Florence Morning News Newspaper Archives Jan 16 1958, Page 20

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Florence Morning News (Newspaper) - January 16, 1958, Florence, South CarolinaPage 8-b the Florence mokn1x1 news Klou Axce s. C. T1iuksdav mor Xix. January 16. The markets oils chemicals Post solid gains new York Jan. 15 chemicals and Sec Els posted some solid gains late today putting the Stock Market firmly on the upside for the a gird straight Day. Gains among some key stocks wont from fractions to 1 or Points. And coppers were unchanged to lower. After the close the Federal re serve Board Cut Stock margin requirements to 50 per cent from 70 per cent in a credit easing move which had been hoped for and anticipated in some quarters. Tie Market was mixed and without direction Early in the ses Sion. The associated press average of 60 stocks Rose si.20 to s159.40 with the industrials up s2.00. The rails up 51.00 and the utilities up 20 cents. Standard s poor s Soo Stock Index closed at 40.99. Plus .32. Of 1.1-19 issues traded new highs for 1057-55 totalled 23 and new lows 7. Volume totalled shares compared with yester Day. Based on the Rise in the a average the quoted value of stocks listed on the York Stock Exchange Rose an estimated billion dollars stocks Rose and two fell. Al Lech corp Lowb tar a1 chums def Lorillard p Aims Chi its i5t lower urn i s am Airl 17 my Kofi r 53 can Mon Ward 3234 am smelt i r 31v. Nat Bis markets at a glance new York Jan. If. Slow and Vince. Cost nirm Nib lower. Lied i in k and Trade de Chicago hic lick Lair demand. Export processor buying. Cats a steady in higher Light demand. Mistier Trade buying. Steady top to 5u rents higher top 530.25. What stocks it new York. Jan. 15 wed. Tum. Alvaru is otitis declines .220 22k .230 2m Issue s h49 ii 14 ewl957-5 8 Alphs 11 14 vew 1957-58 lows 7 3 state Market Columbia. Jan. 15 South Caro Lina product prices report d today try the Market n cacs service Columbia Farmers wholesale Market prices steady Supply about and Quale de Mand fair to Noti. Apples cab Bage 1.50-2.50 Collanus Good Quality 1.50 1.75, fair Quality i.2s Green onions 1.25 a b b Bendix Avia Beth Ste i Boeing air i Borden co Rorr warn Budd co Burl Mills Bur add much Cannon Mills car p i l Case j i Cal Erpil trac Lanesr corp Ches a 0 coca cola come credit come solv cons Edis cont can Corn i1 Rod Cine St Curt Wright Curt wrist a Doug air Dow Chera Dupont 517% Param Pic penury to c Penn or 6-1 a Casiola 2sn Phillips pet Pitt Sib front Gam Pullman co 50 pure Oil 26 radio corp 15% repel St to l Reynolds b 13 h Hiesel paper Seah Al or 100tb Sears Finch Simmons co 12 Socony vac 4fu in Sou car 22 44ni Southern co 2v Sou Nat Gas 34r in Sou Pac 3fi 27 Sun by 30 std brands 42 std Oil Cal 45 55 i Sid Oil no 18pi Stevens p 15 a poultry prices at farm broilers and firs. Columbia Market steady at 19. I Supply Short demand Good Greenville i 19. Columbia heavy hens unchanged. 7n.v Grain unchanged. 1 . Culum Llu Lui full Viilers St i higher at l j.25, Florence and Kingstree 451 buying a lotions Mcatty it 19.00, co 311, Lum hid tuesday auction Hully to Hill tuesday Auci inn 19.2j-39.7tj. Cattle Hurt Ion i tuesday Columbia Good and Choice veal calves Utility and commercial 17.00-23.50 Good and Choice Butcher steers t heifers 22.00 27.20. Utility and commercial 17.00-22.00 commercial cows 17.00-20.40. Claimer Kand cutters 13.00-15.30 Good and Choice Stocher steers and heifers 21.do 2-1.75, medium 13.00-21.00. Greenville Good and Choice 38u veal calves 27.00-34.50, Utility and cumme Cia Good and Choice Butcher steers heifers 13.00-23.50, Utility and commercial 3.0lmli.oo commercial cows 5.00-37.50, Cannity Anil cutters Good and Choice Stacker steers it heifers 34w Stewart War 99 Swift t co 73i tax co so n text Ron corp went c Kox in Carbide in Pat unit Al Rellna unit a ire link corp unit fruit unit Gas Imp 36 us rubber us smelt Crof 2b us steel univ Leaf Tob 34 20 East Airl Eastman Kod Erie or fire Lune rub Florida pm Ford Fruch tra Gen Hak co Gen Fler Gen Nodl Gen mul Glidden co Goodrich rub Goodyear rub Grey bus Gulf Gulf Oil 106 us tobacco int Han ,10jb Vanda corp int min t Chulch chem int paper 88h a car Chera int t t 3014 Warner plot Johns Man 393e Wesson Kennicott corp 79vi West in Kresge is West Al Lih me lib 8 i Winn Dixie Lipe a 69 i Wool f w Lockheed at Young Shact la 20.00-2c.50. Medium 20.00-21.ou. Holly hill.1 31 veal calves 28.lhl-31.00. Utility and. Comm Cia -10-u s i tic7-. 