Retail Slump Beats Through High Point as Snow Lingers
The snow disruption hits High Point retail with slow sales across merchants, while Easter optimism suggests a forthcoming upturn. Western Auto moves to a larger Main Street space by April, expanding stock and staff, and Alderman Studios hires Turkish designer A Vural Turker for sales promos. Dayton Rubber Co stockholders rename Dayco Corp and Cosgrove becomes Koolfoam Furniture Foam Dept. manager, with multi-state operations planned.
MENTIONED IN THIS ARTICLE
High Point
Asumer
Western Auto Associates
Main Street
Dowdy
Main and
English
Redwine Hardware
Lawrence W. Newsom
Western Auto
Alderman Studios
Vural Turker
Turkey
Turker
Gazi Lyceum
Ankara
University of Ankara
United States
University of Florida
United States Information Agency
Florida
Gainesville Daily Sun
University of Florida Press
Turkish Information Office
New York
Division of Public Relations
Dayco Corp
Clement B. Cosgrove
Koolfoam
Cosgrove
Asheville
Hickory
Tennessee
Maryland
Illinois
Attendance Limits Placed on Spring Furniture Market
Suppliers to the furniture industry are asked to limit attendance to the final two days of the spring market to ease crowding. The Furniture Factories Marketing Association of the South and the Southern Furniture Exposition Building plan restricted access from April 28 with preferred entry April 29, with courtesy passes for suppliers on those dates.
MENTIONED IN THIS ARTICLE
Furniture Factories Marketing Association of the South
Southern Furniture Exposition
Tom A. Finch
Marketing Association
Leo J. Heer
Fad at Belknap Junior High Emmet Belknap
In Lockport New York students at Emmet Belknap Junior High adopt a new trend of wearing char treuse shoelaces as a latest fashion fad observed by AP reporters.
MENTIONED IN THIS ARTICLE
Lockport
N. Y
Emmet Belknap Junior High
Three High Point TV Technicians Certified as Qualified
Three High Point radio television technicians earned industry wide certification to guard against unskilled service and inflated bills. The new licensees are Wilbur Justice George W. Hornaday and Robert J. Baird. The Ohio Valley Furniture Market in Columbus, Ohio runs four days starting next Sunday with exhibitors including Carolina Upholstery Morlo Furniture Corp and Carsons Inc. Minnesota Mining and Manufacturing Co reports 1959 sales of $500 675 932 and earnings of $63.5 million or $3.74 a share. 3M paid dividends of $1.50 a share in 1959 up from $1.20 in 1958.
MENTIONED IN THIS ARTICLE
High Point Radiotelevision
Wilbur Justice
Justice Radio & TV Service
George W. Hornaday
Quality TV Service
Robert J. Baird
Bob Baird
Ohio Valley
Columbus
Ohio
Carolina
Morlo Furniture Corp
Carsons Inc
High Point
Minnesota Mining & Manufacturing Co
3-M
Stock Market Slump Amid Weather Hit Week
New York reports a steep stock price drop and severe weather hurting finance and business. Trading volumes rose, bond sales increased, and indicators varied on whether the bull market has turned bear. Winter weather slowed retail, factory activity, and consumer credit, with mixed signals for 1960 prospects.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Commerce Department
Dun & Bradstreet
Security Quotations Bid and Asked Prices Notice 1960
The following bid and asked prices are unofficial and intended as a guide to approximate ranges for securities as of March 4 1960. They indicate possible sale or purchase levels and origin of quotations can be provided upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Woman boards empty auto transport in blizzard escape
A winter storm drives a Le Grand motorist to seek weather news at a service station. She retreats to her car, then boards an empty auto transport with the driver, and they depart as heavy snow swirls around.
MENTIONED IN THIS ARTICLE
LE Grand
Iowa
Clothing Prices Expected To Rise Next Fall
Hart, Schaffner and Marx study indicates wage increases in the apparel sector will push clothing costs higher in the upcoming fall. Southern Carpet Mills follow textile peers by boosting wages. Filter cigarette share tops sales in 1959. Western Union Telegraph Co. lands microwave contract Boston to Los Angeles. Home loan board foresees four percent rise in average home prices. Montgomery Ward and Wilson & Co align to mail order frozen meats.
