Socks Stretcher Idea Emerges From Burlington Engineer
Jack Macon, chief inventor at Burlington Socks Kernersville plant, develops a socks stretcher prototype to ensure uniform stretch in every sock. His past inventions include the Macon Separator and a seam-smoothing toe puncher, reflecting a career of practical textile innovations and long tenure at Burlington.
MENTIONED IN THIS ARTICLE
Jack Macon
High Point
Burlington Socks
Kernersville
Macon
United States
Burlington
Georald W. Moretz
Jack
Seagrove
Inflation Concerns Rise As Prices Continue To Spiral
AP reports mounting fears as consumer goods inflation hits 9.6 percent in June and policymakers worry about a delayed recovery. Albert Rees cites grain and oil price factors while House testimony notes prices of finished goods rise earlier than expected. AFL CIO president George Meany warns of possible deeper recession.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Albert Rees
The
Council On
Congress
George Meany
Afl-Cio
Market Outlook Dims As Dow Ends Week Lower
The Dow Jones index closed at 826.50 Friday, down 7.59 from the prior week, and the Associated Press average finished at 264.7, down 3.2. Investors faced inflation fears with rising food costs and the lowest volume in three months. Federal Reserve policy, grain sales to the Soviet Union, and oil pricing policy were cited as threats. General Mills and International Multifoods raised flour prices by 1.6 cents per pound. Some economists question why manufactured goods stay expensive with underutilized capacity and weak demand.
MENTIONED IN THIS ARTICLE
Dow Jones
Associated Press
Federal Reserve
Soviet Union
Ford Administration
General Mills and International Multifoods
Transco taps Geof Eade for Rolls-Royce dealership role
Transco Inc names Geof Eade a native of Great Britain as general sales manager for the regional Rolls-Royce dealership. Eade brings London motor trade experience from British Leyland, GM and Rolls-Royce sales during a decade in England. He started as an apprentice mechanic before moving into sales. Richard W. Payne of Charter Oaks Realty attended a farm and land real estate tax and appraisal seminar in Atlanta with Wake Forest University hosting a three day sales seminar at Winston-Salem August 14-16 led by Dr. Mervyn A. Hayes and Dr. Travland. Federal Reserve Bank of Richmond reports changes in Fifth District bank loans and deposits for the week ending July 23. Gilbert Jones of The Alderman Company receives the Master of Photography degree from the Professional Photographers of America at the 84th International Exposition in Chicago.
MENTIONED IN THIS ARTICLE
Transco, Inc
Geof Eade
Great Britain
Rolls-Royce
Eade
London
G. W. Lyles III
Transco
British Leyland
General Motors
England
Charter Oaks Realty
Atlanta
Winston-Salem
Wake Forest University
Mervyn A. Hayes
David Traviand
Professional Sales Development Institute
Travland
Charlotte
Center For Management Development
Babcock Graduate School of Management
P. O. Box
N.C
Richmond
Federal Reserve Bank of Richmond
Federal Reserve District
Stock Quotes From AP and NASD Interdealer Prices
Quotations from the National Association of Securities Dealers reflect interdealer prices as of about 3 p.m. daily. Prices exclude retail markups markdowns and commissions.
MENTIONED IN THIS ARTICLE
Associated Press
National Association of Securities Dealers
Also Mentioned on This Page
High Point Enterprise
Moretz
Joint Economic Committee
Chicago
Executive Council
Labor Federation
Jfmami
Teehee Jasond
A “Jasond
Arthur F. Burns
Federal Reserve Board
U.S
Ray Hubbard
Gilbert Jones
Alderman Company
Professional Photographers of America
Aeratron Inc. Ly
American Furniture
Bankers Trust of
S.C
Bassett Furniture
Blacks
Inds Wa Ya Branch Corp
Brenner
Burnup & Sims Burris
Capri Inc
Cannon Mills Capri Inc
Carmine Foods Ms
Carolina Cas. Ins
EL Car. P&l
Carp. Steel Corp
Carp. Wise
Caro Corp
Central Coro. Bank
Central Vermont
Charter A Com
Chatham Mb14
C&s Corp
Coca-Cola Co Coast
Colonial Life Cilb
Conner Homes Web Context
Daniel Internat
WY Diamondhead Corp A
Durham Life Ins
Vava Engraph Inc
Fideli Corp
Ih Lance, Inc
Kenan Transport 2A Lane Co
Key Leggett & Platt
Life Assur. of Corp
Little Mint Little Giant
Lowe's Co. Mack's Stores
Ay Mom & Pop’s
Multimedia
Ncnb Corne
N.C. Natural Gas
Northwest Fin, Corp Wa Nowesta Fin
Occidental Life Ins
Srillina Foscue
Piedmont Aviation
Piedmont Reit
Bk Rocky Mt
Ty Rmic Cor
Rival Mig We Rex Plastics
Merchendise
Stoneys
Big Boy i Sonoco Pr
Big Boy i Sonoco Pr $Sa Er Natt
Corp
Spurten Food Systems
Dellars
Ynercon Corp
Ont Inc
Sritits A. International Ve
Robert McCliston
C.L.A
S.hamilton St. Tel
Memiet
North ‘State Patrol
Moving & Storage
Mayflower
Granville
Ang Wewry
Ales Mor
Lae Lasel L
Aol
Stutts
Larry Forrester
William Bell
TWA
Scotland
Cambridge
York
Edinburgh
Lake District
Stratford
Oxford
City State
Zip
World Travel Agency
Carolina Motor Club
North Main St
N. C
George’ P. Glark, G.L.A
RSC Ee
Parotc Eraya Sea
Income & Capital Associates Inc
STO AI Oman
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