The Cincinnati Enquirer from Cincinnati, Ohio • Page 42

Tuesday, Dee. 4, 1961 THE CINCINNATI ENQUIRER rare Metallurgical Furnace Conference Draws 700 mmmmmmmmmmmmm Additional Financial Newt morning. One, on "Refractories," will present papers on "Tar-Bonded Linings;" Uses of Higher Purity Mag-nesites;" "Refractory Gunning Practice;" "The 'Centrithro' Electric Furnaces Fettling Machine;" "Arc Heat Transfer and siur START SAVING! Kodak Bantam Copier $99M In office copier Vmjtx if clearly i i Jonah Swallows Whale Ethyl Corp. Bought By Albemarle Co. your belt buy on my count copying range, copy quality, economy.

For example, a Verifax Copier: a panel on ferro-alloy operations. Friday will include trips to Acme-Newport Steel Co. and to Sawbrook Steel Castings plants. The program has been organized under the supervision of Frank St. Vincent, chairman of the conference committee.

Mr. St. Vincent Is general superintendent of Interlaken Iron Beverly, Ohio. Vice chairmen are: Ralph W. Farley, director, process development, Republic Steel Chicago, and Arthur F.

Gross, research metallurgist, The Ohio Steel Foundry Springfield, Ohio. Chairman of the Electric Furnace Executive Committee is C. O. Mickel-son, assistant manager, American Steel Foundries, East Chicago, Ind. The annual banquet Thursday will include addresses by Harry Stuhldre-her, Pittsburgh, assistant to the vice president Public Relations, U.

S. Steel Corp. Toastmaster will be Carl Rlefkln, vice president, Acme-Newport Steel Newport, Ky. METAL STAIRS Pan Cantilever INTERIOR EXTERIOR NEWPORT WELDING CO. 261-6020 Phone 621-1052 STAMP CO.

HUBBEfi. STAMPS' 'MARKNO DC VlCii 627 MAIN STREET A Cincinnati Ohio I. mmmmmimmmmsimmm I JUST MADE AN INVESTMENT that will pay off for me 365 days a year year after year WHAT was it? My new Baldwin Piano that I bought the family for Christmas BALDWIN a name known for 100 years in the music field. BALDWIN PIANO CO. 4 IS Itare St.

7884 Montgomery lid. Acroit from Kenwood Plaza copies moet anything written, typed, or printed including crayon and "ball-point make 5 copiet in 1 minute far 2 He each. makes dry, eaiy-to-read copies) as lasting as a typed record. makes copies on bond-typo paper or card stock one or both sides on printed forms, too. maizes "whiteprint" and "offset" masters.

and Verifax Copier price tart as low as $99.50 for the Bantam other model $425. On Pages 27 And 36 quired;" "Oxygen Lance Construction and Maintenance" and "Metering of Oxygen." The third morning session Thursday will be on "Ferro-Alloys Production," with papers on "Advantages of Wood Chips and Other Bulky Carbonaceons Materials in Electric Smelter Charges;" "Oxygen Refining of Ferro-Alloys;" "Production of High Carbon Ferrochrome by the Strategic Udy Process." During Thursday afternoon, there will be three technical programs. The first, on "Material Requirements of the Space Age," will inclnde "Influence and Control of Residual Elements in Maraging "Development and Properties of an Ultra-High Strength Steel," and "Elec-trice Furnace Melting of the New Materials." A second afternoon session, on "Practical Melting Practice for Castings," will Include "Summary of Available Technical Information on Oxidation of Cast Steels," and "Techniques of Decarburizatlon." Another will be on "Fer-ro-Alloy Production" and will Include "Principles of Electrode 1 a 1 1 on in Electric Arc "Use of Automatic Electrode Holders for Submerged Arc Furnaces," and Becker Drugs UpenS In bUDUTD Dreyfoos Mathes Becker Discount Drugs has opened at 5449 North Bend Road, Heights. Edward Becker 1 Lee Dreyfoos, store manager, and John Mathes, pharmacist manager. Messrs.

