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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 15, 1962
Page
7
A price increase in steel could lift costs for buyers and ripple through Greensboro area manufacturers and furniture makers. Local experts warn a cost of living uptick would follow. Also noted is Mundy Motor Lines opening a High Point terminal with J. C. Alexander citing favorable local growth and a six employee staff led by terminal manager J. T. Spangler.
The bones of George Rogers Clark, who died in 1818, were moved from Locust Grove to Cave Hill Cemetery in Louisville. Citizens relocated his remains 51 years after his death after opening nine graves to locate the colonel. Identification was made from a military button and his single leg.
Pilot Life Insurance Co opens its headquarters in Sedgefield for an open house this week to showcase the new six story North Building completed in mid February. The expansion, including a fully dedicated cafe, kitchen and lounge on one floor, aims to support departments and anticipated needs for the next decade. The event involves about 250 of Pilot’s 600 local home office employees from the High Point area.
The Piedmont Chapter of the National Association of Accountants will hold its monthly meeting Thursday at 6 at Star Mount Country Club Greensboro. W J Burns of Winston-Salem office of Dun and Bradstreet will address on Detection of Commercial Fraud. Addison H Reese president of North Carolina National Bank elected director of Association of Reserve City Bankers for three years. Nixon Carr Henley graduates from International Paper Marketing School in Mobile Alabama. Drs Harold T Jarrell and Howard C Jarrell attend alumni reunion in Philadelphia.
Norman King, master painter, said a whiskey distillery contract ruined his business. He testified in an Inverness bankruptcy court that workers drank or played football while on the job, costing him 400 pounds and leading to debts of 1,166 pounds against 964 pounds in assets.
A vast Coral Reef in Australia spans 1250 miles as the world’s mightiest coral formation. It comprises countless limestone deposits from sea organisms with many untouched stretches and about 500 cays and islands that remain uninhabited.
Charles V. Morgan formerly of Chevy Chase Md has been named sales representative in the New England states for Clyde Pearson Inc of High Point NC. He will cover Connecticut Massachusetts Rhode Island Maine and New Hampshire for the Upholstered furniture maker and also represents Craftique Furniture Co. Underwriter G Reid Marsh of High Point attended an Atlanta seminar on business insurance and estate conservation per John O Gaultney regional VP for New York Life Southeastern Region.
Jefferson Standard Life Insurance representative J Leslie Andrews of High Point earns a berth on the Star Performers Cruise to Nassau in May aboard the Italian liner M S Victoria. More than 1,100 reps in 29 states plus DC and Puerto Rico qualified for the cruise based on sales records over 17 months ending February 15.
West Germany enjoyed a consumer boom with rising wages and plentiful jobs. Economics minister Ludwig Erhard warned that inflationary pressures and price spirals could derail the economic miracle now slowing, as Germans face a potential self-inflicted downturn.
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