Wall Street chart hints at bear market rally expects pause
Wall Street analysis from John H. Lewis & Co. says a primary bear market has persisted since last summer with a brief midyear rally possible. Reynolds & Co. doubts Cubic Corp. at current prices and favors selling. Hutton & Co notes market change with less interest in high flyers and more buying in battered conventional stocks.
MENTIONED IN THIS ARTICLE
New York
UPI
John H. Lewis & Co
Lewis
Cubic Corp
Reynolds & Co
W. E. Hutton & Co
Grain futures show small gains as declines pause
The grain futures market posted small gains this afternoon led by all wheat and oats and some rye contracts. Corn and soybeans slipped slightly amid liquidation, with reports of significant progress in planting the 1960 crops over the past several days. Carlot receipts: wheat 7 cars, corn 14, oats 6, rye 1, barley 2, soybeans 9. France covers 12,659 square miles, just under Texas.
MENTIONED IN THIS ARTICLE
Chicago
Late Markets Chicago US hogs and cattle prices mixed
USDA market notes show hogs mostly steady with mixed lots and weight grades. Cattle and calves price ranges listed across steers, heifers, cows, and feeders, with several load lots and prime grades noted. Also included are New York and New Orleans market briefings on cotton, stocks, and farm produce prices.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Fishermen Found After Missing Fishing Trip
Two New Orleans men Emilio Ambrosini and James Moran were found in Bayou Guyun about 20 miles from New Orleans in good condition by the Coast Guard. They ran out of gas and were lost yesterday.
MENTIONED IN THIS ARTICLE
New Orleans
Coast Guard
Emilio Ambrosini
James Moran
Bayou Guyua
River Flood Stage Change Reported Today
River authorities record a 24 hour change in flood stage along River Street with updated gauges showing rising levels. Officials warn residents downstream to monitor forecasts and prepare for possible evacuations.
Georgia Man Sentenced To Prison Today
Judge David J. Garrett sentenced an Augusta man to two years in Angola state penitentiary for theft of merchandise valued at $81.09. He also received a nonconcurrent six month parish jail term for stealing $73.43 from a local establishment. The case involved Charles F. Greer, 30, who pleaded guilty. A separate motor vehicle case for operating under the influence was postponed to October 10 for Herbert Bagwell, 48, of West Monroe. Tyree Booth of Hattiesburg and Carlous Morris Jr. of West Monroe were fined for traffic violations.
MENTIONED IN THIS ARTICLE
David J. Garrett
Augusta
Angola
Ouachita Parish
Charles F. Greer
Parish
Fourth District Court
Greer
Herbert Bagwell
Tulip Street
West Monroe
Tyree Booth
Hattiesburg
Miss
Carlous Morris, Jr
Nat Street
Nixon Challenged To Present Views
New York AP report says Gov Nelson Rockefeller urged Vice President Richard Nixon to clearly state his beliefs and proposals for addressing major national issues. Rockefeller said any GOP aspirant should make such declarations, but Nixon has not done so.
MENTIONED IN THIS ARTICLE
New York
Nelson A. Rockefeller
Richard M. Nixon
Nixon
Rockefeller
Republican Party
Claims Many Feared Union Reprisals
Baton Rouge reports a Senate hearing on a bill to ban secondary boycotts drew witnesses in favor, with a management spokesman saying many small businessmen fear reprisals for testifying. Joseph D. Henderson of the New Orleans AAIS said fear of intimidation keeps some from speaking as Sen. Davis notes the bill would bar professional pickets and sympathy strikes. The session, held under strict rules, drew 150 spectators. In another action, the House approved Gov. Jimmie Davis 60 million bond issue for capital outlay amid opposition calling it worse than a tax.
MENTIONED IN THIS ARTICLE
Baton Rouge
UPI
Senate
Joseph D. Henderson
American Association of Small Businesses
New Orleans
Louisiana
Henderson
Senate Industrial Relations Committee
Jackson B. Davis
Guy Lockrider
Lake Charles
House
Jimmie Davis
Evans Funeral Services Pend Evans Evans Dies After Illness
Sam Evans, 36, longtime Monroe resident and auto repair shop owner, died yesterday at a local hospital after a short illness. Funeral arrangements are under Peter's Funeral Home. Survived by widow Louise Evans, Denver daughter Alene Fant, two sons Jimmie and Archie, sister Pearl Dunlop, and six grandchildren.
MENTIONED IN THIS ARTICLE
Sam Evans
Louise Anne
Monroe
Evans
Peter
Louise Evans
Alene Fant
Denver
Colo
Jimmie Evans
Archie Evans
U. S. Army
Germany
Pearl Dunlop
Walker
Federal Wildlife Funds Available July 1 Announced
Washington AP reports the Interior Department will allocate 12.8 million dollars on July 1 as an early partial apportionment of the 1960-61 federal fish and wildlife funds to states. About 10.3 million will go to wildlife and 2.5 million to fish restoration with reimbursements up to 75 percent of project costs. The per state share is based on hunter license holders and state area.
