ousands of Ontario Stop Master Zoning NEW YORK STOCK ... 8/Niagara Falls NY Gazette... · IN I AG AH A FALLS liAZETTE TTCU11COUUJ) «* *•' SIS §& ousands of Ontario Stop m m^n^;Are

IN I AG AH A FALLS liAZETTE TTCU11COUUJ) «* * • '

SIS §&

ousands of Ontario Stop m m^n^;Are Termed Illegal S g f r S l ^ f t ? STAMFORD, Oht., Jan. 5.—Thousands.' of slop signs in this f f f o i i ? - pijc^nec must be removed and new ones erected if the drivers on

M < § " ttyrkjh highways are going to be protected from legal action, W. i] :1l|v ;C\L^Marsh, township solicitor, has reported.* .

;^H^-HeHtold the Township Council^ " f|. at^'ejneeting last -night

u . f -

'.;4

\\;

• I

that at

present many of the signs on prp-vipclaf and county roads are not le$a\'according to provincial laws, arid, because of this someone travelling on a through highway having an* accident at an intersection when

" the-cther road is a stop street could be-held liable in a civil action. He explained that if the sign is not properly placed then in law it does not control traffic and the rules of the.road would apply.

.'iTils in effect means that a per-adhi-on a through highway proceeding at an intersection when the atopisign on a secondary road is ndt'eorrict is governed by the rules of; trie road and if the car cm the secondary road was on the right and failed to stop, creating in accident the driver on. the through highway could he forcerKto pay damages," he said. Mr. LaMarsh pdjrHed out lhis does not offer proper, protection to those on main highways. Reviews Law

Wilson Baptists Elect Officers

WILSON, Jan. 5—At the annual meeting of the First Baptist Church, the following officers were elected:

'Moderator, Loujs J. Swick; clerk, E. May Stacy; treasurer. El-win Upton; financial secretaryi Mrs. Roy MacMillian; benevolent secretary, Mrs. Martin Van Hou-sen; finance committee, Dorwin Bowersox, Mrs. Roy MacMillion and Elwin Upton: ushers, Richard White. Jack Ma.xfieW, Sidney Pet-tit, Elwin Upton and Gordon Weaver; 'junior ushers, Howard Croop. George Griffin, Frank Hammond, Maynard Pettit Jr.. David Sccor and David Caufield; deacons for two years, Clifford Upton and Sidney Pettit; deacons for one year, Roy MacMillian and Edgajr Watson.

Also, deaconesses for two years, Mrs. Emmett Sweet and Mrs. William Wrgck; deaconesses for one

Master Zoning Plan Bylaw Up ' For Vote Monday

STAMFORD, Ont., Jan. 5 — Members of the Stamford Township Council are expected to pass the bylaw approving the master zoning plan for die township at the next council meeting on Monday evening. Air Red p/

Cart Huggins, township clerk. £}&** J u n . told the council last night that the i A

4 } de

e n ,c

t > * • bylaw will be ready for the meeting Aiieg pf '.'.',

' A l l e a L S t l A l l e n I n d . . A l l i e d C h A l l i e d K i d A l l i e d M i l l s A l l i e d S t r s . A l l l s Cha l . A l l i s Ch pf A l u m L t d A l u m A m

NEW YORK STOCK EXCHANGE

A b b o t t L .'. A B C V e n d A C F B r i l l . . A C T I n d • . . A C F I n d p f A c m e S t l . . A d u n i E x . A d m i r a l A f i i l G E d . A i r R e d u c .

and can be passed. He said the by law has been amended with the changes the council wishes and will be forwarded to the Planning Board and then to the Ontario Municipal Board before the plan can come into effect. ; A m a l L e a p£

Council at a meeting last night A" , e r;*d ,„t.'" , . . , ' • . , i A m A g e n . .

expressed the wish to pass the plan Am Airiin .. as.soon as possible when the q u e s - l ^ j Bk'ifote tion of the, erection of additional j Am Bk N pf service stations in residential and A m B r s h o e

commercial areas was discussed. Can Be Controlled

The members were told by Coun-' %™ cwcie '! cillor Gordon Bates that the "con- Am c* an . struction of service stations can , Am & F°PW

N E W Y O R K W>—JTollow i n « l i t h e c o m p l e t e t a b u l a t ion of t o d a y ' * a t o c k t r a n s a c t i o n s o n t h e N e w Y o r k S t o c k f - x c h a n g e :

N e t L a t e s t C h e

. 4 7 * . - 54

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N e t L a s t C h * .

. 1 1 1 + Va

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A m B r S h o e p f A m B d P a r . .

j A m Cbl k R . A m C a n

1 4 ' , " be controlled.as soon as the plan A m Gtt & ^ • « -

, - , , . . . , A m H a w S S . . . . 70»« — 4 > « - -

'Her explained that at present >" r . Mrv Arthur Loomis and there is a provincial law which Mrs. Louis Swick; trustees for statisTthe signs must be not less three years, Richard White. Lynn than'six feet high in built-up areas and may be two feet high in rural areas. He said they m u s t state "stor*"through highway." Mr. La-Mjush said thousands of signs all ov£r the province fail to. come up toi the law set down although it isâ provincial law.

Hammond and Wilfred Weaver, trusses for two years, Jack Max-field, Clyde Nelson and Gorden Weaver; trustees for one. year Donald Croop, Jarvis Pettit and Alon-zo Swick.

Officers for the Sundav School

comes into effect. He said the plan i Am Hide & i. will provide for the locations o h ^ } H

c°eme P d

the stations out of the residential Am inv '..'.'.'. and large commercial areas. £ m &? 0°B r - ;

Reeve A. G. Bridge said the mas- Am M & rdy . . _ • ! • . - i , • i A m M r h A: M

ter plan which will completely zone Am Mrtai all areas of the township will not A m ^,,et P d

. . , , : i A m M o t o r s . .

oe in force for sometime as it Am N Gm .. still must be approved by the two *™ P O U ^ ' B boards. A m K i d

The council expressed concern A m saf R.z . . . . , A m Seatina

about the erection of two new Am ship Bd service stations, one on Lundy's £",} stT'f-d Lane which the townships hopes i Am store? will develop into 3 major ,com- A m S u g pf

A m T>! i T e l are secretary, Mrs. Harold White; | mcrical area, and on Iliorold Stone | Am Tob

^Merfibcrs of the council express- assistant secretary, Gale Pettit; trea- J Rd. it was the opinion of Reeve ed)the~opinion that the governments ant ncij offering proper legal protection for tho.se motoring on highways.-A motion was passed instructing Mr. LaMarsh to immediately wîtc Ihc county and the province arfd ask that the proper, signs be ertctecj at once.

