Leaders Start Decline As Market Weakens
The stock market weakened with blue chips under pressure led by American Telephone which fell over four points. Finland 6s rose more than 17 points amid peace rumors and cotton futures slid up to 75 cents a bale. Coca Cola, duPont, Union Carbide, Liggett & Myers, Sears Roebuck, Montgomery Ward, Peoples Gas all declined. General Motors and Chrysler waned while rails and aviation were uneven. Dow Chemical rose nearly a point as steels stayed steady.
MENTIONED IN THIS ARTICLE
International News Service
New York
American Telephone
Finland
Coca Cola
duPont
Union Carbide
Liggett & Myers
Sears Roebuck
Montgomery Ward
Peoples Gas
Chrysler
General Motors
Dow Chemical
New York curb furnished by Merrill Lynch groups
A list of financial and corporate entities including Merrill Lynch, American Cyanamid, Brewster Aeronautical, Fairchild Eng, Niagara, Hudson Power, Pennroad, Republic Avia, St. Regis Paper appears in a New York curb listing. The item reads like an index of firms connected to a market or building project.
MENTIONED IN THIS ARTICLE
Brewster Aeronautical
Fairchild Eng Niagara Hudson Power
Pennroad Republic
Avia St. Regis
Wool Quotations Boston Delivers Limited Wool Trade
United Press reports sparse activity in the Boston wool market on Wednesday. Inquiries came in but most sales were small spot lots for immediate use. Fine combing Ohio delaine sold 45 to 47 cents grease, while graded French combing length fine territory wools moved slowly at 1.10 to 1.13 dollars per scoured pound.
MENTIONED IN THIS ARTICLE
United Press
Boston
United States Agriculture Department
Ohio
Prices from Bw International News Service briefing
Cleveland markets report a wide range of farm product prices including butter eggs live poultry and Homegrown Ohio produce with steady or firm trends. Butter and eggs show firm markets while poultry prices vary by type and size. Ohio apples beets carrots and other vegetables are listed with per unit prices and sack rates.
MENTIONED IN THIS ARTICLE
Bw International News Service
Cleveland
U. S
Ohio
Maine
Idaho
New York
Pennsylvania
Bakers
Florida
Bliss
Texas
Poultry and dairy market report from Pittsburgh Jan 8
Poultry prices listed by type with hens Leghorns and springers, geese and turkeys. Butter and egg prices shown with current scores and standard butter at 35 1 4 cents.
MENTIONED IN THIS ARTICLE
International News Service
Pittsburgh
Butter Prices Shaped by Small Uplift in Chicago Trade
Chicago market report notes butter at 918 tubs originally priced steady to 1-4 cents higher. Trade activity appears modest with buyers cautious as market closes for the day.
Livestock Prices Report From Cleveland Market
Receipts total about 2,350 with cattle and calves steady in activity. Good to choice light and heavy cattle show broad price ranges from 8 to 13.50 per hundredweight, calves and sheep likewise with veals up to 17 and lambs around 12.75 to 13.25. Pigs and sows trade near steady levels across several weight classes.
Chicago market wrap on hogs cattle calves and sheep
Hogs 24,000 steady to strong with top at 11.65 and bulk 11 to 11.55. Heavies 11.00 to 11.35, sows 10.00 to 10.75, pigs 10.25 to 11.25. Cattle 6,000 steady, calves 700 steady. Beef steers 12.50 to 14.25, mediums 9.50 to 12.50, yearlings 9 to 14.75. Butchers: heifers 9 to 14.25, cows 8 to 10, bulls 7.75 to 11, calves 7 to 16, feeders 8 to 12.50. Stockers: steers 8 to 13, cows and heifers 7 to 11.25. Sheep 10,000 steady. Lambs 12.50 to 12.90, common 10 to 12.50, yearlings 10 to 11, feeders 10.75 to 12, ewes 4 to 6.75.
