Masonry Magazine June 1970 Page. 30
When Performance Counts
get OHIO® LIME!
From high rise buildings to home barbeques, OHIO® Quick Mix and Air-Entrained Autoclaved Type S LIME in the Zig Zag bag will give a stronger, more watertight and smoother job, with savings in materials, labor and maintenance.
For further information write for OHIO® LIME COMPANY, WOODVILLE, OHIO 43469, A Subsidiary of General Refractories Company.
Advertisers Index...
LET THEM KNOW YOU SAW IT IN MASONRY
Anchor Manufacturing Co. 29
Bluff City Manufacturing Co. Back Cover
Cardinal Engineering Corp. 6
Dur-O-Wal National, Inc. 26
Essick Manufacturing Company, Div. of A-T-O, Inc. 20
Robert G. Evans Co. (Target) 3rd Cover
Felker Corporation 21
Giant Industries 23
Gomaco Corp. 30
Lull Engineering Co. 16
Massey Ferguson, lec. 9
Morgen Manufacturing Co. 15
New England Carbide Tool Co., Inc. 24
Ohio Lime Co. 32
Oury Engineering Co., Div. of Harsce Corp. 12
Prime-Mover Co., Div. Han, Industries 23
Process Solvent Co., Inc. 22
Stone Center Quarries 4
Superior Manufacturing Corp. 27
Thomsen Div., Royal Industries 2nd Cover
Vaughan & Bushnell Mfg. Co. 25
Zosolite Div. W. R. Grace & Co. 11
This index is published as a convenience to the reader. Every care is taken to make it accurate but masonry assumes no responsibilities for errors or omissions.
Washington Wire
(Continued from page 25)
jawboning would lead to clear, firm, and binding limits on wages, but loose lids on prices. Many in labor... and industry, too... don't think jawboning will work, anyway.
HOME-BUILDING WILL GET A MODEST LIFT in the second half of the year from new legislation designed to funnel more money into mortgages. The Home Loan Bank System will now be able to borrow money at high going rates then relend to savings and loan associations at rates substantially less. (It can draw on $250 million in subsidy money to make up the difference.) The associations can then use these funds to make profitable mortgages. Thus, more new homes can be built. Furniture and appliance sales will benefit.
The upturn in new starts may be moderate, though. The high price of a new home shuts out many buyers. Besides, many builders disbanded firms and would have to recruit labor and line up land and materials before resuming work. And, even with the Federal subsidiaries, money won't really be plentiful.
A SET OF GUIDELINES FOR THE FRANCHISING INDUSTRY is likely to come from the broad investigation just launched by the Federal Trade Commission. The principal target is the practices often found in such expanding fields as fast and convenience foods, motels, laundries and business services. The major complaints from franchisees, to be looked into by the FTC staff, include franchisor misrepresentation, curbs on buying, setting of prices, restrictions on the sale of a business and ending franchises without cause.
The guidelines that will probably emerge from the study are likely to cover contract terms between franchisors and their franchisees, plus advertising for new franchise investors.
PERFORMANCE OF THE ECONOMY WILL BE THE MAIN ISSUE in the elections next November not Cambodia... despite the loud outcries against that move. This is what seasoned political observers on Capitol Hill are saying today. The adverse reaction to Cambodia could well be neutralized by voting time. Faster-than-expected pull-outs from Viet Nam could be a plus for the GOP.
But there are many drawbacks in the economy's behavior. There's barely four months to reverse unfavorable trends. Actually, things may worsen even more, before improvement sets in. Unemployment will grow further and could still top 5% in November. Prices will be rising more slowly, but still too fast. And stock prices may be up only a little.
THERE WON'T HAVE BEEN TIME TO REBUILD currently shattered confidence in the "in" party's handling of the economy. GOP gains may be kept small. It won't matter too much whether the Republicans deserve the blame or not.
THIS FALL'S CONTRACT NEGOTIATIONS IN AUTOS are the biggest threat to economic stability now in the horizon, in the view of many labor analysts. The auto union's new leadership is out to prove to the rank-and-file that it is competent to lead; it will try to win even more than the late Walter Reuther might have achieved and that was going to be plenty. The aim will be big real gains, plus a big cushion against future jumps in living costs.
But the auto union is a bellwether. Its gains become the target for many other unions. In effect, a fat settlement and the union has the power to impose one even if auto sales lag could touch off a new round of big increases elsewhere.
masonry June, 1970