USA > North Carolina > Stanly County > Albemarle > Hill's Albemarle (Stanly, N.C.) City Directory [1963] > Part 1
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SWIMMING POOLS 1108 N. SECOND ST.
DEWEY D. TREECE BUILDING SPECIALTIES
TEL. YUkon 2-4117
THE FIRST NATIONAL BANK
Capital $100,000.00
110,000 MAXIMUM FOR EACH Crouton
Surplus $300,000.00
Undivided Profits and Reserves $223,000.00 EVERY MODERN BANKING FACILITY HOME OWNED WITH FRIENDLY SERVICE .HOME OPERATED TWO CONVENIENT LOCATIONS
HOME SAVINGS & LOAN ASSOCIATION
10A
NX SY
INSURED
TIME AND TEMPERATURE QUICK AS A FLASH
108 East North St. Tel. YUkon 2-1615 (SEE PAGE 68 BUYERS' GUIDE)
m HOUGH-OZU 3 L
Firestone HOME & AUTO SUPPLY STORES
C. D. HATLEY, Owner
3 CONVENIENT LOCATIONS
Store No. 1-230 W. Main St. Phone YUkon 2-2171
Store No. 2-1006 W. Main St. Phone YUkon 2-4315
Phone YUkon 2-8114 S
North Carolina =SAVINGS & LOAN ASSOCIATION=
SA
NGS
SAFETY OF YOUR
INSURED
TO
110,000. CE CORPO
5Y
ALBEMARLE, NORTH CAROLINA
TO SERVE YOU. LARGE ENOUGH SMALL ENOUGH
TO KNOW YOU+
AUTO LOANS - OF ALBEMARLE, Inc. - 421: W: MAIN
E. B. STONE FINANCE CO
YUkon
2-1114 PHONE
PECK'S FLORIST PHONE YUkon 2-2615
"Flowers of Distinction" P. O. BOX 910 CITY WIDE DELIVERY
F.T.D.
NORWOOD ROAD
ORGANIZED 1902
MEMBER
0 N S Store No. 3-306 Concord Rd.
3
SPARRUS
OIL
SOUTH CENTRAL
"YOU RING~ WE BRING" YHkort 2:2172
FUEL OIL
GASOLINE KEROSENE
Phillips 66
THE LIBRARY OF THE UNIVERSITY OF NORTH CAROLINA
LUX
LISTATAŞ
THE COLLECTION OF NORTH CAROLINIANA PRESENTED BY Greensboro Chamber of Commerce
C971.84
A 32h
1963
LAURINBURG, N. C.
276-1767
LENOIR, N. C. 728-9732
MT. AIRY, N. C. ST 6-2420
NEW BERN ME 7-5460
NORTH WILKESBORO, N.C. 838-4158
RALEIGH, N. C. TE 2-4438
SALISBURY, N. C. ME 3-3027
SANFORD, N. C. SP 4-4351
WILSON, N. C. 237-3118
EXPRESS, Inc.
ear 1024 N. 2d St. RLE, N. C.
ation Service Since 1928
cilities and Efficient Personnel incipal Cities In North Carolina
RS CALL STATIONS
PHONE NUMBERS
51
ASHEBORO, N. C. WX-4000
BOONE, N. C .. AM 4-8836
33 BURLINGTON, N. C .__ WX 4000
21 CONCORD, N. C. WX 5000
DUNN, N. C .. 3869
DURHAM, N. C. 688-0441
86
ELKIN, N. C .. IN 0300
43 HAMLET, N. C. WX 1000 97 HIGH POINT, N. C ._ 888-9933 JACKSONVILLE, N. C. .6729
KANNAPOLIS, N. C .___ WX 5000 JA 7-0605 KINSTON, N. C ..
LEXINGTON, N. C .. WX 4000
LUMBERTON, N. C. WX 1000
MOCKSVILLE, N. C. ME 4-2502
REIDSVILLE, N. C ._. _DI 9-4145 ROCKINGHAM, N. C .__ WX 1000 ROCKY MOUNT, N. C .__ 446-6050 STATESVILLE, N. C ._ _TR 3-4374
THOMASVILLE, N. C. 819
WINSTON SALEM, N.C. PA 4-5282
OVERNIGHT SERVICE BETWEEN Piedmont Section of North Carolina and Points in Eastern North Carolina
Direct Connections with Dependable Line Carriers at Charlotte, Greensboro and Raleigh on Both Interstate" and Intrastate Traffic to and From Points not Served Direct. Connections with Reliable Car Loading Companies To West at Charlotte, Greensboro and Raleigh
Adequate Insurance Coverage For Your Protection
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HILL DIRECTORY COMPANY'S
51
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AX
IN A HURRY CALL
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PHONES YUkon
2-1 YL 2-3
This book must not be taken from the Library building.
