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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 06, 1965
Page
4
AP reports a sharp stock market downturn after Federal Reserve Chairman William McChesney Martin warned of caution. He compared current conditions to 1920s boom and noted risks amid mixed signals on growth and corporate profits. Financial figures show investor unease as analysts weigh potential policy impact.
Three real estate leaders in High Point will be instructors for the annal Realtors Institute beginning in Chapel Hill June 135. The list of 44 instructors includes Ed Menderhall Alton Stanford and Harold Johnson. Attendance of up to 400 is expected for the week long institute on the UNC campus. A two day graduate seminar on shopping center developments and leasing is included along with a two day orientation for new entrants to real estate. Sales clinic previews show 70 home furnishings floor salesmen attending a clinic next week at the Southern Furniture Exposition Building hosted by American Furniture Co and Drew Furniture Co of North Wilkesboro.
National Association of Security Dealers inter-dealer prices show daily markets and markups not included. Listed entities include Alley Pepsi, American Fidelity, Brown & Sharps, Colonial Life, Columbus Plastics, Fidelity Bankers Life, Franklin Life, First Union Bank, Florida Steel, Stanley Photo, General Shale, and more as quoted securities and credits.
Mrs. Vera Lee, now associated with Harris Realty Co., becomes a saleswoman. A High Point native who attended local schools and belongs to Main Street Methodist Church, she resides at 625 Dogwood Cir. in High Point. The report notes the market downturn from the Kennedy assassination era and a general drop in the stock index with industrials leading declines.
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