Fund Approved To Attract Industry In Wichita Falls
About 100 businessmen unanimously approved a $1 million three year fund to diversify Wichita Falls economy. The Arrowhead Industrial District will cover 150 acres north of downtown, with 100 plants averaging 40 employees and a $16 million payroll. Oil earnings total $195 million and Sheppard Air Force Base adds $50 million. Initial work is underway with one building materials firm in Arrowhead.
MENTIONED IN THIS ARTICLE
Wichita Falls
Arrowhead
The
Foundation
Sheppard Air Force Base
North Texas
Advertisers Push Seasonal Food and Personal Care Brands
A Valley ad column highlights Comstock Foods Pie Fillings and Star-Kist Tuna coupons, with endorsements from W C Cline and Doyle Hawley. Wilson and Company promotes Ideal Dog Food with government inspection seals, while Lipton introduces Golden Ladle Spaghetti Sauce offers. Helena Rubinstein unveils Ultra Feminine cream sale and Young Touch lotion, with reps Blaine Hess and E L Billingsley. Playtex Girdles emphasize slim, comfortable lines via International Latex Corp, represented by B I Green.
Foundations' tax free incomes studied by Congress
Findings forwarded show charitable foundations earned over 7 billion untaxed from 1951 to 1960 with assets about 10 billion and 1.34 billion income in 1960. Rep. Patman warns foundations may dominate American life without controls and notes Texas donors such as M D Anderson and Moody Foundation listed with multi‑million totals.
MENTIONED IN THIS ARTICLE
Charles N. Eischen
Avalanche-Journal
Washington Bureau
Washington
America
Wright Patman
D-Tex
House Select Committee On
Treasury
Patman
House
Senate
White House
Texas
M. D. Anderson
Houston
Amon G. Carter Foundation
Fort Worth
Clayton Foundation For Research
The
Cullen Foundation
Hobitzelle Foundation
Dallas
Houston Endowment, Inc
Moody Foundation
Galveston
Robert A. Welch Foundation
Congressman Pushes U.S. Metric System Adoption
Representative George P. Miller proposes a three year National Bureau of Standards study to gauge moving the United States to the metric system. He notes potential industry retooling and widespread use already creeping in, with medicines, military gear, and products bearing metric measures.
MENTIONED IN THIS ARTICLE
John Beckler
Washington
George P. Miller
D-Calif
Miller
House Science and Astronautics Committee
United States
Britain
Pharmaceutical
U. S
Thomas Jefferson
Jefferson
SBA To Discuss Business Loans
Small Business Administration loans to local development companies will be discussed at 2 p.m. Friday at the SBA branch office. Jack Teddlie invited representatives of communities to attend. West announced federal loans have funded 14,000 jobs in 228 communities nationwide. The SBA can lend up to 350000 per project with no limit on number of loans to a company. Loans run 25 years at 514 percent, or 4 percent in areas of high unemployment.
MENTIONED IN THIS ARTICLE
Small Business Administration
SBA
Jack Teddlie
America
Robert E. West
Dallas
Electric wiring contract awarded at Reese AFB
Rowan and Wallace Electric of 2512 Texas Ave. won a $54,485 base contract for electrical wiring in field maintenance hangars and shops at Reese Air Force Base. Bids were opened by the base procurement officer after eight concerns were solicited.
MENTIONED IN THIS ARTICLE
Rowan and Wallace Electric
Texas Ave
Reese Air Force Base
Reese
Award Won by Chester Sullivan at Taylor Publishing Seminar
Chester Sullivan of Lubbock received a special sales award at Taylor Publishing Co. annual seminar in Dallas. He earned the 64 for GH award, presented to top reps who sold 1964 contracts. he was among about two percent of recipients.
MENTIONED IN THIS ARTICLE
Chester Sullivan
Lubbock
Taylor Publishing Co
Dalas
Sullivan
Brute
Enrollment Up In U S Schools
The Census Bureau reports total enrollment in U S schools and colleges reached 48.7 million in fall 1962, up 2.1 percent from the prior year. Growth slows as declines in age groups 7–13 and 25–34 temper the rate. kindergarten 2.3 million, elementary 32.9 million, high school 11.5 million, and college 4.2 million students.
MENTIONED IN THIS ARTICLE
Washington
UPI
Census Bureau
U.S
Business Notes From Page One and Key Appointments
J Truman Bidwell, former NYSE chairman, was acquitted of income tax evasion. Frank N Ikard, ex Texas congressman, named president of the American Petroleum Institute succeeding the late Frank M Porter. Hickman Price Jr resigned as assistant secretary of commerce to become chairman of International Products Corp a firm with meat fruit and land interests in Paraguay.
MENTIONED IN THIS ARTICLE
J. Truman Bidwell
New York Stock Exchange
Frank N. Ikard
Texas
American Petroleum Institute
Frank M. Porter
Hickman Price Jr
International Products Corp
Paraguay
Also Mentioned on This Page
Wichita Falls Industrial Foundation, Inc
Hockenburg System
Harrisburg
U.S. Weather Bureau
Bor
Revi
Ohio
Tennessee
Appalachians
Great Lakes
Mississippi Valley
Rocky Mountain
Great Plains
Florida
Rockies
Iqieoe
Lubbock Avalanche-Journal
Plesale
South Plains
Comstock Foods, Inc
Comstock
Avalanche Journal
W. C
Dub) Cline
Rodman-Hornburg Brokerage Company
Star-Kist Foods, Inc
Star-Kist
Doyle Hawley
Oliver-Taylor Company
Eddie Kruse
E. L Billingsley
Thomas J. Lipton, Inc
Blaine Hess
Hess
Helena Rubinstein, Inc
Helena Rubinstein
B. I
Roy) Green
Cline
Hawley
Kruse
Billingsley
Congressman
Jim Clarke
Sharon Sue Davis
35Th St
Roy Dunn
45Th St
Gibson Plumbing
Pioneer Natural Gas
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