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Greenville Record Argus Newspaper Archives May 24 1986, Page 2

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Greenville Record Argus (Newspaper) - May 24, 1986, Greenville, Pennsylvania Ill ecord rows so two a Mayjo i m. Raff i 4business station celebrates 10th anniversary by Mary Jae Gar record Argus correspondent a Kres Exxon pfc Ron Center a will be Wyate its 10th anniversary nest thursday Friday and saturday. Located at the inter Strite 79 business Verua Wilma Kress to operate the business after the death of her husband Riel re in Isle late August 1976. She was by her son Dave Jackson Center Gus t a son who is Iii inspection Mechanic another son Rick Fredonia works part time As an inspection Mechanic and driving the wrecker. The Kresses a Seviou Slof berated a station in Renville prior to coming to Jackson Center. Seven dears ago Wilma married Ord Gulley. She said Quot he used to Stop every morning for Gas As he was travelling to Culley is employed at Mercer Industrial trucks Jackson Center. The Fredonia couple has to children and 19 grandchildren Between them and because of the Large family mrs. Culley said Quot we have to when the station opened to years ago regular Gas was 69 cents. Pop from the machine was 25 cents and a pack of cigarettes sold for 65 cents. Mrs. Culley said More people Are having minor repairs done at the station now also people Are keeping their cars longer Canadian friends have been As they have travelled through to Florida each autumn and stopped to say a hello Quot and also stopped in the Spring on their Way Back to Canada every year for the past decade. The station parking lot is used by Pony express bringing a truck _ from Pittsburgh with two vehicles Tiger tails a pictured from the left Are familiar faces at Kress Exxon Fred Adams an employee from Jackson Center Ilma k Wil Kress Culley. Owner meeting it and continuing on to destinations in Erie and Warren a. Puro Lator courier also uses the lot As a meeting place coming from Pittsburgh where delivery then continues to Erie and on North. Mrs. Culley describes the area As a Central meeting place Between the Southern and Northern parts of Western Pennsylvania. One family travelling through to Buffalo new York four times a year stops because the children in the car have grown accustomed to the lollipops that mrs. Culley gives them and look Forward to Stopp any familiar faces have Stop % operator Dave Kress mrs. Culley s son and a. Inspection Mechanic and Ord Culley mrs. Culley a husband. Mrs. Culley and Dave Kress Are displaying the Ped at the station including Franco Harris former Pittsburgh Steeler Larry Brown and Robin Cole also of the Steeles and Tommy Cash country Singer. Even the Large mukaled vans housing the dressing rooms used for a Robert Redford movie being in Buffalo new York. Were seen in the parking lot As was a horse that mrs. Culley called a Beautiful who was being used in a motion picture although she had forgotten the name of the movie. There Are seven part time employees at the station and two persons employed full time. The station is a aaa member offers 24-hour wrecker service and has Tiger tails they will give away during their loth anniversary Celebration. It record Argus photo by Mary Jane Egger tire repair along with state inspection service and repairs. Mrs. Dilley is in charge of the landscaping and enjoys caring for the colourful Flowers. During the the three Day Celebration a special will be featured on grease Oil and filter pop and hot dogs. There will be a door prize and Many appreciation gifts. Tiger tails will be Given out with each Gas fill up mrs. Culley said the tails were a familiar Novelty several years ago when the How Exxon company was called Esso. The slogan accompanying the Esso gasoline was put a Tiger in your credit seminar slated in Meadville Northwest Pennsylvania regional planning and development commission and Philadelphia National Bank will sponsor a letter of credit seminar june 5 from 8 30 . To 4 30 pm. At the David Mead inn Meadville. The . Department of Commerce International Trade administration Pennsylvania department of Commerce Bureau of Domestic and International Commerce Meadville area Industrial development commission and Meadville redevelopment authority Are co sponsoring the event. The seminar will review International methods of payment types of letters of credit in securing payment will be Tea and common documentary requirements. Avoiding problems in Securi emphasize Robert g. Walton vice president and John Ferro vice president of Philadelphia National Bank who lecture frequently on International Trade throughout the Atlantic area Are the featured speakers. Call the Northwest planning commission at 814-437-3024, monday through Friday Between 9 . And 5 . To Register for the seminar the seminar costs $20 per person which includes lunch Breaks and materials. Registrations must be in by june 3. Manufacturers rep Baller joins Jap co John g. Baller has been appointed As Al manufacturers representative for Jamestown paint amp varnish c o rep any Jap co Jamestown Pennsylvania. Baller As a manufacturers representative Baller will be Selling Jamestown paint amp varnish company a specialized custom formulated coatings for Industry. These coatings Are Epa compliant and include