Investment questions on taxes and growth stocks
A widow seeks tax relief while preserving growth. advisor cautions against changing a strong portfolio to drop tax brackets and recommends keeping high quality stocks like IBM and Dow components for 5 to 15 years. A columnist discusses government control, Adams Express as a closed end fund, and how dividends and capital gains have shaped past payouts.
MENTIONED IN THIS ARTICLE
IBM
duPont
Union Carbide
Florida Power
American Home
Upjohn
Wicks
Schering
Dow, Kodak
Adams Express
Railway Express
Avalanche blasts splinter trees far from slide path
The blast of air from snow avalanches splinters trees considerable distances from the slide path, illustrating the reach of avalanche force and its damage footprint in mountainous terrain.
Dow Production to Open Screw Machine Plant in Varnville
Dow Production Machinery Co of Columbus plans to locate an automatic screw machine plant in Varnville South Carolina leasing a former Gina Milling building. The plant is expected to generate a $100000 annual payroll within a year. A related production of crushers pulverizers garbage grinders hammer mills and metal turning crushers has moved to the Woodruff plant.
MENTIONED IN THIS ARTICLE
Varnville, S. C
Varnville
Dow Production Machinery Co
Columbus
Ohio
Gina Milling Co
Woodruff
Eastern Air Lines to add 1200 jobs in Miami overhaul base
The Miami operation will employ about 1,200 more workers when the jet overhaul base at Miami International Airport opens in November. The facility will overhaul jet engines at a rate of 10 per day, boosting Eastern Air Lines employment in the area.
MENTIONED IN THIS ARTICLE
Miami
Fla
Eastern Air Lines
Miami International Airport
Wage Increase At Jeffrey Plant Woodruff Six Percent
A 6 percent raise for hourly workers at the Jeffrey Manufacturing plant in Woodruff was announced. The plant expanded from 20 employees in January to 125 total, with 96 hourly staff currently. Manager Ray Miller said all employees will receive the increase.
MENTIONED IN THIS ARTICLE
Woodruff
S. C
Jeffrey
Ray Miller
Thermal Engineering announces infrared energy plant in Columbia
Thermal Engineering Corp plans a 30000 square foot facility in Columbia Industrial Park to produce infrared energy generators. About 120 workers will be hired and a subsidiary, Engineering Science Research, Inc., led by Dr. Eugene C. Woodward, will conduct research.
MENTIONED IN THIS ARTICLE
Columbia, S. C
Thermal Engineering Corp
Columbia
Engineering Science Research, Inc
Eugene C. Woodward
University of South Carolina
Department of Mechanical Engineering
Proctor and Gamble Plant Under Construction in Augusta
About 120 workers will be employed at the new four million dollar P and G plant in Augusta. The facility will produce synthetic detergents for Southeastern distribution and is expected to be completed later this year.
MENTIONED IN THIS ARTICLE
Augusta
Proctor and Gamble
Southeastern
Summer Doldrums Bring Slight Relaxation For Business
The summer doldrums may be more relaxed this year due to fatigue in industrial lines and new labor patterns. Plant shutdowns could be longer, with management waiting on Congress on depreciation rules and tax cuts, while consumer spending may rise as leisure time increases.
MENTIONED IN THIS ARTICLE
New York
Congress
Treasury
Virginia Paper Co plans 40000 foot Jacksonville warehouse
Virginia Paper Co announces construction of a 40000 foot warehouse and distribution center in Jacksonville on a site served by the Atlantic Coast Line railroad. The firm began Florida operations in 1910 and has acquired the site. In Gastonia North Carolina American and Efird Mills reports net income after taxes of 647631 for the year to April 1. Earnings 1.08 per share up from 0.76. Net sales 47.4 million, up 17.5 percent.
MENTIONED IN THIS ARTICLE
Jacksonville
The
Virginia Paper Co
Florida
Atlantic Coast Line Railroad
Gastonia
N. C
American
Efirt Mills
Also Mentioned on This Page
Investors Guide
N. Y
Boston
Philadelphia
Baltimore
Mr. Shulsky
Sam Shulsky
Saunders Furniture CO
E. Washington Ph
Kelvinator
S. Main St
Southern Business
EAL
Paper Warehouse
Jacksonville, Fla
Piedmont
West Washington
Business Mirror
Sam Dawson
AP Business News
Professional Life Insurance Service
George P. Clark
C.L.A
NEW England Life
Mutual Life Insurance
America
N. Main St
Davis
Patrol & Watchman Service
Jack S. Davis
Member
Federal Deposit Insurance Corporation
Archdale
Randleman
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