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Detroit Free Press from Detroit, Michigan • Page 45
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Detroit Free Press from Detroit, Michigan • Page 45

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Detroit, Michigan
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45
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DETROIT FREE PRESS Sunday, April 19, "64 row- tones irrousTRXAx. average 40f 1 1 1 1 I I 1 1 1 1840 WORKING CAPITAL Auto Toolers Are Prospering AN 5 Engineers Eye Lag in Research Continued from Fage 12 Continued from Page 120 Some "build" firms among Cigaret Report Hit Lorillard NEW YORK fCTD P. Lorillard Co. reported a sharp drop in first quarter sales and earnings that reflect "the full initial impact of the Surgeon General's report on smoking." First quarter earnings dropped to 37 cents a share vs. 78 cents in the initial 1963 period.

the estimated 3,000 In the state seek advances a few days after hurt mostly themselves," a Stanker. "They don't hesitate dolnr several tvtes of work and (of exhibition managers to de seem to like year-Vound em tv Zirt nrm" f110 "itermine whether Cobo Hall real-theirs which build welding problems solved. dy Conrad said. ployment." UP TO 5 YEARS OH MACHINERY EQUIPMENT ACCOUNTS RECEIVABLE INVENTORY Our representative will call Industrial Division UNION INVESTMENT CO, tablishd 11 2nd Floor Flnt Notional Bldfl. WO 3-7474 taking the place of many of the VENTI CINQUE, Thompson, bier die shons which Wolverton and Stanker Hipped huge diees for body! HE PREDICTED that the somewhat asilv into Dartner-'i 6 '(exposition is free of union stampings.

ship 13 years ago. squabbling it will mean increased convention business for Detroit. THE PARTNERS estimate their firm's net worth at over I so msmzmmmmmm t30 i LATEST WEEK fj tio 1830 i i I I I tio too 1825- -ji 1 soo 1 $W1 790 tm j- ydlff 710 mf 1810 1 i i 'i 3 Lk i Jii. i V' i i iHf 'k 730 i 1 4 1 1 1 730 720 1 1 t720 710 1 I I 710 70ol -J 1 1 (700 490 iff rt? 1 Mi Son DOKJOWI OusM 610 k-lw 1 1 680 Hi Chart By. CMAS.

CAMDCN 70Up-3L i 1 1 1 670 193 1994 6o 660 1 I 11 I I 11 iTZH II 11 UP LID I 1 I 1 1 i I If IJW8W li I 1 i iSiT! i-''mi '11 1 i i li p-M vmi-M A '-ri v'fa i.p:::,;:,;.!..:.,;;;;, -vnum MAR I APR I MAY JUN JUL AUG SEP OCT NOV DEC JAN MB MAR APR $400,000. They have maintained absolute equality in their relationship and thi3 has delayed incorporation. They were mechanics and supervisors at Precision Products in Keego Harbor, and had the common philosophy that If they could make money for someone else, why not make money four r-selves?" They became "disenchanted" RETAIL SPACE for RENT CONCESSION FREE Uctricify, janitor irv-ie, SAMS, inc. CAMPUS MARTIUS WO. 3-6925 None yet has splurged.

Wol verton lives in Holly, Venticin que near Farmington, Stanker "Even though our display space is now sold out, found a lot of exhibitors who were reluctant to return to Detroit after 1960," he said. The reference was to the last visit of the ASTME here when its show at the Detroit Artillery Armory was marred by alleged abuses of labor contracts unions. "But if this exposition goes as well as we expect, the ASTME (a Detroit based organization) on Green Lake and Thompson with their lobs at Precision on Loon Lake. Products at about the same moment, Wolverton says. He was plant manager at the company's "We need a 1S.000 foot addition but we'll have to see what the auto Industry's 1966-model tooling program brings," Stanker says.

"Few other vendor firms csn Milford plant. Stanker was equivalent to president. Precision Products made out 1964 HARDTOP CHEVY IMPALA side sun visors for cars before they had one piece, wrap will be back in 1966 and every TOP JOBS OPEN Eng. ME, EE or Chem. E.

strong math background to 12M Eng. Trainee? OpSB Sales Eng. EE or ME elec products, ird la SM Eng. EE or ME or FSD electro devices to 13M Office insurance to 7M Asst. indust 10-13M Comptroller, indust 1 4-1 RM Buyer, industrial to 10M Jr.

