Industrial output and dividends rise in 1963 year start
Automakers produced about 178 500 passenger cars, up 12 percent from the prior week and 18 percent from a year ago. Steel output rose 5 percent to 2 130 000 tons. For the first three weeks, production was 1.2 percent above last year. Stockholders received a record 16.2 billion in dividends in 1963, up 7.5 percent from 1962, with big gains in autos, oil and machinery.
MENTIONED IN THIS ARTICLE
Commerce Department
Automobile
Oil
Mainery
President Johnson touts tax cut hope amid strong 1963 economy
President Johnson promotes a quick income tax cut to boost business as GNP topped 600 billion in 1963 with projected 623 billion in 1964. Personal income per capita reached 2500 in 1968 with after tax total 500 billion. Employment exceeds 70 million with 5.5 percent unemployment. Johnson cautions high ground remains ahead and cites price-cut and overtime pay ideas. The budget calls 97.5 billion expenditure and deficit reduction, debated by Democrats and Republicans.
MENTIONED IN THIS ARTICLE
Ate
Gsi
Ument
Council of Economic Advisers
Johnson
States With Right-to-Work Laws Have Fewer Strikes
Washington AP reports Labor Department figures show states with right-to-work laws lose about half the working time to strikes compared to states without such statutes. The 1962 data cover 20 right-to-work states and 30 non right-to-work states.
MENTIONED IN THIS ARTICLE
Washington
Ie Beer Es
Ning
Labor Department
Prolabor
of Labor
John M. Z
National Council For Industrial Peace
Aflcio
Southwest
Midwest
Adlai Stevenson—discourages bid for vice presidency
United Nations ambassador Adlai E. Stevenson, the U.S. delegate, is discouraging a New Deal style push to nominate him for the Democratic vice presidency. A source in his office says Stevenson has asked supporters to stop the movement.
MENTIONED IN THIS ARTICLE
United Nations, N.Y
Adlai E. Stevenson
U.S
United Nations
Stevenson
France Plans Five Atomic Submarines
In Tarbes Admiral Adolphe Lapotier announced France intends to build five atomic missile launching submarines. He said work has progressed on a prototype and the first French atomic submarine would not be ready for service before 1968.
MENTIONED IN THIS ARTICLE
Tarbes
France
Adolphe Lepotier
Admiral Lapotier
Bott Reaches $100 Million in Home Improvement Loans
Perfect Timing Plant Michigan reports George L Bott obtained a 1500 loan from Genesee Merchants Bank and Trust Co to add two bed rooms to his home. The note was marked Paid in Full before any payments, setting a celebratory record and pushing total loans past 100 million in four years.
High Waist Look Pattern ad for teens
Printed Pattern 4751 teen sizes 10 12 14 16. Size 12 needs 2 yards 45 inch fabric. The ad offers free patterns and a spring-summer catalog with a coupon. Send NAME ADDRESS NE SIZE and STYLE NUMBER to Anne Adams Winchester Evening Star Pattern Dept New York. Contains price 35 cents plus 15 cents for first class.
MENTIONED IN THIS ARTICLE
Anne Adams
Winchester Evening Star
Pattern Dept
West 17Th St
New York
N.Y
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