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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 31, 1959
Page
5
Industry sees retail gains as employment data and spring weather lift demand. Local merchants note a delayed readjustment after the 1958 dip, with stronger sales and rising material costs hinting at higher prices.
Anthony & Garrett of High Point merge with William T. Cheatham & Company of Burlington to form Anthony Cheatham & James Yarns Inc. This agents firm will operate from Security Bank Building Burlington and 1720 King St High Point serving elastic hosiery yarns and rubber threads from B F Goodrich and others. Savidge & Davis earns Putman Award first Southern ad firm for Dempster Brothers program. North State Telephone reports 1958 revenues 2.39 million with 264k net income and dividends. Nationwide Toll Dialing conversion planned with plant additions and direct time service linking Winston Salem Los Angeles.
The Century plant, kin to the desert yucca, spends 25 to 100 years maturing before flowering. Once blossoms emerge the plant dies, marking a brief final act for a long living perennial.
Unofficial bid and asked price ranges from the National Association of Securities Dealers and other sources. Quotes indicate approximate sale or purchase ranges at compilation time May 28 1959. Origin of quotations available upon request.
Readable notice shows location at 1234 North Main Street offering free parking in the rear of the building. Contact details include a telephone number and postal code 28105.
Enfield police officer Hiram F. Kerr used a Raleigh News and Observer story to identify a suspect in a civil fraud case. Odell Haskell Lloyd alias Ira Davis alias R. J. Dailey, 51, of Waycross Georgia, faced a false pretense hearing and was bound over for Wake Superior Court with a $1000 bond after allegedly taking 45 dollars from Henry Croom of Knightdale posing as an insurance company representative.
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