Oil price wars may end under fair trade pricing trend
Esso Standard Oil joins Gulf Oil in setting retail fair trade prices to curb discounts amid ongoing price wars. Independent stations may be affected as majors study the move. Motorists could face higher prices as stocks and competition adjust, with further industry-wide implications uncertain.
MENTIONED IN THIS ARTICLE
Esso Standard Oil
Gulf Oil
Texaco
Pure Oil
American Oil
Phillips
Esso
Gulf
Miami’s settlement history from 1567 to 1836
The article notes Miami Florida was explored in 1567 but saw little effort for a permanent settlement until 1836, highlighting the gap between initial exploration and sustained habitation.
MENTIONED IN THIS ARTICLE
Miami
Fla
Stock Market Week Ends Mixed With Lull In Volume
New York AP stock index held at 223.70 for the week as volume fell to 13.13 million shares, the lightest since August 1958. Traders cited extreme caution awaiting lower prices or a new upward shift while 654 issues declined and 587 advanced. Notable gains included Lukens Steel up 7 percent and Polaroid 8 percent among winners.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Lukens Steel
Polaroid
Texas Instrument
U.S. Steel
Thiokol
Raytheon
Southern Pacific
Carpenter Steel
Lorillard
Government Bonds Show Second Rise
U S government bonds rose for a second week though gains were small amid thin trading. Corporate securities drifted lower on lighter turnover while investment grade corporates advanced and utilities and foreign bonds fell. Rails and Industrials held steady as volume on the NYSE declined compared with the prior week. Pennsylvanias income relies heavily on coal and steel, with much land devoted to farms.
MENTIONED IN THIS ARTICLE
New York
U.S
New York Stock Exchange
Security quotations as of June 18 1959 market guide
Unofficial bid and asked prices compiled from the National Association of Security Dealers and other sources. They show approximate ranges where securities could have been sold or bought at compilation time. Origin of each quotation available upon request.
MENTIONED IN THIS ARTICLE
National Association of Security Dealers, Inc
Farm Aid Doubts Rise In Washington Officials
Washington AP report notes unease in Agriculture Department offices over the potential end of federal farm aid programs. Officials cite long tenure since the 1930s and fear for small farmers, while acknowledging Eisenhower’s stance amid Democratic gains.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Congress
Stress on human element in textile industry leaders say
MYRTLE BEACH S C AP The Southern Textile Association wrapped up its 51st annual meeting stressing the human element in employee relations. Outgoing president Walter Vincent of Danville Va warned that the industry's greatest asset is the people who man the machines. Vincent was succeeded by Joe N Jenkins of Pelzer as president with Robert M McCrary of Tarboro NC named vice president W B Etters of Spartanburg chosen second vice president and Jack Kissiah of Charlotte reelected secretary treasurer. Fabric designer Robert E Fatherly urged Hawaiian prints gain popularity after Hawaii statehood approval.
MENTIONED IN THIS ARTICLE
Myrtle Beach
8.C
Walter Vincent
Danville
Southern Textile Assn
Vincent
Joe N. Jenkins
Pelzer
Robert M.mccrary
Tarboro
N.C
W. B. Etters
Spartanburg
Jack Kissiah
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