Observations on business careers and local market moves
A business observer critiques red tape and narrow visions hindering young executives. The note questions senior company leaders for not cultivating long term leadership. Separately, Edwin Taylor buys Elliott's Flower Shop at 1236 N Main St retaining the name. New Lines Hanes Millis adds Beverly Jane to its sock line. Drexel Furniture hires Jim Peed to design. Wilbur Currie completes a district manager management school at Greensboro.
MENTIONED IN THIS ARTICLE
Sujccl
Edwin Taylor
Elliott
George
Callicott
N. Main St
New Lines
Hanes - Millis Sales Corp
Hanes
Beverly Jane
Millis
P. H. Hanes
Wilbur M. Currie
Jefferson Standard Life
Greensboro
Depreciation basics for small business tax sav ings
A guide explains depreciation as allocating the cost of capital equipment over its useful life. Straight line method assumed for most small businesses with example of a delivery truck. Business use portion limits deduction. IRS Bulletin F guides life estimates and tax timing strategies. Daytona Beach notes summer visitor appeal.
MENTIONED IN THIS ARTICLE
Internal Revenue
Bulletin F
U.S
Washington
D.C
Jobless Numbers Rise Amid Recession Concerns
The government reports February unemployment rose by 320000 to 5705000 with 150 major industrial areas showing substantial joblessness. President Kennedy signs relief to extend benefits up to 13 weeks for up to 3 million workers.
MENTIONED IN THIS ARTICLE
New York
Secretary of Labor
Arthur J Goldberg
Chicago
Cincinnati
Milwaukee
San Francisco
Oakland
Seattle
Syracuse
New Orleans
Miami
Dayton
Labor Department
Kennedy
Congress
House Banking Committee
Chase National Bank of
New York City
Security Quotation Guide From NASD March 24 1961
Bid and asked prices are unofficial guides to approximate ranges where securities could have been sold or bought at compilation time March 24 1961. Origin of any quotation will be furnished upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Woman Seeks GOP Nomination After Husband’s Death
Mrs. B. Carroll Reece announces she will seek the Republican nomination in a special election to fill the congressional seat left vacant by the death of her husband Rep. Reece. The former RNC chairman and 1st District representative served 35 years before dying Sunday of lung cancer in Johnson City Tennessee.
MENTIONED IN THIS ARTICLE
Johnson City
Tenn
B. Carroll Reece
Rep
Reece
Republican National Committee
Congress
Allvac Metals Reports Record Sales At Meeting
At the March 10 1961 stockholders meeting James D Nisbet president of Allvac Metals announced sales and earnings were at an all time high.
MENTIONED IN THIS ARTICLE
James D. Nisbet
Allvac Metals
Allvac
Kennedy pushes farm hero image in public relations push
President Kennedy and Secretary of Agriculture Orville Freeman lead a major public relations drive to cast farmers as the nation’s unheralded economic heroes. Mimeo presses and government aides spread the message while Freeman calls farming the No 1 success story and the president notes agriculture’s efficiency and food role.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Orville L. Freeman
Freeman
Congress
Also Mentioned on This Page
Florist
Drexel
Jim Peed
Hickory Manufacturing Co
Drexel Furniture Co
Hickory
Joe Brown
Security Small Business Association
Internal Revenue Service
Daytona Beach
Fla
High Point
Lane $ii
Sam
Jefferson Graniar
Right Man
Oper
Insta Matic Products Corp
Public Service
Asheville, N. C
Meinhard & Company, Inc
Fourth Ave
Adams Engineering Aerotrones
Or American & Efird
American Fidelity Life
American Marietta
Arnold Stone Co
Cas Light Kaeke Ewe
Saas Purniture Sete
Central
Eyeeye
Chatham Mfg
Colonial Stores
Sss
Commonwealth Tite Cone Mills
Consolidated Credit
Coral Ridge
Crown Alum
Ind
Eas
Seecer
General Shale
Griggs Equipment Oaee
Guaranty Savings ‘Life Oaee
Gulf Cities Gas Crere
Gulf Life Insurance
Hamilton
Hanes P. H
Knite SL
Harris-Teeter
Home Pinance Group A
Inter Mtn
Interstate Life A Ac
Fring Ivey, J, B & Co
Jackson
Delierson Lake Petro
Jefferson Standard
Kavanagh-Smith
Kentucky Central
Ketchum & Company
Lou Blowerstone
Liberty Loan Pict
Life & Casualty Ins
Litho-Willy & Orn
Lucky
Southeastern Factors A
Maxson, W. L. Corp
Sou
Frontier Finance
McLean Industries
State Capital Life
Miles Laboratories
State Loan & Fin
Moore Handley Hdw
Coors
National Dev. Corp
Stevens Markets
Eee
Stevens
National Life & Act
Stillman Mie
National Old Line Life
Superior Cable
North American Life
NC National Bank
Texize Chemical
N.C
Textiles, Inc
Occidenta Life
Ohio State
Time, Inc
Piedmont Aviation
Towmotor Corp
Piedmont Natural Gas
Trans. Gas Pipeline
P & N. Railway
Travelers
Scott Mattson Farms
Walter. Sims
Western Carolina Tel
Security Life & Trust
Security
Wise Homes
Sf Wright Homes
Soroban Engineering and Zonolite Co
Oren
GOP
Wachovia Bank
Arnold Stone
B.B.S
Crompton
Pearce Vible
J. N. Rawleigh
J. Sturgis May & Co
N. C. Nat'l. Bank
N. Car
Allvac Metals Company
Misco
Howe Sound Company
Pratt & Whitney
General Electric
Allison
General Motors
Boeing
North Carolina National Bank
George P. Clark
NEW England Life
Mutual Life Insurance
America
Walter M. Bullock
Robert A. McCuiston
Edgar T. Docbrow
Dennis Welborn, Jr
Accident & Health
Pension
First Mortgage
N. Main
College
Federal Deposit Insurance Corp