Armco price hikes confirmed by officials amid costs rise
Armco Steel Corp officials said a telegram from Gardner Ackley prompted a price increase plan to cover higher costs. The 15 cent per 100 pounds rise on cold and hot rolled sheets and strip, plus 10 cents on weekon grades, takes effect next Wednesday and adds modestly to car and refrigerator prices. Armco cites wage, material, and service cost increases and notes earnings fell 10 percent in the first half of 1966 despite slightly higher sales. The firm plans large capital expenditures for production and pollution abatement across eight states to strengthen U.S. steel and defense readiness.
MENTIONED IN THIS ARTICLE
Armco Steel Corp
Gardner Ackley
Armco
Mate
Rials and Services
Armco Steel Mill
Pittsburgh
U.S. Steel Corp
Youngstown
Inland
Jones & Laughlin
Pittsburgh Steel Co
National Steel Corp
White House
Bethlehem Steel
Leslie B. Worthington
Johnson
Inland Steel Co
Council of Economic Advisers
U.S. Steel
Comedian Lenny Bruce Dies From Narcotics Overdose
Renowned comedian Lenny Bruce was found dead at age 40 in his bathroom, with a syringe and traces of narcotics nearby. Los Angeles County coroner cites probable narcotic overdose as cause. autopsy ordered. Bruce was known for provocative social commentary.
MENTIONED IN THIS ARTICLE
Lenny Bruce
Bruce
Los Angeles County
Leonard Bruce Was A Comic Known For Controversy
Leonard Alfred Schneider born October 13 1925 Mineola New York rose from Brooklyn nightclub work to national fame in the late 1950s. His career spanned stand up nightclub acts record releases and film scripts while courting legal battles including narcotics and obscenity arrests.
MENTIONED IN THIS ARTICLE
Sally Marr
Bruce
England
Bruce Was Born
Leonard Alfred Schneider
1925
Mineola, N.Y
Brooklyn
U S Steel Announces Price Hike
U S Steel and five other producers raise prices on hot and cold rolled sheets and hot rolled strip by 3 per ton, with second grades up 2 per ton. The increases, effective Aug 10, come amid White House pressure and wage-price guideline concerns.
Senate weighs plan to end airline strike tonight
The Senate seeks quick action on a three stage compromise to force striking airline machinists back to work. Congress would order a 30 day return, then a presidential panel would mediate for 60 days, with a possible 90 day extension if no deal is reached. The plan has broad support amid United Airlines 35 000 IAM members.
MENTIONED IN THIS ARTICLE
Washington
Senate
Congress
Johnson
Jacob K. Javits
R-N.y
Mise
Everett M. Dirksen
United Airlines
Afl-Cio International Association of Machinists
Week of Vietnam War Casualties Report
The U S military says 99 Americans were killed and 534 wounded in combat last week in South Viet Nam, down from the prior week 136 dead and 578 wounded. No immediate total for missing or captured. the official year toll reaches 2,691 deaths and 4,539 since Jan 1, 1961 with 15,012 Americans listed in casualty figures.
MENTIONED IN THIS ARTICLE
Saigon
South Viet Nam
U.S
Texas Terror Like Book Did Sniper Borrow Idea
Investigators probed whether Charles Whitman read Ford Clark's The Open Square before his Texas tower shootings. Two callers to the Dallas Morning News recalled the novel’s sniper parallels as Whitman killed 15 and wounded 31 before police shot him.
MENTIONED IN THIS ARTICLE
Austin
Dallas Morning News
Whitman
Costly F111B Fails Navy Carrier Test Amid Budget Clash
The F111B naval version faces delays and weight issues as McNamara push for common design sparks renewed Senate probes. Marine Corps rejects F111 for close air support. Navy to decide after a fifth prototype evaluation due this month.
MENTIONED IN THIS ARTICLE
McNamara
Marine Corps
Congress
Navy
Washington
Senate Investigations Subcommittee
John L. McClellan
McClellan Subcommittee
Weather outlook and Navy weight controversy described
The forecast calls for fair, not too cool weather with a low near 60 and Friday’s high in the low 80s. Navy plans to use a 11 am temperature reading for a long range interceptor while Navy versions report a 78,000 pound gross weight for No 3, raising deck loading concerns on Forrestal class carriers. After a duction program a lighter foundall B reached 64,778 pounds in July, still under the Navy maximum.
MENTIONED IN THIS ARTICLE
Navy
Also Mentioned on This Page
Ann Landers
Dr. Crane
Valley News
Texas
Ted Weekes
Midwest
Weekes
New York
Defense
Robert S. McNamara
Boeing Co
Seattle
General Dynamics
Siee
Boeing
McClellan
Air Force
Marines
Grumman Aircraft Engineering Corp
Long Island
N.Y
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