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Newspaper
Austin Daily Herald
Location
Austin, Minnesota, United States of America
Date
May 07, 1963
Page
3
The U.S. steel industry, preparing for wage talks with the United Steel Workers, shows signs of softening its stance on settlement terms. Roger M. Blough, chairman of U S Steel Corp, suggested a hypothetical 12 cents could influence negotiations.
Minneapolis AP reports personal incomes in the 9th District rose about 5 percent despite January and February cold. The bank notes gains in summary and retail sales, autos, department stores, and farm equipment sales. Hog and cattle prices fell, but larger livestock inventories lifted income over last year. Rural banks extended larger credit lines in March signaling agricultural confidence.
Adm George W Anderson, chief of naval operations, may have lost the post after clashing with the Pentagon over the TFX fighter design. President Kennedy will replace him on Aug 1 with Adm David L McDonald, and Kennedy may offer Anderson another government role.
Campbell County officials estimate the May 28 election could cost 25 a voter in precinct 2 A. Urban renewal reduced voters to two residents at the courthouse Michael Maloney and his brother both living upstairs. Costs include 50 to install a voting machine and pay four judges at the polling place.
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