^Speaking of provincial stop signs Mr. LiMarsh said not all the signs ari wrong but many are. He said, referring to the county signs, that ode cin drive on any road which is* maintained by the county and see that nearly all the signs are improper. * Difficult to See

*He "also pointed out that many o£ tMo county signs are obscured from the vision of the motorist, and therefore create a great danger to those on the highways for he said "those travelling on a secondary load may not sec the sign and may fail to stop when entering a major • S*iMAdam Hat H

8, h

trvonch highway." j *o A « c Fish 2>« 'j He expressed the opinion that j | ES?a"m°alti fi',4

tp* change all the signs which have! 2 BeiiTelCan 47»« b}en improperly erected by the | "7 Breeze "p e** province it might cost as much as i J' 2u,c)c?i''PL •' . 1 . . nnn l l - j I . : 17 C a l g et Ed 1 6 ' ,

SIOO.OOO. He said a major law suit j B cai EI PW 12' filed 'against a driver in one acci

surer, Mrs. Martin Van Housen; j Bridge that-far too manv stations librarian, Ann Croop; musician, j a:e being erected and the new ones Carl Zcdcll; assistant musician, | are located in the wrong areas. Mrs. Van Housen; general superin- j B r a d , C r | U z e d

tendent. Mrs. Ora Pettit; assistant; . . n .. , . , . , . superintendent, Jarvis Pettit; junior1 A r t D U r Bradley, township build-department superintendent, Mrs. Gorden Weaver; assistant. Miss Doris Van Housen; primary superintendent, Mrs. Louis Swick; cradle roll superintendent, Mrs. Richard White; nursery superintendent, Mrs. Sidney Pettit; pastor, the Rev. James Middleton.

Reports were given and a budget adopted.

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A v c o Mf* fiJ,

AITI V i s c o e A m W o o l e n A m "Wool pr pf A n a c C o p A n c h H G A n d e r C l a y t . A n d P n O . A r s o O;; . . . . A r i n c o St l A r m o u r k Co A r m s t CV A r n o l d C o n

El

AMERICAN STOCK EXCHANGE

N E W Y O R K . J a n . 5 f .4»>_Fol lowing Is a p a r t i a l l i s t o f t r a n s a c t i o n * o n t h e A m e r i c a n S t o c k E x c h a n s e .

mg inspector, was critisized by the iccve who said Mr. Bradley had Xrtloom no right to go ahead and issue £ £ } Dry G building permits for more service Atchison stations before conferring wiih the AM Re fin council. * A t l a s C P

. . -r , . . A t l a s P d r

I wo much power is given Mr. Autom cant | Bradley and 1 feel the council £v.co Mf«f

j should decide if building permits i Babcock ^ w 'will be isued for businesses such i*u ^''oh

as service stations," the reeve said. Bait & o pf Other members of the council! iafker Br"

felt Mr. Bradlev did confer with'gath ir Wk . u , . u " i ' B a y u k CiK them when any large construction (Beat Fd« ... in the township was planned before i S**11"'1^1

. . i B e e c h A i r e

a permit was issued.

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2 4 ' . 1 5 ' . 1 2 ' .

6 ' . 7 ' .

thousands of dollars. •Merle Kcr, township engineer, j

agreed, that many of the signs e*ttcd by the provincial depart-rrftnt are not proper according to thV present law. He said, however, a^ signs which are erected on roads u|êr the township have been care

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War Veteran . s | Dies Suddenly , - 1 - 1 6 I J

N>t C h i .

NIAGARA FALLS. Ont.. Jan !» I 5—William Hetherinoton, o2. of I Biacif'i bee '» I _ . * ' ! Blaw K n o x

ire B e e c h N u t .

I H e l d H e m . . . B e l l A i r e . .

' B e n d i x A v . B e n e f Ln

, B e n e f L n WI B e n i u e t B e s t A: Co

I B e t h S t e e l . i B e t h St l pf \ B i g e l o w S

B l g e l o w o f 1

11 C d n M a r c J S - , , . - . , , , ! J C a U l i n

dftnt could cost him hundreds of j 30 Claude Ne 3 C o m m o d H 13 U 3 C r e o l c P e t 123

50 D a v e n p H 14 ' . . 13 E l B o n d A t S 2 3

9 E l e c t r o d a t a 1 3 ' , 17 P e d e r P e t 4 6 F l y T i a e r 5 ' a 1 F o r d C a n A 1 1 0 ' , 1 1 0 ' a 1 1 0 ' 2 -

1B C31 A l Coa l 1 1 ' . 1 1 ' . 1 1 > » -20 G t L a k O & C 3 ' .

5 G r i d F r e e h » ' . S H e c l a M i n 9

r m • , . . • 2 H u m b Oil 9 7 ' j

fujly erected and all are according 19 imp Oil 401, ^ ' a w . j J* { n t i g P e t r o , t » ; .

T»lpd To Get Action \ & U j g h M , • ; . ' ' • " • ' * 1 M a w H & F 1 0 ' ,

3« M e s a I r o n 2 9 > , 2 M i c h B u m p 5 ' , 3 M o l v b d e n 4 8 » ,

10 N a t F u c l G 1 9 ' , 15 N J Z i n c 4 « ' .

2 P i t R w y s 8 » , 19 R o y a l Oil 13 65 S a p p h . P e t 4 » ,

1 S c u r Oi l s 1 « , • v . , , , ' S o P e n n O i l 3 2 ' ,

a | i action. He said when the letter! 11 std Thom :>. fr«n Mr. LaMarsh comes before' ! l h o r c p , s '« tlfe council he will again push for immediate action by the committed He said "this failure of the committee to comply with the pres-eJP laws regarding signs must stop."

|The matter of improper signs cfrhe before the local Police Court

fReevc A. G. Bridge told the council that he has tried to get the cjdnty to fix the many bad signs. r&« said he brought the matter be-fcH the Wclland County Council | af the October meeting and that the rdVd committee has failed to take

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1259 Stamford St., died suddenly ! Bliss IEWI _ . , " 1 B l o c k s C h

yesterday at Niagara Falls, N.Y. j Boeinj Air M , , . . , i B o n A m i A

r. Hetnenngton w as born at , Book of Mon .. Paisley. Scotland, came to Canada j l ^ ' w a r n in 1920 and had lived in this city ' Borg Warn wr for 29 years. For the last 30 years I f o ' t o ^ Me he had worked at the Carborundum ! l r i ^ g Bras*

i plant at Niagara Falls, N.Y. He I was returning home from w ork when siricken.

He was a veteran of World War I and served in France with the Scaforth Highlanders. He was a

j member of the Imperials and the j old Shredded Wheat Band, Niagara I Falls. N.Y., and was a member of , .the British American Legion Band. I&uhan'zinc-

• He is survived bv his wife. Jean jcaium *• H . [Ann Cowic Hethcrington; 10 chil- S S S Wy° 'dren, William J.. Alex. Douglas, jean Dry ...'.' '.Mrs. Lome Britt and Mrs. Kenneth C d n P a c

! B r i e i s Mf B r i g g s Ac S t B r i s t M y B r u n B a l k e B u c y E r i e . . B u d d C o . . . B u l l a r d Bur l M i l l , . B u r l M of . B u r r o u g h s B u t l e r B r . . B u t l e r o f B u t t e C o p . B y e r s

. C a p i t a l A i r l

,* j Warden, all of this city; James. • Carborundum . jGcorgc. Robert. Kenneth and v=- C ; , r o p *•" !-'Margaret Hethcrington, all

Grain Market B r W I L L I A M F E R R I S

C H I C A G O , J a n . 5 <V, - A m p l e r a i n n v e r a w i d e s p r e a d area of t h e S o u t h w e s t s e n t w h e a t p r i c e s d o w n m o r e

alihort time ago when Magistrate I than a cent on the Board of Trad? , _ r f , , n u , .- t o d a y . D e a l i n g s b e c a m e b a r e l y a c t i v e

Johnstone L. Roberts commenting o^'an accident case at an intersection df a roa d which is main-tajned by the county said the signs af 'many intersections of county r$rds arc not proper under the law afki he urged action to correct the matter. In the case witnesses told UfV court that the stop sign could not be seen as it was obscured by rttral mailboxes at the side of the roaxi in fronr*of if. One person was seriously injured in the accident.

