May June stock weakness tempers bullish talk
AP analyst notes May performance is weak and June often dips below May since 1953, except 1958. Explanations mention pre vacation selling, but The Stock Trader's Almanac argues institutions drive monthly patterns with buy periods in January April and July while October and November December offer tax shifts and pension fund activity, impacted by a presidential election year.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Almanac
New Robin Hood Rd Home and A W Root Beer Stand Permit
City Building Inspector Taylor Sewell issued permits totaling major value this week. A new house at 522 Robin Hood Rd built by Bill Rittman is estimated at 16000 dollars, and an A and W Root Beer stand on E Liberty St was approved for 15000 dollars to Robert Kaikofen. Other permits include a porch at 827 W Monroe St for 150 dollars to Norman Riddle, a fence at 405 W Love St for 200 dollars to Mexico Rotary Well Drilling Co, an addition to a garage at 528 S Abat St for 450 dollars to Claude Strange, an addition to a garage at 1013 S Olive St for 200 dollars to John Willer, a house remodel at 916 S Union St for 1725 dollars to Midwest Aluminum Co for Gladys Barnes, siding at 25 Lakeside Pl for 900 dollars to George Powell, reroofing 17 Venus St for 300 dollars to Larry Hynes, siding at 11 Bougainville St for 200 dollars to H L Lochridge, a remodel at 402 W Maple St for 1000 dollars to Orville Head, and a garage reroof at 722 N Western St for 100 dollars to C W Green.
MENTIONED IN THIS ARTICLE
Robin Hood Rd
E. Liberty St
Taylor Sewell
Bill Rittman
Robert Kaikofen
Norman Riddle
Monroe St
Gladys Barnes
George Powell
Lakeside Pl
Larry Hynes
Venus St
H.L. Lochridge
Bougainville St
Orville Head
W. Maple St
C.W. Green
N. Western St
Coach Room Opens At Hotel Hoxsey
The Coach Room at the Hoxsey Hotel has been remodeled from the former coffee shop, with new decor and kitchen equipment. It operates 6 00 a m to 2 30 p m six days a week, serving hotel residents and local businesspeople with fast luncheon service emphasized by M L Bob Stephenson.
MENTIONED IN THIS ARTICLE
Hoxsey
M.L
Bob) Stephenson
Business licenses issued to Cook and Lennox Construction Co and Shell Store
City clerk Mrs. Robert Ligon issued two business licenses this week. The recipients are Cook and Lennox Construction Co of Center Missouri and the Shell Store at 621 East Liberty Street, Jay Gourley I and Gary Evans.
MENTIONED IN THIS ARTICLE
Robert Ligon
Cook and Lennox Construction Co
Center, Mo
Shell
E. Liberty St
Jay Gourley I
Gary Evans
Chance Pays 652 for Ideas at Centralia Company
Chance Company awarded 652.50 dollars in cash prizes to 24 employees under its 30 year old suggestion program. Recipients included Glenn Jesse and Jerry Smith for packaging savings, Donald Bradley and Benny Hamilton for scrap and tank-cleaning improvements, and Willingham for ladder assembly methods. Additional honors went to Bybee, Glen Bradley, Glen, and others across Centralia, Paris, Madison, Sturgeon, Hallsville, Rex Abell, and Higbee.
MENTIONED IN THIS ARTICLE
Centralia
A. B. Chance Company
Chance
Glenn Jesse
Jerry Smith
Clark
Donald Bradley
Benny Hamilton
Charles D. Willingham
Madison
Willingham
Raymond L. Bybee
Sturgeon
Glen Bradley
Dale Prichard
Jim Hudson
George Clark
Robert Parnell
Glen Brooks
Donald Jennings
W. F. Bishop
Don Rusch
Gerald Mayes
Edwin Buie
Rex Abell
Donnie Duncan
Jim Hill
Paris
James W. Bradley
Hallsville
D. C. White
Jack L. Carter
Delvin Dean
Higbee
Art Allen Elected To Chance Board
A B Chance stockholders elected Arthur H. Allen to fill a vacancy on the Board of Directors and re-elected four other directors. President L C Hansen forecast a strong 1972 as backlog remains high and utility spending is expected to rise. The board also declared a 25 cent quarterly dividend payable June 8 to record holders May 17. Allen has served as treasurer since 1955 and the past 18 months. Directors re elected: William H. Armstrong, R. E. Ausmus, F. Gano Chance, Milton C. Cross.
MENTIONED IN THIS ARTICLE
Centralia
A.B. Chance
L.C. Hansen
Arthur H. Allen
Hansen
Allen
William H. Armstrong
St. Louis
R. E. Ausmus
F. Gano Chance
Milton C. Cross
Houston
Texas
Glenn Friday Buys Partnership At Riley Radio TV
Glenn Friday, longtime MFA Soybean Mill employee, has purchased a partnership with Riley Radio and TV Service. Friday previously worked at Peck's for many years in television and radio service.
