Long Range Outlook Mixed As Economy Faces Pressure
Ford Motor Co stockholders were told profits in the second and third quarters would be substantially lower than a year ago. Automotive, now at low levels, will remain a factor at least until year end, with passenger service deficits and maintenance costs cited as burdens. The National Association of Purchasing Agents warned of a coming depression, while Standard Oil of New Jersey and Fiat executives predicted another year of earnings growth on stronger US demand and international business.
MENTIONED IN THIS ARTICLE
Ford Motor Co
Fae
Automotive
U.S
Central
National Assn
NAPA
M. J. Rathbone
Standard of Co
New Jersey
United States
Gya
Fiat
Corp
John W
Craig
Bec
Retreading Metal Parts Extends Lifespan With New Welded Layers
Engineers describe hardfacing as adding layer upon layer of fresh metal to worn parts rather than full replacement. The process allows localized reinforcement, such as on gear teeth bearing stress, and originated in wartime practices now influencing modern equipment repair.
Springtime shifts in local business scene unfold
The note highlights Stan's Youth Center planning a move to larger quarters, an unverified downtown store expansion, and Firestone Store rebuilding behind its building. Firestone will gain about 400 square feet of sales space, relocate the warehouse from a basement, and remodel the store with new fixtures and a red and white color scheme.
MENTIONED IN THIS ARTICLE
Stan's
Downstown
Firestone Store Co
Zexe Ellis
Firestone
Big Bear plans new store site and staff changes
A local business announces a new Big Bear store site on S Fayetteville Street above Central Methodist Church with a prior Food purchase of 45250. The firm names Dela ware Valley Hair Corp new Delvaflexs and Delvates products. Welch named manager of a new Jeffer life insurance venture. Nelson Crofts chairs Glens Falls insurer. SRFA offers a graduate sales course in Greensburg for retail home furnishings. Anvil Brand engineering work includes Jerry Paschal and David Moore in training. Jamestown Town Manager Charlies Turner among 21 graduates of municipal administration course at Chapel Hill.
MENTIONED IN THIS ARTICLE
Oeaocom Inc
Central Methodist Church
S. Fayetteville
Asheboro
Sunset Avenue
Jamestown
Charlies Turner
Institute of Government
Pel Hill
Former Ambassador Waynick Heads to San Salvador Arbitration Court
Capus M Waynick former U S ambassador departs for San Salvador El Salvador to sit on an international arbitration panel handling a major suit. Mrs Waynick accompanies him. They plan to attend proceedings amid mounting legal action.
MENTIONED IN THIS ARTICLE
Capus M. Waynick
San Salvador
el Salvador
Effort to Continue forace Sevens to Captions Operations
A labor effort to continue operations at Lucas National Inc furniture plants may take months to settle. A tax claim of 876.7 percent was signed by Judge Johnson J. Hayes. John E. Justice Jr. of North Wilkesboro is named in the Hickory area case goods farm. William Gladstone again became prime minister of Britain at age 83.
MENTIONED IN THIS ARTICLE
Forace
Lucas National, Inc
Ernceme
Johnson J. Hayes
John E. Justice Jr
North Wilkesboro
Huger Honored by New York Exchange Board
Wiliam E. Huger, partner at Courts & Co. of Atlanta, elected to the Board of Governors of The New York Stock Exchange. A Charleston native, he has years of experience in securities, retail brokerage, and commodities, and has helped expand operations from the Southeast to New York City.
MENTIONED IN THIS ARTICLE
Wiliam E. Huger
Courts & Co
Atlanta
New York Np
Charleston
Royal Academy
Massachusetts Institute of Bas Atlee
New York City
Breimpling
Gillespie Named Sunday Editor of The Enterprise
Gillespie 34 year old Gastonia native to become Sunday Editor June 4 replacing Bil Hackney who resigns for private business He has 42 months Army service in WWII European theater with 9th Infantry Division He previously led Gaston Citizen and Gastonia Gazette later served on Gastonia city council and as Mayor Pro Tem He holds 1952 Gastonia Jaycees Distinguished Service Award and is an elder at First Church in Gastonia
MENTIONED IN THIS ARTICLE
Dave Gillespie
Gastonia
The
Enterprise
Bil Hackney
Gillespie
Gastonia Gazette
Gazette
Gaston Citizen
Tomer
More Mart Space To Be Air-Cooled
The Southern Furniture Exposition Building will be at least 75 percent air conditioned for the Summer Market July 9 to 19. The 14 story Market is expanding to house 142 exhibitors with new installations planned including air cooling for the Transportation Office First Aid Room and multiple furniture firms across Bassett Martinsville Statesville Winston-Salem High Point and Lexington.
