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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Sep 18, 1996
Page
13
Readers debate whether land contracts are wise for buyers and sellers. A cautionary column warns they offer no ownership until fully paid, risk government claims on equity, and banks demand 20–30 percent down to protect their loan. A related letter reflects on costly end-of-life care and the value of family care.
Dole and Forbes liken the IRS to the KGB and Count Dracula as they push for ending the agency as known. Experts say elimination would require radical tax-code overhaul and cannot happen quickly, given $1.3 trillion in annual collections and 100000 employees.
AP reports closing prices on the Comex and Nymex with gold at 382.86 per troy ounce, silver 50.18, platinum 2900 per troy ounce, palladium 121.25, and spot prices for aluminum copper lead zinc plus various nonferrous metals showing minor changes. The text notes approximate values and contains garbled digits from the source.
Lorain County Farrr bureau cooperative Associa tion Inc notes closing grain prices with wheat at 378 a bushel, shelled corn 334, oats 250, and soybeans 758 per bushel. The report highlights local traders and market activity from yesterday's session.
Lorain officials resist a quick Adelphia settlement over a 1.6 million in customer overcharges since 1994. A proposed 462000 rebate to about 18500 local customers would be paid over one year, about 2 per month. Law Director Scherach to study before FCC decision. council had previously pushed larger refunds and a roll back from 10 to 6.52 monthly.
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