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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 18, 1964
Page
7
New Orleans markets show generally slow trading with lower prices on most commodities. Beans and vegetables priced. cotton futures inactive with minor bid and decline signals as of 11 a.m. with notable figures for futures and crop items.
Arthur Wiesenberger & Co says the market has moved up in giant strides of about 100 points with rest periods and expects the Dow Jones industrial average above 900 later this year. Stanley Heller & Co foresees new highs this summer in a dynamic upward phase and advises buying on near term dips. International Statistical Bureau predicts new highs in coming months with dips only moderate and temporary while maintaining a selective constructive stance.
Six filings affecting northeast Louisiana businesses were logged by Secretary of State Sade O. Martin Jr. within June 3 to June 9. Three domestic charters list Lake Providence Port Elevator Inc. West Monroe K and K Appliance Co. Inc. and McGuffee Builders and Supply Co. Inc. with capital amounts 200000 10000 and 30000. Three amendments rename Howle and Brown Manufacturers and Distributors Inc. to Brown Manufacturers Distributors Inc. Rivers Insurance Agency Inc. to Rivers Insurance Agency Inc. and Del-R Corporation to Delpetro Corporation.
Louisiana Tech lists spring semester honor students from Ouachita Parish. The roll names 45 scholars across Arts and Sciences, West Monroe, Monroe, Sterlington, and Sterlington applications in fields including Engineering and Business Administration. Notable names include Zella Faye Calhoun, Christine Beth Asby, James J. Cozine Jr., Sandra G. Castleberry, Vir ginia Gilliland, Linda Ann Adams, and John Lester Embry.
In Chicago trading USDA figures show hogs at 5,500 head with feeders steady to higher. Prices range 17.00-17.50 for 190-225 lb butchers, 16.25-17.00 for 230-250 lb, and 11.25-12.75 for heavier 500- ee lb sows. Cattle and calves steady to weak. prime slaughter steers around 25.00 per 1,350 lb, high choice 1,325-1,390 lb at 23.25-23.75, larger lots 900-1,050 lb heifers 20.75-22.00, cows 13.00-15.00, bulls 16.00-18.00. Sheep near 200 head with spring lambs 80-100 lb at 25.50. ewes 5.00-7.00.
A tornado plucked from a thunderstorm hit Lake Bull Shoals Arkansas causing damage to a boat dock and barn and unroofing a farmhouse. Thirteen people including Tucker West Monroe Woodie Claude Flowers Linward Ray Pvylant Kathryn J Myers Roff Home Economics Monroe Joan Humble West Monroe Martha Norris were injured none seriously. The twister appeared suddenly and moved along the lake for a half mile after hitting the dock.
Witness recounts a sudden boat dock blast that sent debris flying injuring several. Walter Troth, 42, owner of the dock, was credited with saving his 7 year old daughter Cindy by grabbing her hair to keep her from being swept away as he was pinned between fragments of the smashed dock.
Washington UPI says the Agriculture Department will offer beef to foreign countries under the Food For Peace program. A spokesman noted local currencies would be accepted as payment and emphasized that no sales agreements would be finalized at this stage.
NEW ORLEANS UP I A New Orleans insurance executive was electrocuted Wednesday while using a power drill aboard his sloop in the Municipal Yacht Harbor Beauregard B Avegno 54 was pronounced dead on arrival at Charity Hospital where a doctor said he detected a faint pulse Avegno was found lying across the stern of his sloop the Bugs Bunny an electric drill cradled in his lap
A quoted line notes that actions were taken without first determining whether they would disrupt normal beef export trade from other countries. The remark highlights concern over possible unintended effects on market flows and international relations.
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