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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Dec 13, 1956
Page
2
Local items include vandalism curb attempts on buses with snowball damage and Public Service Commission window replacements. Meadvill e and Erie area notes report fund drives near goals, holiday sales, and civic announcements from the Corry Journal Printing Dept and local organizations.
At 7 a m today At The Hospital Report lists admissions and discharges for multiple individuals including Gaudentas Votpolls Clynier Mis and Liurence Beckerink with address details. The city considers an ordinance and holds hearings while reports note budget constraints, sewer rental changes, and ongoing school and civic notes.
Fragmented local notices report a year end meeting at the Municipal Building at 8 pm. Community items mention a new one way street proposal for Chestnut Street Meadville traffic and a Meadville parking authority survey.
The American Management Association reports a 59 percent rise in top management pay on average over the past year for about 28 000 executives in 3 300 American and Canadian firms. Corporate sales volume and net income also climbed while bonuses grow more common among executives and Christmas bonuses boost morale for many workers.
The survey shows wages rising about 10 percent and profits near 25 percent for many firms. Middle managers and technical staff gain modest raises while executives receive large bonuses, with bonuses totaling around 600 million dollars nationwide and a record bonus of 575000 dollars for a major president.
AFL CIO COPE analysis says big city machines lost grip while labor groups fill the gap. It credits labor campaigns with steadying Democratic shows in Congress and aiding Stevenson against Eisenhower. COPE notes gains for labor in nonpresidential races and hints at a larger future role.
Rep Kelley announces plans to reintroduce an oil import quota bill next year. The measure mirrors his prior effort to cap imports at 10 percent of domestic demand for industrial fuel. He cites expanding ocean shipping capacity as a shield against European disruption but warns it risks U.S. industries if Suez reopens.
Federal action seeks to block the Bethlehem Steel Corp and Youngstown Sheet and Tube Co merger under the Clayton Act. Government argues the union would create a monopoly in steel production and related facilities, harming competition and consumer choices.
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