Light Selling Lowers Stocks on Deflated Market
Light selling pulled the stock market lower with trades thin and prices near the lows since June 7. Rail shares and several blue chips fluctuated, while some issues hit new highs for the year. United Air Lines and other transports fell, and the market saw 345 advances to 466 declines among 1,047 issues.
MENTIONED IN THIS ARTICLE
New York
Sels Ropes el Iow
Associated Press
Wall Street
United Air Limes
United
American
Eastern
TWA
Douglas
Pood Machinery Corp
Westvaco Chemical Co
Tractor
United Aircraft
American Smelting
Allied Chemical
Pepsi-Cola
Southern Pacific
Standard Oil (Nj
Loews
Westinghouse House Electric
Frisco Railroad
Maracaibo
Richfield
General Motors
Montgomery Ward
Nash- Kelvinator
American Telephone
Aera Woolen
St. Paul
Baltimore and Ohio
Milnois Central
Sinclair
Gulf Oil
Plymouth
Petit
Texas
Path
Wheat slips as futures ease on Chicago board
Chicago grain notes wheat eased slightly on the board with a fraction of a cent drop. Corn and oats held firm then finished mixed as late selling followed the wheat decline. Cash wheat and yellow corn prices listed with various grades and ranges. oats and barley prices provided. final line mentions beans and a stray note about Chinese uses for yaw potato as a soap substitute.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Chicago Livestock Prices Report for June 18
Livestock totals show salable hogs 5 000 of 17 000, with hog price ranges for various weights from 21.50 to 27.50. Cattle totals include salable cattle 1 500 and calves 200 with grade steer and yearling prices around 34.50 to 36.00, grass cattle 25.0 to 27.0, and veal cuts around 29.00. Sheep listings show 600 head with prices around 21.50, while overall receipts are too low to establish benchmark prices.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Butter And Eggs Prices In New York Wholesale Market
June 18 market report shows firmer near-by prices for butter and eggs with some items unchanged. Whites and pullets receive the highest wholesale quotes for top grades, while lower grades and mid-range weights show smaller gains. A separate note mentions Rome’s 64 A.D. fire destroying two thirds of the city and Nero’s distance at the time.
MENTIONED IN THIS ARTICLE
New York
York
Rome
Nero
Big Aluminum Strike Set to Start Sunday
At Alcoa Tennessee workers voted 1,659 to 90 to strike at 10 p.m. est Sunday. The CIO United Steelworkers union at Pittsburgh issued the call and local 309 endorsed the plan affecting about 8,000 Alcoa workers at two plants in the area. Howard Strevel, president, said local 309 has about 7,000 members and officials prepared for an orderly shutdown.
MENTIONED IN THIS ARTICLE
Alcoa
Tenn
Aluminum Company of America
CIO United Steelworkers Union
Pittsburgh
Howard Strevel
Local YMCA Secretary Attends National Meet
George Upton secretary of the N. and W. Young Men’s Christian Association left yesterday to attend the National YMCA Transportation Institute in Silver Bay Lake George New York. More than 200 secretaries from railroad bus and merchants are expected to attend. Huntington weather bureau forecasts a rather cool five days with showers predicted Friday Saturday and Monday.
MENTIONED IN THIS ARTICLE
George Upton
N. & W. Young Men’s Christian Association
National Ymca ‘Transportation Institute
Silver Bay
Lake George
N. Y
Huntington
W. Va
West Virginia
Weather Bureau
Dewey differs in approach for White House bid
The piece discusses how if the Republicans nominate him, Thomas E. Dewey would govern with cautious policy workups and expert input, contrasting with Truman’s quick decisions. It cites Dewey’s potential slow, deliberate method and the influence of his Brain Trust on major moves.
MENTIONED IN THIS ARTICLE
Thomas E. Dewey
White House
Harry Truman
Dewey
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