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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 16, 1980

Page

4

Market slips as recession fears weigh on stocks

NEW YORK AP The stock market turned lower as worries about a deepening recession lifting the federal deficit and hindering inflation brakes. At 10:30 am the Dow fell 1.88 to 874.49 while Sony rose to 944 after reporting a 342.5 percent profit jump in the first half of its fiscal year.

New York New York Stock Exchange Sony NYSE Atlantic Richfield ASA London Henry Schroder Bank & Trust Co William N. Griggs Leonard J. Lantow Congress Eaton UPI Firestone Ford Motor & Dy Ally Sh Gen Foods The AMA Whee Gem Mowery A&l Arma Gulf Greyhound Hersh Heth Steel BO NY IC Celane Rt Conse Ca Bie Kellogg Kralty Cat Corvals Uw Kroger Calie Thely Conti Tin Mae Mgm Gr Conk United OF Ie Mire Cp Nat Paull Rockwell Meek Seara Feraco Timken Winnie Wookworth Wea Xeron Prerte Samuth

Wellington clinic moves to Wellington Fire Station 2

Lorain County Health Department relocates its Wellington Adult Health Clinic from the Southern Lorain County Ambulance Facility to Wellington Fire Station 2. The seven Lorain County adult health clinics serve seniors over 60 not residing in nearby cities, offering free care from geriatric nurses and a public health aide. Appointments: Elyria 322-5519 or Wellington 647-2351. Also notes a court hearing over Midview school food service bid.

Lorain County Health Department Wellington Lorain County Lorain Elyria Vermilion Avon Lake

Woman leaves $159,449 estate in probate file

The estate of Marget D Finley of LaGrange valued at 159449 was left after her death on April 16 following a two year illness. Finley, an Elva teacher and missionary in Venezuela for 15 years, left 5210 real estate, 40858 tangibles and 113379 in other assets. Roger Hortor is named executor in probate court records.

Margaret D Finley Elva Finley Venezuela Roger Hortor LaGrange

Hidden Valley park hearing set in Amherst Township

Residents may speak at a public hearing at 7:30 p.m. Tuesday in the township hall at 7530 Oberlin Road. The 10 acre Hidden Valley Park off Middle Ridge Road with access to Hidden Valley Drive is part of a development agreement by Edward Gargasz with Lorain's planning commission approved with plans.

Amherst Township Hidden Valley Subdivision Middle Ridge Road Hidden Valley Drive Edward Gargasz Lorain Planning Commission Carter Edward Kennedy Calfornia Griffin Bell Ramey Clark Iren Ameria Thas Prevent Carter

GAO details wasted prison buying

A congressional report concludes federal prisons waste tax dollars through sloppy records and unnecessary purchases across facilities in Atlanta Ashland McNeil Island Englewood and New York City. The GAO cites missing property inadequate records skipped bids and overpriced projects while noting over 1.4 million saved by halting overruns.

Washington UPI General Accounting Office Senate Atlanta Ashland Englewood Colo McNeil Island Wash New York City GAO Charles Percy R-Iil Organized Crime Committee Sam Nunn D-Ga Percy Benjamin Civiletti Justice Department Pete Atlanta

Thriving power firms pay low income taxes

Washington dispatch reports that 210 large profit-making electric utilities earned $75 billion in 1978 operations but paid only 1 percent in federal income taxes. Only 6 percent of 12 billion in profits from investor-owned utilities were taxed, amid phantom taxes and deferrals.

Edward Roby Washington UPI Carl Goldfield American Public Power Association Goldfield Energy Department Richard Morgan Environmental Action Foundation

Oil expert: OPEC parity drives US energy independence

LA based interview with Dan Lundberg notes OPEC aims to parity crude oil with alternative fuels like coal, shale oil, tar sands and liquefied coal. He cites recent price hikes lifting OPEC to about $36 per barrel, and says Algeria meeting signals a shift from floor to ceiling pricing.

Los Angeles UPI Dan Lundberg United States OPEC Lundberg Algeria

Also Mentioned on This Page

the Chronicle Telegram Robert Peak Midview Board of Education Common Pleas Adrian F. Bedeski Midview Board Moelk Sales, Inc S.S. Kemp and Co Cleveland Kemp Company Kemp Jomwest Ohio Ous Arron Cleve Amercan Machine & Foundry Amerreae Searda CS Tmereavonal. Inc Dart Tod Keening Ted Mir Jana Hows Otto Edison Parker Hanes Searle Wen tioAye Ee Hidden Valley Park Oberlin Road Linden N.J Ohio Securities Corp Cleve Biya Sptider Park Plaza Beosd Devercan Fiechx Bal Ate Colat A Bidad Sts Ayra Hovey Kaiser Insurance Associates, Inc Philip B. Kaiser William Comerford Paul G. Hovey John Ryen Lorab County Bank Duilowe Department of EA Patean Chea Dapley Soreng Dock, Ceentabinn the Chronicle ‘Telegram ILY Quez Spoms Shen Phil Apouis Gordie Mowe Yaw Deroy Vathney Herzog Osklared A's Karnay City Roya Ken Boyer St Joan Cardinal Paul Motes Ruben Yount Cec Cooper Seattle Marre National Hockey League Bovton Bruty CHOGA Jim Cung Mike Ennion Ehote Belmout Yates Tecmnp Sreple Lemperetee Stormer Wembledon Ont Chin Leer Loyd Viner Wade Amglestile Preudett Carter Estenent Wee
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