Hosiery Industry Shows Strength Ahead of 1962
Spot checks of the hosiery business indicate production running ahead of 1961 with optimism for 1962. Seamless women’s hosiery and back-to-school goods lead. men’s half hose trail with limited overtime and about 80 percent capacity. Backlogs exceed last year as mills close for the July Fourth holiday, prices and costs holding steady amid market jitters over non run and anti run goods. Pilot Life Insurance reaches two billion in force with North Carolina investments over 28.5 million and daily investment pace over 115 thousand dollars. Seven local realtors join 124 at the Chapel Hill Realtors Institute, names include Harris Malpass O’Neal Tatum Pennington Mendenhall Clodfelter.
MENTIONED IN THIS ARTICLE
Trict
C. F. Stafford
Pilot
Pilot Life
North Carolina
Stafford
Realtors’ Institute
Chapel Hill
Lewis C. Harris
Ray Malpass
Essie O'Neal
Sherard Tatum Jr
Horace Pennington
E. E. Mendenhall III
B. R. Clodfelter
European Tour Planned by Lions Delegate J Sturgis May
J Sturgis May, a local investments broker and official Lions International delegate, leaves today for Europe. He will attend the convention in Nice, France, then tour European countries visiting the Yardley plants and headquarters, Bowater Paper Company in London, and several Amsterdam brokerage houses before returning in four to five weeks.
MENTIONED IN THIS ARTICLE
J. Sturgis May
Europe
May
Convention of Lions International
Nice
France
Yardley
Bowater Paper Company
London
Amsterdam
Merger completes leadership takeover at Johnson Motor Lines
Officers of Johnson Motor Lines Inc headed by President W L Nahrgang and Chairman M E Sheahan assume the same titles at Atlanta New Orleans Motor Freight Co. Effective June 11 the two lines run under common management. Atlanta New Orleans president T S Johnson becomes assistant to Nahrgang. Jointly with Emmett Valley Transportation Co the system will serve 16 states from Massachusetts to Louisiana with 1800 employees and 1500 units.
MENTIONED IN THIS ARTICLE
Johnson Motor Lines Inc
W. L. Nahrgang
M. E. Sheahan
Atlanta- New Orleans Motor Freight Co
Atlanta
Market quotes from NASC provide June 1962 bid and ask ranges
The document lists unofficial bid and asked prices as of June 14 1962 from NASC and other sources for numerous securities. It notes quotes are guide ranges not actual transactions and origin of quotes available on request alongside names of issuers and prices across many firms and sectors.
MENTIONED IN THIS ARTICLE
National Association of Securities Cenlers, Inc
Bundy Named Vice President at Ma-Ro Hosiery Co
Robert M. Bundy Jr. was elected to Ma-Ro Hosiery Co. board as vice president of all operations in the South. He previously served as general manager and chief stylist for Southern operations and helped launch the B.V.D. and Botany sock lines. Bundy will oversee new Ma-Ro lines Big Yank and Marlboro from the Thomasville main office.
MENTIONED IN THIS ARTICLE
Robert M. Bundy Jr
Ma - Ro Hosiery Co
South
Bundy
Ma-Ro
Big Yank
Marlboro
Tom Bresnanan
McCall's Magazine
Pavilion
Bresnahan
McCall’s
New York City factor seeks brokers for receivables financing
A New York City factor with substantial financing depth seeks contact with brokers to procure accounts receivable financing and leasing. Principals frequently in this area. Write Box H-46, c/o The Enterprise.
MENTIONED IN THIS ARTICLE
New York City
Association United Collection Bureau Joins American Collectors
Association United Collection Bureau Inc. is accepted as a member of the American Collectors Assn Inc. Manager A H Livingston says the group comprises 2000 collection agents across 50 states and several foreign countries. U S Plywood reports record sales of 301 898 000 for the year ended April 30 1962, up from 260 000 000 prior year. Earnings after taxes rise 63 percent to 12 025 200 or 3 92 per share on 2 978 240 common shares.
MENTIONED IN THIS ARTICLE
United Collection Bureau Inc
American Collectors Assn, Inc
A. H. Livingston
U. S. Plywood
Cascades Plywood Corporation
Textile Hall Corp plans Greenville exposition building
Textile Center preliminary plans for a 183 700 square foot exposition hall in Greenville South Carolina have been approved. The target completion date is June 30 1964. The structure will house the Southern Textile Exposition and may be doubled in size with an east addition. Construction begins next year.
