Government boosts housing market with new mortgage funds
President Johnson released funds to finance purchase of mortgages from savings and loan associations to stimulate housing. The Federal National Mortgage Association will provide the financing for homes not yet under construction as housing starts hit a 20 year low. Congress authorized up to 1 billion in support of housing.
MENTIONED IN THIS ARTICLE
J Business News
NEW York
Johnson
Theederal National Mortgage Association
Congress
Savings and Loan Associations
F. W. Dodge Co
Federal Reserves Board
Chrysler Corp
Lynn Townsend
Virgil E. Boyd
George Love
Markets Face Structural Problems Beyond Prices
The New York market confronts issues over accounting accuracy, rising institutional ownership, and information distribution that affect how investors evaluate stocks. Analysts note varied reporting methods, potential CPA pressure, and the impact of big funds on price swings, with implications for small investors and governance.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Certified Public Accountants
Exchange
Interdealer NASQ Market Prices Report
Interdealer quotations from NASQ show representative prices around 2.0 ppm. Markets fluctuate during the day and quoted figures exclude any retail markup or markdown.
Should Union Be Consulted On Stopping Bonus
In Seattle an unfair labor practice charge was filed by Retail Clerks Union No. 1612 against Washington Hardware and Furniture Co. over stopping Christmas bonuses. The company secretary treasurer argued gifts are discretionary and not a union matter. A trial examiner recommended dismissing the complaint.
MENTIONED IN THIS ARTICLE
Seattle
Wash
Retail Clerks Union
Kennewick
Washington Hardware and Furniture Co
John Gravensland
David Boyle
National Labor Relations Board
Gravensland
The Pinch Bird in the Bush
A short note humorously warns that a bird in the bush is worth more than many in hand if the game warden arrives.
Wake Forest seminar preps managers for 1966 sessions
Businessmen in the High Point area may attend Wake Forest College in Winston-Salem beginning February 22 for an 8th annual management seminar. Two groups meet Wednesdays and Thursdays for ten weeks, with topics from The Frontiers of Management to Developing Organization Teamwork. Tuition is 350 dollars. applications are first come, first served.
MENTIONED IN THIS ARTICLE
High Point
Wake Forest College
Winston-Salem
Ralph C. Heath
Wake Forest
Wake Forest Management Institute
N.C
Education meeting in High Point by AMS chapter
The High Point Chapter of the Administrative Management Society will hold its annual education meeting Wednesday at 6 p.m. in the Sheraton Hotel Ballroom. Dr. Herbert F. Marco of Guilford Technical Institute will address the role of education in administrative management. Heritage Furniture Co. announces three promotions effective tomorrow in its plants. Thomas L. Blackwelder becomes Quality Control Coordinator for all Heritage plants, with Ernst B. Kemm and Charles I. Schram advancing in production and quality roles. Household Finance Corp reports 117,950 dollars donated to 698 liberal arts colleges and universities nationwide based on enrollment. Donald Van Noppen Jr. will develop a modern upholstered furniture line for Founders Furniture Co., with Western Carolina Furniture lines continuing under the Founders division.
MENTIONED IN THIS ARTICLE
High Point
Administrative Management Society
AMS
Sheraton Hotel
Herbert F. Marco
Guilford Technical Institute
Heritage Furniture Co
Ernst B. Kemm
Charles I. Schram
Thomas L. Blackwelder
Mocksville
Heritage
Kemm
Heritage Organization
Heritage Table
Household Finance Corp
United States
Founders Furniture Co
Donald van Noppen Jr
Ed Thrower
Thrower
Charles A. White
Western Carolina Furniture Co
Hickory
Thomasville Furniture Industries
Founders
Western Carolina
van Noppen
Pleasant Garden
Also Mentioned on This Page
By Jack Lefler
High Point Bank
Robert McCuiston
THE
Associated Press
Alley
Huyck C
Inv. Syn. of Canada
Tore Ltd. Life
Jos
Kaiser ‘Steal
Lance, Inc
Liberty Loan Pfd
Life of Carolina Life & Casualty Ins
Luck’s, Inc Lilly & Co
Ell
McLean Inds
National Food
New Britain Machine
North Amery
N.C. National Bk
Occidental
Piedmont Aviation
Piedmont Natural Gas
Pierce & Stevens Chem
Public Service of N
Rockwell Mfg
Rowe Furn
Sonoco P Security Life & Trust
P. 1 Co
Spindale Mills
Springs Mills
State Loan & Fin “A” Sterling Inc. Fund
Travelers Inc
U.S. Real A
Wachovia Bank
Western Power & Gas
mBy Ray Hubbard
North Carolina
Guilford County
Earl B. Crockett
E. Ray Harris
Thomasville
James L. Farlow
Gibsonville
Friden, Inc
Greensboro
Coronado
Calif
Assn
Charlotte
Harry J. McConnell
Charlotte News and Observer
Joy W. Watson
Snelling and Snelling Here
Eckerd
Eckerd Drugs, Inc
First Union
First Union National Bank
Eastern Air Lines, Inc
First Union National
Eastern Air Lines
Management Society
Heritage Promotions
Schram
First Pilgrim Church
Blackwelder
Davie County
Edgar T. Doobrow
Group Insurance
Cea Oe
Bob L. Parrish
C.L.U
Bibel Insurance CO
First Union Nat'l Bank Bldg
Trans World
AIR Line
Hornblower & Weeks, Hemphill Noyes
New York Stock Exchange
W. Gaston St
Geo. G. Jones
Mgr
Charles E. Diffendal
AIT Malachite OC General Insurance
High Point, N. C
John W. Herndon
John C. Hawkins
Ane Owauhe
FE. O. Lane
Lane
Jefferson
Howe Ofam Carenbene
John Diffendal
Auto Homeowners
Travelers
Hartford
Conn
Piedmont Insurance
Joe Honeycutt
S. Main St
Occidental Insurance OF
Home Office
Raleigh
Professional Life Insurance Service
Geo
P. Clark
LLU
Lyon
Mutual Life Insurance
America
New England Life
Hayten Place
R. Glenn Hendrix Sr
Grimes
Hamilton
R. Glenn Hendrix
H. A. Knight
Albertson Auction Company
Basil Albertson Sr
Basil Albertson Jr
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!