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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 11, 1962
Page
2
In a second year public address Kennedy outlines a broad domestic agenda. He pledges a mass vaccination program and reforms aimed at rehabilitation over relief. He vows federal support for college scholarships and loans and new college facilities.
The following bid and asked prices are from NASD and other sources. They are unofficial and intended as a guide to approximate ranges within which these securities could have been sold or bought at compilation. Origin of quotations available on request.
The Dow Jones Averages show a slight rise in the industrials sector while other indices slip. Reading data indicate industrials at 706.27, utilities around 64.92, and stocks near 240.19 with notable trading volume, hinting at cautious market sentiment.
Reports describe a seven mile front of a slide in Key West and a parallel disaster in Huascaran, Peru, where an avalanche dammed river. Communications failed after lines were broken. rescue teams rushed to the area as U.S. officials monitored American presence and aid prospects.
Cotton futures opened in New York with a 35 cent decline per bale from yesterday and a 5 cent gain over the previous close, signaling early volatility in the market.
The blast of arctic air sent temperatures below zero from Kentucky to New England and the Rockies. Snow and ice snarled travel in New York and Oklahoma while many towns reported record lows and widespread closures. Snow totals reached 18 inches in Pulaski with fresh falls across the South and Midwest.
Washington nominates Federal Judge L Richardson Preyer of Greensboro for permanent appointment as the second U S district judge. Senators Ervin and Jordan back him, after earlier rejection of Malcolm Seawell, with back pay expected after confirmation.
President Kennedy seeks to push his 1961 promises through a wary Congress amid Cuba Laos and spending concerns. Republicans foresee a cautious session with possible weak GOP gains in the fall elections while Mansfield warns of partial progress and a blurred record.
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