Stock market drifts with mixed gains as taxes eyed
In a volatile session the New York stock market showed an irregular start with renewed demand for certain issues and profit taking. The Associated Press average rose 1.59 to 671.47 at noon while AT&T Ford and Chrysler edged up then dipped on dividend news. Substantial subsidies of 18.4 million dollars will be distributed to Hungary’s churches and Jewish congregations in 1963.
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Associated Press
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Chrysler
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U.S
IBM
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Budapest
Insurance Hearings Continue in Raleigh Over Fraudulent Points
Insurance Commissioner Edwin Lanier probes irregularities in auto liability insurance sales in Raleigh. Two agents testifying dispute S. Dean Smith of Eastern Underwriters, who claims the practice began with agents. Hearings consider suspending or revoking Stafford's license and civil penalties under the safe driving program.
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Edwin Lanier
Greensboro
S. Dean Smith
Eastern Underwriters, Inc
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Eastern
O. F. Stafford Jr
Eastern Underwriters
Stafford
T. C. Blevins
Asheville
T. C. Dobbins
Hickory
Smith
Blevins
Soviet Aid Drive Targets Religious Sect in Chernogorsk
Novosti reports four hour detention of Siberian sect members with children in a compound. Leaders G Yashchenko and A Miller sentenced by a people's court. Eleven others reportedly left the group. 17 retracted after public pressure. Children moved to boarding schools.
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Chernogorsk
Novosti
G. Yashchenko
A. Miller
Moscow
Trunkline Air Service Becomes Test Case At Hearing
Four Southeastern cities urge continued United Airlines service on the New Orleans Atlanta New York trunkline amid a Civil Aeronautics Board hearing. Officials from Birmingham Chattanooga Asheville Atlanta oppose removing United. Eastern argues routes are thin for three carriers. The session reviews Newark Northeast trunks and Capital Airlines merger applications affecting Atlanta and the Northeast.
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Maurice Lethbridge
Eastern
Northeast
Memphis
Capital Airlines
Capital
Kennedy Family Photo Hints at Future President?
President Kennedy considers a possible presidential heir in his family after a photo shows seven year old David Kennedy seated by a pool on the White House south grounds. The image, titled by the President as “A future president inspects his property,” was taken last year by the First Lady.
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Kennedy
Robert F. Kennedy
David
White House
Robert Kennedy
Global electricity share: United States leads at 39 percent
United States accounts for about 39 percent of world electricity production while Russia ranks second with 12.1 percent. The figures highlight the dominant role of the United States in global power generation.
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The
United States
Russia
Dow Jones Averages Report From Bach Co
The daily Dow Jones averages show the Industrials at 670.97 at 11 am, 671.47 at noon and 669.88 at close. Rails stand at 149.67 noon 149.80 end, Utilities 132.98 133.16 and 132.76, while Stocks are 237.56 237.78 and 237.54 with volumes of 1,410,000 2,350,000 and 5,410,000 respectively.
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Evening School course listings at High Point College
The Evening School at High Point College offers courses across disciplines. Notable classes include Geography 304 Geography of North America, History 102 Western Civilizations, English 102a Freshman Composition, and Psychology 202 General Psychology. Instructors include Mr Holt Dr Gratiot Mr Cole Miss Eubanks Mr Nicholson and others.
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North America
Mr. Holt
Gratiot
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