Furniture output holds up despite stock market dips
Seidman & Seidman report shows furniture production rising 18 percent in the first five months of 1962 versus 1961, with June shipments still 12 percent above last year. Retail furniture sales slowed, and a stock market slump is noted but unlikely to trigger a near term low mood. Best year on record for Basic-Witz Furniture. Copeland notes 38.2 percent rise in gross shipments and 45.5 percent rise in net orders for the year.
MENTIONED IN THIS ARTICLE
Seidman
Copeland
Cope- Net
Basic-Witz Furniture Industries Inc
Bernard Copeland
Waynesboro
Labor Department
Kennedy
Congress
House
Ways and Means
Security quotes guide for bids and asks from 1962 sources
The notice explains unofficial bid and asked prices compiled from the National Association of Securities Dealers and other sources. It states the quotations are only a guide to approximate ranges and not actual transactions. Dated July 27, 1962, it notes origins of quotations available upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Simmons Co to Acquire Thonet Firms
New York The Simmons Company will acquire the operating assets of Thonet Industries Corp on August 31. Thonet and its three subsidiaries The American Chair Co Home Furniture Co and North Carolina Furniture Co will operate as an independent Simmons subsidiary with Grant G. Simmons Jr. as president. Thonet chief John L. Weill will remain as chief executive of the company.
MENTIONED IN THIS ARTICLE
Nationwide
National Life & Accident National Old Line
New Britain Machine Co
North American Life N. C. National Bank
N. C
Ohio State
Allied Insurance
Allvac Metals
American & Efird
Piedmont & Northern
American Comm’s Agency
Public Service of
Pyramid Life
American Fidelity
National Life Alcan Rose
American Steriizer
Atlanta
Rowe Furniture
North American Lifespace
Western Petro
Blue Belt, Inc
N. C. National Bank
Boston Capital Me N
Natural Gas N. A
Ie Bowater Paper
Tal Life
Central Telephone Public Service of
Vermont
Colonial Stores
National Life Colonial Stores
Eee Rose’s
Colonial
Colorcraft Corp
Savannah Elec. & Power
Cone Mills
Teebeebeeee
Savannah Sugar & Refining
Consolidated Redit Schield Bantam
Craig System
Scott Foresman
Culligan, Inc
Scott Mattson Farms
Donnelly, R, R Sons
Security
Drexel Enterprises
Security Group
Duffy Mott
Security Life Trust
Dynatronics, Inc
Sonoco Products
Eastern Utilities
Soro
Stevens
Franklin Life Fox Stanley Photo Totes Stilkman Mfg
Superior Cable Futterman Corp
Telecompati
Garfinckel J. Common Texize Chemical
Textiles, Inc
S. E. Ptd
Thermo Plastics
Georgia International
Thomasville Furniture
Great Southern Real
Tidewater Natural Gas A. P. Green Time, Inc. Griggs Equipment
Towmotor Corp
Gulf Cities
Gulf Cities Gas
Gulf Life Insurance
Travelodge
Hamilton Mfg
Hanes, P. H. Knitting
U. S. Chemical Pi
Irving Trust Co
Western Power & Gas Ivey, J. B. & Companym
Wright Homes
Jackson Minit Market
Zonolite Co
Jefferson Standard Life
Kaiser Steel
Kavanaugh-Smith
Ketchum & Company
Lance, Inc
Lou Blower Ve
Liberty Loan Pid
Life & Casualty Inc
Lif’ General Stores
Lilly & Company
Lowe's Companies
Lucky Stores Haxson, W. L. Corp
McLean Industries
Metrotek Electronics
Moore Handley Hdw
National Food National Dev. Corp
New York
Simmons Co
Thonet Industries Corp
Simmons
Thonet
Grant G. Simmons Jr
American Chair Co
Sheboygan
Wis
Home Furniture Co
York, Pa
June Graduates Must Be Stoic in Memphis
Gen Alfred Gruenther addressed graduates at Memphis State commencement amid heat. He warned that every civilization has cruelties and quipped that commencements themselves test students as diplomas are awarded only at the ceremony’s end. He cited varying methods of aging and death used by others as context.
MENTIONED IN THIS ARTICLE
Memphis
Alfred Gruenther
Memphis State
Dollar Receives Backing as Markets Brace for Tax Debate
The dollar got a reassuring public showing from President Kennedy in a televised Europe news conference. Speculators dumped gold mining shares as dollar devaluation rumors faded. The stock market held steady awaiting July tax decisions while GM shares traded strongly and construction awards rose to a record $17.2 billion through May.
MENTIONED IN THIS ARTICLE
New York
U.S
Kennedy
Europe
Telstar
London
Johannesburg
Also Mentioned on This Page
By Joe Brown
Seidman & Seidman, Certified Public Accountants
Pittsburg
Norfolk
Nealeans
Virginia
West Virginia
High Point
Roanoke
Bluefield
Danville
Lynchburg
Winston-Salem
Greensboro
Durham
Raleigh
Kinston
Paul F. Crawford
D. W. Thompson
Charlotte
Crawford
N. Main St
Virginia Polytechnical Institute
Marine Corps
Florence
Enterprise
Joe Brown
Enterprise News
M. D. Keith
Hayden Place
College St
Professional Life Insurance Service
George P. Clark, C.L.A
NEW England Life
Mutual Life Insurance
America
Dollar
Jack Lefler
AP Business News
General Motors
F. W. Dodge Corp
Henry Mortgage & IN
Washington St
Vestment, Inc
Yardley, Ltd
Superior Cable
First Southern Co
B.B.S. Studios
Beaman Corp
Piedmont Nat'l Gas
Pyramid Life Ins
Textile Corp
Life & Casualty Ins
State Capital Life
Standard Fruit
J. Sturgis May & CO
PTA Eeases
N. Car. Nat'l, Bank Bldg
High Point, N. C
Joe Honeycutt
Life Insurance
Wickcliff Ave
Occidental Gentsurana ' Company of
North Carolina
Nome Office
Charles E. Diffendal JR
Allied Securities Corp
Greensboro Direct
Prudential
The
Prudential Insurance Company of America
Mutual Life Insurance Company
Wright Bldg
Conny G. Walker
Johnny E. Weaver
Eee SH
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