How to beat the Dow with Investment Clubs
In 1941 a Detroit man joined an investment club and by February had invested 7,800 and withdrawn over 30,000 while the account surpassed 59,000. The National Association of Investment Clubs, now 7,000 strong, found clubs beat the Dow during bear markets. Clubs invest monthly over long periods, reinvest dividends, and pick companies with solid sales and earnings despite declines.
MENTIONED IN THIS ARTICLE
New York
Detroit
Mutual Investment Club
National Association of Investment Clubs
Royal Oak
Mich
Dow Jones
Associaton
Thomas O'Hara
Elyria and Lorain Hospitals Sweep Seven Awards
Elyria Memorial and Lorain St. Joseph hospitals captured seven of fourteen achievement awards from the Greater Cleveland Hospital Association. Nancy A. Cooksey of Elyria Memorial won the grand prize for a wrist band identifying patient allergies, saving nurses time locating charts. Four other Elyria Memorial staff earned second or third place. St. Joseph staff Irene Bowley and Pamela Anne White earned multiple awards for improvements in knee immobilizers, respiratory care, and patient instruction.
MENTIONED IN THIS ARTICLE
Elyria Memorial
Lorain St. Joseph
Greater Cleveland Hospital Association
Nancy A. Cooksey
Association
Cooksey
M.B. Johnson School of Nursing
Lorain St. Joseph Hospital
Irene Bowley
Pamela Anne White
R.N
Elyria Phone Workers Strike After Rejected Offer
Elyria Phone staff rejected a two year package on April 2 prompting a strike. Union reps demand an immediate one dollar per hour raise, while banks report a one year, seven percent raise was also rejected. Average union pay cited as 4.02 per hour.
MENTIONED IN THIS ARTICLE
Elyria
Wealth and the myths of American prosperity
The article discusses how a small group controls a large share of U S wealth, challenging the belief that wealth reflects virtue. It cites random walk theory and notes that wealth concentration has remained stable since World War I despite government programs aimed at aiding the middle class and the poor.
MENTIONED IN THIS ARTICLE
New York Times
Park-Ohio hits gas oil surplus in Ohio energy push
Park-Ohio Industries reports sufficient natural gas and oil in Northeast Ohio to sell gas to East Ohio Gas Co and oil to refiners. Chairman Richard Sheetz says the move, part of an energy independence program, is profitable. The company plans up to 40 wells in Summit and Portage, with 20 producing wells and a new energy division tying wells to East Ohio via 17 miles of pipeline.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Park Qmo Industries
Ohio
East Ohio Gas Co
Richard
Sheetz
Park-Ohio Board
Summit
Portage
Park Drop Forge
Park-Ohio
Park Ohio
East Ohio
Harland F. Kinney
New Energy Resources Division
Portage County
Shalersville
Rubber strike looms as URW vows swift auto industry settlement
The United Rubber Workers Union chief warned a tire industry strike would be short if automakers need tires, saying Detroit would push a quick settlement. GM, Ford, Chrysler and Goodyear warned of plant shutdowns, while stockpiles and radial tire shortages complicate dynamics as UAW wraps a contract with 70,000 workers across 47 plants.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
United Rubber Workers Union
URW
Pete Bommarito
UAW
General Motors
Firestone Tire and Rubber Co
Goodyear Tire and Rubber Corp
B. F. Goodrich
Uniroyal
Chrysler
Ford
Bommarito
Ohio Lottery eyes June 15 instant game launch
The Ohio Lottery Commission tentatively set June 15 to begin an instant lottery, with about 50 million $1 scratch tickets prepared. A May 25 public hearing will follow to finalize details as the panel aims to boost sales and compete with neighboring states. The group also backed a 50 cent game to replace Buckeye 1,000 with a simpler prize structure.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio Lottery Commission
Norwalk police seek molester after 4 year old alleged incident
Norwalk police are seeking a man who molested a 4 year old girl yesterday afternoon as she waited in a car on North Hester Street for her mother. The suspect reportedly reached through a broken car window and touched the girl before fleeing when the mother returned.
MENTIONED IN THIS ARTICLE
Norwalk
North Hester Street
VW board to approve US assembly plant plan
VW supervisory board is expected to approve setting up an American plant to protect the U S market though location not chosen. Possible sites include Cleveland Baltimore Detroit Norfolk and New Stanton Pa. Also Howard Hughes empire seeks his will via small newspaper ads in US Canada and Bahamas. Summa Corp. says ads part of ongoing search to formalize death status. Hughes died two weeks ago.