Druyfoos and Mathes, local Becker residents, are experienced In the drug business, Mr. Becker said. WHY WORRY with buying new car. Lease new car of your choice from lake Sweeney Pontiac. For details call 821-0400 Mm So stop shopping start savin 1 1 Call today tor a free Venlax demon stration, EASTMAN KODAK STORES, INC.

961-7223 3025 READING RD. Calorie Conscious Lost Weigh Gained Weiejltt FRED THE TAILOR 3109 Harrison Ave. 661-5789 Ope Moadoy ad Thursday Iveilaqs 'til 1:00 P. M. BY ALBERT E.

REDMAN Enquirer Financial Editor More than 700 are expected to attend the 20th annual three-day Electric Furnace Conference of the Metallurgical Society of the American Institute of Mln- ffil. Metallurgical tutu re- i 1 Tf troleum Engineers which opens with business sessions today In the 1 Netherland Hilton. The constituent organization of aime has on its program outstanding leaders in government and Industry and research authors. SEVERAL SIGNIFICANT themes have been prepared by the Electric Furnace Committee of the Society's Iron and Steel Division. One on "Material Requirements of the Space Age" will Include a talk by Col.

L. R. Standifer of Wright-Patterson Air Force Base, Dayton, director, materials and processes, Aeronautical Systems Division, Air Force Systems Command. The formal program will include 10 technical sessions with more than 50 papers being presented, and opens Wednesday morning with a technical session on "Minor Elements in Steel," arranged by the Physical Chemistry of Steelmaking Commit tee. Others papers will Include "Effects of Residuals In Steel;" "Residual Elements in Ferro-alloys," "Raw Materials as a Source of Residuals in Electric Furnace SO YOU SAVE STAMPS? Will, wt km seat vinr ki II.

I. ind ftrtitu stefflas in colli, tl. to dock nets Wi will buy. Mil tntt It reasonable irkM. BUSINESS AS USUAL CINCINNATI STAMP COIN CO.

I Col Ink. Hi 413 (lei ii.m.n am. i P.G. GRAVES 241-6964 Rail Estate, Countiloi Consultation ly Appolntmant Savings Loan Co. 4-Drawer FILE FULL ROLLER SUSPENSION All-wtldid Heavy gaug itiel Larqi capacity Easy pulling drawers Gray bikid-on nimil compart at $64.50 .95 2-DRAWER FILE Non-suspension Speciell 2.w "AMERICAN Steelmaking," and "Argon Degassing in a One-Ton Ladle." Later in the day papers include "Sources of Iron for Electric which will take up "Experimental Production of Steel from M-Iron Powder;" "Use of R-N Iron in Electric Furnace Melting;" "Production and Refining of Iron from Titaniferous Ores;" "The SOGESA Electr Iciron and Steel Plant at Chimbote, Peru; and "A Study of Inclusions in Steel." Concurrently there will be a session on "Grain Refinement" with these papers: "Summary of Work On Grain Refinement of Low and High-Alloy Steels;" "Oxidation Nucleation Effects on High-Alloy Steels for Castings;" a panel discussion of "High -Alloy Grain Refinement," "Grain Refinement of Engineering Steels," "Grain Refinement In Cast Steels" and "Grain Refinement of High-Alloy Steels." A third technical session Wednesday afternoon will be on "Carbide, Phosphorous and Refractory Production" and will include: "Preventive Maintenance, and Incentives on Submerged Arc Furnaces;" Effects of Various Types of Phosphate Charges on Phosphorous Furnace Operations" and "Basic Fusion Cast Refractories." There will be three technical meetings Thursday $4,775,000 By Refunds of $4,775,000 will be made to customers of The Cincinnati Oas Electric Co.

and The Union Light, Heat and Power starting? In December, it was announced today. William H. Zimmer, president of both companies, said $3,200,000 would go to all gas customers In the service area, and $1,575,000 to large Ohio commercial and Industrial electric customers outside Cincinnati, Norwood and St. Bernard. In Cincinnati, the gas refunds will total approximately $1.4 million, Mr.

