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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Apr 23, 1974
Page
3
The Stephenson Motel at 1010 EB Liberty St will add 15 executive suite units with in-room saunas, refrigerators, and expanded services. Permit issued, project cost about 74000 dollars. Construction planned on the former Graves Liquor Store site with completion hoped by September, joining the existing 40 rooms built in 1968.
George A. Mayer of Miami, Oklahoma, president of Miami Stone and Rustique Brik International, received SBA’s Small Businessman of the Year award in Tulsa. The Rhineland, Missouri native formed Miami Stone in 1958, developed Rustique Brik in 1966, and now operates plants in 48 U S locations plus Canada and Australia. He is 58, married to Pauline Montgomery, with four children Tony John and Mike employed at Miami Stone.
The nation's railroads petitioned the Interstate Commerce Commission for a 10 percent increase in freight rates amid claims of urgent revenue needs. They warned some major carriers are in danger of ceasing operations due to cash shortages while claiming resources to meet demand are grossly insufficient. The railroads estimate the hike plus a pending 1 percent regional rise would yield about 1.6 billion dollars annually, with 932 million to cover higher costs and taxes, and a net 868 million boost in operating income, yielding an industry rate of return of 5.27 percent, below the ICC's 1971 adequacy benchmark.
Theodore C. Wetterau, president and chairman of Wetterau Inc., is chosen by the American Academy of Achievement as one of fifty giants of accomplishment. The Golden Plate Award will be presented at the Salute to Excellence weekend in Salt Lake City, June 27 through 29. Wetterau has steered the company from 23 million in 1952 to an expected 600 million in fiscal 1974, aiming for 1 billion by 1980. The academy honors leaders across fields and supports youth with over 100 high school honor students joining the events.
Andrew C. Rothove, service representative for Electronic Business Equipment in Jefferson City, completed a one week course in VQC Magne Dry copiers at the 3M training center in St. Paul Minnesota. He resides on Route 2 in Mexico.
Centralia two A. B. Chance Co plastics factory workers shared a 150 dollar award for a idea to store and save discarded chemical mixes. Winning suggestors were Arthur Collens Thompson and Arnold Carson Sturgeon, Epoxiglas machine operators. Additional cash awards totaling 90 went to six employees: Don Decker 12 50 and 30 for three ideas. Other recipients include Hugh Hulen Seal Bradford Kenneth Latimer Stephen Kitchen John Wheeler.
Economists hope housing activity will lift the economy but remain unsure. After volatile starts in 1973 with starts slipping then rising, housing permits offered some optimism. Saul Klaman of the National Association of Mutual Savings Banks warned the upturn could be slow or abortive due to unsold inventory, rising land costs, energy uncertainties, and general consumer malaise, though rental demand might counterbalance slower sales.
Marion Crockett owner of the Mexico Egg Ranch attended the University of Missouri Egg Day in Columbia. A film on Canadian Egg Production and Marketing was shown and Dexter Davis Missouri Egg Merchandising Council executive vice president spoke on marketing and merchandising programs for Missouri eggs.
E B Féutz of St Louis son of Wallace Feutz of Mexico presented a paper and discussed at a Society of Automotive Engineers meeting in Wichita Kansas He an aircraft accident investigation engineer and trial lawyers consultant urged engineers to accept expert witness roles and to work with attorneys on technical matters He noted that defining terms creates a gulf between the professions Wichita lawyer Robert Martin Beech Aircraft Corp general counsel said product liability suits are growing but not hopeless predicting at least 20 years before any noticeable change in filings.
Richard W. Mike Sullivan 40 a St Brendan's High School 1952 graduate has been named city editor of the Mason City Iowa Globe- Gazette. He had been the Globe's senior reporter and columnist since 1960 and is a University of Missouri graduate. His new duties include helping install an electronic newsroom system.
Mrs. Edwin Smith of Centralia earned a 20-year service award at A. B. Chance Co. Four other Chance employees received 5-year or 10-year pins. Mrs. Smith, a secretary in engineering, is married to a 31-year Chance employee who earned a 10-year pin as maintenance helper. Five-year pins went to Emmett Bruner of Centralia, a maintenance mechanic. Leonard Hatfield of Centralia, a plant guard. and William Hoffman of Sturgeon, a production welder.
University of Missouri Columbia seniors report strong job prospects across fields including accounting engineering and veterinary medicine with nationwide demand pushing salaries higher. Beginning pay ranges from about 10 000 to 12 000 for accounts and overall starting wages average around 800 per month in the north central area. Some shortages exist in elementary education but vacancies persist in health nursing and therapy careers as recruiters seek solid business and science backgrounds.
The Mexico Ledger reports varied job prospects across departments. Medical technology graduates face a healthy market but less activity than years ago, while respiratory therapy starts from 10 000 to 15 000 dollars. Law grads expect rural 10 000 and urban 13 000 salaries, and 46 of last year’s grads stayed in Missouri.
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