Furniture trade sails through February amid price pressures
Mid February business notes show the furniture industry enjoying steady sales but grappling with price increases as 1962 eyes a strong year. Housing starts and retailer inventory rebuilding boost optimism, while profits remain squeezed. Speaker Allen W May to address Burnham Van Service Inc annual convention in Daytona Beach. Seyk Baylor Gray joins Joseph Seyk Advertising Design in Goldsboro after 13 years with Bennett Advertising.
MENTIONED IN THIS ARTICLE
Allen W. May
High Point
Thomasville
Burnham van Service Inc
Daytona Beach
Fla
Baylor Gray
Joseph Seyk
Patent Invalid in Fourth Circuit Upholds Ruling
The Fourth Circuit Court of Appeals affirms Judge Johnson J. Hayes’s invalidation of a Kayser-Roth patent in a Burlington Hosiery case. The court cites want of invention and overly broad claims creating uncertainties as the basis for upholding the ruling. The Greensboro area hosts a labor relations seminar with Rep. Phil Landrum as keynote, detailing wage issues and price pressures in textiles.
MENTIONED IN THIS ARTICLE
Fourth Circuit Court of Appeals
Johnson J. Hayes
Burlington Industries
Kayser-Roth Corp
Burlington
Kayser-Roth
Hayes
Greensboro Area
Society For Advancement of Management
Starmount Forest Country Club
Greensboro
Phil M. Landrum
Georgia
Landrum
Bor
Ring- Bers
Ling
Ralph Rochelle
Tomlin Landscapes
Son
Steel Talks Raise Hopes For Economy
AP reports early steel labor talks between 11 major producers and the United Steelworkers Union raise optimism for economic stability. Talks began ahead of the June 30 contract expiry, with 430000 steel workers and over 500000 metal fabricating, aluminum, and related workers in focus.
MENTIONED IN THIS ARTICLE
Jack Lefler
AP Business News
NEW York (Ap
United Steelworkers Union
Kennedy
Luther H. Hodges
R. Conrad Cooper
U.S. Steel Corp
Hodges
Commerce Department
Securities Bid and Asked Prices Guide February 1962
A NASD based unofficial price guide lists bid and asked ranges for securities as of February 16 1962. It notes quotes are not actual transactions and origin of any quotation can be provided on request. The snippet mentions Com 1% Units and Zonolite Company among other items.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
North American Life
N.C. National Bank
N.C
Ohio State Life
Peninsular Life
Pextile Corp
Piedmont Aviation
Piedmont Natural Gas
P & N Railway
Public Soc. of
Adams Speers Ween
Pyramid Life
Aerotron Seeee Peers
Republic Nat'l Life
Allied Security ‘Lite
Rose's
Allvac Metals
Rowe Furniture
American & Efird “Mills
Savannah Elect. & Pwr
American Commercial Agey
Savannah Sugar & Refining
American Discount Oeewetee
Scott Foresman
American Fidelity Life
Scott Mattson Farms
Security Diversified Shs
Wees
Boston Capital
Bowater Paper
Stevens
Cc. M. C. Finance
CFM Corporation
Superior Cable Va
Cannon Mills B' Seeeeeres
Carolina Casualty Ins
Eee
Texize Chemicals Suenotecess
Carolina Natural Gas
Textiles
Carolina P&l
Thermo Plastics
Carolina Steel
Tidewater Natural Gas
Carolina Tel & Tel
Time, Inc
Central Telephone
Towmotor Corp
Central Vermont
Trans Gas Pipeline
Colonial Stores
Travelers Insurance
Sia US Chemical Milling Ee Seees
Colorcraft Corp l6
U.S. Leasing
Sane
Cone Millis
Peseges
U.S
Consolidated Credit See
Wachovia Bank & Trust
Coral Ridge
Walter
Jim
Craig System
Culligan
Western Power & Gas
Donnelly, RR & Sons
Wise Homes
Downtowner
Wright Homes
Drexel Enterprises
Duffy Mott .Al's
Dynatronics, Inc
Eastern Util Assoc
Economic Laboratories
Equitable Leasing
Fidelity Bankers Lite
First Sov. Co. Common
First Sov. Co
Bankeee
First Union Nat'l
Franklin Life
Houston Corp. Huyck Corp
Inter Mtn Tel
Ope
Cana Irving Trust Company
J. B. & Co Ivey, Jackson Minit Mai Jefferson Ltd
Kaiser Steel
Kale Homes, Inc
Kavanaugh Smith
Ketchum &Company
Eeneeee Binance, Inc
Peeeree
Morton Salt VP Otto Schupp Dies in New Orleans At 75
Otto Emil Schupp 75 retired vice president of the Morton Salt Co died Thursday in New Orleans where he had lived for 40 years. He was born in Toledo Ohio and had a lengthy career in the salt industry.
MENTIONED IN THIS ARTICLE
New Orleans
Otto Emil Schupp
Morton Salt Co
Toledo
Ohio
Renault Offer Tests Family Bond in Small Town
Dave returns home as his mother agrees to stay only if a Renault is purchased. The family considers the deal at eight dollars weekly, expressing mixed joy and doubt about the promise.
MENTIONED IN THIS ARTICLE
Dave
Joy
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May
May Transfer and Storage Co
Goldsboro
Peggie White
Randy
Seyk
By Joe Brown
Robert D. Darden Jr
Heritage
Ralph Ga
Reitzel Morgan Converters
Anvil Brand
Ben Farthing
Globe Furniture
Cp&l
William H
Bill) Hall
Carolina Power & Light Co
H. B. Robinson
Hartsville
S. C
Hall
Oscar T. Hall
Gordon Rd
Jamestown High School
N. C. State College
Patricia Carroll
Western Electric Co
Central Piedmont Safety Council
James G. Hanes
Winston-Salem
Jake Palmer Jr
United-Philpot Corp
Lexington
National Safety Council
Chester Davis
Winston- Salem Journal-Sentinel
Marshal Wills
Winston-Salem Chamber of Commerce
J. W. Bean
North Carolina Industrial Commission
The
Surry
Stokes
Rockingham
Yadkin
Forsyth
Guilford
Iredell
Davie
Davidson
Randolph
Arthur J. Goldberg
Studebaker-Packard
Chrysler
Chevrolet
Pontiac
Oldsmobile
Aiv
Zonolite Company
N. Main St
Robert A. McCutstoh
Edgar T. Docbrow
Life Accident & Health
Serce
Meinhard & Company Inc
Park Ave. S
New York
Southern Rep
Otis L. Holland
J. Sturgis May and Co., Inc
N.C. Bank
E. O. Lane
Ifferson Andar
Botany
Sturgis May. & CO
Ermorax Copying Machines
Battleground Ave
Greensboro, N. C
N. Main
S. Main
Federal Deposit Insurance Corp