Florence Morning News from Florence, South Carolina • 5

With The Markets GRAIN World Commies cotton spot 3230N unchanged Wil Churchmen Laying Strategy 31 or Action in Torn World coexistence ap the win 36 was the II 'A 26 the checks 41 42 standards 426 44 store decoration Wall Street Views Banks Holding Views of Gloom 7 I I IB A A a TETTERINE 37377 5725 Dr Tom Dooley Given Release of the Soviet its proposals must work to pre called the forces of Monday and will eye ap artistic futures small 1200 1195 1209 1217 1208 those fif but could 10 BO 1060 1050 10 70 1070 Jones Oil (New and Min at 23' Exchange RANK BRAND 307 Evom Street yv 86Y a Cola Bol NY Credit Edis Can Prod Stl Close 203i 2051s 202 185(4 188'6 1084 109 1124 115'4 114 58 8365 1 S5W 108'4 11414 1 17'4 11714 2164 221 2244 226 216 That soothing TOUCH 13 34 a 14 21 37 2 12 37 65 Airl Can Enka A Smelt 374 15M 32 2fi 76 5 64 Vs 24 22 15 44 41 38 95 Red in Hospital HOLLYWOOD Comedi an Red Skelton is in Cedars of Lebanon Hospital for a checkup because of excessive tiredness He was hospitalized Saturday and his TV show Tuesday night with Di ana Dors was canceled A pre viously taped show with Kennan Wynn and Adele Mara will be substituted on CBS 74 404 404 264 464 26 43 H's 434 closed steady and unchanged Sales 750 low middling 2575 middling 2975 good middling 3045 23 18 31 19 78 55 95 42 43 2n 29 4292 424 54 54 16 49 24 33 34 54 37 44 45 3u 19 44 604 Pope To Talk VATICAN CITY' AP) Pope John XXIII will broadcast an nual Christmas message to the world this year at 2 pm Eastern Standard Time Dec 22 the Vati can announced Monday year gift fist the ones to whom you want to give something that will be a lasting expression of your affection? Need Ideas? Give securities They are suitable for all male or female young or not so young We can handle die details for yon Call ns now in time to have the certifi cates in hand for Christmas 28 i 73 179 churchmen with their sense of awe and mystery in worship Con gregationalists with their stress on local responsibility Lutherans emphasizing salvation through faith rather than works the Pres byterians stressing God's sover eignty in all life the Baptists with their dedication to separation of church and state the Quakers with their for di vine' guidance the Episcopalians with their emphasis on historical continuity and many more Altogether the delegates repre sented churches with 40 million members most of the major Prot estant and Orthodox bodies in the country has been a Dr Ross said which the church es have come to know and under stand each other better and de veloped mutual And in the present world situation he said there is a desperate need for them make common cause in the name of As the assembly whose council WHAT THE STOCKS DID NEW YORK Ready for Christmas? Winnie Checked LONDON (AP) Sir Winston Churchill went by ambulance Monday from his home to a doc tor's office for an ray checkup on his injured back The former prime minister 86 last Wednes day chipped a vertebrae in a fall at his Hyde Park residence three weeks ago dv A 60 384 23 79 16 40 116 28 35 35 15 41 NEW YORK Bleachable seed Sales 144739 144739 6207182 15 a bale Yule Contest Slated Again At the Beach MYRTLE BEACH Special 1W cognition and awards will go te four business or professional Gm of the Grand Strand which fa play outstanding Christmas deco rations The fifth annual Christmas Do corations Contest is open to all members of the Greater Myrtle Beach Chamber of Commerce from Little River to Pawleys Is land In addition to the regular trophy awards an appropriate award sign will be placed in front of the winning businesses on Dec 20 to give recognition and an ex tra business stimulant to ners Judging will be on and Tuesday Dec 19 20 be based on orginality peal human interest workmanship and advertising or business value The contest for business estab lishments is being sponsored the Beautification Committee of the Greater Myrtle Beach Cham ber of Commerce to stimulate in terest in displaying attractive yuletide decorations Warren 8 Cromley is chairman of the pro ject Awards will be presented in tho following four categories: (1) Beat decoration of any type with a Ro ligious Theme (2) Best outside do coration for a lodging estabfiA ment (3) Best outside decoration for any firms other than lodging at 10000 An Associated dispatch quoting said the toll will be 24 32W 516 394 434 BENNETT CA8MKNAB WMO1MB Now in Our 35th Year Nat Gai Pae Ry Brandi Oil Cal OU NJ Stevens Swift Co Texaco Texas Gulf Sul Textron Corp Twent ox Un Carbide Un Pac Unit Airlines Unit Aire Unit ruit US Rubber US Steel Univ Leaf Tab US Tobacco Vanad Corp Va Car Chem Warner Pic WVa Pulp West Un West El Winn Dixie Woolw Young SHAT CHANNEL BLOCKED The Norwegian freighter Kvernaas lays crosswise Gov ernment Cut in Miami Har bor Monday after she hit a stone jetty and drifted into this position She blocks the only entrance to the harbor to all but small croft (AP Photofax) rom Hospital HONG KONG (AP' Dr Thom as A Dooley was released from a hospital Monday and said his im mediate future depends upon iron maiden a brace now being made for him The American medical mission ary entered a i a 1 last Wednesday with a back ailment Doctors said rays showed de struction of spinal bone structure likely due to extension of cancer A malignant tumor was removed from his chest in New York last year 4 Dooley 33 came here last week on a tour in behalf of Medico the organization he helped to found to take medical care to remote parts of the world He pioneered in such work in Northern Laos If I can walk and work with my iron he said in an inter view will leave Hong Kong right away and visit all my seven hospitals in this part of the world Then I want to spend Christmas at Muong Sing in the jun gle of Northern He said if he cannot get around in the iron brace he may have to return to rusty jungle in New York and see what else can be done! I am not going to quit I will continue to guide and lead my hospitals until my back my brain my blood and my bones Dooley has lost 14 pounds in the last six weeks As if murmuring to himself he said: is silly to worry about cancer 1 am not going to let cancer destroy 13' 164 264 41 74 30 214 SAN RANCISCO AP) A Ark variety of Christians set to work Monday to hammer out new strategy in a period de scribed as the most cataclysmic in recorded history The task faced by the churches as great as that which con fronted our forefathers at the time of the the triennial General Assembly of the National Council of Cnurches told A wide ranging report on the state of the churches and world presented at the opening business session by Dr Roy Ross council general secretary said: fact that the world is in a state of upheaval and change provides the church with an op portunity such as may not come again in The call to action was placed before a mingled potpouri of church delegates representing 33 denominations each with their own distinctive earmarks There were Eastern Orthodox for two weeks a few months ago did not identify the letter writer because of East Pakistan's cen sorship restrictions The latest press reports from Chittagong placed the death toll from two storms one after tin other Press tires never go far higher The letter to Patrick said: the evening of Oct 31 the wind blew for about 2'3 hours at times reaching a speed of 150 to 160 miles an hour lashing Chittagong bringing: down every tree in the city and also creating an electric storm in the atmoa phere thus burning all greenery here Chittagong now looks lite naked city tidal wave which followed the lashing winds traveling at 10 knots and 37 feet high took the inhabitants of the outlying areas in the vicinity of the airport and riverside by surprise People could not take any shelter and tao safely say that 50000 men won en and children and thousands at cattle were killed due to drowi ing were asked not Io show high figures as this will create panic amongst the flliter ate masses (sic) The salt water of the sea has destroyed the entire crop NEW YORK (AP) Closing Dow stock averages: Middling Nominal id Middling 2975 2975 2950 29 50 3(1 25 30 0O 30 50 3075 30 70 3065 3090 29 40 30 253100 3230 for SKIN IRRITATIONS Soothing healing Tctterine works nir aclea when it touches itching akin When itching it d' to athlete's foot cremacables surface rash or harmless insect bite vuu feel such hanpy reiief in seconds If your druggist cannot supply Tetterinet 76 to the Shuptrine CoM Sasannah Georgia Sales 750 E595 6869 