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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 02, 1966
Page
6
National Association of Securities Dealers closes with local quotes and bid figures from Thursday. Market participants review the NASD compiled list of securities and bid values as the trading day ends.
The IBM 360 Model 75 will go into operation this week at the Triangle University Computation Center linking UNC Chapel Hill NC State Duke. The system promises speed beyond all campus machines and supports a $1 million annual output and plans include $500000 NSF grants per university.
AP reports Ford cuts price boosts to 66 dollars and Chrysler to 92, while General Motors rises 54. The changes ease auto buyers’ costs amid inflation fears. Also notes Crown Zellerbach raising newsprint to 138 a ton and economic recession forecasts for 1970.
The column marks October 2, 1968 as the ninth day of the year with 90 days remaining. It notes the 1798 Cherokee treaty allowing free passage for travelers toward Kentucky and references 1804 mobilization in England against Moscow.
Sales Manager Geo T Wood & Sons Inc appoints Joseph D Wood to lead the carpet Division. Wood, a Morgantown West Virginia native, previously worked with James Lees & Sons Carpet Manufacturers 1946 1959 in multiple states and has co owned The Southern Buying Syndicate serving 150 mid Atlantic retail stores. Fred A Dow SBA regional director to visit High Point for small business counseling.
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