Florence Morning News Newspaper Archives Nov 14 1957, Page 24

Low-resolution version. To view a high quality image

Start Free Trial
Florence Morning News (Newspaper) - November 14, 1957, Florence, South CarolinaFwu a the Florence Horning 8. C thursday morning november 14, 195t uncertainty rules Day at Stock Mart new York not. U Ian Ltd Stock Market moved uncertainly today co moderate volume with prices if leading issues mixed. Urc rafts and selected stocks Rose. The Overall statistics were a bit on the Downside and the associated press average of ran stocks hit a new 1957 Low for the second straight Day. Key stocks showed gains run Ning from fractions to around 2 Points. Losses were kept within Range of a Point or so. The Market was lower at the Start. Aire rafts perked up after Commerce Secretary weeks in Washington called for a step up in military and foreign Aid spending and a jutting of civil Ian programs. The associated press average of 60 stocks dipped 30 cents to with the industrials Down 20 cents the rails Down 80 cents and the utilities unchanged. Standard pc poor s 500-Tock Index closed at 89.55, minus .05. Of issues traded losers to tales 552 and gainers 337. There were 129 new lows for the year to new highs. Volume totalled shares with yesterday. Among the 15. Most Active stocks. State Market Columbia nov. U api South Caro Ina Market news service reports today Columbia state Farmers wholesale Market steady Supply Light demand Good. Apples 1.25-1.75 Green Beans 3.00 cab bag Good Quality collards 1.25 Mustard and turnip salad Sweet potatoes Good i.75-2.m, fair 1.25-1.54 cab Bage plants 2.00-2.50 turnips and 1.00-1.25. Orangeburg Houy Hill area Sweet potato Market steady Supply Light demand Good l90-2.00. Ungraded eggs co Lumblad area steady Supply adequate d Mand Good Large 43, me Flim 40, Small 30. Harts Lih Large 50, medium 43. Small 30. Greenville Large 5, medium 44, Small 30. Graded eggs wholesale Columbia Large 59, Melium 51, Small 40. Hartsvill 59, medium 52, Small 9. Greenville., Large 59. Medium 37. Poultry farm Columbia Broil ers and fryers steady Supply adequate. T Rose 8 fell and 2 were in hanged. Bethlehem steel was the most Stock. Stock averages compiled by tit associated press 30 15 15 10 ind. Bill. Slock hot change wednesday 1957 a Rev. Day week ago month ago tear ago 1957 High 1957 Low 1856 High Low allege .130.5 84.9l 6s.8 153 j of. .230.7 85.7 .235.1 87.9 .239.5 98.1 .258.6 133.1 .280.0 134.7 .226.0 85.7 .j7g.3 1s5.1 .244.0 1m.e 68.8 153.6 69.0 j56.i 70.0 161.0 72.2 178.8 77.5 183.8 66.2 150.9 78.9 us 69.6 171.c Al 70vi Lorillard p 2516 alus co mfg 25h Lowensten e 1194 am am 16h Mckessy k k am can 3714 Mont Ward am smelt t k 4014 Nat Els am Tob 72vi Nat Cash 1 a t pc t 16314 Nat Dairy Anaconda Cor 4454 Nat disc Arm t co 11h Nat Linen 39% acl All ret Avo mfg 514 no am ave. Babcock profit taking and hedging to show renewed rallying tendencies in late dealings. Final prices were 10 to 65 cents a Bale higher. Widespread Rains Over the cot ton Belt brought another surge of buying at the Start with gains at one time extending to a Bale. All current crop deliveries established new season s highs on this bulge. Later some deliveries dropped slightly under the previous close. The Market turned firmer toward the close As a leading spot firm resumed buying of March May and july futures in current crop months. The government weekly weather report on Cotton was mostly unfavourable As expected. The Doc reported that Cotton Loans in the week ended nov. 8 were Bales repossessions from the loan Bales leaving a net loan of Stock of 1957 crop Cotton on Bales. Dosed 10 to o cents Bale higher than the previous close open Lew. Close . 