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The Chronicle Telegram in Elyria, Ohio

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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 26, 1990

Page

7

Caution Marked Start to Holiday Shopping Season

Retailers report mixed results as Thanksgiving weekend shoppers showed caution. Dayton Hudson Corp praised early season performance with department stores steady to up, while Sears posted a disappointing weekend. Shoppers favor traditional gifts and sale items amid a weakening economy and Middle East crisis.

Dayton Hudson Corp Ann Barkelew Barkelew Dayton’s Hudson's Marshall Field Target Discount Mervyn’s Sears, Roebuck and Co Matthew Howard Sears Howard Middle East

Record 1991 deficit opens with $31.5 billion shortfall

The Treasury reports October 1990 deficit at $31.5 billion, up 21 percent from October 1989, reflecting Gulf buildup and S&L bailout costs as the new year begins. In Madrid, Spain, major automakers plan hundreds of layoffs amid slowing sales, while in Philadelphia a Christmas gift catalog totals $15,231.72, up 4.34 percent. New York Stock Exchange halts trading over 90 minutes due to a power disruption, the first major outage in memory.

Washington Treasury Department U.S Persian Gulf Madrid Spain Philadelphia J. Patrick Bradley Provident National Bank New York New York Stock Exchange NYSE

Forbes lists top 400 private firms with rising sales

Forbes reports that sales of the largest 400 private companies nearly doubled since 1985 as public firms go private through leveraged buyouts. Cargill remains No. 1 with 44 billion, Koch Industries is second at 17.2 billion, with 48 firms based in New York and Chicago second in count.

New York Forbes Cargill Koch

Home State figures plan final appeal in high court

Ohio Supreme Court upheld Marvin Warner and David Schiebel convictions for securities violations linked to Home State Savings Bank collapse. The justices kept them free during their U S Supreme Court appeal, with Warner facing a 5 million bond, a 34 year sentence and Schiebel a six month term.

Cincinnati Savings Bank U.S. Supreme Court Ohio Supreme Court Marvin Warner David Schiebel Home State Warner Schiebel the Savings and Loan High Court United States Supreme Court

Also Mentioned on This Page

Bon Marche Northwest Thanksgiv Ing John Buller Feds Germany Volkswagen AG Seat SA Wall St Pierre A Smith Co Acme Cleve Lesco Inc Nordson Allied Corporation Alltel Ohio Edison Northern Savings SwormerShip Center For PNC Corp CPC Inter Inc Parker Haunifin An Emerson First Bancorp Smucker Goodrich Sunrise Medical LNB Bancorp Texas Utilities Hills Dept Invacare Woolorth LCB Bancorp Mid-Am Inc Charlie Bender Bender Cray Ohio State University Aqourle Sales R.H. Macy RJR Nabisco Trans World Airlines Revlon Northwest Airlines Chicago Dallas Los Angeles Detroit Houston San Francisco PotmEl Prats Pigit Roc Fd Reebok ReyMit Rackwl Rowan Royld Schimb SwBel Texaco Textil Timew Toyrus Elyria Downtown Commons At&t Amoco Anheus ArmWi AdRich Bat Baxter Bickhr E Chase Carysir Citicorp Comdre Disney EkKodak Va Exxon FedExp Ya GenEl Gillete Aida Sa À Mart Kclypl Lilly We Sara Ligton Masco Merck Bay Bata MerLyn We Ae Mesalp Ty Itn MMM Bos BO Va Mobil Wa Monsan Morgan uNey Va Motarla Tve Wa NCNB Wa Va‘p NiSems Navish Newell Woalestest Xerox E Nce Lorain National Bank Lorain FDIC Hysh Warner and Schiebel Epoca Canon Royal Cleveland Street Elyria Thur
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