MENTIONED IN THIS ARTICLE
International News Service
Cleveland
Chicago
Pittsburgh
Pittsburgh Livestock Prices District Market Report
Cattle at study prices with ranges for steers heifers cows and bulls. Hogs steady with varied weights from 100 to 350 pounds, lambs and sheep listing prices, calves at 75 head with good to choice values and culls. Industry notes show steady demand across categories in Pittsburgh market.
Government ledger shows fiscal year totals and debt
United States government expenses and receipts through January 6 report a net deficit of 7.63 billion with cash and working balances of about 3.38 and 2.63 billion. War spending totals 8.55 billion, receipts 4.29 billion, public debt sits near 58.12 billion and gold reserve at 22.74 billion.
MENTIONED IN THIS ARTICLE
Unite_ WASHINGTON
Alpine Trucking Co Incorporation Filed in Alliance
Alliance Ohio January 8 incorporation papers filed for Alpine Trucking Co of Alliance listing 250 shares of no par stock. Incorporators named I E Sealfon Arthur Baith and Joseph Kramer.
MENTIONED IN THIS ARTICLE
Alliance Corporation
Columbus
Alpine Trucking Co
Alliance
I. E. Sealfon
Arthur Baith
Joseph Kramer
Produce Provisions And Buyer s Guide Price Updates
Butter merchants report one cent gains in retail and wholesale butter. Tub creamery at 37 cents, print creamery 39, second grade 37. Retail tub creamery 44, prints 46, second grade 42. Oranges and other produce priced, California oranges 29 to 39 per dozen, Florida oranges 25 and 39 per dozen, tangerines 29, Baldwin apples four pounds for 19 cents. Grain and feed prices listed, including wheat at 1.18 per bushel and timothy hay 15 per ton. Other produce items with varied per unit prices across vendors.
MENTIONED IN THIS ARTICLE
Tub Creamery
Florida
Baldwin
Graber Milling
Canton Pure Milk Co
Paul Overholt
Pure Milk Co
Canton Poultry
Steiner-Hitz
California
Dumont Seed Co
Kansas
Michigan
Ohio
Stark County Milk Producers elects new officers Saturday
H W Fienemann of the National Cooperative Milk Producers federation will give the principal address at the Stark County Milk Producers association annual meeting in Louisville High School auditorium at 12 45 p m Saturday. New officers and directors will be chosen and reports for the year ending Nov 30 will be presented. The association has about 1200 dairy farmers in Stark County and nearby areas. M R Moomaw, manager, cites a satisfactory 1942 outlook despite persistent labor shortages on dairy farms.
MENTIONED IN THIS ARTICLE
H. W. Fienemann
Washington
National Cooperative Milk Producers Federation
Stark County Milk Producers Association
Louisville
M. R. Moomaw
Stark County
Grain Quotations Nearby Mixed as Wheat Dips and Oats Hold
Grain prices eased slightly for most futures with profit taking, while oats remained steady. Opening moves saw May wheat slip about one half to three quarters of a cent, corn rise modestly, with May corn quoted at 85 7 8 to 86 cents.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Grain close report from Toledo on January 8
Toledo grain close reports two red wheat at 1.25, two yellow corn at 82 to 83 cents, two white oats at 60 to 62 cents, and two yellow soy beans at 1.75 dollars per bushel. Prices reflect Wednesday trading with standard bid ranges.
MENTIONED IN THIS ARTICLE
United Press
Toledo
Canton dealers at national shoe fair in Chicago
Walter Olson Philip C Fleischer David Brockman Glenn Millar and Amos Hensley represented Canton dealers at the national shoe fair in Chicago on Monday Tuesday and Wednesday.
MENTIONED IN THIS ARTICLE
Canton
Chicago
Walter Olson
Philip C. Fleischer
David Brockman
Glenn Millar
Amos Hensley
Housing expansion signals Canton wartime growth demand
Annala reports rapid leasing of 100 unit blocks and immediate filling. Walnut Hills project in Massillon has first 115 of 300 units ready next week. Crescent Gardens project on Canton Massillon road, 200 single family homes started in October with first units due February. Overall Canton adds about 1,200 federal units plus an estimated 1,500 homes in 1941 and 1,000 in 1940 amid private building and conversions.
