Mines Are Shut In Coal Regions Of West Virginia
Abandoned, boarded up homes dot the southern West Virginia coal towns as unemployment grips the area. While Beckley thrives with new service industries and a hospital complex, nearby Raleigh County towns show widespread vacancy and sapped livelihoods amid dwindling mine operations.
MENTIONED IN THIS ARTICLE
Charleston
W.va
West Virginia
Stotesbury
Raleigh County
Beckley
United States
Veterans Hospital
United Mine Workers Hospital
Beckley General Hospital
Armco Employees Credit Union names 1960 officers and reports
Raymond Sherman will lead the Armco Employees Credit Union as president for the new year. Officers include Foster Hansell vice president Edgar Waselton secretary treasurer and William Bergmann Arlie Lovely Clester Pieratt Mervin Rayburn Adr ian Smallwood and J R Whitehart as directors. The credit committee features Ray Clevenger Rayburn and Lovely with audit committee Carl Arend H Kendig and Roger Oakey. Millard Schrote is manager. Loans reached 5,? million in 1960 with an outstanding balance of 4,068,865.96 up from 1959. Assets totaled 4,247,917.36, up from 4,786,762.60. Membership declined to 6,570 from 6,715 due to layoffs at Armco. There were 3,826 borrowers, up from 3,637 in 1959. Loans issued 5,450,298.38, up 73,025. A dividend of 5 percent was declared and 141,552.52 paid.
MENTIONED IN THIS ARTICLE
Armco
Raymond Sherman
Foster Hansell
Edgar C. Waselton
William Bergmann
Arlie Lovely
Clester Pieratt
Mervin Rayburn
Adrian Smallwood
J. R. Whitehart
Ray Clevenger
Rayburn
Lovely
Carl A. Arend
H. Kendig
Roger
Wanted Building and Loan Buyer Seeks Ownership Takeover
Advertises for a responsible party to acquire ownership or control of a building and loan. Will pay cash. Size not important. Present management and staff to be retained. All replies confidential. Write Box Noe 15, Middletown Journal.
MENTIONED IN THIS ARTICLE
Middletown Journal
Aeronca installing $228000 B 70 parts cleaning system
At Aeronca Manufacturing Corp on Germantown Road work proceeds on a $228000 cleaning system for B 70 bomber parts. The 13 tank setup in building 1B uses a S tone crane to lift baskets of stainless parts with five rinse tanks and eight fluid tanks. Completion is targeted for March 15 with architect David Selvar and general contractor Fred B Stevens.
MENTIONED IN THIS ARTICLE
Aeronca Manufacturing Corp
Germatown Road
David Selvar
Middletown
Fred B. Stevens
Detroit
John Arpp Co
Robert Gray and Sons, Inc
Strike Threat By Conductors Of NYC Ends
New York Central Railroad and the order of railroad conductors and brakemen reached a compromise to shelve the dispute over a second conductor on sleeping cars until April. A systemwide walkout had been planned for 6 am Sunday but will not occur. If no agreement by then, an arbitrator may decide. The railroad is recovering from a previous shutdown over tugboat crew picket lines.
MENTIONED IN THIS ARTICLE
NEW York
New York Central Railroad
The
Central
Pullman Co
New York Central
Aboriginal Boomerang Craft Trimmed for Correct Curve
Aboriginal artisans repeatedly trim a boomerang to shape the exact curve. The process focuses on achieving precision in the weapon’s flight path through careful adjustments and testing.
West Virginia Faces Long Economic Slump Amid Coal Decline
The new administration prioritizes legislation to aid industry and retrain workers as coal regions suffer from mechanization and market shifts. West Virginia’s unemployment nears 10 to 12 percent state wide with McDowell County at 28.9 percent, while 85,000 out of work and 250,000 on surplus food aid reflect persistent hardship.
