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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Jul 10, 1947
Page
7
Chicago grain quotations show futures strongest for wheat and oats with several contracts advancing. Opening prices list July Sep Dec and May wheat values while oats show Sep Dec and May settlements with small gains and range.
The Star prints daily local market figures for flour feed corn meal and edible grains with prices per cwt and per bag. It lists yellow and white corn at mills, oats and barley feeds, egg mash and cracked corn, broiler and turkey feeds, and butter values, reflecting regional dealer associations and moisture variants.
Baltimore stock market notes show mixed potato quotes with N C Cobblers at 2.75 to 3.25 and U.S. No. 1s around 2.00 to 2.50. Poultry prices ease with Leghorns 20-25 cents and fowls 32-34 cents. Eggs strengthen slightly with graded stock rising to 58-60 cents for A extra large. Cattle and hogs quote sharp activity with steers 24.00 to 25.75 and hogs ranging 22.50 to 26.75 per hundredweight, stockers and calves steady to higher.
New York traders saw fractional recoveries in select stocks though leaders paused at lower levels. Analysts forecast additional selling as the lengthy market advance appears to require a cooling correction.
The inflation argument linked to the coal wage rise drew short covering and bid interest. Early dealings were slow with mild irregularity near midday. Gainers included U S Steel Republic Steel Santa Fe American Woolen Standard Oil NJ American Telephone and Kennecott while Sears Roebuck International Harvester American Can Allied Chemical Westinghouse North American Pennsylvania Railroad and Southern Railway lagged.
U S Grade A eggs quoted for delivery include extra large 58 per dozen and large 56 per dozen. Medium 46 and B large 50. Pullets 34, trades 39. Live poultry prices show heavy breed hens over 4 lbs 26 c per lb Leghorn hens 22 c per lb heavy brooders 30 c Leghorn brooders 20 c old roosters 14 15 c per lb young turkeys 22 c per lb hens under 18 lbs 26 44 c per lb hens over 18 lbs 24 44 c per lb old toms 21 4 c per lb and old geese 25 c per lb.
The United States rejected any compromise from Russia on Balkan disorders and kept its demand for a semi permanent border commission to guard Greece’s frontiers with Albania Yugoslavia and Bulgaria. The report notes the stance remains unchanged despite Russian counter proposals.
The Assn of Commerce will inaugurate July 17 regular refrigerated truck service for meat transport from Baltimore to Valley of Virginia points. Staunton transfer company will run the route with stops at Winchester Luray Elkton Charlottesville Clifton Forge Bridgewater Harrisonburg Waynesboro Lexington Covington and intermediate points. An all time U S crop record of 474000000 bushels of potatoes was produced in 1946 47.
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