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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 17, 1961
Page
5
Prudential predicts 1962 will bring rapidly rising production and a higher standard of living for most Americans. Output is expected to rise to a new GNP record of 566 billion, with unemployment and international balance of payments as the primary unresolved issues.
Household Finance Corp announces 500 gifts totaling 72600 to four year accredited colleges and universities in 46 states including High Point College. Checks range from 50 to 1000 dollars based on full time enrollment. office operates at 106 S Main St.
W F Williamson has stepped down as president of the National Association of Hosiery Manufacturers after illness. The board, meeting in Pinehurst, named Reuben C Ball as president and Matthew Kurtz as secretary effective January 1, with permanent staff reorganized. Williamson served as president since 1952.
A 14,000 square foot two story furniture showroom is under construction in Hickory. Mull Motel Inc. is building the facility near the existing motel and plans to have it ready for use by early spring.
Fred R. Shaw of The Life Insurance Co. of Virginia has been promoted to associate manager in the High Point district. Shaw joined the company in 1958 and is active with the High Point Association of Life Underwriters and the board of stewards at First Church of the Nazarene.
Paul D. Lowder of Thomasville has joined Royal McBee Corp as a typewriter sales representative at the Greensboro office. A 24 year old former U S Air Force Security Service member, he attended High Point College prior to joining the company.
CHICAGO The Merchandise Mart and the American Institute of Interior Designers announce a Place in Space fantasy exhibit in The Mart lobby opening January 8 as part of the International Home Furnishings Market through January 17. Designer Marc T Nielsen heads the ALD Design Awards jury and exhibit highlights award winning home furnishings.
Henry Fonda discusses his new Broadway play A Gift of Time based on Lael Tucker Wertenbaker memoir about an incurably ill husband. He says the story centers on a writer who kills himself and frames it as a universal theme rather than morbid. The show is slated for a spring New York debut.
Dwight F. E. Carroll has been named retail advertising manager by C. W. Patterson. A High Point native, Carroll served on the display staff since 1947 except for 1950 to 1953 with the Air Force. He and his wife Dorothy Barker live at 706 Summit Rd and attend Crestwood Presbyterian Church. he is active in the Masonic Order.
Two key sectors steel and auto led a robust week with steel output near 2.16 million tons and orders near capacity. Auto plants operated overtime as demand rose with plans for higher first quarter 1962 production, while retailers reported booming Christmas sales and rising factory pay. The Morgan Guaranty Trust noted renewed consumer spending and durable goods demand as industrial activity set records.
Richard P. Powers reviews the 1962 centennial observances of the USDA and Abraham Lincoln's 1862 act. He notes the department’s role in feeding the Union, its political battles, and Freeman's push for expanded farm programs while outlining agriculture as the nation’s biggest industry with $206 billion in assets and 7 million workers.
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