Real Estate Market Shifts Face High Listings and Mortgage Changes
Real estate veteran Alton Stanford describes a transitional market where for sale signs expand and buyers seek favorable terms. He notes rising listings due to new home plans, a temporary drop in mortgage rates to 5 percent, and tentative future tightening. Utility extensions spur development, while rental shortages persist for quality units. Quarterly reports show mixed earnings across Duke Power Minnesota Mining Adams-Millis.
MENTIONED IN THIS ARTICLE
Stanford
East Side
Duke Power
W. B. McGuire
Minnesota Mining and Manufacturing
Fair Lanes Inc
Realtors Attend Real Estate Management Clinic in Miami
Gene Marsh partner of Mendenhall Moore will attend a real estate management clinic in Miami Florida next week. The advanced course by the Institute of Real Estate Management affiliate of the National Association of Real Estate Boards draws realtors from 14 states Canada and Puerto Rico. Completion makes Marsh eligible for the Certified Property Manager designation, a credential held by only 14 North Carolina realtors.
MENTIONED IN THIS ARTICLE
Gene Marsh
Mendenhall-Moore
Miami
Fila
Institute of Real Estate Management
National Association of Real Estate Boards
Canada
Puerto Rico
St. Marsh
North Carolina
One picture boosts small business with 60 second cameras
Small firms use quick cameras to showcase products and services. Omaha beauty salons offer before and after hair photos, a Michigan toy shop prints pictures for customers, a Lawrence jeweler records stones on site, Florida caterers display buffet setups, real estate firms photograph homes, and a Connecticut landscaper retouches images to win clients. The Buffalo port note adds regional shipping context.
MENTIONED IN THIS ARTICLE
Omaha
Beauticians
Michigan
Florida
Connecticut
Unofficial May 12 1961 securities bid and asked prices
The following bid and asked prices are obtained from the National Association of Securities Dealers and other sources but are unofficial. They do not represent actual transactions and serve as a guide to the range within which these securities could have been sold or bought at the time of compilation. Origin of any quotation will be furnished upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Fuller promoted to Morpul vice president quality control
W R Fuller of Durham 41 promoted by Morpul Inc president A B Crew to vice president in charge of quality control. A former salesman and broker, Fuller served in World War II and now leads Morpul’s Durham operations while active in Carr Methodist Church and Masonic groups.
MENTIONED IN THIS ARTICLE
Greensboro
W. R
Bob) Fuller
Durham
A. B. Crew
Morpul Inc
Fuller
Southern Parts and Electric Co
Virginia Yates
W. R. Fuller Jr
Carr Methodist Church
Stewards
Hatteras-34 Yacht Launched At Morehead City
The first production 34 foot fiberglass yacht, the Hatteras-34, debuted at Morehead City. Built by Hatteras Yacht Co of High Point, it comes in sport fisherman sedan and sports cruiser models and was designed by J B Hargrave.
MENTIONED IN THIS ARTICLE
Morehead City
The
Hatteras Yacht Co
High Point
J. B. Hargrave
Palm Beach
Florida
N. C
Hatteras Yacht Company
New York
Gibbs & Cox
Don Mucklow
Business In Uphill Climb
New York reports indicate a vigorous recovery with April data showing gains sustained. Leaders like T F Patton of Republic Steel and officials from the New York Federal Reserve note rising demand, higher output, and limited inventory buildup across industries. Major mills including U S Steel Republic Steel Youngstown Sheet Tube and Kaiser Steel push operations upward as housing and construction spend rise.