MENTIONED IN THIS ARTICLE
Glenn
Riley
Glenn Friday
MFA
Riley Radio & Tv Service
Friday
Peck’s
Auto Makers Deny Fixing Fleet Prices
DETROIT AP Officials of General Motors and Ford Motor Co. deny charges in a federal indictment accusing them of fixing prices on automobile fleet sales. A federal grand jury concluding an 18 month investigation contended prices in the fleet market have been raised fixed and maintained at artificial and noncompetitive levels. It charged the two auto giants with conspiring to fix prices and with attempting to maintain a monopoly in the automobile fleet sales market.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
Ford Motor Co
Stahl Lectures At Missouri Jewelers Convention
Mr and Mrs George H Stahl and daughter Mary Ann attended the Missouri Jewelers and Watchmakers Association annual convention in Jefferson City April 22 and 23. Stahl lectured on identification of genuine emeralds rubies sapphires and their synthetics during nine 30 minute classes. He retired after two years as president as membership reached a record 200 in Missouri.
MENTIONED IN THIS ARTICLE
George H. Stahl
Mary Ann
Missouri Jewelers and Watchmakers Association
Jefferson City
Stahl
Missouri
Dooley Named Milwaukee Area Manager for Green Refractories
Garry W. Dooley was appointed manager of the Milwaukee sales territory for A. P. Green Refractories Co. He will oversee sales in metropolitan Milwaukee and surrounding counties. Dooley joined Green in 1968 in Mexico as a field timekeeper, then served as customer service manager in East Moline and as a sales representative for Iowa and parts of Illinois. He is a member of the Quad City Chapter of the American Foundrymen's Society and is a 1965 Paris High School graduate. He is the son of Everett and the late spouse of Michele. they have a four-year-old daughter, Stephanie. Prior to Green, he worked for Key Loan and Finance Co. in Mexico.
MENTIONED IN THIS ARTICLE
Garry W. Dooley
Milwaukee
A. P. Green Refractories Co
Doolley
Green Company
Mexico
East Moline
Iowa
Illinois
Quad City
American Foundrymen’s Society
Paris, Mo
Everett Dooley
Perry
Michele
Stephanie
Key Loan and Finance Co
Optometrists Elect Missouri Association President
JOPLIN Missouri AP Dr Jerry Franzel of St Louis was named to succeed Dr Clem Jacques also of St Louis as president of the Missouri Optometric Association Dr Franzel was elected Monday night at the concluding session of the 71st annual convention Some 250 members voted to push plans for a Missouri college of optometry The 1973 convention was set for late April at Tan Tara on the Lake of the Ozarks.
MENTIONED IN THIS ARTICLE
Joplin
Jerry Franzel
St. Louis
Clem Jacques
Missouri Optometric Association
Franzel
Missouri
Tan Tara
Lake of the Ozarks
State Farm cuts Missouri auto insurance 7.2 percent
State Farm Mutual announced a 7.2 percent average cut for most Missouri auto policies, effective May 1 for new and renewed coverage. The change, totaling about 4.42 million dollars annually in savings, varies by policyholder and is in addition to a 12.1 percent dividend for the last half of 1971.
MENTIONED IN THIS ARTICLE
State Farm Mutual
Missouri
State Farm
Paleyisee
Savings Bond Sales Soar Past 1945 Milestone
Donald W. Douglas Jr., state chairman of the Missouri Savings Bonds Committee, reports March sales at $14,932,444 and first-quarter total of $43,612,763, 29 percent of the 1972 state quota. Nationwide holdings exceed $55.6 billion. Audrain County March sales reach $54,710, lifting year-to-date to $157,503, 26 percent of the 1972 goal.
MENTIONED IN THIS ARTICLE
Donald W. Douglas Jr
Missouri Savings Bonds Committee
Audrain
U.S
Wisdom To Administer Nursing Home In Shelbyville
Philip R Wisdom 27 formerly of Mexico will be administrator of the Salt River Nursing Home in Shelbina The 120 bed facility includes a beauty shop barber shop chapel recreation and therapy rooms telephones in rooms 24 hour nurse on call and on site RN staff A director of nurses will be hired Mrs Wisdom a North Shelby English teacher holds an English degree from NEMSC They reside in Shelbyville with son Philip R Wisdom II 244 years old.
MENTIONED IN THIS ARTICLE
Shelbina
Philip R. Wisdom
Mexico
New Salt River
Wisdom
Mexico High School
Northeast Missouri State College
North Shelby High School
Mary Beth West
North Shelby
NEMSC
Paul West
Wisdoms
Shelbyville
Philip R. Wisdom II
Mr. Wisdom
Birdell Wisdom
Maurene Wisdom
Army
Mannheim
Germany
Cludes
Gas Stations Change Hands in Martinsburg Area
Leo Swaim of Martinsburg has leased the Sinclair Station at Monroe and Clark and will operate it while remaining in Martinsburg. George Melson, previously at the station, has leased the former Glen's Sinclair at 925 Liberty Street and taken over management there.
MENTIONED IN THIS ARTICLE
Leo Swaim
Martinsburg
Sinclair
Monroe and
Clark Streets
George Melson
Glen's
Liberty St
Employment Law Changes To Be Told
A seminar for all employers will be held from 4 30 a m to noon on May 4 at the employment security office 126 S 6th St Columbia. The meeting is one of twenty held simultaneously in Missouri cities. The seminar will provide employers with information on Missouri Employment Security Law in 1972 and how changes affect employers.
MENTIONED IN THIS ARTICLE
Columbia
S. 6Th St
Missouri
Also Mentioned on This Page
N. Washington
Pete Wilson
Mgr
Art Allen
Business and Industry News
Jewelers
Garry Dooley
Milwaukee Area
B.D. Simon Construction
ARMCO
P.O
East Asheen
Columbia, Missouri
Onsumer
MPL
Missouri Power & Light Company
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