Business News Briefs Reflect Slowing Steel, Dividends
United Press International reports a 42.7 percent capacity use for U.S. steel mills this week, down from 53 percent last week, with July 4th holidays noted. Dividend payments in June fell for the third straight year to 77 higher payouts, while 72 extras declined. Commercial paper rates were cut by 0.5 percentage point, now 3 to 4 percent. Seaboard Air Line stockholders will vote August 18 in Richmond on a merger and ICC approval is sought soon.
MENTIONED IN THIS ARTICLE
United Press International
American Iron & Steel Institute
Standard & Poor’s
Seaboard Air Line
Rads
Richmond
ICC
Rifle fire targets Georgia minister and editor in Darien
In Darien McIntosh County three blocks were struck by high powered rifle fire. An unknown assailant fired into the home of Rev C B Studstill and then wounded the office of Charles M William editor of the Darien News. William blamed local law enforcement for the unsolved case.
MENTIONED IN THIS ARTICLE
Darien, Ga
UPI
South Georgia
McIntosh
Charles M. William
Darien News
C. B. Studstill
Darien
Williamson
Studstill
Tom Toppell
Guilty Conscience Payment Reported in Parcel Mystery
Walthamstow officials credited a taxpayer after receiving 179.10 in a parcel with an unsigned note asking to add to the finances of Walthamstow Council. The piece mentions a 479.10 payment dated in a curious context and references Canada's forest resources as a leading natural asset.
MENTIONED IN THIS ARTICLE
Walthamstow, England
UFI
Walthamstow Counci
Canada
Youth Delinquency Rise Tied to Drug Flow Across Border
Senate subcommittee reports 2,000,000 youths arrested in 1958 with many offenses serious. Hennings and Dirksen challenge framing of findings as a formal subcommittee report. Study links marijuana cross-border access to crime and youth issues, while noting regional patterns.
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Hennings
Washington
UPI
Senate
Alexander Wiley
R-Wis
Thomas C."hennings Jr
D-Mo
Everett Dirksen
R-I
L. Hruska Ur-Neb
Evelem
Tas
lhWauvatinah
Levitra
Obrintan
Witey Gang
Wiley
Presley says a girl motorist nearly ran down his motorcycle
Memphis Elvis Presley says a young woman driving a car aimed at his motorcycle near a cemetery as he left after visiting his mother's grave. He described the incident as a playful nerve at his bike and said the driver appeared not to intend harm.
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Memphis
Tenn
Apy
Elvis Iies
Presley
Fong Warns U S on Cuba at Independence Hall
Senator Hiram L. Fong of Hawaii told the Fourth of July ceremonies at Independence Hall that anti American Cuba agitation is a calculated campaign to blame the United States. He urged cautious action to improve life for Cubans while warning against demagoguery and urged maintaining amicable relations.
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Philadelphia
UPI
Hiram "L. Fong
Hawai Mom
United
Cuba
United States
Ior
Congress
Fong
Independence Hall
Hawaii
Peel
PLC
America
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