Rally Lifts Market From Slump Amid Mixed Trading
A late rally helped the stock market regain footing after a downturn as 13 active issues showed gains led by General Motors and New York Central. Volume was light at about 1.18 million shares, with 407 advances and 386 declines. Bond activity slipped as longer government issues rose briefly before reversing.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Aincka
General Motors
New York Central
Rall Gndt
Mont Pa
Iseuea
Livestock market mixed across hogs cattle and sheep
Chicago and Baltimore reports show steady to higher bids on hogs 180 to 240 pounds, lighter weights and sows varying by grade. cattle steady with good steers and heifers 23 to 27, bulls 29 to 31, vealers 30 to 40. Sheep trading slow but prime spring lambs bring 34 to 48, best 80 to 86 pound lambs 35.5 to 36.0. Multiple weights and grades listed with price ranges across regions.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Selanie
Noviest
Weil
Baltimore
Calvas—igs
Sverages
Springers
Ewos
Romes
N.Y
Katandins Usis
WN. J. Usis
Jersey
Pittsburgh
Idaho
Florida Sebagos
Alabama
Calif
Pontiacs
Treasury reports June 1 financial snapshot
The Treasury summary shows net budget receipts 88,542,366.93 and budget expenditures 274,187,639.04 with a cash balance of 5,289,142,672.86. Customs receipts for the month total 2,585,244.48 and fiscal year receipts stand at 41,142,512,705.86 while expenditures reach 22,027,825,563.15. A budget surplus of 2,204,787,170.73 is reported, total debt 254,597,830,270.23, and gold assets total 21,755,525,560.74. Market summary notes yesterday’s transactions and sales totaling 439,000 with 32,780,000 in value on 1,180,000 units.
MENTIONED IN THIS ARTICLE
Treasury
Washington
The
Dow Jones Averages and grain markets show firm tone
New York reports Dow Jones averages with modest gains as investors monitor grain and provisions trading. Wheat prices rise on bakery demand while Board of Trade notes improved port activity and export orders amid steady industrials and utilities. Rev R J Chenoweth invites children to two week vacation Bible school at Asbury Methodist Church starting Monday with daily 9:30 to 11:30 a.m. sessions.
MENTIONED IN THIS ARTICLE
Dow-Jones
New York
Chicago
Board of Trade
Uaey Feleeig
EOE
R. J. Chenoweth
Asbury Methodist Church
Auto Ambulance Crash Hurts One in West Virginia
Mrs. Clifford Hudnall of Quincy suffered minor injuries when her car collided with a Pryor Mortuary ambulance carrying surgical patient Ephron Stevens on the Chelyan Bridge road. Stevens and his wife were uninjured. Trooper C C Stewart said total damage approached 600.
MENTIONED IN THIS ARTICLE
Clifford Hudnall
Quincy
East Bank
McMillan Hospital
Hudnall
C. C. Stewart
Pryor Mortuary
Chelyan Bridge
Ephron Stevens
Laing
Plans Made for Study of State Aid Program
A legislative sub committee laid groundwork for studies of state property assessments and the school aid formula. Another sub committee prepared plans to study the Public Assistance Department's organization and operation. Reports will go to the 1953 Legislature.
MENTIONED IN THIS ARTICLE
Commission On Interstate Cooperation
Legislative Committee On Government and Finance
Public Assistance Department
DPA
Deadline Reminder for World War II GI Bill Benefits
Virginia officials urge ex GIs to file proper papers before the cutoff date to qualify for training and schooling under the GI bill and Public Law 16. McCormick of the Department of Veterans Affairs notes training must be completed by July 25 1956 and that about 75 000 of West Virginia s 217 000 veterans have used benefits so far.
MENTIONED IN THIS ARTICLE
McCormick
Kanawha Blvd
Department of Veteran's Affairs
Charleston
West Virginia
Veterans discharge certificate needed for education rent entitlement
Veterans should carry their discharge certificate to show exact place and use of their educational rent entitlement. McCormick cautioned. A tule cyprus in Mexico, 36 feet 1 inch in diameter, is believed older than the California red woods, often called the world’s oldest living things.
