Pension Funds Power and Myths Debunked by Sylvia Porter
Porter counters three long circulating rumors about union pension funds. She notes union assets totaled 1.6 billion in 1960 covering over three million workers, argues funds influence markets little in short term, and shows pension saving boosts overall saving rates. The study cited is the 43rd annual NBER report led by Roger F. Murray forecasting rapid growth to 39.8 million covered by 1970 and 48.7 million by 1980 with assets rising to 319.3 billion by 1980.
MENTIONED IN THIS ARTICLE
Pension Fund
National Bureau of Economic Research
Roger F. Murray
Columbia University
Graduate School of Business
Murray
Fisherman of the petrified lake digs fossils with hammer and pick
In Verona, Italy Massimiliano Cerato fishes a fossil lake with hammer, pick, and miner’s lamp. The Bolea pool yields fossils from the Eocene era, including 200 fish types, 80 plant species, 100 mollusk varieties, and a six foot crocodile. Museums buy the finds.
MENTIONED IN THIS ARTICLE
Verona
Italy
Massimiliano Cerato
Mediterranean
Europe
Alps
Massimiliano
Monte Postale
Valleecco
Val d’Alpone
Stone Lake
Bolea
Uncle Ray Explains How Sunshine Feeds Plants
In simple terms Uncle Ray describes how sunlight drives photosynthesis using carbon dioxide to create sugars and other foods in plants. He notes plants release oxygen, support life for animals, and even sustain underwater life with sunlit photosynthesis. He also offers a free illustrated leaflet titled Provinces of Canada.
MENTIONED IN THIS ARTICLE
Animal Kingdom
Provinces of Canada
Uncle Ray
Publishers Newspaper Syndicate
Someday They May Go To Church
In Xenia Ohio a Methodist pastor led a brief 15 minute meditation during Sunday drag races for four weeks. Rev Conrad Diehm said the aim was to spark religious interest among attendees, possibly drawing someone back to church.
MENTIONED IN THIS ARTICLE
Xenia
Ohio
Conrad Diehm
First Methodist Church
Motor Vehicle Death Rates Vary by Region in 1959 60
A study by life insurance statisticians notes Nevada and six Mountain Division states show the highest motor vehicle death rates in 1959 60. Nevada 50.1 per 100 000 leads. Rhode Island 9.4 and New York 13.5 are among the lowest. Trends from 1949 50 to 1959 60 show declines mainly in the Northeast and Midwest with increases in the Deep South and Midwest.
MENTIONED IN THIS ARTICLE
New York
N.Y
Nevada
Mountain Division
Wyoming
New Mexico
Montana
Arizona
Idaho
Rhode Island
Connecticut
Massachusetts
New Jersey
Virginia
West Virginia
Wisconsin
Illinois
West
Midwest
Deep South
Three Ministers Named Smith Lead Nearby EUB Churches
In Massillon Ohio three ministers named Smith from the same denomination serve churches within five miles. Rev Samuel W Smith pastors Massillon Evangelical United Brethren Church. His nephew Rev Herbert L Smith leads Foh Memorial EUB in Navarre. Unrelated Rev Guy E Smith pastors Otterbein Shepherd EUB at Navarre and Grove EUB at North Industry.
MENTIONED IN THIS ARTICLE
Massillon, Ohio
Smith
Samuel W. Smith
Massillon
Richmond to Replace Stamp Windows with Multipurpose Counters
A Richmond postal spokesman says the bronze barred stamp window era ends as four windows remain only in the main post office. The change to multipurpose counters could save about $10 000 yearly, while veteran workers feel nostalgic for the old stamp windows.
MENTIONED IN THIS ARTICLE
Richmond, Va
Richmond
Traffic fatalities drop in states and nationwide
A fragment notes Kansas and 28 percent in Louisiana among drivers and pedestrians at low levels while one fifth in Washington and Kentucky are mentioned. four of every five fatalities involve a statistician's remark.
MENTIONED IN THIS ARTICLE
Kansas
Louisi
United States
Drivana
Washington
Kentucky
Also Mentioned on This Page
J. R. Williams
By Sylvia Porter
Hall Syndicate, Inc
SIN Petrified Lake
Uncle Ray’s
Rev. Smith
Delco
Sumner Street
Parkersburg
South Fourth ST
Westinghouse Refrigerators
LOU A Sale
Westinghouse
CLARK
DIAL
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