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The Chronicle Telegram in Elyria, Ohio

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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

Nov 27, 1979

Page

4

Stocks Rally Despite Mixed Ohio Prices On Grain And Poultry

Market closes mix across Ohio and national listings with Lorain County grain prices showing wheat at 4.01, shelled corn 2.46, oats 1.60, soybeans 6.21 per bushel. Regional wheat and soybeans vary with Northeast, Northwest, and Central zones reporting assorted per bushel values. Butter and eggs prices appear in Columbus and Cleveland trucklot notes, while New York and Chicago US average price reports show steady wholesale levels and average weights.

Lorain County Farm Bureau Cooperative Association, Inc Northeast Ohio Northwest Ohio Central Ohio Ohio Cleveland Cincinnati New York Usda Bute Chicago

Lacocca Leaves Roundtable Over Chrysler Aid Dispute

Chrysler chairman Lee Iacocca withdraws from the Business Roundtable amid battles over federal help for the automaker. He cites lack of trust and says the group opposed government rescues, while Chrysler seeks 1.5 billion in loan guarantees as it plans 1981 car lines to revive the company.

Detroit UPI Chrysler Corp Lee Alacocca Business Alliance Iacocca Chrysler Business Roundtable Tacocca

Gas stations overprice fuel says Lundberg Letter

The Lundberg Letter reports about 40 percent of full service stations overcharge regular gasoline by the 15.4 cent ceiling. It notes self-service violations at 10 to 12 percent, while DOE audits show improvement from prior levels.

Lundberg Los Angeles Energy Department DOE

Irregular Dividends and Payable Dates in Global Securities

Fragmented list shows dividends and payables across numerous companies including Magnetics Intl Hormel Occidental Pet and Detro it Edison with dates 12-12 12-28 and others. entries note Canadian funds and various record dates, some unannounced, with multiple stock and bond references amid unclear context.

ayCo Hormel Geo Kent Free Spe Ind Cp Akshis Hormel Gta Fst Penn P Flarnishfeger Cp VO Nuldecur &Asch Tavaco Vad Darkwall Alcon Petrolane Inc N Cagle Andeasey Egular Atco Ltd Funds Beneficial Co Bird & Son Rastmet Cp Pottsk Oystem WRG Tnt Repibhie Rirandel Sondering Oriental Cadit Murmatng Webb Co Pestourne Inet Hou Carmdvan

Lorain banks pay dividend and small business updates

Lorain National Bank directors declare a regular 35 cent per share dividend plus a 5 cent year end extra, payable Dec 31 to Dec 14 shareholders of record, totaling $1.45 per share or $543,892.75 for 1,275 holders. Funtime Inc. reports 66 cents a share for year ending Oct 31 on $16.3 million in revenue, down from 69 cents as attendance fell to 855,000. The Greater Cleveland Growth Association invites two programs on small business topics, plus Hyde Products’ Edward Heidenreich to speak on tube-making and pollution control. United Airlines adds a Cleveland to NYC freighter service. Ohio Accountancy Board elects Thomas B. Watson, Jr. as president. free IRS SBA seminar for small firms is announced. Lorain County Home Builders Christmas party and installation banquet set for Dec 14 at De Luca's, Lorain.

Lorain National Bank Lorain County Funtime, Inc Geauga Lake Park Aurora Gascoigne Council of Greater Edward E. Heidenreich Hyde Products, Inc Westlake Fabricating Manufacturers Association Rosemont Ill Anaheim Calif Heidenreich Home Builders Association of de Luca Lorain

Family Business Talk on Succession in Cleveland

Dr. Leon A. Danco will discuss succession and continuity in family owned businesses at the December meeting of the Family Business Association of Cleveland. The event starts at 6 30 p m and is held at the Marriott Inn at 1271 and Chagrin Boulevard. Danco serves as president of University Services Institute and The Center for Family Business.

Leon A. Danco Family Business Association of Cleveland Marriott Inn Chagrin Boulevard Danco University Services Institute Center For Family Business

Prime rate drops to 15 percent as banks cut lending costs

Major banks cut prime rates to 15 percent signaling a peak in rate hikes. Only two of 20 top banks held steady with several others lowering to 15 percent or 15.4 percent amid slackening loan demand and cheaper funds. Analysts expect more cuts if money markets stay loose and the Fed maintains an easier stance. The move could ease consumer borrowing later, though full effect lags for smaller borrowers.

New York Bankers Trust Co New York Stock Exchange Bankers Trust UPI Uae Sunorbir Mutuals Amer -Wash Mutual Ar Sregius Atel Fidelity Puritanion NL Vanguard Lvest Wellington Pees Wall Street Bankers Trust of St. Louis St. Louis County Bank Southwest Bank Ameritrust Co. of Cleveland Lorain County Federal Reserve

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the Chronicle Telegram Robert Penick Bussness NYSE American Stock Exchange Pierre R al An Gonaneh Industries Lear Siegle BN Rose Svationtal Gypsuon Eden Hs Parker Hinnifiri A Searlerg Daly Ry Smackrrabi Sath Enh Syhron Ey Tileda Edison Woalmorthik Linon Pacific Corp Phy Wien Spp Angeess City Mid-Ohio Securities Corp National Association of Securities Dealer Inc Cleve Norwalk Pitzer Park Plaza Broad St Elyria Humphrey-Cavagna Roz Liston United Press International Area Business News Geauga Lake COSE AuWerter’s Fred AuWerter AuWerter Outfitters, Inc Ted Goodman Cleveland St Grafton James E. Dove Cooley Road United NYC Freight Flight United Airlines Cleveland Hopkins Kennedy International Airport New York City Thomas 8. Watson, Jr Ohio Accountancy Board Columbus CPA Public Accountants Certified Public Accountants Watson Watson, Rice & Co., Inc IRS Internal Revenue Service Small Business Administration AJC Federal East 9H St Oberlin J.C. Insurance Middle Ave Elyria, Ohio the Chronicle-Telegram Food Pages Real Estate Richard Demby G.R.L CRS Matarest Demby Demby, Inc Elyria Board of Realtors Hanay
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