Hosiery Industry News Tied to Wage Rise and Shifting Styles
The High Point hosiery sector eyes effects from last week’s minimum wage increase to 1.25 an hour, with prices for boxes and cartons likely rising. Industry sources say costs may be absorbed, not passed to consumers, as some mills shift toward seamless women’s hose and durable men’s socks amid softer demand for full fashion styles. A Sept. 11 finance symposium at Star Mount Forest Club will cover growing-business funding options with a panel of bank and investment experts. A new distributor appointment for The Gabriel Co. in Cleveland, tied to Maremont Corp, was announced.
MENTIONED IN THIS ARTICLE
Assn. of Management Consultants Inc
T. S. Storrs
N. C. National Bank
Morton Rosson
Credorg, Inc
New York
Charles Landt
Cameron-Brown Company
Raleigh
Olin Wearn
Small Business Administration
SBA
Gabriel Co
High Point
Gabriel Sales Department
Cleveland
Maremont Corp
Chicago
Bullin Named Purchasing Agent at Patrician Furniture
Paul Bullin, a High Point native and Navy veteran, is promoted to purchasing agent at Patrician Furniture Co. He succeeds J Hollingsworth, now sales manager, and has held roles including shipping clerk upholsterer and foreman across three Patrician subsidiaries since joining in 1945. He and his wife reside at 1213 Guilford Ave with two children.
MENTIONED IN THIS ARTICLE
J. Hollingsworth
Bullin
High High Point
Patrician Furniture Co
of Carsons
High Point City
Gulford Ave
Rutherfordton man named director at Metrotek Electronics
S. Bobo Tanner of Rutherfordton has been appointed a director of Metrotek Electronics in Raleigh, replacing resigning James N. Rawleigh of High Point. Tanner also serves as president of Dorcaster Company and Tanner of North Carolina, both based in Rutherfordton.
MENTIONED IN THIS ARTICLE
S. Bobo Tanner
Rutherfordton
Metrotek Electronics, Inc
Rayleigh
James N. Rawleigh
High Point
Tanner
Dorcaster Company
Tanner of
North Carolina
Purchasing Agents Set Fall Meet in Charlotte
The Carolinas Virginia Purchasing Agents Assn will hold its fall meeting at the Barringer Motor Inn Charlotte September 13 14 with about 250 members wives and guests from NC SC and VA in attendance. Mayor Stan R Brookshire will open with a welcome address followed by Thomas B Broughton NC State officials talk.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Virginia
Stan R. Brookshire
Charlotte
Thomas B. Broughton
Radiator Specialty Co
R. J. Alander
The
Charlotte Observer
Association
Prudential promotes Thomas C. Lewis to staff manager
Thomas C. Lewis of Eastchester Drive rises to staff manager in the Winston-Salem District of Prudential Insurance Co. A High Point native, he joined Prudential in 1959 after sales work and will head the detached Salisbury office at 1341 West Innes Street. He and his wife Rebecca D. Lewis have two sons and a daughter.
MENTIONED IN THIS ARTICLE
Thomas C. Lewis
Eastchester Drive
Winston-Salem
Prudential Insurance Co
Lewis
High Point
Prudential
Salisbury
W. Ines Street
Rebecca D. Lewis
Mammoth Cave purchases change hands in one day
About 12 years after Mammoth Cave’s discovery in 1799 the cave area changed hands three times in a single day. Initial buyer paid $116.67, two men followed with $400, then two others for $3,000. A Philadelphian later paid $10,000 for one co owner’s share. The cave later became a national park in 1941.
MENTIONED IN THIS ARTICLE
Mammoth Cave
Stocks Advance as Averages Rise for Sixth Week
The Associated Press stock average climbs to 279.9, up from 279.6 a week earlier, with the commodity index up for the third straight week at 159.1 from 158.5. Food shows a sizeable gain. Stuart Cloete, Paris born author of Rags of Glory and The Turning Wheels, served in the Coldstream Guards and later became a South African rancher and writer.
MENTIONED IN THIS ARTICLE
Associated Press
Stuart Cloete
South Africa
Paris
Cloete
Coldstream Guards
Market quotes guide for securities on September six 1963
Unofficial bid and asked prices compiled from the National Association of Securities Dealers and other sources. Quotes indicate approximate ranges securities could have been sold or bought at the time of compilation. Origin of quotation available upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
HPC Alumni In Forsyth Plan Meet
Forsyth County High Point College Alumni Assn plans a pot-luck supper and square dance at the Goodwill Center in Winston-Salem. Chapter president Mary Ann Hedgecock said attendees should bring a covered dish for the 6 p.m. supper. Square dancing runs 7 to 9 p.m. Louise Adams and Dale Brown will attend from High Point College.
MENTIONED IN THIS ARTICLE
Forsyth County
High Point College Alumni Assn
Goodwill Center
North Cherry Street
Coliseum Drive
Winston-Salem
Mary Ann Hedgecock
Louise Adams
Dale Brown
High Point College
Labor Day signals fall boom in auto and steel output
New York reports Labor Day marks the start of the busy fall season with rising demand. Ford and rivals forecast 1964 vehicle sales around 7.5 million and 7 million respectively, while Ford plans record quarterly output. Production of cars rises sharply this month, GM resumes after a model changeover, and steel demand nears 100 million tons for the first time since 1957.
