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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 07, 1955
Page
9
New York stock market updates show the Dow Jones industrials up 13 cents, rails up 3 cents, utilities up 12 cents with 63 stocks advancing, volume 1,580,000. The report notes gains across sectors as traders react to early February trading.
The piece argues against dollar cost averaging by cautioning that buying at high prices risks, and that regular fixed-sum saving is safer than investing at top prices. It discusses risks of selecting “right stocks,” notes historical losses, and cites livestock and commodity price snippets to illustrate market uncertainty.
In Chicago Butter market utensils show irregular trends with 1,206,871 pounds received and prices mostly steady to 4 cents lower. Poultry terms include 2%3 pound lots and mixed lot pricing, while broader market receipts total 16,216 for whole birds and 775e for other categories, with standards around 29 to 36 cents and other cuts at 40.5 cents.
In early trading on the New York market shares rose with gains led by aircrafts and defense related stocks. Steels, motors, coppers, distillers, chemicals, oils, and motion pictures also advanced while railroads showed a modest downturn. Major names cited include Boeing Glenn Martin United Aircraft Bethlehem Steel General Motors Schehley Industries Radio Corp American Telephone Kennecott Copper Allied Chemical Standard Oil, with Santa Fe New York Central Southern Ry Goodrich and International Paper easing.
Commission Mart lists Prices for artichokes avocados carrots and peppers with crates and sacks across vegetables. Regional notes include onions potatoes and squash with various per bushel or per crate amounts. Poultry prices for farmers show No 1 flock roasters hens and turkeys with per pound rates.
Alfredo Dominguez operator of Dominguez place at 23 Palo Alto saw five counts accusing him of selling beer to minors dismissed by Special Thirty Seventh District Judge Eugene Williams after the Texas Court of Criminal Appeals ruled the statute unconstitutional. Five minors previously admitted using alcohol and burglarizing residences.
Judge Carl Wurzbach Monday levied a traditional penalty for traffic violations and agreed to hold in abeyance a $50 fine. Miss Jean Worthington, 17, of 204 Sierra, will attend 20 minutes of court each Monday for eight weeks after being arrested in December for driving without a license and weaving in traffic. She failed to answer a summons and was brought by a warrant officer. the judge said he would reconsider the fine after her court watch tour.
Three crew members escaped unharmed as a shrimp boat named the D. B. burned and sank five miles from Galveston last night. Owned by Leon ard Aloissou of Aransas Pass the vessel was valued at 30060 dollars. Seismographic boat GXMA rescued Joe Cardinale Floyd Schion and Colin Bowman, all of Aransas Pass.
Atty Gen Shepperd accuses Sen Jimmy Phillips of using influence to speed veterans land deals during a tense Senate committee session probing a $100 million land program. He cites a 1952 letter asking for an early appraisal and notes a July 1952 deadline, while Phillips denies improper conduct.
Three burglary suspects were arrested Sunday near Woerner's grocery at 472 Holmgreen Road. Patrolman J. D. Carver held Dave Phillips, 31, and Leon Elmer Phillips, 33, of 1911 Basserd, and Floyd Millard Myers, 30, of 335 McKay for investigation by the police theft detail after finding tools and a door pried at the store.
In Tokyo on February 7 to 21, Chinese weather officials led by Tu Chang Wang denounce the World Meteorological Organization for excluding two Communist Chinese delegates from its Asian meeting and selecting a Chinese Nationalist instead. The report notes tensions between Beijing and international weather authorities amid political friction and propaganda.
Information on request from Aztec Gas Company appears in fragmented OCR text. The readable portion references contact or information lines for Rauscher Pierce & Co. but lacks clear actions, dates, or outcomes. The item resembles a classified or advertisement snippet with trading or inquiry context.
February 7 report from Lockhart notes a fund drive totals $6400 reported by C. F. Rich Read. The Light needs funds and a push is urged to support the cause despite incomplete reports from the drive.
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