11604 69054 1 898 2924 612 LOU carries on a wide array of co operative church work began en gineering its future activities an appeal for even closer unity stirred wide interest It was made Sunday by United Presbyterian executive the Rev Dr Eugene Carson Blake of Phil adelphia who outlined a blueprint for merging four large Protestant churches with others eventually asked to join' The proposal which brought generally warm response from several church leaders calls for uniting the Methodist Presbyter ian Episcopal and United Church of Christ which is a recent mer ger of Congregationalism and the Evangelical and Reformed Church This would involve about 20 million Protestants Other denominations subse quently would be included The plan patterned after a merger of Episcopalians Congre gationalists Methodists and Pres byterians into the United Church of South India in 1947 would com bine and characteristics of the various bodies By JACK LELER AP Business News Writer NEW YORK Two of the nation's major banks used the terms and Monday to describe the current economic dip The evaluations were made in the monthly business analyses of the irst National City Bank and the Morgan Guaranty Trust Co both of New York City irst National said the business news of recent weeks has been on balance nei ther acceleration nor reversal of the mild downward It added that renewed decline in hew orders and some further increase in unem ployment provide evidence of con tinued weakness but contrasting indications of resiliency are found in the good showing of personal income retail sales and construc tion contracts As 1960 enters its final month said Morgan Guaranty Trust signs hold a thin mar gin of dominance in a business situation still reluctant to commit itself either to a deepening of the contraction or to resumption soon of an upward The bank feels that except for automobile sales and production reliable indications of strength are generally lacking and the weight of evidence suggests that slight i easing persists in over all econom cotton higher Close 1200 1207 1215 1222 1208 NEW YORK The stock' market was irregularly lower Monday despite high speculative interest in some of the and other food stocks Trad ing was act he The Dow Jones industrial aver age fell 251 to 593 49 The Associated Press average of 60 stocks declined 40 to 21370 with the industrials down 100 rails down 10 and utilities up 10 Standard and 500 stock index closed at 5531 down 08 Volume was 3:29 million shares compared with 314 million on ri day Chock ull Nuts was the most active stock up 1 at on 92 000 shares Second was ore most Dairies up I'A at 15V on 59300 shares Third was Libby McNeill Libby up 12 at 11 on 52400 shares Next came Standard Jersey) up at tieapohs Moline off 114 American Stock prices were generally lower Vol ume was 139 million shares com pared with 122 million on riday Mead Johnson apparently affect ed by fear of competition for its Metrecal diet food fell 4'4 Corporate bonds were steady to slightly lower as trading fell off US Government bonds posted their fourth straight rise Dealings were light Allis Ch Mfg Am Am Am Am Am Am Tob Am Tel Tel Anaconda Corp A 1 Atl Ref Avco Mfr Babcock Baldwin RAO Beaunit Mills Bendix Avia Beth Steel Bigelow Boeing Airp Borden Co Borg Warn Budd Co Burl Mills Bur Add Meh Car 8i Case JI Caterpil Trac Delanese Corp Ches Coca Coca Com! Cons Cont Corn True Curt Wright Doug Aire Dow Chem DuPont at Airl Eastman Kod 108H irestone Rub 34 lorida pw ord a rueh Tra Gen Elec Gen ood Gen Mot Geneseo Inc Goodrich Rub Goodyear rub Green HL Greyh Bus Gulf Oil Int Harv Int Paper Int TAT Johns Man Kenneeott Corp Lib Me Lib Ligg A Lockheed At stock market may be re quired to absorb additional tax and other selling in the immediate future but we believe it is near enough to a turning point to war rant buying of carefully selected issues for under invested ac comments Standard Corp Edmund Tabell of Walston Co predicts that after some possible further irregularity in December the Dow Jones indus trial average will advance to the upper part of the 600 645 area by January or ebruary Then after a technical correction toward the lower part of the area in early spring he expects an attempt to reach new high territory