Kenneth and Miss caroen stl at I C a r r i e r Cp

home; eight grandchildren and two jcater 'TVAC '*.' brothers. John and James Hethcr- I Ceianese ington, in Scotland. CelTo. R>

I The body is at the Hethcrington '$™ ^ u ds ^

and Deans Funeral Chapel where lc>r de pai services will be held Friday at 21 ^ l 1 " ! . p.m. with Cemetcrv.

interment in Fairview

on t h e se l lof f . O t h e r c e r e a l s w e r e o n l y m i l d l y In

f l u e n c e d b y t h r d e c l i n e In w h e a t . S o y b e a n s and o a t s s h o w e d s o m e ear ly s t r e n g t h , b a c k i n g d o w n from t h e i r g a i n s as the s e s s i o n p r o g r e s s e d . C o r n had a s t e a d y u n d e r t o n e . R y e e a s e d s l i g h t l y . t

W h e a t n e a r the e n d nf t h e f irst h o u r w a s 1 to 1 ' , l o w e r . M a r c h S2 .32: c o r n '» l o w e r to ' , h i g h e r . M a r c h S I . 5 6 * , . oata ' • to » . " l o w e r . M a r c h 79: rye ' . to ' , l o w e r . M a r c h I 1 . 2 2 1 . : s o y b e a n s u n c h a n g e d t o 1 c e n t l o w e r . J a n u a r y S 2 . 8 « ' » : a n d lard 5 t o 13 r e n t s * h u n d r e d p o u n d s l o w e r , J a n u ary Sl.1.32.

Eircmen, Auxiliary jhstall January 15 •JTOWN OF J.EW1STON, Jan. 5

-f*The joint installation dinner of Ljwiston Fire Co. 2 and Ladies' Auxiliary will be held Jan. 15 at tfje Walmorc School. Walmorc Rd. Dinner will be served at 6:30 p.m. Everyone attending must have a tjtkct and reservations should be triade by Jan. 10,

Trend of Staple Prices X E W Y O R K . J a n . S — T h e A s s o c i a t e d

P r e s s w e i g h t e d w h o l e s a l e pr ice I n d e x of 35 c o m m o d i t i e s t o d a y :

Y e s t e r d a y 1 7 3 . 4 1 . w e e k a g o 173 .81 . m o n t h a g o 172 .08 , > ear a g o t74 .24

19S4-S5 19S3 1952 1951 H i g h . . . 175.49 181.72 195.20 315.71 L o w 168.36 170.55 17S.53 189 34

11926 a v e r a g e e q u a l s 1 0 0 ) .

Paper Drive Saturday

Girl Is Rushed To Hospital

NIAGARA FALLS, Ont.. Jan 5 ££' Y <"*° M M i j r- • . C h i l d s C o . .

arjory Mcl.eod. five-v car-old , Chrysler daughter of Mr. and Mrs. Peter i c , n G *' E

McLcod, 3803 Watson St., is in the i CIT rman1.. Toronto Sick Children's Hospital \ C'tie« sve _ t • I-.- et • I ' C ' t>' P r o d

in fair condition suffering from city str chicken pox and other ailments. ' cuy str pf

The girl was rushed to the hos-.ci 'v & P pital vesterday afternoon after herj^j e v ' ' physician. Dr. T. H. Jamicson. felt J a r n V d . her condition had become serious, j c,1,nt r.d p f

She had been in the Greater Ni- coV A"°Aik ' agara General Hospital. c*0,f> F eV tr

Her uncle, Edward McLcod, 784 ;r"id Brd'SA Wclland Ave., started to drive thciC o 1 ^••,,

• I . - , - . Col P ir t

girl to loronto in a private car. jcoi Pict pf In the car an oxygen tank w a S j r o 1 c»rr> placed so the girl would have a sup- : romn r.

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ChaniD P a n C h a n c e Vgt C h r c k e r C a b C h i c a g o C o Chi A- E III Chi A- E 111 Ch M S P A- P a c 17 Ch M S P & P pf 5 0 ' . -Chi & N W . IB -Chi * N W pf n « ' , -Chi P n e u T . . 41 -Chi Rl k P a c . 9 2 ' , -

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t . E q u i t G a s , 4 , Er ie RR i* E v a n s P d i* i E v e r s h a r p l t I E x - C e l l - O , • F a i r b M o r . . . . , * F a i r c h E ,« Fa l s ta f f B r . . . , J F a n , l e e l . * F a w i c k

• ; F e d P a c El , F e d D S t r i* F e l t A T a r r . . .

E e r r o C p Fid P F i r e . .

i , F i l t r o l * i , F i r e - t o n e ' , , F l i n t k o t r ' . • F l o r e n S t v » , F la P w ' . 1 F la P A- L ' , ' F o o d F a i r

F o o d M a c h . . . F o o d M Pf . . . Fos t W h e e l . . . F r a n k S t r F r e e p t S u l F r u e h T r a G a b r i e l G a m b l e S k . . . G a r W o o d . . . G a r r e t t G e n A m ln Df Gen T tn T r a n G e n B a k G e n C a b l e G e n Cbl 1 pf G e n C i g a r . . Gen D y n a m G e n E l e c . . . . G e n F i n a n . . . . G e n E d s G e n I n s t r u G e n M i l l s G e n ' M i l l s pf . . G e n M o t o r s . . . G e n P r e c . . . G e n P u b S v . . G e n P u b U t . .

l « G e n R.v S i g . . . '« G e n R e a l t y . . . ' , G e n R e f r a c . . . ' . "Gen S h o e . . . . l . G e n T r l

, • i G e n T i r e l ' « ; Ga P s c P l y . . .

s « G i l l e t t e , G i m b e l . « ' G l i d d e n , ' G o e b e l B r . . , ' ! G o o d r i c h w i .

1 G o o d y e a r , I G o o d y e a r w i . .

4 , G r a c e Ar Co . . , : G r a h P a i g e , « ! G r a n b y M

" i G r a n d U n . . . • j G r a n C S t l . . .

j 4 G r a n ! . . . • i G r a y s R o b a G r a y R o b p f .

G t .V Ir O r e , . ; G t N o R v , 4 ! G r e e n . H I , . . , 4 i G r e y h o u n d

4 | G r u m A i r e « G u l f M o b A O • G u l f O i l

, G u l f S t a UK . . • ; Hal l P r i n t . .

"• j H a l l i b u r t o n • H a m m e r P a p . • j H a r b W a l k . . .

