27 Dec 1960
Page 1
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Newspaper
Kingsport Times
Location
Kingsport, Tennessee, United States of America
Date
Dec 27, 1960
Page
1
Washington economists flag a mild 1961 upturn after a weak end to 1960. Unemployment may rise toward 6 million, while GNP could edge up slightly in late 1961. Inventories shrink and housing starts edge up, with steady or falling mortgage costs and broader construction gains expected next year.
The Chicago Convention Bureau reports 1 155 000 out of town visitors attended conventions and trade shows this year in Chicago, marking a busy period. Officials warn a potential trade surplus could shrink if government spending rises further, while consumer spending remains a key driver of industrial activity and employment.
Gen. Douglas MacArthur will leave his personal papers and war memorabilia to Norfolk, naming the city as the permanent resting place for records of his World War I Pacific victory leadership, Korea era role, and career achievements. He requests burial for both him and his wife on courthouse grounds to be landscaped and renamed MacArthur Square.
Dunbar Temple will meet Tuesday December 7 at Elk Hall on Lincoln Street to elect officers for the coming year. All members urged to attend. Mrs Eula Leeper and her children of Poston Massachusetts are spending Christmas here with relatives. River View Branch Boys Club Advisory Board held a Christmas party and dinner for the boys last Thursday at the club with five boys attending. The Daughters of Elks planned a youth holiday party Wednesday at Elk Hall with refreshments to be served. Non Christmas gift buying accounts for ten point four seven five billion dollars in annual sales.
Nashville report explains adoption in Tennessee remains long and burdensome with red tape. It outlines steps for prospective parents through the State Welfare Department or licensed private agencies, noting eligibility basics and the need to safeguard all parties.
UPI reports overseas investments by U S companies exceed a new benchmark with 10.2 billion in Canada, 82 billion in Latin America, and 5.3 billion in Europe. The data highlight broad international growth across regions and industries.
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