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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Oct 31, 1965

Page

4

Local business notes and leadership changes

A Camiel Pawn Shop Inc will open at 211 N Main St Camiel Pawn Shop led by A B Clein Jr of Atlanta will begin operations tomorrow with a formal opening in about two weeks The Camel firm has run a Winston Salem store for 34 years The building was formerly Alexander's department store Webb resigns from HFIC post to join Ben Jones Inc in Jacksonville Fla as public relations director and interior design consultant beginning December 1 Piedmont Aviation declares 40 cent quarterly dividend and reports nine month 1965 earnings up 33 percent to 1 156 830 with 66 cents per share The airline division shows a 19 percent rise in passengers and 20 percent rise in cargo revenue Hamburgers chain McDonalds reports nine month 1965 earnings per share 1 62 up 56 percent and nine month net earnings of 2 429 104 Sales reach 325 868 612 A Liberty Loan Corps nine month 1965 earnings total 4 948 495 equal to 1 53 per common share with 2 423 477 common shares outstanding The department notes an export workshop at Wake Forest College Winston Salem December 2 3 sponsored by local commerce and Wake Forest Management Institute New appointments include B Eugene Gillespie and Floyd R Hines at Diamond Mills division Indian Head Mills to assist administration and manufacturing Also noted are honors for North Carolina distributors and new agency management appointments at State Farm and WGHP-TV personnel moves.

Pew N. Main St Camiel Pawn Shop Inc High Point A. B. Clein Jr Webb James Webb Jr Southern Furniture Ben Jones Inc Jacksonville Fla Gec. 1 HFIC Piedmont Aviation Piedmont Aviation Inc General Aviation Central Piedmont Aero Division Hamburgers McDonald's Corp Wake Forest College Winston-Salem North Carolina U. S. Department of Commerce Wake Forest Management Institute Joel B. New Greensboro Diamond Mills Indian Head Mills, Inc B. Eugene, Gilles, Pie Floyd R. Hines Fred Wiley Gillespie Indian Head Mills Capes Hines Wilmington State Farm Mutual Automobile Insurance Co Hart Haseen Stately Farm Rocky Mount Dick Sargent Bet Northl!dling Automio-li ‘Ile Dealers Assn

Record Sales and Profits Signal Strong Auto Year

The auto industry reports record sales earnings and production for 1965, with General Motors nine month profit at 1.539 billion and Ford nine month earnings at 946.2 million. Chrysler doubles dividends on 36.5 million in earnings, while Deslers show rising sales and production. Industry observers note consumer buying power and confidence, with 302,926 cars sold in ten days and the nine millionth vehicle built, aiming for 11 million by year end. Steelmakers anticipate record steel consumption as car demand remains brisk, though steel production lags due to labor agreements and a broad backlog easing over the next quarters.

New York General Motors Corp Lion Ford Motor Co Chrysler Corp Deslers Frederic G. Donner General Motors James M. Roche

Security Quotations and Market Outlook From Thursday Close

Quotations compiled by the National Association of Security Dealers show inter dealer prices at close of business on Thursday. The list mixes many firms from American Fidelity to Northwestern East People and Carolina Freight Carriers with bids and asks reflecting representative interdealer prices, not retail markdowns. Experts note earnings swings among steel producers and a broad economic picture with rising living costs and discussions of monetary policy.

National Association of Security Dealers Intersiealar

Also Mentioned on This Page

Ray Hubbard Liberty Loan Liberty Loan Corp S Company Roger Blough United States Steel Corp Ion United States Blough Steel THE Associated Press National Acore Handley, Hdw National Food National Life & Accid Britain Machine North American N.C National Bank N.C Life Ohio Star Piedmont Natural Gas Pierce & Stevens Chem Futile Service of N.C. R Rockwall Aig Rowe Furniture Security Site & Trust Sonoco Products Sorg Papar Co Bouthland Life Beawa Uy A Cas Cerolina Capital Coastal Plain Life Ceble Dairy & Pet Pra Kavanagh-Smith Liberty Loan Jack’s Inc Nat'l Dev. Corp New Jersey Alum Felaphere Nat Gas Ipahip Foscug PH Railway Roberts Cs, i Security Diy Son Frontier Fine Sata Capital Life State Loan & Fin Stenderson 'Finans jStoneceller Adlils i Synehior Cable Textiles, Inc Texier Chemicals Thermo Plastes Trans, Bus. Sys Trans Gas Pinelle Travelers Insurant Travelodge Corp Triangle Brick Wachovia Bank x Walker, B. A. Shoe Western Carolina Tel Colonial Sicras Set 7 Colorcraft Corp Caloterar Cone Allis Dougg-Norton Curnam American Efird American Camm American Land Sineras Automatic Merch Carolina Automstic Service Garfinckel J. Com Sas Iya Hanes Com Basan Furniture Wardees Hardees Grady Heerls-Teeler Carolina Casualry Ins Hatteras Yacht Carolina Mallis, Inc Hendrekien Carolina Halurat Ge Telivey, Alb E. QO. Lane Jefferson Néandard Ies Bis Bethleham Steel Inland Steel Co Youngs,town Sheet & Tube Co Armed Steel Corp U.S. Steel Howner Labor Department Federal Communications Commission American Telephone and Telegraph Co Frederick BR Kappel At&t Board Inves- Henin John T. Connor Arthur F. Burns Burns D. Eisenhower National Bureau of Economic Research Walter W. Heller Council c John F. Kennedy Jonson NEW High Forps Corporations FORD English Motor CO. Bldg O. E Washington St Robert A. McCliston Life * Accident & Health Laane High Point Bank Life Ohsurance Company OF Carolina Wige Port Nort Travelers Hartford Conn John Diffendal Piedmont Insurance Phone & Realty Company North Wrenn St al Ayn Holgard Seinentenes Boh Parrish CL Bled Liz Insurance CO First Union Nati Bank C. Joe Honeycutt and Associetas Occidental the Royal Protector HENE Raleigh High Point Denk and Trust Co Dil Hornblower & Weeks Hemphill, Noyes New York Stock Exchange JIL Charles E. Diffendai Phonn Yngh OTC Olan Insurance Rae Tts Pears ST Mel GamCv High Point, N.C Hatteras Yacht CO Main Lyon Ges. P. Clark C.L.A New England Life Mutual Life Insurance America Hendredon Furniture Eckerd Drugs, Inc Grossett & Dunlap Texize Chemical 100 Founders Life of Carolina Sturgis May & CO Gick North Carolina Bank Sfgcks Q.failune
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