Zimmer stated. In Northern Kentucky, total refund Is $609,000, In Norwood Hamilton $140,000 and Middletown $243,000, Including Armco Steel Corp. The gas refunds, covering a period of six years, are being made as the result of refunds made to them by their major natural gas suppliers, Ohio Fuel Oas Kentucky Oas Transmission Corp. and Texas Oas Transmission Corp. and had appealed Increases passed on by their suppliers during this period and recently the Federal Power Commission Our BIG quantity purchase lowirt costs pir unit, we'll pass till sayings onto you.

Com in or prion todayl STEM POSTURE CHAIR compare fer comfort and quality with chairs at S49.YS Easily adjusts for comet postur Ginirous sin silt Comfortable Foam Cushion Scuff plates lonq-lif castirs Spring tension back Attractive Gray or Sand colors TEXTOLITE n. iffl ON ALL SAVINGS DEPOSITS BY THE 10th EARN FULL MONTH'S INTEREST 3443 Edwards Road Hyde Park Squart Opin Diily ind Saturday 9 to Friday to P. M. TR 1-2 12S Tier duties reeerty le-mted Deuele Ireaslil 1 1 9 SO (cen.ertedteslnelel iftm k4 nil Force In Print Eiec- trie Furnaces." Simultaneously there will be a program on "Practical Melting Practice for Castings." These subjects will be taken up: "Summary of Technical Information on Amount of Oxygen Re- the money needed to make the purchase. The deal makes the surviving company both a manufacturer of paper with offices at Richmond and a producer of chemicals and gasoline additives with headquarters in New York.

Albermarle has a plant In Middletown. The new corporation will be known as the Ethyl a Virginia company. It has a total of about 6500 employees and numerous manufacturing plants in nine states. Needed to complete the deal was: Payment of $116 million to Jersey Standard and OM for 313,648 shares of Ethyl common, the entire amount outstanding; Borrowing of $200 million, $20 million of It from the sellers, the rest from institutional Investors; Payment of $65 million in dividends to the sellers, representing the entire earned surplus tnrougn October 31, built out of the accumulated earnings of many years. BENERAL PRODUCE MONDAY, DECEMBER 3.

1962 U. S. Department of Agriculture Ohio and Southern Indiana farm aggsi Prices peld net to producers for egqi candled and graded after delivery to puver with returns based on consumer grade yields included in U. S. caaei lichenoid.

SNEU E6GS: Market steady to barely steady, tuoolies of large more tnan ample In most Instances for irregular, mostly slow demand; medium amolo for moderote demand; small balanced with demand In most Quarters. Mostly 36 S3e 33c 25 (27c 17 18e 26 (S2Bc 12 ffllae A jumbo 33 A large 30 A medium 23 A small 15 laraa 22 Undergrade! ..12 (40 038 (3I (S24 S30 51? loot delivered to Ohio cities: Prices paid to country packing plants for cogs delivered to meier Ohio cities. Minimum 50 cases. A leroe 39V4(42c A medium 32 (S35e lama 36 (539c Carton A large 44 rSSlc Carton A med. 36 SM2c Prices paid delivered to retail storasi Mostly A large 43 r51 46 (ffiase A medium 35 (343 39 (Sale A small 30 (S35 31 (a 33c leree 41 (Si5 42 (Sitae Carton A lerqi 46 (SS4 49 50c Carton A med.

