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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 19, 1964

Page

7

Furniture market shifts and new lines emerge in 1960s industry

Southern furniture makers plan for the April market as major firms study design shifts from traditional styles. Roadway Express plans a $1.35 million terminal near Kernersville with 900 to 1,000 jobs, opening in 1965. Diamond Mills expands with new regional offices and a spring ad push.

Chicago Roadway Express Inc Guilford County Kernersville Otto Lupfert Road Tontert High Point Winston - Salem Greensboro Fred Butner Winston-Salem Butner

Securities Bid And Asked Prices Snapshot

Unofficial NASD quotes and other sources provide a range for securities as of January 17 1964. The listings show approximate bid and asked prices not representing actual transactions. Origin of quotations will be furnished upon request.

National Association of Securities Dealers, Inc

Swiss Grant Loan To U N For UN Headquarters Upgrade

Swiss authorities approve an interest free loan of 4 275 000 dollars to modernize the U N European headquarters in the Palace of Nations Geneva and to fund a new World Health Organization headquarters building in Geneva.

Bern Switzerland U.N. European Palace of ‘Nations Geneva U.N. World Health Organization

NCNB Stock Index Hits Third Consecutive High

The NCNB Stock Index rose to 280.6 for the week ended Jan 17 marking a third straight all time high. Major national indexes climbed with the Dow Jones at 775.69 and S&P at 76.56, while textile and tobacco groups showed mixed results and several banks and utilities posted gains and losses.

North Carolina National Bank Carolinas Associated Press Standard and Poor American Enka Collins and Aikman Celanese Blue Bell Cannon Mills Hanes Knitting Mills Lorillard R. J. Reynolds Palmetto State Life Jefferson Standard S. C. Insurance S. C. National S. C. Electric and Gas Duke Power Co Carolina Telephone and Telegraph Central Telephone Drexel Furniture Riegel Paper Sonoco Products Jim Walter Corp Colonial Stores

100 Year Old Gets Wish with Brass Band

Tacoma residents celebrate Ella Gants turning 100 as the 4th Division band from Ft. Lewis plays on the nursing home lawn. She thanks Maj. Gen. Claire E. Hutchin and asks for prayers to remember her in gratitude.

Tacoma Wash Ella Gants Ft. Lewis

Spin d ale Mills to withhold taxes monthly for 500 workers

Spin dale Mills announced on Friday that it will withhold income taxes only once a month from the paychecks of its 500 employees, replacing weekly withholdings. A company spokesman said the move is meant to make workers aware of their tax burden.

Spindale N.C Spindale Mills

Snowstorm Dampens Industrial Activity Across Regions

Bad weather crippled production and sales as a snowstorm swept the South Midwest and East. Plants closed or ran skeleton crews from New York to Illinois while rail and air transport slowed. Automobile output dropped to 168000 units before a midweek thaw. Analysts foresee possible tax cut action in February and cigarette stock declines followed a health warning.

New York Midwest Florida Texas Illinois American Trucking Association

Markets, labor pact, and production gains in December

Staggered by storms the NYSE opened Monday then trimmed losses. The International Brotherhood of Teamsters reached a master contract for over 400000 truckers, a three year deal with 28 cent hourly increases. Industrial production rose to 127.2 in December with a 7 percent year over year gain. Retail sales climbed 4.5 percent in December and 5 percent for 1963, while unemployment fell to 5.5 percent as women and teens found fewer part time jobs. Steel output rose to 2.12 million tons, and defense spending sought 2.3 billion for weapons and research. Grain sales to the USSR continued with Continental Grain selling 7.? million. Licenses authorized 13 million wheat to the USSR and 2.4 million to Czechoslovakia.

International Brotherhood of Teamsters Federal Reserve Board Labor Department Johnson Congress

Hoffa Conspiracy Trial Set to Resume in Tennessee

James R. Hoffa returns to federal court in Chattanooga with six co defendants in a fraud conspiracy case tied to a deadlocked Nashville trial from 1962. A three year bargaining contract reached in Chicago would unite 400 locals and 1.7 million Teamsters into one unit, heightening the case's high profile and sensational history including prior juror issues and outspoken legal battles.

