Forces Back Armco Inland Price Squeeze Uncertain
Government moves toward a grand jury investigation as a potential steel price rise by US Steel and others faces a test if Armco Steel and Inland Steel hold out. Roger Blough of US Steel warned the change could force concessions while Inland and Armco executives call the rise unnecessary, arguing it harms national interests and defense costs.
MENTIONED IN THIS ARTICLE
New York
US. Steel Corp
Blough
Armco
President Kennedy Dines in Iran State Dinner
President and Mrs Kennedy attended a six course state dinner hosted by the shah and empress of Iran at the new Iranian chancery. The event featured Persian garden views, caviar to spinach courses, and an exhibit of Iranian provincial art. Mrs Kennedy wore a pink Dior gown as Empress Farah dazzled in orange chiffon with emerald diamond jewelry.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Persia
Iran
Kennedys
The Weather Bars Chilly Tonight Then Warmer Weekend
Forecast calls for a low around 31 with a Saturday high near 48. Through Wednesday temperatures run below normal with highs around 59 and lows near 37. Rain chances Sunday or Monday, then warmer at week start. Yesterday’s official high 60, overnight low 34. Middletown pickup .10 inch precipitation in 24 hours.
MENTIONED IN THIS ARTICLE
Middletown
Wagner Rockefeller Strike Ends After Budget Accord
New York governors Nelson Rockefeller and Mayor Robert Wagner met for two hours to resolve a dispute over city school funding. They proposed a formula to add 13 million dollars to city schools and aim for a final settlement, potentially ending a one day teachers strike led by the United Federation of Teachers. The union had demanded 53 million or at least 3.8 million in raises, while the Board of Education said 28 million could be offered for the next fiscal year.
MENTIONED IN THIS ARTICLE
Blough
Defense Department
New York
Nelson A. Rockefeller
Robert F. Wagner
Wagner
Rockefeller
Board of Education
UFT
U.S. Steel
Kennedy
Pentagon orders steel buys from nonprice-increasing contractors
Bulletin from Washington says the Pentagon directed defense contractors and their suppliers to shift steel purchases to firms that have not raised prices, aiming to curb recent inflationary costs across the defense supply chain.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
New Hungarian Cigarette Brand Draws Fire in Wartime Letter
In Vienna AP dispatch a Hungarian writer complains about a brand in a provincial Bekes Megyei Nepus letter. He likens it to fireworks and lava, noting ashes fly and sparks resemble a magic candle. He labels some cigarettes as sleepers that go out easily.
MENTIONED IN THIS ARTICLE
Vienna
Bekes Megyei Nepus
Air Access Seen Topic Of Talks
The new round of U S Soviet talks on a Berlin settlement centers on guaranteed Western access to West Berlin via surface and air routes. Secretary of State Rusk and Soviet Ambassador Dobrynin will lead the opening session in Washington Monday. The United States seeks an international authority with control of the supply lines and rejects Soviet East German supervision.
MENTIONED IN THIS ARTICLE
Washington
Berlin
West Germany
Dean Rusk
Anatoly F. Dobrynin
United States
U. S
Soviet Union
West Berlin
Ruskin
Geneva
Andrei A. Gromyko
Rusk
U.S
Vanik Urges Steelworkers to Void Contract Over Fraud
Washington AP report notes Rep. Charles A. Vanik, a Democrat from Ohio, reacting to rising steel prices by calling for the United Steelworkers to consider voiding its contract with U.S. Steel on the grounds of fraud in a floor speech.
MENTIONED IN THIS ARTICLE
Washington
Charles A. Vanik
Ohio
United Steelworkers
US. Steel
Threats Dismemberment Penalties Loom
The federal grand jury probes U S Steel price increases. Investigators seek criminal penalties for price collusion and possible breakup of U S Steel for dominance. Attorney General Kennedy disclosed subpoenas to Bethlehem Steel and Armco with matches to similar price hikes.
MENTIONED IN THIS ARTICLE
U.S. Steel Corp
Kennedy Sees Navy Maneuvers in Atlantic Fleet Action
President Kennedy observes Atlantic Fleet exercises from sea and shore with ships planes missiles and men. He will fly to Norfolk for a secret briefing then view fleet operations aboard the submarine Edison and the command ship Northampton.
