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Newspaper
Monroe Evening Times
Location
Monroe, Wisconsin, United States of America
Date
Dec 12, 1961
Page
4
New York rates drift higher as money policies and improving business mood push up short and long term rates. Fed may raise discount rate while administration weighs impact on growth, housing, and consumer spending. bank lending, savings, and investment flows shift in response.
Hampton Lindholm of Darling ton was elected president of the Lafayette County Sheriff's Association at a weekend Christmas party and business session. Other officers named were Pred Meyer of South Wayne as vice president and Ervin Beck of Shullsbury as secretary-treasurer. The event, attended by 63 persons, was hosted with Sheriff Mrs. Fern Thompson and her husband Chief Deputy Edward Thompson.
Howard T. McCormick resigned as president of the American Stock Exchange and Michael E. Mooney, the general counsel, also stepped down. A public statement cited recent publicity as the reason to sever ties. Joseph F. Reilly was elected president pro tem amid the shakeup.
Kiwanis will host the county 4 H agent and county livestock judging team members at a 12 15 p m Thursday meeting in the Swiss Wheel. Gramling will explain the county Extension service role as Kiwanis funds help send the team to Kansas City for nationals after winning top state honors.
Louis G. Hupp of Detroit associated with Hupp Schiontey firm and later a real estate developer died after a long illness. In Santo Domingo, 85 year old Msgr Ricardo Pittini titular archbishop died after a long illness. In Coatesville, Otho Evans Lane aged 81 retired board chairman of Reliance Insurance Co died Sunday.
Madison The traffic accident reporting system will not gather information on seat belt effectiveness as Wisconsin enforces the first auto seat belt law. The 1961 Legislature requires uniform reports on serious injuries or deaths, to aid road safety, education, and possible rule changes. James Karns, MV Commissioner, said space for seat belt reporting was considered but discarded due to other items. The form committee represented MV, sheriffs, county officers, and police chiefs.
The State Bar and the Wisconsin Council of Safety discuss a belt law data plan. The Traffic Patrol will track belt related accidents while Cornell coordinates a re research program. Wisconsin leads in belt mandate with cities averaging 26.91 tax per thousand in 1960, up from 23.24 in 1954.
State and Green County figures show Monroe will get 23031 as its portion of utility taxes returned to communities this week. Wisconsin will distribute 22772503 this year with cities towns and villages receiving 65 percent, counties 20 percent, and the state 15 percent.
Edmund E. Anderson 55 resigns as styling director of American Motors Corp after seven years. His exit marks the third top styling departure this year in the auto industry following George Walker’s Ford retirement and Virgil Exner’s Chrysler resignation.
Milwaukee two optical company officials were reindicted in U S District Court on price fixing charges. Alton K Marsters of Rochester New York vice president of Bausch and Lomb and Victor D Kniss of Southbridge Massachusetts vice president of American Optical were ordered to appear by January 8 before Judge Kenneth P Grubb. The re indictments follow a prior dismissal under the Sherman act now updated under the Clayton act. No corporate dismissal action yet.
The notice urges readers to travel safely in a dependable car and points to the Classified ads for real bargains, reflecting a period tone about consumer tips, legal framing via Sherman anti-trust law context, and daily listings.
Shell tests show a winter fuel blend using butane pentane anti-icer and additives to prevent carburetor icing. In a 40 Below lab, moisture and temperature are manipulated to form ice. the anti-icer coats carburetor parts to guard against stalls and improve cold weather performance.
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