Sears Store to Hire 400 for High Point Opening
The new Sears Roebuck and Co store at Wrenn and High Streets set to open February 15 will employ about 400 people, 275 more than the old N. Main Street shop. Most hires are local with extensive in-house training and promotions from within. After one year, workers become eligible for the company profit sharing pension fund. Ceremonies begin at 8 45 a.m. with the Central High School Band.
MENTIONED IN THIS ARTICLE
High Point
Sears, Roebuck and Co
Wrenn and
High Streets
N. Main Street
R. I. Edmundson
Edmundson
Edmundsn
Sears
T. W. Dana II
Central High School
Kivett Street
Leon A. Schute
N. C. Monroe Construction Co
Greensboro
Packaging Law Faces Long Delay
New York report states enforcement of the truth in packaging law faces delays beyond the July 1 1967 date. FTC must create new regulatory procedures while FDA reviews decades of rules to avoid conflicts. Industry lawyers raise questions over which items are covered and how to define consumption. Enforcement likely not ready until 1968, with implications for the 1968 campaign.
MENTIONED IN THIS ARTICLE
New York
Congress
Federal Trade Commission
Food and Drug Administration
Deputies Raid Mick Ley Finn Club in Columbia
Sheriff deputies raided a Columbia night spot early Saberteg breaking down the door with an ax at the Mick ley Finn Club on Two Notch Road. Nine bottles of liquor were seized and the bartender detained. James Rodrick Branham of Columbia faced liquor law charges and was released later under $1,000 bond.
MENTIONED IN THIS ARTICLE
Columbia
Richland County
Two Notch Road
James Rodrick Branham
Security Quotations from NASD at 3 P.M
Quoted prices from the NASD reflect representative inter-dealer levels around 3:00 p.m. Thursday and are not adjusted for retail markups or commissions as markets shift through the day.
MENTIONED IN THIS ARTICLE
Associated Press
Exiles Plan Miami Summit to Choose Inter-American Delegates
A Cuban exile summit conference is being called to select representatives for the forthcoming inter-American summit and other international affairs. An exile committee of five drafted the convocation document Friday with Dr. Enrique Huertas set to open the assembly. Exile leaders from Miami and other cities will be invited to meet in Miami.
MENTIONED IN THIS ARTICLE
Miami
Fla
Enrique Huertas
Market Shifts Amid Defense Drive and Tax Changes
Investor sentiment turned sharply as defense production rises and a low 6 percent tax-on-tax is cited. Analysts note a 1966 market oversold, with hope for rate cuts and cautious optimism about Vietnam and Red China diplomacy influencing near-term economics. Jersey Standard Oil posts 1966 net profit of 1.09 billion while wages total about 1.1 billion for 735,500 stockholders and 150,000 employees. Continental Telephone expands to 21 U.S. and Canadian holdings forming a large independent network. Railroads foresee earnings near 1966 targets but face higher costs and possible tax hikes. Triumph Motors boss Chris Andrews warns savers prices may rise in value later.
MENTIONED IN THIS ARTICLE
M. L. Haider
United States
Fancy Fiscal Footwork Faces Tax Surcharge Debate
Congress weighs Johnsons plan for a broad tax surcharge on corporate and individual income. Senators Javits Ackley and Martin offer mixed views on recession risk and policy prudence as major firms report 1966 profits. General Motors U S Steel Ford and American Motors show varied results amid tax debate.
MENTIONED IN THIS ARTICLE
New York
Senate
House Economic Committee
Johnson
Jacob K. Javits
R-N.y
Gardner Ackley
Council of Economic
William McChesney Martin
Federal Reserve Board
Martin
Congress
Also Mentioned on This Page
T. W. Dana
American Efird
American Fidelity
American Land
Atlanta Gas
Olorcraft Corp
Interstate Life & Accid
Inv. Syn. of Canada
Td. Life
Kaiser Steel
Lance, Inc
WM Life & Casualty Ins
Life of Carolina Life of Virginia
Li'l General Stores
Lowes Companies
Luck’s, Inc
McLean Inds
Moore Handley Haw
National Old Line
National Nationwide Homes
New Britain Machine
N. C. National Bk
Natural
Occidental Life
Pat Fashions
Peoples
Nat
Phillips Fescue P&n Piedmont Viation
Pierce & WM
Public Service of N.C
Rockwell Mfg
Lou Schneider
North American Newspaper Alliance
Vietnam
Red
China
Jersey Standard Oil
Ae Enterprises
Ecuador
Venezuela
Caracas
Maracaibo
Continental Telephone Corp
CTC
Canada
Bahamas
Barbados
Burton N. Behling
Bureau of Railway Economics
Chris Andrews
Triumph Motors
Lane
Lewis Supply Company
North Main Street
E. C. Lane
Our
John Diffendal
The
Travelers
Hartford
Conn
Spiedmont Insurance & Realty Company
North Wrenn St
J. Sturgis May & CO. Corpora
Stocks & Bonds
North Carolina Bank Bus Telephone
Robert A. McCliston
Accident & Health Group Pension Plans
First Mortgage Loans
High Point Bank
TMA
General Insurance
High Point, N. C
John W. Herndon
John C. Hawkins
Jack Lefler
AP Business News
General Motors
U. S. Steel
Ford Motor Co
American Motors
C. Joe Honeycutt and Associates
Gatewood Ave
Occidental Life Insurance OF North Carolina Home Office
Raleigh
Fluor Corp. Ltd
Hornblower & Weeks, Hemphill Noyes
New York Stock Exchange
W. Gaston St
Geo. G. Jones
Charles E. Diffendal
Crown Prin
Professional Life Insurance Service
Geo. P. Clark
Lyon
Mutual Life Insurance In
America
New England
DU Pont
DU Pd
DuPont
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