Market rally trims losses amidFed stance. stocks gain broadly
New York stock market opened higher with broad gains across sectors led by steel oils tobacco copper chemicals and motors. Investors brushed aside renewed talk of a cautious Fed stance as airline shares mixed and utilities fluctuated. Notable movers included General Motors Republic Steel Boeing Goodyear and Loew’s while several industrials showed strength amid improving equity sentiment.
MENTIONED IN THIS ARTICLE
General Motors
Republic Steel
Boeing
Goodyear
Anaconda
Anon—Carbide
Standard—Oil
New eJersey
Loew's
Internation- Tele Nickel
Packers Hog Marl Thomasville Prices Rally Across Regions
Hog price reports from Thomasville and surrounding Georgia and Florida markets show steady to higher bids for 60 to 300 pound hogs. Chicago receipts trend lower for barrows and gilts while North Georgia cattle auctions report mixed stocker, slaughter, and cow price movements across standard, utility, and cull categories.
Boston Baptists plan Bible School at church this week
Vacation Bible school begins Monday at the Boston Baptist Church and runs through Friday June 27 with Rev. John Gibbs as principal. Supervisors include Mrs. N. D. Moody, Sybil Freeman, and many assistants across intermediate junior and primary departments. A closing picnic and commencement services finish the week.
MENTIONED IN THIS ARTICLE
Boston — Vacation Bible School
Boston Baptist ‘Church
John 8S. Gibbs
N. D. Moody
Sybil Freeman
John 8. Gibbs
Dewey Cochran
Floyd Bradshaw
Tom Rehberg
James Hatchr_will
P. Jenkins
R. Gordon
George Owens Jr
Joe Moody Jr
E. E. Pritchard
E. T. Joiner
Atlanta Georgia live poultry and cattle market report
ATLANTAP-Georgia live poultry and cattle prices show broilers and fryers at 2 to 3 pounds live weight with 71 f.o.b. plant. Hens trade moderate mainly heavy types at 19 to f.o.b. 2044-21. Light types too few to report at 13 f.o.b. Standard price 23 to 28 dollars. Cull stock and feeders include various weights with calves and cows priced from 15 to 26 dollars and light calves 19 to 25 dollars depending on age and weight.
MENTIONED IN THIS ARTICLE
Thomasvile
Albany
Mat Thomasville
Tifton
Jacksonville
Fla
Anata
South Ga
North Hla
Barrows
Chicago
North Georgia
Atlanta
N. Ga. A
Georgia
U. S
jGeorgia
Atlantap
F.o.b
Financial outlook shows record short interest and slipping profits
The New York Stock Exchange and the American Stock Exchange report record short interest as bears bet prices will fall. First half earnings for 42 firms show a 9 percent drop from the previous year, with three losses and four firms ahead of loss. Optimists await volume and price gains to offset inflation fears.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
American Stock Exchange
Bears
Jess
Probe of Goldfine Contracts Set
House investigation centers on Goldfine contracts and related awards. Rep George Christopher urges Eisenhower to order prosecution or pardon in the Adams Connelly matter. Pentagon records show Goldfine textile firms received multi million dollar prime contracts and a blanked payout for wool blankets. SEC defends its case handling amid Newsweek coverage and White House inquiries.
MENTIONED IN THIS ARTICLE
George Christopher
D-Mo
Truman
Eisenhower
Adams
Matthew Connelly
Connelly
White House
Bennett
Goldfine
Defesne Department
Armed Services
Pentagon
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FederalReserve Board
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Hatser al
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Alleghany Lad
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Allis Chal
Kress UN
Lehman
Ginss
Yack & My
Lockh Air
Wy Loew's YW
sLorlard
Lou & Nash
Macy 32'S
Mpls-Hon
Iss
Monpsan Chem
Mont Ward
6Murray Cp
Nat Sil Bos
Nat Teally
Nehi Cp
North West
Penney
Philco
Philip Mar Bt
Phin Pet
Wwe Repub
Reading Co
East Kod
Ktud
Pace
Ce - Erie
Texas Co
Texas
Pc&o
Firestone
UN Pac
Frich Tra
Unit Alre Aul
Dysam
Unit Fruit Daha
En Alec
OUS Steel
Gen Fés
Warner B Plo
Gen Mills
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Mtrs
Tel
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É Pac Cp. Ai
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Glidden
Goodrich
Packers
Boston Baptists Eet Bible School
Ford
America
Geriaon
Business Outlook
Ously
SEC
Newsweek Magazine
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Newsweek
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John Derson
Subcommittee
Redfern
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S. Crawford St
Reid Redfern
Thomasville
Thomasville High
Univ. of Ga
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Mr. Redfern
Crawford
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Home & Auto Ee
Westinghouse
Weatinghouse Electric
Thomasville Home & Auto
S. Madison
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