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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 12, 1972
Page
6
Advertisement from Beltone invites Chicago readers to request a free non-operating model of the smallest Beltone aid yet made. No cost or obligation, weighs under a third of an ounce, worn at ear level with no body wires. Write to Dept. 2124 Beltone Electronics Corp 4201 W Victoria Ave Chicago IL 60646.
Henry Varnell McIlvoy 21 of Andrews was held in the county jail on probation violation. He was placed on probation June 3 1971 after pleading guilty in the 161st District Court to a charge of giving a worthless 79 dollar check on December 21 1970 to Gibson's Discount Store located at 2419 West County Road.
A 14 year old boy was arrested after a foot chase with officers near the Kent Oil Co station at 601 West County road. He fled when spotted about 2 am and was captured a block and a half away. a radio and several wrenches were recovered. The break in occurred through a window and the youth is held for juvenile authorities questioning.
A civil action was filed Monday in the 161st District Court by Glen Rex, Inc. of Odessa against Sam Boren Oil, Inc. of Midland alleging an unpaid debt of 865 dollars dated June 15.
Midland Independent School District awaits Fifth Circuit guidance after a stay on desegregation was rescinded. Plan 2A would close four Southeast Midland elementary schools, shutter Washington, reopen Bunche, redraw lines for Bunche Travis and South, and reroute four rural buses.
President Nixon presided at a triple Cabinet swearing in including Attorney General Richard G. Kleindienst. Nixon said the Senate fight over confirmation did not diminish his confidence and, in fact, increased it despite the controversy.
A Sunday vending machine break in at the U S Post Office on North Texas led to missing candy and money. In a separate Sunday burglary, Mrs Morris Bates home on West 24th saw a coin jar, two hunting knives and a pellet gun stolen. Fire damaged a carburetor under Pam Cowns car hood. Athletes at the school raised $613 in a league fund drive.
Moderate gains occurred in today's stock market after five straight declines. The noon Dow was up 3.04 at 939.49 as advances slightly outpaced declines. Airlines oils chemicals and most motor and steel shares led gains while utilities faltered amid cautious buying and lingering inflation and unemployment concerns.
Personal finance column reviews a book by Winthrop Knowlton and John L. Furth titled Shaking the Money Tree How to Find New Growth Opportunities in Common Stocks The authors advocate a conservative approach aiming for 10 to 12 percent annual returns over the long term They define a money tree as a fundamentally solid company with strong management innovation market position and disciplined finances The book argues against chartists and promises precise criteria to identify durable winners and avoid speculation The 190 page volume retails for seven dollars and fifty cents and offers detailed methods to locate and shake profitable trees in equities based on enduring fundamentals.
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