^JMDIANA CO! "ION
T WAYNE 'fjyyy'tij BETTER Volume 44 FRIDAY, JUNE 2. 1961 No. 11 Two Changes Listed in Personal Accident Insurance IOth Living Member Here Annual Premium Rate Reduced; Modes of Settlement Broadened Kenneth L Seymour Celebrates Two changes will take effect July 1 under Personal Acci dent Insurance. First, the annual premium rate will be reduced to 66 cents per $1,000 of coverage. This reduction of 10 cents per $1,000 50th Anniversary With Companyfrom the former premium rate has been made possible be cause of favorable experience under William Howard Taft was Presi this Insurance since it was launched dent of the United States and the in July 1960. While premium rates storm clouds heralding World War paid in a lump sum or in install for this Insurance may be increased I were just beginning to gather ments. or decreased as of any future July when 14-year-old Kenneth L. Sey 1, it is hoped that the new rate If the employee wishes, his mour bounced into Broadway and will remain relatively stable. beneficiary may elect the method was hired as a messenger boy at by which the benefits will be paid. the then handsome salary of $10 a The second change will broaden month. the types of arrangements avail Personal Accident Insurance was able for payments to beneficiaries established July 1, 1960, to give Fifty years later—on May 10, of covered employees. Under pre each eligible employee an oppor 1961 to be exact—the same Ken sent provisions, benefits for loss of tunity to obtain accidental death Seymour was still on the job at life are payable in a lump sum or and dismemberment insurance for General Electric. Thus, the Bldg. in monthly payments over a fixed himself at favorable rates. It is 19-4 (Advanced Manufacturing De period of years. The new provisions intended to make available addi velopment) grinder operator be will allow a covered employee to tional protection—not to replace came the 10th living member from continue the lump sum payment the Accidental Death or Dismem Fort Wayne to enjoy the honors arrangement or, if he prefers, to berment Insurance available under of the select Diamond Service Pin have benefits paid under the follow the General Electric Insurance and 50-Year Certificate. ing optional modes of settlement: Plan. (1) Have benefits paid to his Those who wish to increase or The other living 50-year men beneficiary in monthly or annual decrease the amount of their Per from Fort Wayne are Charles payments sonal Accident Insurance coverage Becker, Harry Prange, James (a) over a fixed period of years, as of July 1, and those who wish Rehrer, William Wehrs, John or to join the plan for the first time Schoedel, Carl Starke, Clarence (b) during the lifetime of the as of that date, should complete an Hartman, Carl Tuerschman and beneficiary; application card and submit it to William Kellermeier. (Between now OR their Personnel Accounting or and 1970, only 21 employees here (2) Have benefits held at inter Employee Relations office before have the potential of becoming 50- est for a limited period and then June 15. year people.) The changes that Mr. Seymour Design Cuts Costs has witnessed here during the past half century are too numerous to mention. Suffice to say that his original place of employment— New-Type 'Plug Nozzle' Bldg. 10 which no longer exists— was the largest building on the East Side of Broadway at that Rocket Engine Test-Fired time, he recalls, and "there wasn't much on the West Side either." A new-type rocket engine whose design promises substan tial cost and time savings in narrowing the gap between The latest 50-year man, who re sides with his wife at 533 E. Rudi- American and Soviet rocket propulsion systems has been sill Blvd., is due to complete his test-fired by General Electric. long association with GE this Oc Called the "plug nozzle" engine and termed the "first tober. Since 1915, he has performed radical change in rocket engine various types of grinding such as LATEST TO JOIN 50-YEAR RANKS design in a decade," the power- conducted by the space agency. cylindrical and internal. Currently, plant developed more than 50,000 Dr. Kurt Berman, head of GE's he is engaged in precision internal pounds of thrust in a recent firing Rocket Test Station, said the plug grinding of tool components used at GE's Rocket Test Station at nozzle firing represents a major in the manufacture of production Malta, N. Y. GE Theater' Featured advance in the development of tools and equipment. And for many Engineers from GE's Flight liquid propellant rocket engines of years, he has devoted much of his Propulsion Laboratory Department unconventional design. "The plug spare time to repairing automobiles. In TV Guide' Magazine claim the engine can be scaled up nozzle," he said, "is the first radical to multi-million pound thrust levels More than 8 million copies of TV Guide for the week beginning change in rocket engine design in But when October rolls around, in less time and at less cost than Saturday, May 27, carried a cover picture of Ronald Reagan and more than a decade. We believe "I'm just going to quit," he said. today's conventional rocket pro a four-page inside story on The General Electric Theater. Also on this engine can materially increase pulsion systems. What about his hobby of fixing the cover with Reagan was Dorothy Malone, star of last Sunday's reliability and reduce the time and up cars? Is he going to give that General Electric Theater repeat, "A Little White Lye." The