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Newspaper
Las Vegas Sun
Location
Las Vegas, Nevada, United States of America
Date
Dec 05, 1962
Page
5
The market summary shows uneven Dow Jones averages with rail stocks advancing while utilities drift. Open and close figures indicate small net gains in several indices, with industrials and rail components driving modest upticks and overall activity around 469,800 transactions.
Closing stock figures across major companies in New York show varied results with many blue chips posting gains while others fall. Notable movers include Allied Ch, Am Mot, IBM, General Motors, United States Steel, and Bethlehem Steel with mixed percentages and several percentage changes.
In New York heavy demand pushed the stock market higher wiping out recent losses. Most issues finished near their intraday highs as volume neared five million shares. Chrysler gained about 3 percent and November car sales jumped 33 percent. Du Pont rose over 2 percent with most chemicals higher. Oils firm led by Amerada.
Reeba Kay Milner 19 of East Las Vegas Nevada has been named Soldier of the Month for November at the Presidio of San Francisco where she has served since October 1961. Milner joined the Women’s Army Corps in August 1961 and is part of the Presidio WAC Drill Team.
Rawalpindi reports ministerial talks between India and Pakistan to restart the Kashmir dispute process within days. A prelude to a Nehru Ayub Khan summit aims to resolve border and irrigation issues amid mediation by Harriman and Sandys.
Ex Brooklyn bullfighter Sid ney Franklin, 59, now spends Sundays demonstrating bullfighting techniques for visitors in Mexico City. He teaches the art as culture and history, aims to open his own school near Cuernavaca, and notes students Paco Camino and Jaime Ostos are top Spaniards. Franklin holds the alternativa, the bullfighting doctorate, earned in Mexico in 1932 and Madrid thirteen years later.
Marshal Sergei Biryuzov, commander of Russian rocket forces, says the USSR leads the United States in anti missile defense and delivery of mega ton rockets. He writes in Red Star that Soviet rockets reach 50 to 60 megatons while American warheads max at about five megatons.
The Nevada State Park Commission requests funds to study Belmont the former Nye County seat. A feasibility report will be presented to the 1965 legislature with a financial plan to develop and protect the historic site. Belmont is slated for acquisition in 1966 67 if justified, with early repairs planned to protect the courthouse.
New Jersey becomes the second state to ratify a proposed 24th Amendment prohibiting poll taxes for federal voting. The Assembly approved 58 to 0 and the Senate 17 to 40, no gubernatorial signature required. Illinois was first on November 14. Seven NJ communities still levy poll taxes averaging over $9 yearly, with $21,119 collected in 1961 from 2,340 residents, down $2,286 from 1960.
Wolverhampton England residents face darkness during an outage at Magistrates Court after lights failed 19 times while attempting to operate court proceedings. The local motto is Out of darkness cometh light.
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