24 HOUR
RADIO E
AXI ST 148 S.
Form No. 471
ALBEMARLE CITY DIRECTORY
C. K. EARNHARDT & SON INC.
GRADING AND PAVING
ASPHALT PAVING
. Land Clearing · Lake Building Dirt and Stone Hauling
. Streets · Drive-ways
. Road Building · Basement Excavating
. All Types Excavating and Hauling
Roads Parking Areas
EXCAVATING
Office 1743 Badin Hwy.
Tel. 982-5016
Night Tel. YUkon 2-4697
HILL DIRECTORY COMPANY'S
HILL'S ALBEMARLE
(STANLY COUNTY, N. C.) CITY DIRECTORY Including Badin, Eastwood Park and Weselyan Heights 1963
Containing an Alphabetical Directory of Business Concerns and Pri- vate Citizens, Including Rural Route Residents, a Directory of Householders, Occupants of Office Buildings and Other Business Places, Including a Complete Street and Avenue Guide, a Numerical Telephone Directory and Much Information of a Miscellaneous Character; also a
BUYERS' GUIDE and a Complete CLASSIFIED BUSINESS DIRECTORY FOR CONTENTS SEE INTRODUCTION AND GENERAL INDEX PRICE $35.00
HI
HILL DIRECTORY COMPANY, Publishers
2910 W. Clay St., P. O. Box 6874, Richmond 30, Va. DIRECTORY LIBRARY FOR FREE USE OF PUBLIC AT ALBEMARLE AND STANLY COUNTY CHAMBER OF COMMERCE, INC., INC., 112 E. NORTH
Member Association of North American Directory Publishers
Copyright, 1963, by Hill Directory Company
aNa
D P
1898|
1
Excerpt from Section 104, Title 17 United States Code Annotated
WILLFUL INFRINGEMENT FOR PROFIT .- Any person who willfully and for profit shall infringe any copyright secured by this title, or who shall knowingly and will- fully aid or abet such infringement, shall be deemed guilty of a misde- meanor, and upon conviction thereof shall be punished by imprisonment for not exceeding one year or by a fine of not less than $100 nor more than $1,000, or both, in the dis- cretion of the court.
PUBLISHERS NOTE
The information in this Direc- tory is gathered by an actual canvass and is compiled in a way to insure maximum accuracy.
The publishers cannot and do not guarantee the correctness of all information furnished them nor the complete absence of errors or omissions, hence no responsibility for same can be or is assumed.
The publishers earnestly re- quest the bringing to their attention of any inaccuracy so that it may be corrected in the next edition of the directory.
Hill Directory Company, Publishers
** Association of North American Directory Publishers
INTRODUCTION AND
GENERAL INDEX
HILL DIRECTORY COMPANY, publishers of Southeast- ern Directories, (publishers of the Albemarle Directory since 1951), present to subscribers and the general public, this the 1963 edition of the Albemarle City Directory, which also in- cludes Badin, Eastwood Park, Weselyan Heights and Rural Route Residents.
Confidence in the growth of Albemarle's industry, popula- tion and wealth, and in the advancement of its civic and social activities, will be maintained as sections of this Directory are consulted, for the Directory is a mirror truly reflecting Albe- marle to the world.
The enviable position occupied by HILL'S Directories in the estimation of the public, has been established by rendering the best in Directory service. With an unrivaled organization, and having had the courteous and hearty cooperation of the business and professional men and residents, the publishers feel that the result of their labors will meet with the approval of every user, and that the Albemarle Directory will fulfill its mission as a source of authentic information pertaining to the community.
Five Major Departments
The five major departments are arranged in the following order :-
I. THE BUYERS' GUIDE constitutes the first major de- partment, printed on goldenrod paper, and contains the adver- tisements of leading manufacturing, business and professional interests of Albemarle. The advertisements are indexed under headings descriptive of the business represented. This is ref- erence advertising at its best, and merits a survey by all buy- ers eager to familiarize themselves with sources of supply. In a progressive community like Albemarle, the necessity of having this kind of information immediately available, is ob- vious. General appreciation of this fact is evidenced by the many reference users of this City Directory service.
