Business Outlook Fades in First Half of 1961 Slow Start
AP report notes a weak start to the 1961 second half as Fourth of July slack and auto model changes cut output. Car production down 28.2 percent from 1960’s first half. June output 86,000, with 2.74 million cars built year-to-date. Unemployment peaks at 5.6 million in June. shipping stabilizes after strikes. forecasts call for a rebound by August and September pending no auto strike.
MENTIONED IN THIS ARTICLE
Automobile Companies
United Auto Workers Union
National Securities & Research Corp
Federal Reserve Board
One William Street Fund, Inc
Acae
Stock Exchange
Iron and Steel
Armco Steel Corp
Commerce Department
Yugoslavia Seeks Markets in Newly Independent Countries
Belgrade reports Yugoslavia while maintaining neutralist policy pursues export markets in recently independent nations. Between 1959 and 1960 it granted over 125 million dollars in credits to Africa and Asia, while the U S loaned about 117 million for Yugoslav industrial equipment. Western loans aided Tito’s currency reform. Yugoslavia aims to boost home production and sell heavy goods abroad on longer terms, with negotiations continuing through parliament on financing terms.
MENTIONED IN THIS ARTICLE
Belgrade
Yugoslavia
United States
Tito
Italy
Germany
Austria
Baby Elephant Kita Improves After Swallowing Ball
DETROIT AP Kita the baby elephant at the Detroit Zoo improved after swallowing a rubber ball and becoming ill. caretakers fed her two gallons of oat yeast sugar honey and liver protein as she began eating again for the first time since the incident. She resumed playing and danced in her den, a sign of lingering vitality according to keeper Appelhof.
MENTIONED IN THIS ARTICLE
Detroit
Kita
Fen's Zoo Thursda
Appelhof
Bank Displays Old Currency In Berryville
A display of Colonial Revolutionary era currency from the Federal Reserve Bank of Richmond is shown at First National Bank Berryville. The six panel exhibit features Continental Congress notes, obsolete and broken bank notes, United States notes, Chittenden and Spinner notes, National Bank large size notes, Educational Series Silver Certificates, National Gold Bank notes of California, and fractional currency. The lobby exhibit runs through Saturday with J R Boschen commenting on its collection and educational value.
MENTIONED IN THIS ARTICLE
First National Bank
J. R. Boschen
Federal Reserve Bank of Richmond
Continental Congress
United States
National Gold Bank
California
Red Cross Annual Meeting Set July 17
The Winchester Frederick Chapter will hold its annual meeting on July 17 at 7 30 p m at the George Washington Hotel. Officers and directors for the coming year will be elected. Voting members include anyone who contributed $1 or more to the spring drive and may attend and vote.
MENTIONED IN THIS ARTICLE
Red Cross
Winchester - Frederick
Konzen Family News at Akron City Hospital
Akron report notes Dr John Konzen and wife Dr Claudette Konzen tied to University of Akron medical study. Their infant born last August as Mrs Konzen paused career post graduation to care for child while Dr Konzen continued post graduate work.
MENTIONED IN THIS ARTICLE
Akron, Ohio
Konzen
Akron City Hospital
John Konzen
Claudette Konzen
Shinplasters and emergency currencies in wartime economies
After the Civil War coins vanished from circulation as hoarded shinplasters. World War II veterans in Europe and North Africa received emergency currency. Hawaii issued fence relief money after Pearl Harbor attack.
MENTIONED IN THIS ARTICLE
Europe
North Africa
Hawaii
Pearl Harbor
Also Mentioned on This Page
By Jack Lefler
AP Business News
Flying Tiger Line
Berryville
Call Smalts, Florists. Inc
Welch
Safeway
Nashville, Tenn
James Hunnicutt
Enti
Shenandoah Valley National Bank
Federal Deposit Insurance Corporation
Locke’s Mill
Robert Jenkins
Paper Mill Road
Shenandoah
Front Royal
E. Blackburn Moore
House of Delegates
Patsy Jenkins
Berryeville