GNP as Economic Gauge and 1970 Outlook
Overview of GNP as a measure of national economic activity and its limitations. Cites 1969 US and Japan growth, notes inflation impact, and projects a 1970 GNP beyond one trillion dollars with inflation ongoing. Includes ad for Roger Spear investing guide.
MENTIONED IN THIS ARTICLE
U. S. Department of Commerce
United States
Japan
U.S. Dept. of Commerce
Roger Spear
Roger E. Spear
Middletown Journal
Grand Central Station
New York
N. Y
Akron man among two fishermen drowned in Kanawha River
An Akron resident was identified among two fishermen who drowned when their 12 foot boat capsized on the Lit tle Kanawha River about two miles north of Elizabeth West Virginia over the weekend. The body of Kenneth Hig was recovered while the second victim remained missing.
MENTIONED IN THIS ARTICLE
Akron, Ohio
Little
Kanawha River
Here
Kenneth Hig
Strikes Halt Steel Deliveries Amid Industry Strain
Cleveland AP report notes strikes cost the nation 1.5 million net tons of steel shipments and halt 150000 tons weekly, with Industry Week forecasting a June-July rebound. Teamster drivers’ return boosts some mills 30 percent, barges move steel, some railcars repurposed to ease gondola shortages. Raw steel production steadied at 2,618,000 net tons, matching prior week, toward 136 million annualized versus 141.3 million last year. Scrap price index rose to 42.67 cents.
MENTIONED IN THIS ARTICLE
Cleveland, Ohio
Industry Week
Midwest
New York Stocks and Markets Report at Eleven
Stocks and markets show varied quotes with many names listed including Allied Stores American Airlines American Home Products and IBM amid a broad quotation sheet. The Middletown securities section notes First Bank Group and First National Bank with bulls active and market tones steady to mixed.
MENTIONED IN THIS ARTICLE
Admiral Maesee
Aeronca
Allied Stores
Chrysler
Colt Industries
Ssscoes
Dayton Power & Light
Deere Continental Can
Curtie Wright
Caression
Ees Eastman Peeerereseconecere
Firestone
Concvss
Eeveececece
Ecowescuce
General Dynamics
Southern Rails
Columbia G & E Ceesceeveee
Commonwealth Edison
Cece Consolidated Edison
Ceevees Diamond Intl
Llecce
McDonnell Douglas
Eecees
Dow Chemical
Hilton
Hoover
Southern Pacific
Sperry Rand
Ol Nyak
Iccscencae
Xerox Reneence Zenith
DuPont International
Wesesece
Standard Oil
Ohio
Cavepeee
Tenneco
Texaco
Pevesevesevesese Textron
A. S. Steel
S. Plywood
SiaMtineraine
White Motors Wickes Oaeee
Woolworth Eee
Kennecott Stone Container
Ereerecceee
Studebaker
Sevesensoesevess
Mvbibek Vee Beccactneves
Pitney Bowes Pocorecccces
Union Carbide
Slaughter Cattle Prices Mixed With Calves Steady
Cattle 1200 head with calves 150. slaughter steers and heifers steady to 50 lower. cows only moderately active, steady.
Egg and poultry price ranges in Ohio markets report
Ohio report lists packing plant egg prices for large medium and small carton sizes with U S grades and consumer grades. Retail carton prices in major Ohio cities show large cartons around 40 to 51 cents, medium 34 cents, with farm poultry prices for fryers and hens and potato prices noted.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
Ohio
U. S
Indiana
Airline Ground Strike at National Ends After 108 Days
The 108 day strike by National Airlines ground personnel ends after a breached agreement. Station agents ramp agents reservations and clerical staff had protested since January 31 seeking higher pay and benefits equal to machinists. Airline operations had been halted during the stoppage.
MENTIONED IN THIS ARTICLE
Washington
National Airlines
Labor Department
Air
LTV reshuffles top leadership in major restructuring
Ling-Temco-Vought Inc. replaces James Ling as board chairman with Robert Stewart III and names Ling president as Clyde Sheen resigns. The changes aim to streamline operations and cut the board to 14. DOJ antitrust push persists with a June 1 hearing in Pittsburgh.
MENTIONED IN THIS ARTICLE
Dallas
U.S. Justice Department
LTV
Jones & Laughlin Steel Corp
Braniff Airways
Okonite Co
Louis Rosenberg
Pittsburgh
Colorado River Movie Shown at Civitan Club Noon Meeting
Walt Spindler will present a film on Colorado River rapid shooting at the Civitan Club noon gathering at Clock Restaurant. Joe McDermott and George Knapp report on the Ohio district convention in Findlay where Knapp earned praise for district membership work and 10 years of perfect attendance. Buckwald also received six years of perfect attendance honors.
MENTIONED IN THIS ARTICLE
Colorado River
Walt Spindler
Civitan Club
Joe McDermott
George Knapp
Findlay
Knapp
George Buckwald
Picket Lines Observed By Visiting Juniors
Report notes that members of other unions observed the strikers' picket lines during the morning shift.
Missing Persons Recovered In Basin Search
Igins, 41, Akron, and Oren Foutty, 63, Elizabeth, W Va, were recovered Sunday.
MENTIONED IN THIS ARTICLE
Igins
Akron
Oren Foutty
Elizabeth
W. Va
Stock Market Bad Predictor But Recession Believed Here
Washington observers say the stock market misreads economic trends as economists privately foresee a shallow recession. Analysts cite a likely 5 to 10 percent profit drop from last year’s record, with most predicting recovery by summer or fall.
MENTIONED IN THIS ARTICLE
Sterling F. Green
Washington
Paul Samuelson
Massachusetts
Institute of Technology
Samuelson
Wall Street
Cambodia
Also Mentioned on This Page
Elizabeth, W. Va
Hayden-Stone Inc
Mutual Funds
George Putnam
Dreyfus Fund
Wee
Wellington Bal
Fidelity Trend Re
Mass. Inv. Gr. Stock
Washington Mutual
Puritan Fund
Channing Special Eee
Manhattan Fund Teeee
Inv. Co. Amer
Sense
American Express Cap
Cincinnati Livestock
Herbert Stein
President's Council of Economic Advisers
U.S
Stic
Saou de
Tonte
Lawson
Lam
Manchester RD
Wit LB
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