Manufacturing Sharpest Drop In 4 Years

Manufacturing Sharpest Drop In 4 Years — The Institute for Supply Management’s factory index fell to 49 from last month’s 50.7, the Tempe, Arizona-based group reported today.

It was the fastest manufacturing drop in four years shocking analysts.

Hip, hip hooray to Philadelphia’s  Janney Montgomery Scott LLC, whose fixed income strategist Guy LeBas was the only one to call it right.

This news is also likely to shock those at The Philadelphia Inquirer for those few still reading it.

Manufacturing Sharpest Drop In 4 Years

Cinematic Hotbed Delaware County

Last years, Delaware County, Pa. was featured in all its beauty in the brilliant and Oscar-winning Silver Linings Playbook.

Last weekend, Will Smith’s After Earth, filmed largely at Sun Center Studious in Chester Township, opened on 3,000 plus screens.

Look at it this way: We are batting .500.

Cinematic Hotbed Delaware County

Cinematic Hotbed Delaware County

Elizabeth O Margerum (1929-2013)

Elizabeth Osterhout Margerum died May 30. She was 83.

Mrs. Margerum worked at the County Press and associated newspapers in Delaware County, Pa. for 31 years, much of that time as society editor.

She also edited the Bits and Pieces and Health Briefs columns and wrote occasional articles. She was also the prime designer of many of the newspaper’s prize-winning floats in the Marple Newtown Fourth of July Parade.

She worked full-time until last year.

“She battled esophageal cancer for over three years,” her daughter Patricia said.  “She did not let chemo or radiation stop her from anything.  Even her doctors were amazed at how resilient she was at 81.”

She made her own jewelry and was a long-time member of the Tuscarora Lapidary Society.

She loved travel and the  outdoors.  She and her family camped up and down the East Coast for many years.  She also visited many islands and even made it to Morocco, Spain, and Portugal just a few years ago.  Her favorite place to spend time was in Plevna, Ontario, Canada, where she owned land, hiked, and fished.  As she would say, it felt like an untouched part of the world.

“She looked at life through a 20 year old’s eyes and was always excited and interested in trying anything new,” Patricia said. “She never considered herself old.”

Mrs. Margerum was graduated from Upper Darby High School in 1947 and studied art at Lock Haven State.College.  She lived in the Media area for 50 years, most recently in Upper Providence Township.

She was a long-time member of the Media Presbyterian Church.

She was married for 46 years to William B. Margerum IV of the Margerum family that long had a meat market in Reading Terminal.

She was predeceased by her husband; son David;  daughter Tamara Lee;  brother Donald P. Osterhout, Jr.,; sister Anne E. Chandler; and  brother-in-law Bud Chandler.

Besides Patricia, she is survived by nephew  Keith Chandler, niece Lee Anne Chandler, sister-in-law Trudi Osterhout and Osterhout nieces and nephew; Susan, Patty, and Peter.

Services will be held at Media Presbyterian Church on Wednesday, June 12, with visiting at 10 a.m. and Memorial Service at 11 a.m.

In lieu of flowers, please make donations to Juvenile Diabetes Association or American Cancer Society.

Elizabeth O Margerum (1929-2013)

 

Elizabeth O Margerum

Hipster Billionaire Has $9m wedding

Sean Parker, the first president of Facebook and co-founder of Napster who has a net worth estimated at $2 billion, married his singer girlfriend and mother of his child,  Saturday at a ceremony in Big Sur, California that cost $9 million.

Landscapers spent weeks building fake waterfalls, ruins and a $600,000 stone gate. The couple and guests were garbed by Oscar-winning designer Ngila Dickson.

Wow. How many poor children could he have fed with that money? How many illegal immigrants could he have supplied with health care?

OTOH, one supposes it beats giving it to Democrats as he had been doing.

Hipster Billionaire Has $9m wedding

Hipster Billionaire Has $9m wedding

Toomey Wants Embassy Moved To Jerusalem

Sen. Pat Toomey (R-Pa) has announced that he is a co-sponsor of Jerusalem Embassy and Recognition Act (S.604 that will move our embassy in Israel from Tel-Aviv to Jerusalem.

The law would make it official U.S. policy to recognize Jerusalem as the undivided capital of Israel and that the U.S. embassy should be located there.