Business Pulls Through With Cautious Optimism Says Retail Confab
J Gordon Dakins told Southern Retail Furniture Association members that the current pause is a temporary readjustment. He predicted 1958 would be a year of rolling readjustment leading to new heights, driven by aggressive selling, promotions, and attracting college graduates to the retail trades.
MENTIONED IN THIS ARTICLE
Tional Retail Merchants Assn
Dowdy
J. T. Ryan
The
Southern Furniture Manufacturers Assn
Dakins
Harold M. Short
Robert L. Weathers
Charlotte
Willis
Alderman Studios
J. Gordon Dakins
Southern Retail Furniture Association
National Retail Merchants Association
Combinaton
Ing
Dakins Areiaien
Klansman Convicted By Indian Judge In North Carolina Rally
James Garland Martin of Reidsville was found guilty of carrying a concealed weapon and public drunkenness after a KKK rally near Maxton. Indian judge Lacy Manor suspended a 60 day term with a $60 fine. A riot indictment loomed for Rev. James Cole, who posted $1,000 bond.
MENTIONED IN THIS ARTICLE
Lumberton
N.C
Here
Recorder's Court
Lacy Manor
Kilansman
James Garland Martin
Reidsville
Maxton
Ofer
Martin
Klan
James Cole
Marion
S.C
Free Will Baptist
W. B. Britt
Marion County
J. Leon Gasque
Lady Teacher Admits Men Are Better Drivers
Cathy Cin ders, a female driving instructor in Los Angeles, argues men are better drivers due to confidence. She concedes women may learn more easily but claims men react faster and handle emergencies better, while women may be overly cautious on the road.
MENTIONED IN THIS ARTICLE
Los Angeles
Cathy Cinders
Cathy
Okefinokee Swamp
Rioting in Caracas Leaves Dozens Dead and Curfew Imposed
Caracas faced dusk to dawn curfew as government troops were ordered to fire on violators amid a general strike and street fighting. Reports say 20 killed and 100 wounded, with 1,000 arrested. 40,000 Americans in Venezuela. Local unrest spread to Los Teques, Valencia and Pueblo Nuevo.
MENTIONED IN THIS ARTICLE
Caracas
Venezuela
Washington
U.S. State Department
U.S
Marcos Perez Jimenez
Air Force
Interior Ministry
Los Teques
Valencia
Pueblo Nuevo
Discount Rate Cut Boosts Business and Stocks
Federal Reserve Board approves lowering the Philadelphia district discount rate from 3 to 2 percent, easing money for banks and likely spurring corporate loans and plant expansion. Chase Manhattan cuts prime rate. Wall Street mostly optimistic though some doubt the 2 percent target. Analysts cite easier money as a driver for business growth.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Philadelphia Reserve Bank
Pacific Coast Stock Exchange
San Francisco
Op N
Federal Reserve
Federal Reserve Banks
New York
Chase Manhattan
Wall Street
Bache & Co
Es Zelemek
Gerald Loeb
E. F. Hutton
Five Men Cleared In Flogging Case At Greenville
In Greenville County, five of 11 white men accused in the beating of Claud Cruell, a Black deacon, were dismissed as the state finished its case. The court also directed a not guilty verdict for assault and battery against one defendant with remaining charges dropped.
MENTIONED IN THIS ARTICLE
Greenville
General Sessions Court
James M. Brailsford Jr
Ku Klux Klan
Houston H. Quinn
Lewis L. Boswell
James Walter Johnson
B. F. Davis
James Curtis Bolling
Quinn
Charles
Andrew Marshall Rochester
Wade Henry Howard
R. J. Roach
Johnny Frank Quinn
Robert E. Waldrop
Jack Bentley
Greenville County
Claud Cruell
Travelers Rest
Here
Fannie
Cruells
Sherwood Turner
Cruell
Harold C. Fortson
South Carolina
Eisenhower Sends Dulles to Middle East for Defense Accord
President Eisenhower dispatches Secretary Dulles to the Middle East with a pledge of unwavering support for Baghdad Pact defense principles. Dulles will attend a five power Baghdad Pact meeting in Ankara as an observer and states the region faces a Communist threat.
MENTIONED IN THIS ARTICLE
Dulles
Middle East
Eisenhower
Ankara
Turkey
United States
Eisenhower Dulles
Middle Eastern
Bank Robbery In Greensboro Seeks Suspect
Police search for a lone gunman after a Bank of Greensboro branch robbery that netted $29 874. A green 1955 Oldsmobile found abandoned near downtown Greensboro is tied to the crime as fingerprints are being processed and roadblocks set.
MENTIONED IN THIS ARTICLE
Greensboro
Bank of Greensboro
Summit Avenue
Federal
Oay
State Highway Patrol
North State Chevrollet Co
Page Five
Compulsory Bank Vacations Urged in North Carolina
Raleigh state banking commissioner Ben R Roberts proposed a regulation requiring all officers and employees of state banks to take annual vacations. The plan aims to reveal shortages quicker by ensuring staff absence. He also urged tighter rules to register hip pocket money lenders operating without offices.
MENTIONED IN THIS ARTICLE
Raleigh
Ben R. Roberts
Roberts
State Banking Commission
North Carolina
Cold weather moves in as rain ends in state
A few mountain snow flurries in North Carolina ended a 24 hour period of rain. The end of the fall brings cooler weather and brisk winds across the state with temperatures expected to drop tonight and may linger tomorrow. Record highs and lows for the period include Asheville 56 33 Raleigh 61 42 Charlotte 60 39 Greensboro 58 38 Wilmington 61 48. Rainfall totals were Asheville 0.23 inch Charlotte 0.32 Greensboro 0.38 Raleigh 0.22 Wilmington 0.anne
MENTIONED IN THIS ARTICLE
North Carolina
Tar Heel
Mississippi Valley
Asheville
Charlotte
Raleigh
Greensboro
Wilmington
Wilmington Anne
Cuba aims to be world’s largest gambling center
Havana is bidding to position Cuba as the globe’s top gambling hub with millions poured into new hotels and casinos. Americans fund and exploit sites from Oriental Park to the Havana Hilton and Riviera. Casino control is run by operators from multiple U.S. cities.
MENTIONED IN THIS ARTICLE
Cuba
Havana
Oriental Park Racetrack
Marianao
Hotel Plaza
Deauville and
Barlovento
Riviera
Capri
Las Vegas
Detroit
Chicago
Los Angeles
Cleveland
Cincinnati
Washington
New York
Miami
U.S
Kansas City Area Digging Out After Blizzard
Kansas City and surrounding counties wrestle with 15 inches of snow the worst storm in 46 years. The blizzard killed 17 across Kansas Missouri Iowa and Illinois as it moved northeast. Roads blocked by drifts up to six feet and five highways shut as schools and plants closed.
MENTIONED IN THIS ARTICLE
Kansas City
Kansas
Missouri
Iowa
Ilinois
Illinois
Wisconsin
Great Lakes
Missouri-Kansas
Butler
Topeka
Royo
Normis
Odessa
U.S. 36
U.S. 24
U.S. 40
U.S. 50
U.S. 71
Also Mentioned on This Page
Ben J. Willis
Norfolk, Va
Cavalier
George W. Dowdy
Reece
High Point
Kivett Drive
Bill Jackson
Associated Press
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