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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Oct 22, 1962

Page

2

Dow Jones Averages Slip Amid Nervous Selling

New York noon trading shows the Dow Jones industrial average at 567.14, down 6.15 points as broad selling hits major stocks. The Associated Press index drops 1.90 to 211.70 with industrials, rails, and utilities all lower. Some losses narrow in the afternoon as ticker delays ease. IBM, Polaroid, Xerox, Corning Glass, Du Pont, Superior Oil fall, while General Motors declines slightly. Corporate and U.S. government bonds also weaken in a broad market slide.

Dow Jones IBM Polaroid Xerox Corning Glass du Pont Superior Oil California General Motors Oil Indiana Pfizer Johns- Manville Bache & Co NEW York (Ap Martin Marietta Ss Utilities Tradt McLean Trk Ee Wall Monsanto Ee Monty Monty Ward Ee Textron Inc Union Bay Pena Pennsy RR United Aircr United Fruit US Steel Va Caro Chem Radio Corp Cence Va el & Pow ‘ Teers Reynolds Woolworth Calif Zenith

Cotton futures open unchanged to 25 cents lower

New York AP reports cotton futures opened steady to a 25 cent per bale drop from the prior close reflecting early market moves as traders weigh supply and demand signals.

New York

Khrushchev Proposes New Berlin Talks After U.S. Vote

Soviet Premier Khrushchev reportedly wants new Berlin negotiations after the American elections and may take the issue to the United Nations if the United States does not concede. The remarks came in an Sept. 18 interview with Belgian legislator Raymond Scheyven and published by Le Soir.

Brussels Belgium Khrushchev Berlin Soviet Union United Nations United States Raymond Scheyven le Soir

Hoffa Conspiracy Trial Opens in Nashville Federal Court

The conspiracy trial of Teamsters Union President James R Hoffa opens in federal court in Nashville Tennessee. Judge William E Miller notes it could stretch into winter as Hoffa defends against charges of conspiring to violate the Taft Hartley Act and unlawfully obtaining a million dollars via a dummy company. The case involves Commercial Carriers Inc Test Fleet Corp and odd transfers to Hoffa and Brennan heirs. Hoffa accuses U S Attorney General Robert F Kennedy of political vendetta.

Nashville, Tenn Teamsters Union James R. Hoffa Justice Department Defense U.S. Dist William E. Miller Hoffa Detroit U.S Robert F. Kennedy Bob Kennedy Hitler America Michigan Hoffa and Commercial Carriers, Inc Miller Owen Brennan Teamsters Test Fleet Corp

Local Youths Win Ribbons At North Carolina State Fair

North Carolina State Fair in Raleigh last week saw several youth exhibitors win ribbons in Holstein entries. Notables include Carol Anne Hardin and Karen Wilson with junior and senior division placements, Robert Glen Hardin III with multiple senior placements, and Howard G. Wilson with junior and senior ribbons. Culinary winner Mrs. Tom Toler earned third in three cakes. Uncertain history note about Pony Express riders dated April 3, 1860.

Raleigh Carol Anne Hardin Holstein Robert Glen Hardin III Karen Wilson Howard G. Wilson

Hoffa Arrives Ahead of Conspiracy Trial Start

Teamsters Union president James Hoffa lands in Nashville Tennessee for the Monday opening of his federal conspiracy trial. He plans to direct union activities from his hotel suite as the trial is expected to last several days.

Teamsters Union James Hoffa Nashville, Tenn

Investors Guide: Bargain Plays In Cement And Steel

Readers ask about buying favored stock in disfavor sectors like cement and steel. Advice stresses quality leaders, patience, and awaiting upturns while noting longer rebound times. It also covers income boosts via high yielding preferreds, tax exempt bonds safety, broker pricing, and how to request investment lists from Sam Shulsky.

Baron Rothschild Public Service Central & South West Mr. Shulsky Sam Shulsky High Point Enterprise

Fund Raising Dance Slated in Archdale

Archdale three civic groups join to sponsor a fund raising square dance at Starlite Skating Rink on S Main Street to aid a Youth Center for Scouts. Dance begins 8 p m with door prizes. center to be built behind Lions Club property for Scout use.

Archdale Starlite S Main Street Archdale-Trinity Lions Club S. Main Street Lions Club Archdale-Trinity Woman's Club Girl Scouts Archdale Parent - Teacher Assn Cubs

Kennedy Leaves Georgia After Speaking on Campaign Trail

Senator Kennedy called from Georgia and hurried home not revealing his destination while Sen. Wiley canceled Milwaukee appearances and prepared to travel to Washington. Hum phrey and Fulbright were en route to the capital as Kennedy, campaigning in Illinois for Dirksen’s opponent, cut short weekend stumping. Stevenson was summoned to Washington for talks with Secretary Rusk amid a busy political weekend.

