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The Evening News from Sault Sainte Marie, Michigan • Page 12

Publication:
The Evening Newsi
Location:
Sault Sainte Marie, Michigan
Issue Date:
Page:
12
Extracted Article Text (OCR)

12 THE EVENING NEWS, SAULT'STE. MARIE, JULY 15, '64! THIS IS IT! THEY'RE GOING FAST AT TED CAFFEY CHEVROLET- ANNUAL NEW CAR CLOSE- '64 MODELS BRAND NEW CHEWS AT CLOSE-OUT PRICES! OUT THEY GO IMPALAS BEL AIRS BISCAYNES CORVAIRS CHEVELLES CHEVY ll's PICK-UP TRUCKS DEMONSTRATORS TRADE NOW! HUGE TRADE ALLOWANCES YOUR PRESENT CAR WILL NEVER BE WORTH MORE! OUR SPECIALTY ON-THE-SPOT FINANCING FOR AREA RESIDENTS AND MILITARY PERSONNEL TED CAFFEY CHEVROLET 719 ASHMUN ST. ME 2-9996 SAULT STE. MARIE, MICH. I Automated Check Handling System Pays Big Dividends By SAM DAWSON i Even bankers are impressed AP Business News Analyst the figures.

When standardi- NEW YORK ofization efforts started 1954, the nation's leading bankers are in New York this week to tackle the problem of one kind of flood control. That's the handling of this nation's banks had 47 million checking accounts and they then thought was quite a paper mountain of eight billion personal checks, which have I checks a year. nearly doubled in number in the Today they have 63 last 10 years. The outpouring is accounts and an annual check expected to double again in the turnover of 15 billion. About 90 per cent of all bills are paid that pretty: wa ore this decade is over Inext 10.

Standardization has 'well licked today's problem, Americans may well be writing You probably know it as that bmion checks a vaar i funny looking printing at the bottom of your checks. But will more automation be needed to keep tomorrow's flood from engulfing the banks? i That's what more than 1,000 bank from 24 other debating at 1 the American Bankers Associa- lion's national automation con- I ference. Firms Plan Merger Vote DETROIT (AP) Share- holders of Federal-Mogul-Bower Bearings, of Detroit and Sealed Power Corp. of Muske; gon will vote Sept. 28 on a proposed merger of the two I firms.

Approval of the proposed merger by directors of both i companies was The ABA estimates that 700 commercial banks now have data processing systems, mostly to handle checks. To this some banks have added computers in the last four years to run herd on savings, installment credit and mortgage accounts. But on the standardization problem almost all of the 14,000 banks, acting through the ABA, turned to industry experts, such as engineers, computer technicians, printers and government officials. They used the facilities of the American Standardization Association to work out automated check handling. They developed two technical tools: magnetic ink character and the odd- shaped numbers at the bottom of your check known as E13B.

This is how it works: The E13B system uses the basic digits of zero to nine, plus 'Father Follows In Son's Steps PATERSO.X, N. J. (AP) When The Rev. Garry DeWitt becomes pastor of the Sixth Reformed Church here next (month, he will have followed in the footsteps of his son. The Rev.

Mr. DeWitt of Musi kegon, was asked to become pastor when the congregation learned his son. Rev. jJohn R. DeWitt was leaving.

jThe youngci DeWitt, 23, pastor ifor five years, is going to The Netherlands for advanced theo- logical study. I The 57-year-old father, who I had been a guest preacher at jthe church was selected by the 2.58 families of the congregation and will be installed Aug. 31. "He will be a fine pastor," jsaid his son. "He is a fine i father and had quite an in- ifluence on us." The elder I DeWitt will preach his final ser- I mon at the Unity Reformed Church in Muskegon, where he 1 is minister, on Aug.

16. All three of The Rev. Garry DeWitt's sons are ministers. The father, a graduate of Hope College and Western Theological Serminary, Holland, has been pastor of several churches. ST.

IGNACE STRAITS AREA NEWS NORMAN WECSON AND DOLORES W1XSON Telephones 122 or 541 MACKINAC STRAITS HOSPITAL ENTRIES July Livingston, Marysville, Mich. July Livermore, Brevort. July Salo, Ozark; Fannie M. Rye, Pickford. Julv E.

