Break in interest rates coming for savers warn headline
J A Livingston argues savers will soon get a break as rates are poised to rise. New York banks push 3 and 3.5 percent on deposits while the Fed maintains ceilings, and Pennsylvania regulators face pressure amid a national move to raise yields.
MENTIONED IN THIS ARTICLE
J. A. Livingston
You
Savings Bank
Congress
Federal Reserve Board
Secretary of Banking
Pennsylvania
New York City
Dime Savings Bank of
Brooklyn
New York
Earl B. Scawulst
Bowery Savings Bank
Manhattan
United States
Schwalsz
Cleveland
Toledo
Columbus
Memphis
Oklahoma City
Minneapolis
Kansas City
Jacksonville
Chicago
New Orleans
Atlanta
California
Bank of America
Franklin National Bank
Franklin Square
L.L
Savings and Loan
Chaseanhattan Bank
First National
U.S
Treasury
Federal Reserve
Reserve
Robert
Philadelphia
John D. Camp Receives Five Year Service Award
John D. Camp of the City Loan and Savings Co. attended a service award ceremony and 47th firm anniversary in Lima Ohio. Camp received a five year service award with a gold pin set with a diamond for each five years of service amid about 200 employees.
MENTIONED IN THIS ARTICLE
John D. Camp
City Loan and Savings Co
Lima
Ohio
Camp
Ohio fair trade law may not close all discount houses
Ohio's new fair trade law will not close all discount houses when it takes effect next fall. Howard M. Metzenbaum predicts continued court challenges, saying manufacturers price tagging could set retail levels and invite enforcement fights. He notes past Supreme Court rulings and the bill's mid October start, with stamps and trade-in limits emphasized.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
Ohio
Howard M. Metzenbaum
Cleveland
State Supreme Court
Metzenbaum
Painesville
House
Senate
DiSalle
Supreme Court
DiSalte
Interest rate ceilings and bank deposit limits debated
The piece discusses historic and current caps on interest rates for deposits and savings. It notes federal and state regulators set ceilings to curb overbidding and manage competition, while markets show higher yields on bonds and mortgages. It questions lifting ceilings amid fluctuating rates.
MENTIONED IN THIS ARTICLE
Congress
Reserve Board
Savings and Loan Associations
The
Transfers Announced By Gardner and Yoder Engraving
Gardner Diamond Corp. lists three moves in industrial engineering. John Rodish and Roger Moore shift from Gardner Division to Molded Packaging Division as senior and new industrial engineers. Robert D. Jensen joins Gardner as industrial engineer. Rodish, native of Buffalo, grew with Gardner since 1956. Moore, a Miami University graduate, lives in Cincinnati. Jensen, a Cornell graduate, will work in systems and procedures. Promotions at Yoder Engraving Co. name Rudy F. Manuel and R. N. Otterbein as salesmen. Manuel, a Miami University graduate, lives in Oxford. Otterbein, Middletown native, rejoined Yoder in 1957 after time with Diamond Gardner. He resides at 12 Harrison St.
MENTIONED IN THIS ARTICLE
Diamond Gardner Corp
John Rodish
Roger Moore
Gardner
Molded Packaging
Robert D. Jensen
Rodish
Lockland Carton
Buffalo
N.Y
Stevens Ave
Moore
Miami University
Cincinnati
Arnold Dr
Jensen
Cornell University
Rudy FE
Man‘nel
R. N
Nate
Otterbein
Yoder Engraving Co
Manuel
Yoder
Diamond Gardner
Oxford
Middletown
Harrison St
Yvette Ward Named Head Of Brown and Bigelow Firm
The widow of Charlie Ward takes over as president of the Brown and Bigelow calendar firm in St Paul Minnesota. she has long been active in company affairs and in regional fund drives. The 48 year old author and former publisher oversees 63 district offices and leads sales strategy after Ward’s death last May. Ward credits organization and personnel relations for the company’s success and plans continued community efforts and expansion.
MENTIONED IN THIS ARTICLE
Yvette Ward
Brown and Bigelow
St. Paul
Minn
Charles
Leavenworth
Charlie Ward
Ward
Yvette
Charlie
Rival Car Lot Signs Spark Cross Street Feud in San Diego
In San Diego a used car lot labels itself the Poor Man's Friend while a rival across the street counters with signs calling himself Everybody's Friend. The word battle centers on public perception and storefront bragging between competing dealers.
MENTIONED IN THIS ARTICLE
San Diego
Calif
Brown and Bigelow Advertising Novelties Firm Profile
Brown and Bigelow, a firm with a payroll of about 5 000, specializes in advertising novelties designed to help companies and salesmen promote their products.
MENTIONED IN THIS ARTICLE
Brown and Bigelow
Babson predicts strong 1959 crop prospects for a wide range
Roger Babson reports early 1959 crop prospects remain robust across wheat barley oats flax flaxseed corn rice cotton and soybeans with carryover stocks high and government loan activity influencing prices. He cautions diversification to avoid overreliance on a single crop and notes government support could keep prices above current levels.
