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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Sep 11, 1996
Page
13
GE Capital will levy a 25 dollar yearly charge on Rewards MasterCard holders who pay their balances in full each month. The company says the fee funds the cash back program and costs of administering it, while expecting some cancellations and other issuers to follow.
The U S Postal Service launches Postmark America its first large scale shop at the Mall of America testing postal themed clothing and gifts. Merchandise features stamps and postal imagery plus a $225 leather satchel and a $32 95 die cast plane while plans include infant wear and new revenue ideas to delay rate hikes.
Secretary of State Robert Taft lists articles of incorporation filed Aug. 23 to 30 by Amherst firm All American Electric Inc with 500 shares and listed incorporators. Avon Diener Inc with 500 shares. Elyria Township Auto Sales Inc with 150 shares. Great Lakes Renovations Co with 850 shares. North Ridgeville firm 188 with 38850 Center Ridge Road as agent.
The Plain Dealer and about nine unions reach 10 year contracts retroactive to March 1 totaling roughly 900 workers. Eight units sign 10 year deals with one unit at 14 years and about 700 employees remain outside these agreements. Wages rise about 3 percent yearly for six years as distribution flexibility improves.
Lorain County Farm Burial Cooperative Association traded grains at yesterday's close with wheat at 4.13 dollars per bushel, shelled corn 3.84 dollars, oats 2.50 dollars, and soybeans 7.99 dollars per bushel.
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