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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Oct 13, 1981

Page

3

Mubarak set to take presidency in Egypt referendum

Egypt votes on Mubarak amid heavy security as officials pledge to shoot troublemakers on sight. Nearly 12 million registered voters answer yes or no to Mubarak’s presidency, with the veteran leader poised to succeed Sadat after a brief political ascent and a backdrop of regional military ties and peace talks.

Cairo Egypt UPI Hosni Mubarak Anwar Sadat Khartoum Sudan U.S Libya Reagan Washington THE Washington Post Jaafar Nemery Alexander Haig America Nemeri Mubarak Sadat Jihan Al-Ahram

Egypt Arms Aid and Troop Moves Stir Regional Debate

A Reuters summary reports U S officials backing accelerated arms shipments to Egypt and Sudan to counter Libyan adventurism. Defense officials discuss a broader joint exercise with Oman and Somalia including Marines, paratroopers, and B 52s while avoiding specifics on exact weapons and training commitments for Sudan.

Reagan Egypt Sudan Libya State Department Robert McFarland Pentagon Khartour Anita Stockman Weinberger Haig Ms. Stockman U.S

Poodle Pup Suspected in Cash Loss Case

A six month old cream poodle named Buffy is suspected after a money bag containing about five thousand dollars in cash checks and credit card stubs vanished from a Renton Washington home The owner Michele Collins says Buffy dragged the bag outside and it disappeared the next morning Collins notes the dog’s habit of carrying objects and questions remain about the loss tied to her boyfriend who had brought the bag home from a car rental business authorities have not charged the dog or owner with a crime and the couple appeals for its return

Buffy Michele Collins Renton, Wash Seattle UPI Renton Wash Miss Collins Brian

Reagan backs AWACS sale to Saudi amid Sadat death

President Reagan argues Sale of advanced AWACS aircraft and weapons to Saudi Arabia is key to proving U S credibility to moderates in the wake of Anwar Sadat's death. He says Congress should approve the 8.5 billion package, despite House opposition and uncertain Senate support. Carter endorses the plan but diverges on PLO talks.

Washington UPI Anwar Sadat Reagan United States Congress Saudi Arabia Jimmy Carter PLO Israel House Senate White House Camp David

Lutheran Home adds campus style expansion

Stilgenbauer described city orders as negotiable while noting the Lutheran Home expansion doubles staff to about 100. The third addition converts unusable rooms into 16 supportive living apartments for 32 residents needing supervision but not full care. Dr Leslie F Weber preached on church responsibility for national care.

Stilgenbauer Leslie F. Weber The Lutheran Church- Missouri Synod Board of Social Ministry World Relief

Juan Carlos and Reagan hold talks on Columbus Day

King Juan Carlos of Spain and Queen Sofia arrived for talks with President Reagan on the 489th anniversary of Columbus discovery. Officials said no major policy agenda, but Spanish sources suggested discussions on NATO plans and the Middle East after Sadat's assassination. The visit follows Spain's nonrecognition of Israel and ties to the Arab world.

Reagan Carter Middle East Palestine Liberation Organization Gerald Ford United States PLO Sadat U.S Washington UPI Christopher Columbus America Juan Carlos Spain Queen Sofia NATO Israel Alexander Haig Blair House Pennsylvania Avenue White House

Banks cut prime to 18 percent in nationwide move

Citibank and Continental Illinois Bank of Chicago lowered their prime lending rate to 18 percent from 19 percent for top corporate customers. Crocker National Bank and Chase Manhattan had already matched the 18 percent level. The Fed cut its discount window surcharge to 2 percent from 3 percent, while keeping the discount rate at 14 percent.

New York UPI Citibank Continental Ilinois Bank of Chicago Crocker National Bank of San Francisco Chase Manhattan Federal Reserve Fed

Tobin Wins Nobel Prize For Portfolio Selection Theory

Yale professor James Tobin won the 1981 Nobel Prize in Economic Sciences for portfolio selection theory, explaining diversification to reduce risk. The prize, worth a record 130000, cited his analysis of how households and firms allocate assets, contrasting with Friedman’s monetarist approach. Tobin called diversification “not putting all your eggs in one basket.”

Stockholm Sweden UPI Yale James Tobin Tobin Roger Sperry David Hubel Torsten Wiesel Academy

Sand shipment from Chardon to Saudi sheik’s pool

Walter C. Best Inc plans to load nine tons of Ohio sand into 100-pound bags for shipment to Baltimore then to Jidda Saudi Arabia. The sand will be used in a pool filter for a Sheik, via Structural Fibers Inc. and a distributor in Jidda. The firm notes the long distance, noting the sand is inexpensive at about 500 per ton.

Chardon (Ap Ohio City Ohio Saudi Arabia Walter C. Best Inc Baltimore Jidda Best Chardon Structural Fibers Inc Gerald C. Hornick Hornick Johnson Dietatien

Also Mentioned on This Page

Republic Menachem Begin Interior Ministry Asyut Giza Pyramids Nunneiry the Post Oman Somalia North Dakota Brian O'Neill AWACS Lutheran Nobel Economics the Chronicle Telegram East Avenue Elyria Secon the Chronicle-Tek East Ave P.O Pari Elyria Byrn Oem Selon Ceamnelliog Milton Friedman Ronald Reagan Margaret Thatcher Friedman the Royal Cians Carl Hamilton Institute of International Economic Studies Wayne C. Johnson Djidda
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