Florence Morning News Newspaper Archives Jul 19 1955, Page 11

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Florence Morning News (Newspaper) - July 19, 1955, Florence, South CarolinaTuesday morning july the Florence morning news Florence s. C. Final Market reports Page 11 financial new York. July 18 Ufa a quiet decline today took the Stock mar Ket moderately lower. The fall in prices pressed against Ai Cratts and steels More than any other major division but almost All were lower. Motors withstood Selling pressures until just before the close and ended mixed. The associated press average of 60 stocks were Down 50 cents at the average was up 60 cents on Friday. All three components of the average lost ground 80 cents rail roads 60 cents and utilities 10 cents. The Market was the narrowest since late in May with Only individual issues traded of which 403 advanced and 524 declined. There were 46 new highs for the year and 18 new lows. Volume came to shares is against Friday. Avo mfg. Was the Day s most Active Issue up at 7vi on shares including a Block of thares at it was followed by International Telephone up at 29vs, Sperry Rand off at Chrysler off i at and general dynamics off 2v. At 52vi. A mixed reception greeted the announcement Over the weekend of plans for a merger of Seeger r Friger Ator Whirlpool corp., and a subsidiary of radio corp. With Ria and Sears Roebuck to have a heavy interest in the new com Pany. Whirlpool lost at Seeger up Vuk on Friday was Down a Point at 5. Ria was up at 50 i and Sears was unchanged at allege chirp or Lockheed a Al Che Maidye 1125ft Loews inc Allis Civ mfg Lorillard p am All 26tfe Lowensten k s 24 pc am can Mckessy n 411ft am 51% Mont Ward 80% 1b6i-s Nat Bis am Toh not Cash Reg 42 Anaconda cop not Dairy 42m, Arm co Nat Hist acl 48 Nat Unen 12 All Rof 38u by cent 47 Avo mfr no am Avia so of Baldwin l 14h no Pac b 0 48miohn math 60 Bendix Avia 50li Owens c fib Boring Airl i Aram pict 331 warn 4s Penney a g Budd co 217 n Penn or 3r Burl Indus Pepsi Coin 23v. Bur add much 31 Phillips pet 72 i Campb. Soup 39 .4 Pitt Cannon Mills of Fivi proct Gam 102 car p of l Pullman co 6fi Case j 1 17afc pure Oil Ami Ca Terpil trac s.h4 radio corp corp Heck is urns 16 i chs pc o ,117 b he pub Sll 4fisl Chrysler corp Al Al r Kenn urls n 47 i cola 140i.ii Seah Al or in credit 54u Sears Roeb Lotfi Socony vac 79m Sou car 2h a Southern co 45 in son Nal Gas .1-1 a 19 a Sou i no 34 a Sou by 95 Ciai Sid brands is i 54tt std Oil Cal 91v a Lii Sid Oil Ali 5th Slevins .1 p Stewart War Swift co 52 i tax co Inyim 423-i to Elron corp 44 c Fox 29ti 10 in Carbide 9fvb in Pac 364 unit airline 4c 1255ii unit Aire unit corp 6-lh 641-ii unit fruit 39 unit Gas Imp 3h is rubber come sol cons de is cont can Corn i Rod Cruc St cur Wright curl Wriight a air chem punt East Airl Eastman Rod Krie or firms me rub Florida pm Frisch tra Fern Bak co vac Gen foods Gen Mot Glidden co Goodrich rub got Lycar rub 58 bus Gallt Mobil us steel 53u Gulf Oil 84wi Van ail corp Harv Vic a chem min itch a car chem paper Warner pict t t Wesson ots Loans Man Fri i West in 24 i Kennicott cop 117u West Al Kresge is 29 Wiite sew m 10m lib me lib 1714 Wool f w 49 k Lieg to m c534 Young sh4-t markets at a glance new York. Only 18 iad lower Selling in steel and air Bonds mixed governments ease. Lower liquidation and Trade baying. Pome Mill buying. Weak new lows Good crop pros easy new lows sure. Oats easy one lows tire. Soybeans firm other months easy. Hogs Down 25 to 75 cents top steers steady to 25 cents Down top 526.00. Stock averages compiled by the Adsorb lated prom 30 is 15 incl. Rail week Aeo 2148 135.6 month ago 234.7 ago 1752 19.u High 2472 1955 Low 203.1 1954 High 211. 