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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
May 30, 1986
Page
8
Japan's cabinet adopted emergency steps to boost domestic demand and pass windfall profits from a high yen of about 700 million dollars to consumers. The package directs three financial institutions to cut SME loan rates and urges gas and beef distributors to lower fees to offset currency shock.
UAW Local 72 votes 621 to 67 to negotiate contract changes sought by American Motors Corp aimed at attracting new work. Talks set for June 11 in Kenosha, with possible shift of Chrysler large body car production to AMC plant and a risk of Jeep production moving from Toledo if concessions aren’t agreed.
The Kidron sale lists bids by weight for cattle, calves, sheep, dairy cattle and hogs. Prices span feeders at 319 to 341 per 50 for light hogs, cattle steers 3350 to 34750, cows 22 to 34, and dairy heifers around 70 to 90 with various consignor totals and loads of hay and straw also noted.
Centerior Energy Corp. declares its first quarterly dividend of 64 cents per share payable Aug. 15 to holders of record July 18. The move follows SEC approval of the Cleveland Electric Illuminating Co. Toledo Edison Co. affiliation forming the holding company.
Volkswagen recalls about 132000 Audi 5000s 1984 to 1986 to reposition pedals and reduce unintended acceleration, while GM recalls about 98000 1985-86 Chevrolet and GMC vehicles to inspect and possibly replace headlight switches free of charge. safety groups dispute the causes and warn of accidents and injuries.
Wrigley Jr Co shifts to cola flavored Hubba Bubba to boost bubble gum share. The cola entry, plus NutraSweet versions in original and grape, hits Southern markets in mid June with retail availability by late June or early July.
United Brands recruits William The Refrigerator Perry to market Rath Black Hawk Bacon and announces Chiquita Pops frozen banana snack. The Cincinnati company, owner of the John Morrell meatpacking unit, projects 30 million pounds of Rath bacon sales this year and seeks future growth.
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