MENTIONED IN THIS ARTICLE
Southern Carpet Mills
Hart, Schaffner and Marx
Western Union Telegraph Co
Boston
Los Angeles
Federal Home Loan Bank Board
Montgomery Ward & Co
Wilson & Co
Also Mentioned on This Page
Newsom
Dayton
Dayton Rubber Co
Joe Brown
Mr. Foreman
Nash
Stock Mart
Investment Services
Charles Diffendal
Diffendal
Carolina Securities Corporation
Midwest Stock Exchange Insurance
Raleigh
Allvac Metals Adams Engineering
American Commercial
Bank of American & Efird
American Fidelity Life
American Heritage
American Hospital Supply
American Marietta
American Marietta Pfc
Arnold Stone Company
Atlanta Gas Light
Atlantic Steel
Qika
Bayless, A.eves
Billups Eastern, Petroleum
Black Panther
Blue Bell, Inc
Bowater Paper
Butler's Shoe
Cannon Mills
Rene Carolina
Jaromna P.&b. Ae
Carolina Te & Tel
Carolina Whiolesale Fist
Asentral Electric & Gag
Central Telephone
Century Food Market
Cerlist Diesel
Colonial
Seebee
Wee Va
Commonwealth Life Oene
Delhia Taylor
Cee
Eee
All’ Donnelly, R.R. & Sons
Dike
First Union National
Pranklin Fe Shee
Prigikar C
Garfincker
Tels
Griggs Equipment Tae
Guaranty Savings Life Ll
Guardian Consmr
Rullford National Bank
Gulf Cities Gas
Gulf Life Insurance
Hamilton Miz
Holiday Inns Home Finance Group
Houston Corp
Houston
Inter Min
Tel
Il Interstate Life & Accident
Irving Trust Company
Ivey, J. B
Jefferson Btd
Life
Kaiser Steel
Ohms
Ketchum & Company
Lau Blower
Levistone Bhipbldg
Seseee
Emualey Sog
Ise Ess Yeles, Inc
E South
Lilly & Co
Lone Star Steel
Illan Co
Ly Bere
Axson, W.L. Corp. Ves
Miles Laboratories
Ane
Miami
Indow Pfd Bis Veay
Moore Handley Hdw
Evened
National Dev. Corp
Whee
Nationwide Corp. Gy
National Life & Accident
New Hampshire
N.C
Penn Fruit Co
Pfaudler-Permutit
Piedmont Aviation
Piedmont Natural Gas
Piedmont & Northern Ray Postal Life
Provident Life & Mean
Public Service of
Pyramid Life
Republic National Life
Rice Mill Rose
Rowe Furniture
Ryder System
Au Ve
Shield Bantam
Texas Eastern Trang
Beott Platieen
Vere
Time, Inc
Tidewater Gas
Ferbeee
Ee Be
Southern Heritage
Ewe Southern Industries
Trans Towmotor Corp
Southern Nitrogen Arene Traveler's Insurance
Southland Life U.S. Chemical
Ee Eens
Life Insurance
State Capital Life Ma
Wachovia Bank Sevee
State Loan & Finance
Walker, B.B. Shoe
Watson Brothers Trans
Stevens
Western Carolina
Weer
Superior
Zonolite
Weele Hi
Griffith Office Equipment CO
N. Main ST
R. Delbert Kirkeman
Ralph C. Davis
George D. Davis
C.L.A. Surveys
Complete Insurance Service
John W. Herndon
Robert MecCuiston
Meinhard & Company, Inc
High Point, N. Cats
E. C. Lane
Jefferson Standard Life Insurance CO
Greensboro, N.C
Billups Eastern Pet
North Carolina Tel
Mac Panel Co
First Southern Co
American Furniture Co
J. B. Ivey & Co
Security National Bank
Kavanaugh-Smith Co
Public Service of North Car
J. Sturgis May & CO
Security Bank
High Point, N. C
North Main
S. Main
Member
Federal Deposit Insurance Corporation
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