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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Jun 13, 1949
Page
8
Preliminary closing figures show declines across all major indexes on June 13 with the Dow Jones Industrial Average off 161.60 points at 3.01 percent, the railroads index down 171 and utilities down 21 points.
Race results list three races at Aqueduct with times and payouts. First race for 3 year olds at 7 furlongs shows winner Geet on 108 with 81.70 21.70 32.10 payouts and Time 1 28 4/5. Also ran Cancella Siots Star Autusin Storm Avocation and others. Second race for 3 year olds at 7 furlongs shows Pomander 113 and Indicapelia 148 with Times listed and payouts. Third race features $3,000 maidens over hurdles with Money Wrench Tis and Charioteer placing. dead heat noted among entrants.
New York reports a four year low as heavy selling drives shares down across the board. Most declines are small fraction to about a point with many issues near postwar lows. Turnover runs high around 1.3 million shares as the downtrend, seen for about a month, continues amid gloom in the financial district with several leading names under fire.
Race entries list for CESBA events across multiple claiming races. Details include horse names, weights, and riders for seven races, with purses ranging from 3 300 to 5 000 and conditions covering maiden claimers and older horses.
A solemn ceremony marked the permanent retirement of Babe Ruth's No 3 Yankee uniform at Yankee Stadium. The event honored Ruth's legacy as a baseball icon and his impact on the New York Yankees franchise.
The wirephoto forecast maps showers and scattered storms tonight from New England to the Appalachians and south to the Mississippi Valley and Texas, with fair weather in the far Southwest. Cooler north central states and hot humid conditions in most eastern states are noted, plus explanations of fronts and isobars by Dr Maxwell and general pressure movement.
AP dispatch reports a steady wholesale market with higher than 92 score creamery cream and varied cheese prices. Cheddars, Swiss, and other dairy items show firm quotes. fruit and vegetable items like cherries, strawberries, oranges, and potatoes are listed with regional price ranges across New York and nearby areas.
The Weather Bureau notes increasing clouds with warm nights and showers or thunderstorms possible tomorrow. Highs and record temps are referenced, with details for St Louis, Kansas City, Washington and Eastern New York, indicating cooler interior conditions tomorrow night.
Central New York region reports slow movement in strawberry receipts with mixed quality priced from 6.06 to 9.00 per crate, fair quality at 3.60 to 4.50, and poor quality as low as 1.00. Prices for asparagus, cauliflower, and radishes weakened, good spinach demand held, and live poultry and fruits showed mixed trends. bananas, Florida oranges, and watermelon stronger in commission houses while cabbage, potatoes, and hothouse tomatoes softened. Twenty three carloads received. three diverted. Wholesale prices from New York State Department of Agriculture listed for strawberries and vegetables with numerous itemized gains and losses.
Radio timetables for WSYR WSYE and affiliated stations feature orchestras led by Howard Barlow Donald Veerees and Ken Valentine. Films and stage stars Cary Grant and Marie Windsor are listed with frequent name checks for Burns and MacRae.
A radio season preview notes Dr Coolican hosting NBC Supper Club on WSYR, with Kay Stare and Fontane Sisters joining six weeks of guest performances. Joseph Jefferson dramatized on Cavalcade of America with Walter Hampden and Frank Gabrielson. Barbara Van Ornam joins Barter Theater group after auditions. Television and radio lineups feature Shirley Temple Cary Grant CBS radio and Citizen of the World CBS documentary July 10. Murder by Experts airs Mutual and WNDR at 9 tonight.
Grain prices in Chicago show varied moves across wheat corn and soybeans. Mixed and yellow corn figures, soybeans, oats and other grains shift with open and close levels reported for June and December contracts.
The Buffalo sale receipts show 1 050 head with loads of Canadian steers and heifers opening slow. Prices vary across classifications from Canadian steers around 324.50 to dairy cows 17.50 to 19.00, with market strength uncertain and feeder stock weak amid mixed offerings of calves sheep and hogs totaling about 3 750 head.
Treasury daily report shows the June 9 balance at 1 545 586 32 with total receipts and expenditures noted. The fragment records a budget position with a 661.98 million figure and pending accounts, indicating financial activity during the period.
Safeway Stores Inc declares quarterly dividends of 2a cents on common stock and 1.25 a share on preferred stock with June 21 record date. Directors note improved results and prospects justify higher common dividend. Also references Seagrams and Pistillers Corp with earnings figures for previous periods.
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