Ruling by Court Upsets Milk Marketing System
The June Supreme Court decision in favor of the Lehigh Valley Coop and Suncrest Dairy threatens to unravel milk marketing orders in 83 metropolitan areas. An Agriculture Department official warns Congress may need new legislation to restore the system and prevent outsiders from undermining markets. The ruling holds that requiring outsiders to pay into a common pool is illegal, potentially reshaping how prices are set and paid to farmers.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Agriculture Department
Congress
Lehigh Valley Coop
Lehigh Valley
Suncrest Dairy
Pennsylvania
New York
New Jersey
Secretary of Agriculture
Banking Commission to hear name change for local bank
High Point Savings and Trust Co. seeks to rename as High Point Bank and Trust Co. at a July 18 quarterly session to reflect its actual operations as a commercial bank. The plan includes a broader convention trade appeal for a Sheraton Hotel revitalization and other local business updates.
MENTIONED IN THIS ARTICLE
Banking Commission
Highoint Savings and Trust Co
High Point Bank and Trust Co
Fred Alexander
North Carolina Metalworking Directory Released by IES
The Industrial Extension Service at North Carolina State College published a 350 page North Carolina Metalworking Facilities Directory listing 237 firms with tools, locations, and capabilities for prime and sub contract work. Conny Walker named man of the quarter by Prudential Insurance Co and Rookie of the Month at Southern Life. Wood Office Furniture Institute notes ongoing shift from metals to wood in 1961. Harold F. Yates takes two week course in linoleum installation at Armstrong Cork School.
MENTIONED IN THIS ARTICLE
North Carolina
Industrial Extension Service
North Carolina State College
Chamber of Commerce
W. Frank Hodge
IES
Conny Walker
Prudential Insurance Co
Bureau of Ceftsus
Wood Office Furniture Institute
Harold F. Yates
S. Main St
Reed Supply Co
Thomasville
Armstrong Cork Company
Lancaster
Eastern Unil
Economic Laboratories
Fidelity Bankers Life
First Son. Co. Common
First Son. Co
First Union Natl, Bank
Floride Gas
Fox Stanley
Franklin Life Futterman Corp
Garfinckel J. Common General Shale
Gen. Tels
S. E. Pfd
Georgia International A. P. Green Griggs Equipment
Gulf Cities Gas
Gulf Life Ins
Hamilton Mfg
Hanes, P. H
Knitting
Harris Teeter
Holiday Inns Huyck Corp
Intermin
Tel
Interstat Life & Accident Inv
Syn
of Canada
Irving Trust Co
Ivey, J. B. & Co
Jackson Minit
Jefferson Ltd
Life Kaiser Steel
Kavanaugh Smith Ketchum & Company
Lance, Inc
Law Blower Liberty Loan Ptd
Life & Casualty
Ins
Lil
Telephone Occidental Life
Ohio State Life
Peninsular Life
Textile Corp
Piedmont Aviation
Piedmont Natural Gas
P&n Railway
Public
N. C
Pyramid Life
Republic Nat. Life
Rose’s
Still Man
Superior
Texize Chemicals
Textile, Inc
Thermo Plastics
Thomasville Indi
Tidewater
Time, Inc
Towmotor Corp
Trans. Gas
Travelers
Travelodge Cor
U. S
Aes Well S. Leasing
U. S. Realty
Wachovia Bank
Walker, B. B. Shoe
Walter
Jim
Watson Bros. Trus
Western Pwr, & Gas
Wise Homes
Wright Homes
Zonolite Company
Telstar Satellite to Beam TV Across Atlantic
Telstar, a Bell Telephone Laboratories built communications satellite, is set for launch at Cape Canaveral to relay live television and overseas telephone service. The Thor Delta rocket will place Telstar in a 600 to 3,500 mile orbit, with demonstrations planned between Andover and Holmdel ground stations and European receivers in England and France. Bell bears a $3 million cost, and NASA launches used. early tests include telephone links and tape transmission across the Atlantic.
