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Middletown Journal in Middletown, Ohio

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Middletown Journal

Location

Middletown, Ohio, United States of America

Date

Jul 27, 1958

Page

24

Schwinn joins Aeronca as vice president veteran aviation pioneer

John Schwinn, a long time Air Materiel Command veteran from Wright-Patterson, was appointed Aeronca Manufacturing Corp. vice president. He helped develop early ground attack planes and reconnaissance designs, organized procurement for World War II aircraft, and negotiated contracts for jet engines and jet aircraft. Schwinn and his wife Lula reside at 265 Castle Dr., Kettering.

John Schwin Aeronca Manufacturing Corp Schwinn Air Materiel Command Wright-Patterson Air Force Base Aviation Section Signal Corps McCook Field Air Force Old McCook Field America Starfire Schwinn Lula Castle Dr Kettering

Texas Eastern to Complete Todhunter Terminal LPG Storage

Texas Eastern Transmission announces the first LPG shipment via the Little Big Inch to the Lebanon Red Lion terminal and formal dedication set for Aug. 16. Mining to begin Aug. 1 at Todhunter cavern site, with 12 million gallons storage capacity and Dec. 1 completion for facilities including a fractionating plant and truck rail delivery.

Texas Eastern Transmission Co Little Big Inch Lebanon Red Lion Millard K. Neptune Shreveport Neptune Gulf Ast Baytown Texas Middletown Michigan New England Gulf Coast Chicago Tedhunter Midwest Oklahoma

Logan-Long Seeks End To Strike

Franklin special report on Logan-Long Co plant officials issuing their first statement since last Wednesday’s walkout. The firm offered a two year contract with Local 102 of the United Paper Workers and Paper Makers AFL CIO, including a 10 cent hourly raise and minor fringe benefits if no work interruption, while the union sought immediate five cents, plus two and six cent raises in January and May 1939.

Logan + Long Co Franklin

Newport News Shipyard Lathe Trade Shows Replacement Costs

Newport News Shipbuilding and Dry Dock Co. bought a heavy duty engine lathe for 6600 and sold its 20 year depreciated value of 6300 for replacement funds 3700. The new lathe cost 36000 with 26000 from profits after taxes. Taxes were percent of earned profit and 57000 had to be earned. The firm estimates 807000 in new business needed to buy the lathe. Delaware hosts the Grand Circuit and the Little Brown Jug pacer race.

Newport News Newport News Shipbuilding and Dry Dock Company Delaware U. S

The Hunch Back of Taipei

A fragmented observation centers on Mr. Chang who runs a milk bar and aid network in Taipei. He helps a mother with a sick baby and distributes supplied meals through religious aid programs, assisting many families in need amid failing systems.

Mr. Chang Taipei Yong Tim Remee

Protestant Shawn See Surnius Appeal

In cooperation with The Advertising Council and the Newspaper Advertising Executives Association a clothing collection is launched. Details remain sparse, with emphasis on community service and fundraising through the publication's sponsorship.

Shawn Surnius PubMehet Snap Bl The Advertisin Council Newspaper Advertising Executives Association

New Analyst Al Gardner Named at Diamond Gardner Corp

James H. Thompson named development analyst for the Diamond Gardner Corp. announced by vice president E. T. Gardner Jr. Thompson, formerly staff assistant to general management, joined the company in January 1950 as an accounting trainee. Diamond Gardner, formerly The Diamond Match Co., makes matches and related products.

James H. Thompson Diamond Gardner Corp E.T. Gardner Jr Thompson General Management On Company Dairypak Associated Company Litchfield Lil Kenosha Wis Navy University of

Inflationary War Fears Drive Stocks and Policy Views

The piece argues inflationary pressures follow wars, citing copper price jumps after U.S. Lebanon deployment and the belief Wall Street bets on ongoing inflation. It notes concerns about dollar value, wage trends, and investor hedges in land stocks and bonds, with economists predicting gradual but persistent inflation and eventual adjustments. Then it warns of a shallow 2 percent annual target as insufficient to prevent market misreads.

Lebanon Middle East Anaconda Phelps Dodge Wall Street Nikita Khrushchev Soviet Union United States U. S

Howe Motors Sells Renault Franchise In Local Area

The Howe Motor Co at 1701 Central Ave announced it has taken the Renault franchise for the area. It will sell and service the Renault Dauphine and Chevrolet and stock a full line of Renault parts alongside Chevrolet offerings.

