GM Drops Dividend On Common Stock In 1974 Profit Drop
General Motors cut its first common stock dividend since 1946 after posting a 60 percent drop in 1974 profits to 950 million on sales of 31.5 billion. Fourth quarter profits were 508 million on 9.4 billion in sales, with the dividend reduced to 60 cents from 85 cents for the first quarter of 1975. About 115,505 of 370,000 hourly workers were laid off amid a year of oil embargo, recession, and double digit inflation.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Thomas A. Murphy
GRE
American Motors Corp
Ford Motor Co
Chrysler Corp
Itemizing and deductions for 1974 tax returns
Editor notes advise whether to itemize or take the standard deduction, outlining thresholds and concrete deductions. It covers mortgage and local tax payments, charitable gifts, medical costs, transportation, receipts, and special employment and investment expense write offs, with IRS guidance and cautions.
MENTIONED IN THIS ARTICLE
Edmond LE Breton
Associated Press
Washington
Internal Revenue Service
IRS
Promotion at Commerce Bank Highlights John Beckley
John H. Beckley, 28, promoted to assistant vice president at Commerce Bank of Mexico. He will manage the downtown facility when the main office moves to West Plaza Shopping Center. Beckley, educated at Central Methodist College and University of Nebraska banking schools, joined the bank in 1968 as assistant cashier and holds roles with local organizations including the Mexico Jaycees and Chamber of Commerce.
MENTIONED IN THIS ARTICLE
John H. Beckley
Commerce Bank of Mexico
John R. Cline
Beckley
West Plaza
Mexico High School
Central Methodist College
Hebron
New Farmacy Opens In Mexico Near Air Park
A new business named Farmacy opens in the old hangar beside Air Park Restaurant in Mexico. Operated by Chuck Worstell, it sells veterinary supplies and feed grade antibiotics to farmers and veterinarians. The facility is a branch of Earliet Supplies of Fayette. Sue Gibbons serves as secretary.
MENTIONED IN THIS ARTICLE
Mexico
Mexico Farmacy
Air Park
Chuck Worstell
Farmacy
Earliet Supplies
Fayette
Worstell
Mexico High School
Northeast Missouri State University
Kirksville
A. P. Green Refractories Co
Sue Gibbons
Two Building Permits Issued This Week in City
Taylor Sewell, city building inspector, reports two permits issued in the past week. Clifford Pollard received a permit to enclose a breeze way at 1311 Springdale for about $500, contractor Paul Hamlett. Commerce Bank was granted a permit to raze a house at 517 W Monroe, contractor W K Bud Mason.
MENTIONED IN THIS ARTICLE
Taylor Sewell
Clifford Pollard
Springdale
Paul Hamlett
Commerce Bank
W. Monroe
W. K
Bud) Mason
Wetterau Reports Record Third Quarter and Year to Date Sales
Wetterau Incorporated reports record third quarter and nine month sales with net sales of 189.8 million for the quarter and 539.1 million for nine months, up 15.8 and 16.9 percent respectively. Net earnings rose to 2.639 million and 6.978 million, with per share 0.48 and 1.27 dollars.
MENTIONED IN THIS ARTICLE
Wetterau Incorporated
Wetterau
Real Estate Transfers and Obscure Names in Multiple Parcels
A long list of real estate transfers is reported, detailing numerous parcels in Sec. 7, 16, 1S, 76, 21, 34, 11, 2, and other sections within township ranges. Names include Alvy E and Marjorie W Eddy, Dean C and Edith KL Reinerd, Farris, Crump, Robison, Porterfield, Mundy, Alvord, Gant, Finck, Hammett, Robison, Berrey, Moyle, Reed, Boeger, Richards, Metson, Jansen, Payne, and others. The notices involve various lot descriptions, fractions, and easements. some conveyances reference specific streets, parks, and subdivisions like Muldraw’s Subd and Park South Subst. A separate short note mentions Thomas R Crabtree named corporate VP and advertising director at Wetterau Incorporated, with Robert K Cruisinger cited. General transfer entries lack complete context and are presented as a parsed record.
MENTIONED IN THIS ARTICLE
Alvy E
Marjorie W. Eddy
Dean C
Edith KL. Reinerd
William J. Berry
Carol Ann Peeper
Muldraw
Phamy Crump
James W
Dorothy F. Williams
Trolley Heights
Nene B. Robison
Frank R
Danice Rae Robison
SE Fractional
Marold
Martha M. Porterfield
Glenn
Marcia Meador
Nwia
Tennessee B. Mundy
James H
Lena
Mundy
Kathleen Mundy
Alvord
Gallaher-Kent Parkland
W. T
Eliza A. Gant
W. C
Lorraine Donaldson
Riow
Angust H
Hulda
Finck
Don
Helen A. Heitgerd
William Gerald
Linda R. Phillips
Wayne A
Sandra J. Hamilton
Caroll Street
Benton City
Roy W
Blanche P. Kent
Carol R
Karen J. Allen
R. W. Kent
Beaver Dam
Adda
John M. Hammett
Ralph M. W
Rosemarie Pendergast
Sw'a
William H
Shirley A. Rittman Jr
Stephen W
Linda Reed
J. W. Gallaher Sudd
Janice Rae Robison
Row
Guane
Linda Jean Mathews
Lakeview Addn
Mary E. Boeger
Virginia Windmann
Wooten
Labd
Frank W
Lillian Richards
Mary Jane Richards
City of Mexico
Housing Authority of Mexico
Kenneth
Betty Parsons
Nots
SVN
Minerva J. Metson
Arthur A
Mary Virginia Brown
Charles P
Audrey B. Jansen
Dillards Adda
Also Mentioned on This Page
GMC
John Beckley
Jovy Relixghaus
Business and Industry News
Linda Becker
FE. Pleasant St
Brent
Crabtree
Hazelwood
Thomas R. Crabtree
Robert K. Cruisinger
Robert E. Beckermann
Wetterau Food Services
1869 Advertising Co
St. Louis
North of
Cockehreas
C. Conklin
W.E
NJ. Davidson
Davidson
H.S. (Jr
G. Decker
F.M
Nla
Earle
D.J
F.eibbons
K.R
DJ. Kgourley
J.H. (Jr
West of
Albright
K.J. Barnes
E.B
N. Barnes
R. Estate
Bell
C.B. Bell
W.L
DM. Berrey
R. Blackmore
G.T. & Brooks
M. Cottrill
J.G
M.S Davis
E. Davis
P. (Jr
Davis
R.O. Dawson
C.L
E. Collens
A.E
C. Collens
R.L
D. Fisher
C.R
C.R Fox
C.F. (Jr) & Gifford
W.A
E. Groves
E.R. Let A Hackman
O.H. Harmon
D.R
D Jones
R.M. Kindig
E.L. McKitterick
J.A
J.B. Smith
HE. (Jrn
H.C. Stoneberger
E.L
J.B. Stuart
A.T. Stuart
O.E
LM. Vassos
Watts
J.K
ML. Williams
C.E
B.F. Williams
J.F. Wilson
W.K
C.K. Woods
J.H. Wyatt
M.D
LS. Yager
A.M
Lasso
Aaveus
Ciba-Geigy Corporation
Monsanto
Green City
Nebraska
Missouri
Montana
Adarch
North
Green City Auction Market
Mistuet
Cash
Wall