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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 27, 1956
Page
11
Chicago traders saw a lower day with July soybeans dropping nearly 19 cents and trading limit briefly. Wheat corn and rye futures also fell as markets posted steady declines across major grains with soymeal and barley quoted in narrow ranges.
The stock market extended gains in a late splurge with cement steel aluminum and airline issues pushing up The Associated Press average of 60 stocks rose 80 cents to 182 00 erasing yesterday's loss Industrials up 140 rails 40 and utilities 30 cents U S Steel led activity with a 2 rise to 57 on 30400 shares Hupp Corp up 56 to 634 Panhandle Oil and American Airlines also among top movers Airlines such as Eastern National United and Pan American rose while Kaiser Aluminum Reynolds Metals and Aluminum Ltd posted gains Bonds and treasuries firmed or declined as the session closed with modest overall improvement.
An unnamed eyewitness report describes distressing acts on Main Street with a woman suffering, while a testimonial promotes Ice Mint Jenolin foot cream as soothing relief for calluses and burning feet. The advertisement-style note emphasizes fast action and cooling comfort for tired feet.
Chicago buyers and sellers report uneven hogs and steady cattle demand. Prices for No 1 and 2190-220 lb hogs range around 16.75 with various weights listed, while sows and lighter lots show narrower ranges. Cattle and calves show steady to higher activity with prime steers around 22.76 and good to low cattle prices in the 10.75 to 19.50 range. Pittsburgh notes steady cattle and hogs, lambs up to 27.00, ewes and goats modestly varied, calves steady.
An eight year old boy in Knoxville operates a bootlegging scheme, stealing whisky from an adult bootlegger and selling it for five cents a pint. City Safety Director David Garrison notes the unusual price cut and illegal activity in the dry city.
The report lists New York wholesale prices for butter and top quality beef, Washington treasury figures with deposits and withdrawals, and stock market data. A False Teeth advertisement promotes FASTEETH powder to keep dentures secure without gum or paste.
AP dispatch notes wholesale price trends for apples, potatoes, and berries with quality and weight specs. Beef and poultry markets show limited demand, ample offerings, and light receipts with few sales to establish a market. barley and other items lightly traded.
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