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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 8 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 07, 1958

Page

5

New Atlanta Merchandise Mart World Trade Hub Planned

Local industry watchers note a warm spell boosts retail mood as fall outlook improves. An Atlanta firm buys land downtown to anchor a $15 million 20 story Merchandise Mart with 1 million square feet, replacing Bells Isle HQ, ready by mid 1960. GA commerce bids include ash trays, brushes, elevators and printing paper, details to area suppliers.

Atlanta Atlanta Merchandise Mart Emory University Bells Isle Merchandise Mart Chamber of Commerce General Services Administration

Bond Market Cheer After Labor Day Week

The post Labor Day week brought cheer to the bond markets with U S government bonds stabilizing after a summer slide and corporates showing improved financing as a large issue sold out. Municipalities remained firm while investment grade corporates declined and the Fed district banks raised discounts.

New York U.S

Stock Market Hits New High as Labor Day Week Ends

The post Labor Day week saw a new 1958 high for the AP 60 average and a strong weekly gain led by blue chips. Trading totaled about 2.95 million shares daily in the four day week amid irregular moves, profit taking, and credit tightening signals from the Federal Reserve. The AP 60 averaged $186.90, near its July 1957 peak.

New York Associated Press Formosa Strait United States Wall Street Federal Reserve Board Federal Reserve Federal Reserve System

Security quotations guide from NASD sources 1958

Unofficial bid and asked prices compiled to indicate approximate ranges securities could have traded as of September 4 1958. Quotations originate from NASD and other sources and may be requested for origin details.

National Association of Securities Dealers, Inc

Mediation Agreed To In Dispute With Southern Railway

Southern Railway said it will consent to mediation under conditions after unions threatened a strike over a proposed rule limiting forced reductions. The National Mediation Board said the two sides would state the conditions. Southern operates east of the Mississippi plus Louisiana and Illinois.

Southern Mississippi Louisiana Minois

Jamestown Fall Market Opens With National Furniture Dealers

Jamestown New York hosts the 81st annual regional fall furniture market with exhibitors from New England New York New Jersey Pennsylvania and Ohio. The five day event features case and upholstered furniture and a furniture arcade showcasing ten model room displays for Thanksgiving Christmas and New Year holidays. The notice notes Thomas Tudor Tucker a former U S Treasury secretary born in Bermuda.

Jamestown N.Y New England New York New Jersey Pennsylvania Ohio

Tobacco prices dip slightly in North Carolina markets

The Associated Press reports the first two days of Middle Belt flue cured tobacco auctions opened with 8,149,148 pounds sold at an average of 54.30 per 100 pounds, below last year’s opening week. Eastern Belt sales rose, Border Belt gained, and overall season sales reached 205,351,891 pounds at 59.64.

Associated Press North Carolina Federal State Market News Service Middle Belt South Carolina Border Belt

Mining Market Update from Kingston and Rockroft Explorations

Market bulletins report on low priced speculations from Lus Madsen Lake Kingston and Rockroft Explorations. The bulletin covers price trends, potential returns, and betting on speculative ventures in the mining sector.

Lus Quotation Service Madsen Lake Kingston

Also Mentioned on This Page

Southern Furniture Manufacturers Association By Joe Brown Bond Mart Treasury Chicago Minneapolis State of Stock Mart Adams Engineering Aerotron Allvec Eeeeeeeere Sene Amer Commercial Bank Amer & Efira Oeeuwee Amer Amer Marietta Arden Farms Arnold Stone Atlanta Gas Light Renee Ee Ts Atlas Pinance Common Bank Amelia Ees Veeeee Snerenee Sveee Billups Eastern Pete Wack Panther Company Blue Bell, Inc Blue Ridge Ins Company Brush Bergliom Veese I Mills Cape Fear Wood Press Casuslty Cone Mills Continental Gin Serareeee Deii Taylor Domestic Finance Group RR Bons Acet Card Corp F Finance u/s Franklin Life Syn of Canada Irving Trust Company Ivey, J. B. & Co Chen Jefferson Standard Life Kaiser Stee Ketchum Sosee Tae Mah Lau Blower Weneeer Lenoir Finance Levingston Shipbuilding Life & Casualty Life Companies Inc Lithium Corp of Lone Star Steel Lucky Aeneeeee Maryland Casualty Ove BT Maxson, W.L. Corpone Sia McLean Industries Miles Lab Inc Aoe Moore Handley Hardware Eeeunee Neeeer National Life N Life Ohio Blaze Life Eeeerrenrerre Olen Company Reerrees Mspote Seeveere Life Veesrneeeree Coonses Iy Penn Fru Pruit Eresee Northern Insurance Co Provident Lifes Accid TV Shield Bantam Tidewater Gas Pia Towmotor Corp Speoceress United Ins Co U.S. Life Insurance Company Wachovia Bank & Tram Jim Walters Wateon Brothers Trans Western Carolina Tel West Point Mie Co le Mh Wise Homes Saereeeee Zonelite Company Jamestown Fall Market Thomas Tudor Tucker U. S. Treasury Bermuda Toronto ST Toronto, Canada Broker-Dealers’ Assn. of Ontario U.S. Securities & Exchange Comm American-Marietta CO English St Earnarnings Eg -Marietta Ee J. Sturgis May & CO Security Bank Bldg. — High Point Hick Point Savings and Trust EM North Main S. Main Member Federal Deposit Insurance Corporation
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