, H a r r i s S t l . . . . .» ; H a y e s Mf *• H e c h t C o . . . , ' | H e i n i pf

H e r t z H e y C h c v pf H i l t o n H o t H i r e s . C E H o l l a n d F . . . H o l l y S u g H o l l y S u g pf H o m e s t k H o o k e r EI H o u d H of Hou.«t I. A- P

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129 1 1 4 ' , - ' ,

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WILSON, Jan. 5—Beginning at P'.v for the trip. gomi Cred 9:30 a.m. Saturday. Boy Scouts' At Grimsby the car developed jcomw Ed will collect papers in the Wilson I motor trouble and the Ontario Pro- £onde ".»•' •

l i T i . c k » U cWiU . b c V*1',31!!6 a t „ , 5 C , » r c a - A ,ar8« transport truck will vincial police there located an oxy- r „ " EouP *.'.' gen equipped ambulance which'con Edi« pf rushed her to Toronto. The ambu- [£Z oF . c , r o n

lance received a police escort from ' Burlington to Toronto.

Firchall. Saunders Settlement Rd., I b c pa^cd near F.xley Methodist folonial Village. Firemen may | church all day so that anyone who iontact James Pass, Michael Dankoi wishes to bring papers in from out-<jr Hybert Schrocpfcr. I side the village may do so.

WI3L. Houck Promises Refugees Help iA Fight Against Deportation

NIAQARA FALLS, Ont., Jan. 5 But, with the threat of depor-

S O h El 30 5 5 > « -5 2 ' , 2 1 ' . -4 5 ' . -

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I H u d A- Man pf H u d Ba> M H u n t Frts . .

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III P w 111 T e r m RR .

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v» t n t e r l a k Ir Int Bu.«n M c h

» Int H a r v '« ' I n t M i n r r . . . ' • Int M i n i n g . . . 1 | Int Nick '• 1 Int Pack . . . ', i Int Paper

Int Ry C A pf I n t S h o e

' • | I n t S i l v e r * Int T e l A T e l

» I t n t e r t y p e . . '« lovsa 111 G '« ! 1,1 Crk Coal .

! J a c o b , J e f f LaV S

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J o n e , A- L ' , J o v M f g

K a i s e r A l ' • . K a i s e r A l pf .

K a n C P A L . . ' • K a n P A L . ' . K a v i e r , J ' . K e l s e y H a y . . ' • I K e n n e c o t t ' . K e r n C Ld ' . K l m b Clark

. K i n g S e e l . . . . ' • | K n p p e r s

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124 40 -2 2 1 , -

170 -1 2 0 » ; -1 2 0 ' . -

3 4 ' . -1 4 ' . -37 -2 4 ' . -7 3 ' . -5 0 ' . -3 7 ' . -2 0 T , -4 0 -16 4 0 s . -20 -1 4 ' i -2 7 ' . - 1 2 1 ' . - 1 3 4 ' . -14 -86 -2 5 ' . -1 6 » » -1 6 ' . -28 -

6 . -1 7 ' , -5 4 ' . -1 0 ' . -3 1 s . -

104 -37

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. 1 0 9 ' , -36 -1 2 ' ,

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8 ' , -. 6 2 ' j -. 1 0 4 ' , -. 5 2 ' , -. 4 9 ' . -

2 ' . . 1 2 ' , -. 5 2 ' . -. 2 5 " . -

3 5 ' , -. 10 . 3 4 ' . -

2 2 ' . . 3 7 ' , -. 3 3 ' , -

14 -. 38 •« . 38 -

66 -. 34 . 1 9 ' , . 5 5 ' , -. 2 2 ' . -. 3 9 ' . . 30 -

7 ' . -. 2 8 ' . -. . 1 0 1 ' , -. 39 . 90 . 3 7 ' , - ' . 1 1 » . - ' . 1 6 » , . 25 - '

. . n o -- i . 4 7 ' . -

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358 - 2 3 7 ' , -4 0 ' ,

4 5 8 ' , -1 6 ' , -88 -79 4 3 ' . 6 0 ' . - 1 2 5 » , -39 <-30 », 2 1 ' . -

7 U -38 -9 4 ' , » 8 7 ' . -3 6 » . -4 5 ' , -58 -8 0 > . -41 2 1 ' , 2 0 ' , -2 9 ' , -

104 -51 ' i 40 1 1 ' , -4 1 ' . -

K r e s g e , S S . . . K r o i e r L a m b e r t L a n e W e i l l . . . L e e R u b tc T . L e h i g h C A N . L e h P o r t C . . L e h V a l C o a l L e h V C I pf L e h V C 1 pf L e h V a l R R . . L e h m a n L e r n e r S tr L i b M c N St L L i i > & M y . . H o n Oi l L i o n e l C p . . . . L i q u i d C

. | L o c k h A i r e . . . L b e W » L o n e S C e m . L o n e S G a s . . . L o n g B e l l A . L o n g III L t . . L o r l l l a r d . L o r l l l a r d p f . . L o u t s v G & E . L o u & N a s h . . L o w e n s t e t n

| L u k e n i S t l . . . I M a c k T r k

M a c y ! M a c y p i

M a d So. G a r . M a g i c C h e f . . M a g n a v o x . . . M a n d e l ' B r o j . M a r a t h o n M a r i n e M i d . . M a r s h F i e l d . . M a r t i n . G L . . Mart P a r M a s o n l t e M a t t e r El . . . . M a y D S t r . . . M c C a l l

i M c C o r d M c C r o r y S t r . M c G r a w H . . M c t n t y i e M c K e s s A R . M c L e l l S tr M c Q u a y N o r . . M e a d Cp M e a d pf M e a d pf M e l v S h o e . . . M e n - a n t St . .

, ! M e r c k , I M e r r C h A S , j M e s t s M c h ; ' Met Ed pf a M:d C o n P e t . , : M i d d l e S Ut . , M i d i S t i P d .

Midi St l pf , Min Mol , M m Mol I pf , , M m A S t l . . .

' M i n S P S S M . I M i n n M A M . .

, • M i n n P A L . . , j M i s s i o n Cp . . , I M i s s i o n D v . . , I Misa R i v r . , ! M o K T pf . . , | M o P a c pf . , j M o h a w k " C- . . . M o n s a n C h . . , ! M o n t n U t . . , ; M o n t P w , ' M o n t e r Oil . . , - M o n t W a i d

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r . 4 ' , . U l ' . -. 8:i' , -

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R e a d l n x C o . . R e e d R B i t . . R e U p r p f R e m R a n d R e o H o l d . . . . R e p u b A v R t p u b F l c t . . R e p u b S t l . . . R e x D r u g R e y T o b B . . R e y T o b pf . . R h e e m Mf R i c h f l d OU . . R o a n A n t R o b b t n s M . . . R o b F u l t o n . . R o c h G A E . R o c k S p g R o h r A i r e . . . R o n s o n R o y a l O u t . . . R o y a l M c B . . R u b e r o i d R u p p e r t S a f e w a y S t . . S a f e S t p f . . 5 t J o s L e a d . . S t L S a n F S t L S a n F pf S t R e i P a p . . S a n g a m o El . . S a v A r m s . . . S c h e n l e y

, I S c h e r l n g , Ss i S c o t t P a p

I S c o v l l l Mf . . . l . S c r a n t O n El . . l . I S e a b A L R R . U | S e a b F i n a n . . .

