Mutual Funds and Investment Companies Overview
Article describes how investment firms rely on strong research to pick securities, noting seed money in research and development drives growth. It highlights Brevits and Hale on seed money, and cites Brevits' seven-year cycle from seed to profits, plus projections of ongoing U S growth in the 1980s. It also reports Energy Fund growth, Franklin Custodian Funds performance, and UBS Fund of Canada offering shares at 10.
MENTIONED IN THIS ARTICLE
Ee Pog Ae Brevils
Vance, Sanders &Co
Ees
Edward B. Hale
Brevits
Amer
Jea
Energy Fund
Donald ©. Samuel
Jannual
UBS Fund
Canada
UBS _ DISTRIBUTING CORP
Boston
State Bank Tops Municipal Investment Share
State Bank of Albany ranks among the nation s top hundred banks in municipal holdings. The Bond Buyer lists the bank at 15.52 percent of total assets in municipal obligations, well above the 5.84 percent average. President Hollis E Harrington says the bank policy supports local offerings by purchasing for its portfolio whenever possible.
MENTIONED IN THIS ARTICLE
State Bank
Albany
United States
Iwas
Hollis E. Larrington
Social Security Questions on Divorce and Disability
A reader asks if a wife can receive benefits on a separated spouse's record and if disability benefits differ from retirement. Officials explain that a legally married spouse may qualify for benefits if age and earnings meet rules, children under 18 may also qualify. disability benefits apply only to those unable to work before retirement, and moving requires notifying the Social Security office if receiving benefits to avoid payment delays.
MENTIONED IN THIS ARTICLE
Grattan
Averill
Park
Troy
Social Security Office
Casile Joins Skyway Roofing Sales Staff
Carmen J. Casile a St. Michael's College graduate from Winooski Park Vermont joins Skyway Roofing Co Inc and Skyway Home Improvement Co of Troy as a sales staff member. He is native of Troy and son of Mr. and Mrs. Gerolamo Casile of 43 Mellon Ave. He attended LaSalle Institute before college.
MENTIONED IN THIS ARTICLE
C. J. Casile
Skyway
Carmen J. Casile
St. Michael's College
Winooski Park
Skyway Roofing Co., Inc
Skyway Home Improvement Co
Troy
Mr. Casile
Gerolamo Casile
Mellon Ave
LaSalle Institute
Surfing Roots of Hawaii Chiefs Featured in Museum Display
In Honolulu, two ancient koa wood surfboards weighing 148 and 160 pounds are shown at Bishop Museum. The exhibit underscores surfing as a prerogative of the chiefs and highlights Waikiki as their special surf run. Modern boards, by contrast, are much lighter.
MENTIONED IN THIS ARTICLE
Honolulu
Waikiki
Bishop, Museum
Machine Sorting Of Mail Extended In Paris Post Office
Paris' main post office tests show machines that sort letters and packages work well. They will be installed across the country. Six operators cut 24,000 letters per hour to 300 destinations. Four operators sort 6,000 packages per hour to 100 destinations. Operators adjust machine speed to mail volume.
MENTIONED IN THIS ARTICLE
Paris
Merchants Eye Record Holiday Sales Across Nation
New York reports merchants predicting record Christmas sales amid cautious spending trends. Banks show increased deposits fueling holiday club cash while department stores expect gains above last year. Jewelry firms anticipate strong gold jewelry demand as stock markets hint at year end bonuses.
MENTIONED IN THIS ARTICLE
New York
RPY
Chicago Printed String Co
Jewelry Industry Council
U. S. Treasury
Council
Wall Street
Church Society Readsies New School Library at St Henry's
Rosary Altar Society of St Henry's Church Averill Park will announce the opening date of the new school library at a Thursday meeting. A Christmas party is planned with a party shower for the sisters teaching at the school. Members are asked to bring recipes for a society cookbook.
MENTIONED IN THIS ARTICLE
St Henry's School
Averill Park
Rosary-Allar Society
St Henry's Church
Robert J. Lilly
Moslems in Trinidad Found Hemisphere’s First College
The article notes Trinidad's large Muslim population with about 50 mosques and government aid supporting several schools. It highlights the founding of the first Muslim college in the Western Hemisphere by Muslims in Trinidad.
MENTIONED IN THIS ARTICLE
Spain
Trinidad
Hemisphere
Vitamin A linked to sense of taste found in study
Experiments at Long Island Jewish Hospital show vitamin A helps taste. Test animals deprived of the vitamin could not distinguish between ordinary lap water and quinine water, indicating its role in taste perception.
MENTIONED IN THIS ARTICLE
New York
Long Island
New York) Jewish Hospital
Soldier Hazel Longsmith remimiscences at Leonard Wood
UPI report recalls M.Sgt Herman R Jackson who created the Jodie Cadence in 1943 at Camp Barkley Texas. He helped uncoordinated recruits learn marching through rhythmic verses that became famous in World War II era drill routines. The cadence spread across the Army and remains a nostalgic symbol of GI life.
MENTIONED IN THIS ARTICLE
Leonard Wood
UPI
Army
Rolund
Leoard Wood
Herman R. Jackson
Jodie
Military ‘Service
Jackson
Campy Barkley
Texas
Reyes
Barkley
Camp Barkley
Namie
Reds Buy More Australian Wool Purchases Rise
Canberra reports increased Australian wool sales to the Soviet Union, Red China, East Germany, and Czechoslovakia. The last year totals show $27,000,000 to the Soviet Union, $23,000,000 to Red China, $4,400,000 to East Germany, and $18,000,000 to Czechoslovakia, with Red China and Czechoslovakia boosting from prior year levels.
