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High Point Enterprise in High Point, North Carolina

28 Jun 1964

Page 4

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jun 28, 1964

Page

4

North Carolina Industry Ties Farm Rates to Droughts

Drenching rains in North Carolina revive furniture market hopes as farm income and crop prospects influence consumer demand. Tobacco, corn, and irrigation costs shape earnings for manufacturers, with capital and land challenges in the coastal plain and Piedmont. National Upholstery taps Hogan-Rose for PR, Pontiac dealer council expands, and Rose's Stores shares profit to 561,900 from 1963 operations. J. Penney first quarter sales rise 13.6 percent.

MENTIONED IN THIS ARTICLE

North Carolina May Rene William B. Batten Paseo Southern Life Insurance Co Greens Otho Point Washington Rose’s Tom H. Womble Rose’ S Net Fidelity Bankers Lite Floral Association of Securities Deslers Fieldcrect Mills Ghlo Stata Lie Southern Co Peninsular Life Sn Inc Aerotron First Union Nat‘l Blark Pexthe Corp Allvac _Metals Fox Stanley Photo Ba P&n Railway Tos Franklin Life Wee Pledmont Aviattey Amer American Discount Garfunckel J. Um Pledmont Natural G General Shale UM Bierce & Stevens Chem American Land Amer Fidelity Life Georgia International the Public Service of N Great Southern Real Pyramid Atlanta Green A. P Republic Nat'l Lite Rowe Furniture Ands Bbs Guilt Life Insurance Savannah Elec & Pwr Bassett Furnitur Hardees Savannah Sugar & Refs Western Petro Blue Bell Ine Nets Warris-Teeter Security Life & Ti Boston Capital Inc Hayele Corporation Ad Seneca Products Ee Bowater Paper Intermountain Tel Sarg Pal Brush Servitttum Teal Interstate Life & Accid Frontier Finance 1S Co. MC Southern Nitrogen Cannon Mills Ivey, J. B. & Co Southland Lite Carolina Casualty Ins Jefferson Ltd Life State Capital Life Carolina Freight Carriers Kalsar State Loan Caralina Mis Inc Kavanagh-Smith Sterling Inc Carolina Natural Kentucky Central StickMan Mig Carolina Central Verrmant Litt General Stores Therma Plastics Coastal Plain Life Ally & Co Eid Sn Thomasville Furniture Wa Ira Lowe's Tidewater Natural Luck*s Inc Towmotor Corp McLean Industries Trans Bus Abyaldercraft Corp Moore Handley Trans Gas National Nat’ Dev. Corp Fe Reti Travelers. Insurance Commonwealth Life National Life & Accid TraveLodge Corp. Consolidated Credit National Old Line Life United Family Downtowner Corp New Britain U.S OVE Way Cracketi Company Wachayla Bar Am Drexel Enterprises Cn C. National Bank Walker Eastern Western Carolina Rator Express N.C. Telephone J Basts Fern Power & Gas In Machine Works Od Warne Wright Homes
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Insurance managers meet at Myrtle Beach mid year session

T. H. Worth, High Point district manager for Pilot Life Insurance, joined a mid year meeting in Myrtle Beach June 24 to discuss underwriting and field management topics. Southland Life Insurance High Point names four more men for a New Orleans convention in July, joining 16 already named.

MENTIONED IN THIS ARTICLE

T. H. Worth High Point Pilot Life Inurance Co Myrtle Beach S. C Southland Life Insurance New Orleans W. Culler A. R. Russell T. A. Kemp R. L. McKinsey
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Germans Look East For Trade

Salzgitter Germany large industrial complex seeks orders from Soviet bloc to restore profitability. West Germany trades with East despite anti-Communist stance. Salzgitter once heavy Nazi era plant now shifts focus to steel, ships, buses, and technology. Dow Jones and S&P indices show market gains amid shifting industrial outlook.