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' N a t C o n t 1 5 " , -. ; N a t C M G 2 2 ' ,

I N a t D a i r y 3 8 ' , -N a t D S t r 18 -

, N a t D i s t i l l . . . 2 3 ' , -* N a t D u t i l l pf . . 9 6 ' , -

, N a t G y p s . . 3 0 J , -,* ; N a t L e a d Rl -i* N a t L e a d pf B 156

N a t L i n e n S . 1 2 ' . -, N a t Mal . 2 6 l . i ! N , t S t e e l . . . 6S -i* N a t S u g Ref . . 3 4 ' , -

I N a t S u p p l y . . . . 4 0 ' , -, N a t T e a . 3 9 ' . -

* , N a t T h e a . . . 1 0 ' , N a t V J I F i b . . . 1 2 ' * -

, j Natomas 7 ' , , , * ' N e i s n e r . . . 1 6 ' , -J , * | N e w b e r r y . 3 6 ' , -

,* N e w b e r r y pf . . 9 5 ' , , f N e w Erut El 1 6 ' , i N t w m o n t . . . . 73 —

* i N e w p t Ind . . . . 18 -, N V A i r Hrk . . . 2 4 ' , -,* N Y C e n t r a l . . . . 3 2 ' . , ' | N V C h A S I . . 5 1 ' , -, ' N Y C O m n i b u s 2 8 ' . -, * ! N Y XII A H pf 6 5 ' , -

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N V S h i p b d X V S t a E A G . . . N i a M P w N o p c o C h . . . . . ' . N o r f Sc W e s t . . N o A m A v N o A m C o . . . . N o r N G a s N o r P a c . . . . N o r St . , P w . . . N o r t h r o p N « . s t A i r i i n . . . N w s t A i r pf O h i o Bdis O h i o Oil O l i n M a t h O l i v e r C p O l i v e r pf O t i s E l e v O u t b M A M

I O w e n s C n g ! O w e n s 111 G l .

Pa ben Pd ! P a c C o a s t

P a c Fin P a c G A El . . .

I P a c L t e ! P a c T i n

P a c D Oil . P a n A W A i r .

P a n h E P L P a n h OH . . P ? r a m P i c t . . . Park A T i l P a r k e Da

| P a r k R u s t - P a t i n n M i n

P e a b Coal P e ^ b CI of P e n n D i x . . . .

! P^nn T e x P e n n e v . J C Pa P w A I.t . . Pa P A L pf Pa RR Pa S a l t . . . P e o p l e s O a s . . Pep«l C o l a P f e i f f e r Br . . . P f i z e r

! P f i i e r pf P h e l p s D P h i l a El Phi l A Rd C A t

I P h i l c o P h i l c o pf

. P h i l i p M o r Ph i l l J o n P h i l l P e t

• P i t n e y B o w , P i t C o k e A C

Pit C o k e pf Pit C o n C o a l . P i t P l a t e G P i t Scr A B Pi t S t e e l "

, P i t St l pf A P i t St l pr nf . .

I P i t A W V a . . i~ P i t t s t o n Co , ' P l y m Oil , * i Potnrn El P w

, ' P r o c t A G , ' P u b S v C o l o

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103 - ' , 2 4 ' . - ' . 52 ' . - '-, 3 9 ' , 4 5 ' , 3 8 ' . - ' . 11 •« - ' i 4 2 ' . - ' ; 1 8 ' , - ' i 7 3 ' . - ' • 1 0 ' . - ' , 3 9 ' , - '., 4 2 ' , 3 7 ' , 4 2 ' . - ' ,

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S e a r * R o e b . ; S e e g e r R e f r . ! S e r v e l I S h a r o n S t l . . j S n a t t u c k . . . . | S h e l l O i l

S h e r a t A m . : S i m m o n s . . . . j S i m m o n d s S . I S i n c l a i r O . . ; S k e l l y Oi l . ! S m i t h 4 20 pf

S m i t h D o u . S o t - o n y V a c Solar A i re S o C a r E A G S o P H S u g .

, S o u C a l E d i s S o u t h e r n C o S o u I n d G . .

' S o u P a c . . . . I S o u R y : S w e s t P S . . . ! S p a l d i n g

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• S p e n C h e m . S p e u K e l l

' S p e i r y . . . . ' S p i e g e l ' S p i e g e l pf

S q u a r e D . . . i S t d B r a n d

S t d Co i l P d . i S t d G A E . t S t d Oi l Cal . , S t d OH I n d , i S td Oi l ttJ . . , . S t d Oi l Of\ .

S t a n W a r , S t a u f f C h , | S t e r l D r u g , S t e v e n s . J P

S t e w W a r . S t i x B A F . . . . , S t o k e V a n C . . . , S t o k e V C pf . . \ S t o n e A W . . .

S t r o m Carl • S u n C h e m ' S u n Oi l

S u n r a y Oi l . . . . S u n s h B;s S u t h e r P a p

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S y m G o u l d ' , T e l a u t o g r • T e n n C p « T e x a s Co . . . » T e x G P r o d '• T e x G Sul WI .

Te.x I n s • T e x P C A O . .

' . ' T e x P L Tr . . • j T e x U t i l

' , T e x t r o n ». : T h a t c h G l ' , T h e r m o i d . _ . . . .

T h o m p Pd '. . . . i , T i d e W a l A s

T i d e W a t pf . i , T i m k R B e a r . . i , T o l e d o Ed >, T r a n W A i r i , : T r a n s a m e r

! T n C o n t i T n C o n t pf

T r u a x Tra ">. . . , T u n g S o l pf . . . ," T w e n t C e n . . . . • T w i n City

T w i n C o a c h . T x l O i l . ,« U d y t i t e

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U n i t A i r e ' i ' U n i t B i s c ' . Un i t Bd * C » . U n C i g W h

U n i t e d C p ! , U n i t D y e A Ch ' , L'nit El C o a l ' , U n i t Eng" A- F ' , U n i t F r u i t ' , U n G a s Cp

U n i t M I M . •!, . U n Pk C M m , , ! U S i - F o r S i , I U S A F o r S pf .

U S G y p s u m . , . U S Hoff i* U S Hoff pf . . i* ITS l o d u s t . . . . . U S U i n e s i* U S P i p e A F u* U ? R u b . . .

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V a n N o r m V a n a d Cp . . .

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' • V ic t Ch W k . . ' • Va C a m Ch . . 1 , V a C Ch pf . . ' • Va F.I A- P w . . ' , V i r g Rv ' . V i r g R.v pf . . . ' . V u l c a n pf ' , W a l d o r f S y s . ' , I W a l g r e e n . . . ' , W a l k e r . H ' , W a l w o r t h >. W a r d Bak

W a r n H u d W a r r e n P e t . .

i , W a . h Ga« ' . i W: . ,n Wat P

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W e s t A u t o S W e s t M a r y W e . t P a c W e s t U n Te l . W e s t g A B k .