Engineers. ME IE up to 3 yrs. exp. to 9M Chief Ind. Eng.

and Mf r. Eng. age to 40. salary open, relocate S.W. or N.W.

Penna. Call In mnflilcne Fin Pali McCABE ASSOC. Monoqement Consultants DIAMOND 1-7686 look their customers in the eyej year thereafter," Con-ami say, 'We own our plant and' around windshields. with auto, power steering, power STANKER AND Venticinque penny scnoo brakes, radio htr. had been acquaintances at Per FREE Loaner.

shing High School, Detroit. Wol UJ Average Is Struofgling to Go Higher Mo. FREE twn parking plus other features. verton had been a Linden-Holly Ask for our low rates on any make. lad and Thompson grew up in Drayton Plains.

They all served Meetings This Week in Europe with the Air Force and Airborne Forces and had PRUDENTIAL Auto Leasing Phone WO 2-2910 200 Grand River cor. Griswold drifted to Precision Products by THE ENGINEERING conference sessions, also to be held at Cobo Hall, will offer 108 technical papers by leading tool engineering authorities. Twelve tours of Detroit manufacturing plants also are scheduled. Chairmen of the society's 185 senior chapters in eight countries and faculty advisers for the 60 undergraduate chapters will attend dedication ceremonies for the new ASTME national headquarters building at Ford and Evergreen Sunday afternoon. various postwar paths.

MONDAY MICHIGAN CHAPTER, INSTITUTE OP SCRAP IRON AND STEEL, INC. Speaker, Irvina S. Cane. Ralelsti Housa, 18641 wvorrwng, 4:15 o.m. DETROIT GLASS DEALERS ASSOCIA TION Eckner's Chop House, 6501 Sec Their debut In partnership was unimpressive only about $6,000 between them.

They rented the former service station for $70 a month and acquired used machinery to visors. ond, 6:30 P.m. DETROIT CHAPTER OP THE AMERI CAN MATERIALS HANDLING SOCIE TY Speaker, M. L. Nadier.

Red Mill Kesraurant, 73J1 woodward, 6:00 p.m TIIECnAV of week-end profit taking, the market pushed ahead with both the industrial and rail averages posting all time closing highs. Good leadership came from American Telephone, up 2, and Texaco, up 14 at a new high. Volume exceeded 6,000,000 shares for the seventh time this year. The close was up 1.68. SUMMARY After a minor hesitation on Monday, the market moved forward each day, catching its breath on Thursday before reaching previously uncharted territory on Friday.

WEEK'S RANGE High 831.63, Low 818.12; Close 827.33; Gain 5.58; Volume 27,000,000. Detroit Wr Prs Anatyil i i a 4 I I UC JU MONDAY A minor early rise failed to develop much support and after posting an advance of a little more than a point at noon, the average gradually eased. Chrysler was a standout on the upside, as were numerous' cigaret stocks. The close was was off a small 0.44. TUESDAY The market opened fractionally higher and the average improved at each hourly reading, despite a brief setback shortly after noon.

Emphasis was on basic stocks. In the market as a whole, declines outnumbered advances by a small margin but the average closed at its hourly high. The gain on the day was 1.64. WEDNESDAY Tobaccos and a scattering of blue chips led another steady advance that produced a new all-time closing high of 825.43. But again the list showed more declines than advances.

Rails eased as Washington advices indicated little or no progress in negotiations aimed at averting a nationwide strike. The close was up 2.48. THURSDAY The average crossed the 830 line on an intraiday basis for the first time in history. But it was not a strong market. Aluminums -were higher, motors firm and most other groups mixed, while airlines and tobaccos were under heavy profit taking.

It was the third straight day of an adverse advance-decline ratio, but the average eked out a tiny rise of 0.22. FRDDAY Ignoring fears we mane tnem ror awnue idetroit association of credit and then two-piece windshields went out and our market dis Our client, well roted two-plant operation, seeks, duo to growth, for its plant 90 miles from Detroit, a cracker aek. CHIEF TOOL ENGINEER Plant manufactures high grade imall hand tools. Requires a man agn up to 40 with sound tool room eioerienee, followed by eperience in development and cesign and building of dies. jigs, fixtures, special and product development Must have good understanding of product rela'ed metallurgical r'oblems.

