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Newspaper
Mt Vernon Register News
Location
Mt Vernon, Illinois, United States of America
Date
Jun 23, 1958
Page
4
A fragmented classified list offers Dixie Pullet Grower feed promotion and nearby business ads. Includes contact hints for Woodlawn Hatchery, septic service, heating surveys, carpentry, power mowers, and various room for rent and sale notices. Mentions prices, phone numbers, and local addresses across multiple small ads.
Wall Street slipped in moderate afternoon trading as volume neared 2.2 million shares. Major names like Goodyear and U.S. Steel edged lower while Lorillard and several others posted small gains amid a shifting mood. Bond prices dipped slightly as the steel sector faced anticipated rate cuts. </s>
Rep. Albert W. Cretella proposes a bill to end the major league farm system and ban uncontrolled broadcasting of big league games. The measure aims to clarify antitrust status for professional baseball and other sports and would prohibit ownership of minor league teams by major league clubs after Jan 1, 1960.
Chicago Mercantile Exchange reports butter and eggs steady with large receipts. Butter wholesale buying prices unchanged with AA 93 score and various grades around 54 to 57 percent. Eggs steady with receipts of 14,100 and whites, mixed, mediums and standards priced near mid thirties.
Markets at a glance from AP report. Stocks lower amid general decline while bonds under pressure. Cotton shows irregular liquidation and trade demand. In Chicago wheat falls on liquidation and corn and soybeans mostly lower with scattered selling. Hogs rise strong to 50 cents higher with top at 25 dollars. Cattle slaughter steers up 75 cents to a top of 32 dollars.
Wheat trade price 1.78 for sample red. Corn values: No 1 yellow 1.39-1.3944, No 2 yellow 1.39-1.3946. Oats: No 2 heavy white 70.14, No 1 extra heavy white 70.44, No 1 white 67.44. Soybean oil 9%%, soybeans meal 59.00-60.00. Barley making choice 1.20-1.35, feed 0.87-1.10.
Mt Vernon price quotes show Wheat at 1.68 Soybeans at 2.16 and Corn at 1.23 cut across local markets this afternoon with traders noting stable bids and light activity.
Chicago White Sox poised for a four game series with the New York Yankees as Al Lopez presses for ground in the pennant race. Ray Moore to oppose White Ford while Early Wynn, Dick Donovan, and Billy Pierce are lined up for the other games. Cubs split with Cincinnati as rookie Ellsworth struggles in first start.
Gus Bell led with a grand slam for Cincinnati, but Sammy Taylor starred for the Cubs. Taylor hit a three run homer in the sixth and later opened the ninth with a double to start a three run rally, giving Chicago a 6 3 comeback and a split in the series as they sit 3-3 on the trip. Cubs idle next.
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