Florence Morning News Newspaper Archives Dec 8 1953, Page 15

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Florence Morning News (Newspaper) - December 8, 1953, Florence, South CarolinaTuesday morning december the Florence morning news Florence s. C. Page ii final Market report financial new York dec. Lift the Stock Market declined today by the largest margin of the past three weeks but the fall was moderate. Seling pressure never developed any time. The Market started mixed and gradually slipped lower. The movement gathered Speed toward the close which was around the lows of the Day. There were no particular developments to account directly for the lower prices. Some suggested that this week s estimate of lower steel production might have brought on some pre cautionary Selling. Stocks them selves were mixed narrowly. The american Iron steel Institute estimated production this week at 85.8 per cent of capacity a new Low for this year. Another suggestion was that traders preferred to take things easy until after president Eisen Hower Speaks before the United nations in new York. Such a development is Standard operating procedure before a major presidential address. The Market at the close was 2 Points lower to about a Point higher in significant areas. Railroads were among the most de pressed of the major groups along with distillers radio televisions chemicals coppers air lines and the utilities. Volume came to shares. That compares with shares traded Friday when the Market was Down a Little. Both totals Are just about on a Par with the daily average of the year As a whole. American Telephone was the Day s most Active Issue off a at 157% with shares traded. That included one Block of shares at it was followed by Columbia Gas off at american Woolen up at radio corp. Off at 24, Chrysler off Al and u. S. Steel unchanged at among lower stocks were Beth Lehem steel Studebaker Schenley industries Admiral corp., Ameri can smelting air reduction Gen eral electric american tobacco Baltimore Ohio Kern county land and Eastern air lines. Higher were general motors Goodrich Boeing Douglas aircraft and Texas co. Stock averages complied by the associated press 30 15 15 6 ind. Rail util. Stocks net change Mon.144.4 80.7 55.7 109.3 Prev. Day .144.9 81.4 55.8 109.8 week ago .144.2 81.9 55.4 ioa.5 month ago .142.9 80.9 54.6 108.2 year ago .146.7 90.1 54.7 112.s .151.8 93.6 55.5 116.3 .130.2 new York dec. 7 futures were under persistent hedging and liquidation today and Clos d 15 to 65 cents a Bale lower. Recurrent flurries of Selling drop de nearby May and some of the new crop months into new season 1 Low ground. Hedging was credit d to far West sources where spot Otton has been Selling rather a vely. New Orleans was promo ent on the Selling Side partly against straddle operations be Ween the new York and new or eans futures markets. Some traders lightened futures holdings in anticipation of a higher Overn tent Cotton crop forecast tuesday. Some private surveys ave pointed to an increase of As much As Bales Over the of Icia november forecast of 00 Bales. However today the a rage guess of 60 members of the Tov York Cotton Exchange was Only Bales. There were our december transferable no ices issued at. New York. A slight pick up in foreign in Luibry for United states Cotton was by shippers. The Export in dirt Bank has signed an agree nent with the Bank of Japan rela Iye to a previously announced 60 million Dollar loan for the Pur Chase of United states Cotton by Lapan effective As of dec. 3. The Oan is expected to be in opera Ion after arrangements Are con with United states Commer Cial Banks it was stated. Futures closed 15 to 65 cent a Bale Ower than the previous close. Open a lakh Low close . 