16 Feb 1960
Page 1
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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Feb 16, 1960
Page
1
A Odessa advertisement promotes Hertz rentals offering a clean new Chevrolet or similar car with gas oil and insurance paid. The deal charges $10 for a full 24 hour day plus 10 cents per mile and emphasizes worldwide availability.
New Jersey inventor George Pandapas says U S government bid rules requiring two bidders harm defense and space progress by sidelining patented proprietary devices like his slip rings used in missiles. Electro TEC operates three plants and seeks two million dollar contracts with General Motors and Raytheon while urging congressional review.
In Wilhelmshaven Germany the last coal fired war ship in NATO navies the minesweeper Seeschlange Sea Snake built in World War I to burn coal to save oil was decommissioned and would be converted into a station.
Sen Allen J Ellender of Louisiana, chairing the Senate Agriculture Committee, hosted a lunch for 15 female newspaper correspondents in his Capitol office. He prepared gumbo and other Creole dishes, discussing recipes and his culinary skills as part of a congressional press series.
In Waynesburg Pennsylvania UPI reports Kenneth Watkins his wife and two children suffered a second fire disaster after moving into a new Mt. Morris home built to replace a June 14 blaze that destroyed their previous residence. The family sought shelter and began reconstruction efforts afterward.
Flint, Michigan implements ranch style primary units for kindergarten through third grade to ease crowding. The self contained homes feature kitchens and toilets, blend into neighborhoods, and can be built in months. Each unit costs about 11 050 dollars, half the typical elementary room price, with easy future conversion possible.
New York report cites Standard & Poor's outlook noting stock declines stem from adverse stock bond yield ratios rather than business fears. It points to past diverging trends, cites the September 1946 market break, and notes auto sales softness but a strong year if buying power remains. It highlights potential gains in money markets and residential building. references Beckman Instruments and Investor's Union Inc. with mention of the Robodyne transferobot.
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