Business Notes Boost from Job Reports
Private comments align with latest employment office data as business activity shows improvement, according to ongoing notes from Joe Brown.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 04, 1961
Page
5
Private comments align with latest employment office data as business activity shows improvement, according to ongoing notes from Joe Brown.
The April report from the Southern Furniture Manufacturers Association shows new orders up 1.5 percent from April last year, though shipments remain down 17.2 percent. Unfilled orders fall 11 percent, about six weeks of current shipping. Economists expected a boom in the latter half of 1961 as inventory strategies improve with seasonal changeovers.
J Wayne Williard, High Point native, becomes partner and manager of Idol-Green Realtors insurance division. He has five years in local insurance work, UNC graduate, and serves as an officer in the Elks Lodge. Dr. Howard C. Jarrell attended the NC Optometric Society meeting in Asheville.
Bid and asked prices from the National Association of Securities Dealers and other sources are unofficial and intended as a guide to approximate ranges. They indicate the prices at which securities could have been sold or bought at the time of compilation with origins available upon request.
Small shopkeepers use year end greetings to thank patrons and cue future purchases. Examples include a Sacramento gas station operator sending birthday and anniversary notes with small gifts, and a New Jersey clothing store owner offering private sales to regular customers before public release.
Secretary Hodges welcomed rising new orders in April marking a 3 percent month over month gain to 30.7 million, the highest in 16 months. Factory inventories fell seven months and backlogs increased for a third straight month, while manufacturers sales rose 2 percent.
New May construction rose 11 percent from April, while employment increased by 1,044,000 to 66,778,000 and unemployment fell 194,000 to 4,768,000. Analysts note a slower job recovery, with Steel output for the week at 2,077,000 tons, about 72 percent capacity, and June expected near May levels.
George Crickmore of Georges Mobilehomes in High Point is named authorized dealer for Mallard Travel Trailers. Mallard Coach Corp. West Bend Wisconsin says the High Point outlet has exclusive sales rights for the full Mallard trailer line in the region.
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