MENTIONED IN THIS ARTICLE
Textile Hall Corp
Greenville
S. C
James H. Woodside
Greenville Municipal Airport
Southern Textile Exposition
North Carolina Auto Dealers to Meet at Blowing Rock
The North Carolina Independent Automobile Dealer's Assn will hold its seventh annual convention at Green Park Hotel Blowing Rock June 23 to 25. Congressman Charles R. Jonas will address the event.
MENTIONED IN THIS ARTICLE
North Carolina Independent Automobile Dealer's Assn
Green Park Hotel
Blowing Rock
Charles R. Jonas
Temper and Meeting for Members and Wives
A report notes a gathering with a principal speaker on temper and a business meeting for members plus entertainment for members and their wives.
Also Mentioned on This Page
By Joe Brown
Pilot Life Insurance Co
High Point
J. M. Everitt
Dis
James R. Fox
Daniel Ruebel
Washington University
St. Louis
Fox
Ruebel
Aerotron
Alfied Security
Allvac Metals
Amer. Comm
American Discount
American & Efird
American Fidelity
American Land
Atlanta Gas Light
BBS Studios
Bassett Furniture
Bide Bell, Inc
Boston Capital . Me
Bowater Paper
Brush Bergilium
C.M.C. Finance
Cannon Mills
Carolinas Capital
Carolina Casualty Ins
Carolina Natural Gas
Carolina P&l
Carolina Steel
Carolina Tel and Tel
Central Telephone
Central Vermont
Colonial
Colonial Stores
Cotorcraft Corp
Core Mills
Consolidated Credit
Craig System
Cutligan, Inc
Donnelly, RR & Sons
Drexel Enterprises
Duffy Mott
Dynatronics, Inc
Eastern Util
Economic
Home Tel & Tel of Horne’s Enterprises
Houston Corp
Huyck Corp
Intermtn
Tel Interstate Life & Aient
Svc
Syn of Canada
Irving Trust
Compan Ivey, J.B. & Co
Jackson Minit Markets
Jefferson Ltd
Life Kaiser Steel
Kavanaugh Smith Ketchum & Company
Lance, Inc
Lau Blower Liberty Loan Ptd
Life & Casualty
Lil General Stores
Lilly & Company
Eli
Lowe’s Companies
Metrotek Elect
Moore Handley, Mdn
Nationwide Homes
Nati Life & Accident
Old Line Life N.C. National Bank N.C. Natural Gas N.C. Telephone Occidental Life
Ohio State Life
Textile Corp
Piedmont Aviation
Piedmont Natural Gas
P&n Railway Public Loc
N.C
Pyramid Life Republic
Nat Life Rose
Rowe Furniture
Savannah Elect. & Pwr
Savannah Sugar & Refining Shield Bantam Scott Mattson Farms
Shsad Security Group
Security Life & Trust Sonoco Products
Soroban Engineering
Sou
Frontier Finance
Southland Life
State Capital Life
State Loan & Fin
Sterling Inc. Fund
Stevens Markets
Stevens Markets Ptd
Superior Cable
Texize Chemicals
Textiles, Inc. Thermo Plastics
U.S. Chemical Milling Tye
U.S. Leasing
Wachovia Bank
Walker
B.B. Shoe
Walter
Jim Watson Bros
Western Carolina
Ye Wise Homes
Wright Homes
Robert A McCuiston
Edgar T. Docbrow
Pension
Accident & Health
Lans
N. Main St
Powell, Kistler
Powell, Kistler & Co
S. Main St
Fayetteville, Kinston & High Point, N. C
Norfolk, Va
Orlando, Fla
Myrtle Beach
The
N.Y. Stock Exchange
B.V.D. Sock
Botany
Thomasville
Usiness Brokers
In Association
Plywood
Charles V. Morgan
Chevy Chase, Md
New England
Clyde Pearson Inc
Ferson
Thomasville Furn
First Southern Co
Crompton
Beaman Corp
Omy Tey
Warareu
Nat'l. Bank Bldg
High Point, N. Car
Servo
Reinhard & Company Inc
Park Ave. S
New York
Southern Rep
Otis L. Holland
Greensboro
Professional Life Insurance Service
George P. Clark, C.L.A
NEW England Life
Mutual Life Insurance
America
Joe Honeycutt
Life Insurance
Wickcliff Ave
Occidental Lye Greurana CompAny OF
Home Office
Raleigh
Max Bones
Ee Ee
Charles E. Diffendal JR
Allied Securities Corp
Greensboro Direct
Bruce A. Bailey
William L. Black
Prudential
Michelin
Tire Service
Gatewood Ave
Hospital
Main St
Henry Chavitz
W. Washington St
Jeet