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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jan 24, 1934
Page
27
The year 1933 saw continued livestock suffering as government taxes and slaughter policies aimed to boost meat relief hit farmers. Hog prices fluctuated, peaking around mid year, while cattle and sheep faced overall declines. Demand remained weak in many markets, with limited offerings at major markets and smaller centers inactive.
The market moved toward higher Roosevelt price levels with curb stocks showing strong gains amid war measures and improved conditions. Trading volume reached about 98.9 million shares as markets responded to economic and policy signals, nearing peaks seen in 1933.
The text notes whiskey and Canadian liquor stocks rising as prohibition repeal spreads, gold mining stocks climbing with the weak dollar, oil shares advancing on stabilizing petroleum prospects, and a strong motor industry revival driving auto securities. Utilities decline due to fixed rates and municipal ownership trends.
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