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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jul 24, 1979

Page

8

Market declines in New York stocks and grain prices mixed

Wary market traders sent the Dow down 2.56 in yen and dollar fears. The Dow fell to 825 in early trading while gold topped 306 an ounce in London. Ohio grain prices moved lower for corn and soybeans with mixed regional results across Columbus and Cleveland.

Dow Jones New York London UPI Zurich Tokyo Carter Washington Frankfurt

Conservative retirement options and stock guidance column

A reader asks for a small monthly conservative retirement plan. Sargent discusses Keogh plans, corporate pensions, real estate, municipal bond funds, deferred annuities, and common stocks. He cautions on eligibility, tax rules, liquidity, and emphasizes high quality, higher priced growth stocks with reinvested dividends.

H.I. Georgia Keogh

Exxon and Amoco Post Strong Second Quarter Profits

Exxon Corp rose 23 percent in Q2 with $830 million profit or $1.88 a share on $19.61 billion in sales, aided by foreign and Alaskan operations. Standard Oil of Indiana earned $401.2 million or $2.74 a share on $4.6 billion revenue. FIRST-HALF profits at Exxon and StanOil climbed on higher crude prices and better overseas refining and chemical margins.

New York UPI Ally Power Allis Edison del Edison DuPont Exxon Firestone Hary Ketloga Mennecot Luken Steel Mattel Azh McLoutt Monearto Nabisco Can TAM Dat Grim Steel Alabama Bnep Cuindisco James New York Times Schlitz AriRespita Allanhe Rehfle BakesTr SthCan O Chadwick-Miller Hbaly Connttel Gas Detr Edson Dvanine Sharbek Putamatech Servisen Cam Spal Ny Schestr Capital Tuanaphasia Exxon Corp Standard Oil of Indiana Standard Is John B. Swearingen Eastor

Investor Bull Market Seen by Butcher & Singer Executive

Charles F. O'Hay senior vice president of Butcher & Singer will speak at 4:30 p.m. Thursday at the Hollen den House in Cleveland on A Whole New Ball Game for the Investor in U S Stocks. He chairs the investment policy committee for the Philadelphia firm and predicts a bull market may endure up to three years.

Charles F. O'Hay Butcher & Singer, Inc Hollenden House Cleveland U. S O'Way

Record Quarter and Half for BFGoodrich and Others

BFGoodrich Co reports record second quarter and six month results with first half income of 50.9 million dollars and sales of 1.47 billion, driven by chemical products despite higher costs and weaker tire demand. A T O Inc and First Union Real Estate Investments also post record earnings for 1979 with notable per share gains and dividends. Recreational vehicle owners are urged to join local camping clubs via Moore's Travel Trailers in North Ridgeville, Ohio, highlighting regional RV activities and groups.

Bfgoodrich Co John D. Ong A-T-O, Inc Willoughby Harry Figgie First Union Real Estate Donald S. Schofield Atlanta Moore's Travel Trailers of North Ridgeville Great Lakes Ohio Recreational Vehicle Association Moore’s Moore's

Also Mentioned on This Page

Lorain County Farm Bureau Cooperative Association, Inc Columbus Oro Cincinnau Chicago Nyse Ohio Northeast Central Ohio Mutuals Bay Amer-Wath Mutual Fidelty- Puritan John Hancock Band Vanguard Ivest Vanguard-Wellington American Stock Exchange PRG Ind Procter & Gam RCA Cp Reyn Rockwell Sears Cat Boss Ltd Ou Ind Fale Ltd Texaco Warm's Western Union Wests Eee Westec Woolworth Smith Pierre R Rome Cleve Amercan Machine Foundry Amipr Learie Smarker Southern Co Sybraa Tappan Edson Obiracn Pacific Mid-Ohio Securities Corp Broad St Elyria Adrier National Association of Securities , Bia Sargent By David R. Sargent Georgia C.D. Hllinois Wall Street General Electric David R. Sargent Chronicle-Telegram LOS Angeles Times Syndicate Amoco U.S Europe Area Business News O'Hay BFG Clare Oberlin J.C. Insurance Bail Bonding Agency Middle Ave Elyria, Ohio By Richard Demby Opinion Research Corporation Amenton Demby Elyria Board of Realtors Feld of Real Estate Qemby Real Estate Lme National Electrical Contractors Assn Victor Royal Business Equipment CO St.Eiyra
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