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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
May 12, 1982
Page
7
Lorain County Farm Bureau lists yesterday's grain prices with Wheat at 2.12 dollars per bushel, Shelled Corn 2.55, Oats 2.25, and Soybeans 6.22 per bushel.
Dr. Burton R. Leidner, associate professor of counseling at Lorain County Community College, will be the guest speaker at the Lorain County Dental Society's Annual Spring Dinner to be held Monday at the Oberlin Inn.
General Motors tells more than a million owners of 1980 and 1981 X-car models to inspect for front axle oil seal leaks and worn shifter forks in manual transmissions. GM will pay repairs for affected 1980 81 Chevrolet Citation Pontiac Phoenix Olds Omega and Buick Skylark models. About 1.35 million X-cars have been sold.
The tentative agreement covers 45,000 workers and goes to the URW international executive board for approval after most locals backed the pact. It marks the first contract since Stone took over last year, following Peter Bomarti’s retirement, with Goodyear largely in favor, Firestone approving six of ten locals, and Uniroyal set to follow the national settlement with minor changes. The deal includes a 1 cent per hour raise per 9.26 CPI rise, plus extended hospital and pension benefits and life insurance. Negotiations began in March and Goodrich settlements set industry pattern.
Dun and Bradstreet reports 529 to 530 weekly failures in mid February for the year to date total of 8,129, with many more firms shut despite not appearing in the count. Experts cite recession high rates and industry slumps as drivers and warn of lost productive capacity and future price pressures if construction inputs do not rebound.
Farmers nationwide call a toll free line to tell Congress that high interest rates top their woes. Rep. de la Garza notes relief would rely on lower rates. The House backs a $1 billion housing package offering subsidies to first time buyers, sighting 9.5 to 10 percent effective rates. Reagan opposes. veto possible. Budget talks hinge on Social Security savings disputes as House GOP blocks Senate plan.
Al Worcester of Worcester Sales and Service announces Lamar Fisher of Elyria won a 250 Bolens lawnmower grand prize from Saturday's open house at 24200 Route 10 in North Ridgeville.
The report lists wheat at 3.21 per bushel for No 2 shelling and 3.29 for Cache One No 2 wheat. Also shown are oats at 3051 SEE, core at 265, oats 223, and No 1 beans at 6.48, reflecting commodity prices for agricultural products.
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