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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Feb 01, 1961

Page

5

Minuteman rocket news boosts air share rally on erratic market

New York trading showed active but uneven movement as air craft missile news spurred a late morning buying surge. The AP average slipped .20 to 234.50 with industrials down and Dow off .45 at 647.75 as bonds held steady and several sectors fluctuated.

New York Associated Press Dow Jones U. S Bache & Co

Dow Jones Averages Mixed At Noon In Stocks Report

The Dow Jones averages show mixed values at noon with the Industrials around 647.46, 647.75 and 446.20 for Rails, Utilities near 106.66 to 106.88, and volume totaling about 830,000 to 4,690,000 shares, reflecting trading activity by Bache & Co.

Bache & Co

Minuteman Rockets to Lead US Strategic Air Command Deterrent

The Air Force plans three Minuteman squadrons at Malmstrom AFB near Great Falls Montana with 55 missiles per squadron stored in 200 foot silos. The solid fuel ICBM enables remote operation and rapid launch from a network of underground posts and control centers. First train set to roll in 1963 across over 100000 miles of US rail. Each squadron costs about 110 million dollars versus Titan's 130 million for a 9-missile unit.

Malmstrom Air Force Base Great Falls Mont Air Force U. S Polaris Atlas Titan Minuteman

Piedmont Asks To Provide Copter Service Between DC Airports

Piedmont Airlines of Winston Salem seeks CAB approval to operate helicopter or fixed wing service among Dulles International, Washington National, Baltimore Friendship, and downtown Washington and Baltimore. Hearing date not set. Piedmont serves Greensboro High Point Airport and nearby NC points.

Piedmont Piedmont Airlines Wins‘on- Salem Washington, D. C Baltimore Civil Aeronautics Board New Dulles International Airport Washington National Airport Baltimore Friendship Airport Washington CAB Greensboro High Point North Carolina

Santa Maria Harbor Standoff Between Galvao and Brazil

Rebels led by Galvao moved the 20,906-ton liner Santa Maria toward Recife as Brazil’s new president Quadros faced pressure to guarantee safe passage. U S Navy ships hovered for a potential passenger unloading while Adm Smith sought a quiet accord, saying terms must allow the ship to sail again for the fight against Salazar.

Ers Galvao Recife Brazil Janio Quadros Portugal Antonio Salazar Santa Maria Brasilia Caribbean U.S. Navy Ponta de Pedra Quadros Antonio de Oliveira Salazar U.S Allen E. Smith Jr Galvay Smith Galvac

Ben Gurion's Future In Balance As Resignation Looms

In Jerusalem AP report veteran leader David Ben Gurion announces resignation as prime minister after failing to secure Cabinet unity on the Lavon affair. President Izhak Ben Zvi contemplates next steps as Ben Gurion plans a brief leave and caretaker cabinet remains. Lavon denies blame amid seven Cabinet inquiries and Histadrut leader Lavon faces renewed scrutiny.

Jerusalem Stubbon David Ben- Gurion Lavon Izhak Ben-Zvi Ben-Gurion Pinchas Lavon Egypt Ben-Gruion Toesign

Thompsons Leave Their N O Home After Boycott Break

The John N. Thompson family fled their New Orleans home during the night with little belongings amid white boycott protests. Sons Gregory and Michael, aged 9 and 8, entered McDonogh 19 under guarded silence with U S deputy marshals present as white parents protested.

New Orleans John N. Thompson Thompson Wdsu-Tv Gregory Michael McDonogh 19 U.S McDonagh

Tobacco Farmer Nets Five Cent Check On Tiny Basket

In Lexington Kentucky a farmer named H L Walker sold a 68 pound basket of Burley tobacco at two cents a pound earning 1.36. After hauling and storage costs of 1.31 he kept five cents as his payment. The source notes the broader market average above 64 cents a pound for Burley in eight states.

Lexington Burley Tobacco H. L. Walker

New Congo Debate Expected To End In Deadlock

U N diplomats foresee a renewed Congo debate ending in stalemate unless the United States adopts a new middle ground policy. Adlai Stevenson signals no policy shift as Hammarskjold faces calls to restore Lumumba and recalls on Congo officials loom amid troop withdrawals. The U S plans about 20 million dollars in the next ten days to cover remaining 1960 Congo force costs.

Congo United Nations N.Y .A U.N Security Council United States Adlai Stevenson U.S Kennedy Dag Hammarskjold Hammarskjold Communist Bloc Patrice Lumumba Joseph Kasavubu Lumumba Council Soviet Union Czechoslovakia Belgium Kasavubu United Arab Republic Ceylon Ghana Foreign Legion U.N. Congo

Riots Break Up Nairobi Political Meeting

Riot squads disrupted a 4000 attendee political meeting in Nairobi, Kenya. Supporters of nationalist leader Tom Mboya heckled speakers Oginga Odinga and Dr. Munyua Waiyaki who battles Mboya for a legislative council seat.

Nairobi Kenya Tom Mboya Oginga Odinga Munyua Waiyaki Legislative Council Mboya

Also Mentioned on This Page

American Can Co Allied Chemical & Dye Adams-Millis Corp American Tobacco Co the Borden Co Bethlehem Steel Burlington Mills Chrysler Corp New York Central RR Cone Mills Corp Douglas Aircraft DuPont de Nemours Dow Chemical Eastern Airlines Consolidated Edison Eastman Kodak Greyhound Corp General Dynamics General Electric Gulf Oil General Motors Goodyear Tire & Rubber International Harvester International Tel. & Tel Standard Oil Co Jones Laughlin Steel Johns Manville Phillips Petroleum Strategic Air Command Jly . Aes High Point Ymca Health& Safety Lic Schools High Point N. C. Eye Bank For Restoring Light, Inc Tuberculosis Association American Red Cross N. C. Society For Crippled Children and Adults, Inc Safety Engineers Booth Dairy Council Greensboro Day Center Police Water and Sewer Department Fire Guilford County Health Department Civil Defense Y.M.C.A American Cancer Society High Point Dental Society North Carolina Medical Society Committee For the Handicapped N. C. State Highway Patrol High Point Family Service Bureau Textile Insurance Company Hospital Care Association Mental Health Clinic the Kiwanis Exchange Club H. P. Rescue Squad H. P. Heart Council N. C General Insurance Insurance Bloom's KOK Thompsons N. O Guinea Mali Libya Morocco The Yugoslavia Nash Jewelry N. Main ST Public Finance West Washington St
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