Rich Man’s Recession Hits Luxury Goods
Reported tremors in luxury spending amid stock market tumble. Yacht sales decline for $250,000 models. Rolls-Royce car sales show mixed but cautious demand. Big yachts, caviar, foie gras, and jewelry purchases soften, while mink, sable, and art markets hold. Belmont betting also slips, signaling uneven consumer confidence among the very rich.
MENTIONED IN THIS ARTICLE
Saul Pett
New York
Rich
Yorke
Wall Street
David Heilner
John D. Alden, Inc
Boston
Tiffany's
Mink
Sable
Charles & Co
Elanor Lambert
New York Dress Institute
Belmont Race Track
West
America
Staunton Woman Dies in Indiana Crash
Mrs. Ruby Fretwell 51 of Staunton Virginia was killed in a car truck collision near Shoals Indiana. Her husband Ivan 49 and sister Reva Wimmer 54 were injured and taken to Daviess County Hospital where Miss Wimmer was listed in critical condition.
MENTIONED IN THIS ARTICLE
Robert Gilmore
St. Charles
Gilmore
Fairfax May Build Shelter For 75 000
Fairfax officials propose a community fallout shelter for 75 000 people funded by federal aid. Mayor John C. Wood announced plans to seek Office of Civil Defense support to build the shelter alongside a planned shopping and community center in Northern Virginia.
MENTIONED IN THIS ARTICLE
Fairfax
Northern Virginia
John C. Wood
Newsmen
Office of Civil Defense
Doctors Strike In Austria Demands Higher Fees
In Vienna 13,700 doctors began a 24 hour strike to press for higher pay from the government health insurance pool. They sought a 65 percent increase in fees under a new contract. current average monthly income for doctors was about 400 dollars.
MENTIONED IN THIS ARTICLE
Vienna
Austria
Heart Profile saluting Virginia business and Industry
A radio feature on WRVA at 6 30 P M salutes Virginia business and industry highlighting local enterprise and economic contributions.
MENTIONED IN THIS ARTICLE
Heart
Virginia
Wrva-Radio
Also Mentioned on This Page
National Aeronautics and Space Administration
Walter M. Schirra
Atlantic
Pacific
Rolls-Royce
Cavair
Staunton
Indiana
Willis H. Ligon I
Blue Cross
Blue Shield
West Boscawen Street
Winchester
Buick
LeSabre
Tops
Mitch
NBC- TV
H. W. Ebert Garage
Loudoun St
Swimley
Winchester’s Finest Furniture Store
East Piccadilly ST
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