Green Bay Press-Gazette from Green Bay, Wisconsin • Page 29

Boy Press-Gazette Sunday, Jon. 17, 1971 C-7 Green Bay Press -Gazette BUSINESS, LABOR, FINANCE PAGES GAF Products From Pembine Cover Rooftops ft A 5 0 Jm, fb. Mif. Apr. Moy Juna -mm- By BEA BLOMQTJIST PEMBINE Tucked in the 2x woods 10 miles off Highway 141 on a 600-acre sand plain near ism, introducing new and Imaginative equipment.

Later mergers of companies manufacturing cameras and sensitized plates, papers and diazo materials formed a base on which GAF built its present 33S 300 350 335 ma V. Pembine, the GAF Kremlin plant is turning out mineral granules for roofing and other industrial uses from Industrial photo, consumer andesite, a green crystal dating photo, and business systems di back to pre-Cambrian eras in 200 vision of the company. In 1966 GAF acquired Saw earth history. Mn, Tuts, Wad. Thuf.

The operation, a multimillion yer's one of the nation's lealng manufacturers of dollar business, is one of more than 50 diversified manufacturing plants and research locations of the New York, based graphic slide, still and motion picture projectors, slide reviewers and scenic slides, and also Eugent Do Charmt Photos 300 295 290 215 2S0 275 270 260 GAF one of the nation's holder of worldwide rights to View-Master products. GAf Corp. Site at Kremlin, Hear Pembine Property has large vein of andesite greenstone large multi-industry complexes offering diversified products GAF color films and auto- mated convenience cameras and services based primarily on chemistry. In 85 Countries were used on orbital flights by, U.S. astronauts.

Among other photographic innovations are' GAF has facilities in 85 coun Somerville Firm Now Registered With England John E. Somerville Associates, tries, with a total volume of the world's, highest-speed color' film kits for home developing o2' :) i i a 1 3 y.V ') i I w- "ft-, I :1 business of $600 million per color films, and non-screen year. medical X-ray film. With a long history of scien With 80 per cent of American tific pioneering, the company's households taking either still or domestic manufacturing and has been entered on the list of registered architects for England, according to Informa Two-Year High The stock market continued its climb at the end of last week to record a high for the past two years. The Associated Press average of 60 stocks rose by 2.4 points to close at 295.6.

(AP Wirephoto) Cut in Prime Rate Fuels Market Rise marketing divisions include motion pictures the corporation is accelerating its research and chemicals, photographic prod tion John Somerville has re coming out with new products ucts, business systems, building ceived from London. for amateur, professional, medi products and industrial Somerville's application has cal and industrial photography. Purchased in 1967 been approved by the Archi Thousands of individual items tects' Registration Council of in several major categories go The Kremlin plant at Pem to a worldwide consumersmp, bine, became part of GAF in By LINDA RIBEY NEW YORK (AP) With by the White House. Observers said this measure could result in a $2.6 billion tax reduction for the United Kingdom following passage of a law early last year permitting foreip architects to register in that country. According to a company spokesman, GAF's products are ether- prune lending rate cut fueling the flame of ardor, stock businesses this year.

geared to the needs of mankind, Somerville's firm presently Is 1967 when the Ruberoid Co. merged with the corporation. The Staso Milling Co. originally started the operations in 1939, followed by the Central Commercial Co. which preceded Ru "The Indications are the stock from daily necessities to re market prices rose to new re covery peaks this week.

At the close of trading on Fri search in outer space and under market Just doesn't want to go the fifth from the United States to be registered among some 15 firms that have applied for the seas. The variety is so wide down," Smith concluded. "A beroid. that virtually every major In few months ago prices tumbled day the Dow Jones average of 30 industrial stocks had climbed registration. Among the 20,000 people em at the slightest bad news.

