On this day

November 13, 1949

Revisit the news, notable people, and historical moments connected to this date.

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Headlines from November 13, 1949

Three-Day Banking Week Leads To Doubts on Saturday Closing; SHORT BANK WEEK AROUSES CRITICISM

By George A. Mooney

The marked curtailment of banking activities resulting from the double holiday last week has focused the attention of bank managements on the problem of "bankless days." Unusually acute because of the incidence of Election and Armistice Days, in the same week, the general problem has been one of continuing concern since the nation-wide trend in recent years toward Saturday closings.

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FOUNDRIES ADOPT NEW PRICING BASIS; Revised Terms and Conditions O.K.'d by Purchasing Agents Alter Standard Practices

By Hartley W. Barclay

A completely new pricing and quotation basis is being introduced by members of the gray iron foundry industry and quotations applying these new standards are already being used by individual foundries. R. L. Collier, executive vice president of the Gray Iron Founders Society, Cleveland, disclosed here last week that the terms and conditions of sale have been approved by the National Association of Purchasing Agents, including revisions made as recently as September.

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Notable Births

Terry Reid

1949Terry Reid, English singer-songwriter and guitarist (died 2025)[โ€ ]

Terrance James Reid, who was nicknamed Superlungs, was an English musician, songwriter and guitarist, best known for his emotive style of singing in appearances with high-profile musicians as vocalist, supporting act and session musician. As a solo recording and touring artist he released six studio albums and four live albums. Described as an "artists' artist" by Rolling Stone, Reid was recognised by his contemporaries as an eminent talent in English rock music, both as a guitarist and a vocalist. Robert Plant praised his vocal "flexibility, power and control" and Graham Nash was quoted as saying he should have been "a gigantic star".