Hammermill Union Ratifies One-Year Labor Pact
Hammermill maintenance and production workers ratified a one-year labor agreement with a $500,000 wage and benefits increase. The deal, announced by Ralph E. Johnson and Albert Frazzini, provides a 4 cent across the board raise, special job class adjustments, a liberalized insurance program, and a new pension plan. The pension pays $250 per year of service to a maximum of 30 years, funded by the company, and is in addition to social security. The contract retroactive to June 1 covers about 1,850 workers and runs through June 1, 1960, with over 600 attendees at ratification meetings at East High and a vote exceeding 90 percent in favor.
MENTIONED IN THIS ARTICLE
Stu — Hammermill
Ralph E. Johnson
Hammermill
Albert Frazaini
Erier
United Papermakers and Paperworkers
Afl-Cio
Frazzini
East High
Korean War Bonus Set to Pay Veterans in Fall
Pennsylvania veterans eligible for the Korean War bonus may start receiving payments by autumn with early fall target. Gov's office prioritizes payouts as Edward F. Ryan appointed Korean War Bonus Bureau director, earning $9 011 annually. About 400000 veterans may receive $20 to $500, funded by a one cent cigarette tax and a $180 million bond issue. Univac will speed payments and 60 staff hired. Treasurer Kent awaits governor on bond sale timing for market benefits.
MENTIONED IN THIS ARTICLE
Harnisounar
Robert A. Christie
Christie
Edward F. Ryan
Lewisberry
York County
Ryan
Pennsylvania
Univac
Robert F. Kent
15 Die in Pa Accidents in weekend tally
A scoop from Associated Press reports that at least 15 people died in Pennsylvania over the weekend. Eight highway crashes, two drownings, two falls, and a tractor crush claimed lives. Two women died in freak accidents, including a porch mower blade injury and a shooting at a show involving a boy with a prop rifle.
MENTIONED IN THIS ARTICLE
Associated Press
Pennsylvania
Baressi Urges Vets To Check On Discharges
Corry area veterans of the Korean conflict are urged to ensure their discharge documents accompany applications for a November or December Pennsylvania Korean bonus. BAressi notes that lost or mutilated papers require substitute evidence. veterans should seek VFW service officer guidance to avoid delays. A separate fatality report from Hamilton, Missouri notes Gwenith Stetina, 25, died after fainting from a midget race car ride.
MENTIONED IN THIS ARTICLE
Pennsylvania
J. Baressi
Corry
Baressi
VFW
Hamilton
Gwenith Stetina
Babson's Ten Commandments for Small Investors
Babson Park Mass Roger W Babson outlines ten cautious guidelines for small investors. He advises first buying stock in the best local bank, building ties with the bank leadership, considering home investment over life insurance in long spans, choosing well diversified NYSE stocks, avoiding major labor disruption, safeguarding certificates in bank vaults, exercising patience, relying on published manuals, favoring income and growth via utilities, valuing land and natural resources, and trusting management over fashion. He stresses buying in fear, not crowd psychology, and warns against margin purchases as risky.
MENTIONED IN THIS ARTICLE
Roger W. Babson
Babson Park
Mass
Motor Burns Nab Car Thief
SUTLER AR police captured Victor E. McBride of Clintonville after a high speed chase ended when the stolen auto’s motor burned out. McBride, 2 years old in local terms, faces charges of stealing at least five autos and two armed robbery counts. He had reportedly been released from Camp Hill Reformatory on a motor larceny charge.
MENTIONED IN THIS ARTICLE
Sutler
Clifford Yahner
Butler State Police
Victor E. McBride
Clintonville
McBride
Camp Hill Reformatory
Civil War Veteran Williams Given Five Star Honor
Walter Williams, the last Confederate veteran, received an honorary five star general commission from a group calling itself the Confederate High Command at his Houston bedside. The ceremony, led by executive commissioner Donald A. Ramsey of St. Petersburg, Fla., occurred as Williams, described by his doctor as chilly, dozed after a nip of whisky.
MENTIONED IN THIS ARTICLE
Houston
Tex
Walter Willams
Confederate High Command
Donald A. Ramsey
St. Petersburg
Fla
Williams
Retired Generals Eyes Jobs in Military Industry Scrutiny
Washington report notes House Armed Services subcommittee led by Rep. Hebert will open hearings around July on retired generals or admirals taking high paying posts with firms selling military equipment. The piece contrasts legitimate work from influence peddling, cites Nye’s earlier probes, and discusses rights to earnings post retirement amid expanding defense production.
MENTIONED IN THIS ARTICLE
Washington
Congress
House
Armed Services
F. Edward Hebert
D-La
Pentagon
Hebert
Survey Stalls Airport Master Plan Development
A survey of Lawrence Airport main use and surrounding areas must be completed before the airport authority advances its master plan for field development. Authority president Clarence Wallaee said initial groundwork occurred last month, with a surveyor soon to determine the field’s exact boundaries as spring traffic rises. The Hebert investigation will probe roles of retired officers firms dealing with the government and how military equipment makers influence defense purchases. Eisenhower noted some non military factors influence decisions.
MENTIONED IN THIS ARTICLE
Lawrence
Sd- Javent
Airport Authority
Clarence Wallaee
Authority
Hebert
Eisenhower
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