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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Mar 03, 1963

Page

7

Stocks Break Sharply in Week Decline

The Associated Press average of 60 stocks ended at 251.1, the steepest weekly drop since June, down from 257.9 a week earlier. The commodity index slipped to 160.0 from 160.5, led by weaker food and livestock groups.

Associated Press Food and Livestock

New Mat Service Inc Formed In High Point

Secretary of State Thad Eure issued a charter for Mat Service Inc of High Point to prepare and produce stereotype mats. C Ed Kemp is president with David C Gadd as vice president and Jessie R Kemp as secretary treasurer. Production to begin around March 10 at 3001 N Main St High Point. Initial focus on newspaper mat services for furniture makers. It also lists upcoming real estate education conferences across six cities March 12 13 14 and 19 20 21 sponsored by NCAA with local boards. Bill Sharp Jr elected to Say A Stop Inc board of directors. Leggett Platt names Southland Bedding as warehouse agents in the region. Henry Lovett owner and Richard Hartley rep for Southland Bedding. Harold L Culler High Point reps Lincoln National Life Insurance ranked 21st in January by Say yes. Elbert A Hamilton completed three weeks of training at State Farm Bloomington home office. FE O Lane awarded Certificate of Achievement for 15th Career School in Life Underwriting. R H Watts completed Pre Debit Training with Southern Life Insurance Co. Attended Cloudburst Celebration in Atlanta for NC Mutual Life Insurance agency directors. Mrs Hattie Campbell and Charles Addison attended.

Thad Eure Mat Service Inc High Point C. Ed Kemp David C. Gadd Jessie R. Kemp Treas Kemp N. Main St Rocky Mount Jacksonville Sanford Charlotte Winston-Salem Asheville Harry G. Brown North Carolina Association of Realtors NCAA Brown William W Bill) Sharp Jr Acclaim Hosiery Mills Inc Say-A-Stop Inc B. E. Griffin Say- A-Stop Inc Fla Roanoke iSharp Acclaim Sharp Chadbourn Hosiery Mills Inc Mack, Judson and Voehringer Inc Madison N. C Wake Forest National Lefthanded Golfers Assn Harold L. Culler Lincoln National Life Insurance Co Raymond E. King Henry W. Persons Culler Elbert A. Hamilton S. Main St Bloomington Hamilton Raleigh State Farm Mutual Automobile Insurance Co State Farm FE. O. Lane Jefferson Standard Life Insurance Co Greensboro Lane Jefferson Standard States District of Columbia Hanes, P. H. Knitting National Association Harris Teeter of Securities Dealers, Inc Holiday Inns Huyck Corp Intermountain Tel Life & Accid Ivey J. B 1846 Jackson Minit Morkele Jefferson Ltd. Life Kaiser Steel Kavanaugh Smith Alice Land Devree Ketchum & Company Allied Security Geese Lance, Inc Allvac Metals S American & Efird Liberty Loan American Cryogenics Life & Casualty American Comm’s Agency Lil General Stores American Discount Lucky Stores Amer. Fidelity Luck’s Inc Bs American Land Maxson, W. L. Corp American McLean Industries Atlanta Gas Light Moore Nat'l Dev. Corp Bassett Furniture National Food Billups Western Petro National Old Line Life Bive Bel! Inc National Life & Accid Glia Boston Capital, Inc Nationwide Bowater Paper Brush New Britain Machine Co. M. C. Finance North American Life National Bank CFM Corporation N.C Cannon Mills B ‘ N C. Natural Gas Carolinas Capital Eeeee Carolina Casualty Ins Occidental Life Carolina Natural Gas Ohio State Life Carolina P & L Carolina Tel & Tel Central Telephone Peninsular Lite Vermont Textile Corp. Coastal Plain Life Ins. Co P&n Railway Cable Dairy Piedmont Aviation One Colonial Stores Piedmont Natural Gas Pidsence State Capital Life First Co. Ptd State Loan First Union Natl Bank Sterling Inv. Fund Fox Stanley Stevens Markets Franklin Life Stevens Pfd Futterman Corp Garfinckel J. Com Still Man Superior S. E. Pfd Texize Chemicals Georgia International Textiles, Inc Thermo Plastics Green Thomasville Inds Griggs Equipment

Kennedy presses large tax cuts amid criticism and steady industry gains

President Kennedy urged prompt broad tax cuts to avoid a fifth postwar recession, signaling willingness to relax reform aims. Critics led by AFL-CIO and lawmakers faulted the plan’s details while economy signs showed gains: steel, retail sales, construction, auto sales, and durable goods orders rising.

