Growth in High Point stock brokerage draws regional firms
High Point sees growing demand for investment news and brokerage activity. McCarley & Co of Asheville opens a branch to serve the Furniture City with direct lines, while Alex Brown & Co plans service via direct lines pending approval. Textile Insurance Co aims to expand into marine insurance given strong stockholder response to a new offering. Four mirror firms and an official appeal Supreme Court review their price fixing convictions. T. P. Coleman will teach a furniture sales course in January for Hickory area dealers.
MENTIONED IN THIS ARTICLE
High Point
McCarley & Co
Asheville
Furniture City
McCarley
the Next
Alex Brown & Co
Greensboro
George Jones
Jones
First Securities Co
Textile Insurance Co
Textile
Insurance Commission
Marine Insurance
U. S. Supreme Court
T. P. Coleman
Southern Retail Furniture Assn
Hickory
Newton
Maiden
Conover
Chemist to Talk on Plastics and Resins in Piedmont
Dr. Charles L. Levesque of Philadelphia will address Central N C Section of the American Chemical Society at High Point College on Wednesday night at 8. The free meeting in the Science Building invites all in paint textile and coating industries. Levesque will discuss acrylic vinyl and polyester plastics and their manufacture and uses.
MENTIONED IN THIS ARTICLE
Charles L. Levesque
Philadelphia
Piedmont Area
N. C
American Chemical Society
High Point College
Piedmont
Southern Paint and Varnish Production Club
ASC
Levesque
Ing
Rohm & Haas
John H. Whiteside
High Point
Whiteside
Greensboro
Winston - Salem
Local Manufacturers Face Likely Minimum Wage Increase
High Point industrial leaders cautiously expect a federal minimum wage rise to 1.25 dollars an hour possibly within a year. They warn spillover effects would raise wages for higher earners, affect payrolls across hosiery and furniture sectors, and prompt staged adjustments as firms tighten personnel and reestablish wage differentials.
MENTIONED IN THIS ARTICLE
High Point
J. Spencer Love
Burlington Industries
Post Office Department Largest U.S. Civilian Employer
The United States Post Office Department is the largest employer of civilian labor in the government, with the Veterans Administration ranked second.
MENTIONED IN THIS ARTICLE
The
United States Post Office Department
Veterans Administration
Tax Tip on Shifting Medical Expenses Across Years
The article explains how medical expenses exceeding 3 percent of adjusted gross income can be deducted up to set caps. It advises delaying large bills to 1959 for full deduction, and suggests borrowing $1,000 to pay deductible bills now, noting potential tax savings and that interest becomes a deduction next year. It covers age exemptions and variations for joint or separate returns.
Stock market eases after volatile weeks in New York
The market showed a calmer week with small daily price changes in major stocks. Traders noted some stocks rose sharply on special ties but generally faded in subsequent days, keeping overall activity subdued.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Obituary Notice for William Schumann
William Schumann died at his St. Petersburg Florida home after a heart attack. He retired last year after serving as vice president in charge of manufacturing at Diamond Hosiery Co from about 1948 to 1957. The body was taken to his daughter's home in Chattooga Tennessee for burial.
MENTIONED IN THIS ARTICLE
Diamond Hosiery Co
William Schumann
St. Petersburg
Fla
Chattahooga
Tenn
Schumann
Diamond
Bond Market Slips as Rates Rise Wall Street Week
Bond prices across U S government and corporate sectors declined as money tightens and short term rates rise. Long term Treasuries dropped half to three quarters point. corporates and utilities eased. rails and industrials slightly firmed. Trading rose on the Big Board to 31.89 million dollars value, with several issues marking weekly declines.
MENTIONED IN THIS ARTICLE
New York
U.S
U.S. Treasury
Also Mentioned on This Page
Joe Brown
Peek-a-Boo Tomlinson
Sidney H. Tomlinson Jr
Tomlinson
Ask Review
Pittsburgh Plate Glass
Pittsburgh
Galax Mirror
Galax
Mount Airy Mirror
Mount Airy
J. A. Messer Jr
Supreme Court
Carolina ‘Mirror
North Wilkesboro
Stroupe Mirror
Thomasville
Virginia Mirror
Martinsville
Weaver Mirror
Rocky Mount
Moore Handley Hardware
Na- Nationwide Corporation
Nations Life & Accident
Ens Penn Controls
Penn Fruit Co Common Penn Fruit Co
Pfandier-Permutit Company
Piedmont Aviation Piedmont Natural Reference
North RR
Postal Life Insurance Co
Provident Life & Accident
Public Service Company
Adams Engineering
Pyramid Life Insurance
Rawleish
J. N. Coween Tetas Aircraft Radioary Reeves
Republic National Life
Ovens Sie
Allvac Ceeerenees
Roberts Eeeenee
Amer Comm
Amer & Efird Mills
Oseneeeary
Amer
Etere Eee
Bank of America Eeneee Suse
Brand Life Insurance
Bassett Furniture
Tad Aes Pruit & & Finance
Billups Eastern Petroleum
Blue Bell, Inc
Bowater Paper Corp Ltd
Stevens
Butler's Inc Coreeees
Superior
Cannon Mills
Weneeee Sutton, O
United Ins. Co. of America
U.S. Life Ins
Wachovia Bank & Trust Co
Commonwealth Life
Walter Pete
Tee
Watson Brothers Trans
Cone Mills
Western Carolina Tel
Seeeere Cesee BB
West Point Mfg
Wise Homes
Donnelley, R.R. & Gons
Outowwer Arene
Zonolite
Weeneee
Eastern Utilities Associates
Guilford National Bank
First Southern Co
First Southern Company
Gulf Cities
Hanes
P. H
Holiday Inns of America
Houston
of Canada
See ‘Trust Company
Ketchum & Company
Levingstone
Charles Levesque
Love
Bureau of Labor Statistics
North
South Carolina
Wachovia Bank & Trust
Public Service of
N. Car
Food Mart
Electronic Accty. Cord
Scripto, Inc
North Carolina
Jefferson Standard Life
J. Sturgis May & CO
Stocks & Bonds
Santa
Security
God
George D. Davis
N. Main ST
E. C. Lane
Jefferson Standard Life Insurance CO
Greensboro, N.C
J. Wilson Rogers Insurance Agency
W. Green
North Main
S. Main
Member
Federal Deposit Insurance Corporation
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!