Signs Rise In Tempo Of Business Ahead Amid Slump
A week of mixed signals points to higher business tempo, led by steel and auto sectors. Reports from AT&T IBM Du Pont and others show improving sales profits while employment edges higher and production rises despite a seasonal slowdown. General Motors and Ford show strong model-year demand and wage talks progress in a hopeful labor climate. Unofficial GNP for April-June places the economy above prerecession peaks, with new orders and output gains offsetting some weakness.
MENTIONED IN THIS ARTICLE
Roger Lane
AP Business News
NEW York (Ap
Steel
Washington
American Tele Phone & Telegraph Co
International Business Machines Corp
du Pont
Vise
GNP
Beter
Iron Age
Labor Department
Ton
General Motors
Ford Motor Co
United ‘Auto Workers’ Union
Drug Industry Plans To Spend More On Research
The drug industry will spend a record 227 million dollars on human drug research in 1961, plus 55.8 million for veterinary drugs, as it expands its research budget despite public concerns about drug costs and pricing practices. The Pharmaceutical Manufacturers Association notes a 276 percent rise since 1951, driven by competition and hopes of breakthroughs to combat ailments including heart disease.
MENTIONED IN THIS ARTICLE
NEW York
Association
Profitalje.t
Pharmaceutical Manufacturers Association
Austin Smith
Translation completes Nez Perce dictionary by elder Corbett Sawyer
LAPWAI Idaho AP Corbett Sawyer 84 a descendant of Nez Perce chiefs has finished translating a dictionary into the Nez Perce language He toils to preserve his tribe s tongue and passes on linguistic heritage to younger generations in his Idaho community
MENTIONED IN THIS ARTICLE
Lapwai
Idaho
Corbett Sawyer
Douglas MacArthur
Philippines
Manila
Ice deliveries and compact electric air conditioning
A fragment notes how ice deliveries pleased ice companies and drivers but hints at a historic shift to compact electric air conditioning, implying a change in home comfort and logistics. The piece suggests a past era when ice was common, tempers, and road freight shaped daily life.
$1.65 Investment Secures Potential Pension
FRANKFORT Ky AP Vernon Mayes of Lawrenceburg may qualify for a minimum 480 yearly pension from the State Employees Retirement System after contributing 1.65. He served as Senate cloakroom keeper at 12 daily during last year’s five day session. He remains in office until he resigns or the 1962 Legislature names a successor and has not yet drawn or applied for a pension.
MENTIONED IN THIS ARTICLE
Frankfort
Vernon Mayes
Lawrenceburg
State Employees
Attorney General's Office
Mayes
Senate
Also Mentioned on This Page
Florida
Oder
Prac- Han
Stock Exchange
At&t
Business Advisory Council
U.S. Department of Commerce
Luther H._Hodges
Don's
Gene
Texas
America
Houston Lighting & Power Company
Baytown
Furghase
Weingarten's
Refreshing Food Club
FOO Club
U.S
Bing
Ivory
Zest
Clorox
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