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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 14, 1961
Page
2
The AP average of 60 stocks at noon rose 0.70 to 232.60 with industrials up 1.60, rails up 0.20 and utilities down 0.10. Dow Jones industrial average gained 4.23 to 641.27. Bonds advanced as several sectors led gains in a mixed but generally rising market.
Rayburn said Congress cannot move faster and Republicans have just assigned committees. Goldberg reported business interest in Kennedy’s economic recovery formula and job creation emphasized by White House. Kennedy told the Industrial Conference Board that tax incentives will boost investment but recovery must come first to put millions back to work.
The article notes the Soviet lead in space race milestones and planned American manned flights including a potential chimpanzee orbit and future lunar ambitions. It also features financial guidance on stock choices, E and H bonds, and retirement plans for Federal employees, with investor Q&As and columnist advice.
The Venus bound automatic interplanetary station travels 2.5 miles per second and sends data to Earth as Tass reports. It orbits between Cetus Pisces and Pegasus Cetus at 303 600 miles from Earth with all systems functioning.
Government prosecutors near finishing their case against Melvin Davis Rees Jr. the dance-band musician accused of kidnapping two members of the Jackson family and tied to their murders in Virginia Maryland and Fredericksburg sites. Defense may seek a directed verdict but expects limited chance of success.
The Dow Jones averages show a morning level of 107.08 with a noon reading of 107.20. Utilities index and block volumes are listed, with 65 blocks and volumes ranging from 780,000 to 3,560,000 across the observed intervals.
The Torrington Board of Education unanimously rejected a demand by the NAACP to discard a high school anthology containing three stories with the word nigger. The board supported a compromise by Superintendent John D. Hogan to replace the remaining 160 volumes with a revised edition at 30 to 50 copies per year, omitting the contested stories.
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