MENTIONED IN THIS ARTICLE
Babson Park
Mass
Mosf
U. S
CCC
Streifthau Wins First On Display
Streifthau Brothers Inc of Middletown wins first place in a national Frigidaire electric range window display contest. Merle Leeds manages the 1728 Central Ave store. James G Stamper designs the display. James Kartholls earns national recognition for Streifthau's top placement.
MENTIONED IN THIS ARTICLE
Middletown
Frigidaire
General Motors
Streifthau Brothers, Inc
Central Ave
Merle Leeds
C. H. Menge
Dayton
James G. Stamper
Menge
James Kartholls
Streifthau
Machinist Will Retire Monday at Raymond Bay Corp
Ernest Kees, a machinist at Raymond Bay Corp, received a 20 year pin from plant manager Paul Cre tors. His retirement becomes effective Monday after years of serving as acting assistant foreman in the machine shop. He lives at 2132 Winona Dr and has three sons and one daughter.
MENTIONED IN THIS ARTICLE
Ernest Kees
Raymond Bay Corp
Paul Cretors
Kees
Winona Dr
Raymond Bag
Ohio Fiscal Year Tax Collections Hit New High
Ohio sales tax receipts for the year ending June 30 totaled 234,740.88 dollars, a 4.5 percent rise from the prior year’s 224,658,574 dollars. The final nine days brought 12,920,858 dollars, up 31.3 percent from a year ago. Butler, Montgomery, Warren and Preble counties posted notable gains in the fiscal year and final period.
MENTIONED IN THIS ARTICLE
Ohio
Joseph T. Ferguson
Ferguson
Butler County
Butler
Montgomery County
Warren County
Preble County
Tax receipts drop under new sales tax law in 1959 period
Treasurer Ferguson noted a somber tone as the new accounting period began July 1. Prepaid tax receipts totaling 3,333,674 for the period ending July 10, 1959 fell 497,490 or 13 percent from 3,831,164 in the same 1958 period.
MENTIONED IN THIS ARTICLE
Ferguson
Connecticut Abolishes 290 Year County System
The Connecticut legislature, backed by Gov. Ribicoff, votes 144 to 129 to abolish the 290 year old county government system. The move follows a dinner taunt by Republican Edwin H. May Jr. and aims to save about $500,000 annually by centralizing functions in state agencies. Officials must wind up county affairs by Sept. 30, 1940.
MENTIONED IN THIS ARTICLE
New Hawes
Conn
Connecticut
Rhode Island
Abraham Ribicoff
Bailey
Edwin H. May Jr
Congress
Ribicoff
Man Joins Sales Force At Aeronca
Curran W. Harvey Jr. named sales manager of Aeronca Manufacturing Corp Electronics Division in Baltimore. Formerly with Ford Instrument Co. of Sperry Rand, he ran Dayton office serving Air Material Command and Wright Air Development Center. Yale grad and Navy Lt. USNR veteran.
MENTIONED IN THIS ARTICLE
Curran W. Harvey, Jr
Aeronca Manufacturing Corp
Baltimore
C. G. Felix
Harvey
Ford Instrument Co
Sperry Rand Corp
Dayton
Air Material Command
Wright Air Development Center
Papermaking Machine Ordered for Bestwall Gypsum Co
Manchester Machine Co. receives a 600000 order to build a 120 foot cylinder papermaking machine for Bestwall Gypsum Co. of Pryor Oklahoma. The unit will be assembled locally with eight 42 inch vats stainless steel lined and a hydraulic drive. Completion is targeted for January with about ten freight cars needed for shipment.
MENTIONED IN THIS ARTICLE
Manchester Machine Co
Bestwall Gypsum Co
Pryor
Oklo
James D. Boyd
Manchester
Dryor
Also Mentioned on This Page
Business Outlook
Michael V. di Salle
Colum
New York 1
Advertising Council
Newspaper Advertising Executives Association
ST. Paul, Minn
America
Mrs. Ward
Grace Hill
I. Miller Sons, Inc
Margaret F. Carlson
Chartered Life Underwriters
Ellen-Ann Danham
General Foods Corp
Geraldine B. Zorbaugh
American Broadcasting Co
Genevieve Decker
First Federal Savings & Loan Assn
Kiki
Veda
Herbie
Hudson
DR. WM
Evelyn Hanning
UNION
Business Men's Hall
Montgomery
O. S
Sheraton Maryland
Drs
Tony Gerhardt
Bob” Shorte
Joseph Paul
Roger Babson
George Bazan
John M. Bailey
Man
Aeronca
Ford Instrument
Belock Instrument Co
Yale University
Navy
Usnr
ED Sullivan
Kodak
Office Outfitters, Inc
N. Main
Ladd
New York Stock Exchange
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