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Middletown Journal in Middletown, Ohio

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Articles on This Page

This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Middletown Journal

Location

Middletown, Ohio, United States of America

Date

Jan 02, 1961

Page

2

Michigan’s debt woes ease with new governor and revenue

After a turbulent period Michigan faces a brighter 1961 with a new governor John Swainson and a 56 44 House split. The treasury shifts to pay-as-you-go under Treasurer Sanford Brown while a penny sales tax increase begins in January easing the $4 million red.

Lansing Mich Michigan G. Mennen Williams Treasury Senford A. Brown Beadle GOP Carlton H. Morris Kalamazoo Williams Morris White House

Women Drive Most Men's Clothing Purchases Ad Budget

The American Institute of Laundering claims women purchase 80 percent of men’s clothing. Retailers allocate about 5 percent of their ad budgets to newspapers, recognizing that women favor advertising sections.

American Institute of Laundering

State Debt Crisis Deepens Amid Pay Delays

Debts for the state climbed to 107 million dollars by mid 1959 as payrolls for 32 000 state employees faced delays and financial strain.

Michigan Credit Rating Drop Spurs Crisis Watch

The state faces a shaken credit standing after a protracted legislature session. A $55 million package and a $50 million veterans trust fund faced liquidation amid historic tax levies on beer, liquor, and tobacco. Dividends funded veterans and other needs but expirations loom next June as Democratic resistance mounts.

Fed Veterans Trust Fund Ajnew Treasury Ems

Also Mentioned on This Page

Mam Aena Frank D. Beadle Senate John B. Swainson Kennedy Swainsoh House of Representatives Knots Wil Liams Swainson Bates Shop, Inc DuPont Hitchcock Bates Shop South Main Halsey Men’s & Boys Hyde Park Shaw Colors Jarman Michigans
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