32.81 82.84 32.73 32.78 3 .33.07 33.12 33.02 33.04 .33.23 33.29 33.13 33.18 .33.14 33.17 33.02 33.04 .32.39 32.39 32.24 32.29 8 .32.35 32.37 32.20 32.27 6 .32.40 32.40 32.28 32.32n 32.46 32.46 32.31 32.35n 1953 High 1953 Low 73.5 50.5 99.5 1952 High .150.9 94.8 54.8 115.7 1932 Low .131.z 66.7 50.7 97.0 Allee corp 3tt Al Cher aide 7314 Allisch mfg am All 12 am can 3811 am car Fly 3414 am smelt r z9 i am totem am Woolen 3614 Anaconda cop 3114 9% Arm pc co acl a ret Avo mfg Baldwin l b t o Bendix Alt Boeing Atrul Borden co Borg warn Budd co Burl Mills Bur add much 1414 car p l 4014 Case j i 1554 cat rail Trie 50% celanese corp 20v4 chs o 3414 Chrysler corp 6214 coca cola 11414 come credit come solv cons Edis cons Vul Teft coot can Corn prod Cruc St Curt Wright Doug air Dow chem Dupont 106 East air 2414 Eastman Rod Erie re Firestone rub 66% Florida pm Frueh tra Gen Bate co Gen elec Gen food Gen Mot Glidden co Goodrich rub 78 Goodyear rub 52t4 it nor by of 48 Grey bus Gulf Mobil go j Oil int Harv int paper int t 4 t Johns Man Kennicott cop 6434 Kresge is 3314 lib me lib 9 Lagg m 6814 Lockheed a7 27 Loews inc 1214 29 i 8% 6114 46% 60 7214 11 11 36v. 1714 56ft 74 2414 if 81 2314 1014 89 61 6554 9v4 2914 2814 54 1514 64 Lorillard p 25% 6 3234 Mckessy i r 39 Mont Ward 56m Nash Kelv 1 Nat Bis 35h Nat Cash Reg 55 Nat Dairy 64% Nat dist 19 Nat Linen 9 by cent no am Avian 20 no Pac 5814 Owens c fib pack Mot Param pict Penney j c Penn or pops cola Phillips pet Pitt Sib ii proct t Gam 691 Pullman co 42% Puro Oil radio corp Rad k 0 Reeves Brof Rem Rand re pub St Reynolds b seab Al or Sears Roeb Simmons co Socony vac Sou car e4g 14t Southern co 1614 Sou Nat Gas 2714 Sou pc Sou by std brands std Oil Cal std Oil no Stevesn j p Stewart War Swift co Tex co text Ron corp went c Fox in Carbide in Pac unit airline unit air unit corp unit fruit us rubber us us steel 39m Vanda com Vick chem a car chem Warner plot Wesson West in West Al White sew m ways Over Wool f w Young shit 13vi 4814 24 314 13 1414 48k 4114 2954 3514 5314 72% 25% 1914 4114 56vi 6 is 721 110 22 4285 37% 29? 20 24 42 51 51 16v 43v 39y Fina 4 92 22 new York. Dec. 7 a american stocks quotations Alaska airline Alum co am of am meter bunk Jill t s Duke Power Al Bondt so Ford Mot can a Hazeltine incs co n am pen Road sales today total sales year go in Many primitive societies worn in do most of the work the me occupying themselves with War politics administration and Rel Gion. 20? 86 26 78v Cotton dec. Ich. Lay by. It. Lull Las middling spot 33.50n unchanged. Cotton textiles new York. Dec. 7 in Otton Gray Roods continued at slow Pace Oday. Of the business consisted of ill in sales of print cloths and other con tru colons. There was some tendency to wait the government december Cotton Rop forecast on tuesday in View of sex actions in the Cotton Trade of a higher figure Over the november estimate. Orders for Wool goods were poor. The Lydney Wool Market was higher according o or Lave australian advices in Rayon goods dealers reported that business in spun fabrics was Good in rela Tion to the slow Tempo of filament cloth ales. Manufacturers were said to have Aid up to one cent Yard increase in Rayon Inlings recently. Cottonseed Oil new York dec. 7 cottonseed Oil futures closed 3 to 7 lower Lales 50 contracts. High Low close dec.15.65 15.55 15.55 ,ich.15.35 15.25 15.21b Lay .15.20 15.07 15.07 closing bids Jan. -54 15.son, july. 14.75 Iep. 14.10. Oct. 13.85. Cotton futures new Orleans dec. 7 futures declined Here today under Lonj liquidation prior to the government s