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Newspaper
Jefferson City Post Tribune
Location
Jefferson City, Missouri, United States of America
Date
Jun 13, 1938
Page
8
Financial pages show declines among stock market leaders as investors pull back in early June 1938. The Post-Tribune lists offerings and price movements, with several prominent names moving lower amid cautious trading.
New York informs trading on June 13 shows industrials down about two points while volume remains unusually light. Transfers hovered near 340 000 shares, marking one of the lowest full day totals in four years as analysts note blocks of stock resisted declines. Food for thought comes from possible congressional adjournment and the wage hour bill's status as speculative interest cools. Utilities and rails offered mild resistance as steels motors and other sectors underperformed.
Readable remnants show a full day of AWOS Radio Program on 1310 KILO with multiple shows, news, music, and market reports. The page also lists a dense classified section including autos for sale, real estate, services, and announcements with numerous business names and contact details.
Market notes from St Louis Kansas City Chicago detail eggs butter and poultry prices across St Louis, Kansas City, and Chicago with figures for hens spring and fryers, roosters, and leghorn varieties. Also listed are cattle hogs sheep prices, and grain quotes for wheat corn and oats with regionally reported shipments and receipts.
E T Weir head of National Steel Corp defends current steel prices saying lower rates won t bring more orders and that price cuts do not increase demand. He argues costs and wages, not steel prices, drive finished product pricing amid industry losses.
Eugene W Casey a 32 year old Negro taxi cab driver in New York writes to the city treasurer offering to repay the $49.10 relief benefit received by him and his wife saying they no longer need aid as he is able to work again He explains he wants to raise his family without relief and asks for instructions on repayment noting his illness in city hospital and his South Carolina upbringing influenced his decision.
The premier states a revision of court rules to ensure a fair hearing for defendants, aligning with Supreme Court standards. The Anglo-Italian pact awaits execution until many Italian volunteers withdraw from Spain, and the answer to the final query is no.
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