Tight Money Shapes Lending And Wage Threads In Furniture Markets
Local banks tighten loan terms as credit becomes scarce and rates rise. Wage increases in Davidson County spark mixed reactions, with furniture and hosiery sectors feeling the impact differently. Touring abroad and industry notes highlight broader business shifts and policy tensions in the South.
MENTIONED IN THIS ARTICLE
Wall Street
Federal Reserve Board
Davidson County
High Point
Lexington
Hickory
Lenoir
Drexel
Thomasville
South
Youthful Killers To Be Examined In Court
In Los Angeles three youths aged 10, 9, and 7 who shot and killed their father, Thomas Richard Parker, 31, will undergo clinical tests. Judge Burdette J. Daniels ordered tests for the boys with results due October 3. A fourth brother, 4, was detained for alleged poor home supervision. a mother expecting her sixth child did not attend.
MENTIONED IN THIS ARTICLE
Los Angeles
Burdette J. Daniels
Tommy
Robert
Richard Parker
Thomas Richard Parker
Harry
Price News Centered on Rising Costs Across Sectors
U S price trends dominate reporting as New York steak hits 1 25 a pound and manufacturers raise prices on TV sets rotogravure paper steel scrap and more. Analysts foresee a continued rise in general price levels with near record factory employment expected by December.
MENTIONED IN THIS ARTICLE
Walter Breede JR
New York
Tenison
Suez Canal
Emerson
Kuppenheimer
National Geographic Magazine
Southern Indiana Gas & Electric Co
New York Central
New York City
United Steelworkers of America
P. Lorillard Co
Kent
General Eelectric Co
Puy Incomes
Aus
General Motors
Ford
Bedspecs and diamonds headline Lester's sales pitch
A quirky ad blends bedspecs promising a 72 degree vision for reading and watching TV while lying flat with a tale of a Utah repairman finding a diamond dropped from an engagement ring 12 years earlier. Lester's Diamond department touts its size and invites visits to view the line.
MENTIONED IN THIS ARTICLE
Lester's
Market Wobbles Through Week With Suez Crisis Backdrop
The market resumed its downtrend as the AP 60 average slipped to 182.10, down 2.20, with four of five days falling. Rail shares rallied late, steels hit new highs on recovery, and motors benefited from higher Detroit output. Washington forecasts of high plant spending bolstered sentiment amid Maine’s election jitters. Notable weekly movers included Pfizer and Hazel Atlas Glass higher, Gulf and North American Aviation lower.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Suez Canal
Wall Street
Suez
Rails
Southern
Eastern and Western
Motors
Detroit
Washington
Maine
Eisenhower
Charles Pfizer
Hazel- Atlas Glass
Republic Steel
Gulf
North American Aviation
General Electric
Assembly To Study Tax Law Changes In North Carolina
Governor Hodges outlined a 1957 plan to revise and revamp the North Carolina Revenue Act. A Tax Study Commission led by former State Treasurer Brandon Hodges will study corporate and individual income taxes and the sales tax to make the system more attractive and competitive for new industry.
MENTIONED IN THIS ARTICLE
North Carolina
State Merchants Assn
Asheville
N.C. i
Hodges
National Assn. of State Budget Officers
Gov. Hodges
State Study Commission
Brandon Hodges
Snow Plow Theft Reported From Denver Station
In Denver the night temperature reached 91 while a service station owner reported a bright red snow plow stolen. Cliff told police the heavy equipment vanished from the lot, prompting an investigation into the off season theft.
MENTIONED IN THIS ARTICLE
Denver
Cliff
Tobacco Sale May Be Slowed
Raleigh set to study slowing tobacco sales to bolster prices. Bright Belt Warehouse Association directors and members in the flue cured area will decide tomorrow on shortening daily sale hours from five to four on Eastern North Carolina Belt markets and the Border Belt, with a further cut on the North Carolina Middle Belt.
MENTIONED IN THIS ARTICLE
Raleigh
Bright Belt Warehouse Assa
Fred S. Royster
South Carolina
Royster
North Carolina Farm Bureau
North Carolina Belt
North Carolina
Also Mentioned on This Page
Urlan Financial
Don Upton
Upton Supply Co
Europe
England
Germany
France
Switzerland
Denmark
Douglas J. Loury
Home Security Life Insurance Co
Loury
Schoonbeck Company
Marietta Club
Virginia
George Davis
George Clark
New England Mutual Life Insurance Co
Hot Springs
SAFA
Southern Retail Furniture Association
Charlotte
Piedmont Furniture Management Conference
U. S
Charles R. Jonas
By Joe Brown
Snie
Woon
Thomasy
Price News
U.S
Grami Time PLC
Utah
Lester's Jewelers
R. S. Dixon
National Association of Security Dealers
Sturgis May
Sturgis May and Co
Clarence Wagner
Security Bank
Piedmont Natl
Postal Life Ins. Co
Amer
NCC
Ste
Efird
Anvil
Atlanta Gas Light
Eee
Lite
Trust Atlantic Stee
Atlas Sewing Centers
Skyland Life A
Bank of America
D. Lite
Southeastern Fund
Black Panther Co
A3us
Southland Life Iwe-Bellne
Standard Fruit, & SS
Bulleene, Com. Ass
Sterling Bissner
Superior Cable A. Sutton
Bees
Carolina Carolina
Chatham Mfg. Com
Colonial
Olonial
Nion Nathnk
Bank TS Int Ad
Terrary Coeranation
CIA
GTP
Wes Point
Don Ney
Zonolite Co
Erwin Mills Inc
Itage
Franklin Tite Ins
Frigtkar Iy
Garfinekel J
General Amer. Oj
iGarfinekel J
Pta
Griggs Equipment
Guardian Consumers
Jane Maine
Guilford Natl
Banks
Gulf Cities
iGulf Lite
Pk Knitg
Fanos. PH BR
Hyeon Tn Co
Inter
Mt. el Wa
Irving. Trust
Trey, Teafeon Ltd
Kaiser Stee
Kellogg Company Keyne Portian Cem
Sinesnort Press
Lau Blower
Lenoir Finance Zits
Mississa Shipping Andley
Moore Morganton Furniture
Natl
Food Prod Co
Nee Life & Accident
North Amer Life Ins
Carp
Railroa
Tel & Tel
Dccidental Life Insife
Ohio State
Oswego Falls Corp
Peninsular
Penn Controls
Penn Vent
By ED Morse
Assembly
J. N. Rawleigh
Etim St
N.C
College Street
George D. Davis
CLO
George P. Clark
Assoc
New England
High Point Savings and Trust
Anus Va
N. Main
S. Main
Member
Federal Deposit Insurance Corporation
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!