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Newspaper
Bennington Banner
Location
Bennington, Vermont, United States of America
Date
Mar 01, 1975
Page
7
House Doctor notes narrow cracks can be filled with vinyl caulking for elasticity. Wider cracks require widening, cleaning, dampening, and cement patches with a cement sand mix, feathered at edges, then colored when stucco is uncolored and sealed after setting.
Stanley Works of New Britain Conn reports 1974 earnings per share of 2.57, down from 2.95 in 1973, with total earnings of 19.9 million and net sales excluding Amerock at a record 487.186 million. The firm cites inflation driven price increases, higher interest costs, and a switch to LIFO as key factors, plus a 32 million Amerock sale to Anchor Hocking awaiting FTC approval. We expect 1975 capital spending of about 17 million with 6.8 million abroad and a cautious view on recovery in late 1975.
Consumer Corner outlines how car rental costs after accidents may be covered by the at fault party’s insurance. It advises renting a car in a comparable class, keeping detailed records, and contacting the Department of Banking and Insurance if liability is clear and the insurer refuses to pay.
An economist for the Chamber of Commerce explains that one billion dollars stacked in one-dollar bills would reach 68 miles high, and a billion in bills would circle the globe about four times. He notes the 1976 proposal implies federal spending near one billion dollars daily, about every 25 hours.
Massachusetts and New England see thousands of on site jobs from sewage treatment projects between 1973 and 1974. EPA figures note $175 to $200 million in grants this year and 75 percent local cost coverage. National totals exceed 80 thousand jobs, with expectations to double as more funds are spent.
John W. Scott of the Nations Grange urged income protection to counter rising production costs and support expanded exports. He criticized low target prices and called for immediate increases in target prices and loan rates, arguing current prices spur production and risk. He warned against theories that higher prices trigger surpluses while denying farm risk. In Burlington, Chittenden Corp directors approved a 17 cent dividend payable March 28 to record holders March 17, with the annual meeting set for April 16 at 3:30 p.m.
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