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Journal Gazette from Mattoon, Illinois • Page 8
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Journal Gazette from Mattoon, Illinois • Page 8

Publication:
Journal Gazettei
Location:
Mattoon, Illinois
Issue Date:
Page:
8
Extracted Article Text (OCR)

ICC grants rate hikes 8 Mdttoon Journal Gizette Tuesday, Oct 23, 1973 f.tebK; V' 1 -v vi' Funds advanced SAIGON (AP) The United States advanced $5.6 million to the International Commission of Control and Supervision today to keep the Vietnam peacekeeping force from being gmmded. Air America, the SPRINGFIELD, 111. (AP) -Telephone rates for customers of two companies in two down-state counties will soon be going up. charter airline tht ferries ICCS personnel around the country, has not been paid for months and gave the commission until Business Friday to pay its August bill of about $500 ,000. i The Illinois Commerce Commission Friday said it had granted rate boosts to the Montrose Mutual Telephone Co.

and to the Eastern Illinois Telephone Corp. Montrose was authorized to increase its one-party urban rates by 75 cents a month in Prize winners announced Winners of prizes given awaj in conjunction with the granc opening of Smith-Alsof City issues 19 building permits A total of 19 building permits were issued by the city clerk's office during September. Dietrich, Montrose, Gila and Elliottstown exchanges in the Crash-kills three ST. DAVID, HI. (AP) Three persons were killed in a two-car collision Sunday on Illinois 97 in Fulton County.

They were identified as Mrs. Tonette Simmons. 27, driver of one carp a passenger, Mrs. Elmer Pic-ton. 73, both of St.

David; and William Droll, 21, the other driver, of rural Lewistown. i Effingham County area The boost will mean one-par Decorating Center nave Dcen ennounced. They were: ty residential rates will go to $6.25 A month and one-party $218.50 for those permits. The total cost of construction is business rates to $9. i Eastern was allowed to increase its rates for Lyndon and Morrison exchanges in White- estimated at $59,100.

Also issued by the city were two demolition permits, one sign permit and two boulevard First, Warren Moody, 1300 S. 14th, carpet, pad and installation; second, Mike Han-fland. 1915 Western, portable television; and third, Kenneth LeGrand, 1513 Bell, lu gallons of paint. When You Shop at Danners -3-D Discount Department use of streets cutting and monthly for one-party business Store Buy a Journal Gazette. i permits.

customers, from $3.60 to $6.50 for one party residential customers and from $4.40 to $6.50 for four-party rural customers. Department of the Treasury. From left are Mike Rent-schler, Vomachka, Mrs. Don Garlock, John F. Lawson, program.

Members of the local plant employes recreation committee display the flag and certificate of award presented by Joe plant is the first and only Anaconda plant reaching 100 per cent participation by the entire management, staff and employes. (JG photo) 100 PER CENT The U. S. Treasury Minute Man flag was presented to the Metal Hose Division of Anaconda American Brass Co. Thursday for 100 per cent participation in the U.S.

Savings Bond Floyd Waters and Joe Smith. Vomachka, area onjachka noted that the local the Savings Bond Division, The survey found most retailers expecting a sales increase over 1972, and that 50 per cent of those responding indicated that they would expand their advertising budget in an attempt to stimulate sales. Hostile environment forces executives out a higher resignation rate than in the 1960s, when the highest rate found was only 2.2 for every 20 executives. He explained that in the 1 computer analysis, and since then has produced seven books on the subject. He said that in the 1960s executives acted on the notion that the world was eager for corporate products.

Even inferior thinking and products could succeed. But now the environment is complex and even antagonistic, as exemplified by the consumer and ecology movements. Now, he said, even a good idea might fail, regardless of how strongly it is held. He believes another reason for the presidential exodus is the condition of the stock market, where 1 buyers aren't as willing as before, to pay high prices. 1960s, corporations sold investors on the importance of the price-earning ratio.

They stressed a high P-E ratio as evidence of vigor. "Now they are being hung by it," Jennings said, alluding to the frustration of executives who see their shares selling at 5 to 10 times earnings after becoming accustomed to at least double that ratio. A third reason, he believes, is that many companies expanded so fast during the 1960s that they developed a management gap. They grew faster than their ability to develop personnel qualified to handle complexities. The summary consequence is HOME CONSTRUCTION CO DESIGNERS BUILDERS OF FINE HOMES You Can Borrow PLAN BOOKS FROM US Just Call 235-1221 BOB STOLTZFUS General Contractor jg By JOHN CUNNIFF AP Business Analyst 2 NEW YORK (AP) The complex and relatively hostile business environment the 1970s is overwhelming many corporation presidents and forc- 5 ing them to quit, according to a jj management psychologist and "The executive suite today is a bunch of important people 2j who individually can't do much and who together cannot decide what to do," said Dr.

