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The Honolulu Advertiser from Honolulu, Hawaii • 11

Location:
Honolulu, Hawaii
Issue Date:
Page:
11
Extracted Article Text (OCR)

HONOLULU ADVERTISER Saturday, Sept. 19, 1964 B-3 UAW, Ford Agre e9 trike Deadline Mart Takes Dip Despite Rebound NEW. YORK (UPI) Stocks closed slightly lower next year; one week's extra vacation; two more paid holidays, and an increase in worker relief time from 24 to 36 minutes a day. benefits; fully paid hospital and medical insurance; a wage increase of 2.5 per cent in 1965 and 2.8 per cent in 1966, plus an extra two cents By EMIL A. Schneider Advertiser Business Editor The "whys" and "wherefores" of Libby, McNeill Libby's recent announcement of new can sizes and other changes in its canned pineapple products were outlined by company president Robert L.

Gibson Jr. at a stockholders' meeting in Portland, Me. Said Gibson: "In recent years, pineapple, one of our major products, has been a problem child. We are now launching a bold new marketing program to increase sales and earnings." He added that "the consumption of canned pineapple has remained static for the past 10 years, while the consumption of other canned fruits such as peaches and fruit cocktail has increased as much as 50 per cent in the same period. "The industry has been standing pat with tne same products and the same methods." 'Breaking With Traditions9 Gibson said that "in changing our marketing strategy, -rn-rr' ii iiiri'ym'nr nwnm imtt iiinwi inwii in win ulai we are breaking with many traditions that have dominated the industry for over half a He listed the changes as 40 per cent cut in the number sizes and a new label.

"These changes," he said, UPI Photo LOS ANGELES Don Whipple, equipment engineer, studies minute electronic parts that will help operate the high-speed telephone system of Pacific Telephone Century City office here. The system, first of its kind in the West, will handle telephone calls in millionths of a second, and provide other extraordinary services. VKvi 1 Mi: 'S i yy I mv: 3 i Mxix-vc''isiE 1 I i yB-'y-yyMM: yyyy-yyyy -y I yyyyyyy yy yx yyyyyy yw-y yyiym I yym i $ym- i 4 K-: myfw'-yyyi y-'yyyi i iy yyyy -1 'v 1 bmh.iwiiriii)iiMi,imiwiili liniiiiiiKiHiiwiniiiiiniiiiiiiiiMM I nmm ir i tftf1 if. economies wnicn permit price reductions on all styles of pineapple. This will better able Hawaiian pineapple products to compete more favorably on the retailer shelves with Formosan and as other products." In another break with tradition, he added, Libby's 1964 pack will be in heavy syrup which is 20 per cent lower in sugar than the extra heavy syrup used traditionally throughout the pineapple industry.

Gibson said Libby has cut reasons to give canned pineapple a more-like-fresh flavor, U.S. 'Greatness In Education, But Its Costly and to conform to the modern caloried foods. yesterday after rebounding from the heavy selloff which followed news of a new shooting incident off the coast of North Viet Nam. Despite the hectic pace of trading in the early minutes of the reaction, total volume was behind Thursday's pace. Word of the incident spread slowly through Wall St.

early in the fourth hour but trading did not show any significant a i on until after 2:15 p.m. EDT when the tickers fell more than five minutes behind floor transactions. High flyers and recent market favorites were among the hardest hit but quickly turned around and began moving up from their worst levels around 2:30 p.m. The tape caught up shortly afterward and trading settled back to more normal proportions. DOW JONES INDUSTRIAL average lost 3.55 to 865.12.

Rails were off 0.34 at 215.30. Standard Poor's 500 stock index dipped 0.31 to 83.48. Trading totaled 6,160,000 shares compared with shares Thursday. Losses outnumbered gains as 687 issues retreated while 392 advanced. Of the 1,354 issues traded, 63 touched new 1964 highs while 14 hit new lows.

FORD TOPPED the mar ket in activity. It dropped 54 to 577s on 156,200 shares T71 I5 ill- ora settlement on a new three-year labor contract with the United Auto Work ers drew some favorable action at first but it later receded. Chrysler was in second place, down lVs to 65 on 145,100 shares. Chicago, Milwaukee, St. Paul Pacific Railroad was third with a gain of 3i to a new 1964 high of 303,4 on 110,700 shares.

