Th« Wi^i^tr Rata (wrigkt: Maw a«rrlM rrMny
THE PONTIAC PRESS
'/
Horn*
Edition
119th YEAR
if ir ir it
PONTIAC, MICHIGAN, THURSD4Y, FEBRUARY 28, 1961—48 P^GES
Fun in the Fore!-tees
Jobless Plan Approved,
OOLriNO WEATHEIU-Thia father and aon took good advantage of Wedneaday'a balmy weather to put In their firat round (rf goif thia year. Stevie Tappen, 5, makea a perfect caddy for his dad, Paul Tappen, of 683 £. Tennyson St., considering that February is usually a bad month for caddies. The two enjoyed their jaunt at Pontiac Municipal Golf Course until rain intervened late in the afternoon.
Illinois Competitor Buys the American Forging Co.
Rumors that the American Forging k Socket Co., 150 Branch St,. Is seUIng out to a leading competitor in Rockford, m., were confirmed today toy James J. Rath, vice president of the firm in Pontiac.
In a Joint press release, Rath and O. Atwood, pTMideijt Atwood Vacuum Machine Co. of Rockford, Idrtilitituicelil this morning that 'The American forging .A Socket-.-Co.-.iiaa- -anteredjaagRiMwanm
Into an agreement to sell the business presently on its books to the Atwood firm, effective March 1.”
A spokesman for the automotive parts manufacturing firm in Pontiac stated, "the deal was closed
Compiawy offleials refused to dladose auy sale pries at thU
In Todays Press
Uflftn Guidkposfs ... 4 A4oft in Spac§ ..... 5
Comics ................66
Comrty New*...........»*
Food Sectton .
. S#-8t .....41
Loop Road Circling Downtown Looms Closer With
Legislation for $1 Billion
WASHINGTON (if - The House tension the No. 1 place in a list
Ways and Means Committee today approvejd legislation for President Kennedy's biUion-dollar program of temporiur unemployment aids.
— ★ ★ *
Aiming for quick action, Democratic Leader John W. McCormack of Massachusetts announced the House will debate it next Wednesday.
Democratic leaders said they expect passage in time to meet the administration's goal—payments to the long-time unemployedby April L
The committee veralon tnclndcs the fluauctiig plan favored by RcpubllcaM and most bntlneM
of 16 priority measures.
An overwhelming majority the House apparently favors some extension of unemployment con pensation although there are di fering views as to details.
It appeared that the committee decisioa on the method of fl-
tNt nllllon coot would be repaid duriug INS awl Utt by a temporary 4/lSths of 1 per ceut hi-ereaoe In the payrtril tux em-ployera new pay.
The bill provides for continuing unemployment insurance payments to jobless persons who have exhausted their basic righu under the federal-sUte unemployment insur-
The payments wodid continue up to one half the time the various states oiiginally provided, f fte longest state program is f«* 26 weeks, the maximum extererton would be 13 weeks. Payment would be at the weekly rate provided by the various states.
States which, sa their «
Officials estimated the would take two weria to go Into eHect after approval by Congress.
This would mean Cot^grau would have to send It to the Whitt House by file tidddle of March to meet the effective date set by the President and his advlsm, who gave unemployment benefit ex-
refa 1 . . . and be compJetety elbnlnated to »ery near future."
Affected will be an estimated 230 American Forging employes in Pontiac.
President of the firm. Robert B. Stewart, was unavailable for comment. His wife said he was in Dallas, Tex., on company business. They live at 2905 Warner Drive. Grten Lake, in West Bhwmfirid Township.
♦ # *
' Included in the sale art all (rf the firm’s dies and patents, but not the physical properties ft paoulat. mod MOUNTAIN froo !
iBcttbs MM. 1 larhaa B«a »ov. aapa w tiroUcBt.
PORCUPINS MOOnTAma. OBIOBatoa
^^irouS^*Ra4jfr%aj^^
■Rult jfctJNTA'iN. IroB aJw«^ll-lS iBohra baM. 10 oicaltoal.
orrm kibot. M.rQuttia - i«-u
inehM baM. 11 taehtt b»b inab: eical-
• baM^ akiint sood.
»r naiarai
RECXiRD PERFORM.WCE — This shows Loretta Chapman croaaing the finish line in the half mile event in the intermediate girls diriskm of the National Indoor championships at Milwaukee last weekend She set a new record In this race and also won the championship.
........—Itas —
LAKC VAUiY. Ktikalba S-Inrh bSM. > incliai powdrr; akllBf aood '
MANiatn Ski Araa- Up to 1« inrhaa bata: akOnt fair to sood MiaSAUlOX MOUNTAIN. Laka Citr— 4 to 10 Inrhri baM. akltas fair.
MT MANCEU3NA. llaBcflona -Up to M iBchai Mm; akUnt aicalloBt
___ _ „ NUBS K