Market Shows Slow Improvement
New York markets edged higher in a sluggish session with mixed breadth. The stock market recovered modestly after a prior sell-off, but volumes remained light and transfers totaled 482 530 shares versus 719 000.
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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Aug 25, 1943
Page
12
New York markets edged higher in a sluggish session with mixed breadth. The stock market recovered modestly after a prior sell-off, but volumes remained light and transfers totaled 482 530 shares versus 719 000.
Foster and Adams provide a brief stock market quotation overview listing high, low, and close figures for key ticker symbols. The note highlights market directions and notable shifts in prices during the trading period.
From New York August 24, market notes show steady flour and rye prices with weak to strong shifts across grains. Wheat and corn futures drift as European tensions and war news influence sentiment. stocks edge up in blue chip names while feed, butter, and poultry prices hold firm or ease slightly.
Nearly all tickets for the premiere of This is the Army at Proctor’s Theater tomorrow evening are spoken for in blocks to Troy businesses and organizations. Only individual tickets remain at Chamber of Commerce offices, priced at 3 dollars, with proceeds aiding Army Emergency Relief. A parade precedes the show at 8 p.m. led by Maj. Kendall and featuring veterans groups, military units, and Watervliet Arsenal bands.
Abrupt Army termination of cotton socks contracts creates confusion in the Troy Albany Schenectady area as mills await official disposal plans for undelivered balances and yarns. Some mills book civilian orders for September and October while government and military officials prepare disposition details within days.
Whitney Martin reports Henry Armstrong will fight Ray Robinson at Madison Square Garden Friday night. Manager George Moore says Armstrong’s 75 percent of his prime and punch power remain, but aging shows in speed. Armstrong has earned about 500000 in 26 comeback bouts and plans to retire January 1 after possibly facing an undisputed lightweight champion.
Vandalia Ohio reports the 44th Grand American trapshooting meet reduced to three days and 500 targets due to rationing. Entries arrive from across the United States Canada Cubs and Canal Zone with service members among the practicing participants. Notable contenders include Capt D Braun and Staff Sgt Dick Shaughnessy of Laredo Texas and the Great Lakes Naval Training Base, plus Capt Joe Hiestand of Buckingham Army Air Base and Sergt Mercer Tenilie of Tyndall Field Florida.
Hundreds braved threatening skies to welcome the Saratoga County Fair at Ballston Spa as 4-H exhibits lead the largest fair ever with 500 plus entries of produce. Girls display needlework and handicraft while harness racing, band concerts, midway and vaudeville fill the four day program with daily canning and food preservation demonstrations.
Palestine Chapter Order of the Eastern Star invited to the formal presentation of five ambulances from the Order of the Eastern Star of New York State to the Army. The event, Friday at 2 pm in Masonic Hall New York City, announced by Worthy Matron Emma A LeMay. Grand Matron Jessie M Willshaw to present, received by Col. Ralph G DeVoe Halloran General Hospital Staten Island.
Cohoes Owls manager Vincent Magnano reports the team seeks another game with the Trojans after a late-night collision at Catholic High Field. Aaron Baum of Brooklyn suffered a cut right shoulder in a near-Hawthorne Springs incident, and Dewey J. Shippey of Saratoga Springs reportedly struck Baum’s car and left the scene.
Guy Crippen of West Allis Wis yesterday steered four winners in the Grand Circuit at State Fair Park Milwaukee. Valo Tompkin owned by Pat Chantelois of Iron River won the featured State Director of Agriculture Stake by sweeping heats. The Pike driven by 82 year old G Loomis owned by F Benfield won the first heat of the 2:14 pace. Crippen also guided Parisienne to a straight heat win in the 2:26 trot and won the Wisconsin two year old trot and three year old pace Wisconsin jackpots.
Four leading players Seymour Greenberg Jim Evert George Ball and Bob Oolman will appear in exhibition matches at Schroon Lake today and tomorrow as warm ups for the National Championships at Forest Hills on September 1. Greenberg is the National Clay Court Champion Evert a former National junior indoor titleholder Ball ex Captain Northwestern and current Texas State Champion Oolman of Washington is Eastern intercollegiate king.
Bear Mountain reports say holdovers from last year in the New York Giants camp increased to 12 with Leland Shaffer veteran blocking back making a surprise appearance. Drake guard Gar…Mienhoff, 200 pounds, also reported, boosting rookies to 27. Bill McCain and Henry Nelson are due after all star game in Chicago tonight.
Israel A. Horowitz of the Manhattan Chess Club New York City defended the New York State Chess Association title yesterday in Syracuse. He also won the open U S Chess Federation championship at the joint meeting and drew 40 moves with Anthony San itasiere. In the final round Horowitz clinched the state crown last year at Cazenovia. Paul G. Giers of Syracuse named secretary to succeed Ernest Olfe. Mrs Carl S Nye of Syracuse becomes state association president.
Ten thousand soldiers and guests witnessed Joe Louis train in three exhibition rounds at Fort George G. Meade Maryland. The event drew the largest post crowd to date as Louis preps for an overseas tour. Sergeant Lovie sparred two rounds with Sergeant George Nicholson and the champ then boxed another round with First Sergeant George.
Former professional fighter Johnson to start tour in Boston at month end. Post Commander Col. Wood notes rising concerns as pilot air pressure suite used at altitudes beyond 56 000 feet.
The Brooklyn Dodgers announced contracts with veteran backs Pug Manders and Dean McAdams, two holdovers for the coming season. They also said they acquired linemen Red Conkright, Jake Fawcett, Tex Mooney from Cleveland and ends Gene Hodge and Ray Wehbda from the Los Angeles Bulldogs.
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