Insurance Dividends Rise Amid Strong Savings and Loan Growth
More than 12 000 investors shared over half a million dollars in dividends from three local savings and loan associations. The year shows higher totals and a 4 percent yield vs 3.5 percent last year. Perpetual, Atlantic, and Piedmont accounts rose with mid year comparisons, while industry moves add agents and expansion to regions including Alabama and Texas. Textile Insurance reports 15 percent more business in Q2 1960, Rockingham Mills sets a new sales force for Carolina and Virginia, and High Point Asheboro firms expand sales.
MENTIONED IN THIS ARTICLE
Atlantic
Piedmont
Llaylor Carl
J. Leslie Andrews
Jefferson Standard Life Insurance Co
New York City
George P. Clark
New England Mutual Life Insurance Company
Jasper Park Lodge
Canadian Rockies
High Point
Ashe
Boro
Pilot Life Insurance Co
Quasi- Textile Insurance Co
Isvention
Atlantic City
G. L. Cole
L. W
Mississippi
Grant Davis
J. M. Everitt
Highed
P. A. Gallimore
High Point Com
H. Pell
Asheboro
Pany
Jim Cage
Alabama
Texas
Textile
Rockingham Mills Inc
Joe Covert
Carolinas
Virginia
English St
Rockingham Mills
Safie Bros. Inc
William J. Laine
Vettersan Lake
Ferson
Lone Biar
MacMillan Companys
Maryland Casualty
Manson
W. L
Mclean, Industries
Miami
Los Angeles
Miles Laboratories
Incarpare Handley
Congress
National Dev
National Life &Accident
Qri- Nationwide Corp
N_ Hampshire
Peninsular Life
Senate
American & Elizane Piedmont Aviation
American Fidelity Life
Piedmont Natural
Marietta
Amercan
Arnald Stine Co Ae Postal Life Insurance
Allarita Gas Hight
Bassett Furniture
Aly Syremid Lite
Agri- Bayless
A. J Abs Rawleigh, J
Parity Blue Bev, Inc
Cannon
Belo Searle, G. . & Company
Carolina Casualty
Ins
Sonore Products Security Life A Trust
Carolina Natural Gas Ye Soroban Engineering
Africa
Carolina P. A L
Southeastern
Kilimanjaro
Tan- Carolina
8Anyika
Central Bloc
State Loan & Finance Db
Century
Stevens
Cerlist Diesel AO
Superior
Chatham
Mia Tampax
Coastal Plain
Texize Chemical My
Colonial Stores
Tia Textile Insurance
Tne
Commonwealth Life
Thermopastics
Cone Mills
Coral Ridge
Crown Alum
Delhi Taylor
Trans. Gas
Donnelly,r, Sons
Ty Traveler's Insurance Ve Drackett Company
Pfc
Drexe
Furniture Ve
U. Chemical Mining
Duffy Mott
Wactioris Bank
Eastern Util
Waiter
Jim i
Economic Lab
Watson Brothers Tran
Wester Carolina
Firsh Union National Bank
Franklin Life Ie Ae Frigikay Gore
Garfinckel J. Common
Portland Cement
Griggs Equipment Guaranty Savings Ltd Bt
Gulf Cities Gas
Gulf Life Insurance
Haloid Kerox
Hanes, PH. Knitg
Helene Curtis
Holiday Inns
Home Finance Group
Ba Home Insurance Co
Houston Corp
Interstate Lifeccident
Bleaye Inv
Sve
Tay
Canada
Trist Co
Iver Company
Jackson Mi & Mkt. Ay
Drexel reports strong half year results and Hasty’s fishing shop expands
Drexel Furniture Co reports unaudited results for the first half of the fiscal year ending May 31 with consolidated net sales over 21 million dollars, up 11 percent from the prior year, and net earnings of 1,367,314 dollars or 2.17 a share, up 32 percent from 1959. President R C Hull released the preliminary figures. Expanding Mr and Mrs W B Hasty at 2416 English Street turn their live bait business into a one stop fishing service center offering a full line of fishing gear, tackle, crickets and Catawba worms. The curb market operation opens at 5 a.m. and closes at 10 p.m.
MENTIONED IN THIS ARTICLE
Drexel Furniture Co
R. C. Hull
Hasty
English St
Oil in Miller water system shocks town residents
In Miller Missouri the town water system leaked 300 to 400 gallons of lubricating oil into the reservoir during tank cleaning after seven years. Workmen shut off mains as oil mixed with water, forcing residents to obtain drinking water from nearby wells and springs all week.
MENTIONED IN THIS ARTICLE
Miller, Mo
Miller
Custody lost by Texas couple of doctoral students
In Austin a University of Texas couple pursuing doctorates had their one month old daughter declared dependent and neglected by District Judge J Harris Gardner. The court warded the child at Travis County Juvenile Home and permanently removed parental rights of Mr and Mrs Jessie Yocum after witnesses testified the infant had been left alone in a filthy apartment found May 22.
MENTIONED IN THIS ARTICLE
Austin, Tex
University of Texas
Daugh ‘Ter
J. Harris Gardner T
Travis County
Gardner
Jessie Yocum
Coules
Business Suffering Setbacks and Steel Slump Report
NEW YORK AP Business suffered jols this week with Cuban seizure of refiners owned by Texaco Standard Oil and Shell. Steel production plunged to 54.8 percent capacity, triggering large layoffs across mills and railroads. Amid a modest second-half recovery, railroad consolidations and car output fell before holiday shutdowns while retail trade rose up to four percent on warm weather.
MENTIONED IN THIS ARTICLE
New York
Fidel Castro
Texaco Co
Standard Oil Co
New Jersey
British-Dutch Shell Oil Co
David J. McDonald
United Steelworkers
Pennsylvania Railroad
New Haven Railroad
New York Central
Baltimore & Ohio
the Central
B&o
Chesapeake & Ohio
Chicago & North Western Railway
Minneapolis & St.Louis
United States
Stone
Also Mentioned on This Page
J.C. Boyles
Blackwell Insurance Agency
Bankers National Life Insurance Co
Lie Underwriters
Tomlinson
John Catt
Ohio
Indiana
Indianapolis
Leigh Beard
Chicago Territory
North Carolina
Tennessee
West Virginia
Roanoke
Sam Warshell
Beard
Cyril Rombach
Ilinois
Michigan
Missouri
Wyoming
Colorado
Iowa
Kansas
Minnesota
Nebraska
Dakotas
Wisconsin
Drexel Report
New England
Professional Life Insurance Service
N. Maim St
Te Cel de Perens
Iris Emeen Ia
Meinhardt& Company, Inc
Fourth Ave
Nash
Sechrest
Red Cross
LW. Sechrest
Son, Tn
North Main St
High Point Savings and Trust Co
North Main
S. Main
Member
Federal Deposit Insurance Corporation
Soroban Engineering Company
RCA
Sperry-Rond
Eernings
Soroban
Soroban Engineering CO
J. Sturgis May & CO
N. Car