9 195-1 Low 143.9 hedging pres hedging pres ulily. 74.0 1v5.3 1.t6.5 7.1.5 171.3 62.9 130.2 746 176.4 672 1488 68.3 1.15.5 55.4 108.0 975 1391 114.9 123.0 77.8 Cotton new York july 18 i Fly Cotton futures closed 5 to 60 cents a Bale lower today. Trading was slow with the mar Ket nervous reflecting Uncertain ties among traders Over the Washington Cotton policy. The Market started off lower on liquidation and hedging rallied to gains of As much As do cents a Bale during the mid session and sold off toward the close on renewed liquidation. Most of the buying was attributed to professional Short covering. Mill operations in Fugures were limited. The Selling in part reflected re ports that Congress May pass some Cotton Bill this session in particular the Eastland Bill which would permit the Sale of government owned surplus Cotton at current Market Levels to Domestic Mills and for Export purposes. Currently such sales for Domestic use Are restricted to not less than 105 per cent of the support Price plus carrying charges although govern ment sales for Export purposes Are now permissible at the world going Market level. In Tenn futures developed renewed weak less Tov Vord the. A loft As Niel my support. Futures closed 5 cents to 60 cents a Bale lower than the previous close. Open High close . Ort.33.7fi 33.88 33.70 33.70 dec. Q .33.fl2 34.07 33.91 33.h5 34.02 33.91 33.92 May 4.03 34.14 34.03 34.04 1 july. 33 to 33.gl 33.42 33.44n 4. Oct.33.1r 33.41 33.18 33.20 cc.3.14 33.33 33.10 3.12 4 middling spot off 15. New Orleans july in average Price of middling 15-1c Inch spol Cotton at 10 designated Southern spot markets today was 50 cents a Hale lower at 33.65 cents a Pound previous Day 33.75 3rd 33.94 month ago 34.10 year ago 34.50. Average for the past 30 Market Days l13.76 middling Inch average 31.40. Hie 15-16 Inch average at 14 Southern Market i 33.55 Inch average 31.31. Sales new York july 18 Cotton textile Market was steady although generally quiet today. The trend toward higher prices was evident in several directions. One leading today raised prices a i ends a Jird or re Iiams. Producers of wide and broken wills were reported to Lave increased prices one cent a Yard. This follows recent firming tendencies in such lighter weight fabrics As sheeting drills and wills. In Wool goods for the Spring were fair. Iju yers still implies from Mills. Orders for Rayon cloth is Leno ight. Fed Complete cottonseed Oil new York. July if Coton sred Oil futures closed 6 to 16 lower. Sales 23 contracts High close 14.71 14 4.fifi 14.20 14.18 14.20 14.24 14.74 14 24 14.22 14.22 14.17b 14.19 14.18 14.18 bids oct 14.32. Sep cd Ian much May bid. New Orleans Only 18 Cost d steady 50 cents a Bale lower. Sales Elow middling 30.10 middling 33.50 Good middling 33.00 receipts none Stock new Orleans july 18 usurps advanced Early Here today Hul reacted downward later under Long Caliz no and hedge Selling. Closing prices worn Jart by steady 15 rents to 45 rents a Halo in vhf. Open High close . 33.85 3.1.72 33.74 4 dec.33.95 34.05 33.91 33.93 5 mrh.4.04 34.11 33.39 34.00b 3 May .34.05 34.15 34.00 34.03b 5 jly.3.1.52 3.1.11 33.42b 7 .33.23 33.42 33.18 3.17h s dec.3.21 33.34 33.21 33.1b 9 Complin net change monday Prev. Day week Uro month Aeo hich 19s1 Hiah Bono rails .1 99.0 99.fi 10 in ind. 10 110.0 94.2 33.5 9b.5 9r.4 100.4 97.