38 (346 40 343c 1IVI 'OUlTRYi Fryer suooliet no more than edeouatei large volume it high tide mostly, orlce represents guaranteed rices to growers; trading on heavyweight ens nili lightweight offerings continued plentiful, generally well cleared by good cenner demand: fryer-roaster turkey tredino Increased, offerings of VOunaj hens continued very light. Prices paid it farms for No. I auelity ctiickanti Moetly Frvers 2VM lbs 13 flMHA 13W14e Hens, light 7 ffl BVS 7 A Be Turkevsi Vounotoms 21 flMl'A 2Me Fryer roasters. 24c MADY-TO-tOOK POULTKYi Fryer prices ranged three-ouerters to one cent highert movement through retail outlets over week-end generally reported very good. Delivered I f.

o. p. Cincinnati, Columbus and Cleveland, Craoe A Ice-packed. Mostly Frvert I'-J lbs 23V4(24 Hens, lbs over 30 0)34 3IVi32c NIADBT PR00UCI CHINK! CABBAGIi 16-ouart baskit l. DHL: Per doien bunches 11.25.

tNDIVIi Greenhouse 16-ouart basket MEtNSt Various varletln bushel baa. kets tl a1 .25. KOHlRABh Per doren bunches $1.50. lEtKS: Ni Mies reported. IITTUCI: Greenhouse Leaf 10-pound basket Bibb 5-pound bestir 75c 5j1 25; fair condition 50c.

PARILITi Curly type per dozen bunches 50c PARSNIPSi Toooed 8 -ouart besket $0I: Per doren bunches $1.25. SPINACH: Bushel baskets II 1. 50, T0MAT0CS: Greenhouse 8-pound basket Crade A l.752, medium special rS? 1 25. 16-ouart basket topped 75c. MISC.

NUTS: Pecans Alebama Stuarts per pound 52 53c chestnuts, Italy per pound Bride A lflci AA 22c. CHRISTMAS TRIE! AN0 6REINS: Kentucky pine roping 50 verds S4 S05i Trees Northern nhtn fJimra llu u. for possible leter setting Scotrh ner trM Pannuiluani tn4 n. bundles Ouehec S450 Ontirie New York 2 50. NATIONAL STOCK Seles (Hds.) High low Net Last Ch'ai Ansonie 1 640 6.40 6.40 .40 Camp Cham 1 2.90 2.90 2.90 .20 Missile Sires 4 1.40 1.40 1.40 .10 TV Develop 2 ,75 .75 .75 0 5 Wells Indus! 5 .55 .55 .55 .10 Total sales 1300 shares.

DESIRE SALES AND MARKET DEVELOPMENT WORK 10 veari top menegement background In hiringr training: sates oromotioni Koduct develoomenti budgetin. building products field. Old enough to have had the reouired experience ind maturity of iudgment. young enough to achieve new goals, decisive enough to get the lob done. Box 63, The Engulrer.

ANNOUNCING Our 343rd Consecutive Dividend A quirterly AivideDil sf 11.13 per ehire, payablsi Janniry 2, 1963 to hr bolder ef record lis eioie ef busine Deeess ber 10, 1962, wis declared December 3, 1962. M. McComia, Trtaturtr The Cincinnati and Suburban Bell Telephone Company Sldewall Erosion in REGIONAL SALES MANAGER-SALES ENGINEER PROCESS INDUSTRIES EQUIPMENT Wt rtauln i qualified man for tha position of Regional Saltt Manager In our littleford-lodige Precision Mixed Division. This division Is responsible for tha sales and marketing of mixing and blending equipment to the process industries. REQUIREMENTSi Age range, 30-40 1 Education, Minimum 2 to 3 years college.

Ch.E., E. or Chemistry Degree preferred. Experience, It least 5 Years regional sales management and sales engineering chemical plant equipment eouipment for the pnocess Industries, chemicals, or technological experience in process operations. Reasonable travel required. REMUNERATIONi Basi salary commensurate with ability) expenses and commission bonus.

Reply In detail giving personal, educational, and experience background, etc. Personal Interviews will be arranged. LIMIeford-lodig MUer Division Llttleford Inc. ex R.8. THE ENQUIRER By Associated Press A relatively unpubliclzed Virginia company that for 75 years held to its original purpose of making paper has purchased the giant Ethyl Corp.

in an immense financial transaction. Observers of the business scene compared it to Jonah swallowing the whale. The purchase, for $116 million, was negotiated with two giants of the corporate world the General Motors Corp. and Standard Oil Co. (New Jersey).

