ADS 7-3333 THE JACKSON SUN: JACKSON, THURSDAY, JANUARY 8, 1948 PAGE NINE Stock Quotations NEW YORK, Jan. 8-(P)- High Low Close 188 187 187 43 43 55 34 34 34 68 43 48 38 38 13 31 101 137 137 137 44 44 46 46 46 27 137 136 136 45 45 15 11 35 35 100 42 41 33 33 8 8 66 5 21 45 183 181 183 34 34 34 49 49 36 42 42 42 121 33 56 44 44 41 22 72 72 240 240 240 91 27 53 14 14 44 44 44 28 49 49 46 11 11 55 55 55 91. 91 63 32 23 25 19 47 33 21- 21 21 54 54 29 1 1 32 32 71 42 42 88 23 11 11 47 42 34 41 71 28 Purity Bak Closing Market Quotations Buyers Continue To Nibble At Selected Stocks In Market NEW YORK. Jan. 8-(P)-Buy.
ers continued to nibble at selected stocks in today's market although many leaders were more or less ignored. Dealings, active at the start, soon slowed. Fractional advances predominated near, midday. Improve most Lukens Steel, Bethlehem Steel, Goodyear, International Harvester, Schenley, International Telephone, Kennecott, American Carbide, Santa Fe, Pennsylvania Railroad, Great Northern Railway, Chesapeake Ohio, Texas Eastern Air Lines and Twentieth Century Backward at intervals were U. S.
Steel, Chrysler, Packard Motors, Douglas Consolidated ison, American, Anaconda, J. Penney and Illinois Central. Bonds narrow and cotton futures mixed. Bonds NEW YORK, Jan. 8-(AP)-Selected railroad issues tacked on gains of fractions to around 2 points in a generally firm bond market today.
Florida East Coast 5s shot far ahead of the balance the market with an advance of neared around end. 7 points as the session an About $100,000, face value, of the issue changed hands as hearings proceeded before the Interstate Commerce Commission on a proposal by Atlantic Coast Line to take over Florida East Coast. Most popular carriers on the buying side were those in the lower and medium price brackets. Among the gainers were B. O.
4s of '75, Rock Island refunding 4s, Northwestern Missouri Paciconvertibles, N. Y. Central consolidated 4s, and 'Frisco Italian issues shaded in the foreign list. U. S.
governments held steady in the over-the-counter market. Potatoes CHICAGO, Jan. 8 -Potatoes: total U. S. shipments 782: arrivals 101; on track 143; supplies, light; limited; demand marke and about tradsteady; Idaho russet Burbanks U.
S. No. 1 Minnesota-North Dakota Red Rive: Valley bliss triumphs cobLlers $2.80. Poultry CHICAGO, Jan: 8 (P)- (USDA) Live poultry: unsettled; receipts 18 trucks, no cars; prices unchanged to two cents a pound lower; FOB: roasters 34-36; fryers 38-42; balance unchanged. MET Last Day FIESTA Friday-Saturday TWO SMASH HITS No.
1 DANGER STREET Jane WITHERS Robert LOWERY No. 2 with Allan TO LANE DENVER Red Ryder P-L-U-S C-A-R-T-0-O-N INSURANCE JOHN M. CADE Telephones 7-2426 and 7-7788 JACKSON. TENNESSEE 207 Commercial Building NEW YORK, Jan. 8-(P)-Cotton futures.
were lower in moderately dealings today. Scattered liquidation ar.d hedging depressed prices more than $1 a bale before the market recovered partially on mill buying and shot covering. Mor active selling of spot cotton at the ten primary markets. accounted for the pressure of trade selling. A weakening in textile prices for nearby delivery, lack of aggressive mill demand, and the confused Washington situatior.
promptei liquidation. France entered the market for more American cotton and there were reports that arrangements for the longer term Japanese cotton buying program would be completed soon. Late afternoon prices were 35 to 55 cents a bale lower than the previous close. March 35.31, May 35.25, July 34.30. Livestock Cotton NATIONAL STOCKYARDS, Jan.
