco Inc Nordson Northern Savings Ohio Edison Ie Pnc Corsn Parker Hannifin Smucker Sunrise Medical Texas Utilities Woolworth York International Ted Ulp Reliance Pera Entral Centers Osekun Sheffield Lake Westlake Parma Lake Road Center Ridge Ridge RI Wariifegtes Cynthia Latta Data Resources Inc Lexington, Mass Latta Keiichi Nishida Kidder Peabody Bank of Japan Creston Livestock
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