Wachovia May Merge With Fidelity Bank of Durham
Market notes report Wachovia may merge with Fidelity Bank of Durham though talks are not settled. In hosiery mills union negotiations focus on dues check off and arbitration while mills push to preserve benefits and inventory builds. If no new contracts are signed by July 1 operations typically continue under expired terms.
MENTIONED IN THIS ARTICLE
High Point
N. C
Wachovia
Fidelity Bank of
Durham
Boarders
Indi-Vie «4 Mills
Eg Durham Bank
S. Booth
Fidelity
Expansion Moves in High Point as Banks Weigh Merger Prospects
Right On Schedule Reliance Varnish Co on Prospect Street advances expansion with a second building planned totaling about 8 000 square feet for manufacturing and warehousing. Wachovia Bank and Fidelity Bank talks advance toward potential merger while Western Union relocates to larger premises on N Wrenn Street.
MENTIONED IN THIS ARTICLE
Reliance Varnish Co
Prospect Street
High Point
N. E. Byers
Coletrane and
Graham
Chamber of Commerce
Reliance
High Point Industrial Corp
Prospect Ad
Sunshine Biscuit man hosts Point Merchants dinner
Dite GOLD Gene Flack Advertising Manager and Ambassador of Sunshine for Sunshine Biscuit Company gave the principal talk at the annual Point Merchants Association dinner on Wednesday evening. He entertained a mixed audience from High Point with light humor and a Santa Claus like presence, tossing cigars into the crowd. The event praised by Dick Culler and Vance Kester, with Arthur J. Corpening of the Sheraton Hotel hosting a buffet. Also noted Taylors at New Dutch Laundry opened a new cleaning plant and gave away gifts. Lester’s Engraving in High Point promotes its engraving services as top in town.
MENTIONED IN THIS ARTICLE
Gene Flack
Sunshine
Sunshine Biscuit Company
Point Merchant's Association
High Point
Santa Claus
Flack
Biscuit Company
Dick Culler
Vance Kester
Merchant’s Association
Arthur J. Corpening
Sheraton
Taylors
New Dutch Laundry
Yesteryear
Lester's
Union Bag Cameo propose merger with stock swap plan
Proposed merger of Union Bag & Cameo Co Inc draws local industry attention. A special meeting of Union Bag stockholders is set for July 12 with proxy notices mailed. Under the plan Union Bag holders receive one new share per current share while Camp stockholders would receive 1.75 new shares per share.
MENTIONED IN THIS ARTICLE
Union Bag & Cameo Co., Inc
Union Bag
Tomlinson Promotes Sophisticate Furniture Collection
Promoting Tomlinson pushes its new Sophisticate line for fall and winter with four color spreads in House Beautiful and House and Garden. The plan includes trade advertising and an extensive dealer aids program.
MENTIONED IN THIS ARTICLE
Tomlinson
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North Carolina
Occidental Life Ins
Alo State
Aoaintaine Mills Eae
Oswego Falls
Orp
Peninsular Life
Allied Akenn
Amer & Tha É Soon Penn Fruit Co
T 'Amer
Penn Fruit
Ameriet Bermutt
Amer Marietta
Northern
Amer Trust A OR Piedmont Aviation
Piedmont Nat, Gas Potash Co
Amer
Public
Lvcc. Co
Atlanta Gas Light
Pyramid Life Ins
Apenic Steel
N.wleigh Co
Auto Finance Com
Dlas Sewing Centers
Reeves Soundcraft
Nd Rice Mills
Bank of Amer
Bausch
Bassett Furniture
Wentean Co
Beneficie
Beneficial Ltd
Ite
Natl. Bk
Black Panther Co
Security Life
Tue-Bell
Coco Products
Blue Ridge Ins. Co
Southern Plastics
Butler's Ne. Com
Southeastern Fund
Cannon Mills
Southland Life
Cape Fear Wood
Carolina Casualty Instate Loan & Fin
Carolina P&l
Texas Eastern Trans
Colonial Stores
Textiles, Inc
Commercial Nat'l. — i
Commonwealth
Time, Co
Cone Mills
acPta
Delta Air Lines
Union Natl
Drexel
Erwin Mills
U. S. Potash Co
Sit Food Far
Wachovia Bk. & Tr. Co
Estern Car. Te
Franklin Liteang. Co
Western Oil Fields
Garfinckel
West At. Mfg
Rving
Ye Ivey, J. B. Co
Jefferson Ltd
Ins
Kellog
Ikethers Inner Stores
Ky’stone Pt
Land Cement
Rt Press
Senior Finance
Lib. Life Ins
TS ' Life & Cas. Ins
Life Com Nies, Inc
Life of
By Joe Brown
Wachovia Bank
Western Union Moving
Western Union
Wrenn Street
Sheraton Hotel
Bruce Carraway
Employment Security Commission
Greensboro
Wilmington
Lester's Jewelers
M. Rawleigh
Kim St
N.C
LDS
Coure
Oldsmobile
Olds
Highland Motors
North Main ST
High Point, N. C
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Western Picture Frame Co
Western Table CO
St. Kolin Ave
Chicago, Illinois
Vonnegut
Diehl
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Monk
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Monarch
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Buss
Porter Routher
Jackson & Church
Onsrud
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Wyson & Miles
Jefferson
Ekstrom-Carlson
Pearson
Boice
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Exstrom-Carlson
Oliver
Indiana Pneumatic
Andrews
Wysong & Miles
Boice Crane
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Gardner-Denver
Quincy
H.P
New York
Williams
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Hyster Model V
Norman Levy & CO
Ctioneers — Liquidators
Chicago, Ill
High Point Savings and Trust
N. Main
S. Main
Member
Federal Deposit Insurance Corporation