Southern Illinoisan from Carbondale, Illinois • Page 29

SECTION ri Weed's Vlarcefs Weec's Markets 5 Carbsndale-Herrin-Murphysboro, Illinois SUNDAY, DECEMBER 18, 1960 Carbondalj Herrln Murphysbsrc, Illinois TPfl o)OUitli(Li li Ji Jl JuU P. LeohHDttieaBW Faeces rair i uu FREE FILM Eastman Kodak Film With every roil left to be dtve'oped 127 20 120 Biaelt ar.d White NEUNLIST STUDIO 213 W. MaLa PICTURE FRAMES Ciutora rrircisx Stasdard Frasuax All Sizea GUIETTE PAINT AND WALLPAPER 1912 Walnat Phsne 78-W Marrhjaboro Stock Market Shows Gain In Second Week Moncfay, Dec. 72, Through Friday, Dec, J6 Cash Grain Grain Futures AREA MARKETS Week's Previous Wcf Work's Ic. 16 Sson i 1 1 Low Cicse Huh Loa 221 1 77 1 2a LSjW 111 L.

l2 o's 2A 13 I 115 2W f- VA 1 imilWIli. I. In -i 1 11 11 I 1 I 1 I I 11 "I 11 'I 'I'' 1 in mm mm n. 5-0 111 I I -j .1 m. mm.

m. AVV '11 -m m4 2 yfQ mm- 1 WHEAT Dec 2.t"j:d By Ed Morse AP Business News Writer New York (AP) May Close Week i bs cons So. 2 (A 87 1 93 4 SOYBEANS 182! No. 1 Yellow 1.96-1.98 1.53-195 1.6 WHEAT No. 2 RfMl 1 32 1.84 1.80-1 82 Abovr quotations from selected area I ee ato' Prices at others may vary ii diiieiing transportation costs.) 1.1J1 4 eek (ohn 2.05! 4 2.03 1Mn 2 1.88 1.G3 1.12-..

i i 1.1."; The stock market last 2. or, 1 is: 1.04 in' 1.1.T- 1.14 2 2. On 2.02 l.S5:4 1.88-4 1.04 or 1.12-. 1.1478 1.14 .61 .65 2.07- 2.07 2.0J: l.f'i7 1 f4'4 1.15 1.18' 1.20 l.l'J'4 1.15' Th4 A churned its way through deprcs- mt sing economic news and a heavy snowstorm to post its second. 1.12' I Area Fruit straight wccKiv advance.

Dec .61 2 Mar Livestock Du Quoin Hogs were marketed in normal volume during the week. Top on closing Friday was $17.60, sows $13.50 and down. Cattle prices trended lower choice down 25 1 cents per liX) pounds, lower grades off 50 cent to $1. Closing ranges Friday were choice good $23-525. standard utility cows off 50 cents, cutters closing canners thin cows $7 and down; bulls also 50 cents lower, bologna grade commercial S13.50-S15.50, canners $12.50 down.

Veal calves, prime choice good S20-S23, standard utility $16 down: slaughter calves, 250-400 pounds, choice S20-S23, good 19, standard utility $13 down. Tax-loss sellina and sw itching May Sales were uell above prt''ous eek ileitis, stifcted area brokers report. Bi'okc-i reportir.R listed at 4,150 i bushels. carton packs. The increase Jul Sop in volume apparently is due to the Christ 2.1..-! 2.1 82 224 2.22' 2.23 SOY BE WS Jan 2.19:4 Mar 2.2:i7 May 2.273 mas gilt seion.

the brokers said. Trices quoted, which may difier from those st other points because of transporta 2.231 2.25" C.2.V t43 tion costs, are as follows 2.13 2.13'. led to confused, trcndless conditions most of the time but enough selective demand existed for Blue Chips to give the list as a whole a pretty good gain. The heavy storm early in the week piled up so much snow that the New York Stock Exchange was delayed one hour in opening, its first such delay in 26 years. Trading on the American Stock Exchange was delaved two hours.

2.3 2.33 2.13!s 2.11 10.07 9.97 9.R.3 9 f.7 9.53 9.31 Variety week's Previous Grade Range Week I Gold Del. bu. 52.75 S3.25 S2.73 S3 Same, tiav S3.M) $3.63 'Starkms, bu. 3 25 $3.35 (Rome B. Bu $2.80 not listed Turley bu.

