Five Days Left in Auto Union Talks With Industry
Five days remain before the United Auto Workers potential strike or production shift as labor and the Big Three negotiate on 1962 model terms. UAW chief Walter Reuther deems offers from General Motors Ford and Chrysler woefully inadequate though the companies push a six cent hourly wage rise for three years and new short week benefits funded from the SUB trust. Local unions in Lorain County respond with strong strike ballots as Ford Local 425 and Brown-Lipe-Chapin Local 780 vote to strike at midnight Thursday if no agreement is reached.
MENTIONED IN THIS ARTICLE
United Auto Workers Union
Automotive Industry
General Motors
Ford
Chryser
UAW
Walter P. Reuther
Hearr
Chrysler
Lorain
Ry Duty
Pagan Pond
General Motor
Lorain County
Ford Local 425
Brown-Lipe- Chapin
Lorain United Polish Club
Telegraph Rd
Local 425
USW
Baumhart Rd
French Technician On Study Tour At Elyria Plant
Max Yribarren a 22 year old graduate of the Ecole Polytechnique Paris spent a month at the American Standard Air Conditioning Division plant in Elyria observing operations design and testing. The program aims to acquaint French graduates with American industrial methods and is privately financed. Yribarren will spend four weeks at the Louisville Kentucky plant before returning to France for a two year army duty and then industry. The school ranks highly among French leaders with many graduates in top posts.
MENTIONED IN THIS ARTICLE
Elytia
Ecole Polytechnique
Paris
Max Yribarren
Woodford Ave
France
Yribarren
State Department
Standard Oil
General Electric
Elyria
Louisville
D. D. Green
Mixed Good and Bad News in Business Outlook
Summer doldrums bring a split in business news with Berlin Communist threats and Detroit auto strike fears depressing markets while government reports show earnings gains. Commerce Dept says third quarter sales may exceed second by 4 percent. New York Central shows a large deficit improvement. Consolidated Foods posts higher earnings on rising sales. Tax cut hopes fade as Berlin crisis dampens Kennedy proposals and tax reform prospects. Census Bureau notes state revenue trends.
MENTIONED IN THIS ARTICLE
Leroy Pops
New York
UPD
Berlin
Detroit
Orate Farm Immnuu-Imsurea Univ
Ohio
Commerce Department
New York Central Railroad
Pennsylvania Railroad
Pennsy
Consolidated Foods Corp
Commerce
Rledges
Insurance Costs Cut For Safe Motorists
Insurance costs are reduced for safe motorists as new rate adjustments take effect this month. The changes reward careful driving with lower premiums and reflect updated risk assessments by insurers.
Trade Cars Check Repair Costs First
The arrival of 1962 model cars raises the question of whether to trade now or keep an old car another year. Merlin Shively of Shively's Auto Service explains that an expert estimate of repair costs can help decide. He notes costs vary widely from 100 200 to 1000 2000 and mentions a new Rev Pol ignition system from Mallory that improves efficiency and engine life.
MENTIONED IN THIS ARTICLE
Merlin Shively
Shivey
East Ave
Fourth St. S
Shively
Merlin
Treasury
Congress
General Shively Auto Service
Dupont/4
Mallory
Mallory Organization
State Farm cuts auto rates for Ohio drivers in 1960
Regional VP Norman R Sleight cites better driving records as the reason for reductions. The policy changes extend medical payments coverage and add a $1000 death benefit, with liability costs down 2.6 percent, comprehensive about 3.3 percent, and collision around 5.6 percent on average.
MENTIONED IN THIS ARTICLE
Wal
Weacl
Norman R. Sleight
State Farm
Sleight
Elyrians Attend UW Banking School Pupil Gatherings
Elyrians attend two separate programs with state bankers and engineers. Don Kropp of 983 Reeves Rd will join the Ohio Society of Professional Engineers summer conference at Camp Muskingum August 28 to September 5 in Carroll County. Spitler and Cox, Lorain County Savings & Trust Co. employees, attend the University of Wisconsin School of Banking two week residence session with about 1 241 students in the Central States Conference.