MENTIONED IN THIS ARTICLE
Lee A. Iacocca
Ford Motor Co
General Motors
Chrysler
Iacocca
Ford
Premium Fuel Promises More Heat Per Gallon
No other fuel oil costs as much as HY TEST 303 to produce and deliver to your door yet you pay no more than the regular price of ordinary oil. Premium Fuel gives you more heat per gallon.
MENTIONED IN THIS ARTICLE
Hytest
Dillon optimistic on tax cut despite Senate delay
Secretary of the Treasury Douglas Dillon voiced optimism that the proposed 11 billion dollar two stage tax cut could pass in time to begin reduced withholding in January. He warned failure to finish this year would slow the economy and urged Senate hearings before any filibuster blocks tax legislation.
MENTIONED IN THIS ARTICLE
Washington
Congress
Secretary of the Treasury
Douglas Dillon
Dillon
Senate
House
Kennedy
Also Mentioned on This Page
Frank Warren
Starmount Forest Country Club
Bardin
W. Earl Bardin
Piedmont
Man. Bardin
John P. Stedwith
Fay- _ _ etteville
Bank of Ahoskie
Greene County
North Carolina State College
Kings Business College
Merchants and Farmers Bank of Macclesfield
Joyce Batts
Eastern North Carolina
National Assn
Chamber of Commerce
Paul Bullin
Rawleigh
McLean Trucking Co
AP Index OF
First Southern Co
Pl Security Site & Trust
First Southern Co. Pfd
U — Sonoco Products
Omarga
First Union Ye Bank
Fox Stanley Pea
Sorg Paper Company
Franklin Ag
Soverenier Finance
Garfinckel Om Com
General Sha
Ite Loan & Fin
Sar
Great Squier Tnt
Southern Real Ow
Stevens
Our
Superior
Hanes, P. H. Knitting m
Texize Chemicals Aerotron
Harris-T 1 Textiles, Inc
Yves Alice Land Dev
Holiday Vins of America
Thermo-Plastics Wa Allied Security
Horne’s Enterprises
Thomasville Furniture Ves Alivac Metals A Huyck Corporation
Tidewater Natural Gas
American Cryogenics
Jain Tel
American Discount Nee
Interstate Life & Accid
American Fidelity Lite
Bbees
Canada
Trans. iv
Travelers Insurance
Jackson Init Mkts. & Company
Vw Wee Corp
Atlanta Gas Light Bbs
Jefferson Ltd
Bassett Furniture
Kaiser Steel Nala Wrald
Ray Realty Ae
Western Rare
Ravenough Quan
Weehouie Bank
Biue Bell, Inc
Ketehuen & Company
Walker, B. B. Oeton Capital, Inc
Lance, Inc
Walter, Jim Bowater
Liberty Loaney MM
Western Carolina Tel
Niven
Life & Covuntty’ Ins
Carolina
Tel & Telaba
W. L. Corp. És
Central Wine
Nat's Cov. Corp
Central
Vermont
Coastal Plain Life Ins
Howae Life & Accid
Old Line Life
Colonial Stores
Homesationwide Homes Homes
PFO
Colorcraft Corp. Colonial Stores
PFO Ma
North American Lite Ice Britain Machine
Columbus Plastic
Im . National Bank Ma
Cone Mills
Consolidated Credit W C
Craig System ™ Ae
Life
Sa Culligan, Inc
Qhie State Life
Towner Corp
Pp ' Crackett Company
Pechattes Life Drexel Enterprises
Q' Pextile Corp
Duffy Mott
P & N. Railway
Durham Hosiery Mills
Ledmont Aviation Dynatronics, Inc
Piedmont Natural See
Wa Eastern Utilities
Siva Sme Pierce & ' Sare Prvce
Fila
Svc
N. C
Figely Seakers Life
Pyramid
S. Main St
J. C. Penners
Rosaine
GEM Shop
HPC
Forsyth Plan
King’s Tavern
Larson Heater
1 Radio
National Cash Register
Professional Life Insurance Service
George P. Clark, C.L.A
New England
Mutual Life Insurance
America
N. Main St
N. Wrenn
Wickliff Ave
North Ous
Brower Oil Co
Triple Refined
E. Fairfield RD
Joe Honeycutt Manager
Tonio
Robert L. Green
Larry Hamrick
Complete Insurance Service
Auto
N. C. National Bank Bldg
U.S
Lincoln Service
Accident & Health
George D. Davis, C.L.A
R. Delbert Kirkman
Robert E. Long
Ralph C. Davis
William R. Taylor JR
High Point, N. C
Wachovia Bank Bidg
Greensboro, N. C
Mutual Savings Life
B. B. S. Studios
American Forn. CO
American Foundation Life
Miniature Precision
Vance Sanders CO
Richard Owens
Clarence Wagner
Sturgis
Lexington
Bob Rich
J. Sturgis May & CO
N. Car
Nat'l Bank Bldg
North Car
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