Mutual Funds Report Shows Declines Across Broad Street Group
The Broad Street Group three funds led by Francis F. Randolph and Fred E. Brown report declines in asset value per share for the quarter ending June 30 as stock prices fell. Diversified Broad Street dips from 16.16 to 15.56, National Investors from 18.25 to 17.42, Whitehall Fund from 14.39 to 14.04. Massachusetts Investors Trust falls 17.22 to 16.80. One William Street Fund drops 15.05 to 14.18 after its no load milestone.
MENTIONED IN THIS ARTICLE
Broad Street
Francis F. Randolph
Fred E. Brown
Broad Street Investing Corp
National Investors Corp
Whitehall Fund
Massachusetts Investors Trust
William Street
Geir Elected President of Northeastern New York Tire Dealers
Frank Geir has been elected president of the newly organized Northeastern New York Independent Tire Dealers Assn. Carl Little was named vice president, Bernie Singer treasurer, and John Smith secretary. The next meeting will be held tomorrow at Kingston with William Marsh, executive vice president of the National Tire Dealers and Retreaders Assn. of Washington, D. C., as speaker.
MENTIONED IN THIS ARTICLE
Frank Geir
New York
Social Security Q and A from Troy answers key questions
Readers ask about lump sum death benefits and beneficiary designations. The guidance notes no beneficiary is needed as payment goes to the burial expense payer. Other queries cover early retirement reductions and Social Security tax on business earnings with thresholds and credited quarters.
MENTIONED IN THIS ARTICLE
Troy
Jann Hurst Begins Training As Stewardess
Miss Jann Marion Hurst of 25 Kinloch Ave has started training as an Eastern Airlines stewardess after graduating from Eastern’s In-Flight Training Center in Miami. Eastern plans to hire over 1,000 new stewardesses this year. She attended Troy High School and Albany Business College and previously worked as secretary to the Chief of Operations Division at Watervliet Arsenal.
MENTIONED IN THIS ARTICLE
Jann Marion Hurst
Vernont Hurst
Kinloch Ave
Eastern Airlines
Eastern
Miami
Florida
Watervliet
Local rep named for Lincoln Electric AC motor line
James Van Der Houten of Van's Equipment Sales in Rensselaer New York will serve as local representative for a new Lincoln Electric Company line of AC motors. The range covers 1 to 125 horsepower and includes standard NEMA Design B drip proof Lineguard motors and drip proof Multiguard motors.
MENTIONED IN THIS ARTICLE
James van der Houten
Van's Equipment Sales, Inc
Rensselaer
N. Y
Lincoln Electric Company
Cleveland
Historic Scenic Tours Close To Home Invite Weekend Explore
The See America Best-By Car series offers five short historic and scenic tours around the region. The American Petroleum Institute sponsors routes from 149 to 208 miles featuring Berkshire Mountains Mount Greylock Glimmerglass Cooperstown and Adirondack areas with stops at Shaker Village Pittsfield Tanglewood Cooperstown and Lake George.
MENTIONED IN THIS ARTICLE
Record
American Petroleum Institute
Mount Greylock
Berkshire Mountains
Massachusetts
Berkshires
Hudson River
New Lebanon
Shaker Village
Pittsfield
Lenox
Tanglewood
Jacob’s Pillow
Catskill
River Styx
James Fenimore Cooper
United States
Sharon Springs
Richfield Springs
Cooperstown
Cobleskill
Howe Caverns
Albany
Hudson
New York
Kingston
Gilboa
Shandakern
Gilboa Dam
Schoharie
Saratoga
Ticonderoga
Adirondacks
Lake George
Glens Falls
Whitehall
Hudson Falls
Troy
Geary Promoted To San Francisco Armstro ng Cork Office
John A. Geary Jr. was named manager of Armstrong Cork Company's San Francisco District Office in the Industry Products Division. He joined Armstrong in 1952 after Dartmouth and previously served as assistant manager of the Cincinnati District Office.
MENTIONED IN THIS ARTICLE
John A. Geary Jr
John A. Geary
2Nd Ave
San Francisco
Armstrong Cork Company
Industry Products
Geary
Armstrong
Dartmouth College
Cincinnati
Young Named Manager of Hollis Real Estate Dept
Robert M. Young has been named manager of the Commercial and Industrial Department at Fred Hollis Inc. He will work from a new Albany branch in the State Bank Building at 75 State St. The expansion covers Albany and the towns of Bethlehem and Guilderland. Hollis has operated in Latham, Loudonville, Newtonville, and the Town of Colonie since 1945.
