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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Feb 06, 1995
Page
10
Dear Bruce asks about beating a speeding ticket by disputing the date and faces the risk of license revocation. The column then answers a neighbor water dispute over a shared well, advising the owner to drill a private well and disconnect from the neighbor.
Readers are invited to mail questions to Smart Money P O Box 503 Elfers Florida 34680. General interest questions will be addressed in future columns though personal replies cannot be provided due to the volume of mail.
The article debunks stock market myths such as the Super Bowl Myth Summer Rally Myth and January Myth, noting January 1994 highs did not predict 1995, while current indices showed modest gains. It introduces the January Effect and the Bonus or Last 30 Minutes of the Year Effect, linking them to trader behavior and small cap stock performance and noting bid-ask spreads.
Campbell Soup Co makers of Franco American SpaghettiOs reach an agreement with The Walt Disney Co to launch Gargoyles Shaped Pasta and Shnookums and Meat Shaped Pasta.
A union covering about 2,400 workers at a Campbell Sop Co. plant ratified a two year contract including a drug testing policy. Local 625 of the United Food and Commercial Workers ratified the deal on Saturday. Details of the vote were not available. Union members began walking picket lines at the Warren and Austintown plants.
Procter and Gamble officials in Cincinnati say a misflying flag outside its international headquarters caused by a rotated display. An outdated South Vietnam flag appeared instead of the modern Vietnam flag with a star, and the company moved to correct the mistake.
Investors cheer a January job rise to 0.7 percent while wages and hours show strength. The Dow jumps 57.87 to 3028.64 and the 30 year yield falls to 7.62 percent amid bets rates have peaked, despite warnings of weather distortions and a slower economy ahead.
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