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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 20, 1963

Page

7

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.

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.

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.

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.

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
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