weights 170 pounds up 25 to '50 lower average Wednesday; lighter weights and sows steady to 25 lower; some pigs under 120 pounds off more; bulk good and choice 180-300 pounds 28.00; top 28.25 for several loads; mostly 190- 230 pounds few early 27.75; 160-170 pounds 27.00-75; 130-150 pounds 24.50-26.75; 100-120 pounds 20.75- 23.75; good sows down 24.50-25.00; over 450 pounds 23.75- 24.50; stags 17.50-21.00. Cattle, calves, opening trade active and fully steady on mediura and good steers 27.00- 29.00; butcher yearlings firm; medium and good largely 20.00-27.00; cows active and unevenly strong to higher; few good cows 19.00-22.00; common and medium beef cows 16.00-18.00; canners and cutters 13.00-15.75: bulls firm; good beef bulls 21.50-22.00; sausage bulls 21.00 down; good and choice vealers 2.00 to 4.00 lower at 26.00-35.00; common and medium steady to 1.00 lower at 15.00-26.0. Sheep, no early sales. Butter And Eggs CHICAGO, Jan. 8-(AP)-Butter weak; receipts prices two score AA and 92 81.5; 90 four A cents pound.
lower; Pa 85 190, 89 78; cars: 90 80; 79. Eggs steady; receipts prices unchanged except two top grades up a cen. a dozen; U. S. extras No.
1-52; balance unchanged. CHICAGO, Jan. 8-(P)-Cash corn rang up a new record high on the Board of Trade today, but quotations on grain futures were lower most of the day. A car of yellow corn sold in the cash market at $2.77 a bushel a record price for yellow corn in this market. However, cash prices slumped late in the when a leading processor withdraw from the market, after, making liberal purchases.
A rally toward the close produced fractional gains in most contracts. The record high for March oats was while the seasonal peak for the day. May delivery was Wheat closed higher, May corn was higher. oats were higher, May and soybeans were 1 cent lower toll higher. The Weather TENNESSEE: Fair with milder in East portion tonight.
Friday increasing cloudiness with little change in temperature. TEMPERATURES TODAY 7 a. 34; 12 59; 1:30 p. 59. Highest temperature for 24 hours preceding 1:30 p.
59 degrees; lowest 21. The same date last year: Highest temperature 48: lowest 30. Normal for Average 40.4; maximum 50.4; minimum 30.8. Precipitation Rainfall for 24 hours preceding 1:30 p. .00 Total tor month to date 1.70 inches, which is 2.74 inches less than normal for the entire month.
Sun rises 7:09. Sun sets 5:04. Happy Days Here Again ATLANTA, Ga. (UP)-State Revenue Commissioner Glenn Phillips reports that Georgia's taxable property values are now the highest since the Civil War days of 1864, when slaves were assessed at $762,105,990. Valuation of all taxable property for 1947 stands at $1,415,443,505 as against 592.808 in 1864.