MENTIONED IN THIS ARTICLE
Canberra
Soviet Union
China
East Gerrmany
Czechoslovakia
Red China
East Germany
iPlan Hospital Seoul to expand with new tuberculosis hospital
The Norwegian Korea Association, operating a 70 bed hospital for orphaned children with tuberculosis in Seoul since 1954, plans to construct a second tuberculosis hospital at Mok Po for 70 more children. The project includes a diagnostic station an X ray department a laboratory and offices for physicians and nurses.
MENTIONED IN THIS ARTICLE
iPlan
Seoul
Korea
Norwegian Korea Association
Tia Association
George Racicot Rites Held Yesterday
Funeral services were held yesterday for George R. Racicot age 57. His body was found Wednesday in the intake chamber at Ford Motor Co powerhouse in Green Island. The funeral began at 9 a.m. from A. G. Boivin's Sons Funeral Home and at 9:30 a.m. from St. Joseph's Church where a Requiem Mass was celebrated by Rev. Celas A. Robitaille. A trio accompanied the Mass with Gregorian Funeral Mass and Pie Jesu during offertory. Interment followed at St. Joseph's Cemetery in Waterford.
MENTIONED IN THIS ARTICLE
George’ R. Racicot
Ford Motor Co
Powerhouse
Green Island
A. G. Boivin
Congress St
Perihcess
St. Joseph's Church
That City
Celas A. Robitaille
Barney Ross to speak at Troy B nai B rith breakfast
Barney Ross famous boxer and World War II veteran will be guest speaker at a Sunday breakfast in Troy. The event, sponsored by the Jewish Community Council of Troy with the Bnai B Rith Lodge and presidents, supports the Israel Bond Drive. Reservations contact the Israel Bond Office on 1st Street.
MENTIONED IN THIS ARTICLE
Barney Ross
Troy
Jewish Community Council’ of
B’nai B'rith Lodge
B'nai B'rith
Evenit
State‘of Israel
Dee
Hendrik Hudson
Tony Canzoneri
Jimmy * McLarnin
Ross
U.S
Guadalcanal
Barney
Cathy
Annie
State of Israel
Israel
Israel Bond Office
1St St
Kyle Critchton Author Dies at 64 in New York
Kyle Crichton 64 a noted playwright and biographer collapsed on a Manhattan street yesterday and died after admission to a hospital He authored The Marx Brothers and The Life of Rise Stevens and was walking from a hotel to a restaurant when the heart attack struck.
MENTIONED IN THIS ARTICLE
New Yorks (Ap
Kyle
Crichton
Smidtown
Rise Stevens
Woman Charged With Passing Bad Checks
Joan Childrose 22 of 262 Hamilton St Albany will be arraigned in Rensselaer Police Court today on charges of issuing worthless checks. The former Rensselaer resident allegedly passed $25 checks at the A and P store and the Albany Public Market Rensselaer branch. She was arrested Wednesday and free on $100 bail.
MENTIONED IN THIS ARTICLE
Joan Childrose
Hamilton St
Albany
Rensselaer
A&p
Plane Missing With 33 Aboard In Philippines Search
Manila AP reports a DC-3 missing since Wednesday with 33 aboard. Philippine Airlines pilot last tracked 160 miles southeast of Manila on a flight from central Philippines. Search efforts focus off southern Luzon and Mindoro Island where a crash into a mountain is suspected. All aboard are Filipinos.
MENTIONED IN THIS ARTICLE
Manila
Philippine Airlines
Philippines
Luzon
Mindoro
Fragmented Quiz Clues Mix Personal Wears and World Events
Crossword style clues touch on family strain, refugees in the US, posture, promotions, revival meetings, and guerrilla tactics. Entries discuss hunger strikes, college delays, fish eggs, printer measures, and weather hazards. The jumble cites mountains, gangs, and harbor notions amid cryptic fragments.
Malaria Drive Repaid Six Times in Colombo
World Health Organization credits malaria eradication program in Ceylon with saving about 30 million dollars annually, a figure six times the program’s ten year cost. A separate note recalls colonial New York where packs of semi wild dogs killed more sheep than wolves.
MENTIONED IN THIS ARTICLE
Colombo
Ceylon
World Health Organization
New York
Also Mentioned on This Page
William A. Doyle
Berner
Crystal
Hi Municipal Investments
Coats
Waal
Marshall Ray
Middleburgh Street
Everett C. Reed
Albany Felt Co
In. Menands
Reed
Menands
Hoosick Falls
Schodack Center
Sseiel
Security
Orton
Business Mirror
Church Society Readies New School Library
Longsmith
George Racicot
J Adams
Thomas’ F. Benoit
Michael D. Dynko
Mitcheil J. la Marre
Patrick J., Lanthier
George J. Neilés
Boitaille
St. Joseph's Cemetery
Waterfords
Kyle S. Critchton
General Features Corp
City
Kovernment
Atlver
Medird
Ilues
Record
Record Newspapers
Nair
Donald C. Brogan
Troy Say Ings Bank
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