MENTIONED IN THIS ARTICLE
Cyprus
Mexico
California
Also Mentioned on This Page
Rally
Mart
AoBi Lew
Bea
Elina
Dune
Faa
Alexander Graham Bell
Penn Mutual Life Insurance
Fred N. Kellmeyer
Agency Associates
Ethel M. Forman
Lumberport
Samuel B. Urso
Clarksburg
Ripley
Frank Williams
Bluefield
R. Gordon Barrick
Hikins
Enid A. Harper
Spelter
Daisy M. Peadre
Parkersburg
Harrison P. Whittaker, Sr
Terra Alta
Bert G. Landau
Huntington
Bert G. Landau, Jr
Charles W. Fox
Samuel C. Lawrence
Samuel C. Lawrence, Jr
Thomas C. McKinley
Francis O. Roller
Peoples
Stock Exchange
Walter C. Hardy & Co
Furnisa
Northern Pacific
duPont
Ohio Gil Co
Alleghany Corp
Eastern Airlines
Oris Elevator
Allegh, Corp
Owens Tllinois
Allegheny Tug
Eastman Kadak
Amp
Fruchauf
Pepsi-Cola
General Fonds Phelps Dodge
Philco
Ato Gas & Bicr
Moto
Phillips ‘Petzeum
Amn
Locomotive - Lin Gen
Pub
Uties
Plymouth Oil
Gillewe
Fond Creek Foc
T. Ds T. Wae
Glidden Co
Public’ Industries
Tobacco Goodrich XD Pub. Service B&g
Goodyear Tire A Pullman Inc
Ann. Woolen
Granan-Paige
Great Northern
Radio Corp. of
Anderson-Prichard
Greyhound Corp
Remington Rand
Gull
Mablle
Ohio
Armco
Reo Motors
Armour
Hayes Indust
NS Republic Aviation
Asmand Ola S. P
Hayes Mig. Ies
Republic
Ateb
TOR Homestake Mining
Reynolds
Hupp Corp. Central
Schenley Industries
Eth Iron Works
Trinsisi
Seaboard Air Line
Bendi
Sears, Roebuck
Best Foods
Int Harvest
Berhiehers Steel
Int
Rigkel Sin Simmans Co
Blaw-Knox
T. & Ts-Shelt
Jobbey Owens Ford Ae
Awitt
U.S
Columbia
Monsanto Chemical
U. S. Steel
Combustion Engineer
Montgomery Ward
U. S. Steel Ptd
Motorola Inc
Walworth Co
Motor Wheel Corp
Muliins
Mig. Co
Warner Bros. Ph
Consol
Edison
Murray Corp
Wayne Pump
Gonsol
Nasi-Kemwater Co
Western Air Lines
Valbee
Nasi. Biscuit Co
Western Union
Container Corp
Cash Register
Alt Braxe
NS Distillers Corp Pate
North Ama
Aviation
Youngst’s Stee
Dow Chemical
pRacio & TV Products
Ats
Seengese
N. Y
Lone Star
Fairchild C
Mead John
Repub
Fairchild
EL & A
N. Zinc
Bub
Glen Sider
Mans
Niles Bement Peeepens
Haneitime
Pac
Pete Lids
Bellanca Heela
Pancoastal
Cannadian Mare
Humble
Pantenec
Catalina
Oil Cola
Pennroad
Cessna
Pete
Bourbon
Old Log Cabin
jMcCormick Sara
Summers St
Ararse Theatre A
Advern
W. Va
Terminix Co
Broad St
hee _ 4
Chemical Engineers
R. H. Emory
DuPont Co
EI. DU Pont DE Nemours & CO. Engineering
Wilmington, del
Kanawha Valley Bank
Kanawha
Federal Deposit Insurance Corp
Capitol and
Lee Sts
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