Market summary shows stocks fall despite positive business outlook
New York stocks closed lower as traders weighed tax, foreign aid, and military readiness uncertainties. Grain futures rose amid demand, while hogs fell sharply and other commodities and major shares varied. Dow averages declined with bond activity subdued and volume around 830,000 shares.
MENTIONED IN THIS ARTICLE
General Electric Company
Herbert Smith
U. S. Rubber Co
Louis 8. Cates
Phelps Dodge
LeRoy A. Grumman
Grumman Aircraft Engineering Corp
Wall Street
United Kingdom
Amerada Corp
Norfolk
Western
Nickel Plate
American Can
U. S. Steel
Standard
N. J
du Pont
American Telephone
General Electric
Santa Fe
Farnsworth Television
Radio
Chrysler
American Smelting
General Motors
Woolworth
Dow Jones
Ogden Livestock Report Prices Dip Amid Mixed Demand
Livestock market notes slow opening trade with cattle mostly trading in small lots. Veal and fed steers show firm to higher values for Monday runs with grain fed steers 23.60 to 24.50 and fed heifers 23.25 to 23.40. Hogs easing with butcher prices down 50 cents and sows steady to weak across weight classes. Sheep light, with lambs and ewes weak to unevenly lower as buyers show cautious demand.
MENTIONED IN THIS ARTICLE
Ogden
May Wheat Rides Upward on Renewed Demand Signals
Chicago wheat futures led a broad grains rally as May contracts surged and nearby grains followed higher. Corn, oats, rye, and soybeans gained on firming prices and short covering amid reports the government reentered the market to buy flour for Pacific Coast export.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Kansas City
Chicago Produce Market Report Live Poultry Prices
CHICAGO UP Produce. Live Poultry 16 trucks. Market unsettled. Hens colored 38 leghorns 30. Fry ers colored 31 grey crosses 33 Springs colored 38. Cheese Twins 30 32 percent. Single Daisies 33 3449. Longhorn 33 345 percent. Processed loaf 3342 36 Swiss 55 59. Butter 840 298 pounds. Market steady. Scores 93 59 cents lb 92 58 4 90 57 34 89 57 4. Carrots 90 58 89 57 14. Eggs 16921 cases brown and whites. Market steady Extras 70.
MENTIONED IN THIS ARTICLE
Chicago
Utah Weather Turning Showery Late Day
Partly cloudy conditions in Utah with late afternoon and evening showers. Cooler highs reach 60 to 70 degrees with overnight lows 40 to 50.
MENTIONED IN THIS ARTICLE
United Press
Utah
Idaho
Boise
Fathers Night at Roosevelt PTA Meeting
Regular Roosevelt PTA meeting Wednesday features a Fathers Night with fathers serving on the program. Elwin Terry heads the fathers committee. After the meeting a study group led by Mrs Earl Chantree will discuss Sex Understanding.
MENTIONED IN THIS ARTICLE
Roosevelt Pta
Elwin Terry
Earl Chantree
Young Baker Dale Coons Aims For Culinary Fame
Fourteen year old Dale Coons of Mesa Arizona rose to prominence by winning 17 blue ribbons and a Mesa fair first with date bread. He says his secret is simply always following recipes and dreams of becoming a hotel chef, while his mother swept up ribbons years ago.
MENTIONED IN THIS ARTICLE
Dale Coons
Phoenix
Ariz
NEA
Dale
Mesa
Bodies recovered search along Clearwater river move forward
Residents along the Clearwater river were asked to help search for the bodies of two teenage brothers drowned when their rowboat capsized near Elk creek at the river mouth. The victims were Robert and Pat McLendon, ages 17 and 14.
MENTIONED IN THIS ARTICLE
Ahsaka
Ida
Clearwater
Robert
Pat McLendon
Elk Creek
Railroad Funding Plan Turned Down
A three man panel of the Interstate Commerce Commission rejected a proposed reorganization plan for the Wyoming Railway Co as impracticable. The Wyoming system operates about 281 miles of track in Wyoming and had said it could not meet its debts, later entering bankruptcy.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Wyoming Railway Co
Wyoming
Radio Schedule Highlights Across Multiple Stations
A dense list of Wednesday programs from KEIO KC KSEI and others details daily lineups. Includes Hoosier Hot Shots Sagebrush Serenade Intermountain News The Kenny Baker Show Baseball Interview Animal World and 1440 Club segments along with news summaries and sign offs.
MENTIONED IN THIS ARTICLE
Intermountain
Kenny Baker
Welcome Travelers
Animal World
H. V Kaltenborn
Wayne King
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Bugs
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Martin Agronsky
Ted Malone
Galen Drake
P.M
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the Record Shop
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Yukor
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Fred Waring
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Hammond
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Blondie
Melody Mart
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Isle of Paradise
Voice of the Army
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Keyy
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