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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 30, 1962
Page
2
The group aims to block any France Algeria independence accord by showing Paris cannot secure it. A major attack in Algiers used a bomb hidden in a typewriter case, killing around 20 in a special forces facility. In New York, cotton futures opened 30 cents a bale lower.
Brazil leads a cautious bloc aiming to exclude Cuba from the inter American system without altering the charter while Guatemala and Colombia demand strict measures. US and Central American nations warn that legal delays could stall the Alliance for Progress and push final declaration beyond Monday.
The following bid and asked prices are from the National Association of Securities Dealers and other sources though unofficial. They serve as a guide to approximate ranges within which these securities would have been sold or bought at the compilation time of November 17, 1961. Origin of any quotation available on request.
In Berlin the British commandant Maj. Gen. Sir Rohan Delacombe proposed to the Soviet commandant Col. Andrei Solovyev a return to prior procedures for commandant travel in the divided city. Civilians riding with the U S commandant could visit the Soviet sector, but the Soviet ban on Solovyev lingered until civilians pass through unmolested. The plan follows a 1983 disruption when East German police began checking identities of civilians with the U S commandant.
A Guilford County school bus bumped the rear of a High Point woman's car on N Main Street. Margaret C. McGuire reported $250 in rear damage. Bus driver Roger Dale 17 listed Rolling Road as his address. No charges were filed.
The data shows the Dow Jones averages with Industrials near 692 to 694, Rails around 146.5, Utilities about 123.6, and Stocks at 237 with volumes listed. Prev, 11 AM, and close figures are provided by Bache & Co. with market activity noted.
Washington report describes House consideration of a federal college aid bill totaling 1.5 billion over five years. It would provide 180 million yearly in grants and 120 million in loans, plus state administration of grants. A 40,000 federal scholarship provision was dropped to smooth passage.
Four people reported dead and about 15,000 homeless as Mindanao flood waters rose. Continuous rains since last Thursday caused the Agusan and Davao Rivers to overflow with hundreds of riverside dwellers reported missing.
Former President Truman weighed whether a divorce by Missouri Governor Rockefeller would affect his reelection and potential presidential bid. He noted it might hurt if in Missouri but not necessarily in a national race, calling the topic gossip and distasteful. He also criticized Eisenhower and commented on private clubs and TVA power concerns.
Detroit AP report notes 81 year old Wayne County Sheriff Andrew Baird plans to run again. He questions youth involvement in politics, stating experienced campaigning is needed. Baird has held the $17 500 a year post for 19 of the last 21 years in a county of about 2.6 million.
Paul Brown of Minnesota Mining and Manufacturing visits Raleigh to address a public relations crisis tied to the Burch Brewer affair. The company acknowledged a 148000 payment routed to Parkway Co and Brewer, who then supported the highway official’s son, amid ongoing tax hearings and a Brewer hospital stay.
NEW ORLEANS AP A cotton merchant urged the United States to pursue unilateral trade pacts with foreign blocs. M. McAshan Jr. of Anderson Clayton & Co. pressed extending the Trade Agreements Act and broader negotiation authority. He cited cotton textile imports as a special problem and proposed an equalization fee on imports. The remarks closed the National Cotton Council’s two day meeting.
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