The Racine Journal-Times Sunday Bulletin from Racine, Wisconsin on July 18, 1965 · Page 31
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The Racine Journal-Times Sunday Bulletin from Racine, Wisconsin · Page 31

Racine, Wisconsin
Issue Date:
Sunday, July 18, 1965
Page 31
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Page 31 article text (OCR)

Sunday, Ju\y 18, 1965 RACINE SUNDAY BULLETIN 7C Expansion in Racine The Devere-Locke Division of Locke Manufacturing Companies, Inc., has announced plans to expand its production facilities at 1220 Washington Ave. W. L, Hancock, Locke •Manufacturing vice president and general manager of Devere-Locke, said the expansion is scheduled for completion about Oct. 1 and will include installation of two new assembly lines in the three- story Washington Ave. building. Buy Second Building Warehousing, shipping and packaging will be transferred from the Washington Ave. building to a two-story building about 50 feet north. An enclosed loading dock will be built to connect the two buildings. The smaller building was purchased from Racine Paper Goods Co., which will continue to occupy the second floor, Hancock said. He said increased production schedules and a sizable order backlog pushed the division into the expansion, which will mean the addition of about 15 employes, including five men who will participate in an on-the-job machine operators training pro- MINDING YOUR BUSINESS By Cyrus Barrett Jr. in Dear.Cy: Never thought I'd get into the position of refusing business. When the buyer hit me with the big blanket order for baseball equipment, I knew we were in deep financial tl-ouble. We are so strapped financially, I don't see how we can buy materials to produce. Banks have turned us down for loans, which, I understand, makes our firm eligible to apply for a Small Business administration loan. Do you think they would consider loaning us $19,700? We have only 3 employees. Belton. Dear Belton: In the loan league, the Small Business administration • may win a pennant this year. It is making almost 300 per cent more loans under $25,000 than it did a year ago. And , . . 1964 was no SEA slum. In 1963 the organiza-' tion received 4,397 applications for $25,000 (or less) loans. Of these, 2,431 got m home. Through 1964, 11,388 applications went to the plate with 7,020 scoring. The fact banks have refused to lease you money would indicate they doubt your ability to produce according to specification within a certain time. SBA may feel likewise and refuse you. Nevertheless, take a swing at SBA and don't act as if you are asking for peanuts. Administrator Eugene , P. Foley says, "The trend toward an increased share of small loans will undoubtedly continue as we make more loans of $25,000 or less under the poverty program." A recent recap of SBA loans listed firms in diverse activities, such as manufacturers of fireplace dampers, shoes, golf tees, sitz ' baths, ceramic pottery, caulking compounds, telescopes, neon signs, and marbles. In ; April, SBA approved loans for 1,709 businesses totaling $24.8 million. Although some were in six figures, the average number of employees was slightly less than 7. And speaking of small business, SBA recently loaned $10,000 to a nursery school. Cy. gram scheduled to begin about three months. The training project will be supported in part with federal funds available under the Manpower Development and Training Act. Make Lawn Mowers Locke Manufacturing Comp a n i e s, headquartered at Bridgeport, Conn., bought the division from founder A. Devere Harnett in 1963. The division produces rotary power lawn mowers for institutional and industrial use, and small tractors. Current employment is about 40; during peak production in April and May it reaches 50 or more. Although he did not reveal dollar figures, Hancock said division sales and earnings were up about 25 per cent for the fiscal year ended June 30, enough to wipe out a loss sustained in the previous year. Hancock came from Locke's main offices at Bridgeport last fall to take over the Racine operation. Harnett continues as a director and vice president of Locke Manufacturing, acting in a consulting capacity to Devere-Locke. Besides the Racine division, Locke Manufacturing has plants at Bridgeport (reel-type power mowers) and Huntington, Ind. (steel chain). The company had consolidated net sales of $2,773,000 