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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

Feb 07, 1959

Page

2

Investment reader asks about growth value of low priced stocks

A Pennsylvania reader signing as Small Ambitious Investor submits a list of low priced stocks. He asks for opinions on Continental Transportation Lines Utah Southern Oil West Ohio Gas California Electric Power and Getty Oil for growth and appreciation in this high market.

Pennsylvania Continental Transportation Lines Utah Southern Oil West Ohio Gas California Electric Power Getty Oil Conttinental Transportation Midwest Interstate Commerce Commission Teamsters’ Union Continental Utah Southern Colorado Wyoming Aztec Rocky Mountain Ohio California Electric Mideast Getty Tidewater Oil Gelly

Whirlpool adds RCA Whirlpool line at Ryan Appliance

The Ryan Appliance Co announces expansion to include RCA Whirlpool home appliances and service coverage for refrigerators, washers, dryers, and freezers in gas and electric models. The store also carries Zenith, RCA, and color TV lines and offers full service for all appliance brands.

Ryan Appliance Co 402 Fast Ave Walter Ryan Ryan RCA Ryan Appliance Zenith

Electronics and missiles stocks offer speculative picks in 1958

The Chronicle Telegram notes several high risk tech and defense stocks. Temco Aircraft, International Telephone and Telegraph, Textron, and Raytheon are suggested. Avion, Telegrapher, and others are mentioned as potential buys. Caution urged: these shares can fall as well as rise. Roger E. Spear invites investment questions.

Electronica Bes International Tel. & Tel Texag Instruments Raytheon Shoreway Sheffield Lake West Coast North American Nos Cleveland Sagi Continental Defense Tomeco Temco Navy Roger E. Spear Chronicle-Telegram

Bermuda Sports Holiday Planned For Next Month

Travelmart promotes a Bermuda Sports Holiday for travelers from Cleveland to fly to New York, then depart for Castle Harbor Hotel Bermuda. The all inclusive package costs 222 dollars including golf at 3 pm, two meals daily, lodging, and a cocktail party. Departure is Wednesday March 11, return Sunday March 15, with 8 am airport check in.

Cleveland Elyria Coffee Mart Bermuda New York Chuck Lawson Antimuda Castle Harbor Chuck Bill McClelland Irip Bill Mobil Park Ave Broad Fene Aetan Travelmart

Changing Face Of Nation Service Businesses Ousting Production Firms

UPI editorial notes a shift as service industries outrun traditional production sectors. Economists Zelemek and Firn discuss rising service demand, automation limits, and 57 percent of national income from services, with per capita purchasing power up 19 percent in the last decade.

Elmer C. Walzer UPI Zelemek New York A. Wilbert Zelemek International Statistical Bureau America Ae Ee Zelomek Omek

Price Elected President of Fruehauf Credit Union

Joseph Price was elected president of the Fruehauf Employees’ Credit Union Inc at the board meeting for the 1959 term. Charles W. Capstick becomes vice president. Richard Scheid is reelected treasurer. William S. Turton becomes secretary. new directors include David R. Moore and L. W. Morehart. The union serves 778 members all at Fruehauf Trailer Co Avon Lake. a 3 percent dividend was declared for 1958.

Joseph Price Fruehauf Employes’ Credit Union, Inc Albert K. Zickuhr Slack Steve Demyan Turton Price Fruehauf Trailer Co Avon Lake Paul Butder Dean Obitts Eugene Zack

Industrial Department Is Proposed in Ohio

Columbus Ohio January 1 1960 Gov Michiel V DiSalle announced plans for a proposed department of industrial and economic development to consolidate state agencies. A one day meeting at the Youth Center Building on the state fair grounds February 18 was set with over a thousand invites. DiSalle said the move could be the administration’s most important initiative and that many requests favored the new department.

Columbus UPL Plains Department of Industrial and Economic Development Michiel V. DE Salle Youth Center State Sale Ohio Hanna DiSalle

Wakeman Man Wins 1500 Award for Plant Suggestion

Willan Wilson, a manufacturing clerk in Ford Motor Co's Lorain plant, earned 1500 for a plant suggestion. While at the Buffalo Assembly plant, he and a former coworker developed an improved method for fastening the courtesy light wire harness, and Wilson lives in Wakeman.

Willan Wilson Ford Motor, Co Loral Fem Ford Buffalo Wilson Lorain Wakeman

GM and Ford Production Rise in January

General Motors boosted passenger car output in January to 283,630 units, including 152,163 Chevrolets, up from 274,866 Chevrolets a year earlier. Ford reported production at 302,?units more than January 1958, indicating a rise in output for the month.

Ford Motor Coach General Motors Ford

Ford Workers Averaged $2.74 An Hour In 1958

Ford employees averaged higher earnings in 1958 with an average hourly rate of $2.74 and weekly pay around $108.88, a record high. The report details wage trends, unemployment claims in Lorain County, and factory electrical issues affecting performance amid a late year surge in Ford demand.

Ford Fords John S. Bugas Lorain County Bureau of Unem Elyria New Lorain Ferator de-Elyria Lorain Ely

Also Mentioned on This Page

Ti Elyria Area Business News Roger Spear BF Goodmeth Chemical Co Robert Williamson Feft Elyra Coca-Cola Bottling Co Helen van Wagner Elizabeth Doyle Fruehauft Credit Union Turkeys Wilford Hatchery Hall Rd Kivria Chimber of Commerce Toed Ohio State Employment Service Office St Lawrence Seaway Judson Ro Allstate Insurance Co Hei Allstates New Ohio Shaker Heights Allstars Sears. Roebuck & Co Page’s Heating & Sheet Metal Lagrange Elyris DON Beal Inc Adams St P.O Box Park Avenue Gravstore Hotel Rennes Seebic Aceary Towerr Saad Broad Street Fior's Lake Rd Spaghetti House East Avenue 4Th Street Ray Tasty Tri Ian Cleveland ST Carey’s Lake Avenue Fairfax Jack Knight Dry Cleaner West Ave Lake Ave West Hilliard and Gulf 4Th St RCA Victor
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