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Washington
Kennedy
Navy
Marine Corps
Norfolk
Andrews Air Force Base
Maryland
Oceana Naval Air Station
Lyndon B Johnson
Oceana
Congress
Thomas A. Edison
Hampton Roads
Northampton
Newport News
Boston
Long Beach
Enterprise
Forrestal
Widow Beth Scheib Feeds 15 Children On 10 Acre Farm
SOAP LAKE Wash AP widow Beth Scheib inherits a farm after a plane crash killed her husband and neighbors. With 12 children aged 2 months to 14 years she drives the tractor, harvests alfalfa, irrigates, and builds a self sufficient operation on 10 acres plus 45 cultivated for a neighbor. The family plans a larger cattle herd as costs run about $200 monthly to feed the brood.
MENTIONED IN THIS ARTICLE
Soap Lake
Wash
Beth Scheib
Larry
Beth
Lawrence Scheib
Farm Home Administration
Kathy
Jerry
Clifford
Jim
Peggy
Barbara
Don
Wally
Scheid
Leonard McNamara
Scheibs
Workers walk off at Kentucky Power Big Sandy plant
About 800 electricians staged a Thursday walkout at the Big Sandy power plant under construction near Louisa Kentucky. The dispute involved installation of electrical equipment and was between the electricians and the prime contractor Bechtel Corp.
MENTIONED IN THIS ARTICLE
Louisa
Kentucky Power Co
Big Sandy
Here
Fred Carman
Bechtel Corp
Nike Zeus Pay Asses Test Transocean Rocket Flight
In Mugu California the Nike Zeus antimissile rocket completed its first transocean flight with all three stages tested. Army officials said missile and ground guidance performed as expected and test objectives were met. The system is designed to detect and destroy incoming intercontinental missiles before they reach their targets.
MENTIONED IN THIS ARTICLE
Point Mugu
Calif
Steel price boosts spark federal probe and industry backlash
U. S. Steel leads a 3.5 percent price rise adopted by Bethlehem Republic Jones and Laughlin National Steel Corp Youngstown Sheet and Tube Wheeling Steel Pittsburgh Steel others. Kaiser Armco Inland Justice Department and Atty. Gen. Kennedy study the move as Meany and United Steelworkers oppose. Blough defends hike while labor and consumers brace for higher costs.
MENTIONED IN THIS ARTICLE
U. S. Steel
Bethlehem
Republic
Jones and Laughlin
National Steel Corp
Youngstown Sheet and Tube
Wheeling Steel
Pittsburgh Steel
Kaiser, Colorado
Armco
Inland Justice Department
Atty
Robert F. Kennedy
Roger M. Blough
U. S. Steel Board
Kennedy
Afl-Cio
George Meany
New York State
United Steelworkers
Blast Again Is Detonated at Nevada Test Site
The Atomic Energy Commission touched off another low yield underground blast at the Nevada test site. The Thursday test was the 27th in the current series and produced an explosion equivalent to not more than 20 000 tons of TNT.
MENTIONED IN THIS ARTICLE
Washington
The
Atomic Energy Commission
Nevada
Uncle Sam's Tall Hat Becomes Tax Symbol in Satire
A witty note wonders when Uncle Sam wore a tall hat and jokes he now passes it around for taxes. The quip ribbing the tax system reflects a lighthearted political moment.
MENTIONED IN THIS ARTICLE
Uncle Sam
Elizabeth Taylor Leaves Club With Tears On Burtons Forehead
Elizabeth Taylor went home alone after a night club date with Richard Burton. An onlooker said she cried and an unidentified friend escorted her to her car while Burton stayed at the table. Burton denied any forehead injury or a spat. Miss Taylor, 30, had two Yorkshire terriers. The Vatican weekly paper condemned her marital record and warned she could wander without a safe haven.
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Rome
Elizabeth Taylor
Richard Burton
Burton
Ter
Miss ‘Taylor
Eddie Fisher
Miss Taylor
Cleopatra
Vatican
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Armco Steel Corp
Inland Steel Co
Inland
Chicago
Joseph L. Block
Chicago Daily News Today
Tokyo
Keyes Beech
Daily News Foreign Service
Block
Daily News
Armee
White House
Rocky. Wagner
United Federation of Teachers 'Afl-Cio
Charles Cogen
Bulletin
By John M. Hightower
Vanik
Robert James Lauer
Oak Ridge
Tenn
Paul Stokes
Eutaw
Ala
James Duncan
Big Steel
Justice Department
Steel
Roger M. Blugh
Kennedy Blough
American Steel
US Steel
Bethlehem, Jones & Laughlin
Armco Steel
Associated Press
Tr Crane U
Eteretesgetenene Nason Peat
Oven MD Radio-Tv
Society Theater Valley News
Liz
Marc Antony
L'Osservatore Della Domenica
Sunday Observer
Mike Todd