Leisure market boom drives strong growth across sectors
Outlays for recreation balloon as Americans spend more on outdoor leisure. 1972 estimates reach 105 billion with trend toward four day workweeks and longer vacations boosting demand. Parks, camping vehicles, and outdoor activities surge while firms like American Exchange and Oddott Sports Industries gain as consumer spending shifts toward leisure goods.
MENTIONED IN THIS ARTICLE
Wellesley Ilis
Lesure
Suris
United States
Pawel
America Business
Fle Research
Babson's Reports
First
Issue Corporation
Ene Exchange
Oddott Sports Industries
Vale 13
Boquis Tenns
American Motors profits surge in nine months
American Motors Corp reports nine month earnings of 27.2 million, triple the year ago period, with per share profit rising to 1H cents from 32 cents. Strong auto industry demand and a mix of car and group sales drive record sales near 31 billion for the period.
MENTIONED IN THIS ARTICLE
American Motors Fina Detroit
American Motors Corp
U.S
American Motors
Chrysler Corp
AMC
NPPD Employees Honored for Long Service
Two NPPD workers receive service recognitions for long tenure with the district and predecessor utilities. Andrew J. Jensen, spanning roles from lineman to training supervisor and engineer at York, Columbus, and Sheldon Station, reflects 20 years plus a later transfer. Harold T. Hitch, noted for five decades of service, began as performance engineer at Sheldon, rose to mechanical engineer, and became maintenance supervisor at Cooper Nuclear Station before his current post.
MENTIONED IN THIS ARTICLE
Nelyasky Poliiic
Andrew J. Jenaen
Coambus
Iss
Hfe
Will Nppd
Superior
Ei Sear
Jensen
York
Aupervice
Columbus
Harold T. Hitch
Hitch
NPPD
Utility
Sheldon Station
Cooper Nuclear Station
Intercity Truck Tonnage Surges Across Regions
A regional transport survey shows higher intercity tonnage in several metropolitan areas. The ATA annual report notes a large rise in Western and Eastern hubs, with 22 metros posting gains driven partly by a holiday week impact and shifting trucking patterns.
MENTIONED IN THIS ARTICLE
MTL
Uta
Isdn
Wits
Gt Espn
Bekok
ATA
Lermasoprestar
Metenpolitiny Ireas
Ietrapelitte Creas
Dowet
Lesen
Regulators unlikely to relax profit rule for firms
Washington officials reiterated they will not ease profit margin rules to shield businesses. A commission staffer said relaxation is unfounded while exploring adjustments to allow price or margin tweaks without harming consumers, amid claims some firms could increase margins if limits shift. The discussion continues as economists weigh productivity gains and price controls.
MENTIONED IN THIS ARTICLE
Washington
Ty Fae
Commission
Brite Commission
Conmission
San
Alliance budget toils to win approval Thursday
A near final Alliance budget faced a Thursday vote after a public hearing drawing about 63 residents. Residents complained a $3 monthly refuse fee and higher taxes funded parks, baseball and golf facilities, while council members warned of reconsideration if the plan failed.
MENTIONED IN THIS ARTICLE
Alliance
Cuhers
Frontier reports first profitable quarter since '71
Frontier announces a profitable quarter ending Thursday with a net income of 1 million dollars or 17 cents per share. The company cites subsidies and non recurring items while noting full year expectations improved to about 3 million dollars, or 48 cents per share, despite a prior loss in 1970.
MENTIONED IN THIS ARTICLE
Frontier Reports
Ry Cole
UVP
Fyonss
Linn
Iisline
Snooth
Mantion
A. L. Felderi
Frontier
MBB
Maryland firm tests radar to guide ships like air traffic
A Maryland company has created a radar system enabling harbor controllers on shore to direct ships eight times more efficiently, mirroring air traffic control methods used at airports. The system promises improved vessel movement, collision avoidance, and traffic flow in busy harbors.
MENTIONED IN THIS ARTICLE
Maryland
Business leaders wary of debt slow U.S. growth recovery
American businesses hesitate to borrow for expansion amid a liquidity crunch and high rates. The Boston Consulting Group argues debt to equity remains low for many firms, while others borrow heavily and outpace rivals. Caution in financing could curb growth and threaten market positions.
MENTIONED IN THIS ARTICLE
Joan Cunnifrap
NEW York
United States
Boston Consulting Group
Sev Honomy Management
Boston
Bog
BCG
Pizza Hut Inc reports first quarter gains with restated figures
Pizza Hut Inc. announces first quarter 1973 results led by Frank L. Carney. Net sales for the three months ended June 30 1972 totaled 15.79 million with restated prior period at 9.41 million. Net income reached 701 thousand versus restated 43 thousand. Earnings per share stood at 0.27 on 2.409 million shares versus 0.16 on 2.765 million. The company operated 293 huts including a Columbus site.
MENTIONED IN THIS ARTICLE
Pizza Hut
Itc. Wichbay
Frank L. Carney
Columbus
Valmont Posts 11 Percent Hike in Q2 Earnings
Valmont Industries Inc reports net saves of 8,012,156 for the second quarter, up 149 percent from the prior year's quarter. Net earnings per share reach 32 cents, up 23 percent year over year. Year to date earnings total 6 cents per share, vs 5 cents in the prior year. First six months 1972 sales rise 4 percent and earnings from operations improve slightly.
MENTIONED IN THIS ARTICLE
Omaha
American Beef Packers reports ninth straight sales rise
American Beef Packers Inc. said sales climbed to a record 511,745,931 for the year ending June 3, a 40 percent rise and 147,125,897 ahead of 1971. Net earnings reached 1,008,691, or 66 cents per share, five times last year’s. Merger with Betland International in December increased average shares.
MENTIONED IN THIS ARTICLE
Omaha
Neb
American Beef Packers, Inc
James A. Tapharm
Betland International, Inc
Io American Beef Packers
Industrial Site to gain new 5000 KVA transformer
Loup Power District crews under Columbus division superintendent Gordon Buchholz planned a 5000 KVA transformer for the Columbus Industrial Site Substation. The Weasllnghouse unit, weighing about 42000 pounds, costs 32000 dollars and will replace a smaller EVA transformer. The upgrade will boost electrical capacity and improve service for the Columbus industrial area and nearby businesses and residents.
MENTIONED IN THIS ARTICLE
Fortheast
Columbus
Buchholz
Also Mentioned on This Page
Babson
Bureau of Outdoor
Ational
HAM Aillinn
Asthes
Sava Nillion
WNT
Stockholde
Kay D. Chapin
W Ni Lucanirg
Business Mirror
LCG
Pizza Hut Inc
Valmont
Keaps Om Polling
Cen Uphaff
American Beef Packers Inc
Britain
S Mos
Vyss
Sar
Equitable
Paras
Equitable Savings & Loan Association
14Th St
25Th Ave
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