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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Feb 18, 1969
Page
13
A 67 year old widow with savings and Social Security asks if blue chip stocks can provide growth and dividends. The adviser suggests investing 5000 dollars, accepting some income sacrifice for capital growth over several years, with family support to help manage the funds.
A condensed price and commodity roundup lists securities brokers, tissue paper firms, and agricultural prices..Cattle, hogs, and soybeans are shown with bid ranges, futures quotes, and nearby months. including corn and oats.
Atlantic Richfield and Sinclair Oil suspend their 3.8 billion merger after a federal judge issued a preliminary injunction amid government antitrust claims. The ruling blocks Atlantic Richfield’s deal with British Petroleum to sell Northeastern outlets and keeps the case open for trial.
Thomas I. Byrd of 401 Currier Road is named chairman of the board and president of the Lau Blower Co. Harold W. Faulkender retires as chair but remains on the board. The firm declares a quarterly dividend of 1.742 cents per share and reports first quarter 1969 sales of 6,338,369 and earnings of 314,565 or 40 cents per share. The company, maker of air moving products, operates plants in Dayton Cleveland Irwindale Indianapolis Lebanon Kitchener Marcheen and Belgium.
About 400 Negro students from two high schools walked out of classes in Kansas City Kansas to press city officials for Negro history courses and a Negro History Week program. Principal S. H. Thompson promised starting in September that courses would be added and a History Week observance would be held soon.
Four Monroe Volunteer Firemen were awarded twenty year service pins last night. Honorees include Russell Hiteshue Charlie Simmerman Mark Neu and Chief Earl Hiteshue. The group began with the late John Neu and served two years before formal formation. A special presentation is planned for Mr Neu's widow and family.
The New York market opened with declines dominating trading as the Dow fell 14.23 to 937.72 after Monday’s drop. Monsanto slipped to 52.4, American Motors to 12, Rexall to 45.4, Boeing to 57, Eastman Kodak to 71.5, while Goodrich rose to 57.2. The AP average for 60 stocks closed Monday down 4.6 to 355.2.
Detroit AP reports Ford Motor Co earned 627 million dollars in the last quarter of 1968 and 164 million for the year 1968, with sales totaling 14.1 billion. The year’s profit ranks as the second highest after 1965, despite 1967’s lower earnings due to a UAW strike and new 1968 contract. Nine point six million cars were sold in the U.S. market, a new annual record.
President Nixon's science adviser Dr Lee A DuBridge announced a White House led study with the Defense Department and NASA to craft a balanced ten year space program proposal. He said the panel is reviewing defense and offense issues of an antiballistic missile system but will not decide on deployment.
United Glass and Ceramic Workers of North America says it will not strike Pittsburgh Plate Glass Co despite contract expiration. The union, representing over 10,000 at several plants including one in He, notes talks are in recess as negotiations proceed.
New York AP Lu Chows the 87 year old German restaurant on 14th Street has been sold to Longchamps Inc Owners Jan Mitchell since 1950 and Larry Ellman president of Longchamps announced The restaurant opened in 1882 by August Luchow It hosted celebrities like Diamond Jim Brady Florenz Ziegfeld Enrico Caruso and Alfred E Smith Ellman vows to preserve the historic tradition and ambiance.
A prisoner at Seattle’s sixth floor city jail tied two pairs of overalls to fashion a rope and dangled for ten minutes before firemen rescued him with a ladder. Willard Aguilar, 32, was two floors short of the plaza he aimed to reach after his failed escape attempt.
In Columbus Ohio the AP notes egg prices paid to country packing plants with U S grades and minimum case lots. Carton Large A 46 50 Medium A 42 46 Small A 37 40. Retail sales to major Ohio city retailers show Large A white 51 56 Mostly 51 53 Medium 46 52 Mostly 47 48. Poultry prices at farms in Ohio are listed.
President Nixon travels to Rome on March 2 to meet Pope Paul after the Pope completes a weeklong Lenten retreat in the Vatican City. The talks aim to discuss issues of mutual interest between the United States and the Holy See.
Classifieds offer sections for autos homes furniture and services with sections titled furnished or unfurnished apartments real estate and jobs. Readers see categories like autos farming and odd jobs plus notices and personal ads in a dense want ad listing.
Brown and black female beagle missing in Buens Vista area call 423 7719. Collie pup female lost near Civic Association call 422 4545 reward. Schnauzer male salt and pepper lost near East Eru calls Shane 424 2165 reward. German Shepherd eight months near Grand and Crawford call 539 8284. Brown leather billfold near Shopping Center reward 423 5550. Black male cat around S Sutphin area reward call 424 723 ee. Pony red with white face south end of Preble Co Line Ra reward call 1 787 5003. Pekingese Toby reward call after 6 422 0051. Springer Spaniel liver and white female lost near Trenton Knothole diamond call LD reward 988 6503.
Obituaries list multiple local families with funeral home details and service schedules. Entries mention COMMINDS E Terry 40 of Dayton. Elizabeth A Gartland 89. Thelma Gravett 59. Alma M Kane 81. Alice M Soule memory. with homes McCoy Leffler Schramm and numbers for arranging. Additional note requests witnesses for a Verity Elwood accident.
Mrs. Rosalie Love, 65, of 1812 Carroll Ave Middletown, died at the hospital Sunday February 16 at 4 10 a.m. Friends may call at McCoy Leffler Funeral Home Monday 7 9 p.m. Service Tuesday 2 p.m. Rev. Haskel Jenkins officiating. Interment Woodside Cemetery. Arrangements by McCoy Leffler Dial 423 9443.
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