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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Nov 25, 1983
Page
4
The Dow dipped 0.20 to 1275.41 in early trading as gainers edged losers on the NYSE. Analysts cited durable goods up 3 percent and modest 0.4 percent CPI rise, signaling steady growth and tame inflation, though traders eyed a light post holiday mood.
Cleveland report cites rising housing, falling unemployment, but urges higher productivity for Ohio to gain federal business share. Nation’s City Bank luncheon features Ashland College vice president Lucille Ford who calls for more R D in high tech and stronger labor management cooperation. Ohio ranks ninth among ten large states in tech manufacturing jobs per Ford.
Williams, International Secretary, seeks the USW presidency after the death of Lloyd McBride. An executive board split prompts a union wide election next March with Odorcich as rival, while dissidents led by Sadlowski loom as a potential challenge amid contract discontent and membership decline.
Detroit talks show Chrysler Chairman Lee Iacocca halting the YCS 27 convertible and postponing a T115 minivan version while weighing four U S joint ventures with Mitsubishi. Plans include up to 240,000 Mitsubishi sub compacts at Belvidere and production in Fenton Missouri as FTC reviews GM Toyota California deal. Iacocca insists the five year program remains at eight billion dollars despite pressure to raise spending.
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