MENTIONED IN THIS ARTICLE
Cape Canaveral
Fla
Telstar
United States
Europe
Bell Telephone Laboratories
American Telephone and Teleigraph Co
U.S
Andover
Holmdel
N.J
European Broadcasting Union
New York City
New York
Satelite
Goonhilly Down
England
Pleumeur- Badou
France
Brussels
Belgium
Bell
Space Agency
Relay
Security quotes guide from 1962 NASD listing numerous firms
The document notes unofficial bid and asked prices compiled July 6 1962 from NASD and other sources. It lists many company names with assorted price figures and roundups, describing the quotes as approximate ranges for potential sale or purchase rather than actual transactions.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Clamor for Tax Cut Grows Across Nation
AP reports increasing calls for immediate income tax cuts led by the U S Chamber of Commerce and the AFL CIO. President Kennedy weighed options while signaling potential action if indicators demand it. Governors Rockefeller DiSalle Brown and Senator Humphrey urged early tax relief amid opposition from Byrd and Williams.
MENTIONED IN THIS ARTICLE
Jack Lefler
New York
Kennedy
U.S. Chamber of Commerce
Afl-Cio
Congress
Nelson A. Rockefeller
Michael V. DiSalle
Ohio
Edmund G. Brown
California
Hubert H. Humphrey
Harry F. Byrd
D-Va
John J. Williams
R-Del
Americas
Williams
Byrd
Wall Street
Also Mentioned on This Page
Sheraton Hotel
Sheraton
Hotel Associates Inc
Shaw
Bobbie L. Shaw
Jo Woody Shaw
High Point
Frank Shaw
The
Armed Services
WHPE
Hillcrest Manor Apartments
First Methodist Church
Fred Davis
Sears, Roebuck
Ted Williams
Davis
Ray Alton Love
Archdale
Scottish Bank
John P. Stedman
Love
Mount Airy
Bank of Biscoe
Robbins
Surry County
Applachian Teachers College
Boone
First Baptist Church of
Archdale- Trinity Junior Chamber of Commerce
Wachovia Magazine
the Magazine
A. M. Cook
Lincoln National Life Insurance Co
By Joe Brown
Metals Directory
J. B. Link
Southern Life Insurance Co
Aida
Aretron
Allied Security
Allvac Metals
Amer. Comm. Agency
American Discount
American & Efird
American Fidelity
American Land
American
Atlanta Gas Light
BBS Studios
Cy Ve Bassett Furniture
Billups Western Petro
Blue Belt, Inc
Boston Capital
Bowater Paper
Brush Bergilium
Co. M. C. Finance
CFM Corporation
Cannon Mills
Carolinas Capital
Carolina Casualty Ins
Carolina Natural Gas
Carolina P&l
Carolina Steel
Carolina Tel & Tel
Central Telephone
Central Vermont
Colonial Stores
Ptd
Colorcraft Corp
Cone Mills
Consolidated Credit Craig System
Culligan, Inc
Donnelly, RR & Sons Corp
Drexel Enterprises
Dynatronics, Inc
N. Main Street
W. High Street
Max Bones
Professional Life Insurance Service
George P
Clark, C.L.A
NEW England Life
Mutual Life Insurance
America
N. Main St
Joe Honeycutt
Life Insurance
Wickcliff Ave
Powell, Kistler & Company
Powell, Kistler & Co. Investment Securities
Fayetteville
Kinston & High Point
Norfolk, Va
Orlando
Myrtle Beach
N.Y. Stock Exchange
First National Bank of Chicago
Midwest
Federal Reserve Board
Commerce Department
Department
Tokyo
Japan
Wichita
Kaw
Wilmington
N.C
Maine
Shaw’s Letter Shop
N. C. National Bank
Meinhard & Company Inc
Park Ave
Southern Rep
Otis L. Holland
Greensboro - Tel
Charles E. Diffendal JR
Allied Securities Corp
Greensboro
Security Life Securafe
Pension
Robert A McCuiston
Edgar T. Docbrow
Sturgis May
Standard Oil Co
Moore Handley
Southern Hardware Distributors
J. Sturgis May & CO
N. Car, Nat'l Bank Bldg
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