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Winchester Evening Star in Winchester, Virginia

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Newspaper

Winchester Evening Star

Location

Winchester, Virginia, United States of America

Date

Aug 28, 1947

Page

3

Venture capital need stressed by Bunting

Leesburg August 28 The nation’s tax system emasculating our economy must be revised to free venture capital says Marl Bunting of Winchester a former manufacturer speaking to Rotary. He says venture capital can create jobs higher wages and more purchasing power but taxes drain savings and consumption. He warns wealthier incomes provide the only route to capital and urges reform to keep the economy strong.

Leesburg Marl Bunting Winchester Rotary Paarture Capital Bunting Bureau of Labor Statistics

Bunting cites savings and tax reforms as key to prosperity

Mr. Bunting argues national unity and tax law revision are essential to capital formation for future production and employment. He stresses that accumulating savings is the most important factor for sustained employment and prosperity, noting America’s history shows capital investment drives growth.

National Unity Bunting America

Local Market Prices and Grain Quotes From Star Listing

The Star lists corrected daily local market prices for flour corn and corn meal by bag weight and color, plus new wheat moisture adjusted quotes and wholesale butter figures. Also included are feeds such as egg mash cracked corn and turkey grower starter with various moisture and pricing notes for city delivery.

Agriculture Dept Markets Division Edge Prices Reported

Prices paid in Winchester area by Federal State graded eggs and live poultry markets. Egg prices list U S Grade A extra large 61 per dozen, large 39, medium 53, B large 49, pullets 35, trades 39. Poultry prices include No 1 quality heavy breed broilers at 32 34 per pound, Leghorns 20 21 2 per pound, old roosters 12 13 per pound. Turkeys Young toms 22 per pound. Young hens under 18 lbs. Guinea broilers 50 cents per pound.

Winchester U. S

Grain market opens with mixed trends in Chicago

Chicago grain opening shows wheat steady while corn and oats slip slightly. Closing figures list early Sep and Dec prices for wheat at 2.51 and 2.50, corn around 2.41 and 2.23 3-4, oats near 1.09 1-4 and 1.07 with July at 0.93 1-2.

Chicago Oates

Commanded Olympia at Manila Bay by Captain Gridley

Captain Charles Vernon Gridley commanded the Olympia, flagship of Admiral Dewey, during the Battle of Manila Bay on May 1.

Olympia Manila Bay MBS. A Charles Vernon Gridley Dewey

Market Quotations Livestock and Produce Markets

Baltimore market notes show steady produce demand with varied prices for apples eggs and poultry. Cattle hogs calves and sheep traded higher or steady with buyers active and receipts moderate, while Chicago and Baltimore hogs and cattle led gains across multiple weights.

Livestock Prices and Stock Notes From Local Market

Weights over 330 lb scarce sows under 350 to 25. 350-400 22-23.75. 400-450 21-22.50. heavier to 550 Ib. Salable cattle 5,500. calves 600. fed steers and heifers steady with top at 34.50 for 1,261 lb. Yearlings 33.50. most steers and yearlings 28-34.25. good to low choice heifers 25.50-28.50. choice mixed steers and heifers to 32.25. Cows steady to 25 cents higher. cutters 14 down. beef cows 15-18 cents higher. Heavy sausage of good to 21 and above. bulls 19.50. vealers steady at 24.50 average, mostly 24. Stock cattle scarce and firm.

Baltimore N. Y Duchess Chicago

Stock Market Leads Cautious Rally Amid Holiday Silence

A handful of stock leaders rose while many issues struggled for bids as the long holiday mood restrained activity. Positive dividends supported some gains for American Agricultural Chemical, Pacific Telephone, Johns Manville, Macy, Southern Pacific, General Motors, Kennecott, and others, with lingering doubts about exports and domestic business.

New York American Agricultural Chemical Pacific Telephone Johns Manville Macy Southern Pacific General Motors Kennecott

Also Mentioned on This Page

Hess Doan Ema Republic ME Berryville Ave M. M. Adams Gevaert N. Braddock ST N. Kent St The Star Agriculture Dept. Markets Division Chicago Grain Charlotte Jarenko Shirley Ashland Illinois Kenny Foundation Sister Kenny Institute Minneapolis International Soundphoto Younsstown Stock Market Reports Billy Shenandoah Valley National Bank Member Federal Deposit Insurance Corporation Gcrade
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