Furniture and OTC Stocks Highlight Broad Business Notes
A glowing forecast from the Southern Furniture Manufacturers Assn echoed by the national association says July data point to a record year for the furniture industry with higher shipments and rising unfilled orders. OTC stock performance is defended against critics while Simpson Freeman joins Taylor M. Simpson Co. Real tor as sales chief. Pilot Life expands with a new fire and casualty subsidiary and new management at Pilot Life offices. Kester Machine adds DeWalt tool franchise. Li'l General Stores reports strong quarterly gains and SBA expands its facilities inventory to aid small firms in contracting.
MENTIONED IN THIS ARTICLE
Southern Furniture Manufacturers Agssn
National Association
NAFM
Chicago Based Association
Dow-Jones
OTC
Dow - Jones
Freeman
Salisbury
Wallace Realty Co
Board of Realtors
Civitan, Elks and Music Clubs
M. C. Realtors Institute
State Association of Realtors
Winston-Salem Operetta Assn
Forsyth Singers
Eleanor Richardson
Lexington Ave
Simpson
English Rd
High Point
Everitt
Pilot Life Sales Organization
Winston-Salem
Asheville
Greensboro
Pilot Life
Fire and Casualty Company
Pilot Fire and Casualty Co
Richard E. Farrer
C. F. Stafford
Stafford
Pilot
Li'l General Stores Inc
Tampa
Li'l General
SBA Registry
Small Business Administration
Robert B. Horning
Charlotte
SBA
Independence Building
W. Trade St
Rogers
Bishop
Forrest Ave
Ulysses M. Rogers Jr
Anderson Pl
Mutual of Omaha
United of Omaha
Shield Bantam
S. E. Piddat
Oresman Vow Georgia International
Scott Mattison Farms
Soereepece
Ocottisa Bank
Oes E
Grou
Cities Gas Ba Security Life
Atlanta Gas Light
Sirving Trust Co
Superior Cable
Aia Bbs Studios
Jackson
Bassett Furniture
Jefferson Ltd Life
Texize Chemicals
Billups Western Petro
Kaiser Steel
Thermo Plastics Blue Bell, Inc
Thomasville Industries
Boston Capital, Inc
Ase
Kavanaugh Smith Ereves
Tidewater
Bowater Paper
Ketchum & Company Inc
Time, Inc
Towmotor Corp
C.M.C. Finance
CFM Corporation
Liberty Loan
Travelers Insurance
Cannon Mills
Life & Casualty Ins
Tarvelodge Corp
Carolinas Capital
Lil General Stores
Chem Milling
Carolina Casualty
Lilly & Company
Elino U. S. Leasing Sia
Carolina Natural aGs
Lowe’s Companies
U. S. Really
Carolina P&l
Lucky Stores
Wachovie Bank
Carolina Tel & Tel
Maxson
W. L. Carp
Walker
Shee
Central Telephone
McLean Industries Walter
Dim Uw
Central Vermont
Metrotek Electronics
Colonial Stores
Moore Handley
Watson Bros. Trans
Colonial
Natl. Dev. Corp. Y
Western Carolina
National Food
Western Power & Gas
Colorcraft Corp
Nationwide Homes Com
Wright Homes
Cone Mills
Nationwide Homes
Zonolite Co
Consolidated Credit
Nati Life & Accident
Sva Uy Craig System
Nati Old Line Life
A Textile, Inc. Culligan, Inc
New Britain Machine
Donnelly RR & Sons
North
Peninsular Life
Textile Corp
Fidelity Bankers Life
Vandeehiss Shaves Vy Ae
Sou. Co. Com
P&n Rwy
Southern Die President Attends International Foundry Fair
Earle W. Rearwin, president of Southern Die Casting & Engineering, a division of Adams-Millis, attends the second International Foundry Trade Fair in Dusseldorf. He will represent the National Society of Die Casting Engineers and serve on a panel with delegates from England, France, Switzerland and the U.S. The nine day event attracts about 320 firms from 13 countries. Rearwin plans to return Sept 5.
MENTIONED IN THIS ARTICLE
Earle W. Rearwin
Southern Die Casting & Engineering
Adams - Millis Corp
Dusseldorf
Germany
Rearwin
National Society of Die Casting Engineers
England
France
Switzerland
U.S. A
Bearwin
Security quotations guide for August 31 1962 bids and asks
Unofficial national securities quotes compiled from NASD and other sources indicate approximate ranges for bid and asked prices as of August 31 1962. Origin of quotations available upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Congress Backs Some Business Wins On Tax and Expense Rules
Congress acted to curb entertainment expense deductions while keeping other tax credits and withholding proposals under review. The week saw mixed signals for the economy with autos and steel lagging and a higher cost of living complicating the outlook.
MENTIONED IN THIS ARTICLE
New York
Congress
Senate
House
Less Maintenance Features Move Into Auto Lineup
Detroit AP reports automakers push longer maintenance intervals from 6000 miles for Chevrolets to 30 000 mile lubrication bans by some firms. Ford cites a 50 000 mile powertrain warranty. Iacocca questions sales impact but says these are benefits owners deserve. Dealer inspection plays a role in the extended warranties.
MENTIONED IN THIS ARTICLE
Rambler
Cadillac
Ford
Lee Iacocca
Ford Division
Chevro
Chevrolet
Chrysler
Also Mentioned on This Page
Joe Brown
Ako
Simpson J. Dewitt Freeman
Thomasville
Taylor M. Simpson Co. Realtor
T. H. Warth
Pilot Life Insurance Co
North Carolina National Bank
Warth
J. M. Everitt
Schrafft's
Armstrong
Alfred B. Strickler Jr
Armstrong Cork Co
Robert D. Gates Jr
Lancaster
Strickler
Colgate University
Armstrong Organization
Air Force
Los Angeles
Chicago
Atlanta
Kester Machine Co
Kester
Southern
National Sales
Pittsburgh
TEL
J. Sturgis May & CO
North Carolina
Nat'l. Bank
Labor Day
Mon
Chesapeake Bay Bridge
New York Stock Exchange
N. Main ST
Jack Lefler
AP Business News
Kennedy
First National City Bank of New York
Eral Motors
Wheeling Steel Corp
Republic Steel Corp
Department of Labor
Pers Scalielita
Chicago & North Western
Arthur J. Goldberg
U.S. Supreme Court
W. Willard Wirtz
Goldberg
Ben Phlegar
Automotive
Detroit
Fea
M. D. Keith
Hayden Place
College St
Max Bones
N. Main Street
Professional Life Insurance Fervice
George P. Clark, C.L.A
NEW England Life
Mutual Life Insurance
America
Joe Honeycutt
Life Insurance
Wickcliff Ave
Occidental Company OF
MOME
Raleigh
Wees
Eee Meinhard & Company Inc
Park Ave. S
Southern Rep
Otisse Gigare
Greensboro - Tel
Charles E. Diffendal, JR
Southeastern Securities Corporation
Winston-Salem - Charlotte - Greensboro
Vanasee
Baltimore
Ange
Robert A. McCliston
T & Health
Horace G. Ilderton
Dodge
Renault
Peugeot
S. Main St
Eugene M. Wilson
Tabor St
Mlavionwise
J Nationwide Mutual Insurance Co
Nationwide Mutual Fire Ins. Co
Nationwide Life Insurance Co
Home Office
Columbus
Ohio
Jinvensni
John A. Maxwell
State Farm Insurance Companies
Main ST
N. C
Bus