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Newspaper
Chanute Tribune
Location
Chanute, Kansas, United States of America
Date
Jul 26, 1961
Page
6
The Iron Age notes August orders are arriving at a pace that could push steel output above a 65 percent capacity rate. First half earnings lag 1960. Price cuts in specialized products disturb the industry amid planned fall rises in labor costs. Some Midwest mills increase production to build inventory and offer quick deliveries to beat demand changes.
AP reports steelmakers see better days ahead if automakers cooperate. Detroit hesitates on orders, delaying a big output rise next month. Auto sector uncertain amid labor talks and cautious consumer spending, clouding the outlook for fall.
Analysts foresee higher steel demand from construction and defense as government spending rises while private housing stays steady. Modern mills cut costs improving profits. several firms expect gains this fall. Also noted are Santa Fe car load figures and Army private Mark K Johnson’s M 1 rifle expert qualification at Fort Riley.
Mr. and Mrs. John H. McGinnis of R. 1 recently returned from a trip to Thom asville and Bashi Alabama to visit granddaughter and grandson in law R V Treat. They also met their first great granddaughters Taralynn and Diana Lois Treat and noted Diana Tobin executive director of a Miami private school. Visitors Sunday at L A Waggoner home included Mr. and Mrs. Fred Waggoner of Altoona and Mr. and Mrs. Joe Waggoner and son from Tennessee. Joe Waggoner has worked for TVA the past 13 years. Also noted was Kansas State College of Pittsburg summer commencement Aug 8 with degree recipients.
A source notes that forty percent of Peru’s 10.8 million people are pure-blooded Indians, with lifeways little altered since the Inca era.
Hollywood guests honor Eddie Cantor for 50 years in show business at the Eddie Cantor Golden Jubilee Salute staged at the Ambassador Hotel. Cantor did not attend due to a virus infection. his wife Ida said he was confined to his home. Eddie Fisher organized the event with a committee including Jack Benny and George Jessel.
The Boston Public Library reports a rare find a copy of Benjamin Franklin's Experi ments and Observations on Elec tricity. Librarian Milton E. Lord said the item apparently was discovered recently on a library shelf.
The library reports a book with marginal notes likely in Benjamin Franklin handwriting. The volume surfaced in the library's rare book section and was donated in 1873.
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