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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 16, 1967
Page
6
Pension fund managers buy corporate shares on balance but show caution, liquidating glamour stocks and moving toward telephone issues and utilities to limit exposure to earnings declines. They will still buy on price dips as they seek dividends amid high market values and potential inflation risks.
The piece notes rising man hours lost to strikes this year, forecasting the highest totals in years amid Vietnam war strains and a weak economy. It discusses possible anti strike laws and compares U S unions to British and French models while highlighting unions’ leverage in key industries.
Pic. Mike Bratcher, 20, told his commanding officer I quit and is held in the guardhouse on AWOL and failure to obey. Deputy Hawke reports Bratcher walked in civilian clothes and refused to dress for duty, then was put in stockade and has not eaten since Thursday.
GM President James M Roche, preparing for GM’s 100 millionth U.S. built vehicle, expresses strong faith in the auto industry’s future. He notes industry sales records from 1962-1965 and predicts 10 to 12 million annual vehicle sales as conservative. Roche cites GM’s role as a corporate citizen and outlines current global employment, dealerships, and production.
Quotes from the NASD at 3:00 p.m. Thursday show representative interdealer prices. Markets vary through the day and prices exclude retail markups and commissions to keep mobility in the expanding economy domestically and internationally.
Washington AP reports farm leaders fear a farmer revolt at next year's elections that could undermine federal stabilizing programs. Frustration over declining prices and income grows among associations like the National Farmers Organization and the Farmers Association, with critics blaming anti inflation policy and administration actions. They warn the revolt could aid the American Farm Bureau Federation in pushing broader changes.
Ray HubbaI Remmelt Nijhuis of James town has been appointed senior account supervisor for National Starch and Chemical Corp southeast division. He will coordinate sales at key accounts and assist training and development. he has worked as a salesman for National since 1955 serving North Carolina South Carolina and Virginia. R L Morris named at 58rd annual convention of the run Bakers Assn in Hollywood by the Sea Florida. Morris is a High Point native now in Revels Fla with wife. Several High Pointers attend in Charlotte this weekend.
Portland Ore AP reports love candidates finished second in a six candidate field in Portland State College student elections. Smith reacted to the result with a line about it being better to have loved and lost than never to have loved at all.
Liberia, established as a republic by freed African American slaves, traces its origins to settlers seeking a homeland across the Atlantic. The movement linked U S abolitionist projects with colonial-era ventures and laid the groundwork for a new nation in West Africa.
Oregon provides 29 percent of the hard board particle board and chip board used in the United States according to the Encyclopaedia Britannica.
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