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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

Feb 04, 1962

Page

5

Hosiery Trade Sees Slow Start but Gains Momentum in January

The hosiery industry reports a slow post Christmas start but gradual improvement through January. Weather disruptions hinder retailing and sales, with many wholesalers inactive, while some firms run ahead of last year. High Point Machinery opens Hickory office. several executives join Smithdeal Realtors and NAM committees. Council director Clarence Ilderton named NC Oil board member.

Chicago High Point Machinery Co. Inc Hickory David A. Smith Alfred N.whisnant Shirley Black High Point 510 Manor Dr Smithdeal Watson and Setliff Realty Co. Inc Smithdeal Organization Whaley Brown-Whaley Realty Co High Point College Electronic Accounting Card Corp Conrad Memorial Baptist Church The Kiwanis Club the Masons the Shrine Patsy Bayne Bridges St

Labor Peace Hopes Rise as Steel Production Up

Hopes for steel industry labor peace grow as production increases and contracts near expiry. United States Steel Corp chairman Roger M. Blough backs early negotiations but rejects a 32 hour week, while the United Steelworkers union plans a policy committee meeting in Pittsburgh and Labor Secretary Goldberg urges early bargaining.

Roger M. Blough United States Steel Corp United Steelworkers Union Pittsburgh Arthur J. Goldberg Goldberg

Peace In Steel Likely as Economic Panel Seeks Unity

The Economic Committee predicted a demonstration of industrial statesmanship on both sides could avert a strike. Weekly steel production rose for the eighth time, reaching 2,390,000 tons at about 79.4 percent capacity. Auto demand remained strong while inventories were being drawn down. President Kennedy called for a probe into the emergency stockpiling program, noting $7.7 billion in materials with excess of nearly $3.4 billion and limiting acquisitions to three minor items. A new Outdoor Recreation Commission proposed expanding leisure facilities, with 1976 projections of a 36 hour work week and consumer income rising to $706 billion.

AP Business News NEW York Kennedy Senate Congress

Also Mentioned on This Page

W. S. Petree Melrose Hosiery Mills N. C High Point- Greensboro T. R. Pitts Myrtle Desk Co National Assn. of Manufacturers NAM Smithdeal, Realtors M. P Pat) Watson Durant Whaley Watson Air Force Southern William D. Alford Southern Operations Industrial —Lithographic Co. Inc New York City Alford High Point i Chattanooga South A & S Dry Transfer Co Delk Dr Clarence Ilderton North Carolina Oil By Joe Brown National Association of Securities Dealers, Inc Moore Handley Nat'l Dev. Corp Nationwide Homes Nationwide Nat'l Life & Accident Old Line Life New Britain Machine North American Life N.C. National Bank N.C Wieese’s Weewene American Sterilizer Rowe Furniture Cenes Atlanta Gas Light One Savannah Elect & Pwr BBS Studios Shield Bantam Bassett Furniture Seteeeee Scott Foresman Bevis Shell Homes Scott Mattson Farms Billups Western Petroleer Blue Bell, Inc Seseweee Security Diversified Boston Capital Eeeeeneee Security Group Bowater Paper Eee Neeeenee Security Life & Trust Brush Beryllium Covsee Sonoco Products C. M. C. Finance Aeneweeennee Hs Ha Soroban Engineering Stevens Carolina Steel Saveeeeee Caroling Tel & Telcess Central Vermont Telechrome Colonial Stores Texize Chemicals Benenene Oe Textiles, Inc Ee Trans Gas Pipeline Craig System Travelers Insurance Seeere Crumpton Builders Enero Oe Culligan, Inc Donnelly, RR & Sons U.S Chem. Milling Drexel Enterprises U.S. Leasing Teeeeenee Wachovia Bank Fox Stanley Franklin Life Wd Futterman Corp Garfinckel J. Common General Shale S.E. Did Georgia International A. P. Green Neee Griggs Equipment Gulf Cities Gas Gulf Life Insurance Hamilton Hanes, P. H. Knitting Harris-Teeter Holiday Inns Horne’s Enterprises Houston Corp. Sheewenee Huyck Corp Wueeeerr Eaee Inter Mtn. Tel Interstate Life & Accident Bees Syn. of Canada Irving Trust Company Ivey, J. B. & Company Hey Jackson Minit Jefferson Lake Petro Jefferson Ltd Life Pension N. Main St Robert A. McCuiston Edgar T. Docbrow Accid Ent & Health Group First Mortgage Loans Lance, Inc J. Sturgis May & Company Citty Battleground Ave Greensboro, N. C Labor Ry Jack Lefler Gressional Economic Committee J. Sturgis May and Co., Inc N.C. Bank Bldg E. O. Lane Fitness Seco Jefferson Standard Nevi Ave. S New Y Southern Rep Otis L. Holland Greensboro Textile Corp B.B.S. Studios Textile Ins P.B.M.L. Insurance Pearce Vivle Houston Corp Botany Industries Redwing Carriers Allvae Metals Datci Gen TV Bank High Point Savings and Trust CO Federal Deposit Insurance Corp N. Main S. Main
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