II. THE CLASSIFIED BUSINESS DIRECTORY is the second major department, printed on canary paper. This de- partment lists the names of all business and professional con- cerns in alphabetical order under appropriate headings. This feature constitutes an invaluable and indispensable catalog of the numerous interests of the community. The Directory is the common intermediary between buyer and seller. As such, it plays an important part in the daily activities of the commer- cial, industrial and professional world. More buyers and sellers meet through the Classified Business Directory than through any other medium.
III. THE ALPHABETICAL LIST OF NAMES of residents and business and professional concerns, is the third major de-
800166 gift érenzine !
viii
INTRODUCTION AND GENERAL INDEX
partment, printed on white paper. This is the only record in existence that aims to show the name, marital status, occupa- tion and address of each adult resident of Albemarle, and the name, official personnel, nature and address of each firm and corporation in the city.
IV. THE DIRECTORY OF HOUSEHOLDERS, INCLUD- ING STREET AND AVENUE GUIDE, is the fourth major de- partment, printed on green paper. In this section the numbered streets are arranged in numerical order, followed by the named streets in alphabetical order; the numbers of the resi- dences and business concerns are arranged in numerical order under the name of each street, and the names of the house- holders and concerns are placed opposite the numbers. The names of the intersecting streets appear at their respective crossing points on each street. Special features of this section are the designation of tenant-owned homes and the listing of telephone numbers.
V. THE NUMERICAL TELEPHONE DIRECTORY is the fifth major department, printed on blue paper.
Community Publicity
The Directory reflects the achievements and ambitions of the community, depicting in unbiased terms what it has to offer as a place of residence, as a business location, as a port, as a manufacturing site and as an educational center. To broadcast this information, the publishers have placed copies of this issue of the Directory in Directory Libraries, where they are readily available for free public reference, and serve as perpetual and reliable advertisements of Albemarle and vicinity.
The Albemarle Out-of-Town City Directory Library
Through the courtesy of the publishers of the Albemarle City Directory, a Directory Library is maintained in the offices of the Albemarle & Stanly County Chamber of Com- merce, Inc., for free reference by the general public. This is one of more than 1,000 Directory Libraries installed in cities and towns throughout the U. S., Canada and Puerto Rico by members of the Association of North American Directory Publishers.
The publishers appreciatively acknowledge the recognition by those progressive business and professional men who have demonstrated their confidence in the City Directory as an ad- vertising medium, with assurance that it will bring a commen- surate return.
HILL DIRECTORY COMPANY Publishers.
INDEX TO ADVERTISERS PAGE NUMBERS BELOW REFER TO THE BUYERS' GUIDE SECTION
Page
Albemarle Bake Shop
15 19 53
Albemarle Coca-Cola Bottling Co Inc. Albemarle Hotel right top lines and
Albemarle Insurance Agency Inc back lip margin
Albemarle Music Store Inc. right side lines and 60
Albemarle Oil Co Inc. .left top lines and
45
Albemarle Wood Preserving Plant ...... left side lines and Allen Clothing Store Inc.
left bottom lines and
Auten Motors Inc.
Badin Bike Shop
Badin Heating & Sheet Metal Contractor
Boone Laundry & Cleaners Inc. right top lines, 35 and
Boyd's Used Cars
Burrell Bakery left top lines and 15 27 4
Burris H J Electrical Contractor
C & M Ambulance Service. right side lines and
C & M Taxi Co. left side lines, B and 70
Cabarrus Bank & Trust Co
front cover, left top and right bottom lines and 17 58 48 7
Coy's Day-N-Night Laundromat
54
Crook Motor Co Inc. left top lines and 7 8
Crowell & Honeycutt Body Shop
Davis Motor Co left top lines and 8
Dennis Concrete Works Inc
front stencil, left bottom lines, 21 and 25 Don's Auto Repair left side lines and 11 Drug Centre Inc
Dun-Rite Laundry & Cleaners Inc.
Earnhardt C K & Son Inc.
East Main Drive-In
Economy Auto Supply.
Efird H P Co Inc.
Efird Lexter L.
Efird Sam M Contractor.
Firestone Home & Auto Supply Stores
First National Bank The ...... front cover, right top lines and Five Points Recapping Service
Frick G A Plumbing Co.
Gantt Rulane Gas Service Inc.
