Motors Past and Present Drive Retail News
A survey of 1957 car models shows more car for more money with higher power luxury and safety. Prices between small and large four door sedans have leveled since 1929 and demand for more car per car may temper future price gains. Separate notes include Motor Parts Inc opening a wholesale auto supply firm in Asheboro and J P Stevens leasing Cone Mills plant at Randleman with upcoming operations. Juvenile furniture makers push overtime to meet pre Christmas demand as stores stock faster than last year leading to tighter deliveries.
MENTIONED IN THIS ARTICLE
Ford
Cadillac
Fortune Magazine
Assn
Motor Parts, Inc
N. Hamilton St
J. D. Morrison
Asheboro
Auto Supply Co
J. Carl A
Carl W. Connor
Connor
J. P. Stevens
Cone Mills
Randleman
W. J. Carter
Stevens
Cones
Cone Rayon
Flue-Cured Leaf Prices Fall On Weaker Demand
Weak demand hit flue cured tobacco markets in Virginia and North Carolina last week. About 73 percent of grades posted price declines, mainly $1 to $3 per hundred pounds, with some drops to $6.50. Old Belt sales totaled 38,895,509 pounds at $50.37, down $1.36 from the prior week. Eastern and Middle Belts also posted season lows. Declines affected most grade groups, except cutters, as deliveries under price support ran 16 percent Old Belt and about 25 percent Eastern and Middle belts. Final and upcoming closings were announced for multiple Eastern Belt markets in November.
MENTIONED IN THIS ARTICLE
Associated Press
Virginia
North Carolina
Federal State Market News Service
Keegan
Carolina
Middle Belt
Old Belt
Aberdeen
Carthage
Ellerbe
Sanford
Ahoskie
Greenville
Tarboro
Wendell
Farmville
Smithfield
Rocky Mount
Lint Prices Climbing Up With Tension
New York cotton futures rose this week on Middle East tensions. Prices finished with net gains of 10 to 95 cents a bale amid mixed sessions and profit taking, as the Agriculture Department pegged output near trade estimates.
MENTIONED IN THIS ARTICLE
New York
Middle East
New York Cotton Exchange
Egypt
Agriculture Department
Thief Caught After Seventh Burglary of Same Restaurant
Honolulu police report arrest after the suspect completed his seventh burglary of the same restaurant. He used identical entry methods and targeted the site on Thursday nights, marking a consistent pattern across all incidents.
MENTIONED IN THIS ARTICLE
Honolulu
New Chair-Making Firm Locates Here in High Point
G E Manufacturing Co opens in a 10 000 square foot High Point building on Highway 29 70 next to Archdale Machine Shop. The firm plans Nov 20 start with 50 employees and about 200000 annually in payroll, and totals 40000 for building and equipment.
MENTIONED IN THIS ARTICLE
High Point
G. E. Manufacturing Co
C. A. Allred
Chamber of Commerce
Phil Clarke
Chamber Industrial Development Division
Highway 29 70
Archdale
G. E. Brewer
Lee Kay
Ray Davis
Staes
Chamber
Allred
The
News
E. P. Wright Co
Bulding
Stock Market Prices Waver Amid Middle East Tensions
The Associated Press 60-stock average fell to 178.90 as markets stayed wary after Eisenhower’s re election victory. Trading volume surged to 2.29 million shares, with gains in aircraft firms Curtiss Wright Boeing and Lockheed while Gulf Oil slipped due to Middle East concerns. The five most active NYSE issues included U S Steel Royal Dutch Standard Oil New Jersey General Motors and Glenn L Martin with mixed moves.
MENTIONED IN THIS ARTICLE
New York
Eisenhower
Associated Press
Suez Canal
Wall Street
Port Said
Curtiss-Wright
Boeing
Lockheed
Gulf Oil
Middle East
U. S. Steel
Royal Dutch
Standard Oil
New Jersey
General Motors
Glenn L. Martin
Election's Effect On Bonds Practically Iil
New York reports the Eisenhower landslide did not drastically move bond markets. Corporates rose briefly at open then eased. government bonds stayed steady except long ranges. Week showed mixed to firm gains in Treasuries with 2 3/4s of 1963 up 16 32, and 40-year 3s up 10 32. Visible state and municipal supply totals 197.7 million for the next 30 days.
MENTIONED IN THIS ARTICLE
New York
U.S
Associated Press
U. S. Treasury
Los Angeles
Large Seedling Orders May Be Reduced To Meet Demand
State officials warn Guilford County agents that many state nurseries will have to trim seedling orders. Applications accepted until November 15 with proportional cuts for orders above 25 000 seedlings if supply is short. Seedlings priced at four dollars per thousand pine and six dollars per thousand red cedar.
MENTIONED IN THIS ARTICLE
Guilford County
W. H. Kimrey
John Spivey
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Borden Quarter Century Club
South Carolina
Georgia
Mid-East
New York Stock Exchange
United States District Court
Southern Railway
S.E
J. E. Justice, Jr
National Chair CO
N. Cc
Libert Life
Coreny Ins
Fae Aerotron
Ws Life Ins
Lincoln Natl Life
Amer Hos
Lithium Co
Amer
Amer Mar Teta
Lone Star
Amer Mar
Paca Co
Amer Trust Co
Maxson Corp
McLean Industries
Atlantic Steel
Atlanta
Atlas Ping
America
Natl Lites
North Amer
Busch & Loetree
North Car
Ice Corp
Black Panther Co
Cox
Ohio State
Butlers Ne
Peninsular Oswego Falls Corp
Life Oeneee
Penn
Cape Fear Wood
Penn Fruit Co
Penn Fruit
Rolina
Carsales Corp
Piedmont & N
Mont Aviation
J. N. Rawlesh Co
Eeeree St Tig
Col
Pd Sesee
Reeves Souncraft
Natl Bank
Esses
River B. Ricells
Wealth Life
Roses
Southland Life
Preskiin Life Ins
Frigikar Co
State Loan & F
Garfinckel I
Garfinckel
American Oil
OO. A
Sutton
Superior Cable
Griggs Equ Guardian
Tampax Com
Guar
Con
Tecumseh Pro
Guilford Natl Bank
Tenn. Gas Trans
Tex
Sik Textiles, Inc
OS Xarrants
Home Finance Group
Wachovia Bk Ro
Keystone
Western Ewe Kings It Press
Western Ates
West Fig Co
Lenoir Finance
Zonolite
Pell
Paul Owen
C.L.A
N. Main ST
Prudential Insurance Company
American Mutual Lite Insurance Company
Home Office
Newark
Domestic Finance Group
Perates
J. ST
Urgis
Security Bank
Dnds
N. C
N. Main
Hkc
Member
Federal Deposit Insurance Corporation
S. Main