Business Donating $150 Million Each Year To Nation's Colleges
AP report notes corporate giving to colleges rose to about 150 million dollars in 1961, with growth plans toward 500 million annually by 1970. Major donors include Standard Oil of New Jersey led by M. J. Rathbone, backing small independent and church-related schools while targeting projects with quick returns.
MENTIONED IN THIS ARTICLE
New York
America
Boston
M. J. Rathbone
Standard Oil Co
New Jersey
Rathbone
Jersey Standard
Abrams
Council For Aid To Education
Harding Jones Paper Co Builds Waste Disposal Plant
Clarence M. Jones announces a new waste disposal system for the Harding Jones Paper Co Excello. A 275000 gallon settling tank treats plant sludge and clears water before discharging into the Miami River. The system supports future production expansion.
MENTIONED IN THIS ARTICLE
Harding Jones Paper Co
Excello
Clarence M. Jones
Miami River
Jones
Employment Service Advisory Committee Formed in Middletown
A new Employment Service Advisory Committee convened its first meeting at the Ohio State Employment Service office on Vail Avenue. The group aims to expand job opportunities, shorten unemployment gaps, and study causes of unemployment while focusing on older workers and youth with potential for retraining. The committee includes leaders from manufacturing, retail, labor, schools, clergy, and media.
MENTIONED IN THIS ARTICLE
Employment Service Advisory Committee
Ohio State Employment Service
Vail Avenue
Johnson
Kenneth Banks
Raphael Horwitt
OSES
Women’s Clubs
Ety
Press
Rma
Harding Jones earth fill plan to curb river pollution
Jones describes a system handling about 750000 gallons of effluent daily with 1 to 10 tens of solids separated for spreading on a 24 acre receiving bed. Solids may be used as earth fill. The Harding Jones project joins others in Middle town as industries curb river pollution amid Ohio Health Department urging sludge removal before discharge. The disposal system is designed to treat twice the present waste load.
MENTIONED IN THIS ARTICLE
Jones
Harding-Jones
Middletown
Ohio Department of Health
Auto Leasing Deductions Are Explained
P L Charles district director of the Internal Revenue Service outlines federal income tax rules on deducting auto and truck lease payments. Leases are deductible only as ordinary and necessary business expenses, not for personal use, and payments tied to purchase cost are not deductible. If lease payments are advance rent, apportion over the entire rental period.
MENTIONED IN THIS ARTICLE
P. L. Charles
Internal Revenue Service
Charles
Dean Glos Elected To Board Of Bank
Raymond F Glos dean of the School of Business Administration at Miami University has been elected to the board of directors of Citizens Bank at Hamilton announced by Walter A Rentschler president of the bank.
MENTIONED IN THIS ARTICLE
Raymond F Glos
School of Business Administration
Miami University
Citizens Bank At
Hamilton
Walter A. Rentschler
Outlook For 62 Is Good
United States business eyes the 1962 outlook with cautious optimism. Economists at the University of Michigan forecast GNP rising to 557 billion from 520 billion in 1961, driven by defense spending, inventory buildup, and auto purchases, while steel demand and construction activity brighten returns for 1962. General Motors signals a strong year with its end year dividend. retailers foresee 5 to 10 percent gains in early 1962, and the NICB notes gradual recovery across machinery and construction sectors as markets hit record highs.
MENTIONED IN THIS ARTICLE
New York
University of Michigan
Iron Age
General Motors Corp
National Industrial Conference Board
Detroit
Canada
United States
United Kingdom
West Germany
Pacer Traffic Control System Shows Early Promise
A trial of the traffic pacer system along a four mile Macomb County stretch near Detroit reports faster travel, fewer stops, and improved safety. Sign-guided speeds and pre signals aim to keep traffic flowing and reduce intersection congestion. Officials caution it is too early for a final judgment.
MENTIONED IN THIS ARTICLE
Ben Phlegar
Detroit
Mound Road
Macomb County
Roger Babson urges Canada to study ECM advantages
Babson argues Canada should evaluate joining the European Common Market or forming ties with Western Europe to create a strong North Atlantic trading area. He notes Canada’s modest recovery from recession, overcapacity pressures, and the potential impact on wages, while contrasting US and European wage levels.
MENTIONED IN THIS ARTICLE
United States
Canada
Europe
Free World
Defense Materials Booklet Available Casts Light on Rules
The Defense Materials System and Priorities, a new publication from the U S Department of Commerce, replaces the 1955 edition to guide defense contractors in nontechnical language about mandatory Defense Materials System rules. Available from the Commerce Field Office in Cincinnati Room 09 Fifth Third Bank Building for 25 cents a copy.
MENTIONED IN THIS ARTICLE
Department of Commerce
Fifth Third Bank
Cincinnati
Sales Symposium Set For Nov 28
An export sales symposium for local businessmen to enter or expand export sales will be held on Tuesday Nov 28 at 1 15 pm in the Cincinnati Gas and Electric auditorium Cincinnati. It is sponsored by the Cincinnati regional export expansion committee with talks on foreign market development government export financing and how the Department of Commerce assists exporters. A color film The Trade Fair Story will show how Commerce exhibits sell American products abroad.
MENTIONED IN THIS ARTICLE
Cincinnati Gas & Electric
Cincinnati
Department of Commerce
Optimism on Western Europe and Canada ties
A speaker stresses limits on expanding anti Communism westward and argues for a give and take approach. He urges including Canada and Western Europe in Pacific trading borders and sees potential benefits for the Common Market. The tone is cautiously hopeful about broader economic and political integration.
MENTIONED IN THIS ARTICLE
Canada
Europe
Pacific
Also Mentioned on This Page
By Roger Lane
Paper Company
Manufacturers Trust Co
Frank W. Abrams
Frank H. Sparks
Wabash College
Crawfordsville, Ind
Cleveland Area
P. F. Johnson
Middletown Oses
Tne
Charles V. Hall
N. Verity
Kay Craycraft
State Farm Insurance Companies
Bloomington,iinole
Dean Glos
Bank
Sly Shetter
Tim Johnson
New York Stock Exchange
Federal Savings & Loan
Ohio
Erates
General Motors Technical Center
Macomb County Road Commission
Wolfgang von Stein
Dusseldorf
Germany
Harold Morrison
Engineering Mechanics
Robert Bierley
Morrison
Warren Anderson
Road Commission
Roger Babson
By Roger Babson
Davidson
Photo Shops
Central Ave
Midd
Defense Materials
U.S. Department of Commerce
General Electric
Tappan
Cabinet Shop
TYTUS
The
Service
Ladd
Manchester
Motor Inn