The Gold Rush Is on Independent Insurance Agents of Connecticut
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PAGE SIXTEEN - EVENING HERALD. Tues., Sept. 18, 1979 Business Directory Business HARTFORD — The Connecticut Business and Industry Association has announced publication of its 1680 Direc tory of Connecticut Manufacturers. The new directory contains more than 6,000 entries, featuring alphabetical, Laotian Students Learn Panel Opposes Extension Manchester High Girls Relocates Offices geographical and product listings of the state’s manufac Study Raps State Agency MANCHESTER - The W.J. Irish Insurance Agency turing firms. The directory should prove a valuable aid to English at Nathan Hale Of Action Plan Deadline In Cross Country Win For No Patient Follow-Up has recently relocated .its offices to 150 N. Main St. salespeople and executives in efforts to locate vendors, Page 2 Page 11 The agency offers a complete line of insurance jobbers, new customers, specialty shops, and others Page 10 Page 15 I coverages and counseling around the state. on matters such as Fhiblished with the cooperation of the George D. Half homeowners insurance, Company, publishers of the New England Directory of automobile insurance, Manufacturers, the directory is available from associa business insurance, and tion offices in Hartford at a cost of $25 for non- Jianrltpalpr I life insurance. Association members and $19 for members. Wallace J. Irish Jr., Directories may be ordered by writing CBIA Directory, I president, has more than 10 CBIA, 60 Washington St., Hartford, or by calling CBIA at Clear Tonight, years insurance 547-1661. experience and has CBIA represents over 3,000 companies across the state, Sunny Thursday attended numerous employing more than 600,000 men and women. The Details on page 2 educational seminars to association is dedicated to promoting an environment in keep up to date with the which business and industry can grow, prosper, and changes occurring within create jobs. the insurance industry. He Energy Update iEtirmng linnlh I has served* as president of Vol. XCVIII, No. 297 — Manchester. Conn., Wednesday, September 19, 1979 > A Family NEWSpaper Since 1881 • 20$ Single Copy • 15« Home Delivered the Manchester Associa Purchasing Meeting Washington: The oil industry and the Energy Department tion of Independent In HARTFORD - The Connecticut Association of expressed opposition Tuesday to surance Agents, and Purchasing Management will hold its first meeting of the legislation that would limit j presently is chairman of its 1979-80 season on Sept. 25 at the Villa Capri in New Realty Office foreign oil imports either by im 1 Insurance Advisory Com Wallingford. posing strict quotas or by setting mittee. Irish is also ser The main speaker will be Dr. James B. Thornblade, vice up a government corporation to ving on the Branch Office Managers Committee for the Frechette, Martin & Rothman Inc., secretary; H.M. Frechette, co-owner; president and international economist for the First Na dicker with the OPEC cartel. The Gold Rush Is On Independent Insurance Agents of Connecticut. Realtors, have opened an office at 155 Gerald P. Rothman, co-owner; Ron Barbero; tional Bank of Boston. Before joining the bank Dr . Washington: The Senate Representing insurance companies such as The Talcottville Road (Route 83), Vernon. Left to Thornblade was associated with the Executive Office of LONDON (UPI) -- Make no mis way the price is going to go,” said a Ken Jackson, South Windsor office manager; Finance Committee agreed Travelers. Middlesex. Cambridge Mutual, and CNA, The the President. He was also a professor of economics at take about it. The gold rush is on, but leading London economist. “Anyone right are Vinnie Striano, manager; Roger and Tom Benoit, assistant manager. (Herald Tuesday to allow producers of W.J. Irish Insurance Agency is also a member of the Syracuse University. Dr. Thornblade's subject for the no one is heading West, who does is a fool"' Brunell; Linda Berkowitz; Doris E. Smith, photo by Pinto) evening will be “Economic Forecast.” alternate energy a $3 tax credit A day of unprecedented frenzy on Experts had hoped a U.S. gold auc Professional Insurance Agents Association of Connec for each barrel of oil they dis ticut. New York, and New Jersey, and the Independent The activity will begin at 6 p.m. the world money markets Tuesday tion from Fort Knox would ease the place. situation Tuesday by dumping 755,(KX) Insurance Agents of Connecticut. sent the price of gold soaring to an Washington: Deputy Secretary all-time high of $383 an ounce in New ounces of gold on the world market. of State Warren Christopher is York, $377 in Zurich and $374 in Lon But officials said they received bids Completes School planning to return to Mexico for don. for 2.55 million