MENTIONED IN THIS ARTICLE
Ohio River Valley
Charleston
Wheeling
West Virginia
Virginia
Mount Hope
Kennedy
U.S. Department of Agriculture
McDowell County
Pepsi-Cola Introduces 16-Ounce Family Size Bottles
The Pepsi-Cola Bottling Co. of Hamilton announced a new 16 ounce family size bottle. Walter Gross Jr. vice president and general manager said the bottles will be sold in cartons of eight and hold a pint.
MENTIONED IN THIS ARTICLE
Pepsi- Cola Bottling Co
Hamilton
Walter Gross Jr
Government And Business Have Common Worry
Rising unemployment and how to address it dominate concerns in government and industry. Unemployment claims reached 3,290,000 in the week ending Jan 7, with an estimated total jobless figure near 5.5 million for January. President Kennedy to outline plans to stimulate the economy and expand food distribution to the needy. Automakers cut production amid high inventories and weak sales, while steel output showed modest gains. An unrelated note mentions Oriental etiquette about opening gifts.
MENTIONED IN THIS ARTICLE
New York
Arthur J Goldberg
Goldbergever
Kennedy
Congress
Crawford Promoted to Production Manager at Wrenn Paper Co
William E. Crawford is named production manager for Wrenn Paper Co in Middletown. The Mead Corp subsidiary announces Crawford’s promotion, noting his prior sales role since 1946 and earlier work at Sorg Paper and service in the Air Force. He is Middletown born, educated at Ohio Wesleyan and UC, and serves as a church vestryman and community member.
MENTIONED IN THIS ARTICLE
William E. Crawford
Wrenn Paper Co
Middletown
James S. Evans
Mead Corp
Crawford
Wrenn
First Avenue
Water Street
Sorg Paper Co
Air Force
Ohio Wesleyan University
Delaware
University of Cincinnati
Railroads woo auto firms with lower rates shift car shipments
Detroit report notes rail traffic on new cars rose from 1958 to 1960 doubling shipments and targetting 25 percent of car shipping by year end. Truckers say costs lag and 15,000 jobs dropped to 10,400 amid layoffs as rails gain with piggyback and new racks. Ohio to Maryland routes cited with savings per car and union pressure for ICC review.
MENTIONED IN THIS ARTICLE
Michigan Trucking Association
St. Louis
Dallas
South Bend
Ind
Baltimore
Frisco
Studebaker - Packard
American Motors
Ford
General Motors
Kenosha
Wis
Automotive News
K. Gill
American Trucking Associations
Samuel Mulholland Promoted by Armco
Samuel B Mulholland has been promoted to foreman in the machine shop at Armco Fabricating Plant No 1 Plant manager Charles E Stutenroth announced Mulholland lives at 3735 Sterling Drive He began Armco in 1936 as a laborer and held several roles including welder helper and coin stocker before becoming an apprentice in 1941 and advancing to senior machines then tool maker in 1952.
MENTIONED IN THIS ARTICLE
Samuel B. Mulholland
Armco Fabricating
Charles E Stutenroth
Mulholland
Sterling Drive
Armco
Health insurers in Texas outnumber others in the nation
Texas hosts 379 insurance companies plus two Blue Cross Blue Shield plans and a Medical Society plan, along with 14 additional insuring plans, illustrating the state's dense health coverage landscape.
MENTIONED IN THIS ARTICLE
Texas
Blue Cross-Blue Shield
Medical Society
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By Nate Polowetzky
New Xyear
Oswald
Ray Sherman
Aeronca
Cope OF Ethics
Advertisers’ Club of Cincinnati
Jerry Hurter
al Anderson
Cincinnati Club
Sylvester Shetter
Federal Savings G Loan
Ohio
New York Stock Exchange
Nyc
Kana
Pepsi-Cola
William Crawford
By Ben Phlegar
Chrysler
Teamsters’ Union
Henry Shadeberg
Wisconsin
Union
Interstate Commerce Commission
Samuel Mulholland
Manchester
Stock Exchange