Telephone 2500 The Main at Church CHESTERFIELD Jackson's Quality Market Fancy Little Yellow Squash Fancy Little White Squash Fresh Spinach Fresh Coconuts Green Onions Green Cabbage Cauliflower Fresh Oysters and Shrimp Mackerel Red Perch Codfish FFV Cookies A- Air Reduction Al Chem Dye Allied Mills Allis Ch Mfg Am Airlines Am Can Am Car Fdy. Am Encaus Am Pow Lt Am Rad St Am Roll Mill Am Safety Razor Am Smelt Am Snuff Am Sugar Ref Tel Tel Arg Tobacco Am Woolen Am Zinc Ls Anaconda Cop Armstrong Cork Assd Dry Goods Atch SF Atl Coast Line Atl Refining Atlas Corp B- Bald Loco Balt Ohio Do Pf Barnsdall Oil Bendix Aviat Beth Steel Do Pf Blaw Knox Boeing Airplane Bohn Al Brass Borden Co Borg Warner Briggs Mfgs Eristol Myers Burr Add Mach Butler Bros C- Calumet Hec Cannon Mills Case (JI) Co Caterpil Tractor Celanese Corp Do 7 Pc Pf Cerro De Pas Certain Teed Pro Ches Ohio Chrysler Corp Climax Molyb Colgate Palm Colum El. Colum Carbon Coml Credit Coml Solvents Comwlith South Do Pf Congoleum Cons Edison Container Corp Cont Bak Cont Can Cont Ins Cont Motors Cont Oil Del Corn Products Crucible Steel Cuban Am Sugar Cudahy Pack Curtiss Wright Do A DEFDeere Co Detroit Edison Douglas Aircraft Du Pont De Eastern Air. Eastman Kodak Eaton Mfg El Auto Lite El Power Lt El Storage Bat Endicott John Firestone Tr Flintkote Freeport Sulph G- Gen Baking Gen Elec Gen Foods Gen Motors Do 5 Pf Gen Refract Gillette Saf Gimbel Bros Glidden Co Goodrich (BF) Goodyear Tr Gt North Ry- PI Gt West Sug Greyhound Corp Gulf Oil HIHouston Oil Hudson Motor Illinois Central Indust Rayon Inspirat Con Cop Int Bus Machine Int Harvester Int Nick Can Int Paper Int Shoe Int Tel Tel JKJewel Tea Johns Manville Jones Stl Kan City South Do Pf Kennecott Cop Kress Kresge Kroger L- Lambert Co Lehn Fink Lerner Stores Glass Liggett Myers Link Belt Lion Oil Liquid Carbonic Lockheed Airc Loews Inc Long Bell Lbr A Lorillard (P) Louisv Nash VI Mack Trucks (PH) Marchall Field McCrory Stores McIntyre Porc McKess Rob McLellan Strs Miami Copper Mid Cont Pet Mo Kan Texas Do Monsanto Chem Montgm Ward Nash Kelvinator Nat Aviation Nat Biscuit Nat Cash Reg Nat Dairy Pr Nat Dept Stores Nat Distillers Nat Pow Lt NY Central RR Norf Western No Am Aviation North Amer Co Northern Pacific Ohio Oil Otis Elevator Owens Ill Glass P- Pac Gas Elec Packard Motor Pan Am Airways Penney (JC) Penn Peoples Gas Le Pepsi Cola Petrol Corp Phelps Dre Philip Phillips Pet Plymouth Oil Proctor Gam Pub Sve NJ Pullman Pure Oil Radio Corp Radio Orph Reming Rand Repub Steel Reynolds Tob. 5- Safeways Stores St Joseph Lead Schenley Distil Seaboard Oil Sears Roebuck Servel Inc Sharon Stl Shattuck (FG) Shell Union Oil Simmons Co Sinclair Oil Skelly Oil Socony Vacuum Sou Am GP Sou Cal Edison Southern Pacific Southern Ry Do Pf Sperry Corp Stand Brands Std Ge $4 Pf Stand Oil Cal Do Ind Do NJ Stewart Warn Stone Webster Studebaker Corp Swift Co Swift Intl ('- Texas Co Texas Gulf Prod Texas Gulf Sulph Tex Pac Trust Tide Wat Oil Do' Pf Timken Det Axle Timken Bear (- Underwood Union Bag Union Carbide Union Oil Cal Union Pacific United Air Lines Unit Aircraft United Biscuit United Carbon United United Fruit US Gypsum Do Pf US Indus Chem US Rubber US Smelt US Steel Do Pf US Tobacco V- Vanadium Corp W- Warner Bros Pict Wesson Os Do Pf West Auto Sup West Un Tel Westing Air Br Westing Elec White Motor Willys Overland Wilson Co Woolworth (FW) Youngst Sh 14 18 105 39 64 63 64 28 28 62 12 35 22 22 21 55 31 19 19 53 53 25 17 17 25 25 21 21 21 (105 105 173 (173 173 43 42 43 78 136 15 15 15 9 77 SALES Approx.
