Stocks Rise on Aircraft and Steel Upbeat Mood
New York stocks gain about a half point as aircraft and steel sectors lift market sentiment. Trading remains slow and uneven with RAF Berlin raid cited as a factor. London market steadies under fire while electric output and carload declines reflect holiday effects.
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New York
Royal Air Force
Berlin
London
Associated Press
Toledo and Cincinnati Market Prices for Grain and Livestock
The report lists Toledo grain prices for Wheat No 1 red 77 42 78 percent, No 2 red 16 2 77 4, Corn No 2 yellow 65 12 96, Oats No 2 white 31 2 33. Cincinnati produce prices cover butter and eggs with graded creamery scores, eggs by quality, and poultry pricing. Pittsburgh livestock markets show hogs, cattle, calves, and sheep with steady to varied bids, plus detailed weights and price ranges.
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Toledo
Cleveland Butter and Egg Board
Record steel output forecast for year
New York reports Iron Age forecast that 1940 steel production could top 64 million net tons if August rates continue. The current 62,132,445 ton record, excluding electric and crucible steel, was set in 1929.
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