79 commercial lg.00-2u.do Good in Tali steers t heifers 2fl.00-24.no, Utility and i commercial commercial cows i 1g.oo-19.00, canners and cutters 12.00-15.5u Good and steers to heifers i 21.00-23.75, medium 16.00 20.50. T. V. Special Olina Pride country sausage in. 49c baking fresh in. Trade wind 10 of. 3831 Cotton new York Jan. 15 Collon i futures closed 25 culs a Bale Jar to 25 cents Lingher today with some deliveries making new lows for the Day at the end of the session. Uncertainly Over farm Leisla Tion and what president Eiser How 6.1 i or would say in his farm message in i to Congress tomorrow brought Stock averages compiled by the Assoc Intro press 30 15 15 60 1ml. Rain Litell. Stork j 2.0 net wednesday Prev. Day Wecka co month Aco year Apo ,1.0 83.9 32.9 34.1 7h.2 130.2 h4.7 78.2 74.4 -.1.2 159.4 15b.2 Grain Grain Chicago Jan. 15 a Vari Ety of influences carried nearly Grain futures prices higher on the Board of Trade today. Liquidation which discouraged ral lying tendencies. Hedging was also in evidence. Bust prices came at the Start when gains extended to 90 cents a Hale on commission House and Trade buying. 1j2.3 i i inure cents to Bala lower 178.0 loss cents higher than the previous Clow. Open High cl05e .1i.s2 .15.00 33.43 35.43 33.51 34.7n 34.8 3j.fif 34 68 34.jb 3470 34.33 34.60 34.48 34.62 34.42 34.43 34.37 130 1 191.5 Judd Olinc spin uti chanced. X nominal a Biu. Steady 25 cents a Bate higher lower Ope. Hejl Cost . Ian. 15 closed steady and sales t middling 26.75 middling after a weak opening during i admins receipts Sicot j which the Market absorbed a car Vover of Selling orders prices i new Orleans. Jan 15 stiffened and held near or slightly la i 11 Orleans Cotton Kex Nanye hut reacted i Al Rove the previous closes Iro Mth e highs under Long out most of the session. At times the gains in soybeans ran to to 10 cent around 1h cents a Bushel some deliveries. May a. Corn which had been Selling new lows for the season in recent session attracted support at the lower prices and finished the Day with fairly Good gains nut wheat flipped near the end after main Taining advances through most of the session. At the close wheat Waer to higher Cornis to in. Or Oats unchanged to Low 1u High higher. Are. 34. I May 34 5h 34 a bid. New York. Jan futures no. F. I 1 sales 52 Eon mar. held. 35.63b 2 35.4111 21 14 52r j 1 34.1ib sied Una Hanoi a to hic co. Ian. Rny lower to 1 cents higher j Cor soybeans i i higher and lard cents lower to 1 rent higher per Hundred Points. Is when Tusaie Selling higher of per nf7w York. Ian n api Oil futures dosed 1 to 14 lower i Packer Label chum Salmon Stokley Tomato juice Iris Long Grain Rice Libby country gentlemen Corn can inc fancy All vegetable Premium shortening breaded shrimp 65c or. Frosty breaded oysters 93c French Fried c potatoes 9oz. Local grown red delicious Large Crisp celery i Plee zing pie cherries no 2 29c Plee zing Cut Green Mot Tina 11 Plee zing Cut Green or d 4fl3 Fri aim Beans 303 can special pack Johnson Wax Glo coat pints quarts t. V. Special jewel Oil quart palmolive Reg. Size palmolive size 2 for 29" Cashmere bouquet i Octagon soap i. A a. Reg. Size 79c Pink liquid Reg the friendliest stores in the pee Dee Hemingway s. C. 1325 Cherokee Road Carolina drive Hartsville 491 West Cheves St. Lake View s. C. 714 Gregg Avenue Palmetto St., five Points we Reserve the right to limit quantities

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