Steel Industry Studies Future of Exports
A Washington conference on exports followed by a major reorganization plan at the nation’s biggest steel producer rekindled questions about export prospects for the steel industry.
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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Oct 03, 1963
Page
8
A Washington conference on exports followed by a major reorganization plan at the nation’s biggest steel producer rekindled questions about export prospects for the steel industry.
Chairman Roger Blough outlined U S Steel regrouping to endure tougher competition. Exports rose slightly in 1962 with indirect exports up via machinery and implements. Imports grew faster than exports, raising foreign competition despite U S aid. The AISI warns global capacity increases will sustain pressure in world markets.
Aerojet General Corp. announced a $3.6 million NASA contract for liquid hydrogen rocket engine work. The report notes rising steel capacity abroad by 18.6 percent from 1960 to 1962, with steel production up 9.6 percent and exports up 5 percent.
Multiple circuit court complaints listed including defendants Kerchner Manger White Inholt Day Ford with divorces and deficiencies. Prosecutions feature law firms Robbins Bashaw Burt Salyer Norton. Dinner event notes Meadowbrook Church hosting inspirational dinner at Perk Place Church of God with speaker Rev Klinck and entertainment.
The body of 60 year old Cernis Watson of Owensville was found buried beneath 500 bushels of corn in a Garrett Grain Co elevator in Mount Vernon. Officials say he likely suffered an attack while operating machinery at the top of a grain chute and was pulled into the bin with the grain.
Ottawa reports Canadian credit unions have 2.9 million members and assets near 1 billion dollars with loans outstanding around 1.05 billion. In contrast, United States membership reaches about 13.7 million.
Indiana Governor Matthew Welsh hails Indiana Supreme Court ruling upholding a 2 percent sales tax as protecting state revenue and school funding. He notes delayed implementation cost about 32 million dollars and potential cuts could reduce 16 million more, and stresses tax proceeds support local property taxes and education while promising swift collection and redistribution.
Hollywood report says Ralph Bellamy will portray Dr Starke in NBCs The Eleventh Hour replacing Wendell Corey. Bellamy notes he rejected other offers and aims to avoid stereotyped psychiatry tropes while expanding stories about doctors over episodic patient cases.
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