Bankers Told To Exercise Caution At Annual Meeting
North Carolina bankers opened the 57th annual convention in Pinehurst with warnings that the nation’s business boom may be ending. President Jonathan Woody of Waynesville urged caution, noted possible slower banking growth, and backed Charlotte’s Saturday banking closure as a forward step. Bishop Arthur J. Moore warned of paganism’s undertow, while John P. Stedman of Lumberton became president and Edwin Pate of Laurel Hill was named first vice president.
MENTIONED IN THIS ARTICLE
Pinehurst
N. C
North Carolina
Jonathan Woody
Waynesville
State Bankers Association
Woody
Charlotte
Arthur J. Moore
Atlanta
Methodist College of Bishops
John P. Stedman
Lumberton
Edwin Pate
Laurel Hill
John G. Mitchell
Arrenton
E. C. Thompson
Warsaw
Joseph H. Wolfe
Raleigh
James H. Pou Bailey
Wyatt R. Aydrett
Elizabeth City
Leroy Arnold
Kinston
J. M. Seegar
Winston-Salem
John Covington Jr
Rockingham
G. N. Henson Jr
Gastonia
Young Pully
Rocky Mount
J. Scott Osborne
Morganton
Caudle Recounts Duck Hunt and Grand Jury Tales
Caudle recounted a cautious duck hunting trip the day after a Nashville Bar Association dinner in December 1949. He described uncomfortable gear, a soggy boat ride, and a Memphis stop before flying to Washington. He discussed talks with Hooker at Miami Beach and interactions with McGrath, Ford, Morison, and others surrounding the grand jury appearance and tax case rumors.
MENTIONED IN THIS ARTICLE
Nashville
Caudle
Nashville Bar Association
Memphis
Washington
Hooker
Miami Beach
Fla
Howard McGrath
Ward Hudgens
U. S
Seth Walker
McGrath
Peyton Ford
Ford
Tn Graham Morison
Anti-Trust
Grand Jury
Isadore
Alford
Department
Morison
Keating
Caudie
Ice Cube Robbery in Butte Tavern
Thieves swapped ice cubes for cash at a Butte tavern, taking $18 from the register and filling it with ice. The sheriff invited the culprits to face punishment in the county cooler.
MENTIONED IN THIS ARTICLE
Butte, Mont
Butte
Allies Eager to Talk Over Differences
Ally nations weigh outcomes of Eisenhower calls for a Western front unity in Korea while Britain and France push for a meeting that may include the Soviet Union. West Germany advances European army pact. Tito pledges loyalty to the West. Truce talks in Korea stall amid UN and Communist deadlock. France faces government collapse but attends Bermuda talks. Africa sees unrest as Egypt, Nigeria, Kenya face clashes and unrest.
MENTIONED IN THIS ARTICLE
Britain
France
Eisen
Atlantic
Korea
Washington
London
Paris
Italy
Belgium
Netherlands
Luxembourg
Yugoslavia
Marshal Tito
Tito
United Nations
U.N
Reds
Rene Mayer
Mayer
United States
Bermuda
Africa
Egypt
Suez
Nigeria
Kenya
Doctor's column outlines heart surgery for rheumatic fever
The doctor explains rheumatic fever can scar heart valves, especially the mitral valve, leading to enlargement and possible failure. Cortisone relieves joint swelling but little protects the heart. Valve surgery can improve function and extend life though not a permanent cure. Also notes on prostate enlargement treatment beyond surgery.
MENTIONED IN THIS ARTICLE
B. R
Moving Day Flood Flooding Strands Deweyville Residents
Mr. and Mrs. Everett Kelley stand knee deep in rising Sabine River water in Deweyville Texas as they load a small truck with belongings assisted by neighbor T. W. Tompkins during flood conditions.
MENTIONED IN THIS ARTICLE
Sabine River
Deweyville
Tex
Everett Kelley
T. W. Tompkins
Germans Say Soviet Atomic Work Slow
West German bulletin cites a military expert claiming Soviet Russia has produced at most 100 atom bombs. It notes the United States builds about 500 atom and hydrogen bombs yearly and advances in atomic weapons and energy use favor the U.S. It also compares peacetime armed force strengths: Russia China and satellites total 6,438,000 with 175 divisions versus 3,175,000 with 90 divisions in the 14 NATO nations. U.S. planners previously expected Russia to stockpile 200 to 300 bombs next year.
