Steel Official Defends Steel Price Against Inflation Fear
Blough of United States Steel Corp testified before the Senate Antitrust subcommittee that the July 1 price rise was not inflationary. He argued steel is cheap, a minority market share, and wage costs rose but were offset by other factors.
MENTIONED IN THIS ARTICLE
Blough
United States Steel Corp
Senate Antitrust
U.S. Steel
Ewan Clague
U. S. Commissioner of Labor Statistics
U. S. Steel
Kefavuer
D-Tenn
Steel Corporation
United Steelworkers
Dan River Mills Reports Six Month Sales at $82 Million
Dan River Mills Inc. president W. J. Erwin announced consolidated net sales of $82,220,320 for the six months ending June 29, including subsidiaries acquired in Aug. 1956. Earnings after taxes totaled $2,615,949 for the same period, versus $49,402,735 and $2,007,462 in the prior six months.
MENTIONED IN THIS ARTICLE
Danville
Dan River Mills Inc
W. J. Erwin
Lord Mayor and Wife Ease Up Jamestown Tour
Sir Cullum and Lady Welch wrap up a whirlwind visit to Jamestown and Williamsburg as they prepare a luncheon with Williams burg City Council and a tea at the College of William and Mary hosted by President Alvin Duke Chandler and Mrs Chandler.
MENTIONED IN THIS ARTICLE
Williamsburg
London
Jamestown
Richmond
Sir Cullum
Lady Welch
Alvin Duke Chandler
College of William and Mary
Cullum
Jamestown Festival Park
Six Month Earnings Slip to 56 Cents Per Share
For the six month period ended June 29 1957 earnings per share dropped to 56 cents from 69 cents in the same period last year. The comparison highlights reduced profitability and margin pressure for the period.
Mamie Eisenhower’s doctors pleased with progress after operation
The White House said Mrs Dwight D Eisenhower's doctors continue to be pleased with her progress since a Tuesday operation at Walter Reed Army Hospital. Maj Gen Howard M Snyder reported she slept through most of the night with few interruptions following the two hour gynecological procedure for a benign condition.
MENTIONED IN THIS ARTICLE
Washington
White House
Dwight D. Eisenhower
James C. Hagerty
Howard M. Snyder
Walter Reed Army Hospital
Carnegie Hall to be demolished for new office tower
New York reports that Carnegie Hall will be torn down in 1959 to make way for a 44 story red paneled office building. Louis J. Glickman paid five million dollars last year for the Hall, which was built by Andrew Carnegie in 1891 and long a music world mecca.
MENTIONED IN THIS ARTICLE
New York
Carnegie Hall
Louis J. Glickman
Andrew Carnegie
French cabinet imposes spending curbs to cut deficit
Paris cabinet in emergency session set a 15 percent deficit target by capping spending after finance minister Felix Gaillard forced a budget of about 15 billion dollars. He warned he would resign to avoid a government crash amid France's vacation period.
MENTIONED IN THIS ARTICLE
Parisp
Felix Gaillard
Gaillard
France
Maurice Bourges-Maunory
Defense
Andrew Morice
French plan cuts service time to aid Algeria drive
Morice announces a reform shortening 18 month enlistments to at most 24 months in order to save overtime bonuses and free about 130,000 men for home production. The curtailment does not reduce Algeria forces where over 400,000 troops remain deployed against rebels.
MENTIONED IN THIS ARTICLE
Algeria
Morice
Also Mentioned on This Page
Joe Hall
Roger
Miller's Hardware
N. Loudoun St
Cammer Tire Company
Atlantic City
John Cammer
Lemons
California
Ressive Food Stores
Daapereurr
Seiberling
General Electric
General Electric Electric Iron
S. Braddock
Sunbeam
Jor
Cammer Tire CO
Boye| Brown
Winchester Brand Creamery
Pepsi-Cola
Eel Ie
Baby Foods
Asright’s
Sas
Dan River Head
Gyre
Janitrol
Rae See Et
Laanioak
S. Loudoun ST
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