Steel impact on economy drives steel labor talks push
Raw steel is consumed as fast as produced and the labor dispute over wages and work rules threatens a wider recession. Analysts warn a resumed strike could trigger widespread layoffs, with potential ripple effects across rail, construction, chemicals, and consumer industries, possibly elevating unemployment to 10 to 15 million. The pressure mounts for a settlement before the March deadline.
MENTIONED IN THIS ARTICLE
New York
Labor Department
The
Research Institute of America
High Flying Pilot Sets World Altitude Record
Los Angeles AP The man who flew higher than any before cannot describe the view from about 103,395 feet above Earth. Capt Joe B Jordan piloted a Lockheed F-104 Starfighter to a world altitude record and a time to climb record, coasting the final ascent after engine cut off at 92,000 feet. He saw the Gulf of California about 300 miles south, and noted radar contacts disappeared at the top. The record awaits confirmation by the Federation Aeronautique Internationale.
MENTIONED IN THIS ARTICLE
Los Angeles
Joe B. Jordan
Air Force
Jordan
Gulf of California
Lockheed Fimc
Federation Aeronautique Internationale
Edwards Air Force Base
Sweeney
Tex
Horizon City master plan promises secret scope near El Paso
A pair of real estate developers envision Horizon City rising near El Paso on 107,000 acres for 1.5 million residents. They project a billion-dollar basic development with a 500-foot wide thoroughfare and athletic centers, hiring Lucio Costa as chief planner. First residents would come from El Paso area as industry follows.
MENTIONED IN THIS ARTICLE
New York
Horizon City
el Paso
Arthur Rubloff
Rubloff
Arthur Rubloff & Co
Joseph Timan
Horizon Land Corp
Baste
Timan
Lucio Costa
Plarner
Morizen
Major Reservoirs Fall in Texas in November
AP reports conservation waters in Texas reservoirs declined one percent in November as releases were made to maintain stream flows. No rise in any area was reported. The Walters Engineers' board noted no significant positive changes.
Also Mentioned on This Page
Baytown
State Farm Mutual
Detalia
John Mitchell
Texas
State Farm
Maa
Automobile Insurance Company
Ne Offices
Ron
Penney’s
Esau de Tollett
Revlon
Aquamarine
Revion
N. Main
West Texas
Market
Earth
Penney
Haliday
Ney
Ban-Lon
Penney Towncraft
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