MENTIONED IN THIS ARTICLE
Don Kropp
Reeves Rd
Ohio Society of Professional Engineers
Camp Muskingum
Carroll County
Robert C. Spitler
Robert A. Cox
School of Banking
University of Wisconsin, Madison
Spitler
Cox
Lorain County Savings &Trust Co
Central States Conference
Bankers Associations
Government Agriculure
Snaricp
Savings and loan rates vs stocks in investment mix
Reader asks whether sav ings and loan associations yielding about 41 percent should beat stocks. Answer favors balanced choice with solid back ing, noting stocks offer growth from rising earnings and dividends, while savings deposits are fixed. Recommends diversifying: portion in savings for security and rest in carefully picked growth stocks.
MENTIONED IN THIS ARTICLE
Savings and Loan Associations
Savings and Loan Association
CBS
Southern
California Edison
Styron
Savings and Loan
Hycon
Hyon
Bank
Regional Homes
OTC
Fields' Stereo TV brings new life to neighborhood barber shop
The Fields' barber shops mix modern equipment and air conditioning with music from a stereo to create a welcoming space. patrons from across the city visit the West Riv and Furnace St shops, drawn by skilled barbers and a focus on customer satisfaction.
MENTIONED IN THIS ARTICLE
Siso
Bob Field
West Riv Fields
Furnace St
Alene
Fields
Ken Phillips
Bob Mathew
Lake Terminal Outing At Country Club Draws 300 Guests
The Lake Terminal Railroad Co sponsored a Thursday outing at the Country Club with over 300 attendees. Golf was popular, a bubet dinner was served, and J D Henry acted as toastmaster for a short program. Prizes included golf balls and clubs, with door prizes awarded. Parking was ample and the shop hours were 9 am to 7 pm daily except Wednesdays and Sundays.
MENTIONED IN THIS ARTICLE
The
Lake Terminal Railroad Co
TOU Wiene
Watie
J. D. Henry
Creek
Lete
Labor Union Calendar and Local Meetings
Tomorrow Local 1232 and Local 4378 schedule upcoming meetings. Elyria Telephone Co. Local 4910 joins USW and United Food discussions.
MENTIONED IN THIS ARTICLE
Elyria Telephone Co
USW
United Food
NoRoach kitchen pest control product ad
An advertisement promotes NoRoach to kill roaches and ants and fleas by brushing on dogs or in areas where they lie. The colorless odorless coating lasts about one month and is safe to use. Available in 3 oz for 89 cents, pint for $1.69 at Day's Home Gray's Marshall's Standard's and local drug stores.
MENTIONED IN THIS ARTICLE
Gray's
Marshall's
Standard's
Also Mentioned on This Page
Labor Scene
By Robert Daniels
P. R. Smith & CO
Balog Elyria
Soa
Army
Kennedy
David Bell
Census Bureau
Elyrians
UW Banking School
Angelina
Lake Ave
Cleveland St
Lagrange, Ofio
Roger E. Spear
Columbia Broadcasting
Southern California Edison
Stvlan
Lake Terminal
Guartomers
Labor Union Calendar
Ortner’s Air Service, Inc
Birmingham
Woodland
Bill’s Radio & TV
Wm. C. Batier Rie
Darkee Road
LAMCO
Lorain Aluminum Manufacturing CO
Lodi
Bob Schumar
Schumar’s Body Shop
Cleveland Street
Bendix-Westinghouse
Walt
Broad St
Wrap Mall Bros
Cook Rd
Olmsted Falls
Turnpike
Sam Malick
Grafton
Shafer Industrial Equipment Co
East Griswold Road
Fairfax
Bill Shafer
Ed Shafer
Bill
East Broad
Park Avenue
Bill McClelland
Minnesota
Anderson
Capri
Armstrong
Georgia Pacific
LA Grange Lumber Railroad
LaGrange
Paul
Paul Kanuch
B. Abbe Road
Phous EM
Koplin’s Drug Store
Lodi Street
Trerene Ys
Lacasse Eee
Shott Tractor Sales
Ford Industrial Equipment Sales
Oberlin RD
Call Jack Flowers
Roosevelt Avenue
East Avenue
4Th Street
Elyria Sign Company
Center Ridge Rd
North Ridgeville
E. Griswold
Northeast Buildings Inc
Jas. C. Leimbach — H. van de Voort Commercial & Industrial
Armco Steel Buildings
U. S
East Bridge St
Eldorread Co
Wari
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