1960s Not Yet Boom Says AP Survey Across Nation
The Associated Press finds mid year business generally steady with mixed signals in 1960. Executives from Detroit to New Orleans report slower third quarter sales and downbeat prospects, while others see potential for a rally if weather and demand improve. Unemployment hovers around five percent and steel and housing show weak spots.
MENTIONED IN THIS ARTICLE
New York
W. L. Burns Jr
Durham
N.C
Associated Press
Detroit
Big J. L. Hudson
New Orleans
Isidore Newman
Reeve Wetherill
John Wanamaker’s
Philadelphia
Vermont
Reno
Nev
Roger Blough
U.S. Steel
Robert Weem
University of Nevada
Mississippi State University
Mississippi
Carelessness Blamed In Most Boating Mishaps
Austin AP report notes 90 percent of boat operators in accidents had over 100 hours of experience. Inattention and unsafe exit by operators cause 63 percent of mishaps. One frequent incident involves a skier pulled by a boat whose operator misses the forward path. Two people in a boat pulling a skier recommended. Army helicopter pilots assist in buffalo roundup at Wichita Mountains Wildlife Refuge to locate strays and drive them in. Poughton Named Jaycee President at St Louis. Morgan J Doughton of Allentown Pa elected national president of Junior Chamber of Commerce on sixth ballot defeating Howard J Thomas of Silver Springs Md with final unofficial count Doughton 1669 Thomas 1563.
MENTIONED IN THIS ARTICLE
Austin
State Highway Department
Iby
Army
Wichita Mountains Wildlife Refuge
Ibison
Poughton
Jaycee
ST. Louis, Mo
Morgan J. Doughton
Allentown
Junior Chamber of Commerce
Doughton
Howard J. Thomas
Silver Springs
Thomas
Tom Ruffin
Shreveport
Auto Industry Holds Economy Leadership
New York AP reports the summer economy centers on autos and steel with mixed signs elsewhere. Car production nears 3.7 million for the year, Ford boosts output after a strike, compact cars hit a record share, steel runs at about 61 percent capacity, and May consumer prices rise to 196.3. Wage boosts cross several industries, rail unions gain four percent, and the stock market advances amid higher bond sales as U.S. Steel distributes efficiency bonuses and health insurance coverage remains widespread. Railway Express contemplates a name change amid diversification of transport modes.
MENTIONED IN THIS ARTICLE
New York
Ford Motor Co
Charles M. Beeghly
Jones & Laughlin Steel Corp
John M. Snow
National Assn. of
Labor Department
Brotherhood of Railroad
Brotherhood of Locomotive
New York Stock Exchange
U.S. Steel Corp
Railway Express Agency
Advanced Titan Missile Tests Point to New Models
CAPE CANAVERAL Fla AP the sixth straight 5,000 mile Titan flight clears testing for an advanced model with a tactical nose cone. A data capsule recovered after impact confirms cone performance while five West Coast tests verify accuracy and range. Titan G series nears end as J series and Titan I under development.
MENTIONED IN THIS ARTICLE
Cape Canaveral
Fla
South Atlantic
Ascension
Air Force
Eglin Air Force Base
Gulf
Santa Rosa Island
Eglinests
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D&s
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VEAL
Ballard Or
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HI and
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Nevore
Eer
Mn. Abernathy
Otto
Monty
Frank Roberge
Rocky
Sleer
Wren Trinarisz
Wee
Mort Wormer
Kik Browne
Frank Ridgeway
Ralston
Bud) Jones
Bloke
Alice
Auto Industry
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Anderson Shoe & Saddle Shop O
W. Texa
Titan
Pelly Store
West Main
Borden
Market Street
Lynchburg
Borden's Glacier Club
Cleo
Niblet
Mrs. Shelby
U.S. NC
Kentucky Wonder
Wooster
Maryland Club
Peg
Hamburger
Cudahy