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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 02, 1962
Page
5
The stock market was steady at midday with mixed, mostly small moves after a strong prior week. The AP index rose 0.10 to 209.60 as industrials gained, rail stocks slipped, and utilities edged up while General Dynamics fell and American Telephone advanced.
President Kennedy and Mrs. Kennedy drew massive crowds in Mexico City during their weekend visit. The warm reception boosted support for the Alliance for Progress, portraying peaceful economic reform as key to hemispheric gains and echoing past successes in Venezuela and Colombia.
The Senate opens debate on a bipartisan proposal to finance health care for the aged under the Social Security System. Assistant Democratic Leader Hubert H. Humphrey of Minnesota says a clear Senate vote by week’s end is likely despite the Fourth of July recess.
Soblen, the Lithuanian born former Soviet spy, was rushed to Hillingdon Hospital under guard after Britain refused him asylum. A Home Office spokesman stated he must leave the country as soon as fit to travel, following his deportation from Israel where authorities expelled him on false documents.
Oxford NC faced a broken dam that drained its municipal supply leaving no immediate emergency. Mayor C T Jordan Jr said the town has an alternate Tar River intake and is still in business with adequate water. Plans to repair Lake Devin dam are underway.
Police report an unknown assailant boarded a bus in Mexico City, shot Andres Hulco chea Delgado in the aisle, then leapt from the moving vehicle and vanished. The brief note also mentions language groups in the Netherlands and New Guinea with populations cited.
Ringleader Robert Payne and fellow inmate James Reed climbed down at Western State Penitentiary after a protest atop a water tower. Charles Miller remains on the tower. Payne faces parole violation and armed robbery terms. Reed is a robber. Guards moved them to the hospital for exposure and dehydration treatment.
U S immigration officials say they have found a 10 year old Israeli boy believed kidnapped by Orthodox zealots and hidden for three years. The child described as missing Yossele Schuhmacher is in the custody of an immigration matron in a New York hotel awaiting his mother for identification. No arrests reported. the case stems from a 1957 Jerusalem relocation by his grandparents due to housing.
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