Steel policy may backfire on tax collections in future
Washington officials urge steel giants to hold price lines despite rising wages and costs. A price squeeze risks reduced profits and dividends, lowering tax receipts and threatening the federal budget. Without profits, the government cannot balance its books, risking deficit finance and a weaker dollar. A sound economy and sustained profits are urged as the cure.
MENTIONED IN THIS ARTICLE
Washington
Uncle Sam
Armco
Bethlehem
Inland
Jones and Laughlin
National
Republic
United States
Youngstown
America
U. & Government
General Features Corp
Electronic highways could allow speeds above 100 mph
Assistant Secretary of Commerce William Ruder told the Outdoor Advertising Association of America that a test electronic highway may be built into the interstate system between two major cities once feasibility studies are done. He said motorists could sleep or read while traveling as the system develops.
MENTIONED IN THIS ARTICLE
Hollywood
Fla. i
Williamy Ruder
Outdoor Advertising Association of America
Building Permits This Month and Year Totals
Readable fragments show numerous building permits and contractor names across multiple streets. Notable entries include Economy Builders at 434 Line A, Widdun cor. 1615 Pattie Aer for addition. Economy Constructors on cor. Olson storage room at 263 Daisy Ave. 418,000 remodels on California Ave. Scott Construction Co. with multiple adds and remodels at various addresses. 61a Pacific Ave and 2718 Josie Ave list remodeling projects. The mix includes dwellings, additions, and remodels with various dollar figures.
MENTIONED IN THIS ARTICLE
Florenca de Simei
Widdun
Russell Ry
Olson
Daisy Ave
Gonald
Wright
Welling
Brahler
Tatlant Sweiter
Neil Grande
Walter Reasley Schilinn
Obiswd
Frank Morrgamalin
W. T. She Seg
Xareeree Aluminum — Products
G. Bulcher
Sodilion
Tense Ge
E.setettin
Bansld
J. Deantsone
Roxanne Ave
Sayras
Sairis
Henry
Ate Tower
Pacific Ave
Winward A. Osborn
Josie
1962 Profit Outlook Brightens Despite Mixed Results
Rising profits buoy outlook as 1961 through September earnings show gains for many major firms. Among 252 corporations reporting third quarter results, 81 posted declines, 11 a loss, while 236 showed nine month net income near or above last year. Analysts expect further gains into 1962 with margins improving as costs are cut and automation rises. notable names cited include American Telephone, IBM, Douglas Aircraft, Exxon, Reynolds Tobacco, General Electric, Caterpillar, and IBM.
MENTIONED IN THIS ARTICLE
Améfrican
Telephone & ‘Teleraph
International Business Machines
Douglas - Aircraft
Hegheny- Ludlum
Steel
Caerpillar Tractor
Crane
Lorilard
Reynolds Tobacco
Wrigey
Safeway
Ex-Cello-G
Scott Paper
Continental’ Can
Electrolux
Peabody Coal
3Chering
Ideal Cement
Greyhound cheaper than trains planes or driving
The piece promotes Greyhound as the most economical travel option, claiming lower costs than trains planes or personal driving. It urges choosing Greyhound to save money and mentions various cities and a few garbled figures as examples. The fragmentary text emphasizes economy and distance per dollar.
MENTIONED IN THIS ARTICLE
Greyhound
Congo U N force financing under 1962 debate
The committee will later debate financing for a Congo U N force in 1962. The item focuses on funding discussions and upcoming decisions within a United Nations context.
MENTIONED IN THIS ARTICLE
Congo
U.N
Earnings drift across Kaiser Steel and peers in period run
A rocky earnings roundup lists Kaiser Steel and numerous peers with varied quarterly and monthly figures. Stocks like American Chicle and Atlantic Refining show mixed results, while Continental players including United Electric and Sherwin-Williams report contrasting gains and losses.
