Misdeeds Alleged in Labor Rackets and Federal Power Debate
The senate rackets committee reports over 50 000 letters alleging labor union misdeeds across the nation. Some lawmakers fear sweeping reforms this session are unlikely. Eisenhower urges shifting programs to state control, while a fight over the Hells Canyon hydro project continues in the House and Senate.
MENTIONED IN THIS ARTICLE
Washington
Senate
Sen
McClellan
D.-Ark
Senate Committee
Congress
McClellan Committee
Eisenhower
Williamsburg
Hoover Commission
Commission of Intergovernmental Relations
Meyer Kestnbaum
Hells Canyon
House
New York Stock Exchange Courtesy From Merrill Lynch Firm
Merrill Lynch Pierce Fenner Bean extends courtesy to the New York Stock Exchange in trade relations. The arrangement signals continued cooperation between the brokerage and the exchange amid market activity and listed securities.
MENTIONED IN THIS ARTICLE
Merril Lynch, Pierce, Fenner & Bean
Merth, Lynch, Pierce, Fenner & Bean
Merill, Lynch, Pierce, Fenner & Bean
Merrill, Lynch, Pierce Fenner & Beane
Cotton futures drift after hurricane damage uncertainty
Cotton futures closed down 15 cents a bale and up 50 cents, with a 90 cent intraday swing as profit taking and short covering moved markets. Traders weighed hurricane damage across the central belt including Texas and Oklahoma, while parity stayed at 37.06 cents.
MENTIONED IN THIS ARTICLE
New York
Texas
Oklahoma
N.C
Jly
Cotton futures swing with late rally on trade buying
New Orleans cotton futures recovered from early declines with gains in late trading as traders covered shorts and buyers stepped in. Prices across months rose with July and Oct leading gains, spot prices steady on modest demand and strong regional receipts.
MENTIONED IN THIS ARTICLE
New Orleans
N.C
Markets at a Glance: Commodities and Currencies
From the Associated Press New York report stocks rise with steels and motors up while bonds show mixed results as governments dip. Wheat and corn climb in Chicago on rains and crop damage. hogs fall 25 to 50 cents with top around twenty dollars. cattle steady with best steers at twenty four dollars. Live poultry and eggs hold steady in wholesale prices.
MENTIONED IN THIS ARTICLE
Chicago
New York Stock Sales Reported With Varying Totals
New York stock sales show a final total around 1 770 000 for today, with prior day near 1 800 000 and weekly, monthly, and year-to-date figures listed in scattered figures including 1 973 410 2 047 220 266 729 135 and 362 228 159. The OCR text provides multiple totals for different periods without clear context or labeling.
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New York
Nevevasive
Savannah gum and turpentine stock update brief
In Savannah Georgia today gum and turpentine receipts show no turpentine or rosin on hand. Stock figures list turpentine 3103 units and rosin 74 units.
MENTIONED IN THIS ARTICLE
Savannah
Chicago Live Poultry Prices Steady Across The Market
USDA report shows wholesale poultry prices unchanged with yesterday’s 49,000 lb trade. Heavy hens listed at 14 to 16 cents per pound, light hens at 12 to 13 42 cents, old roosters at 12 to 13 cents.
MENTIONED IN THIS ARTICLE
Chicago
USDA
American Stock List Snapshot From Merill Lynch Update
A concise stock list shows holdings and prices across several issuers including Jupiter, Ark La Gas, La Land & Exp, McDonald Aire, Coastal Carrier, Del Gray Lion, Pantepeca Dynamics, Pac Petrol, El Bond & Sh, and Fargo Oil. The update notes percentages and odd entries such as 30%% and 238, with additional listings like Humble Oil and Technicolor.
MENTIONED IN THIS ARTICLE
Am Marac
Jupiter Ba Ark
la Land & Exp
McDonald Aire
Airia del Gray Lion
Pantepeca Dynamics
Pac Petrol
el Bond & Sh
Fargo Oil
Humble Oil
Technicolor
Dow Jones closes higher on broad stock gains
Dow Jones averages end at modest gains with industrials up 0.26, rails up 0.11, and utilities up 0.30. The 30 stocks average finishes at 503.29, while the 65 stocks index reaches 173.80. Bond futures mix, commodities index at 161.14.