$2.85 notlisted (Winesap. bu. 15 S3.25 jsamt. 10-4 bac S2.90 $3 S3 iljiliiuil jwiutuXmiTt Jl Ciic fninirrrr -miim'- miuj. iwwwwwwww A fcJMmmWMmW11) iVj xiio CAtHY in i i in i it II 1 I 1'''" jf jjAIMji ji S(QN 0 ICO mlmmmmmmmm, Jul 2.29' 2 27 Sop 2.18' 2.1t-;8 No-.

2.1.7 M3J. SOYBEAN OIL Ore P.fj 0.79 Jan 9.S.1 939 Mar 9 72 9.4" May 9.5") 9.34 Jul 9.34 9.18 Sep 9.10 8 SOYBEW MEAL rc 51.90 31.23 Jan 52.30 51. Mar 53.43 33.10 2.13 9 V'2 9 63 9.52 9.40 9.25 9.00 M.R5 31.95 53.23 2 25 53.25 33.25 2.12 7. S3 7.83 7.95 8.23 46 15 47.20 19.30 43.70 49.63 50.30 Bond Prices Z3 160 54 .90 55.20 5H.25 53.70 53. ft 53.60 THE GIFT THAT KEEPS ON GIVING Imagine a gift that for yers ta come, through the form cf a dividend check even three months, will remind your locd ores over and over again of your thoughfulncss.

A Gift that will not wear out. A Gift that will not go out of stlc. A Gift that will not became obsolete. A Gift that may grow in value. A Gift that will encourage the recipient to save further A Gift that will educate the donee in prudent habits of investing.

A Gift that may result in real tax savings to you by making it during your life-rime rather than by will as you may have contemplated. A Gift of sound securities can accomplish some or all of the above results for you, your children or grandchildren or any other natural objects of your bounty such as your favorite charity, hospital or university. If you would like to have further information, without obligation whatsoever, call or visit: I. AA. SIMON CO.

Business Established 1874 Member N. Y. Stock Exchange 213 West Main CARBONDALE GL 7-8106 or 7 8107 Charles J. Lerner Wallace F. Springer, Jr.

Leon J. Rissi il m. d. rr: 30 UU-up III UdUJUiiuuuu mm iju 53 4 53 2Q communication did not prevent 33 Mt. Vernon Hog volume was about the 15 0 Hnlrf Tin stocks from rising moderately on same as the previous week.

At I IVkU I close Friday, top $17.50, sows $14 and down. Monday. For most of the remaining part of the week they wallowed in confusing irregularity. Not until the final hour on Fri Value Of Steel Capacity Figure Is Questioned New York. Dec.

17 AP) By Richard H. Hoenig AP Business News Writer New York (AP) STOCKS UP For the second straight week the Associated Press average of 60 stocks advanced, closing Friday at 219.6 from 217.8 a week ago. Led by live stock and nonferrous metals, the commodity index declined for the third straight week, closing today at 160.1 from 160.6 the week before. Chicago Dec. 17 0P) Following is a summary of th? day did the list come to life de- cisively.

Blue Chips, led by high! quality chemicals and followed by Bond prices held tight or edged. hog. cattle and sheep markets upw ard last eek, keeping alive for the eek: steels, paced a rally which re- p- financial district talk of a ycar- i inouncea acain on me weeKiv s'; .1. ii ii. suuea in uie oesi one-uuy uuvautc rniiv Merchants Unhappy Eastern Blizzard capacity.

The over-all progress was slight Just how many lives this wiue- i but thai did not seem to hamper Stalls Hogs compared Friday last week: Barrows and gilts sold steady to 25 lower, sows 25 lower. Mixed grades No 1 and 2 and mixed No 1, 2 and 3 190-230 lbs 18.00-18.50 with mixed No 1, 2 and 3 and mixed No 2 and 3 220-240 lbs 16.75-17.75, uniform lots 220-230 lbs 18.00-18.25. Mixed No 2 and 3 and No 3 24O-2C0 lbs 16.25-17.03, mixed No 2 and 3 and No 3 260-290 lbs 16.00-16.50. Mixed nnuai inrisimas Buying the optimistis. U.S.

government bonds improved up to 5s of a point compared with the previous week's gains of 3i to Mi the best in over four months. Based on the AP averages only top grade investment quality issues finished higher among ecrp-orates. Other sections were un ly followed indicator of industrial health may prove to have is yet to be seen. But the steel industry has been anxious to get out of the glare of publicity tre index casts in troubled times. The output rate currently is just under 50 per cent of capacity.

