Steel price hikes spark wage spiral debate in Washington
President Johnson and labor leaders confronted a Steel Corp price rise that followed U S Steel with a planned $5 per ton increase on cold rolled sheets. Bethlehem Steel and other producers signaled possible following actions while urging labor and business to resist new wage demands. Johnson warned against easy exits and cited historical risks as officials consider emergency measures.
MENTIONED IN THIS ARTICLE
Washington
U.S
Steel Corp
Johnson
U.S. Steel
Congress
John
Ae Foliay
Eisenhower
North
Vieltion
Peptsburgis
UPI
Bethlehem Steel
All Asia
Sat-1 Corp
Gardner Ackley
Hislin
Vietnam
National Stee Corp
Mussolini
Hitler
Work Stoppage Prohibited By Court Restraining Order
A court restraining order bars work stoppages and boycotts under contracts with Retail Clerks in Tinian through March 31, 1969. A preliminary injunction hearing is set for Dec 18. Meateaters Union extended picketing to San Francisco Oakland area with no reported store disruption. Roger Blough of JBS steel blamed government spending for inflation while defending steel price hikes affecting autos and appliances.
MENTIONED IN THIS ARTICLE
Américan Express surUset
America
Boyne Elmar Etec Fatren
Corp. Reales
Los Angeles
Aed Great America
Lake Arrowheld
Walthe
California
Bulcher Batat
Gli
Ws Eninips
Uerns
Stobert.s. Thompson
Redher
Bickererican Markets
SF. O
aHies
Tampax
Tinian
Mards
Meateasters Union
San Francisco
Oakland
New York Stock Exchange Brief Picks Winners
On the New York Stock Exchange, leaders and investors react to a listed selection. Traders monitor gains and losses as standard market activity continues amid mixed signals.
Investment Funds New York IN and Franklin fund listings
Investment Funds New York appears with multiple fund names and pricing lines across securities listings. The fragment references numerous fund entities, managers, and share prices, including Franklin Pilgere and Stein G, with various percentages and values indicating holdings, net asset values, and transaction notes in a dense OCR snapshot.
MENTIONED IN THIS ARTICLE
New York
Foureq Fasi Iaiphhy Fo
Mass
Nausrat Aviccl
Franklin Pilgere
Stein G
Ine Fee Co
Storh
Foreay Fek BP
Pionear
Teley Elit Roz
Fund Arm
Puritan
Fmpnasas
Abel A
Lgagan Lay
Fea
Arras
Gem
Equity Sp Far
Twnc
Ani Ole
Fuads Am Grih
Mem
Inc
Inco
Scien
Wall Street Holds Breath As Market Rally Continues
New York AP reports the stock market rally persisted with the Dow Jones average up around 70 points at noon, breaking through the 1,885 level but analysts say the victory remains provisional until the gain holds beyond the day’s session and if the rally sustains, broader gains may follow.
MENTIONED IN THIS ARTICLE
Neya Dow Jones
NoAmRock
AdMillis
Hongas
Nakes Uy Rayanr
Reytheon
NwBan
Allis
Norwich
Rexall
weilOiFeeeis
High
Shia
Cory
Haneywlay
Shiawase
AmBser
Eoopecin
Raye Cola Birag
Fern
H Houston LP
Pires
Amespw
Ae Ea
Craam Cork
Silsanf
Rome
Crewnze
el tdanoPw
Senaery
Erie
Cudahy Co
Curtis
Panasul
Schering
Axel Clisa
Avanne Bi
Scienist Data
Taste
Lscolt Paper
Ted Danner
Sears
Seenurg
Aiap Inc
Blewett Ou
T&t
Davis
Singerco
Soutaie
Womain
ArchDan
Disney
Phila
Armeo-Sit
Phil Ros
Phitors
SauiGar
Jeategan
Aias
Atchisen
Apua
Atlas Corpile
Eas Air
Kayser
Itette Bobek
Kerrie
Eipasong
Beckman
Kroger
Besthalre
Aerojet
Benaix
Ajax
Benguet
Eversharp
Lenpgem
ArkiGas
Real
Borden
Pe Fansizel
Ale Liggettara
Barnes Eng
Texaco
Balanny Res
LivCup
Lilien
Brunkwick
Minto
Fel Lockhis
Ieee
Aristo
Teal ucyEretry
Firesine
Lorwsth
Keystone
Val Thiovet
Chase
Bet
Fudd
Fsraa
Freeasur
Bas Pal
Msratha
Carle
Alben
Tarquar Ag
Hoernesy
Powis Savers
Ie Gee Genecec
Yi Hydremett
Savam Corp
Skanes
Kaiser Radio
Gerber
HieyPark
Iainneean
Gia
Ah US
St Sais
Goodrich
Drexel
Cileas Ve
A. Fii
Gracece
Asia
Tata
Treytus
Chevenl
Yecotan
Gain Bal
Paul Shes
Divid
Associated Press
Wall Street
New York
Dividends and Steel Stocks Rise on NYSE Trading
Market summary notes gains outnumbering losses by about 220 points as steel shares led a broad advance. Armco, Bethlehem, and Republic Steel rose, McDonnell Douglas jumped, and City Investing climbed amid an overall upturn in the American Stock Exchange.
MENTIONED IN THIS ARTICLE
Armen
Bethlehem
U.S. Steel
Associated Press
Al-Man
Armco Sterl
Republic Steel
Tones
Laughlin
McDonnell Douglas
SCM
United Engineering &Foundry
Whittaker
Stek Exchange
Also Mentioned on This Page
Island
Republic
Armco
Wheeling
Jones & Laughlin
Hich
Roger Blough
J.8
Steel
Blough
University of Virginia
Raitt Ind
Uti
New York Stock Exchange
Beiter
Fiorace
Asziss
Imp Gr Dalaug
Bey
Viking Gr
Gice Rid Widesz
Weadl
FF SY Fai
Éesh Paw
Ins & Onk
SV Stad Siri
Fap Inc da Kgstinvest Group
Sted Bag
Wuiscon
Sted
Taleehein
Lough Glass
SL. Regis Paper Company
Syvens Carp
New York’ Stock Exchange
Stoker
Guido Casadei
Larry R. Howell
P.O. Box
Hayward
Woodmen Accident and Life Company
Lincoln, Nebraska
Mutual Segal Mecerye Company
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