Successful Investing Price Manipulation Is Checked Closely
A reader asks who can manipulate prices on exchanges and if gremlins or angels exist. The reply: no one has prerogative to manipulate prices. SEC prevents improper manipulation and brokers influence via recommendations. Prices arrive by public auction on the floor, with trades flashed on the tape. The second query about Public Service Electric and Gas of New Jersey is answered: it is a sound utility with limited growth, recently yielding a five percent return, suitable for income and moderate appreciation.
MENTIONED IN THIS ARTICLE
Securities and Exchange Commission
SEC
Lin
Stock Exchange
Public Service Electric and Gas
New Jersey
Public Service of
Pillivant Elevated By Pfaudler Co. Plant Accounting Chief
Harvey E Pillivant was named permanent plant accounting manager at The Pfaudler Co effective June 1 after serving as acting manager since February. A 1936 entrant to Pfaudler, he previously headed the IBM department and serves as treasurer of the Pfaudler Employees Credit Union in North Ridgeville with wife Carolyn and sons Harrd and Dennis. He holds degrees from Oberlin School of Commerce and attended Ohio University.
MENTIONED IN THIS ARTICLE
Harvey E. Pilvant
T. J. Griswold
Pfaudler Co
E. D. Chelow
Fremont Foundry
Pillivant
IBM
Pfaudler
Pfaudler Employes Credit Union
Lake Ene
Ohio University
Oberlin School of Commerce
Carolyn
Harrd
Dennis
Sugar Ridge Rd
North Ridgeville
Office Aide For Unions Quits Post
Mrs. Fred Dostall resigns after four years as secretary for UAW locals in Elyria. Grace Spanos of 230 Furnace St Cleveland takes her place at the UAW office. Mrs Dostall, of 203 Oakdale Dr South Amherst, served Locals 701 780 1161 995 and amalgamated Local 971 Bendix Westinghouse prior to their new headquarters. Associates gave a baby shower and farewell Thursday evening.
MENTIONED IN THIS ARTICLE
Fred
Geala) Dostall
UAW
Elyria
East Bridge
Grace Spanos
Furnace St
White Motor Co
Cleveland
Dastall
Oakdale
South Amherst
Western Automatic Machine Screw Co
Brown- Lipe-Chapin
General Motors
Pfaudler Co
Bendix-Westinghouse Automotive Air Brake Co
Insurance men to attend parley in New York
Six local Prudential Insurance Co representatives will travel to New York next week Wednesday through Sunday for a training conference. Attending are R. E B. Leppen ger of the Lorain District, W. V. Archer, E. J. Good win, J. J. Bennett Snyder and G. A. Winslow. Hennett will be honored as a member of the Leaders Roundtable, the highest ranking underwriters’ group in the South Central territory.
MENTIONED IN THIS ARTICLE
Prudential Insurance Co
New York
R. E B. Leppenger
Lorain Districe
W. V. Archer
E. J. Goodwin
J. J. Bennett Snyder
G. A. Winslow
Hennett
Elyria Insurance Men Attend Buffalo Conference
Five members of the Elyria office of Metropolitan Life Insurance Co. traveled to Buffalo this week for a business conference with company officers at the Statler Wilton Hotel. Attendees included Ellsworth R. Schneider Elgie N. Taylor James T. Gallagher Frank Anahavi and Russell N. Bennett.
MENTIONED IN THIS ARTICLE
Elyria
Metropoltan Hire Insurance Co
Buffalo
Rompany
Statler - Wilton Hotel
Ellsworth R. Schneider
Elgie N. Taylor
James T. Gallagher
Frank Anahavi
Russell N. Bennett
No-Roach Insect Coating Advertises Months of Protection
A vintage drug store ad promotes No-Roach in a pint bottle priced at 1.69. Instructions say to pour into a saucer and brush on cabinets baseboards and around sinks, claiming an invisible coating remains effective for months. Available at Gray's Marshall's Standard's and other drug stores.
MENTIONED IN THIS ARTICLE
Gray's
Marshall's
Standard'’s
Carey's Noon Meals Win Diners' Praise
Business and industry men praise Carey's Villa noon lunch service at 1906 Lakes Ave. Owner Jim Davis started the plan a month ago to offer a daily changing menu from 1 to 2 p m Monday to Friday. Dishes include braised beef stew, pork chops, country ham and eggs, roast beef, and more with fresh rolls, salads, and desserts. Service is quick and friendly as offices pre-order so meals are ready on arrival. The villa also serves dinners daily except Sunday with cocktails after 4 a m and an air conditioned facility featuring private rooms and golf proos.
MENTIONED IN THIS ARTICLE
Carey
Jim
Duck Stxora
Vila
Jin
Local 4849 Again Led By Bloedorn
Four of the five top officers of United Steelworkers Local 4849 representing Thew Shovel Co and its employees were re-elected. Robert Bloedorn remained president with Werner Welch not seeking re-election. Re-elected were Bloedorn, Steve D. Sugerix as vice president, Floyd Krupka as financial secretary, and John J. Stolar as treasurer. The suide’s office is vacant. Frank Kanary will be the resident guard, but that guard position is vacant. Louis Herbst unseated Trustee Bam Falkenstein. Trustees Victor Wise and Lawrence were re-elected grievance committeemen from Evria Agnes Penfield and Hess. Lorain plant representatives on the committee are Joseph Delillo and Ingerik.