feasibility of the GE pio cost of developing high-thrust up, too? Mr. Seymour's wife has The story stressed that The General Electric Theater production neered nozzle rocket engine con rocket engines." decided that. "All she said to me lot in Hollywood is "no place for a ho-hum attitude." It quotes cept, under study for several years The plug nozzle engine differs was 'you're gonna quit'." Reagan and producer Stanley Rubin at length and cites many reasons at Evendale, is being demonstrated from the conventional rocket en why The General Electric Theater, going into its eighth season, is under contract with the National gine both in appearance and de Considering his half century of still TV's top regularly scheduled dramatic program and why it Aeronautics and Space Administra velopment approach. While exist work, Mr. Seymour well deserves has consistently topped its competition. tion. Recent firings of the engine ing rocket engines have an exhaust his forthcoming life of leisure. are part of an investigation being (Continued on page «) GENERAL ELECTRIC NEWS—FORT WAYNE. INDIANA Friday. June 2, 1961 glllllllllllllllllllllllllllllllllllllllllllllllllllllllllllltlllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll^ FOR T WAY III I M Published every other week by the General Electric Company = SUSSESTIOM WORLD SERIES in the interest of all Company employees and their families here. iOHTtSr PtltZti BUSINESS AND EDITORIAL OFFICES: 1635 Broadway—Fort Wayne, Indiana | FREDERICK HAAS, JR Editor | iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiT Rules for Came of Life (The chaplain's advice to my son Bill on graduation day:) "I am giving you the ball, son, and naming you quarter back for your team in the game of life. I am your coach, so I'll give it to you straight. "There is only one schedule to play. It lasts all your life but consists of only one game. It is a long game with no time out and no substitutions. You play the whole game—all your life. You'll have a great backfield. You're FUTURE HOME RUN KING?—It could be that the suggestion Charles Scarlett, right, is turning in calling the signals but the other three fellows in the back- to Don Arnold, second shift foreman, will be good enough to enable the second shift welder at Taylor field with you have great reputations. They are named St. to be crowned "home run king" in General Purpose Motor Department's unique "GPM Suggestion Faith, Hope and Charity. World Series." The contest, designed to further stimulate employee support in making sure "GPM Customers Get More Than a Motor," runs to September 30. "You'll work behind a truly powerful line. End to end, it consists of Honesty, Loyalty, Devotion to Duty, Self- Respect, Study, Cleanliness and Good Behavior. Batter Up!! "The goal posts are the pearly gates of heaven. "God is the referee and sole official. He makes all the rules and there is no appeal from them. There are ten rules. You know them as the Ten Commandments and GPNIs Suggestion World Series' you play them strictly in accordance with your own reli gion. "There is also an important ground rule. It is 'as ye To Encourage High Caliber Ideas would that men should do to you, do ye also to them like General Purpose Motor Depart contributions may be made are new They are Sec. 13, Sec. 14, Sec. 15, wise' ! ment last week announced an unique ideas for improving product qual and Wire Mill & Services (Sees. "Here is the ball. It is your immortal soul! Hold on contest—"GPM Suggestion World ity, eliminating waste, improving 25, 26, 28, 29 and 30), all at Taylor to it. Now, son, get in there and let's see what you can Series"—in an effort to encourage cost and providing more dependable St.; the Decatur Plant; and the high caliber suggestions. service. Linton Plant. do with it." Replete with team, "batting In short, GPM seeks "new ideas Reproduced by permission of William J. MeCormick When the contest ends in the and Caskie Paper Company, Charlotte champions" and "home run king" for pleasing customers." One GPM Fall, a winning team will be se prizes, the contest is designed to spokesman put it, "We're really lected on the basis of best "batting further stimulate employee sup after the 'big' ones." average." This is determined by port in making sure "GPM Cus Eligible for the special prizes The Price Is High dividing the "hits" (suggestions tomers Get More Than a Motor," are suggestions submitted and adopted) by the number of em Remember the story of the guy who was asked why the department theme for the cur adopted from May 1 to September ployees on the team. Members of rent year. 30. Every employee eligible for the he kept hitting himself on the head with a hammer and the winning team who have earned Suggestions must apply to pro GE Suggestion Plan is eligible for his reply—"Because it feels so good when I stop"? individual idea awards of $15 or ducts manufactured in GPM or to the GPM contest and will be placed more under the contest rules will It's just as silly to keep sticking your neck out till you GPM methods, problems or pro on one of six teams that comprise be guests of GPM management at do have an accident and get hurt. Nobody expects you to cesses. Major areas in which key the "GPM Suggestion League." do it, nobody wants you to do it. You're hitting yourself a special Victory Dinner. in the head. It's a price you don't have to pay. "Batting champions" will also Most of us are willing to face pain if there is good receive additional prizes. During