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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 30, 1957
Page
5
Cotton futures rose for a fourth straight week on the New York Cotton Exchange as traders cited Washington developments and Hurricane Audrey. Prices hit contract highs with gains of 1.00 to 3.20 per bale amid hopes for support measures and early crop damage reports in Louisiana and Texas.
Communist press in Vienna objects to female miners in Bulgaria as a cause of coal shortages. Reports cite women bringing liquor and candy to the pits and even holding informal “ladies club” meetings while on duty, with some workers sleeping on the job.
Industry leaders say Chicago attendance and sales were better than press notices suggested. Surveys show optimism for the Southern show, with two large plants pleased and others cautious about inventories and future orders. May shipments lagged last year, but sentiment remains that business is not as weak as portrayed.
In Chicago the ongoing market maneuverings draw scant response below the Mason-Dixon line. January and June dates fail to spark traffic. Southern markets hold steady as the present setup seems distant. Adams-Millis Corp sends G L Miller to the Oklahoma Semi-Centennial Exposition where Dick McCubbin touts hosiery as top advertising.
Sol H. Greenberg has been named general manager of the Atlanta division of Dinette Parts Inc. He has many years of experience in furniture sales.
John T. Bruton agent of the High Point Thomasville and Denton Railroad was elected secretary treasurer of the North Carolina Coal Institute, a statewide group of coal salesmen and railroad traffic representatives. He is vice chairman of the Chamber of Commerce transportation committee and a former president of the Traffic and Transportation Club. Samuel L. Patterson and R. I. Owens with wives return from Asheville after attending Durham Life Insurance President's Club convention for top producers. Edley Machine Co. placed in receivership with attorney Ben Herman named receiver. Ed Blankenstein to announce personal plans later. John L. Coffee Jr. completed a one week insurance training in Pittsburgh. represents Mutual of Omaha and United of Omaha in Winston-Salem.
Brookford Mills in Newton faces a procedural fight as counsel for United Merchants and Manufacturing Co. seeks to overturn an arbitrator’s award granting vacation pay to idle workers. The plant laid off 450 during its shutdown, with the Textile Workers Union backing the claim.
Phil Rosenbaum, sales manager at Southbridge Plastics, will cover North and South Carolina, Georgia, eastern Tennessee, and southern Virginia. He'll base at Southbridge Plastics High Point district office and 1809 English St warehouse. The vinyl fabric line includes embossed and printed sheets under the Vinalon brand from Golding Brothers division.
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