water based and High solids formulas. Bailer s new territory As a Jap co representative covers new England Eastern new York and All of new Jersey. Baller comes to Jamestown paint amp varnish company from Sherwin Williams where he spent the last nine years As a chemical coatings technical representative. Baller was bom in Budapest. Hungary where he attended tool and die school. In the United states he has studied business and coatings technology. He has 22 years experience in the finishing Industry and 13 years in Wood a member of the society of mechanical engineers associates for products finishing group he is presently co chairman of an Effort to establish a new England chapter of the chemical coaters association. Baller and his family reside in Wappinger Falls new York. Jap co founded in 1885, custom designs coatings for a wide variety of industries and specializes in a compliant coatings Ety up Penna corp reports income Titusville Penna corp of Titusville has reported net income of $7,713,000 for the first Quarter of 1986, compared to $3,957,900 for the same period last year. On a per share basis net income on Stock increased 44.3 percent from $.61 to $.88 for the first Quarter of 1985. Earnings for the first Quarter a 1986 include the results of operation of Gallatin National Bank which became a subsidiary of the corporation on dec. 31,1985 net income increased primarily As a result of an increase in net interest income and in net securities gains. Dividends paid to shareholders increased to $.30 per share in the first Quarter from $.25 per snare during the same period last year. This increase reflects the Board of director s approval in january. 1966 of an increase in its quarterly dividend rate. Toe quarterly dividend rate had been $.275 per share since sept. 1,1985 return on average assets was 1.03 percent compared to .86 percent for the first three months of 1986 and 1985, respectively while return on average equity was 15 44 percent from 12.05 percent Tor the first quarters of those years. Pennan corp a total assets at March 31 were $3.07 billion up 62.6 percent from $1.89 billion one year ago. Total assets at the end of the first Quarter reflect assets acquired from Gnu corporation. Total Loans at the end of the first Quarter were $1.47 billion compared to $896.3 million one year ago a 63.8 percent increase. William f. Roemer president and chief executive officer of Penna corp noted Quot Over the past year we have experienced Strong loan growth As a result of an increase in consumer loan demand. We Hope to see similar growth in future quarters As the downward trend in interest rates continues. We Are naturally pleased to see such significant loan growth but More important we Are particularly proud of the Quality of our Overall loan portfolio. The corporation s ratio of non performing assets to Loans which was .66 percent at the end of the first Quarter of 1986 and .77 percent at March 31, 1985, is certainly favourable when compared to other companies of similar size and operations. For the Quarter ended March 31, the corporations primary capital ratio was 7.34 percent and its equity to assets ratio was 6.70 percent. These ratios which have decreased slightly since March 31, 1885 As a result of the corporations acquisitions that year Are evidence of Pennan corp a Strong capital position. The Book value of the corporations common Stock was $23.51 at the end of the first Quarter compared to $20 62 one year ago. When adjusted for pre tax appreciation in its marketable equity securities portfolio the corporation s Book value was $38.04 and $30 83 at March 31, 1986 and 1985, respectively. The Market value of Pennan corp a common Stock increased 96.9 percent to $47.75 at March 31,1986. Consolidation bringing financial benefits a major objective of the consolidation of the two Meadville hospitals into Meadville medical Center a to contain costs through the elimination of unnecessary duplication of equipment and services a has been realized. A More than $2 million will be saved this year Quot reports Anthony Defail chief executive officer of the medical Center. Quot these savings have been possible through decreased staffing needs elimination of the need for duplicated equipment and the ability to negotiate better prices for utilities and supplies. A since consolidation it has been possible to decrease the Hospital staff by 36 full time equivalents. Tvs has been accomplished through attrition. Based on the average hourly wage the savings will be $861,000 per year. Additional staff reductions through attrition will be Ible in the near future Lause of the proposed consolidation of the obstetrics surgical departments and emergency departments. Quot being a larger institution Quot Defail said a puts us in a position of being tax seminar to be june 11 a Small business tax seminar cosponsored by the internal Revenue service the Small business Center of. And business administration is planned from to . To 4 . On june la in room 104 of Cannon s Zurn science enter 144 West 7th St. Erie. The workshop will provide up to Date info vice me Small bus development Cente Cannon University the . Small bus mation on Federal business taxes and the preparation of business tax returns. Information on effective record keeping and accounting procedures will be included in a the