U S auto industry eyes orient market
UPI report notes Japan dominates the Orient auto scene with Datsun and Toyota leading a 3.3 million yearly output. Ford Motor Co. chairman Henry Ford II criticizes Japanese policy as shortsighted while U S and European makers eye strategies such as investing in Japan or partnering to gain overseas footholds. A patent pool crackdown and selective capital flow are discussed as options. Event also lists Robert F. Kizer elected executive vice president of Lehigh Stone Corp with a Hillsdale College background.
MENTIONED IN THIS ARTICLE
David W. Chute
Detroit
UPI
Orient
Japan
Datsun
Toyota
Ford
General Motors
Far East
Honda
Chrysler
Henry Ford II
Ford Motor Co
Ward
Automotive Reports
U. S
Europe
Oriental Economist
Eng
Lish
Tokyo
Lehigh Stone Corp
Kankakee, Ill
Robert F. Kizer
Kizer
Lehigh
Medusa Portland Cement Co
Hillsdale College
Michigan
Propeller Club of
United States
American Marketing Association
National Defense Transportation Association
Market edge slight as stocks drift higher in early trading
UPI reports a cautious gain in the first hour with the Dow advancing and the stock market indicator up 0.16 percent on 1,256 issues. Steels and autos show mixed moves as GM sales rise while Ford Chrysler and AMC report softer December period figures.
MENTIONED IN THIS ARTICLE
New York
UPI
Ford
Chrysler
American Motors
General Motors
Sinclair
Cities
Hess
Amerada
IBM
Control Data
Motorola
American Research & Development
Allegheny
Lynch Promoted to Tax Law Specialist for IRS
William Lynch an IRS field agent in New Castle for 12 years is promoted to tax law specialist and reassigned to the national office in Washington DC. He and wife Alberta will move January to Lanham Maryland with their sons Jon and Joe. He is a St Francis College of Loretto graduate and served in the Navy. In a separate crash Paul Fishovitz 55 struck Albert Zarilla 38 on Moravia and Sutton streets with no injuries. Fishovitz cited for right of way violation exception.
MENTIONED IN THIS ARTICLE
William
Billy) Lynch
Internal Revenue Service
New Castle
Washington, D.C
New Galilee RD 1
Alberta
Jon
Joe
Lanham
Lynch
St. Francis College
Loretto
Navy
Paul P. Fishovitz
Thorn St
Albert Zarilla
W. Cherry St
Moravia
Sutton
Fishovitz
Merger of firms reported between INTERPACE and Lapp Insulator
PARSIPPANY N J Hugh F Kennison president and chief executive officer of INTERPACE Corp and Brent Mills president of Lapp Insulator Co Inc jointly announced an agreement to merge Lapp stock 289 002 common shares will be exchanged for 800 000 INTERPACE common shares The deal awaits stockholder approval Lapp based in Le Roy New York makes high voltage porcelain insulators with 1967 sales at 31 million INTERPACE serves Construction Consumer and Industrial markets and would operate Lapp as a separate division under current management
MENTIONED IN THIS ARTICLE
Parsippany
N.J
Hugh F. Kennison
Interpace Corp
Brent Mills
Lapp Insulator Co., Inc
Lapp
Interpace
le Roy
N.Y
Kennison
Michael elevated to manager at U R Product Lab in New Castle
Michael, longtime product development engineer, is named manager of Universal- Rundle Corporation's Product Development Laboratory in New Castle. A 1967 hire, he is a New Castle High School alumnus with a BSB A from Youngstown State University. He and his wife Janice Myer reside at 1504 Highland Ave. he is the son of Mildred Peterson and the late Orville E Michael.
MENTIONED IN THIS ARTICLE
New Castle
Dean
Michael
Universal- Rundle Corporation
U-R
New Castle High School
Youngstown State University
Janice Myer
Highland Ave
Mildred Peterson
Frank Ave
Orville E. Michael
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Fuller Brush Co
Joseph B. Burns
William A. Buzick
Center
Consolidated Foods Corp
Alfred C. Fuller
Fuller
U.S
I Alec
Coca Cola
Comw Edison
Consolidated
Nat Gs
Vy Crane
Curtiss Wright
Ys Dupont
Ms Eastman
Firestone
General Dynamics
Goodyear
Great Atl & Pac
Greyhound
Gulf Oil
Hershey
Internat Harvester
Int
Tel & Tel
Jones & Laughlin Ti
Joy Manufacturing
Kresge
Yelanese Steel
National Dist
Rck
Penney
Penn D Cm
Penn Pow
Penn NY Cen
Pepsico
Phillips Pet
Vy Polaroid
Pullman
RCA
Reading Republic Steel
Sears Roebuck
Standard Oil Cal
Standard Oil Ind
Standard Oil NJ
Standard Oil Ohio
Trans World Air
Union Carbide
United Gas Imp Uniroyal
United States Ply
United States Smelt
United States Steel
Wvap&p
Western Union
Wsing Electric
Wheel-Pitts
Woolworth
Xerox Corp
Youngston Sheet Tb
Zenith Vysz
Waldman
Sampson St
AYA Markets
Westgate Plaza
West Long Ave
Ray
Butler Avenue
U-R Laboratory
Coats—Strauss