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Sperry Vickers Names McCormick Manager Marine And Ordnance Jerry D. McCormick Jerry D. McCormick has been named manager of marine and ord- nance for Sperry Vickers Aero- space-Ordnance-Marine Division, In his new position, Mr. McCor- mick will have basic management and supervisory responsibilities for manufacturing and marketing the division's marine and ordnance products at Sperry Vickers' Jack- son, Miss., manufacturing and ad- ministrative facility. A seven-year Sperry Vickers em- ployee, Mr. McCormick ha's served in a number of key positions, in- cluding manager of industrial en- gineering at the company's Tulsa Division, as general plant super- intendent at its Joplin, Mo., manu- facturing facility, and most recent- ly as materials manager at the Tulsa Division. He is a member of the American Institute of Industrial Engineers, has served on the board of directors of the National Management As- sociation, and is a member of the Society of Manufacturing Engi- neers. Mr. McCormick has a B.S. degree in industrial engineering from the University of Arkansas. 86.9% Rise In Profits Estimated By Lykes The Lykes-Youngstown Corpo- ration's estimated earnings for the first half of this year should reach $40 million after taxes, J.T. Lykes Jr., dhairman, announced. The rise would come to 86.9 percent above the $21.4-million net income shown in the corresponding six months of 1973. The company includes the Youngstown Sheet and Tube steel producer and Lykes Bros. Steam- ship Company, the largest Ameri- can-flag fleet of dry-cargo common carriers engaged in international commerce. At the same time, directors of the New Orleans, La.-ibased com- pany voted to clear up three of the six quarterly dividend arrears on its preferred issues. Declarations were $2.50 a share on the $2.50 Se- ries A preferred and $4 a share on the $4 iSeries preferred, payable Ju- ly 15 to shareholders of record June 21. These payments include the regular quarterly payment with the arrears. The last dividend on the common stock was 15 cents on Sep- tember 10, 1970. July 1, 1974 13 Design Contract For Galveston-Bolivar Ferry To Coast Engineering Coast Engineering Company, na- val architects, Norfolk, Va., have been commissioned by the Texas Highway Department, Austin, Texas, to design a new 70-car 500- passenger diesel-driven passenger/ vehicle ferry for the Galveston- Bolivar Ferries. The vessel will be approximately 250 feet long, have a breadth of 63 feet and a draft of 8 feet. The designed speed will be 12 knots. Plans and specifications for the vessel will be completed about Oc- tober 1, 1974, according to Harry W. Keeling Jr., president of the firm. The design will be under the personal supervision of John C. Chivvis Jr., vice president, engi- neering. This firm was consultant and naval architects for the recently delivered ferry Delaware, a 320- foot vessel for the Cape May- Lewes Ferries. This ship will re- place the present steam ferry of the same name, which was former- ly operated on the Little Creek- K'iptopeake run. Two additional sister ships now under construc- tion will replace the remaining old steam ferries this fall. Tips to Keep your Union Wire Rope going longer You can get all the life Union Wire Rope is de- signed to give when you use good maintenance procedures. For example, the lubri- cants applied during rope manufacture serve for its initial use while being broken in. Later, during normal operation, lubri- cants for preventive main- tenance should be selected to meet operating condi- tions, such as speed of operation and the amount of salt spray in the air. This is just one main- tenance tip. Union Wire Rope Marine Distributors can give you lots more tips to help you get longest safe service. Planning far enough in advance for future rope needs with your Union Wire Rope Distri- butor can help, too. We do everything we can to help you keep going. Union Wire Rope is a product of Armco Steel Corporation. ARMCO V