MENTIONED IN THIS ARTICLE
United Steelworkers Local 4849
Thew Shovel Co. Sai and
Employes
Frank Kinsley
Ile
Werner Welch
Robert Bloedorn
Steve D. Sugerix
Floyd Krupka
Johnn J. Stolar
Suide
Frank Kanary
Elyrian Opens Store To Sell Alsco Products
Gene Daviel Cavaccci an Alsco dealer for 10 years opened Acme Enterprises at 2025 Lake Ave about two weeks ago after Alsco discontinued its retail operations. The firm in the same building as Top Value Redemption Store will sell siding windows awnings and other Alsco products and offer service on all items Cavaccci resides at 128 Jay Dr Elyria.
MENTIONED IN THIS ARTICLE
Gene Daviel Cavaccci
Alsco
Acme Enterprises
Lake Ave
TopiValue Redemption
Alseo
Miniature Golf Links to Open Near Elyria
Thomas Jose plans an 18 hole miniature golf course on Oberlin Road about five miles west of Elyria. He has built a lime base with powdered rubber for 88 feet of fairway and is assembling features like a dog house castle wind mill and oil well. The venture includes vending machines and will be the largest in the area pending weather delays. Jose and his family, from Lakewood, run a Shell station on the site alongside their home.
MENTIONED IN THIS ARTICLE
Thomas Jose
Oberlin Rd
Elyria
Jose
Lakewood
Morth Olmsted
Three Area Dealers Recognized by Standard Oil at Mansfield Event
Three Elyria area independent Standard Oil Ohio dealers were honored at a Dealers Appreciation Program held at Lofft Restaurant in Mansfield. Lorain County Tractor Sales, Inc. at 672 Oberlin Rd. received a five year service award for George M. Ker of 355 East Bridge St. Automobile Service, Inc. at 237 Lodi St. also earned five years of service recognition.
MENTIONED IN THIS ARTICLE
Elyria Area
Independent Dealers of Standard Oil Co
Onio
Lofft Restaurant
Mansfield
Lorain County Tractor Sales, Inc
Oberlin Rd
George M. Ker
East Bridge St
Automobile Service, Inc
Lodi St
Great Lakes Glass Moves to New Modern Plant
Great Lakes Glass, Inc. will occupy a new single story building at 631 Oberlin Rd. in July, doubling space with expanded showroom and office areas. President Stanley M. Cowan says the move meets rising demand and supports area growth, offering full glazing services from basement window replacements to store fronts and display cabinets with plans for an open house and new inventory including paints.
MENTIONED IN THIS ARTICLE
Great Lakes Glass, Inc
Cleveland St
Oberlin Rd
Stanley M. Cowan
Great Lakes Glass
Ihe Company
Also Mentioned on This Page
Tony
Dorothy) Rotino
Sheffield Lake
Ford Motor Co
Lorain
Edward Nadrowski
Vermilion
Liedertafel Club
Kelly PL
West 23Rd St
Patrick J. O'Malley
CAW
C-T
Roger E. Spear
R. K
Electroalloys
Electro- Alloys Division
American Brake Shoe Co
L. H. Popp
Structural Steel
Builders Structural Steel Corp
Abbe Rd
Welfare
Fior’s
Macs Restaurant
Broad Street
Capital Theatre
Paaidppppl
PPA
Adela Pdi
PDD
Sheffield House
O'Ned
Lorain CE
Harvey FE
Pilliv
Elyria Office
Confab
Carey's Villa
Lakes Ave
Jim Davis
Bloedorn
Elyrian
Cavaccci
Jay Dr
South Bend
U.S. Tires
Tibbitts
E. BriDge Street
Fairfax
Vrea Law
Warren Sotherden
Mrs
Sotherden Meister, Inc. Insurance
Lorain County Bank
Pennzoil
the Independent Oil Co., Inc
Center Ridge Road
Ohio
Pizla
Angelina
Emerton
Cleveland Street
Elyria Sign Company
JAS South
Koplin’s Drug
Lodi
Capri
Georgia Pacific Pywood
Lagrange
Botamer
Hank's Motor Inn
Durkee Rd
LaPorte
Beg Hank Corset
Croom Sones
Pehle
Hivria
Ove Tallin
Graystone Motel
Akmowne
Dick Cyprus
Birds Eye
Rathskeller
Vermilion-on-the- Lake
Oden
Phona WO
Schmidt's Quality Food Market
4Th Street
East River
Richelieu Brand
Pepperidge Farm
Jones Dairy Farm
Fairfax 2
Living Color
RCA Victor
BAYS
Ryan Appliance
East Avenue
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