Markets Slip as Silver Drops Weighs Stocks
The New York market weakens as silver prices fade and mining shares lead declines. Freight carloadings improve per early road reports while foreign exchange shows minor gains.
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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Dec 11, 1935
Page
7
The New York market weakens as silver prices fade and mining shares lead declines. Freight carloadings improve per early road reports while foreign exchange shows minor gains.
Local markets show daily corrections with ongoing adjustments noted by The Star. Readers are urged to track price changes and market trends as analysts caution about typographical errors in summaries.
The clipping lists local oat prices by bag and per barrel for 98, 48, 24 and 12 pound bags with patent brands, plus cracked corn meal feed, egg mash, dairy feeds and creamery butter prices. Also includes miscellaneous grain items and market entries with varying per barrel and per 100 measures.
In Chicago on December 10, F. W. Peck senior bank commissioner of the Farm Credit Administration said there is no permanent place for government credit subsidies in agriculture. He spoke to the American Farm Bureau Federation as it formed policy for the coming year.
Baltimore markets show cattle steady with values from 3.50 to 12.00 for various classes. Hogs trade slow with declines. best 120-210 pounds at 10.50 to 10.75. Philadelphia reports dressed poultry and butter prices and egg case data. Chicago notes hogs, cattle, calves, sheep with varied bids and steady or weak trend across grades.
Closing grain prices across Chicago and Baltimore show Dec wheat at 96, May 95, July 89. corn Dec 58 3/4, May 59 1/2, July 60 1/4. rye Dec 47 1/2, May 50, July 50. barley Dec 40 1/2, May 43. lard Dec 12.50, Jan 12.37, Mar 12.40, May 12.30. Cash wheat No 2 mixed 1.02 and 80% soft. various No 5 yellow and white corn quotes listed. Baltimore wheat No 2 red winter at 94 3/4. All quotations based on mill deliveries.
A war report describes bayonet fighting south of Addi Encato near the Takkaze river as forces under Marshals Pietro Bedo and Rudolfo Grassen engage Africans. Officials note the clash and warn of possible stronger opposition ahead.
Edward J. Dunlap longtime Hampshire resident died at 7 15 PM after an 11 week illness at his home 900 Virginia Avenue He was survived by his wife Nellie Stewart two sons Grover Frank and two daughters Helen Stoney later he married Nellie and had two sons Charles and Russell He also leaves three sisters Mrs Laura Anderson Mrs Allie Nelson and Mrs John Dunlap Funeral from Congregational Christian Church Wednesday at 2 PM with Rev Ivan R Smith and Rev George W Stover officiating Interment Mount Hebron Cemetery
Continued discussion on the national budget process and its impact on agricultural policy with focus on cotton. The Bankhead cotton control act is set for Supreme Court arguments, with officials noting potential changes in regulatory control of cotton markets as the case proceeds.
President Roosevelt speaks of better days ahead amid a busy post Warm Springs swing through Chicago Toledo and Notre Dame. He defends farm policy urges religious freedom and warns against war while pressuring budget completion for the coming government year amid public receptions and honorary degrees.
Boston Red Sox announce purchase of home run slugger Jimmy Foxx and pitcher Johnny Marcum from the Athletics for cash. Gor Don Rhodes and catcher George Savino, formerly with Syracuse, also join the Red Sox.
The Frederick County Board of Supervisors rescinded an earlier order to donate $150 to Memorial Hospital Harrisonburg for laboratory work. The board expects to pay all bills from a special election and storage building project. They discussed ABC funds use for road debt and referred legality to Commonwealth Attorney Burr P. Harrison. A dog fund payment of $109 covered livestock losses. Reports from county officials were received and approved.
In London a Conservative revolt split the House of Commons and forced the government to withdraw approval of a Franco British peace plan for Ethiopia. The government sent Sir George Russell Clerk to Paris to seek modifications as opposition grew even within the cabinet over Mussolini dictating conqueror's terms.
Mrs. Franklin D. Roosevelt visited Reedsville to inspect small white school houses at a subsistence homestead project. She met children from about 200 stranded families and toured the hillside settlement with her party.
Washington December 10 The American Federation of Labor estimated total unemployment as of October at 11 650 000. The figure compared with 16 470 000 in March 1933 and notes 3 000 jobless now employed by New Deal emergency agencies under William Green president.
York freelance writer reports the latest issue of his paper claims he may be killed and demanded impeachment of Governor Olson on graft charges.
Sub zero temperatures moved into the northwest tonight with Jamestown North Dakota reporting 17 below zero and Bis marck North Dakota at 14 below. Moorehead Minnesota listed 10 below as bitter cold spread across the region.
Hamburg, Germany, a population greater than one million, stands as the nation’s oldest city with historic canals. It is described as a major seaport, ranking after London and New York, and associated with figures like Bismarck Heine Lessing and Brahms.
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