Engineering degree desirable. The plant is located in a fine small communinty with many the recreational facilities a contented family enioys having, five miles from a well rated small college town. The position pays exceptionally well for the man selected and there are fine promotional opportunities. This may be a lifetime opportunity for you and your family. Please reply by letter only giving full details as to past experience and earnings, Eric C.

Baum and Associates Consulting Management Engineers 28 East Jackson Chicago, III. 60604 appeared," Venticinque cut in. ATTENTION COMMUTERS Tired of that long drive? DOWNTOWN BIRMINGHAM Just steps to banks, pest office, shops, restaurants. Unlimited parking, air conditioning, janitor service. Very reasonable rates.

Ml 4-8040 MANAGEMENT Credit Women's Group of Detroit. Harmonie Club, 6 o.m. CHARTERED PROPERTY AND CASU-: ALTY UNDERWRITERS OF GREATER DETROIT Speaker, Allen L. McGregor Memorial, 6 p.m. DETROIT CHAPTER, ADMINISTRATIVE MANAGEMENT SOCIETY-Speaker, L.

W. Mcintosh. Park Shelton Hotel, 6:30 DETROIT CHAPTER OF THE MICHI They were hungry $35 a week salary, plus "tote," a private joke among them a they scrounged around for GAN ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS, THE MICHI GAN BANKERS ASSOCIATION, ROB-! ERT MORRIS ASSOCIATES, AMERI-i am crwicTV oc woupn account. "items" to make. I THEY BECAME subcontractors on "detail work" to firms which had won contract for welding jigs and fixture.

So frequently did they have to wait weeks, even months, for payment, they decided in 1957 to move into the prime contract i.ET Till FACTS OX LEASIAI. ANTS and CHARTERED ACCOUNT-l" ANTS ASSOCIATION OF WINDSOR Speaker, John B. Swainson. Engineer- BJj ing Society of Detroit, 6 p.m. i ej DETROIT LIFE INSURANC8 AND I TRUST COUNCIL Speaker, D.

L. Dor-jfj nev. Statler-Hilton Hotel, 6:30 Dm. SALES MARKETING EXECUTIVES OP DETROIT Speakers, Earl Nightingale Over-the-Counter Stocks FORD GALAXIE 500 2-Door Hardtop CHEVY IMPALA 2-Door Hardtop 7 El 3 er Mo. PALLETS Reconditioned Guaranteed 250,000 PALLETS 20,000 PALLET BOXES 2 300 SIZES 5 IMMEDIATE DELIVERY BIG SAVINGS 7 YARDS AUTO PRODUCTS TRANSPORT Phone 342-3636 2 and Dr.

C. 5. Winters. Ford Auditorium, 8 p.m. WEDNESDAY DETROIT REAL ESTATE BOARD BROKERS DIVISiON-Soeaker, C.

8. field. THIS IS THE year from which the $200,000 work-increase-per- P0NTIAC CATALINA 2-Door Hardtop S35.Q0 POHTIAC GRAND PRIX S97.00 I': Equipped with outo. power steering and brakes, radio, heater, and outside mirror. Delhi Tavlor Denver Chicago Trucking Detrex Chemical Detroit Bridge Detroit Canada Tunnel Diamond Crystal Dielectric Prod.

ofd. Douglas Lomason Dura Corporation Electronics Caoitaf Electrn. International Caoi Elox O'Neil. Granader's Restaurant, 1443 Farmer, 5:30 p.m. DETROIT CHAPTER OF THE TAX EXECUTIVES INSTITUTE-Soeaker, W.

Lock. Pick-Fort Shelby Hotel, 5:30 COUNCIL OF FIELD UNDERWRITERS OF THE DETROIT LIFE UNDER-" WRITERS ASSOCIATION Panel dis-'B cussion on new tax regulation. Hotel Statler-Hilton, 9 a.m. i Bid Asked 135-B 148 28 29' 2 6'4 7 VAO 19' i 21 35 4' 4 11! 1 7'8 2 IS1' 16', 7' 2 8'1' 16 17 18' 19'! iy4 133- 10 11 Ttve following bid and a-sfced prices srel obtained from a Detroit committee of ttie Associated True National Association of Securities Dealers! Beauty Counselors buf are unofficial. Trtev do not Bin-Dicator reoresent actual transactions and are! Booth Newsoaoers intended as a guide of itte approximate Braun Engineering ranoe wittiin which these securities could! Brooks Perkins bave been sold or bought at the time of Charming Corp.

compilation, Friday, AorH 17. Clinton Macrwne ICons. Leasing Com. Bid Asked: Cons. Leasing pfd.