S&S Participants Utilize the contest, three batting champs reason for it. Some of us have been hurt playing football, from each team will be selected and it didn't make us love the game any less. We don't based on ideas adopted. One bat stop to count the pain when someone we care about is in 'Dollar Cost Averaging ting champ for each team will be danger and we have to pull them out from under a lot Participants who have elected that a part of their investment under selected for the following three of wreckage. the Savings and Security Program be used to acquire General Elec periods: May-June, July, and Aug tric common stock are credited with shares or fractional equivalents ust. The champ will be the one who We can take the pain of an antiseptic biting into an of shares each month. The exact number of shares will depend upon receives the highest single award open wound for the sake of what it means in terms of the price of the stock during that month—more shares being credited for the period. His prize will be long-run health. We can even put up with what the den when the price is low; fewer shares being credited when the price two tickets to any weekend major tist does to us for the sake of having good teeth. is high. league game of his choice in this This systematic method of investing by putting the same fixed area—Chicago, Detroit, Cleveland We do these things because we know we are paying a amount of money into the same stock at regular intervals—regard or Cincinnati—along with $15 cash price for something good. We may not like paying the less of whether the price of the stock is going up or down—is a to help defray travel expenses or price but we know that what the price buys is worth recognized investing formula. It is called "dollar cost averaging". a cash prize of equivalent value. Dollar cost averaging, of course, is not a magical formula for a having. At the end of the contest, a guaranteed profit and cannot protect against loss in value in declining "home run king" will be selected But the pain of an injury from ordinary work, home or markets. If you were forced to sell when the market value of your on the basis of the highest number traffic accident doesn't buy anything. It is suffering accumulated shares is less than your cost, you would suffer a loss. of dollars earned via suggestion doubly hard to take because it is needless. It is a monu All things considered, however, the dollar cost averaging method awards during the contest. His ment, not to courage or guts, but to carelessness, stupidity of investing is a sound, conservative technique offering a means of prize will be $150 cash (taxes to or ignorance. reducing the risk to the investor in common stock. be paid by GPM). If efforts are Because the Savings and Security Program gives participants a successful to obtain two tickets to The road of safety is a good protection against pain, chance to make regular, systematic purchases of General Electric better than all the drugs, better than all the anesthetics. two 1961 World Series games, an stock on a long-term basis, it provides them with the opportunity alternate prize would consist of the Safety can buy that freedom from pain which no doctor to take advantage of the dollar cost averaging system. ducats plus $100 to help defray or nurse can ever supply. travel expenses. Friday. lune 2, 1961 GENERAL ELECTRIC NEWS—FORT WAYNE, INDIANA Secretory Novella Pape Elected President of Elex Club Wins $1752 New Officers Ideu Awurd To Be Installed Beverly A. Furey, Ordnance Department's 1959 Beauty Queen, Evening of June 5 recently earned a suggestion award of $1752—probably the highest Novella Pape last week was award ever made to a secretary elected the 47th president of under the General Electric Sugges tion Plan. She is employed in Pitts Elex Club. field, Mass. The Bldg. 17-3 coil winder and other newly-elected of Miss Furey's suggestion con ficers will be installed by Wallace cerned a minor revision of mailing E. Beer, Bldg. 18-4, Manager-Per procedure but it touched off a six- sonnel Practices and Employee month study by management which Benefits, following the annual ban led to a general tightening of mail quet at the Shrine Club House ing instructions and mailroom pro Monday, June 5, at 6:30 p.m. cedures. Overall cost savings re sulting from her suggestion are All Elex members are invited to expected to be about $17,500 an THEY'LL HEAD ELEX CLUB THIS YEAR—Newly-elected officers of Elex Club are posed behind attend the impressive candlelight nually. the Elex coat of arms. Seated, left to right: Carol Eastes, first vice president; Novella Pape, presi service. The award came within $200 of dent; Martha Newell, second vice president; and Edith Dreifke, secretary. Standing in the usual order Also elected to office were Carol topping the General Electric record are Ruby McBride and Marj Rollins, trustees; and Doris Moon, Bernice Woodcox and LeVona Clark, Eastes, Bldg. 6-4, first vice presi for female clerical employees set directors. dent; Martha Newell, Bldg. 26-2, in 1959 when Miss Rose Segrest, second vice president; and Edith a bookkeeper at Hanford, received Dreifke, Bldg. 8-1, secretary. a suggestion award of $1945. Named as directors were LeVona Miss Furey is currently secre Clark, Bldg. 26-2; Doris Moon, tary to the education and training 50 Accepted for '61 Fellowship Bldg. 6-4; and Bernice Woodcox, administrator. In addition to her Taylor St. The latter was named secretarial duties, she