Alton Evening Telegraph from Alton, Illinois on August 4, 1960 · Page 3
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August 4, 1960

Alton Evening Telegraph from Alton, Illinois · Page 3

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Alton, Illinois
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Thursday, August 4, 1960
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Page 3
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THURSDAY, AUOUJW 4,1980 ALTON EVENING TELEGRAPH PAOB THUMB News of Stocks Slump Holds Late Market NEW YORK (AP)-A prolonged summer slump held the stock market firmly in its grip late this afternoon. Prices continued to sag with key issues down tractions to a point and some more than that. Trading was moderate. Volume for the day was estimated at 2,400,000 shares compared with 2,470,000 Wednesday. A sudden spurt of trading in Avco aroused some excitement. The price was up %, then added to the gain. Avco, which is prominent In the missile and electronic fields, was most active Wednesday. North American Aviation also was active and higher. Martin stayed ahead better than a point, but Boeing pared its gain and other aircraft-missile stocks turned lower. Procter * Gamble and Merfek, both down more than 3, were prominent losers. S. H. Kress and Merritt-Chapman & Scott, victims of dividend omissions, fftH Ulan a ptjhtt, aloflg with Westing house Electric, Ford and East- mart Kodak. DuPotrt was off more man 2. Steels continued to decline as Bethlehem joined other leaders iri thp losing column. Even some of the defensive type stocks joined In the easier tone. These included Wool worth,' Montgomery Ward, International Telephone, Commonwealth Edison and American Tobacco. 12 Selected Stocks Following are today's 1:30 p.m. quotations on 12 New York Stock Exchange issues research has indicated are widely held in the Alton area, as supplied to the Alton Evening Telegraph by Newhard, Cook & Co., from Its Alton branch office. (The New 2:30 p.m. (Alton time), so these are not the closing quotations»: AT&T 88ft, Gen. Motors 42%, Granite City Steel 96%, Olin Math. Chem. 37%, Owens-Ill. 100, Shell Oil 32M», Sinclair Oil 36, Socony 3614, Std. Oil (Ind.) 36, Std. Oil, (N..I.) 40%, U.S. Steel 79'/i, Seam 53%. DON'T MISS SEEING OUR NEW ARRIVALS FALL SKIRTS AND SWEATERS A Tremendous Selection $ 2 98 - $ 8 98 Skirts, 22 to 38 Sweaters, 34 to 48 <> «> 4> I ' We Still Have a Nice Selection of Summer Apparel 4 ' < I I I < ' < ' I ' < ' ON SALE AT PRICE i' i' i > i • <' 217 PIASA Between W. 3rd W. Broadway Neivs of Grain* Wheat Future Prices Firm CHICAGO (AP) - Wheat futures wen? in faJr demand at firm prices moat of the time today bui other grata* on the Board of Trade lacked any decisive factors and ranged from strong to weak Wheat moved up major fractions to more than a cent with the July contract showing the broadest advance on support described as investment buying. Carlot receipts today were esti mated at: wheat 49 cars, corn 141, oats 97, rye 22, barley 9, soybeans 14. CHICAGO (AP) — No wheat sales. Com No. 1 yellow 1.20*4: sample grad* yellow 1.12%. Oats York Exchange closes daily at No. 1 extra heavy white 7014; No. 2 extra heavy white 7(H4; sample grade extra heavy white 63*4. Soybeans No. 2 yellow 2.19. Soybean oil 9'4n. Barley: malting choice 1,15- 1.25n; feed 85-1.02n. CHICAGO (AP)- Prev. High Low Gose close Wheat 1.86W 1.85% 1.86% 1.85% 1.92% 1.91% 1.92% 1.91ft 1.97% 1.96V4 1.97% 1.96% 1.97 1.95% 1.96% 1.95% 1.89 1.89ft 1.88 7 /g Sep Dec Mar May Jiy Corn Sep Dec Mar May Oats Sep jDec Mar May Rye Sep Dec Mar May 1.16% 1.15% 1.16% 1.16 1.12% l.llft 1.11% 1.12ft U6% 1.15% 1.15% 1.16% 1.18% 1.17ft 1.18 1.18ft .67% .67 .67 .67ft .71ft .70% .70% .71 .74% .73% .73% .73% .74ft .73V4 .73ft .73% 1.16ft 1.15% 1.16% 1.15% 1.21ft 1.20ft 1.21% 1.20ft 1.