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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Nov 24, 1957

Page

5

Staunton Plant Expansion Aims for Next May Completion

Business Notes firm is building an addition to its Staunton plant to be finished by next May. The project will streamline operations by consolidating activities at a single site to improve operating efficiency.

Staunton

Christmas shopping buoyed by high Point sales and hours

Merchants report strong holiday demand with toy shops busy and layaway nearly full. Major appliance promos planned for next week while downtown displays boost seasonal mood. Weekly Friday hours extend to Dec 6 through Dec 23 plus Christmas Eve closing at 6 PM. A Census study notes 52 percent growth in office furniture from 1954 to 1956, aiding wood and metal producers as office staff expansion outpaced industry growth.

Bureau of Census

Carson's growth drives regional furniture expansions

Carson's Inc as a local upholstered furniture maker reports growth with three operating plants under its name and Crestwood Furniture Co led by J D Potts. The company targets five million dollars in production this year rising to seven million in two years. About 675 chairs and sofas are produced daily.

Carson's, Inc Furniture South Carson C. Stout C. C. Stout Fred Cody Piedmont Furniture Co Carson's Carson J. N Rawleigh Company

Bonds Push Upward on Fed Easing and Market Optimism

US government bonds rallied up to two points this week after the Federal Reserve eased monetary policy. Treasuries gained as Alfred Hayes signaled potential further moves, with new 17 year 3s and 5 year 3s surging on weak issue prices and strong demand from savings type investors. Utilities and high grade credits led gains while rails and foreign dollar liens slipped.

New York Federal Reserve System Alfred Hayes Federal Reserve Bank of New York House Small Business Committee Washington Treasury Wall Street

Boyles and Mitchell Open New Insurance Office

J C Boyles and L T Mitchell announce a new Nationwide Insurance agency in High Point. Boyles, a five year insurance veteran and former Imperial Life staff manager, lives with his wife and daughter at 1317 Wright St. Mitchell, Imperial Life alumnus and Yadkinville High School graduate, moved to High Point in 1946 and is tied to Horne Wholesale at 2206 Francis St. Their office is in the Wright Building.

Imperial Life Insurance Col Boyles Imperial Church Wright St Imperial Life Mitchell Yadkinville High School High Point Horne Wholesale Francis St Wright Building

Weather Dominates Grain Market As Harvest Delays Grow

In Chicago on November 23 weather drove grain futures with wheat, corn and soybeans showing volatile moves. Southwest conditions favored winter wheat while wet Midwest fields hindered corn harvest and soybean areas suffered similar delays across the country, amid Washington uncertainties.

Chicago Southwest Midwest Washington

Trenton Firm To Show In High Point Market

Trenton firm Diamond Brothers furniture makers plan to show at the January High Point market in the Merchandise Mart occupying spaces 308 and 209 Frederic Sherman vice president in charge of sales and marketing announced the move

Trenton N. J Diamond Brothers High Point Frederic Sherman

Bullish Again as Credit Eases Lifts Stock Market

The stock market rose for the second straight week, aided by the Federal Reserve Board easing credit. The Associated Press average gained 1.10 to 156.30 amid mixed news on business. Traders cited mild easing and expectations of looser reserve requirements. Strong buying surged in American Telephone, General Electric, Standard Oil New Jersey, and other blue chips.

New York Federal Reserve Board Associated Press At Ay Mare Eos Federal Reserve Fed Wall Street American Telephone General Electric Standard Oil New Jersey

Pork Prices Rise Amid Week of High Hog Trade

Chicago reports hog prices advance this week with butchers up about 25 to 35 cents in spots. Sows stay near steady as receipts reach 50,000 head with 20,000 shipped, the year’s largest weekly volume. Top butcher price hits 18.20, while wholesale pork loins drop up to two dollars. Cattle steady to down, cows steady to higher, dressed beef easing as markets shift.

Chicago

Also Mentioned on This Page

By Joe Brown Mba Televo Basic-Witz Furniture Industries Waynesboro Alliance For Sligh-Lowry Vereture Co Holland, Mich Armstrong Furniture Co Martinsburg W. Va Sligh-Lowry West Michigan Armstrong Sligh - Lowry Main Street Efird’s Coe G. Neely Neely Poe The Fine Hardwoods Assn Peece Acclaim Acclaim Hosiery A. M. Rankin III W. Aap W. D. Bilanton J. Harriss Covington J. Roscoe Adams Jack H. Brown W. H. Holderness Robert Edmunds Greensboro Kivett Drive Billy L. Cheves North Carolina Smith Alexander, Inc Thomas E. Dickerson Co Cheves Smith Alexander Furniture Exposition Sheweneee Allvac Metals Amer & Efird Mills Amer Heritage Aeaee Aweree Eeeenene Amer Mer Amer Trust Amer Marietta Eeeeeeenne Anvil Orreee Blue Ridge Ins Co Butler's Inc Cannon Mills Cape Fear Wood Press Caroling Casualty Ins Carolina P&l Carolina Tel & Tel A Wholesale Florist Central Tel Peer Chatham Colonial Stores Mu Collyer Wiseeeremeeeee Commercial National Bank Commonwealth Life Land Donnelley R.R Gons Frwin National Life & Accide Ins Tal Life Ohio State Life Peninsular Life ad + vere Penn Fruit Co Penn Fruit Co Pid Ee Piedmont Natural Gee Piedmont Northern RR Postal Life Ins Potesh Co Amer See Co Pyramid Life Insurance Awleigh Bonoco Southern Plastics Pratt & & BS Taylor Dein Oil Tecumseh Tennessee Cas Transsessses Texas Ae Trans Oseseser Oeewaewee Towmotor Corp Trans Gas Pipeline Travelers Ins Co Fee Twin Coach J. C. Boyles L. T. Mitchell Piedmont Natural Gas Carolinas J, Sturgis May & CO TEL Spivey Hardware Mutual P. O. Box George D. Davis N. Main ST Cecil Office Equipment CO S. Main ST. Phon Professional Life Insurance Service George P. Clark New England Mtiol Lifes Aed Rog Realy Main Member Federal Deposit Insurance Corporation
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