In the frozen
foods department of our local grocery store, I noticed a
man shopping with his son. As I walked by, he checked
something off his list, and I heard him whisper
conspiratorially to the child, "You know, if we
really mess this up, well never have to do it
Times were hard in Russia after the
cold war, but there was determined young man who wanted
to buy a new car. He saved for many years until he had
just the right amount. Immediately, he went to the car
dealer and said, I want to buy a new car!
Thats good, replied the car dealer. We
will get a car for you soon. Come back here in eight
years and three months ... well have your
car. The man replied, Will that be morning or
afternoon? The car dealer was surprised. Does
it really matter? he asked. Yes, the
man said, it really matters. The plumber promised
me that he would come that day too."
A Chronological Record of Events as they have
Transpired in the City and County since our last Issue.
He Was Absent-Minded.
A young man over
in a neighboring town took a girl out for a drive and she
fell out of the buggy and he drove on a mile or two
before he missed her.
You can bet your
last penny that such a thing never happened in Carthage.
The wheels might drop off, the shaft pull out, the horse
drop dead, or the buggy wheel disappear entirely and not
be missed, but the girl - never.
brothers, who are now owners of Park cemetery, are making
some decided improvements in that already beautiful
place. They have laid off and platted three new blocks,
and will grade and gravel all the streets with mining
gravel. Additional culverts will also be put in to run
the water off.
Platt Announces 2009 Results.
Leggett & Platt reported fourth quarter
earnings per diluted share of $.23. Earnings from
Continuing Operations, adjusted to exclude an
unusual tax item, were $.30 per share. In the
fourth quarter of 2008, adjusted earnings from
Continuing Operations were $.03.
Earnings improved, despite
lower sales, as a result of cost reduction
efforts, pricing discipline, and a $.06 per share
LIFO benefit. Sales from Continuing Operations
were $770 million, 13% lower than in the fourth
quarter of 2008, with steel-related price
deflation accounting for the bulk of the decline;
unit volumes declined approximately 3%.
President and CEO David S.
Haffner commented, "For the full year,
Continuing Operations EPS was relatively
unchanged from the prior year, despite a $1
billion (or 25%) decline in sales that was
primarily market-driven. Our significant cost
reduction efforts and pricing discipline allowed
us to sustain EPS and improve margins, despite
the weak economy. Full year gross margin was
20.6%, the highest level since the year 2000. I
am extremely pleased with our employees
accomplishments in the face of such economic
4Q EPS of $.23; sales
were $770 million, 13% lower than in prior year.
4Q adjusted EPS from
Continuing Operations of $.30, excluding an
unusual international tax item.
Full year earnings of
$.70 per share; sales were $3.06 billion, 25%
lower than in the prior year.
Full year adjusted EPS
from Continuing Operations of $.86, excluding
Cash flow from
operations of $565 million for the full year, the
second-highest level ever.
Repurchased 4.1 million
shares during the quarter; net debt remained at
23.7% of net capital.
2010 EPS guidance of
$.75 - 1.15, on sales of $2.9 - 3.3 billion.
Ive never understood
why they put an eraser on a red pencil. In
the first place, those wieldin such an
instrument is supposed ta be lookin for
mistakes, not makin em. But even
more to the point, as a youngster I saw more
than one attempt to erase a red check mark on
a less than perfect paper. I never saw anyone
ever successfully erase a red mark.
Typically, after a futile
attempt, there would be some effort to hide
the mark with a doodle or two, or a random
line meant to cover the obvious.
observations were at the relatively young age
of under 10. Those attemptin to fool
their parents or other classmates hadnt
yet grasp the real art form of hidin
mistakes. One lesson was ta never use a red
This is some fact, but
Just Jake Talkin.
THIS IS A HAMMER
By Samantha Mazzotta
Drives Wedge in Relationship
Q: My boyfriend always strips
screws whenever he tries to screw them into a
stud. He does this with nuts as well, even when
were just tightening them, he insists on
tackling the nut after me and tightens it until
the metal strips away. He tells me that they have
to be on tight, especially when installing heavy
shelves, and that stripping the screws or nuts
just happens sometimes. Is he right? -- Jane T.,
A: Come on! You know
thats not right, especially if hes
stripping every screw in sight. Eventually you
may want to remove or replace some of the items
youve installed on your walls. Has your
boyfriend explained how hes going to
unscrew those stripped screws and nuts?
The No. 1 problem your
boyfriend is probably having is that hes
using the wrong size bit for his screwdriver.
Its too small for the job. The bit should
snugly fit in the grooves of the screw head.
He also should make sure the
pilot holes hes drilling prior to placing
the screws are not too small. Sometimes getting
the correct size is difficult, so both of you
should practice drilling pilot holes and
installing screws on a spare two-by-four.
The thing with stripping the
nuts, however, is almost unforgivable. Im
no psychologist, but theres a real trust
issue going on with this. He thinks youre
not tightening them enough, so he walks up and
demonstrates his manly brawn by stripping all the
corners off a nut.
Again, both of you need to use
the right size wrench for the job. A quality
socket wrench is preferable, and it should slide
snugly around the nut, with no wiggle room.
Tighten it just until you (not your boyfriend)
cannot tighten it anymore. If the connection or
installation remains loose after youve
tightened the nut, then something is wrong with
the connection, not the nut.
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