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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 03, 1959
Page
5
A 1959 prosperity sense grows as furniture leads and hosiery gains momentum despite price squeeze. Orders rise while some jobs shift to unemployment lists. fall and winter lines advance with all-stretch products peaking and a shift to size specific socks and leotard style tights. Ward Buys Johnston Pie Co strengthens bakery push. Century Brick forms to veneer walls with a fast two day finish.
CHAPEL HILL The UNC School of Dentistry outlines its sixth commencement with nine dental hygienists and 50 doctor of dental surgery degrees to be awarded at Kenan Stadium. Dr. Henry O. Lineberger Jr. will give the convocation address, with Dr. Clifford M. Sturdevant delivering the invocation and Dr. John C. Brauer welcoming guests.
Bronze stood as the sole hard metal for over a millennium shaping tools weapons and everyday objects. This long reign highlights ancient metallurgy and early technological progress across civilizations.
A note records that Boston Common origin was bought for use as a cow pasture. The terse item cites the purchase as the intended new use for the historic site.
Wachovia Bank and Trust Co introduces Ready Money a revolving loan account for High Point and Guilford customers. A line of credit based on repayment ability becomes active when a check is presented with a line available for bills goods or services. Joint accounts and life insurance protection accompany the loan facility set to begin around June 1.
COCOA Florida Howard Medlin a High Point North Carolina native has been named Brevard area supervisor for Pan American Life Insurance Co Medlin has eight months with the company previously served nine years as associate manager and agent and completed two years life underwriter training He is a High Point College graduate in business administration A member of the Coca Toastmasters Club and West Cocoa King Club He four years in the Air Force He and his wife Isabel have three children.
The article explains unofficial security bid and asked prices from NASD and other sources as a guide to approximate ranges as of April 30 1959. It notes that these quotes are not actual transactions and origin can be provided on request. It also mentions wild buffalo extinction status and legal protection in Arkansas.
Furniture plants report solid order backlogs into the second and third quarters after a robust April market. Hickory-Dale Furniture and Lane Furniture Co. opened new outlets while Century and Hy-Lan added showrooms. Prices rose 3 to 5 percent as demand remained steady for Early American and mid priced upholstery lines.
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