The Galveston Daily News from Galveston, Texas • Page 13

Friday Morning, August 1980 Btljf JSalfcrstim Jlaily £, rtus 13-A Y.JtSx x's Staff Photo By Bill Barry MRS. EMMETT F. BARNES, Galveston County Historical Commission chairman, at left, Sister Mary Cornelius, St. Mary's Hospital administrator and Dr. M.L.

Ross, hospital councilor and marker dedication master of ceremonies, decide where the marker will be erected for the upcoming dedication set for 2:30 p.m. Sunday, Sept. 7 on the hospital's Eighth Street lawn. St. Marfs Hospital gets Texas historical marker St.

Mary's Hospital, the first private hospital established in the state, has been awarded an historical marker by the Texas Historical Commission and the Galveston County Historical Commission. The marker will be dedicated 2:30 p.m. Sunday, Sept. 7 on the hospital's Eighth Street lawn. Sister Mary Loyola Hegarty, superior general of the Congregation of the Sisters of Charity of the Incarnate Word, Houston and noted historian on the Congregation's origin and development, will deliver the main address.

Galveston County Judge Ray Holbrook, Texas Historical Foundation president Mrs. Charles L. Bybee, Galveston-Houston Diocese Chancellor Father Dan Scheel, and the American National Insurance Company All American Choir will also participate in the dedication program. Three Sisters, Sister Mary David O'Gorman, president of the SCH Health Care Corporation and chairman of St. Mary's local governing body, Sister Mary Loyola and Sister Mary Cornelius, St.

Mary's administrator, will unveil the marker, symbolic of the three Sisters who first opened the hospital in 1867. A champagne reception will be held in the hospital's Gulf Room following the dedication. Stocks score sharp and broad gain; trading heavy NEW YORK (UPI) Stocks, carried along on an institutional buying stampede, scored a sharp and broad gain Thursday in heavy trading that was sparked by some favorable congressional and economic news. The Dow Jones industrial average, a 5.46-point winner Wednesday, spurted in the final 90 minutes to gain 9.72 points to 955.03. The closely watched average had dropped 27 points in the two sessions sessions prior to Wednesday.

Many institutions, which missed out on the beginning of the spring-summer rally, found stock prices attractive following the market's slide Tuesday and Wednesday. Oil stocks and merger issues attracted the most attention, along with blue chips, brokers said. The New York Stock Cotton Statement This Day This Week 8-21-80 Receipts Other Ports Total EXPORTS (Foreien) Great Brit a in 189 189 2,246 This Se ason 97.101 2 i 246 97.101 Last Season 69.449 69.449 184 919 France Continent Africa S. America Middle Eait Orient Total Foreten JjJvQ3 919 156 426 9,117 (Domestic) By Cont a inc By Rail By Truck Destroyed By Fire TOTAL EXPORTS Galveston Stock Statcmcnc This, Day Lait Year TOTAL BALES 122j427 This report provided through the courtesy of the Galveston Cotton Exchange und Board of Trade. Exchange index rose 1.06 to 72.07 and the price of a share increased 52 cents.

Advances routed declines, among the 1,901 issues traded at 4 p.m. EOT. Big Board volume rose to 50,770,000 shares from 42,560,000 traded Wednesday. This was proof that institutions were doing the buying. Observers said dozens of money managers, who have been skeptical about the rally, are being forced to buy because their clients do not want to be left out of the action of one of the biggest surges in market history.

Composite volume of NYSE issues listed on all U.S. exchanges and over the counter at 4 p.m. totaled 55,878,188 shares, compared with 48,365,800 traded Wednesday. The American Stock Exchange index soared 6.43 to a record 331.09 and the price of a share rose 38 cents. The National Association of Securites Dealers' NASDAQ OTC index gained 2.23 to 179.91, an all-time high.

At 4 p.m., Phillips Petroleum, which recently reported disappointing second-quarter earnings, was the most active NYSE- listed issue, up to 40 in trading that included blocks of 400,000 shares at 40 and 100,000 shares Tesoro Petroleum, the second most active issue, gained 2 to 30 with a block of 125,000 shares at 30. Tesoro rejected a takeover offer from Diamond Shamrock, which has acquired 630,000 Tesoro shares. City Investing, which has been the object of a takeover for a long time, was the third most active issue, up 2 mm Saddleman Boot Jeans Sturdy jeans, pure and simple. With just enough flare to ride easy over boots. In heavyweight denim or other fine Sta-Prest fabrics, you can rely on Levis dependable quality, comfort, and fit.

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