Selling Reverses Advances In Stock Market
The stock market sold off after an early extension of yesterday’s mixed trend. Motors led the decline with General Motors and Chrysler bottoming near 1941 levels. American Airlines also fell more than two points as many major issues slid one point or more before mid day.
MENTIONED IN THIS ARTICLE
International News Service
New York
Motors
General Motors
Chrysler
American Airlines
Bethlehem
U. S. Steel
Montgomery Ward
Sears Roebuck
U. S. Rubber
American Telephone
du Pont
Boeing
U. S. Gypsum
American Can
J. I. Case
Electric Auto- Lite
American Shipbuilding
Pullman
Loew’s
National Distillers
Pure Oil
National Biscuit
Grain Quotations Move as Government Grain Policy Impacts Prices
Wheat prices fall early on selling tied to government plan to offer 1940 grain above prior quotes. December at 1.23, May 1.267-8, with further declines. Corn opens down 1-8 to 3-8, May 83 7-8 to 3-4, soybeans down 5-8 to 1-2. Toledo close shows No. 2 red wheat 1.22, No. 2 yellow corn 79-79½, No. 2 white oats 56 42-58½, No. 2 yellow soybeans 1.58-1.59.
MENTIONED IN THIS ARTICLE
Nes
Chicago
United Press
Toledo
Wool quotations show steady demand on varied wools
Boston December 17 reports from the United States Department of Agriculture show fine combing territory wools averaging good combing lengths bringing mostly 1.12 to 1.13 dollars per scoured pound. Ohio delaine sold 45 to 47 cents. Graded 5 and 44 blood Ohio fleeces traded around 51 to 52 cents in grease. Australian and some African wools remained in good demand at firm prices.
MENTIONED IN THIS ARTICLE
United Press
Boston
United States Agriculture Department
Ohio
Livestock Prices and Supplies Reported in Cleveland
Receipts total about 1,200 with higher market across cattle calves sheep and pigs. Prices vary by weight and grade with light lights at 11 to 11.25 dollars, cattle steers 12 to 13.25, yearlings 10.25 to 12, heifers 8 to 12, cows 4.75 to 8, calves 12 to 15.50, sheep and yearlings steady-to-lower, produce and vegetables listed with per unit quotes including potatoes between 1.25 and 3.10 per 100 pounds and other items such as mushrooms lettuce and turnips priced by item.
MENTIONED IN THIS ARTICLE
Cleveland
U. S
Idaho
Ohio
Pennsylvania
Maine
New York
Bakers
Pittsburgh Herd and Hog Prices From Market Report
United Press dispatch from Pittsburgh notes cattle and hog market details with price ranges for steers heifers cows and bulls. Hog prices span 100 to 350 pounds. sheep at 250 head with good to choice 15 to 16 dollars and common at 7 to 10 dollars.
Chicago Markets Report Bulls and Cattle Prices Rise
Chicago livestock prices show mixed gains with hogs up 10 to 15 cents and top at 11.40. Cattle and calves hold steady with beef steers 9.50 to 14 and yearlings 10 to 14.75 while stockers and feeders see varied ranges. Sheep and lambs also steady, lambs 12.25 to 12.75 and ewes 4 to 6.50.
MENTIONED IN THIS ARTICLE
International News Service
Chicago
Prices in Cleveland market recap strike steady tone
Cleveland reports a steady butter market with extras at 40 cents and standards at 36 1 2. Eggs show unsettled conditions with various prices for shippers and government graded eggs. Live poultry and ducks list multiple weights and prices, while homegrown Ohio produce mentions apples beets carrots celery and celery cabbage with boxed price ranges.
Pittsburgh Market Report Poultry Butter and Eggs
In Pittsburgh on December 17, poultry prices were steady with heavy hens at 20 to 22 cents, Leghorns 15 to 17 cents, old roosters 12 to 14 cents, Rock springers 20 to 22 cents, geese 17 to 18 cents, and turkeys 24 to 28 cents. Butter held steady with 92 score at 36 cents and other grades around 32 to 34 cents. eggs were weak with nearby receipts at 35 cents, white standards 39 cents, and white extras 40 cents.
MENTIONED IN THIS ARTICLE
Merrill Lynch, Pierce, Fenner & Beane i A
Ll A.m
Alaska
la. m. Hl
Pwr
Penn Fra Allied Stores
Phelps Dodge
Gen Foods
Plymouth Oil
Gen Motors
Sehenley Oil
Anaconda Houston Oil
Sears Roebuck
Assoc Dry Goods
Hudson
Sharon Steel Atchison
Illinois Cent Shell Union
Atlantic Coast L
Industrial Rayon
Atlantic Ref
Int Harvester
Aviation Corp
Int Nickel
Pacific
Tel & Tel Southern R
Barnsdall A Ye Johns Manville
Lorillard
Canada Pacific
Mack Trucks
Timken Det Axle
Exas Corp
Cerro d Pase
Marshall Field
Timken RB
Ches & Ohio
Martin
Glenn Twen
Fox
Chrysler
Midland Steel
Union Carb City Ice & F
Mont Ward
Col G & FE Motor Wheel
Union Pac
United Aire
Copperweld Steel
iClimax Moly
Murray Corp
United Airlines
Com Solvents
Nash Kekhlv Natl Acme
United Fruit
Comwith & So
Unit Gas Imp
Nat Biscuit
U S Rubber
Consol Edison
Natl Cash Re
U S Steel Consol Oil
Dist
Dair Fh
U_S Steel Pfd
DuPont Owens Ills Steel
Zenith Radio Eastman Rod
Eaton Mf
Packard Met Indus
el Auto
Pan Am Airways
Paramount P
Rails
International News Service
Pittsburgh
Chicago Market Prices for Butter Eggs and Poultry
Chicago market report shows butter at 7 503 tubs steady with varied grades and scores. Eggs receipts 11 003 cases with price ranges and fresh items noted. Live poultry mostly steady with turkeys hens leg horn and broilers priced per 100 weight across multiple classes.