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8 V , _ 4 H . -

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FALLS MARKET T h e f o l l o w t n f q u o t a t l o h J a r t c o m

p i l e d b y t h e f J A Z E T T E e a c h m a r k e t < U y — M o n d a y , W e d n e s d a y a n d F r i d a y — a n d r e p r e s e n t t h e - p r i c e s a i k e d for t h e i r p r o d u c e b y f a r m e n o.n t h e N i agara- r a i l s C i t y M a r k e t . P i n t A v e . a n d t 8 t h S t . O n l y h o m e f r o w n p r o d u c e It q u o t e d : h u c k s t e r s p r i c e s a r c n o t I n c l u d e d .

T h e s e a r e t h e p r o d u c e p r i c e s w h i c h p r e v a i l e d g e n e r a l l y o n t h e C i t y M a r k e t F r i d a y : E G G S — -

d o . , l a r g e . ' d o r . d o . , m e d i u m , d o c . S m a l l , dor- . J u m b o , d o r . " . . P e e W e t * , d o r . . e x t r a targe i

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MARGIN ON STOCK PURCHASES HIKED TO 60 PER CENT

U. S. Move Made to Re-•train Surging Market; Funston Rapt Action

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A P P L E S — C o r t l a n d , to b u d o . . 4 q t d o . , b u . D e l i c i o u s . 4 q t . d o . , b u . .

I G r e e n i n g , b u K i n g . 4 qt-M c i n t o s h , q t . d o . . 4 q t d o . , s m a l l . 4 q t d o . , 3 In. a n d u p , b u . . .

> N o r t h e r n S p y , q t d o . , 4 a t . . . -d o . , b u .

| O T H E R S - — Q u i n c e s , l i b u . , , . . , . . . .

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B e e t s . 3 b u n . B r o c c o l i , q t B r u s s e l S p r o u t s , q t . . . C a b b a g e , hd b u . Celery, stalk Carrots, qt bu. C a u l i f l o w e r , h d . Di l l , Dun. Egg P l a n t , ea . P e p p e r s , h o t . q t . . d o . , . s w e e t , q t d o . . 4 q t d o . , c h e r r y , q t R a d i s h e s , 3 b u n d o . , w h i t e , 3 b u n . . . S w i s s C h a r d . 2 for . . S w i s s C h a r d , b u n c h . T u r n i p s . 4 q t . . . . d o . , qt . P a r s l e y q t P u m p k i n s m a l l . 2 (or S q u a s h , v a r i o u s s i z e s . B u . . .

O N I O N S — D r y . o t . . . S p a n i s h , l a r g e , e a . . . C o o k i n g , o t G l o b e 4 qt .

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By FRANK O'BRIEN WASHINGTON, J»n. 5 tf>—Tt»

•3* government put out a moderately resigning hand toward the a iming sloe* rnarkct today, vailing for purchasers of Hock to put up at leaAt 60 per cent cash instead of the previous 50 per cent.

The action, announced by tht) Federal Reserve Board late yester* daw was promptly protested by th« New York Stock Exchange president, Keith Funitoo, as restraining "the proper function of th« market and the free interplay of th« basic law of supply and demand."

i The increased "down payment" w is effective on stocks bought today

i »nd hereafter. The slock market has been ad

vancing steadily for more than 15 months, and since the November elections it has ben surging ahead with almost unprecedented speed. Average Near Record

The Associated Press average of 60 stocks slipped yesterday to $155.80 after reaching $156.40 on Monday, a level topped only by the peak of $157.70 on Sept. 3,

?* j 1929, shortly before the big Wall crash. There were no "federal

I oo bU

3 35 75

3 73 3 75

3 50 I 30 63

3 10

80

10

25

is! _ 20 ; St. 20 ! cash minimums in 1929. so | The Reserve Board's action had

than fira

80

I

• more a preventive j fighting look. | What it did was raise by one*

8 0 fifth—from 50 to 60 per c e n t -trie margin or ca.sh requirement in stock transactions.

The government has no authority lo regulate stock prices. A 1955 law authorizes the Reserve Board only to "prevent the excessive use

I of credit" in the stock market. Tha 4 3 i theory behind the action is that

3 25 ! a h '^ c , n , h c c a * h requirement will / 4sU'ut down on speculative buying. ? so N c w V o r k hrokcrs generally

agree that speculation on margin is not a major factor in the present boom. The ratio of money borrow-

! ed by brokers lo lend for margin | trading is only about one per cent

u p of the value of all securities listed | on the New York Stock Exchange. , In 1929*it was nearly 10 per cent. j Credit Rises Sharply

T e m p e r a t u r e , at N i a g a r a F a l l . , as ' _ A « ° d ' ' r . « t o t h e l a t e s t a v a i l a b l e

recorded by the official Garette Keservc Board figures, total credit

3 25

50 30

33 23

32 a n d 1 00

The Weather

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. 1 0 1 ' , - 1 « , 2 6 " , - I

thermometer : H i g h for 24 h o u r s 36 L o w for 24 h o u r s 28 A v e r a g e for 34 h n u r s 32 1

T t a t e r d a r ' s R e a d i n g s N o o n 3 6 3 o :n. 36 6 p . m . 32 9 p .m. 31 M i d n i g h t 30

T o d a y ' s R e a d l n s i .1 a . m . 29 « a . m . 28 9 a in . 30 N o o n 35

B a r a m e t r i e F r e s s a r t 3 0 i n c h e s ; f a l l i n g .

N i a g a r a W e a t h e r F o r e c a s t | - _ J / • - - , „ _ . . . . , " ~~~~"~ C l o u d i n g u p w i t h r a m l a t e t o d a y ! a n a c ° - t O m m e n l e d i n N e w Y o r k

a n d t o n i g h t , p o s s i b l y p r e c e d e d by j t h a t t h e m o v e s h o w s t h e c a v e r n , br i e f p e r i o d of s l e e t . M o d e r a t i n g tern- ; m „ „ . - . . . . . e * o v c r n -n e r a t u r e s . H i g h n e a r 40 . L o w t o n i g h t m e m |< t a k i n g s t e p s IO m a k e S U r t m i d 30s . T h u r s d a y s h o w e r y a n d m i l d I t h a t n o t h i n g i n t h e w a v o f e x c e s s i v a t u r n i n g m u c h c o o l e r w i t h s n o w f l u r - | • • • " ' " • " " » i.ei by night. High tomorrow near marxct movements will develop to 40 d e g r e e s . I n c r e a s i n g s o u t h e a s t to , u p s e t t h e p r o s p e r i t y t h e c o u n l r * s o u t h w i n d « 1 0 - i S m i l e s a n h o u r b e - * ; • . ", ' ^ M l - V " , c c o u n t r y t o n u n g l i g h t v a r i a b l e *-ativ T h u r s d a y " e n j o y i n g . a n d n o r t h w e s t e r l y l a t e T h u r s d a y . ! F l i n . M o n . o n t h e o t h e r h a n d s a i d

T e m p e r a t u r e , to 7:30 a . m . ! j„ a j , a U m e n , h n i c d j n ' N

York :

extended to customers by brokers and dealers increased from $ ! , 6<V 000,000 on Feb. 1. 19<4, to S"1 • 202.000,000 last Nov.^30.

