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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 26, 1961
Page
2
The stock market extended a late rally in New York with heavy trading. The AP average of 60 stocks at noon rose 1.30 to 243.50 as industrials, rails, and utilities advanced. High priced stocks like IBM led gains while Polaroid Varian Associates and Magnavox jumped several points.
President Kennedy seeks broad backing from leaders of both parties as he weighs next steps toward Cuba. Rockefeller, Eisenhower, Nixon, Truman, and Johnson voiced support or urged firm action while concerns grow over Laos and Vietnam, and the impact of a cease fire on South Vietnam. The market meanwhile edged up with American Tobacco down and Dow at 684.75.
TV parade on page 1A featured witnesses describing life under war conditions in Cuba. An old man and a 14 year old girl recalled bombings in Havana while others claimed CIA involvement and an imminent U S direct intervention within 15 days if the invasion failed.
A House approved bill to revamp North Carolina's court system heads to the Senate where it faces uncertain fate. It would create a uniform system of inferior courts by 1971 and give the State Supreme Court administrative authority over the entire system.
Ralph Cordiner faced angry GE shareholders at the 69th annual meeting in Syracuse as union pickets protested price fixing. Wilma Loss urged restoring GE’s image while James B. Carey and the IUE criticized management amid fines totaling about 22 million dollars across GE and other firms.
The testimony describes Eichmann receiving priority in train dispatch and notes Wisliceny's readiness to join any effort to locate him. Wisliceny sought attachment to an American unit to track Eichmann, while Hausner and Hoess depicted Eichmann as constantly plotting new murder schemes and rarely staying in Berlin.
Challe and three other generals of the rebel junta escaped Algiers Tuesday night after the failed coup. They are to be confined in Sante Prison in Paris as common criminals, while troops and gendarmes seal roads and search planes patrol Algerian skies. Military courts may try soldiers and paratroopers who joined the revolt along with the officers.
Hollywood AP reports Richard Long 33 of 77 Sunset Strip is hospitalized with a heart ailment. He faces a divorce suit from Mara Corday who says there will be no reconciliation. The case was set for a Burbank hearing today.
Market snapshot shows the Dow Jones averages furnished by Bache with 11 am and 12 noon figures. Industrials, rails, utilities and stocks values are listed with corresponding close figures and trading volume.
Cotton prices dipped at the opening in New York as futures showed declines from the prior close. The report lists several continuous contract figures around the 33 to 35 cent range with minor variations across months and maturities.
Western market manufacturers report higher buyer interest in the latest furniture lines with actual orders or strong indications that orders will follow soon.
Tuscarawas County Ohio earns the title for its dense cluster of clay and brick factories solidifying its reputation as a global hub for ceramic production.
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