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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 24, 1963
Page
2
New York brokers reported a renewed rally in motors and tighter losses by savings and loan holding companies. Trading remained heavy with steels soft and many top gains appearing in stocks outside the popular averages. The AP 60-stock average stood at 254.8, up 0.1, with industrials up 0.6, rails down 0.2, and utilities off 0.9.
Washington AP reports a table showing how individual income tax payments for 1963 and 1964 would compare with those for 1962 under the two step reduction proposed by President Kennedy.
Cotton futures opened higher with gains of 10 to 60 cents per bale over the previous close. The contract quotes show March at around 34.63 to 34.72, May near 34.70, July around 34. ? and December near 32.00 to 32.22 amid early activity in New York.
Officers captured James W. Burge a 39 year old Black farmer after he barricaded himself in a frame house near Maysville North Carolina. He withstood tear gas and a high pressure hose before falling through the ceiling into the kitchen where officers tackled him. Burge held a knife and a tear gas gun wrestled from an officer. He refused to surrender and was visible through an upstairs window during the standoff.
Former President Eisenhower says no strategic or tactical air support plan was drawn before the 1961 Bay of Pigs mission. He notes uncertainty over refugee strength and whether a suitable Cuban leader could be found, and he adds there was no specific plan developed before he left office.
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