Skip to main content
The largest online newspaper archive

The Sandusky Register from Sandusky, Ohio • Page 12

Location:
Sandusky, Ohio
Issue Date:
Page:
12
Extracted Article Text (OCR)

PAGE 12 SANDUSKY REGISTER JAN mi Bliss Gets Support For GOP Chairman Post WASHINGTON (UPI)-Ohio Republican Chairman Ray Bliss is receiving "important" support For national GOP chairman, according to Rep. Clarence J. Brown, Manchester, dean of the Ohio GOP congressional delegation. Brown, National Committee member as is Bliss, said Wednesday he had received telephone cails and letters from all sections of the country and from all levels of the party asking whether Bliss was available. "There was a sufficient number to be quite important," Brown said.

Brown said he discussed the chairmanship after Bliss addressed the Ohio Republican congressional delegation in a closed meeting. Bliss, who attended the news conference, said he would support the present GOP chairman, Sen. Thurston B. Morton, as long as he wanted to remain in the job. Morton has indicated he plans to step down.

When asked about his availability for the job, Bliss said: "It seems to me to be pre sumptive to get into the thing as long as Thruston Morton is chair man. I feel he did a first class job in the campaign and as long as he wants to remain there, I'm for him." "I've said I'll support Ray Bliss for the chairmanship if he agrees to be a candidate," Brown said. Bliss, as Ohio GOP chairman, led the Republicans to a vote plurality victory in the Ohio presidential race Nov. 8. Ohio Republicans also picked up two House seats to lengthen the GOP majority in the state delegation to a lop-sided 16-6 margin.

Wall Street Chatter Railway Express Rates Increased WASHINGTON (UPI)-A 20-cent rate increase on some railway express shipments went into effect today. The increase, approved Wednesday by the Interstate Commerce Commission (ICC), applies to less-than-carload shipments between all points on most commodities. Milk, cream and daily newspapers are exempted. Church Has Stamp Plan For Picnic CONYERS, Ga. (UPI) Mem bers of the Conyers Methodist Church are receiving green or yellow "trading" stamps for each attendance.

After Easter, those with the most stamps will be given a picnic outing at Warm Springs, Ga. NEW YORK (UPI) -The real strength in the stock market still appears to center in the relatively small number of non-or anti- cyclical groups that might expect to weather a general business de cline without disruption of rising earnings trends, according to Winslow, Cohu Stetson. Food, tobacco, natural gas and finance companies seem to bel the main bastion of this strength, the firm says, along with several coal companies (like Peabody) and, of course, American Tel Tel. These issues, plus government bonds, seem to be the main beneficiaries of conservative investment programs and their continuing strength does not bode particularly well for the rest of the stock market or the business outlook, notes. Walter Gutman's "Stock of the Month," listed in Investor Magazine, is Air Products.

"I can see people doubling their money in two years in this stock," the Stearns Co. analyst says. Investors Advisory Institute recommends three machinery stocks which appear to have "bottomed out" and for which a substantial upturn is now in sight: Chicago Pneumatic Tool, Food Machinery Chemical and Gardner-Denver, Martin Gilbert of Van Alstyne, Nozl Co. feels that the Dow Jones industrial average in 1961 will surpass its all-time highs later in the year. NO JANUARY THAW Maps shew U.S.

Weather Bureau's 30-day estimate of temperatures and precipitation for the month of January. a frightening costume and carrying a pickax, mysterious figure represents Death in an old Indian ceremonial dance at Guadalupe, Mexico. More than a million Mexicans come to visit the shrine of Our Lady of Guadalupe each year. A church was erected at the spot where an Indian saw a vision of the Virgin in 153 I. Red Boss Wants Reich 'Neighborly 7 BONN, Germany Premier Nikita Khrushchev Wednesday renewed his call for neighborly" coexistence vith West Germany and a German peace treaty.