final total today 890,000 Previous day 820,000 Week ago Closed Year ago 714.940 Two years ago 2,469,510 Jan. 1 to date 4.534,610 Year ago 5.393.220 Two years. ago 12,826,250 Cotton-Grain Table CHICAGO GRAIN CHICAGO, Jan. 8-(AP) Wheat--Open High Low Close Mar 3.04 May 2.94¾-½ 2.95½ 2.93 2.95-951 Jly 2.64½ 2.64⅞ 2.61½ 2.64¼-% Sep 2.57 2.58⅛ 2.54 2.57½-¾ Dec 2.54¼ 2.55 2.52 2.54 Corn- Open High Low Close May 2.57-57¼ 2.58½ 2.56¼ 2.57 Jly 2.46 2.47 2.45½ Sep 2.31 2.32⅜ 2.30¼ 2.31¼-1 Dec 1.92 1.93 1.91 1.92-921 Oats- Open High Low Close Mar 1.30 1.30 1.30 1.30½ May 1.22-22¼ 1.23⅛ 1.21 1.23-23% Jly 1.04 1.04 1.03 1.04⅝-⅞ Sep 95-95 Dec 89 90 SoybeansOpen High Low Close Mar 4.21 4.21 4.18½ 4.20 May 4.16 4.16 4.14½ 4.14½ Jly 4.13 4.13 4.11 4.13½ Lard- Open High Low Close Jan 27.45 27.52 27.45 27.52 Mar 27.52-55 27.75 27.47 27.72 May 27.72-80 27.80 27.52 27.72. Jly 28.00 28.00 27.65 27.75-80 Sep 28.00 28.00 27.75 27.90 COTTON NEW ORLEANS COTTON By W.
E. RICHMOND CO. Open High Low Close Pr. Cl. Mar 35.45 May 35.44 July 34.48 Oct 31.73 Dec 31.34 NEW Open Mar 35.45 May 35.39 July 34.50 Oct 31.72 Dec 31.27 35.20 35.57 35.31 35.16 35.47 35.33 34.17 34.46 34.41 31.42 31.69 31.63 31.02 31,30 31.30 COTTON Low Close Pr.
CI. 35.20 35.60 35.38 35.16 35.50 35.32 34.17 34.48 34.43 31.42 31.65 31.63 31.05 31.30 31.30 Committees Named By Young Farmers And Homemakers Appointment of committees to serve during 1948 constituted the principal business when the Madison Young Farmers and Homemakers Club met last night at the New Southern Hotel. The session was presided over by President Billy Hopper of Huntersville. Committees named were as follows: Program first half: Chairman, J. W.
Riddle, Mrs. J. W. Riddle, J. E.
Chatman, Gerald Howlett. Second half: Chairman, Cason Nichols, Jack Lawrence, Taylor Lawrence, Mrs. Joe McCallum, Roland Harris. Refreshments. First quarter: Chairman, Mrs.
Charles English, Miss Betty Hopper, W. O. Hearndon. Billy Richards. Billy Second Richards, quarter.
Mrs. Billy Chairman, Hopper, Mrs. Third quarter: Chairman, Mrs. Felix Exum, James Minor, Floyd Dyer. Ways and Means: First quarter: Chairman, Ras Mercer, Clayson Harris, G.
P. Robertson. Second quarter: Chairman, Roland Harris, Mrs. Roland Harris, James Tomlinson, Mrs. Jasper Jones.
Third quarter: Chairman, Joe McCallum, Mrs. Cason Nichols, Mrs. W. O. Hearndon, Dr.
Kirby Lasley, Charles English. Membership: Chairman. Jasper Jones, Charles English, Felix Exum, Thomas Bond, Lawrence Geyer. The souls of dead people return and may even marry mortals, according to belief of the Papuans, a tribe of New Guinea. New York City th largest high school inclames world.
Returns To Pit Carlyle, singing maestro, brings his famous band back to Pit for an engagement Friday, Saturday and Sunday nights. Grand Jury Returns An Additional 14 True Bills Here The Grand today returned an additional fourteen true bills to the Criminal I' ision of Circuit Court here, making a total of 46 bills returned since the convened Monday. No cases were heard this morning, but Chancellor Dewitt Henderson, sitting for the ill Judge Jere Gailbraith, accepted the jury's report from Chairman Lois Laycook, and dismissed the jury, subject to recall. Chancellor Henderson announced that an arraignment would be held at 1:30 this afternoon. Following the custom of the court of withholding from publication of the names of those persons indicted who have not been arrested or placed under bond, one name was withheld from yesterday's list of indictments.
