Word: raleigh
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Last week, after months of table-thumping on the part of his colleagues, in the dining room of Washington's Raleigh Hotel ASCAP's Lawyer Milton Diamond sat down to a quiet dinner. His companions were Victor Waters and Holmes Baldridge, assistants to Thurman Arnold. By the time coffee was served they had agreed that ASCAP should consent to a decree designed to obviate a Government anti-trust suit against the society...
...very bottom of the barrel lies their least liquid sediment: some $850,000,000 (book value) of "investments in controlled enterprises," the unlisted securities of privately owned corporations. Such companies include giants like rayon-making American Viscose, British-American Tobacco's Brown & Williamson Tobacco Corp. (Kool, Raleigh). They also include many smaller fry: British Ropes, Ltd., J. & J. Cash, Inc. (woven names), Crosse & Blackwell (jam, etc.), Jaeger Co. (knit goods), Oxford University Press, Yardley & Co. (cosmetics), many another. Not listed on U. S. exchanges, stock in such companies is "unseasoned," would probably find an uncertain market...
Spencer Klaw '41, Phi Beta Kappa, Second Marshal of his class, and last year's CRIMSON president, recently was appointed assistant to columnist Carroll Kilpatrick as special Washington reporter for The News and Observer of Raleigh, North Carolina...
...Raleigh...
...Raleigh, N. C., a defendant identified as a holdup man beat the case by the best of alibis: on the day of the robbery he was in North Carolina's chain gang, in no shape for crime...