Sargent on stocks look before you leap
Advice from Mr Sargent warns against hasty investing and urges learning basics before buying stocks bonds or mutual funds. Recommends foundational books and library resources, then notes several NYSE listed integrated oil firms like Atlantic Refining Cities Service Continental Oil Marathon Phillips Shell and Standard Oil of Ohio with North Slope interests and related activities.
MENTIONED IN THIS ARTICLE
United Business Service
M. F
Massachusetts
Atlantic Refining
Cities Service
Continental Oil
Marathon Oil
Phillips Petroleum
Shell Oil
Standard Oil
Ohio
Atlantic Richfield
Standard Ohio
Continental
U.S
Phillips
Marathon
Shell
Growth of single lens reflex camera sales in the 1970s
UPI reports the SLR market surges in the 1970s with 1974 camera sales at 960 million dollars and SLRs at 12 percent. By 1978 SLR unit sales reached 1.6 million, far from 340,000 in 1970, boosting profits for Japanese firms Canon Nikon Minolta Asahi and Olympus. Leica remains a premium factor with Leicaflex but small overall impact.
MENTIONED IN THIS ARTICLE
New York
UPI
Canon
Nikon
Minolta
Asahi
Olympus
Leica Co
United States
U.S
Firestone to plead guilty in false tax returns case
Firestone Tire and Rubber Co officials will plead guilty to two charges of filing false income tax returns involving 124 million dollars. The Akron based firm allegedly underreported 9 million in 1972 and 3.5 million in 1973, with funds earned 1966 through 1971. The indictment also accuses officials of conspiring to defraud the IRS, though that charge may be dismissed at arraignment July 19.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Firestone Tire and Rubber Co
U.S
James Willams
U.S. District Court
Akron
Firestone
Rob Troyer
Internal Revenue Service
James Lynch
William K. Thomas
Local workers receive long service awards at area firms
Ed Machovina of Elyria and Everett Sherrill of Avon earned 30 year service pins from Harshaw Chemical Co. Sherrill, with five children and three grandchildren, worked in HC-11 copper and the kiln center and enjoys fishing, gardening, and travel to Tennessee. Machovina, with seven children and nine grandchildren, was night man in maintenance and tends his garden and worm farm for grandchildren. Alan E. Sanders of Grafton earned the Columbia Gas System Quarter Century Club after 26 years. Don F. Andress of Elyria attended a three day Metropolitan Life conference at Pinehurst, NC and ranked in the top 10 percent of 20,000 sales reps. Dennis Edwards was named vice president of Hubbard Construction in Huron after 12 years with the firm and roles in heavy highway and water treatment plants.
MENTIONED IN THIS ARTICLE
Harshaw Chemical Co
Ed Machovina
Wlyria
Everett Sherrill
Avon
Sherrill
Dren
Tennessee
Machovina
Don F. Andress
Lucille Drive
Elyria
Metropolitan Life Insurance Co
Pinehurst
Ancress
Bk. Perkins Ave
Sandusky
Dennis
Edwards
Hubbard Construction, Inc
Huron
New London
Ohio State University
Market dips as Carter address weighs on Wall Street
The market extended losses with the Dow down 4.44 in the first half hour as investors awaited President Carter's Sunday night address on energy and the economy. The NYSE saw more declines than advances while the administration signaled a likely recession with double digit inflation this year. In Lorain County Ohio, J Norman Thompson was named to the Soldiers Relief Commission, with a World War II Bronze Star and five battle stars among his credentials. Cash grain bids in Ohio were mixed with corn and soybeans posting notable price moves across regions.
MENTIONED IN THIS ARTICLE
New York
Carter
J. Norman Thompson
Lorain County
Thompson
American Legion
Land
W 2
Lorain
William Gillespie
J. William McCray
Elyria
Joseph Super
Andrew Shukait
Butter and Eggs Prices Listed in Columbus Market
The Columbus market reports wholesale egg prices with unchanged selling figures. Buyers and sellers note activity at key grade levels while butter and related commodities show stable quotations amid limited demand.
Also Mentioned on This Page
Sargent
By David R. Sargent
Boston Investment Advisory Service
Simon & Schuster
Intelligent Investor
Benjamin Graham
Harper & Row
G. A. Christy
J.C. Clendenin
LOS Angeles Times Syndicate
Lynch
Wolfman
Robert Brockway
Brockway
CBS
MGM Records
Siemens
Germany
Philips
Holland
Alan E. Sanders
Route 1
Parsons Road
Graftan
Columbia Gas System
Quarter Century Club
North America
Camp David, Md
Columbus
Northeast Ohio
Northwest Ohio
Lon Valvara
Lanear
Bo Stocks
Mattel
Ally Power
Allied Chem
Cary
Ames Brand
Deas
Amer
BOA Corp
Beekwell Fk Jay Ae Cri
Tracy
Ase Koon
Lear Siegler Sun el M
Erie
Hs Sharks
Wis
Canada
Colgate Beiliraly
Tudson
Nila
burkCp
Senuimbrer
Tedayne Cda
Sable
Anadieh Funds Tey
Mt Ine
Chem Farien Special
Walpiner Co Ib
Washagir Post
RC Western Maryland
Quay
Mutuals
Amer-Wash Mutual
Dreyfus
Fidelity - Puritan
Tavestors
Variety
Alden Sohn Hanedek — Bond
Nataway Rand
Crion
Prine — Income
Vanguard
Ivesl Vanguardy
Wellington
Madwest Egg Whelesale
Prises
Tellige
Cneess
Higbee's
Midway Mall
Highbee's
Star Building Systems
Business Builder
Star Builders, Inc
the Chronicle Telegram
GENIE
Wight
ERB Radio & TV Inc
Middle Ave
Bth