Finley, Mans- St. Ignace following ohjo; Mafgaret BaWry In Jail Figlit At Beach Party ST. IGNACE Two Mackinac Island men were remanded to i fight at a beach party on nac Island Sunday. The men are Larry Visnaw, 18, and Don-1 aid Gallagher, 28. Visnaw was arraigned Monday in Judge C.

A. Gustafson's justice court and was charged with as- July Mary Helmer, i St. Ignace. ST. IGNACE BIRTH REHN Mr.

and Mrs. Oliver Rehn of I sault of a police officer. He was 796 or tage Street, St. Ignace, announced four ecial control symbols for the bank's application. When the bank prints your personal check, special ink imprints your account number on the bank draft in these digits and svm- bols.

When your check is cashed, it. passes under electronic sensing equipment. An electric charge magnetizes the ink, the check is automatically read for the account number, the amount of money involved, and the bank on which it is drawn. Where banks have computers available, these then sort, list, and post the checks at the rate of thousands a minute. The E13B numbering system has spread to such things as credit cards, invoices, traveler's checks even office records There is now talk of adopting a global standard for worldwide Reynolds, Sealed Power execu- banking.

live vice president, to the board But this week the bankers are Tuesday by G. S. Peppiatt and James 0. Wright, chairman and president, respectively, of Fed; eral-Mogul-Bower, and Paul C. I Johnson, president of the Mus- concern.

i The merger agreement pro- i vides that Sealed Power share! holders would receive one share of Federal-Mogul-Bower ings stock in exchange for each share of Sealed Power stock owned by them. If the merger is approved, Sealed Power would be oper- ated as a division of Federal- Mogul -Bower Bearings Inc. Johnson would become general manager of the Sealed Power Division and a vice president of Federal-Mogul-Bower. Shareholders Federal- Mogul-Bower also will be asked to elect Johnson and Gordon E. I of directors, expanding the I talking even farther into the fu- board from nine to 11 members.

Sealed Power, with manufacturing plants at Muskegon and St. Johns, produces piston rings, pistons and cylinder sleeves for original equipment and service applications. Federal-Mogul Bower manufactures sleeve, ball and roller bearings, oil seals and specialized aerospace components for the automotive, farm implement and ture. At the meeting they are hearing of the wonders to come the day when their customers would have their pay automatically deposited in the bank by the employer, and withdrawn electronically by merchants honoring customers' credit cards. That could chip away at what bankers see as an ever-growing mountain of personal checks, billions and ever more billions of them.

Lakes Water Hearings Set WASHINGTON (AP) Sen. Philip A. Hart, will open hearings July 24 before the subcommittee on Merchant Marines and Fisheries on the economic impact of law water levels in the Great Lakes. The announcement was made today by chairman Warren G. JMagnuson.

of the Commerce Committee. Witnesses from the U.S. Corps of Engineers, the Department cf Commerce, the State Department and the Secretary of Interior's office are expected to testify said Magnuson. Last April, Hart asked secretary of State Dean Rusk to investigate with Canadian authorities the possibility of diverting water into the Great Lakes, and other remedial action. "Reports have come to the committee that the Great Lakes presently sre at their lowest levels in 100 years," said Magnuson, "and the shallow depths many parts of the lakes seriously affect shipping as well as community water supplies, disposal systems, boating and swimming." unable to post a $500 bond and remained in the county jail.

Gallagher pleaded guilty to a charge of assault and battery. He was fined $10 and assessed a cost of $4.30, and sentenced to five days in the county jail. are the parents of a son, William Joseph, born July 12. He weighed eight pounds and ounces. Storm Hits Straits Area ST.

rain and wind storm that hit the area here Monday caused considerable damage along the waterfront and stopped ferry sen-ice to Mackinac Island for several hours. The Kiwanis beach has been closed because of debris washed ashore in Monday's storm. The raft at the beach was damaged C-C Membership Drive Starts ST. Chamber of Commerce membership drive got underway here on Monday with John Piskorz acting as chairman. A goal of 155 members has been set for this year's drive.