also instructs to a two-year term. Holdover di- a noontime shorthand refresher course and has contributed to the Program in Economic Education department's secretarial manual. Conference Deadline Fifty secondary school teachers, ing a new product line, quality con competitive and planned economies including nine from Indiana, have trol, training employees, etc. and of the newly forming economic Monday, June 5, is the dead line for reservations to Elex been accepted for the Purdue Uni Purpose of the program is: systems of the under-developed Annual Apprentice countries. Club's One-Day Conference sched versity-General Electric Summer 1. To acquaint the participants uled for Saturday, June 10, at Fellowship Program in Economic with the structure and functioning 4. To enable teachers to apply Hall's Gas House, E. Superior Alumni Day Affair Education, it was announced last of the American economic system economic knowledge in their future St. classroom situations. week by Purdue President Fred and the underlying theories. The conference, to begin at 10 Set for June 14 erick L. Hovde. 2. To help them understand the 5. To demonstrate to teachers the a.m. and end at 3 p.m., is open historical forces which have shaped use of community resources as a The all-expense fellowships, cov to all Elex members. Registra Wednesday, June 14, will be a our economic system and the his learning experience. ering an 11-state area, include six tion fee is $2.75. significant day for all graduates torical roots of contemporary na The states covered by the Purdue weeks' study this summer on the and near graduates of the Fort tional and international economic program are Indiana, Ohio, Mich Wayne Apprentice Program. Purdue campus with tuition, board problems. igan, Illinois, Iowa, Kentucky, rectors are Betty Brown, Taylor and room, and round-trip traveling 3. To make teachers aware of Minnesota, Missouri, Tennessee, St., outgoing president; Jessie That's the date of the annual allowance from the place where Alumni Day which has as its theme the underlying philosophies of the West Virginia and Wisconsin. Wass, Taylor St., outgoing first they teach. this year "Western Round-up." vice president; and Adeline Stone- braker, Bldg. 6-3. The program, which runs from Highlight of the day will be a Appointed as treasurer was Vir June 19 through July 29, will be dinner-program to begin at 6:15 ginia Buhr, Broadway Receptionist p.m. at Cutter's Chalet, located on conducted by Purdue's Economics To All Persons With Diabetes and former president; and appoint the Covington Road. Dinner will Department, under the direction of ed assistant treasurer was Maxine be served chuck-wagon style. Lawrence Senesh, Professor of Baker, Bldg. 17-4. Economic Education. As your personal physician has undoubtedly told each of you, Those attending are encouraged Second shift Elex board members to look "western" in attire. The As an additional feature, the situations can arise where it would be prudent for medical will hold their annual banquet at program will consist of a message program will include visits to Gen personnel, unfamiliar with your case, to know you are a diabetic. 7 p.m. Saturday, June 17, at Hall's East End Restaurant. by Lisle Hodell, General Manager eral Electric facilities at Taylor To assist the medical unit and prepare us to better serve you of General Purpose Motor Depart Street on July 11 and at Danville, ment; a film entitled "Flight to the in the case of any emergency, we respectfully request that you Illinois, on June 28 to acquaint Sun Country"; and a skit entitled stop by the dispensary in your area and register with the nurse. Pen El Chapter Sets participants with some of the im "A Typical Day in Cowpoke, Please do this within the next week. U.S.A." by the Winter St. players. portant problems on policy and op Three Events in June erational levels, such as introduc- Leon Lahrman, Bldg. 31-2, presi Three events have been slated Basic information required is: this month by Elex Club's Pen El dent of the Apprentice Alumni, Chapter. this week extended greetings to all Partizan Board Meeting, (1) Name and present age alumni and urged their attendance The board will meet Wednesday, (2) Approximate age when diabetes was first detected at the affair. Cancer Pad Session Set June 7, at 9:30 a.m. in the Trophy (3) Medication, if any, and dosage schedule Room of the GE Club. Chairman of the day's activities Elex Club's Partizan Chapter The regular monthly meeting is Dick Gebert, Bldg. 18-4, assisted has scheduled a board meeting (4) Name of personal physician will be held Wednesday, June 14, by Ed Mossburg, Taylor St.; Hil- Tuesday, June 6, beginning at 9 at the Lakeside Park Pavilion lard Butcher, Bldg. 4-4; and Bill a.m. at the home of Mrs. Edward All such information is confidential and is to be used solely following a potluck dinner to be Smith, Bldg. 2-2. Flood, 2204 Byron Ave. All new served at 12 noon. Members are for medical purposes. Diabetes, if properly cared for, has little officers, newly-appointed committee asked to bring a table service and Reservations for the dinner or no bearing on placement, productivity or job status. The should be made no later than Mon chairman and telephone girls are a white elephant or inexpensive day, June 12, through the contact urged to attend. medical unit subscribes to this philosophy; and this policy is prize. Hostesses are Mrs. Merl men or a committee member. endorsed by your management. Waggoner, Mrs. May