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The Miami News from Miami, Florida • 37

Publication:
The Miami Newsi
Location:
Miami, Florida
Issue Date:
Page:
37
Extracted Article Text (OCR)

RC THK MUM! NEWS. Thurerlsv, Msrrh 27, lQ.ul NAL President 'Welcomes' 'I Competition Of Nov Lines N.Y.Bank To Build On Park Avenue The Associated Press NEW YORK, March 27 Business Finance of The Miami News route, the award will mean that Miami for the first time will have single carrier service to a dozen Business, Industry Urge Easing Of Federal Control By LOU SCHNEIDER Upeelal la The Miami ftewt NEW YORK. March 27 Leaders of business and industry are letting off fire over excess federal agency controls. It has been excessive for years, so why now? Said one: "If we don't get changes In this Congress, we may not get another chance for years ahead If Democrats sweep the congressional elections this November." The big blowoff now is In railroad controls. That industry has fallen on hard times.

And the textile industry is talking up, too. So are several industrial manufacturers who insist 'he rules on tax depreciation allowances are too costly, This is the first single carrier Buffalo Florida service. Vice Chairman Gurney dissented. The CAB announced it will release further details on each route, including intermediate points to be served, at a later date. In all probability, with TWA getting the Miami St.

Louis htawiiiiaailiifaiia hjh liiiw mwmxMmmmmiw Charles li. Forbes Business Men Keeping Heads Reports A ') n) Business men may lose money but they'll not lose their heads i oxer the current business recession. That's the conclusion which Fortune Magazine's Interviews with 165 business leaders through-, out the country reached. "Never before in the face of a sharp economic downtrend has United States business show itself to be so composed, so sure of itself In short, so poised," the magazine observes. Interviewers found business men with various Ideas as to the lenRth of the recession.

The end was any time from April, 1938, to I960. It was pretty generally agreed that after the low level is reached it will require six months or more to get steam up again. But after the recovery a boom to beat all booms will be 1 on the way. Business men are not sold on Washington panaceas. This is a political year.

More harm than good can be done. They are fearful of deficit spending, which means more inflation and melt- ing away the buying power of the dollar now estimated at 48 cents compared with 100 in 1939. They see some good in the roads, housing and hospitals; rivers and harbors, reclamation projects and defense programs. But they're afraid of wild spending all along the line. People Have To Eat This economic "bust" Is following a goods industries are hard hit.

The food Problem Solved In Jig Time For proposing this jig, Marion R. Perry, master mechanic at Pan American World Airways engine overhaul shops at Miami International Airport, won $500, the top employe's suggestion award. The jig enables the shop to reform clamps used on Clipper engines in such a way that excessive wear is reduced 40 per cent. Mr. Perry, who lives at 2600 SW 18th attended the University of Miami and Embry Riddle School of Aviation.

He joined Pan Am in 1951 and became master mechanic in 1954. stesdy to 100 lower, other classes about Heady, (locker and feeder steers steady, hellers and cows 50 I 00 lower, ceives ou z.iai lower. In representative sales good and ehoiee slaughter steers 26 oo 31.76. at Live Oak: standird 13 .80 26 mi miuiv 11 60 24 80. canner and cutter 17.80 20(81 up to 13 00 at Live Oak.

Good heifers 26 25 28 80, etandard 2.1.00 28.28. utility 20 60 26 00. canner and cutter 16 50- 4 't I lit cows 21.50. culler 16 50- J0 50-2B OO, canner nnd cutter 18.60-20 60 10.23. canner 13.00-17.78.

Few commer cial bulla 21.60 24 80, utility 21.50 33 15. canner and culler 16.W 22.00 Couple choice calves over 280 Ihs. 29 78 snd (i, good 26 00 28 25. standard 23 26 26 60. utility 12.00 24.60.

eull 16 00 211x1 Btandard vealers and calves under 250 ids. 23 no is 25, utility 22 00 28.00, in storkers and feeders medium steers 22.50 24 25. common m.00 23.25, Inferior 18.00 22 00, Common heifers 20 00 23 25, Inferior 18 00 21 00. up to 2125 at Arcadia. Medium calves 2.1 50 26 50, common 21 00 25 60, Inferior 17 no 23 oo.