Cro estimate to be issued tomorrow and hedge Selling. Closing prices were steady five cents to 60 cents a Bale lower. Open High Low close .32.77 32.81 32.76 32.81 .33.12 33.15 33.00 33.0b .33.27 33.30 33.13 33.19 .33.15 33.18 33.00 33.03 .32.34 32.34 32.21 32.30 dec. Much. May july. Oct. Spot Cotton new Orleans dec. 7 co ton closed steady 50 cents a Bale lower sales Low middling 27.80 middling 32.30 Good middling 32.70 receipts non Stock 299.181. Middling Cotton new Orleans. Dec. 7 rage i ire of middling 15-16 Inch spot cot on at 10 designated Southern spot Market today was 40 cents a Bale cower at 32.s cents a Pound previous Day 32.gb wee ago 32.77 month ago 32.69 year ago 33.01 average for the past 30 Market Days a 32.69 middling Inch average 31.00. Sale Bales. Daily Cotton table by the associated press port movement new Orleans middling 32.30, a e Stock Galveston 32.15, receipt sales Stock Houston middling 32.20, sales lock Mobile Stock Savannah Stock Charleston middling 33.05. Sales 65. New York middling 33.50, Stock 252 Boston 4. Minor ports Stock total receipts sales Stock total for week receipts exports total for season receipts exports Interior movement Memphis middling 32.30, receipts 4, 663, shipments sales Stock g3augusta middling 33.30, 814 Stock stat Market Columbia dry. 7 there were too few vegetables to establish prices a the Columb a state Farmers Market today Sweet potatoes Columbia area Marke steady Supply Light demand fair goo Quality cured 2.25-2.50. Orangeburg Holl Lii l area Market steady Supply los he demand fair Porto hic an cured no. 1 egg markets prices paid for unc Rade acc Fob local grading Columba area Market steady Supply adequate an demand Good Larae 53-56 medium 4548 Small. 40. Hartsville area Large 58-60 medium. 54-56 Small. 40. Greenville area Large. 55-57 medium 42-54, Small 38-40. Columbia poultry prices at Fri ers Market weaker Supply , de Mand fair 24-25. Heavy hens Marke steady Supply equal to demand. 2a-26. Turkeys Pfann prices Columbia area Market firm on hens and about Stead in Toms Supply Short on both hens 40-42 Toms. 31. Pecans. Columbia wholesale Mark steady Supply Light. Stuarts 12-i7, blend 12, Echles 14-20, seedlings 12.14. Ton Market steady Supply adequate Stu arts ,16.18, blends 12.15. Schley. 13-2 seedlings i2.ll. Oran Gelwarg area Mark firm Supply heavy stuarts. 15.18. Blend 12-14, 10-20, seedlings. 12-13. To ence area Market steady Supply heavy stuarts 15-17, blends 12-15, seedlings 12-1 Tuerk pleasant Gamo jul Day. It is a our a Terk pea jul Day. It is name Nhuc number of letters is 6 or count the letters in your add 3. The result is More subtract 4. Her left hand Corner of the. A subtract 4. Upper left hand Corner of the. Key number. Start it numb Crl Eft to right. Then Grain Chicago dec. 7 predict in of further Price advances by e agriculture department creat a heavy demand for wheat on e Board of Trade today. Wheat Jed the rest of the Market Gher with soybeans coming end rapidly in the closing half Jur. Lard soared in response to a Uch smaller run of live hogs at Liciago than a week or a year ago. Wheat closed higher Corn higher Oats to is higher us Syz higher soybeans 1 to i higher and lard 47 cents to .50 a Hundred pounds higher. One inspiration for the wheat lying came from a review by tin agriculture department which said Mong other things prices Are Kely to Advance enough to enrage Farmers to sell wheat Cov by Purchase agreements or redeem and sell the wheat under in government open Ulin Low Cloi ii fat 2.0714 2.0414 2.06 2.12 2.09 .2.083i 2.1114 2.08 .2.00h 2.03 .1.5514 1.56h .1.58 n 1.60 i .1.5814 .1.53v4 1.59 i .78% .75 .7514 .75ii 2.1 2.101s, 2.00 2.0014 1.5514 1.58 j 1.59ia 1.581i 1.58 .78% .79 .81 .81h .79 .75 dec. ____1.21 .1.25 1.27v ____1.27v. 1.3016 ------1.31 1.3114 .3.0814 .3.0814 3.1214 .3.07 3.0914 .3.02 3.04% .2.6814 2.70 17.20 15.75 15.02 11.60 14.40 18.37 16.50 15.50 14.90 14.82 1.20% 1.23 i 1.25 1.271 1.27v. 1.30s 1.31v. 3.08 3.10% 3.0854 3.12 3.06v. 3.0914 3.0114 3.0451 2.g8v. 2.6844 17.20 18.37 15.75 16.45 15.02 15.42 14.85 14.40 14.77 Bonds new York dec. 7 we the end Market finished slightly High r today after much of its earlier award momentum had disintegrated. . Government Bonds were in hanged to nominally higher. But ome mid afternoon advances were Laved by the close. Nevertheless he new Avis of 1961 Rose 7-32 Al 01 18-32 bid and the 30-year 3v4s up 6-32 at 104 20-32 bid both ecord highs. The of 1958 need up 4-32 at 100 24-32 bid Anc Victory of 1967-72 Rose 2-32 5 4-32 bid. Foreign hens were quiet. Japa Ese Dollar Bonds were narrowly nixed though Tokyo electric Ligh s climbed nearly a Point to 132% Yugoslavia Bank 7s lost 1% Point at trading in the corporate list a somewhat erratic. Railroads an utilities started in irregular Fashio firmed about noontime then Turne mixed again As the afternoon or dressed. Industrials were lilt changed throughout the session. Bond averages complied by the associated Tress 20 10 10 10 10 hails ind. Kulij. Fun. s it change 1---------- ion.94.1 96.8 96.2 80.2 102 Day 94.2 96.8 9b.2 80.2 102 week ago 94.0 96.s 96.1 80.3 102 97.0 98.6 98.6 94.3 99.2 97.5 month ago 94.2 ear ago 96.0 953 High 95.7 953 Low 952 High 952 Low .90.6 96.4 92.1 96.3 98.5 93.0 92.4 99.4 97.4 80.3 103 76.6 104 b0.5 104 76.5 97 77.7 105 74.6 103. New York dec. 7 Bon ales in final Tota Oday 3.102.000 previous Day Vucek ago month ago ear ago two years ago an. 1 to Dale revised 1952 t ate 1951 to Dale new York dec. 7 Exchange Stock Fina Otal Stock sales today shares total lock sales year ago shares. American male final total Bond sales today Otal Bond sales year ago new York dec. 7 Bon notations 4s 75 941 an p 4s per in of a 4tts 2020b 68v 10 4vss 92 .116v Sinei inc 97 80 go 4s 88 82m Lud c 5s 62 90 inc 5s 57 17v 11 cent 66 .102 17-3 it in 6s 52 104 i it a 5s 67 73 pc 5s 2013 75? Lorow 4s 96 .115 can or 41is 65 .105m third ave 60 v my 4s 69 foreign Bonds Austral 5s 55 .101 Austral 3 .4s 56 99i Llo Dos 6s 68st 37 livestock Chicago dec. 7 we a Small apply of scalable hogs was cleaned p Early at sharply higher prices Xian. Eastern order buyers took 000 of the head. A week ago liable receipts totalled and year ago butchers gained 50 cents to .00 with a top of paid for evral loads of Choice 190 to 220 found offerings. This matched the up set last week for one Short Jad which was the highest de Ember Price since 1947. Sows advanced about 50 Lints. Most steers lost 50 to cents 1 an uneven Market some types eing Down More than . Prime leers showed the smallest loss. A ctr Large run totalling liable head was behind the Price downturn. Heifers were weak to Ostly 50 cents lower cows steady i 25 cents off and bulls and veal is steady. A few loads of average prime to High prime steers sold at s30.00, the latter Price being in top. Dec. 7 Oslock Heady to wins 23 75 for Tood and Choice 200-225 in arrows Anil Sills. 