That is, the mills are produci.g around 1.4 million tons a wo in more than a month. This sinqle hour of trading was responsible for most of the week's net gain. The demand for high quality issues was ascribed by brokers to an easing possibly temporary in the pressure of yearend tax selling. At the same time, there was some anticipation of a traditional year-end rally and. more remotely, hopes for a market advance in 1961 based on expectations of a business recovery by mid year.

The Dow Jones industrial average rose 6.83 to 617.78. By Jack Letter I third quarter to an annual rate of New York Dec. 17 (AP) $42.2 billion, down $6 billion from The weather gave business a the first quarter and off $3 billion grades 300-400 lb sows 12.75-14.75 changed or ported a minimum Mixed grades 400-500 lbs 11.75 13.00 Cattle choice steer yearlings 1150 lbs down 50 lower, other compared with capacity of 2 8'fjecjne million. i There was no question concern-And the industry thinks the puo-' i from the second quarter. As for the future: Gov.

Luther Hodges of North Carolina, the next secretary of Commerce, predicted the economy will begin to recover in the spring. He termed conditions of the past few months "a slight erring off." weights and grades slaughter The Associated Press 60-stockjUc draws too many concisions h. steers 1.00-1.50 lower. Slaushter average advanced 2.80 to 219.60. irom mis: dv overlooking the 17.316.485 shares ae amount ot output in tonnaRc of ovcrnmcnt securities u.

Vnlnirif vvns rnmnnr uifh 1J 14 7Jr, fho nrn- um 111 "'uriii uuuui Uil flu fnr Jmrt rsn.f. beating it could ill afford this week. With some segments of the economy lagging, a snow storm lathed the Northeastern section of the country, seriously disrupting Christmas buying, which had gotten off to a slow beginning. Merchants estimated lost sales during the height of the blizzard would amount to hundreds of millions of dollars. Of course, most of this money would show up in delayed buying but storekeepers vere apprehensive about how much would not.

Sales volume for the entire count rv this week fell three to buildup in capacity in rctcnt jcms cr. Cows steady to 50 higher, bulls weak to 50 lower, vealers full Prudential Insurance Co. econ-jvious week 1 'years anu wncn it might be lulivi The economic backdrop was UsC(i C(porate volume on the ev omists said they expect a bu.ines pickup by mid-1061. drab, indeed. Unemployment roscj Tllc s(ccj tapacily ratc shaIcsiVork stock Exchange topped Housing starts will increase i me it a jto record.

Steel i. million nar value Wcdnesdav. the 2 mooeraiei) next ear. ioreasi rrnH 47 7 ront 1 fifth brs nf thr vonr. npm nn ivm-ixi r- nine ti-rw ni i- Mclvin H.

Baker, chairman of Na capacity and the American Ironpuhic I(M)ki fof -dcs as (o; abbreviated and extremely sbw A- Sffol Ir.stiJiitp Hrcirlod thnt inL.i. .1. session Mondav because of a rc-2 steady. Balk choice and prime lb steers 25.00-23.25, but late from 25.00-27.75 with only four loads prime steers from 23.00- 28.25. Manry loads mixed choice and prime 1100-1400 lb weights! 26.75-17.50 at the close when some1 choice and mixed choice and; prime 1400-1600 lb weights tional Gypsum Co.

SaVs of the nnliance industrv 1 umcs are likely to Uei a.c 01 ine appliance laousirv dlscontinue thcsc 1 jord New ork blizzard, wcklv shrmlH imnrnvp si inhtlv in thp rst goou or naa. tcti men in particu SaOUiQ impiOC SllgnUN 111 Uie IlISl ratine Pnrxnn.n inr-nmpi? ivonme was 5.2'.i. 00.1.000 ose to seven per cent under the corrcs-jhalf of next year and then 5pccd jwas o(f in Xov. 1 7 previous ucek's ponding vveck of 1959. up the second ha f.

