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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Oct 17, 1988
Page
20
A Media General AP poll finds a year after the Oct 19 1987 crash Americans view the stock market as risky. About 71 percent say the market is risky and 75 percent report little or no life impact from the crash, while 56 percent see their finances unchanged and 12 percent worse off.
Saudi Arabia and the Gulf Cooperation Council say OPEC could raise its total production limit to stabilize prices. A statement after a Sunday ministers meeting notes readiness to adopt a ceiling of 17,429,000 barrels per day for 13 members or higher if agreed. The six GCC states urge adherence to agreed levels and seek support from outside producers to curb a market glut while post war needs press for reconstruction.
Ohio savings and loans appear healthier than many nationwide, with regulators noting only six of 346 insolvent thrifts in the state. Ohio's industry, with 54.4 billion in assets, posted 55 million in Q2 earnings as core loan activity and strong capital reserves support stability amid broader sector stress.
A Century 21 Demby Inc. Realtors offer guidance to price homes accurately. They stress market awareness, comparatives, and neighborhood insight, inviting buyers to call or visit at 405 Middle Ave Elyria, phone 3234641.
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