120-140 in 18.75 140 50 in 2025 160-1bo a 22.25 1bo-200 in 325 225.240 in 23.50 240.270 in 22.75 0-300 in 22.25. Sows under 350 in 19.75 Io-500 in 18.75. Uno others Florence Union stockyard top hogs Are 50 cents higher at 2.50 sows Are steady 16.00 to 19.00 Stags 14.00 to 16.00. Markets at a. Glance new York lire. 7 Al l decline might higher governments firm hedging and liquidation. Chicago Vocat him us a see Price Advance with other cereals government stocks Low. Higher Laishl receipts top 24.50. What the stocks do new York. Dec. 7 a Mon. Fri .351 380 .507 3ts 115 32 advances eco Iii s changed Otal issues new 1953 highs new 1953 lows .1108 .32 16 produce Chicago dec. 7 Tea Dick wholesale Selling prices in inned to i higher a 93 score 65.75-66 92 65 5-63.75 b 90 65-05.5 c 09 64.25-64.75. Eggs weak on top full steady on balance Selling prices unchanged 2w Low r extra Large 49-50 extra mediums 45.5 6 standards 47-47.5 checks 41.5-42.5. If the Earth were reduced to the size of a billiard Ball it would be not quite As smooth As a Standard Illiard Bali. Business directory Morgan refrigeration service duo therm Heaters we give Green Stamps sales and service dial 7z24 Jack s refrigeration service dial 6648 of. Heaters cleaned 715 West Palmetto Street Quick Loans on autos appliances Dia monds watches radios combinations. Also unredeemed items for Sale. Harry finance company 188 e. Front s t o k e s mattress factory renovate your old Cotton or old innerspring mattresses like new. We also make new Felt Cotton and innerspring mattresses. Pick and deliver 906 East chives Street phone 6124 and 6286 across 1. Existed placed away for future reference 9. Statute 12. Not at Home 13. Anoint 14. Fish 15. Piece out 16. Wrote hastily 18. In the company of 20. Be the matter 21. Headliners 23. Stupid 27. Prink 28. Badge like animal 29. Exclamation 30. Conclude 31. Disunity 32. Note of a Dove 33. Like 34. Guide the Helm 35. Go swiftly 86. Casual observations 38. Out into notice 39. Beverage 40. Acute 41. Kind of peace 45. Veneration 48. Past 49. Pattern 50. Merry 51. Distant 52. Packs 53. Before Down 1. Misery 2. Northern Bird 3. Steamship employee solution of yesterday s 4. Abstains from food 6. Measure of length c. Gaelic sea god 7. Yalo 8. One who takes part in a formal discussion 9. French City 10. Soft drink 11. Marry 17. Piece of paper Money 19. Weary 21. Harpoon 22.1ieht 23. Billows 24. Roman Road 25. Brief 20. Truth Archit to 28. Give off fumes 31. Bodies of flowing water 32. Slaughter 34, seasoning 33. Female Deer 37. City in Georgia it. Per Celati by touch 40. Was award 42. Sell 43. A compost .41. Artificial in judge 46, armed Stolfi 47. Watch narrowly look who s m Here a spy from the Paloska throw my wheat is Pioger t 4at Wight one inside done manages to neg mate for we Days he fort for Boone 15surethewpiawarotk be longer be Laver doping each Pav that troops from vir6inia Wil arrive then keep four men with if be Are of Are l Oate and watch c105e p j for injun looks like a femur Urru clothing and All the rest. Moldth6 Light Over this Wax Sam. it cant frontal Bone therein More a a Kcf. Honest Abe become King o the Superior look on his i l irritates hamrwtv7-Kin we. Borov Yore. Lapper jest owe our Chile is Kingo the guess Mihain t them i two was critters Loyal to honest Abe no doubt bout it honest Abe Pekin whistle Par Micro he s in trouble.1 the i l Darlin Larne i how1o Douthet the next Kukoff pigskin this time Yuh aint Gittin handed s03x- the Opensh kick off Wiz handed offt Ozark Buthe thought is teammate touchdown m some Snow flakes 61t Ana d0agoh player scooped up the Loose bawl an scored of the territory for which he is re i m so sorry Why do you want to hang the key on my head i m going to Puta Nail alongside the hang the Mailbox key was driving a Here s the tack Hammer. Mama and if it does that dear its Worth Vou it Wylli make a hew woman out of of. This dress is adorable but just look at that Price i la put or new til1 i t up to theme 3joki

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