MENTIONED IN THIS ARTICLE
NEW York
T. F. Patton
Republic Steel Corp
New York Federal Reserve Bank
Northern Trust Co
Chicago
Steel Mills
Iron Age
U.S. Steel
Republic Steel
Youngstown Sheet & Tube
Kaiser Steel
Also Mentioned on This Page
By Joe Brown
Alton Stanford
State Realtors
Annual Report
Charles W. Hartsee
Adams- Millis Corp
Hartsee
Ernst & Ernst
Firestone Stores
Winston - Salem
Adams-Millis
H. C. Williams
MAC Panel Co
Mac-Netic. Tape Co
Colleen Ivey
Corpus Christi
Texas
Episcopal Church
CPA
E. Alden Brown
Security Small Business Association
Lawrence
Mass
Buffalo
Philadelphia
Baltimore
Ereeene Ma ‘Adams Engineering
Aerotron
Allvac Metals
American Commercial ‘Agency
Ear
American Cics
American & Tird Veewaverne
American Fidelity
Aeenee
American Land
American Marietta Co
American Marietta
Arnold Stone Co
Atlanta Gas Light
Whee
BBS Studios
Cree
Bassett Furniture
Bevis Shell Homes
Western Petro
Blue Bell, Inc
Boston Capital
Bowater Paper
Brush
C.M.C. Finance
Cannon Mills
Carolina Casualty
Carolina Natural A
Carolina P&l
Pia
Evenes Vod
Carolina Tel
Wereeene
Central
Vivooes of & Casualty
Colonial
Life Companies
Cone Milly
Lilly & One
Sicsias
Iy Consolidated Credit Erreee
Steel
Coral Ridge
Eee Nnrneennee
Craig Lyst Denk Irasseseve
Erveseesyese
OM Crown Alum. Ind. Wa
Wennenees “A Crumpton Builders
Viva Ieare Hamay Ows
Sineveesse
Crumpton Wis
Seetenee Sone
Vyea Dev. Prevsseesers
Culligan Inc
Donnelly, &. R. & Sons
National Lite & Accident Vast
Drexel Enterprises
National Old Line Life Reese
Duffy Mott
American Life Ow
Dynatronics
N.C. National Bank
Eastern Util Asseade N.C. Natural Gaseeeneee Economic Lab
Ala N.C. Te
Electronic Acctg
Erwin
Piedmont & Northern Rwy
Public Soc. of
N.C
WM Gen. Tels
A. P. Green Fire Brick Ua
Ose’s
Griggs Equipment Oe
Rowe Furn Bevnsee Ory Vee
Gronite
Shield Santen Weer
Guaranty Savings Life
Harris Teeter Supermarket
Soroban Engineering Ieeearen
Holiday Inns Sia
Southeastern Factors Ener Home Finance Group
Southern Nitrogen Es VA Veebees Wis Huyck Corp
Inter Mtn. Tel
Interstate Sife & Accident
Stevens Mkts
Stevens Snare
Eherbestee
Syn. of Canada
Stillman
Irving Trust Co + Cable
Ivey, J. B. & Company
Telechrome Mfg
Jackson Minit
Texize Chemical
Jeferson Lake Petroteeeeee
Textiles, Inc
A! Jefferson Ltd
Kavanagh-Smith
Tidewater Natural Gas Envarees
Kentucky Central
Ahi
Ketchum & Company
Law Biowc A
Towmotor Corp
Liberty Loan
Trans Gas Pipeline
Travelers Insurance
Twin Coach
Chemical Milling
Wachovia Bank
Walker, B. B. Shoeweer Sa
Waller
Jim
Watson Bros. Trans
Western Carolina
Western Power & Gas
Wise Homes Aetee i
Wright Homes
Rha Zonolite Co
W. R. Fuller
Morpul
Meinhard & Company Inc
Park Ave. S
Southern Rep
Otis L. Holland
Professional Life Insurance Service
New England
N. Main St
E. O. Lane
Jefferson Sanda
Johnson’s Electronics
Public Service of N. Car
L Kavanagh Smith Co
Wachovia Bank & Trust
Citizens & Southern Capital
B.B.S
Cerlist
Pyramid Life Ins
Piedmont Aviation American Furniture Co
J. Sturgis May & CO
High Point, N. C
HPT
N. Car
Bank Bidg
Census Bureau
Labor Department
Seymour Wolfbein
Robert A. McCuiston
Edgar T. Docbrow
Accident & Health
Pension
First Mortgage
N. Main
Nash
Cash
Hps&t
High Point Savings & Trust
College
AWAIN
Federal Deposit Insurance Corp