Lenders jittery over GNP's strong growth
Government reports continued strong growth in GNP despite slowing from 9.7 percent. Reagan calls it solid recovery without inflation. Dow rose 15.80 to 1,131.63 as credit markets react and dollar hits new highs. corporate pretax profits update shows higher earnings estimates.
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Allen Sinai
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U.S
Fitch to retire after 66 years in Elyria banking
R Jay Fitch will retire July 1 as chairman of Elyria Savings and Trust National Bank ending a 66 year banking career. Officials including President Reagan praised his civic and business work. Elyria mayor will seek to rename Court Street for Fitch.
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R. Jay Fitch
Elyria Savings and Trust National Bank
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Court Street
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EST
Bill Nash
First Ban Corporation of Akron
Gene Krebs
First Bank Corporation of Ohio
Salvation Army
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