Market Quotations Show Wide Swings Amid Steel Labor Worries
New York stock prices retreated across a broad front in heavy trading with many leaders slipping 1 to over 4 points. Fears of labor disputes, especially in steel, weighed on sentiment as investors awaited reconversion prospects and a presidential message to Congress. Margin trading ended, aiding the market's tone. Major losers included U S Steel Bethlehem Youngstown Sheet Chrysler General Motors Packard Motors U S Rubber Montgomery Ward United Aircraft International Harvester American Telephone Electric Power and Light American Water Works American Power and Light N Y Central Southern Pacific Anaconda Westinghouse American Can Standard Oil NJ Schenley Du Pont Allied Chemical. Brown Forman Distillers led declines in the curb market while Barium Steel Consolidated Mining and Smelting Electric Bond and Share Singer Mfg and Mesabi Iron fell.
MENTIONED IN THIS ARTICLE
New York
Congress
U. S. Steel
Bethlehem
Youngstown Sheet
Chrysler
General Motors
Packard Motors
U. S. Rubber
Montgomery Ward
United Aircraft
International Harvester
American Telephone
Electric Power and Light
American Water Works
American Power and Light
N. Y. Central
Southern Pacific
Anaconda
Westinghouse
American Can
Standard Oil
Schenley, du Pont
Allied Chemical
Brown-Forman
Barium Steel
Consolidated Mining
Electric Bond
Share
Singer Mfg
Mesabi Iron
Chicago Grain Quotations Slump On Early Trading
Chicago grain prices opened weak with May rye futures down as much as 21 8 cents a bushel. Wheat and corn showed small moves, oats off up to 1 cent, while barley had no early trading. Weak New York stocks weighed on the market as futures for May contracts posted varied levels across grains.
MENTIONED IN THIS ARTICLE
Chicago
New York
Baltimore Livestock Market Summary January 21
US DA bids show light receipts and slow trade with packers sidelined. Slaughter steers near last week’s highs at around 17.75, vealers 15.50 to 16.50, hogs steady around 15.15 to 15.40, and lambs 15.50 to 16.00 with light weights favored.
MENTIONED IN THIS ARTICLE
Baltimore Livestock
Baltimore
Red Cross Production Corps seeks more volunteers
The A R C Production Corps reports monthly shipments including Army mufflers sweaters infant shirts bands coats for foreign relief. Yarn for 266 sleeveless V Neck sweaters arrives as soldiers remain in Army hospitals. Volunteers urged to join at the Episcopal Church House Production Room open Tuesdays and Thursdays.
MENTIONED IN THIS ARTICLE
Red Cross
R. E. Griffith
J. R. Yerby
National Red Cross
Episcopal Church House
West Boscawen Street
DeGroot Leaves Washington for Los Angeles Job
Dudley DeGroot quits the Washington Redskins to coach the Los Angeles Club in the new All American Football Conference. He aims to install the T formation with Angelo Bertilli as key, while possibly bringing Redskins stars Bob Seymour Joe Aguirre and Wilbur Moore to Los Angeles.
MENTIONED IN THIS ARTICLE
Washington
Dudley DeGroot
Los Angeles
DeGroot
Washington Redskins
Redskins
Local Soldiers Arriving In States
Special AP message notes Technical Sgt. Jerome L. Howard of Winchester aboard the Coaldale Victory to arrive in New York today. Pfc. Charles Bannister of Winchester and Pfc. Maurice Willingham of White Post aboard the Hancock due to reach San Francisco on Sunday, January 20.
MENTIONED IN THIS ARTICLE
The
Star
Associated Press
Jerome L. Howard
Winchester
U. S. S. Coaldale Victory
New York
Pfc
Charles Bannister
Maurice Willingham
White Post
U.S. S. Hancock
San Francisco
Governor Tuck Presents Proposals for Constitutional Reforms
The article reports Governor Tuck and Governor Darden discussing fiscal plans. Darden backs raising capitation tax to four dollars with two dollars to counties for school buildings. Tuck argues the capitation tax is tied to voting and cannot be reworked for years, suggesting constitutional amendments and legislative timing.
MENTIONED IN THIS ARTICLE
Darden
Tuck
Eastern leaders weigh move to NY meeting for NC A A reform
By Bagh S. Fullerton Jr. eastern college athletic figures condemn the do nothing stance of the NC A A after a St. Louis meeting. They consider attending next year's gathering in New York to push change though a bloc argues the association should not regulate too much amid funding struggles and GI athlete influx.