American Motors was fourth with a loss of Vz to 17 on 91,000 shares. Ship Movements ARRIVALS September 1 Kotohira Maru No. 35, Japan ORS.L Northwestern Victory, Kahulul Barrett, San Francisco MSTS Hawaiian Builder, Nawiliwill Lantornian, San Francisco AA Hawaiian Retailer, San Francisco nawauan Motorist, Los Angeles Hawaiian Rancher, San Francisco September 20 Pioneer Moor, Canal Zone Sultan, Yokohama MSTS departures September 1 Brazil AAaru, Kobe THD Kotohira Maru No. 35, Japan Alexandra Agassiz, San Diego Hawaiian Islander, Hilo Hawaiian Builder, Portland cautornian, Nawiliwili September 20 Bayou State, San Francisco Barrett, Yokohama MSTS Theaker, Attebury prepare to light 'crackers. Rites Mark Start Of Center Project "The new lighter flavor is designed to appeal to all.

age groups, but especially to younger families who consume the greatest amount of food," he said. Produce Center Open House Members of Produce Center Development, Ltd. are holding an open house from noon to 2 p.m. today in their new quarters in the Iwilei Produce Center, located in the rear of the old Oahu Railway depot at 918-920 Iwilei Road. The produce wholesalers have moved from their former quarters on River once the hub of Honolulu's fresh food distribution business.

But the River St. area is being torn down by the Honolulu Redevelopment Agency. The State, through the agency, is providing the wholesalers with the new Iwilei quarters. Thomas Pires investment firm, will open Monday in new quarters room 507 of the First Federal Building, 843 Fort St. The firm has been at 79 Merchant St.

for the last 14 years. Meetings Planned Schuyler Hoslett, dean of the University of Hawaii's college of business administration, will discuss management development at a luncheon-meeting of the Hawaii Manufacturers Assn. Thursday at the Host International Restaurant at the airport. Land legislation and its implications will be the topic of an address by State Sen. George R.

Ariyoshi, D-Oahu, at a luncheon-meeting of the Honolulu Board of Realtors Thursday at the Ala Moana Banquet Hall. 4c Elaine Chang has organized a distributorship called U.S. Marketing of Hawaii, 1259 S. Beretania to handle a product known as the "Do-It-Yourself Professional Exterminators Kit." Over 200,000 of the kits have been sold on the Mainland, she said. DETROIT (UPI) The United Auto Workers Union and Ford Motor Co.

yesterday beat a strike deadline and reached agreement on a new three-year contract giving 130,000 workers the basic laenefits of the pattern-setting Chrysler agreement of last week but providing some "chocolate frosting" in the form of a $100 Christmas bonus. At almost the same time, the UAW also announced settlement of a new contract for 7,500 Chrysler office workers averting an-' other threatened strike scheduled against that company. A BEAMING Walter P. Reuther, president of the UAW, announced the Ford agreement less than an hour before a 10 a.m. strike deadline.

He said, however, that because the timing was so close some plants might not get the word and could go on strike anyway. That's exactly what happened. First, the company reported that the Metuchen, N.J., assembly plant was closed because not enough workers showed up yesterday morning, and then it said the Cleveland, Ohio, engine plant No. 1 also was shut by a strike. REUTHER, addressing a crowd of newsmen jammed into a corridor at the Ford central office building in Dearborn said: "I am happy to join with Ken Bannon, director of the UAW Ford department in announcing a settlement with Ford on a basic national agreement.

The economic aspects are essentially the benefits of the Chrysler package." Malcolm L. Denise, Ford labor relations vice president, said the company was "very pleased to have this settlement. We accept it as a realistic settlement." The Ford benefits like those at Chrysler include early retirement at age 60 with up to $400 a month in Pacific Gas Dividend Directors of Pacific Gas Electric Co. have declared a quarterly dividend of 272 cents a share on the common stock, payable Oct. 15 to stockholders of record Sept.

25. Gilbert Chun will be reinstalled president of the Ka-pahulu Businessmen's Assn. tonight at the Kaimana Hotel. Larry Ronson, director of marketing for the First National Bank, will be guest speaker. Other officers to be installed are Irene Gentry, vice president; Ethel Kaaihue and Lefty Kina, secretaries; Harry a treasurer; Roy Nakano, auditor, and Francis Chun, sergeant-at-arms.

Thomas J. McGuire has retired as president of the McGuire Yoshimoto E. F. MacDonald Travel Co. of Chicago to open a travel agency here to serve clients of MacDonald and Happiness Tours.

He and his wife will live at the Ilikai. THREE have been NEW positions created in the Klein Transportation Division Dillingham R. Fountain is superintendent of maintenance and repair. J. M.

