Record High Shopping Season Predicted By Retailers
The best shopping season in a decade is forecast as a wave of competition and plentiful money circulate. A new College Village Shopping Center in High Point boosts shopper activity and prompts merchants to sharpen customer relations. Freeman Harold L. Martin joins Freeman Inc. as engineering designer after Army service and NC State civil engineering degree. J C Penney announces a pre Christmas bonus for long service. William Edgar Turner joins Provident Mutual Life Insurance as sales rep. Beckman Instruments notes high point firm fourth in national percentage sales. New graduates include Donald R Lowe of DeVry Chicago. Investors Syndicate doubles the rate of additional credits for certificate holders for the coming year.
MENTIONED IN THIS ARTICLE
College Village
Chamber of Commerce
High Point
Harold L. Martin
High Pointer
Wm. F. Freeman, Inc
Martin
W. Clyde Martin
Army
Texas
N. C. State College
Freeman In
William Edgar Turner
Provident Mutual Life Insurance Co
Philadelphia
J. Wilson Rogers
N. Main St
Turner
High Point College
Air Force
U. S. Plywood Corp
Field St
Beckman Instruments, Inc
Bivins & Caldwell Inc
Investors Syndicate of America, Inc
Investors Diversified Services, Inc
Competition Spurs Hikes In Interest
New York thrift institutions push higher dividend rates to attract deposits. Several New York City savings and loan associations offer 3 percent with others nearby posting 4 percent. Higher returns aim to lure savers from Treasury notes and support faster mortgage loan demand as rate levels fluctuate.
MENTIONED IN THIS ARTICLE
New York
Savings and Loan
New York City
Lake City
Philadelphia
Chicago
Savings and Loan Associations
Treasury Department
Indians Attach Significance to Wampum Colors
Indians attached importance to bead colors with white wampum symbols. They believed white represented something more valuable than plain white, giving color meaning in trade and ceremonial use.
Economic Wane New York Business Activity Report
The Herald Tribune News Service notes the general business index rose for a third straight week to 154.8 on Nov 14 from 148.6 on Nov 7, with a 1958 baseline of 179.0 on Nov 15. Steel operations ran at 78 percent capacity, about 2,233,000 tons, up from 45.6 percent or 1,291,000 tons a week earlier. Wholesale food prices held at 5.91, down 7.4 percent from 6.38 a year earlier, as measured by Dun and Bradstreet. Higher prices were for hams and coffee, lower for beef and sugar.
MENTIONED IN THIS ARTICLE
New York
Herald Tribune News Service
Dun & Bradstreet
Steel output rebounds near 80 percent capacity nation wide
Steel production quickly rose to about 2.2 million tons after a record shutdown. Lukens Steel ran at 90 percent capacity and found no furnace damage from the strike. General Motors recalled workers in four divisions as industrial output dipped only slightly in October. If steel workers strike after Taft-Hartley expires January 26, supply could tighten again.
MENTIONED IN THIS ARTICLE
Raymond Hoadley
Herald Tribune
New York
Lukens Steel
Lukens
General Motors
Securities Bid and Asked Prices Guide 1959
Unofficial market guide compiled November 20 1959 from NASD and other sources. Quoted bid and asked ranges indicate approximate prices at which securities could have been sold or bought at the time. Origin of quotations available upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Domestic flue-cured tobacco usage and farm accident stats
Domestic use of flue-cured tobacco from July 1958 to June 1969 totaled 736 million pounds. Machinery accounts for 34 percent of fatal farm accidents.
Also Mentioned on This Page
Joe B
Record Re
With Freeman
The
American Society of Civil Engineers
Eaton Place
Donald R. Lowe
Garrison Ave
Devry Technical Institute of Chicago
Donald I. Rogers
Rogers
N. Main
Rel
Meinhard & Company, Inc
Fourth Ave
Adams Eng
Amer
Fidelity Life
Hospital
Marietta
PFD
Arden Farms
Arnold Stone
Atlanta Gas
Auto Pin. Com
Ais! T Furniture
Commonwealth Life
Unite
Eters Ee
Drexel Furniture Eee
Duffy Mott Coeevee
Eastern Util. Asse
Erwin Mills
Pepeseevenes F.&p. Finance
Eee
Seeee
Nat'l Life of
Phoenix
Eae
First
Sou
Co. Pfd
Union Nat'l
Pranttin Life
Garfincke
J. Com
Sevee
Portland Cement
Guardian
Oaerd Nat'l Bank
Guilt Pee Eeneeee Eee I
Gulf Life Insurance
Hanes, PH
Holiday Inns
Home Finance Group
Home Insurance Co Cosas Si
Houston C
Penn Fruit Co. Com
Eeewee
Penn Fruit Co
Pflaudler-Permutit
Piedmont Aviation
Tate Ins. Co
Provident L.&a. Sneer Neee Public Soc
Lenoir Finance
Security
Stevens
Superior
Nat'l Life & Accideens
Tampax
Nat'l Old Line Life Ins
Texas Eastern Textiles, Inc
New Hampshire
North Amer. Life
N.C. Nat'l Gas
NC. Seteeeeewes
Tidewater Gas
Occidental Life
Ohio State Life
George P. Clark
New England
Mia Lifes
Professional Life Insurance Service
Complete Insurance Service
W. Et Telephone
Robert Merupton
National Air Taxi Conference
Federal Aviation Agency
Greensboro
Greensboro, N. C
Cypress
Paul W. Schenck Agency
Life Insurance Company of
North Main Street
High Point, North Carolina
N. C
E. C. Lane
Jefferson Standard Life Insurance CO
Greensboro, N.C
North State Tel
Piedmont Aviation Electronic Acetg. Cds
Textile Ins. Co
Wachovia Bank & Trust
Piedmont Natural Gas Mae Panel Co
Thermo Plastics Roberts Co
Carolina Casualty
J. Sturgis May & CO
North Carolina
Safe Deposit Boxes Trust Service
High Point Savings, and Trust
North Main
S. Main
Member
Federal Deposit Insurance Corporation
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