Heit, Mrs. The monthly cancer pad session Monte Kelsey and Mrs. Josephine will be held Tuesday, June 13, Haughan. Client: I'm in prison and they've J. A. Chase, M.D. shaved my head, transferred me starting at 10 a.m. at the Allen The cancer pad session will be to the death cell and cut a slit in County Cancer Society, 3138 Fair PLANT PHYSICIAN conducted Tuesday, June 27, be my trousers. What should I do? field Ave. Members are asked to ginning at 9:30 a.m. at the 801 W. Lawyer: Don't sit down. bring a sack lunch. Berry St. address. GENERAL ELECTRIC NEWS—FORT WAYNE, INDIANA Friday, June 2, 1961 TEN MORE JOIN RETIRED VETERAN RETIRES—Charles Strong is shown at the celebra RETIREE FETED — Henry RANKS tion of his optional retirement Bradfield was feted by fellow APRIL 1 RETIREE—Verl Oh- 41-YEAR VETERAN — Ora which became effective April workers at his April 1 retire mart, Bldg. 17-3 mechanical Goff, an instructor at Taylor 1. An industrial truck driver ment celebration. Mr. Bradfield HERE inspector, celebrated his retire St., was honored by fellow in Bldg. 6-3 when he retired, joined GE in July 1941 as a ment on April 1. He joined the workers at his May 1 retire Mr. Strong joined the Com machinist in Bldg. 20-1 and Company in December 1925 ment celebration. Mr. Goff be pany in August 1925 as a was a machinist at Taylor St. when he was employed on came a GE-er in November laborer in Bldg. 20-1. when he retired. motor work in Bldg. 20-1. 1919 as an inspector in Bldg. 4. APRIL 1 RETIREE—LeRoy Jahnke, Analyst-Time Stand ards and Methods at Taylor St., received his disability pen RETIREMENT GET-TOGETHER—Walter Rosselot, left, Bldg. sion effective April 1. He had 17-2 maintenance painter, seems to be sharing his retirement plans been with the Company since RETIREMENT GET-TOGETHER—Don Shultz, left, shares an with Steve Kelker, center and George Ely. Mr. Rosselot, whose April 1942 when he was an amusing story at his May 1 retirement celebration with Joe Jinks, retirement became effective May 1, joined GE in May 1934 as a operation planner at the old center, and George Chandler. A clerk in Bldg. 17-3 when he joined painter at Winter St. Dudlo Building. GE in June 1917, Mr. Shultz was a stockkeeper in Bldg. 4-3 when he retired. OBSERVES RETIREMENT— Mary Linn, Supervisor-Cafe teria at Taylor St., was feted ELECTRICIAN RETIRES—John Knuth, third from left, Bldg. 8-1 by co-workers and friends at electrician, is joined by co-workers as he celebrated his May 1 her April 1 optional retirement A FAMILY CELEBRATION—Grace Baker, Taylor St. general retirement. Mr. Knuth was engaged in March 1943 in Bldg. 19-2 celebration. Mrs. Linn was em clerk, was joined by her husband, Carl, left, and son, Philip Taylor, at which time his job was to chip and file castings. Left to right ployed here in June 1927 on as she celebrated her May 1 optional retirement. Mrs. Baker was are Elmer Sauer, Butch Miller, Mr. Knuth and Shorty Lawson. radio work in Bldg. 26-2. employed in September 1925 on transfer work in Bldg. 26-3. Friday, June 2. 1961 GENERAL ELECTRIC NEWS—FORT WAYNE, INDIANA World's Most Popular and Useful Drug In an era of jet-propelled change, taining aspirin in combination with several days, the doctor should be three-months supply. If the tablets tablet bottle may vary from seven a 108-year-old pill holds the record other ingredients. called. in your aspirin bottle have a to 69 cents depending on the brand. as the world's most popular and Since aspirin is such an im Never take an aspirin to reduce vinegary smell or crumble in your When aspirin is combined with useful drug. portant and common medicine cab fever without consulting your doc hands, throw them out. other ingredients in popular, over- That pill is aspirin. According to inet item, it's worth time and tor. By doing so, you may be mask Don't take aspirin if you have the-counter pain and headache rem last month's Today's Health, pub money to learn a few facts about ing disease symptoms. a stomach ulcer. Aspirin's weak edies, prices double and triple. lished by the American Medical its use. Here are some tips as re Be sure to drink a full glass acid content can irritate an ulcer. Association, 16 billion aspirin tab ported in Today's Health: of water when you take aspirin In purchasing aspirin, don't be One of the most widely advertised lets were swallowed by Americans Most family doctors think it's and don't swallow them on an empty misled by brand names and oft- aspirin-combinations is buffered as in one year alone. In 1959 we safe to take an aspirin or two to stomach. Otherwise you may irri heard advertising slogans. Aspirin pirin (usually twice as expensive bought almost $69 million worth relieve headaches, cramps or minor tate your stomach. is always aspirin no matter what as the plain pill). These prepara of plain aspirin and spent another aches. But if the dosage has to be Since aspirin deteriorates in the you pay for it. Nevertheless, sur tions are simply aspirin with an $213 million for pain-killers con repeated several times a day for bottle, don't buy more than a two-or veys show that the price of a 100- added pinch of antacid salts. "Fizz ing" headache cures are buffered aspirin plus some citric acid to produce the bubbles. The new General Electric Spacemaker with According to the Today's Health article, "One of the claims for buffered aspirin is that it 'acts twice as fast as aspirin.' Another Thin-Wall Insulation* fits in the same space is that it 'won't upset your stomach.' Yet, three important studies failed to support these claims." Still another aspirin preparation as an old 10, yet has 88% more capacity! contains aspirin, phenacetin and caffeine—just like a doctor's pre scription. But remember when you buy any drug for self-medication, you're making the prescription; it hasn't been chosen by a doctor for *B8i»«»!