Two Ancient Economic Issues Pop Back Into Business News
AP report notes Kennedy seeks authority to negotiate tariff cuts up to 50 percent on certain products and to open the European market. Silver prices surged with the market, NY dealer quotes rising to 1.00 and 0.98 per ounce. NYSE volume and bond sales rose with strong retail and consumer income signals. December retail sales expected 4-5 percent higher than last year. Cost of living index climbs to 128.4 in October.
MENTIONED IN THIS ARTICLE
Treasury
Congress
Kennedy
United States
New York Stock Exchange
Luther H. Hodges
Labor Department
Youths Turn Cellar Into Quiet East Harlem Clubhouse
In East Harlem youths from Puerto Rican, Black, and Native American communities convert a damp cellar into a functioning clubhouse with a homework table, reading nook, and plant boxes. They manage chores, plan plays, and pursue art away from street gangs, while avoiding police attention and relying on youth workers' guidance.
MENTIONED IN THIS ARTICLE
East Harlem
Iyo
Puerto
Aera Ma
al Capone
Local youths begin Navy basic training amid Sixth Fleet service
Six area men plus two marines are listed among new trainees and active units. David L. Elder and five others start basic training at a U.S. Naval base while John W. Andrews and James D. McDonald serve with the Sixth Fleet landing force in the Mediterranean and the Second Marine Division from Camp Lejeune, North Carolina.
MENTIONED IN THIS ARTICLE
Lance
John W. Andrews
Woodrow C. Andrews
Middletown
Pfc
James D. McDonald
Albert P. McDonald
York Ave
Sixth Fleet
Mediterranean
Second Marine Division
Camp Lejeune
N.C
Local Servicemen News from Walter Reed and Nearby Bases
Phyllis Reardon, 20, daughter of Mr and Mrs Reardon, finished an electrical course at the Warden's Army Medical Center in Washington. Philip C Ramey, son of Mr and Mrs Carlton Ramey, promoted Nov 16 to Electri cian's Mate Third Class with Patrol Squadron 9 at Alameda. Robert H Lloyd, son of Mr and Mrs Charles H Lloyd, completed basic training at Fort Jackson and is stationed at Fort Benjamin Harrison in a postal clerking course. Raymond McDaniel Jr., son of Mrs Betty Rush, finished basic training at Great Lakes Naval Training Center and serves in the gunnery department.
MENTIONED IN THIS ARTICLE
Phyllis R. Reardon
Robert Reardon
Shawnee Ave
Warden’s Army Medical Center
Washington
Philip C. Ramey
Carlton Ramey
S. Braddock St
Robert H. Lloyd
Charles H. Lloyd
Rice St
Berryville
Fort Jackson
S.C
Fort Benjamin Harrison
Ind
Raymond McDaniel
Raymond McDaniel, Jr
Betty Rush
Great Lakes Naval Training Center
Til
Automaker sales hit new highs as prices rise
Across the auto sector in November new car sales averaged 23,098 per day and production reached 164,000 in a week with total output for the month at about 650,000. Steel output slipped to 2,032,000 tons, while industry leaders expect December and January runs at high capacity. Government contracts for space exploration and can companies mark the week’s business brief.
MENTIONED IN THIS ARTICLE
North American Aviation
America Can Co
National Can Co
Also Mentioned on This Page
Jack Lefler
AP Business News
New York
Aia
Gilbert Youth Service
CUBS
Pittsurgh
Pennsylvania
Commonwealth
Great Lakes
U.S. Naval
David L. Elder
Odell Elder
Allison Ave
William S. Harris
and Harris
N. Kent St
Joseph F. Bayliss, Jr
Bayliss
Route 4
Dennis E. Carper
Harry E. Carper
East St
Lyle E. Strosnyder
Lyle P. Strosnyder
James, McDonald
Phyllis Reardon
Walter Reed
Phil Ramey
Roe Air Station
Alameda
Robert Lloyd
Raymond Immcdaniel
Galveston
Shenandoah Bottled Gas CO
E. PiccadiLly MO
Daily Crossword
Uru
Italy
Khan
Candy
College
Maude
Ireland
Fas
Fiz
Zhe
THE
Chesapeake and Potomac Telephone Company OF
Virginia
Compas
Oto
Suruck
Footers Cleaners
Amherst
Loudoun
Bel Air
Yank
Christmas Club
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