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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 11, 1970

Page

27

Wang Laboratoires stock rise prompts investor questions

A Wall Street Journal monthly list tracks blocks of 10 000 shares changing hands, noting Wang Laboratory's large stake moves due to a 100 percent stock dividend. Despite price weakness from narrowing profit margins, Wang remains a growth leader in calculators and computers with a high price earnings multiple and potential for more share purchases on dips.

Wang Laboratories Wang HSA Wall Street Journal Ee Eitte Wang Family Trust

Cincinnati Shoe Firm May Buy Ressler Ltd

Shoe Corp of Cincinnati agreed in principle to acquire Ressler Ltd a Cincinnati based maker of young men's casual pants. Ressler reported last year sales of 4 million dollars.

Ubi Shoe Corp Cincinnati Paul Ressler, Ltd Ressler

Lorain County business group hosts Goodyear executive speaker

The Lorain County Industrial Management Club meets Tuesday at Tody's Restaurant to hear Willis H. Edmund of Goodyear discuss human relations in business and industry. Reservations via the Lorain YMCA by noon tomorrow.

Lorain Lorain County

Steel output up 4.5 percent in week driven by autos

The Index shows a 0.3 percent week decline as auto losses offset slight steel gains. Auto production fell 10 percent in the current week, marking a 66.2 percent drop from the previous year, with General Motors and other producers affected.

General Motors

Lorain County Mortgage Volume Decreases Week to Jan 7

Lorain County mortgage volume for the week ended January 7 totaled 958 995 dollars, down from 2 655 292 the prior year and 1 352 726 the year before. Chrysler cutbacks reduce inventories while American Motors boosts production to cover shortages from strikes. Steel output rose 45 percent amid price declines, while electric power output fell 42 percent and carloadings slid.

Lorain County Midland Title Security, Inc Chrysler Corporation American Motors Corporation

Turnpike income tops 38 million as traffic soars

Ohio Turnpike traffic reached over 207 million vehicles in 1969 while toll revenue neared 38 million dollars. Turnpike Commission Chairman James W. Shockness announced that nearly 19 million in bonds were retired and debt remained about 206 million of the initial 363 million borrowed. He noted usage of the super highway has more than doubled since 1956.

Shacknessy

On the move Edward W P Smith promoted director of quality

Edward W P Smith a metallurgical engineer is promoted to director of quality and reliability at Bendix Westinghouse Automotive Air Brake Co He will oversee quality across six US and Canada plants He resides in Medina with his wife and three children Elyria and Cleveland Mobile Radio also announce new chiefs Elyrian named chief engineer and William Isenberg appointed to ensure FCC compliance for municipal agencies Isenberg, living with wife Joan and two children at 732 Fairwood Blvd, starts after joining in 1967 Delta Air Lines hires Richard T Day as ramp agent at O Hare following eight week training at Gale Institute parents listed as Arthur W Day and Mrs Day at 416 Beil Ave

Edward W.P. Smith Bendix- Westinghouse Automotive Air Brake Co E E Hupp Smith Canada Medina An Elyrian Cleveland Mobile Radio, Inc Delta Air Lines O Hare International Terminal Chicago Gale Institute Minneapolis Arthur W Day Beil Avenue

Also Mentioned on This Page

AJA Carter-Wallace Federal Drug Administration Miltown Supreme Court Q —I Milton Bradley LHA AMSCO Playskool Playskoo Baltimore & Ohio Railroad Black River John Kenney Busines Home Avon Lake Samuel Sirna Bedford Spanick’s House of Champions Miller Rd Blue Dolphin Lounge Sima Home Builders Association of Spring Valley Country Club Leonard P. Reichlin Woodrow W. Mathna John Fulton Fulton and Goss, Inc Owen Workman Lorain County Savings & Trust Co Howard A. Head the Chronicle Telegram Lorain County Mortgages Niewaerpar Lorain Ohio Pierre R. Smith & CO Phila.galt.wash. Stock Exchange Investment Securities Elyria Savings & Trust Bldg Byria Elyria Sore Ash Rif BID Agm Industries Lee Lonerzan Corp Citizens Home City Bank Ely Say. & Trust Nordson Northern Bank-Ely Oberlin Savings Abe McDonald McDonald & Company
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