Chattanooga Tenn James R. Hoffa Teamsters Hoffa Nashville Truckers Chicago Supreme Court

Drop In Wheat Acreage Puzzling

Washington AP The fact that winter wheat acreage rose only 2 percent last fall despite the defeat of compulsory controls in May leaves farmers and officials puzzled. Spring wheat acreage likely rises only modestly, raising concerns about meeting domestic and export demand amid foreign orders from the Soviet Union and Eastern Europe, though any deficit could be filled from surplus.

Washington Agriculture Department Soviet Union

Also Mentioned on This Page

Diamond Mills Co Los Angeles Atlanta Diamond Mills Indian Head Mills Inc Wilmington Mills Samuel Rosenblum Arthur Steve Arthur Jr Thompson-Arthur Paving Co Army Intelligence Corps North Carolina State College Betsy Carol Kesser Richlands Lyndhurst American Society of Civil Engineers Sigma Phi Epsilon Riley N. C. Assn C.p.a.’S The American Institute of C.p.a.'s Miller Lou Sira Lincoln National Life Insurance Co Raymond E. King Agency Charlotte A.M. Cook H. L. Culler King Agency Lincoln Life Agencies B. L. Partish H. V. Armfield Pilot Life Insurance By Frank Warren North American Life NC National Bank NC Natural Gas NC Telephone Occidental Life Wwe Ohio State Life Peninsular Life P & N Railway Piedmont Aviation Piedmont Natural Gas Pierce & Stevens Wa Public Service of NC Pyramid Life Rowe Furniture Aerotron Savannah Elec & Pwr Alice Land Savannah Western Petro Southland Life At Boston Capital, Inc State Loan Bowater Paper Sterling Inc Fund Brush Stevens Cansion Mills Carolinas Capital Corp Carolina Freight Carriers Superior Cable Carolina Mills, Inc Texize Chemicals Textile, Inc Carolina P & L Thermo Plastics Carolina Tel & Tel Reime, Inc Central Vermont Trans Con’t Coastal Plain Life Trans Gas Pipeline Cable Dairy Travelers Insurance US Leasing US Reality Colorcraft Colonial Stores Columbus Plastic Welker Walter Jim Cone Mills Pfd Consolidated Credit Western Carolina Tel Nm Western Power & Gas Iola Craig System Whitin Machine Works Drackett Com Fowner Corp Wright Homes E Drexel Enterprises Dynatronics, Inc Eastern Utilities Eazor Express NM Eckerd Drugs of Fla Fieldcrest Mills, Inc First Union Nat'l Ba Ox Stan Franklin & Futterman Corporation Garfinckel J Gulf Life Insurance Hamilton Hanes, PH Knitting A. Accident Syn of Canada Ivey Wa Ltd Life Ins Kaiser Stee Ve Wa Inc Wa Casualty Gener Lilly & Company Luck* Inc i M & F Graphic Arts Aa Dev Corp National National Life & Accident U.N Ncnb Stock Index North Carolina South Carolina Chrysler NEW South Motor Inn Main St Coll First Union Heyden Place New York Stock Exchange U.S Continental Grain Co U.S.S.R Commerce Department Czechoslovakia Grace Flower Show Professional Life Insurance Service George P. Clark C.L.A NEW England Life Mutual Life Insurance 7 America N. Main St South Main Samuel Hyman Joe Honeycutt Life Insurance Wickliff Ave Occidental Insurance Vous Ofrice Aceen Dial Edgar T Bob L. Parrish First Union National Bank Orville L. Freeman J. Sturgis May & Co. Incorporated North Carolina National Bank Building Li’l Gen Colorcraft Oc Mutual Law Life B.B.S. Studios Wachovia Bank Pied. Nat‘l Gas Amer. Furn. Co Kavaugh Smith Yardney Electric Sorg Paper Commonw. Life First Southern Vance Sanders Security Life and Trust Company Robert A. McCliston Accident & Health High Point Bank George D. Davis, C.L.A R. Delbert Kirkman Robert E. Long Ane Ralph C. Davis William R. Taylor JR High Point, N. C Wachovia Bank Bldg Greensboro, N. C S. Main ST Kearns Boulevard Westwood PRG Seeea Seees
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