Ro.s Lmbcr "ncv, records Uvhich as the third busiest the Railroads reported thctr losses S.W. president of Adm.rol fw cm stl.a.h, Ilousing' J' Uk -mfl thc jvcar. Dailv average slipped to cf revenue and additional cxpens- Corp. starts in November were down h(, Xmeri.nn (i from S6.192.000. es because of the storm ran into Two major developments occur- T- Amcncin lion Steel In.ti-: brought 24.5O-2ri.50.

Load prime 1500 lb steers 26.00 at the cloe and several loads high choice and mixed choice and prime 1000-1125 the tens of millions of dollars. ml in the automobile industry. I tried to drop the index during oom, oeaiei sa.a u.c oe uer iiuw iwijna i lc re- on Kpn tmrT IOI1C III UO tI nillCIU pi lCC UIC I.iSi The storm halted automobile Ford Motors lost it new prcsi declined in November. iatin rate also was 50 per tu) uccks lins bccn Partl' tlue tf''lb btcer yearlinSs 27.00-27.25. Bulk i nmduetion at Chrysler Corn's, i dent, Robert S.

McNamara, -ni j.Wil rklnntiltrw iUn i Tiierc was notliiiv in all of this or lower. But with itv knuun zio general arcemeni Dy cco-icnoice sieei iaic, iuau ctFarmin-ton Baltimore. I when he was appointed secretary markct ntiment but too many persons figured the rate mMs that the business slowv o.s mixed good and choice 900 Md Bloomfieid. Mahwah andlof defense. Chairman Henry Ford these! out pretty closely and published wn will continue.

Less busin lbs bu. arge.y 1300 lbs 2J.5O-26.50 but with 24.50-25.50 late N.V.. 1 II. resumed the presidency. i statistics reier to what has al- anyway.

unianv mings lower m- t.ov,.ov Metuchen. N. Tarrytown American Motors, maker happened, not what isj Chester. and ix)rain. Ohio: terest rates which mean pne? grades 23.oO-24.oO.

Mixca cnoice rises for fixed income sccui'- land prime 900-1150 lb heifers al Motors plants at It amblers and ditributor of and the market traditional-! Seek Watershed Aid 26.00-27.00 but 26.50 down at the close, bulk choice heifers 24.75-, Wilmington, and Linden, JEnglish-madc Metropolitans an-jb tries to anticipate future bui-' Washington Dec. 17 (AP I Another observer noted tiiat jvj. J. jnounced it would pay bonuses in ncss conditions. The Agricultue Department; some investors who have As the year nearcd a close, government savings bonds to carl Despite the cross currents applications for planning as-jhoarding funds for weeks waiting 26.00 but few high choice 900-950 lb weights 25.25 late.

Mixed good and choice heifers 24. late there were continued signs of eco-j buyers in the four months begin-(stock trading. 756 issues advanced Stance under the watershed pio-jfor international and political un- tcction and flood prevention act certainties to clear were active nomic sag but expressions of op-ning last Dee. 1 if sales increase were received from 171 local or-jbuvers. as against 531 which declined among the 1.433 ises traded.

New highs for I960 totaled 107 timism and hopes for improve- 10 per cent or more over the cor ment in 1961. responding period of a rear ago. utility ii A 1 u. nil iiv ann commercial ouns id.ou- n-s and commercial bulls 16.50 UllUUHUIiS UUlilii: UIU fJI UJdl! Hnn lAlH ltnncn ,1 hof cnrr.n i i iviiu ouiu wink ouiiit. inn rs nnrhA fttno -iO 20.00 mostly 19.50 down at the Good and choice vealers On the darker side were these Auto production slipped a little jcompared with 60 new low an iijuv itiiu invLoiui nave luiica Thic Virvinlif tlr.

iCIOSe developments: to an estimated 132.000 cars from encouraging technical srn. ito act. prompted oy the slowne.s no nrim mil. of requests for small watershedjof demand and the at The Federal Reserve Board re-; last week's 135.453. Retail sales ported the output of the nation's.

in the first 10 days of December mines, mills and utilities fell in slumped shar to an average projects to i.ol9 irom 4 states Jtractivcncss of yields, and Puertr Rico since the o-! TRADEMARK PICKED Ozark Air Lines' trademark, the November, and signs cf further dailv ratc of .323 from 23.153 iflltflino rf thrnn t-ni Inn.f showed the second largest wceKly gram began in 1954. During the 1960 fiscal year, of-; decline. in tnc final 10 davs of iDickea as the outstanding tr.n p. drop in U.S. gold holdings.

bteel outnut eiied downward unenipiowncnt iiiuvunu 1 mnrk- nr in t-nct 1. nidiK 01 iytu in a contest 000 in November to again to an estimated 43.7 per dow to 12.00. Sheep compared Friday la-t week: Slaughter lambs lower, mostly lower, slaughter ewes steady to 50 higher. Choice and prime 95-104 lb. fed western wooled lambs late 17.00 17.25.