Advance Mow. Sn 9i Coral pfd. AMT Corp. 9- 10i Cons. Freight American Annuity 8'4 9'4lCross Company SteeJ 3" 3b Oanlv Machine ArWda Corp.

5'-4 I Darling, L. A. Immediate Delivery year may be dated. Looking hack, Wolverton and Stanker are most proud of the job they did jig-and-fixturing up the Mifcchell-Bent-ley plant in Ionia for production of fiberglass bodies for the Chevrolet Corvette. The four also are proud of the 3IcCUI.1tApII LKASIIXG, IXC.

"One of America' Largett" 14641 E. Warren TU. 4-7800 LUXURY OFFICE SPACE 800 Square Feet Of finest office ipece In Northland area. Available In 60 days. Exclusive bldg.

Select tenancy. Phone 863-1076 fact that they've never taken an advance on a contract. MORTGAGE LOANS Detroit Stocks Sales of Issues Bsted exoluslvetv on the Detroit Slock. Excnange for trie week ended Aoril 1 7. CAR LEASING IS A SERVICE KRAJENKE'S 50 YEARS automotive Irperiesee A Oeed Asseroseel BUICK fOMTfAC CHRYSLER OLDS FORD CHEVY (All Haltx All MtMlels All Plans) PRICED TO WHAT YOU REQUIRE NOT ADVERTISED TO CREATE DESIRE KRAJENKE AUTO LEASING Jos.

Cimuai nr. Davison TW 1-2700 Mfgr. Representative Chicago Manufacturer of chemical product now successfully used by two automobile manufacturers. Right man should gross 25,000 per year. Only successful and reliable agent with excellent reference considered.

Write Box 1333 DETROIT FREE PRESS DETROIT 31, MICH. This requires po Investment. Bid Asked 24 25 17 9V4 10' 4 T8i 19n IS' 16'' IS3 7'4 20 21 36 37Vj B'-i 93i I 3H 67 7 18 19'- 3' TVs 12' 14' 17 6' 7 10" 3 334 26 28 16 17 25'A 26' 10''j 11' i 4V 434 Pi 3' 7 4 IV. 1 8 9V 2'4 3 13 14 24 26 16' 171 12 14 16 17'i 2' 2" 9' 1 1 Vi 12s 33' 4' i 123 14 103, ll3 W'7 1 23 19 20" 22" 21 "7 23 9Ml 10H 13, 6'1 Vi 25' a 12" 13" 6' i 7Vj 26 "i 28 48 "7 SO 834 93-i 334 H4 90 234 V7 16 2 2'! 6 7 12T1i 13' 35 37 23' 25 20 22 1234 123 133 2S" 31 8 9 8' 70 75 434 5" 29 31 37' 3917 24V 26 6'' 7M 8 83 9 10 71 26' "7 121 13' '7 11' 12', 7 10 11 35 36V7 65 68 3 4' APARTMENTS 1 LS I IL, Illy 1 BimEBaJ; i 1 "Jti- Florida Gas Formsorag uturrrwll. Inc.

Oeiman Inst. General Reel Estate Goddard GodOard Goodwill Station Great America Oross TelecasWna) Ha to Llohting Hazel Park Com. Hazel Park Vtc Independent Security Intl. Recreation Jackson Natl. Ltfe Jacobs, F.

L. Jessop Steel Kent Moore Kelly Girl Kirsch Co Kuhlman Electric Le Maire Tool Leece Neville Lone Star Steel Liberty Lite Mahon, R. C. Mechanical Hand Medallion Pictures Michigan Bakeries Com. Mich toan Bakeries otd.

Michigan Gas Utilities Michigan Seamless Tube Miller Mfg. MobiMfe Modem Matertarte Mohawk Rubber Monroe Auto Eouo. ttw Hamoshh-e Ball Pacific Ft. Lt. Pacif ic Southwest AJr Pioneer Finance Planet Corp.