discussion. It 9 the fee is $10 and the seminar will be limited to the first too paid registrations. To Register Call 814 871-7714. Able to negotiate better prices for supplies and Energy costs savings for utilities alone will amount to at least $100,000 per year and we Are realizing a savings of $118,500 on contracts for i v. Supplies xray film and dietary supplies. Also inventories will be reduced Over the next year since there is no need for duplication. This will save approximately $200,000. A was consolidation progresses we will continue to review other areas to determine where further Cost savings will be possible a a Zeka buys Lite House Pennsylvania liquor control Board recently approved the Transfer of a liquor License in Sharon. The License of Phillip and Janice Berger doing business As Lite House 971 division St., was transferred to James Zeka same address. The business will now be called Zekas Lite House. Memorial weekend Sale saturday 9 . To 5 . Sunday 12 . To 4 . Monday memorial Day 10 . To 2 . 1.99 2.99 i infant amp toddler play Wear 1.66 3.99 infant s amp toddler s fops amp Bottoms 18.99 men s Levi jeans 13.99 men s Plain pocket jeans 25% off boys Plain pocket jeans 13.99 boys 8 to 14 Levi jeans 15.99 boys prep size Levi jeans 3/5.99 men s Cotton poly briefs 4.99 9.99 or. Women s shorts amp tops 25% 50% off women s handbags smart values at a Pennev 2.99 support panty Hose 3.49 support panty Hose Queen 99 Nylon bikinis 9.99 embroidered Waltz length gown n q a in business As soc b cup and save a Greenville regional Hospital Good life wellness programs june 1986 a outpatient diabetic education Quot june 2. 4. Ii 16. 18 9 am toll ., Greenville regional Hospital five week course designed to help diabetics and family members better understand and control living with diabetes. There is no fee. Limit 16. Preregistration required. Registration deadline May 28. A stress management Quot june 3 june to 7 . Greenville regional Hospital a two part series dealing with identifying stresses and reducing their effects. Relaxation techniques Are practice. There is a fee. Limit 20. Preregistration required registration deadline May 30. A skin cancer Quot june 4 7 ., Greenville regional Hospital speaker Aiman n. Daghestani m d., oncologist. Discussion will Center on signs and symptoms of skin cancer and possible causes such As prolonged exposure to the Sun and the possible effect of tanning Beds. Limit 40. Preregistration required. Registration deadline june 2. A Greenville Arba coronary Clor Quot june 4 2 ., Greenville regional Hospital a new methods por diagnosing vascular diseases Quot june 4 2 30 ., Brookfield family Core Center Brookfield Ohio speaker James j. Kolenich m.d., general and vascular surgeon. Discussion will cover peripheral vascular diseases and the newest diagnostic modalities. Limit 35. Pre registration required. Registration deadline june 2. A Lookin Good Quot june 5. 12. 19 7 . To 8 ., Greenville regional Hospital a three week program designed to provide participants with information and guidance for successful weight reduction and control. There is a fee free to school students. Limit 16. Pre registration required. Registration deadline june 4. A a new drown bus and Sisters Quot sibling prenatal classes june 8 2 . To 4 ., Greenville regional Hospital a special two hour class for Brothers and Sisters 3 to to years old. Limit 12. Pre registration required. Recommended after Mother s seventh month of pregnancy. Registration deadline. June 5. A Mercer county chapter american Diar Tbs association Quot june 9 7 ., Greenville regional Hospital a preparer Childr Iron classes Quot june 11, 18.25. 7 ., Greenville regional Hospital a three part series teaching exercise Crel breathing techniques for labor Ond delivery. Attendance Sis Jav with of pregnancy recommended. Registration forms physician offices. There is a fee. Limit 14. Pre registration required. Registration deadline. June 8. A super Sitter Quot june la r 8 30 . To 11 30 ., Greenville regional Hospital designed to prepare Teenier babysitting responsibility. Topics include role of Babysitter Home safety emergency first Aid and snacks. Recommended. For Ages 12 to 16. Limit 24. Pre registration required. Registration deadline a june 6. A facts Ini tre medical and surgical management of coronary artery disease Quot june 16 7 ., Greenville regional Hospital speaker pro deep Kumar m.d., internal Medicine. Limit 75. Pre registration required. Registration deadline june 13. A breastfeeding classes Quot june 19 7 ., Greenville regional Hospital discussion of breastfeeding techniques. Attendance after sixth month of pregnancy recommended. Limit 16. Pre registration required. Registration a deadline june 16. A grandparents prenatal class Quot june 19 7 ., Greenville regional Hospital focuses on a family entered approach to childbirth. There is no fee. Limit 30. Pre registration required. Registration deadline june 16. A Mercer county ostomy chapter Quot june 22 a 2 30 ., Greenville regional Hospital registration required for Al programs. Registration limited for some programs. For further information or to Register Cal the Greenville regional Hospital s education department at 412-588-2100, Extension 2290, monday through Friday 8 . To 4 . A clip and save a

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