MENTIONED IN THIS ARTICLE
Washington
Federal Fish and Wildlife Funds
Secretary of the Interior
Fred A. Seaton
Fish and Wildlife
Seaton
School Budget Cuts Alarm Educators In Louisiana
State Education Supt. Shelby M W Jackson accepted a compromise on the school lunch program, narrowing a proposed three million dollar cut from five million. Parish superintendents warn Washington budget cuts could shorten terms by two to five weeks in 51 parishes as state aid for hiring about 1,100 teachers faces the axe. Jackson testifies before the House Appropriations Committee and plans another briefing on trade school budgets amid the stressed school funding outlook.
MENTIONED IN THIS ARTICLE
Davis
James F. Redmond
Obscenity Bills Back In House
Three bills to tighten obscenity laws returned to the House floor after committee approval. Introduced by the joint sex crime study committee led by Rep. Edward LeBreton of New Orleans, they seek to criminalize selling or distributing pornographic literature to adults as a misdemeanor and to juveniles as a felony with fines up to 1000 dollars or up to five years in prison. It would also make it a misdemeanor to operate premises for obscene performances or acts.
MENTIONED IN THIS ARTICLE
Baton Rouge
House
House Judiciary Committee
Joint
Edward LeBreton
New Orleans
Rites Set For Paul Benson
Paul D. Benson, 39, died at his Delhi residence on Tuesday night. Graveside services are set for 3 p.m. Thursday at Quachita City Cemetery, under Mulhearn Funeral Home of Delhi. Sister Vasu Smith of Delhi will officiate. Survivors include three daughters Anita Benson of Monroe, Sandra Benson and Paul A. Benson of Ruston. a sister Mrs. B. W. Wall of Sterlington. brothers Kermit Benson of El Dorado and Hosea Benson of Delhi.
MENTIONED IN THIS ARTICLE
Paul D. Benson
Delhi
Quachita City
Mulhearn Funeral Home
Vasu Smith
Anita Benson
Monroe
Sandra Benson
Paul A. Benson
Ruston
B. W. Wall
Sterlington
Kermit Benson
el Dorado
Hosea Benson
Oak Grove Man Dies Rites Set
Dempsey F. Freeman 73 of Oak Grove died in a Monroe hospital Tuesday night after a short illness. Funeral services 2 p.m. Thursday at Gay's Funeral Home Chapel Oak Grove with Rev. R. V. Kinney officiating. Burial in Oak Grove Cemetery under Gay's Funeral Home direction. Survivors include wife Susan Freeman five daughters Jewel Arrington Semes Ala G W Tubb Angola La F B Farr Natchez Miss Leroy Sanchez Oak Grove Miss Johnnie Freeman Ferriday four sons Harvey Pascagoula Miss 15 grandchildren Pallbearers R G Darttone Walter Sims Grady Bagwell Ira Delaughter Dock McLemore Lee Huff.
MENTIONED IN THIS ARTICLE
Dempsey F. Freeman
Oak Grove
Monroe Hospital
Gay
R. V. Kinney
Susan Freeman
Jewel Arrington
Semes
Ala
G. W. Tubb
Angola
F. B. Farr
Natchez
Miss
Leroy Sanchez
Johnnie Freeman
Ferriday
R. W
Vernon Huey
Burns
Harvey
Pascagoula
R. G. Darttone
Walter Sims
Grady Bagwell
Ira Delaughter
Dock McLemore
Lee Huff
Circus Finds Way To Beat The Heat
Officials of Ringling Bros. and Barnum & Bailey plan to take the show on the road next month and let performers rest in Sarasota. A study found July is too hot for good circus business and after the heat the animals and performers can give better performances.
MENTIONED IN THIS ARTICLE
Circus
Sarasota, Fla
Ringling Bros
Barnun & Bailey Circus
Sarasota
William W.perry
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Coco
Chevyl Dearborn
Rockport
Maine
Howard Dearborn
Fluffy
Wall Street Charter
France
Texas
United Press International
Wall Street
Bafis
Senate Defense Funds
Sidhcommittee
Jones & Laughlin
Wile
Youngstown Sheet
Chrysler
NAFI
Universal Match
Eastman Kodak
Thiokol
Zenith
Raytheon
Dow Jones
Associated Press
Farner
Mississippi
California
T&t
Anaconda
Armcor
Ty Armour
Amehison
Beth Sid
Champlin
Ford
Mtr
Gulf
Mont Ward Ae
N. Am
Avia
Olin-Math
Phillips
Pure
Feyn Tob
Iy Sears
Shell
Sinclair At
Skelly
Socony Il
Sperry Rand
Asta
Stude-Pack
Woolworth
Smartaires
Mississippi St Louis
Memphis
Helena
Luminesport
Melville
Atchafalaya
Morgan City
Ouachita
Camde Monroe
Black Jonesville
OHLO
Pittsburgh Cincinnati
Cairo
Arkansas
Little Rock
Shreveport
Georgia
Pend
Davis Leader
Nequier
Colbert’'S Hardware and Sporting Goods
Natchitoches West
Paul Benson
Home Office Supply Co
Trenton St
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