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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 24, 1963
Page
2
The AP average for 60 stocks at noon rose 6 to 270.9 with industrials up, rails up, and utilities higher. Chrysler rose after mid April sales surged, Ford fell on weaker profits, and American Agricultural Chemicals gained on Continental Oil acquisition news.
The Dow Jones average rose 2.84 to 717.82 at noon with the index near its historic 1961 closing peak of 734.91 reached December 13. The S&P 500 advanced 0.23 to 69.76, near its 1961 closing high of 72.64 on December 12. American Stock Exchange prices were generally higher while bonds were unchanged in quiet trading.
The North Carolina primary yields re election nominees Roy C. Millikan William Folk Jr Waldo Falkener and Roger Matthews and lists newcomers for May 7 Robert H. Bell Forrest Campbell A J Hewett John P Withers Jacqueline Haislip Walter Adams A J Taylor and H S Wimbush Jr In Winston Salem Aldermen Carroll Poplin Carl H Russell win the Democratic nods with others including W N Schultz George W Chandler and Douglas Elam Arthur Jones wins the lone Republican primary for city council A total 6264 votes set a recent low West Jefferson approves 180000 bond for sewage Wilmington voters name John C Symmes and James H Batugius two city council nominees leaving two former mayors J E L Wade and W Roland Lane unseated.
Counties Mecklen burg Gaston Guilford Forsyth and Wake would receive about 13.5 million while Bar bee plan boosts to 19.5 million opponents say the rich get richer and the poor poorer. The bill moves to the House Finance Committee. Senate panel kills Republican repeal of loyalty oath for party switchers joining a new party.
A Greensboro road venue hosts a cartoon carnival with showings at 7 10 and 9 50. The event features screenings and entertainment for families and film fans.
Moore told a reporter his husband mailed an insurance policy and personal effects. He planned an interstate walk under 14th Amendment protection to advocate peaceful rights in the South. Police urged cooperation as investigators described Moore as a former mail carrier with ties to Baltimore and Binghamton.
A 33 member study committee urged President Kennedy to back a broad local state and federal youth employment drive. The plan includes a Youth Employment Act with 100 million dollars to create work for 65 000 youths the first year and 130 000 the second year. Unemployed youths total 600 000 to 800 000 and may double by 1970 if unchecked.
The Senate Preparedness Subcommittee led by Sen. John Stennis works on a final report on Soviet missiles and troops in Cuba. It faces disputes over wording to avoid leaking intelligence secrets while noting underestimations by CIA and State and Defense. The hearings were held in closed sessions as evidence from reconnaissance flights supported the Cuban buildup.
Backlog and strong demand keep producers confident through summer. Delivery promises extend to May on some items while overall costs for supplies and labor have risen. Manufacturers expect price increases likely in summer and early fall to cover higher costs.
Laos has provided food and subsistence items for more than 150,000 refugees at Premier Prince Souvanna Phouma's request. Some supplies were airdropped to refugees behind Pathet Lao lines. The U S military assistance group was withdrawn from Laos by Oct 7.
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