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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 01, 1962
Page
7
In High Point a survey shows auto dealers upbeat as the first quarter ends. They expect 1962 to be among the best years, with stronger used car demand and a shift from tiny imports to standard size autos. Dealers emphasize professional training and knowledgeable sales staff as key to future success.
Building Bank Construction data for January and February 1962 place High Point sixth in North Carolina by permit value. Charlotte leads with 8.8 million, followed by Raleigh 3.3 million, Greensboro 3.1 million, Winston-Salem 1.9 million, Durham 1.6 million, and High Point 1.244 million, with 36 cities up 16 percent from 1961. Shows potential rise for High Point due to large March permits.
A list of unofficial bid and asked prices for securities and stocks from Piedmont Aviation, Piedmont Natural Gas, Georgia International, Savannah Electric Power, and numerous companies and banks as compiled March 30 1962. The data shows ranges for various securities with entities including Security Diversified Shs Hamilton Mfg Hanes J. Knitting Wells Fargo lists. The compilation notes these quotes are not actual transactions and are for guide purposes only.
News of a probable labor peace in the steel industry spread optimism across Wall Street and major sectors. Analysts expect a spring rally in stocks and higher activity in autos rubber glass coal railroads and other industries, despite ongoing Washington concerns and a weak payments situation.
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