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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Sep 15, 1995

Page

11

Panel urges shifting investment from homes to new tech

Washington panel warns that Americans overinvest in housing and underinvest in high-wage tech. It calls curbs on home mortgage deductions, caps on equity loan deductions, and reforms to capital gains and pension funding to promote long-term investments and innovation.

Robert Denham Salomon Brothers Inc Council Denham Congress Porter U.S Japan Germany Pension and Mutual Funds

Invacare to acquire Swiss wheelchair maker Paratec AG

Invacare Corp will buy Paratec AG and related shares from Rainer Kuschall for cash and stock. Paratec, with about 7 million dollars in 1995 sales, is renowned for design and tech and will complement Invacare’s manual wheelchairs. The deal requires regulatory approvals.

Elyria — Invacare Corp Paratec AG Rainer Kuschall Paratec Europe A. Malachi Mixon IH Invacare Corp Invacare Mixon Caluial Caesar Scherrer France United Kingdom Switzerland

Ryder strike clogs auto flow as cars pile at yards

New cars back up amid an eight day walkout at Ryder Automotive Operations Inc cutting shipments to dealers to about 25 000 vehicles daily. Conrail yards in Newark Albany and Boston overflow with about 14 000 vehicles as offsite storage is set up. Automakers including Ford and Chrysler seek quick resolution while dealers scramble for options and some plan to buy used cars.

Ryder Automotive Operations Inc International Brotherhood of Teamsters National Labor Relations Board George P. Turner Sr Consolidated Ral Corp Conrail Newark Albany Boston Nicole Solomon Chrysler Corp Solomon Boniface Hiers Chrysler Dodge Merritt Island Fla Ryder Jacksonville Teamsters Mike Ferry New York Norwest Fiere SmithCo Osney Se Va DuPont Ahmans PacTat Bot Ya Allied Corporation AxTouen EchsBr Ekodsk Alberten Penney Enran Amercan Anstate Ardsigal Va PaiMr Cedar Fair Abia TAY Ie Chrysler Americh Amoco SBS Rjfinab Vo CoBancorp Inc GenElec Columbia Gas Anbeus CPC Inter Inc GoMir Eaton Bannny Yq SchiPls Emerson BankAm BO Boat Goodyear Barrichg Hewicks Sears Seagram Englehard Baxter IBM Ford BellSo General Motors Kmart Goodrich Texaca ToxUtl Bo Hanson Larutd Galdor Hills Chase Merck MartLyn Undeam LNB Bancorp Merry Lesco Inc Cocath Motorola Walgrn A PBR Northern Savings GonAgr Nmiamp Ohio Edison NorTal

Cars Lift August Retail Sales Not A Sign Of Strength

U S retail sales rose 0.6 percent in August led by auto purchases after a July decline. Ex autos, sales were flat. Analysts say gains show moderation, not robust growth, as jobless claims rose. Wall Street hit records amid rate-cut hopes.

Washington Commerce Department Charles Renfro Alphametrics Bala Cynwyd Labor Department Bruce Steinberg Merril Lynch & Co U.S Wall Street Treasury Federal Reserve

Kidron Auction Receipts Detail Stock Prices and Totals

The sale lists hogs calves cattle sheep and dairy stock with weights and bid ranges. Hogs mostly 190 to 260 pounds priced from 46 to 48 dollars per hundredweight. feeder pigs to 60 pounds at 18 to 63 dollars. cows bulls and heifers priced by class. Total head 2 611 consignors 394. hay straw and feed commodities also noted with prices and loads.

Kidron Aucton

Opening Stocks Report From Lorain County Farm Bureau

The closing market lists the local grain categories with figures for yesterday. Wheat at 407, shelled corn 279, oats 3150, soybeans 584 per bushel.

Lorain County Farm Bureau Cooperatoa Association

Figgie Sells Sprinkler Business to Grinnell Tyco Unit

Figgie International Inc sold its North American Automatic Sprinkler business to Grinnell Corp, a Tyco International unit. The Holland unit was not included. Proceeds will be used to repay debt as Figgie continues to divest non core holdings.

Willoughby Figgie International Inc North America Grinnell Corp Tyco International Ltd Figgie International Tyco International Exeter N.H

Also Mentioned on This Page

The Competitiveness Policy Council Business, Labor and Government ITT Corp Caterpillar Inc American Federation of Teachers Kansas Clinton Pentagon Department of Commerce D Fred Bergsten Bergsten Harvard Business School Michael Porter Dow Agai Hartford Conn Ford Motor Co United Technologies Corp Ranger Wuait Mutuals PNC Cop Parker Hannifin NIA Reliance Elect Royal Sherwin Williams Smuckers/SJMA Sunrse Medical Texas Abltes Ba T.R.W Usx Woolworth York Interatonal Buy Farben Whit Mutual Biden Y Puritan Massmn Matia Ie Income Templeton Growth Templeton World Vanguard Wellington Figgie
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