Steel Union Votes Pact On Extension
Pittsburgh based United Steelworkers approve a four month extension pact with major producers by the Wage Policy Committee. Secretary Treasurer Abel expected to be named USW president succeeding David J McDonald. Election margin reportedly 16 000 votes. Escrowed 11.5 cents hourly raise to be paid after final contract.
MENTIONED IN THIS ARTICLE
Pittsburgh
UPJ
United Steelworkers Union
USW
WPC
Abel
David J. McDonald
Union
Philip Murray
McDonald
Big Three Show Record Profits in 1963 First Quarter
The three leading U.S. steelmakers posted record profits in the first quarter as demand remained strong and utilities stocked up. U.S. Steel earned 73.77 million dollars, Bethlehem 44.13 million, and Republic Steel 23.28 million, with rising sales and record shipments of 5.704 million tons.
MENTIONED IN THIS ARTICLE
New York
U.S. Steel Corp
Bethlehem Steel Corp
Republic Steel Corp
Raborn Sworn In as New CIA Director at White House
Retired Vice Admiral William F Raborn took the oath as director of the Central Intelligence Agency in a White House ceremony yesterday, succeeding John A McCane in the top post.
MENTIONED IN THIS ARTICLE
William F. Raborn
Central Intelligence Agency
White House
John A. McCane
Ross Confirmed Again for FPC
Washington UPI Charles R. Ross of Burlington Vermont was reconfirmed by the Senate to a new term on the Federal Power Commission. The confirmation came after supporting remarks by Sen. Winston Prouty Republican of Vermont and Sen. Philip A. Hart Democrat of Michigan.
MENTIONED IN THIS ARTICLE
Washington
Vermont House backs referendum on state sweeps plan
Vermont lawmakers endorsed a 6 million proposal to stage a public referendum on a state sweepstakes in the Green Mountain State. The Ways and Means Committee voted 15 to 0, sending the bill to the Appropriations Committee for a 125000 setup to create a three member sweeps commission, mirroring New Hampshire’s program.
MENTIONED IN THIS ARTICLE
Montpelier
UPI
Vermont House Ways and Means Committee
Green Mountain
Cam
House Appropriations Committee
Vermont
James Shea
D-Winooski
House
New Hampshire
Dumaine Rockefeller Plan Plays Out Over NHRR Buy
Fr ed er ic C Dumaine Jr former NHRR president renews bid to buy the bankrupt line to block Pennsylvania and New York Central control He seeks state federal guarantees and private funds and would share profits if subsidized by states. Governor Rockefeller cites federal inaction and NHRR losses
MENTIONED IN THIS ARTICLE
Washington
Frederic C. Dumaine Jr
New Haven Railroad
Pennsylvania
New York Central
Dumaine
Boston
Massachusetts
Republican State Committee
New England
John W. McCormack
Grand Central Terminal
West End
New Haven
Conn
Supreme Court bars merges that curb competition acts
The Supreme Court unanimously upheld an FTC order against Consolidated Foods Corp for acquiring Gentry Inc. and using purchasing power to push Gentry’s sales. The court rejected the circuit court view that no competition loss occurred and warned that reciprocity in acquisitions undermines anti trust laws.
MENTIONED IN THIS ARTICLE
Washington
UPI
Supreme Court
Federal Trade Commission
FTC
Consolidated Foods Corp
Chicago
Gentry, Inc
Los Angeles
Consolidated
Gentry
Circuit Court
GM's First Quarter Sets New High Profit
GM reports a first quarter profit of 636 million dollars, a new high for any firm in Q1 and for GM. Ford posted 208.8 million, Chrysler 56.6 million. AM general motors employed 737,963 workers with 1.3 billion in payrolls.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
Ford
Chrysler
U.S
Ford Motor Ca
American Motors
Frederic G. Donner
John F. Gordon
GM Car
Color Photo On Auto License Posed for 1966
Boston UPI reports a plan to issue four year driver's licenses with color photographs starting next year. Pending legislative approval, licenses would be issued every four years on expiration with photo at registry office and mandatory vision recheck including colorblindness test.
MENTIONED IN THIS ARTICLE
Boston
UPI
Richard E. McLaughlin
McLaughlin
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Harald Keith Johnson
U.S. Army
Philippine Legion of Honor
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Franklin D. Roosevelt Jr
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James Roosevelt
D-Calif
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United States
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Berkshire Eagle
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Mom
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CAS
Chang Layaway
Joe
Tou
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Dalton Ave
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