Stock Market Ends 1962 On Quiet Note In New York
AP reports a irregular early afternoon as investors drift toward the close letting 1962 pass without further fireworks. Market mood remained cautious amid thin trading and lingering uncertainty.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 28, 1962
Page
2
AP reports a irregular early afternoon as investors drift toward the close letting 1962 pass without further fireworks. Market mood remained cautious amid thin trading and lingering uncertainty.
Trading closed with a mixed tone as investors paused for Christmas and New Year’s. Dow Jones averaged 650.05 down 51 points with several major industrials barely higher or lower. IBM and Ford showed small gains while GM and Celanese eased. Utilities rose modestly as bond markets steadied and oil majors mixed results appeared in the price list.
Artime and Oliva recount to the press how 1113 prisoners freed from Castro prisons thanked President Kennedy for democracy and freedom. They described Kennedy’s role and his meeting at the villa with Jacqueline and children as the brigade presents a treasured flag once carried through battle and to asylum.
Thirty nine employees of a Dallas book bindery were overcome by fumes and rushed to hospital by ambulance. Hospital attendants said only two were seriously affected, the rest treated and released. T. B. White blamed gas seepage at the Texas Book Bindery.
Exiles marching with arms in hand press for liberation of Cuba from Soviet influence. Hundreds of evacuees from the African Pilot arrived at Cuban Refugee Center in Miami for processing and meals. The Cuban Families Committee, aided by James Donovan and the U.S. government, plans to bring more relatives. Kennedy hopes to visit a free Cuba as Artime and aides meet him.
Both Memphis papers the Press Scimitar and the Commercial Appeal announce a street price rise from 7 to 10 cents starting January 1. Home delivery remains unchanged. The Memphis Publishing Co. cites higher production costs as the reason for the increase.
Scientists say solar wind is the major feature in our solar system region. Mariner data show wind particle counts about a billion times that of cosmic rays with far greater energy, explaining how wind fluctuations trigger magnetic storms and auroral displays on Earth after several hours.
The Kentucky Wildcats posted their widest victory margin in 1914 with an 87-0 win over Wilmington and suffered their worst defeat in 1905 losing 82-0 to St. Louis.
Albert D. Biderman of Washington DC argued Americans underestimate hardship and endure better than expected. He cited subway heat, car traffic risks, and captivity experiences to show resilience and surprise at how prisoners of war cope. Noah Webster earned fame for his dictionary.
A gold saxophone in a brown case is found in Detroit by John Blont. A note inside explains the owner cannot play due to false teeth and invites the finder to keep the instrument. Police are holding the sax until the owner can retrieve it.
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