Steel slowdown predicted amid rising inventories and strikes
Steel Magazine foresees a six month slowdown in 1963 and a potential carryover into 1964 as buyers hold back amid large inventories and possible August work stoppages. It notes price shifts and forecasts for 1968 include raw production near 132 million tons and domestic shipments at 93 million tons, both records. The report mentions a June output pace around 2.8 million tons and ongoing strike hedges. Salt Lake City founded July 24 1847.
MENTIONED IN THIS ARTICLE
Oder
Steel
Churches Back Poor People's Campaign Donations Surge
The Poor People's Campaign led by SCLC receives its strongest support from white and Negro churches with large monetary gifts and shelter space in Washington. Officials report unclear finances and rising costs for Resurrection City's encampment as about 2,200 residents remain, 90 percent of whom are Black, with others including Mexican Americans Indians and Appalachian whites outside. Cash gifts range from a quarter to 5000 from individuals and unions like Retail Wholesale and Department Store Union pledging 20000, while USDA provides over 15000 pounds of surplus food items.
MENTIONED IN THIS ARTICLE
Washington
Poor People’s Campaign
Southern Christian Leadership Conference
Resurrection City
Ralph David Abernathy
SCLC
U.S. Department of Agriculture
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