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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Elyria
Northern Savings and Loan Association
Ohio
Ohio Savings and Loan League
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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
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Virginia
Cryis T
Dalton
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Broad & Washington
By Robert Daniels
Northern Savings