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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

Sep 17, 1972

Page

3

Long hair trend boosts local barber to stylist business

Richard Fields, at 21, shifted from barbering to male hairstyling, learning specialized cuts and services for men. His client base quadrupled from 80 to about 320 weekly as he plans a larger shop, expansion into Ohio, and seminars, while managing a 60 hour week with his wife Dianne and their child.

Richard Fields Fields Robert H Fields Shiloh Fields Fields At 21 Fields Hair West River North Elyria Howe Military School Indiana All State Barber College Cleveland Ohio Dianne

Savings and loan stocks attract buyers amid rebound

S and L shares rally with some up 20 percent as investors weigh high yields from mortgages and new, higher yielding property loans. Analysts note housing starts slow, but S L profits may rise from non single family mortgages and fees while deposits surge through the sector.

Brown S&l S&L’s S&l's William M. Wesant Blyth Eastman Dillon Federal Home Loan Bank Board

Stocks fall across the market amid weak trading week

The Dow fell 139.2 points to 9473.2 while the S P 500 shed 1.34 to 108.81 and the NYSE index slipped 0.77 to 59.76 as volume sank. Investors remained on the sidelines amid inflation and higher rates, with few buyers amid mixed news and a pending Soviet trade deal helping only a limited rally. American Telephone led activity, Occidental Petroleum rose on Soviet deals, while Outboard Marine tumbled as institutions sell. Gold miners weakened as Soviet gold sales and grain imports weighed on prices.

Frank W. Sludder UPI New York New York Stock Exchange Standard & Poor Monte Gordon Sartorius & Co China Robert Johnson Paine, Webber, Jackson & Curtis American Telephone & Telegraph Occidental Petroleum Kosygin Occidental SS Kresge Outboard Marine Wall Street Journal West

Wall Street Woes and Hopes From Leading Firms

Wall Street firms report ongoing neglect and indecision in the market as Dow Jones highs hover near four-year levels. A. C. Kluger & Co notes visible strength in some issues and hints at new leadership, while E. F Hutton cites deteriorating breadth and a dull Dow transport index. Sartorius & Co questions why gains lack sustained buying momentum and all-out rally despite evident improvements.

A. C. Kluger & Co Sartorius & Co

Ocean City Sees Fast Rise as East Coast Resort Boom

Ocean City Maryland press reports a nine mile man made beach fueling a $54 million first half 1972 construction surge. Condominiums dominate new high rises up to 20 stories with values soaring and a year round economy eyed. Environmentalists fight wetlands loss while locals debate noise and season length as developers tout quick returns and financing.

Ocean City, Md UPI Harry W. Kelly David Blakeman Ocean City East Coast Maryland Peter Boinus Kelly Ocean Front Blakeman Ocean

Also Mentioned on This Page

Profiles In Business David Fenderbosch Savings and Loan Associations Robert Brown Great American Insurance Co Great Western Gibraltar Financial Loca ASK Agm Industries BCC Industries City Bank Cleve. Trust Ely-Lor Bly Sev & Tree IK OK Ist Bk-Ely Clferd Gendan Corp Lee Wilson L. Co Mid West Ba N. Savings Oberlin Sev Stanadyne Trozel Mfg GW -Griaties Pierre R. R. Smith Ow &M U.S. Steel Corp U.S. Steel Homestead Works Pittsburgh Yma Soverborgier Veran Lotier Wall Street Charter WFE Hutton & Co E. F Hutton Northern Incide Rey Boinus Western Reserve Mortgage Corp. Pe of Lodi St O. Herrick Ave Wellington Leons Rontin
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