MENTIONED IN THIS ARTICLE
Wolfsburg
West Germany
UPI
Volkswagen Company
United States
Houston
Howard Hughes
Hughes
Summa
Zinnos Build Man Powered Plane First US Flight
Joseph A Zinno and his brother Clarence powered a lightweight balsa and aluminum craft for a five second flight at Quonset Point Naval Air Station. The craft rose 12 to 18 inches off the ground before a gust toppled it onto its left wing and the fuselage crashed.
MENTIONED IN THIS ARTICLE
North Kingstown
R. T
Joseph A. Zinno
Clarence
U.S
Europe
Joseph
Quonset Point Naval Air Station
Wall Street nudges higher at open in NYSE rally
Opening in New York, the stock market inched up amid a continuation of yesterday’s three year high buying. The Dow Jones industrial average edged up slightly as more NYSE stocks advanced than declined, signaling sustained early strength.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Medina warehouse to hire about 100 workers
Governor Rhodes announced Hardware Wholesalers Inc of Fort Wayne plans a 336000 square foot Medina warehouse employing about 100. Construction to start within 30 days, opening fall 1977. The facility will serve 400 retailers across Ohio Michigan Pennsylvania and West Virginia from Medina, leveraging strong interstate highways.
MENTIONED IN THIS ARTICLE
Columbus
UPI
James A. Rhodes
Hardware Wholesalers, Inc
Fort Wayne
Ind
Medina
Rhodes
Ohio
Arden Morgan
HWY
HWI
Michigan
Pennsylvania
West Virginia
Baby selling in black market raised by legal gaps
The piece discusses illegal home-finding services advertising babies for five thousand to fifty thousand dollars, California laws on adoption fees and licensing, and the gray area of independent adoptions. It recalls Silverton's conviction and argues the need for federal statutes to curb exploitative practices and protect mothers and children.
MENTIONED IN THIS ARTICLE
Silverton
Moss
California
Connecticut
Delaware
Michigan
Minnesota
Massachusetts
Westlake Man Reaches Ohio Lottery Buckeye 1000 Final
Charles Giordano of Westlake is among eight finalists in the Buckeye 1000 drawing for a top prize of $1,000 a month. Finalists compete for seven runner-up prizes ranging from $1,000 to $10,000, with the top prize totaling $400,000. The drawing airs tonight at 7:30 on WEWS Channel 5 in Cleveland.
MENTIONED IN THIS ARTICLE
Charles Giordano
Center Ridge Rd
Westlake
WEWS
Cleveland
Channel 5
Grain prices at Lorain County market report
Lorain County Farm Bureau Cooperative Association notes closing grain prices with Wheat at 2.95 per bushel Shelled corn 2.47 Soybeans 34.47 and a stray listing for rats at 1.40 per bushel.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
Chronicle Telegram publication details and pricing note
The Chronicle Telegram of Elyria Ohio lists issue information for April 22 1976 including price notes. It shows daily and Sunday rates by mail and carrier delivery options with contact numbers for Lorain and Cleveland offices.
MENTIONED IN THIS ARTICLE
Elyria
Ohio
Lorain County Printing & Publishing Co
United States
Lorain
Cleveland
Also Mentioned on This Page
The
Mar
John Cunniff
O'Hara
Howard Sievert
R P Traylor
Jerry Berthoff
Mark Pasadyn
Elyria Phone
Pagel
Herbert
Cadillac
Smith
A. Bricmont
Lottery Commission
Baltimore
Norfolkk
New Stanton, Pa
Hughes Group
Will
Canada
Bahamas
Howard Robard Hughes Jr
Howard Robard Hughes Sr
Allene Gano
Summa Corp
Encino
Calif
John Fuller
Wall Street
India
Airco Inc
Alcoa
Es Ralston
RCA
Am el Pw
Rockwl
Am Motors
Sears
T&t
Shell Oil Bolt
Anche H
Armco
Owl
Sperry
Sui Oi Cal AG
Bendix
Azme
Sui
Boeing
Tenaco
Timlin
Chessie
Pierre Dow Ch
R. Smith Co
Dresser
American Machine & Foundry
DuPont
Dynam Goodach
el M
VC Industries
Gn Food
Kewanee Industries
Koehring
Gtel el
Lear Siegler
GaPac
Gtire
National Gypsum
Gillette
Ohio Edison i Goodrh
Betsy Cole
Child Welfare League
Save A Life Adoption Agency
Mondale
Florida
the Chronicle-Telegram
East Avenue
Aetna
Ge Tech & Loan
Tad Pero
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