High Point builds up as Raleigh and Salisbury lead gains
High Point ranked among three North Carolina cities with higher building activity in June than a year earlier, issuing 529 195 dollars in permits versus 326 705 in June 1956, with Raleigh and Salisbury also reporting gains while Charlotte Winston-Salem Durham Greensboro Asheville Gastonia Rocky Mount and Wilson declined. First half totals show 2 518 895 for High Point vs 3 112 609 in 1956, reflecting a district wide under 3 percent drop in six months.
MENTIONED IN THIS ARTICLE
High Point
Raleigh
Salisbury
Charlotte
Winston-Salem
Durham
Greensboro
Asheville
Gastonia
Rocky Mount
Wilson
Federal Reserve Bank District
Stable Economic Level Predicted By Business Week
A July economic snapshot shows mixed signals with gains in summer hiring stock prices and demand hints for housing and big-ticket goods, yet rising costs and defense cuts cloud the outlook. Bankers remain confident but some observers foresee a seasonal slowdown in Q3 as oil and steel prices face pressure and Navaho project layoffs loom.
MENTIONED IN THIS ARTICLE
New York
American Bankers Assn
National Retail Dry Goods Assn
NADGA
Air Force
North American Aviation Inc
California
Pentagon
Kremlin
Esso Standard Oil Co
Standard Oil Co
N. J
Realty Transfers High Point Township items listed with multiple property deeds
Real estate transfers show numerous lot swaps and deeds in High Point Township and nearby areas. Names include E Younts Inc, Ben Davis, F Williams, Mikels, Goodman, Williard Myers, Kavanagh Smith Co, Emerywood West, Wendover Hills, Wendover, Wendover Hills, Wendover Hills, J A Stanford, Rob ert Ruden, James Noble, Marve Inc, Sylvia Silver, Leonard Rackley, Jamestown Township, Remington, U S 2979, Brewer and others.
MENTIONED IN THIS ARTICLE
FE. E. Younts Inc
Ben F. Davis
J. C. Elliott
E. F. Williams Sr
M. B. Williams
Deep River Road
Robert Skull
C. R. Mikels
Lot of
Own-Ahome Co
Williard Myers
Kavanagh-Smith & Co
Elwood Heights
Alberta C. Shields
Jack W. Wright
Emerywood West
Bernis Lee Cochran
L. M. Proctor
High Point College
J. A. Stanford
J. C. Reynolds Jr
Wendover Hills
Nathaniel M. Harrison
J .A. Stanford
Robert Ruden
J A. Stanford
James B. Noble
J. Robert Connor
Marve Inc
Wendover Ills
Sylvia C. Silver
Wendover
J. K. C. Morakis
D. Upchurch
Leonard BE. Rackley
Bond Sales Lag After Last Week’s Advance
New York reports a quiet corporate bond market with the prior week’s advance fading. Low-yield issues saw fair demand and modest gains, while most other issues including foreign bonds eased slightly in a summer slowdown. Government bonds traded dull with unclear price moves.
MENTIONED IN THIS ARTICLE
New York
Shell Digest wins 1957 regional publication prize
James Neely editor of the Shell Digest Baltimore Marketing Division accepted first place from the Mid Atlantic Association of Industrial Editors for the Shell Digest a bi monthly publication for Shell employees in North Carolina Virginia Maryland and the District of Columbia.
MENTIONED IN THIS ARTICLE
Cation
Shell Oil Co
Baltimore
Mid-Atlantic Association of Industrial
James Neely
Shell
High Point
Neely
University of North Carolina
Shell Digest
North Carolina
Virginia
Maryland
District of Columbia
Security Quotations and Company Listings Dense Text
A long OCR fragment lists security quotations and assorted company names with percent figures, including Amer Marietta, Bank of America, Colonial Stores, North Carolina Telephone, and Texes, among many others. The passage ends with an odd biological note about a whale species and a comparison to the Old World tree.
