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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Oct 19, 1979

Page

11

Area business news in brief

John L. Moore Jr of the Export-Import Bank will speak in Cleveland on October 29 at the Mid-Day Club about Foreign Policy New Realities for the 1980s. The 1979 Construction Conference in Cleveland on November 8 will focus on Energy in Construction with a Hall of Fame Honor for Architect Robert C. Gaede. BancOhio Corp reports Q3 earnings of 8.4 million or 1.04 per share, nine months 24 million or 2.98 per share, up from 1978. Society Corp Q3 earnings reach 7 million pre-security, nine months 19.4 million, up over 26 percent. TransOhio Financial Q3 earnings 92 cents per share, nine months 9.1 million, down about 10 percent from 1978. A seminar on Business Opportunities In and With Israel in the 1980s is set for October 36 at Bond Court Hotel, with registration via the Cleveland Committee for the Economic Growth of Israel.

John L. Moore, Jr Export-Import Bank of the United States Cleveland Mid- Day Club Union Commerce Building Moore Eximbank Greater Cleveland International Lawyers Group Cleveland World Trade Association Cleveland Engineering Society Robert C. Gaede BancOhio Corp TransOhio Financial Corp Cleveland-Cuyahoga County

UAW Chief presses Congress for Chrysler loans

United Auto Workers President Douglas Fraser urged a House Banking panel to guarantee loans for Chrysler, warning that failure would raise unemployment and shrink tax revenue nationwide. Chrysler Chairman Lee Iacocca supported a $1.2 billion package, while ruling out bankruptcy in the short term.

Washington UPI United Auto Workers Douglas Fraser Congress Chrysler Corp Chrysler Fraser Chrysler Board Lee Acocea Treasury G. William Miller Yacocca Lee Iacocca

Fraser acts as shuttle diplomat in Chrysler aid talks

United Auto Workers President Douglas Fraser and V P Marc Stepp, heading Chrysler negotiations, shuttle between Washington and Detroit to press for a government aid plan and a fast track bargaining deadline. They testified before a House Banking subcommittee and plan to return to Windsor talks with Chrysler workers about concessions, while Ford workers vote on their contract.

Detroit UPI United Auto Workers Douglas Fraser Washington Chrysler Corp Fraser UAW Marc Stepn Chrysler Department House Chrysler Ford Motor Co General Motors Corp Ford Stepp Windsor Ontario

Builder hails urban comeback in major centers

John L. Tishman of Tishman Realty says urban centers are reviving after 1960s decline as Americans prefer city life and crime drops ease. Projects include hotels by Helmsley and Hyatt, a 2000-room Times Square hotel for Trust House Forte, and large office towers in New York Los Angeles Detroit Newark Richmond Rochester and Chicago with total work near 1 billion dollars.

New York UPI John L. Tishman Tishman Realty & Construction Co Ple Tishman 45Th Street Times Square Astor Britain Trust House Forte Group Atlanta Portman Architectural Group Continental Los Angeles Wells Fargo Bank Detroit Renaissance Center Henry Ford Newark N.J Public Service Electric Chicago Tucson Walt Disney Group Disney World Orlando Fla

Market setback as Fed doubts weigh on stocks

New York traders saw a fresh market setback as fears rose that the Federal Reserve will take a tougher stance in combating inflation. The Dow Jones industrial average slipped 6.74 to 323.39 in early trading while losers led gainers 4 to 1 on the NYSE. The Fed reported a surprising 2.8 billion dollar rise in the money supply for the week ending Oct 10.

New York Federal Reserve

Grain price report from Ohio elevators by region

UPI reports average cash grain prices paid to farmers by elevators in Ohio after Thursday to today. Northeast No 7 wheat 4, No 2 corn 2.55, No 2 oats 1.45, No 1 soybeans 6.25. Northwest No 2 wheat 4.13, No 2 corn 2.51, No 2 cats 1.40, No 1 soybeans 6.34. Central No 2 wheat 3.6, No 2 corn 2.50, No 2 data 1.47, No 1 soybeans 8.20. Trends show No 2 wheat and No 2 corn unchanged, No 2 cats unchanged, soybeans down.

Columbus UPI Ohio Northeast Northwest Ohio Central Mb ‘Tennen New York Texaco Ca Weet Cp Tenken Alcoa AMAX OM Am Arline Radio Wee Borg Warner Cogram Pierre R Grain Dayin Hydra EPC International, Inc Detroit Ediaon DuPont Exmerson Oh Excella East Kodak Fruehaul Eaton Hershey Steel Soty Corpadl Mattel Netley McLouthlin Steel SteinRtoe Bay Melonsanto Nahisco Harwyn Ind Reynolds Owens Hs Owens Mines Ortung Split Ayia Pan Am Atr Reckover Broz Penne Wh Inco Ltd Bancroft Convad I Bank of Delawar RCA Repres Rt Alberto Culver ArchDanMidl Arizona Cessna Aircraft Chatter Inc Chem-NuclearSys Citizensutb Columbia Gas Cmwith Nat Bk SQ UD Dial Corp Filtmaways Inc Franklin Elec GAF Co Gen Stee! Ind Tamman Hospitaltrust Hughesey IniMinChem Sve Erwin Sho Lazare Kapfen Lee Enterprises Mina Por&Lt Multimedis Inc Ara Coal Owens-CommFiber Parker Hannifan Piedmont Aviation Reliance Insur Russell Stover M-Lids Safeway Stores Sargent Welch Shear Hasone Scientific Mingt Steinberg Inc Seraif Utah Winkleman Stri

Lorain County Grain Prices at Market Close

Lorain County Farm Bureau Cooperative Association reports yesterday's market close with wheat at 3.99 dollars per bushel shelled corn 2.50 oats 1.50 and soybeans 6.25 per bushel.

Lorain County Farm Bureau Cooperative Association, Inc

Also Mentioned on This Page

Area Business News Society Corp TransOhio Israel Business Opportunities Meeting Avon Avon Lake Westlake Rocky River Bay Village Berea Oberlin Amherst S. Amherst New London Wakeman Elyria the Chronicle-Telegram East Avenue Elyrity Lacocca, Fraser Tacocca Iacocca General Motors James V. Higgins U.S Leroy Pope Peo Mutuals Amer-Wash Lectronics Ave Elyria, Oh Lorain County P.A C.B Lorain the Chronicle Telegram New York Stock Exchange Business Builder Star Building Systems Star Builders, Inc
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