Choice and prime native wooled lambs 16.50-17.25 at the close. Good and choice natives 14.50-16.50, cull to choice slaughter ewes 5.00-6.50. Good and choice yearlings 12.00-14.00. highest total for the month since of capacity, which would be Over Counter r3 sored by the Journal of Commercial Art. Final judging was oy a 12-member jury, meeting at an exhibition at Palo Alto, calif.

the lowest for a nonholiday week ficials approved for planning 120 applications, bringing total approvals since the start of the program to 566. In addition, 84 projects were approved for advanced engineering and other technical assistance. 1910. Personal income failed to in this year. create in November for the first! For the first time in Stocks time in eight months, mainly be-jmonths, wholesale food prices de- AMKRICAX BONDS Alsco 5' is74 24 101' lim'i 100' i 0 I I I 4 3 I cause of declines in factory pay-jclined VJnmfl nn fl- Vim- Qtr-l- MSIWIM s'l 88' Hit following Lid and ask quotations 1011s.

wiiumr uii wit iii oiu (u raiis 3 s7h Corporaiion earning fell in th? Kxchange during the past loj i 101 -1' -j 37 37 If 1 2 U. S. Securities Treasury Bonds amounted to 17.346.4H5 shares. I i.iausj jsob Lzs ikrii Hi Dow-Jones Averages are ulitjined from the National Asn. A Isecuiities healers.

and other suurc-Jrs. They do not represent attual 'I hey are intended as a guide i to the tjne within whkh these securities cout. I have been sold indicated by the r.ut or bxiisht induuied by the 1 at th time ot compilation. BUY U.S. BONDS Washinuton Dec.

17 AP compared with the previou d1.n.Yl' week's 13.314.735. Bond sales on 14 1 1 4 JM4 A Hl t' -4 -r luirai eiecinc ami iuqMnn exenange came to zm.oj.mi llwlromrt 20 3J l.M 1J! MIRK (AP)-()t tie Cuunttr (io t-i nmt-nt 'l'rcasury bomls. ueklv hifch, luw and tk)in asked tin nrt thatise irom tile pliiuus wrrks clusin asked price and yield. wri is" siorks ami bonus I Follow in gis the range ot bow -Junes aeraes for week ended Dec 17. ir.nl- it 1 7 7 firrincwl hv tll I' I'3 (ivir flni in til.

OVKR COUNTER STOCKS iu.am.. n. 'lltall'uK ft 15 Administra 1 1 against the week be-jLithmm evd.s7o 22 ma Electrification mi1 UK I 1-1 1(H) 1C1 3 '2 12l i 92 2 STOCK AVIIRAC.F.S Bid Ask Levy Last Net Ch. fi'" r' 'lnda-t 612.0 617.78 610. 7d 617.73 38'3 42! iRaiS 127.86 127.86 126.74 127.56 0.00 .3 2.ti.)(Lisinu .1 2.66! Al! Life .1 2.71 VnheuserFSusch 65-bO UK).

12 100.11 -2s 61 100.2 100.1 100.2 2.s 61 90.27 riX5 00.26 NatRej-carch 5s76 89 97 NatTQHKA s' .1 73; lUhiorw 23 94 92 have bought more than $10 mil-jforc. lion worth of a new 2 per cent! Briefly around the business Treasury bond-UEA series in lessUccnc: A General Electric Co 9f8 93.11 .3 S.TOiContro'.Data 97 23 93 97.2.-1 9.22 1.20 2" 99 12 Dec P9 4 i I 'UIs Stks iTeru 3s97 44 00 202.33 204. SO 1.03 BOND A FRAC.FS I iv 162 .6 ieomnutcr in Phoenix. will inanidAm 4 than six months. -1 .3 2.74 Elite Cap CP .2 3 Eng ncijltek Crp 3.

