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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
May 22, 1978
Page
3
UPI reports Labor Secretary Ray Marshall calls revisions needed as current laws fail to deter rule breaking. ICC chief Richard Lesher says reforms unfair to business and could shutter small firms. Senate filibuster slows progress as press releases heat up the battle.
The beer after game ritual keeps bars thriving as Elyria expands softball, adding five women teams while men’s leagues grow from three to four. City department records show 16 women teams 48 men teams and 20 little miss teams totaling about 1350 players across city leagues. Widows outnumber widowers in the U S by more than five to one.
The Old Phoenix National Bank board announced three promotions. Dennis Gilbert will become vice president after seven and a half years at the bank and current roles as main office head teller and office manager. Don R. Dalessandro Jr. becomes marketing officer after four years as marketing director. Steve Strine will be assistant manager of the Wadsworth office.
Parents Frank and wife celebrate as five month old Siamese twins Mark and Matthew Myers near normal development after Mark’s surgery to separate them at Children's Hospital Columbus. Matthew returned home earlier. Mark released after skin grafts not needed as healing progressed. Both boys active and alert.
Popular Elyria spot Paradise at 541 Broad St may return as a restaurant as Brunswick couple vie to buy it from Elyria developer Robert Glover. The venue has recently operated as a game room after years as an ice cream parlor and hangout. sale completion will dictate plans for a new restaurant.
Higbee Co reports first fiscal quarter 1978 net operating loss of 677,943 or 0.48 per share after record sales of 40,737,305, up 2.1 percent from 39,883,103. Trailing year sales reach 182,953,418, up 7.6 percent, with net income 2,927,723 or 2.12 per share, up 12.3 percent from prior year.
Medina reports Gowe Printing Co. and Post Corp of Appleton Wisconsin signed a definitive agreement the move to make Gowe a Post subsidiary. Gowe shareholders get 11 dollars per share in cash. Gowe publishes weekly papers in Wadsworth Strongsville Brunswick. Post spans nine states including 10 Sun papers near Cleveland and aims to expand Midwest printing and own Cleveland area weeklies.
Daniel Pratt a linguist from Laurel Maryland finished second behind David Printz a 25 year old pension analyst from San Francisco. Printz won the $1500 prize at the three day North American Invitational Scrabble Crossword Game Players Tournament.
Congress eyes a crowded four day week before Memorial Day as a tuition tax credit bill advances to the House floor. The plan would allow a 25 percent credit on college tuition, up to 250 dollars per student in 1980, with broader debates on private school credits and other major legislation ongoing.
The day opened with a mixed mood as the Dow fell 1.22 to 845.63 in the first half hour while NYSE issues showed four advancers for every three decliners. Analysts noted dollar strength in the foreign exchange market amid conflicting economic signals.
The National Labor Relations Board decided that rural route and bundle mail drivers are not employees of the Medina Gazette. The United Paperworkers International Union had petitioned to determine status, but the union did not appeal. Gazette General Manager Stuart A. Borden called the decision a confirmation of an existing position.
The U.S. dollar opened strongly in Europe amid expectations that U.S. interest rates will rise soon. Gold rose to 179.35 dollars per ounce in London up from 178.85, while in Tokyo the dollar traded at 228.95 yen, up from 227.375 on Friday.
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