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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Apr 20, 1958

Page

5

Retail furniture meet in Roanoke roars with speakers

About 200 furniture workers are expected at the Southern Retail Furniture Association 46th annual meeting in Roanoke Virginia May 11 13. Dr Kenneth McFarland GM educational consultant will speak on Selling America to Americans and Viet Nam Foundation leader Tian Desdae von Fiagal will address a lunch session on Practical Approach to Consumer Credit Education. The John Willis Jr award will be presented for advancing retail standards.

Southern Retail Furniture Roanoke Jim Best SRFA Kenneth McFarland General Motors Best McFarland America von Fiagal Viet Pioneny National Foundation For Consumer Credit John Willis Jr Willis Furniture Co Norfolk Leo Heer Exposition Decker Amos Furniture South Way Shenandoah W. L. Ragland Natural Bridge S.A.M

Stocks Rise For Year’s Best Show

New York reports a strong upsurge with the AP average up 3.70 to 165.00 matching 1958's high reached Feb 4 as turnover climbs to 12,224,704 shares. Rails rally on proposed carrier aid while the Federal Reserve cuts the discount rate to 1 percent and lowers reserve requirements.

New York Associated Press Sean Soda Karen Wall Street Rails Federal Reserve Board

Security quotations and market ranges from 1958 desk quotes

Unofficial bid and asked prices from the National Association of Security Dealers and other sources. They show approximate ranges within which securities could have been sold or offered at the time of compilation on April 17 1958. Origin of quotations available on request.

National Association of Security Dealers, Inc

Grain Prices Drift in Quiet Week Chicago

Grain futures showed little in the way of strong moves with minor daily shifts. Wheat and oats fell, corn rose for the third straight week but at a slower pace as speculators booked profits, while beans advanced except one contract.

Chicago

Pork Mart Prices Drop

CHICAGO buyers registered the largest receipts of butcher hogs since late January while prices fell up to 50 cents per hundredweight for barrows and gilts and $1 for sows. Demand favored lighter hogs under 240 pounds though few under 230 pounds were offered and No 1 grade remained scarce all week.

Chicago

Bonds Show Strong Weekly Advance

New York bonds led a broad weekly rally with corporates up as Federal Reserve action spurred confidence. Rails reached a 1958 AP index high, while trading on the New York Stock Exchange rose to 30.4 million dollars, the strongest weekly total since late January. The Fed cut the discount rate a half point and lowered reserve requirements in stages, signaling a major policy easing.

G. Reid Marsh New York Life Insurance National Assn. of Life Underwriters Banff Springs Canadian Rockies Henry J. York Nationwide Insurance High Point Nationwide York Institute Graham Morgan Rails New York Stock Exchange Central Reserve New York Chicago

Also Mentioned on This Page

Greensboro Area Society For the Advancement of Management King Cotton Hotel Starmount Country Club North Carolina Life Underwriters Winston- Salem Winston Raleigh Charlotte David Fluegelman Connecticut Mutual Life R. L. McMillan Businessman’s Assurance Abilene Texas Clarence R. Darling State Capitol Life Charles F. Gold N. C National Association of Hosiery Manufacturers Nathan Ayers Triangle Hosiery Colon Kennedy The Diaper Service Institute of America Morgan Kennedy General Factors Corporation Philadelphia Lewis Einhorn Gladys Smith Southland Factors Cor‘poration Community Credit Cor National Finance Company By Joe Brown J. C. Boyles N. Main Street Jationwidi Mmutwid Wesmance Mutual Sis & Bard Mills Ee A Amer Heritage Eeereeeee Amer Hosp Supply Peeeteese Tee Amer Marietta Amer Commerce Fal Bank Mnold Co Atlanta Ges Light Atlantic Steel Ateneee Eeereee Mu Atlas Gewing Centers Seeewe Carolina Tel & Tel Weeteee Carolina Wholesale Fist Central Telephone Eestees Cerlist Diesel Ise Pia Colonial Stores Collyer Commonwealth Cone Mills Donnelley, Rr, & Sons Drexel Purniture Electronic Accty Cord Corp Erwin Aes Farrington First National Itu Itu 'Pranklin Life . Eeeeeeeee Frigikar Corp Ereeteetee Garfinckel J Garfinckel J Ptd General Tele Pia Griggs Equipment Eevee Guardian Consumers Guardian Pia & Guilford National van Gulf Cities Gas Manes, PH Holiday Inns Amer Houston Oi Mycon Mf Couneen OED Inter Mt Tei Vestors Div Bre ‘Oy Tee Investors of Canada Ivey, J.B Cora Li Uv Sree Kaiser Steemae Pia Lite & Casualty ‘Ding Life Companies Inc Teteneeeeee ‘Ae Life Ins Co Steer Lithium Corp Amereee Lone Star Steel Lueke Stores MacMillan Co Maryland Casualty W. N. Maxson Corp McLean Industries Miles Lab Inc Mississippi Shipping Moore Handley Hawr National National Life & Accident North Amer North Car Tel Fe Occidental Life Ohio State Life Peninsular Life Ebeeeee Penn Fruit Co Common Pefin Fruit Co udler-Permutit Company Piedmont Aviation Piedmont GOB Sivssreves Sutton Delhi Taylor OW Texas Eastern Trenc A Aoenene “Corp Trans Gas Pipeline Coves Travelers Insurance Co Twin Union National Bank Acteas Massachusetts Mutual Massachusetts Life Insurance CO G. Eddie Ridge W. Roland Albertson Pork Mart Bonds U.S Fed Wachovia Bank & Trust Company Key North Carolina Cos Wachovia Dallas J. Sturgis May & CO. —Investment Securities Security Bank Bldg High Point, N. C Spivey P. O. Box Southern Heritage Life Insurance Co Charlotte, N. C North Carolina TEL J. Sturgis May & CO Sechrest Analoy Estabi Ambula Ambulance MAIN N. Main Member Federal Deposit Insurance Corporation
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