Investment clubs show gains beat Dow in five year challenge
Five NAIC advisory committee members built 10 stock portfolios and five-year performance peaked with Trinity Industries rising 432 percent. The leader gained 193.2 percent while the Dow Jones rose 48.1 percent. Entries relied on regular investing, dividend reinvestment, and selecting growth leaders with long track records.
MENTIONED IN THIS ARTICLE
New York
National Association of Investment Clubs’ Advisory Committee
Trinity Industries
Thomas O'Hara
Associations Board of Trustees
O'Hara
NAIC
Better Investing
Federal Reserve
Owens-Corning
N.A. Philips
US Life
Detrex Chemical
Tiger International
Coastal States Gas
Amcord
American Family
National Association of Investment Clubs
East Eleven Mile Road
Royal Oak
Mich
UMW Arrogance Cited Amid Push to Shift to Coal
Anthony Harrigan in Nashville argues UMW power threatens energy independence by delaying Western surface coal mines. He cites The Progressive and The New York Times on autocracy, wildcat strikes, and health trust fund cuts. He urges antitrust action to curb union control and protect public interests.
MENTIONED IN THIS ARTICLE
United Mine Workers of America
John L. Lewis
Congress
UMW
United States
United Mine Workers
America
Progressive
Miners’ Union
Tony Boyle
Philip M. Crane
New York Times
Union
Health and Retirement Trust Fund
Appalachia
OPEC
Roscoe Pound
Wyoming
Montana
Utah
Anthony Harrigan
United States Industrial Council
Nashville
Tenn
World history highlights for August 3
On this date in history Christopher Columbus sailed from Spain in 1492, Benedict Arnold took command at West Point in 1780, Suez was occupied in 1881, Germany declared war on France in 1914, anti Nazi demonstrations occurred in Milan and Genoa in 1943, West Point dismissed 90 cadets in 1951, the first jet airliner hijacking attempt occurred in 1961, and notable events include Vietnam tax proposals in 1963, a U.S.-Soviet missile treaty in 1966, and the Entebbe raid in 1976. Birthdays include Tony Bennett. Thought for today by Ed Howe.
MENTIONED IN THIS ARTICLE
Christopher Columbus
Spain
America
Benedict Arnold
West Point
N.Y
Suez
Germany
France
Milan
Genoa
Italy
U.S. Military Academy
Los Angeles
Houston
Cuba
Lyndon Johnson
Congress
U.S
Vietnam
U.S. Senate
Soviet Union
Entebbe
Uganda
Tony Bennett
Ed Howe
Full Productivity Act proposed by Crocker National Bank chair
AP Business Analyst John Cunniff reports Thomas Wilcox argues incentives and attitudes erode private enterprise capitalism. He proposes a Full Productivity Act to encourage investment and growth, blaming big government debt and tax policy for discouraging saving.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Thomas Wilcox
America
Wilcox
California
Big Crocker National Bank
Policy Call to Protect Capitalist System and Jobs
A speaker argues that industrial policy and high interest rates discourage saving and risk undermining capitalism. He warns social equity goals falter if the system erodes and urges enacting a basic law to foster investment, jobs, growth, and quality of life.
Nixon Offenses Put in Perspective
Critics say Lasky’s It Didn’t Start With Watergate reframes Nixon’s crimes as minor next to past political spying. The essay argues media double standards and past presidents’ misdeeds eclipse Nixon’s conduct while recognizing the Watergate break-in as a criminal act.
MENTIONED IN THIS ARTICLE
Nixon
Victor Lasky
Lasky
Washington
New York
Richard Nixon
Kennedy
Johnson
Nixon-Agnew
Lyndon Johnson
Barry Goldwater
Goldwater
Dick Tuck
Democratic National Committee
Donald Segretti
Spiro Agnew
FBI
Watergate
International Revenue Service
John F. Kennedy
White House
Jackie
Truman
Adoption Not Abortion Debate On US TV Hosts
A TV segment mocks Jimmy and Joe as they push Adoption Not Abortion proposals to pay maternity costs for women who place babies for adoption. Critics argue the plan pressures women, lacks broad appeal, and acts as a hidden form of mandatory motherhood.
MENTIONED IN THIS ARTICLE
Boston
Jimmy and
Joe
Jimmy Carter
Joe Califano
Jimmy
Carol Nadelson
Harvard Medical School
Joe Joe
Letters to the Editor Oppose Dairy Lane Barn Demolition
A reader voices dismay at plans to tear down the old barn on Dairy Lane. They agree with editorials warning of a tragedy, praising the barn as a landmark alongside the brick road iron fences and hillside pasture in Athens.
MENTIONED IN THIS ARTICLE
the Messenger
Dairy Lane
Athens
Lane preserves its character in Brickman County
Charles Miers notes a quiet Longmeadow Court lane in Athens Ohio with a plea to preserve its character. A letter mailed from India to S M Jain in Athens Apts was undeliverable and returned after seven months, stamped unable to forward. The writer reflects on the journey and the town’s enduring charm.
MENTIONED IN THIS ARTICLE
Charles Miers
Longmeadow Court
Athens
the Messenger
India
New Bootleggers Target of Bill On Rhodes Desk
Ohio Governor James A. Rhodes prepares to sign a bill expanding state tax power to crack down on cigarette smuggling. The measure, sponsored by Sen Charles L. Butts, would empower tax agents to impound vehicles, increase informer rewards, and authorize arrests and warrants. It targets trafficking above $60 yearly and carries 1 to 10 year prison terms, with licenses at risk for dealers of smuggled cigarettes.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
James A. Rhodes
Charles L. Butts
D-23
Cleveland
Rhodes
Assembly
Kentucky
Virginia
North Carolina
Tax Department
Ohio Department of Liquor Control and
T-Men
U.S. Bureau of Alcohol, Tobacco and Firearms
Butt
Also Mentioned on This Page
Business Mirror
James Kilpatrick
The
Small Society
Shifley
Brickman
Bill
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