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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 11, 1968
Page
6
The Electronic Stock Evaluator Corporation of Rockville Centre New York selects five securities for strong fundamental value and above-average interest. The list includes Broadway Hale Stores DupLan Becton Dickinson and Co with earnings data and future estimates for 1968. Dividends and stock actions noted.
W Donald Schoeller of Management Process Co Norwalk will lead a time management seminar on Feb 22 at the Top of the Mart venue. AMS sponsors the event with a 1:00 to 1:30 registration, 7:30 p.m. dinner, and a $15 fee.
Inter-dealer quotations show NASD derived prices around 3 p.m. Thursday across multiple issuers and sectors. The list includes Aerotron, Pepsi, American Laine, Coca Cola, Carolina Freight Carriers, Carolina Natural Gas, Campbell Stores, Fidelity Bankers Life, First Union, Kaiser Steel, Piedmont Aviation, Public Service of North Carolina, Sterling Funds, Western Carolina Tel, and others with bid and asked figures reflecting inter-dealer markets throughout the day.
BASF aims to spend 25 to 30 million dollars in Charlotte through 1975. Dr. Hans Lautenschlager says a 2.5 million dollar facility expansion was completed last June. About 1 million dollars will be invested in Charlotte this year for more equipment and plant expansion.
First Union National Bank of North Carolina moved from 77th to 73rd largest bank in the United States, with 101 offices in 48 North Carolina cities. The rise, credited to executive officer Elmore R. Alexander Jr. of High Point, marks the greatest NC increase among top 100 banks nationwide.
The Asheboro based B. B. Walker Shoe Co shows net sales of 19,283,110 for the year ending Dec 2 1967 up from 15,558,240 in 1966. Net earnings after taxes and profit sharing reach 655,336 vs 596,155 prior year with earnings per share 1.16 versus 1.05. Total assets 9,693,678 and working capital 5,021,286. Harrelson Rubber Co division sales rise to 3,339,215 from 1,772,993. rubber output 14,000,000 vs 7,000,000.
The High Point group hosts an underwriters meeting on Thursday at the Sheraton Hotel. Wilbur L. Carter Jr. presides as head of the local bank and Jefferson Standard Life Insurance Co.
Colonial Stores Inc. announces a regular quarterly cash dividend of 0.35 per share on common stock and 0.50 per share on outstanding preferred stock. Dividends payable March 1, 1968, to stockholders of record February 16, 1968.
A unique institute on The Personal Work Problems of the Chief Executive will be held on February 14 at the University of North Carolina at Greensboro. Dr. Joseph E. Bryson described it as a service moving the university into the marketplace of human existence with executives from across North Carolina to attend.
Dr. Raymond A. Stone announced a proposal to create a centrally located technical institute serving Vance Franklin Person and Granville counties. He spoke in Henderson where he began his education about a 50 percent high school dropout rate and low rates of students continuing education beyond high school.
B. W. Marlowe of Seprees Ts oe ress Tampa Florida and the National Freight Carriers Assn meet at 7 30 pm Tuesday February 13 at the Green motor inn Greensboro.
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