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This newspaper page contains 14 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 04, 1959
Page
14
Labor Scene notes steel industry managers forecast continued production decline as time passes with increasing certainty, suggesting a softer market into the summer and early autumn. The article cites ongoing trends and managerial views on demand and capacity.
Ohio faced a tough year for labor with 3.2 million man days lost to 350 stoppages affecting about 215000 workers. In Q4 1958, 91000 workers walked out causing 1.33 million lost days, led by Toledo. The steel industry and buildup in negotiations shape 1959 prospects despite hopes for a building boom and rising stockpiles.
United Steelworkers will meet with individual steel companies in the week of May 18, then four man teams will negotiate. Key firms include Allegheny Ludlum Armco Bethlehem Colorado Fuel and Iron Great Lakes Inland Jones & Laughlin Kaiser Republic U.S. Steel Wheeling Steel and Youngstown Sheet. Union reps are McDonald Abel Hague and Goldberg. Company reps include Cooper Larry Lamb and Morse.
Milan news opens with Dr H A Currier M T D C establishing a local chiropractic office above the Milan Inn. A Willard High School graduate and six year U S Navy veteran, he trained at Texas Chiropractic College and the Franklin School of Massage and passed the state medical board last year. He is married with one child.
Village Planning Board members met with village engineer T. J. Neff to discuss road allotment and drainage specifications. Knobie serves as chairman for the first time, replacing William Jamie who resigns. Board reorganizes at the April 30 meeting.
Kenneth E. Consaul of Sheffield Lake has been granted a patent for a novel filing folder. The design uses slits for multiple colored index tabs, each tab adjustable to indicate a specific period of the year. The filing aid aims to streamline organization for office work and record keeping.
A labor union calendar lists daily notes from Sunday to Thursday with multiple locals. Entries include IAM Local 139 and 330, USW, Beck Mechanics, UAW councils, Elyria painters and molders, Cleveland Quarries, Lorain Ford and Bendix Westinghouse, Local 971, 996, and more. The schedule also references Local 64 Elyria Bricklayers, Local 1202, Local 15 Building Trades agents, Local 758 Laborers, Local 705 Lorain Carpenters.
The Cleveland Atom Fair will stage Industry Day next week with a Friday program showing basic information on using atom energy in manufacturing. A panel of experts will demonstrate tracers and gauges for industrial problems as the major nuclear exhibit opens Monday at Cleveland Public Auditorium with exhibits displayed all week.
Northern Ohio Telephone Co reports first two months of 1959 net income at 329960, up 127301 from 1958. President William C. Henry notes January February gross operating revenues totaling 1705875 versus 1343946 in the prior year.
The Thew Shovel Co announces a new front end loader named the rain Moto-Loader. It is a two yard, four wheel drive machine replacing an earlier Moto-Loader model after more than two years of producing front end loaders. The trade name is now applied to this product.
Elyria native Walter Zander retires after 51 years with Porsch Lumber Co. since May 4, 1908. He served in every role from deliveries to general superintendent, and now plans flower gardening and woodworking. Denis J. Ryan, owner, honors Zander with a dinner and presents woodworking tools. Zander remains active in St. John's Lutheran Church and bowling, living at 446 South St with wife and two grown children nearby.
The Cleveland Division of ace Co. opens the largest food distribution center in Ohio on a 47 acre site to serve TT stores in Northeastern Ohio and Northern Pennsylvania. The facility houses offices for all Cleveland Division staff and an IBM controlled random access accounting machine handling inventory, shipments, and management data. Store managers use sense cards. the machine reads them and directs item location with magnetic memory. From order to shipment processing is electronic and mechanical. The main building could cover 14 football fields and includes a meat distributing plant with a beef cooler and related maintenance departments.
Norwalk Truck Lines acquires a modernization with 290 aluminum Fruehaut trailers of 35 feet and 75 units of 40 feet. Plans include replacing almost all of the Norwalk fleet, one of the nation’s largest, comprising 1,200 tractors 700 straight trucks and 2,800 trailers.
Investment counselors tout chart analysis as the edge in stock picking. John Magee, a Springfield pro, employs about 20 staff to forecast market moves from charts and has produced 14,000 copies of his work. He argues past chart patterns reveal future action, like Dow theorists, and keeps a secluded WOTKENOp lab to stay detached from daily noise.
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