- 97.6 97.fi 99.8 100.1 97.2 100.9 . -.1 s.i.7 103.8 8ft. 7 101.0 r6.fl bii.3 103.7 r1.2 10fi.7 8s 5 10c.3 103. Iraa Benjamin Franklin said a Penny saved is a Penny we usually misquote a Penny hither Way the ref Izilar buyer of uni cd Stales savings Bonds is heeding the that Wise american. By for Assoc Laird Pron port movement new 33.50, stocks 079. 33.0o, stocks 516.673. Houston middling 33.05, receipts sales 4.670. Stocks 604.014. 33.95. New 34.45. Stocks 568. Middling 33.00. Hales 601. 32.70. Sales 296. Greenwood 33.75, sales 401. Greenville . Middling 33.70, sales 36.1. Minor 17.442. 2.b52. Sales mocks .2b5.395. Total week to receipts 25.293, exports l8.fi66. Tola for lords Interior movement 33.75, receipts 2.396, shipments sales stocks 676.119 Augusta middling 34.45, sales 249, stocks Little Rork middling 33.65, sales 2ig. Stocks 117.765. 32 m. Sales 3.212. 34 it. 72. Atlanta middling 33.9j, 511. Total fun Chi pts 2.196. Shipments 4.9.11. Murks he had to sneeze into cops Auto Flint. Mich. July 18 Charles Simms 22. Sneezed today and in was costly. When he looked up. There was a police car right in front of him. The cars collided caused in each. In addition two officers in inc patrol car were Hurt. One suffered a broken Arm. And Simms rot a ticket. Bonds new York. July 18 Road and convertible issues higher in an in Gular Bond mar Ket today. Some Iron curtain Dol Lar Bonds were in demand As the big four talks got under Way at Geneva. U. S. Government obligations were lower. Volume of Bond transactions on the big Board Par value with Friday. In the foreign list some Ger Man and polish liens Rose sharply. Japanese Bonds were mixed. What the stocks hid new York. July Man. Advances declines unchanged issues new 1055 i new Litfy lows pm restock Chicago july 18 a drop of 23 to in Butcher hogs sent the top to a new Low since May 25 at today. This was paid for one Short deck. Most 190 to 260 Pound butchers went at to with 270 to 300 Pounders at s16.50 to s17.75. Scalable receipts totalled 11.000 head. In the cattle Section where Sal Able receipts totalled steers sold steady to 50 cents Down. A few prime loads reached to ?2g.oo. Cows held steady at to for Utility and commercial and to for canners and cutters. Columbia. July in Smith Caro Lina i Irkel news Pivic a of Fly Cohlmia state in Melv in rect Supply in Likel to establish prices. county farm fit Market a a sj7ps 10. Watern Jon at Allendale and nearby shipping Points saturday mar kit about steady Supply ample demand lightly. 1-layer congos in 36 foot cars. 2g-30 ibs i73.00-20n.00 a few at Inwer prices refrigerator ears 30-3j ibs 200.00 ibs up 250.00. Hartsville watermelons saturday 4-layer ibs 225.01. Ungraded ups Colu steady Supply adequate 28. Green vill i Lars fryers nos inns steady it with a f be. Demand fair. I rain prices id f . Florence 1.7s. No Wherry , Oranzel urk 1.70, Spartanburg 1.ro. No 2 win or Columbia 2.00, Andersnn 2.02, clip raw Kasto Vrr . Still 2. Of Flor politicians will resort to pump advice of priming As Long As there is any prime. Wishing Well Regis tired u. S. Patent pm of. Here is a pleasant Little thai will iric you a every Day. It is a Pule do Sikand to spell out your Fortune. Count the letters in our first if inc number of letters is g or Tnora subtract 4. If inc i less c. Add 3. The result is your key number. Start at the upper left band Corner of the rec tangle and Check every pne of your key numbers icel Loschl. Then read the message the idlers under Ibe checked figures give you. Corr Takt 11jj. By Willum i. Miltzt. Dunn Lulad by hint Roth let. L by Pica. Reaction of theism year Vivanna set if me a spell thet psych o Dur n j. Lion Paw mouthwash Tiow do it work Well have him married in a week.? Grain