Stocks Rally Mixed As Trade Shows Mixed Signals
New York stocks fell sharply then partly recovered in a hesitant week with trading slowest since late March. Steel cuts and auto slowdowns due to holidays pressed production, while car loadings hit a yearly high and electricity output rose. Farm shares led gains while copper and rubber advanced modestly.
MENTIONED IN THIS ARTICLE
New York
New York Stocks Report Mixes Blue Chips and Industrials
A chaotic listing of rail, industrial, and consumer stocks shows mixed activity as names like A T and T, B and O, US Steel, Coca Cola, DuPont, General Electric, and General Foods appear among others. Weak parsing yields unclear totals and scattered percentages.
Toledo and Pittsburgh Market Prices for Livestock and Grain
Grain and livestock prices reported for Toledo and Pittsburgh include Wheat No 1 red 117 118, Corn No 2 yellow 122 123, Oats No 1 white 50 51. Butter eggs poultry hogs and potatoes listed with steady or mixed quotes and regional receipts figures.
Demand for U S Domestic Wool Rises Slightly
The U S Agriculture Department reports increased buyer interest in domestic wools over the past week with little overall trading. Several fine western wools sold for immediate needs while medium fleece wools and graded Ohio fleeces showed limited activity at higher prices. Prices quoted include Degreed and combing wools around 40 to 43 cents in grease and blood classifications, with selective lots moving at 41 to 43 cents.
MENTIONED IN THIS ARTICLE
U. S. Agriculture Department
Ohio
U S Government Bonds Noted With Various Yields
A listing shows multiple U S government bond issues with different maturities and prices. Entries include 3% bonds from 1943 1940 1941 with prices around 105.22 106.17 106.12, plus additional issues at 107 106.20 and 104.12 104.27 11423.
Market Summary Hogs Cattle Calves and Sheep Prices
Hogs steady to higher on light weight 200 to 225 lb with 5¢ up, top $11.75 for 180 to 230 lb range. Prices listed for various weight classes from 100 to 350 lb. Sows about 25¢ lower. Cattle and calves mostly nominal with week’s top steers around $12 and calves near $10. Direct trade noted with some sales unreported. Spring lambs priced around $13.50, lambs $9.50 for others. Overall market activity toward steady with mixed direct sales and bulk weight ranges summarized.
MENTIONED IN THIS ARTICLE
Ohio
Calif
Alabama Triumphs
Alabama Cobblers
South Carolina
Davis Cup Semi-Finals Set Across European Zone
Germany leads Italy 2-1 with strong chances to advance to the final four as Von Cramm faces De Stefani in singles. Czechoslovakia and Yugoslavia strong in lower bracket while Belgium edges Sweden. Semi-finals wrap by June 17 with finals July 12 and possible USA or Britain matchups in later rounds.
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United Press
Czechoslovakia
Yugoslavia
Belgium
Germany
Italy
Gottfried von Cramm
Georgio de Stefani
Henner Henckel
Henckel
Yanni Canepele
von Cramm
Czech
Rance
United States
Great Britain
Cooper and Smith Best Ball Champs at Inverness
Lighthorse Harry Cooper and Horton Smith won the 1937 Inverness ball golf championship and the $1,000 first prize after four days of play at the Inverness club. The veteran pair led 16 top professionals with $3,600 awarded to other high finishers.
MENTIONED IN THIS ARTICLE
Toledo
Harry” Cooper
Horton Smith
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