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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Apr 12, 1964

Page

27

Annual Report Highlights Big Gains for Socony Mobil Oil

Joe Brown reports Socony Mobil Oil Co United States parent after acquiring Martin Marietta coatings unit shows revenue jump from 44 billion to 49 billion dollars in 1963 net income rising from 242 million to 271 million and assets increasing to 4.6 billion. The Mallory Co electronics and batteries unit posts slight sales and income slips for 1963.

Socony Mobil Oil Co Martin Marietta Corp Federal Reserve P. R. Mallory Co Lexington

NCNB Stock Index Near Record Level Amid Textile Gains

The NCNB stock index hovered near a record high at week’s end, closing at 306.2 as textiles climbed after a cotton bill passage. Major averages dipped. Dow fell to 821.75, S&P 500 to 79.85, while the Associated Press 60 rose to 303.9.

North Carolina National Bank Carolinas Cannon Mills Britain Burlington Industries Litly & Company National Association Lowe's Companies of Securities Dealers, Inc McLean Industries Moore Handley Huw National Dev Corp N C National Bank Askea N & Natural Gas N C Occidental Liggett and Myers Ohio State American Commercial Agency American Dott Incree Textile Corp American Fidelity Piedmont & Nort American Lend Bledmont Aviation Plsamont Natural American Sterilizer Pierce & Stevens Atlanta Gas Light Public Service of Bes Studios Pyramid Life Reynolds American Tobacco Bassett Fi Os Savannah Sugai Ai Scott Fatamnen Pyramtees Imid Life Ae Sorg Paper Company Palmetto State Life Rom Southern Nitrogen Vi Wu Security Life Southland Life Trust Wweesie Kapital Consolidated Credit StihMan Mig C&s Nationsas Home Finance Texize Chemical Water Textiles Teava Ye First National Bank of Billuys Western Petro Bie Belt Inc Boston Capital, Ihe Bowater Paper M Finance Caroling Casualty Carolina Cone Mills Ag Fea Stowmotor Corp South Consolidated ‘Credit Wealtrans Sistem Bal Carl National Bank Down Crackett Company Travelers Insurance Travelodge Corp United Family So Slap S Leasing US Realty Wachovia Bank Walker, H Duke Power South Carolina Electric Eazor ‘Express Central Telephone Central Vermont Cable Dairy Colonial Stores Selercratt Corp Columbus Plastics Drexel Enterprises Dairy Mi Jioned Fidelity Bankers Life iWay Slippe Fieldcrest Mills, Inc Western Power E First Sobthemn Co Alwhitin Machine Works First Union National Bank Fox Stanley Ernite Transportation Franklin Life Garfintkell General Shale Georgia First Southern Good Wren Momes Carolina Freight Futterman Corporation Great Southern Real E. Hanes PH Knitting Horna’s Enterprises AN . Jefferson Ltd Life Ina Ketchum & Company LIS General Stores

Strike Threat Imperils Nation's Business Boom

The 3 month upswing in the economy faced a renewed railroad strike threat after a pre-dawn walkout by 7,200 workers against Illinois Central. White House terms called for quick service restoration, while majors like US Steel and Bethlehem faced a sweeping antitrust case. Steel output rose to 125 million tons yearly as autos boomed and consumer credit surged in February.

Roger Lane NEW York Johnson Illinois Central Railroad White House Illinois Central New York Stock Exchange Federal Reserve Board New York City

Also Mentioned on This Page

By Joe Brown Lela Hedrick Keenview Ter of Luzier, Inc Fee Antes Occas Acer Pales Pecard Luzier R. L. Brinson North Carolina Motor Carriers Assn Washington High Pointer Brinson Arthur C. Butler National Highway Users Conference Congress State Farm Cat Southern Co Southeast Federal Trade Commission Benrus Watch Co Gruen Industries, Inc Waltham Watch Co Bulova Watch Co Keiffer Navy Bridges Bulova N. Main St Credit Bureau of High Point Lea Palmer Concord Ronald L. Poindexter American Credit Co Charlotte Associated Credit Bureaus of North Carolina Betty Madren Mary Ruth Haynes Geneva Ray Joyce Smith Consumer Joan Company Veep Addison H. Reese Association of Reserve City Bankers Reserve Cities Joseph B. Bernier Hedgeey Drive Westport Conti Kenneth R. Parker Insurance Salesman Parker State Capital Life Insurance Ncne Stock Index South Carolina Ncnb Stock Index Thomasville Furniture Drexel Enterprises Lance Inc Jim Walter Construction Co Ross Builder US. Steel Corp Bethlehem Steel Co Edmund F. Marfin Second Banking Bethlehem AD Agency Gur Hogan-Rose & Co., Inc Fifth Avenue Tennessee English St E. Green St Washington St E. Washington St S. Main St Realtors North Main Street Edgar T. Deobrow Bales Bob L. Parrish W. Washington and Haydon Place Smith Corona Nash Jewelry Co N. Main Security Life and Trust Company Robert A. McCliston Accident & Health High Point Bank Brig. Tel Remington Rand Remex Office Equipment Co Augusta National Ball Course THE Travelers Insurance Companies Hartford Connecticut Piedmont Insurance & Realty CO North Wrenn St Piedmont Wenr Holiday Motors Lincoln Contiental Mercury Comet Austin-Healey Joe Honeycott Wickliff Ave Raleick Life Insurance Commonwealth In Allvac Metals Mutual Savings Li Piedmont Aviation J. Sturgis May & CO N. Car Nat'l Bank Professional Life Insurance Service Geo. P. Clark C.L.A Main St Lyon New England Life Mutual Life Insurance America Ieee State Farm Insurance Companies Donald R. Keiffer State Farm Issurance Home Bloomington Incis W. Green DODGE Horace Gilderton Renault South Main Street
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