^ a specific patient with a specific Plus: need. So, don't be fooled. Frost Guard-No defrosting ever, not Aspirin's greatest danger is its even in the big roll-out freezer. familarity. There are probably very few medicine cabinets which don't Mobile Cold-Forced air circulation. contain a bottle of aspirin. Make Chilled air keeps meat fresh up to 7 sure you keep it well out of the days . . . maintains ideal tempera reach of curious, cabinet exploring young children. Aspirin in large tures throughout. Exclusive Solid doses can be fatal. The best cure Swing-Out Shelves-of gold anodized for accidental home poisonings is aluminum are fully adjustable, easily prevention. removed for cleaning. Solid shelves wipe clean with a sponge. Exclusive Roll-Out Freezer-brings everything out front at the touch of a foot pedal. Exclusive Freeze-N-Store Ice Service - cubes stored at convenient level, At Lutheran Hospital Chester Bradtmiller Pensioner flip trays for more cubes, refill trays Eric Hellwig Bids. 4-4 Helen Howell BldB. 4-1 right in freezer. Straight-Line Design Doris Taylor Bids. 26-2 Ferdinand Reaser Bids. 27 Deloris Parker Taylor St. — no coils on back, requires no door Delwood Bucher Taylor St. Everett King Taylor St. clearance, fits flush to wall or Carl Schlenker BldK. 19-3 Lee HastinKS Pensioner cabinet. Al Kissinger Pensioner At Parkview Memorial Hospital Dimensions: 67" high; 33W wide; Thomas Harding Winter St. Thelma Kistler Winter St. 24%" deep (less handle) Maude Coomer Taylor St. Merle Bennett Taylor St. Net Storage Space: 18.8 Cubic Feet William Moore Taylor St. Fresh Food Storage: 13 Cu. Ft. At St. Joseph's Hospital Kathryn Gilbert Bldg. 4-4 Paul Bowman _ Taylor St. Freezer Storage: 5.8 Cu. Ft. Herbert Wise Taylor St. Elmer Sauerwein Bldg. 19-4 Helen Fraser _ Taylor St. At Veterans Hospital C. Don Porter Taylor St. At Veterans Hospital Marion, Ind. James Monroe ..._ _ Taylor St. At Methodist Hospital Indianapolis, Ind. Charles O. Hooley Bldg. 4-6 Dismissed from Hospital to Home Ruth Bultemeyer Bldg. 6-3 *Thin-Wall Insulation-Revolutionary new foamed plastic insulation. Millions of Hazel Maxson _ Bldg. 4-4 Paul Motter ..._ Bldg. 4-4 tiny "Freon" bubbles, each in a plastic cell, comprise General Electric's new Otto Pflueger _ Bldg. 6-B Mildred Snyder _.._ _ Bldg. 4-4 Thin-Wall Insulation. Heat and moisture resistant, these cells are virtually puncture- Nora Williams .- Bldg. 4-4 Paul Dove _ Winter St. proof. Foamed plastic insulation fills every crevice; it is rigid, greatly increasing Sigrid Yeiter Winter St. Joseph Zephyr _ Winter St. Anna Robinson Pensioner structural strength of the cabinet. Because foamed plastic insulation is twice Florence Clum Taylor St. William Milledge Taylor St. Old Way Thin Wall as efficient as glass fiber, it requires only half the wall thickness. Glen Rout Taylor St. Paul Black Taylor St. This, of course, provides increased storage space in the new Spacemaker. Jason Black ....Taylor St. Russell Butler Taylor St. Paul Armstrong _ Bldg. 19-3 Vera Flesher Taylor St. Cleo Dicks Bldg. 26-5 Paul Kissinger Bldg. 26-2 Charles Hoffert „ Pensioner See Your General Electric Dealer Frank Joiner _ Taylor St. GENERAL ELECTRIC NEWS—FORT WAYNE, INDIANA Friday, lune 2, 1961 Out on the Course Little, Pony by Harold Parkison Leaguers Gird This was the week of the Big Race at Indianapolis—the one accompanied by all the publicity, notoriety, speed and For Openers excitement. Although there may be little similarity to com General Electric's representa petition on the golf links, there is one certainty: there can tives in forthcoming Little League be only one leader and one winner in both. and Pony League warfare were High winds and a wet course - bearing down in practice sessions slowed the pace in the first lap of pace of play is slow and evidently this week with both managers ex the Briggs' Monday Afternoon those far back are waiting for the pressing optimism as to their League at Brookwood. A 39 by proper time to make their bids. team's chances this season. Willie Adams led the first lap and Keep an eye on the Pros — they Little League begins Saturday, a 37 by Don Nivens showed the may open up anytime. June 10, while the Pony League way on the second. While the Wire curtain-raiser is set for Monday, Mill leads by half a length, the The red flag is out in the AMD for Lee Rademaker who dislocated June 12. Putters and Highballs are pressing Bob Guingrich, Bldg. 6-4, who hard. an arm while trying to salvage a ball from a mud puddle. Everyone has guided GE's Little Leaguers to A duel for first in Soder's group present tried his hand at putting league and city championships in resulted in a spinout, for the the arm back in place but a trip recent years, feels he has a well- Rough Riders and Lost Balls have to the hospital was necessary. rounded squad this year. "So far in taken a commanding lead. The the practice games, the boys look In spite of good weather, Lew real good," he commented. "We Gossman says his charges are slow feel we have as much chance as in getting into the swing of things. anyone in winning the league again