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Monroe Morning World in Monroe, Louisiana

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Newspaper

Monroe Morning World

Location

Monroe, Louisiana, United States of America

Date

Jun 16, 1956

Page

12

American Stocks Featured In Merrill Lynch List

A consumer oriented compilation shows percentages for stocks including Ark La Gas 18 percent Cuban Stl 18 percent Jupiter 24 percent Pac Petrol 16 percent Technicolor 11 percent Flying Tiger 10 percent and others such as Coastal Carrier 2 percent El Bond and SH 26 percent Del Gray Iron 3 percent and McDonald Aire 28 percent. The list is labeled as Courtesy of Merrill Lynch Pierce Fenner and Seane.

Am Marac Humble Ou&r Ark la Gas Intl Coastal Carri Jupiter del Gray Iron la Land&Exp el Bond & SH McDonald Aire Fargo Ol Pac Petrol Flying Tiger Technicolor Merril Lynch Pierce, Fenner and Beane Commonwealth Chicago Mills Delta Air MM Hie Gulf Inter Olin Rabid Southers Airw Southwest Gas Southwest Natural Gas Tenn Gas Trans Tex Easin Transm Texas Gas Trans Met

Markets at a Glance from Associated Press

New York trading steady and quiet on stocks and bonds. Cotton falls on liquidation and hedging. Wheat in Chicago expected to see larger receipts. old crop corn weak with new steady. oats and soybeans show small moves with July futures down. Hogs and cattle steady to weak with top prices around 17.40 and 21.50 respectively. Eggs and poultry show weakness, eggs down 1 percent and poultry unchanged to down 1.

Chicago

Dow Jones closes higher on broad gains across indices

New York June 15 Dow Jones averages end the day with gains across all major groups led by 30 Industrials up 0.39 and 20 Rails 0.10. Utilities rise 0.17 and 65 Stocks 0.19 as total stock transactions reach 175 500. Bond futures show minor movement with rails and utilities varying. Dow Jones commodity futures index stands at 154.66.

Admiral Corp Columbia Gas Kennecott Colum Carbn Lockheed Schenley Dist Com! Solve Loew's Inc Scher Corp Sears-Roebk Allied Chem Consol Edisa Louis & Nash Alum Co Amer Contl Mot Magnavox Servel Amer Airl Curtis du Pont E.I Motorola Sperry Tel & Tel Eastn Air National Stl Eastman Rad New York Oil Cal Emerson R & P North Amw Penn Texas UN Bag & Pap Benef Loan Gen Electric Penny Union Carbon Beth Steel General Mot Pepsi Cola Union Oil Philco Union Airs Blaw-Knox Goodrich Co Boeing Air Goodyr-T & R Phillips Pet United Carlin Borden Co Granite City St Pitts Cok Chem United Corp Borg Warner Greyhound Pullman United Gas Budd Mfg Gulf Ol Pure Oil US Rubber Canadac Il Central Radio Corp US Steel Carrier Int Harv'r Raytheon Mfg Warner Bros Case Co Inter Paper Repub Aviat Westing Elec Caterpillar Tr Intl Tel & T Republic Stl Western UN Ches & Ohio Johns Man O Revere Cp&b Wheeling Steel Chi Mil & St P Jones & Laugh Reynolds Met Woolworth Kaiser Alum Reynolds Tob Chrysler Youngstown New York Dow Jones

Cotton Futures Fall As CCC Sale Looms Over Market

Cotton futures slid 55 cents to 1.10 a bale amid liquidation and hedging after a narrow trading range. Traders eyed CCC export cotton bids and awaited results likely to be announced next week, with old crop July dropping sharply before partial recovery.

New York C.C.C Commission House California

New Orleans Cotton Fates Decline Ahead of July Notice Day

Cotton futures here eased under long liquidation and hedge selling ahead of the first July notice day on June 25. Prices closed steady to lower by 65 cents to 1.05 a bale with several contracts down. July and October maturities show notable declines. Spot cotton closed steady with mixed middling price levels and solid receipts. Average middling prices across Southern markets fell about 10 cents per bale from the previous day.

New Orleans N.C

Chemoil Plans New Orleans Refinery Plant

Officials of Chemoil Corp in New Orleans say they will build a $20 million refinery in the New Orleans area within 18 months. President John R. Tusson said the plant will process about 20 000 barrels of crude daily and employ about 150 workers.

