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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 07, 1961
Page
2
A brief note summarizes daily stock market activity with movements in major indices and key sectors. Investors monitor gains and losses across blue chips, tech stocks, and energy shares amid mixed economic signals and corporate earnings updates.
The following bid and asked prices are unofficial guides to approximate ranges where securities could have been bought or sold as of November 17, 1961. Quotation origins available upon request.
The ceremony honored a retired ship still commissioned with its crew aboard. A Navy chaplain led prayers as flowers and wreaths touched the water near the Arizona. Sides urged readiness and constant training, noting shifting ship concentrations and the need to maintain vigilance.
President Kennedy outlines a program to expand job opportunities for youths and retrain workers displaced by competition. He seeks minority job efforts, tax incentives for industry, standby public works, and temporary tariff relief while rejecting permanent government paternalism. November unemployment fell to 6.1 percent as employment hit 67.349 million.
Cotton futures opened in New York today 35 cents to $1.25 a bale lower than the previous close, signaling early price weakness in the market.
Charles Branum, a Cape Girardeau Missouri Utilities Co. superintendent and war veteran, recounts his WWII experiences from Pearl Harbor to Hiroshima. Wounded six times in the Philippines, he earned the Silver Star at Bataan and endured the Bataan Death March and years as a prisoner near Hiroshima while surviving the first atomic blast. He left the Army after 18 months in a medical facility and now leads a peaceful life.
Education costs across North Carolina colleges are outlined with in state tuition at 150 to 175 dollars and out of state at 405 to 600 dollars annually. Total yearly costs range from about 599 to 981 dollars including food but excluding books and incidentals, with private colleges generally higher.
New Delhi AP reports Maharajah Yeshwantrao Holkar of Indore died Tuesday from cancer. He ruled Indore from 1926 to 1948 and saw Indian princes pensioned after independence.
The 18th Infantry’s First Battle Group is relieved by the 19th Infantry’s First Battle Group led by Col. Ira Palm is moving to Berlin via the autobahn with about 200 men per company. The two units exchange positions as Soviet patrols intensify and American officers defend the route's westward use through East Germany.
Clover South Carolina mayor Leroy Pendleton said a new industry plans to move three departments to the Clover area, potentially employing 150 to 200 people. He would not identify the firm, citing dependence on nearby Mecklenburg County industry movements, and noted a 80 000 square foot facility with landscaping already begun near Clover. If plans proceed, workers would come from both Mecklenburg and Clover residents. A separate report from Charlotte mentions talks to open a large textile mill making cashmere sweaters, potentially employing hundreds.
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