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Crimson veteran Edward Harding '58 paired with E. P. Kingsly III to win a close doubles contest from Jan Baily and Jeremy Hogben. In the other doubles event, Devens and Charles Stockton '32 trounced Gunnery and Murray Glover. The remaining doubles matches will be played today...
Died. Roy Henry Glover, 67, chairman of the board of the Anaconda Co.. world's No. 2 copper producer (after Kennecott Copper Corp); of a heart attack; after attending a State Department dinner in Washington...
Sales picked up after Anaconda's Roy H. Glover announced that his company was taking no new orders at current prices in Europe, where demand for copper is still strong. Almost all of Anaconda's scheduled 1958 production, plus the carryover of copper from last year, has been sold. Kennecott has also stopped selling domestic copper to Europe because, said President Charles R. Cox, "the copper is worth more in the ground...
Copper producers also think that their customers, who have been liquidating inventories ever since September 1956, may be getting down to empty warehouses. Anaconda Copper Chairman Roy H. Glover reports that inventories are down to the point where any substantial reversal in business trends will mean a sharp pickup for the industry. Says Glover, who notes that all customers now demand immediate delivery: "Many of our very important customers now freely say that their inventories are on the tailgates of our trucks...
...Ames Awards will be presented on Class Day to Tatsuo Arima '57, and Peter K. Gunness '57. The awards, silver cups, are named for Richard Glover Ames '34 and Henry Russell Ames '38, who drowned in 1935 off Newfoundland while attempting to rescue their father during a transatlantic sailing race. The awards are given to two seniors "who have shown energy in helping themselves and who exhibit as well the sterling character and inspiring leadership that were the qualities of Richard and Henry Ames." Arima is from Adams House and Tokyo, and Gunness is from Winthrop House and Fargo...