Big Investors Return to Stock Market Boosts Economy Outlook
Big pension funds and profit sharing plans are again buying stocks, signaling looser money, lower rates, and a potential upturn. Morgan Guaranty Trust cut its prime rate to 12 percent, the lowest in 25 months, sparking a rally as Dow closed at 10129. Utility shares led gains while some warn the surge may be temporary.
MENTIONED IN THIS ARTICLE
Dwight Short
Merrill Lynch
New York
Morgan Guaranty Trust
Stock Exchange
Dow Jones
Chronicle-Telegram
Short
Jerry Aldrich
Elyria
McDonald & Co
Aldrich
Federal Reserve
Jack Smith
Pierre R Smith & Co
Smith
Weather outlook with light winds and showers likely
Variable cloudiness tonight with a low around 43 to 48 degrees. Southwest winds under 10 mph. Mostly cloudy Wednesday with a high near 58 to 62 and a 20 percent chance of rain. Details on Page A-3.
Royal ship is raised
A brief note reports the royal ship being raised, details unclear due to damaged text on page A-5.
Thousands of Poles Walk Out Over Solidarity Ban
In Gdansk and Gdynia thousands of shipyard workers Strike for a second day to protest the ban on Solidarity. Police with water cannons move to disperse crowds around Lenin Shipyard as authorities mark the second anniversary of Solidarity’s official registration. Lech Walesa and other jailed activists are central to the protests.
MENTIONED IN THIS ARTICLE
Warsaw
Poland
Solidarity
Gdansk
Baltic
Gdynia
Elblag
Paris Commune
VI Lenn
Lech Walesa
Lenin Shipyard
Soviet Bloc
Special little angel from Sheffield Lake donates liver
Shane Sturtevant five died after a motorcycle accident. His mother Patricia explains the organ donation to aid Justin Tamelcoft five, born with biliary atresia. The family learned of the transplant after Shane’s death at a Ronald McDonald House.
MENTIONED IN THIS ARTICLE
Sheffield Lake
Shane Sturtevant
Little Angel
Justin Tamelcoft
Shane
Patricia Sturtevant
29Th St
Lorain
Sturtevant
Diane Pringal
Rainbow Babies and Childrens Hospial
Justin
Justin Tamehoff
Prmgal
Lorain County Community College
Judy) Tamescott
Judge hands 20 year term to rare book thief from Oberlin
James Shinn 46 of St Louis pleaded guilty to interstate transportation and receiving stolen books. Federal Judge Daniel Huyett II sentenced him to 10 years on each count, consecutive, with a total 20 year term. Police found 75 stolen volumes in Oberlin and 480 rare books totaling about 100000 in a warehouse near Allentown.
MENTIONED IN THIS ARTICLE
Oberlin
St Louis
Oberlin Colleges
Philadelpha
James Shinn
Daniel Huyett II
Shinn
Charles W Baker
Obe
Muhlenberg College
Allentown
Shinns
Falls council overturns condo plan for six acres
Falls council voted unanimously to reverse the planning commission approval of a 29 unit condominium development on six acres southwest of Columbia and Cook roads. Neighbors protested fearing single bedroom units would fail to attract buyers and risk rental use. Fodor Realty added two bedrooms per unit with prices in the 60 to 70 thousand dollar range.
MENTIONED IN THIS ARTICLE
Olmsted Falls
Planning Commission
Fodor Realty
Columbia
Cook Roads
Fedor Realty
Fricke Tops In Country Alabama Page C 3
Local Alabama page highlights Fricke achieving top status in country listings. Features brief mention of page location C 3 and notes community recognition for Fricke’s standout performance among country acts.
MENTIONED IN THIS ARTICLE
Alabama
Fricke
Also Mentioned on This Page
Winnie the Pooh
Elyria West High School
Sunset Theatre
Lft
Connie Kotnik
Michael Kotnik
Rabbit
Gary Capers
Roosevelt Capers
Pooh
Karin Berthold
Clarence Berthold
Kanga
Bob Bailie
Morgan
Accent On Living
Ds Entertainment
North Ridgeville
Star Tracking Television
EAI Eee Oanda A
2Nd Shipyard
Lorain Boy
Sheffield Lad
Hota
Judge
Oberlin College
Falls Council
Condo OK
Fodor
Commission Council
William P Mahoney
Janie Fricke
Pene
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