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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 10, 1956
Page
6
Venezuela quietly opened a 20 mile canal at Lake Maracaibo dredged at 35 million dollars, boosting tanker access. The move expands concessions on the lake, aims to lift output by up to 20 percent, and could channel 700000 barrels daily to world markets.
The North Carolina Bankers Association trust section elected B. B. Townsend of Rocky Mount as chair, succeeding John J. Mason of Edgecombe Bank. Robert F. Coldfelter of Wachovia Bank was chosen vice chairman as the group discussed mutual fund pooling for trust accounts.
A statistic notes that sixty five percent of American workers commute by automobile, reflecting commuting patterns and transportation preferences across the nation.
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