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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Dec 18, 1931
Page
5
Grain markets slip on broad market weakness with New York stock declines. Russian wheat shipments rise unexpectedly as corn and oats drop. wheat near day’s bottom while exports draw attention. Regional cash markets vary with prices for wheat corn and oats and livestock and dairy also listed.
Baltimore market notes from December 17 show potatoes in Maine 100 lb sacks with prices around 1.00 to 1.05. old heavy chickens 17 to 18 cents. eggs sold by street sales at 26 to 27 cents. Washington report lists butter prints at 36 and tub 35.
Agge Hennery listings show live poultry prices for young toms hens and chickens by weight, with creased turkeys and Leghorn hens noted. Baltimore Jersey City and Chicago receipts report steady to lower prices, cattle notes set tops around 8.00, veal visible at 8.00, and varying calf and bull ranges.
Cattle and veal prices mixed with Jersey City and Chicago receipts and top bids. Sheep and lamb receipts in Baltimore and Lancaster steady with limited offerings. Government bonds in New York quoted with various Liberty and Treasury issues across different maturities.
Hibbs & Company offers stock and bond quotations as NYSE members from the Hibbs Building Washington DC. Contact National 0540 for price and listing details.
A brisk rise in security prices occurred on the New York Stock Exchange with all stocks advancing. Short sellers covered as professional buyers stepped in, lifting market morale. British pound sterling cables remained firm at $3.44. Quotations at 2.15 p.m. showed gains across major names such as Allied Chem & Dye, American Can, Amer Tel & Tel, Bethlehem Steel, Chrysler, General Electric, General Motors, U S Steel, and Woolworth among others.
Closing quotations show wheat December 5 45, May 1846, July 56 5. Corn December 36, May 43. Oats December 24 34, May 26, July 25 5. Rye December 41 5, May 46 3 6, July 46. Prices aided by commission house orders and strong export interest amid drier belt conditions.
A Marcus Aurelius quote extols cooperation among plants, animals, and insects as a model for humans to join in orderly work and duty. It emphasizes collective effort and personal responsibility.
Charles P. Stewart profiles Senator Millard F. Tydings describing him as a youthful 41 year old liberal with a humorous mien. The piece notes his militant approach to causes and early Washington behavior, contrasting him with Nye La Follette and Norris on prohibition and economic issues.
Dr. Logan Clendening explains cold weather heightens carbon monoxide danger from car exhaust. CO is odorless and colorless, deadly in enclosed spaces like garages. It can cause instantaneous unconsciousness. rescue requires long artificial respiration.
White House announces guest list for a breakfast with Democratic and Republican leaders. Representative McFadden from Pennsylvania is omitted. He is the ranking Republican on the banking committee. Walter Newton, secretary, says one name was passed over for obvious reasons and by unanimous consent.
Senate testimony by Thomas W. Lamont described a bulky level of German short term credit in the United States but stated it posed no danger to American banks. He cited a $70 million largest single bank exposure and noted his company managed $300 million in loans for France and $208.25 million for Germany. The House moved to moratorium measures during the lunch break as adjournment neared.
Winchester Virginia December 12 1931 annual meeting of stockholders of Shenandoah Valley National Bank of Winchester to be held Tuesday January 1932 at eleven oclock for election of directors and other business. Wm G Hardy vice president and cashier announces.
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