Schluter Gets Seven-Year Suspended Sentence in Thermoid Case
Frederick Schluter, former Thermoid Co. chairman and president, was given a seven-year suspended sentence and a $40,000 fine for allegedly falsifying Thermoid financial records and conspiring to evade taxes for 1951 to 1953. He must divest Thermoid stock by April 30 and was placed on five years of probation. Two other defendants, George Faber and Robert Stevenson, received suspended sentences. no fine on the company.
MENTIONED IN THIS ARTICLE
New York
Frederick Schluter
Thermoid Co
Trenton
N.J
Alexander Bicks
Schluter
New York Stock Exchange
Bicks
Bick
George 8. Faber
Matthews
N.C
Robert R. Stevenson
Bronxivile
N.Y
North and South Carolina Weather Forecast Summary
North Carolina expects generally fair and warmer conditions this afternoon with highs in the 60s inland and upper 60s to 70s in the mountains. Tonight shows frost in the interior with lows around 22 in the mountains and 34 to 42 elsewhere. South Carolina remains mostly fair and cooler tonight with frost possible, then partly cloudy and mild Thursday. Extended outlook notes near normal temperatures, rainfall through Monday, and brief light showers late in the period. Georgia and South Carolina expect near normal temperatures with occasional light showers near the end of the period.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
la Piedad al Ae Coastal Plain
Georgia
Twining Nominated for Joint Chiefs Chair by Eisenhower
Nathan F. Twining the Air Force general was named by President Eisenhower to head the Joint Chiefs of Staff. White-haired and affable he is regarded as a strong supporter of Air Force pre-eminence and a capable officer. Senate approval was expected to be a formality.
MENTIONED IN THIS ARTICLE
Vern Haugland
Washington
Nathan F. Twining
Air Force
Joint Chiefs of Staff
Department of Defense
Defense
Twining
Hoyt S. Vandenberg Twining
Joint Chiefs
Eisenhower
Senate
West Point
Textile Industry May Pull Out Of Slump After Easter
New York reports a possible end to the textile sector downturn with industry leaders optimistic that the cycle may shift upward after Easter. They cite lower prices and production drops, while merchants brace for potential further price cuts and cautious ordering amid imports and overproduction concerns.
MENTIONED IN THIS ARTICLE
New York
New England
House Planning Funds Approved for Kinston Project
Washington The Public Housing Administration approved 20000 in planning funds for Kinston North Carolina to add 100 low rent units and end slum blight. Federal Housing Administrator Albert Cole cited the workable plan submitted by Kinston and an aide to Senator Scott noted the city now has 544 dwellings under federal programs.
MENTIONED IN THIS ARTICLE
Washington
Public Housing Administration
Kinston
N.C
Albert Cole
Sen
Scott
D-Nc
Also Mentioned on This Page
U.S
Arnold G. Frai
Mr. Schluter
Fraiman
the and Thermoid
Nephi
Utah
Huntington
U.S. Weather Bureau Dept. of Commoerce
Weather Bureau
Ohio
Ippi
Florida
Kansas
Rio Grande Valley
13Th Air Force
South Pacific
15Th Air Force
Italy
Tras
E. Washington ST
Japan
Charlotte
Official Weather Bureau Bureau
Atlanta
Seeene Eter
Birmingham
Boston
Columbia
Denver
Detroit
Evansville
Galveston
Greenville
High Point
Jacksonville
Little Rock
Los Angeles
Memphis
Meridian
Miami
Mobile
Myrtle Beach
New Orleans
Raleigh
San Antonio
San Francisco
Tampa
Wilmington
George D. Davis
C.L.A
George P. Clark
N. Main
East Commerce Street
Winston-Salem
North Cherry Street
Greensboro
North Elm Street
Asheville
Concord
Durham
Gastonia
Salisbury
Harllee
Gabardine
Halo
Boucle
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