Holiday retail optimism and new local business growth
With two weeks to Christmas shoppers remain confident as demand holds and stores report stronger quality over price. Duke Power records safety milestone. Wilson & Co. earnings rise. Jewel Box Stores expands with 72 locations. Atwood and other firms project 1966 gains.
MENTIONED IN THIS ARTICLE
Jewel Box Stores Corp
Lawrence M. Cohen
Jason Park
Jewel Box
S. Main St
Cohen
New York
Florida
Greensboro
Market prices quoted by NASD inter dealer peers at 3 PM
The clipping lists representative inter-dealer prices from NASD as of 3:00 p.m. Thursday. It names numerous companies across sectors including insurance, banking, gas and utilities, manufacturing, and retail, illustrating a broad snapshot of market participants.
Auto and appliance makers cut back on production
Lagging sales and price increases hit automakers and appliance makers during the week. General Motors cut 8.3 percent in two stages, laying off 4,000 workers in several plants with more cuts planned by Jan. 9. Chrysler and GE also announced layoffs or shutdowns, while Ford and American Motors faced minimal cuts. Auto production for the week fell about 2.45 percent from the prior week and 6 percent from a year ago.
MENTIONED IN THIS ARTICLE
New York
General Motors Corp
Atlanta
St. Louis
Arlington
Tex
Willow Run
Mich
United States
Chrysler Corp
Detroit
Los Angeles
Ford Motor Co
American Motors Corp
General Electric Co
Louisville
Whirlpool Corp
St. Joseph
General Motors
Chrysler
Ford
American Motors
People who miss the freedom train quote and coronation note
A quotation about people missing freedom by attempting to rise above their station and a reference to Queen Elizabeth II being coronated on January 15 1959 noting Britain’s monarch.
MENTIONED IN THIS ARTICLE
Queen Elizabeth II of
Britain
Mortgage money makes a house a home and income
The saying advises leaving enough money to cover the mortgage so that family can live in the house as a home or sell it as an asset or rent it as income. It emphasizes financial security through mortgage relief and property value.
Richardson Named Vice President of Samet Construction
Samet R. R. (Bob) Richardson, a Kinston native and NC State graduate, is promoted to vice president at Samet Construction Co. He will handle job estimation and construction. Richardson has worked in North Carolina construction since 1952, is married to Lilli Kressling of Massachusetts, and they reside with their four children in Mooresville.
MENTIONED IN THIS ARTICLE
NAM
B. B. Walker
Walker Shoe Company
Asheboro
National Association of Manufacturers
Davidson College
Walker
McCrary Hosiery Mills Co
B. B. Walker Shoe Co
Seagrove Textile Co
Bender Shoe Co
Somerset, Pa
Huch Leather Co
Chicago
National Footwear Manufacturers Association
Atwood
Paul E. Floyd
High Point
NCNB
J. Ed Pleasants
Floyd
N. Main
North Carolina National Bank
UNC
High Point College
American Institute of Banking
Greenwood Hills Methodist Church
Lions Club
Ruby Harris
London Dr
W. Green Drive
Lynn
Alexander
Bob Jones University
Lexington Avenue Baptist Church
Gladys
O'Neill St
R. R
Bob) Richardson
Samet Construction Co., Inc
Kinston
Richardson
North Carolina State University
Lilli Kressling
Massachusetts
Mooresville
Also Mentioned on This Page
Computer Service
General Computer Services
Wachovia Bank
GCS
William H. ‘Miller
Miller
Piedmont
Charlotte
Duke Power ‘Co
P. Julian
Duke Power
F. Y. Drum
Edison Electric Institute
Ees
Wilson
Wilson& Co. Inc
Service
Advertising Council
Ing
American Red Cross
Boys’ Clubs
Boy Scouts
Peace Corps Volunteers
Religion Inerican
United Negro College United Communityes
USC
YMCA
Atwood Corp
William C. Sweeny
Southern Die Casting
W. R
Bill) Shaffer
Murray M. White, Incc. General Insurance Agency
Shaffer
Jane Shelton
Kannapolis
Hillside Dr
The
High Point Administrative Management Society
Ralph Hart
Harris Realty Company
Hart
Central Appliance Co
Robert G. Culp JR
Foreign Policy Assn
New York City
William Leon Webb
English Motor Co
Ford Motor Company
Atlanta Marketing Institute
Murray M. White JR
Murray M. White
National Fire Protective Assn., Inc
G. S. Williams
Peerless, Inc
Armstrong Cork Co
Lancaster
Lewis 0. Hunt
Life Insurance Co
Virginia
Richmond
Jerry Conrad
Burris Chair, Inc
Lincolnton
Associated Press
Aerotron Alley
Peps! American
Efird
American Seen
American Fidelity
American Land
Atlanta Gas Light Automatic Service
Barber Greene Bassett Furn Blue Bell, Inc
Paper Brush
Beryllium
Carolina Cap
Carolina Casualty Ins
Carolina Freight Carriers
Carolina Natural Gas Central Carolina Bank Farmers New World Fidelity
Bankers Life First Union Nat
Franklin Life Somer Realty Core
Ona
Gulf Life Ins
Hardees Sys
Hardees S
Hatteras Acht
Henredo
Jack Lefler
AP Business News
Metro - Goldwyn
Hornblower & Weeks
Hemphill Noyes
New York Stock Exchange
W. Gaston St
Geo. G. Jones
Charles E. Diffendal
Robert
High Point Bank
Edgar “T
Poobrow
Group Insurance
Bob UL. Parrish
Cl.u
Bilol Li Insurance CQ
First Union Nat'l Bank Bldg
Professional Life Insurance Service
Geo. P. Clark
Lyon
Mutual Life Insurance
America
New England Life
Hayden Pla
E. O. Lane
Jefferson Standard
Travelers
Hartford
Conn
John Diffendal
Piedmont Insurance
Henredon Furn
Kavaugh-Smith
Carolina
Hatteras Yacht
North State Tel. Co
J. Sturgis May & CO
N. Car Bank
Payne
Crown Printing
CALL
North Wrenn
Joe Honeycutt
Occidental
North Carolina
Home Office
Raleigh
Atma Ae Cov
LE Ca
General ‘Insurance
North Main Street
High Point, N. C
John W. Herndon
John C. Hawkins
N. C
Greensboro - High Point
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