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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Nov 17, 1957

Page

5

New Diamond Hosiery Chief Plans $150000 Modernization

The new owner of Diamond Hosiery Mills Corp Mr Samuel Rosenblum outlined a two year plan to invest about 150000 to recondition plant equipment and expand sales staff with greater national advertising He also noted adding the unbranded seamless line from Danita Hosiery Corp to the Fruit of the Loom range boosting output by about 10000 dozen pairs weekly.

Diamond Hosiery Mills Corp New York Samuel Rosenblum Julius Kayser & Co Rosenblum Diamond Ee Seer Harry Geller Joseph Polger al Lowit Rita Smith Danita Hosiery Corp Philadelphia

North Carolina attracts industry with special New York Times section

A 20 page New York Times tabloid highlights North Carolina as a business lure. It features a governor portrait and covers research triangle, tax cuts, transportation, labor, power, minerals, and education. Financed by major NC companies and city ads. prepared by the State Department of Conservation and Development.

North Carolina New York Times Toto State Department of Conservation and Development

Market Rises With Credit Easement

The Federal Reserve Board cut the discount rate to 3 percent in four districts, boosting optimism in the New York market after a week of declines. Shares, led by aircraft and defense-related issues, rose briefly but could not sustain gains as rail carloadings slumped, dragging rail stocks to yearly lows other than the Pacific Coast exchange.

New York Federal Reserve Board Wall Street Eisenhower Associated Press Reserve Board Pacific Coast Exchange

Fountain Joins Insurance Staff at High Point Bank

Stuart B. Fountain has joined the Insurance Department staff at High Point Savings and Trust Co. He is a High Point High School and Davidson College graduate who earned his degree last June. He is the son of Mr. and Mrs. Robert R. Fountain of 1105 Westwood and now resides with them. He sang with the Davidson Male Chorus and belonged to Sigma Chi at college.

Stuart B. Fountain High Point Savings and Trust Co Robert R. Fountain Westwood Fountain High Point High School Davidson College Davidson Sigma Chi Fraternity High Point

Elm Street Property Purchased by Mendenhall Moore Firm

Mendenhall Moore Realtors bought the southwest corner of Elm and Church from Dr. and Mrs. George T. Wood Jr. for future development. Ed Mendenhall said the plan includes part use for their office with remaining space possibly developed later, property leased to J. N. Rawleigh and Company for some time. No price disclosed.

Mendenhall - Moore Elm and Church Streets George T. Wood Jr Ed Mendenhall Mendenhall-Moore J. N. Rawleigh and Company Mendenhall

Real estate transfers across Thomasville Township and nearby areas

Davidson Realty transfers list multiple property moves including 4.93 acres to Homer Glascoe. 2 lots in Kendall Courts to R P Smith. 1 lot to Edward Jones. 1 lot to Dewey Steed Jr.. 1 lot in Forest Hills to S M Newsome. 3 acres in Jordan's division to Willard Everhart and Lloyd St. Jones. multiple 1 to 6 tract transfers among Emerywood Estates Rich Fork Hills Center Acres Conrad Hill Township and other subdivisions. includes names A L Gordon Fred N Kennedy Joe P Temple and others.

Thomasville Township Woodrow A. Kennedy Robert L. Kennedy E. Palmer Murphy Donald E. Payne Leland A. Sink Harrell C. Collett Homer C. Glascoe A. L. Gordon R. P. Smith Kendall James W. Billings Edward L. Jones Murphy Kearns Dewey Steed Jr Lambeth and Gilbert Fred N. Kennedy S. M. Newsome Forest Hills Grover H. Griffie Williard W. Everhart Lloyd St Jones Jordan's Divideed Construction Co. Inc F. N. Kennedy B. T. Ragan George F. Ragan Abbott’s Creek Township Joe P. Temple Donald W. Conrad Emerywood Estates Tobias Embler Donald Odell Embler Rich Fork Hills Jesse W. Dowell Jr Joseph O. Prevette

Bond Market Rallies After Fed Rate Cut Across Districts

The bond market surged this week following the Federal Reserve Board easing its tight money policy with a discount rate cut from 3 percent to 3 percent in four districts New York Atlanta St Louis and Richmond. A 250 million dollar AT T debentures issue sold out within hours and municipal bond sales neared 150 million dollars in a record daily total.

