Blough Says U S Steel Profits, No Price Hike Plan
Roger M Blough chairman of United States Steel Corp says the firm will not pursue a major price increase now to fund plant upgrades after reporting January March profits of 55.8 million. He notes no expansion cash and discusses cutting costs while sustaining dividend obligations and debt repayment. He also suggests potential depreciation relief from government.
MENTIONED IN THIS ARTICLE
NEW York
Roger M. Blough
U.S. Steel Corp
Blough
U.S. Steel
Kennedy
Year of the big pay-off for missiles says general
General Thomas P. Gerrity, head of the Air Force ballistic missiles program, predicts 1962 as the year of the big pay-off in ICBM development and availability. He states the U S will triple its operational ICBM force this year and again by 1965, noting the United States closed the gap with the Soviet Union within a decade.
MENTIONED IN THIS ARTICLE
New York
Thomas P. Gerrity
Air Force Ballistic Missiles Program
Overseas Press Club
United States
Soviet Union
Inland Steel Board Sees Cost-Price Imbalance Need
Inland Steel chairman Joseph L. Block told stockholders that steel costs and prices must be corrected over time and productivity gains may justify current price policies. He cited earnings on invested capital and noted wage-cost increases in the latest agreement. First quarter earnings reached 16,639,062 dollars, with sales at 214,437,184 dollars, up from last year but below 1960.
MENTIONED IN THIS ARTICLE
United States Steel
Blough
Chicago
Inland Steel Co
Joseph L. Block
A Smart Person Not All Thumbs
A New York AP column highlights curious facts linking intelligence and manual dexterity, notes on driving safety and accidents, daily health figures, Shakespeare versus Lincoln tastes, future flight speeds, brain versus liver size, urbanization trends, currency production, and quirky quotes. It rounds with a Navajo isolation note, spring and autumn mind function, a jest about bikini humor, diamonds, scorpions for income, July Fourth presidents, hope and happiness, and a fireman's long pause between alarms.
MENTIONED IN THIS ARTICLE
New York
Baker Colleges To Aid Needy Kansas City Students
Kansas City boards enlist 11 colleges in Missouri and Kansas to fund aid for capable students without funds. Supplemental scholarships total 30k to 40k over four years, plus NDEA loans and part time jobs. A four year, 480k grant from local foundations funds the effort. about 50 graduates may receive aid, many becoming nonwhite. Institutions include University of Kansas City, University of Kansas, University of Missouri, Lincoln University, Baker University, Rockhurst, National College, Park College, William Jewell, St Benedicts, and Kansas State College.
MENTIONED IN THIS ARTICLE
Kansas City
Kansas City Board of Education
Missouri
Kansas
Board of Education
Kansas City Association of Trusts and Foundations
Robert Wheeler
Kansas City High
University of Kansas City
University of Kansas
University of Missouri
Lincoln University
Jefferson City
Baker University
Baldwin
Rockhurst College
National College
Park College
Parkeville
William Jewell College
Liberty
St. Benedicts College
Atchison
Kansas State College
Pittsburg
Also Mentioned on This Page
Kalwetoky
Caroline IS
Marshall
Gilbert
Solomon IS
Honolulu
Christmas Island
Equator
Christmas
Johnston Islands
Pacific
U.S
Roger Blough
Price
White House
Pension and Profit Sharing Plan
Richardson
S. Hickory
Hovestons Syndicate Life Wnference and Annuity Company
Sone
Diversified Services, Inc
Dean Berlin
Peoples National
Bank of Ottawa
Abraham Lincoln
U.S. Bureau of Engraving and Printing
Eskimos
Charles A. Richmond
John Adams
Thomas Jefferson
James Monroe
Baker Among Colleges
Wheeler
Chevrolet Dealers
America
Chevrolet
Fisher
National Automobile Dealera Association
Car Life Magazine
South Main St
Ottawa
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