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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Dec 31, 1931
Page
5
Chicago market notes demand shifts and price changes as wheat closed unsettled, corn and oats mixed, and provisions modestly higher. The first US wheat shipment to Europe from the Gulf of Mexico to Greece was announced.
Richmond and Baltimore market notes show bid prices for wheat corn and oats in car lots and bag lots. Virginia No 2 red winter wheat firm at 66 with No 3 at 64, corn No 2 white 50, No 3 white 48, oats No 2 white 38, No 3 white 35, and mixed feeds 26. Baltimore reports No 2 red winter wheat at 59 for Dec and Jan, chickens at 18 to 23 cents.
Reports from Philadelphia Washington Richmond New York and other cities show live poultry prices with turkeys hens and toms mainly steady to unchanged. Butter prices range from 30 to 37 cents per pound with regional variations and egg receipts fluctuating across markets.
Livestock report shows 1,000 hogs at Baltimore market trading slightly lower. Top price paid 5.50 for medium and light hogs, with packing sows fetching about 3.75.
Precipitation in the past 24 hours ended 8 am today shows none, with December to date at 1.92 inches. The document outlines a decree in the Chas. J. Summers estate, appointing J. Sloan Kuykendall as Special Commissioner to settle accounts, appraise assets, identify creditors and priorities, and report findings, with a January 12, 1932 hearing at the Winchester office for attendees to bring books and vouchers.
Middletown Virginia auctioneer Byron O Brumback announces an upcoming sale date December 7 1925 to attract bidders. Auctioneer seeks patronage and references experienced handling of assets.
Quotation board shows mixed gains and rising prices as 1931 trading nears close. Short covering boosted values with many traders settling year counts during the final session. British pound stands at 3.38 dollars mid afternoon with several firms listed including Allied Chem, Anaconda Copper, Bethlehem Steel, U S Steel and Woolworth.
The Winchester Historical Society reports strong reception for Volume I of its Annual Papers. Endorsers include Dr W G Stanard, Dr Douglas S Freeman, Clarence S Brigham, Dr Earl G Swein, Mr Stringfellow Barr, Miss Frances Dorrance, Morgan P Robinson, Lester J Cappon, Ben de Mier Biller, and others. Membership offers $2 for December with cloth or paper copies priced at $3.50 and $3 respectively.
The New York stock market rose on the last day of the year with subdued morning activity. Cash trades reflected belated tax selling while call money rose to 32 percent for the first time since December 31, 1930. Sterling exchange cables opened at 3.38 dollars, down two cents.
A mass meeting in Williamsburg endorses Harry F. Byrd for the Democratic presidential nomination. Resolutions praise Byrd as the logical leader, cite Virginia finances under his governance, warn against Republican rule, and urge the party to place its banner with the former governor. Local officials organize a city committee.
Economists told Congress and the Fed to push revival programs. Leonard Ayres urged quick action on reconstruction finance, Fed powers, and a restrained budget. David Friday urged the Fed to free hoarded money, while Lionel Edie called for reversing Fed credit policy to help reconstruct.
Winchester bank announces its annual stockholders meeting at the Banking House on January 12 at eleven o clock for director elections and other business. D Fuller, President. 12-22-taw-t.
Daily closing prices for grain traded on the Chicago Board of Trade as reported by W B Hibbs & Company. Prices reflect activity on the exchange and are presented by the Hibbs firm based in Washington with NYSE affiliation.
The grain pits at the Chicago Board of Trade closed the year quietly with prices 4 to 20 points below 1930. Traders mostly pro profits on slight gains after days of balancing accounts. Closing quotes show Wheat December 5322 Ma57 July5635 Corn December3638 Ma41% July43 Oats December2432 May2653 July26 Rye December4135 May46% July4634
SHEN VALLEY announces a stockholders meeting on Tuesday January 12 with Wm G Hardy, vice president and cashier, listed for duties. The notice appears in small type within a classified style.”
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