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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Feb 16, 1965
Page
2
The 1961 economic outlook remains broadly optimistic with renewed industrial production after Februarys low, strong retail sales, and rising government spending. Labor disputes in shipping and steel threaten prices, but durable goods orders surged in December and unfilled orders hit a 12 month high, signaling busy factories ahead.
Ronald L. Teal joins Hastings and Teal Certified Public Accountants as partner in Albany after prior work with John Hastings CPA. He resides in Cohoes with wife Joan Mooney and son Lawrence, son of Philip and Mrs. Teal of Sand Lake. Teal's education includes Siena College degrees and NYS CPA certificate.
Two Cohoes and Watervliet residents are now Metropolitan Insurance consultants after completing a Chicago training course. Albert E. Couture Sr. of Cohoes and Frank V. Mottolese of Watervliet join Metropolitan after prior roles in autos and Midway Market. Couture attended Sacred Heart School Keveny Memorial Academy and belongs to St. Agnes Church Polish American Association and the Emerald Club in Troy. Mottolese is a Christian Brothers Academy Albany and Siena College graduate.
Raymond F. Myers of Troy is named agency supervisor for the John Hancock Mutual Life Insurance Co in this district. He began with Hancock in 1958 in St Petersburg and later joined the Albany general agency. He was twice named man of the year in 1963 and 1964.
A local Q and A covers whether social security benefits can be frozen for state workers and how disability and retirement rules apply with part time work. It notes a 12 month trial work period for disability and ongoing reporting requirements. The second item announces Gene A. Paulsen as branch manager of Burroughs Albany office, overseeing nine counties.
A 1964 ARD annual report shows asset value per share rising from 22.65 to 25.28, illustrating how venture-capital style funds can improve despite SBIC stock weakness. Dreyfus Fund crosses 800 million in net assets while Century Shares Trust reports 1964 gains and a 23 cent per share capital gain distribution. National Securities & Research cites higher profits for mutual fund managers with 1964 earnings up to 1,122,186 dollars.
Tom Carroll Associates Inc. shifts all media and time buying to Albany. David Barrell named media director to oversee magazines newspapers radio and television relations. Barrell previously wrote for Tom Carroll and held senior PR roles in health education and GEX Inc. He leads the Capital District Ski Council and contributes to ski and travel publications.
Edward J. Hannan a painter maintenance products representative for the Sherwin-Williams Co with Albany offices attended a new developments seminar at the company plant in Cleveland Ohio.
American Motor Inns new owners name Charles Glatstian general manager of Albany Inn Towne Motor Hotel. The Spring Valley native comes from Orlando where he managed Congress Inn Colonial Plaza Motel. Upgrading dining and banquet facilities planned to raise quality and service. Maurice Helen named catering manager from Thruway Motel and Tom Sawyer Motor Inn.
The five story Inn Towne hotel features a pool and patio a restaurant and cocktail lounge and banquet facilities that can host up to 600 persons.
Area salesmen will hear 150 sales ideas presented against a show business backdrop at a program by the Sales and Marketing Executives of Eastern New York. The event on Tuesday February 23 at 8 p.m. will be at the Branche Theater in Latham. Specialist Fred Klump, "Mr. Practicality," and Dr. Herb True, Notre Dame professor, are billed speakers.
The Sales and Marketing Executives group sponsors a 212 hour show to help area salesmen improve selling, influencing, motivating and leading. Topics include overcoming objections and mastering the selling situation. An ad touts Peterson's Ointment for hemorrhoids with a money back guarantee.
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