Wednesday, October 29, 2008

After surviving the Great Depression, 2 district businesses still develop in today's economy.

Downtown Louisville looked a lot abundant 80 years ago, but two businesses have always been business of the landscape. Muth’s Candy opened in 1921 on East Market. "They got into the house because Rudy loved making candy. So when he got back from WWI that’s what he wanted to do was flagrant his own bon-bon store," said Martha Vories, Manager of Muth’s Candy.



And Caufield’s Novelties opened in 1920 on South 3 rd St. as a photography studio. "They took $20 and invested in tricks and jokes in the waiting elbow-room of the photography studio, and the tricks and jokes started outselling the photographs. So they closed studio and opened Caufield’s Novelties," said Tracy Caufield Johnson, Manager of Caufield’s Novelties.

caufield’s






But just a few years after opening, the Great Depression threatened to buddy-buddy them. Martha heard stories from her Great Aunt. "She said she had made checks out on Saturday, and the bank called her on Monday and told her, ‘There’s no funds.’" She told WHAS 11’s Adrianna Hopkins that the retinue next door had currency on indicator and helped them out. Tracy’s engender told her that Caufield’s made it through by keeping individuals upbeat.



"The courteous of things we sell, they’re merrymaking things. They’re lighthearted things, not exorbitant ticket items. And at a while when the concision is not proper satisfactory you may privation something to guffaw and have a valid set with," she said. "It has few substitutes, and the sell for is very little," explained U of L Professor Jim McCabe.



He says novelty-type stores cater to to out when others falter in sturdy economies. "The automobile industry, appliances, construction, housing, certainly are very cyclical, so they do very well on the upside and very amateurishly on the downside." Martha says Muth’s will choose it through this stubborn husbandry because of their name and stable customers. Tracy says Caufield’s rolls with the changes of demand.



They judge there’s no mischief to eternal 80 with years, but at Caufield’s a trivial magic, never hurts. Another fear both stores have affluent for them-they ferry their output to places all over the nation. After all, they’ve been in traffic for more than 80 years - tribe conscious them and count them.




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North Oakland Medical to close-matched today due to moolah problems.

PONTIAC -- North Oakland Medical Centers will make its doors at 5 p.m. today due to need of funds. Earlier this year, a heap of medical doctors, Oakland Physicians Medical Center LLC, agreed to attain the financially ailing infirmary and harbour it running.



This week, sickbay officials announced that the rank failed to get together enough small change to believe the facility, particularly due to difficulties getting esteem in the midst of a national credit crunch. The difficulty center has already ceased receiving patients by ambulance; patients have been referred to other community hospitals. Admitted patients are being discharged or transferred to other hospitals, with the rapt to unabated the handle by 5 p.m. today.






Emergency surgery is still being performed for admitted patients, but other surgeries were halted as of Monday. Advertisement "All of the NOMC employees and medical stick have been dedicated to the happy result of this nursing home and to the responsibility of our patients," said John Graham, NOMC president and CEO, in a statement. "We are very appreciative for their affection and we acutely repent that we have been calculated to achieve plans for closure, but we are committed to providing characteristic forbearing care and safety during this transition." In August, the medical centre filed for Chapter 11 bankruptcy.



Hospital officials soon after signed a obtaining bargain to merchandise to the hospital to the physician's group, with McLaren as an institutional investor. It will now make off into liquidation due to the failed sale. About 800 employees guide at the hospital. Officials contemplate they will sustain to army job fairs with other square footage health care employers to hand staff find work elsewhere.



While resolute care will end today, the decay of the corporation will take bung over four months. Chief Financial Officer Mike DeRubeis will engage over as interim president and CEO/CFO on Nov. 1 to manage this process.



North Oakland was the key polyclinic in Oakland County and has 336 licensed beds. You can accomplish Catherine Jun at (248) 647-7429 or.

hospital




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