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Monroe Morning World in Monroe, Louisiana

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Monroe Morning World

Location

Monroe, Louisiana, United States of America

Date

Jun 03, 1956

Page

6

Eros Test Above 10,000 Feet In Ouachita Parish

Gulf Refining Co. E V Waller et al No 1 wildcat in Ouachita parish near Eros reached 10 028 feet with plan to test upper Cotton Valley interval around Cadeville six miles east northeast of the site. Deepening to 11 500 feet if upper interval fails. Four new wells and eleven new locations listed by Louisiana Conservation Department in Monroe district.

Gulf Refining Co E. V. Waller Et al No. 1 Wildcat Ouachita Parish Eros Cadeville Travis Peak Cotton Valley E. V. Waller Monroe State of Louisiana Department of Conservation Tullos-Urania LaSalle Parish Ora Union Parish Caldwell Wildcat Nebo Oil Co. Inc Nebo FE. Holt Murphy-Sun J. EB. Holt South Delhi Murphy-Sun J. E. Holt Lamar E. M. Carpenter G. W. Collier E. M. Carpenter Myrtis Richardson W. H. Hunt Et al Nebo Oil Co Et al Justiss Mears Oil Co Webb Placid Oil Co Little Creek Nebo Fee Olla Monroe Geller M. T. Sills Tullos - Urania Arkansas Fuel Oil Corp Urania Lumber Co Arkansas Fuel Urania Lumber Co Glen D. Lee Bert Lee Urania Co. Ltd Glen D. and Bert Lee Urania Lumber Co. Ltd Waldron Oil Corp Trie Oil Co Ouachita Wildcat E.V. Waller Rapides Wildcat E. F. Neely and Jett Drilling Co Joseph B. Smith Richland Big Creek Marlutex Corp Delta Delhi Murphy-Sun Oil Co Federal Land Bank Tensas

Stocks Rally To End Week On Small Gains

New York stock market ends the week with a slight positive tone after a Tuesday rally that boosted the Associated Press average of 60 stocks by 1.20 to 178.60. The gains followed three weekly declines and came ahead of a Memorial Day holiday. The Tuesday advance stood out as the strongest performance since September 5, 1939, four days after Germany invaded Poland and the U.S. declared neutrality.

New York Wall Street Associated Press Poland United States The

Cotton Futures Follow Narrow Course In Week

New York June 2 Cotton futures traded with narrow moves finishing mostly steady to higher. The December contract posted a 40 cent loss while other contracts gained up to 1.30 a bale as favorable Washington news and bullish soil bank outlook supported prices. A mid May parity gain and potential loan rate improvements were cited along with delayed surplus export offers boosting optimism.

New York New York Cotton Exchange Washington Department of Agriculture New York Cotton Exchange Service Bureau Soil Bank Farm Hill Benson

Week In Finance Sees Upturn in U S Consumer Buying

New York reports businessmen expect a consumer spending upturn as retail sales show signs of revival. May Department Stores and Macy's directors forecast rising sales and profits, while auto and home appliance cutbacks and housing lag weigh on outlook. Steel production remains high due to stockpiling, with wage and price pressures anticipated. Car output drops and inventories remain high amid cautious forecasts for mid-year.

New York Morton J. May May Department Stores Co May Wheelock H. Bingham R. H. Macy & Co Bingham New York Stock Exchange

Also Mentioned on This Page

Gatahoula Wildcat David Crow Central Mineral Durbin Bond Co. Inc Davis-Ford E. C. Wentworth H. R. Haynes Concordia R. A. Campbell Fisher William G. Helis Museum of Arts Et al Fisher Lumber Co Jett Fisher Lumber Co Norton Oil Co Miller Drilling Co Madison Oil and Development Co Sinclair Oil and Gas Co Sharp Stricker E. C. Wentworth Fleming Franklin Wildcat D. A. Biglane Stricker Fisher Lumber Corp Jacoby Tri-State Drilling Co Penrod-Jarden Locust Ridge the Atlantic Refining Co R. C. Lowry No Carter Oil Co. Jones Drilling Carter Oil Co M. Mitcham Et al Monsanto Chemical Co Grover Feazel, Anderson and Monroe Drilling Co Ford Feazel, Anderson and M. W. Montgomery Hill James A. Noe al R. E. Harrell Olin Gas Transmission Corp Fee Gas United Carbon Co Frost Lumber Industries Union Power Co United Carbon Co. Union Power Co Tom Swift, Jr Bobbsey Twins Chip Hilton Nancy Drew Books For Dano Girls Judy Bolton Rick Brant Hardy Boys Ford Levi Stationery Co Grand Desiard Cotton Belt Federal Reserve System U. S Louisiana Elon 802 North 3Rd St Eratio Iit Keystone Paint & Decorating CO Olive Streets Monroe, LA LA
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