aoove 685 later in the year Shearson Hammill Co be lieves that despite brighter look ing general prospects over ca pacity in many basic steel oil automobiles many home appliances chemicals and build ing is likely to remain a restraining influence on many old line stocks it says would for market leadership to remain in the hands of many new glamor and off beat com panies whose earnings are on the rise as the result of still new so cial and economic trends such as book publishers discount retail ers vending machine firms busi ness machine producers televi sion broadcasters and finance Tokyo Growing TOKYO (AP) Already most populous city in the world Tokyo is expected to top 10 million next year the Sta tistics Bureau predicted Monday A census last October gave Tokyo a population of 9675600 London is second with 8222000 on the basis of a 1958 census THE LORENCE MORNING NEWS Tuesday Dee I Mt Tidal Wave Claimed 50000 Editor Told CHICAGO (API (USDA) Butter: Wholesale selling prices unchanged to 4 higher 93 score AA and 92 A unquoted 90 61 Eggs: Prices paid delivered Chicago un changed to 14 Igher 60 per cent or better grade A whites 44 464 medium extras 36 37 NEW ORLEANS (AP) Cotton advanced here Monday on a amount of trade buying and short cover ing Closing prices were steady 70 cents Dec Mar May Jly not Closing bids: Sep 1209 Dec 1190 ATLANTA (AP) Demand for ready to cook poultry fair to good Price levels steady and clearing available supplies in moat instances Those prices on low side of tentative price range quoted in isolated instance only Payments for broilers and fryers delivered to plants range from 4 14 cents per lb above reported at farm prices Estimated slaughter by processors Monday 1442000 head compared to 1364000 head last Monday MARKETS AT A GLANCE NEW YORK Stocks Lower diet stocks advance Mixed governments up Higher trade buying A CHICAGO: Mostly higher old crop months strong Higher short covering Higher with corn Higher good demand Steady to 25 cents higher top $1850 Slaughter steer steady to 15 cents lower top $2875 OICE SCHOOL CONSIDERED This is an artist's conception of the skyscraper that would combine a commercial high school and office building in New York where the Board of Education is studying the feasibility of using city owned land for the purpose in Mid Man hattan The 41 story structure would have the school on the first eight floors and its own side street entrance Students ond commercial workers would not mingle (AP Photofax) NEW ORLEANS (AP) The average price of one inch spot cotton at 14 desig nated Southern spot markets Monday was unchanged at 3021 cento a pound previous day 3021 week ao 30 19 Month ago 3020 year ago 3169 average for the past 30 market days 9L20 mid dling 15 16 inch average 2846 sales 144 739 COTTON NEW YORK Cotton fu tures closed 25 cents to 115 a bale higher Monday A good demand for spot cotton expectations of a further reduction in carryover stocks at the end of the current season and anticipa tion oi a higher government loan on the 1961 cotton crop touched off commission house and trade buying Gains extended to $170 a bale in late dealings although commission house selling and hedging pared a fair part of the rise by the close A private crop survey indicated that the final stages of 1960 cotton crop harvest are progressing rap idly except in California where recent rains hampered cotton pick in' and lower grades NEW ORLEANS (AP) Spot uicu nets New Orleans Galveston Houston Dallas Memphis Little Rock Montgomery Augusta Atlanta Charleston resno Lubbock Greenwood Miss Greenville SC New York Total Total for week Total for season utures closed 25 cents to $1 AmresfMW Bankers 1 STOCK AVERAGES Compile by The Associated Preu livestock CHICAGO (AP) Pnces in an active butcher hog market Mon day were steady to 25 cents high er'with the entire supply of 9500 head selling out early Shipper interests were especial ly good bidders and buyers paid a top of $1830 a hundredweight for a few 210 mixed No 1 and 2 grades Some 218 pounders moved at $1835 but the 190 230 lb Offerings grading mixed 1 2 and 1 3 sold at $1775 1825 All other weights and mixed grades were $17 18 and sows $1325 16 Activity in the cattle market was somewhat slower and slaugh ter steers and