It was possible the action might even stimulate market activity. Some officials conceded the boost in margin requirements might be taken by many investors as indicating the government thought the market would continue lo advance.'

: Harold I.. Bache, senior partner | in the big investment firm of Bache

i '

l

24

Albany Binghamton Boston Buffalo Chicago Cleveland Des Moines Detroit Galveston Kansas City l.ns Angeles Miami

Montreal New Orleans New York NIAGARA FALLS . Philadelphia Pittsburgh Rochester Seattle St. Louis •. Syracuse Washington

hour h i sh

40 35 40 40 48 47 39 42 68 62 39 77 29

' 25 70 48 36 53 43 41

. 37 62 40

. 59

12-hour low

20 12 22 23 42 30 31 31 62 48 45

58 22

1 ^ 3 4

35 28 28 30 21 trt 58 15 32

'The effect of the increase, of course, will be lb inhibit the proper functioning of (he market and the free interplay of the basic law of supply and demand."

AP Stock and Bond Averages

Mutual Funds

r « m „ . i 2 ° £ D A V E R A G E S C o m p i l e d b y the A s s o c i a t e d P

, 2° io m v . . . ., R a l 1 ' I n d u t t . Ut i l Y e s t e r d a y . 9 9 8 9 9 „ W e e k a g o 09 g

1 M o n t h a g o BO 9 1 Y e a r a g o 94 .3

1954-55 h i g h 100 0 I 1954-55 l o w 94 2 ! 1953 h i g h 95 7

1953 l o w 90 6

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100 I 99 7

100.1 96.9

100.9 9 6 8 98 0 92 4

res« in

F g n . 84.6 84.4 83 0 80 6 83.1 80 .6 8 0 7 76.3

Q a o U t l o n s f a m i s h e d b y R o b e r t E. Sage • hd C o m p a n y . L ' n l t H Of f i ce B l d r . !

S T O C K A V E R A G E S C o m p i l e d b y the A i ' o c l a t e d Pres»

1 7 ' . -5 5 ' , -3 2 ' , -6 4 ' , 8 2 ' . 1 2 6 ' . 8 ! « , -5 4 ' , -97 24 -.76 II ' . 1 9 ' , J-

. 22 6 7 ' , -31 '.• •

163 S l « . ~ 1 1 ' . «• 5 3 ' . 1

2 * ' ! -7 2 ' , -

. 13 -9 2 ' , -

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i I: b

ft' w<' -w

4rA young Arab and his wife, refu Mes of the Palestine war, didn't lôw whether to rejoice or cry

en a son was born to them here New Year's Day, the first Ni-

ara Falls 1955 baby. Stranded here and supported by ffak), N. Y„ relatives, Farid rb, 29, and his wife, Jamileh, 32, chejd the heart of a member of

Canadian Parliament, ed^d To Help William I.. Houck, liberal mem-r for the Niagara Riding, pledged carry the fight against the fam-s deportation to their native

untry. "1*11 certainly *ce that everything ssible is done for them/' he omiscd. He learned about their plight

' l icjri {Mr$. Harb gave birth to the : i iq baby of the year in Niagara

':"ills, Ont., General Hospital. The 11 veq-pound boy, Jama!, the Arabic

ii jrd tor Jimmy, was born 14 min« A W i f t e r the beginninf of the year.

-•f>-t-*~4>"« " • - • • - • .»«•>..#..•.. Wall Street Today

i r e s p o n s e

d i p p e d m o d e r a t e l y t o d a y In I off J - 3 2 of a r e n t ; 90 d a y f u t u r e s h . . . ^ . . . i „ i . . . | 2 . 7 8 ' l l - l f l . off 1-32 of a c e n t ; B e l g i u m m a r g i n r e q u i r e -

depoi tation to Jerusalem, now divided between hostile neighbors, the Harbs didn't know whether to celebrate or fear the coming days.

'I he news of Houck's offer of help filled Buffalo relatives of the couple with ncw hope. Glren New Hope ,

"I'm overwhelmcd.', exclaimed lvsa Omron, 22, a brother-in-law of Harb. He Jives at 1193 Niagara St., Buffalo, with his Syrian-born wife, j main in the show unless the a younger brother, Moses, and their'school's joint Faculty-Student Art

B y R A D K R TVINGET I " r * * » B r i t a i n f p o u n m » 2 | H ' . . u n -1 x ? r „ . vnoxr t • « .«_ •L. I c h a n g e d : 30 d a y f u t u r e s 2 .78 3 1 - 3 2 . 1 NEW \ O R K . J a n . 5 >?• - T h e s t o c k j u n c h a n g e d : 60 d a y f u t u r e s 2.78 2 1 - 3 2 j ' m a r k e t

to h i g h e r , „ „ , . , „ . . T , m r . i ( ( r J n c | 7 0 0 o l ( M,% of „ . c e n t . T r a n r e ( f r a n c ) 2 8 » s of a c e n t , u n c h a n g e d ; G e r m a n y ( W e s t e r n ! ( d e u t -s c h e m a r k * 3 3 . 8 3 . u n c h a n g e d : H o l l a n d ( g u i l d e r ) 26 3 9 . t ip , 0 0 ' a o l a r e n t : I t a l y ( l i r a ) . 1 6 ' , of a r e n t , u n c h a n g e d : P o r t u g a l ( r s c u d o ) 3 30. u n c h a n g e d : . S w e d e n ( k r o n a ) 1 9 3 4 . u n c h a n g e d : S w i t z e r l a n d ( f r a n c ) ' f r e e ) 2 3 3 3 ' j , u n -t h a n g e d ; D e n m a r k ( k r o n e ) 14 30 . u n c h a n g e d .

I .* t in A m e r i c a : A r g e n t i n a ( f r e e ) 7 . 2 4 . u n c h a n g e d

Deawingg to Remain Despite Objections O f T o r o n t o ' * M a y o r j i m e n t i o r d e r e d b y t h e f e d e r a l r e s e r v e . ' ~ 'i'r\or\\rm r\_. i«^ c m T h e m i n i m u m - a m o u n t of c a s h r e -I L y t U i N I U , U n t . , J a n . ."S M) — t a u l r e d In b u y i n g s t o r k s v.*t b o o s t e d

Three drawings of nudes included t©j»o per cent from so per cent. • u - u ' . - r .v. i i • ~ n ' m a r k e t o p e n e d s h a r p l y l o w e r

in an art exhibition at the University of Toronto apparently arc going to slay on view even though Major Nathan Phillips savs they are "objectionable."

Joseph McCullcy, warden of tho university's Hart House,, refused to comply with the -mayor's request yesterday that the works come down. He indicated they will re

m a r k e t 3 2 1 - 3 2 p e r c e n t p r e m i u m o r s o u r ! P a c i f i c 4» . A m e r i c a n t* F o r e i g n I 103 6 5 ' . U. S. c e n t s , u p 1-32 of a r e n t . P o w e r 4 80«. C o n s o l i d a t e d E d i s o n 3*»s . I

l D . . . A l l i e d C h e m i c a l 3 ' i s a n d G e n e r a l { B r i t a i n ' p o u n d * H_.7_fl«.._,un- j M o ' o f g A c c e p t a n c e 3 ' , i .