MENTIONED IN THIS ARTICLE
Cote Sumers
Air Transportation Office
American Furniture Company
North Wilkesboro
Bassett Furniture Company
Bassett
A. A. Oliver & Son
High Point
Southern Retail Furniture Association
Southern Steel & Stove
Adil
Rel Mag
Ami
High Point Market
el Ne
Discovery Finds Roman Remains From Commodian Era
Aince May discovery reveals Roman remains dating to the time of Emperor Commodius, found about a half mile from anentos village. Perinetti's original discovery is noted as from the same era, with remains described as ancient.
MENTIONED IN THIS ARTICLE
Aince
Commodius
Perinetti
Anentos
Irradiated Gem Rules New Diamond Trade Practices
The article notes U.S. Atomic Energy Commission actions affecting gem irradiation for dealers and the FTC's new diamond industry rules. It describes how irradiated stones may gain color changes and the commission’s limits on using AEC facilities to defraud buyers, with the FTC rule labeling certain advertising as unfair.
MENTIONED IN THIS ARTICLE
U. S. Atomic Energy Commission
AEC
Federal Trade Commission
Wade
Marketing Caravan to Visit Southeast Markets June 18 to 22
A six state tour sponsored by Wachovia Bank and Trust Company will run June 18 through 22. North Carolina bankers and farm leaders will study markets and processing plants in eastern North Carolina the Delmarva Peninsula southern New Jersey and parts of Pennsylvania and Virginia. Attendees will observe vegetables dairy meat and other farm products being produced and marketed and will visit markets storage operations and historic sites along the route.
MENTIONED IN THIS ARTICLE
North Carolina
United States
Wachovia Bank and Trust Company
Del-Mar- Va
Atlantic Coast
New Jersey
Pennsylvania
Volar
Wayne Corpening
Wachovia
J. Roscoe
Vicenne
Gregoieh
N. C. State College
N. C
Winston-La
Raleigh
Eliza City
Pasquetank
Tar Heels
Philadelphia
Cincinnati
Philade
Commercia
Burg
Monticello
As Jefferson
Chatloneeville
Meadowbrook National opens temporary bank in trailer at Locust Grove
Locust Grove New York May opening of a temporary Meadowbrook National Bank site inside a trailer. The bank aims to offer services while a permanent building is under construction and business proceeds.
MENTIONED IN THIS ARTICLE
Locust Grove
N.Y
Island
Meadowbrook National
Also Mentioned on This Page
By Joe Brown
Ralston
Nelson Crofts
Glens Falls
N. Y
Southern Retail Furniture Assn
SRFA
James Best
Greens
Anvil Brand
Anvil
Jerry
Paschal
David Moore
Hickory Area
Case Goods Farm
William Gladstone
Great Britain
Huger
N.Y. Exchange
Dave Gillespip
Aseflite
Nesses i
Lees
Amer Trust Co
Amer Marietta
As Light
Mclean Co
Atlantic Steel Centers
Puriit America
Att Fondeeeee
American Wiste Beneficial Corp
Sid Life Eneetee Saeeeere
Lis Is Life
Dree Butler's
Peeeereee Sieig Balle Corp
Wood Press
Nea
Carolina Sales Corp
Galt
Trans Bee
Bery
Houston
Union Nath Bank
B&co
Ins Co
City Transfer and Storage CO
West Broad ST
Esters Jewelers
Washington
Predlude Bove
2Sf Ausociation
Sheraton
Aocmeeny
Bradshaw
Will Brown
Ge Raleigh
Cameron
C. Wright
White
A. Realtors
Eal
M. Rawleigh
Tim St
N.C
Tures
High Point Savings and Trust CO
N. Main
S. Main
Member
Federal Deposit Insurance Corporation
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