MENTIONED IN THIS ARTICLE
BOM
Germany
Russia
United States
America
China
U.S
Stocks Dip Fractionally In Slow New York Trade
Stocks fell slightly in early New York dealings with all sectors guiding a modest decline. Trading was thin at 220000 shares as investors waited on Washington economic and foreign developments. American Car Foundry rose 1 percent to 46 percent, F E Myers & Bros up 1 point to 42 percent, while Texas Pacific Land Trust slid 1 point to 133 44.
MENTIONED IN THIS ARTICLE
New York
Washington
American Car Foundry
F. E. Myers & Bros
Texas Pacific Land Trust
Steel
Bethlehem Steel
Republic Steel
Chrysler
General Motors
American Car & F
American T & T
American Tobacco
Atlantic Coast Line
Baltimore & Ohio
Bendix Aviation
Seeesenteseas
Boeing
Cssc
Continental Can
Cery
Curtiss-Wright
Peres
DuPont Ee ST
Eastern Air
CN Seccc
Seccessecesseses
Goodyear Eee
Mamie Mone
Craasecbonccens
Mamie Cabo Sivessabestance
Interchemical Corp
Johns-Manville
Cscesseee
Kennecott Stp
Kroger Co
Pee
Liggett & Myers
Ceeeesesca TS
Lorillard Pro
Lou & Nash
Monsano
OD Southern Co
Ld Ik Southern Railway
Eeees A Texas CO Cinch Ackeveenesneaee
Union Carbide Ete
U.S. Pipe & F Saccsen
Uv. Ss. Rubber Eee
Uv. S. Steel Eee
Warner Bros
I Western Union
Essseseeeeses
Westinghouse Air Bke
Westinghouse Electric
Cooees
Woolworth
Umstead Holds Hearing In Doath Cases
Gov Umstead held a hearing on four death row cases. Defendants Raleigh Speller Clyde Brown Bennie and Lloyd Ray Daniels faced imminent execution. Attorneys urged clemency while Daniels delays were discussed after a state Supreme Court ruling on post conviction relief. Speller and Daniels were convicted of rape and murder. Brown for rape and beating.
MENTIONED IN THIS ARTICLE
Raleigh
Umstead
Raleigh Speller
Clyde Brown
Bennie
Lloyd Ray Daniels
Herman Taylor
Samuels. Mitchell
Speller
Daniels Cousins
Hosea V. Price
Winston- Salem
Brown
Daniels
State Supreme Court
Pitt County
Greenville
Ayth
Dollar hoarding and foreign cash flow linked to tax evasion
In a May 18 piece from New York the author argues that most U S currency in circulation is tied to tax evasion and hoarding abroad. Foreigners hold 8 to 9 billion, while a parallel stash in criminal and illicit circles fuels a global dollar black market.
MENTIONED IN THIS ARTICLE
New York
U. S
France
Truman
Roosevelt
U. S. Eens
U.S
U. S. Treasury
Korea
China
Dulles Rules Out Big Four Talks Amid Cold War Blocks
In New Delhi John Foster Dulles said no point in new Big Four talks while Communist armies stay in Korea and Indochina and Russia blocks Austrian peace. He warned no results while Soviet bloc pushes aggression in Asia and occupies Austria.
MENTIONED IN THIS ARTICLE
New Delhi
India
U. S
John Foster Dulles
Korea
Indochina
Russia
Dulles
United States
Karachi
Pakistan
Soviet
Soviet Bloc
Laos
Europe
Austria
Commission Reviews Firing of Minister
A Presbyterian synod panel in Raleigh began reviewing the dismissal of Rev. Charles M. Jones of Chapel Hill Presbyterian Church. The inquiry met in privacy at White Memorial, with information released only by chairman Dr. Price H. Gwynn. The synod will review the record but not hear new evidence.
MENTIONED IN THIS ARTICLE
Raleigh
Presbyterian Synod of
Synod
Orange
Signs Tidelands Bill Debate Over Federal Rights
The Signs Tidelands Bill and allies argued the measure is not a gift but a restoration of state property deemed theirs since statehood until 1947. They cited a California Supreme Court ruling establishing paramount federal rights and warned this federal supremacy threatens state control of inland waters and populated oceanfront lands like Miami Beach Florida.