Grain futures rise on Chicago Board trade gains uneven
Chicago June 28 strong buying pushed grain futures higher on the Board of Trade before some profit taking and weekend selling trimmed gains. Old crop wheat led with near 2% to 2 1/2% gains amid mixed moves in corn oats rye soybeans and lard as contracts listed for July September December and March delivery.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Oass
Jly
Salable Livestock Prices Chicago Market Report
Livestock prices in Chicago show 6 000 salable horses and 500 cattle with calves. No. 1 2 horses weigh 200 220 lb at 25 to 50 lower, sows steady to 25 lower, No. 2 3 hogs 190 230 lb at 19.25 19.75, No. 1 2 hogs 190 230 lb around 19.75 20.00, 210 lb lots at 20.25. Cattle include 340 400 lb cows 16.00 17.00, 300 330 lb 17.25 17.75, 425 550 lb 14.75 16.00. Calves 100. Steers 22.00 24.00, high good and choice heifers 21.50 23.00, commercial cows 15.00 16.00, utility cows 14.00 15.50, canners and cutters 12.00 14.75, commercial bulls 19.00 23.00, cull and standard dealers 10.00 19.00. No stocker and feeder sales or convenience.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Potatoes Market Reports Mixed Arrivals and Prices
In Chicago market notes from USDA the potato movement shows old stock arrivals 3 and track 9 with total U S shipments 752 and light supplies. Demand is moderate and market steady with no track sales. new arrivals 188 track 411 abundant supply and moderate demand with long whites slightly weaker and round reds about steady. California long whites 3.40 to 3.60 and California round reds 3.65 to 3.75.
MENTIONED IN THIS ARTICLE
Chicago
USDA
U.S
California
Cotton market edges vs openings as rains lift signals
Cotton futures held steady at the open then eased on mild profit taking. Buying by commission houses in distant contracts and a reading spot house in mid months touched stops amid rain reports in the Central Valley. Parity in mid June at 3706. CCC export sales exceed 11 million bales with a trade estimate of over 800 million dollars loss. Exports today 22,928 bales. unfixed call sales 358,600 bales versus 1,250,700 a year ago. Unfixed calls purchases 2,900 versus 58,000 a year ago. Japan May cotton goods output 333,335,000 square yards, May last year slightly below 300 million.
MENTIONED IN THIS ARTICLE
Central Valley
Commodity Credit Corporation
Japan
Wool Market Activity and Australian Wool Clip Report
The market showed higher activity with commission houses active and some liquidation. Prices slipped about one cent on balance while ten wool notices were issued. Australian auctions closed with steady prices about 10 percent below earlier peaks, total Australian wool production reaching 4.87 million bales and proceeds estimated at 480 million Australian pounds, the best year since the Korean War era.
MENTIONED IN THIS ARTICLE
London
Perth
Lawrence Takes Over Presidency at Monore Civitan Club
Lawrence E Lawrence was installed as president of the Monroe Civitan Club for the coming year during Thursday night ceremonies at La Casa Tearoom. Ladies night drew a large crowd despite hurricane winds. Officers installed included Lea S Thompson as vice president and B F Bettis re elected secretary and treasurer. Directors named were Milton Childers J E Peters Harold Riggs O W Wolf and Captain J W Faler. Emperor Hirohito of Japan is an author who wrote a book on sea horses, a small fish with a head resembling a horse.
MENTIONED IN THIS ARTICLE
Charles E Lawrence
Monroe Civitan Club
la Casa
Civitan
Lea S. Thompson
C. C. Beadles
B. F. Bettis
Milton Childers
J. E. Peters
Harold Riggs
O. W. Wolf
Capt
J. W. Faler
Emperor Hirohito
Japan
Coleman Edwards Motors Opens First Volkswagen Dealer in Monroe
Coleman Edwards Motors at 120 Hall Street announces the formal opening of the area’s first Volkswagen franchise. Co owners Lee Edwards and Bob Coleman host the event with Don Gill as office manager and Jack Farmer as service manager. Hours run tomorrow until 9 p m and Sunday from 12 noon to 8 p m with a full line of foreign cars on display.
MENTIONED IN THIS ARTICLE
Coleman- Edwards Motors
Hall Street
Lee Edwards
Bob Coleman
Volkswagen
Monroe
Coleman and Edwards
Don Gill
Jack Farmer
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Gerald