Nuclear Propulsion Project Nears End at Savannah
The United States nears completion of the Savannah, the first nonmilitary ship powered by a nuclear reactor. The 520-foot vessel, launched July 21, 1954, will test peaceful use of atomic propulsion with 22,000 horsepower turbines and fuel waste returned to shore. Final plans were approved by President Eisenhower and construction cost totals about 42.5 million dollars funded by taxpayers.
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Fourth Quarter Brings Hope Of Economy Boost
New York AP reports cautious optimism for a lagging 1967 economy as the fourth quarter begins. Dow Jones edged lower for the week while NYSE trading hit high volume levels not seen since June, with bond sales rising and Treasury Secretary Anderson noting tentative improvement amid market volatility.
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Salus Management Magazine
Economic output outlook and industry signals in a brisk fourth quarter
A fourth quarter projection notes rising consumer spending and inventories, with Frank W. Jenks of International Harvester and Logan T. Johnson of Armco Steel signaling improving business and gradual demand pickup. Auto production surges as new models begin. shoes prices for spring show stability while wholesale prices vary, reflecting mixed inflation pressures and higher year-ago levels.
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Nixon Moves Ahead In California State Poll
In a California state poll conducted by Facts Consolidated, Richard Nixon leads over John F Kennedy with 46 percent to 34 percent and 1 percent undecided. Dorothy D Corey, president of the polling group, notes that 2,900 respondents were questioned.
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World still wonders why Khrushchev came to America
Washington AP reports Khrushchev’s UN performance left observers puzzled as he sought to project strength while seeking a possible meeting with Eisenhower. Analysts debate whether his aims were disarmament, a Westward thaw, or a ploy with Red China to soften Western defenses and advance communist goals. The piece notes U2 tensions and UN politics shaping perceptions of the visit.
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