MENTIONED IN THIS ARTICLE
Alientown Portland Cement
Amer & Efird Common
Amer Moapita
Amer Mariette
Ary Brush Bervillum
Butler's Ine
Csisree
Cannon Mills “Rb
Cape Fear Wood
Carolina Casualty Ins
McLean Industries Tee
McLean Trucking
Wathebee
National Food
Coseeee
North Carolina Telephone - Im
Qecidental Life
Cccneces
Ohio State Life Inc
Cceees
Ccccseess
Amer Marietta
Penincular Life
Amer Trust Company Anvil Brand
Anvil
Pta
Arnold Btone Company
Atlanta Gas Light
Atlantic Steel
Atlas Sewing Center
Auto Finance
Bank of America
Beste, A. Fi
Bausch & Lom
Beneficial Corp Oa
Eeseees Om
Beneficial Bid Life
Cccceceese MO
Black Panther Co
Cascccess
Mann
Rive Bell Tat
Ceeesrvecee
Blue Ridge To Co
Ccceeceee
Om! Commercial Net! Bank
Commonwealth Life of Kenso Oh
Cone Mills
Cccccee
Copetana
Taste
Donnelley RR
Drese
Erwin Mills Tre
Parrington Mig Co
Guardian Consumer
Gardian Consumers
Guilford Natt
Gulf Life Insurance
MacMillan
Maryland
Delhi
Ie Tidewater nGas
Local Man Named Dunlop Foam Rubber Sales Rep
David Adams of 1109 Greenway Dr High Point has been appointed by Dunlop Tire and Rubber Corp as sales representative for the foam rubber division covering the southeastern United States. Adams is a Northeast ern University graduate and formerly led sales for Commercial Paste Co in Columbus Ohio and also worked for Sylvania Electric Products Co in High Point. J F McCarthy manager of Pillo Foam Division says the appointment is part of a nationwide expansion of its foam rubber sales program.
MENTIONED IN THIS ARTICLE
David Adams
Greenway Dr
High Point
Dunlop Tire and Rubber Corp
Southeastern United States
Adams
Northeastern University
Southeastern
Commercial Paste Co
Columbus
Ohio
Sylvania Electric Products ‘Co
J. F. McCarthy
Dunlop
United States
Market Bulls Extend Run Near 1956 Peak
New York traders pushed stocks toward the April 1956 bull peak with three fresh 1957 highs and the AP average at 188.90. The week saw strong volume 13,245,680 while volatility grew in specialty shares and inflation concerns lingered as Dow Jones edged toward 521.05 and the 520.77 close.
MENTIONED IN THIS ARTICLE
New York
Wall
Wall Street
Associated Press
Dow-Jones
Also Mentioned on This Page
By Joe Brown
C. A. Joyner
W. J. Brown
Brown-Joyner Tailoring Co
Sprinkle-Maddox
N. Main St
Joyner
Becker Tailoring Co
Brown
Smart Sox Hosiery Mill
C. Leon Corder
Carolina Bankers Conference
Chapel Hill
Bankers Associations of
Two Carolinas
Walter R. Comfort
Borden Eee
N. C. Dairy Products Assn
Rex Paxton
Sutherland Paper Co
Kalamazoo
Culler
Dick Culler
Monilieu Avenue
Srfa Institute
Southern Retail Furniture Association
Furniture Management Institute
Association Training
Exposition Building
Bland Worley
Wachovia Banks& Trust
Albert Jacobson
CPA
James Best
SRFA
Best
McLean
Malcolm P. McLean
Waterman Steamship Corporation
Pan-Atlantic Steamship Corporation
Mobile
Ala
Interstate Commerce Commission
Steamship Lines
ICC
Pan-Atlantic
East
Business Week
High Point Township
Jamestown Township
Remington
T. C. Millikam
E. G. Bower
U S
W. C. Osborne
G. F. George H. Reynolds
Brewer
W. E. Garrett
Ernest
Policyholders’ Institution
Massachusetts Mutual Life Insurance Company
G. Eddie Ridge
W. Roland Albertson
Alvin T. Haley
C.L.0
High Pointer
Firm’s Magazine
Spivey
Box
Gulf Life Insurance Co
Lucky Stores, Inc
Southland Racing
North Carolina Telephone Co
Sturgis May & CO
Paul Owen
S.A
Company OF America
Newark, New Jersey
Church OF
Choice
Yesteryear
Main
Member
Federal Deposit Insurance Corporation
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