Now the market can just shake these Somerville has been doing ployed in GAF operations in 23 8.69 points to 845.70 from the dustry is served. Serve Many Firms Colors and chemicals are sup- states and abroad, GAF has 100' week before. The previous re things off." Averages Up 2.4 architectural work in England since 1965 for Paper Converting Machine Co. of Green Bay, employes at the Kremlin plant, covery high for the Dow was piled to manufacturers of tex with annual payroll of $500,000. tiles, paper, leather, oils, cnemi- 849.26 registered on Nov.

14, 1969. which owns and operates a plant The Associated Press 60-stock average climbed 2.4 points to Kremlin is a flag station at in England. cals, plastic, rubber, cosmetics, pharmaceuticals, carpeting and Volume was heavy all week 295, a 1970-71 high. Standard with 87.23 million shares chang building materials. Poor's 500-stock index rose 0.84 In addition to a wide range of to 93.03.

New Company Formed MILWAUKEE (AP) Wil "custom tailored" for customers, The New York Stock Ex ing hands compared to 70.14 million the previous week. The most active trading session was Wednesday, when 19.07 million such as a herbicide for soybean liam Capellaro, a former television news director and more change index of some 1,200 common stocks advanced 0.70 points cultivation, GAF produces com which the Soo line "way freight" can can stopped on Its way east or west on alternate days. Henry Willis, local historian, disputes rumors that the mine site got its name from Russian immigrants who settled near the railroad siding in the early days. "There never was a settlement of Russians anywhere around here," he gaid. recently administrative assis pounds valuable in their to 51.16.

shares changed hands. Economy Moving right as solvents, Intermediates On the Big Board advances tant to Lt. Gov. Jack Olson, has formed a film production company with S. Michael Crivello, "The effect of lower interest or specialties that, are vital raw materials in the chemical proc led declines 1,315 to 387 out of 1,811 issues traded.

The market ess industries. if 7 had 409 new highs and 3 new chief photographer for WISN-TV, and John Barto, WISN-TV cameraman. rates and the general impression that the economy is moving forward were enough to sustain the market and overcome any In the building industry GAF lows. and companies merged with the corporation introduced the first On the week's 20 most active Named by Englishman list 11 stocks advanced and 9 de asphalt roofing; inter-locking He explained that the name clined. and wind-resistant roof shin was given to the flag stop by The five most active issues on Englishmen who financed the profit taking," said John Smith, an analyst at Fahnestock Co.

Smith noted that the market absorbed two distressing pieces of news at mid-week. One was the White House confrontation with Bethlehem Steel over its gling; and permanent-color plastic-coated siding. the Big Board were: Federal Research in the latex field re National Mortgage, up 4 at 61; little section of railraed in 1886 as part of a planned short-cut linking eastern, and western Canada. The same financiers Texaco, off 1 at 32y4; Occiden sulted in a new froth process for Rock Shovel Digs Into Andesite Operation on middle level of three level quarry tal Petroleum, off at 17; backsizing and laminating tuf sharp price increases on certain Telex, off ltf at. 14U: and ted carpets, a system recently built the Canadian-Pacific Rail The open pit method of min Items.

Chrysler, off at 25. road. Who says opportunity never knocks in Green Bay Iff knockinf right now. But only a man who wants to be great financial auccest hag tht guts to answer. The opportunity ii a Management Recruiters International franchise, right here in Green Bay.

We're the country's second largest personnel placement firm, with over 250 offices here and abroad. Ara you tha man who can take our proven successful concept and make a go of it? All it takes is an investment of $15,000. which Includes franchise fee and operating capital. For all the details, caU toll free at (800) 321-2308 and ask for Alan Schonberg, President. Or write Management Recruiters International, 1255 Euclid Cleveland, Ohio 44115.

MANAGEMENT RECRUITERS INTERNATIONAL adopted by several major carpet mills. vary considerably in texture i workers and machines first and composition throughout the 'grind the rock into granules of area but are relatively uniform; exact size. The granules are ing is employed to remove the The second was the break The five most active issues on According to Willis, relatives down in the talks between ma The floor covering division the American Stock Exchange of the Englishmen were married rock. The huge shovel-truck operation is scheduled for almost on the GAF property. also claims the largest variety jor oil companies and certain oil were: National General War to members of the Russian roy producing nations following pre rants new, up 1 at Nytron- every week day of the year, ac of tile designs in the business, the result of a multi-color ink al family and in honor of these relatives the little Soo Line flag vious reports that oil prices and ics, up 1 at Ecological Sci cording to N.

