Hosiery Industry Faces Offseason Shakeout and Surges in Transport
Industry observers note a tougher off season with many mills facing closures and reduced demand while a few remain strong. High Point Thomasville and Hickory report rumors of shuttered plants as margins tighten and overproduction persists. Meanwhile a broader transport sector shows revenue gains led by mergers and rising passenger, freight and mail figures.
MENTIONED IN THIS ARTICLE
High Point
Thomasville
Hickory
Savings and Loan League names 1963 committees
E. C. Cridlebaugh of Atlantic Savings and Loan A. Scott Parker Jr. of Perpetual Savings and Loan and W. D. Lee Jr. of Piedmont Savings and Loan were named to 1963 committees of the United States Savings and Loan League. Cridlebaugh to Investments and Mortgage Lending, Parker to Civic Development, Lee to FSLIC Law and Regulations committee.
MENTIONED IN THIS ARTICLE
E. C. Cridlebaugh
Atlantic Savings and Loan
A. Scott Parker Jr
Perpetual Savings and Loan
W. D. Lee Jr
Piedmont Savings and Loan
United States Savings and Loan League
Cridlebaugh
Parker
Lee
Carolinas Virginia Association Purchasing Agents Meeting
South Carolina Attorney General Daniel R. McLeod and AMA official Tom J. Cogan will speak at the two day event in Columbia. About 200 purchasing professionals from three states are expected to attend with regional officials and local industry representatives listed among participants.
MENTIONED IN THIS ARTICLE
South Carolina
American Management Assn
Carolinas - Virginia Assn
Columbia
S. C
Daniel R. McLeod
Tom J. Cogan
New York
AMA
Cogan
Assn
Simon Hodgin
Oakdale Cotton Mills
George Ingold
Orren Mason
Henley Paper
P. J. Neal
Everett Wall
Tomlinson
E. H. McCall
Anvil Brand
Charles H. Risch
Marsh Furniture
A. R. McMullan
City
Gilbert V. Snyder
Thomasville Furniture Industries
C. J. Morris
the Baptist Children’s Home
Li'l General Stores Reports First Quarter Sales Growth
Li'l General Stores Inc. reports first quarter sales up 50 percent and net profit up 70 percent versus last year. For the three months ended January 31, sales totaled 3,654,330, up 1,198,424 from 2,456,? last year. Net profit rose to 56,800 from 33,280.
MENTIONED IN THIS ARTICLE
Li'l General Stores Inc
United Air Lines earnings rise in 1962 report
United Air Lines reports substantial earnings growth for 1962 versus 1961, signaling a strong year for the carrier. The airline cites higher passenger volume and improved operating efficiency as key factors behind the profit surge.
MENTIONED IN THIS ARTICLE
United Air Lines
Indus
Motel Firm Executive Joins Holiday Motels as PR Director
Walter W. McCullock Jr. of Burlington will join the John R. Taylor Co. in Greensboro on March 10 as public relations director and director of promotion and advertising for Holiday Motels and Restaurants here and in Greensboro. His duties include newspaper magazine television and radio promotion and advertising and road sign ads. He formerly did radio work in Burlington and led a bowling center as president and manager for four years.
MENTIONED IN THIS ARTICLE
Walter W. McCullock Jr
Burlington
John R. Taylor Co
Greensboro
Paxton C Judge Elected President of Southeast Retail Council
Heads Council Paxton C. Judge vice president of the Roanoke Division of The Kroger Co has been elected president of the board of directors of the Southeastern Retail Council The Council consists of the Virginia Retail Council Inc the North Carolina Chain Store Council Inc the South Carolina Retail Council Inc and the Georgia Retail Council Inc This organization meets periodically for the exchange of ideas between retail companies in the southeast United States.
MENTIONED IN THIS ARTICLE
Paxton C. Judge
Roanoke
Kroger Co
Southeastern Retail Council
Virginia Retail Council, Inc
North Carolina Chain Store Council, Inc
South Carolina Retail Council, Inc
Georgia Retail Council, Inc
United States
Public Sale Of Stock Denied By Hatteras Yacht Co
President Willis Slone stated that no new offering of common stock is occurring. Powell Kistler Co. is selling stock without Hatteras officers approval, and any shares on the market are existing shareholder holdings, not company issued stock.
MENTIONED IN THIS ARTICLE
Hatteras Yacht Co
Willis Sloane
Slane
Hatteras Yacht
Powell- Kistler Co
Fayetteville
Hatteras
Supreme Court clears rail peace plan amid looming labor rift
The court’s ruling lets railroads pursue work rule changes that could cut about 65 000 jobs costing 600 million dollars annually. Rail stocks rose while unions threaten a strike. negotiations surface March 13 with possible emergency board action to delay any walkout. Kennedy presses tax reform alongside a proposed reduction. Car and steel output rose. February unemployment ticked up to 6.1 percent with 4.918 million idle workers.
MENTIONED IN THIS ARTICLE
New York
US Supreme Court
Kennedy
Supreme Court
New York Stock Exchange
Labor Department
Firestone Tire & Rubber Co
Burton Names Crotts Sales Manager
C. H. Burton president of Burton Upholstery Co. Inc. High Point announces Charles W. Crotts as general sales manager. Crotts has ten years with the firm and will also continue as North Carolina sales representative. He resides at 122 Penny Rd.