In a reply to Chancellor Konrad Adenquer's New Year's greeting, Khrushchev said a peace treaty would "have a particularly fruitful effect on relations between our states." West Germany maintains that a peace treaty can only be signed by a freely-elected all-German government. tXPFC TED I MVi URtS Eastern half of the Great Lakes, Ohio Valley and Middle Atlantic be cold in January. Well, Doggone: Business For Pound WICHITA FALLS, Tex. (UPI)A unit of the Wichita Falls dog pound was on its way to pick up a stray that had been hanging around a woman's home for nearly a month. Then, in a quiet, serene voice, the lady dispatcher for the police department said over the radio: "Better hurry, the lady says he's having pups on her front lawn." Traffic Death Toll In State Up 6 Per Cent COLUMBUS (UPI) The Department of Highway Safety reported today that deaths on Ohio highways totaled 167 during Nov- or six more than the corresponding month in 1059.

For I960 through November, there were 1,744 traffic deaths in the state, up 6 per cent over the corresponding period of- the previous year. Pilot Dies In Crash Of Jet Fighter SAN DIEGO, Calif. (UPI) A Navy jet fighter crashed and burned Wednesday near Miramar Naval Air Station, killing the pilot. The Navy identified the pilot as Lt. William J.

Kozel, 34, San Di ego. Officials said Kozel appar ently made no attempt to bail out of the jet when it developed engine trouble shortly after takeoff from the Naval Air Station on a training flight. Kozel is survived by his widow, Marian Jane, four children and his mother of (1259 National Road) Bridgeport, Ohio. MOST In I960 Karin Levin posed for 80,000 still photographs and scenes on a quarter- million feet of motion picture film. Eastman Kodak, who employs Karin as a model in Rochester, N.Y., claims she's the most-photographed woman in the world.

The photos are used to control experimental and production flims. More than 10 million parakeets are owned by seven million families in the United States. Financial Gossip How Did Other Mart Statistics Fare? By HENRY J. BECHTOLD UPI Financial Editor NEW YORK (UPI) -We all know 1960 was a fizzle as far as stock prices go. But how did the other market statistics fare? The New York Stock Exchange answers this question in an eight- page statistical summary which covers everything from sales to short interest to number of trading days.

In case anyone is interested there were 252 trading days in 1960, one less than the year before. And on one of those days, Dec. 12, the opening was delayed one hour because of a severe snow storm in New York the first such delay since Feb. 20, 1934. While the number of issues listed on the "Big Board" rose from 1,507 on Jan.

1 to 1,525 on Dec. 1, and the number of shares from 5,847,269,552 to 6,397,888,001, the market value of the total listings fell from $307,707,698,158 at the start of the year to $292,991,130,927 at the beginning of December. Price Dropped The average market price of all listed shares dropped from $52.62 to $45.79 in the 11-month span, the summary showed. The low for the year, however, was $44.07 reached on Nov. 1.

Stock volume for the year amounted to 766,693,818 shares or an average of 3,042,436 shares per day, compared with 820,296,279 shares or a daily average of 3,242,278 shares in 1959. The record for any one year still is held by 1929 when a whopping 1,124,800, 410 shares changed hands. December, thanks to the busiest final trading session of the year on record, was the most active month with volume of 77,354,585 shares, and July was the quietest with 53,870,465 shares. The largest daily volume was registered on Dec. the smallest on Oct.

shares. Members Holding There were 71 exchange memberships transferred last year with the highest sale being made at $162,000 and the lowest at $135,000. In 1959 there were 83 seat sales and the highest price was $157,000, the lowest $110,000. The number of member organizations of the exchange rose from 661 at the start of the year to 669 on Dec. 1, and their branch offices jumped from 2,275 to 2,483.

Short interest in stocks traded on the exchange was at its low point of 2,750,844 shares on Jan. 15 and at its high point of 4,398,150 shares on Dec. 15. Short interest occurs when borrowed stock is sold with the hope of replacing it later at a lower price. Wall Streeters view the high short position as of mid-Decem- er as a bullish market factor since this stock will have to be bought sooner or later.

Ashbrook Arraigned In Killing LAS VEGAS, Nev. (UPI)-By- rort Ashbrook, 37, was to be arraigned in court today on a charge of murdering his wife of less than five months. Ashbrook, member of a wealthy Ohio family who gave up his job as a bank director to marry his wife Betty, 36, last August, has told police he had a "good reason" to commit the Christmas day strangulation but has refused to give details. Attorney Harry Clairbome said he planned to seek a preliminary hearing for Ashbrook. Attorney Irvin Dymond of New Orleans, will assist in the defendant's defense.

