Market notes and new showroom plans spread across several cities
Attendance at Chicago New York Dallas and Atlanta markets was off while High Point held up. Stores buying on a hand to mouth basis warn of fall shortages if inventories are not rebuilt. Dallas exhibitors report encouraging business and backlogs in case goods and upholstery. SRFA plans Aug 18 22 management institute at UNC Chapel Hill led by Rex Winslow and James Best. Savings and loans in NC show strong first half 1958 net savings 54.1 million and mortgage loans up 18.5 million versus 1957. Bellomont plant sold for 60 thousand dollars to expand knitting production for Hazel. W. M. Grimes of Thomasville wins national contest. Hickory Manufacturing Co. to build 50 thousand showroom in fall market. Sales reps named for Chesco and Hickory-Fry. Insurance agents Ames Bullard Fletcher and McCuiston receive honors and allowances. Piedmont Natural Gas boosts common stock dividend to 25 cents Sept 15.
MENTIONED IN THIS ARTICLE
Chicago
New York
Dallas
Atlanta
High Point
Srfa Institute
Southern Retail Furniture Association
University of North Carolina
Chapel Hill
Rex Winslow
James Best
SRFA
Carroll
School of Business Administration
Home Loan Bank
North Carolina
North Carolina Savings and Loan Associations
Hickory Manufacturing Co
Hickory
Hickory Furniture Co
Irving Silverstein
Chesco
Chester
Conn
Ed Hoyle Jr
Richmond
Hickory-Fry Furniture Co
Piedmont Natural Gas Co. Inc
Charlotte
Buell G. Duncan
Holiday Inns of America
Insurance Company
Lenoir Finance Coves
Levinestone Shipbuilding
Life & Casualty Eae
Compila- Life Companies
Lone Star Steel
Lucky Stores
Maxson W.L. Corporation
Adams Engineering
MacMillan Company
Aerotron
Maryland Casualty
Air Control
McLean Industries Allvac Metals
Miles Lab
American
Mississippi Shipping
Amer & Efird
Moore Handley Hardwa
National Food
American Hospital Supply Rece OO
Nationwide Corporation
American Marletta
National Life & Accident
Smerican Arden Farms
Carl North American Life Oh
Arnold Stone Company
Penn
Bassett Purniture
Penn Prest Company
Bayless
A. J
Penn Fruit Company
Beneficial Corporation
Pfaudler-Permutit Company
Black Panther
Piedmont Aviation
Blue Bell, Inc
Eeeee
Piedmont Natural Gas
Blue Ridge Ins
One & Northern RR
Brush
Postal Life
Butler's Inc
Common Provident Life & Accident
Cannon Mills “B” . Public Service Co
N.C
Cape Fear Wood Press
Pyramid Life Insurance
Carolina Casualty Ins
Reeves Vee
Caroling P & L
Republic National Life
Carolina Tel & Telseeeneee River Brand Rice Mills
Carolina Wholesale Florist
Roberts Company Central Electric and Gas
Central ES
Century Food Marke
Schield
Ateenee
Cerlist Diesel
Scripto Inc
Chatham Manufacturing Common
Security Life & Trust
Colonial Stores
Security National Skyland Life Eeeee
Colonial
Sevsee
Southern Heritage
Bat Collyer Wire
Seseeveees
Southern A Engineering Commonwealth Life
Soueeeeenee
Cone Mills
Ssseesee Geatneottore Fund
Weeeee Continental Gin
Southland Life
Ereevenee
Standard Fruit
State Loan & Finance “A
Domestic Finance Group
Sterling Investment Fund
Stevens Markets
Donnelley, R. R. & Sons
Superior Cab
Tee
Sutton, O A. Pereeneeeeene
Caibb
Tampax Common
Seeeee
Texas Eastern Trans
Kees Watson Brothers
Carolina Tel
Lapeer Er Ntsen
West Point Mfg. Co
Ssrseree
Western
Suies Te Saeeerreene
Hanes
P.H. Knitting
High Point Man Forms Company
Taylor R Kennerly of 1007 Wellington St High Point resigns as subdivision analyst with the Federal Housing Administration Greensboro to form Taylor Kennerly Construction Co Inc and work as an independent real estate appraiser. A UNC graduate and Marine Corps veteran he saw action in the South Pacific as a first lieutenant.
MENTIONED IN THIS ARTICLE
Taylor R. Kennerly
Wellington St
High Point
Federal Housing Administration
Greensboro
Kennerly
Taylor Kennerly Construction Co. Inc
University of North Carolina
Marine Corps
South Pacific
Tar Heel Port Shipments Break Monthly Totals
Morehead City ship channel records a record month as the freighter Pioneer Maersk arrives to load 485 tobacco shipments totaling six million pounds. The Laust Maersk carries 250 hogsheads to the Far East, the Soestdyk 1 724 to the Netherlands and Germany, the Sally Maersk 316 to the Far East, and the Berlin 3 014 to Bremen with Greenland sailing plans. The Marine Dow Chem tanker loaded a car.
MENTIONED IN THIS ARTICLE
Morehead City
N.C
Moreheath Ciy
Pioneer Maersk
Pioneer- Maersk
Laust- Maersk
Far East
Soestdyk
Netherlands
Germany
Sally
Local leader Kennerly noted for service in High Point
Kennerly was recognized for his work with the Day Center for Handicapped Children in High Point and his roles on the High Point Lions Club board and First Presbyterian Church associate deacon. He also earned the FHA Superior Performance Award last year.
MENTIONED IN THIS ARTICLE
Association
Kennerly
Day Center
High Point
FHA
Bond Market Gains as Fed Buys Government Debt
New York AP reports strengthened bond markets after the Federal Reserve expanded open market purchases to include government bonds and short term notes. Treasuries firmed, with 30 year 3s near 98, 12 year 4s up, while corporate bond activity eased from recent weeks but remained above a year ago.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve System
Fed
Treasury
New York Stock Exchange
Sears Catalog Cuts Prices in New Fall Winter Book
W H Hessee reports Sears Roebuck and Co. cuts average prices by .15 per cent in its 1,526 page fall and winter general catalog. TheHigh Point area stores receive the heaviest Sears book in 37 years weighing five pounds with 20 percent of pages in four colors. The price decrease comes from comparing over 2,000 items to the spring and summer 1937 edition issued last January.
MENTIONED IN THIS ARTICLE
Sears, Roebuck and Co
W. H. Hessee
High Point
Sears
Hessee
Also Mentioned on This Page
Federal Home Loan Bank of Greensboro
Bellomont
Frank G. Binswanger Inc
National Industrial Realtors
Hazel
W. M. Grimes
Thomasville
Jones and Brown Inc
Grimes Roofing and Siding Co
Florida
Georgia
Alabama
Mississippi
Hoyle
Virginia
Sheppard K. Ames Jr
Northwestern Mutual Life Insurance Co
Ames
Norman C. Cooper
George C. Bullard
Occidental Life Insurance Co
Charles Fletcher
Archdale
Ocat
Guyer St
Fletcher
By Joe Brown
Joe Brown
Enterprise News
High Point Man Forms Company
Taylor Kennerly
Tar Heel
Victor
Griffitl Office Equipment CO
N. Main St
Ing
J.B. Ivey & Company
N. Car
Fla
S.C
J. Sturgis May & CO
High Point, N. C
Homes & Business
Spivey
Hardware Mutual
Aurance Compas Ft the
Carolinad
P. O. Box
E Teleph VO
Prt
Hich PoInt Savings and Trusted
North Main
S. Main
Member
Federal Deposit Insurance Corporation