heifers sold steady to 25 cents off The supply of 22 000 head included only one load of strictly prime steers It scaled 12501800 lbs and brought $2875 Mixed Choice and prime ofall weights moved at $2550 2850 andthe grade at $24 75 26 Heifers sold 'up' to $2725 for mixed choice and prime The choice grade was $25 2625 good $23 2450 Vealers and weresteady Vealer offerings graded good and choice and brought $21 25 bulls were $17 20 for utility and com mercial Stock Mart Irregularly Lower Despite Speculative Interest BOND AVERAGES Compiled by The Auoelated Preu Lorillard Lowenstn A McLean Truck Min Maid Mont Ward Natl Bis Nat Cash Reg Nat Dairy Natl Dist New Eng Elec NY Cent No Am Avia No Pac Olin Math Owens Cng Param Pic Penney Penn RR Pepsi Cola Pfizer Phillips Pet Proct A Gam Pullman Co Pure Oil Radio Corp Reeves Bros Repub Stl Reigel Paper St Reg Pap Scab Al RR 734 Sears Roeb 74 Saconv Vac 34 Sou Car EAG 64 i Southern Co 32 4 Sou 714 Sou 16 Soy Std Sid Std 1 itod demand good Pxlaimhia seedlings 3H 32 lorence: Craitfeburg: fituarts 38 mixed 30 seed prices to growers per bushel dr ivered bulk: Anderson yellow and white corn '120 wheat 175 soybeans lw Dheraw yellow corn 11a wheat Columbia wheat 190 Darlington yellow and white corn 105 soybeans 198 New berrv yellow corn 117 white com 107 soybeans 2 Orangeburg yellow corn 117 white corn 112 bean 195 Spartanburg yeUow eorn 10 white corn 112 soybeans 3 09 Columbia local bwm I steady et 18 lorence andKingstrea eash buying rtationa steady at 175A Trees to Trinidad HALIAX NS The Hal ifax Junior Chamber of Com merce has sent 35 Christmas trees to Port of Spain Trinidad to help decorate the British West Indies city for the yuletide Pledge Efforts To Stop War LONDON (AP) world Communist movement declared Monday night that waris not fa tally inevitable and pledged a fight to prevent one Red China a sometime dissident joined in the declaration The manifesto approved at the recent Moscow meeting of Com munist leaders from 81 nations was published in the Communist London Daily Worker and the Italian Communist organ Unita in Rome The 20000 word state ment represented endorsement of Soviet Premier peaceful coexistence line and re jection of the Red Chinese thesis that war with capitalism is inevit able striking and confident dec laration that war can be prevent ed comes today from the 36 mil lion strong world Communist the Daily Worker Leaders of 82 Communist parties who met in Moscow last month unanimously adopted a statement in which they pledge to devote all their strength and ener gy to delivering mankind from the nightmare of a new world Red President Liu Shao Chi put his stamp of approval on the a i 1 proach initiative government and aimed at easing international dis armament and peaceful coexist ence between countries with dif fering social systems have the sympathy and support of all peace loving nations and peo the Chinese leader said in a speech at Leningrad The statement from Moscow emphasized the dire results of nu clear war saying: means of mass annihilation and destruction have been developed which if used in a new war can cause unheard of destruction to entire countries and reduce key centers of world industry and cul ture to The Moscow declaration claimed that in the light of such an appalling prospect the forces of socialism vent what it imperialism from pushing the establishments (4) Best iniidolte button State Market COLUMBIA Market New Serv Ice reports a produce supplies too light Monday at the Columbia armers Mar ket to establish prices armers prices for eggs steady supply ample demand good Columbia area: large 52 medium 46 small 33 Hartsville area: large 50 medium 44 small 34 Lau rens area: large 51 medium 45 small 33 Charleston area: large 52 medium 43 email 33 Wholesale prices for eggs cases includ ed: Columbia area: large 61 medium 55 small 43 Hartsville area: largo 80 medi um 54 small 44 Laurens area: large 61 medium So smaU 43 Charlestoa area: large 62 medium 53 small 43 Columbia broilers and fryers steady at 15: Greenville and North Carolina 144 Georgia 14 154 mostly 144 Supply Co lumbia area fully adequate demand good Columbia heavy hens steady at 18 sup ply adequate demand good North Carolina turkeys firm supply adeauate to short