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Newspaper
The Clermont Courier
Location
Batavia, Ohio, United States of America
Date
Jul 29, 1971
Page
11
CarpetLand debuts in Milford offering in store and in home services including do it yourself supplies such as breadloom carpet tiles and installation items. Drop off and pick up rug cleaning and home delivery are available with store hours 9 30 a m to 9 p m weekdays and shorter weekend hours. A bookmobile schedule lists stops from Aug 2 to Aug 6 at numerous locations.
Obituary notices report services for Sylvester Gaskins 80 at T P White Sons Funeral Home and for Lloyd E Laudervack 78 at Kennedy Stevens Funeral Home. Gaskins died Friday at Jewish Hospital and is buried Mt Moriah Cemetery. Laudervack died Monday at Brown County Hospital and is buried New Harmony Cemetery.
An entry by Soungalion Planings features a well planned design with juniper and arbor vitae on the foundation and sides. The front yard displays two Washington Hawthorn trees and a white birch cluster, while the rear centers boast Day Heights Garden Club and Jay's involvement in the Homeowners Garden Contest sponsored each year.
The Dow closed at 887.5 down 0.7 as a tentative five week rally sits 10.6 points above the start at 676.7. Treasury offers seven percent ten year bonds with $10,000 max per individual. American Airlines cuts a 2 cent quarterly dividend while Federated Dept. Stores posts a 10 percent quarterly profit rise. Armco reports 26 percent first half profit decline despite 9 percent sales gain. Gold hits 42.05 per ounce in New York, marking a two year high.
The Clermont Courier discusses inflation raising required yields on bonds. Adding the annual inflation rate to the basic rate suggests current demand for 7 to 9 percent yields, with possible AA and AAA bonds reaching 9 to 10 percent if inflation hits six percent.
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