Overseas earnings consolidation shapes profits for IBM era
New York reports that IBM and other firms emphasize consolidated foreign operations as a key for earnings. Analysts note tax rules and currency freedom drive consolidation, with 1963 foreign gains shaping decisions and some firms deconsolidating amid currency instability.
MENTIONED IN THIS ARTICLE
New York
International Business Machines Corp
IBM
Gverse
New York Stock Exchange
Exchange
Singer Manufacturing
Ajment
U.S
Paper and lumber giants hire 8000 foresters to grow and harvest
Washington based report states the largest U.S. paper and lumber firms now employ about 8000 professional foresters. Their roles include growing new trees to replace standing timber and supervising scientific harvesting practices to protect timber resources.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Lear-Siegler Wins $566000 Cleveland Power Unit Contract
Lear-Siegler Inc Power Equipment Division in Cleveland was awarded a $566,000 follow-on contract to produce auxiliary power unit starter generators. The generators, built for Continental Motors Corp pr oviding cranking power for the Army AFU unit, support mobile electrical power for Army elements. Seven Lear-Siegler plants operate nationwide, including Elyria, Ohio.
MENTIONED IN THIS ARTICLE
Cleveland
Lear - Siegler Inc. Power Equipment Division
Continental Motors Corp
Army
AP Atte
St Venice
Lear-Siegler
United States
Elyria
Elyria native named VP and director at American Brake Shoe Co
Robert W. Biggs, a native of Elyria residing in Chagrin Falls, is named vice president and director of the American Brake Shoe Co. He will keep his duties as president of S. K. Wellman Co., Bedford, an American Brake Shoe Co. subsidiary. Biggs formerly served as vice president of Ball Bros. Co. in Muncie, Ind. before joining Wellman Co. in 1954.
MENTIONED IN THIS ARTICLE
Robert W. Biggs
Elyria
Chagrin Falls
American Brake Shoe Co
Biggs
S. K. Wellman Co
Bedford
Ball Bros. Co
Muncie
Ind
Wellman Co
Union execs to stay in office in Lorain district races
Local 4849 and Local 1242 hold elections June 16 and 17 with incumbents and several nominees. The slate includes treasurers Robert Ferencz and Charles Meyers, vice presidents Thomas Penfield and William Barkas, and multiple candidates across Local 4829 4839 1242 and 1282 for grievance committee guard and trustee posts. Voting spans Lorain Plant Nos 1 and 4 with specific time slots.
MENTIONED IN THIS ARTICLE
Ofmitteemas
Elyria
Fice
Steel Workers
Robert Zelina
Mike
Siska
James Sennenn
Loram
Nick Panchula
Robert Ferencz
Keebring Co
Robert Bloedorn
Wor
Joseph Pay
Charles Meyers
Franklich
Knary
Werner Wiech
Pax- Usw
Mem-Llich
Jobribers
Thew
Lorain
Joseph DeLilio
Frank Kinsley
James Carmen
William Marks
Victor ‘Visei
Louis Piros
Joseph Delillo
John Ragnoni
Jirora
DiSalle demands quick action on highway bond funds
Former Gov. Michael V. DiSalle accused Gov. Rhodes of delaying a 150 million highway bond plan by not calling a special legislative session to release funds. He argued voters favored speedy highway construction and noted conflicts with national events as weak excuses. DiSalle, in Cincinnati, outlined his political plans and discussed a forthcoming book on capital punishment.
MENTIONED IN THIS ARTICLE
Cincinnati
UPI
Michael V. DiSalle
James A .Rhodes
DiSalle
DiSalleé
Hamilton County
Washington
Rhodes
Columbus
Also Mentioned on This Page
Medina County
By David Deitch
IBS
Wilkincan
South America
Wall Street
T. L. Wilkinson
Price, Waterhouse, Inc
Foreign Department
Uammencuite
Wilkinson
Securities and Exchange Commission
American Institute of Certified Public Accountants
IRS
Travelmart
Chuck Lawson
Cedar Street
Jack Flowers Home
Porterhouse
Cleveland Rd
Lnxdust
Oberlin Ra
OLIVER INDUSTRIAL _ EQUIPMENT
RIAL
Scheelich
Kemper
1.X.L
Durbin Kitchens
Broadway
Lorcin
Ohio
F.H.A
Plant No
Myers
Guide
Frank Kerdeleski
John Stefanik
Nick Jakubek
Andy Boius
Andrew Zelina
Robert Porter
Ewart Bauer
Bloe Idorn
Floyd Krupka
John J. Stolar
Richard McGuire
Clifford Carter
White House
Carter
Johnson
Dutt
Communications Workers Union
Coltbus
Kelly Bros. Construction, Inc
Lake Avenue
Fairfax
Ixduserial
Nate & CO
Elyrl, 6
Nick Discenzo
Auto Glass
East River Street
Elyria Avenue
Harold Rorick Insurance, Inc
Second Street
Cpeltex
the Bally Co
Cleveland St
Brotherton
Case Road
North
Ridgeville
Rome
Cail
Sprankle Wallpaper CO
LUCAS
Comer Lake Ave
Bell Ave
Dan
Dee
Poiner’s
West Main Street
Wellington
Griandi Dist. Co
Earee
Colorado Ave
Elyria Pallets & Box CO
Hasper Ave
Elyria, Ohio
Seiberling Performance
Norman Brown
Tire Center
Thuren Street
Elytia
Fairiax
le Poe
Bert
Pegi Tae Lee
Geisel Company
West Broad Street
Airfax
Shott Tractor Sales
Ford Industrial Equipment Sales
Service
Oberlex
Cleveland St. Ee
Arko Company
Long Avenue
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