and net earnings of $104,626 for the first three-quarters of the year ended June 30; final figures are not yet available. Epstein Heads Illinois Firm 1. G. Epstein, former vice p r e s i d e n t-engineering and marketing for the Components Division of Sunbeam' Electro n i c s, has been named p r e s i dent of Auto - Ponents, a Deltrol Corp. affiliate. A u t 0 - P 0- nents, at Bell- w 0 0 d, 111., makes valves and hydraulic actuators used for industrial machinery, road equipment and in the processing and machine tool industries. An electrical engineering graduate of the University of Illinois, Epstein was with Eicor in Chicago until joining the Avionic Division of the John Oster Manufacturing Co. as a sales correspondent in 1951. Epstein continued with Avionic, renamed Sunbeam Electronics, briefly when the firm completed its move from Racine to Fort Lauderdale, Fla., earlier this year. Argentine Packers Face Difficulties, Says Visitor Keller Inflation, high production costs and an artificially low official monetary exchange rate are making it difficult for Argentine meat packers to compete in the world market, says a former Racine man now an executive at an Argentine plant of International Packers Ltd., Chicago. Walter D. Keller is controller at the huge (5,000 production workers) plant operated by Compania Swift de La Plata, S.A., at Rosario, 180 miles northwest of Buenos Aires. The firm is a subsidiary of International Packers. Currently in Racine on a visit, Keller has been at the Rosario plant four and a half years. He is a graduate of Washington Park High School and the University of Wisconsin (1951). Cites Financial Problem Keller said the plant lost money last year after a profitable 1963 and is continuing in the red this year, substantially because cattle and raw materials are purchased at inflated internal prices while export transactions SALES AND WEATHER A researcher who studied weather tables and retail sales found that each degree above normal in the fall or below normal in the spring causes a 1 per cent dip in store sales. Epstein canceled out profits exporters expected to gain through the devalued exchange. Another factor in the Argentine packers' cost prob lem is a drouth two years ago which caused a beef shortage that helped drive cattle prices up, Keller said. Between 70 and 75 per cent of the Rosario plant's output, which is primarily beef but includes pork, vegetable and linseed oils and powdered milk, is exported. The main markets are England, France, Germany, Italy and Greece. Some canned meats are exported to the United States, Keller said. CARDS OF THANKS SABATINO— We wish to express our appreciation for the many acts of kindness and expressions of sympathy and condolence extended by our friends and neighbors durlnc the recent death of our beloved son. — Mr. and Mrs. Russell Sabatlno SPECIAL NOTICES THE PISH WERE BITINO AND WE CAUGHT A LOT OP THEM !fou c»n enjoy » l»«ty boneless fish dinner. lott» ' ilsh with French frle.i, cole slaw. lemon chunk, bread and butter for the low price of »5c. Come In and eat here or call 8UN8HINE BAR AND QRILL. N.E. corner nth and Taylor Ave., dial 837-1259 for carry-out service. Call In and save time — your order will be ready — or hop Into your car and come on over, then relax a bit and enjoy a refreshing gla-ss of Schlltz draught beer while waiting for a few minutes for your cavry-out order to be put the good food and fast Some in today I up. Try service! CAMERA (S: PROJECTOR REPAra «, t«, 35 mm. units, plus tape recorders, phonographs, stereo, and multiplex equipment. Free estimates, complete electronic lound lervlce. EDWARD'S SOUND SERVICE HIO Washlgnton Ave. Dial 832-0110 WANTED —'"INFORMATION LEADING to person or persons who either bought or transported the following 1 quarter horse named Shawnee Lady, 2 Appaloosas named Duke and Tonka and l Arabian mave named Melody^Please contact 633-5120. Thomas Restaurant THE PLACE TO EAT Short Ordera Breakfast—Lunches—Dinners CORNB;R .STATE AND MARODF.TTf. TROUT FISHING 101 Stuart Road Weekdays 5 p.m to sutiset All day Sat., Sun., or Holldayi Hatcherj_License_ll« LOST AND FOUND FOR LOST DOGS AND PETS OR FOR dogs and cats for adoption contact The Humane Society's Animal Shelter 1121 Stuart Road, dial 81(6-4497 Mon through Frl. 11 a.m. to 5 p.m.. 6:3n to B p.m.; Saturdays 11 a.m. to 4 p.m LOST — RING, GRADUATION jSl George