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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
May 01, 1961
Page
5
Alleghany Corp shareholders gathered in Baltimore to settle a crucial control issue. The meeting aims to determine leadership direction and corporate governance after a period of board-level maneuvering. Major investors and executives attended as discussions centered on future strategy and stewardship.
Virginia agricultural officials warn price forecasts are uncertain as broiler values hover around 14 cents, with Georgia at 13 and Delmarva at 14. Soybeans show limited activity though seed stock rises, while wool prices trend downward. A separate note describes an intense corporate battle over control of Seabed holding entities and related investments, with proxies from about 17,000 shareholders and major railroad and investment firms involved.
The nations biggest industry steel shows progress with a sixth straight weekly rise of 2.1 percent to 1,784,000 tons. Output gains boost optimism. unemployment falls in Buffalo area as demand strengthens. Ford lifts second quarter plans. auto industry up for April. Government moves to aid unemployed in distressed regions.
Alden "Whitey" Burnham serves as varsity lacrosse and soccer coach and freshman wrestling coach at Dartmouth College, guiding multiple teams and mentoring student athletes.
Emperor Hirohito observed his 60th birthday as tens of thousands gathered at the palace in Tokyo to cheer the democratic sovereign with shouts of banzai. He appeared hale and hearty. The Wood Memorial named for Eugene Wood, founder of a Jamaica race track, debuted in 1925.
Fashion notes highlight a new line of air conditioned shirts described as expensive yet stylish. Available in black beige powder and white with embroidery. Sizes range from 12 to 14 up to 22 to 14.
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