Homebuilding in Greensboro High Point areas up 55 percent
Building activity in the Greensboro High Point area from January to October 1958 rose more than 55 percent over 1957 according to the U S Bureau of Labor Statistics. New housing totaled 1 976 units vs 1 273 the year before with a rise in multi family projects and a steady share of single family homes.
MENTIONED IN THIS ARTICLE
Greensboro-High Point
U.S. Department of Labor
Bureau of Labor Statistics
Bureau
Guilford County
Greensboro High Point
Greensboro
Greensborough Point
High Point
Bassett Furniture sees sales and profits decline in year
Bassett Furniture Industries reports net income after taxes of 2,766,191 for the year ended November 30, with net sales dropping from 49,985,690 to 46,287,728. Federal and state taxes paid totaled 3,007,605. Total assets stand at 19,131,758 against liabilities of 1,606.
MENTIONED IN THIS ARTICLE
Bassett
Stock Mart Gains In Short Week
The in holiday shortened week the stock market posted its biggest weekly gain in over two years. The Associated Press average rose 5.20 to 215.80 as it hit new peaks and the Dow Jones Industrial Average advanced to a record 587.59. The rally followed a strong year end and continued into the first trading day of 1959.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Egypt
Dow Jones
Security Quotations From National Dealers Guide 1958
Unofficial bid and asked prices compiled to indicate approximate ranges for securities as of December 31 1958 with origin of quotations provided on request by news service.
MENTIONED IN THIS ARTICLE
National Association of Security, Dealers, Inc
Fire Sale Starts Early After Furniture Store Burns
Oxford Furniture Co suffered a major blaze that destroyed its single story building eight hours before a scheduled fire sale on reduced items. The fire at 1 am damaged goods from smoke and soot after an oil stove backfire last Monday. Seymour Dworsky estimated losses run into thousands, with local volunteers aiding Stovall and surrounding rural fire departments.
MENTIONED IN THIS ARTICLE
Ture
Oxford Furniture Co
Here
Seymour Dworsky
Oxford
Allen F. Cozart
Ag Stovall
Shoe Firm In Asheboro Expanding Its Factory
B B Walker Shoe Co plans a 20000 square foot addition to its Asheboro factory on Dixie Drive. S E Trogdon & Sons will handle the expansion. Current output runs about 2400 pairs daily with 300 plus employees. For year ending Nov 30 1958 sales totaled 3633996.60 including 456814.15 inter branch business. Projected 1959 sales near 5000000 with 600000 inter branch.
MENTIONED IN THIS ARTICLE
Asheboro
B. B. Walker Shoe Co
Dixie Drive
S. E. Trogdon & Sons
Cal
B. B. Walker
M. R. Williams
Bond Market Uneven Shows Mixed Early 1959 Trading
New year start sees modest gains in stocks while corporate bonds slip slightly as fixed income markets firm. Government issues discount ahead of a large 200 million dollar bond sale by the New York State Power Authority Tuesday. Trading on the Big Board totals 23.6 million par value for four days, vs 17.7 million last week. Treasury notes gain varied on the week with 38 of 1995 up and 3% and 3 1/2% issues showing modest advances.
MENTIONED IN THIS ARTICLE
New York
Treasury
New York State Power Authority
Diffendal Jr Contact Details from High Point
Contact listing for Charles E. Diffendal Jr based in High Point North Carolina includes telephone number 28531 and serves the Charlotte Raleigh and New York City area connections.
MENTIONED IN THIS ARTICLE
Charlotte-Raleigh
New York City
Chas. E. Diffendal, Jr
High Point
North Carolina
Walker Shoe Company Founded in 1947 and Growing
The firm began as a sideline wholesale shoe business by B. B. Walker in 1947 with sales of 12 786.10 that year. It incorporated in 1952 and began manufacturing in early 1956. About 90 percent of employees are stockholders, with controlling interest though over 900 North Carolinians are stockholders.
MENTIONED IN THIS ARTICLE
B. B. Walker
North
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