That person, Roy Ross, charged with violating the liquor law, was placed under bond last night, and his name was released today. The following list of indictments was released today by Clerk and Master Cartmell Townes, minus the name of one person who has not been placed under arrest: Elmer S. McCaskill, charged with driving while under the influence of alcohol. Jack Wade Owen, charged with carrying a weapon. Lee Ester Vasser, charged with felonious assault.
Joe Gersc, charged with felonious L. charged with larassayordan, Gill, charged with felonious assault. Samuel I. Cross. charged with driving while under the influence of alcohol.
Carlos Duncan, charged with assault and battery. Lonnie Goodrich, charged with felonious assault. Charles Deberry, charged with assault with intent to commit robbery. Ned Bates. charged with manufacturing whiskey.
Avery Tapley, charged with driving while under the influence of intoxicants. Walter Sisco, charged with house breaking and larceny. Colored Dead THOMAS--At the home of his daughter, Mrs. Earline Brooks, 464 Tanyard, Sunday evening 5:50 after a brief illness. The father of Miss Queenie Thomas, Mr.
Authur county. Raymond Thomthino serving in the U. S. Army at Fort Belvair, Va. Mr.
W. C. Thomas of Milwaukee, and Mrs. Thelma Pettis of Detroit, Mich. Brother of Mrs.
Ethel Allen and Mrs. Irene Jackson of Dayton, Ohio, and Mr. Eugene Thomas of Pinson. Six grandchildren and other relatives. Wake will be held at Stephenson after six Thursday evening.
Funeral Friday afternoon 2 p. m. from Beech Grove M. E. Church Pinson, Tenn.
Rev. Walker officiating. Interment will follow Paster Cemetery, Pinson, Tenn. Stephenson's in charge. (adv) Funeral services will be held Saturday at 2 p.
m. for Mrs. Rosie Lee Anderson Fears who died in Detroit, Michigan, Jan. 2, 1948. She leaves her mother, Mrs.
Mollie Anderson; three sisters, Mrs. Mattie Spikes, Mrs. Anderson and Mrs. Alma Cobb; one daughter, Mrs. Velma Pye; two grandchildren, six nieces and four nephews mourr.
her passing. Funeral from Mt. Zion Baptist Church. Rev. J.
A. Caldwell, officiating. Bell Funeral Home in charge. (adv) Magazine Subscriptions Good Housekeeping $3.50 Cosmopolitan 3.50 Junior Bazaar 3.00 J. E.
BARBER Phone 7-2487 Box 836 Billy Jep PARHAM-CLEMENS INSURANCE Fire, Automobile, Etc. Lafayette Phone 884 Schw Bicycles AUTHORIZED DEALER PARTS REPAIRS SERVICE 333 TIRE COMPANY Baltimore and Church Phones 333 and 334 Three-Point Program Designed To Relieve Fuel-Oil Shortage NASHVILLE. Jan. 8-(AP)-The state, in cooperation with industry representatives, today agreed upon a three-point program designed to relieve Tennesse's critical shortage of fuel oil. At a meeting with about 40 representitves of major oil companies jobber distributors, state Adj.
Gen. Hilton Butler, named by Gov. McCord as the state's fuel oil administrator. outlined the program which was agreed upon by the group. The program calls for: 1.
An appeal to be made by Gov. McCord to home owners using fuel oil to maintain house temperatures at 68 degrees. The appeal will be made, Butler said, by press and radio. 2. A county-by-county system of relieving hardship cases which will be found by State Welfare Department case workers.
Butler said after the hardship cases are found oil will be sought for them through pooling. or "moratorium" other arrangementstate's statutory truck load limit 42,000 pounds to allow movement of heavier tank trucks. of oil into the state. supplementing railroad tank cars. Butler said an attorney general's ruling would have to be given, however, before the law is relaxed.
