Market Averages Slip Fifth Week As Dow Edges Up
The Associated Press average of 60 stocks fell for the fourth straight week, closing at 319.0 from 21.1. The Dow Jones industrials rose to 876.89 from 876.11. AP Wirephoto accompanies.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 22, 1966
Page
6
The Associated Press average of 60 stocks fell for the fourth straight week, closing at 319.0 from 21.1. The Dow Jones industrials rose to 876.89 from 876.11. AP Wirephoto accompanies.
National Fascition of Securing presents Opa representative quotes on inter-dealer price levels. Asked prices are adjusted to include markup, omitting retail markdowns or commissions.
Manpower Inc. announces nine months ended March 31 record gross revenues of 43,816,400 up 30.2 percent and net earnings of 1,719,500 or 1.21 per share up 21.3 percent from the previous year. Ovid Trimble notes strong sales and hints at surpassing 100 million annual sales.
The High Point Board of Realtors plans Realtor Week May 22 28 with Garnett Pollock as president and a committee including Dick Wright Henry Shavitz and Richard Killman The National Association of Realtors represents about 83000 members and dates back to 1908 with offices in Chicago and Washington The slogan will be Moving Up Settling Down See a Realtor Special activities to be announced later.
Marshall Stewart Jr announces eight promotions at Anvil Brand including Foner Tse to vice president in charge of procurement. Promotions cover engineering sales and department heads with executives living in Greensboro Chicago Miami Thomasville and Charlotte area. Stewart notes a plan for expansion and growth.
AP reports personal income growth cooled in April with a gain of about 381.1 billion dollars, less than half March’s rise. Most April growth came from wages, while automobile sales slid in early May, adding to concerns of an overheating economy. At a Virginia meeting, a council debated tax policy and earned only enough to avert a taxIncrease.
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