Common eows 11.25 11.00, Inferior 12.00 11.90. Chicago The Associated Prese CHICAGO, March 27 The butcher nog market Thursdsy was slow wilh only a moderate demand by shippers and some local packers at prices Sleady to 25 cents lower. There were only 38 head of 210 lh. No. 1 grade wnicn Drought tne top and only a few lots of 200-230 lb.

sorted mostly tin. is ai 22.7. Buyers took severe tola or 1-2 grade In the 2'sl 230 lb. range at 22 50 and the 2-3 grades scaling 190-230 lbs. at Heavier offerings of sll grades ranged upward from 20.78.

Bows were steady to strong and brought for a few lots or 3iV374 pounders and upward roin sis ror neavier ones. Slaughter steer prices were weak to Ml cents lower than Wednesday's erage but high choice grades over 250 ihs. were practically absent. A few high choice oflennga sold at 834. the top.

and a lew ehoiee kind weighing 9.VM 160 Ihs. went at The go.d gride waa .80. and a few utility snd standard The good and choice vealers brought 129-134. The market for slaughter lambs was slow at steady prices with onlv a few 100 lh. wooled kind selling it the 23 76 lop.

The low to average choice grades went at and the good to low choice at 11 60 12,1. Slaughter ewes were i ito-gti lor good and choice. Thursdays I'Rf) report: 8s Is hie hogs 6 500; slow weak to 73 lower on most butchers; few hundred 190-230 Ihs. steadv: Including most 12 lots these weights; sows steidy to strong only fair demand by order hovers gnd some local packers: 1 3 10-230 lh hutehere 22 few lota 3e down to 71.78; several tflls 11 TOO-230 'ha. 22 25- 22 60; few lots mostly is these weights sorted for grade 22 78 26 head lota Is 710 Ihs.

23.00 2 3 240-260 Ihs. 21 75. 22 on; few lots 1 1 235-240 lbs up to 21. za; few 3 770-310 Ihs. 21.2521 75; deck No.

3s around 310 Ihs. 20.78; larger tots mixed grade 400500 h. sows 19 00-20 00; with lew lots 325-373 Ihs 70 and most 800-550 lbs. is nn-ia no. Pa la hie cattle 1.500: calves ion Slaughter steers and heifers weak to 60 lower than Wednesday's average market or steady to weak Iwih the low eiose, not ail weighta and grades represented: prime cittie and steers over 1.760 Ihs.

prsrllcally absent and some inquiry made for these kinds cows alow; steady to 60 lower; bulls and vealers fully steady, atnekers snd feeders eteady to 60 lower; decline on feeding steers over 600 lbs. choice lb. slaughter steere 28 00-34 00; lew high choice 1.250 Ihs, 34 00; good steers 2.) no-27 few utility and aland ard 21.on-24.75; choice heifers 26 00- 27 50; utility, stsndard and good grades 20 00 78 80; utility and commercial cows 17 00 20 60; rannera and cutlers mainly 14 lew light fanners down 13 00; utility and commercial 20 00- 22.50; good and choice vealers 29 no, 34 00; culls down to 10 00; load good and choice 950 lb. leedlng steers 26 on medium snd good lb. feeders 24 79 28 60.

i ft a 4 rm ft By PAIL EINSTEIN and DALE Pl'LLEN Reporters i The Miami In surprizlngly mild statement, George T. Baker, president 'f National Airlines, today the competition of three new airlines in the Miami area and indicated NAL would ask for reconsideration of only one route awarded by the Civil Aeronautics Board. Mr. Baker, furthermore, said he had no idea if CAB decisions which appeared harmful to NAL resuted in part from the publicity attendant on the Channel 10 television case. "Who can tell?" the NAL pres ident asked.

The CAB announced last yes terday results of balloting which in two cases reversed CAB ex aminers iindings which lavored National Airlines. Decision In Month Although the official decisio.i will not be handed down for a month or six weeks, the board members voted to award new routes to Florida to Northwest, Trans World and Capital Airlines. Dates when the new service will begin depends on the official filing date of the decision and on whether appeals are taken from the CAB action. Mr. Baker said: "The Civil Aeronautics Board decision announced yesterday will be good for Miami and for Florida.

"The additional air carriers to be certificated into this area will provide direct air service to and from sections of the country not now served. To Bring More Tourists "We are happy to see these air lines come here. They will bring many additional tourist dollars to Florida as well as provide employment for thousands of people. "We will, in all probability, ap peal the decision for the route between Florida and Buffalo." Spokesmen for Eastern and Delta Air Lines said company officials were witnholding com ment pending studies of the decisions. Included In these awards will be the inauguration of single car rier service between Buffalo, Ilew York and Florida.