Eugene Jennings, after reviewing find- ings of a continuing study. Jennings, professor of man-Z agement at Michigan State Uni- versify, and a confidential ad-viser to top executives, found that the resignation rate among presidents of the nation's top corporations averaged nearly 6 four out of 20 from October 1971 to October 1973. More than half of them, all at the highest level of the nation's 2 largest companies, were forced SOLD IN JUST 10 DAYS! Lately, everyone seems to be saying there is no money for many things, including home loans BUT that justsn't true! Certainly the supply has dwindled and terms offered by mortgage lenders are much more conservative than they once were. BUT money for the purchase of real estate is still available providing you can qualify and providing you know where to look for it. Part of the professional service offered by "Jack" Patrick, Realtor, is the knowledge of the money market where to locate it how to arrange the best possible situation for a particular buyer.

Look to "Jack" Patrick, Realtor, for this help. "JACK" PATRICK, G.R.I. Realtor Insulates, Seals The World's Strongest Glue! Caulks! ggglD QUICKSET 1 Phone 234-6366 Always On Call 88 Broadway FRONT END ALIGNMENT WtlitntNfc Alf work doa0 by Mxptrt HACK WHITE PLASTIC RUBBER Easy to use putty form neoprene rubber. Repairs rubber, canvas and fabrics. out, Jennings said.

In the past, jj such a rate voluntary or tn-j; voluntarily was Identified I with recession rather than boom. Twenty-five years ago the 15 professor began studying the 3 characteristics and techniques of executive success by means' of interviews, observations and GLUE Bonds Iron, Steel, Ceramics, Glass and 1 correct castor, etmotr Comet tot-ta, tot-otf Inspect and adjust stewing Rustproofs, never dry and brittle. 4 FL 0Z. TUBE Most Plastics 1 f)i mr Air Conditioning $2.00 More $O50 09 1 American makes "Despotism can nowise exist Jn a nationuntil the liberty of the press be destroyed." Hardens Like j-Senator Alan Cranston CColton Steel! OTHER SERVICES BRAKE WORK TAILPIPES MUFFLERS Installed SHOCKS INSTALLED Dissolves Rust Quickly! Q0ID NAVAL JELLY I OSES I uuuanimamaiiBmnim mi II LIQUID FILLER FOR STeeL Fills, seals and repairs all metals. Dries to metal-like hardness.

Water-resistant. Ready mixed. Apply cold. NAVAL JELL? maun NEAL Brush it on wash rust off! Helps prevent further rusting. No more brushing or scraping.

$49 0Z. BOTTLE mm How'sYour Hearing? Chicago, 111. A free offer of special interest to those who hear but do rot understand words has been announced by Beltone. A non-operating model of the smallest Beltone aid ever made will be given absolutely free to anyone requesting it. Thousands have already been mailed, so write for yours today, Try this non-operating model I in the privacy of your own home to see how tiny hearing help can be.

It's yours to keep, free. It weighs less than a third of an ounce, and it's all at ear level, I in one unit. No wires lead from body to head. These models are free, so write for yours now. Write Dept.

6730, Beltone Electronics, 4201 W. Vic mil if msnsf imiiw 1 OZ. TUBE $09 ivii trill- ft. I tit III; te.r vfwrwwi TIRE STORES SO. RT.

45 Ph. 235-5641 8KEET ALBIN, MOB. Quick! Convenient! Our decorating consultant come to your home no cost or obligation. Choose from colorful new fabrics, textures, weaves, colors and patterns. Best drapery buy in townl We measure, tailor, install and guarantee these quality draperies.

toria, Chicago, 111. 60646. mi mil A GOOD PHONE 235-0166 NO COST OR OBLIGATION NEIGHBOR OF YOURS FROM CUSTOM HOUSE "HEATING jMSPECTIOM" TO Now thru Oct. 31 $7.50 Residential heating systems inspected for winter, belts checked, Lk. blower motors oiled.

Standard size filters furnished free. Phone Vfi W( HARRIS ML HEATING and AIR CONDITIONING Mf III 1911 Western Mattodn, Illinois -Ph. 234-3895 DRAPERIES Sit BtWgWMW kim It J. tomm RktJ i 1 Voi.J IankAmericaro FRANK ROYTEK, JR. 107 So.

17th m' Phon 2344467 4 11 Ukti tood Mlghbtr, Stilt fm Downtown MattoonM FABRIC SHOP -1624 BROADWAY tM Farm hMuranc eomptnlM Mom onic Stoomtncton, KUnoM.

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Pages Available:
629,337
Years Available:
1905-2024