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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jun 02, 1980

Page

5

Metal issues rise in New York stocks

In early trading in New York the Dow Jones industrial average fell 3.07 points to 847.78 in the first half hour after a modest gain in the prior session. Declining issues slightly outnumbered advancers on the New York Stock Exchange as precious metals shares traded lower.

NEW York New York Stock Exchange Benguet Engelhard Minerals ASA Callahan Mining American Airlines Citicorp NU Step Ety UPI Ally Allied Te Penn Alcoa Bobbie Birks Bris Roper Texaco DuPont Werth Wxtpool Ak Ammenicas Athusu TC Indest Why Kellogg Tc Incostrees Kocnog Oh Midland Ross Searle Motorla Madore Tobeda Ms Union Pantie Corpa

Successful investing by David RiSargent

An investor nearing retirement in 1981 with $1,200 monthly pension seeks advice. RiSargent warns against heavy fixed income concentration and favors inflation protection through common stocks, citing 80 dividend growers 1969 79 with 7% annual growth, including BankAmerica and Dow. He endorses Fidelity Equity Income with a 7% yield and 156% NAV gain 1969 79, and suggests a 50 50 stocks bonds mix for June reallocation, avoiding annuities and embracing dollar cost averaging.

BankAmerica Citicorp Diamond Shamrock Dow Eastman Kodak Union Carbide Weyerhaeuser Xeror Fidelity Ty Income Fund Michigan Standard & Poor Fidelity Equity S.J Wisconsin

Saudis plan oil price increase to restore market order

Beir ut report says Saudi Arabia may raise prices by 3 to 4 dollars a barrel and trim output if OPEC peers freeze prices for 1980. Lead Arab economist Marwan Iskandar cautions impact on U.S. gasoline and heating oil bills, noting Saudi exports and current production levels and prior price moves.

Beirut Lebanon UPI Saudi Arabia OPEC Algiers U.S Marwan Iskandar An-Nahar Arab Report and Memo Iskandar

Economics is All American to businessman Figgie

Willoughby Ohio AP Harry E Figgie Jr chair of A TO Inc says economics is part of the American way of life. Since 1974 A TO has trained 322 teachers from 14 states and reached over 100000 pupils with summer courses and classroom simulations teaching supply and demand and inflation. The program runs at UCLA and Lake Erie College, supported by the Royal Order of TANSTRAFL and funded about 200000 annually.

Willoughby Ohio Harry E. Figgie Jr A-T-O Inc Figgie Cleveland Boston Red Sox A-T-O Elelyn M. Teleha North Madison UCLA Lake Erie College Painesville Royal Order of A-T-O Enc United States

Banks warn annual card fees could cost $1 billion

United Press International reports banks handling Visa and MasterCard accounts warn losses could reach $1 billion in 1980 if many banks did not impose annual fees and realign charges. Visa U S A president Dee Ward Hock cites high interest rates and state ceilings as key factors driving fee moves and card cancellations by some customers.

Visa MasterCard U.S.A Dee Ward Hock San Francisco California Ilinois Michigan Indiana Missouri Hock Kenneth Keck Harris Bank of Chicago Harris Keck Richard Huddleston Indiana National Bank Indianapolis

Ukrainian group sponsors dance at St. John’s Ukrainian Hall

Lorain notes the Ukrainian Spotlight International Festival Committee sponsors a dance titled Meet the International Princesses on Saturday at 8 p.m. at St. John’s Ukrainian Social Hall near 30th Street and Charleston Avenue. Tickets cost 5 dollars and are sold at the door. Music will be provided by The Change.

Lorain Ukrainian Spotlight International Festival Committee St. John's 30Th Street Charleston Avenue

Hypnosis Seminar Set for Law Officers

Burton R. Leidner of Lorain County Community College will lead a seminar on The Use of Hypnosis in Criminal Investigation at 9 am Wednesday in Fairview Park City Hall. The in service training serves west suburban police from the Westshore Enforcement Bureau, with Leidner acting as hypnosis consultant for the Cleveland FBI office.

Burton R. Leidner Lorain County Community College Fairview Park City Hall Westshore Enforcement Bureau Leidner Cleveland FBI

Also Mentioned on This Page

David RiSargent Chronicle-Telegram Libya Nigeria Ahmed Zaki Yamani The Freedoms Foundation Valley Forge Bob Rheinke Karl Marx Jesus United Press Internations First National Bank of Chicago Gene Moranville Bank of America Seephone Western Electr Co Ball Telephone See UAW BEND Court & Broad Sts Lytia Wen Rete Securities Corp Merde Sonal Kewemmuce Ine Uorain Birta Elyria Oberlin Donald V. Schultz Vo tBu Fant Harold Rorick
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