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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Apr 20, 1960
Page
13
Merchants report Easter sales ahead of 1959 as lingering snow melts. Consumers show spending but wary outlook for manufacturing gains due to hand to mouth inventories and cautious demand. Mentions May 8 Mother’s Day and June Father’s Day as upcoming driving events.
A Chicago wig maker Max Roeder died after an elevator shaft fall. An inventory shows a fortune of more than 365000 dollars including 266000 in stocks 40450 cash 53650 bank deposits 5000 bonds jewelry 335 shares and two real estate parcels. He left no known heirs though a sister in Switzerland is being checked. If none are found Cook County may inherit.
Report notes a plan to mobilize about 15,000 frecrackers for an event or project named Josephine, indicating a large scale effort and anticipated impact.
The piece argues consumer opposition to a federal installment buying bill is muddled as many are also lenders and traders. It cites that current practices may already inform customers about credit costs and explains how misleading interest calculations can inflate true costs, using a Brookings bank example.
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