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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Dec 13, 1957
Page
15
Brown and Bigelow reports firms are ordering more expensive gifts for key accounts as top customers must be wooed amid slackening business. Despite economy worries, firms continue the annual practice, with a trend toward higher value items and broader gift giving to maintain relationships.
Four U S destroyers Manley Gearing McCard and Vogelgesang were hit by a fierce Atlantic storm while en route from Norfolk to join the 6th Fleet. Manley suffered a smashed superstructure, one sailor died and three were injured. Gearing McCard and Vogelgesang faced possible towing as refueling was blocked by mountainous seas. A crewman from Gearing was swept overboard but rescued by the tanker Salamonie. the identity of the rescuer was not released.
Sales Management estimates the average firm spends about 4500 on a list of around 1000 people with gifts totaling in the millions this year. About 35 percent go to employees and 65 percent to customers while some are bought for materials suppliers. Executives worry the practice may hurt relations if stopped. There are about 2 238 000 automatic dishwashers in U S homes today.
The Virginia Advisory Legislative Council recommends increased authority to consolidate constitutional offices and functions across cities counties and towns to save money. A constitutional amendment and statewide refer endum would be required, with permissive laws for non constitutional consolidations by majority local vote. The council also backs studying optimal regional areas including a Peninsula example and a state map.
A General Sessions Court jury found racketeer John Dio and Teamsters Local 295 president Johnny McNamara guilty of extortion and conspiracy. They were accused of pressuring Tower Crossman Corp and Atlas Stationery to pay $4,700 in 1956 to avert unlawful pickets. Sentencing for Dio is set for January 8. he faces up to 31 years.
The Federal Reserve Bank of Richmond reports Sun District department store sales fell 11 percent below last year’s level for the week, marking an eighth straight decline. Seasonal buying and an extra shopping day boosted last week’s sales above the prior week, though year to date sales remain about one percent ahead of 1956. The Sun District covers the Carolinas, Virginia, West Virginia, Maryland, and the District of Columbia.
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