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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 27, 1965
Page
6
The article lists inter-dealer bid prices for various securities and notes that prices shown are from inter-dealer markets as of a recent day. It cautions that current prices exclude any retail markup, markdown, or commission and may not reflect consumer costs.
The readable fragments describe a cryptic note with partial phrases and scattered names. No coherent event or entities emerge to establish a specific news item or outcome.
Two High Point retail firms undergo changes with one rebranding to Ellis Inc and modernization led by Dick Cullers Inc owner along with partners Jack L Wilson and James M Robertson. The other store closes as restructuring continues and industry chatter notes CPA affiliations and advertising leadership among local executives.
Washington AP reports the Johnson administration faces a crucial test of farm labor policy as the bracero program ends and harvest season from August through October looms. Shortages blamed on poor weather and producer tardiness to hire domestic workers may push prices higher if foreign workers are not available. The spring demand for seasonal labor was small compared with the upcoming August to October period.
The Associated Press average of 60 stocks declined for the week, closing at 312.8 down from 321.4, marking the largest weekly drop since Kennedy's assassination on November 22, 1963. Turnover was the year's second smallest, while the commodity index slipped to 172.3 from 172.4, led by livestock.
New York AP reports after President Johnson signed the 4.7 billion excise tax cut shoppers saw price tag changes in major cities with many merchants passing the relief to customers. Macy’s warns some producers may raise base prices while officials tout long term benefits in jobs production and lower costs through 1966 and beyond.
Merchants anticipate a buying spurt as 10 cent levies on luggage, furs, jewelry, cosmetics, televisions and other goods are slated for removal. They note widespread withholding of purchases in anticipation of tax repeal.
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