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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Oct 26, 1963

Page

16

Seaboard Uses Big Planes to Cut Costs for Small Carriers

Seaboard World Airlines buys large freighters like the CL-44 to slash rates and lease capacity to rivals at cost. The plan aims to help smaller carriers compete with big lines by sharing the efficiency of high payloads and speed, while risking reduced profits if planes sit idle.

David Hoffman CarEy New York Htns Seaboard Seaboard World Airlines Siligo Imyline Ési North Atlantic

Dollar Recovers Global Eminence Amid Investment Shifts

The U S dollar regains a worldwide role as investors expect a shift toward dollar inflows and Europe moves to protect currencies. Analysts cite improving U S payments balance and rising U S stock appeal, with potential eurodollar deposits tightening. The Cold War easing and change in British politics may support dollar liquidity, while cross border capital movements grow.

Ben Weberman New York U.S United States Canada Carcaias Europe

Investors weigh Burroughs vs better issues

Reader asks whether to hold Burroughs Corp shares after earnings stagnation. Advisor says earnings restrained by R&D and marketing costs and recommends switching to Interstate Department Stores. A second reader with Dallas stocks is advised to sell Republic National Life for low income and swap into Texas Utilities while keeping Republic Insurance and Allied Finance.

Burroughs Corp Burroughs FDA Interstate Republic National Life Insurance Dallas Texas Republic Insurance of Allied Finance Republic National Life Texas Utilities al Hed D. D. Steere

Blacklist Adds British Lebanese and Moroccan Ships

Washington reports that two British ships Newgate and Newlane, two Lebanese vessels Leftic and Vergolivada, and Moroccan ship Banora join the maritime administration blacklist of 187 ships barred from U S government financed cargoes for trading with Cuba.

Washington UPI Maritime Administration Cuba Newgate Newlane Leftic Vergolivada Banora Morocco

Judges Meet in Columbus Colleague Session

Lorain County Common Pleas Judges John D. Pincura LeRoy F Kelly and Henry P Webber will attend the Common Pleas Court Judges Association meeting in Columbus December 4 5 6 Expenses not to exceed 100 each were approved by the county commissioners.

Lorain County Common Pleas John D. Pincura LeRoy F. Kelly Henry P. ‘Webber Common Pleas Court Judges Association Columbus

Efficiency gains in New York steelmaking process

The basic oxygen process using oxygen to remove impurities is increasing efficiency. Two 81-ton blast furnaces at a New York plant set a monthly record of 121.3 tons an hour, compared with open hearth output of 40 tons per furnace.

New York

Steel tariff talks due in 1964 loom large for U.S. mills

UPI reports Chief figures show 370 million tons of European steel in 1965 versus 266 million before, with tariff negotiations under GATT starting in 1964. John Roche of AISI warns industry seeks guidance as price hikes and world market effects remain uncertain while overseas mills plan counsels.

Jesse Bogue UPI New York Roche Hasjan Indus Generalj Begin U. S John P. Roche American Iron and Steels Institute AISI Pittsburgh Para Japan United Here

Rental housing boom ends as overbuilding slows

Washington report notes a late boom in rental housing, with big cities like New York, Chicago, and Los Angeles oversupplied. Slower demand and shrinking profit margins follow, while NAHB forecasts a 1964 drop in starts before a decade of high but steadier construction.

Joseph R. Slevin Washington HYNS New York Chicago Los Angeles Houston San Francisco Kipton Ohio Phillip FE National Association Ofj Charles Iguses

Dayton Firm Joins McDonald & Co in Dayton Acquisition

Grant Brownell & Co of Dayton has been acquired by McDonald & Co of Cleveland as of Navy 1, 1963. The Dayton investment house founded in 1937 by Richard Grant Jr. and John R Brownell Jr. will retain staff, with Eugene A Bohlander to lead the Dayton office and John R Brownell Jr. remaining involved. Headquarters will be at the former Grant Brownell offices in Winters Bank building.

Grant, Brownell & Co Dayton Investment House Navy McDonald & Co Cleveland Dayton Company Richard ‘H. Grant Jr John R. Brownell Jr Grant Brownell D. L. Rike & Co Dayton Eugene A.bohlander Date Nash Winters Bank New York Midwest Stock Exchanges Ohio Monarch Marking System Co Glove Industries, Inc

Seniors vote to install ceiling at Kipton church study

The Kipton Senior Citizens group at the Kipton Community Church voted at their annual dinner at Martins Inn Oberlin to install an acoustical ceiling in the pastor's study of the new church addition. Proceeds from the Fall Festival booth will fund the project.

Kipton Kipton Community Church Martin’s Inn Oberlin

Club Showcases Caribbean and South American Color Films

Dune Davidson presented color films from the Caribbean and South America. The program included distributed materials, discussed plans, and honored October birthdays. The club schedules a meeting for November 19 at Fellowship Hall of the church.

Dune Davidson Caribbean South America Fellowship Hall

Two Yanks honor Italian folksinger in Rome ceremony

In Rome two Americans fund a lifelike bronze statue of Sor Capanna, famed but overlooked Roman folk singer who died in 1921. Cowboy-artist Harry Jackson created the statue at Trastevere’s Piazza del Mercanti, following commission by Remington Gimstead owner of Da Meo Pazza, amid a festival night of wine and Italo American friendship.

William F. Sunderland Rome GPI Se Capanna Ser Capanna Giovacchino Belli l Trilussa Trastevere Belli Sor Capanna Piazza del Mer ‘Canti Harry Jackson Meeteeise Wye Remington Gimstead Jackson Italy Lead Belly Woodie Guthrie Florence Wyoming Life

Cleveland firm seeks foreclosure on 6.7 acre Elyria property

Union Savings and Loan Co of Cleveland filed suit in Lorain County Common Pleas Court against Elyria Properties Corp for 41729 due on a note. The mortgage foreclosure targets property totaling 6.7 acres in the Taylor Lexington and Lace Street area. The note was issued January 6, 1961 for 50000.

Union Savings and Loar Co Cleveland Lorain County

Also Mentioned on This Page

Lure Nere S Times Bank West Germany Hugo Stinnes International Planetary Fund Roger E. Spear Fans Ediversified Services. Inc Ces Tee Ey Peta Ete Ete Eure UK Ky Pees Fora Prospec Dhp Lowell Stone Cleveland St. Emerson John Jackson Whitman Blvd Endicott Western Reserve Inc Cleveland Ave Amherst, Ohio Lake Road Avon Lake Herrick Ave West Wellington Broad Street Elyria Fulton Carl F. Russert Fulton, Reid & Co., Inc Investment Securities E., Inc Wall Street Janeway Eliot Janeway International Statistical Bureau, Inc Tod L. O. Hooper W. B. Hutton & Co Stent Securities McDonald E.S.T THE Elyria Savings & Trust CO Pierre R. Smith & Co Elyria Savings & Trust
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