Here awards: are the new routes Chicago to Florida Northwest Airlines to serve an addition to existing services of Eastern Airlines and Delta Airlines. Vice Chairman Chan Gurney dissented in the award. To Extend Line Detroit to Florida Delta Airlines to extend its present Florida to Cincinnati route northward and serve an addition tc the present Detroit-Florida service of Eastern Airlines. St. Louis to Florida Trans-World Airlines to serve an ali-tion to Eastern's present service.

Vice Chairman Gurney dissented. Buffalo, Cleveland and Pittsburgh to Florida Capital Air lines to serve an addition to Cleveland Pittsburgh Florida service now provided by Eastern Unlisted Securities the local Committee nt the A I) distributors and retailers are in good shape. People have to eat. Some segments of the soft goods industries also are in good shape but will have to work off inventories before the mills begin to hum again. There is a growing suspicion of economic advisors of the national administration and also of business itself.

It all comes back to the truism that you can take every statement or prediction from Washington, D.C., with a grain of salt whether It originates at the headquarters of the majority or minority party. Economists with their positive convictions have gotten under the skin of some business men to the extent that they suggest that the breed be licensed like CPA's. They are the Irving Fishers of today. or more major cities west of the Mississippi. The entry of Northwest Air Lines into Miami also will likely mean that this area will have one-carrier service to the Pacific Northwest for the first time.

Poultry 92 A 57'-; 90 P. bi'i; 89 Hi; cars 90 67; 89 65. Esss whites firm: hsianre steady: receinis 9 400; wholesale buving prices unchanged to 1' higher; 70 per cent or better grade A whites 41; -mixed mediums 38'4; stsndards 37; dirties 34 'i, checks 34; current receipts 35. A.V. Poultry The Associated Tress NEW YORK.

March 71 ffftriAl Live poultry Thursday: Receipts light. Demand moderate for turkeys. Market steady. Hens and caponetes very slow and hulk unsold. By ex-bronze breeder hens 39-41.

press: Turkeys, bronr young hens 48; I)r3ssed poultry: Turkeys and ducks steady to firm; squabs steady. Turkeys, fresh, tee packed, fryer-roasters 6-10 Ihs. 40-41, young hens 10-14 lbs. 4.Vi-46. young toma 20-22 lbs.

33-34, 22-28 lbs. 34 -35 jv.r. Eggt The Assnrlelcd rress NEW YORK. March 27 -(URDAV Wholesale egg prices were steady Thursday; receipts 25.800. iWholerale selling prices based on exchange and other volume eaies.t New York spot quotations follow: In cludes Midwestern: Mixed colors: Ex tras 148-50 lbs.) 42V44V.

extras large '45-48 lbs. I extras medium standards large 39-40; checks 35'i-3K. WHITES: Extras (48-50 lbs.) 44 47'4; extras large (46-48 lbs. 43V extras medium BROWNS: Extras (48-50 Ihs.t 48-60'A WHITES: Includes nearbv: Top quality (4X-50 Ihs.i 60-53; mediums 49 50; smalls 41-42. BROWNS: Top quality (48-50 lbs.

I mediums smalls 41-42. Butter The Associated Prese NEW YORK, March 27 (L'SDAl Butter about steady Thursday; prices unonangeri; receipts Scrap Steel The Associated Press PITTSBURGH. March 27 Scrap steel No. 1 heavy was quoted Thurs day at 36.00 37.00. Your HARTFORD Agent I Fig's Knuckles Diet Survey Reveals Layoffs By 62 Per Cent Of Firms International ena Service NEW YORK, March 27 Mill Factory Magazine reported today that a survey of 333 industrial firms showed 62 per cent had fewer workers currently than a year ago.

Only 11 per cent had more employes and the remaining 27 per cent reported about the same number of employes. A large majority of the layoffs (86 per cent) involved unskilled shop workers. More than 50 companies said the employment reductions resulted from loss or curtailment of government contracts. First National City Bank of Nevr York will put up a building on Park Avenue on the tile Vincent Aator hailed construction last October. The bank today said it reached an agreement, subject to court approval, to acquire by assign ment the interest of Astor Plara, Inc.

In the site. Plans call for the bank to erect an office building for consolidating banking operations now car ried on in various parts of th city. The bank's administrative headquarters will remain on Wall Street. Grain Markets The Associated Press CHICAGO, March 27 A general advance in grain futures carried prices of sll contracts well above the previous closes it times Thursday on the board of trade. leaders were wheat, corn and rye with gains ot around a cent or more a bushel moat ol the time after a stead to weak opening.

