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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Aug 29, 1950
Page
7
USDA market notes show cattle 400 head with limited sales and prices from about 21 to 34 dollars. Hogs 500 head with mixed loads and declines for barrows and gilts, sows steady. weights range from 120 to 500 pounds with prices mainly in the 19 to 26 dollar zone. Sheep light and nominally steady.
The New York stock market gained ground with weights like steels and motors posting fractional gains and other sectors advancing beyond one dollar. Large blocks moved, including 4500 Socony Vacuum shares, as U S Steel Bethlehem Steel Santa Fe Southern Railway and General Motors led a broad list. Bond market stayed mixed and quiet with government issues weaker overall.
Agriculture Department quotations show U S Grade A extra large at 46 cents and large at 44 cents while medium runs 36 cents. No 1 quality producers’ farms receive 22 cents for leghorns and various broilers and turkeys price from 10 to 38 cents per pound.
Daily corrected market list shows corn meal white and yellow priced to 5 lb bag or 10 lb units, wheat moisture content at 14 percent, No 2 old yellow corn, new barley, various feeds including egg mash and broiler mash, cracked corn per 100 lb bag, mixed feed, and wholesale butter and lard with futures quotes for butter and lard across months.
Small price changes marked the opening in Chicago grains. Wheat prices ranged from 2.24 to 2.30 for Sep to May delivery, Corn showed 1.45 to 1.53, Oats varied around 0.77 to 0.79, Rye traded 1.37 to 1.48, Soybeans moved from 2.49 to 2.55, and Lard quotes stood at 14.32 to 14.75 for the nearby months.
Tokyo reports Chinese Communists accuse American planes of strafing three Manchurian villages near the Korean border and conducting a reconnaissance over a fourth. A Far East Air Forces spokesman denied any U S aircraft over Manchuria. Chou En Lai seeks UN action and punishment for those responsible.
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