Kennedy

Lake Norman Opens Public Access Areas by April 15

Duke Power announces four Lake Norman public access sites opening free to the public by April 15 with three ready by March 1. The lake spans 33 miles with a 510 mile shoreline touching Mecklenburg Iredell Lincoln and Catawba counties.

Lake Norman Charlotte Duke Power Co Duke Power Ing North Carolina Mecklenburg and Iredell Lincoln and Catawba Duke Duke Power Company

Travelodge names and finance firms cited in security quotations

A fragmented listing references Travelodge Corp and several finance and utility firms including U S Leasing U S Realty Wachovia Bank Walter Jim Watson Bros Trans Western Power and Gas Wright Homes Zonolite Co. The item reads as a set of quoted securities or lease terms without full context.

Ank ‘Walter, Jim Watson Bros Trans Western Pwr. & Gas Wright Homes Zonolite Co

Hampton joins Duke Power Staff

John R. Hampton planning director of the Western North Carolina Regional Planning Commission resigns to become an industrial development representative with Duke Power Co. He will cover western counties, joining Creed F. Gilley’s team in Charlotte. 募 He has worked in Asheville since 1958 and holds UNC degrees plus Yale credentials.

Charlotte John R. Hampton Western North Carolina Regional Planning Commission Duke Power Co Hampton Asheville Leaksville University of North Carolina UNC Yale University Duke Power Creed F. Gilley Duke Durham Anderson, S. C City Philadelphia Delaware County Wichita, Kan Skidmore Owens & Merrill Tennessee Eastman Co Eastman Kodak Co Linde Air Products

Piedmont to Host F-27 Maintenance Meeting in Winston-Salem

Piedmont Airlines will host the Air Transport Association F-27 maintenance meeting in Winston-Salem May 7 and 9. Over 75 representatives from eight U S local service airlines using the Fairchild F-27 are expected, along with executives from F-27 manufacturers and suppliers. The event marks Piedmont’s first time hosting the annual gathering.

Winston-Salem United States Piedmont Airlines Air Transport Assn Piedmont Las Vegas Nev U. S R. S. Macklin Macklin T. H. Davis H. K. Saunders Smith Reynolds Airport

Charlotte Firm To Expand Here

Barnhardt Manufacturing Co. of Charlotte plans a fabricating and distribution plant in High Point on Prospect Street Ext. The $100,000 operation will start with 10 workers under plant manager Glenn A. Hinds and sales head Ed Saunders. The new facility will produce cotton felt products Ciron foam goods and Bondflex resin bound cotton fibers for local and area distribution.

Barnhardt Manufacturing Co Charlotte High Point T. M. Barnhardt Prospect Street Glenn A. Hinds Ed Saunders Earnhardt Manufacturing Co North Carolina Bondflex

Also Mentioned on This Page

Jen Mey Tary Club Sedgefield Country Club National Guard Leggett & Platt Co Louisville Southland Bedding Co English Rd Henry Lovett Richard D. Hartley Southern Life Insurance Co R. H. Watts Hattie Campbell Charles Addison Atlanta North Carolina Mutual Life Insurance Co Campbell Addison By Joe Brown By Roger Lane AP Business News New York Afl-Cio Executive Council Sen William Proxmire D-Wis House Ways and Means Committee Douglas Dillon Capitol Hill Labor Department Iredell County Lincoln County Cook Road Mecklenburg County Mayhew McHenry Chapel Church Cowans Ford Dam Catawba River Cowans Ford Power East Monico Lake Front Travelers Insurance Travelodge Corp U.S. Leasing U. S. Realty Wachovia B O'S Robert A. McCuiton Spas Ree Janet Smith Knoxville, Penna Professional Life Insurance Service George P. Clark, C.L.A NEW England Life Mutual Life Insurance America Edgar T. Doobrow Bob Parrish Henry L. Groome Jr Wright Lilel Lye Insurance Allied For Investor Service Allied Securities Corporation Ralph E. Deatherage Powell, Kistler & Son THE NEW York Stock Exchange Charlotte Firm Earnhardt Johnson Electronics Wickliff Ave Occidental Appraurance OF M. D. Keith Optometrist Hayden Place College St Joe Honeycutt Charles E. Diffendal, JR Southeastern Securities Corporation Charlotte - Greensboro Philadelphia-Baltimore Stock Exchange Rowe Furn. Co L’il Pepsi Cola United American Furn. Co Universal Pub. & Dist Nail Bank
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