Stock Market Pauses After Four Week Advances
The market eased after four straight weekly gains as volumes steadied and quality issues held steady. The AP 60 stock average touched 181.50 on Wednesday, briefly matching the Sept. 23 peak before closing the week at 180.50, with total volume around 12.49 million shares. Corporate news included stock splits, higher dividends, and expected yearend payouts.
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New York
Associated Press
Eisenhower
New York Stock Exchange
United States Exports Rice as Third Largest Global Supplier
The United States ranks as the third biggest exporter of rice, reflecting its significant share of global trade. This position underscores the country’s role in supplying markets across Asia, Africa, and the Americas through large-scale production and shipping.
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United States
Brevard Gates Named Tax Accountant At Chemstrand
Brevard L. Gates named tax accountant for The Chemstrand Corp announced by Howard C. Greer treasurer. Gates, native of Warren Pennsylvania, formerly staff auditor with Ernst and Ernst in Erie, and previously with Welch Grape Juice Co. and Cooper-Bessemer Corp. He earned a CPA certificate in the District of Columbia on Nov 29 and a commerce degree from Grove City College. He and his wife Lena and children William and Valerie live at 1617 Chestnut St Decatur.
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Gates
Warren
Penn
Ernst and Ernst
Erie
Welch Grape Juice Co
Westfield
N. Y
Cooper-Bessemer Corp
Grove City
District of Columbia
Grove City College
Lena
William
Valerie
Chestnut St
Decatur
Cotton Futures End Week Higher On Irregular Trade
New York cotton futures finished the week with gains despite uneven trading. Nearby contracts rose as much as 2.15 per bale while parity under the government price support basis showed mixed movement and a drop under the new formula.
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New York
New York Cotton Exchange
Congress
New York Cotton Exchange Service Bureau
Democrats ready to attack Nixon if Eisenhower runs again
Democrats plan a heavy barrage against Vice President Nixon as a potential 1956 GOP nominee. They have files on Nixon covering speeches voting records and policy shifts labeled isolationist and internationalist. Strategists warn Nixon could be better known than any other VP candidate and hinge the race if Eisenhower runs.
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Ike
Nixon
Jack Bell
Washington
Eisenhower
Democratic National Committee
House
Senate
Paul M. Butler
Truman
Sen
Neely
D-Wva
Averell Harriman
New York
Sen. Sparkman
Alabama
Sparkman
Warren
Cotton loan rate outlook and crop projections noted
Traders weigh the January 1 price as the effective level for the guaranteed minimum loan rate for the 1956 crop. Private forecasts place current crop size around 15.2 to 15.4 million bales, versus the government’s 14.843 million bale November forecast and December forecast due later this week. The latest loan-entry report shows 484,000 bases pledged in the week ending Nov. 25, with holiday effects. Exports for the week end Nov. 25 total 36,000 bales, while season-to-date exports reach about 526,000 bales, far below last year’s 1,129,000.
Egyptians Deny New Arms Deal
The Egyptian Embassy in Washington denied a Cairo dispatch report that Egypt agreed to buy 230 million dollars worth of arms from Czechoslovakia over five years, on top of an 80 million dollar deal earlier. A spokesman called the report categorically unfounded and reiterated no agreement had been signed or contemplated.
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Washington
Egypt
Czechoslovakia
Cairo
New York Daily News
Hartselle Civitan safety education project at elementary
Hartselle Civitan Club sponsors a safety education program at Hartselle Elementary School. They supply teachers with Safety Education magazines from the National Safety Council to guide lessons. A Santa letters contest will award prizes of 7.50, 5.00, and 2.50 for top entries, with themes and future classes continuing after Christmas break.
MENTIONED IN THIS ARTICLE
Hartselle
Civitan Club
National Safety Council
Edward W. Summers
Orval Sparkman
Santa Claus
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H. Leon Reeves
Your Crossey, Bendix and Speed Queen Dealer
E. Moulton St
R.R. Crossing
Brevard Gates
Chemstrand
Brevard L. Gates
Chemstrand Corp
Howard C. Greer
the Lawrence County
Armendment 1
Lawrence County
Board of Education
Lawrence County Citizens Committee
Marty Kingsmore
Decatur High School
North Alabama
Athens College
Hartselle Civitans
KODAK
Brownie
Inc. Fed. Ted
Cine-Kodak
Showtime
Que
Aree Kodak Photo Hobby
Kodek Qutert
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Kodak Camera
Crump Camera Shop
Bank St
Telectro