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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 25, 1966
Page
6
The Associated Press reports on over the counter stock quotes with brief price movements and notable fluctuations. Market activity focuses on smaller firms and recent trades across several brokers and exchanges.
The Johnson administration curbs inflation with caps on deposit rates, a federal hiring freeze, and possible tax hikes. GM Ford and Chrysler raise 1967 model prices citing safety and material costs, costing consumers about 1 billion dollars. The CPI index rose with August gains led by food, while a new Treasury savings certificate offers higher interest for longer hold periods.
Fortune surveys show new housing starts slipping from 1.5 million annual pace in 1965 to 1.044 million by July as mortgage rates rise and lenders tighten. Builders foresee tighter money and two thirds reduced plans. apartment builders cut back too, signaling a broader housing slowdown in 1966.
Free copy of a practical booklet explains life insurance needs for personal and family planning. Call or write today for a complimentary copy with no obligation from Robert McCuiston at High Point Bank Building.
The piece highlights life insurance as a tool to instantly create an estate with a stroke of a pen while also building retirement savings for the future. It emphasizes the dual role of life insurance in wealth transfer and long term security.
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