High Point leads Fifth District debits in 1956 despite dip
High Point posted a 1956 decline of one percent in December but still topped the Fifth Reserve Bank district in debits for the year with 671.6 million dollars, a ten percent gain over 1955. Raleigh rose 9 percent for December and Winston-Salem 11 percent for the year. The state averaged seven percent district wide.
MENTIONED IN THIS ARTICLE
High Point
Fifth Reserve Bank
Furniture City
Raleigh
Winston- Salem
North Carolina
Mooresville Mills
Burlington Industries
Security Bank
Harold Callen
Mooresville
Seidman & Seidman
Comeee
Market Retreats From High September Mark
New York reported the stock market easing from the interim high set last September as traders took profits near the peak. The Associated Press average of 60 stocks touched 182.10 at noon then closed at 181.50, down 50 cents for the week. News was light, with mixed advances and more new highs than lows among 1,503 issues. Top active shares included General Motors, Avco, Columbia Gas, Standard Oil New Jersey, and Vertientes Camaguey Sugar.
MENTIONED IN THIS ARTICLE
New York
Wek
Associated Press
Eisenhower
Near East
Eden
New York Stock Exchange
General Motors
Avco
Columbia Gas
Standard Oil
New Jersey
Vertientes-Camaguey Sugar
Texas
Asada Ed
al Chauvin
San Antonio
Automotive News
Thief Takes Keys to Detroit Parking Meters
DETROIT detectives report a lone thief has been stealing from about 2,000 parking meters citywide, part of a scheme that drains roughly 60,000 dollars a month. The thief has operated for two months, exploiting meter cash taken.
MENTIONED IN THIS ARTICLE
Detroit
James Bogan
Government Bonds Rally Surges After State of the Union
U S government bonds posted their strongest weekly rally in years led by rails and industrial issues. After early lows on Monday the 30 year and 40 year bonds recovered as dealers noted light trading before a midday surge following the President’s State of the Union address proposing a banking and monetary review.
MENTIONED IN THIS ARTICLE
James St. Conrad, Inc
N. Main Street
Montlieu Ave
Conrad
College St
N. Main St
Dar- Lee Fashions
Azlee Smith
New York
Rails
State of the Union
Congress
Senate
Securities and Exchange Commission
Price rises hit multiple sectors in early 1957
Businessmen face mounting pressure to curb price hikes as inflation themes dominate the State of the Union. Gasoline, steel, cement, lumber and oil sectors show higher costs, with automakers and farm machinery firms noting varied production shifts and anticipated demand in the new year.
MENTIONED IN THIS ARTICLE
Walter Breede JR
New York
Jan
Eisenhower
Texas
New York Central Railroad
Westchester County
Deere & Co
Bert S. Stevenson
Allis-Chalmers Manufacturing Co
Also Mentioned on This Page
Interstate Commerce Commission
National Association of Summer Furniture Manufacturers
National Furniture Traffic Conference, Inc
Lane
Lane Co
Altavista, Va
Bald Knob Furniture Co
Rocky Ture
Be Croam
Rocky Mount
Cone Mills Corp
John W. Bagwill
Bagwill
Fred Rudge Associates
Connecticut
Heritage
Morganton Furniture
Drexel
Elliott Wood
R. ©. Huffman
Morganton
Morganton Lines
Heritage Products
Society For Advancement of Management
Winston-Salem
Greensboro Area
Society
American Institute of Industrial Engineers
Northwestern Mutual Life Insurance Company
R. M. Gladstone
Gladstone
Virginia
Atlanta
Idol Green Co
By Joe Brown
Allentown
Ptl
Amer & & Efird Co
Perige
Atlantic Steel
America
Ae CO
Butler's
Cannons
Cape Ear
Central Tel
Cerlist Diese
Mfg
Eetrs Sa
Ptd
Eeene
Aren
Nk Ssesevess
Eee Saaniacionesh Life
One Mills
Lane Esereeee L
Delta Nis An Senee
Vee
Donnelly” R Sy & Sons
Eenee Flee A Cards Corp i
Guil Nail Bank
Gulfties Gas
Gulfife Ins Freeee l
Hanes PH
Eeeee Bely
Home Fin Group
Home Ins
Hycon Mfg 2
Inter Mountain Tel
Irvin Invest Syn of Canada
Trust Cedente
Ivey Béseen
Jefferson Ltd
Kaiser St
Kellog Eee Teenee
Revert Ptl
Cement Eoue
Kings Tt Press
iThs
Eeenee
Lenoir Finance Saveeell
Liberty Life Ins Seeee Tss
Life & Casualty . Ee
Life Companies Inc
Life Ins Co
Lin Nat Life
Life Ins Forestors Oy
Lithium Corp of
Amer
Lone Star Steel
MacMillan Coss Eee
Maryland
Aeeeny
Maxson Corp
McLean
McLean Trucking O
Miles la Inc
Mississippi
Moore Handley Hawes Morganton Furn Co
Nat Life &_Accid Ins ae
Nat Food Prod
North Amer Life Ins
North Car
Occidental Life Ins
Ohio State
Oswego Alls
Peninsular Life A
Bean Fruit Co
Permutit
Penn Fruit Co
Paose
River Br Rice Mills
Shield Bantam Moses
See Life Tr Co
Sec Natl Bank Eeene
Skyland Life “Seer Eee
Sonoen seeeee _ South Plastics
Southeastern Factors
Southeastern Fund
Southland Life Eee
State
la & Fine Ae
Sterling
Sterling Invest
Werner O A Sutton
Superior Cable
Tampax See Eeenee
Tecumseh Seeeee
Tenn Gas Trans
Texas East Trans
Textiles Inc Com
Tidewater Gas
Pfd
West Point Mfg Co
Fonolite CO
Csereere
Marietta Paint and Color Co
English Street
Marietta
Humble Oil & Refining Co
Shell Oil Co
Chrysler
American Motors
Studebaker-Packard
Ford
International Harvester
Harvester
Ers
Paul Owen
C.S.A
THE
Prudential Insurance Company of America
Metrel Lite Insurence Company
Home Office
Newark
Malibu
Calif
Pacific Palisades Chamber of Commerce
Jefferson Standard
Gulf Life Insurance
Pepsi-Cola
Arnold Stone
Textile Insurance Co
Carolina Casualty Ins
Pyramid Life Ins
J. Sturgis
Hight Point
Mr. E. Fremont Mendenhall
Thomasville Area
Mr. Mendenhall
Thomasville
Harris, Upham & CO
Pepper Building
Winstor
Salem
Nat M. Harrison, JR
Penn Mutual Life Insurance Company
Washington St
Telephone
Opportunity
High Point Savings and Trust OM
Main
Member
Federal Deposit Insurance Corporation
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