Khrush Visit Spooks Markets Amid News Of Khrushchev Trip
Traders counseled caution as Khrushchev and Eisenhower signaled a potential summit. Defense tied stocks fell while European markets rose on news of easing tensions. Steel strikes linger, threatening August production before Khrushchev’s planned visit.
MENTIONED IN THIS ARTICLE
New York
Nikita Khrushchev
Eisenhower
Buchsbaum
W. E. Hutton & Co
Sidney B. Lurie
Josephthal & Co
Mean
Khrushchev
Banker Promoted to Pease Woodwork Factory Manager
Fred W. Banker was named factory manager for Pease Woodwork Co by president John W. Pease. Banker, previously assistant factory manager since March 1957, succeeds the late L. R. Aichholz who died July 1.
MENTIONED IN THIS ARTICLE
Fred Banker
Pease Co
Fred W. Banker
Pease Woodwork Co
John W. Pease
Banker
L. R. Aichholz
Pease
Display Homes
Middletown High School
Hamilton Chamber of Commerce
Fairfield Chamber of Commerce
Industrial Management Club
Dick Ave
Hamilton
Philip Carey reports six month gains at Miami Cabinet
Philip Carey Mfg. Co. operating its Miami Cabinet Division in Middletown reports six month 1959 sales of 35,118,624 up from 30,226,997 in 1958 an increase of 16 percent. Net earnings were 1,732,845 up from 603,547 year ago and earnings per share rose from 0.71 to 2.04. Strong demand for bathroom cabinets range hoods and other Miami Cabinet products drives the rise.
MENTIONED IN THIS ARTICLE
Philip Carey
Philip Carey Mfg. Co
Miami
Middletown
Boeing packaging innovations cut B52 part shipment costs
Boeing Wichita and Aeronca teams developed new boxing and crating methods saving about 315000 dollars on B52G parts shipments. A complete shipset travels in one trailer with designed fixtures securing rudder elevators spoilers and bomb bay doors, reducing boxing and crating needs while increasing protection.
MENTIONED IN THIS ARTICLE
Air Force
Wichita
Boeing Airplane Company
Boeing Specialists
Air Materiel Command
Aeronca Manufacturing Corporation
Middletown
Torrance
Calif
Boeing-Wichita
Aeronca
Atom smasher team pursues powerful Midwest project
A group of scientists from 15 midwestern universities led by MURA and backed by the Atomic Energy Commission are developing the MARA approach at the University of Wisconsin to collide protons and explore atomic inner space. The effort aims to surpass existing machines with colliding beams and high intensity, seeking insights into matter energy and potential medical and economic benefits.
MENTIONED IN THIS ARTICLE
Earth
Chines
Russia
MURA
Midwestern Universities Research Assn
Midwest
Atomic Energy Commission
University of Wisconsin
Ragnar Rollefson
Wisconsin Physcs
MARA
Public libraries need city support says Babson
Roger Babson urges municipal backing for public libraries citing Andrew Carnegie as a model and noting radio television and paperbacks compete for readers He advocates paid newspaper ads to promote libraries and stresses libraries foster hardier citizens through access to diverse works.
MENTIONED IN THIS ARTICLE
Babson Park
Mass
Thomas Drier
Andrew Carnegie
St. Petersburg
Florida
Boeing Wichita and Aeronca Specialists Improve Packaging
Boeing and Aeronca specialists continually inspect inbound and outbound shipping while revising buying procedures to cut packaging costs. In one case the company reduced a component’s weight by 6,500 pounds. part sizes range from tiny parts to 33 0 foot wing flaps and heavy gear. outbound and inbound shipments involve multiple subcontractors and suppliers across 42 states, using trucks, rail, air, parcel post and related carriers.
MENTIONED IN THIS ARTICLE
Boeing-Wichita
Aeronca
Boeing
Frigidaire Sales Rise Eight Percent in July
Dayton AP report says Frigidaire Division of General Motors posted July sales about eight percent above its prior record for a month, signaling continued economic upturn.
MENTIONED IN THIS ARTICLE
Dayton, Ohio
General Motors
Russians To Release Shipwrecked Seamen
Tokyo reports that a maritime safety patrol ship will visit Shikotan Island on August 2 to recover 11 shipwrecked Japanese fishermen rescued by the Soviets last month.
MENTIONED IN THIS ARTICLE
Tokyo
Foreign Office
Maritime Safety Board
Shikotan Island
Japan
Croake Enrolled In Bank School At Wisconsin
Robert B. Croake assistant to the cashier at First National Bank Middletown will depart August 16 for two weeks at the University of Wisconsin School for Banking in Madison. The program, in its third year, requires two weeks of resident study plus annual extension work to earn graduation certification.
MENTIONED IN THIS ARTICLE
Robert B. Croake
First National Bank
Middletown
School For Banking
University of Wisconsin
Madison
Central States Conference
Bankers Associations
Mid-Western
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West Germany
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Lincoln-Mercury
Ford Motor Co
Lincoln- Mercury Co
Alton Blakeslee
Wis
Physics Laboratory
Josh
Cles
U. S
Brookhaven
N. Y
Stanford University
Rollefson
Midwest Universities Research Assn
ED Sullivan
Kodak
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N. Main
Roger Babson
Boston Public Library
Harriman
United States
Cape Canaveral
Open Church Foundation
Gloucester
America
New England
Pennnsylvania
Virginia
Church F of England
Frigidaire Sales Up
Croake
Bank
Robert Croake
Ola