High Point Hosiery Leader Elected Atlantic City NAHM Officer
Willis H. Slane Jr of Slane Hosiery Mills High Point named first vice chairman of the National Association of Hosiery Manufacturers at Atlantic City. Nathan Ayers completes two year chairmanship as rotation system places Slane next year. Beaver retires from American Marietta board after 18 years. Hussey joins Street Paint Co. as color consultant. Bryant Electric wins Fort Bragg lighting bid. National Transportation Week events planned in High Point area. Provident Mutual adds agent in High Point area. Chemical Society talk set in Greensboro. Haviland and Killebrew win Chevrolet truck quiz bonds and cameras in Charlotte.
MENTIONED IN THIS ARTICLE
National Association of Hosiery Manufacturers
Atlantic City
High Point
Willis H. Slane Jr
Slane Hosiery Mills
Nathan Ayers
Triangle Hosiery Co
NAHM
Slane
Ayers
James H. Millis
Adams-Millis Corporation
Charles W. McCrary
McCrary Hosiery Mills
Asheboro
Raymond R. Rice
Pulaski
Beaver
C. S. Beaver
American Marietta Company
Robert E. Pflaumer
American- Marietta
Int Operations
Orth Carolina
Ray W
Red) Hussey
Pitts- Plate Glass Company
Street Paint Co
High Point College
Hussey
Springdale Research Center
Springdale
Pilot View Baptist Church
Edna Carter
Cook St
Street
William F. Kemp
W. College
Provident Mutual Life Insurance Company
Rogers Insurance Agency
N. Main St
Viking Sprinkler Co
F. R. Holliday Company
Greensboro
Kemp
N. C. State College
Navy
Methodist Church
Junior Chamber of Commerce
Paul W. Schenck Jr
Provident Mutual Agency
North Carolina
Chemical Meet
Lyles Chevrolet Co
Chevrolet
Robert S. Haviland
Lyles
George W. Killebrew
Charlotte
Bond Market Faces Sixth Straight Decline Amid Low Yields
US government and corporate bonds slipped again last week marking the sixth consecutive weekly decline for corporates and the fifth for governments. Treasury rates neared peak levels in over 25 years as investor yields hovered near 4.05 percent on new short term issues. Trading on the NYSE rose to 31.88 million dollars, driven by convertible debentures amid a Thursday drop and Friday rally in equities.
MENTIONED IN THIS ARTICLE
New York
Treasury
New York Stock Exchange
Noose Touted as Fly Control Tool in Kentucky
Kentucky Agricultural Experiment Station recommends using cords saturated with insecticide to attract and kill houseflies. Experts warn the method aims to trap the flies with noose-like devices rather than hanging them.
MENTIONED IN THIS ARTICLE
Lexington
Kentucky
Agricultural Experiment Station
Death of Deputy Defense Chief Quarles Ruled Heart Ailment
A medical report states Deputy Secretary of Defense Donald A. Quarles died in his sleep at 64 from an obstructive coronary sclerosis a heart ailment. The post mortem from Walter Reed Army Medical Center confirms the cause as heart blood supply obstruction.
MENTIONED IN THIS ARTICLE
Washington
Defense
Donald A. Quarles
Quarles
Pentagon
Walter Reed
Amy
Economic Outlook Booming With Strong Consumer Demand
The nation shows rising prosperity as Ward's reports April new car sales exceeding 500000 for the first time since 1957 and auto output reaching a 1959 high. Retail chains Sears Ward's and Fed data indicate solid gains while construction and lending firms anticipate more mortgage activity and a projected 1.3 million new homes in 1959. Economic leaders at Hot Springs optimistic about at least 12 more months of growth with GNP near 490 billion dollars in late 1959.
MENTIONED IN THIS ARTICLE
New York
Iu. S
U. S
Ward
Sears, Roebuck & Co
Hot Springs
Commercce Department
Business Advisory Council
Security Quotations and Price Ranges Guidance
The following bid and ask prices, from the National Association of Security Dealers and other sources, are unofficial and intended as a guide to approximate ranges within which securities could have been sold or bought at compilation time May 7, 195. Origin of any quotation will be provided upon request.
MENTIONED IN THIS ARTICLE
National Association of Security
Er, Inc
Perfect scores boost teen to Harvard goal
William C. Waterhouse, 17, East High School senior, achieved perfect 800 scores in English chemistry and mathematics on college entrance exams. He aims to attend Harvard University in the fall to pursue a science career.
MENTIONED IN THIS ARTICLE
Denver
Willliam C. Waiterhouse
East High School
Waterhouse
Harvard University
Stock Mart Rallies After Market Sharp Shakeout
New York reports a stock market pullback with a second straight weekly loss, followed by a partial rally. Volume rose to 18,993,800 shares, the AP 60-stock average fell to 225.50, seen as a technical correction within the bull market. Cotton notes list US India China as top producers.
MENTIONED IN THIS ARTICLE
New York
Associated Press
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Wtaos
By Joe Brown
Mel
Bryant Electric Co
Simmons Air Field
Fort Bragg
Bryant
Corps of Engineers
Traffic and Transportation Club
August Heist
R. J. Reynolds Tobacco Co
George Drake
U.S. Department of Agriculture
Cotton Chemical Laboratory
Central North Carolina
American Chemical Society
Burlington Mills
Drake
Bond Mart
Bay of Mahon
Spain
Rogers
Insurance Agency
Walter Breede Jr
Invnestment Mansgen
Diversified Services, Inc
Lone John W
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High Point, N. C
Ae Ae A
Ems Bne
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Amer Comal
Alhor
Baitg Min
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Tiaey i
Aber
Aelivdet Psleussvanboss
Mer Geari
Eia
Ridlve
Eveae Co
Bali
Am Sank of
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Daviess, A. Ts
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Obeiekipes Aoie Sive Cutler
Sne Sannon Mills
Guatolina Casualty
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Jentury
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Irose
Soase
Yder
Watson — Trans
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Sunset Dr
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Diffendal
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