MENTIONED IN THIS ARTICLE
Annala
Walnut Hills
Massillon
Crescent Gardens
Canton- Massillon
Canton
Canton Chamber Sets Housing Parley Saturday
Canton business leaders gather at the Onesto hotel to tackle the housing shortage as wartime jobs surge. H S McAllister will discuss sites for a 400 unit federal defense housing project with local officials and industry leaders attending.
MENTIONED IN THIS ARTICLE
Canton Chamber of Commerce
Canton
Onesto
H. S. McAllister
Public Buildings Administration
Chamber of Commerce
James Patterson
Canton Federation of Labor
I. W. Abel
Stark County Industrial Union Council
CIO
Felix Hinkle
Civilian Defense Committee
C. H. Annala
Don Mellett
Walnut Hills
Massillon
T. K. Harris
Canton Development Corp
Carl F. Wise
Canton Real Estate Board
John Quinn
National Defense
Chamber
B. E. Froehole
Will Preside
Washington Reports on Philippine Campaign Propaganda and MacArthur’s Counter Claims
Tokyo radio claimed the American task in the Philippines was hopeless as they were driven from positions, while Gen MacArthur said American and Philippine troops remain high in morale and ready to resist with skill and courage. Signals point to U S air and sea reinforcements heading toward the battle area as British Dutch Australian and Chinese sources note incoming aid. Dutch say they can sustain the fighting front and deploy more tanks despite uncertainties.
MENTIONED IN THIS ARTICLE
Canberra
Davao
United States
Gen. MacArthur
Mariveles
Batan
MacArthur
Corregidor Fortress
Tokyo
Burma
Dutch East Indies
Australia
Southwest
Pacific
Singapore
War Department
Philippine
U. S
Philippines
London
Thomas C. Hart
Batavia
Netherlands East Indies
Bricker Urges Special Session On Surplus Tax
Ohio Governor Bricker criticized a proposed special legislative session to allocate surplus funds, saying it should not have been called after the war began. He warned of sharp revenue losses from liquid fuel taxes liquor, and sales taxes, predicting Ohio could lose 20 to 30 million in ordinary revenue this year. He urged tighten belts and expense cuts while noting local governments rely on property taxes.
MENTIONED IN THIS ARTICLE
Mr. Bricker
America
Gov. Bricker
Ohio
Beginnings In the Family PTA Talk at Timken High
Mrs Richard G Williams of Columbus leads the second half of the PTA study group conference series at Timken Vocational High School with the topic Beginnings In the Family The balance of meetings will cover Living and Growing in Mental Health Sessions run 10 to 11 30 am and 1 30 to 3 pm Reservations for luncheon are with Mrs Norman L Steiner County study group chairwoman A special meeting of all local study group chairmen is planned at 1 pm SMUR Canton Councils annual banquet plans were discussed with Mrs C R Bader presiding Membership exceeds 4000 with two new units joining Nursing and Red Cross activity noted with knitting and sewing ongoing Health chair J W Flagmeier led program speakers Dr F M Sayre Sept T C Knapp and Mrs George Riehl discussed Nutrition for Defense.
MENTIONED IN THIS ARTICLE
Richard G. Williams
Columbus
County Council
Timken Vocational High School
Norman L. Steiner
J. W. Flagmeier
F. M. Sayre
Sept. T
Tax mix proposals with projected federal revenue totals
A document outlines four tax proposals: an excise tax versus sales tax at 4 to 5 percent of taxable retail value, yielding 2.0 to 2.5 billion dollars. higher individual income and corporate excess profits taxes yielding 3.0 to 4.0 billion. reductions in estate gift and miscellaneous taxes totaling about 0.5 billion. and higher payroll taxes for old age annuity and unemployment compensation yielding 2.0 billion.
Research Institute opens Canton local office
The Research Institute of America has opened a Canton office at 1014 First National Bank Building. George W. Jones, formerly of Houston, leads the Canton office as district manager, overseeing reports on governmental developments taxation labor issues and economic studies. Leo M. Cherne serves as executive secretary with headquarters in New York and Washington.
