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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 10, 1959

Page

2

Stock Splits and Impacts Prospects for Year

Massachusetts readers ask what a stock split means and why it moves prices. The article notes Great Western Financial’s 244 for one split boosted shares by 14 points without a dividend rise and explains three reasons splits can lift prices. It cites Ford’s Inman as new controller and discusses how splits can lower share price to attract buyers, with no guaranteed benefit to holders.

S—F. S Massachusetts Great Western Financial Corporation Westen

State Charters Of Incorporation Hit Mark In 58

Almost 8 500 incorporation charters representing a new 12 month record were issued by Secretary of State Ted W Brown during 1938. Brown used RAI chartare inl.

State Charters of Incorporation Ted W W. Brown Brown

Area Fishing Firms To Attend Meeting

Vermilion Ohio area fishing firms prepare to attend a regional meeting at the Hotel Carter in Cleveland. Key speakers include Charles Jackson of the National Fisheries Institute and officials from Ohio and Canadian wildlife agencies. Directors and local union members will elect officials during the gathering.

Vermilion Ray A. D. Baumhart jFon Ohio Commercialia 13Th Dist Fishermen’s Association Washington Carter Cleveland Charles Jackson National Fisheries Institute Eamings Hi United States Fish and Dept. of Lands and Forests Warner-Lambert Reynaolds Tobacco Warner Ste Cividente Cine DD S. Harder Ray H. Sult van Wil Soul Growth Holding Allied Pany ATW Henry Ford T. Wincerraccuvus Fifth St Broadway Merck Chicago Terry Six Ardman Will Sullivan Joe V. Brown Tself Roger E. Spear Harder the Chronicle

Ardman Optimistic About Coming Year

M. J. Ardman, president of Elyria Furniture Co. and Elyria Weensten, expresses optimism for the year ahead. Meetings set for Monday will be business sessions, while Tuesday’s sessions are open to the public with interest in commercial fishing.

Ardman M. J. Ardman Elyria Furniture Co Elyria Weensten Wannheem Am Leonarg Omstead Omstead Fisheries Ontario Canada

Elyria UAW Leaders Attend GM Meetings

C Franklin Carr UAW international representative for Elyria and Carr Cross and Hager Burkhard union officials of Local 780 UAW attended a two day GM UAW subcouncil meeting in Detroit this week. Educational aspects of use were featured. Cross is president of Local 780 at Elyria Brown Lipe Chapin Division of General Motors. Burkhard is shop committee chairman.

C. Franklin Carr United Auto Workers International Elyria Carr Cross Hager ‘Burkhard UAW General Motors Detroit Cross Elyria Brown-Lipe-Chapin Burkhard

Ford Plant Launches Employee Suggestion Program

Ford Motor Co. Lorain Assembly Plant started an employee suggestion program last week with awards ranging from 220 to 3000 dollars. Eligible ideas cover improvements in manufacturing methods labor materials waste prevention product quality working conditions tools or machinery elimination of safety hazards unnecessary records data material or equipment.

Ford Motor Co Lorain

FAA Seeks Employer For Cleveland Air Route Center

Job seekers may apply to the Federal Aviation Administration Air Route Traffic Control Center at Cleveland. Interviews will be held next week at the Euclid Avenue Ohio State Employment Service Office in Cleveland. Applications accepted 8:30 am to 5:30 pm Monday through Friday with two and a half years of qualifying experience in air route or radar traffic control or airport traffic control or certified airline dispatch.

Federal Aviation “Agency Air Route Traffic Control Center Cleveland Hopking Euclid Avenue Ohio State Employment Service Office

Cold spells reveal furnace weakness and quick fixes

Heating experts note cold spells strain furnaces and suggest calling in a pro. J L Schroeder of Schroeder's Tin Shop 625 Lodi Street Capecue says many faults stem from poor connections and improper heat distribution. Perimeter heating can be installed in existing homes without major disruption, offering even temperatures and faster repairs.

J. L. Schroeder Schroeder Lodi ‘St Glenn Bob A. College

Leadership Training Course Set For USW Leaders

Thirty one members of Local H03 United Steel Workers at National Tube Co Lorain will attend a District 28 USW Leadership Training Course starting Monday at the Carter Hotel. The 10 week program meets weekly and ends with a banquet featuring three $3000 scholarship awards to children of USW members.

United Steel Workers National Tube Co Lorain USW Carter Hotel Cleveland

Two Ford Officials To Retire Jan 31

Two Ford Motor Co top manufacturing executives with long auto industry careers will retire at the end of January marking the end of era for key factory leadership. Their departures close a chapter in Ford production leadership and open transitions within the company’s manufacturing management.

Ford Ford Motor Co

End Seen To Railway Passenger Loss Says Association

Washington PD reports the association criticized the ICC examiner Harold Hosmer for attributing passenger train losses largely to government air and highway competition inflation and high taxes. Philadelphia officials assailed the report as parroting railroad arguments and ignoring declines in service quality while raising rates.

ICC Harold Hosef Hosmer Commission Philadelphia Examiner The

Fatal tanker explosion near Bagley kills relief driver

A tanker truck carrying 5,000 gallons of gasoline exploded near Bagley Louisiana on Thursday. Relief driver Harold B. Stringer was killed and driver Joyce Henry was critically burned. The cause of the blast was not immediately known.

Bagley UPI Harold B. Stringer Joyce Henry

Also Mentioned on This Page

River Falls Fred Sanford Washington Ave Black River L. M. Wells B. M. Davidson Sanford Ford -Ator Co Loraine Fred E. Inman Arthur Larson Steel Division Dearborn Inman Harrisburg Dallas Tex Wighland Park Mich California George Hole Ohio West Warning Broad St. Lesly Firestone Goodyear Bell & Howell Holobach Elyria Township Holabach Hayden Olds Paul Shafer Charles Cambaugh W.F. Carbine U.S. Fish and Wildlife Service Robert Balkovic Hugo Nilson U. S. Service Robert Furgeson Division of Lands and Forests Ford Plant FAA Au. Capelcuee Geveland Oberlin ARTC Bob Schumar K Schumar's Body Shop Cleveland Street Bendix Westinghouse Louis J. Ribel Francis J. Barnot Ribel Lincoln Novi George Sez Geo Prop West Broad Street West Avenue Phage Fairfax LAMCO Lorain Aluminum Manufacturing CO Elyria Brangh Miles Gersgs Doers Steve Hoods J.C. Woodings Wes Ridge Steve Reads Telephone Fairfax Matt's Gonsttionen Rte Bill East Broad Park Avenue Bill McClelland Fior’s Lake Rd Spaghetti House Shively Auto Service East Avenes 4Th Street Dukes Cleveland ST Wm. C. Butler Durkee Road Turkeys Wilford Hatchery Hall Rd Carey’s Lake Avenue Fairfar Abou Graystone Graystone Hotel Jack Knight West Ave Lake Ave West Hilliard and Gulf 4Th St Chronicle Eldotr Broad Street
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