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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Sep 06, 1959

Page

5

Small firms gain edge as government contracts expand

The General Services Administration is publishing regular lists of needed items often restricted to small businesses. Items include electrical wire, binders, mimeograph paper, staples, wood furniture, plywood, cups, and shipping boxes along with services from carpentry to hauling. Ramseur Furniture Co invites Khrushchev to Moscow exhibit site to study American furniture pricing for workers, but his southern itinerary seems unlikely.

General Services Administration Chamber of Commerce South Nikita Khrushchev Ramseur Ramseur Furniture Co Moscow Nikita

Basic Furniture Styles Begins Upholstered Furniture Production

Basic Furniture Styles Inc has started producing upholstered living room furniture at 1518 English St with Maples and shackberry for frames. Dan Curran, ex Heritage Furniture and Erwin Lamberth Inc., is president and says upper-price line will be sold entirely east of the Mississippi.

Basic Furniture Styles Inc English St Dan Curran Heritage Furniture Erwin Lambeth Inc Thomasville Basic Mississippi

Security Quotations Guide for Sept 3 1959

A compilation notes quotations from Security Quotations Dealers Inc and other sources as a guide to approximate ranges of securities could have bids or asks at the time of compilation September 3 1959. Origin of quotations to be furnished on request.

Economic shifts seen as August holds mixed signals

The economy shows sagging store sales and lower July manufacturing outlays while August construction accelerates with 51 percent higher awards than a year ago. Industrial facility contracts total $1.9 billion, but overall awards lag July and last year. A spread of corporate moves announces new products and tech advances for 1960.

Raymond Hoadley Herald Tribune News Service New York Engineering News Record

New Interest in Government Bonds Draws Small Investors

Washington reports a surge of small investors into government bonds as yields rise. After the Treasury sold one year bills at 4.728 percent and offered 4% notes maturing in 1964 and 1965, buyers pulled funds from checking accounts and deposits to chase fixed returns.

Washington the Treasury Department United States The Treasury

Economy shows slight uptick in week index and varied sector moves

The Herald Tribune reports a small rise in the general business index to 156.0 for Aug 29 from 155.8 Aug 22, with 175.0 in Aug 30, 1958. Steel output nears 12.2 percent capacity at 345000 tons. electric energy output hits a record 14.109 billion kilowatt hours for week ended Aug 29, up 15 percent. July U S imports drop 9 percent from record, while wholesale food prices rise to 5.99 per pound led by sugar eggs and potatoes. beans peas and lamb fall.

New York Herald Tribune News Service Dun & Bradstreet

Credit Demand Increasing Amid Prime Rate Rise

Walter Bree­de Jr. reports that despite a crippling steel strike, U S banks face high demand for credit as prime rates rise to 5 percent. Banks nationwide tighten lending while borrowers feel higher costs for mortgages and auto loans amid an inflation fight and growing loan demand.

Also Mentioned on This Page

Mr. K By Joe Brown Home Furnishings Daily Se 2 Pittsburgh H. Scott Norris Pittsburgh Plate Glass Raleigh H. J.hertenstein Norris Bulla James L. Bulla Jr Hughes-Rankin Company North Carolina Hughes-Rankin Hanes Chair Co Mocksville High Factors Percy I. Payne Jr Southeastern Factors Corp Charlotte Payne High Point College Wachovia Bank Southern Meinhard & Company of NAHM National Association of Manufacturers Harold Springer Dunbar Furniture Corp Berne Ind NAFM Jacksonville Fla Huntingburg New York City Chicago Horace Wheat Edgewood Ave High Point L. C. Chiles Por State Capital Life Insurance Trait Studio Co. Security Bank Ie Insurance Houston Corp. Et Houston Oil Field Inter Mtn. Tel Interstate Life Canada J.B Lake Pet Jett Life Kaiser Btee Vabene Sueenee Lenoir Financeingstone Life & Ty Life Lone Star Bteel Lucky Stores MacMillan Co. A'S Seeenee l McLean Industries Miles Labs., Inc Miami Miles Ge Miss Moore Handiey Hardware Amer Comm Bank Coeur Enene Amer & Efird Hatuneres Corp Eeeee Ones Fidelity Life Erewenenee Oat Uo & & Aceid Aed Amer Hospital Supply North Anse Eeewanee Cohasy i Marietta Com Seeeeree N.C. Nat'l Oes Amer Marietta Pfd Occidental Ohio State Life Knee Penn Fruit Co Duanens Pfaudier-Permutit Billups Eastern Petro Oonnee Tiegmens A“ Panther P&n RR Piedmont Nat’ Gas Postal Life Ins. Co. Eeevee Ater O's Ms Provident Beryliu Pasweneeer Republic Mat P.&l Gas Ryder System Shield Bantam Spdee 7Mall Scripto, Inc Sateen Sutton Sai Ceeneeereeee Textiles, Inc Eevee Eeerne Thermo King Hiener Renenen Tidewater Tidewa Aal Renene Towmotor Corp Portland Gementea Enee Nat's Bank Warhovia Bank Pete Alter Onne H. Kiig West Point Mutual Savings Bank Sara Lee, Inc Universal Match Alsco, Inc Ritter & Co Monsanto Chemical General Motors Meinhard & Company, Inc Fourth Ave Percy Payne Sunset N. C Investment Services Charles Diffendal Mr. Diffendal Carolina Securities Cor Midwest Stock Exchange Insurance W. Roland Albertson Life Insurance Com Eddie Ridge Massachusetts Murtual Life Insurance Company Security Bank Walter Breede JR AP Business News U.S Rodgers Insurance Agency N. Main St E. C. Lane Tom Jefferson Standard Life Insurance CO Greensboro, N.C Wachovia Bank & Trust CO Wachovia Pyramid Life Ins. Co Mac Panel Co 4 May & CO. Investment Securities Hich Point Savings and Trust North Main S. Main Member Federal Deposit Insurance Corporation
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