Cotton futures rise 15 cents at New York open
New York AP reports cotton futures opened 15 cents per bale higher than the prior close. Investors watched early price action as markets react to mixed supply and demand signals.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 13, 1963
Page
2
New York AP reports cotton futures opened 15 cents per bale higher than the prior close. Investors watched early price action as markets react to mixed supply and demand signals.
RALEIGH AP Rep Steve Dolley of Gaston scrapped his bill to end kickbacks by large bakeries on bread and other bakery products. Dolley chair of the House Judiciary Committee said the measure is good but should have been moved earlier for an educational program. The committee approved a favorable report before Dolley moved to postpone indefinitely. a similar Senate bill was also postponed. Bakers and independent grocers opposed the legislation at a hearing.
A temporary loss of communications aboard the British submarine Artemis sparked a report she was sinking 700 miles off the New England coast. Navy officials later called the alert a false alarm as two amphibious planes and two cutters were dispatched and then recalled.
The slaying sparked nationwide shock as funeral arrangements began for Medgar Evers who left three children. King denounced the murder as a tragedy and outrage and planned to attend the funeral. A $24,350 reward fund was set by NAACP, Jackson, AFL CIO, newspapers, and others. President Kennedy condemned the act.
Frank lin D. Campbell twenty lashes with a belt were given in Muncie City Court for cruelty to animals after he poured gasoline on a puppy and set it ablaze. He also received 60 days in jail with 50 suspended, a 100 dollar fine suspended, six mile daily walks post release, and a requirement to care for the injured pup at the veterinary hospital. The judge told Campbell he should learn by living with the situation.
President Betancourt, a moderate leftist, ordered detentions to curb a terrorist drive amid delays on an anti-terror bill. The measure faces immunity issues for Communist and MIR lawmakers. He announced the plot on air during a tour, shortly before the Ciudad Bolivar palace dedication.
Tension from the Profumo affair unsettles the government. Rumors swirled of four ministers quitting over morality questions, with Keith Joseph Henry Brooke and Edward Boyle uncertain. If ministers stay, Macmillan gains relief in the Commons crisis over his affair with Christine Keeler as Harold Wilson gains no Leverage.
Judiciary Committee approves a Dolley bill to bar employer pressure on workers to vote a certain way. The committee cites a Davie Reid Jr letter noting reports of managers at firms pressuring employees to back the Republican ticket, especially in the Piedmont.
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