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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Feb 23, 1975
Page
31
Denver's Gates Rubber Co. makes poultry picker fingers used worldwide in plants to remove feathers from turkeys. The fingers attach to a rotating drum and bat off feathers as birds pass through the assembly. Terry Hines of Denver holds a sample product.
Armco Steel officials announce multiple internal moves. David C. Heckard gains responsibility for research library functions while Wade S. Paxton joins as supervisor of technical information services, succeeding retired David K. Easton. James E. Niemes becomes tax administrator. Heckard and Paxton hold advanced degrees from Purdue and Carnegie Mellon respectively.
Fortune reports that Manhattan office space rose from 150 million sq ft in 1965 with 5 percent vacancy to 40 million extra sq ft built by 1969 as white collar jobs grew 19 percent. From 1969 to now 40,000 jobs fell while 40 million more sq ft cost about 5 billion, pushing vacancies to 18 percent the highest since 1939 and straining developers and lenders.
Russell S. Holliday a former metallurgical engineer with Armco Steel in the 1940s has been named vice president staff and officer of McLouth Russell Holliday Steel Corp Detroit Mich He has worked at the firm for twenty years a West Union native and Miami University graduate now residing with his wife Clarys in Birmingham Michigan.
Roy Barrett son of Mrs Amanda Barrett 205 Grimes St was named top winner in a national sales lead contest by National Airlines He earns a Hawaii trip for himself and his wife Barrett a Middleton native and former Armco Steel employee has worked for National in Miami for eight years.
A January effective Ohio law lets savings and loan associations accept deposits from state and other public bodies. Minimum deposit is $100,000 with terms from 30 days to two years. Federal law insures these funds up to $100,000 through a House bill approved last year.
The Investment Company Institute notes 1974 mutual fund net sales reached 5.3 billion, the first annual gain in three years, with redemptions at 3.9 billion. 1973 sales were 4.4 billion, and December sales stood at 736 million, the third highest on record.
On Lake Union Stephen Dunphy converted a decrepit raft into a backyard garden. He spent 35 dollars on planks and 35 on boxes for vegetables plus near nothing for salvaged washtubs. Dirt and soil costs 35 dollars for ten 35 pound bags with six 40 pound manure bags and peat moss. Seeds produced carrots lettuce spinach cucumbers pale string beans with cucumbers underperforming.
Mr and Mrs David Cox directors of the Monroe office of United Consumers Club attended the first national convention in Las Vegas. Keynote speaker was commentator Paul Harvey. United Consumers is a service firm buying products directly from manufacturers and selling to the public.
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