Market slide deepens as Dow slips and rates loom
New York prices tumbled as the Dow Jones average dropped 10.41 to 929.69 in early trading, with declines outrunning advances 8 to 1 on the NYSE. AT&T, Standard Oil, ITT, Chrysler, Eastman Kodak moved lower while Citicorp held steady amid rising short term rates and fresh money supply data.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
American Telephone & Telegraph
Standard Oil
Indiana
Inter
Federal Reserve
Fed
12 Spitzer scholarships awarded by LCCC for 1980 81
Lorain County Community College has awarded 12 Spitzer Auto Stores scholarships for the 1980 81 academic year. Six went to LCCC students, six were renewed. New recipients include Lynda Hitchcock Kimberly Fluker Jean Burke Gregory Cochran Patricia Mehlman and Gary Tallman. Renewals include several Elyria Lorain and Sheffield Lake residents. Lorain National Bank will sell 400000 in 10 year subordinated debentures Oct 1 with 12 percent interest for denominations of 1000. Proceeds pay part of 950000 in debentures due next January. Lorain Telephone Co union talks underway to discuss layoff of 20 employees due to billing and service order system conversion, with reassignment potential and no massive layoffs expected.
MENTIONED IN THIS ARTICLE
Lorain County Community College
Spitzer Auto Stores
LCCC
Lynda Hitchcock
W. River Road
Columbia Station
Kimberly Fluker
King St
Elyria
Jean Burke
W. Royalton Road
Grafton
Gregory Cochran
Tower Blvd
Lorain
Patricia Mehlman
Joseph Court
North Ridgeville
Gary Tallman
Cove Beach Lane
Sheffield Lake
Lorain National Bank
Stanley G. Pijor
Pijor
Amherst
Avon Lake
Obertin
Vermilion
Thomas P. Ryan
Lorain Telephone Co
Communications Workers of America Union
Dissatisfaction grows as workers question jobs and bosses
A Chicago retirement home social director joins millions in feeling bored at work amid rising dissatisfaction. Ford Foundation and labor surveys show more people find work unstimulating since 1969, with experts citing education and expectations, yet some argue productivity remains unaffected and steps like better communication can restore satisfaction.
MENTIONED IN THIS ARTICLE
Chicago
Robert Schrank
Ford Foundation
United States Department of Labor
Len Schlesinger
Harvard Business School
Ford Motor Co
General Motors Corp
American Telephone & Telegraph
Jerome Rosen
Work In America Institute
Schrank
Robert Quinn
University of Michigan
Survey Research Center
Rosen
Steve Leth
American Productivity Center
Houston
Survey: Americans want import limits on autos
A Detroit Free Press poll finds most Americans support government measures to curb imports while many still praise foreign cars for quality. The Market Opinion Research survey of 1,203 people shows 70 percent want limits, 39 percent prize reliability, 36 percent fuel economy, and 20 percent value, with younger and small-car drivers seeing fewer U.S. advantages.
MENTIONED IN THIS ARTICLE
Detroit
UPI
U.S
Detroit Free Press
Free Press
Enterprise zones eyed as British plan may guide U S reform
Britain unveils seven enterprise zones with tax relief and streamlined rules to attract investment in inner-city areas. Thatcher cites Isle of Dogs Swansea Manchester Speke Newcastle Clydebank and Belfast zones with full property tax exemption and 100 percent capital allowances. Kemp Garcia propose U S parallels.
MENTIONED IN THIS ARTICLE
London
UPD
Britain
United States
Margaret Thatcher
Republican Party
Jack Kemp
Buffalo
N.Y
Treasury
Labor Party
LCCC enrollment climbs as economy tightens
Lorain County Community College reports a 19.3 percent rise in full-time students to 2,359 and an overall 3.9 percent increase to 6,238 for the 1980-81 year. Day classes up 11.1 percent to 3,806, evening enrollment down 5.6 percent to 2,432. Dean Richard Mellett attributes the trend to limited job prospects pushing adults back to school.
MENTIONED IN THIS ARTICLE
Lorain County Community College
Te Lccc
LCCC
Richard R. Mellett
Mellett
Also Mentioned on This Page
National Telephone & Telegraph
Chrysler
Eastman Kodak
Citicorp
McLouth Steel Tech
loNell
Ally Power
Mobil
Beth Steel
Sears
Cook United
Pierre Er
Ford Motor
Hee
CPC International
Ine Bots
Gen Foods
Hannifinchc
Spitzer
Lorain National
Jeanine Carle
Courtland Ave
Marcia Ellek
Southwood Drive
Dale Meredith
Concord Ave
Norman Oswald
E. Broad St
Melissa Hambly
Dunny Ave
Susan McGown
Lake Road
Lorain County
American Telephone
Jolograh Co
JOM
IC. Court & Broad Sts
ULM
Bendix
Lukatre
Marily Moats Kennedy
Career Strategies
A Technican
Minolta Labs
Ramsey
N.J
Minolta
Barry James
Ment
Atta Eace Aacorp
Wenibers
Thaler Lorain
Bria
Ativanua
Pioneer Federal Savings & Loan Association
Chet Tin
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