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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jul 13, 1979

Page

11

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.

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.

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.

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.

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.

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
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