Buving hy export Interests llrmed up prices and brought out a moderate voi. ume of short-covering which met gome profit-taking Irotn time to time. The export demsnd, particularly la wheat, followed word that Poland II peeled to buy about 7', million hush. ela of wheal soon snd that Korea would buy about 350 nnn bushels later in the day. The United Kingdom already had taken a moderate amount ol corn.

CHICAGO, March 17 Thursday trading range; WHEAT Jiy I 1914 Sep 193 1941, cons May 1.16H its Jly 1.184-8, 120 Pee 1.144 1.164 OATi May 854 Jly 61 62 Rep 124 634 RYE May 129 Jly 1.14-144 1 16 Rep 116, 1.174 Dec 1.20'j 1.224 1 90 1.93 1914'-, 1H4-4 1.164 1.164 1.144 1. 174-11 1 194-20 1 154-16 84 824 624-' 63? 1 174 1.14 1 16', 1.204 i.29 1.184-1 1.17 1.214 90YBEANH May 2 24 4 't Jly 1 264-26 Rep 5214.4 Nov 2 20 4 Jan 2 23 I.ARD May 1157-58 2 25', 126 1 134 2.214 1244 1244 2 26 1.114 2 19 4 2 23 I264-S 1 274-4 2,234 1 214-4 2.24 4 12 75 37 12 II 11.80 12 52 12 17 11 92 11.70 12 68 12 27 12 00 11.70 Jly 12 22-20 Hep 11,93 Oct 11,70 Stock Sales NEW YORK. March New Tort 8tock sales. Appro 1 lpm. total today 1 220 004 Previous day 1 990 not) Week ago 2 263 1W) Month age 1 674 640 Year ago 1 9:6 87(1 Two years ago 3.495 15 Jan.

1 to data 131.643 450 1957 to dale 1I9.T.19.73S 19.66 to date 15.1,960,424 Naval Stores The Associated Preaa AVANNAH. Gs Msrch 27 Cum naval stores Thursday: Receipts, turpentine end rosin none; shipmentg, turpentine 123, rosin none; stock, turpentine 1.250, rosin I'll, i tun 9-0603 V. H. VALKtR, CJbtirmsn Miami NIVU-S3SO NI tn Av.r)4e Miami. SCO NC 12Bth StrM Of: MP: P9ynj9ynrji Livestock Florida The Associated Press JACKSONVILLE.

March 77 F.stl-msted receipts at Florida suction markets totaled 8(10 cattle end 300 calves compared with 856 and 272 one wsek ago, The Federal State Market News Service reported Thursday, In auctions Wednesday compared week ago at Arcadia slaughter steers active and strong, heifers and 50 I. Ik) higher, cows steady, scarce, Ktocker and feeder steadv. heifers 80 1.00 higher, calves hulls steers calves helftrs 1 (Mi 2,00 higher, cows scarce. At Klssimmee daughter Investment Companies TODAY'S QUOTATIONS The Associate Press NEW YORK. March 7 -(API (Natl.