^5% 1.25ft 1.25% 1.25% 1.26% 1.26% 1.26% 1.26ft Soybeans Sep 2.16% 2.15% 2.16% 2.16% Nov 2.17ft 2.16ft 2.17% 2.16% Jan 2.21% 2.20% 2.21% 2.20% Mar 2.24% 2.23% 2.24% 2.24% May 2.27% 2.26% 2.27% 2.26% Produce Prices At St. Louis ST. LOUIS — Eggs and live poultry: Eggs, wholesale grades, large extras, 60-79 per cent A 30-31; 40-59 per cent A 28-30; mediums 26-27; standards 25-26; country run 24-25; dirties and checks 18-20; consumer grades, AA .large 34; A large 30-33; A medium 2830; A small 19-22; B large 24-27. Fowl, heavy 1-16; light over 5 IDS 12-13; under 5 Ib 10-12; fryers and broilers, commercial whites and crosses 17ft-18; old roosters 9-11. IRISH WHISKY PROOF CUT FOR COMPETITION Irish whisky now has more water in it and it may soon be cheaper, Dublin reports. 1*0 fight increased consumption of Scotch whisky the Irish beverage is now 70 proof instead of 75. An Irish pub owner says, "Most people prefer the mildness of Scotch, but if our whisky can be sold at a lower price there should be a I big swing to the home product." *B. T. S.' Snuder's THIRD •* I PUSA. ALTON "B. T. S/ DON'T WAIT FOR THE SCHOOL BEU- B.T.S." - Back to Snyder's Then Back to School Ideal for Kindergarten BUSTER BROWN KNIT SHIRTS Livestock Prices At East St. Louis NATIONAL STOCKYARDS, m. (AP)-(USDA)-HoKS 9,000; moderately active; barrows and gilts 180 Ib up weak to 25 lower, mostly 10-15 lower than yesterday's average; 170 Ib down steady to 25 lower; sows strong to 25 higher: bulk No. 1-2 190-235 Ib barrows and gilts 18.25-35; around 200 head No. 1-2 220-230 Ib I8.SO; mixed No. 1-3 180-230 Ib 18.00-25: few around 180-190 Ib 17.75: No. 2-3 290-28) Ib 17.25-18.00; few mostly No. 3 around 300 Ib 17.00; mixed grad? 150-170 Ib 16.25-17.50; 120140 Ib 13.75-16.25; No. 1-3 sows 400 Ib down mostly 15.50-16.75; few lots 17.00; over 400 Ib 14.25-i5.25: few down to 14.lt); boars 230 Ib up 10.50-75; lighter weights 12.5075, few 13.00. Cattle 1,500, calves 300; active and firm on heifers and mixed yearling steers; two loads high good and choice 1,170-1.200 Ib steers 25.00-50; majority steers good at 23.00-24.50: few standard andlowgood lots 20.00-22.00; mostly standard and good heifers and mixed yearling 18.00-23.00; few ots good to choice heifers 23.5024.50; cows generally steady; commercial grades finding least dependable demand; utility and commercial 14.50-15.00; few 15.50; earners and cutters 12.50-14.50; bulls unchanged; utility and commercial largely 17.00-18.00; veal- rs 1.00 higher; advance also appearing in slaughter calves: good and choice vealers 21.00-25.00; few reaching 26.00: standard and good 18.00-21.00; culls 14.00-16.00: good] and choice 250-hOO Ib slaughter calves 19.00-23.00. Sheep 600; receipts mostly; rucked .in spring lambs; spring: ambs near steady; good and choice 17.50-20.00; choice andj jrime mostly 20.50; around 12' lead 21.00; utility and good 14.00-' IC.50; cull to choice slaughter; ewes mostly 3.50-5.00. Tree Houses Merely Dens Of Iniquity SAN RAFAEL, Calif. AP Kids' tree houses are "dens of gambling, drinking, smoking and wrnographic magazines," says Sheriff Louis P. Mountanos. "I want them torn down." Mountanos said his deputies lave been looking in tree houses all over Marin County. One, he said, was stocked' with supplies stolen from a parochial school. Another was constructed from stolen lumber. Others were built >y youngsters who chopped down rees for material. And in one, the sheriff said. were pictures of nude women, a j wine bottle, beer cans, 33 packs; of