The Howe Motor Co Central Ave Renault Howe Chevrolet Lawrence

Armco Man Is Promoted Senior Cost Accountant

Norbert J. Kittel of 310 Moore Street has been promoted to senior cost accountant at Armco Middletown Works. He previously served as cost clerk and senior cost clerk in the accounting department, with a career progression detailed from 1935 to 1954.

Norbert J. Kittel Moore St Armco Middletown Works Don S. Holstein N. J

Ohio Tax Receipts Dip Again in Early Fiscal Year

State Treasurer Tracy reports Ohio sales tax receipts for the first two weeks of the new fiscal year are down 21.07 percent from last year. Prepaid tax receipts for the week ending July 12, 1958 brought in 2,503,173, down from 2,952,601 a year earlier. County results varied but all four nearby counties showed declines, with Butler, Montgomery, Coble, and Warren posting lower figures than in 1957. Cumulative two-week receipts total 1,121,301, a drop of 1,967,783 from the first two periods of last year.

Ohio Treacher Roger W. ‘Tracy Tracy Hie Butler County Montgomery Warren

Payroll Report Forms Due Soon

The Bureau of Workmen's Compensation reminds about 120000 Ohio employers with less than a week to file payroll report forms for Jan 1 to Jun 30 1958. Deadline is July 31. Employers may mail forms to the state treasurer and get help at 16 bureau offices in Akron Canton Cincinnati Columbus Cleveland Dayton Hamilton Youngstown and Zanesville.

Columbus Ohio Bureau of Workmen's Compensation Oho James L. Young Bureau Akron Canton Cincinnati Cleveland Dayton Hamilton Loma Logan Mansfield Martins Ferry Portsmouth Ees Youngstown Zanes v

Renault Dauphine Debuts With Economy And Safety Features

Renault Manufacturing Co introduces the 1958 Dauphine a four door rear engine sedan praised for appearance economy comfort and safety. It delivers up to 43 mpg with standard equipment including heater defroster and radios plus optional sunroof air conditioning and white wall tires. The car measures 17 feet by 5 feet by 4 feet 9 inches weighs 1390 pounds and was tested from Arctic to Sahara before display at Howe Motor showroom.

Howe Renault Mag Arctic Circle Sahara Desert Howe Motor Show Room

Business Briefs highlight regional auto and glass trades

Robert R. Kihm former general manager buys Central Motor Co and Hamilton Chevrolet agency expanding holdings in Butler area. Hamilton business purchase follows earlier stake by 1933. Jacone Glass Shop of Middletown named Permalume shower enclosure dealer, expanding lineup from glass and building products with 22 years serving Middletown.

Robert R. Kihm Howe Motor Co Central Motor Co Hamilton Chevrolet Butler Hamilton Central Realty Co Hamilton Jacone Glass Shop Middletown Henry Lauter Jake Cohen Shower Door Co. of America Atlanta Jacone

Business Seems To Be Improving

New York reports an optimistic business mood backed by data. Government spending and defense contracts rise while GDP and consumer spending show gains. Stock markets hit highs, while manufacturing orders and oil production expand. Mortgage debt sets a record as shares trade strongly.

Bernard Goldfine Chase Manhattan Bank of New York George Washington William Thorton James C. Wright

Peiping Builds New Industrial Base Reported

The Peiping area in Red China grows into an industrial hub with 79 factories under construction including power plants chemical works a vehicle plant and cotton mills as the capital shifts from its imperial past.

Hong Kong Red China Peiping

Take-Home Pay Slice Is Expected To Rise

NEW YORK AP The chance grows that New Year will bring higher take home pay due to social security tax hikes. The fund faces red ink as beneficiaries rise and tax receipts lag. Proposals aim to raise the wage base to 4800 and adjust the 4 percent payroll rate by 1999.

New York U. S. Treasury Congress Treasury United States

Also Mentioned on This Page

Aeronca Texas Eastern Joplin, Me Ates Yankee Roads Long Logan - Long Co Ec Rthalie Yevrey Lith Becene Fund al Gardner Business Outlook By J. A. Livingston Truman Eisenhower Sumner Slichter Harvard Wef Lionel Robbins England Slichter Lloyds Bank Sparkle Lake Princeton E. O. Sparks John & Jane Murphy Joseph Paul Howe Motors Armco Man Liberty Renault Manufacturing Co France By William Ferris AP Business News Gabriel Hauge Hauge Senate Appropriations Committee Bureau of Public’ Roads Te National Highway Program Council of Economic Advisers Dun & Bradstreet Department of Commerce Goodyear Tire & Rubber Westinghouse Electric Ladd Manchester Siembers New York Stock Exchange
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