"2 Jnstm He .10 3.3t l.iherty Lan 3irotahCo Am" W. .3 3.7',' i 93 20 93.11 98.18 99.H 39.10 9 12 9 20 96 14 96 13 io rwo ioi 9S.2 97. 3i 97.30 9'. 94.20 20 91.16 "51.24 2' 63 1 2 t- 35 6fi 2- fi7-2 2' 68-63 tsi 40 pnnj. f.i 13 33 13 0 14 RR? SO 72 6" Ro 72 0f6 Kft5 79 79 96 73 47 7 6 0 26 Induct 91.47 91.52 91.40 91 4a 0.06 Ir.c Rails 37.63 37.63 .37 11 37.33 0 13 Your personal check is bookkeeper, messenger, and safe keeping for your money all rolled into one service.

Can you think of any convenience that offers so much yet so little? by not open your account soon. 94' The bonds firt went on sale, play Christmas carols from in'ffi 5 in Jul v. Since then. 192 Vstruetions punched on tape. Lneia i borrowers in 32 states a insurance company assets wul jsocaiKd 4's32H 32 made purchases.

To buy these, reach a record high of $119.45 hil-jKd 7311 1 bonds they use the iund thev ijon this vear. A new method Si( 1 4i'i 24 9" 9V-4- 4 -2 S- f.4 101 4 ly0.20 I'll 2 Jun 90.24 9 4 "V24 -h2 23 1 '12. 24 .20 3.71 1 .16 3.78 i .8 .8 3 82! Mufua Funds I Weekly Sales Al i fM I'll ') I prevuuislv horrued irom tne toi ing gram bv blowinu it into :u.i e.n t. KhA for their sycm hut to conLunfi has u-eu la illKtli ui ir.riu.4. 5s t.1 .0 I.

I .4 1 W. Jut. i lci 1 74 4 netnl tor immediate opeiatiuguUrlopcd DK Matuita. ttifin 'r1 ra firal Deposit Iniunnct Corporation Huh Werk This Week Uul AioJ li 5tt.4s", JJ mj ,:.41) Ui u4 j.Hij 7 1 1 "JJ4 I 7ii uj N-lii if ill.l Ahtla'ltO Lahits il-t tltilHairs ,1 M.i.J l.rll; 7 St. 1 1 C-i Auiru M.l 1 1 t' lni-1 fci.dJs 12 Uil-3t Mix 5 hO Mut At-ot -i It, S.

-i t. .4 23 4 lo 3 XI km 1. ilf-enti Fal.Xi tlat it i ed MjlnfeO in-k'heriueal o. spt-iit nuiiiofi 1(uPjUcu nuiuui). rI1ie UiIkIs pa 2 per cent 11 1 1 II." 12 i 14.

I'M ji, 4 im V4 2 91.24 terest. the same rate paid lH)r-iinw plant and equipment this 1 Hh, KLy ami.rh'ax "mik'k si.fs rowers on their rural elect ritica-'vear. OX Sunrav Oil Co. has open t-i th.s ueck tion and telephone loans fronted with television lounge tor cus-Karaco 7.92:-,. telcpiwne Issues Traded S.T78 90 H.74 3 Mix 8 Cu- S4 4 Ma- Inwirs 'in -t 3 Kt( lnli Giouth 3.7:-; one Wiiiiam Suet 16 3.91 Putnam.

Ceo Fund 2 3 Putnam. Grth .12 3 Flf-o th.rt. jl nifed Ffl cr Fd -ei VI. 24 31 4 (j; 2 24 -R7 In 2J 87. 1 2 92 91.12 fi in dollarj arid Jan I to date 272.0: f'" WKI K1Y AMLKICAN FONP I.ES '3'is 9 The securities can be REA.

gold-plated pump noz- deemed, in whole or in part, uponizles and builtin vacuum cleaners th. eek rn7 7.6" 34 12.3! 13.40 rrsencan Sfwk 13 73 u.Ol i American 15 U.37 AatTlcia 14 Phom Wi 2-3151 Mcnrct it 16th HERRIN S3 days notice to the Treasury. i to kep driveways cieax. jwyear no rsi oooj T-prtirT.