Working with Piskorz are four drive captains, Thomas Taylor, B. Dell and Arthur They have agreed teams and the life tower and beach markers were washed ashore. ve being and every businessman contacted before the end of the week. Piskorz said Tuesday that the Open House ANN ARBOR University of Michigan will hold an open house Sunday at its Radio Astronomy Observatory on Peach Mountain. The facility, located 14 miles northwest of here on North Territorial Road will be open to the public from 2 to 4:30 p.

m. The Bishop dock on N. State St. near the Indian Village was damaged and the cruiser that operates from the dock on charter trips to Mackinac Island was moved before the dock washed out, to another small boat shelter in Moran Bay. At Mackinac Island there was heavy damage to small craft at the Michigan Waterways Commission marina.

Many of the larger boats were escorted by the U. S. Coast Guard to sheltered water on the west side of the island. There they remained for several hours, protected from the storm. It was also reported that there were power lines down at Mackinac Island.

The rain started at about 4 a. m. Monday and did not stop until about 12 noon. The wind subsided late Monday evening. FIRE DESTROYS BUILDING ST.

one-room wood framed -building located on the Simmons Road about six miles north of Cedarville was destroyed Monday night by fire. The Pickford fire department answered the call. State police said the building was owned by Archie Huff of Cedarville. It was being used as a radio shack. construction tries.

OF SUCH A COUNTRY DUNT BUT, NOW, VOU GUNG BE A IT TOOK US SO YIRRS TO GET YOU OGTOf THE-pTu'. -OLD COUNTRY, MY OLD MAM TAUSHT IT TO Me: "DO UNTO OTHERS THSV A CHAMCS TO DO UNTTO you." ALMOST POSITIVE- IT GO LIKE THAT and about 75 per cent of the goal was reached Monday. Adding to the success of this year's drive, according to Piskorz. is the push given by old members who came in early to the chamber office to purchase their memberships. SOFTBALL ST.

softball contests that were rained out Monday will be played at Athletic Park this evening. The schedule is as follows: Moran vs. Trout Lake and Mystery Spot vs. Merchants. The switch in schedule which calls for Moran and Trout Lake playing the first game resulted because of the firemen's meeting called for tonight.

This will allow some of the players who serve as volunteer firemen to attend the meeting, it was reported. ST. IGNACE BRIEF The women of the Episcopal Church will serve a plate lunch on Sunday, July 26, on the lawn at the church on Portage St. Serving will be from 3 to 7 p. m.

In case of inclement weather, serving will be in the church recreation hall. The public is invited. -f THERE'S NOTHING I ENJOY" MORE THAN WAKING YOU OUT OF A SOUND SLEEP PICKFORD Arriving here Mr. and Mrs. Ragan Galloway and children, Ray, Kevin and Rayna, from Fairbanks, Alaska.

They visited with Mrs. Galloway's parents. Rep. and Mrs. C.

T. Morrison for ten days before continuing on to Cummings, to spend some time with Galloway's parents. They will return later for a longer visit before returning to Fairbanks about August 10 for another year. David Taylor left for his homa in Belleville Sunday after spending two weeks with his grandmother, Mrs. Fred J.

Smith, and other relatives in Pickford and Sault Ste. Marie. Mrs. Ted Rodowicz came from Chicopee, to attend ma Pickford High School class reunion on July 4. En route sha visited her sister, Mrs.

A. J. Garlick, in Belleville, Mich. She also visited relatives and friends in Pickford and Sault Ste. Marie before leaving by plane for her home Wednesday.

NEWBERRY NEWS Graduates NEWBERRY Linda Green has finished her training at Northwestern Academy of Beauty. Traverse City. She is the daughter of Mr. and Mrs. James Green, of Newberry.

A dinner was served at ths Schuler's Restaurant, Traversa City, for the graduates. Miss Green is a graduate of Newberry High School and will be affiliated at her mother's shop. Mary's Beauty Salon at 216 East Harris Street. WONT BE Y-S-HOW f.VSI'UcD CM YOU FEEsH SENT 1 AVD THAT TO Spy CN TO A STOKf WHICH IS AL- WtlL. THAT CE- ROUNDS DUBIOUS MATIOS OWM MAGAZ.N'S NEWBERRY BRIEFS Vicki is attending Camp Flagons.

Marquctte Diocesan summer camp this week. The ten-day session ends July LIGHTS INSTALLED XEWBERRY Blue revolving lights and sirens are being installed in conservation officers' patrol cars in compliance with a recent state law. Most of the fifteen conservation officers in District Four now have such lights and sirens, remainder will have before 15th of July..

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About The Evening News Archive

Pages Available:
33,810
Years Available:
1924-1974