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Newspaper
Garden City Telegram
Location
Garden City, Kansas, United States of America
Date
Dec 27, 1963
Page
3
AP Business News Analyst SAM DAWSON notes a year that opened with strikes and storms, but ended with a robust domestic upswing. Steel output rose as inventories cleared, Chrysler posted a profit comeback with a two for one stock split, and auto demand supported renewed growth amid trade-war fears and policy shifts.
A year in review notes Studebaker plant closures, a SEC study fault lines, and stock markets reclaiming gains. Inflation of margins, oil market scandals, and a looming railroad strike mark unsettled times. Minimum wage rose to 1.25, unemployment stayed around 5.5 to 5.9 percent, profits hit records, and consumer confidence surged. Kennedy’s assassination shocked markets as Johnson’s leadership boosted sentiment. Retail and industrial output rose, with forecasts pointing to more buying and higher spending next year.
A Bolivar Ohio woman Mrs Iva M Myers 49 died after a one car crash on U S 36 east of Chillicothe Missouri. Her husband Charles daughter Susan Joyce 10 and son Charles Albert 8 were injured. The car went off an embankment after passing a truck. The family had been visiting in Perry Kansas.
Hollywood reports a busy year for American film with many large budgets and ambitious concepts. Top English language selections include Tom Jones America America Lilies of the Field Love With a Proper Stranger Cleopatra Hud How The West Was Won The Great Escape Charade The Ugly American Irma La Douce Under The Yum Yum Tree The Victors and others, with Sinatra Jr kidnapping case in federal proceedings. The article notes mixed quality and renewed creative spirit amid financial strains.
Telegram Want Ad section itemization 7 reports buying and selling needs. Listing tone mirrors classifieds with brief product or service mentions and potential prices or contact cues in terse lines.
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