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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Jun 26, 1960
Page
26
A nationwide AP survey finds midyear U.S. business holding steady with some weak spots. While steel, appliances, and housing show softness, others report growth from new plants and favorable weather, with optimism for a late 1960 rally despite layoffs and idle capacity.
New York reports a low priced portable speech aid the TelExecutive from Telit Industries Inc Chicago. It features an illuminated panel and pre printed speech paper on a spool, controlled by a palm gadget, with adjustable lighting. Also Milton Bradley unveils the first automatic paper trimmer needing no adjustment, using a compression spring for quicker uniform cuts.
Emerson Radio & Phonograph Corp. introduces a flat-asapancake acoustic device usable as a loudspeaker, microphone, or hearing aid. Developed at the Weizmann Institute in Israel, the electrodynamic design allows varied shapes and sizes for acoustic apparatus. A separate note mentions THIOKOL CHEMICS CORP. Bristol, Pa. makes a small explosive charge for ships that could spark a nautical phrase shift.
An advertisement claims daily WSJ reading can boost income from $7,500 to $25,000 yearly. It targets salaried workers and small business people, promoting a three month trial for $7 and annual cost of $24, urging subscription through Chicago address.
The Castrol powdered diet concentrate from Clay Franklin Inc. in Tucakhoe New York is marketed as a complete daily food in an eight ounce can delivering about 890 calories. Mix with water to drink for a full day’s nutrition.
Ohio policy changes approved for NBCU and NAUA affiliated firms will lift premiums mainly in the Middletown Hamilton region, with nine drivers under 25 bearing the largest increases. Warren County may see reductions, while statewide collision deductibles face mixed moves. Safe driver and farmer discounts remain available.
William E. Harrison was appointed manager of Armco Drainage and Metal Products Inc. Washington D C office succeeding retired David H. Henderson. Harrison, a University of Cincinnati civil engineering graduate, joined Armco Drainage in 1945 and rose through the Indiana sales manager post before becoming assistant manager in Washington in 1958.
Detroit AP reports automakers plan a broad shift to low price cars in 1961 with more names, smaller wheelbases, and many under 2500 dollars. Chrysler Ford GM divisions push Dart Lancer Tempest and new compact lines while Pontiac Chevrolet Dodge aim tighter pricing and added station wagons.
Sylvia Porter notes that from 1900 to 1960 the share of income needed for essentials shrank from about 46 to under 30 percent as buying power rose. She cites Bureau of Labor Statistics data across 1901 1917 1934 1950 and projections for 1960 highlighting broader gains in housing clothing and other goods.
Howard Rodgers C Rodgers Jr. ree named product specialist for magnetic steel products in the Armco Division of Armco Steel Corp M B Wilson vice president of sales announced Rodgers who has a metallurgical engineering degree from Michigan State University joined Zanesville Works in 1950 as a metallurgical assistant became junior metallurgist in 1951 metallurgist in 1954 and supervising metallurgist in 1958 he has joined the division headquarters in Middletown.
Washington AP report says a House bill includes the so called baby sitter clause extending Social Security numbers to casual domestic workers. It would require employers to pay Social Security for any worker paid $25 in a three month period, expanding beyond the prior $0 per quarter rule. The act would exempt workers under 16.
During World War I the first steels containing nickel chromium and molybdenum were introduced marking a shift in alloyed steel use. This historical milestone tied to wartime steel needs reflected advances in metallurgical science and industrial production.
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