35.75 3s.60. 35.68 mar. .3s.67 35.82 35.64 35.69 2 May .35.67 s5.87 35.63 35.69 4 3 july .35.33 35.48 35.29 35.35 2 oct. .33.86 34.00 s3.81 33.98 dec.33.90 33.80 33.71 33.j7b mar. .33.79 33.79 33.79 33.87b middling spot 3s.80n no s. New Orleans nov. 13 futures advanced to new seasonal Boghs on current crop months earlier today but reacted downward later under Long realizing and increased hedge Selling dosing prices were steady 65 cents a Bale higher to Fiatt cents lower. Open .35.63 ,.35.69 35.12 35.66 35.60b----- .85.70 35.81 35.65 35.68 1 .35.34 35.49 3528 3s.s9b----- .33.68 34.04 33.82 33.97b 33.83 33.75 33.87b .---------------------------33.89b do. Mar. May Jim. Oct. Dec. Mar. High Low close . 33.74 35.61 35.6je 1 a by. Eek ago month ago ear ago 957 High 957 Tow 7b.i 78.5 78.7 81.6 82.8 78.0 new York nov. 13 a butter steady eggs unsettled poultry Liberal. Nov. 13 Cap titter wholesale Selling prices unchanged score a 59w44 92 a 59v4-v4 90 b 59-59w 89 c unquoted. Eggs wholesale Selling prices unchanged 44 higher 60 per or better. A bites 50-51 medium extras 41-41v4j ban Ard 43-45 checks new Orleans nov. 13 Cotton closed steady and unchanged. Sal 485. Low middling 27.00 middling 34.2 Good middling 35.00. Receipts stoc new Yolk nov. 13 sugar future no. Closed unchanged sales 7 contracts. Hoffa Clos .3.52 5.52 6.52 .s.i7 5.97 May a by. New Yolk. Nov. 13 api scattered sales of print cloths Broadcloth in sheeting were reported today in the co on textile Market. Mills new concerned Over the current Sharp Rise in raw Cotton prices attributed to unfavourable weather which is creating a tightening in the sup ply of desirable Cotton. Some Mills were reported to have raised Skong prices because of Hugber Cotton costs although their was no concert it signs of buying interest on the part it cloth users. Cottonseed of new Yolk nov. 13 Otto need Oil futures closed unchanged 3 lower sales 07 contracts. High Low dec. .15.83 15.71. 15.74 a. .15.72 15.61 15.65 a .13.62 15.51 15.56b y. .15.54 15.49 15.48b and b grocery shortening in. Carton 55c dozen 85c la. Sirloin tip roast 69c Turkey hens 35c la. Sirloin Tbone la. Round Steak 59c b ii Chuck roast in. 35c Rump roast. In. 49c fresh pork half or whole hams in. 49c fresh ground beef 3 ibs. 99c Boneless Stew 3 ibs. 1.39 Armour Star Bacon in. 49c fresh dressed . 29c grocery 1200 West Evans Street across from armory Swift s meat Sale Premium Bacon 49c Young Hen 8-12 in. Avg. Swift s Butterball turkeys in. Premium Franks rolled fresh pork Back Bone in. Sausage in. 49c Swift Premium baby beef liver in ii or Safe u. 8. Good Chuck roast red White Coffee i. Can drip Duke s pure salad dressing Swift s jewel quart 49 69 c Florida Juicy oranges Large Calif. Lettuce head fresh Crisp celery stalk Wesson Oil gallon 1.09 nescafe instant 6 of. Jar 99 c Swift s All Sweet na1isco Vanilla wafers.12 of. 33c Sunshine i to 37e Ultra refined 4 in 1 bleach deodorant soap Dulsey bathroom _ Margarine 29c dial 2 for 27c tissue 53c Clorox 19c 2 Reg. Size. Pound pkg. Planter s cocktail peanuts 39c 7 1-4 of. Can. Green giant tender 4 Roll pkg. Reynold s wrap aluminium deodorant soap dial 2 37c fool 2 Bath size quart Charmin table 2 boxes 25 it. Roll 29c napkins 25c 80 count sugar Ingleside pure Cane syrup giblets mexi Corn 303 can. Red i White Elbirta peaches 2% size Upton yellow Label Tea 1-4 in. Pkg. Limit one with grocery Purchase new foil wrap palmolive Cashmere bouquet i for 19c Pocahontas utile Princess peas 1 can 23c Pocahontas whole Grain yellow Corn 2 leans 3 5c peas lean 27c

Search all Florence, South Carolina newspaper archives

All newspaper archives for November 14, 1957

Browse