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Newspaper
Monroe Morning World
Location
Monroe, Louisiana, United States of America
Date
Jun 10, 1961
Page
8
Cattle sold 721 head with ranges for slaughter and stocker cattle. Hogs 106 head sold with price bands for various weights. Poultry and eggs also reported with broiler prices around 11 cents and egg case prices in cents per dozen.
Butcher hog prices edged up 25 cents on Friday led by weights over 270 lbs. Trade active for 5,000 head with 200-220 lb No. 1 and 2 at 17.25 to 17.50, 190-230 lb mix at 16.75 to 17.25, and 200-240 lb mix at 16.25 to 16.75. Heavy hogs to 14.50 at 300-350 lbs, sows top at 14.75, and choicer weights sold around 22.75 and 21.75 for over 1,350 pounds. Sheep lambs steady at 20 for prime and 18 for good and choice.
Liquidation dominated Chicago grain trading with all Board of Trade prices weak. July soybeans fell about 1% for the fourth straight day, closing around 2.78 to 2.77 per bushel, with Corn Oats Wheat and Rye also easing as selling intensified in late session.
New York stock sales figures show approximate final Friday 3 520 000, previous day 3 810 000, week 3 667 480, month 4 843 390, year 2 940 060, two years ago 2 579 300. January 1 to date 525 631 673, 1960 to date 344 647 106.
Cotton futures ended Friday 30 to 80 cents a bale lower as nearby July contracts liquidated and hedge selling increased. Spot markets in the South were quiet while New Orleans prices showed declines under limited weekend selling.
Sales, closing prices and net changes list the 15 most active stocks in New York with Am Viscoce Avco Corp Unit Fruit Lockheed Martin Motors Celanese Brunswick Sperry Rand Raytheon General Electric Outboard Marine Gen Dynamic Standard Oil of New Jersey Royal Dutch Gen Tel and El and Advanced Decline appearing among the movers.
UPI reports the Dow Jones industrial average ends at 700.90, down 0.79, with the rail index at 143.93 off 0.19 and utilities at 113.77 down 0.34 as total stock transactions reach 384,300. Bonds close lower while the commodity futures index stands at 145.65.
Monroe police investigate the theft of a 24 inch C Higgins bicycle reported Wednesday by Earnest Smith of 308 S 17th Street Monroe. The bike with white sidewall tires electric horn light and front and rear luggage carriers was taken between 6 and 7 p.m. on Wednesday.
Tele prompter Corp buys three community antenna systems in California and Oregon for over 1 million dollars. Spartan Corp wins a 1.2 million dollar sonobuoy contract. Hewlett Packard to build a 1.5 million dollar plant near Denver. Beatrice Pocahontas Co formed to mine coal near Grundy Virginia employing 400 with 1.2 million ton annual capacity. General Instrument lands a 4.09 million Air Force contract for portable microwave sets. US passenger car production up 48 percent week over week, Detroit. Avicel dietary additive plant planned by American Viscose. June retail sales mix shows minor year-over-year changes. women's apparel and new cars up, appliances sluggish.
Stocks mixed with early rise fading amid irregular bonds and quiet trading. Cotton falls on liquidation and hedge selling. Wheat and corn slide in Chicago with liquidation in corn and oats. Soybeans mixed as July weak. Hogs steady to 25 cents higher top 17.50. Cattle slaughter steer supply tight for a market estimate.
A Wall Street broker notes caution and possible mild selling as the market hesitates. A. M. Kidder & Co cites seasonal factors, lower steel output, and price cuts in copper and steel. Others see consolidation near a peak and potential for an upward move, despite political unease from the Kennedy Khrushchev talks.
The assistant traffic manager for Olin Mathieson in West Monroe Jack Dyer was installed as president of the Delta Nu Alpha Transportation Fraternity Monroe chapter at the Cameo Room Virginia Hotel banquet. Officers include J H Rogers vice president John Gooch secretary treasurer and directors Lawrence White and Chuck Baggio. Nine members received traffic management course certificates including Tom Stipulkosky Lawrence White Charles Elliott H Powell Charles Russell Oliver Carroll E L Roberson Chuck Raggio and J A Thames.
A 19 year old escapee from a West Monroe prison work detail was recaptured by Monroe police under two hours after escaping. Allen White, 19, of Monroe, fled from a work gang around 2 p.m. and was arrested at 3:50 p.m. He was returned to the West Monroe jail and charged with simple escape. White was serving a 120 day sentence for driving while intoxicated and indecent exposure, convicted May 29.
U S Ambassador Edwin O Reischauer will travel to Washington to arrange a rendezvous between Japanese Prime Minister Hayato Ikeda and President Kennedy. Ikeda is due in Washington June 20 for a six day official visit.
The New York stock market ended the week with mixed results as activity dwindled to 3.52 million shares. Major movers included Crown Cork & Seal gains and Max Factor, Helene Curtis, and Revion up, while large losses were limited to Houston Lighting. Dow Jones fell 0.79 to 700.90, S&P 500 down 0.01, and Amex mixed with 1.7 million shares traded.
Robert H. Easterling, local attorney, was elected to the board of directors of People's Homestead and Savings Association at Monday's meeting announced by president O A Easterling. A LSU Law School graduate, he leads the Fourth District Bar Association, sits on the Louisiana and American Bar Associations, and serves on the United Givers Fund of Ouachita Parish board. He and his wife live at 2002 Riverside and attend Grace Episcopal Church.
The body of Jereline Lawson 14 of Monroe was recovered about 1 p.m. after the boat she rode in sank in the Ouachita River. A 17-year-old sister Shirline Lawson remains missing as divers search seven hours after the incident.
