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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Sep 19, 1967
Page
2
New York AP reports steel output last week rose to 2,469,000 net tons, up 1.8 percent from 2,431,000 the prior week. Year to date production runs 87,788,000 tons versus 95,975,000 at the same point last year.
Wetterau Foods Inc of St. Louis announced a quarterly dividend of 20 cents per share on its common stock payable September 30 to stockholders of record September 20. The announcement came from Wetterau Sr chairman and Oliver G Wetterau president after a board meeting.
Precht Funeral Home at 403 N Western St gains membership in the Order of the Golden Rule for the eleventh consecutive year. The international group of about 1300 funeral firms requires families’ consent and impartial service, with a knightly shield emblem and the motto Service measured not by height but by the Golden Rule. The article notes the order’s 1928 founding and a local trust in the firm.
MOBERLY An industry that started in Moberly a little over a year ago now has 18 employees. It operates as part of Diversified Map Corp. in drafting and preparing deepetch positives of maps, mainly road maps and atlases. The positives are sent away for engraving and printing. The firm also makes army maps, aeronautical charts and educational maps. John J. Ladage leads the Moberly plant with home offices in St. Louis.
Don Spencer Production Credit office in Mexico announced the 1967 sectional annual stockholders meeting will be held at the North Callaway R-1 School Building in McCredie on September 20. Registration starts at 7:30 p.m. and the meeting at 8:00 p.m. Miller Hern will preside. George C. Hill and Al V. Horner will report on finances and future plans.
The interim report of the Securities & Exchange Commission details changes in holdings by officers and directors of registered corporations during July. A. P. Green Refractories shows increases: James A. Crookston to 686 from 86, George R. Sullivan to 4,093 from 2,700, and J. W. Swatek to 826 from 676 due to exercise of options.
Ford's near 160000 workers in 25 states threaten to slow auto production and ripple through suppliers and markets. Washington officials warn the conflict could damage overall output and incomes if prolonged, with workers losing about 5.2 million dollars daily in wages as the dispute persists.
Automatic Sprinkler Corp of America said it will acquire Rawlings Corporation of St. Louis in a $20 million pooling of interests deal. Officials said the acquisition should be approved soon by Rawlings shareholders.
The Missouri Kansas Texas Railroad reports a plan to reorganize under Katy Industries Inc. to raise funds and diversify interests. It would become part of a holding company formed to run the railroad and acquire other properties after reporting a deficit of over 7.8 million dollars last year.
Paul A. Stewart, university director of accounting, elected president of the Administrative Management Society Columbia Chapter by the board of directors. Other officers named include Ray Wells as first vice-president, Mis souri Department of Conservation official. Doe Bonato as vice-president, regional personnel manager for State Farm. Sam Scobee as secretary and fiscal officer for the College of Agriculture. George Albus elected to the board of directors of Consolidated Electric Cooperative Mexico.
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