Ashbrook's mother and sister planned to be in Las Vegas to stand by him. Ashbrook was arrested Christmas day shortly after he called his sister at Allentown, to tell her of the slaying. She called police who went to Ashbrook's apartment and found him and the victim. Ashbrook had been working here as a cook and his wife as a waitress. They came here and were wed Aug.

2 after he was divorced from his wife July 29. His former wife was granted custody of their five children. "I gave up just about everything and completely severed my financial connections," Ashbrook told newsmen after the slaying. When pressed by newsmen if jealousy was the motive of the killing, Ashbrook said: "I have no comment about that or anything about the case." Deaths In U.S. BALTIMORE, Md.

(UPI) Edward Block, 58, senior vice president and general manager of the chemical division of the Olin Mathieson Chemical died Wednesday of a heart attack at a hospital here. TROY, N.Y. (UPI)-Joseph F. Durrah, 70, telegraph editor of the Troy Times Record for nearly 40 years, died Wednesday after a brief illness. I XPECTtD PKtCIPI 1 AT ION MIAVY MODERATE LIGHT AVERAGES: JAN.

1 JAN. 31 Weather Bureau says precipitation will exceed normal the Southwest and Atlantic Coast, lesser amounts elsewhere. FINAL CLEARANCE SALE WOMEN'S DRESS SHOES VALUES TO $8. HIGH AND MED. HEELS .97 WALTER'S 1S1 E.

MARKET ST. fSff) MA 6-26H Wl AND MMfM VACATIONUNO STAMPS CLEARANCE SALE Entire DRESS and COAT INVENTORY REDUCED! DRESSES Silts 7-52 Many Marked Down to $7.98 COATS Clutch or Rutton Front Twoods and Shiny Hocks All Siies and Colon Many at $2498 SKIRTS Twttds and Plaids Many Marked Down To CAR COATS $0.88 Many Marked Down To IUIKY SWEATERS Many Marktd Down To $4 All Sales Final All Sales Final NEW YORK (UPI)-Edward L. Mulvehill, 59, president of the American Re-Insurance died Wednesday at his home after a brief illness. MAHPOAC, N.Y. (UPI)-Mrs.

Olga Hone Rogers, a dog breeder and judge who was considered an outstanding authority on poodles and English cocker spaniels, died Wednesday of a heart attack. We carry complete stocks of Pittsburgh Plate. Glass to fit windshields and windows of tit" cats and trucks. Instolfod whlla you watch IttMiranca-aaarovod sirvlco Proa estimates mi inn i PLAT TTSBURGH GLASS COMPANY 212 Hancock St. I MA 5-2933; CROSBY'S SEMIANNUAL SHOE tKir 1 WOMEN'S DRESS, CASUAL and SPORT SHOES JUST rwiet A YIAM lo Saw now on your fashlonil Chooie from hi nteie find All tiui bt the lot.

WOMENS-TEINS SHOES A Special to on Sale at only Odi lata from ilocfca pficerrf for CROSBY SHOES 2ND SMASH WEEK WASHABLE COTTONS Cash and Carry Only Reg. 39c, 49c, 59c Yd. CLOSE-OUT ASSORTMENT What you'll find in this group is anybody's guess. ONLY 44 WINTER DRIP DRY PRINTS end Famous Make GINGHAM PLAIDS SPECIAL PURCHASE SUITINGS The latost in 45" wido twoods, textures and solids. COTTON SHIRTING FLANNELS Solids and Plaids All remaining stock.

49 DECORATOR FABRICS Hugo assortment. Bargain Price. widt. 1 yd FINE COTTON SATEEN DRAPERY LINING eggshell and ran high count soften. Reg.

98c 69'. ALL NEW SELECTION UPHOLSTERY FABRICS 54" wido, nowost colors and patterns. Reg. fa 3.98 yd. yd Most Have Rubberised leckief PLEATER HOOKS 49 laf 10) PLEATER TAPE 29c Yd.

Vala CLEVELAND SHOPS SANPUSKY PLAZA PHONi MA 52941.

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

About The Sandusky Register Archive

Pages Available:
227,541
Years Available:
1849-1968