MENTIONED IN THIS ARTICLE
New York
National Collegiate
A. A
St. Louis
G. I
Holy Cross Rhode Island Boston College doubleheader sellout
The Holy Cross Rhode Island and Boston College Providence basketball doubleheader Thursday sold out a week in advance at the Boston Garden. Big Bill Bouley reportedly earned 9500 since quitting Cornell to join the Cleveland Rams. Broad way Johnny Cox proposes sending a young American flyweight on a Britain Ireland Australia tour.
MENTIONED IN THIS ARTICLE
Holy
Johnny Cox
New Orleans
Britain
Ireland
Australia
Kitty League elects Shelby Peace as president
The Kitty League, resuming after wartime interruption, named Shelby Peace of Hopkinsville Kentucky as its president signaling a return to peace-time operations.
MENTIONED IN THIS ARTICLE
Kitty League
Shelby Peace
Hopkinsville
Beloit College Hires Basketball and Football Coaches
Beloit College targets a midwestern athletic turnaround by hiring Dolph Stanley known for 45 straight wins at Taylorville high school. Beloit then signs Jimmy Easterbrook from East St. Louis High to energize football efforts and draw top players from Illinois.
MENTIONED IN THIS ARTICLE
Little Beloit College
Beloit
Dolph Stanley
Taylorville
Ill
Paul Brown
Ohio
Illinois
Jimmy Easterbrook
East St. Louis
Duke and North Carolina Lead Southern Conference Race
Duke and North Carolina dominate the Southern Conference with Duke posting eight conference wins and 403 points to 257 against, while North Carolina has 387 points in seven games. Wake Forest gains strength as John Dillon lifts UNC with 107 total points, overtaking Koffenberger.
MENTIONED IN THIS ARTICLE
Richmond
Virginia
Duke
North Carolina
South Carolina
Maryland
Jean~ing
Virginia Military Institute
VMI
Williams and Mary
Wake Forest
Blue Devils
Koffenberger
John Dillon
White Phantoms
Clemson
Koffen
Cavaliers Beat V. P. 1. Fourth conference tilt at College Park
The Cavaliers upset V. P. 1 in a 42-29 win as other results listed include Maryland defeating NC State 37-33 at College Park and Navy beating the Colonials 53-42. George Washington and Virginia Tech also played non conference games. Three conference tilts open the week with N C State at North Carolina, South Carolina at Duke, and VMI at Virginia Tech.
MENTIONED IN THIS ARTICLE
Berger
Bubber Seward
Blue Devils
Cavaliers
V. P
Satrday
College Park
University of Maryland
North Carolina State
George Washington
Virginia Tech
Navy
Colonials
Tech
Virginia
Charlottesville
N. C. State
North Carolina
Chapel Hill
N. C
South Carolina
Duke
Durham
VMI
Penna Wins Richmond Open on Winter Tour
Penna, the Dayton professional golfer known as Little Toney, won the Richmond Open and earned 2000 in Victory Bonds. He heads to Pho niv as the next stop on the winter tour.
MENTIONED IN THIS ARTICLE
Richmond
Calif
Little Toney Penna
Dayton
Phoniv
Notre Dame Poised to Face Unbeaten Kentucky in Big Test
New York dispatch notes top teams and key clashes this week as Notre Dame, riding a 10 0 mark and ranked number one, meets Kentucky while Wyoming and Oklahoma A M clash, and Kentucky travels to Georgia Tech. The Par Westerners topped Utah 63 43, and Notre Dame tunes up with Marquette.
MENTIONED IN THIS ARTICLE
New York
Notre Dame
Kentucky
Wyoming
Oklahoma A
South Bend Irish
Wildcats
Kentuckians
Tennessee
Marquette
Atlanta
Georgia Tech
Wyoming-Oklahoma Aggies
Saturdy
Aggies
Cowboys
Utah
Also Mentioned on This Page
Stock Market Report
Rye
Miller’s
Silco Cut Price Stores, Inc
Loudoun Street
A. R. C. Production Corps
Studio Photo Supply Company
HAM
States
Bagh S. Fullerton, Jr
Grove’s
Rockers
What
Duke, N. Carolina Pace Conference
Southern
Penna
Bank Credit
Shenandoah Valley National Bank
Member
Federal Deposit Insurance Corporation
GEO
Washington Garage
T. G. Adams Esso
Bell
Bell Clothes Store
Winchester Front Royal
Chapman Motor CO
Regular Army
Army
Sergean
Firse C
U. S. Army
U.S. Army
People’s Drug Store
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