NAPA executives forecast record year at Harrisonburg meet
High Point officials joined about 150 NAPA representatives from three states in Harrisonburg Virginia where John A Brosnaham president of warehouse operations outlined a projected 10 percent annual sales gain for the next five years and an unveiling celebrated the 2 millionth muffler from the Harrisonburg plant.
MENTIONED IN THIS ARTICLE
High Point
National Automotive Parts Assn
Harrisonburg
Frank C. Burney Jr
North Carolina
R. B. Garber
Napa
John A. Brosnaham
Saxon Favored for GOP State Chairmanship
In Raleigh AP report, Rep. J Herman Saxon of Mecklenburg gains support to succeed Robert Gavin as Republican state party chair. Rep. Dan R Simpson withdrew from contention citing law practice demands but supports Saxon. Gavin resigns. state Executive Committee to meet to approve resignation and name a successor.
MENTIONED IN THIS ARTICLE
Raleigh
J. Herman Saxon
Mecklenburg
Robert L. Gavin
Dan R. Simpson
Burke
Simpson
Saxon
Gavin
GOP
MacArthur Powers End To U S Track Feud
General Douglas MacArthur ordered a halt to the U S track and field feud with Russia ahead of the Moscow meet. He urged the sport to allow athletes to compete in the National AAU championships in St Louis June 21 22. William Russell head of the USTFF negotiated and ended the boycott at the Houston championships clearing the way to select the U S team for Europe.
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New York
Douglas MacArthur
U.S
Russia
Moscow
Track and Field Federation
St. Louis
Kennedy
William Russell
Los Angeles
USTFF
Russell
Houston
Europe
Concord to Get Morton Frozen Foods Poultry Plant
RALEIGH AP Morton Frozen Foods, a Continental Baking Co division, will open a poultry processing and storage plant in Concord within 60 days. The Phebe Poultry Plant and Carolina Freezer were bought from the North Carolina Business Development Corp. About 100 jobs will be created with future expansion possible. The governor’s office calls Morton the nation’s largest prepared frozen food processor.
MENTIONED IN THIS ARTICLE
Raleigh
Morton Frozen Foods
Continental Baking Co
Concord
Gov. Sanford and Company
Phebe
Carolina
North Carolina Business Development Corp
William R. Kitchin
Morton
North Carolina
Securities Control Moves Tighten Unlisted Market Rules
The SEC proposed sweeping rules to regulate over-the-counter stocks and force broker-dealers to join the NASD self policing group. The plan aims to extend full financial disclosure to 4200 unlisted firms and tighten standards for brokers amid mixed industry reaction.
MENTIONED IN THIS ARTICLE
New York
Securities and Exchange Commission
Congress
SEC
The
Going is Rough For Farm Prices
Washington reports the Kennedy administration struggles to raise farm prices as promised. Prices remain near 240 percent of the 1910 14 base, with livestock and farm products lagging while crop prices show small gains. Subsidies and limited production controls are the main tools amid congressional resistance and farmer hesitance. Parity price as a federal goal has faded from public debate.
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Washington
Kennedy
Eisenhower
Ezra Taft Benson
Orville L. Freeman
Freeman
Congress
Turkey
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