High Schooli. Reward. Write Box Y-44, Journal-Times. AUTOMOBILES FOR SALE 9 IN MEMORIAM the bulk of the plant's business—must be conducted at the low government-set rate of exchange. The Argentine peso was devalued in April to an exchange rate of 171 to the dollar, but Keller said further devaluation—to about 200 to the dollar—is sought by packers and others. He said this would help bring the exchange rate in line with the inflated internal rates, which range up to 284 pesos to the dollar, and would enable the plant to better compete with its main rivals—chiefly plants in Australia and New Zealand, France, Germany and the Netherlands. Keller acknowledged that further devaluation by itself would be only a partial solution, since the Argentine at the same time needs to find some way of holding down spiraling internal prices. Wages, Costs Rose When Pres. Arturo Illia took office in October 1963, his prescription for an ailing economy was increased investment in basic industry He boosted the money supply, curbed all but essential imports and introduced tight exchange regulations, aimed at halting the outflow of capital. After two years in which Argentina's gross national product declined an average of 4.6 per cent, output rose 8.2 per cent in 1964. But wages and living costs went up 30 per cent. The government followed its April devaluation of the peso with imposition of new export taxes that virtually IN LOVING MEMORY OP CLEG ZA- halka who passed away five years ago today, July 18, 1960. Many a lonely heartache, Often silent tears. But always a beautiful memory, Of one we loved so dear. Sadly missed bv her family. FUNERAL DIRECTORS DAHL- KASUBOSKl FUNERAL HOME For the Service YCn Want 1439 Douijlai! Ave Olal «32-1.13:i MONUMENTS ft CEMETERY LOTS 4 CEMETERY GRAVES IN WEST Lawn Cemetery. Call 835-4461 any time. LELAND "RED" JONES. COUNSELOR. West Lawn Memorial. 632-7832. FLORISTS LEE'S FLOWERS 1655 N. Main St. Dial 834-3352 Douglas Flower Shop FLOWERS OF QUALITY 1678 Douglas Ave. Dial 633-4881 •tick •58 CHEVROLET Station Wagon. Heater, shift. WEST RACINE GARAGE 3204 Wash. Ave. Dial 634-2760 1962 STUDEBAKER 6 — GONE TO service, want to sell. Call after 5 p.m 639-3906. AUTOMOBILES FOR SALE '57 CHEVROLET station Wagon. Radio, neater, automatlo transmission, power iteerlng. WEST RACINE GARAGE 3204 Wash. Ave. Dial 634-2760 1986 BUICK GRANDSPORT CONVERT- ible. Pull power, radio, automatic floor shift, bucket seats. $2995. Phone 632-8901. 1957 CHEVY - 2 DOOR, V-8. STICK, with mag wheels and Hurst floor shift. Call between 4 and 7 o.m 632-1342. 1964 CHEVROLET IMPALA CONVERT- Ible — V-8 engine, full power, white with white top. $2250 or best offer. 886-4137. AUTOMOBILES FOJtA*LE t|__JlUTOlilOBIllt FOil Mil t 1962 CORVAIR MONZA — ONE OWN- er. Automatic. Excellent condition. Low mileage. Call after 5. 724 Park Aevne. 1964 SUNBEAM ALPINE - Q.T. RE- movable hardtop. 6,500 miles, new condition. Call 634-7746 weekdays after 4:30. •62 RAMBLER AMERICAN 400. CON- vertlble. Married student. Must sell. Best offer over $600. 2904 17th St. 19B4 OHEVELLt STATION WAGON- stralght shift. Real economy driving In warranty. 11,871 miles. 634-3994. '60 CHEVROLET Impala 4-door Hardtop. Radio, heater, automatic, power steering and brakes. WEST RACINE GARAGE I 3204 J ,Vash. Ave Dial 634-2760 1957 THUNDERBIRD -NEW "ENOINK ' and transmission also 2 tops. Call ancr_5 P.M. 639-7596. •57 FORD COUNTRY SQUIRE. POWER steering, brake."!. First $150 takes 637j:.6279 after five. • 1962 CHEVROLET — 6 CYLINDER stick. Good condition. $1195 or best offer. Dial 637-1932. CONVERTIBLE—FORD, 1962 GALAXIE XL. 406-385, 4 speed. Black Beauty. Private. 637-8700. 1957 CADILLAC EL DORADO SPORTS convertible. Excellent condition. Best offer. 639-0133. 1959 CHEVROLET IMPALA HARDTOP. Like new. Automatic. A-1. 2806 Geneva. 639-6369. 1961 THUNDERBIRD — REAL SHARP. No reasonable offer refused. Dial 634-1121. Summer-Time driving fun starts here .... If you just plain enjoy summer going, we've got a great selection of quality used cars waiting for you. Each one budget-priced to give you the best in summer-time driving. Stop in today. 2 BIG LOTS 2 Fifth St. . 2207 Lothrop 1963"/2 FORD 634-15'!?.' G.^LAXY . —.2 ,DOOR •58 T-BIRD - NICE CONDITION. Power brakes and steering. Best olfer. 633-7339. 1964 SUNBEAM IMP. WITH CAR^TOP carrier. Excellent condition. Call 886-4051. r963~VOLKSWAGEN - NEW TIRFS Side opening rear windows. Dial 833-7538. - . 