Senate Armed Services Committee Georgia Milwaukee Alexander Wiley R-Wis Washington Wiley Senate Foreign Relations Committee Hubert Humphrey Minnesota Senate J. W. Fulbright D-Ark Kennedy Illinois Dirksen Sidney R. Yates Salinger Adlai E. Stevenson U.S United Nations Dean Rusk Stevenson New York

Supreme Court Refuses Wiretap Appeal in Yonkers Bookmaking Case

The Supreme Court today declined to hear an appeal from Floyd Dinan Francis Day and Albert Bricker challenging state use of court ordered wiretaps in a Yonkers New York bookmaking trial. The lawyers argued federal law preempts state wiretap evidence. Justice Douglas favored hearing the case.

Washington Supreme Court Yonkers N.Y New York Federal Communications Fact Texas Ohio High Tribunal U.S Floyd Dinan Francis W. Day Albert Bricker Douglas

Retired Admiral Dies In Holdup In Chicago

Paul Joachim fifty a retired rear admiral was killed in an apparent holdup on Lake Shore Drive. He resisted a lone gunman who fired four times and fled. A money clip with thirty five dollars was found. naval authorities note his WWII service and 1954 retirement as rear admiral.

Chicago Paul Joachim Joachim Lake Shore Drive Naval New Jersey Elmina Joerrissen Kay Helvestine Miami Fla

Democrats Launch Fan Out Campaign in 9th District Rally

Democrats begin a fan out campaign with a 9th District rally in Concord where Brooks Hayes will speak for Hugh Q. Alexander joined by Gov. Terry Sanford. The Republicans counter with events in Rockingham Marion and Asheville as they push Rep. Jonas against Rep. Kitchin in the neighboring districts.

Associated Press Concord Brooks Hayes Arkansas U.S. State Department Hugh Q. Alexander Terry Sanford Rockingham Marion Asheville Hickory Wilbur Mills Bert Bennett Charles A. Halleck R-Ind Richmond County Jonas National Guard Charles R. Jonas A. Paul Kitchin 8Th

Indian Chinese Clash Deepens In Ladakh Frontline Fight

Reports say fighting persists 900 miles west of the Northeast Frontier as India and China accuse each other of aggression. Chinese outlets claim seven Indian strongpoints captured. India reports heavy casualties with retreats and no confirmed figures. Nehru aides describe the prime minister as cautiously hopeful.

Ladakh Northeast Frontier Area Chipchap River United States Peiping Ta Kung Pao U.S U.S. State Department India Ladakhi Defense V. K. Krishna Menon Praja Socialist Party Nehru

Phillip Editor at AP Since 1943

Phillip serves as an editor in the radio and television news department of the Associated Press, a role he has held since 1943.

Phillip Radio-Televison News The Associated Press

Soblen's Remains Sent to New York

The cremated remains of Dr. Robert A. Soblen, the Lithuanian born American psychiatrist convicted of spying for the Soviet Union, were flown from London to New York. Soblen, 62, died September 11 after a six day coma from barbiturate drugs taken while being deported. He fled to Israel in June after skipping a $100000 bail in New York. Expelled from Israel for illegal entry he slit his wrist and stabbed himself aboard a jet liner.

London Robert A. Soblen Soviet Union New York Soblen Hillingdon United States Sobolen Israel

Also Mentioned on This Page

Canoa Adams Millis Allied Ch Allis-Chal Am Can Co Enka Am Motors Tel & Teleeeenee Atch T&sf Atl Coast Line Atl Refining Avco Ford Motor Elec Gen Foods Gen Mot Gen Tel & Teleeee Goodrich Goodyear T&r Greyhound Gulf Oil Corp Eee Tel & Tel Kayser Roth Liggett & Myerseeeee Lockh Air Ean Lorillard P Cere Cerenne Tom Toler Pony Express Investors Guide Central South West Furn Robert M Chum North Carolina Oer Tobacco Road Midway Your Family Theatre Atl Melville Shavelson Stenan Harry Guardino Ve Pn Jeffrey Hunter Misenheimer Albemarle James Broyhill Lenoir Alexander High Point Grace Flower Shop Ee Ee Betate Laundry Centennial Ave HFC Ps Paymts Paymts South Main Street Peter Lawford Gene Tierney Don Murray Charles Laughton Paramount Pictures Libby Hill Seafood Main St Carenysy Aalte Tameas Cinemascope Robert Mitchum
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