New York Federal Reserve Board Fed Atlanta St. Louis Richmond Federal Reserve American Telephone Telegraph Co

Man Fined For Pink Car Tag In Arkansas

North Little Rock resident George Pfifer was fined 13.25 dollars for defacing a state license tag by painting it pink in Arkansas. He claimed it was to beautify his car.

North Little Rock Ark George Pfifer

Jewelry bag mixup at station nets bank chief’s find

Mrs. Martin Fleischman discovers her $50,000 jewelry bag swapped at a Sarasota station. She rushes home, then learns Hulbert Bisselle, president of Riggs National Bank of Washington, has her bag but complains he is without his pajamas.

Sarasota, Fla Martin Fleischman Hulbert Bisselle Riggs National Bank of Washington

Also Mentioned on This Page

By Joe Brown Borden Syracuse N. Y Borden Company Syracuse Industrial Park Marshall Sittig Central North Carolina American Chemical Society Greensboro College Sittig American Lithium Institute Lexington Wholesale Grocery Co Lexington Thomas & Howard Co Greensboro Piedmont Holiday Inn Hotel Bank Coscee Skyland Lifeseeee Aerotron Atenee Sonoco Eeeawwee Southern Plastics Allvac Southeastern Amer & Efird Amer Southland Life Amer Hospital Supply Standard Fruit & Ee Amer Marietta Marietta Taylor Delhi Evenee Bi Atlantic Stee Tennessee Gas Atlas Sewing Centers Texas Eastern Tidewater Gas Bank of Amer Casweetesees Time Bassett Bayless Bausch & Lomb Travelers Ins Co Ghdccose TS Beneficial Corposnvee Pia Black Panther Company Union Natoo Blue Bell Cee Iam Blue Ridge Ing Co Csecuesee United Ins Co U.S. Life Ins Co Brush Renee Warhovia Bank & “Trust Butler's Eens Watson Bros Trans Eeee Cannon M Cape Fear and Press West Point Carolina Casualty Ins Zonolite Company Eee Aeeneee Carolina P&l Carolina Tel & Tel Carolina Wholesale Fist “A Central Tel Co Chatham Mfg Co Colonial Steerer Griggs Equipment Eone Guardian Consumers Fin Guardian Guilford Nati Bank Free Gulf Cities Gas Guilt Life Ins Rernet Hanes, PH. Knite Cnvene Holiday Inns of Inter Mt. Teleeneeeene A. Oeses Irving Trust Co Ivey, J.B. & Co Jefferson Oe Life Kaiser Steel Kelloggs A Kingsport Cscserrererers MacMillan Co Ween Ween Maryland Casualty Wet Maxson W.L. Dweheeeee McLean Industries Sceeeeres McLean Trucking Eeeeweenee Weeee Seveseees Som Miles Lab Inc Shipping Woverses Moore Handley Hdw Nat Life & Accid Ins North Amer Life Se Life Controls Aeeaee TN Caull T Aviation Natl Gas Grey's My Mut & & No Postal Fe CO Visesveres Otash Co Stuart Fountain Elm Street Property Conrad Hill Township R. J. Berrier Manly H. Byerly James P. Kyles E. H Yousts P. F. McCullch P. F. McCullock High Point Enterprise Pat Brown Lumber Co N. Main Street the Lumber Company Janet Teacue Bond Market Up P. Clare Professional Life Insurance Service Lucky Stores Colonial Stores Piedmont Natural Gas Wachovia Bank & Trust Co J, Sturgis May Security Bank Bldg High Point, N, C Spivey Hardware Mutual Saurance Compu P. O. Box Atomic Development Mutual Fund, Inc J. Sturgis May & Co N. C Wilbur M. Currie Dist Leslie Andrews C.L.U. c. C. Hooks P. Lee Smith Security Bank Andard Life Insurance Company N.C George D. Tel Xal Davis ORGE D. Davis C.L.U Main Member Federal Deposit Insurance Corporation
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