cigarettes, dice, cards and a) 1st of gambling debts. j IT. S. Claim* Cuba Detains Reporters WASHINGTON AP ->• The United States today accused Cuba of deliberately seeking to "molest, harass and arbitrarily detain U.S. report rrs." State Department press officer Lincoln White made the accuse tinn while discussing the release of Charles Wiley, a New York radio newsman, by Cuban authorities. White said Wiley has been deported from Cuba and that no charges ever were made against him although he was held for eight days. White said that Cuba had not, to his knowledge, responded to a July t5 note about the arrest and expulsion of three U. S. correspondents. Cuba did reply to a June 17 note, he said, by declaring on June 20 that "since January 1959, Cuba has maintained unrestricted freedom of press, free from any censorship, monopoly or control." 'Sky Shield 9 Exercise Set For Sept. 10 WASHINGTON (Special) — | Federal Aviation Agency ap-i pealed Wednesday for support and understanding from the nublic, r ommercial air car riers and private and business pilots of the North American Air Defense Exercise "Sky Shield" scheduled to take place Sept. 10. The exercise would ground all cIVIl aircraft for six hours all over the nation. This would take place from 1 a.m. to 7 a.m on Sept. 10. i At. the time of day selected for the "Sky Shield" exercise, the U.S. would normally have about 1,000 commercial flights in the air carrying some 37,000 passengers, in addition to about 700 general aviation aircraft and 680 military flight. The exercise,, according to E. R. Quesada, administrator of Federal Aviation Agency, "is a vital training requirement for our entire air defense system." The most elegant idea in make-up since a lady first powdered her nose! Revlon's new'Petite Compact TELEGRAPH Want Ads "CLICK 1 Shoe Dept. 9 Main Floor Canvas Shoe Sale Cool Colorful Kedettes Completely washable J£WIL3 BY VAN CLCEF « ARPELS O I960 RtVLON, INC. Special Table! SUN STEPS 1.88 Reg. 3.99 This metal compact is filled with 'Love-Pat! You'll refill it because it's too beautiful to replace! A new fashion... designed exclusively by Van Cleef & Arpels7famous Paris jewelers. Slim. Light. Its gold-toned mejal dazzles with a diamond design. Filled with your favorite of twelve shades of 'Love-Pat'—the complete make-up—powder plus foundation. The price? f\ THRIFTY DRUG STORES ,e»—*» Read Telegraph Want Ads Daily Slws 1 to tx Ideal for Elementary Grades CAMPUS 6 to 18 SPORT SHIRTS Short wd LMQ Sto*vt» ... MM! for Hljh Mml TRIM FIT SPORT SHIRTS Leaf and Short Sleeve .. REGISTER FOR FREE PONY! Children to 14 yeors, occomponied by parents. No Purchase Necessary See Pony at Store Friday 10A.M. to 3 P.M. Snuaer's THIRP wd | MASA . ALTON A. A glorious example of Rothmoor artistry Is this clutch coat with the far-flung, notched collar marked with a luscious rose. The sleeves may be pushed up or down to suit your every whim and the fabric is softly gorgeous Marbella. Custom sizes 4-14. Use our easy credit plan! No money down! Take up to 24 months to pay as little as $3 monthly. 104 W. Third St. Alton HO 5-8851 thrill to the new fall and winter colors, the new jewel-like depth of tone, the subtle sheen, the pure woolen, miracle coating of softly glorious MARBELLA, B, B. Matchless beauty of design and supreme loveliness of fabric make this a star of 1960. Exquisite soft Marbella 100% woolen is used for this square collared coat with its unique and charming self- fabric band, The sole ornament is a stunning button of brilliants. Misses sizes 8-20. /W, "BUY NOW NO PAYMENT UNTIL OCTOBER lit." 79.98 R^THMOOf* V

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