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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Dec 13, 1959

Page

5

High Point Hatteras Co projects first hull by December

High Point's diversified industry edges toward a new product as Hatteras Yacht Co expects the first hull to exit the mold in late December after finishing the hull plug pattern. Engines and other hardware are on order while a 40 foot hull promises 36 mph and stable, dry running.

High Point The Hatteras Yacht Co Miami Owens - Corning Fiberglass Corp G. Nolan Bearden Irwin Belk Harry Carter W. J. Carter Harriss Covington Heny A. Foscue Sidney Gayle Frank Holt Gordon Hoover Edward Kelley Geoge Lyles Curtis Smithdeal John Slane

Economic Vane Shows Sixth Week of Growth and Steel Peak

The Herald Tribune News Service reports a sixth straight weekly rise in the business activity index to 190.5 as of December 5, with November 28 at 181.8 and December 6, 1958 at 181.9. Steel operations reach 94.3 percent or 2,671,000 tons, a new peak surpassing the prior 2,657,000 tons. The Dun and Bradstreet wholesale food index falls 4 cents to $5.88 per pound, 7.8 percent below the year-earlier level, with gains in hams potatoes and sugar and declines in coffee eggs tea and beef.

Herald Tribune News Service New York Dun & Bradstreet

Big Surge In Auto Sales Seen By Raymond Hoadley

New York reports a commerce forecast of 6.7 million cars for 1960, a 22 percent rise from 1959 and the highest since 1955. Growth hinges on a steel strike settlement, with auto production aided by rising personal income, replacing demand, suburban expansion, and highway growth.

Herald Tribune News Service New York United States Department of Commerce Commerce General Motors Collins and Aikman American Motors Milk Industry Foundation Prudential Insurance Co

Guest book comments at new Tucson bank office

A Tucson bank opens with notes in its guest book from a Greenwich Village visitor praising the bank, a Tucson girl expressing a hope to invest, and a local attorney thanking the bank for its service.

Tucson Ariz Greenwich Village N.Y

Securities Bid and Asked Prices Circulated December 11 1959

Unofficial quotations from the National Association of Securities Dealers and other sources serve as a guide to approximate ranges the securities could have sold for or been bought at the time of compilation. Origin of quotations available upon request.

National Association of Securities Dealers, Inc

Long Range Investment By DONALD I ROGERS IN NY

The piece notes Duff, Anderson & Clark partner Charles V. Kinter highlights a list of 20 blue chip stocks as long range examples for future planning. Companies include Aluminum Company of America, Corning Glass, Dow Chemical, General Electric, General Foods, General Motors, Goodyear, IBM, Merck, Minneapolis Honeywell, 3M, Parker-Davis, Procter & Gamble, Sears Roebuck, Standard Oil of New Jersey, Texaco, US Steel, and Tinhouse, with caution on high earnings multiples and low yields.

Herald Tribune New York Charles V. Kinter Duff, Anderson & Clark Aluminum Company of ‘America Corning Glass Down Chemical General Electric General Foods General Motors Goodyear Interational Business !Chines Merck Minneapolis Honeywell Minnesota Mining Parke-Davis Procter & Gamble Sears- Roebuck Standard of New Jersey Texaco United States United St

Also Mentioned on This Page

By Joe Brown Dayton Rubber Kool’oam G. S. Williams Peerless Inc Armstrong Cork Co Lancaster N. C E. C. Lane Jefferson Standard Life Insurance CO Greensboro, N.C Complete Insurance Service John W. Hermon A. Main ST Robert Mecapton Jeferson Jefferson Standard France Benf, Garner By Raymond Hoadley Schering Corp McNeil Laboratories Senate Ayerst American Home Products Corp Volkswagen West Germany Henschel- Werke Mexico Rogers Insurance Agency Bia Aled Meinhard & Company, Inc Fourth Ave Adams Ne Allvac American Hospital Supply American Marietta Pfd Vi Arnold Stone Co Atlanta Gas Light Atlantic Steel Bassett Furniture Auto Finance Black Panther Blue Bell, Inc Bowater Paper Butler's Shoe CMC Pinance A. Cannon Mills Cape Fear Carolina Casualty Ins Carolina P.&l Carolina Tel. & Tel Carolina Wholesale Fist Central Elec. & Gas Central Telephone Century Food Carey Chatham Mfg. Co Colonia Commonwealth Life Colonia Coral Ridge Eee Ae Deihia Ae Eeeregerese “Ee Sons Cracket Pasastern Ort Asse Economic St Ang Electronic Accte Cord ‘ P&p Finance Erwin Mills First Charter Piret Net Phoenix Union Franklin Yd J. Voom Portland Griges Guardian Consmr Uip Nn O Guardian Cullford Nat Bank M's Hamilton Mfe Hanes, PH. Knits Holiday Inns 21 Ome Finance Group Home A Co Hous’ A Houston O1 Pinta Eee Inter Syn Canada Seeeves Irving Trust Co Ivey, J.B Lake Petro Jefferson Ltd Life Kaiser Stee Ketchum & Co Lau Blower Lenoir Finance Lexingstone Life & Casualty Life Co., Inc Life Ins. of the South Lilly & Co Lone Star Steel i Life Stores MacMillan Co Maryland McLean Industries Maxson, W. L Miami Window Pfc Miles Labs Tne Miss Moore Handley Hdware Nat'l Nationwide Nat Life & Accident Old Line Life Inc New Hampshire North Amer, Life Senee N.C Nat'l Gas Ohio State Life Penn Fruit Co T Aviation Provident Sve Republic Nat'l Life Eee Rowe Furniture Eell Shield Bantam Eee Ween Sesunee Me & Trust By Donald I. Rogers Thermopilastics Renee Tidewater Towmoter Corp Wachovia Bank Walker, BB Walter Jim Ween Watson Broth Aee Western Carolina Tel West Point Mig. Co Wise Homes Iste Zonolite Co An Ae George P. Clark NEW England Mines LFE Professional Life Insurance Service Main St Investment Services Charles Diffendal Diffendal Carolina Securities Corperation Midwest Stock Exchange Insurance Raleigh Florida Furniture MFG Flora City Fla Ala Florida Realty & Securities Corp Prudential Oes Jacksonville J. Sturgis May & CO High Point, N. C Wachovia Bank & Trust Beaman Engineering Piedmont Natural Gas Piedmont Nat'l Gas 23 Textile Insurance Co Mac Panel Co 50 Fair Lanes, Inc Scott Mattson Farms Southern Furn. Exposition North State Tel High Point Savings & Trust Security Bank Bldg Higk Pony Savings and Trustpgm North Main S. Main Member Federal Deposit Insurance Corporation
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