They had shared ownership. One of the intricate details of the transaction was that Albermarle borrowed from the sellers some of Refund Planned ruled In favor of the local companies. The gas refunds will amount to about $2.50 for customers using gas to cook and heat water, and about $6 for customers who also use gas for space heating. Refunds to the large commercial and Industrial electric customers in the areas outside Cincinnati, Norwood and St. Bernard, resulted from a recent ruling of the Ohio Supreme Court.

Auction Firm Names Officers Sidell Freckman Officers of the new Bel. mont Auction, are Robert L. Sidell, Henry Free kman and Jim Mc-O a w. The auction firm, at 12 E. Fifth Newport, will conduct public sales every a day morning; 0 cars and on Saturday aft- ernoon for McGraw miscellaneous merchandise.

The building; comprises 12,000 square feet with merchandise available for inspection dally from 10 a. m. to 4 p. m. The new company will purchase private collections of art and antiques as well as household goods.

Insurance News R. E. Nethero, Cincinnati representative of The Lincoln National Life Insur ance Co. and a member of Glenn W. Isgrig; Si Associates, has been named a winner in the company's recent nation-wide Minute Man sales contest.

The competition, which continued for three months, called for a substantial amount of sales and service to clients as a means toward qualification. EATON I BALANCED FUND 11 cents a share Dividend from lirytstment Income 21 cents a share Capital dint Ditlribitiea STOCK FUND 9 cents a share Dividend from Investment Income IS cents a share Capital Cains Distribution Oieldend Mat Distributions peveW Dee. 21 tl shareholdeee ef record it P.M. Nov. 30, 192, 24 fKttrH It, oston.

Mass, its! 3 norano CARLOAD OFFICE FURNITURE iju is 1 StfUfig a i rr. -fnnnnn-miifimirllii 1 Circulation This Week ea at a at i MEMO TO ADVERTISERS: ill ill I WATER IN THE SOUP! BIGGEST DESK VALUE! There is an advertising phenomenon, currently being discussed, called 'total audience, You take a soup bone, add water until the pot is full and that is "total Makes two or four or five times as much soup out of one bone. Amazing The "bone is a publication's primary circulation The water is the secondary coverage, so thin by definition that there's hardly a calorie in a carload of itt Any adult who read one item in the past several weeks or months is called a reader, THIS WEEK Magazine starts out with 14,400,000 primary ABC circulation and chooses to Ignore the watery secondary readership. A3 a result of its solid, regular coverage, THIS WEEK is continually breaking sales records for its advertisers and it is noted for the speed and efficiency with which it operates. We think it is hard enough in these noisy times for an advertiser to influence a regular audience- people he can reach with certainty and reach often.

Mot much is gained by illusions, or by any dilution of the ABC. We are not here to crusade against water. We merely would like to observe that when it is added either to soup or to circulation, the enrichment is negligible Officii Shop! Home STORAGE CABINET Full 8" 3-pelnt locklnq doors Adjustable shtlvts Heavy cjaucj itnl 44 50 req. Stf.SO (K.O. add $8.

for set-up) OFFICE TABLE TEXTOLITE fop Matches disk it right In originil carton Lags lasily itteched 69-50 req. $8.00 EXECUTIVE SWIVEL CHAIR Full lite, full swivel Adjustable tilt, height Firm cushion siet 44-95 req. SSf.SO 1 1 All-wildid hnvy giuge steel Tripli-eoitid enamel gray finish Stainless still legi, adjustable hiight dup, full suspension file drawer driwir leeks ill drawers Full Attachable Typing Conversion Unit Locks en it typing liv.l Available for only 29.95 nc. 11 19.95 I 24" Center Brie Tl 12 95 1 159so I Iti CINCINNATI OFFICE OUTFITTERS 66 now DOWNTOWN of 312 MAIN STREET Phone 2410080 for prompt delivery Fri Parklnq HlnHomllton call Wbbelds, lt3-4747 lot Niit Doer Frii Diliv in Gmtir Cineinnitl.