Market Advances with Leading Quotations and Highs
Market movements show a continued rise led by several stocks after a strong session. Opening activity was brisk, then pacing slowed but with solid volume. Profit taking appeared in select areas as prices surged following John L. Lewis ordering miners back to work. Notable gainers included Illinois Central Santa Fe Southern Pacific Union Pacific Rock Island General Motors U S Rubber Douglas Aircraft Philco Kennecott Cooper Allied Chemical Eastman Kodak American Can Westinghouse International Paper Standard Oil NJ Celotex.
MENTIONED IN THIS ARTICLE
John L. Lewis
Illinois
Central
Santa Fe
Southern Pacific
Union Pacific
Rock Island
General Motors
U. S. Rubber
Douglas Aircraft Philco
Kennecott Cooper
Allied Chemical
Eastman Kodak
American Can
Westinghouse Electric
International Paper
Standard Oil
Celotex
Livestock Market Reports from Chicago and Baltimore
Salable hogs 10000 pounds with 180-270 pound ranges 15.50-16.50, sows under 450 pounds 13-14, cattle 1000 head with mixed steers and heifers around 35.50, vealers 26, sheep 500 head with fed lambs quotable at 23.25. Baltimore trade steady to unchanged with hogs 16.75-17, calves 28-32, sheep steady near 25.50, apples and poultry receipts light and prices listed for various sizes and grades.
MENTIONED IN THIS ARTICLE
Chicago
Baltimore
Bu Bas & Eastern
Usis
N. J
Winchester area egg and poultry price report
Agriculture Dept prices show U S Grade A extra large at 5 27, Grade A large 42, Grade A medium 39, Grade B 38, No 1 quality fob producer's farms with heavy breed hens at 20 and heavy cox leghorn hens to 20. Leghorn broilers and young poultry prices listed. young turkeys and other fowl priced. figures reflect dressing plant payments in Winchester area.
MENTIONED IN THIS ARTICLE
Winchester
U. S
Ceeska
Chicago Grains Open Firm As Oats Lead Profit Taking
Chicago grains opened firm with oats the sole downside as traders booked profits. Prices moved higher across Dec and Mar contracts for soybeans and other grains while oats and rye showed modest changes.
MENTIONED IN THIS ARTICLE
Chicago
Jly
Mississippi River Formation Timeframe
The Mississippi River as it exists today was formed during the latter part of the Ice Age, more than twenty thousand years ago. This indicates a deep prehistoric origin tied to glacial activity reshaping North American landscapes.
Dip in Gasoline Price Signals Shifts in Market Balance
A New York report notes a small regional dip in gasoline prices from a 23 year high as weather and price wars affect supply dynamics. It highlights wholesale cuts, uncertain pass-through to consumers, and a 60 million dollar Texas Co refinery shift toward higher grade gas and home heating oil as winter demand lags.
MENTIONED IN THIS ARTICLE
New York
Dec
United States
Seaboard
South
Midwest
Texas Co
Westville
N. J
Local Markets These Local Markets Are Corridors
Local markets show mixed activity with varied prices across commodities. Traders note modest gains in grains and slight declines in produce as supply levels adjust to demand.
Hastie Sworn as First Black US Circuit Judge in Third Circuit
PHILADELPHIA December 2 William H Hastie former governor of the Virgin Islands was sworn in yesterday as the first Negro judge of a U S Circuit Court of Appeals He was given an interim Third Circuit appointment by President Truman and must be confirmed by Congress Hastie the 45 year old former dean of Howard University becomes the seventh judge on the Third Circuit A Knoxville Tennessee native Hastie led the Virgin Islands for three and a half years
MENTIONED IN THIS ARTICLE
Philadelphia
William H. Hastie
Virgin Islands
U. S. Circuit Court of Appeals
Supreme Court
Hastie
Third Circuit
Truman
Congress
Howard University
Knoxville
Tenn
Johnson Cops Prize Abner Johnson Wins Wrist Watch
Abner Johnson of 118 FE. Pic Cadilly Sr. won a wrist watch for correctly identifying three songs played on the Guy Lombardo program over WINC.
MENTIONED IN THIS ARTICLE
Abner Johnson
Piccadilly Sr
Guy Lombardo
WINC
In Memoriam Snowden S Burton One Year After
In memory of Snowden S Burton who died December 2 1948 cherished husband father and grandfather. Family grieves yet holds him in their hearts. The note notes grief and faith and marks the first anniversary with love from wife children and grandchildren.
MENTIONED IN THIS ARTICLE
Snowden S. Burton
Western Frederick Bank Christmas Savings Club Enrollments
All savings checks for this year have been mailed. The bank invites enrollments and deposits for next year to join the club and continue participation. Local notice cites Western Frederick Bank.
Expenditure Waste by Federal Sources Scored by Proxy
Philadelphia December report cites Temple University president Dr. Robert L. Johnson noting the federal government wastes ten dollars to procure and process a fifty cent typewriter ribbon. He claims Hoover plan economies are only twenty percent effective, equating to about 1.25 billion dollars in annual savings. Johnson argues military branches should outfit recruits with standardized equipment.
MENTIONED IN THIS ARTICLE
Philadelphia
Temple University
Robert L. Johnson
Controllers Institute of America
Hoover
Temple Head
Army
Navy
Marine Corps
Also Mentioned on This Page
Stephens City Section
Stephens City
Bartonsville
Ridings Chapel Rd
Double Tollgate Rd
Lost Corner
Canterburg
Middle Road
Marlboro
Northern
General Electric
Es RC Wale
Pat, Miller
Anderson
E. Boscawen St
Agriculture Dept
St. Bees
Opequon Memorial Presbyterian Church
Kernstown, Va
E. Summers McGavock
Lynchburg, Va
Lionel
Lionel Scout
Ovcc
Cece Cavatcesevkt
Petro
John H. Snyder
N. Kent
Appeals Court
Johnson Cops Prize
Pine Motor Co
Edgewood
Edgewood Seafood Restaurant
Front Royal Rd
DuPont
Denier
Miss Ethel Whitacre
E. Piccadilly St
Packard
Packard Ultramatic
Valley Motor Co., Inc
Virginia
Valley Ave