Steel Chiefs Rally Against Kennedy Anti Inflation Plan
New York AP. Steel executives at the American Iron and Steel Institute meeting condemn Kennedy administration price restraint and wage cost limits saying the anti inflation formula deepens profits squeeze. Leaders Blough Worthington and Adams criticize stockpiling and industry downturn blamed on buyers.
MENTIONED IN THIS ARTICLE
New York
Roger Blough
Leslie Worthington
U. S. Steel Corp
Boost
American Iron and Steel Institute
Avery Adams
Jones & Laughlin Steel Corp
Adams
Ford Chief Warns on Government Intervention
DETROIT AP Henry Ford II told the Ford Motor Co annual meeting Thursday he has become concerned about growing government intervention in business. He urged careful policy to support industry and economic growth.
MENTIONED IN THIS ARTICLE
Detroit
Henry Ford II
Ford Motor Co. Annual Meeting
Ford Shares Split Stirs Investors Amid Policy Debate
Ford told shareholders that government pressure on business costs is risky and not economically sound in the long run. He supported efforts to curb cost trends but opposed direct administration pressure. The meeting approved a two for one stock split increasing authorized shares to 415 515 350 with a par value of 2.50.
MENTIONED IN THIS ARTICLE
Kennedy
Ford
Cary Grant and Co Star in Gunga Din Friday Evening TV
Cary Grant Douglas Fairbanks Jr Victor McLaglen and Sam Jaffe star in Gunga Din airing Friday at 10 45 p m on KCRG TV 9 in a classic film presentation by the station with a star filled lineup.
MENTIONED IN THIS ARTICLE
Cary Grant
Douglas Fairbanks, Jr
Victor McLaglen
Ben Casey
Sam Jaffe
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