Port Huron SuteWte Rannev Refrigeration Redman Ind. Resistance Wetder Richmond Homes Safran Printing Scot Fetzer Scot Lad Foods Shakespeare Corp. Shatterproof Glass Simplex Paper S. Mich. Gas Snyder Tool Stubnitz Greene Tecumseb Prod.

Texas American OH Toledo Scale Towmotor Upper Peninsular Power errors Ginger Ale Volunteer NaturaJ Ga Vulcan Mold Wavne Natl. Life Weils Gardner Winkelman Bros. Wolverine Aluminum Wolverine Fabricatino Wolverine Shoe Wyandotte CnemlCM Br Order of ffta United States District Court For ttie Eastern District of Michigan, Southern Division, In Case 64-Jot TRUSTEE'S SALE GOEBEL BREWING COMPANY RIVARD ST. DETROIT, MICH. APRIL 27, 1964, 9:00 A.M.

SALE LOCATION: ROOM 718, FEDERAL EUILDING DETROIT, MICHIGAN CONSISTING OFi The properties of Goebel Brewing Company, Including Inventories, brand names, trade marks, good will, formulaes, machinery, equipment, land, buildings and Improvements. TERMS OF SALE! The properties will be offered complete for one bid price free and clear of II liens and encumbrances. MINIMUM BID: $1, W0 ,000.60 with 10 Ueposlt In cash or certified check. CONFIRMATION: Sublect to approval of the Honorable Ralph E. Freeman, District Judge.

FOR FURTHER INFORMATION CONTACT George E. Woods, Trustee, 512 Buhl Building Detreif 26. Michigan WOadward 1-7360 Joseph S. Radom, Atty. for Trustee, 1643 1st National BIdg.

Detroit 26, Michigan WOodward 3-7187 Sales Company High Low Close 233 Allen Elect. Eoo. 12 12-s 928 Ailied Supermkts. 13s, 131 I3i 340 Am. Metal Prods.

21' 21' 2 1300 Assoc'd Brewing 4' 4 4' 4895 Briggs Mfo. 9 7' 9 1300 Brown-McLaren 1 1 500 Budd Co. 175b 17V'ii 176 Burroughs Corp. 23' 23' 23' 7 6395 Chrysler Corp. 497 47 49 4940 Consolidated Paper 10' 9.5 9' 801 Consumers Power 46a 46 46 TOO Continental Motors IT 2 11'- 11' .1 4526 Detroit Edison 323 321 323-b 225 Detroit Gasket 14? 1700 Detroit Steel 13' 15 15' i 200 Cx-CellO Corp.

41 'a 414 41 400 51 49' 51 2972 Ford Motor Co. 57 55" 57 1703 Fruetiauf Corp. 305 30' 30s 14041 General Motors 82 SIb 62' 375 Great Lakes Chem. l7 l7- Urn 200 Int'i Breweries 5 5 5 200 King-Seeley Therm. 4M 46 464 3644 KresgeCo.

36 34 35s 430 Kysor Ind. Corp. 12H 1234 123- 300 Lakey Foundry li 1 ls 1547 Lansing Stamping 12 11 12 100 Michigan Chemical 167 167 16w 1485 Parke, Davis 3P 30 30' 2 100 Rickel (H. 8 Co. 36 36 36 616 Rockwell-Standard 46 447 46 100 Rudv Mfg.

Co. 25 25 25 150 Rudv Mfg. Co. Wl 17 17 17 200 Santa Fe Drilling 7H 17" 300 Scotten, Dillon 28 26' 26' 100 Standard Tuboe 5' 5' 5" 435 Studebaker Corp. 8 8" 8" 41 7 Urviversal Controls 5' 2 5' 5" 100 Woolwortti 863- 8611 86 2000 Zenirti Radio 79 79 793A L0AHS TO SMALL INDUSTRY NOTICE OF BID INDUSTRIAL JttrJ i i Total sales: 241,475 shares.

The Michigan Liquor Control Commission will accept bids from trucking contractors with van-type trucks capoble of carrying up to 300,000 cases of liquor a month in the delivery ef alcoholic beverages, supplies, equipment, and between warehouses and State liquor stores and between State liquor stores, all in the Lower Peninsula ef Michigan, for a period of two years, beginning on or about October 1, 1964, in accordance with specifications obtainable on request from the office of the Commission, 504 S. Hosmer Lansing, Michigan. Bids must be for the entire operation. Bids will be opened at 10:30 A.M., June 17, 1964. SI, ODD to $25,000 A line el credit can be arranged for emergency working capital.