1964 CHEVROLEt SUPER SPORI Coupe - 4 speed, hke new. Dial 1957" PLYMOUTH - EXCELLENT Mb- chanlcal 5 jD .m. ' condition. 634-0544 after 1961 RAMBLER AMERICAN CUSTOM station wagon. $395.00. 618 Emmertscn Road. ^ '61 CHEVROLET Station Wagon. Radio, heater, WEST'RACINE GARAGE OLD CARS WANTED —-,.„ „„„„ Auto Service 3037 Norton 6.<2-2282 1949 OLDSMOBILE COUPE -_65___EN- SPECIAL NOTICES 1 Ciiairs, Card and Banquet Tables for Rent MERCHANTS DELlVERV. Dial 632-5103 WE RENT PIPE DIES. PIPE CUTTERS, pipe vises, tubing benders, blowtorches, sewer rods. United Rentalls. 1466 Douglas Ave., dial 632-6493. LORRAINE AND MA PATZKE STILL serving Elmer's chicken and shrim everyday at 626 High Street. Plus fls: on weekends. 634-9555. gine Good_body_and__EaiBt^ 637-8n9, 196£rcORVAIR CORSA - MANY EX$2700. 2905 Green St. 639-1321. 1961 AUSTIN HEALEY - LOW MILF- aee. very clean. Best offer 639-3415,_ 1964 FORD - 6 CYLINDER. STAND- ard Be"t oLf(i„ove 1 ^1850^633-3733, 1962~PLYMOUTH FURY - 6 CYLIN- der. stick 4 door. Clean. 639-4868^ 1947' BUICK—RADIO. HEATER. GOOD condition. Call 632-6982 after 12. WANT A BETTER JOB OF SEWER CLEANING? CALL "MAC" at "Roto Rooter" Sewet Service. 634-6869. MEN'S FORMAL WEAR RENTAL low rate. PONTILLO THE TAILOR 310 SIXTH ST.. DIAL 633-2084. ' WEDDING INVITATIONS - RAISED printing. $6.95 per 100 Open eve nings. 633-9152. 1955 CHEVROLET 4 DOOR --6 CYL- Inrier. stick shift. Dial 633-0988. 1964 LE MANS CONVERTIBLE. 4 speed. Best offer. Call 632-6724. PACKARD—1940. RUNS GOOD, GOOD tires. Call 637-6805 after 6. •61 CHEVROLET Impala 4-door Hardtop. Radio, heater, automatic transmission, WEST RACINE GARAGE 3204 Wash. Ave. Dial 634-2760 LEASING NEW CARS and TRUCKS All Makes Low Rates Ask for Mr. Londy Don Hutson Leasing, Inc. CHEVROLET-CADILLAC-CORVAIR-CHEVY ll-CHEVELLE V Lakefront at Fifth St. Dial 637-1224 4 f'Xi TYPIST AWAY? CALL TODAY TYPISTS'STENOS'OFFICE VCORKl-RS MANPOWER' TNC VIMV MIST IN TEMPORARY HELP 637-1263 IRY'S BUICK PERHAPS YOU DOK'T KNOW (Most People Don't) That You Can Purchase a Buick Wildcat With 126-Inch Wheelbase $ For As Little As With The Equipment Listed: Automatic 400 Transmission Power Steering Power Brakes Radio Whitewall Tires Custom Seot Belts With Retractors Safety Group E-Z Eye Windshield Washers With Two Speed Wipers Remote Control Mirror Door Guards Chrome Trim Option Plus many standard equipment items such as 126 Inch Wheel Base for the ride of rides, 1 5 inch wheels for longer tire wear, 325 H.P. Wildcat 445 Engine, Aluminum Front Brake Drums and many, many more. Certoinly Not a Stripped Down Buick Wildcat COMPARE This with other cars that ore comparably priced . . . don't buy any new car until you get OUR DEAL ON A 1965 BUICK Check the many advantages in a Buick Wildcat. "Wouldn't You Really Rather Have a Buick" 100% financing available if needed and desired with accepted credit . , . don't worry obout 0 thing. Perhaps You Also Didn't Know There's o Buick 2- Door Sedan Priced So Low AS 830 So. Marquette DIAL 634-3373 "We Boy Co//e» Anytime" »3795 Only FOR THIS BUICK WILDCAT BIG SAVINGS HERE $10 DOWN ON MANY USED CARS '65 COMET 2-Door. Brand new $1989 If Credit Risk is Accepted Check Our Deals Before You Buy! Either New or Used Gar bo Motor Sales 3077 Douglas Ave. 639-7612 or 639-4900 Lincoln-Mercury, Comet Dealer I i Hulbert-Stauffacher Ford Presents. The Personal Lease Pl^n Now you can drive this brand new, full size, fully equipped 1965 Ford Galaxie 500 4-door sedan for only... A MONTH Fully Equipped with V-« Engine Automatic Transmiuion Power Steering Push Button Radio Backup Lights Heater and CTefrosters 2-Speed Wipers and Washers Outside Rear View Mirror Seat Belts Electric Clock, Etc. vVE WILL PURCHASE YOUR PRESENT CAR NO DOWN PAYMENT, NO INTEREST, FINANCE OR CARRYING CHARGES! If at any time you decide you would prefer fo purchase your PERSONAL LEASE car, Hulbert- Stauffaclier Ford will credit every cent you have pold toward the regular purchase price. Now, for the first time, you can have all the advantages of owning a cor without the bother and worry. Hurry over and let us prove it to you today! Comparable rates on all full size models. Brand new, fully equipped Mustangs are available on The PERSONAL LEASE PLAN! Hulbert - Stauffacher Ford 1000 S. Lafayette Ave. Dial 637-7981

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