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Roswell Daily Record in Roswell, New Mexico

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

Dec 24, 1965

Page

8

Zale Pushes Toward 100 Million in 1965 Sales

Zale Corp. expects nine month sales to hit the 100 million dollar mark for the period ending December 31 1965 surpassing its previous annual high. President Ben A. Lipsky cites strong December results and an expansion program adding 45 stores since April plus joint work with IBM to connect 492 stores. The company has expanded into drugs with Skillern and toys via Southland Distributors.

Zale Corp Ben A. Lipshy Mil Lipsky Zale Corporation

Interstate Securities Earnings Rise 17 Percent in 1966

Interstate Securities Co. reports $1,226,666 net income for the year ended Oct. 31, a 17 percent increase from 1965. After preferred dividends, earnings equate to $1.01 per share on 910,539 common shares. Last year, 80 cents per share was earned on the same share count. Total receivables outstanding.

Kansas City Interstate Securities Co Paul Hamilton Jr Reveal Interstate’s Board of Directors

Santa Fe Road Expects Increase in Revenues

Santa Fe Railway president Ernest S. Marsh announced a year end forecast of at least 2 percent higher transportation revenues in 1966 due to strong industrial production and favorable agricultural moisture. The plan includes a $145 million capital program for 1966, with over 5,000 freight cars and 60 road diesel locomotives, plus major track and shop improvements.

Santa Fe Railway Ernest S. Marsh Ture Santa Fe Marsh Kansas City Kan Barstow Calif

Atlantic Gulf exploratory well completed by Lavan Petroleum

Lavan 2S-1 offshore Persian Gulf discovery well flowed 7,488 bpd of crude at 500 psi with 248 scf/bbl gas oil ratio. Drilling began Aug 31 in Block 2, offshore southern Gulf. depth 9,551 feet. Proposal to name discovery area Sassan. ownership shared by Iranian and American partners including Atlantic Refining Co. and MIOC-Atlantic Group.

Dallas Tex Atlantic Refining Co Lavan Petroleum Co Persian Gulf National Iranian Oil Co Murphy Oil Corp Sun Oil Co Union Oil Co California Atlantic Lavan Mioc-Atlantic Group Block 2 Gulf Sassan

Malone Completes Bear Manufacturing Safety School Training

Melvin H. Malone of 904 S. Washington finished training at Bear Manufacturing Company's automotive safety service school in Rock Island Illinois. He learned linement balancing and frame straightening using the latest techniques. Malone works at A and G Texaco, 2512 W. Second.

Melvin H. Malone S. Washington Bear Manufacturing Company Automotive Safety Service Rock Island Ill Malone Bear A & G Texaco

Oil Show To Honor Pioneers

The Old Timers committee of the International Petroleum Exposition announces a twelfth Pioneer ceremony honoring oil and gas pioneers begun by John D. Rockefeller Sr. in 1927. Six divisions will award a Pioneer of Pioneers from 50+ years active, plus Grand Old Man honors for 40+ years in production refining pipeline natural gas and more with gold pins for registrants.

John D. Rockefeller Sr William J. Sherry

Engineer Hahn Registered In New Mexico

W K Hahn moved from Washington D C to Roswell this year and has been approved and registered as a professional engineer in New Mexico. The New Mexico State Board announced the registration this month. Hahn was formerly chief structural design engineer for a Washington firm and directed Smithsonian Institute building design. The couple reside at 1509 Greenwood Ave.

W.K. Hahn Roswell Washington, D.C New Mexico Hahn Washington Smithsonian Institute

Warning To Oil Producers On Competing Industry Trends

Houston AP reports two opposing trends threaten U.S. oil output. Drilling fell in 1965 as crude production rose to record levels, with 7.79 million barrels daily this year and an expected 8 million in 1966 due to Viet Nam actions. Texas also shows rising output but declining drilling, with 13k wells expected in 1965.

Houston, Tex U.S Warren L. Baker American Association of Oilwell Drilling Contractors Baker Viet Nam Texas

Texaco to Buy Federal Chemical Plants and Warehouses

Texaco Inc will acquire the inventory and assets of Federal Chemical Co Division of National Distillers and Chemical Corp in a cash deal effective January 1 1966. Federal Chemical headquarter offices are in Louisville Kentucky and the nine plants are Cranbury New Jersey Columbus Ohio Butler Indiana Peru Indiana Whitewater Wisconsin Omaha Nebraska Nashville Tennessee Humboldt Tennessee and Louisville Kentucky.

New York Texaco Inc Federal Chemical Co National Distillers and Chemical Corp Federal Chemical Louisville Texaco Cranbury N.J Columbus Ohio Butler, Ind Peru, Ind Whitewater Wis Omaha, Neb Nashville, Tenn Humboldt, Tenn Louisville, Ky

Also Mentioned on This Page

Fordland N. Main Wyatt Zale Dition of Southland Distributors Lipshy Yale Zale’s Interstate Securities Santa Fe Road Hamilton Interstate Nedlungs N. Richardson His Greenwood Ave W. K. Hahn Jack Henry Plains Park Ken Pritchard Kirk Hays David Fisher Noel Jesus Christ North Main Roswell S.1.c. Finance
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