Motors Gain In Market
Market notes show gains in early trading as automotive stocks rise on steady demand. Analysts cite improved and durable sales outlooks for leading automakers and supply chain optimism aiding indices.
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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Jun 29, 1944
Page
20
Market notes show gains in early trading as automotive stocks rise on steady demand. Analysts cite improved and durable sales outlooks for leading automakers and supply chain optimism aiding indices.
New York markets showed a stalemate as page trial delays and cautious trading kept prices in a narrow range. Active profit taking cooled some gains while Americas Telephone held firm and several automakers edged higher amid mixed bond and commodity movements.
The Roy M Page trial faced a temporary stalemate as opposing counsel filed motions prompting a triage of hearings. Judge Willam H Murray postponed show cause proceedings and bail rulings while Appellate Division relief was considered. Page faces a 52 count indictment for grand larceny and related counts, with defense and prosecutors citing delays and court procedural concerns.
Apparent list of farm market items with assorted prices for cabbage beans onions rhubarb asparagus radishes broccoli endive lettuce parsley turnips beets spinach cucumbers peppers eggplant tomatoes rutabagas garlic potatoes sweet potatoes bananas mushrooms onions and other items. Some entries show specific brands or firms and percentage price ranges, though many lines are garbled.
The convention erupted in a roaring display as Thomas E. Dewey secured the nomination with Bricker as his running mate. Dewey pledged a new administration and attacked the New Deal while emphasizing youth and reform. The crowd roared, Bricker spoke, and Stassen supporters concluded their bid as delegates moved to unify for the fall race.
Dewey sweeps toward nomination with Bricker as running mate amid New York and East region support. Willkie lingers as potential kingmaker while Willkie discussions see cautious reception from Dewey’s inner circle. Reconstruction of alliances intensifies as Roosevelt camp faces renewed pressure.
John FF. Noxon Jr. a lawyer charged with four counts in the electrocution of his mentally deficient son was expected to testify today after expert witnesses. Chemist Willare J. Barrett testified the shock could travel current from a faulty ignition cord and reach the boy's body, while defense experts suggested alternate routes and timing for the fatal current.
Two women were injured yesterday when a dustmobile driven by Walter Carr of Saratoga Springs wedged between the gates at the Van Dam Street crossing of the Delaware and Hudson Haistad. Gate tender Arthur Nolly tottered the gates as the car halted on the tracks. Mrs Carr and Mrs Theresa Vogel received lacerations and bruises and were treated at Saratoga Hospital.
The Troy Record lists garden highlights from Gardens on Page Eleven with marigold edging and beets thriving in acidic soil. Local gardeners report beet struggles due to soil pH while Joseph Fahrenkopf of 45 Roselawn Avenue notes New Zealand spinach as a prolific, spreading variety. The paper announces a garden contest across Troy and nearby towns with multiple prize levels including War Bonds and War Stamps, urging entries before June 36.
A Dag Nyheter correspondent reports rumors that Gen Eduard Diet commander of German divisions in Finland was killed in an airplane crash with no confirmation from Bezier.
The War Production Board released yards of inlot parachute cloth deemed unsuitable for air force use. The material may be used for clothing such as pants shirts slips and dresses rather than hose.
A well known Washington County nurse, Miss Mulligan, has enlisted in the Army Nurse Corps. She will report to the Army hospital system and was granted leave of absence by the county nurse corps and the Board of Supervisory. A party in her honor was held at Hearthstone Park, with Washington County nurses in attendance.
The Office of Price Administration reestablishes ration values for canned peas and tomatoes effective Sunday. Peas return with five points per No 2 can while asparagus is set at ten points. Other vegetables previously rationed free include green and wax beans beets carrots corn spinach and leafy greens.
Southeast Asia Command reports Chinese forces seized Slogaung and drive six miles east toward Myitkyina, capturing Namu as Allied losses mount. Allied tally through May 3 shows 6 000 killed or missing and 13 000 wounded. Japanese losses about 21 700 dead and 20 000 wounded in Surma Indian theater.
Gertrude B Happs pupils will present a song recital at the First Baptist Church of Cohoes tomorrow at 3 p m The program includes Eleanor Sapp Joan Brown Theresa Athann Katherine Brown and others with Evelyn Johnson Eleanor Happ and Mrs Stanley on piano The event also notes Mrs Michael Sweeney and daughter from Rochester visiting Green Island before returning home.
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