Metals Rise Sets Stage For Inflation In New Round
Price hikes in aluminum and steel lift inflation fears as the week’s business data show rising costs for automakers and appliances. Despite higher mill prices, broad retail price rises may lag. Post Office rates, social security boosts, and a higher debt limit add to fiscal inflation signals amid mixed corporate earnings.
MENTIONED IN THIS ARTICLE
Walter Breede JR
New York
Post Office
U. S. House of Representatives
Uncle Sam
Treasury
Anderson
Air conditioning boosts cooling system care for motorists
Detroit report notes growing use of car air conditioning with about 400,000 installations last year and potential rise to 15 percent of new cars by 1960. Dow Chemical engineer Harry W. Loper warns added load on cooling systems, urges checks on pressure cap, fan, belts, water pump, radiator hoses, thermostat, and proper coolant to prevent overheating.
MENTIONED IN THIS ARTICLE
Detroit
U.S
Harry W. Loper
Dow Chemical Co
Lopez
Carey Sales Down 6.5 Percent in First Half 1958
Philip Carey Co. reports six month sales of 30 226 997 down from 32 325 168 in 1957. Net earnings fell to 603 547 from 1 113 889 due to a strike at Lockland plant and lower asphalt roofing prices though June figures show a favorable trend compared with June 1957.
MENTIONED IN THIS ARTICLE
R. S. King
Philip Carey Co
Lockland
Philip Carey
King
Insurance premiums paid by motor vehicle owners rise
Insurance premiums paid by motor vehicle owners in the United States exceed three billion six hundred million dollars annually.
MENTIONED IN THIS ARTICLE
United States
Overseas Aid Programs Reach Afflicted Children Worldwide
Five children crowd into a bed sized for one as millions of youngsters live in hovels after fleeing oppression. The message urges continued gifts to Overseas Aid Programs of America faiths to combat mental and physical hunger, noting even a dollar helps. Catholic Bishops' Clothing Collection United Jewish Appeal.
MENTIONED IN THIS ARTICLE
America
Roger Babson Sees Record U.S. Farm Crops This Year
Babson Park Mass expert predicts 1958 crop output will match or exceed all prior years with record winter wheat 1.13 billion bushels and large barley rye hay sugar beets and rice crops. He notes corn and soybean prospects remain strong despite weather risks and warns on ongoing farm economic challenges.
MENTIONED IN THIS ARTICLE
Babson Park
Mass
U.S
Ohio Tax Receipts Still Down
State Treasurer Roger W. Tracy reports Ohio sales tax receipts lag the year before with $2,758,260 in the week ending July 19 1958 a drop of $515 598 or 18.24 percent. Some counties show gains Montgomery and Warren while Butler Preble fall behind.
MENTIONED IN THIS ARTICLE
Ohio
Roger W. Tracy
Warren
Montgomery
Montgomery County
Butler
Dobrozsi Among Monarch Life Top Producers
Frank Dobrozsi, a local representative of Monarch Life Insurance Co., ranked among the companys top 100 producers for the first half of 1958 in nationwide competition. Since joining Monarch in September 1955 he has built an outstanding record in policyholder service and in non cancellable health and accident and life insurance. He operates from the Cincinnati office under General Agent Donald Grant.
MENTIONED IN THIS ARTICLE
Frank Dobrozsi
Monarch Life Insurance Co
Monarch
Dobrozsi
Cincinnati
Donald G. Grant
Calendar Lessons From A Deck Of Cards
A deck of 52 cards maps to 52 weeks and 12 face cards map to 12 months. The sum of card values plus a Joker equals 365 days, linking card totals to the year.
Week's Sport Put Market At Year's Highest Level
New York AP by ED MORSE. The AP 60 stock average rose to 183.80 for the week, trading volume climbed to 18.76 million and July turnover reached 69.50 million shares. Steel aluminum and copper gains helped lift markets as profits were taken earlier in the week and then recovered, with U.S. Steel boosting prices and the market pushing toward the all time high.
MENTIONED IN THIS ARTICLE
ED Morse
NEW York
Associated Press
U.S. Steel
Steel
Myth of the Executive Health Myth and Public Attention
The piece argues the concern over executive health is amplified by news values. It notes executives face workload and social obligations while subordinates also feel stress, often lacking recognition and fair pay. The column challenges the belief that executives die young at higher rates.
MENTIONED IN THIS ARTICLE
Chambers of Commerce
Executives Face New Findings On Heart Health
Drs. Lee and Schneider studied over 2,000 people for five years and found executives had lower rates of high blood pressure and heart attacks than non executives. The idea of the CEO as a coronary martyr is challenged by these results.
MENTIONED IN THIS ARTICLE
Coronary Club
Richard E. Lee l
Cornell University Medical School
Ralph E. Schneider
New York University College of Medicine
Sorg Reports Slight Upturn In Recent Sales
Sorg Paper Co. reports a modest sales increase in Q2 1958 with net acquisitions of $3,959,453 for the quarter and $7,808,308 for the first half, while earnings before tax rise to $223,373 in the quarter and $423,881 for six months. President D. G. Driscoll notes cautious industry forecasts and ongoing cost savings from economies. Dividend of 10 cents per common share and $1.38 per share for preferred stock were paid.
MENTIONED IN THIS ARTICLE
Sorg Paper Co
D. G. Driscoll
Driscoll
Sorg
Also Mentioned on This Page
Eisenhower
Congress
General Motors
U. S. Steel
Delco
UL. S. Steel Corp
National Tube
Maytag Co
F. W. Dodge Corp
David J. Wilkie
Carey
The
Service
Ladd
Manchester
Stock Exchange
Catholic Bishops’ Clothing Collection
United Jewish Appeal
Advertising Council
Newspaper Advertising Executives Association
Rhine
Neuwied
Roger Babson
Tracy
Company
New York Exchange
Business Outlook
By J. A. Livingston
Stas
C. T. Atkinson, M.D
Federal Savings and Loan
General Practice OF Medicine
J. F. Stewart, MD
John & Dorothy Myers
Dick & Dorothy Womble
Joseph Paul
Twenty Mile Stand
Mason
Columbia & Foster
Louella
Besuden Brown
Paul
Lebanon
Deep South
Middletown Ice & Coal CO
Curtis ST
Basi Wrrettant Savings and Loan Association
Central Ave
Middletown
Oito
Simee
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