Ohio crop insurance for 1942 sets record coverage
Columbus December 17 A record total of crop insurance policies will cover about 425000 acres of Buckeye wheat on 42000 farms in 1942. Premier estimates indicate yields between 6000000 and 7000000 bushels. Premiums are paid as wheat, totaling about 1100000 bushels for protection of a 7000000 dollar income. Wheat paid as premium is stored in the ever normal granary.
MENTIONED IN THIS ARTICLE
International News Service
Columbus
Ohio
Red E. Rupert
Rupert
Federal Crop Insurance Corp
Food costs rise 1.3 percent in month. 17 percent year
The Bureau of Labor Statistics reports retail food costs climbed 1.3 percent from Oct 14 to Nov 18, elevating the annual increase to 17.9 percent. Eggs, fresh fruits and vegetables led gains while cereals, bakery items and meats fell. No wartime price changes reported yet.
MENTIONED IN THIS ARTICLE
United Press
Washington
Bureau of Labor Statistics
United States
Price bumps hit fresh produce and staples at local markets
Local markets report higher prices on new potatoes up to 35 cents peck and leaf lettuce 18 cents per pound, with beets 10 cents per bunch and celery 10 cents per bunch. Broiler and butterfat prices shift, while grain, butter and poultry sections list varied rates for buyers. Multiple items across produce, dairy and seeds show modest increases and stable wheat and grain prices.
MENTIONED IN THIS ARTICLE
Canton Pure Milk Co
Tub Creamery
Paul Overholt
Pure Milk Co
Canton Poultry
Steiner-Hitz
California
Florida
Store Holds Christmas Party at Veterans Club
Hillman's, Inc. hosted a Christmas party Tuesday night at the Veterans club, 218 Market area, with 51 employees and their families present. E Norris Ecker, vice president and manager, spoke as a buffet supper, entertainment and dancing occurred. A week's salary was announced as a year end bonus for all regular employees, with smaller bonuses for part time workers.
MENTIONED IN THIS ARTICLE
Hillman’s, Inc
Market Area
E. Norris Ecker
Alexander the Great Used Snow to Cool Wine for Soldiers
Historical note claims Alexander the Great filled trenches with snow to chill wine for his troops, illustrating resourceful use of cold storage in ancient campaigns.
MENTIONED IN THIS ARTICLE
Alexander the Great
Wheat Penalty Relaxed Under Marketing Quotas Bill
Washington Dec 17 The House completed action on a bill changing penalty application for wheat under marketing quotas. Farmers will not pay penalties on current yield if not above normal for allotted acreage. Currently penalties apply to all wheat grown in excess of allotments.
MENTIONED IN THIS ARTICLE
Washington
House
Store extends bonus to men in services
Thirty-one local employees will share a Christmas bonus presented by the W. T. Grant Co. for more than 13,000 regular and part time workers with over six months service. Amounts depend on length of service. The firm, operating 498 stores nationwide, will also grant bonuses to 150 former employees now in army training or on active duty.
MENTIONED IN THIS ARTICLE
W. T. Grant Co
Army and Navy
R. H. Fogler
Also Mentioned on This Page
Merrill Lynch, Pierce
Enner & Beane
American Gas & Elec
Bliss
Gulf Oil of Penny
Lone Star Gas
Louisiana Land Niagara Hudson Power Republic Avia
St. Regis
Vultee Aircraft
Merrill Lynch
Pierce, Enner & Beane
Elden Brickanton Stamp & Enamel
Canton Drop Forge
Canton Hardware Co
Canton Mortgage Loan
Court Square
Diamond
Iebold
Btock
Morris Plan Bank
Medusa Po
Callte Cous
Pacific Mills
Celanese Corps
A Stein & Co
Robert Gair Cogg
Technicolor Inc
NY Trust Co
GRE Kinney Coaf
American Stores
Detroit
Island Creek Coal
Pond Creek Poca
Empire Trust
Endicott-Johnson
Philip Morris
United Prean
Ducks
Geese
Ohio Crop Insurance
Dumont Seed Co
Kansas
Michigan
Spp
Decadt
Texas Company
Europe
Russia
America
Texaco
Sky Chief
Havoline
THE
Fred
Allen
Metropolitan Opera
Reat
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