Steels Halt Downward Stock Trend
The stock market stabilized as steel shares halted a downward drift amid mixed trading. Foster and Adamin, high court officials, noted this pause in market activity and signaled cautious optimism for early gains.
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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Jan 30, 1946
Page
7
The stock market stabilized as steel shares halted a downward drift amid mixed trading. Foster and Adamin, high court officials, noted this pause in market activity and signaled cautious optimism for early gains.
A detailed listing shows steady flour prices for spring patent and various rye, cornmeal, and butter price points. It notes standard wholesale prices, creamery targets, and subsidy effects, with numerous brand names and corporate entries referenced among mixed goods pricing.
A reader letter discusses labor leadership guiding workers away from employers and toward strikes. It questions the influence of communism and radicals on unions, naming figures like Michael Quill and Gerald L. Smith, and contrasts U S labor dynamics with France under socialist-communist interim rule.
The New York stock market closed mixed after a choppy session with uneven gains in key shares and widespread selling near the close. Major movers included Bethlehem Steel, U S Steel, Republic Steel, General Motors, Packard, Santa Fe, Du Pont, Goodyear and International Harvester, while American Woolen and North American briefly lagged as volume approached 2,000 shares.
Tenants in the OPA area should promptly report eviction notices to the Area Agent Office UF State Steal. Landlords must notify the area and may need a certificate of eviction with a possible six month waiting period. Veterans may have housing exceptions and reduced waiting periods if occupying their home.
Amid reports of power plays in Italy and Communist influence, New York figures like Michael J. Quill warn of political paralysis. The piece notes school maintenance strikes, leftist factions, and calls for central government action to curb radical power, with quotes from Dr. Paul Joseph Goethals on the era's rhetoric.
The Production and Marketing Administration of the U S Department of Agriculture designates February plentiful foods. The list includes cereals, turkey, cabbage, white potatoes, eggs, canned vegetables, and fruit. The note promises good supply at kitchens nationwide.
War procurement records reveal sprawl over pricing for 5000 batteries sought by International Latex Corp. Spanel's Rubber and Master Tire firms supplied cost estimates. Army ratings showed International priced high, Anderson lower, with overheads and profits detailed. Browning quit for International, while congressional probes followed.
A dense listing of radio programs and hosts across stations and times. Names include Tom Brennentay Evelyn J. Stall Cameron, John B. Kennedy, Jordan Tred, and Harry Cameron with multiple shows from morning to noon.
Fragmented item discusses May wartime policy shifts, UNRRA horse purchases, and agriculture department pricing disputes. References Mussolini Ethiopia and foreign purchases, with notes on officials, rail shipments, and veterans’ issues. Strong entities include UNRRA, Department of Agriculture, Mussolini, and Washington actors. The piece is a partial summary of postwar priorities and political friction.
National Council official Thoms G. Pullen advocates uniform safety and restraint standards to cut costs and improve reliability. Maryland already codes duration rules. states estimate 49 000 new school buses needed postwar. adoption by 48 states could unify safety features and lower prices.
Madleon Wily of Bellar lab directs the National Center for Bee Culture, aided by the Federal Department of Agriculture and University of Washington, to advance artificial insemination in bees. New techniques show queens mating with artificially inseminated drones may improve yields and hive health, though cost limits widespread use.
Hurley establishes a combined Union Auxiliary Army and Navy unit with officers and past commanders named. Key figures include Walter Lutz, Warren Funtan, Charley G. Maloy, Wilkie Spurley, Atherton Poole, John Sullivan, Albert R. Reid, Clifford Wil and Saints Brehan, plus Mrs Hazel Hill and Mrs Julie Kues overseeing post activities and awards.
The document reports a fire district board adopting a resolution for a special election on January 24 to authorize a bond issue and funding for fire protection services in Greenpoint New York. It includes the election plan, public notice requirements, and financial details such as a principal amount and annual interest, with dates, locations, and responsible officials named.
Miss Marion Dwyer of 1242 Western Avenue Arlingy died after an accident on Sunday morning when struck by a vehicle driven by Eugene Scott of Route 1 Western Ave. Police say he struck her while trying to avoid an oncoming automobile in a driveway. Funeral plans were announced.
Army Air Corps pilot sustained slight injuries when his plane failed to maintain altitude near Glens Falls last Sunday. An AT-8 aircraft from Cleveland to Stewart Field tipped on its nose after striking snow, damaging the propeller and motor. Estimated damage stood at $2,000. A Stewart Field repair crew separated the propeller and repaired the engine before the flyer resumed the journey.
Examinations for civil service posts in Fort Edward and Cambridge will be held Saturday by Washington County civil service committee. Fort Edward posting pays 2200 dollars annually. exam at First National Bank Building. Cambridge post pays 1820 dollars. exam at Are Nowse on Main Street. Keyword: shirt-off-our-back campaign.
New York reports 49 Navy film negatives from the Japanese surrender ceremony were stolen from the battleship Missouri while tied up at Bayonne New Jersey. Capt. Woodson, intelligence officer, said the 16 and 34 millimeter cameras were taken. The Navy will recover originals or copies if possible.
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