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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 01, 1944
Page
16
New York Chicago Pittsburgh summaries show steady butter and egg prices with mixed livestock action. Butter and eggs hold steady with various grade prices. hogs steady and cattle values rise to year highs. lambs strong, yearling and steer values edge higher amid slow trade.
The report shows Bond Averages with varied figures across indices such as a 20H 10 Ind and 10 Air. 18 For, Net Change AL Unch AL D2. Wednesday values indicate day and week comparisons, with highs near 90 and lows around 30.5. Sales reach $13,124,000 as of latest totals.
Accelerated buying in rail and industrial leaders lifted the market to a new five year peak. Brokers called it a favorable session with broad gains in bonds and commodities and an inflow of new funds. Rails led the rise, with 20 rail averages at 90.1 the highest since 1937.
New York May 3 The Associated Press wholesale prices index for 35 commodities rose to 107.0 percent from 108.63 the day before and 108.68 a week ago. The month shows a slight decline to 106.88 with year ago at 108.18, reflecting mixed changes in market averages across staples.
Rabbi Samuel Cooper chairs Charleston Zionist War Bond committee with Edmund Kaufman as national head. The drive aims to raise 50 million dollars, building on last year’s 24 million, to support the war effort and fund aircraft like the Charleston based P-40 Thunderbolt plane named in honor of Charleston. The campaign involves Zionist groups in Charleston, including Hadassah and Women’s Zionist Organization of America, and links with Treasury Department support.
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