Incoming ABA President Promotes Dual Banking System
Winston-Salem Archie K. Davis named incoming president of the American Bankers Association, seeks to centralize banking and strengthen the dual charter of national and state banks. Davis, Wachovia official and North Carolina native, will lead ABA at Chicago meeting with emphasis on improving state supervision and preserving local economic influence.
MENTIONED IN THIS ARTICLE
Peer Mares
Winston - Salem
American Bankers Assn
United States
Archie K. Davis
Wachovian Bank and Trust Co
Davis
ABA
Association
Chicago
Hig
Americaun Bankers
Wachovia
Robert B. Hanes
Winston Salem
University of North Carolina At
Chapel Hil
North Carolina
Community Day Dinner endorsed by state banks official
A Community Day Dinner with the endorsement of North Carolina's state banking official will be held at the Sky Room Thursday. Host groups are the North Carolina Consumer Finance Assn. and the Piedmont Lenders Exchange. William Haughton of the National Consumer Finance Assn. will speak, applauded for aiding servicemen with credit problems, winning a national Army Navy Air Force Times award.
MENTIONED IN THIS ARTICLE
State Commissioner of Banks
Sky Room
North Carolina Consumer Nance Assn
The
Piedr Lenders Exchange
William &. Naughton
National Consumer Finance Assn
Army
Navy
Air Force
Shelby Cullom
North Carolina
Banking Department
Robert L. Thompson
High Point
Richards Universal President Promoted at Hoover Ball and Bearing
Wilbur R. Richards is elevated from assistant general manager to president and general manager of the Universal Wire Spring Division at Hoover Ball and Bearing Co. The unit produces automotive and furniture springs with plants in Georgetown Kentucky and High Point North Carolina. The ceremony and awards event will be held at the Sheraton Motor Inn Winston Salem with George E. Freeman presenting plaques to North Carolina engineers and R J Reynolds Tobacco Co recipient.
MENTIONED IN THIS ARTICLE
Wilbur R. Richards
Hoover Ball and Bearing Co
Georgetown
Nigh Richards
North Piedpont
North Carolina
Sheraton Motor Inn
Winston-Salem
George E. Freeman
Highs' Point
R. J. Reynolds Tobacco Co
Lectric
Jase Institute of Technology
Aleveland
Hoover Balllt and Bearing Co
Clapp Named President of NAFM
Roger H. Clapp president of Mersman Brothers Division of Congoleum Nairn Celina Ohio elected 1956 president of the National Assn of Furniture Manufacturers at its 37th annual convention. He is the second Mersman Brothers leader to attain the post succeeding Walter Mersman.
MENTIONED IN THIS ARTICLE
Chicago
Roger H. Clapp
Mersman Brothers
Congoleum Nairn
Celina
Ohio
National Assn. of Furniture Manufacturers
NAFM
Walter Mersman
Clapp
Herbert H. Toor
Furniture Guild of California
SECURITY QUOTATIONS INTERDEALER PRICES AND MARKUPS
Quotations from the National Association of Security Dealers show interdealer prices at closing Thursday. Bids reflect representative prices, not retail markdowns or commissions, with asked prices adjusted for approximate markup. Participating firms include Piedmont Aviation Piedmont Natural Gas Pierce and Stavens etc.
MENTIONED IN THIS ARTICLE
National Association of Security Denlers
Interdealer
Inter-dealer
Ohio Stata
Piedmont Aviation
Piedmont Natural Gas
Pierce & Stavens Chem. Public Service of N.C
Pyramid Lite
Rockwell Mig
Rowe Furniture Security Life & Trust
Sensee Products
Sora Paper Co
State Capital Lite
State Loar & Fin
Stephenson Finance
Superior Cable Fir
Taxize Chemicals
Trans. Bus. Sys
Jale
Trans Gas Pipeline
Travelers Insurances
United Family
Slyuy
Beatty Ma
Wachowla Bank
Bava Western Power & Gas AB
Agroiron
Autos Continue Pacing Economy
New York AP reports 1966 auto models are rolling off lines as sales in early September beat expectations. Big three GM Ford Chrysler show gains while American Motors declines. total production for the week reaches 108,580 cars. Economic indicators include August industrial output at a new high, steady quarter gains, and record nonfarm employment mid-August.
MENTIONED IN THIS ARTICLE
New York
General Motors
Ford
Chrysler
American Motors
United Auto
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America
Archie E. Davis
By Joe Brown
Greensboro - High Point Standard
States
Sedgefield Inn
N.C. Young Bankers Assn
Catawba Timber Co
Robert G. Bickper
Jamestown
Dewey Cor
Denver
Colo
Dan Moore
W. E., Webb
Statesville
National Assn
Singer Company
Fidelity Division
William Lee Cason
Richard G. Darrance
Nathan Hani
Japan
Collier's
Anvil Brand, Inc
E.g.cridlebaugh
Atlantic Savings and Loan Assn
Savings ‘and Loan League
Amsei C. Beck
Prudential Insurance Co
Wachovia Bank & Trust
David L. Cotterill
Washovia Services Inc
Winston- Salem
Raleigh
Jerience
Arc Equipment Corp
Fos
Gererar
American Tobacco
General Instrument
Raytheok
White Consolidated
Wolnblower & Weeks Hempurl
Gee. G. Jenen
Rev. Maz
Charles E. Iffendal Jy
Lane
High Point FE
A. Tel
Jefferson Standard
Lib E. Dinance Gombe
Carolina High Port
Stunitortange Ing
Ify, Syn
Canada
Tika
Basseit Furniture
Ivey, J.B. & Co
Wiana
Bowater Paper Bya
Kevanagh-Smithof B. Brady
Liearty
Carolina Casualty
Bay VI General Stores
Carolina Mills, Inc
Cuck’s, Inc
Warolina Natural Gaze Nail Bay, Corp
Hs Atlanta Gas Light
Bufft-Norton
Ce Security
Barber Greene
Durham Life Ava Jah
Solndata Mills
Frontier Finance
Western Petro
Ns Eckerds
Hive Bell, Ac
Carolina
Sterling Inc
Brush Berglturm
Ots Garfincker J. Com
Aes
SuitMan
Stonecutter MtHs
Carolina Freignt
Walie Ranes, Corp
Textiles
Hardees
Thermo Plastics
Central Tetephora
Central Vermont
Florida Steel
Val Frenkiin Life
Franklin’ Banlt
Georgis International
Guif Lhe
Hayek Corporation
Intermountain Yells
Sye
Wee Bs
Bes
Jafferson Ltd
Lite
Joslyn Mfg
Kaiser Steel
Life Insurance
Edgar
Bob L. Parrish Ci
First Union Nat'l Bank
Geo. P. Clark
OLR
Lyon
New England Life
Mutual Life Insurance
Maine
UT Uamn
Caco
Meaaa Corel
Eee T
Ford Rent-A-Cars
Jenglish Motor
Washington St
C. Joe Honeycutt and Associates
Occidental
Peabury
Aaleen
High Petes Saneama Trem Co
Dales
Robert A. McCliston
Accident & Health
Pension
High Point Bank Mide
Yel
Travelers
Hartford
Conn
John Diffendal
Piedmont Insurance Phone & Realty Sompahy
North Wrenn St. High Point
Subj
Henredon Furniture
Founder's Life of Caroling
Allied Graphic Arts
Hatteras Yacht
Eckerd Drug
Mr. Car
Sturgis May & CO
North Carolina Bank
Dustrial Real Estate
Henry Shavitz Realty Co
Era Suaverz Realty
Wate
American Business Club
Purcell Supply