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Monroe Morning World in Monroe, Louisiana

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Monroe Morning World

Location

Monroe, Louisiana, United States of America

Date

Jun 29, 1957

Page

12

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Coleman- Edwards Motors Hall Street Lee Edwards Bob Coleman Volkswagen Monroe Coleman and Edwards Don Gill Jack Farmer

Also Mentioned on This Page

Financial News James W. Douth Snake River Friends of Private Enterprise Idaho Power Company Federal Power Commission Supreme Court N. Y. Stock Exchange Admiral Corp Colum Carba Kaiser Alum Amer Can Delta Martin Skelly Oil Amer Cady Dong Aire Socony Mob Hom Am Dynam Dow Chem Fae Min Mag&Mig Southern Co 2 Dresser Ind Monsanto Southern Pac Basta Air National Cal Eastman Rad New York CU Ind Emerson RP OU NJ Amrco el Paso N.G North West Atcits Fe Ford North Amn Studebaker Atlantic Northern Pacat Sunray Mc Avco Mis Isin Os Goodyr T & R Ohio Oil Texas Co Tita Bendix Aviat Granite City Oliver Corp U's Tex Gulf Sul Greyhound Olin Texas Ins Benet Loan Gulf Oil Pan Am Airwith Blaw Knox Gen Air Oil Union Oil Boeing Autarty Geni Cent Penny United Airs Borden Co Gendynam Pepsi Cola United Carbnet Borge Warner A Gen Electric Philco Rudd Mig General Mot Phillips Petrar United Corp Canadac Glidden MG Pullman Flia United Gas Goodrich Pure Oil United Fruit Central Sos Radio Corp Us Rubber Raytheon Mig US Steel Repub Western UN Ches Ohio Westing Chrysler Intel Paper Republic Sd Wheeling Steel Coca Cola Int Tel & T Reynolds Meta Jones & Laugh Reynolds Woolworth Columbia Gas Arkets THE Asssociated Press Associated Press Bethlehem Stl Elec & Mus Ind Stand Oil NJ Fifa My Gen Motors S Steel Hoals WS Steel Ben Parnell P. E. Massey Massey Jackson Economy Auto Supply Trenton West Monroe Fisk Fisk Tires Louisiana Advy Merill, Lynch Ee Advance Ind Lneniane Mills Delhi Comm Taylor Gult Inter Ata Southern Airwas Southwest Gas Southwest Natural Texas Gas Trans DOW - Jones Dow-Jones Coleman-Edwards Motors Forsegn Lawrence Civitan Club Bob and Lee Coleman-Edwards Jim Insurance Agency Dial FA North Grand Building Volkswagen Agey Venetian Blind Company Sterlington RD Coleman-Edwards Motor CO Kellogg Oil Co., Inc Walter Kellogg Pres J. L. Moore Y. P W. M J. A. Bud’ Coleman Building Contractor Gerald
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