At Louisiana Tech Ruston six freshmen with top math placement were named by Dr. W B Temple. They are James N Parks El Dorado Margaret Ann Norris El Dorado Robert D Simpson McGehee Ark Lita M Tugwell Farmerville John H Maxwell Ferriday and Eugene H Lowe Mine. The high scorers receive automatic credit in algebra and trigonometry and may complete calculus by end of freshman year. Over 130 freshmen sat the tests this summer.
Ruston Arcadia set to begin color photo license procedure Monday July 12 Col M J Roden director of Public Safety announces a camera will operate in the State Revenue bureau on the Court House ground floor Applicants get a receipt after the license application and the photo is mailed to Baton Rouge for development not sent directly to the applicant
Transfers list multiple parcels with buyer and seller names, subdivision descriptions, and prices. Notable entries include Federal National Mortgage Association to Federal Housing Commission for $10,523.02 on Lot 31 Unit 4 Kiroli Woods, and Community Homes Inc to James Albert Godwin for $13,500 in Pecan Grove Subdivision. Other transfers involve Epsteins Addition Swartz, Humphries Airport Addition, Richmans Subdivision, H M Williams Addition, Sherwood Forest Subdivision, Green Acres, and Greater Monroe Homes entities along with individual buyers.
The Louisiana Annual Conference of the Methodist Church has named a 28 man board of trustees for the new Glenwood Hospital in West Monroe. West Monroe trustees include L. A. Branch A. O. Evans W. H. Flemings Judge Jesse Heard Tom Hicks P. B. Mangum Rev. A. T. Mitchell F C McConnell John McCormick Harvey McDonald Rev. Earl Emmerich chair of the hospitals and homes board Fred Riser R. G. Taylor Rev. Don Wineinger Hugh Balfour Fred Bennett Dr Hugh Bradshaw Charlie Chisholm George Wylie. Monroe delegates Kent Breard Tom Fraser Tommy Pitts G A Vaughn. From other Louisiana points Archie Bridges Columbia W D Cotton Rayville Donald Fiske Oak Grove Rev. Douglas McGuire Ruston Bishop Aubrey Walton New Orleans.
Joan Blondell 51 in St. John’s Hospital Santa Monica Calif after ruptured lumbar disc. She is described as very comfortable and expected to return to work Monday after leaving the stage production Bye Bye Birdie on Wednesday.
In the Monroe district the majority of Methodist pastors were returned to their current appointments for another year. The announcement came at the recent Methodist Conference in Shreveport. List includes district superintendent George W. Harbuck Bastrop First Luther L Booth Memorial W. E. Nolan and many others across multiple churches and circuits.
Wisner resident Heckary Barlow 24 was seriously injured when his pickup overturned on Highway 875 five miles west of Wisner. Barlow, first taken to Rogers Clinic then Conway Memorial Hospital, was eastbound behind Wilton Hoggatt 42 who swerved to avoid a parked truck. Hoggatt was charged with improper passing. Barlow’s truck damage estimated at $1200.
Defense for Troy Bland Cade head of the Monroe black supremacist group obtained a trial postponement to June 23 in district court. Cade, 30, was indicted for criminal anarchy and flag desecration after a previous municipal court conviction. He remains jailed in lieu of $12,000 bond while his attorney cites lack of contact with the group’s chief counsel.
Cudd Boamer Pickett, 59, of Bastrop, died Friday in an Alexandria hospital after several months illness. He was the brother of Leon Pickett of Monroe. A retired United Gas Co. employee, he farmed and raised cattle in Morehouse Parish since birth. Funeral services will be at Loch Arbor Church on the Old Monroe Road under Blackwell-Golden Funeral Home with burial in the church cemetery. Survivors include two daughters, Mrs. Curtis Menefee of Shreveport and Mrs. Fred Rinehart of Kirksville, Mo.. five grandchildren. two sisters, Mrs. Elma Hart of Loch Arbor and Miss Ethel Pickett of Bastrop. Pallbearers: Lee Tarver, William Lawrence, Charlie Shannon, D. L. Brown, Albert Spillers, Jack Walker.
The Louisiana Horological Association convention opens here today and runs through Sunday drawing watchmakers and families from the state. A banquet in the Green Room of the Penn Resort Hotel leads to a dance with Roy Brennan's Blue Notes featuring Joanie Lee and Ray Carroll. Registration starts at 9 am in the lobby. Rev. George W. Harbush will be banquet speaker and Roy Formby of Homer directs convention sessions.
Pravda and other Soviet newspapers printed the full text of President Kennedy's Vienna summit report, a rarity in Russian journalism, signaling official disclosure of the meeting details.
Three people were fined and one bond forfeited in West Monroe city court yesterday. Five were released after charges were withdrawn. Mae Johnston 49 received 25 dollars for simple battery. Etheleen Worthen 44 fined 10 dollars for reckless driving. Abe Fields charged 24.50 dollars for operating without a valid license. Sara Mayo 43 forfeited a 3 dollar bond for a U turn.
The Monroe District Methodist Music Association hosts a choir clinic at Southside Methodist Church 1623 S Fourth St Monroe from 9 a.m. to 4 p.m. A business session follows. Instructors include Florence Z Albritton Earl Redding and Irvie Lee Temple with a hymnology class and a children’s choir directors class. Dinner will be served to attendees.
Census Bureau reports family money incomes rose about 200 to reach at least 5600 for half of all families in 1960. The gain translates to roughly two percent in purchasing power due to price increases. For full time workers, half earned at least 5400, an extra 200 over 1959.
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