Business Week Index Production Down Again
The Index declined for the second straight week with most components contributing. Auto production fell 4.4 percent after seasonal adjustment, steel output slid 1.8 percent due to Midwest furnace problems, and paperboard dropped 18.1 percent amid post holiday slack. Electric power rose 5.7 percent due to severe weather while crude oil refinery runs inched down 0.9 percent. Intercity truck tonnage rose 0.5 percent. miscellaneous carloadings fell 3.5 percent and all other carloadings dropped 0.6 percent.
MENTIONED IN THIS ARTICLE
Midwest
New York Stock Exchange Reports 24 Million Shareholders
The New York Stock Exchange says the nation now has 24 million shareholders, up about four million since 1965. Shareowners have nearly quadrupled since 1952 when the census recorded 6.5 million. About one in eight Americans owns stocks and women make up 51 percent of shareholders.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Exchange
Abbe Drive Thru Beverages Opens In Elyria
A new Abbe Drive Thru Beverages store offers drive through service with electric doors, heated facilities, and a wide selection of beverages and snacks. Open 1 to 10 30 p m Mon Thurs and 10 a m to 10 30 p m Fri Sat at 512 Abbe Rd with entrances on Abbe and Hilliard roads. Phone 3654395 for weddings and large affairs.
MENTIONED IN THIS ARTICLE
Elyria
Abbe Drive Thru Beverages
Abbe Drive Thru
Abbe Rd
Abbe
Hilliard Roads
New 1967 tax rules differ on medical, dependents, education
Changes in 1967 tax rules affect medical expense deductibility for all, dependency exemptions for divorced parents, and education expense deductions for teachers. The 3 percent gross income limit now applies to all, with no dollar cap on medical expenses and half of the first 300 dollars for medical insurance deductible. Dependency rules shift custody-based exemptions unless a written agreement or court order says otherwise. Education deductions now cover costs for teachers seeking a new specialty or degree if related to current job requirements, not for a new occupation.
MENTIONED IN THIS ARTICLE
IRS
Cpas
Investment tips compare yields and propose incomeBoost plan
An investor asks whether to sell Big Steel for more dividend income. The expert notes Big Steel yields 5.5 percent vs 4.4 for American Telephone 3.4 for Gulf Dial and 5 for Jersey Standard. Recommends exchanging Gulf Oil for equal dollar amounts of People Gas Light & Coke of Chicago Duquesne Light and International Harvester to raise income by over 500 dollars annually. Also discusses Xerox shorting and market volatility with caution. Oregon shrimp catch hits 10.2 million pounds, a record, vs 2.5 million average. Morristown Forest Products expands 2.5 million project adding 800 jobs.
MENTIONED IN THIS ARTICLE
At&t
Gulf Oil
Jersey Standard
A.C. A
Big Steel
Gulf Dial
Peoples Gas Light & Coke of
Chicago
Duquesne Light
International Harvester
Insulation saves money and improves comfort at home
A discussion of how insulation cuts heating and cooling costs, with historical notes on materials from fur and straw to glass fiber and foam. It outlines six key areas to insulate, emphasizes starting at the attic, and advises consulting an insulation supplier for suitable materials.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
James Watt
Wales
Germany
Coating System Protects Gulf Pipeline Project
Pittsburgh based Koppers Co has developed a coal tar enamel coating to shield the world’s largest offshore Gulf of Mexico pipeline from heat corrosion and soil stress. The line will transport molten sulphur from the Caminada offshore mine of Freeport Sulphur Co to Grand Isle Louisiana begun from 1750 feet beneath ore early in 1968.
MENTIONED IN THIS ARTICLE
Pittsburgh
UPI) Koppers Co, Inc
Gulf of Mexico
Freeport Sulphur Co
Grand Isle
Gulf
American business presence in Argentina described
The American business community in Argentina is large and important with over 300 U.S. firms operating via subsidiaries or agents. U.S. investments exceed $1 billion, according to U.S. Embassy estimates.
MENTIONED IN THIS ARTICLE
Buenos Aires
API
Argentina
U.S
Also Mentioned on This Page
Lorain
Medina County
Business Week Index
Intercity
Aga
Carrier & Ives
Harold Rorick
Jack Lance
Earl J. Lance
BUICK
OPEL
General Tire
Cleveland Street
Ohio
West End
Lowell St
UL National Bank
Wember Federal
SIT Insurlance Corporation
Carm
Tannery Street
Lorain County
28Th Street
Pearl C.D
Cascade
Galley
Furnace and
West River Sts
Call
Kerox
Xerox
Portland, Ore
UPI
Oregon
Morristown, Tenn
Forest Products Corp
Sohio
Barres
Lowel Street
Rt. 113
George Barres
Bill
East Broad
Park Avenue
Bill McClelland
Doman
Musicland
Cleveland St
Tel
Conateria
East Bridge
Koplin Drug Store
Lodi
Fairfax
Cone
N. Ridge Rd
East
Avin
RCA Whirlpool
RCA Victor
Harmon Appliance and Furniture CO
Harmon-Nielson Co
Erie Employment
ERIE
St. Lorain
Feick
Sandusky
Cherry Knoll
Amherst
Nick Discenro
Elyria Avenue
Elikia Concrete Step CO
Wesley Ave
Cleveland
U.S. 20
Turnpike
Bob
Copvas
East Broad St
Park Ave
Angelina's Pizza
Lake Ave
Stoney's Lanes
Oberlin Rd
Church St
Edi Eid
Tae
Elyria Academy of Beauty Culture
Broad Street
Kuntz
Joyce
Zan
Wiel
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