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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

May 01, 1990

Page

16

Edinboro Mall Sold for 1.5 Million to State College Group

CleveTrust Realty Investors announced the sale of the Edinboro Mall to University Park Plaza Corp of State College for 1.5 million. The trust reports a 340000 profit to be recorded in the quarter ending June 30. Cedar Fair L P says first quarter loss totals 7.5 million with 302000 in off season revenues. Both Cedar Park and Cedar Fair parks reopen Saturday.

Westlake Edinboro University Park Plaza Corp State College CleveTrust Realty Investors Investment Trust Trust Cleveland John C. Kikol CleveTrust Realty Investors Sandusky Cedar Fair, L.P Cedar Park Amusement Park Cedar Fair Park Minneapolis Richard L. Kinzel

BFGoodrich to Expand Resin Plants in Kentucky and Korea

BFGoodrich plans a 14 million expansion of speciality resins production at its Calvert City Kentucky and Pohang South Korea plants. Output will rise about 35 percent to meet growing demand in North America Europe and the Pacific Rim. Completion is targeted for mid 1991.

Akron - Bfgoodrich Go Calvert City Pohang South Korea Bfgoodrich North America Europe Pacific Rim Kent H. Lee Jr Speciality Polymers & Chemicals

Personal income and savings rise amid slower spending

Americans saved 5.8 percent of disposable income in March as personal income increased while consumer spending grew 0.4 percent at an annual rate. Durable and non durable goods mixed, services up, with total spending at 3.66 trillion.

Washington Commerce Department

County Grain Market Report Shows Mixed Prices

The bulletin notes shelled corn at a value around 150 for local buyers and a higher price of 600 for a different product. It references the county grain bureau and associates compiling the figures for yesterday’s trading.

Lean Gavnty Pare Bureau Law Lan Lp Chotariy Ob

Court report on multiple Elyria cases in municipal court

Court docket lists Daniel Treanor of Flyria facing DUI with 30 days jail and 90 days suspended. Gene Dellorville of Sheffield Village charged with reckless operation and disorderly conduct with jail terms and suspensions. John A. Howard presides as judge with cases for no license, DUI, OUI and speeding, detailing fines, jail time, suspensions, and possible programs.

Daniel Treanor Rosewood Flyria Hehay Gene Dellorville Abbe Ad Sheffield Village LOCC Elyair Municipal Court Edward Kelm Chestnut Ridge Elyria Oui

Supreme Court allows divestiture suits over mergers

The Supreme Court ruled unanimously that state regulators and private individuals harmed by anti competitive mergers can sue in federal courts for divestiture. Justice Stevens wrote that the Clayton Act supports divestiture with limits, potentially curbing 1980s merger activity and deterring deal makers.

Washington US Supreme Court John van de Kamp Federal Trade Commission Lucky Stores U.S. Court of Appeals San Francisco District Court Stevens

Creston Livestock Sale Sees 261 Consignors Move 684 Head

Creston Aution reports 261 consignors sold 684 head Monday including eight goats. Prices covered calves hogs sheep and cattle with feeders and cow calf lots plus a Friday May 11 auction for feeders at 4 p.m. all welcome for consign ment.

Creston

Metal Prices Roundup From New York Trading

AP reports yesterday's closing on the Comex and Merc for metals with gold at 370.55 per troy ounce silver 4.913 platinum 47390 per ounce palladium 122.25 per ounce spot nonferrous metals aluminum 72 cents per pound copper 31.35 cents per pound lead 45 cents per pound zinc 3 cents per pound tin not available mercury 280 to 290 per 76 pound flask.

New York Comex

Milken May Get Tax Break on 400 Million Restitution

Milken’s $400 million restitution in his settlement with investors could be partially tax deductible as compensatory damages. Experts note the IRS allows such deductions for damages tied to business activity, potentially easing the tax burden if the deduction is upheld.

Milken New York Michael Milken Uncle Sam Internal Revenue Service Tive U.S. Treasury Columbia University Marvin A. Chirelstein Barry Goldsmith Securities and Exchange Commission

Also Mentioned on This Page

Cleveland Group Cedar Point Akron Pierre IC Smith Aone Cleve Allied Corporstion Alltel Xerohup Beuildinge Inter Fine Ty Mu Emeren Firat Bancorp Goodrich LCB Bancorp LNB Bancorp Leaco Ye Nordson Northern Savings Ghig Discon PAC Corp BK Parker Hannifinany Smucker Sunrise Aer Mutuals Dareyies Fidehity- Puritan John It cock-Hand Mit Bree Tiecme Wiz Terpleton Growth Templetan-Warth Vanguard Wellington Elyria Municipal Court George H. Ferguson Supreme Court Chicago Tribune John Paul Stevens Mark I. Levy Mayer Brown & Platt Damocles California Lucky Stores Inc American Stores Co American Robert Pitofsky Brookings Institution Creston Livestock Strongsville Savings Bank Loan Val Boba Lender Strongsville Savings Bank Wellington East Herrick Avenue North Ridgeville Center Ridge Road Strongsville Berea Parma Heights Medina Hinckley North Royalton Brecksville Lawrence Feld American Bar Association Drexel Burnham Lambert Inc. Execu Fortune Magazine Goldstar Panasonic Fx-1750 Goldstar GS Canon Pci Adler Royal Lars Canon Panasonic Panasonic Printers Smith Lorain Fipvland
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