Assn. Securities Dealers, Inc.) Hid Asked Hid Asked AhrdnFd 1.51 Affiled 683 AmRusSh 3 92 AmMuKd 7 38 AsscKrtTr 1.33 AtnmDM 4 43 AxeHoughton KdA 4 97 166 InrFd 6.71 II 6 31 lnM 11.48 12 53 4 19 IntlRfM 3 44 3 76 t.Ol Invt'nA I 06 61 146nvTrBs 6 98 9 SI 4.84istelFd 28.38 28.96 JeffCKd no no 40xxJnMii 19 34 1( 34 FdB 7.1 SlkFd 3 46 MI KeystoneCust 3 76 i 25 II 36 Jl AieRratEl 4 10 30 AxeTC 20 7 9 22 7 2 R1 22 4.1 24 41 15 19 16 68 60 I 61 186 8 59 71 10 6fl 14 38 19 6 9 71 10 60 10 54 II 5 7.27 7 94 90 10 71 6 6.1 6.17 10 49 11.47 BIRIM 10 07 10 95 h. 19.17 20 61 BdlTrA Bos Kd BrSI BullKd Calif I- rl "snGKd CdnFd CdnlntG CapVen C'tySrtT ChemFd 14 l.o? i4 81 K2 61 84 11 32 12 41 8.1 7 46 11 14 12 04 16 OA 17 37 6 58 7.19 FeCsn KnlrkKd 4 67 5 12 lxTr 22 02 23 si J5 .73 17 01 Lex Vent 1011 9 83 av Llfelnsur oIKd omwlth Income 7 77 a in is StkFd 8 26 5.74 Invest n2 tl.UU StkFd 11.63 1263 ManagFund Composite Auto 4 20 4 63 BASrd 16.45 17 as Fund 13 96 15 17 Klee 194 114 Genlnd 3 14 3 46 Mete 40 63 Paper 3 23 3 89 Petrol 1 49 2 76 Spec 2 38 2 59 Trans 1 18 1 37 C'rdKd 13 26 14 34 onsIT 13 625 16 75 CrWI-PI 6.73 deVegh Invest 13 47 13 ai MutFd 65 00 69.50 WanBFd 35 6 Msss 9 47 10.41 10 30 11 14 7.99 8.79 InvGrth 1.67 10 35 LlfeFd IS 34 19 63 84 40 I F. 13.30 14 31 7.78 8 83 MUTUAL pelswere Fund Inc. Divers Gr thstg OivlvFd PvsfdTE IS 49 17.55 InvFd 8 6d 9 Jl PivdRh 2 55 2.79 xxhri 12 36 12,36 freyFd 9.28 10 07 Trust 2 6 311 F.atnniHow nationwide Bal 2d so ri hi necur 18 32 19 82 Stk 19.08 20 40 Natny 123 F.ieotlnv 4 44 4 e.

NstSecSer r. gvF 133 90 135 26 roultvF 6 34 6 67 Ralan 9 10.65 Bond IM 8 86 Dli 3 13 3 51 PrefStk 7 28 7 96 Inc BOA 6 51 FdltvFd 12.10 li.iw 4 68 16 67 3 27 3.56 Fldcryit F.I.F. FlaOro 4 31 5 12 7 45 8 80 4 71 Stk 6 7 80 2 32 Grin 8 87 6 09 8. 10 Fd 19 59 16 NYCC 28.80 30 626 9 67 NCF.Sh 141 9 19 6 73Peo9ee 11 59 12 70 Fla Mut FndMtF FrankCus ComRer PISer 5 20 Fundlnv 14 OR 15.43 PhilF 7 68 9 39 GaslndF OenCsp 11 77 12 86 Pine 37 K) 57 11 7S 12.70 PionKd 13 12 14 26 PrTRG 29 64 29 94 GroupSee Automo 1 47 Aviation 8 95 Building 5 76 T.10 PurFd 5 76 6 9 61 PutOF 11 46 12 46 32PutGlhF 10.6 11.46 7.14 SrNue CapOrth 81 Chem Com St 11 05 12 10 rund 10 09 10 09 10 73 11 759eudFC 39 1241.50 Electron Good FullAd GenBd IndMch InstBd Merrh Mining Petrol RRRd 26 6 87 xxsciidder a 67 6 54 7 16 iii'i xi li 32.7J 50 x8cudStCk 7 OomH 20 99 20 99 a a5 SelASh 7 7.1 8 36 8.25 en nnar I in ioo9 1105 5 81 6 40 Oolnv 11 23 12 30 in ii li ns Sovlntr 1109 12 16 2 05 I 27 ,3 xxRtelnRAF RREqulp 4 57 RRStk 6 98 6 02 Fund 29 21 29 51 i 'erIF HI TelEIF 10 16 10 74 10 36 11 29 7.67 1.36 Steel Tnbs ceo l'tilitiea 8.72 5 71 GrolnS GuarMt 13 SO 14 21 TcVd 15 39 15 68 ronlF IncF 408 441 9 64 10 48 8 30 6 89 8 82 80 HamllFd HC7 9 40 10 27 HOA 4 00 no i-acn 13.41 14.58 xxHavFd 2.1.07 13 07 ValueLlne IncKdF 2 24 1 45 6 61 4 32 2.11 6.68 7 69 1 13 4 94 2 52 IncFBos 6 66 7 41 7.07 7 28 incFd 6 10 RplRit 7.64 WsllRIn Inclnc Inclnv Instit 7 26 9 40 WaMIn 10 02 10 97 WsllFd 9 09 9 95 White 1.26 10.13 WIsFd BsnkFd FdFd GrnFd 12 03 13 12 11.31 12.23 4.6(1 II Fi f'vf America's Surplus I Four I I Frt Liberal 4 twice each 1 iV 'CS. Swan Bcrgstrom.

executive vice president, Cincinnati Milling Machine Co. 'one of the industries hardest hit machine tools I was quoted by Fortune: "For years, we in this country have lived high off the hog. Now we've got to eat pig's knuckles and sauerkraut for a while." Business men recognize the unemployment problem. They also recognize that big business has priced the consumer out of the market in many instances. They talk lower prices but no one is willing to take the lead in price reduction because costs of production are high and getting higher.

