Mixed 1962 results for North Carolina firms and obituaries
The report covers Drexel Enterprises modest gains in earnings for the year ended November 30 1962 with sales up 14 percent to 56.7 million and net profit of 3 091 070 per share 2 16. It notes Hildebran and Shelby start up costs and 192 earnings effects plus Orkin Exterminating expanding to 714 offices. Walker Shoe Co in Asheboro reports 1962 sales 8 766 752 62 and earnings 307 634 58 with 618 employees and 6 600 daily pairs produced. Wilson and Co domestic sales total 711 459 556 for year ended October 27 1962. New lighting course in Greensboro NC begins February 5 for seven weeks. Desmond H O’Connell named chairman of American Bakeries Co succeeding L Arthur Cushman who died January 7 1963. Salem Frame buys Roanoke Weldwood assets. Rowe Furniture continues operations in Salem. New England Mutual Life Insurance 1962 premiums exceed 1.0.
MENTIONED IN THIS ARTICLE
Drexel Enterprises Inc
Robert O. Huffman
Hildebran
B. B. Walker Shoe Co
Asheboro
Wilson .& Co. Inc
Orkin Exterminating Co., Inc
Sanford H. Orkin
Estern Utilities
Britain
National Association Eckerd Drugs of
Fla
N. C. National Bank Wee of Securities Dealers, Inc
Economic Laboratories
N. C. Natural Gas
Fox Stanley Franklin Life
Butterman
Seeees Pextile Corp
Garfinckel J . Common Corp
Eaaee
Edmont & Northern Ang
Piedmont
Piedmont Natural Gas
Public Service
Georgia
Great Southern Real Estate
Eee Eeeseees
Republic National
Sevennah Elect
Power Walker
Savannah Sugar & Refg
Walter
Jim
Aoeney
Hamilton Mig
Shield Bantam
Watson Bros
American Fidelity Life
Hanes, P. H. Knitting
Scott Foresman Senate
Western Carolina
American Land
Herris
Western Power & Gas
Scott: Mattson Farms
Soroban Engineering Frontier Finance
Bowater
Syn
of Canada
Seebeevs
Irving Trust Company
Southern Nitrogen
Cc. M. C. Finance Ivey, J. 8. & Company
Tees Wa
Texize Chemical
Coastal Plein Life
Aesete Ve
LIV’ General
Textiles, Inc
Cable Dairy
Pfda Limy & Company
Thermo Plastics
Sebeeeene
Colonial
Lowe’s Companies
Thomasville Inds
Lucky Stores
Tidewater Natura Eeeesuue Serenes Va Colonial Stores
Maxson, W. L. Corp
Time, Inc
Colorcrest Corp
McLean Industries
Cone Mills
Trans. Gas Pipeline Insurance
Consolidated
Dynatronics, Inc
Stocks Rise Again As AP Index Edges Higher
The Associated Press average of 60 stocks rose for the fifth week, closing at 252.3 versus 252.0. The commodity index advanced to 161.9 led by nonferrous metals, with December driving a record $71 million in new individual sales and $205.5 million in new group life insurance. One company planned an initial stock offering of 145,000 shares, with proceeds to fund canning facility expansion in Seagrove and Aberdeen.
MENTIONED IN THIS ARTICLE
Associated Press
Anderson Anderson
New Group Life Insurance
Group Life In
Lucks, Inc
Asheboro
Seagrove
Aberdeen
Edward R. Lowry
Powell, Kistler
More Cuban Refugees Reach U.S
Ninety Cuban refugees reached safety in the United States. Thirty eight U S citizens and 52 dependents arrived in Miami on a Pan American World Airways plane, the second Cuba flight this week. Uncertainty remained about further air or freighter departures from Havana.
MENTIONED IN THIS ARTICLE
Miami
Fla
Cuba
United States
Shirley Sykes
Havana
U.S
Pan American World Airways
Woman Sues Athletes Over Party Assault
Ann Carter, 28, a Los Angeles disc jockey, files a $35,000 assault and battery suit in Superior Court against pitcher Norman Bass of the Kansas City Athletics and halfback Robert Reed of the Minnesota Vikings. She alleges they roughed her at a party causing bruises and injuries.
MENTIONED IN THIS ARTICLE
Los Angeles
Norman Bass
Kansas City Athletics
Robert Reed
Minnesota Viklings
Ann Carter
Ktym-Fm
Also Mentioned on This Page
Joe Brown
Drexel Report
Walker
Orkin
Columia
High Point Insurance Exchange
Robert B. Rankin
Bruce Bailey
Walker Company
J. I. Chrisman
R. L. Donnell, Jr
Sara Helen Covington
Dorothy L. Trogdon
Edna Mae Winningham Phillips
Dayton E. Speer
Minnesota Mining and Manufacturing Co
Speer
High Point
Orkin Report
Greensboro
Tar Heel
Illuminating Engineering Society
School of Engineering
North Carolina State College
Woman’s College
University of North Carolina
Desmond H. O’connell
American Bakeries Co
L. Arthur Cushman
O’connell
Taystee
Merita
Cook Book
Grennan
Rowe Furniture Cop
Salem, Va
Salem Frame Company, Inc
Roanoke Wooldworking Corp
Jody Realty Corp
Salem Frame
Donald E. Rowe Jr
New England Mutual Life Insurance Co
AP Index OF
Kenneth C. Wible
Ion
Bennett Advertising
William R. Henderson
North Carolina
Professional Life Insurance Service
Is Rey
Oak St
Life @ Auto & Mortgage Loans
Park Ave
New York
Southern Rep
Otis L.oy
Botany
Ind
J. Sturgis May & Co
Stocks & Bonds
North Carolina National Bank Building
George P. Clark, C.L.A
NEW England Life
Mutual Life Toostance
America
N. Main St
Security Life and Trust
Compan
Robert A. McCuisto
Life
Accident & Health Group
Pension Plans
Jere
Allied For Investor Service
Allied Securities Corporation
Ralph E. Deatherage
Edgar T. Doobrow
Bob Parrish
C.L.A
Henry L. Groome Jr
Secure Financial
Wright Bldg
Charles E. Diffendal, JR
Southeastern Securities Corporation
Winston-Salem - Charlotte - Greensboro
Philadelphia-Baltimore Stock Exchange
Focur New
Mestown
ABC
Superior Sign Co
Superior
Lewis Einhorn
N. Main Street
R. S. Dickson & CO
Charlotte
Richard Owens
Sturgis
Joe Honeycutt Manager
Chamblee
V.V.S
Roberts Way
Atlanta
Hamburg
J. C. D. Bailey
Chip's Franchise System
United Investment Company, Inc
Rocky Mount
Wickliff Ave
Connecticut Mutual Life Insurance Company
George D. Davis
C.L.A. & Associates
R. Delbert Kirkman
Ralph C. Davis
Robert E. Long
William R. Taylor JR