Federal Reserve sees strength in economy amid weaknesses
The Cleveland Fed Research Department in Business Trends argues the economy remains fairly healthy despite weaker area farm equipment sales and retail activity. It cites rising GNP toward $400 billion, stable factory output, strong construction prospects, high employment, and rising plant and equipment spending offsetting weaknesses.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of Cleveland
Public transit push and phone number change plan outlines
The piece notes a push for an improved transit system to avoid downtown gridlock and describes a company led number-change program. Subscribers receive change cards to update friends and business contacts, aiming to ease future communications as new lines come online.
Eldotread Introduces Air Lift Spring Boosters
Eldotread Co announces air lift pneumatic spring boosters for sagging springs and overloads. Distributor in Lorain County says the device fits most cars, is easily installed by garages, and offers steadier ride, reduced heel, and safer driving under all load conditions.
MENTIONED IN THIS ARTICLE
Eldotread Co
Eldotread
Lorain County
Wall Street Journal
Elyria Unions Honor Early Joiners Program Tonight
George Haas of the AFL International Molders and Foundry Workers Union will present 16 year emblems to long time members from Local 383 and Local ZBR in a tonight program at El Rey Grotto Park Rt 3. The event, open to about 1100 members, begins 7 p.m. with a 5 p.m. park opening and refreshments. Plants involved include Elsina Foundry Electro-Alloys Division of American Brake Shoe and Duplex Foundry Local 383 and Air Conditioning Division of American Standard Local 268.
MENTIONED IN THIS ARTICLE
George Haas
AFL International Molders and Foundry Workers Union
Cincinnati
Elyria
Inight
Ecals
383
ZBR
Haas
Longitime
el Rey Grotto Park
Elsina Foundry
Electro-Alloys Division
American Brake Shoe and
Duplex Foundry
American Standard
Prize Winner Scores Again in Company Idea Contest
Charles Danesi of Amherst demonstrated fresh ideas for A Nabakowski Co. He won the 825 government bond prize for April and again earned 25 for two May submissions. Monthly winners are chosen and the yearly top idea will receive a week’s vacation and an all expenses paid Florida trip for the winner and spouse.
MENTIONED IN THIS ARTICLE
Harles Danesi
A. Nabakowski ‘Co
Amherst
Danesi
Florida
Knowles Store Keeps Two Daily Deliveries At 10 and 2
Jeff Knowles owner of Knowles Quality Food Store at 205 Broad St says no change to delivery service remains in effect. Two daily deliveries occur at 10 a.m. and 2 p.m. with a morning delivery on Wednesdays.
MENTIONED IN THIS ARTICLE
Jeff Knowles
Knowles Quality Food Store
Broad St
Knowles
Modern way to kill roaches and ants with NO-ROACH
Scientists recommend controlling roaches and ants the modern way with Johnston's NO-ROACH a colorless odorless coating that coats surfaces to hill these pests. It is effective for months and easy to use. Prices range from 88 cents for an ounce to 2.98 for a quart with availability at Elyria Home Day's Home and other local stores.
MENTIONED IN THIS ARTICLE
Johnston
Elyria
Gallaher’s
Marsh‘all's
Standard’s
Dist
Cleveland Housewares
Turk Joins Thew Co. Staff From Martin Machine
C G Turk, former president of Martin Machine Co in Kewanee HL, joins Thew Shovel Co as coordinator of engineering and service departments. He is a graduate engineer from the University of Missouri and was previously vice president in charge of engineering and production.
MENTIONED IN THIS ARTICLE
Darrel G. Turk
Martin Machine Co
Kewanee
Thew Shovel Co
Thew
E. C. Brekelbaum
Turk
Brekelbaum
University of Missouri
Steel Output Sets Record In Area Mills
Steel output in Cleveland and Lorain mills in 1956 reached about 2.5 million tons, up 2 percent from a year earlier, per the Federal Reserve Bank of Cleveland. Operations ran at 97.3 percent capacity the week ending June 2. Carloadings fluctuated May 18 to May 26 with inbound down to 7.299 and outbound rising to 8.392.
MENTIONED IN THIS ARTICLE
Cleveland
Lorain Mills
Federal Reserve ‘Bank of Cleveland
Actiual
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