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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Oct 17, 1962
Page
3
Americans saw no September rise in personal income from August, the first eight month pause since a downturn. The report notes wage and salary declines in manufacturing and a slip in government payrolls, linking income stagnation to weaker retail sales and slower employment gains, while the annual rate remains a high 443 billion.
The report shows wage and salary drops offset by higher income from dividends and government benefits. Manufacturing payrolls fell despite longer work weeks in several industries. The figures reflect seasonal economic patterns and are presented as the best available estimate.
Baltimore jurist W Calvin Chesnut aged 89 died Tuesday after a long career as a federal judge. Appointed in 1931 he remained active on the bench until his death, marking a lengthy tenure in the U S District Court in Baltimore.
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