MENTIONED IN THIS ARTICLE
Research Institute of America
Canton
First National Bank
George W. Jones
Philadelphia
Institute
Houston
Tex
Research Institute
Leo M. Cherne
New York
Washington
Eight Civilians Reported Lost From Mine Planter Arnold
United Press reports eight civilians missing and more than a dozen rescued after the junior mine planter Arnold sank in a gale while being towed to Portsmouth New Hampshire early today.
MENTIONED IN THIS ARTICLE
United Press
Portsmouth
N. H
Arnold
Labor Loses Bid For Voice In Car Output Control
Washington dispatch reports labor lost its bid to share in directing the automotive war production program. The five five labor-management panel failed to agree on authority and was replaced by a six member group that will make recommendations to the OPM. Labor leaders say the new setup weakens labor voice and risks a slow conversion to war production, while management cites a return to business as usual.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
OPM
Edsel Ford
C. C. Carlton
The
Motor Wheel Corp
C. E. Wilson
General Motors
Wilson
America
R. J. Thomas
United Auto Workers
CIO
Mr. Thomas
George F. Addes
Walter P. Reuther
Richard T. Frankensteen
Rich E. Rei
Richman Brothers Raise Prices On Clothing
Richman Brothers announces a price increase of two dollars on both lines of clothing to take effect Monday, setting prices at 24.50 and 29.50. The firm cites a general market rise since last September and notes the restraint of two garments per customer until Monday.
MENTIONED IN THIS ARTICLE
Richman Brothers Clothing
Also Mentioned on This Page
O& Asked
Merrill Lynch
Pierce, Enner & Beane
Merrill Lynch, Pierce, Fenner & Beane
Belden Brick
Canton Stamp & Enamel
Canton Drop Forge
Canton Hardware Co
Canton Mortgage Loan
Court Square
Diamond Cement Diebold Safe
Ome Savings
Moock Electric
Ohio Finance Co
Ohio Edison
Ohio Public Service
Qhin Power
Bon Amy Coq
Raymond P cx
Corn Exch Bank
Maytag Co
Westvaco Chlorine
Port Gas & Coke
Century
Pierce, Penner & Beane
Alaska
Paramount
Allied Stores
Penn
Amer Can
el Pwr & L
Car & Fady
Freeport
Phelps Dodge
Phillips Pete
Amer Loco
Gen Foods
M Radiator
Gen Motors
Roll Mis
Gen
Radio Corp
Smelt & R
Glidden
Repab Steel
Sug Ref
Goodyear
Reynolds Metals
RS Am Tel & Tel
Graham Paige
Reynolds
Gt North
Savage Arms
Viscose
Greyhound
Socony
Vac Atchison
Homestake
Soa Pacific
Atlantic
Illinois Centeat Harvester Southern
Aviation Corp
Int Nickel
Barnsdall A
Sperry Corp
Bendix
US Rubber
Corwlrth & So
Natl Acme
US Steel
Consol Aircraft
Nat Biscuit
US Steel Pid
Consol Edison
Natl Dair Pr
Warner Bros
Consol Oil
Natl Stee Western Union
Container Corp
NY Central
West’house
Elec
Contan
North American
Crucible Steel
Woolworth Cub Am Sugar
Ohio Oil Oy
Youngst S
Curtiss Wright Ss
Otis Steel
del & Hudson M
Owens Ilis Glass
Indus
Packard
Pan Am Airways
Tras
Broilers
Roosters
Ducks
Geese
Eno Funes
W. Tuscara
Government Ledger
S Press
Dairymen
D&s
C. Ofc
Sentimen
Bricker
PTA
Stirling V.W.T
Detroit
Ingersoll-Rand
C.F
Erie City
Stirling Water Tube
Hetz Construction Company
Warren, Ohio
G. W. Jones
Bank On Business
First Committee
Richman
Federal Savings & Loan Insurance Corporation
R. M. Martin
W.N. Frederick
Tusc
St. W
Canton, O. S. Corner
Cleveland & Tusc
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