David Kennedy, president, Continental Illinois Bank, is quoted: "My big concern now is costs. We have got into a situation where we don't get price cuts as fast as we used to, because of high, rigid costs. This is partly due to the strength of labor demands. We may have to break through some price floors to get out of this situation." How Long? How Long? How long is this recession going to last? When is the turning point? A St. Louis banker commented: "The ranks of the six-month club are thinning; membership in the one-year club is growing." The chairman of the board of the Lucas County Bank, Toledo, 0., did not look for the recession to "end until 1959 or 1960.

MEXICO NASSAU HAVANA anywhere else you want to go. expense trips from Caribbean ITOURSW txperts since 1071 329 I Flagler Miami, Florida FR WVVV.W pattern, The durable growers, processors, Markets Feed easy: Western bran, per ton, basis Buffalo 4100a. Hops steartv; Pacific Coast delivered N.Y., 1957 crop; eeedlesa 1.4H-4I1; semi-seedless 1.40-42; clusters 1.37-39. Tallow eaay: Per F.O.B., N. tank can: Special loose extra loose 7.

Greases easy: Per F.O.B., N.I., yellow 7: house ln. Nominal; A Asked. Chicago Potatoes The Associated Press CHICAGO, March 27 Potatoes arrivals 61; on track 324; total U.S. shipment 670; supply moderste- demand slow: market dull: car lot track sales; Idaho russets 5.40-5.75; Idaho bakers 6.1.V6.20; Minnesota North Dakota Red River Valley Ponllacs 4.90-5,25. Treasury Position The Associated Pre WASHINGTON.

March 27 The cash position of the Treasury compared wilh corresponding date a vear ago: March 24, IMS March 22, 1957 Balance: 15,112,306.814.90 Deposits fiscal year July 1: lr.7.419.844.464.84 J.M.557,978,449.14 Withdrawals fiscal year: S5H.493.fl49.2S2.12 155,993,071.629.70 Total debt: XS27.V053.171. 367.2.1 1272.14MOfl,S7.10 Gold 22 493.678.538.13 $22,305,264,599.34 x-Includes 1134.152,413.34 debt not subject to atatutory limit. Metals The Associated Press NEW YORK, March 27 Spot nnn ferrous metal prices Thursday: Copper 24 25 cents pound. Connecticut Val lev. Lead 13 cents a pound.

New York Zinc 10 cents a pound. East St. Tm cents a nound. New York Foreign silver SSH cents per Troy ounce, Mew York. Eggs and Miami The following Information is supplied bv the Florida State Marketing Bureau: EOGR: Florida produced Orsde A cartoned imin.

RO per cent Grade A I Market about steady pricewise, sup plies, fully ample; trading air. Price to Relallers: Large 55-65 most ly 68-84; Medium 51-60 mostly 55-56. ECGS: Bhlpped-ln Orsde A cartoned (mln. 80 per cent Grade A Market weaker, supplies fully adequate, trading fair. Price to retailers: Large While 57- 84 mostly 59-81: Ijrse mixed 54-Wi mostlv 55-57; White 55 80 mostly 68 67; Medium Mixed 51-58 mostly 54: Loose Eggs: Large White 68-82 mostly 50-62: Large Mixed 55-80 mostlv 57-58; Medium White 58-60 mostly 58-59; Medium mixed 64-57- mostly 84- 56; Rtandarda 51-53.

POULTRY LIVK: MARKET sleady. suppHes ample, trading fair. Prices al the farm: Hen turkeys, 30c. POI LTRY: 8. Grade A Ice-packed Ready to Cook Market steady price- wise, supplies sbout adequate, with trading fair.

Price to retailers: Fryers, all weights 34-38 mostly 35-38; hens i3-4 lbs. 29-35 mnslly 32; hens tover 4 lbs. 44-48 mostly 46-47. POCLTRY: Dressed and drawn nulek frozen U. 8.