ounces of gold. MINNEAPOLIS - Bernard R. Johnson. FIC, of another round of negotiations on Gold surged to yet another all-time “What they thought was water Redwood Road. Manchester, was among a group of the deadlocked issue of natural peak today in London, but dealers poured on the situation turned out to gas sales to the United States, saw a pause in the rapid rise be petrol." a London observer said 9 Lutheran Brotherhood district representatives who successfully completed one of the fraternal insurance t U.S. officials said Tuesday. nevertheless. The metal hit $376 an late Tuesday. society's career schools. Rio de Janeiro, Brazil: An Esso ounce at the official London fixing The bids came from dealers hoping Held Aug. 27-30 at the society's home office in drilling team has struck oil in the today, $2 an ounce above Tuesday's to avoid the setback they suffered Minneapolis, the school concentrated on various aspects Atlantic off Brazil's southeastern record price. last month when the Dresdner Bank of estate planning, business insurance, tax-deferred plans coast but more tests will be “The market is nervous in slow scooped up most of the U.S. gold with and corporate pension plans. necessary to determine yhether trading, " a dealer for Johnson its high bid. Johnson is a member of Lutheran Brotherhood's John or not the find is commercial. Mathey brokers said. “Their rivals, particularly in Mosby Agency, headquartered in Tolland. Just 48 hours earlier, dealers were Switzerland, were terrified of being The Economy stunned that gold was selling for $350 left out (this time)," one source said. an ounce - 10 times its cost at the Attend Seminar We Listen... We Act ...We Get Things Done!’ Miami: Voters have soundly end of 1971. MONTPELIER ,Vt. - Alice M. Rodriguez of 32 H beaten a mistakenly worded “ No one seems to be able to Channing Drive. Manchester, pension clerk with the proposal that would have cut 99.95 remember a day quite like it in the No Doubt LaBonne-Bemis Associates general agency in Hartford of percent of the taxes used for day- bullion markets. " a financial expert National- Life Insurance Co. of Vermont, took part in a to-day operations of Dade Coun in London said. “The scale of the rise seminar of the administration of employee and self- ty's $1 billion-a-year government. in gold prices is staggering.” lie ’ll Run employed pension plans. Detroit: The United Auto Tuesday was the ninth time in 12 MEET Workers' tentative contract with The associate of general agent George “Ted " LaBonne days demand for gold pushed prices WASHINGTON (UPII - President Jr. was one of 36 selected representatives of the firms' 80 General Motors Corp. is to a record high, but this time was proceeding toward a rank-and-file Carter appears to be resisting general agencies from throughout the country who different. Never before in history had appeals by some supporters to step studied the latest developments in the field of pension ad ratification vote with hardly a the cost of an ounce of gold risen so breath of dissent among union up the timing his re-election an ministration. much in one day on the European nouncement, but a top aide says he policy groups. market. Washington: In a move that cannot imagine “any doubt in Promotion Director YOUR “It's a panic situation. " said Leslie anyone's mind " Carter is running could improve the chances for Deak. vice president of Deak- So far, sources said Tuesday, NEW HAVEN - Dorria DiManno Marsh has been ap ratification of SALT II, the Senate Perrera in New York. “ Banks are pointed director of station promotions, WTNH-TV, it was is proposing to add $25 billion to Carter still plans to make the an calling on behalf of their clients and nouncement later in the fall, but announced by Capital Cities Communications Inc. JAMES McCAVANAGH U.S. defense spending over the telling us to buy. They don't care WTNH-TV is a Cap Cities station. STEPHEN CASSANO next three years. before a filing deadline in mid- Board of Dlractora Board of Dlractora what it costs" December, Ms. Marsh assumes her new post immediately, and will One dealer said the gold rush was be responsible for all station promotion, as well as public TEAM Plane Crash “The decision has been made," Commodity Exchange bidding on the spot “unheard of. " but no one was ready said press secretary Jody Powell on and press relations for Channel 8. more than $375 an ounce. Dealers who scoffed to predict an end. Since joining WTNH-TV in May 1978, Ms. Marsh has SUFFIELD (UPI) - A twin- market was brisk Tuesday as gold soared to at a $400 an ounce price by year’s end are now whether Carter would seek re- “Really, with the state of the election, adding the president has not served as assistant to the production manager and public engine plane believed to be saying it's a possibility this week.