Stock Market Edges Higher as Gains Outweigh Losses
YORK AP The stock market extended yesterday's advance at the close as gains led amid brisk turnover. U.S. Steel faced a potential strike while slipping 1 1/2 points to 21 1/2 on 1 200 shares.
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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Jul 07, 1949
Page
26
YORK AP The stock market extended yesterday's advance at the close as gains led amid brisk turnover. U.S. Steel faced a potential strike while slipping 1 1/2 points to 21 1/2 on 1 200 shares.
A compact stock market note highlights New York shares and closing moves by Steene and Brock with Canadian Pacific and Chrysler among listed names.
Livestock receipts show feeders and hogs with higher bids, cattle and vealers steady to higher at Cincinnati markets. Dairy and produce details include graded U S consumer items, poultry and butter prices, and a note on insurance cost sharing tied to U S Steel labor talks and pension bargaining.
A fragmented listing of daily broadcast slots across WLW Channel 4 and WHIO Channel 13 detailing show titles times and fictional program blocks including Reds baseball Fans in the Stands Kitchen Klub Junior Jamboree Weather and various news and preview segments for a period likely in the 1940s to 1950s.
Ford and the CIO United Auto Workers resumed bargaining with no public remark on wage and pension demands. Chrysler negotiations were adjourned to July 20 to allow study and avoid clashing with the UAW convention in Milwaukee. Both Ford and Chrysler resist the union demands as the Ford contract expires July 15 and will be extended day by day.
The January report notes calls for repealing certain excise taxes and a proposed minimum wage increase from 40 to 75 cents. A housing bill’s passage is seen aiding the building industry, while references to Persia’s ancient tax demand appear as a distant comparison.
Police Chief Thomas D. Carmody announced 790 total car checks over two days as 400 plus motorists visited safety lanes. Sgt. Paul Fouts noted faulty stop lights as the main defect with many license-light corrections. Lanes run 10 am to 6 pm on Tuesdays Wednesdays and Thursdays in July at South Verity Pkwy near Fourteenth Ave. State patrols join spot checks. the program is statewide.
The defense reserved its right to open and argued Mrs. D Aquino would deny broadcast statements cited by De Wolfe and claim coercion while admitting entertainment. De Wolfe noted scripts and recordings were destroyed as troops advanced toward Japan but vowed witnesses would show her involvement in scripting and broadcasting.
Two Toledo residents were killed and two other injured when an automobile collided with a state highway truck loaded with stone near Wooster Ohio. The deceased are Miss Mary Ansera 64 and Mrs Marie Cassis.
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