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Newspaper
Jefferson Jimplecute
Location
Jefferson, Texas, United States of America
Date
Apr 25, 1963
Page
3
The museum's three day event features a 150 year old loom threaded for visitors. More than 2,000 early Jefferson items include Civil War family letters, an 1848 Texas map, and 10 family Bibles with records. Kelly Foundries products expand collection. a 100 year old folding telescope fly rod is on display. Admission is 50 cents.
Lone Star Steel President George A. Wise voices cautious optimism after the first quarter 1963 preliminary figures indicate cost reductions and efficiency gains may allow a net profit despite low activity. The 1962 annual report shows a per share after tax loss due to high costs and weak sales amid foreign competition and a downturn in oil and gas demand.
Lone Star Steel Company announced a realignment of divisional responsibilities that led to the termination of 24 plant employees at its main facility. President George A. Wilson said those laid off would receive extended salary and insurance benefits, with most terminations based on service records.
A brief note highlights a wash and dry service offered in a cool clean environment with air conditioned comfort for customers seeking a comfortable chores experience.
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