Chicago. July 18 Oats. Rye and most soybean futures Sank seasonal Low ground i Der persistent Selling pressure on the Board of Trade today. Wheat closed unchanged to j higher Corn 1 to 2 cents lower. Oats lower Rye soybeans i a lower of i higher and lard to cents a Hundred pounds lower. All lard i lures also set new seasonal lows. Chicago. Jet to pm soon the tide will be Over Nour head Dunstrap that thing on noun Back and copter line mumbles How nuts Caw Vou get trying to fight with a Burden Uke that around sour neck swell of you now if All Tay friends would put their. Heads together we re bound to come up with two names Jerry will like and after an Mour of some think we Jerry and 1 finally gave up trying to name our. Of course nam1n babies aim t exactly in line zip us that soes per me too House approves new increases in old age act Washington. July 18 . House voted 372-31 today in favor 01 increasing social Security Bene fits for women and disabled per sons and raising social Security taxes 25 per cent to pay for it. There is Little Chance that the Termel fris saturday various varieties ant the punishment not that it out of my salary beat me any thing. But not that Why is Dagwood making such a fuss about it i thought the Boss let him off very easy comes when he gets Home and has to explain to his wife who he s late for for being late to work this morning Vou la have to stand both workers and employers Par steady 6ao.bl7 2 Days live poultry moderate. Tic Pating in the social Security pro Gram. Republican House leaders charged the democratic sponsored measure was being rammed Down our throats for political but Many cop members voted for it anyway. Opposing it on the final Rol Call were 23 republicans and eight democrats. A non controversial feature of the Bill would bring about 200.000 Rome july 18 Italy s left of Center Christian Democrat pre Mier Antonio Segni won a Clear Cut 293-265 Vole of Confidence in he chamber of deputies tonight. H was the first parliamentary esl of the pro Western con Ilion i r member that. This Here s Viris an that the eve fool town. Is like the Pitcher looks like i m in their. Way an i can t git or Rota the Way. , right or. Jes does wot she a yams. 60es Forward. Machine suddenly Swo Pep downward some As it carried him Ovik. Paris professional workers under social government which Segni Security including dentists and lawyers but no physicians. July 6. The Senate begins its de Bale on the vote of Confidence to Morrow. Bathers on Beach life insurance a Bank account. Ind n growing stack of United states savings Bonds Are three requisites of a sound personal savings plan. Resent this Snake Detroit july 18 it a Boa on i he Belle Isle Beach broke up a bathers basking today. An unidentified Man dropped a u. S. Savings Bonds Are a four and Highway to a brighter future constr Elor out let it Sliter Uttie Wolf Semos three or his deadly a into the enraged. Beast then he soes to Ste meat and carries him to the River. Help the nation the com Mumy the Thrifty Saver and family reach that destination. Across l owns 4.smahdailu 9. Snow runner 5.serpent 13. Permitted by Law 14. Fowl 15. 17. Kind or tree is. Relatives 21. Marked 25. Large 28. Resound 23. Turkish title Ujj. Artificial language j Odin 33. Cun Lino waiter All i want is Oher Don Terv it More than a minute and a half and dont turn it Over dont Fry it in fat just a Little bit of butter and dont break the Voke one pried egg t must be a solution of yesterday s Puzzle in is. Hid a i Lon i with italian Premier wins first test

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