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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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