Profit Taking Nicks Market At Start
A brief market note reports early profit taking influencing stock activity as traders react to initial trading, with modest turnover and prices edging lower at the opening session.
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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
May 07, 1943
Page
32
A brief market note reports early profit taking influencing stock activity as traders react to initial trading, with modest turnover and prices edging lower at the opening session.
New York stocks softened early under profit taking then firmed late with gains in rails motors oils and specialties. Total volume 2 078 020 shares. New year highs led by Canadian Pacific Atlantic Coast Line General Motors Standard Oil and American Airlines among others. Wheat and cotton moved modestly while bonds held steady.
New York produce market shows no sales or price changes for roast ers, irsers and broilers. Prices for crosses reds and leghorn remain firm with live freight terms noted.
Frank Linda, on a ten day furlough, has returned to his base at Greenville D C Army Air Field after being advanced to corporal. His wife is the former Miss Jane Hotchkis of Loudon Road.
Three wills admitted to probate by Judge Edward J. Donohue in Surrogate Court. administrations granted on two estates. Brashear estate valued over $5,000 real and $5,000 personal with specific bequests to non-relatives and widow in trust. White estate $2,226.56 split between son and daughter. Coonradt estate to husband. Porter estate to 20 cousins. Sharpe estate to widow. Attorneys: Dick and Poskenter for Brashear. Edward A. Mealy for White. James W. Smith for Coonradt. Hyman Rosenblum for Porter. Joseph E. Walsh for Sharpe.
Detroit traffic judge George T. Murphy convicted John Detioff of driving while intoxicated and sentenced him to twenty days in the county jail, where he is employed as a janitor. The ruling ensures he will be at the job site during his incarceration.
Chicago based Montgomery Ward & Co reports April sales of 60,655,825 dollars, up 33 percent from 1942. For the three months ending April 20, sales totaled 154,291,784 dollars, up 1.9 percent from 151,429,627 dollars in the same 1942 period.
Spring cleaning takes on a wartime twist as readers are urged to overhaul every item to extend use while scarce materials are redirected to war work. Advice covers alternatives to metal dust pans and wash tubs, patching leaks, conserving ammonia and sponges, and choosing brushes and vacuum cleaners amid shortages and ongoing imports.
The text advises readers to improvise cleaning tools if lacking a vacuum or carpet sweeper. It suggests using a broom and even making a mop from a stick, rags, or light rope, noting there are plenty of mops but practical options exist if scarce.
A historic note on raincoats rising from utilitarian outerwear to a stylish essential. The piece highlights lightweight, water repellent fabrics, new plastic linings, and varied colors from white to greens and blues. It also mentions matching hoods and splasher spats as popular accessories among youth and urban shoppers.
A health note urges eating more rather than stressing food quality, recommending milk as a simple aid. Margaret Harris promotes a nightly glass of milk, claiming it boosted her weight and appetite. The piece notes milk between meals and before bed can help weight gain, and advises consulting a physician if weight loss is sudden.
Mill manager J. J. OConnell praises women workers at Turkey Pond and Potlatch mills as national labor demand shifts wartime. Forty women at Potlatch replace lumberjacks, operating saws and multiple tasks, boosting production past the decade’s record pace with 1942 output over one million board feet.
The first race features a $1000 purse for claimers four years old and up, six furlongs with Baran Linn at 118 and Flying Bon 111 among entries. The card includes nine races with purses ranging from $1000 to $1200 and multiple entries listed for claiming and allowances, starting first post at 2:30 pm.
Staff correspondence reports a GOP patronage push in upstate New York with Browne naming Miss Mary Goode Krone to head the commodities tax bureau. Gov Dewey adds non salaried boards including Oswego widow Mrs Conway. Other hires boost GOP influence and potential upcoming appointments to high posts. Bath on the Hudson church renames to Broadway Methodist Church in a county clerk filing.
The Albany Episcopal Diocese convention adopted a resolution denouncing religious persecution as state policy or as a tool by any religious body. It also deplored boycotts for religious or political purposes, urging adherence to the Golden Rule.
Members of the Troy Hospital Alumnae Association will receive Holy Communion at the 8:30 a.m. Mass in the hospital chapel Sunday in remembrance of Mothers Day. Wartime restrictions prevent the usual communion breakfast, announced President Genevieve Leonard.
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