New Orleans Chemoil Corp John R. Tusson Tusson

Ticker tape highlights on defense contracts and industry shifts

Representative Wilson advocates Convar division of General Dynamics to build an atomic powered aircraft plant by year end with a parallel contract for Glenn L. Martin Company. The Buidiene plant sale to Union Carbide faces disapproval by the House Armed Services Committee. American Motors plans a one week Rambler assembly shutdown in Kenosha Wisconsin, laying off about 3500 of 6000 workers. The chemical industry reports a booming market for air and derived products as oxygen use climbs from six billion to seventy one billion cubic feet.

Wilson California Convar Division General Dynamics Glenn L. Martin Company Louisville Union Carbides House Armed Services Committee American Motors Rambler Kenoshia Wis Electrical World

Naval Stores Receipts and Shipments Reported in Savannah

In Savannah Georgia today gum naval stores show receipts for turpentine 121 units and rosin none. shipments list turpentine 209 and rosin none. stock totals include turpentine 1 479 and rosin 46.

Savannah

Livestock Market Prices Chicago and Kansas City traders

Hog and cattle quotes from Chicago and Kansas City show steady to higher demand on barrows and gilts with limited supply. Cattle calves and cows are traded slowly with price ranges for utility and commercial grades and vealers, bulls, and slaughter calves noted. lambs and ewes feature small lots with steady to higher quotes.

Kansas City USDA U.S

Grain futures slip on Board of Trade as July soybeans drop

In Chicago trade June 15, soybeans lead declines with July soybeans down sharply while wheat and corn post fractional losses. Wheat July at 2.08, corn July around 1.50, oats steady to slightly lower with rye easing, lard futures also lower.

Chicago Board of Trade Today

Poultry Prices Steady to Mixed Across Chicago Market

USDA report notes live poultry steady on young stock with receipts 77,000 lb and coops 618. Prices unchanged to one cent lower for heavy hens 21 22 percent and caponettes over 41 percent at 27 28. Fryers 22 23, light hens 18 19, old roosters 15 16, under 4 pounds 25 25.5.

Chicago USDA F.o.b

Potatoes Chicago Market Report Shows Mixed Supplies

USDA market notes old stock arrivals 4 on track 18 total U S shipments 854 supplies insufficient to establish market new stock arrivals 80 on track 396 supply moderate demand light market weaker carlot track sales washed 100 lb California long whites U S 1A 5.85-6.50 mostly 6.24-6.50 California round reds 7.40-7.45

Chicago U. S California

Stock Market Edges Higher in Quiet June Trading

In New York on June 15 the market advanced modestly in quiet dealings. The Associated Press average of 60 stocks rose 30 cents to 181.80 after a small dip yesterday. Industrials gained 50 cents and rails 10 cents while utilities held steady as the three week recovery neared its April peak.

New York Associated Press

Market summary and council inquiries noted

The market showed 435 higher closes and 395 lower, with 13 new yearly highs and 29 new lows as volume fell to 1,550,000 shares. Bonds were lower while U S government securities rose. Officials Masling and Preaus could not be reached for comment regarding file checks in wards one and nine.

U. S Raymond Masling Union Parish Citizens Council Harry Preaus Board of

Top Instructors In The Arts To Attend Tech Camp

Reservations for the Lou isiana Tech summer camp in music dramatics and other fields bring 230 high school pupils to the roster. Camp runs July 9 20 with L V E Irvine directing. Farrar offered resignation after a protest over registration cards inspection by Citizens Council members. Police jury rejected the move and Farrar reopened his office. Registrar offered no further statement.

Citizens Council Tech Buston Louisiana Tech L. V. E. Irvine Farrar Connect

Also Mentioned on This Page

New York Stock Exchange Merrill Lynch, Pierce, Fenner & Beane Pierce, Fenner and Seane National Securities Panhiandle Oil Benguet Mag Cosden Petrol Chad Gotham Gen Motors Fedis Quigan Monsanto C Tud Packard THE Monroe, la Chemoil Home Cafe Louisiana Louisiana Press Long Nota Bene Bastrup Daily Enterprise Shreveport Times Homer, la Guardian-Journal St. Francisville Democrat New Orleans States Earl K. Long South Monroe New Orleans Item Opelousas Daily World National Press Bulletin Service American Mining Congress Freeport Sulphur Co Freeport Texas Newsweek Texas Gulf Sulphur Company New York Times Engineering & Mining Journal Alexandria Texas Press Greenville (Texas Panola Earl Long Marshall Freeport Sulphur Company Plaquemines, Terrebonne, Lafourche Jefferson and Orleans Parishes
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