BTC Off to Fast The only bright spot was Don Nel this season." The GE team plays son's eagle on #2. This is an easy in the Hamilton Park League. Start in Softball birdie hole for a good golfer but a Bill Hunt, Bldg. 4-4, pilot of tough eagle for anyone. GE's Pony League entry, likewise by Jerry Prideaux From lucky 7 to unlucky 13 is looking forward to the season. BTC is serving notice that it's shows that Guy Ross is not super "We think we have real good ma the team to beat in the GE Club stitious. However, the rest of the terial and are happy to have two Softball League this season. boys will not lie down while his of the outstanding draft choices In the league opener last week, team runs roughshod over them. A this year." GE's entry is bracketed BTC turned on their tormentors of good week by any one of this lead- WOOING THE BACKWOODS BAREFOOT BELLE—Hugh O'Brian in the North Division again this past seasons — the Firemen — in footed group could have him eat and Stella Stevens play the featured roles in William Faulkner's season with games played at Law- banging out a 10-7 decision. Two ing their dust. "The Graduation Dress", repeat performance on The General ton Park. home runs by John Grootenhaus Leading the field at Winter St. Electric Theater this Sunday at 9 p.m. on Channel 15. O'Brian paced the 18-hit attack for the are the Drivers and the Brassies plays a slick-talking itinerant photographer who uses a fancy winners. The losers collected 11 with 12 apiece but only a coat of "store-bought" dress as a come-on to the rustic beauty after the hits. paint separates the leaders from naive miss yearns for the frilly garment to wear on graduation Club to Sponsor Then BTC promptly rolled up the rest of the pack. Some of the day. He makes an enticing offer to the country gal but fails to two more triumphs by walloping slow qualifiers are showing tre reckon with her enterprising young brother. Transformer-Winter St., 19-4, and mendous bursts of speed—Charlie Team in YMCA Marketing-Manufacturing, 6-4. McClain, Jim Streit, Jim Brake and Bob Davidson all clocked well -featuring After dropping their opener, the [MILLIARD Softball League Firemen came back to edge Taylor under their averages. Mixed League Starts «0Ay St., 13-12, thanks to a grand slam The gals at Lakeside finally got Ten teams comprise the Guys GAT€5 The GE Club will sponsor a team homer by Chick Morkoetter in the underway. High water and lousy and Dolls Mixed Summer League in the newly-organized YMCA last of the seventh to erase a 12-9 weather had held them up con which bowls Wednesdays at 7:30 SPOM Slow Pitch Industrial Softball deficit. siderably. Despite these inclem p.m. at the GE Club. Action be League, it was announced this In another game last week, encies, Viv Curran shot a 37 and gan last week and will continue week by Charlie Wilt, Supervisor- Taylor St. trounced Transformer- Shirley Dutkovic a 39 (spiced with through June 28. GENERAL Ciccmc GE Club. Winter St., 19-9. a birdie on #9). Other teams in the circuit which gets underway Tuesday, June 6, are the State School Employees, WKJG...iseooMxx*Kouu- Lincoln National Bank, General Telephone, Addressograph-Multi- Monday, Wednesday & Friday graph and Indiana Rod and Wire. All games will be played at the State School diamond Tuesdays at America's JjCfW-f)fuce CAR COOLER. 12 volt; double bowl 36" RANGE, approximately 10 yrs. old, l>orcelain sink, includes mixer faucet, excellent condition. H-39020. drain and baskets. K-2319 after 5 p.m. 17"x20" TABLE AND 8" SAW, with ELGIN OUTBOARD MOTOR. 5 hp, $30 ; extensions, motor, bench, cutters, extra apartment size gas range, $12 ; fiberglass blades, sanding disc, all like new, $90. ADLETS bow with arrows. H-44394. K-5909. I OBITUARIES | WILTON RUG. 9x12; occassional chairs; TROMBONE with case, suitable for lounge chair; matching end tables, suit beginner, or young student, $25. H-58834. able for apartment, will sell reasonable. 2 MATCHING END TABLES, drop leaf, T-34730. excellent condition, low priced. T-32749. 2 JAMES MOTORCYCLES. 125 and 197 LADY'S BELTS, purses, dresses, skirts. Glen E. Ulrey, 50 George H. Graue, 65 CC, for sale or trade. K-1302 or 1901 Drexel sizes 10 and 12 ; girl's suit, size 7, and Ave. other clothing: toys; TV cabinet, other Services were held yesterday for HOUSEHOLD GOODS; 6-room house, illticles. H-81886. full bath, gas heat, closets, dry basement. WALNUT DINETTE TABLE, 32"x46". George H. Graue, 65, who died May 2-car garage. A-76293 or 1840 Lindley Ave. with 4 chairs, table pads, 12" extension, 29 at Lutheran Hospital. AUTOMATIC FULL-SIZE STOVE, just $80 : home barber set. $7. K-2485. like new. i>erfect condition. H-03604. '53 STUDEBAKER COUPE, radio, Mr. Graue was employed here 1960 PEERLESS MOBILE HOME. 10'x heater, w/w tires. Olds engine, hydromatic 46'. deluxe model, air conditioned, awning. transmission. T-0257. in July 1916 as a helper in Bldg. H-82707. '60 NASH AMERICAN, take over pay 2-E and accepted his optional re RANGE, in good condition, very rea ments of $59 mo., fully equipped, over sonable, excellent for recreation room. $15. drive. H-81251. tirement in February 1957 as an K-5006 after 5; 30 p.m. '54 CHEVROLET, iwwerglide. good automatic screw machine operator FORMAL, size 10, aqua; also very full condition. $295 ; 120 bass accordion, 3 tone, crinoline : man's gray flannel suit, Bize 39 ; Patti. A-87131. in Bldg. 4-4. A prominent amateur aiimiiiminimimimiiim CANOE, 17' aluminum preferred. H- 15105. DEPENDABLE SERVICE Ads must be in the GE NEWS office by 12 noon, Monday pre EXTENSION LADDER. 