Gem Automatic Gas Co Inc. right side lines and
Goodman Oil Company Inc right side lines and Hamp Talbert Realtor
Harwood's Florist left top lines and
Helms Motor Express Inc. left top lines, A and Herlocker Service .back cover, left side lines, 6 and
JT'll Directory Company
Hill's Sunoco Service
right side lines and 70
57 23 11 19
left side lines and 30 54 71
Carolina Solite Corp right bottom and side lines and Carson Furniture Co ..
Confederate Motors Inc.
bottom stencil, left top and right bottom lines, 33 and 63 55 C 67 9 right side lines and 37 27 29
front cover, left bottom lines, Z and 5 18 12 64 back cover and 49 50 41 67 39 59 45 32
x
INDEX TO ADVERTISERS
Holbrook D A & Sons General Contractor. Page 28 Home Savings & Loan Association front cover, right bottom lines and
68
Hotel Albemarle
Huckabee Lumber Co Inc.
Jack's Garage
John's Piano Shop
Johnston Construction Co
Jones Brothers Bakery
right side lines and
Jones Shoe Repair
Lefler Funeral Home Inc. right top lines and
Lefler Furniture Co Inc.
Loftin's Drug Store
Lorch Plumbing & Heating Co Inc
back cover, right side lines and 26
Lou Lynn Casuals .. right side lines and 24 51
Lowder Hardware Co Inc. right side lines and
Lowder Heating & Sheet Metal Co. „right bottom lines and 52
McManus G C Co Inc.
Miller's Dry Goods Store
Miller's Inc. left bottom lines and
Miller's Produce
Morgan Insurance Agency Inc. right side lines and
Morgan Marvin F right side lines and
Morgan Motor Co of Albemarle Inc. .right side lines and
Morton's Building Supply
left side lines and
Nehi Beverage Co.
North Carolina Natural Gas Corp
North Carolina Savings & Loan Association
Norwood Stockyard
Palmer-Boger Furniture Co
Paramount Construction Co Inc right side lines
Peck's Florist. front cover, right top lines and
Penney J C Co Inc.
Piedmont Cleaners
Press Printing Company
Purcell's Drug Co
Radio Station WABZ Inc left side lines and
Radio Station WZKY
Reeves Standard Sheet Metal
.right top lines and
2
Ritchie Auto Parts
Ritchie's Grill & Dining Room
Ross Studio
Russell's Pest Control & Chemical Co ...... right top lines and Sealtest Foods Division National Dairy Products Corp Select Mobile Homes .left side lines and 58
'Service Distributing Co Inc
back cover, right side lines and 42 Setzler-Hinson Furniture Co Inc ... „right top lines and 47 Smith's Mutual Insurance Agency ...... right bottom lines and 53 28 Snuggs Electric Service
South Central Oil Co Inc. front lip margin and 43
Southeastern Block & Tile Inc
back cover, right top lines and 22
Spence Motors Inc. right side lines and 12 Standard Office Equipment Co. .. right side lines and 61
10 67 64 36 30
front cover, left top lines and 69 55 48 40 31 35 back cover and 66 34 right side lines and 67 2
23 19 50
left side lines, 2 and 37 31 54 65 54 62 9
right top lines and 53 right side lines and 56 13 left side lines and 60 28 16 70 46 right top lines and 48 34
xi
INDEX TO ADVERTISERS
Page 'Stanly Exterminating & Insulating Co ...... right top lines and
37 38
Stanly FCX Service Inc.
Stanly Funeral Home Inc. left top lines and 46
Stanly Hardware Co Inc. right side lines and 52 Stanly Oil Co 46 3 Stanly Refrigeration & Air Conditioning Stanly Salvage 12
Still Oil Co
top stencil and 44
Stone E B Finance Co of Albemarle Inc
front cover, right top and left bottom lines and 14
Stovall-Wolfe Motor Co right top lines and 10
59
Sunset Motel
Treece Dewey D Building Specialties. front cover 71
Underpass Body Shop right side lines, 12 and
Vickers C L Transfer backbone and 60 11
Vickers Used Cars.
Winecoff Electric Co Inc. back cover, 3 and
36
Yadkin Brick Yards Inc. .back cover, right side lines and 20
35
Yadkin Pharmacy
MORE GOODS ARE BOUGHT AND SOLD THROUGH THE CLASSIFIED BUSINESS LISTS OF THE DIRECTORY THAN ANY OTHER MEDIUM ON EARTH
ALBEMARLE
(Courtesy Albemarle and Stanly County Chamber of Commerce, Inc.)