E u r o p e : G r e a t

ailing mother. The Buffalo branch of the family,

he explained were American citizens, through the father! an Arab who lived in Palestine, tinder the British mandate, and emigrated to Buffalo in the 1920*8. He brought the entire family over in 1950.

'That is the whole family, except Jamileh, who .had married in the meantime. Because of her age and her husband she could not qualify for entry in the United States.

i Committee orders them removed. The three drawings are the work

of two young Toronto artists, Graham Coughrty and Michael Snow. One portrays a nude woman holding a bird. The other two depict nude male and female figures in seated embraces. They are among XS paintings and 10 drawings on exhibition.'

Phillips visited the show following complaints that several pictures were offensive,

w i t h l o s s e s r u n n i n g t o a r o u n d 4 p o i n t s . T r a d i n g w a s h e a v y e n o u g h t o f o r c e t h e t a p e to d r o p b e h i n d a t m u c h »« t h r e e m i n u t e s In r e p o r t i n g a c t u a l f loor t r a n s a c t i o n s . C o n g e s t i o n l a s t e d Into t h e s e c o n d h o u r .

P r i c e s r e a c h e d b o t t o m - •svllhln t h e f irs t 30 m i n u t e s o f t r a d i n g . T h e n the_y s t e a d i e d a n d b e g a n a r a l l y t h a t r e t r a c e d m u c h of t h e o r i g i n a l l o s s .

A i r c r a f t * svere h i g h l y f a v o r e d tn t h e r e c o v e r y a n d d i s p l a y e d g a i n s r u n n i n g t o a r o u n d 2 p o i n t s . I n d i v i d u a l s t o c k s e l s e w h e r e In t h e li«t a d d e d b e t w e e n 3 a n d 4 p o i n t s o n c o r p o r a t e d e v e l o p m e n t s l h a t I g n o r e d t h e g e n e r a l m a r k e t t r e n d .

P r i c e s w e i e g e n e r a l l y ' l o w e r o n t h e A m e r i c a n s t o c k e x c h a n g e w h e r e t r a d i n g w a s h e a v y . ! . © w e r w e r e A r k a n s a s t . n u l s l » n a G a t . B r a z i l i a n T r a c t i o n , B r i t i s h P e t r o l e u m . C e s s n a A i r c r a f t . C h a r t e r O i l , M e s a b l I r o n . S t a n d a r d P a c k a g i n g a n d t e c h n i c o l o r . H i g h e r w e r e G e n e r a l s t o r e s . G o o d m a n M f g . . a n d P a n t e p e c Oi l . T h e b o n d m a r k e t w a s e a s y . V. S . g o v e r n m e n t I s s u e s In t h e o v e r t h e c o u n t e r m a r k e t w e r e f a i r l y ' • t c a d y .

Livestock S Ml — ( N Y S D A ) -B U F F A L O . J a n . S MV

C l o f l n i l i v e s t o c k S a l a b l e c a t t l e 3 5 0 . to ta l 400 . S a l a b l e

r e c e i p t s I n c l u d e t h r e e l o a d s of rai l c a t t l e S t e e r s and h e i f e r s — t n l r k e t s t r o n g . G o o d a n d c h o i c e 7 5 0 - 1 0 0 0 lb . s t e e r s . 2 3 . 3 0 - 3 3 . 3 0 : c o m m e r c i a l and , g o o d 7 S 0 - 1 0 0 0 l b . ( t e e n 19 .50 -22 23: d a i r y t y p e s l a u g h t e r r a t t l e — m a r k e t w e a k e r . C o m m e r c i a l c o w s 11 .00 -11 .50 ; l o p 12 00 s p a r i n g l y ; u t i l i t y 9 0 0 - 1 0 50: r a n n e r a n d c u t t e r s 7 . 5 0 - 9 . 5 0 : a n d a . f e w b e l o w : f a t y e l l o w c o w « 7 .00-8 .00 . ,

B i d A f f i l i a t e d F u n d . . 5.81 A m e r i c a n B u s i n e s s S h r s . 4 .19 A t o m D e v . Kd 13 .10 A x e - I l o u g h t o n Fd 1 1 5 4 A x e - H o u g h t o n F d . ' B " . 2 3 58 B o s t o n F u n d 30 11 B r o a d St I n v e s t i n g . 19 51 B u l l o c k F u n d . Ltd . . 32 .32 C a n a d i a n I n v e s t m e n t F d . . . 15 54 C a n a d a G m r r . i l L t d . 10 00 C a n a d i a n I n v e « t . F d . L t d . 7.74 C h e m i c a l F u n d . 26 93 C o m m o n w e a l t h In . Co . . . 8.46 D i v i d e n d S h a r e s . . 2 40 E a t o n A H o w a r d B a l . F d . 19.43 E a t o n * H o w a r d S t o c k F d . 17.03 F i d e l i t y F u n d 3 3 . 9 6

| F u n d a m e n t a l I n v e s t o r s . . 13 52 '« G a s I n d u s t r i e s Fd 24 .32 ' . ! G r o u p S e c u r i t i e s :

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M a s s a c h u s e t t s t n v . T r u s t . 28 .06 M a s s a . I n v . G r . S t . Fd . 35 00 N ' a t l e n - w l d e B a l a n c e d Td. 18 35 N a t i o n a l I n v e s t o r s C o r p . 16.33 G e o . P u l n a m F d . . . . . 3 3 . 6 2 S t a t e S t r e e t I n v e s t . C o r p . . 70 .33 T e l e v i s i o n - E l e c t r o n i c * F d . . 10.65 W e l l i n g t o n F u n d 34 .64 W h i t e h a l l - F u n d 32 84 W i s c o n s i n I n v e s t m e n t C o . 3 20

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3 0 - y e a r <s««l d i p p e d 2 - 3 2 a t 109 1 6 - 3 2 b i d as d i d V i c t o r y L o a n J ' i l of 1967-72 a t 98 10 -33 b i d .

F o r e i g n l i e n * w e i ' e n a r r o w l v m i x e d , h u t c o r p o r a t e i s s t ies t e n d e d to d e c l i n e . R a i l r o a d s a n d u t i l i t i e s w e r e g e n e r a l l y In p l e n t i f u l s u p p l y . I n d u s t r i a l s c h a n g e d h a n d s o n a h i g h y s e l e c t i v e b a s i s . C o n -r e r t i b l e s w e r e m o s t l y l o w e r .

S o o L i n e R a i l r o a d 4s c l i m b e d t w o p o i n t s a t 65. F r a c t i o n a l l y h i g h e r at o n e t i m e w e r e B a l t i m o r e f* O h i o 3s of 1975, P e n n s y l v a n i a B a l l r o a d 4 ' i * o f 1 9 8 4 . P a c i f i c G a s 3 i o f 1974 , T i r e -s t o n e 3 s , A l c o a 3 ' . s* a n d K o p p e r * IU.

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