MENTIONED IN THIS ARTICLE
Sureme Court
California
Miami Beach
Fla
Weighty Argument in Air Travel Battle
MIAMI BEACH J J Jack Stoerh weighs 340 pounds and fights airlines over seating. As Eastern Regional Director of the Loyal Order of Moose he advocates two seats or a fare policy. He previously challenged TWA and won a concession with a family excursion ticket from Pittsburgh to Miami, prompting a lighthearted pilot incident.
MENTIONED IN THIS ARTICLE
Miami Beach
Filia
J. Jack Stoerh
Stoerh
Loyal Order of Moose
Airnes
TWA
Ralph Damon
Eastern Airlines
Pittsburgh
Miami
Jack
Slums Grow in Rio de Janeiro as Favelas Expand
Rio de Janeiro's favelas may rank among the world's most populous. A National Yellow Fever Service survey counted 90 000 shacks across 54 sites near the city housing about 340 000 people, one seventh of the metropolis. The number of favelados doubled from 1950 to 1953, with 170 000 recorded in 1950.
MENTIONED IN THIS ARTICLE
Rio DE Janeiro
National
Lost Girl Beverly Bradley Missing Near Carbonale
Searchers in Michigan's Upper Peninsula fear Beverly Bradley may have been kidnapped after she wandered from her grandparents' cottage. Two and a half year old Beverly, last seen Wednesday at 11:30 a.m., was found unconscious in a swamp a mile from home. Volunteers, bears spotted in the scrub, and cold weather complicated efforts as authorities considered kidnapping a possibility.
MENTIONED IN THIS ARTICLE
Carbondale, Mich
Ulp
Beverly Ann Bradley
Carbondale
Mich
Beverly Bradley
Menominee
Beverly
Cottege
Here
Ocalla Bradley
WMAW
Michigan
Upper Peninsula
Edward Reindl
Reindl
O. M. Bradley
Greenfield
Weather Bureau
Arthur Anderson
Edward van Kleeck
Witch Hunters Sentenced in Katanga Witch Hunt Case
In Jadotville, Lualaba district, Congo Katanga, a village witch hunt ended in court with the chief given life imprisonment and his henchman 20 years for murdering an alleged witch. The cases were based on public rumors and led to official intervention. Both appellants plan to appeal.
MENTIONED IN THIS ARTICLE
Jadotville
Belgian Congo
Lualaba
Congo
Katanga
Mohawk Acquires Laurinburg Carpet Mill
Mohawk Carpet Mills Inc announces acquisition of a cotton tufted carpet mill from Scotland Mills Inc at Laurinburg North Carolina. The mill will be operated by Dixiana Mills Inc, a Mohawk subsidiary.
MENTIONED IN THIS ARTICLE
Amsterdam, N. Y
Mohawk Carpet Mills, Inc
Scotland Mills, Inc
Laurinburg
N. C
Dixiana Mills, Inc
Mohawk
Peg Legs For Rice Paddies in Japan
Tokyo reports the American Korean foundation has developed a new artificial leg for war maimed Korean soldiers to work rice fields. Dr Howard A Rusk leads a six member mission stating the peg leg uses a metal rocker to lift the foot from mud more easily.
MENTIONED IN THIS ARTICLE
Tokyo
Howard A. Rusk
Top Jet Aces Complain At Being Sent Home
In Tokyo two leading jet aces Captain Joseph McConnell and Captain Manuel J. Fernandez lament being recalled from Korea after totaling 30 MIG kills. They say they could have earned 40 to 50 more, but orders require their return to Washington. Fernandez Sr. is an officer at 18th Air Force.
MENTIONED IN THIS ARTICLE
Tokyo
America
Joseph McConnell
Valley
Calif
Anuel J
Pete) Fernandez
Miami
Fernandez
McConnell
Korea
Washington
Fernando
United States
Manuel 5. Fernandez Sr
18Th Air Force Headquarters
En S.C
Also Mentioned on This Page
Ice Cube
Hillburn
N. Y
New Jersey Line
Phil Newsoy
United Press Foreign News
England
the Doctor’s
Texas
Louisiana
Mississippi
Doath
Leslie Gould
Rene Leon
Princeton
Leon
Robert
Joyce Hayden
Richard LaForce
Los Angeles
LaForece
Brazil
Reddy
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