Word: cars
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Dates: during 1950-1959
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Visiting with President Eisenhower for 45 minutes one day last week were four top U.S. Negro leaders: the Rev. Martin Luther King Jr. of Montgomery, Ala.; N.A.A.C.P. Executive Secretary Roy Wilkins, A. (for Asa) Philip Randolph, founding (1925) boss of the Brotherhood of Sleeping Car Porters, and Lester B. Granger, executive secretary for the National Urban League. The four were mindful of the President's recent exhortation to Negro publishers that Negroes be "patient" in their quest for full civil rights, and Wilkins, for one, had criticized Ike roundly. As a result, both the Negro leaders and the President...
...Welcome Mr. De Sapio, Beloved Son of our Soil!" read the signs. Out of his long, black car stepped greying, carefully tailored Carmine De Sapio, Manhattan-born boss of Tammany Hall, on a visit to dusty, tiny (pop. 5,000) Monteforte Irpino, the Italian village his father left 50 years ago to migrate to the U.S. After viewing the site of the old family home (razed years ago), De Sapio, who speaks no Italian, walked through flower-and-confetti-strewn streets with the mayor, drew the hoopla reserved for rich visitors: a brass band, fireworks, cheering crowds. But with...
...car sales in the second ten days of June posted a 6.8% increase in daily rate over the first ten days, and last week's production was up 9.6%. Ford Motor Co. returned to full-scale production, while Chrysler Corp. scored a 13% production boost in June. Yet even as the wheels rolled a bit faster, the industry got set for the annual model changeover shutdown. Buick production was stopped last week for approximately six weeks; Chrysler will start shutting down late this month, Plymouth in early August and Ford in September...
...Wolfson group continued to sell until it had cleaned out its holdings. Estimated profit on the sale: $2.5 million. Then, said the SEC, Wolfson began to sell short in the belief that A.M.C. sales would slide and the price of the stock drop. But A.M.C. car sales rose and the stock did not drop; the Wolfson accounts were eventually caught in a short position of about 150,000 shares...
...Went Hathaway. In San Pedro, Calif., two days after her house was looted, Mrs. Henrietta Cheatham pulled up at a stop sign, recognized her husband's shirt on the driver of the car beside her, noted the license number, later told police how to locate long-sought Burglar George Brotsis...