MENTIONED IN THIS ARTICLE
Robert M. Young
Fred Hollis, Inc
Young
Greater Albany Chamber of Commerce
Fred Hollis
Brooks to Open New Troy Dairy Convenience Store
Brooks Dairy Stores plans a new dairy convenience store in Troy at 29 North ern Drive, opening Thursday. The Troy outlet, first of several in the area, specializes in milk dairy products and basic foods, with operations run entirely by Brooks.
MENTIONED IN THIS ARTICLE
Brooks Dairy Stores
Troy
van V. Rowland
Brooks
Northern Dr
Watervliet
Latham
Liberalize Loan Policies For Small Businesses
Amendments to the state banking law now allow small businessmen and partnerships to obtain long term credit from commercial banks under the same terms as corporations. Banks may lend up to 15000 dollars or more, repayable monthly over up to five years, expanding access for farmers doctors dentists lawyers and other professionals.
MENTIONED IN THIS ARTICLE
Leonard V. Shakespeare
National Commercial Bank and Trust Company
Agway announces $2.65 million patronage refund plan
Shareable refund to Agway members in 12 states totals 2.65 million dollars. The 1 percent cash patronage applies to Agway commodity purchases by members for the year ending June 30, per Henry Moon Troy manager of Agway retail service.
MENTIONED IN THIS ARTICLE
Henry Moon
Troy
Agway
Auto Graphs Show Strong Dealer Sales In Capital District
Auto dealers in Troy and surrounding areas report robust sales and active campaigns. Promotions include Caravan of Fords displays, a nationwide Save Sales Tax effort, and new service station openings. Avanti II production starts with 800 to 1,000 yearly, while Bronco parts boost Green Island plant output.
Dollar Day Bargains Hit Troy Stores In Summer Sale
The Troy Record reports a 96th summer Dollar Day with early bird bargains across downtown shops. Deals span winter coats at 11 each, fur trimmed jackets at 29, $1 bargains on bathing suits and skirts, 50 percent off furniture, 40 to 60 percent off stock, and special prices on hats, dresses, typewriters, hair dryers, clocks, and more.
MENTIONED IN THIS ARTICLE
Troy
Famous Makers
Brunswick Democrats Meet Today
The Democratic Committee of the Town of Brunswick will meet at 8 p.m. at the Roc Lounge on Hoosick road to select town candidates for the November election. Bertram P. Kavanaugh will preside. a campaign manager will be appointed. A social committee for Saturday Sept 18 will be announced, with refreshments after the meeting.
MENTIONED IN THIS ARTICLE
Democratic Committee
Brunswick
Roc
Hoosick Road
Justice of the Peace
Anna Addeo
Agnes Buchanan
Nancy Webster
Jean Sweet
Steel Workers Serve Notice Of Aug 31 Strike
The United Steelworkers Union mailed notices to major steel producers announcing the current contract will terminate at midnight on August 31. The Wage Policy Committee voted to serve the notice August 1, under an interim contract from April 28. If no new agreement is reached, about 450,000 workers may strike the nation’s basic steel plants for the first time since 1959. Union President I W Abel said there will be no extension.
MENTIONED IN THIS ARTICLE
Pittsburgh
United Steelworkers Union
I.W. Abel
Also Mentioned on This Page
William A. Doyle
Assn
Caryl Richards
Clairol
Trim Beauty Salon
Third Street
Ashley
Jann Hurst
Walter F. Klee
Campbell Soup Company
Klee
Campbell
C. J. McNutt
America
Troy Man
R. M. Young
Hollis Real Estate
New Troy
Ray Hall
Chrysler-Plymouth
Cohoes
Troy Area
Picard’s Grove
Hull
Elwin M. Flint
Marvin H. Ler
Checker Auto Sales
5Th Ave
110Th St
Kelleher
Neil Kelleher
Cartwright Sales & Service, Inc
Ford
Capital District
Ford Motor Company
Jack Selkis
Latham Ford
Bill Crowley
Mike Marra
Avanti II
Avanti Motor Corp
Mercedes-Benz
Ferrari
Rolls-Royce
General Motors
Green Island
R. H. Sick
Los Angeles
Carroll Shelby
Ken Harris
Knowles Pontiac
Burnham Harris
Sunoco
Columbia and
Main Streets
John
Brad) Cooney
Cartwright
Cape Cod
Lenny Tague
Veteran’s Hospital
Benny Zeller
Trade Journal “Automotive News
Brunswick Democrats
DAVIS
Ragu
Spaghett
Thabry
Partners Choice
Bellows Partners
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