Word: kress
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...Joseph Kress, 44, a proud Navy mother in Dubuque, Iowa, walked into the Dubuque Telegraph-Herald newsroom with a little item for the paper's servicemen's column. She had a letter from her son, James J. Kress, 20, a fireman aboard the U.S. destroyer Richard S. Edwards, and she wanted Jimmy's friends to know where he was. The letter began: "Dear Mom and Dad: In case you haven't heard the names of those destroyers that were attacked in the Tonkin Gulf last Friday night, they were the R. S. Edwards and the Morton...
...Telegraph-Herald was delighted to run Jimmy's letter; indeed, to Mrs. Kress's great astonishment, the letter made the front pages of newspapers all over the U.S. For the most part, it contained a lively, although almost certainly inaccurate account of the mysterious Sept. 18th destroyer action in the Tonkin Gulf. Wrote young Kress: "We picked up about seven contacts on the radar screen. The Edwards blew two of them out of the water for certain and shot up another one. I don't know if the Morton destroyed any or not. One of them boats...
...death in 1939, a hit Broadway play, Lord Pengo, made fiction of his exploits. He bought and sold Rembrandt's Aristotle Contemplating the Bust of Homer three times, always handled, as his motto affirmed, "nothing but recognized masterpieces." His clients were equally well recognized -Mellon, Morgan, Frick, Rockefeller, Kress, Altman, Bache-and Duveen steered their taste in building superb, now mostly public collections...
...retailing giant, Genesco, Inc. of Nashville, Tenn., he does most of his shopping for companies-and has bought up 46 of them since 1938. Last week, after a three-month battle, Jarman added another company to his shopping bag; for $27 million, he bought control of S. H. Kress & Co., a national chain of 342 variety stores. Genesco, which started as a shoe company and already has 1,500 outlets (including Manhattan's Bonwit Teller), nowadays is as flamboyant as its boss is unpretentious. A devout Baptist deacon, Jarman neither smokes, drinks nor cusses, often begins stockholders meetings with...
Died. Rush Harrison Kress, 85, younger brother of the late dime-store king and famed art collector, who as president of the Samuel H. Kress Foundation since 1955, carried on his brother's 20-year project for the donation of $50 million worth of art treasures to U.S. museums; in New York...