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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Oct 13, 1955
Page
2
Report from Peiping says Premier Chou En Lai informed the British that all Americans in China have the right to leave. The Peiping broadcast noted 47 Americans were allowed to go free while 19 others faced criminal accusations and were under examination by Chinese legal authorities.
In the Northwest market area the market is weak and demand is light for broilers and flyers. Prices around 22 cents f.o.b. farm. Engines for aircraft were advancing, with steels and motors supporting the aircrafts but losing advantage late in the day.
The New York stock market rose for a second session with gains of 1 to 2 points at the top and some losses to a point as late selling cooled the rally. Volume was light at about 1,900,000 shares, unchanged from yesterday when prices were higher. Aircraft contracts boosted activity as Pan American Airways awarded a 45 jet transport contract to Boeing and Douglas with United Airlines.
Chicago prices hold steady as live poultry remains steady on hens while caponettes and young stock hover near unchanged. Receipts reach 694 coops. butter and eggs show mixed to higher bids with large whites and standards firmer. Butter prices rise up to 14 higher, egg checks steady as receipts total 9,761.
The procedure and results would be reported to Con O'Neill, the British charge d affaires acting as U S representative in Peiping, while the United States did not yet recognize Communist China.
Cotton futures showed initial firmness in New York trading before turning irregular as hedge selling by spot firms and profit taking weighed on prices. By late afternoon the market finished 45 cents higher to 30 cents lower from the prior close with Dec at 2.44, Mar at 31.34, and May at 30.86.
Soybeans showed early strength on the Board of Trade with a later pullback and partial recovery. Wheat closed roughly steady to down, December at about 2.05 per bushel, corn prices not fully specified in the fragment.
Rev. Edmund Pendleton accepts a call from First Christian Church in Stuttgart Arkansas after two years and four months serving Hope Christian Church. He cites a larger challenge in Stuttgart and moves with his family on November 1. Pulpit committee named Frank Rider Raymond Robins Luther Hollaman Robert Gayle.
Former President Harry S. Truman accuses the American Legion of going haywire as it urges Congress to abolish the U S National Commission for UNESCO. The Miami convention resolution passed by a large vote.
The report lists commodity quotes with December prices for oats soybeans and wheat and corn grades. It shows No 2 yellow corn at 1.2644 and old No 2 at 1.30, oats values, soybeans around 2.35, and barley malting 1.30-1.40 with feed 0.87-1.01, reflecting market levels and quality distinctions.
At St. Louis Stockyards Illinois hogs and cattle markets show varied prices. Hogs ranged with Nos 1 2 3 weights 190-260 pounds mostly 15.00 to 25.00 while sows and boars traded down to 8.50 on lighter boars and 11.50 on very light sows. Cattle and calves steady with yearlings 18.00 to 23.00, cows 10.00 to 13.00, bulls 11.50 to 13.50, calves 7.50 to 18.00, prime heads up to 27.00. Sheep markets steady with lambs 18.5 to 20.0 and ewes 3.00 to 4.50.
Truman and naturalist Beck discuss the bald eagle’s decline across Alaska, Canada, and the eastern U S. Beck cites only about 8 000 eagles east of the Mississippi and warns that conservation may come too late to save the species. He recalls the passenger pigeon’s extinction as a warning and laments the symbolism of the eagle on the dollar bill.
Stocks rose further in early trading led by aviation shares and Du Pont as Pan American orders boosted Boeing and Douglas. Railroads strengthened while steel shares slipped from early highs and overall volume ran around 1 million shares in three hours.
Farmers among oils with Houston Oil up 214 points to 12244 Phillips Petroleum gains 7 percent to 75 Royal Dutch climbs to 773 Gulf Oil advances 34 to 812 Texas Co up 15 to 105.
The Mississippi River borders Chicot County to the east and his Lake Chicot, an 18 mile long old river channel, recalling how Columbia once served as county seat before being washed away by the river years ago.
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