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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jun 15, 1979
Page
14
New York shares fell as a record weekly money supply rise unsettled traders. The Dow rose briefly to 842.34 while declines edged advances 5 to 4 on light volume. Citibank joined a quarter point rate cut in a banking sector easing. NYSE composite slipped to 57.87 and AMEX market value index fell to 195.71.
Ohio retailers see egg sales to large markets with cartons delivered and varied class sizes. Prices in Midwest wholesale markets hold steady with Class 1 large at $9 and other grades noted. brief mentions of farm poultry prices and miscellaneous market figures appear.
The Silver Volt, engineered by Electric Fuel Propulsion of Troy Michigan, blends speed and range with luxury. It reaches 70 mph and 70 to 100 miles per charge, aided by a small onboard gasoline boost. Prototype shown in Skokie with production planned for late 1980 and about 200 units for initial trials.
AP reports Inc, a bold new magazine for small business, aims to be a Harvard Business Review style consultant for firms with $1 to $25 million in sales. Founders Bernard Goldhirsh and Paul Kellam launched Inc with a $2 million capitalization, hoping to guide owners from entrepreneurship to professional management.
In Silicon Valley optimism contrasts with doubt about home computers. Industry leaders caution against overpromising, noting high costs and complex setup. While some see computers as powerful home appliances, many question their practicality beyond games and niche learning, as firms pivot toward small business users to sustain growth.
HAPSCO Distributors of Sacramento selected to represent Janitrol in northern and central California, with a 17 year history and a 250 dealer network. WN Gates Co Berea adds three new staffers and gains Technical Machine Products Co and other accounts. John N Popa of HGM Realtors leads May sales with eight transactions totaling $829,500 across residential and commercial markets.
Grain prices from Lorain County Farm Bureau Cooperative and Ohio marketing areas show Wheat around 4.04 to 4.12 per bushel, shelled corn about 2.59 to 4.62, oats near 1.47 to 1.43, and soybeans near 7.49 to 7.60 per bushel across Northeast and Central Ohio markets. The report notes closing prices from yesterday and today with regional variations.
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