Massive sterile fly plant aids Southwest cattle industry
The world's largest fly factory near the U S Mexico border sterilizes 160 million male screwworm flies weekly to curb cattle losses. The program, funded at 6.5 million yearly with a 500000 boost from the Nixon administration, has slashed U S cases and aimed to eradicate the pest regionally with border quarantine and cross border cooperation.
MENTIONED IN THIS ARTICLE
K. Mack Sisk
Tex
UPI
U.S
Southwest
U.S. Department of Agriculture
Atomic Energy
M. E. Meadows
United States
Mexico
Old Moore Air Field
Mission
Douglas
Ariz
Brownsville
San Diego
Calif
Meadows
Puerto Rico
Virgin Islands
U.S. Caribbean
Southwest Animal Health Commission
Parker-Hannifin posts record Q3 sales and higher earnings
Parker-Hannifin Corp reported a third quarter sales record of 66.2 million for its fluid power systems, up from 58.2 million a year earlier. Net earnings rose to 2.9 million or 53 cents per common share, versus 2.0 million or 36 cents a share. Year to date earnings per share reached 1.30, up 41 percent from 92 cents a year earlier.
MENTIONED IN THIS ARTICLE
Parker-Hannifin Corp
Parker-Hannifin
Technical Publishing Co. Reports First Quarter 1972 Earnings
Technical Publishing Co of Barrington reports near record revenues and profits for the first quarter. Profits reach 173,940 dollars or 13 cents per share, up from 25,158 dollars or 2 cents last year. Net revenues rise 18 percent to 2,426,416 dollars from 2,049,529 dollars in 1971. An extraordinary credit in 1971 did not recur in 1972.
Selected Stocks Quotations Courtesy Merrill Lynch
Stock quotations furnished through Merrill Lynch, Pierce, Fenner and Smith, Inc. from 1 N. LaSalle St., Chicago. Contact 236-8900 for current figures and listings.
MENTIONED IN THIS ARTICLE
Merrill Lynch
Pierce, Fenner and Smith, Inc
N. LaSalle St
Chicago
Taxes Inflation Must Be Considered in Financial Planning
William A. Reasoner of Waddell & Reed warns that many Americans misinterpret income as gross pay. He says take home pay after taxes and inflation must guide budgeting, noting retirees on fixed incomes face growing hardship. Property taxes compound the strain on older households.
MENTIONED IN THIS ARTICLE
William A. Reasoner
Waddell & Reed Inc
National Financial Ser
Waddell & Reed
United Funds Inc
United Continental Group
United Investors Life Insurance Co
Reasoner
Private Pension Assets Top $100 Billion In 1971
Private pension funds not run by insurers hit $106.4 billion in book value in 1971, up $9.4 billion from 1970, according to a Commerce Clearing House report. Corporate security holdings at year end totaled a large portion of the investments.
MENTIONED IN THIS ARTICLE
Commerce Clearing House
Securities and Exchange Commission
Pension Funds
U. S
CCH
Federal Reserve Board
Illinois Bell expands snip and take plan nationwide
Illinois Bell Telephone broadens its snip and take policy to include most customers moving outside the operating territory. The plan offers a $5 credit for customers who drop off their phones at a designated office, instead of handing them to the installer at a new home.
MENTIONED IN THIS ARTICLE
Illinois Bell Telephone
Illinois Bell
A O Smith Reports Strong First Quarter Profit Rise
A O Smith Corp. posted a 27 percent gain in profits for the first quarter from the prior year. Sales rose about 7 percent to 125.496 million from 116.824 million, with earnings of 4.183 million or 1.70 a share versus 3.280 million or 1.34 a share a year ago. Executive cited improved performance and better economic conditions as the drivers.
MENTIONED IN THIS ARTICLE
A. O. Smith Corp
Wall Street Charter and Market Outlook Across Firms
Wall Street firms offer mixed views on a possible market setback. E F Hutton predicts a modest pullback followed by a sustained lateral phase before another rise, while A G Becker expects a strong second half with a 950 to 1,000 DJIA target and notes a 1,040 ceiling in 1972.
MENTIONED IN THIS ARTICLE
New York
UPI
E. F. Hutton
Hutton
A. G. Becker & Co
Becker
Also Mentioned on This Page
Business Today
Technical Publishing
ATT Wececsoeneeseeensesse
Borg Warner
Chemetron
Commonwealth Edison
DeSoto Chemical Seeewereerenee
Eeeeeeecsosnasnene
Dover Corp Electric
General Sneneeneeeeeen
General Mills General Telephone
Honeywell Acprecee Recessseeeves
Illinois Tool Works
ITT Accewsececsennenes Nccesssesserores
Jewel
Litton Industries
Marcor Weeeennreracecseseeee
Marriott
Motorola
Northrop
Parker Hannifin
RCA
Standard Oileevee
UAL Corp
Uarco Nevesewenees
Union Oileeneneeneees
U. S&s. Gypsum
Walgreen
Wall Street Charter
Hoppin
Standard & Poor’s Corp
S&p
New York Stock Exchange
Janes Dines & Co
Dines
Alexander Hamilton Institute, Inc
Dean Witter
TOPPS
General Electric
TOP Brand Appliances
Waring
Blender
Ames
Kirchoff
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