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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Oct 18, 1978
Page
38
Gold climbed to $229.25 an ounce in London as dealers fixed a new morning high. The dollar was mixed in Europe after Tokyo’s postwar low, with Zurich showing $228.125 and London closing at $228.25 a day earlier.
Ex resident Gerald L. Marx, once living in Middletown, has been promoted to superintendent of industrial relations at Armco’s Ambridge Works in Pennsylvania. Marx joined Armco in 1966 as supervisor in research staff services at naval offices in 1973, then moved to National in Houston as general supervisor personnel in 1974. He is a
Eugene Clark and his wife Mary close their kiosk in the Centre Market after opening the first fruit and vegetable shop there in July. Clark, a disabled World War II veteran and retired Teamster, says the effort outweighed the benefits. A new, unnamed proprietor is expected to take over soon.
Linda Stacy an associate financial analyst at Armco's Bellefonte Insurance Co in Miamisburg has been named a Steel Fellow for the 1978 1979 academic year. The program run through the American Iron and Steel Institute selects knowledgeable young steel industry employees to represent the industry on college campuses and liaison with students in business political science and economics. The eight year old program has logged over 1 775 college visits in 30 states. Miss Stacy a Wright State University graduate resides in Miamisburg.
A stock list from New York shows diverse equities including Armco Allied Chemical Alcoa and IBM among others with mixed bid percentages. Prices and bids from Aeronca Armco Crystal Inland and Sorg appear, reflecting market activity for the day.
Columbus Ohio AP reports prices paid to country packing plants for eggs delivered to major Ohio cities. Large A cartons 0.59 to 0.63, Medium A 0.53 to 0.58, Small A 0.36 to 0.40 for minimum 50 case lots. Retailer sales in major Ohio cities show Large A white 0.70 to 0.72, Medium 0.65 to 0.74, mostly 0.65 to 0.67 per carton. Poultry prices at Ohio farms note hens light supply with too few to report.
Americans paid 10.5 percent more taxes to state and local governments in the last year, rising faster than inflation. State and local income taxes up 15 percent and sales taxes up 13.9 percent, with corporate taxes rising 18.7 percent. property taxes grew more slowly at 6.8 percent.
Schiavone's Foods Inc will move its corporate offices from Tytus Avenue to Franklin Square during the weekend of Oct 27 to Oct 30. The dinner restaurant will relocate to the former Benjamin's Restaurant site at Franklin Square, with the new Schiavone's Restaurant opening Nov 6. The Casaia Restaurant at 1907 Tytus Ave will close after dining hours Oct 28.
Portman Co announces promotions in its Monroe operations as the firm grows. Jack Dillon is named territorial manager for Butler and Warren counties. Dillon joined PECO in 1973 and previously held roles in Cincinnati and Middletown. Thomas R. Martin succeeds Dillon as north rental-used cage manager. Timothy W. Stidham becomes north service manager after moving from Cincinnati field service. Portman is a major Clark lift truck distributor with 38 county coverage from Cincinnati Monroe and Lexington.
A wheel from an eastbound car fell onto a westbound vehicle on University Boulevard yesterday afternoon. Juli A. Bennett, 17, of 2819 Moorman Place drove the damaged car, and Gregory J. Mullins, 18, of 1313 Barnitz St, was turning left onto Sorg Place when the wheel fell off Mullins’s car and struck Bennett’s windshield. No injuries reported.
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