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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jun 07, 1937
Page
10
Stocks slid early week then recovered with the smallest volume since late March 1935. Steel drop to 77.4 percent capacity due to strikes. auto output down for holiday. Car loadings hit a yearly high. electricity output up. crude oil peak. retail trade up. Farm stocks led gains. commodity issues up slightly. rails rose while utilities fell. motors up despite strike.
Stocks across railroads utilities oil and steel sectors show mixed results with notable gains for Atlantic Ref Pure Oil Standard of N J and U S Steel while Am. Tobacco General Electric and Coca Cola among others edge higher. Oil shares Atlantic Ref Pure Oil and Stand. of N J rise again as rail and industrials show uneven movement across steel motors and coppers.
Grain prices list wheat and corn prices with No 1 red Wheat at 117 and No 2 red 116 to 117. corn No 2 yellow 122 to 123. oats No 1 white 50 to 51. Live poultry and eggs steady with various weights and regions cited. butter, eggs, and hog dressed prices noted. receipts include 28 007 cases fresh graded firsts and 18 600 tubs butter with multiple grade prices.
The listing shows poultry categories with steady to extra grades and weights for hens roosters leghorns broilers ducks and other fowl across various sizes plus 100 lb potato bag prices for No 1 potatoes in Ohio California Alabama and South Carolina with range figures and dollar per unit values. Prices include Alabama Triumphs and Cobblers with quoted ranges 1.75 to 2.10 and Ontario region notes for California and Ohio totals 1902.10 and 2402.50 respectively.
The U S Department of Agriculture reports increased buyer activity over the past week as inquiries rise across wool lines. Some immediate purchases of fine western wools occur while country packed medium fleece wools are taken at firm prices. Prices for graded Ohio fleeces show quiet demand on fine graded stock with a few lots moving in combing and blood classifications, reflecting a cautious market.
Hog prices show light supply weights 200 to 225 lb up 5c to 11.35 top at 11.35 for 225 250 lb and 250 275 lb at 11.10 275 300 lb 10.60 300 350 lb 10.25 10.50 180 200 lb 11.25 160 180 lb 11.15 140 160 lb 10.15 10.65 100 140 lb 9.75 9.8 sows 9.25 9.50 averageFriday 10.98 for 213 lb cattle calves and sheep also noted.
Hog prices 750 head with 600 direct. top yesterday reported at 11.90 for one deck. Bulk 180 to 230 lb 11.75 to 11.85. Cattle top steers 12. Calves 50 with dealers at 10 down. Sheep 100 lambs 9.50 down. Spring lambs 13.50 down.
Semi-finals in the European Davis Cup zone saw Germany ahead of Italy 2-1 after singles and doubles wins with Von Cramm set to face De Stefani. The Czech Republic dominated France 4-1 while Yugoslavia beat South Africa. Belgium edged Sweden 3-2 as semi-finals wrap by June 17 ahead of a potential USA clash in the inter-zone final.
Lighthorse Harry Cooper and Horton Smith won the Inverness ball golf championship and the $1,000 top prize at the Inverness club in Toledo. The event concluded after four days of play with 16 top professionals and $3,600 awarded to other high finishers.
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