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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
May 09, 1958
Page
5
SAM DAWSON reports from New York that the recession countdown captivates business minds as many believe the slump may bottom out soon and joblessness could ease, signaling cautious optimism amid uncertain markets.
The child must have turned six by September 30, 1958 and a birth certificate must be shown at registration.
Analysts warn recession may linger despite pockets of strength in some industries. Banks report no clear bottom yet with high inventory to sales ratios and housing starts uncertain, while a few firms cite modest gains in new orders and restocking.
M Botts Lewis 88 longtime newspaper publisher and past president of the Virginia Press Association died Wednesday night in a Charlottesville hospital. A funeral service is set for 11 a.m. at St Andrews Episcopal Church Clifton Forge. He left a son Minor B. Lewis Jr. and brothers D B Lewis of Birmingham. He formerly published Clifton Forge Daily Review and led the Spirit of the Valley and Harrisonburg Daily Times before directing the Daily Rebel.
HAL BOYLE reflects on New York as Greenwich Village as a transplanted man seeks belonging. He recalls uprooting in 1910, adjusting to foreign streets, and finally feeling kinship between blood and stone in a city that never ceases to renew itself. He notes the Empire State building and Central Park as emblematic, the city’s grip and rewards for those who stay.
The northeast enjoyed clearing skies after a week of heavy rain while the Southeast endured severe floods. Eastern Kentucky saw the worst overflow with about 300 families evacuated from Catlettsburg as business districts and schools closed. The Big Sandy and Ohio rivers were forecast to crest.
The Big Sandy river crest in Catlettsburg was forecast above 58 feet as floodwaters from Pikeville Prestonsburg and Paintsville forced evacuations. The disaster has displaced hundreds with damage over 10 million dollars across flood plains in several states.
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