Furniture plant expansions signal confidence in industry
The furniture sector shows growth as new plants and warehouses rise across the South. Bassett Furniture adds 150,000 square feet in Bassett Virginia while Dixie Furniture and Link Taylor expand Lexington storage. Morganton Henredon builds a new table plant and Schoonbeck adds 45,000 square feet, with other firms also expanding to handle larger lines and tougher orders. Snyder Paper gains NC distribution and a High Point operation anchors its North Carolina base.
MENTIONED IN THIS ARTICLE
Home Furnishings Daily
Bassett Furniture Industries
Bassett
Dixie Furniture
Link Taylor
Lexington
Henredon
Morganton
High Point
Schoonbeck
American
Martinsville
Plesant Garden
Thomasville
Furnitureland, U
Snyder Paper Corporation
Drake
North Carolina Distributors
Eastern Fine Business Papers
Snyder
Hickory
Local business and career moves in Thomasville area
Store Manager at a Thomasville chemical firm for five years, a Davidson County native, with husband and three children, and Henry C. McPherson Jr whose education includes Allen Jay High and UNC business school, has joined Price Waterhouse in Atlanta. Insurance brokers and executives attend conferences in Montreal and New York, while Saunders Furniture names A. J. Johnson as appliance sales manager ahead of a transfer to Ralph’s TV in the College Village Center.
MENTIONED IN THIS ARTICLE
Thomasville
Davidson County
Henry C. McPherson Jr
Allen Jay High
University of North Carolina School of Business
Price, Waterhouse and Company
Atlanta
McPherson
Phi Beta Kappa
Beta Gam
Paul Owen
Prudential Insurance Co
Montreal
Canada
William F. Simmons Jr
Samuel L. Patterson
Harold L. Chadwick
Durham Life Insurance Company
New York
Saunders Furniture and Appliance Co
E. Washington St
A. J. Johnson
Williams St
City Appliance Co
Johnson
Saunders
Ralph's
New College Village
Ralph Saunders
Car Sales Boom In 1959 Amid Positive Domestic Trend
Detroit reports higher than expected car purchases in 1959 with production seen near six million. First half output around 3.3 million. fourth quarter to peak as 1960 models roll out. Inventories total about 900000 as buyers mostly stick with current styles.
MENTIONED IN THIS ARTICLE
Detroit
Harlow Curtice
General Motors
Deseret Opera About Mormon Pioneers Planned in New York
New York theater plans a new opera Deseret by Leonard Kastle. The work centers on Brigham Young and Ann Eliza Webb, one of his wives, focusing on Mormon settlement in the Southwest.
MENTIONED IN THIS ARTICLE
New York
Southwest
Deseret
Leonard Kastle
Brigham Young
Ann Eliza Webb
Valve Failure Tied to Vanguard Missile Setback
NASA confirmed a single pressure valve malfunction caused Monday's Vanguard satellite launch failure. The valve had previously operated reliably in numerous rocket tests, suggesting an isolated hardware fault rather than a systemic design issue.
MENTIONED IN THIS ARTICLE
Washington
Vanguard
Onne
National Aeronautics and Space Administration
Improved Railroad Economy Haunted By Memory Of Builder Robert Young
AP recounts the life of Robert R Young, promoter of the New York Central, who killed himself in 1958. The piece links his collapse to the postwar rail revival, lawsuits, a passenger deficit, and the 1957 recession hitting rail stocks hard.
MENTIONED IN THIS ARTICLE
Robert Young
William Ferris
NEW York (Ap
Robert R.young
Young
Palm Beach
Alleghany Corp
New York Central
The
Central
Assn
Unclear text on a business leader's decline and missing medical care
Fragmentary report recalls a former associate in a personal stock market loss legal battle with the Assn of American Railroads. In January 1958 he presided at a Florida Central directors meeting and promised dividends that were later omitted. Associates remember him as lifeless and refusing medical attention.
Also Mentioned on This Page
Duncan
Diebold Corporation
Canton
Ohio
Elon College
Greensboro
Minnesota Mining & Manufacturing Co
General Plywood Corp
Plywood
General Plywood
By Joe Brown
Mabel McKinnon
Joanly Shops
S. Main St
McKinnon
Chevrolet
Ford
Falcon
Chrysler
Irving Trust Co
Security Dealers Inc
Ivey, J. B. & Coa
Jackson
Jett
Lake Porto
Jefferson Btd
Kaiser Steel
Indi& UnGicely
Levingstone Shipbut Byle & Casully
Life Co, Inc
South
Aenee
Lone Star Steel Oeenee
Ac Millan Co
Eeeneeeree
Aerotms
Air Control
Maryland Casualty
Ly i Aiivac Metals
Ste Comm's
Bank
McLean Industries
N.C
Occidental Life
Ohio State Life + Furniture
Pecans
Schield Antam
Su Security Life
Skyland Life Security Nat's
Lb‘s
Behe
Comer Heritage Purniture Oat Southeastern
Ereye
Southland
Stevens
Superior
Sutton
Aeenee
Uu Els
SE Pfd Inc
Eveurane
Terrd
Nat'l Bank Ehreee
Es H. Knits
Walker
Valve
Virginia
Anita O'Keeffe
Sun Prairie
Wis
Old Dominion
Claude Harmon
Sam Snead
Willie Hoppe
Newport
R. I
Eleanor Jane
Reces
Meinhard & Company, Inc
Fourth Ave
Percy Payne
Sunset Or
N. C
Tel
Rogers
Insurance Agency
N. Main St
By Shawwalker
H Shaw-Walker
Sa Time
Seymour T. Partridge
G. Street
N. W
Washington, D.C
Sterling
Wellington
J. Sturgis
MAY & CO
Stocks & Bonds Security Bank
City
and Investment Managen
Dprvestors Diversified Services
ING
Jone
John W. Hughes
Birchwood Drive
High Point, N. C
Science
America
Ricy Pot Savings and Trusted
North Main
S. Main
Member
Federal Deposit Insurance Corporation
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