V. Stansfield, taxes would be increased on oil embossing process. then color-coated ceramically in firing furnaces to 49 different colors. In the process, lab tests constantly prove out the color quality to guarantee that products sold months previously can be matched for customers. stop was named after Kremlin Generally the rock owes Its color to the presence of large amounts of epidote, with chlorite and serpentine contributing.

From the pit, the andesite travels to the crushing and processing plant where skilled ences, off 2 at ll34; Southwest Forest Industries, up 3 at GAF is a major producer of produced in these countries. Kremlin plant manager. Surrounded by Granite Square in Moscow. office systems, manufacturing "But the market showed no The cross-continental railroad WVi and Leasco Data War copiers, business forms and Stansfield pointed out that the real panic over these develop rants, off at 65g. route never joined at that point audio visual equipment, and is a greenstone found is sur so Kremlin never got beyond ments.

The market perked up again In the following days," being a flag stop. As far as the leader in the field of diazo copying for engineering and archi rounded by granite on all sides except the east, where it meets Smith said. railroad is concerned it has always been "Kremlin." Student Project SetforWLUK-TV slates, quartzites, iron forma- On the plus side, analysts tectural drawings. Dates To 19th Century tions, limestone, dolomite, and Underground lies a vein of andesite formed 500 million Much of the GAF product line chert. Although all these forma tions are pre-Cambrian in age "The Fish Train Doesn't Stop derives essentially from a com said, was the cut in the prime rate Initiated Friday by the First National City Bank of New York which lowered Its rate from i per cent to 61! per years ago from volcanic lava flows.

their exact relationships are not Here Anymore" Is the title of known, he said. First discovered In 1835 in the mon technology based on light-energy-color relationships, surface phenomena and complex a Sunday TV special taken from Pointing out that there are the oroiect work of a University cent. Bate Cut Helps molecules. of Wisconsin-Green Bay student two types of andesite here, some massive, glass-looking The corporation traces Itself Andes Mountains, andesites form many of the mountain peaks In Colorado, Nevada, Yellowstone National Park and some old peaks along the Pacific coast. James W.

Hansen, the son of greenstone and schistose green The prime rate is the interest charged by commercial banks on loans to their best corporate Mr. and Mrs. Albert W. Hansen, of Rt. 2.

Oconto, developed the stone and taff, or volcanic ash, Stansfield said that greenstones program as his sophomore Lib The deposit at Kremlin is par eral Education Seminar project ticularly suited for the GAF CONDITION I. i back to several American technical enterprises, some dating back to the 19th century. The earliest reference is to Edward Anthony who opened a daguer-rotype shop in 1842 and immediately began to use photography for new purposes such as aerial mapping, magazine illustrations and photo-journal product because of its uniform The story, depicting the decline of the fishlne Industry on Lake HOr.lELITE color, harnesss and durability, as well as for its heat stability Michigan near Green Bay, can be seen at 6 p.m. Sunday, on customers. The prime rate was reduced the previous week from 6 per cent to 6 per cent.

Analysts said the general decline in interest rates has been a big boost to the market all along. Another stimulus for the market was the liberalization of the business equipment depreciation rules announced this week and resistance to mechanical or SPACE HEATERS Channel 11, WLUK-TV. chemical disintegration. tttiU FEDERAL Wm-lOUt I I I I Hansen's project adviser was December 31, 1970 IT Kenneth F. Anderson of Neenah, a UW-GB performing arts inn Ml IMIIJ BeAnAPnlFooh" ra Don't Assets FIRST MORTGAGE LOANS $10,913,708.24 Sears General Jobbing Corp.

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