demand good No hens reported toms at plant 244 834 mostly Pecans all areas stronger supply lun a I zszvzxrl 5 ftuarts 36 37 mixed 30 32 Xia 2 HtMdktte seedlings 27 30 Lexington: mixed 30 32 seedlings 30 I ROCK HILL SC (AP) Pri vate correspondence to a news paper publisher here reports that 50000 persons were killed in a ti dal wave in East Pakistan Oct The letter said that military government held down reports of the toll to avoid pan ic Talbot Patrick editor and pub lisher of the Rock Hill Evening Herald said he received the let ter dated Nov 23 from a resi dent of Chittagong East Pakistan who has access to official figures Patrick who visited in Chittagong 6 LAMAR SELECTION Priscilla Hill has been select ed as her school's Miss Hi Miss for" 1961 by members of the faculty and senior class of Lamar High School She will be honored by a special edition of the Winthrop College stu dent newspaper eb 24 State arm Bureau Goes Over the Top COLUMBIA South Caro lina arm Bureau ederation has exceeded its state membership quota for the second year in a row Brooks executive vice president has announced The final membership figure for 1960 was 20734 with 26 counties reaching their county quotas The state membership goal this year was 20643 Orangeburg County has the larg est membership with 1510 mem bers and Lexington County sec ond with 1236 Tshombe To ly ELISABETHV1LLE the Congo Pro Belgian President Moi se Tshombe of secessionist Katan ga Province plans to arrive by air in Brussels next Monday at the invitation of the Belgian govern ment He is expected to be decor ated by King Baudouin NEW YORK Domestic sugar fu tures No 6 closed quiet no sales NEW YORK The cotton textile market was quiet Monday with some prices easing on the slow demand for cloth The 284 inch 64x60 535 yards print cloth was quoted at 134 cents a yard off 4 cent from the previous level Demand for wool goods was slow Pri vate advices reported lower prices at Australian wool auctions In synthetic goods mills reported that only small scattered spot sales predomi nated COTTONSEED OIL oil futures closed 5 to 9 170 contracts High Low 1200 1208 1217 1223 1208 I if I Br 1 11 iOS A llllll I WSSSSS I 1 IWK id 'ia a HU I mi arwK UidbAteer) MM CHICAGO (API Open High CloM WHEAT Dec 2024 2034 2024 Mar 2044 2054 2044 May 2014 2024 2014 Jly 1854 1854 1854 Sep 187 4 1884 1 874 CORN Dec 1034 104 1034 Mar 1084 109 1084 May 1124 1124 1124 Jlv 1154 1154 1154 Sep 11414 114 1 144 OATS Dec 574 584 57 Mar 624 63 624 May 644 654 644 Jly 644' 644 644 Sep 65 654 644 RYE i Dee 1074 1084 1074 Mar 7 113 1141m 113 Mav 11714 1174 1174 Jlv 117 117 117 SOYBEANS Jan 2154 2164 2154 Mar 2194 221 2194 May 2234 2244 2224 Hl 2 25 2 264 2 244 Sep 2 154 2 164 2 154 LARD (Drams) Dec 1077 1090 1077 Jan 1055 1062 1055 Mar J050 1050 1047 May 1065 1070 1065 Jly Open High Low Close Chgs 30 Inds 95911 59752 59079 59349 30 Rrs 12627 12874 12671 12734 15 Util 9541 9624 9497 0566 028 65 Stk 19890 19991 19739 19843 higher than the previous close Open High Low Close NC Dec 3144 3165 3142 3156B 12 Mar 3214 3246 3214 3232 15 May 3259 3291 3259 3272 14 Jly 3300 3329 3298 3315 2 Oct 3325 3347 3325 3343B 23 Dec 3335 3358 3330 3343B U8 Mar 3340 3365 3340 3350B 15 May 3373 3373 3373 3363B 13 Jly 1 3330B 5 Mon ri Advance 427 548 Declines 420 Unchanged 230 255 Total issues 1262 1223 New 1960 highs 30 23 New 1960 lows 64 89 30 15 15 60 Ind Rails Util Stocks Net change Io (JP11 Mon 3132 1096 1072 2137 Prev day 3142 1097 1071 2142 Week ago 3196 1104 1067 2163 Month ago 3131 1089 1038 2118 Year ago 3436 1300 970 226 3 1960 high 3549 1362 1085 2339 1960 low 2964 1030 966 2026 1959 high 3556 1476 1026 2358 1959 low 3061 1238 934 2115 20 10 10 10 10 Rails Ind Util gn LYd Net change 1 Mon 77 2 95 2 85 1 840 909 Prev day 772 959 852 841 910 Week ago 776 958 853 839 911 Month ago 777 957 862 842 916 Year ago 76 4 91 6 82 9 853 S3 1 1960 high 78 8 963 872 864 92 9 1960 low 752 91 4 81 9 837 87 5 1959 high 828 948 862 862 92 7 1959 low 74 8 908 808 84 0 87 4 NEW ORLEANS (AP) Spot cotton to 3115 a bale higher Open High Low Close NC Dec 3155 3155 3155 3147B14 Mar 3224 3235 3224 3227B 15 May 32 47B 3267B H4 Jlv 32 83B 3110B 20 Oct 33 09B 33 38B 23 Dee 33 18 3338B 18 Mar 3325B 3345B15 May 3345B 3358B 13 TETTERINE.