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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Aug 26, 1961

Page

15

Banks Move Toward Electronic Check Sorting Nationwide

A Federal Reserve survey shows over 80 percent of banks and branches are preparing checks for electronic sorting. It finds more than one in three checks bears magnetic ink characters and is designed for high speed processing. Ohio personal income reached a 1960 record of 22.78 million, up 4 percent, while national personal income surpassed 400 billion, up 5 percent. Ohio per capita income rose to 2339, above the national 2223.

Federal Reserve Bank of Cleveland American Bankers Association Federals Reserve Office United States Federal Reserve Cleveland Ohio Pennsylvania Kentucky West Virginia Rse

U S Steel Develops Lighter Thinner Tin Plate

United States Steel Corp announces Ferrolite 10 a lighter thinner tin plate now sold commercially. The firm says it suits cams for frozen citrus juice concentrates and motor oil. Ohio common stock holdings total 2 274 237 shares while preferred shares stand at 123 038 at end of June.

United States Steel Corp Ohio Preferred

Railroad taxes give schools half a million

Lorain County schools received 434,753 from railroad property taxes in the last year. The Railroad Community Service Committee of Cleveland announced the statewide total of 22,753,372 property taxes paid by railroads in 1960, with 14,760,136 earmarked for public schools statewide.

Lorain County Railroad Community Service Committee of Cleveland

Bowles Promoted at B F Goodrich Avon Lake Center

Robert L Bowles of Sheffield Lake has been promoted to senior development scientist at the B F Goodrich Chemical Co Development Center in Avon Lake. He joined in 195? after earning a BS and MS in statistics from Iowa State College. A Wheat Ridge native, Bowles and his wife reside at 80 Nirving Park.

Robert L. Bowles Sheffields Lake B. F. Goodrich Chemical Co Avon Lake Bowles B. F Goodrich Iowa State College Wheat Nirving Park

Over Counter Trade Action Generally Slow

Over the counter traders held positions with light action and small price changes on Friday. Unlisted securities demand was modest, with few notable moves among Industrials and utilities. New issues appeared with limited impact as Lincoln and Franklin rose slightly and Ore-Ida Foods and Blue List Publishing showed minor gains amid overall cautious market sentiment.

New York HTNS iLife Insurance Co New York City Lincoln Franklin Ore - Ida Foods Blue List Publishing

New Subdivision Opened by Elyria Developers

Shives and Bradstock announce Fairwood 1 and 2 to the east of Abbe Road and north of the Ohio Turnpike in Elyria area. It marks the third area developed by the local firm in Elyria city, joining Cascade Colony 3 and 4 and Sycamore Woods with 24 lots at the north end of Hawthorne and Longfellow streets.

Fairwood 1 Shives Bradstock Elyria Area Abbe Rd Ohio Turnpike Elytia Cascade Colony i Sycamore Woods Hawthorner and Longfellow Sts

Elyria Native Is Promoted Patent Attorney for St. Regis

Clyde H. Haynes of Elyria has been appointed patent attorney for St. Regis Paper Co. in New York. A graduate of Elyria High School with an electrical engineering degree and a Western Reserve University law degree, he will start in New York and move to the Nanuet technical center in fall. He will liaison with outside patent counsel and coordinate patent, trademark and licensing matters for the company and its subsidiaries.

Elyrian St. Regis Paper Co New York Clyde H. Haynes Archie Haynes West River Rd North Elyria High School Haynes Western Reserve University Nanuet N. Y

Improvement Seen As Employment Picture Brightens

Elyria Ohio offices report a brighter job outlook with August listing 109 help orders and year to date gains. Forecasters and union concerns linger over potential auto industry strikes while placements rise across labor clerical and professional fields.

John R. Harrison Foster P. Dirnard United Auto Workers Union Sears Ham Elyria Ohio Idustry Dirlam Elyria Oses U.S. Department of OSES Lorain County Diriam Broad St Dire ‘Lam Harrison

Carey's Villa Clambake Opens Season Tuesday Night

Carey's Villa at 1906 Lake Ave announces the first clambake of the season on Tuesday night with chicken and lobster tail options, corn, endless clams, and clam broth. Reservations welcome but not required, with entertainment and extended facilities for a standout event supervised by Wesley Klopfstein. Future bakes planned for September and October with dates to be announced.

Carey’s Villa Lake Ave James Davis Jim Carey Biet Wesley Klopfstein Cleveland Hermit Club Janetl Kriesen Jbe Entertainment Jan

Northern Savings Ranks 80th In State Of Ohio

Elyria's Northern Savings and Loan Association is among Ohio's 100 largest according to figures from the Ohio Savings and Loan League. It ranks 8th in total assets with 72,325,404 and 80th in total savings with 19,982,567. The league shows Ohio's top 100 hold over 4.5 billion in assets and over 4.2 billion in savings. There are seven savings and loan associations in the state.

Elyria Northern Savings and Loan Association Ohio Ohio Savings and Loan League

Also Mentioned on This Page

Elyria Concrete Step Co Oberlin Road Herings Tavern Huron Ye Poe Broad Street Capitol Theatre Lake Avenue Fairfax Graystone Gec Graystone Hotel Wir Elyria Clark St. and Park Pl Eic Botamer Florist Wellington South St Chicago New Orleans Miami Aquamarine Swimming Club, Inc Walker Miller Warren Lot Sotherden Meister, Inc Lorain County Bank Building B. F. Goodrich Court Street Begoodrich Elyria, Ohio LSI Eloy Ladoore Pricen U.S. Steel Barber Shop Furnace West River North Barbers At Bob Fields Ken Phillips Bob Mathewson Brunswick Chronicle- Telegram RE. 113 Dave Wilding Robert 1. Bowles The Chronicle Berlin Spii Mme Eastern Victor Whitehorn Whitehorn Herald Tribune Sian Toract Lanolin Plus Hazel Bishop HEB Lanolin McGarvey Nautical Virginia Cryis T Dalton Sonotone Broad & Washington By Robert Daniels Northern Savings
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