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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Mar 21, 1988
Page
13
In early trading on the New York market, the Dow Jones average fell 19.23 to 2068.14 at 10 a.m. EST. The NYSE composite dipped to 151.49 and the Amex value index slid to 298.04, with 558 issues down and 300 up on the NYSE amid 21.48 million shares traded.
TRW Inc and Borg-Warner Corp announce an agreement for TRW to buy Chilton Corp a Borg-Warner subsidiary for about 360 million dollars. Chilton conducts consumer credit reporting and accounts receivable management and will join TRWs ISG in Long Beach California.
Realtors stress that location drives home value and resale, urging buyers to pick growing neighborhoods and review zoning for future depreciation. Contact Century 21 Demby Inc Realtors Elyria for guidance and assistance.
Cleveland AP reports Avanti dealers find 1986 and 1987 models slow to move due to fit and finish problems. Miami area dealer Marvin Friedman notes 1988 models are much better, with five cars sold and more to come. Cars are handmade, plant moved to Youngstown, prices from 35000 to over 50000.
In Boca Raton Florida McDonald's advertises for workers to be bused from Palm Beach County with travel time counted as work hours. Officials say the move aims to staff stores creatively while economists note local residents cannot afford to live there.
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