Statistical Review
FORM OF GOVERNMENT-Council-Manager
POPULATION-12,500
AREA-5.6 square miles.
ALTITUDE-505 feet above sea level.
CLIMATE-Mean annual temperature, 60 degrees F .; average annual rainfall approximately 48 inches.
PARKS-2 (1 municipal and the other maintained by Wiscas- sett Mills).
ASSESSED VALUATION-$50,298,000. Tax rate $.60 per $100 based on 75 per cent of real value. Stanly County and Albe- marle are in excellent financial condition.
BANKING AND FINANCE-2 banks, 1 of which is locally owned; 2 locally-owned building and loan associations. TELEPHONES-8,800 in service.
CHURCHES-Approximately 30, representing all major de- nominations.
INDUSTRY-Hosiery, yarn, lumber and aluminum products are chief industrial goods. 64 manufacturing concerns in Stanly County employ over 8,000 workers, expending over $26,000,000 in payrolls annually.
AGRICULTURAL PRODUCTS-Grains, lespedeza, hay, milo, cotton, corn, dairy products, beef, pork, poultry and sheep. COMMUNICATIONS-One semi-weekly newspaper, The Stanly News & Press, and 2 radio stations, WABZ and WZKY. TRADE AREA-10 miles west; 20 miles east, north and south. HOTEL: 65-room Hotel Albemarle. Also 20 unit motel under construction.
RAILROADS-2: Winston-Salem Southbound and Yadkin. HIGHWAYS-U. S. 52; N. C. 27, 73 and 740.
AIRPORT-Private, with charter service.
RECREATION-Excellent Y.M.C.A., with bowling and bil- liards; 1 theatre, with seating capacity of 700, 2 drive- in theatres, swimming pools, tennis, golf and 1 new 16 lane bowling alley.
MEDICAL FACILITIES-Modern 140 bed Stanly County Hos- pital; Stanly County Medical Center.
PUBLIC LIBRARY-Contains 55,000 volumes.
EDUCATION-5 city grammar schools and 2 high. 3 new con- solidated high schools in county. Pfeiffer College at Meis- enheimer.
Location
Albemarle is located in the heart of Piedmont North Caro- fina, among the gradual rolling hills of the Uwharrie Mountain
xiv
INTRODUCTION
range. It truly can be described as an area of "accessible iso- lation," being near large market areas and yet not hampered by large industrial and trade areas threatening to smother it. The county seat of Stanly County, Albemarle is near the geo- graphical center of the state.
Climate
This area enjoys a mild, healthful climate throughout the year, being neither excessively hot in summer nor cold in winter. The annual mean temperature is 60 degrees. Average annual rainfall is 48 inches, and snowfall is 6.4 inches. The length of the growing season is approximately 200 days. This area is not subject to violent storms or other unusual weather conditions.
History
The city was named for the duke of Albemarle and was in- corporated in 1847. The entire area is richly flavored with ro- mantic history of the early settlers (primarily English and French) and of Indian tribes which once roamed the ageless mountain ranges. At one time river traffic came within ten miles of Albemarle, up the Pee Dee River, but of course this long since has given way to the harnessing of river power for electricity. Albemarle played a major role in both the Ameri- can Revolution and the War Between the States. Skirmishes were reported in both wars, and a great deal of legend has been handed down generation-by-generation. There was a gold rush in the county during the 1860's, and at one time there were four mines in operation here.
Government
Albemarle is governed by a mayor and five aldermen, elected biennially by the people. Five commissioners, also elected biennially, govern the county. Politically, the commu- nity has been traditionally governed by a two-party system, in keeping with its early heritage.
Stanly County Hospital
XV
INTRODUCTION
Municipal Facilities
The 140 bed Stanly County Hospital was completed in 1950, with all modern clinical and laboratory facilities to serve the city. The hospital is well staffed and has many specialists more commonly found in larger cities. The County Medical Center was placed in service in the spring of 1953, and will accommo- date numerous patients through the county clinic.
The beautiful Wiscassett Memorial Y.M.C.A. was com- pleted in 1950, and contains recreational facilities surpassed by few communities in the state. The spacious building accommo- dates several recreation and banquet rooms, library, lounges, a large gymnasium, bowling alleys and billiards. It is open to membership of the entire community. The "Y" also has a large, indoor swimming pool.
