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