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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
May 16, 1967
Page
2
Margaret Dana explains how a brand name signals real product differences and pride in quality. She notes that labels and tests back brand claims, aiding informed choices amid mass production and confusing options.
The SEC proposals for mutual fund reforms spark a looming Capitol Hill fight with industry leaders warning of irreparable harm. Observers note room for compromise as NASD fears small firms could go out of business while big chains flourish. The bill targets lower fees, cutts in commissions, and removal of front end loads to save investors money, but may shrink fund managers' profits. Manny Cohen touts the measure as a winner, predicting passage with support from Congress and editors.
Six Prudential Insurance representatives in the Troy District were named leaders in the 1967 Academy of Honor for outstanding 1966 sales and service in Life and Health Insurance. Honorees include Joseph Fr Warren, Jerry Valenti, Duncan Bryce, Robert A Dunham, Frank Weaver of Troy, and Alphonsa J Tuzzo of Hoosick Falls. Of 880 Northeastern specialists honored, 3,800 field men were eligible.
James J. Gillespie president of the Rensselaer County Board of Realtors urges World War I veterans to act before July 25 to use VA home loan guarantees with no down payment. He notes easing mortgage money conditions, rising building costs, and that certificates of eligibility are needed, urging veterans to obtain them and decide on a home promptly. Korean War and post-1954 veterans have different deadlines, and local banks are aiding in information and loan processing as activity rises.
A Social Security Q and A explains doctor payment options under Medicare. Doctors may bill the patient or accept assignment. if the doctor prefers payment from you, you pay first and submit for reimbursement. Another question details handling lump sum death benefits for funeral costs, either paying the undertaker now or having the lump sum deducted from burial bills. survivors may choose. A third inquiry confirms Medicare hospital coverage requires application in the three months before turning 65 to avoid delayed protection.
Macy's Colonie presents an art exhibition and sale of Original Graphics on the second floor Community Room through Saturday. The show features 400 graphic works by 40 modern masters and contemporaries including Picasso, Chagall, Degas, Renoir, and Dali with lithographs, etchings, woodcuts, and more priced up to 83,000. Also shown are works by younger British and American artists and modern sculpture lithographs. Curated by London Arts-Macy's, the show marks a touring program from Macy's stores, organized by gallery director Eugene Ivan Schuster.
Richard J. Giragossian is named consultant to Value Line Securities Inc announced by president Frank B. Smith. He is a senior vice president of Financial Designs Co. of Long Island and former vice president of Continental Income Planning Inc. in Schenectady. He chairs Middle East Trade and Marketing Corp and serves as consultant and overseas representative of M.TH. Inc Latham. He worked in the US foreign service for twelve years and resides with his wife and two daughters at 1 Eaton Road.
County planning director David W. Gay will report at the May 25 County Planning Board meeting after attending an Albany open space workshop. He described discussions on open space uses such as playgrounds camping areas nature centers bird sanctuaries lakes and recreation areas and issues in acquiring and developing them. The Brubacker Hall session at State University preceded a visit to an Upstate American Institute of Planners meeting in Schenectady.
NASA reports Nimbus 2 weather satellite marks one year in space and has returned more than a million pictures to Fairbanks Alaska and Rosman North Carolina stations. The daytime camera functions normally but nighttime images stop due to tape recording problems. Launched May 15 from Vandenberg Air Force Base California.
A Metropo litan Brass Quintet concert will be presented today to Wynantskill Elementary pupils in a special auditorium program. The show, funded by Friends of Chamber Music of Troy now in its 19th year, features Albert Legothi Irving Berger Lewis Waldeck Robert Hauck and Arthur Goldstein. The program travels through pieces by Stadella Purcell Levy and Tchaikowsky. The event is arranged with PTA and school staff.
In Gyobingauk Rangoon AP report says about two hundred Communist rebels used torches to sweep the trading town Sunday night. They burned the main section including government party headquarters a theater and numerous offices warehouses bazaars and private buildings. Estimated damage reaches about a million dollars.
Bruce Husten portrays Israel as a compact nation bordered by enemies, facing economic strain and brain drain while relying on youth and kibbutzim to forge unity. He notes warm hospitality, widespread English, and Sabbath rhythm, contrasting Galilee with the Negev and historic markets, and closes with a cautious view of a challenging yet resolute future.
Sanford Neister of Bell Aero Systems will speak at the Capital Cities Chapter American Ordnance Association meeting in Lenox Mass. on May 24 on air cushion land vehicle development and operation. Newly elected officers and directors for 1967 1968 and reserve officers from area colleges will be introduced, including GE and Watervliet Arsenal officials and ROTC cadets from RPI Siena Union College and Union College.
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