Stock Market Climbs To New 25 Year High
The week sees a broad business upturn with durable goods output rising and auto and appliance production expanding. The stock market climbs to year highs despite some selling. retail trade softens while construction and exports edge higher. Federal Reserve notes unemployment easing and continued gains in dividends, but machine tool output declines and mail order chains consolidate.
MENTIONED IN THIS ARTICLE
New York
U.S
Montgomery Ward & Co
Big Mail
Garstry
Detroit
Mig Te Viler
Federal Reserve Board
National Paint, Varnish & Lacquer Assn
Eact
Mirror Prices Jump 10 Percent In State
A survey of local furniture and mirror producers shows a 10 percent price rise for mirrors since Oct 25, added to a prior 5 percent boost last summer. The shortage stems from Hurricane Hazel damage, repair demand for plate glass, and automaker needs, creating the sharpest temporary supply squeeze since World War II.
MENTIONED IN THIS ARTICLE
Deany
Hm Furniture
Jet
No Boosts Seen In Upholstered Furniture Price
Furniture makers in the High Point area report little immediate effect from foam latex price hikes. A Hewitt Robins spokesman announced a 5 to 10 percent rise citing higher raw latex costs and a union wage increase.
MENTIONED IN THIS ARTICLE
Hich Point
National Association of
Chicago
Aeber
Hewitt Robin, Inc
Buffalo
N.Y
Security Quotations in Dialect Note
A fragmented security themed brief presents quotations and shorthand lines reflecting a dialect style. The readable bits hint at commentary on finance and protection matters without clear attribution or full context.
Plans Readied For Opening Of Market Addition
Officials say work on the Southern Furniture Exposition Building addition is on schedule with completion by December 1. The interior remains to be finished including lighting and partitions. the space may open to exhibitors soon and the winter market starts January 17. Committee members include Arthur Kirkman Henry Foscue James T. Ryan Leo Heer and Steve Millender. Doak Finch serves as ex officio president of the exposition board.
MENTIONED IN THIS ARTICLE
Arthur Kirkman
Henry Foscue
James T. Ryan
Leo Heer
Hich Point
Steve Millender
Mebane
Doak Finch
Exposition Board
Ite
North Carolina Leads Nation in Furniture Production
North Carolina topped national furniture and bedding output in 1953, totaling about 314 million dollars and accounting for 11 percent of U S production. The state led in wood bedroom and dining room furniture while High Point emerged as a center for the nation’s furniture industry growth.
MENTIONED IN THIS ARTICLE
Napa Oor Gane Orovement
General Tire Distributors
North Carolina
Camry
Igstew
High Point
South
Angen Hot Ngith
Ne Aon
New York
Ey Place
Empire St
Indiana
California
Northad
Virginia
Ward
Ion
Itn
Southern Furniture Manuufacturers’ Association
Michigan
North
Also Mentioned on This Page
Walter Breede JR
Commerce Department
Eisenhower
New England Council
Economists
Chalmers Mfg. Co
New River Rouge
Mich
National Industrial Conerence Board
Ae Fan
Aset
Asef
Allan
Ale Lipse
S Inc Com
Carolin Carolina
Uo Pid Packing Co
Natt Bank
Jeffereon Sid Inc
Eevege
Handley
Furn Co Nee
Nat Eise
Merfica
Rhinelander Panat
Rowe
Fenn
Alo Ga' Rwy
Wanovia Bk & Tr Ce
Ell Tvey
Froven
Courr
General Tire
H. A. Bellows
V. P
THE
General Tire & Rubber CO
Akron
Ohio
Robert Marks
Enterprise
Edad Ak Sad
Snow Studio
Art Chair Co
High Point, N. C
Powers Wire Products CO
West Green
Jamestown
W. Y. Jones
Gifford Sts
Randolph, WN. Y
Miles
Randolph Furniture Works, Inc
Matchintry
Steek
Diehi
Mattinon
Hell
Oliver
Porter
Reuters
Smith
Yates
American
Pram Sanders
Deketrom Itarieen
Oakley
Mattoon
Dodds
Dpovetatiors
van Attia
Sheridan TY
Randolph
Hick Pony Savings and Trustom
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