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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

Jan 12, 1964

Page

7

Economic Outlook Panel Set At Starmount Forest Club

Dr. Wendell Patton will moderate the fourth annual economic outlook panel January 14 at Starmount Forest Country Club. The event, by the Society for the Advancement of Management, features Thomas I. Storrs, Harold Whitcomb, and Henry Snyder. It aims to guide local firms on 1963 trends and planning. James B. Anthony named Aberfoyle’s NC and VA representative. Ronald W. Cocking wins Befton Award for Great Books of the Western World. Honeycutt honored by Occidental Life Agency. 3M 1963 sales projected at 760 million. Grayson A. Smith joins Harris Realty. Farlow opens Motorola-Dahlberg hearing aid office. Wilson & Co. domestic sales decline slightly.

Wendell Patton High Point College Starmount Forest Country Club Area Chapter The Society For the Advancement of Management Thomas I. Storrs North Carolina National Bank Greensboro Harold W. Whitcomb Fieldcrest Mills Inc Spray Henry F. Snyder Western Electric Co Winston Ronald W. Cocking High Point Enerprise William Befiton Great Books William Behton Encyclopedia Britannica Inc Cocking Elligott City

Securities quotations and 1963 earnings remarks

The piece notes unofficial bid and ask ranges from NASD sources as of January 10 1964 and provides 1963 earnings figures. It states subsidiaries totaled 7 261 031 dollars versus 7 600 894 a year earlier foreign dividends added 436 756 to 1963 net earnings, compared with 358 524 in 1962. After dividends on preferred stock 1963 earnings were 2.84 per common share on 2 292 926 shares, vs 2.98 in 1962. Net income per sales dollar was 1 cent, slightly below 1.1 cents in 1962.

Bert S. Cross St. Paul, Minn Dynacolor Corp Cross Wilson & Co. , Inc National Association of Securities Dealers, Inc

Stock indices rise to new highs amid broad weekly gains

The North Carolina National Bank stock index gained 6.6 points for the week ending Jan 10, reaching a second straight all time high of 276.5 as major indices climbed. S and P 500 closed at 76.24 up .74, Dow Jones at 774.33 up 6.65, AP 60 at 289.4 up 2.2, textiles firms mixed with Enka up 5 percent and Riegel down. Insurance stocks led gains with Jefferson Standard up 6 to 121, and dividend news affected Citizens and Southern National Bank of SC dropping 11 points to 106.

North Carolina National Bank Carolinas Standard and Poor Dow- Jones Associated Press American Enka Collins and Aikman Hanes Burlington Industries Cannon Jefferson Standard Security Life Liberty Life State Capital Life S. C. Insurance Palmetto State Life Citizens and Southern National Bank of South Carolina Northwestern Consolidated Credit

Also Mentioned on This Page

Frank Warren Aberfoyle James B. Anthony Aberfoyle Manufacturing Co North Carolina Virginia William G. Wetterlein Anthony University of North Carolina N. C. State School of Textiles Tal Life Insurance Co Holiday Inn Honeycutt Occidental Piedmont Carolina Grayson A. Smith Harris Realty Co Lee Institute Grayson High Point Sherman Laboratories Evelyn Martin Smith Smith’ Insurance Agency Charles W. Farlow W. Green Street Motorola-Dahlberg Thomiasville Farlow Ncnb Stock Index National Dev Corp Southern Frontier Winenes National Food Southern Nitrogen Ve National Life & Accident Southland Life National Old Line Life State Loan & Finance Ed Britain Machine Stevens American Life NC National Bank Still-Man Mfg Superior Occidental Life Texize Chemicals Ae Ohio State Life Textiles, Inc Thermo Plastics Peninsular Lite Thomasville Furniture Ind Alice Land Dev Textile Corp Tidewater Natural Gas Allied Security Ins P & N Railway Time, Inc Allvac Metals Piedmont Aviation Towmotor Corp American & Efirdova Piedmont Natural Gas Water Trans Bus System van Pierce & Stevens American Fidelity Life Public Service of NC Travelers Insurance Pyramid Life Um Travelodge Corp Rowe Republic National Life U S Leasing Eaertaee Sternleee Savannah Elec Power Us Realty Atlanta Gas Light Wachovia Bank & Trust BBS Studios Savannah Sugar & Refining Scott Foresman Walker Waiter Jim Bassett Furniture Scott Mattson Farms Western Carolina Billups Western Ad Eeerey Life & Trust Western Power & Gas Blue Bells, Inc Sonoco Products Whitin Machine Works Boston Capital, Inc Sorg Paper Company Wright Homes Bowater Paper Carolina Casualty Ins Carolina Carolina Natural Carolina P & L Carolina Tel Dynatronics, Inc Eastern Utilities Eazor Express, Inc Wiha Eckerd Drugs of Flaseenenes Electronic Accty Card Fieldcrest Mills, Inc First Southern Weene First Union National Bank Saseerecebs Fox Stanley Franklin Georgia Inc Great Southern Real Estate Gulf Life Insurance Hami Wa Harris- Hanes P H Knitting Horne’s Enterprises Huyck Corporation Intermountain Tel Interstate Life & Accident Syn of Canada Jackson Minit Ivey, Jefferson Ltd Life Ins Kaiser Steel Kavanaugh-Smith Ketchum & Company Kentucky Central Life Lance, Inc Life & Casualty Lilly & Company Eli Lowe’s Companies Luck’s Inc M & F Graphic Arts McLean Industries Moore Handley How Ncne Stock Index South Carolina PACT New South Motor Inn S. Main St First Union Hayden Place Isita Ranch Isita W. Green Evelyn Smith Mgr. Hylton Bidg N. Main Dial Edgar T Bob L. Parrish C.L.A First Union National Bank W. Washington and Pied Lylb Insurance N. Main St High Point, N. C George D. Davis, C.L.A R. Delbert Kirkman Robert E. Long William R. Taylor JR Ralph C. Davis Connecticut Mutual Life Wachovia Bank Bldg Greensboro, N. C Guilford County N. C S. Hamilton St H. A. Wood O, Newman Asst Prospect St Ar Shat Realty Co Westwood Bertrand Russell Thomas Jefferson Mary Baker Eddy George P. Clark NEW England Life Ahean Mutual Life Insurance America Joe Honeycutt Life Insurance Wickliff Ave High Point’s Remington Land Globe-Wernicke, Alma, Designcraft, J.G. and Domore REMEX Office Equipment CO Charles F. Mann Jr J. Sturgis May & Co Over Wall Street Congress Securities & Exchange Commission SEC P. F. Fox & Co, Inc New York City J. Sturgis May ‘& Co
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