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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 15, 1962
Page
2
The High Point District of the Boy Scouts of America will hold its August meeting next at 6:30 p.m. at the YWCA under the direction of John Womack. Attendees include institutional reps, district committee members, and members at large. The agenda includes planning the October Annual District Meeting and the Fall Roundup.
A two day paid drill period for the 8486th Air Force Reserve Recovery Group personnel has been cancelled. Affected units include the 9304th at Durham the 9305th at Winston Salem the 9306th at Greensboro and the 9307th at Wilmington. Funds may be available to make up the training in November.
A claim estimates that if all US wood used in a year were stacked on a city block’s area the pile would extend into outer space by about 463 miles, illustrating vast timber consumption.
A Treasury Department notice dated August 13 1962 sets April 90 1986 as the redemption date for bonds. It states redemption in cash at par and specifies procedures for surrender and payment by holders.
Stock market gains buoyed by lower night items including housing starts up and nearly 2 billion dollars in federal funds for road building. Auto shares inch higher as Chrysler previews 1963 models. IBM, Xerox, AT&T, RCA lead in higher priced issues amid a broad advance. bond prices rise on active trading.
Former U2 pilot Francis Gary Powers sues Barbara Powers for divorce on grounds of cruelty and intoxication filing in Superior Court at Milledgeville. He cites separation since May 27 and alleged habitual intoxication. The couple, married in 1955, have no children.
Police recount a staged heist on Route 3 where gunmen used detour signs to halt traffic and moved money bags via four cars. Two suspects Schena and Barrett were identified after guards were tied and moved to the rear of the truck. The crew claimed more than a million dollars, with bags dropped at multiple stops before fleeing.
Lt Col John H Glenn Jr and Lt Cmdr Malcolm Scott Carpenter each completed three orbits this year. Yuri Gagarin made one 108 minute orbit on April 12 1961. Nikolayev and Popovich, ages 32 and 31, receive a hero’s welcome as the Hell Twins. Red Square readies a mammoth reception possibly on Sunday Soviet air force day.
The House Committee on Un American Activities weighs a possible new probe into the Black Muslim sect. Rep L Mendel Rivers urges an investigation, calling Muslims a militant group bent on white destruction, while Chairman Francis E Walter resists directing a committee to probe. Walter's stance weakens Rivers' push.
The Missile Sites Labor Commission urged an immediate end to the Huntsville Alabama walkout that halted 1500 building trades at Redstone Arsenal. It cited Soviet space gains and urged IBEW AFL CIO and Building Trades leaders to stop picketing on the space and missile bases and respect no strike policy. Picket lines began Tuesday.
A Senate subcommittee investigates alleged record destruction and inflated profits at the M. A. Hanna Co. mining complex led by former Treasury Secretary George M. Humphrey. Auditor Walter H. Henson testified profits from nickel stockpile contracts may top 39 million on a 4.5 million investment.
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