Borden Buyout and Company Appointments Outline
News brief covers Borden Company nearing acquisition of Smith Co a fertilizer and animal feed firm with 15 plants across nine Midwest states and a 3 year integration plan. Also notes Singer Company appoints Eugene D ee as manager and Mack Henderson as domestic sales manager with duties in US Canada and Mexico. Colonial Stores declares 50 cent per share preferred dividend and reports first half 1964 sales and profits increases. Liberty Life Insurance reports strongest sales gains in first half 1964 and names Paul F Schnabel Jr as an officer.
MENTIONED IN THIS ARTICLE
Borden
Borden Company
Smith Co
Smith
Midwest
Singer
Eugene D
Dicen A Sess
Singer Company
Fidelity Division
Mark A. Lolatte
Mack Henderson
United States
Canada
Mexico
Colonial
Security Quotations From The Associated Press In North Carolina
The following bid and asked prices are unofficial and not transactions. They serve as a guide to approximate ranges for securities as of August 13 with origin of quotations available on request.
MENTIONED IN THIS ARTICLE
Associated Press
North Carolina
National Association of Securities Lets, Inc
Maharani Plans Visit To U.S.
Maharani travels to the United States following Sikkimese noble custom after the birth of her first child Prince Panden born February 20.
MENTIONED IN THIS ARTICLE
Maharani
U.S
Gangtok
Sikkim
United States
Prince Panden
NCNB Stock Index Edges Up as Carolina Firms Weaken
The North Carolina National Bank stock index rose 3.7 points to 316.3 in the week, with 81 index components showing mixed moves. Gains in finance and some manufacturers contrasted losses in Cone Mills and Thomasville Furniture, while tobacco and insurance shares posted modest advances.
MENTIONED IN THIS ARTICLE
North Carolina National Bank Stock
Hanes Kiting
Steench Retervoioes
Ates
Thomasville Furniture
American Lance, Inc
Walker Shoes
Edgcomb Steel
Jim Walter Cr
Banking and Finance
Finance
NCNB
Line
South Carolina National Bank
Jefferson Standard
Security Cok Seteadt Ue
Ter Life
Pyramid Lite
Sheraton Hotel Renovation Aims for October Completion
Interior renovations at the aging Sheraton Hotel are under way with a goal to finish by October 1. Richard Wright, secretary treasurer of the owner corporation, said the project includes a 30 by 126 foot lobby redesign and air conditioning. Exterior work should wrap by January 1, and the hotel restaurant, The Coach House, has already been renovated and is operating.
MENTIONED IN THIS ARTICLE
Sheraton Hotel
Richard Wright
Wright
Rte
Food Shortage Triggers Brawl in Bombay
In Bombay India a food shortage sparked a clash as crowds clashed amid rising prices and scarce supplies. Police monitored chaotic streets as vendors and shoppers argued over limited food rations and basic staples.
Capital Spending Booming Across Industries
AP reports a surge in corporate capital outlays across metals chemicals utilities and others driven by tax cuts and strong demand. Companies announce improvements and expansions at mining aluminum iron and fabrication sites including Sparrows Point Lackawanna and Johnstown facilities. Commonwealth Edison plans a high voltage transmission line over four years costing above $90 million.
MENTIONED IN THIS ARTICLE
Jack Lefler
AP Business News
NEW York (Ap
Sparrows Point
Lackawanna Works
Buffalo
N.Y
Johnstown
Commonwealth Edison Co. of
Chicago
Also Mentioned on This Page
By Joe Brown
Union Bay Plans
Said
Singer Report
The
Singer Company Reports
Prudential Milestone
Mobil
Colonial Report
Industry Chairman
Convention J. J. Barnes Jr. of
Fayettenodal Oemagg Shap Bore Heating-Cooling Contractors
Liberty Life
Liberty Life Insurance Co
Southern
Paul F. Schnabel Jr
American & Eford
Atlanta
Western
Carolina Mills, Inc
Carolina
New Britain
National Bank N.C Co
Sma Telephone
Ohio State
Peninsular Life
P & N Railway
Piedmont Pierce & Stevens Chem
Public Service of N.C
Republic Natl Lite
Savannah Elec. & Pwr
Savannah Sugar & 1
Security Lite & Trust
Sterling Inv Fund
Still-Man Mfg Superior Cable Texize Chemicals Textiles, Inc
Tidewater Natural Gas
Trans Bus Sys
Trans Ges Pipeline Insurance
United Family Life Wachovia Realty
Walker
Caroling Tei
Western Power & Whitin
Wright Homes
Bexley, Ohio
Philip H. Gellman
Sheraton
Ncne Stock Index
South Carolina
Ncnb Stock Index
Carolinas
Carolina Power
Powell, Kistler & CO
New York Stock Exchange
American Stock Exchange
Greensboro
Charlotte
North Main Street
N. Main St
Thomasville
Joe Honeycutt
Bombay
India
Connecticut Mutual
George D. Davis, C.la
R. Delbert Kirkman
Ralph C, Davis
William R. Taylor, Jr
Eeeeeee
High Point, N. C
Wachovia Bank Bidg
Greensboro, N. C
Occidental
Wickcliff
Professional Life Insurance Service
Geo. P. Clark
C.L.A
Lyon
New England Life
Mutual Life Insurance
America
Robert A. McCliston
High Point Bank
John Diffendal
Piedmont Insurance
Nationwide Corp
Vance Sanders CO
North Carolina Bank Bldg
Edgar T. Docbrow
Life Insurance
Bob L. Parrish Co
First Union
Nat l. Bank
Ae Cu
KAY General Insurance
High Point, N.C
John W. Herndon
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