New York Stocks Rise As Oils Lead Market Advance
Lower priced issues rallied with oils up 1 to over 6 points and Richfield near a 6 point intraday gain. Ralls strong. Pepsi-Cola slides about a point. Central of New Jersey and other stocks wobble. Bond gains lead as Mahaffie Act readjustment looms. Jersey Central court matter cited.
MENTIONED IN THIS ARTICLE
New York
William D. Horgan
Ralls
Richfield
Sinclair
St. Paul Common
Southern Pacific
Union Pacific
American Woolen
Chrysler
Goodrich
Douglas Aircraft
Electric Power & Yardt
General Electric
Montgomery Ward
Pepsi-Cola
American Can
Paramount Pictures
Central
N. J
Kaiser-Frazer
Curb
Salt Dome
Kirby
Central of Jersey
Jersey Central
Interstate Commerce Commission
Packer Hog Market Reports Slaughter and Fruit Prices
Thomasville Georgia June 21 1948 USDA receipts at Albany Columbus Moultrie Thomasville Tifton Dothan Tallahassee Dade Jacksonville market shows hogs 1050 cattle 425 calves 225 with barrows and gilts 24.00 24.50 and various weights 21.50 23.75. cattle weakness in tri state area with good steers 27.00 30.50 and common cows 15.00 17.50. Atlanta fruit and vegetables market notes heavy watermelons cantaloupes peaches and okra with prices from 0.50 to 5.50 per basket and per bushel. Savannah turpentine and rosin markets listed with quotes and activity.
MENTIONED IN THIS ARTICLE
Thomasville
USDA
Albany
Columbus
Moultrie
Tifton
Dothan
Ala
Jacksonville
Tallahassee
Florida
Tri-State
Fruit & Vegetable Market
Atlanta
Georgia
Alabama
South Carolina
North Carolina
Stassen and Taft clash over party race details
Stassen reports positive support from Arizona and Montana delegations and rejects any combination with Taft to block Dewey. Taft forecasts four or five ballots to nominate, expects ~300 votes on the first ballot, and notes attendance with Massachusetts and Montana delegates while declining progress details.
MENTIONED IN THIS ARTICLE
Stassen
Arizona
Montana
Taft
Dewey
D48
Massachusetts
Weather Drives Quiet Trade on Chicago Grain Board
Chicago wheat, corn, and oats trades showed limited activity as rains spread across the wheat southwest and midwest corn belt. Wheat finished percent lower, July at 2.31 and corn about percent lower, July 2.207a, oats were unchanged to percent lower, with no soybeans traded.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Midwest
Cotton futures rise on foreign aid and weather signals
New Orleans and New York cotton futures climbed as buyers covered shorts and traders speculated on export demand under a $150 million revolving fund for government purchases. Prices gained 0.63 to 1.20 a bale late trading, with July, October and December contracts higher. North Georgia live poultry market opened weak with prices down to 44 cents. growers held firm against low bids amid ample farm supplies and slowing demand.
MENTIONED IN THIS ARTICLE
New Orleans
En Orleans
New York
Cotion
Texas
Oklahoma
North Georgia
Atlanta
USDA
Costa Rica Allocates Large Share to Education
Costa Rica spends nearly 15 percent of its national income on education, highlighting strong public commitment to learning. The figure reflects policymakers prioritizing schooling and human capital development.
MENTIONED IN THIS ARTICLE
Costa Rica
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By Roy Crane