20' min. K-6061. ceding publication date. Any received after this time will be held l"-2" MIKES. 1/10,000 graduations, or other misc. precision tools. H-78612. For GE Major Appliances over for next publication. ELECTRIC STOVE, apartment size, rea And TV Receivers sonable. K-3406. Name Bldg DUO CONTROLS for electric blanket: fuel oil tank on legs. H-28544. IN-WARRANTY Home Address Pay No SNARE DRUM or drum set; also a OR OUT-OF-WARRANTY Phone GE Ext regulation bugle. S-4450. *The item(s) referred to in this ad is/are my personal prop HIDE WANTED Call Kenmore 4903 erty and is/are in no way connected with any business venture. RIDE OR CAR POOL from Decatur to **Lost and Found items will be cleared through the respective Taylor St. Plant, 8 a.m. to 4:30 p.m. Ron Ford. Ext. 2607. Plant Protection Office which will place the Ad-let. FROM AUBURN-ASHLEY ROAD or GENERAL *^ ELECTRIC from Auburn to Broadway Plant, 8 a.m. to 4:30 p.m. Ann Brown, Ext. 2303. FROM SOUTHERN COURT TRAILER APPLIANCE AND TV SERVICE Signature PARK. 5414 S. Hanna. to Taylor St. Plant, 3:18 to 11:48 p.m. Imo Pitts. H-74247. 8 GENERAL ELECTRIC NEWS—FORT WAYNE, INDIANA Friday. June 2. 1961 1960 REPORT ON YOUR GENERAL ELECTRIC PENSION TRUST This report shows the financial activities of the General Electric Pension Trust during 1960 and its status at the end of 1960. It con tains information similar to that which the General Electric Company has provided voluntarily to employees during the past several years and, we believe, essentially meets the requirements for a summary of the annual report under the Federal Disclosure Law. The General Electric Pension Trust was established in 1927 to pro to receive pensions in the future. None of the assets can ever revert vide for General Electric pensions. It is administered by 5 trustees to General Electric Company. General Electric pays all the costs of who invest Trust funds in accordance with sound investment prin administering the Pension Plan and Trust (brokerage fees and ciples and policies. The assets of this Trust are for the benefit of transfer taxes are treated as part of the price of the securities when those receiving pensions and those participants who will be eligible purchased or sold). HERE ARE THE CHANGES DURING 1960 Total Assets 12/31/59 $962,656,734 Amounts received from: These allocations by employees and the Company provide for the amount added to each participant's future pension for service during Employee Payroll Deductions, less refunds for death or I960. Even though not used until these employees retire, the money withdrawal $ 9,889,966 must be invested and held securely in trust. General Electric Company and participating affiliates di rect (without first having been paid to employees and then The yield on investments was approximately 4.0% in I960, and since deducted) $60,92 3,894 1946 has varied from 2.19% to the 4.0%. This income is a necessary supplement to the employee and Company allocations in order to pay the liberal pensions provided. Interest, Dividends, and Other Investment Net Income. .$39,258,086 This gain resulted from investment changes designed to improve the over-all holdings. In any year there might be losses of this nature Net Gain from Disposal of Assets $ 2,661,346 rather than gains. This represents the payments to pensioners and beneficiaries. Obvi ously this payment will increase as the pension rolls increase as more Pensions Paid During I960 (Decrease) $24,150,166 present employees retire. (The number of employees participating in the General Electric Pension Plan at December 31, I960, was 226,270 and the number on pension rolls was 22,784.) This represents principally a deposit received to guarantee perform Other Changes (Net Increase) $18,295 ^ ance on a construction project. Since all pension benefits provided by the Plan are to be made solely Net Change in Assets (Increase) $ 88,601,421 from the funds of the Trust, the total assets must continue to increase Total Assets 12/31/60 $1,051,258,155 • as shown here in order that there may be available in the Trust, sufficient funds to pay pensions to those still at work who will retire <»> Includes $11,714 and CM includes $20,480 applicable to International General Electric (Puerto Rico) Inc. Pension Plan. later. HERE IS HOW THE PENSION TRUST STOOD AT THE END OF 1960 ASSETS INVESTED AS BELOW<"> LIABILITIES OFFSETTING ASSETS U. S. Government obligations $ 20,489,059 Required(d) to pay pensions to 22,784 present pen Corporate and other obligations 438,517,138 sioners and beneficiaries $ 193,668,652 Common stocks 325,244,896 Required(d> to pay pensions for service through I960 $ 784,251,093(b> to present employees who will retire in future. .. . 857,546,611 (e) Mortgages—Industrial $ 53,743,324 $l,051,215,263 Mortgages—U. S. Government guaranteed 25,927,145 Sundry liabilities—principally for amounts payable Real estate (leasebacks) 151,084,962 to pensioners who cannot be located and for a de Oil production participations 9,292,597 posit received to guarantee performance on a con Other investments 2,252 struction project $ 42,892 Total investments $1,024,301,373 Cash $ 1,779,157 Receivables 25,177,625 TOTAL ASSETS $1,051,258,155 FORT WAYNE — AREA gs-i ot-ao BULK RATE COMMUNITY AND UNION RELATIONS •am *z asivft *xi U. S. POSTAGE •IS 3NIV//> *M 102 PAID •id3a ao«aaai3H FORT WAYNE, IND. GENERAL0ELECTRIC lawaan ansa* Permit No. 40