Grade A or Grade Price to Retailers: hens inver 4 lbs.) 40-50 mostly 48; ducks 45-50 mostly 48-49: caponettes 49-56 mostly 53; fry- era 35-40 mostly 35. TURKEYS frozen readv too cook. MARKET: Held unchanged In prices: supplies short on roasted fryers and hens; trading fair. PRICES TO RETAILERS (including hotelsi small lots ll-ft boxes i. F-r 4-8 lbs.

50-54, mostly 82-54: Y. H. 8-14 mostly 53: small toms 3V45 mnslly 39-42; heavy toms 40-49, mostly 43-45. Florida The Associated Press JACKSONVILLE. March 28-(Federai-State Market News Service) Egss: Cartons Loose Large 82-55 mos 83-55 80-52 Medium 49 52 mos 50-55 47-49 Small 45 42-44 Jacksonville northeast Florida poultry: Broilers and frvers 20'i; hens, light type 15-16, at plants 16.

Chicago Poultry The Associated Press CHICAGO, March 27 il'RDAl Live poultry Thursday, no tone; Wed nesday recelpta were 62.000 lbs. wholesale buying prices unchanged; old roosters 14-15; caponettes under 4'4 lbs. 25-27 over 30 34; mostly oroners ann iryers under 4 ins riymoutn rocks 25-2fl; white crosses 22-23. Chicago Butter-Eggs The Associated Press CHICAGO. March 27 Chicago Mer canine fcxenange Butter steadv; re ceipts 1.567.OU0; wholesale buying prices unchanged; ti score A A 67'; "Though his pessimism was not generally shared," says Fortune, "very few businessmen in cities with much of their economy geared to auto manufacturing expected the recession to end this year." "I figure our customers will have to start buying steel in April or go out of business," says an Atlanta producer.

A Chicago banker found a degree of optimism among 30 business leaders in February. Did he personally think that business prospects were actually better, he was asked. "No, not personally," he replied. As to Washington views, a Seattle business man had this to say; "It certainly doesn't help when President Eisenhower talks about what the administration will do when business gets bad." And then about reaction to tax cut proposals, Fortune says: "The President's assurances that he would consider a tax cut if other recovery measures did not work was welcomed by businessmen but a majority earnestly hoped that it would not be necessary. There were a few advocates of income tax reduction, but most executives were more afraid of the inflationary dangers of a big budget deficit than they were attracted by lower taxes." Oldest Federal.

U.S. Charter No. 1 A and Reserves over 15 million dollars Vv, Largest in the South. V' Rttourctt ovr 200 million dollar Cohvenience 1 offices in Miami to tervt you if parking whilt you transact business fi' I IN dividends paid and compounded year. Current rate Ql Pf yr fj My to take advantage of the many jfif ft' benefits we have to offer yrv? Bid Asked 3i 4'i 13 14', .10 .11 Wi '4 ly 20' 22 7'i i 4 .20 .30 9 10 3014 32 'i 15', 13', 14'-, 2 2-, 10 11 l' Hi, 19 21 12'i 13', 11 12 Vi l' 3'.

4'. 4 '4 22', 2.V, 55 61 i 6', 7 5'i 1 1 2 11-16 2 5-16 2'4 2-, 7 4 8 3'i 4' 5 33 35 1' 1 1516 1', 19', 50 10 11 H'-i 19 l'i 1 9', inn. 13-16 1 -16 95 100 .5 .10 25 Vi 27 Jlortonl INSURANCE woitaioNfiiBJtitYicr I SINCE 1925 Adams Enrineerlni Air Control Prod. Allied Prod. American Banker! American Fire A Casua American Heritage American A C.

American Machinery American Title Arnold Altex Comm. Arnold Altex Pret. Cana, Javlin Colorado Oil Cas Commonwealth Oil Delhi-Taylor Oil Dixie Comm. Fla. Home Insurance Fla.

Public Utllitlca Fla. Steel Corp. fllffen Industries Oreat Atlantic Life Culf Cltiea Gas Gulf Life Insurance Hialeah Race Course Houston Oil H. W. Lay Co.

J.au Blower Lena ham Window Ludman Corp, Waekey Airlines McLean Ind. Miami Window One Hour Valet Pac. Power A Oltht Remark PL Pref. Riddle Air Ryder Systems B'esstern Pub. Service eastern Tel.

Slate Fire ft Casualty 1 Stevene Markets. Inc. Texas Int'l Sulphur Time Finance 7 Deb. TMT Trailer I Sugar Foreign Exchange The Associated Press NEW YORK, Msroh 27 Foreign exchange rates (Great Britain In dol lars. others In centsi: Canadian dollar In New York open market 2U per cent premium or 102,50 li.