MENTIONED IN THIS ARTICLE
C. H. Burton
Burton Upholstery Co. Inc
High Point
Charles W. Crotts
Crotts
Burton Upholstery
North Carolina
South Carolina
Washington-Baltimore
Burton
University of Georgia
Long Island University
Penny Rd
Aro Corp Plans New Center In Bryan Ohio
Aro Corp announces a new fluid dynamics products center at 1404 English Rd Bryan Ohio opening April 1. The 3 800 square foot facility will employ about 15 people and serve as local inventory and headquarters for the region. Aro distributes across the U S and abroad with offices in High Point New York Los Angeles Detroit Dallas and Chicago.
MENTIONED IN THIS ARTICLE
Aro Corp
Bryan
Ohio
Fluid Dynamics Products
English Rd
E. L. Jackson
Aro
United States
High Point
New York
Los Angeles
Detroit
Dallas
Chicago
Phil Clarke
High Point Chamber of Commerce
Also Mentioned on This Page
By Joe Brown
Express
Mail
Capital Airlines System
Equitable Life Assurance Society
U. S
James F. Oates Jr
United Steelworkers of America
W. Henderson Rogers
West End
Wachovia Bank and Trust Co
J. Roscoe Adams
Wachovia
Axton
Rogers
Wesley Memorial Methodist Church
United Appeal
Martha Singletary
Winston- Salem
Dick Swalim
George P. Clark, C.L.A
NEW England Life
Mutual Life Insurance
America
N. Main St
Jackson Minit
Frontier Finance
Southern Nitrogen
National Association of Jefferson Ltd
Southland Lite
Securities Dealers, Inc
Kaiser Steel
Kavanaugh Smith
Sterling Inc. Fund
Ketchum & Company Inc
Origin of
Life & Casualty
Lil General Stores
Oiequest, Lilly & Co
Eli
Fois Textie Chemicals Inc
Lowe's Companies
W Textiles
Lucky Stores
Thermo Plastics
Aerotron “ Ashes Luck’s
Thomasville Inds
Alice Land Dev
Seote Maxson
W. L. Corp
Tidewater Natural Gas
Allied Security
McLean Industries
Time, Inc. Ma
Allvac Metals
Moore Handiey
Hdna
Towmoter Corp
American & Efird
National Dev
American
We National Food
Yeu Travelers Insurance
American Cryogenics Wa
National Old Line Life
American Discount
Phegia Y
Sea Care
Amer
Fidelity Life
National Life & Accid
U. S. Realtoe
American Land l
Nationwide
Walker, B. B. Shoe
New Britain Machine Lea
Atlanta Gas Light Bbs
North American Life
Walter
Jim Watson Bros. Trans
Bassett Furniture N. C. National Bank Asia Western Carolina Tel Iaco N.C
Western Pwr. & Gas N Bis Billups
Western Petro N. C. Telephone
Blue Bell, Inc
Occidental Life
Wright Homes
Boston Capital, Inc
Ohio State
Zonolite Co
Bpwater Paper
Piedmont Aviation
Carolina Natural Gase
Piedmont Natural Gas
Carolina P&l
Pierce & Stevens Chem. Corp. Ie
Carolina Tel & Tel
Popel
Public Service of N.C
Central Vermont Central Telephone
Pyramid Life
N'Av Republic Nat Life
Coastal Plain Life Vis. A
Rowe Furniture
la Cable Dairy
Savannah Elect & Pwr
Colonial
Savannah Sugar & Rerg
Ma Colonial
Shield Bantami
Colonial Stores
Foresman Ie Colorcraft Corp
Seat
Mattson Farms
Columbus Plastic
Scottish Bank
Cone Mills
Consolidated Credit
Craig System
Security Life Trust
Josh Culligan, Inc
Sonoco Products
Crackett Co
En Sorg
Drexel Enterprises
Dusty Mott
Durham Hosiery Mills
Die Dynatronics, Inc
Eastern Util
Eckerd Drugs
Economic Laboratories
Electronic Acc’ . Cardee Ma
Fidelity Bankers Lite Laa
Union Nat! Bank
Fox Stanley Photo
Franklin Life
Futterman Corp
Sec
Garfinckel J. Com
General Shale
Gen. Teis
S. E . Pid
Iwey
Professional Life Insuranceervice
Edgar T. Doobrow
Bob Parrish
C.L.A
Henry L. Groome Jr
Security Life and Trust Company
Robert A. McCliston
Accident & Health
Wright
Buchanan
N. Hamilton St
M. D. Keith
Hayden Place
College St
S. Main St
The
Aro Corporation
J. C. Markey
M. J. Anderson
L. L. Hawk
J. Ed Heath
Canada
England
Switzerland
Charles E. Diffendal, JR
Southeastern Securities Corporation
Winston-Salem
Charlotte - Greensboro
Philadelphia-Baltimore Stock Exchange
Joe Honeycutt Manager
Wickliff Ave
Sturgis
MAY & CO
Percc Met
Main Street
J. Sturgis May
Nat's Bank
Dick Owens
Teamplan
Joe Wood
W. Russell St
Town House Motel
Social Security Office
5. Main
Bamplan Incorporated
Russell Street
American Industrial Bankers Association
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