Addison is operations Li'ULAtb Light of K. KHVH To Be Run century. new product formulation, a of items offered, new can "have enabled us to effect Malayan pineapple as well the sugar content for two trend toward lighter, lower- J' OPEN? YOU LEARN BY D01N9 Truck Driver" Over-the-road diesel semi-tractor maintenance. Master Auto Mechanics Heavy Equipment Dozers, etc Scientific Engine Tune-Up Automatic Transmissions Architectural Drafting These trades are BOOMING! New York Tech. (Founded 1910) 1375 Dillingham Call 815-827 NOW! Full-time day, or Sat.

classes. 'Course to be offered if survey warrants. at Atkinson Drive 962-161 rr By New Subsidiary Advertiser Photo by Charles Okamura off, much to the delight of the 100 or so guests attending the ceremonies. Lowell S. Dillingham, president of Dillingham noted that when phase II is completed, Ala Moana not only will be the largest shopping center in the world but also the best in terms of quality both because of the Center's merchants and their merchandise.

Mayor Blaisdell described the huge shopping complex "as the kind of facility that enhances Hawaii's SHELLY MARK, State director of planning and economic development, not ed that the expansion program will add to Ala Mo-ana's contributions to the community's payrolls, tax revenues and other facets of economic life here, and added that the State is getting "a real bonus" from the Phase II project. The pile-driving ceremony was set in motion by Dil lingham's 16-year-old daugh ter, Heather. She also had pushed the button for the first pile driving on Phase I back in March, 1958. The Phase II project is scheduled for completion in mid-1966. Strictly Business "Frankly, I never figured you for a nonconformist, Argyle!" 'HE fif i registered with the State in clude Kaiser Hawaii-Kai Development Kaiser Cement Gypsum Kaiser Aluminum Chemical Sales, the Kaiser Co.

and the non-profit Kaiser Foundation Hospital and Health Plan. paying wages. If a youngster didn't have any academic aptitude and wanted to 'study' fishing, he'd get a fellowship to do just that." RIDICULOUS as this may sound, Fuller has touched one key aspect of any great society a dramatic emphasis on learning and its profit potentials. You easily may overlook the fact that today U.S. industry invests countless billions of hours and dollars on the chance of developing a product that the whole world will want for its kitchens or garages.

If just one individual in 100,000 makes a significant breakthrough, he can more than make up to his employer for the expense of his efforts. As it is today, so it could be on a far broader scale tomorrow. Of course, the fisherman may make less of a contribution to society as a whole than the physician. "But it's better to pay him to fish than to let him stand on a street corner, and every dollar he spends will filter down through the economy. It's also perfectly possible that he'll come up with an important new finding about fishing." IT'S TOUGH probably impossible for us, accustomed to today's system of work for pay, to imagine what it might be like to be rid of mechanical drudgery and to be rewarded for learning and exploring.

But here, Fuller insists, "lies the real wealth of the future." Could it be that our grandchildren's first adult question will be not "How will I earn my living?" but rather, "How can I increase the world's wealth?" Sugar Market NEW YORK (UPI) World No. 8 sugar futures yesterday finished 4 to 7 points higher in sales of 564 con-No. 7 3 points 194 con- tracts, closed higher Domestic 1 lower to in sales of tracts. NEWS OF 'another incident in the Tonkin Gulf sparked a small rally in futures, but the upswing ran out of steam toward the close and world sugar futures ended with moderate gains, with the domestic contract finished irregular. The London sugar market closed 3 to 4 points below previous final on sales of 701 contracts.

TTS 12 VV4 SVi 1 col indent thin WORLD NO. Open 3.45 3.47 3.51 High Low Close 3.63 3.44 3.56-57 3.64 3.46 3.55-58 3.64 3.50 3.57B 3.65 3.52 3.60N 3.54 3.54 3.60N March 'tS May Jul Sept. Oct 3.51 World spot price, 3.70 cents a pound f.o.b. stowed; open interest, 3,944 contracts. DOMESTIC NO.

7: Open High 6.21B 6.23 6.35B 6.44 6.38B 6.41 6.42 3 6.46 6.40B Low Close Nov. '64 March '65 May July Sept. 6.22 6.218 6.40 6.43A 6.41 6.41 6.44 6.46 6.50N Spot price, 6.15 cents a pound bulk, duty paid; open interest, 4,548 contracts. Public Works Week Mayor Blaisdell Monday will sign a proclamation naming the week of Sept. 28 to Oct.

