Railroad Industry Is Shaky and on the Brink of Mergers
The embattled U S rail industry finished 1961 in its weakest profit year in 15 years with 390 million estimated net income, down from 1960. Merger talks among eastern lines are seen as key to private survival, with Pennsy and Central at the core and regulators a looming hurdle.
MENTIONED IN THIS ARTICLE
New York
UPI
Association of American Railroads
AAR
Railway Age
Pennsylvania
New York Central
Central
Pennsy
Chesapeake and Ohio
Baltimore and Ohio
Norfolk & Western
Rergelf
Ene Lackawanna
Consolidated Company
Atlantic Coast Line
Seaboard Air Line
Great Northern
Northern Pacific
Chicago
Burlington and Quincy
Norfolk and Western
Wabash
Nickel Plate
Interstate Commerce Commission
Justice Department
Southern Pacific
Santa Fe
Western Pacific
Congress
Kennedy
Controversial JFK agenda 1962 includes social security care plan
Palm Beach report outlines Kennedy push for medical care for the aged financed by Social Security and federal aid to education while seeking bipar tisan support for trade liberalization and a new cabinet department for urban affairs and housing. The piece notes his self described progressive program and plans tied to the State of the Union and fiscal 1963 budget.
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Congress
West
Soviet Russia
Red China
Albania
Moscow
Llewellyn Thompson
Berlin
Southeast Asia
America
Cuba
Kennedy
John Birch Society
American Minutemen
U.S
U.N
Birch Society
Rtch Society
Turning Point Hopes Shape 1962 East West Ties
London diplomats see 1962 as a turning point for East West relations with Berlin talks and Khrushchev’s stance likely shaping broader Cold War negotiations. France’s Algeria conflict and economic recovery under Gaullist policy loom large while Pope John XXIII calls for the ecumenical council and Latin conduct. Philippine leader Macapagal aims for emergency social and economic legislation echoing a New Deal.
MENTIONED IN THIS ARTICLE
London
United States
Berlin
Russia
Khrushchev
Phiippine
Diosdado Macapagal
Funeral services for ex lawman J Loewe in Tucson
Funeral services were pending today for J Loewe 78 a former Nogales area law officer who died at Elks Hospital in Tucson He served on the Nogales police force in the US Marshal's office and as Santa Cruz County sheriff He is survived by six children His wife had died years ago The obituary notes his long career and residence in the Nogales area over 51 years.
MENTIONED IN THIS ARTICLE
Tucson
J. Loewe
Nogales
Santa Cruz County
Lowe Ils
Steel Industry Outlook Bright For New Year
Pittsburgh report notes 1961 production at 98 million tons and 1962 may reach 105 to 115 million. Labor talks loom as United Steelworkers press 32 hour week without pay cuts, while U S Steel and Roger Blough warn of risks. Industry foresees production surge early 1962 and higher earnings after declines in 1961.
MENTIONED IN THIS ARTICLE
United Steel Workers of America
David J. McDonald
United Steelworkers of America
United States Steel Corporation
R. Conrad Cooper
McDonald
Steel Industry
U.S Steel Board
Roger M. Blough
New York
Blough
Iron Age Magazine
U.S. Steel
Inland Steel
Kaiser Steel
New Comic Strip Oscar Begins In Scottsdale Progress
The Scottsdale Progress features a new daily comic strip Oscar by Dave Rusch. Meet Oscar and Agnes and the supporting family including Oliver Bernice and Grandfather as the strip debuts on page 8.
MENTIONED IN THIS ARTICLE
Oscar
Dave Rusch
Scottsdale
Agnes
Oliver
I.Q
Bernice
Grandfather
Dave
David Robert
Rusch
Thieves Enter Booby Rydel Hotel Room in Hollywood
Police searched today for thieves who entered the hotel room of singer Booby Rydel and took jewelry and other valuables worth 1725 dollars. Rydel, 19, said he was conferring with his manager and a producer Saturday when the theft occurred at the hotel.
MENTIONED IN THIS ARTICLE
Hollywood
UPI
Booby Rydel
Rydell
Philippine general named acting chief of staff
Manila reports Major General Pelagio Cruz wartime guerrilla fighter was appointed acting chief of staff of the Philippines armed forces by President Diosdado Macapagal.
MENTIONED IN THIS ARTICLE
Manila
UPI
Pelagio Cruz
The
Philippines Armed Forces
Diosdado Macapagal
Population Rise in United States for 1962
The United States starts 1962 with an estimated population of 185,235,000, including about 750,000 service members overseas, up 2,978,000 since the previous New Year.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
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