Furniture firms push expansion as industry optimism grows
Schoonbeck announces a 45,000 square foot addition to its Ward Street plant with a 250-car parking area and projected staff gains above 25 percent. Drexel Furniture plans an 80,000 square foot three story building for warehouse showroom and offices costing about three quarters of a million dollars. A Wacho via magazine survey cites record High Point industrial growth, 27 new industries, near capacity operations, and strong retail sales into 1960 while Christmas promo catalogs and toy departments capitalize on the season.
MENTIONED IN THIS ARTICLE
Schoonbeck
Henredon
Morganton
Grand Rapids
Mich
Ward Street
Jack Campbell
Drexel Furniture Co
Drexel
Federal Reserve
Wachovia
J. Roscoe Adams
High Point
Market News and Industry Prices Amid Seasonal Trends
Unofficial bid and ask ranges guide securities and retail prices. Duke Power hosts a five week electric heating design school led by Ed Whisenant and Carl Short. Foam rubber and Goodyear prices rise while discounts end on carload shipments. rubber stock lines follow suit. Local forecasts expect no major furniture price shifts.
MENTIONED IN THIS ARTICLE
Duke Power Co
Ed Whisenant
Spartanburg
Carl Short
Goodyear Tire
U. S
High Point
Unclear Visit Ties Mentioned by Two Women
In a fragmentary passage the two women fail to recall conversations about knowing anyone in San Diego or plans to visit Mrs. Palmer with Cmdr and Mrs. Albert Fern, plus a Wisconsin neighbor and Mr. and Mrs. Ralph Cook.
MENTIONED IN THIS ARTICLE
San Diego
Palmer
Navy
Albert Fern
Wisconsin
iMr
Ralph Cook
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By Joe Brown
Furnitureland
USA
Hid
Mnet
Annae
Troy R. Short
Perpetual Savings & Loan Assn
Short
Perpetual
Sumner Township
Greensboro
Se & Ge Oe Page Ae
Investment Services
Charles Diffendal
Diffendal
Carolina Securities Corporation
Midwest Stock Exchange Insurance
Raleigh
National Association of Securities Dealers, Inc
Duke School
Bank
Amer Life
Neemer
Atlanta Light
Liue Bell, Inc
Butler's Inc
Comeevee Stoby
Cape Fear Wood
Carolina Casualty Ee
Carolina P. & L
Carolina Tel. & We
Cone Mills
Copeland
Coral Ridge
Debhia Taylor
Donnelly
R.R. & Gees
Assoc
Pirat Charter
Pirat Sou, Co. Com
Prigikeeeuee Us
Carfinck
Portland Coment
Griggs Equip
Sommes
Finth Os
Guiltera
Nat'l Bank
Gulf Cities
Gulf Life Insurance
Manes Pmt Kinng
Wolthey Inns Ms
Home Finance Group
Eeneee
Provident L. & Aesbeutenes O Home Insurance Co
N.C. Sesseee
Pyramid Life Ins
Houston
Rowe Furniture
Interstate Life
Eereeee
Soanee Coestess
Eeteeer Shield Bantam Eneeenevees
Ie. Securi Cseeveseees
Security
Nat'l . Ee Eeeneene Petro
Oreveeseee
Sesiene
Kaiser Stee
Sasneenseeseny
Ketchum & Co
Southern Heritage
Lau Blower
Southern Plastics
Steene
Tern
Wteeee Levin Tone
Southland Peeeeeoane Tife Casualty
Spur Oli Co
A Life Oo, Inc
Life Ins
Lite Standard Fruit
Lilly
Lone Star Steel Ethene Nent
Ate
Lucky Stores
Stevens Sterling
Fund T
MacMillan Co. Saeener
Stevens Mkts
Maryland Casualty
Axson, Orp
McLean Industries
Semeea Coin
Miami Window Pfd
Texas Eastern Trans
Aso Oe
Miles Labs Inc Textiles, Inc
Eveetes Bb
Tidewater Com
Tidewater Gas
Nationwide Corp. Oe
Time, Inc
Nat'l Life & Accid
Nat's Old Line Life Ins
North Amer
N.C
Walker BB
Walter
Trans
Western Carolina
Tel M Peninsular
Weert Point Mie
Penn Fruit Co
S Een Fruit Co
Pfaudier-Permutit
Piedmont
Nat'l Gassont Aviation
Postal Life Ins. Co
S. Main St
Baker
Sheraton Men's Shop
Sheraton
Reinhard & CompAny, Inc
Fourth Ave
New York
George P. Clark
New England
Mada Lare
Wreterenel Tips Insurance
N. Main St
N. C
E. C. Lane
Jefferson Standard Life Insurance CO
Greensboro, M.C
San Diego, Calif
Carlos Palmer
Nell Frances
Janesville
Wis
Wise Homes Zonolite Co
Rogers
Insurance Agency
Tyt
Piedmont Natural Gas CO
Ee Entra Seve
Piedmont Natural Gas
South Carolina
Greenville
Anderson
North Carolina
Charlotte
Point
Burlington
Winston-Salem
Salisbury
Thomasville
J. Sturgis May & CO
Ith Floor — Security Bank Bldg
High Point, North Carolina
U.S. Government Securities
State OF North Carolina Bonds
Member
Federal Deposit Insurance Corporation