Utility Stocks Popular in Short Session
In a brief trading session utility shares drew buyers with gains led by prominent issues. Market watchers cited steady demand and steady support from institutional players as utilities posted notable closes.
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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Oct 16, 1944
Page
5
In a brief trading session utility shares drew buyers with gains led by prominent issues. Market watchers cited steady demand and steady support from institutional players as utilities posted notable closes.
New York October market report shows steady flour with patents and granulated types priced near 3.25 to 3.83 per 100 pounds, rye flour steady, buckwheat quoted, feed steady. Eggs at 18258 receipts firm. butter prices set by Creamery association with creamery premiums, cheese with no quotes, poultry prices mostly unchanged for dressed and live birds.
Foster and Adams report list of company quotes with varied highs lows and closes. Several firms including AmerDynamid, Am Ger Elec, Cities Service, and Imperial Off appear alongside gas and oil interests and transportation names with fractional yields and share values.
Mechanicville city council passed the semi monthly resolution on tax collection and discussed traffic enforcement. Mayor Eckerson and officials indicated plans to tighten enforcement and implement a program before the next meeting.
A 1944 radio schedule details a farmers market segment listing produce and pricing for tomatoes peppers cauliflower cabbage onions spinach and more. The guide notes voice programs from multiple stations with nutritional and market mentions, and a mix of farm goods and broadcast shows.
Initial trading showed modest gains and losses across major issues as Western Union and G&S faced scrutiny over restructuring. Key players included Consolidated Edison Columbia Gas and National Power with Santa Fe Sears Roebuck and Westinghouse showing resistance. bonds and commodities moved with the market as investors weighed earnings and dividend prospects.
St Luke's Episcopal Church officiated and a burial followed at Hudson View Cemetery. Navy seamen Anthony Smaldone and Richard Paulos returned to base after visiting family. Mise Lillian Collins visits from Saratoga Springs. The Senior Dante Club plans a social at the Sons of Italy on Monday with program and refreshments. Mechenicville Lodge to honor Elks leaders on Wednesday. Several residents attended the Grand Chapter convention in New York City. Community Club hosts Columbus Day social. upcoming Halloween event slated. Angelo DeCrescesti urges leaves be burned only where prohibited to protect pavements.
Local notes report 4H Girls units to meet this evening at 7 pm under the guidance of Lil Yan Gries. Visitors include Mrs and Mrs Arthur Heberlein of New Jersey staying with her mother Mrs A Bloom. Emma Toffery of Est Greenbush spent a weekend with cousin Mrs Edward Palmer. Kenneth Cummings and family hosted guests David Groas, Toomas Harrison. Sergeant Benjamin F Pratt Jr of the Aisline Corps heads to North Carolina after furlough.
Washington reports servicemen are placing large sums into War Bonds through monthly allotments and cash purchases. Army and Navy totals reach about 28.0 million and 13.0 million respectively, with common bonds at 25 or 1875 per 623. The new 7.50 dollar bond can be bought in one payment, aiding savings and inflation control. Bonds are sent home or held by Federal Reserve banks if the service member is overseas.
The Ladies Guild of the First Baptist Church will meet tomorrow evening at Mrs. Serah Clark's home with Mrs Donald Borat in charge of devotionals. A joint business meeting of the Women's Society of Christian Service and the Young Ladies' Auxiliary of Crescent Methodist is set for Wednesday evening. C. S. Hawley Chemical Company hosts a dance Wednesday evening with EZ Rhythm Orchestra of Troy. Crescent Methodist Church plans its annual chicken supper Wednesday Oct 25 at 5 30 PM. Bro Vernon Shear and Mrs Herbert Steenburg cochair the committee. Neighbor Night was observed at Halfmoon Grange Tuesday evening.
The readable lines show Jay Minchar presiding over a gathering with mentions of Kanane Valley Pomona Halfmoon Granges and a hospitality committee. Details are garbled referencing masters, a literary service, and food provisions with unclear roles.
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