Adams-Millis stock rally sparks wary questions on staying power
The piece reviews Adams-Millis Corp stock history from 1957 to 1960 including shares outstanding, price peaks and splits, and the MAC Panel merger effects. It notes a high of 47 1 2 and a low near 16 1 4, then a rebound to 47 1 2 with 745,000 shares outstanding and a total value approaching the high millions. It also covers Allied Securities’ creation of a new leadership role for Charles E. Diffendal Jr. in High Point and surveys by the National Association of Furniture Manufacturers on market costs and the effort to convene leaders for cost discussion. The Marietta Report shows American Marietta’s six month net sales up 13 percent to $160.9 million, with weather delaying the second quarter, and a 2 percent dip in net income to $9.21 million, alongside a 16 percent rise in cash flow to $17.03 million.
MENTIONED IN THIS ARTICLE
Adams-Millis
MAC Panel Co
MAC
Adams- Millis
Allied
National Association of Furniture Manufacturers
NAFM
John Snow
Marietta
Grover M. Hermann
American-Marietta
American Marietta
Pyramid Life
Rawleigh, J. N
Republic National Life
Rose's
Rowe Purniture
Seyty
Ryder System
Shield Bantam
Fumepens
Frickar Corp
Sash
Preach Life Trust
Garfincke
Security National
Soroban
Griges Equipment
Guaranty Savings Life
Bae
Syn
Canada
Mulherma King
Irving Trust Company
Teeheeeeewee Ivey, J. B. & Company
Ja ‘Son Minit
Jefferson Lake Petroleum
Towmotor Corp. & Equipment
Jefferson Ltd, Life
Eee
Bia
Kaiser, Steel
Kavanagh-Smith
Atte Adame Engineering
Ketchum & Company
Aerotro Eveave Et Eeee
Lou Blower
Wachovia Bank Steer
Allvac Tals Hee
Life & Casualty Ins
Walker, B. B. Shoe
Kcan Comm
Life Companies, Inc
Walter
Jim Vee
American & Efird
Oavewee
Life Ins
South
Western
Carolina
American Fidelity Life
Lilly & Eeeeany
Rand
Roe
West Point Mfg
Co Wees
Wise Homes
Lone Star Steel
Wright Homes Pee Eveerwons
Arno
Lucky Stores
Zonolite Co
Atlanta
MacMillan Company Wennee
Maryland Casualty Steee O'S
Bassett
Eeneke
Maxson
W. L. Corp
Weenee 3A
McLean Industries Feune
Billups
Senora’ Petroleum
Miami Window Inc
Black Panther
Miles Laboratories
Blue Bell, Inc
Moore Handley
National Dev. Corp
Bowater Paper
Brush
Carolina P. & É
In. C
N. C
Central Elec
Oss
Occidental Life One
Eteas
Ohio State Life Sereebeene
Central Telephone Ptd
Century
Peninsular Life
Penn Fruit
Chatham
Pfaudier-Permi
Coastal Plain Life
Piedmont Aviation
Piedmont Natural Gas
Colonial
Piedmont & Northern Ray
N.C
Life
Variites ii
Delhi Taylor Oe Donnelly, R. R. & Sons
Crackett Company
No Rush To Newest Hospital
A Los Angeles AP report on Southern California's first all dental hospital opened last December. It offers luxe rooms and services but faces slow demand as only 80 of 500 dentist staff have brought patients, with a high minimum fee and outpatient clinic revenue from 150 weekly calls. The facility aims to expand, hoping to become as common as other specialized hospitals.
MENTIONED IN THIS ARTICLE
Los Angeles
Southern California
All Dental
John Hay
American Hospital Management Corp
Dental Hospital
Hay
Beavers Remain Key Maine Resource In Colonial Echo
In Augusta Maine the beaver once a monetary pelt now sustains trappers with annual pelts valued at 100000 to 250000. Beavers still shape the landscape with 10 foot high 500 foot dams that block culverts and flood roads but also conserve soil provide fish and waterfowl habitat and supply water for farms. Moose and deer feed on browse from beaver stumps and ponds offer refuge and aquatic plant feed.
MENTIONED IN THIS ARTICLE
Augusta
Maine
Romney predicts half of cars sold will be Rambler-sized by 1961
AP interview with George Romney, president of American Motors, states compact cars will reach 50 percent of U.S. sales by end of 1961. He notes Ramblers spurred a shift away from big cars, cites rising compact share from 25 to 30 percent and praises utility, economy, and durability over size.
MENTIONED IN THIS ARTICLE
Ben Phlegar
Detroit
George Romney
Romney
American Motors
Studebaker- Packard
Mayor Hartsfield Keeps Atlanta Stable Amid Tense Times
William Berry Hartsfield, serving 22 years as Atlanta mayor, remains steadfast at 70 guiding a city with a large Black population through racial unrest. He cites open City Hall access for Black residents and a strong credit position, noting May 1961 desegregation and his $20,000 salary.
MENTIONED IN THIS ARTICLE
William Berry Hartsfield
Atlanta
American Municipal Assn
Hartsfield
City Hall
Georgia
Hartsfields
Security Quotation Guide From NASD June 17 1960
Unofficial bid and asked price ranges compiled from NASD and other sources. They indicate approximate selling and buying ranges at the time, June 17 1960. Origin of quotations available on request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Also Mentioned on This Page
Adams-Millis Corp
Allied Securities Corporation
Charles E. Diffendal Jr
High Point
Diffendal
High Point High School
University of North Carolina
Diffendal Floor Coverings, Inc
Carolina Securities Corporation
By Joe Brown
Ralph Dighton
By C. P. Haynes
Atlanta, Ga
Greensboro, N. C
Charles E. Diffendal, Jr
High Point, N. C
Commerce Place
Archie B. Joyner
Pres
J. Floyd Rollins, Jr
V. Pres
George G. Jones, V. Pres
Chas. E. Diffendal, Jr
V.pr
Soroban Engineering Company
RCA
Sperry-Rand
J. Sturgis May & CO
Nat'l Bank
N. Car
E. O. Lane
Eprei Nellerson
Meinhard & Company, Inc
Fourth Ave
New York
Say
High Point Bank
Savings, and Trust
North Main
S. Main
Member
Federal Deposit Insurance Corporation
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