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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Jul 16, 1958

Page

7

June Economy Rebounds With Production and Housing Rise

Government figures show June economic activity improved as industrial production rose for a second straight month. The Federal Reserve index reached 130 percent of the 1947-49 average, while personal income climbed to 351.8 billion dollars at an annual rate. The report notes wage and salary increases contributed to the June upturn.

Washington Federal Reserve Board Commerce Department

Korea Troops on Alert Amid Global Military Move

In Tokyo and Okinawa American troops joined the global military alert ordered by President Eisenhower. Navy, ground and air units in Japan and Korea were placed on heightened readiness by Pacific Command chief Adm. Felix Stump.

Tokyo Japan Okinawa U.S Eisenhower Korea Adm Felix Stump Pacific Navy

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