Bates Company Earnings Show Heavy Decrease
Bates Mig Co reports 1961 net earnings of 565,398, with 85,759 from non recurring items, down from 1,051,512 in 1969. Earnings per share stand at 33 cents after obligations, versus 9 cents prior year. sales totaled 35,065,088, slightly up from 35,818,507. Goldsmith cites rising costs, import pressures, and modernization investments in Maine, including new machinery, the Wedgewood Cameo bed spread, refined national advertising, and added sales staff.
MENTIONED IN THIS ARTICLE
Lewiston
Bates Mig. Co
A. Phillip Goldsmith
Nonone Ratin Guess
Bates
Maine
Progress noted on Pace One project funding and park plans
Pace One continues work on a $20,000 avenue project with acknowledgment of Lyn-Flex for the Saco Industrial park. Credit is given to Hugh Marshall and several organizations including MIBA DED Saco-Lowell Boston & Maine and local banks. An open house at the Saco Industrial park is planned, with sites at the Lyn-Flex building and Northeast gas, as officers elected during the meeting.
MENTIONED IN THIS ARTICLE
Pace
Cote
Saco
Hugh Marshall
Area
Miba Ded
Saco - Lowell
Boston & Maine
Biddeford Savings Institution
Canal National Bank
Lyn- Flex
Northeast Gas
Corporate officers and directors named in local finances report
The article lists Cote as president Nicholas P Scontras vice president Clif ford A Purvis treasurer Eliot M Fink assistant treasurer and Atty Charles W Smith clerk Directors include Lloyd M Anderson Thomas Armstrong Peter Boucouvalos Bernard C Brown G Robert Butler Charles R Cote Charles W Fenderson Eliot M Fink Harry P Garland Leon H Libby Clifford Purvis Ir Frank Reed Nicholas P Scon tras and Atty Charles W Smith Robert C Spears The financial report shows assets cash on hand 24 80 accounts receivable 17500 loans receivable 850 roads 52290 land 40710 easement 2000 topographical map survey 2000 total 115375 70 liabilities accounts payable 24277 19 notes payable 5000 capital stock outstanding 68160 paid in surplus 5 earnings retained 17933 51 total 115375 70 If you frost many cakes equip your kitchen with a long wide spatula to spread easily.
MENTIONED IN THIS ARTICLE
Ing
Cote
Nicholas P. Scontras
Clifford A. Purvis
Eliot M. Fink
Charles W. Smith
Lloyd M. Anderson
Thomas Armstrong
Peter Boucouvalos
Bernard C Brown
G. Robert Butler
Charles R. Cote
Charles W. Fenderson
Harry P. Garland
Leon H. Libby
Clifford Purvis
Frank Reed
Eagles Backing National Project of Jobs Over 40
A $25 donation to the American Camp Society Maine division was voted by Biddeford Saco Aerie Fraternal Order of Eagles at Birch street. The group also backed the National Eagles aerie Over 40 project with a transcript from leader Joffre Remillard. Remillard urged faith in workers over 40, citing astronaut John Glenn as precedent. In other business, Easter ball reservations were highlighted for April 21 at the aerie hall. A class initiation is planned next Wednesday at 8 pm with a buffet lunch by Joseph Larose. Officer nominations are set for April 25, with elections May 2 and installation June 6. Plans to honor past worthy presidents are underway for May 12. Remillard praised attendees at the Past State Presidents banquet and ball in Lewiston. A prize was awarded to Frederic E. Whelan. Assigned Maine L/Cpl. Robert R. Bowden, son of Mr. and Mrs. Everett Bowden, completed six weeks at the State Department School in Arlington, Va., then to Manila for a two-year tour. Bowden, a 1960 Thornton Academy graduate, entered the Maine Corps in 1960. Tizian letterhead cited as an outrageous overcharge. testing work valued at about $500.
MENTIONED IN THIS ARTICLE
American Camp Society
Maine
Biddeford-Saco Aerie
Order of Eagles
Birch Street
Bidnou
National Eagles Aerie
National Eagles
Joffre O. Remillard
U.S
John A. Glenn
Robert Cartier
Entertainment
Aerie Hall
Aerie
Joseph (Bull) Larose
Bildeford-Saco Aerie
Remillard
Dirigo Aerie
Lewiston
Frederic E. Whelan
Robert R. Bowden
Everett Bowden
Buxton Road
Saco
State Department
Maine Security Guards
Arlington
Manila
Philippine Islands
Bowden
Maine Corps
Thornton Academy
Boston Graft Probe Shifts To New York Events
Massachusetts Attorney General McCormack expands graft inquiry on Boston Common underground garage to New York meetings with District Attorney Hogan. Agents plan talks with New Hampshire AG Maynard while tracing a $145,000 finder’s fee and consultant payments to Muzillo & Tizian now Tizian Associates.
MENTIONED IN THIS ARTICLE
Boston
Edward J. McCormack Jr
Boston Common
New York
Robert DeGiacomo
K. Edward Schofield
Frank S. Hogan
Tizian
Muzzillo
Kiernan
Muzzillo & Tizian
Everett National Bank
McCormack
Everett
Abraham Levenson
Attorney General's Office
Also Mentioned on This Page
Bates Company
Eraings
Rics S
Daroff
Sturditwist Suits
Hart Schaffner & Marx
Clothcraft Harris Tweeds
Worumbo
Barron Anderson
Ralph Raymond
Maiden
Mass
Lois Elizabeth
David Gauvreau
George Gauvreau
Somerville
Miss Raymond
Earle W. Tarbox
Boomroad
Cambridge School of Business
Gauvreau
Bentley College of Accounting and Finance
Eagles
Bonnie
A&p
Sultana
Nestle
Ann Page
Baby Ruth
Jane Parker
Mae
Zion
Ginger
New
Main Street
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