Albemarle has two individual water plants, the largest and most modern of which is currently serving the community. It was completed and placed in service in 1951, and delivers a maximum of 8,000,000 gallons of water daily. It can easily be expanded to produce 12,000,000 gallons a day. The water is pumped from the Yadkin River, some seven miles away.
The old water plant, having a capacity of 2,000,000 gallons daily, is being kept as an emergency measure, and is operat- ed daily by the city to keep it in top condition.
The municipal sewage-disposal system is modern, and is also being expanded to 8,000,000 MGD capacity to meet the growing needs of the community.
Albemarle owns its power distribution systems buying its power from Duke Power Co. and reselling at Duke retail rates.
Aerial View Downtown Albemarle
xvi
INTRODUCTION
Swimming Pool, Morrow Mountain State Park, Albemarle
Both Albemarle and Stanly County are in excellent finan- cial condition, having floated bonds for municipal and county projects a few years ago. They are paying off these debts at a rapid rate.
The fire and police departments are modern, well-staffed and have the latest equipment available. There are 26 police- men and 23 firemen protecting the city. The city carries a fire insurance rating of 5.
Education
The city is equipped with five grade and two high schools, staffed by approximately 86 teachers. Pfeiffer College, a four year institution, is located at Meisenheimer, eleven miles north of Albemarle. This beautiful campus is staffed with ex- cellent instructors, and offers a wide variety of studies and de- grees.
Churches
Practically all denominations and faiths commonly found in America are among the approximately 30 churches of Albe- marle.
Recreation
This is truly an ideal location for recreation. In addition to the Y.M.C.A., already mentioned, 51/2 miles east of town is the 4,000-acre Morrow Mountain State Park. This is known widely as the best park in the state system, and offers such fa- cilities as a beautiful lodge, a spacious swimming pool, six cabins for summer vacationists, a large trailer camp, two pic- nic areas, camping grounds, scenic roads and trails, boating and fishing. Also a nature and historical museum is operated for study by the public.
The Stanly County Country Club offers a beautiful 18-hole golf course which is considered one of the best in the state.
There are two parks within the City. One is municipally- owned and has a large swimming pool, and the other is a large playground for children. Other facilities are tennis, horseback riding, softball, hunting and picnicking.
xvii
INTRODUCTION
Scene From Atop Morrow Mountain State Park, Albemarle
Industries
The chief industry of Albemarle and Stanly County is tex- tile manufacturing. Second in importance is the aluminum pro- cessing plant at Badin, seven miles from Albemarle. The ho- siery knitting industry ranks third. Other industries and prod- ucts are furniture and wood products plants, brick manufac- turing, light-weight aggregate products, stone, flour mills and food industries. There are over 8,000 persons in Stanly County on industrial payrolls of approximately $26,000,000 annually. Many of these workers are farm-owners, and work both in the mills and by tilling their soil.
Transportation
Two railway lines serve Albemarle-The Winston-Salem Southbound and the Carolina and Northwestern Railroad. The former of these is controlled by the Atlantic Coast Line and the latter is leased by the Southern Railroad.
Four bus companies operate both local and interurban bus services throughout this area. There are three State highways and one U. S. highway intersecting at Albemarle. They are: N. C. 27, 73 and 740 and U. S. 52.
Seven motor-freight carrier lines serve Albemarle on a schedule basis. Few places along the Eastern Seaboard are more than 24-48 hours from Albemarle by freight.
A locally-owned private airport, offering charter service, serves this area. There are no commercial airlines.
Agriculture
Stanly County is one of the foremost agricultural centers of North Carolina and can boast many "firsts." It is the only ex-
xviii
INTRODUCTION
porter of small grain within the state. It is the leading county in lespedeza seed growing. For many years this county has sup- plied other areas with quality seed. Stanly County ranks high in the production of beef and dairy cattle, poultry products, sheep and swine, and is a big producer of milo, corn and cotton. It has hundreds of acres of permanent pastures and hay crops. Tenant-farming is disappearing in this area due to the high fer- tility of the soil and the ability of the farmers to capitalize on it.
Banking and Finance
Albemarle is served by two banks: The First National Bank and a branch of the Cabarrus Bank & Trust Co. of North Carolina. The former, locally-owned, has assets totaling $7,000,- 000, while the latter has assets totaling $34,000,000. 1
There are two building and loan associations with assets totaling $30,000,000. The Albemarle Savings & Loan Association and the Home Builders Association.
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