The program drew the endorsem*nt of J. T. Rhodes of Memphis, president of the Tennessee Petroleum Industry Committee, described as representing the "major" companies. and president John F. of the Cummins Tenn- of PARAMOUNT Now Showing Features: A BOUQUET OF BEAUTY! All New! Wild I Irish Rose My starring Dennis Morgan with Andrea KING Arlene DAHL ALAN HALE CEORGE O'BRIEN Color by Technicolor FOOTBALL Highlights of The Bowl Games SUGAR BOWL COTTON BOWL ORANGE BOWL ROSE BOWL NEON SIGNS FLUORESCENT LIGHTING COOPER CO.
99 State St. Phone 768 Are You In Need of A warehouse, storage building, dairy barn, work shop, implement shed, office, utility building, school, A Quonset Building METAL BUILDINGS CO. Memphis, Tennessee George C. Yates; Jr. Sales Representative Jackson, Tennessee 423 E.
Chester Phone 9303 essee Oil Men's Association, senting "independents" or jobbers. In addition, the two associations agreed to name jointly a 12-man committee, with four representatives from each of Tennessee's grand divisions, to work with But. ler. The group's action followed a two-hour discussion in which reports of a critical oil situation were heard from one end of the state to the otheritical situation was ascribed principally to the fact that Tennessee home owners have converted on a large scale from coal and wood-burning heating plants to oil burners in the last year. Concerning this, Butler observed: "Perhaps the oil industry has the responsibility of telling people who are going to build to go back to John L.
Lewis' coal." Meanwhile Butler said, a responsibility exists for allocation of supplies to those who can not convert to other fuels as the worst part of thAn winter approaches. oil distributor from Johnson City said he had been unable to obtain any kerosene at all from supplies in six weeks. From Carthage, Chattanooga, Nashville and Memphis came other reports of a demand far exceeding the supply in nearly dry tanks. G. B.
Dickey of Nashville, oil distributor here, estimated that there was a shortage of from 50 to 60 per cent in Tennessee even though refineries are turning out more oil than last year. Dickey suggested to Butler that the governor be asked to inform out-of-state suppliers of oil of the "serious situation" in Tennessee." Gene Stump and Eddie Ehlers of the Boston Celtics of the Basketball Association of America, wear contact lenses while playing. PILES TROUBLE? For Quick Relief DON'T DELAY ANY LONGER! Now. doctor's formula you can use at home to relieve distressing discomfort of painitch--Irritation due to piles, Tends to sotten and shrink swelling. Use this proven doctor's formula.
You'll be amazed at its speedy action relief. Ask your druggist today for Thornton Minor a Rectal Ointment or Suppositories. Follow label intructions. For sale at all drug stores. In Jackson at White Drug.
STATE Last Day Double Feature crabbe EXCITEMENT! OF KINGS Frontier Fighters A COLUMBIA PICTURE GLORIA CAMPBELL HENRY FRIDAY and SATURDAY AX. THRILL -FEST of DANGEROUS EXCITEMENT! GENE RIDES AGAINST the LAWLESS! A REPUBLIC PICTURE GENE AUTAY in ROBIN TEXAS with STERLING HOLLOWAY Lynn Roberts Last Chapter Leon Errol "Son of Zorro" Comedy Grain IT MAY BE YOUR HOME TONIGHT Claire B. Newman Cleo T. Newman THE NEWMAN INSURANCE AGENCY S. Market St Jackson, Tenn Phone 7-6256 or 7-5157 35.57 35.49 34.49 31.73 31.34 YORK High 35.60 35.53 34.50 31.74 31.30 For Safe Trouble- -Free Winter Driving Equip Your Car with Firestone DELUXE CHAMPIONS Now Lower Than Pre-War Prices! The new De Luxe Champion up to 55 stronger with extra protection against blowouts.
Has up to more non-skid angles with extra protection against LOW AS tread skidding. and Wider, Vitamic flatter Rubber give the De Luxe Champion up to 32 WEEK longer mileage. LIBERAL TRADE-IN ALLOWANCE Jewell Mainord YOUR FIRESTONE DEALER Main at Bolivar Sts. Phone 7-2643 Jackson, Tennessee NOW IS THE Right now is the time to plan your next year's farm work, your crops. your stock, your poultry raising.
Do you need extra money for your work? See us and. arrange a loan. Courteous, prompt consideration awaits you. SECOND NATIONAL BANK of Jackson Established 1886 Member F.D.I.C..