MENTIONED IN THIS ARTICLE

Salzgitter Germany Hermanning Mittelland Canal East Germany Paul Rheinlander West Germany Europe Federal Republic of Baltic Sea
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Stocks Continue To Record Gains Across Markets

The Associated Press notes broad stock gains with the NCNB index near its May high as Cannon Mills, Celanese, Kayser-Roth and Thomasville Furniture lead advances. Tobacco issues slip with Liggett Myers and Reynolds down, while utilities such as Duke show mixed results amid broader market activity. The report mentions Germany’s Salzgitter and Ludwig Erhard in economic context, reflecting postwar industry shifts.

MENTIONED IN THIS ARTICLE

Salzgitter Volkswagen Drexel Thomasville Furniture Germany Ludwig Erhard West Gert International Modern
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Market Quotes From New Trading Session

Security quotations show South Carolina Electric and Gas rising to 59 percent and Carolina Power advancing to 38 percent after last week offering new shares. Carolina Telephone slips, Amana Electric listed, Riegel Paper falls slightly, Overseas Transportation drops, Occidental Life gains to 22 percent.

MENTIONED IN THIS ARTICLE

South Carolina Electric and Gas Carolina Power Carolina Telephone Riegel
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Auto Contract Talks Stir Economy Amid Strike Fears

Auto industry contract talks with Ford and UAW raise strike fears as stocks dip while Ford signals willingness to negotiate. UAW seeks earlier retirement and higher wages with shorter work week and better conditions. Teamsters strike disrupts car deliveries, boosting supply concerns. Steel output falls for fourth straight week but orders hold. FTC orders health warnings on cigarette packs sparking legal pushback.

MENTIONED IN THIS ARTICLE

Jacek Lefler It York New York Stock Exchange Fort .C Ford’ Motor Co Cor Ford United Auto Workers UAW el Motors Chrysler Coronado Calif Walter P. Reuther Teamsters Union New England Delaware International
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Foreign Car Imports On Upswing Again

DETROIT AP Foreign auto makers are gaining a bigger slice of U.S. sales with more than 400000 imports expected this year after a 385000 figure last year. The rise follows a four year drop, with 1959 peak at 614000. VW dominates foreign regs, listing 96014 in four months, as 1964 aims lift Volkswagen past 240163 last year. As of June 1 VW runs 13 percent ahead of last year.

MENTIONED IN THIS ARTICLE

Detroit U.S Volkswagen United States
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Also Mentioned on This Page

By Joe Brown Ager Georgia Florida Coastal Go.ast!week Hogan-Rose & Co Knoxville Tenn Dave Neill Neill Pontiac Pontiac Dealer Council Pensacola Fla Pontiac General Motors James H. Drumwright Jr DuPont Co. Fabrics Dallas Texas Jim O'Keefe Gurney M. Snider Lyles Chevrolet C Chevrolet Charlotte Snider Nassau Penney Report J. €. Penney Co North Carolina Nationa Bank Stock Index Ncnb Stock Index The Associated Press Two States Kayser - Roth J. P. Stevens Collins and Aikman Liggett and Myers Reynolds Inneereass Tobacco Lorillard Duke Travelers Hartford Conn John Diffendal Piedmont Insurance Prone & Realty Company North Wrenn St J. Sturgis Edgar E Group MAY & CO Bob L. Parrish CL Gee First Union Nat'l, Bank Bldg Stocks & Bonds North Carolina National Bank Connecticut Mutual George D. Davis C.L.A. & Associates B, Delbert Kirkman Ralph C, Davis William R. Taylor, Jr Connecticut Mutual Life N. Main St High Point, N.C Wachovia Bank Brig. Greensboro, N. C Fe Lants Wena As & Tcsul VET Anvigen Cat Et Nthe Ft Bo Pene Torecas Morgan Guaranty Trust Co New York Federal Trade Commission High Point Bank Accident & Health Professional Life Insurance Service Geo. P. Clark CO Lyon New England Life Mutual Life Insurance America Occidental Royal Protector Wickeliff Coy Holmes Realtors North Main Street Joe Honeycutt
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