Stock Market Edges Down Amid Wartime Uncertainty
New York AP reports a cautious early session with a slight drift lower. Bethlehem Steel and other major stocks show weakness as war developments and the Bethlehem strike influence investor sentiment.
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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Feb 27, 1941
Page
14
New York AP reports a cautious early session with a slight drift lower. Bethlehem Steel and other major stocks show weakness as war developments and the Bethlehem strike influence investor sentiment.
A volatile session on Wall Street sees multiple large names moving in narrow ranges. Major automakers and industrials show slight gains while rail and utility issues drift, leaving overall indexes little changed after today’s trading.
Grain and produce pricing from Cincinnati and Toledo markets shows butter steady with specific tablet and creamery scores, eggs firm with graded extras, and live poultry steady with varied weights. Toledo prices list wheat corn oats and soybeans, with additional notes on miscellaneous stock prices and company listings.
Hogs uneven and mostly steady to 300 off with top 7.90 for 180 to 240 pounds and other weights quoted. Cattle and calves small sale, undertone weak for cows, steers around 10.70, heifers 9.75 to 10.75, cutters and common cows 5.50 to 6.50, bulls scarce at 7.98 to 9.00, dealers steady to good.
Salable hogs 600 steady. Cattle 75 steady. Steers good to choice 120 to 13.50 per cwt. Heifers good to choice 9.50 to 11. Calves 100 steady at 13 to 14. Sheep 800 steady. Choice lambs 11.50 to 11.75 per cwt.
Wednesday sale results show prices for cattle including medium steers and heifers eight to nine dollars, cows six dollars, calves up to thirteen dollars. hogs and sows reported, plus sheep and crude oil figures from Ohio and Pennsylvania markets.
Junior and senior home economics students at Athens High School planned and hosted an informal tea for faculty student teachers and others. Each small group organized its own tea set up and refreshments under Miss Ruth Giesen supervision with Mary Jane Pennell chairing the first event and other students named for future committees.
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