4 as "National Public Works Week." By SYLVIA PORTER "Most Americans want an education for every child to the limit of his ability, and so do I. Most Americans want a job for every man who wants to work, and so do I. Most Americans want continually expanding prosperity, and so do This blueprint, in President Johnson's acceptance speech for the Democratic nomination, suggests a foundation for what the Democrats hope will become America's "Great Society." But a first hard fact is that getting an education in our land is becoming relentlessly more expensive and difficult. A second hard fact is that automation and the computer are steadily erasing jobs, and among average Americans non-work is in a steep rise. A third hard fact is that achieving and maintaining prosperity will demand an entirely new mix of public and private policies as this century ages.

WHERE, THEN, would a worker fit into tomorrow's "Great How could millions of non-workers buy and consume the enormous totals of goods and services we turn out if they don't earn wages from work? How could tens of millions of tomorrow's youngsters finance their education? "Just 50 years from now the word 'worker' will have disappeared from the American language. We will have to look it up in the dictionary. "The worker as we know him today is really no more than a specialized muscle and reflex machine, but increasingly the muscle work is being taken over by machines and the routine decisions are being made by computers. In future decades only the thinking, exploring and creating will be left entirely to man. As industry does more and more with less and less, man will become obsolete as a 'specialized THESE EXTRAORDI- nary predictions were made in an interview by an extraordinary man R.

Buck-minster Fuller, designer, engineer, inventor, mathematician and professor of Southern Illinois University in Carbondale. Fuller's inventions among them, some of the earliest designs for jet propulsion and the famed ready-made geodesic domes have made him one of the nation's top consultants to U.S. corporations and government agencies. Fuller's visions on work are far-reaching indeed, but we could be moving in the direction he foresees. If the "worker" is to become obsolete in tomorrow's society, how will he educate himself, finance his buying of goods and services? Industry and government will "employ" him to go to school, to learn, to explore and invent, says Fuller.

"Corporations and government agencies would simply grant fellowships instead of The first of some 2,500 concrete pilings for the construction of Ala Moana Center's Phase II expansion program were driven into the earth at groundbreaking ceremonies yesterday marking the official start of the $15 million project. Everything went off without a hitch except for the traditional firecrackers. The firecrackers, lit by Morley Theaker of Sears and Edmund Attebury of Liberty House, decided to off when they wanted to. FOR FIVE minutes they went on and off, on and superintendent at Oahu Railway Terminal Warehousing. B.

Y. Nose is operations superintendent for Young Bros. Jack J. Klein has been named district manager for Bekins Van Storage Co. here, replacing David Cohee, who goes to a Los Angeles executive post for the mov ing firm W.

L. Tribe Jr. is new general superintendent of Dillingham's Ka-palama Shipyard, succeeding Capt. John C. McCarthy, who resigned.

A SERIES of promotions have been announced at Hawaiian Trust Co. Kazuo Yoshimoto is assistant vice president and manager of the accounting department. Charles M. Holland Jr. is estate and employe benefit plan specialist.

Mon Tai Luke becomes assistant manager in accounting. Mrs. Clara Simpson becomes assistant manager of the mortgage loan department, and Zetta Ravekes succeeds her in the escrow and conveyance department. Dole manufacturing division has announced a new operating department, to take over frozen products activity of the by-products department. Walter C.

Light is head of the new department SWITCH YOUR ANSWERING SERVICE Your calls and Bills handled the RIGHT way by the service that is larger than all of its competitors put together? No Fumbling No Bumbling at AMERICAN! Businessmen TRUST us. Phone Bill Adams 587-111. Z7 GREAT DAY COMING FOB A new company has been formed to operate Henry J. Kaiser's broadcast industries here and on the Mainland. The firm, a wholly-owned subsidiary of Kaiser Industries is Kaiser Broadcasting Corp.

KAISER OWNS KHVH radio and television in Honolulu, KHJK-TV in Hilo and KFOG-FM in San Francisco. A UHF television station WKBD is being established in Detroit and plans are under way for four other TV stations. The stations were formerly under the operation of Kaiser Industries Corp. broadcasting division. Kaiser Industries will apply within 60 days to the State Treasurer for a certificate of withdrawal from doing business in Hawaii.

OTHER KAISER firms IF YOU ARE NOT AFRAID TO THINK ABOUT GOD And want your children to question and search and wonder as they develop a religion of their own, why not write for more information? Or visit Sept. 20 when the sermon, 'Catch a Tiger by the Toe will be on religious education. UNITARIAN CHURCH 2500 Pali Hwy. 554-047 church school services at 10:30 a.m. Gen Bridges, minister SEPTEMBER 24 'oimLVMilDrs LiTMmiKMl yi 1 I 562-387 Kaplolani Blvd.

Phone.

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About The Honolulu Advertiser Archive

Pages Available:
2,262,631
Years Available:
1856-2010