Industrial stocks mixed as Edison output peaks in week
Moderately lower early in New York trading as investors note Edison Electric Institute data showing electricity production rebounded to a new peak for the country in the week ended November 16. Rail shares face further study amid odd dividend news and a brighter traffic and earnings outlook as defense demand grows. Observers expect steel mills to run near 95 percent capacity in Q1 next year, a potential peacetime record.
MENTIONED IN THIS ARTICLE
Edison Electric Institute
Livestock and Grain Markets Across Cities Report
Cincinnati hogs steady to lower top 6.20 with various weight bids. cattle and calves light supply with typical pre holiday cleanup trade, steers 4.50 to 6.50, bulls 4.50 to 6. Sheep slow with limited demand. Pittsburgh hogs and cattle steady. calves 9 to 12.50. Wools and domestic wool activity muted inBoston markets. Toledo grain prices show corn 68 70 cents, oats 40 to 41. Chicago produce mixed with butter around 33 to 34 cents, eggs firm at 23 to 26 cents. Poultry prices listed for several classes and weights across markets.
Theodore Bear Dies at 76 Originator of Teddy Bear Name
Chicago obituary notes Theodore Bear died at his home aged 76. He popularized the Teddy Bear by giving it his own name, shaping a lasting toy legacy and cultural icon.
MENTIONED IN THIS ARTICLE
Chicago
Theodore Bear
U S Trade Balance Seen Artificially High This Year
The Commerce Department notes Americas favorable trade balance near 1.4 billion dollars the first war year, driven by exports of over 4 billion. Officials caution the gain reflects wartime demand and warn Latin American buyers need more dollar exchange or aid. Also 502 Americans advised to leave Shanghai as ships Washington and Taft depart.
MENTIONED IN THIS ARTICLE
Washington
America
Commerce Department
United States
Domeratzy
Britain
Europe
Demeratzky
Shanghai
Taft
State Department
Orient
Ohio liquor business set for year end rise in 1940 sales
Ohio's liquor industry aims for a net profit near 17 million dollars in 1940 with predicted store sales of 11.44 million during the holiday period and a peak Christmas week volume of 3 million. Assistant Director Hambleton forecasts 1.5 million more revenue than 1939 and 1.75 million in New Year trade.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Scott Hambleton
R. N. Frickey
Department
Frickey
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