CONSOLIDATED ACCEPTANCE CORPORATION Metvln 0. Ott, Sen. Mgr. 2024 David Stott Bldg. Detroit, Mich.

48224 Area Cod 313 ASSOCIATED WANTED $50,000 YR. OPPORTUNITY DETROIT MORTGAGE REALTY CO. Yardman 333 VtoT FCRT STREET. DET8C1T 26, MICHIGAN WOOC'fVAR? 2-CS30 REAL ESTATE CROSSROADS Offices in Birmingham, East Lansing, Flint and Grand Eapids AdventUing xcutiv control! Inter-; national distribution and manufactur-'. ing nw line Aarosal products tor! Beauty Industry.

Prefer accounting, administrative or sales Minimum $25,000 required. Box No. 1071. Free Press 31 A A TO KDBS7R1AI CCMMERCIAl end PRSFDfflES EARN 6 INTEREST i ON CHURCH BONDS Payable -Semi-annually Denominations: $500 and $1,000 Call: Rer. A.

W. Henderson 274-5343 Northline Baptist Church 6653 Buck Street Taylor, Michigan FOR SALE RESTAURANT PIZZERIA First time offered. N.E. location, 100 capacity, complete all equipment and real estate. Excellent parking.

EWALD REALTORS WO 3-4212 FOR SALE FACTORY BLDG. Modern, 5,100 sq. built 1961. Excellent location. Newly developed Royal Oak Industrial area.

Zoned Heavy. Room for expansion. Fine offices. Paved parking lot. OWNER.

LI 9-2151 3M CAREER SALES OPPORTUNITY Rapidly growing unit of Minnesota Mining and Mfg. Co. wants aggressive salesman. To the man 26 to to 38 with a successful sales record we offer salary and commission limited only by his ability to produce. Must be willing to spend 2 to 4 nights each "week away from home and possibly relocate.

Car and expenses furnished. Full company benefits. For InformatloR tall Mr. A. Bylnnia at 875-6242 Monday thn Wednesday 8:30 A.M.

tt 5:00 P.M. An equal opportunity employer. We are pleased to announce the appointment of Robert A. Reason as General Agent in Detroit 13800 CON A NT near 6 MILE Modem contractors warehouse 5400 soj. clear span overhead doors, suitable for many uses.

15000 sq. ft. fenced yard. HARRY STANWICK 965-4455 README DODDS INC. DEVELOPERS ATTENTION 37 Acres Plymnrtk Tewtishle Zeees Residential.

EWALD REALTORS WO 3-4212 i ir i i nanj DOC sac Mr. Reason is well qualified to administer the operation of our agency in Detroit and provide service to our many policyowners in the area. A native of Detroit, Mr. Reason and his associates are able to offer professional counseling to help you plan a complete life insurance program to fit your needs. AWNINGS Tthi THE Georgetown Mr.

Reason and his associates are located at 00 Penobscot Building Detroit, Michigan Telephone: 916-6000 George B. Cook, President FREE PRESS BUILDING OFFERS LARGE OR SMALL OFFICES FOR IMMEDIATE OCCUPANCY Excellent Location 9 Restaurant on Street Level Barber Shop on 6th Floor 6) Reasonable Rates Green offers A FINE COMMUNITY PRESTIGE HOMES IJ Mile, Between Lahier Telegraph from $29.990 VYM. I. PULTE inc. MASTER BUILDERS BIRMINGHAM Open Daily It a.m.-8 p.m.

ROLLS UP DOWN Also: Aluminum Canvas and Yinyl Awnings BANKERS LIFE NEBRASKA Our new home office facilities In Lincoln enable us to provide even better and more efficient service to our many policyowners throughout the nation. LAFAYETTE AT WASHINGTON BLVD. PHONE 222-6460 mm 0x: 2ttC 3C s4A4arfs0eih, wel n. in.aaeiirfSa ,4 Mieeijeiai el.efcel.ielfiii trtm ll4ui1IHJMtljlli.

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