8. cents up 1-16 of a cent. EUROPE: Great Britain (pound! 32 81, up 1-16 of a cent; Great Britain 30 day futures 2.80, up 3-32 of a cent; Great Britain 60 day future 2.60. up i of a cent; Great Britain 90 dav futures 2.79 3-16, up 1-16 of a cent; Belgium (franc) 2.00, off .00 1-16 of a cent; France (franc! of a cent, unchanged; Germany Western I Deutsche mark! 23 80. unchanged: Hoi.

land iguilderi 26.40. off .01 of a cent; Italy (Ural of a cent, unchanged; Portugal (eaeudo) 3.50, unchanged; Sweden (krone 19,34. unchanged; Switzerland (franc! (free! 23.34. unchanged; Denmark (krone! 14.50. unchanged.

LATIN AMERICA: Argentina (free! 2 49, off 07 of a cent; Brazil ifreei .93. unchanged: Mexico 8.01. unchanged; Venezuela (bolivar) 30.01. unchanged. FAR F.A8T: Hong Kong dollar 17.64, unchanged.

Produce Fla. Fruits FLOHTPA PR.ODITF. Avocados, Flats 2.50; rtrapefrults, Sid. Box Oranges, Strl. Box 4.7S-HOO; Pa-raym.

Lb. OSc-lOc; Strawberries, Pu SHIPPED INTO FLORIDA Apples, Box 125-9. Ml; Bananas ORc; Coconuts, Per ino (nn.anO; Lemons. 4 8td. Box 3 Pears, Box 5 7.VT.50; Grapes.

Flats 4.50-9.50; Pineapples, Crts. 2.00-2.25. Fla. Vegetables FLORIDA PROfH'f'E-Beans. Snap Bu.

4.00-6.00; Beets. Dr. Bun. 1.50-1.75; Broccoli, Crts. 2.25-2.75; Cahhafe, Crts, Cabhase, Rack 60-2.

00; Celery, Crts. 4 00-5 00; Carrots. Bn. 2.50. 2.75; Collarris, Bun, 1.25-1.

Ml; Kn-dive. Bun. 1. 50-2 011: Baca role. Bu.

Lettuce, Crts. 2.00-3.00; Mustard, Jiz. Bun. 1.25 1.50; Onions, in. Bun.

60c-75c; Parsley. Pj. SOc-75c: Pens, Knc, Bu. 6.00-6.50; Peppers, Bit. 2 Potatoes, 50 Lh.

Sks. 1.N1.J.28; Radish. Dr. Bun. 40c-50c; Spinach.

Bu. 2.50-2.75; Squash, Bu. 6.O0-10.50; Tomatoes, a Lh. Lues. 1.00-4.50; Tomatoea.

Bu. 6 00-8 00; Turnips, Dx. Bun. 1.00-1.511. SHIPPED INTO FLORIDA Broccoli, 14 Bun.

4.00-4.2.'i; Carrots. Oris. 4 00-5 00; Cucumbers. Bu. 4.00-11.00; F.RK-plant, Crt.

Leituce, Crta. Iceberg, 4.00-5.00; Okra, Box. S.5A; Onions, 50 Lb. Sks. 3.50-5.00; Potatoes, 100 Lb.

Pks. 5.00-6.50; Potatoes. 50 Lh. Sks. 2.85-3.25; Sw.

Potatoes, Bu. 2.75-5.75. i. Y. Produce The Associated Press NEW YORK.

March 27 Flour easy: (72 rer cent extraction 100 Ibsi spritis, patents 6 60 70; F.aslern soft winter straights hard winter straights 6 40 5fl. Rye flour easy; Fancy patenti uoo lbs i 5.65 Kin. Cornmeal nearly: (100 lbs) while -granulated f.03-2tm; yellow 4. 05 -20a. st Federal Saving's INVESTMENT OPPORTUNITIES MERRITT ISLAND CAPE CANAVERAL Large land holdings planned far profitable idling to imall Can show substantial capital gains return to investor! or group.

See Mr. Greene at Real Estate Soles. 2763 Atlantic Pompano Beach, Florida and Loan Association of DOWNTOWM-100 Nl 1st Ayenu COfiJIL WAV-27SO IW 22nd Street LITTLB WOiTH.

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Pages Available:
1,386,195
Years Available:
1904-1988