Mergers and promotions reshape New York financial firms
Two major NYSE members announce a Jan 1 merger forming a 69 general partner and 23 limited partner firm with Hornblower & Weeks and Hemphill Noyes assets exceeding 120 million dollars. Howard E. Buhse chairs the executive committee as Charles Diffendal represents Hornblower in High Point.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Hornblower & Weeks
Hemphill, Noyes & Co
Hemphill- Noyes
Hornblower
Howard E. Buhse
High Point
Charles Diffendal
Stock indexes near all time high amid broad gains
The North Carolina National Bank Stock Index neared 331.9 with a 330.1 close as major averages gained. The Associated Press 60-stock index rose to 331.2, up 2.8 from last week, with leaders including American Enka Celanese Cone Mills Hanes and Kayser Roth posting modest gains.
MENTIONED IN THIS ARTICLE
North Carolina National Bank
Carolinas
P. Stevens
American Enka
Celanese
Cone Mills
Hanes Knitting
Ams Millis
Bureee Soe Oene Cannon Mills
Kayser Roth
C&s National Bank of South Carolina
First Na
Bank of S. C
Consolidated Credit SS
Associated Press
Northarolina
Nation- Life Ins
Association of Securities Raiser
Ind Life
Lilly O Co
Efi
Luck’s, Inc
Efird
Dev. Corp
National Food
National Life & Accid
Old Line Life American Mortgage Ins
Atlanta Gas Light Pi
North American Lifeational Bank
Bassett
Bi Western Petro
N. C
Ye Bive Belt, Inc
Bowater Paper
State Life
Textile Corp
Cannon Mills
P & WN
Carolina Casualty
Carolina Freight Carriers
Carolina Mills
Piedmont Nature Gas
Piedmont Nature Gas WM
Public Service of N.C
Carolina P & L
Carolinas Capital Corp
Rowe F
Republic Neat
Life Is Wo
Savannah
Elec
Cable Dairy
Security Life & Trust Colonial Stores
Frontier Finance
Southland Life
State Capital Life
Craig System
Eastern Utilities
Electronic Bankers Life
Texize Chemicals
Fieldcrest Mills, Inc
Nunne
First Southern Co
Thermo Plastics
Tidewater Natural Gas
First Union Nat’! Bank
Trans Bus
Fox Trans Gas
Franklin US Travelers Insurance
Abe Garfincke
United Family Life AM P
Gulf Life Insurance
U.S. Realty
Hanes
Hardees
Western Power & Gas
Harris-Teeter
Ite & Accid
Kavanagh-Smith Citation Won in FHA Residential Program
Greensboro report notes Kavanagh-Smith & Co honored as a Special Citations residential program winner. The firm praised for subtile design in single family homes. Active across Winston-Salem Raleigh Fayetteville Burlington and Columbia markets with public and private housing projects.
MENTIONED IN THIS ARTICLE
Kavanagh-Smith
Greensboro
Kavanagh - Smith & Co
Parkwood
Curne A
Winston
Raleigh
Fayetteville
Burlington
Golumbie
Bard Rejoins Seng Co in Chicago as EVP
Robert E. Bard returns to Seng Co as executive vice president. Francis A. Seng announces Bard will base at Chicago general offices. Bard previously served as Seng executive assistant to the president after two years as VP and prior legal practice in China and as solicitor general.
MENTIONED IN THIS ARTICLE
Bryant Electric Co
Howard R
High Point
Main St
Weathers
Im Management
Presient Company
High Point Life Underwriters
High Point Junior Chamber of Commerce
High Point Exchange Club
W.O. White
Bard
Seng Co
Chicago
Robert E. Bard
Francis A. Seng
Seng
Los
Ce Ees
China
Seng Ce
Hopes Rise as GM Walkout Ends Near
In New York AP reports labor aims to end the month old General Motors strike with a weekend vote on new contracts. Most locals were expected to vote to return to work, risking a restart of limited production. President Johnson warned the strike threatens economic momentum as auto output across the industry shows mixed gains and remains below year-ago levels.
MENTIONED IN THIS ARTICLE
New York
General Motors
United Autoworkers Union
American Motors
Also Mentioned on This Page
By Joe Brown
Snelling & Snelling
M. O
Ike) Carr
Armour
Southeastern United States
Carr
M. K. Shetler
West Virginia
Mobile
Socony Mobil Oil Co., Inc
James A. T
Cameron- Brown Co
Abbott
University of North Carolina
Northwestern University
Junior Chamber of Commerce
Raleigh Bachelor Club
Piedmont of Society of Real Estate Assets
Piedmont Natural Gas Co
Duncan
Ray Hamlet Co., Inc
Hickory
Union Carbide
Hamlet
Ray Hamlet Co
Arthur A. Oliver & Son, Inc
Newton
Cead Ie
Capital Insurance Co
Walker
Point
Prudential
High
Betty Jo Wagner
Joe Honeycutt
Occidental
Royal Protector
Stock Index
Security Life and Trust
South Carolina Electric and Gas
Carolina Telephone
Overnite Transportation
Drexel Enterprises
Lithium Corp
Lance, Inc
Winn-Dixie
Liggett and Myers
American Tobacco
Ncne ‘Stock’ Index
North Carolina
South Carolina
Ncnb Stock Index
Nash Jewelry
N. Main
J. P
Pete” Boyles
Boyles
Insurance Agency
W. Green
Bank Bldg
Edgar T
Docbrow
Life Insurance
Bob L. Parrish
Cl.a
First Union Nat'l, Bank Bldg
John Diffendal
Hartford, Conn
U Piedmont Insurance
Jefferson
Tel
Smithdeal
E. C. Lane
N. Main St
Ford
Falcon
Fairlane
Thunderbird
Mustang
Mercury
Holiday Motors
Lincoln
Continental
Comet
Austin-Healey
John W. Herndon Agency
General Insurance
North Main Street
High Point, N. C
Brenan Ata Uate Oa
John C. Hawkins
Johnson
J. Sturgis May & CO
N. Car. Nat'l, Bank Bldg
Professional Life Insurance Service
Geo. P. Clark
New England Life
Mutual Life Insurance
America
Sherard Tatum
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