Market rally continues as steel leads gains and Dow rises
Steels lead a continued rally with Lukens and Jones & Laughlin up, General Motors Ford and Chrysler advancing about half a point. The Dow and AP average show gains while Comsat trading halts due to order buildup. Farmers French Market reports liberal supplies and mixed bond activity as New Orleans prices list diverse produce.
MENTIONED IN THIS ARTICLE
NEW York
Steels
Lukens Steel
Jones & Laughlin
U.S. Steel
General Motors
Ford
American Stock Exchange
Treasury
Wall Street Chatter Signals Cautious Outlook
Edward A. Viner & Co. notes oversold conditions with no expected plunge or new highs soon. Reynolds & Co. sees two year gain paused but no spring 1962 style drop. Stanley Heller & Co. says near term risks largely priced in and year end tax selling worsens conditions, but short term recovery looks possible.
MENTIONED IN THIS ARTICLE
New York
UPT
Edward A. Viner & Co. Inc
Leslie M. Pollack
Reynolds & Co
Stanley Heller & Co
Traffic Violations Dominate Local Police Activity
West Monroe police booked Arvin E. Raborn for DWI reckless driving and disturbing the peace after a late Wednesday arrest at North 7th and Otis. A 17-year-old Monroe youth faced DWI and reckless driving charges earlier. A two car crash at Cypress and North Seventh left a Ringgold woman with minor injuries and led to her reckless driving charge. Zealah L. Spillers avoided serious harm as the other driver.
MENTIONED IN THIS ARTICLE
West Monroe
Arvin E. Raborn
Rt. 2
Farmerville
North 7Th
Otis
Monroe
Jimmy Ray Doe
S. 9Th St
Louisville Avenue
Cypress and
North Seventh Streets
Ringgold
Rose Martin Gainey
Cypress St
North Seventh Street
Zealah L. Spillers
Rt. 5
Kiwanians Hear Tech Professor Education Focused Talk
Louisiana Tech professor Robert Snyder told Monroe Kiwanis Club members that education solves problems and urged reflection on American education from 1776 to today. Judge Mack Barham of Bastrop attended as guest. James Brooks honored on his birthday. Next meeting slated for December 23.
MENTIONED IN THIS ARTICLE
Robert Snyder
Louisiana Tech
Ruston
Monroe Kiwanis Club
Snyder
Virginia Hotel
United States
Pasyeal Norris
Mack Barham
Bastrop
James Brooks
Louisiana Markets Report From Opelousas AP
Cattle 667 head sold with various weights and grades. Hogs 445 head sold including barrows gilts and sows. Poultry prices paid at farm for broilers and fryers and hens. Eggs mostly grade A or better with price ranges for large medium and small sizes.
MENTIONED IN THIS ARTICLE
Associated Press
Opelousas
Scouts Combine Honor Court and Christmas Party
Monroe Boy Scout Troop 1 held a combined court of honor and Christmas party this week. Scoutmaster A L Embanato and assistant Mike Elioff announced several advancements and new tenderfoot badges. Inductees received candlelight ceremonies as well as merit badges and rank promotions for Randy White, Forrest Elioff, Cary Messina, Ricky Anzalone, Frank Serio, Joe Marsala, Kenny Brown, Jimmy Cosse, and others. The evening included camp-out screenings, refreshments, and gift exchanges.
MENTIONED IN THIS ARTICLE
Monroe Boy Scout Troop 1
A. L. Embanato
Mike Elioff
Randy White
Forrest Elioff
Cary Messina
Frank Serio
Joe Marsala
Kenny Brown
Star Scout
Jimmy Cosse
Life Scout
Jesse White
Mike Greer
Fred Cascio
Steve Cascio
Robert Cole
Bob Spatafora
George Carso
Jimmy Cavendish
Jimmy Casse
Charles Fury
Frank Joseph
Also Mentioned on This Page
DOW Jones
A.m
Wall Street
New Orleans
UPI
USDA
United Press International
Alm Ltd
At&t
Ai Can
Va Achison
Ivy Bth Steel
Jow Chem
Ju Pont
Lo i Lg
Paso Nat Gas
Castman
Ford VA
Gen el
Veen Foods
Fen Tel
Gulf Oil
Halliburt
T&t
Johns Man
Kennecott
Kerr McG
Lorillard
MMM
Ms Mont Ward
NY Cent
Penney
Ane Phillips Pao
Pittston
Procter G
Pure Oil
RCA
Rey Tob Safeway
Shelumbrg
Sears
Shell Oil
Sinclair
Socony Mob
Oil NJ
Swift
Texaco
Tex
Tex Gulf Pd
UN Carbide
U S Rubber
Steel
Louisiana
Scouts
Ricky Anzalone
Cpa
Peacock’s
Marquise
Lady’s Elgin
Lady's Hamilton
Man's
Elgin
Man's Hamilton Electric
Lady’s Bulova
Lady's Elgin
Jewels
Gruen
Lady’s Hamilton
Royo
Diamond Ladies’ Green Watch
Rewest Creations
Bisthetones
Zenith
Sunbeam
Norelco
Remington
Schick, Ronson
Ronson
Lenox China
Pullman
Peacock
DeSiard
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