MENTIONED IN THIS ARTICLE
Kaiser Steel
Mi Fac West Financial
Amo
Singer
Ertsen
Kroger
Sludensker-Pachard
Atlantic Refining
Si City
Diversey
Duval Surphur
General Cable
Northern Ever
Gull & Westard Industries
Vest
cCraw-Hill
Oie
Unsiigwear
Ste
Hafiena Bisel
Mia
Oak Mia
Ces
Barmelee Transportation
Patten
Rayal Crown Cola
Wilcox OM
Baby gives birth after crash in Rupert Idaho
Mrs Hyrum Bell of Rupert was critically hurt en route to the hospital Monday but delivered her 12th child, an 8 pound boy. Her condition improved to fair. The infant at Minidoka County Hospital was doing fine. The father was hurt and Elbert Yazzie, 19, of Heyburn Idaho was killed in the truck collision.
MENTIONED IN THIS ARTICLE
Rupert
Idaha
Hyrum Bell
Bell
Minidoka County
Elbert Yazzie
Heyburn
Idaho
Manilla Fire Kills Firebug After Torch Burns 25 Homes
In Manila a man identified as Fuliping, suffering tuberculosis, set fire to his own body and burned 25 tenement homes. Investigators said Salvador Roldan, 35, poured gasoline on his body and lit a match. He died from burns as the blaze spread through the neighborhood, leaving three children missing.
MENTIONED IN THIS ARTICLE
Manila
Fuliping
Salvador Roldan
Staple Price Trend Declines in Rice Indexes
A Associated Press report notes wholesale rice indexes across 35 communities dropped by 10.365.00 with prior day figures at 185.25. The data cover web age and various codes, including a 1960 reference and a 1026 equals F001 designation, reflecting shifts in market prices.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Markets at a Glance in New York and Chicago
Markets at a Glance report slow trading in New York with irregular declines and weak Wheat prices in Chicago. Prices show declines with small gains for some staples, noting few strong movers and overall cautious activity.
Also Mentioned on This Page
Ack & Wien
U. S
Pearl Harbor
U.S
Japan
Saturday Evening Post
Samual Eliot Morison
John Bartlow Martin
Pittsburgh University
Johnny Michelosen
Business Mirror
Sam Dawson Dusinns
Fae
Uae
Kansas
Witfalo O
Charlotte
Aca
OCEAN
Arar
Fhone Hibeie Ok
Johnnie Walker ¢ Red
Canada Day Corpor
Fane Ation
Congo Force Funds
Dow-Jones
Ty WF
Hutton & Cop
Standard & Poor Index
Standard & Poor
American Stock Exchange
ENG
Sage Dixon
M Bynam
Opden
Baully Co
Aries
Faron
Rad & Eli
Petrot
Eirth
Siavl
Pentron
Sealie Fly Tiger Aia
Angeava Anacen Ld
Ford
Phoenix Steel Polarad
Fuller
GA Powsr. & al
Agas
Devel
Rath
Reeves
Gilbert
Gilchrist i Roosevelt
Atlas Gen
Gren Goldfield
Belack
Aula
Allier
Hollinger
Seerey
Buckeye
Thera Burena
Inves
Siarretico
Barry Bly
Levi
Catalina Kratier
Wadham
Id Askad
Aberdeen
Aimiimed
Mutwal
Sb Paulual Trust
Fotly Adm
SeiNatl
Alam Pavsics
United Nations
el Tata
Hannl
Imperial Cao
Imperial
Prosestinvas
Alasiny
Pital
Fa Boston
NCE
Tard Tee Jincaro
Emif Fund
Can En Inc
Gray Incore Ing
Oppenhielmer Wak
Fatus Toiailnsiit
Philadelphia
Tee
Pine St Fe
Finnway
Aleaial
Gros Provident
Pantten
Bcur
Punam & Fo
Bascomw
Johnston
Clark
Delaware
Smaith
Eason
Sawest
Sovereign
The
Security Council
Spei
Soviet Union
Jest & How
Keystone
Cibe Treur Invest
Ieee Sg
Uiiu
Loomis
Leamis
Akanas
General Assembly
Wellington
Bund of
Wisconsin
L. J. Peterson
Fleet Divison
Sachs & Sons
California
Safar
Downey Ave
Downey
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