Booming Year Seen For City
The High Point business outlook for 1961 is bright says economist Roger W. Babson. The report predicts 2 to 3 percent higher overall sales with a strong second half driven by furniture and hosiery output, rising housing activity, and brisk retail trade across clothing drug grocery and shoe stores. Employment should stay steady with earnings edging higher as new parks and expansions support growth.
MENTIONED IN THIS ARTICLE
Roger W. Babson
High Point
Piedmont
North Carolina
Steel Output Slumps Amid Holiday Slump In 1960s
Steel and auto sectors faced a drop in output with no-strike capacity at 39.4 percent. Production fell to 1,122,000 tons versus 1,325,000 the prior week as automakers cut activity due to weak demand. Car output slipped to 84,909, from 115,115 last week, with December sales among the lowest in years. Dealers moved about 142,000 vehicles in early December.
Outlook for 1961 Promises Better Business in High Point
High Point business leaders forecast a improving 1961 economy with a cautious start. Chamber president Jack Campbell and hosiery chief James Millis cite a gradual rebound, while furniture and retail sectors expect gains from rising confidence and better markets. Industry leaders note competitive trends and policy shifts could aid growth.
MENTIONED IN THIS ARTICLE
Jack Campbell
Chamber of Commerce
North Carolina Schoonbeck
James H. Millis
Adams-Millis Corp
Millis
George Covington
High Point
Covington
Security quotations guide for December 30 1960 bids and asks
Unofficial quotes from the National Association of Securities Dealers and other sources serve as a guide to approximate ranges for securities. The document notes bids and asks at the compilation date and states origin can be provided upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Also Mentioned on This Page
New York
Business Notes
Joe Brown
Kennedy
Campbell
S. Main Street
Leo Heer
Southern Furniture Exposition
Roscoe Adams
M Merchants Assn
American Motors
Rambler
Gurney Snider
Raleigh
George Romney
U. S
Romney
Kent-Coffey Manufacturing Co
Lenoir
Anne Herring
Winston-Salem
Chicago
Basic-Witz Furniture Industries
Edward H. Lane Jr
Lane Company
Basic + Wits
Richard W. Johnson
Park St
DeVry Technical Institute
Wilmington
Diamond Mills Corp
Adams Engineering
Aerotron
Allvac Metals
American & Efird
S*e
American Fidelity Life - Be
Marietta Com
American Marietta
Arnold Stone Co
Atlanta Gas Light
Cereee
Bbs Studios
Bassett Furniture Eeeeeener
Bayless
Carolina Tel
Tel És
Central Elec
Century Food Market
Chatham Mig
Colonial
B'S
Colonial Stores
Commonwealth Life
Coral Ridge
Donnelly
R.R. & Sons
First Sou. Co. Com
First Sou, Co
First’ Union Wath Bank
Franklin Life
Frigikar Oerel J, Sone Eeener
Garfinck
Eae
Pta
Gulf Life Insurance
Hamilton Eres
Hanes
Cnite
Saenes
Helene Curtis
Molida
Énnes “ A Home Insurance Co
Houston Corp
Interstate Life & A
Canada
Ivey
J. Irving
B& Company O
Staene
Jefferson Lake Petro
Jefferson Ltd
Kaiser Steel
Wee
Kavanagh -Smith
Ketchum & Company
Liberty Loan
Life & Casualty Insihre
Life Companies, Inc
Lilly
Lucky Stores
Abla MacMillan Co
Bes Marsi and Casualty Maxson, W. L. Corp
McLean Industries
Miami Window
Miles Laboratories
Moore Handiey
National Dev. Corp
National Life & Accident
Aaa
Meinhard & Company, Inc
Fourth Ave
George P. Clark
New England
Professional Life Insurance Service
N. Main St
Nash Jewelry CO
Nat'l. Bank Bldg
High Point, N. C
Lane
Jefferson
Senting
R. Delbert Kirkman
Bob Mays
Ralph C. Davis
George D. Davis, C.L.U
College
Federal Deposit Insurance Corp
N. Main
S. Main
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