Economy Gains Steam as Manufacturing Expands Globally
The New York AP report notes a broad economic upturn with Generali Motors Corp investing 2 billion in 1961 and 1965 plus 600 million yearly for tooling, aiming at 10 million passenger cars by 1970. February nonfarm jobs rise, manufacturing output climbs, steel shipments surge, and unemployment eases slightly as construction and factory sectors add jobs.
MENTIONED IN THIS ARTICLE
NEW York
Generali Motors Corp
Broadstream
Morgiin Guaranty ‘Trust
Index Tose Co
Weirton
Wega
Federal Reserve Board
National Steel Corp. An
Lynn Townsend
Chrysler Corp
Emillionth
Ps Fenver Cir
API Officers Named At Final Session In Midland
Midland AP says the final session of a regional American Petroleum Institute meeting focused on officer elections and technical topics. New Mexico Governor Jack M Campbell urged removal of government communications barriers to help the oil industry with state and national action. API citations were presented by Stanley C. Moore of Drilco Oil Tools and C. J. Keim of U S Steel’s Oilwell Supply Division in Dallas.
MENTIONED IN THIS ARTICLE
API
Stanley C. Moore
Drilco Oil Tools, Inc
Midland
C. J. Keim
Oilwell Supply Division
U. S
Steel Corp
Dallas
Texas Farmers Plan Cotton Planting At Five Million Acres
Agriculture Department survey shows Texas to plant about 5.23 million acres in cotton, about the same as last year. Nationally, farmers forecast 310 million acres for harvest, the largest since 1960, with soybeans up 2.3 million acres. Other Texas crops include rice, barley, peanuts, sorghums, flaxseed, corn, oats, and soybeans up sharply.
MENTIONED IN THIS ARTICLE
Washington
API
Texas
Agriculture Department
Congress
Cigarette Production Lip After Health Scare
In Louisville, AP reports a easing health scare affecting the cigarette industry. P. Lorillard and Philip Morris kept plants on a five day week while Brown and Williamson adopted a nine hour day with one overtime hour. American Tobacco ran full schedules on most brands and four day weeks on two others. Shortened weeks followed government panel remarks on cigarette smoking.
MENTIONED IN THIS ARTICLE
Louisville
P. Lorillard
Philip Morris
Brown and
Willianson Tobacco Co
American Tobacco Co
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