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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Jun 18, 1942
Page
10
Market quotes show steady to firm trends in cattle hogs and sheep from aes ore Baltimore and Chicago. Cattle with varying grades range from 10.50 to 14.70 per cwt, hogs mostly 13.55 to 14.70, calves 11.00 to 14.50, sheep 5.50 to 16.50, with several weight and grade distinctions noted.
New York June 18 Stock market opened with modest gains that faded by midmorning and largely mixed trends emerged. War news offered little stimulus though optimism for tax reform buoyed sentiment. Bonds improved in spots while commodities drifted lower with American Can and several industrials showing strength and autos and steel slipping.
Profit taking lowered grain prices with oats and soybeans slipping. Opening prices show wheat at July 1.20 5-8, Sept 1.23 1-2 to 3-8, corn July 86 5-8 to 3-4, Sept 89 3-8 to 1-2, soybeans down 2 cents in some cases.
Salable hogs 200 active and 15 cents higher with weights 160-350 lb in 14.10 to 14.60 range. Cattle and calves steady. sheep also steady. Dealers 25 higher, fat hogs up to 9.00, many offerings 9.40 to 10.50. heavy bulls 11.90, choice offerings 14.75. Pittsburgh PA June 18. Pa Dept of Agriculture report.
Soviet forces repelled renewed German assault on Sevastopol with heavy tank losses nationwide. Red Army reports claim 15 enemy tanks destroyed on Kharkov front and major German officers and troops killed. additional tanks knocked out along central and northern fronts.
Malcolm E. Engstrom vice president and comptroller of Morris Plan Bank of Virginia will address the Frederick Clarke Warren Shenandoah and Page Clearing House Association in the district on Regulation W issues.
George Washington Hotel in Winchester hosts a Wednesday evening session on Regulations. The revised rules apply to consumer credit and personal loans under 1500 dollars not for business or agricultural use. Mr Engstrom leads a talk expected to draw many bankers from the clearing house area.
Announcement that Paul Miller will become chief of bureau in Washington was made by Kent Cooper general manager of the Associated Press Miller succeeds the late Brian Bell and has headed three bureaus He goes to Washington from executive assistant to the general manager.
Washington reports price officials raising the value of sugar stamps 5 and 6 to two pounds each while extending coverage to four weeks per stamp. Stamp 4 remains valid for a pound until June 27. stamp 5 lasts until July 26. stamp 6 extends beyond that date.
Funeral services for the late Amos Moore, who died yesterday, will be conducted tomorrow afternoon from the Jones Funeral Home at 3 o'clock. The Rev. R. B. Nelson of Christ Episcopal Church will officiate. Interment will be in Mt. Hebron. Pallbearers are Russell Hook, Bud Rainsberger, Earl Metz, Gus Kaknis, George Taylor, and Wilmer Shryock.
Paul Haldeman sold 80 registered Holstein heifers at public sale, ages six months to two and a half years, top price $317.50 with many over $200. Similar sales were held in Evendale in 1920 and 1927. The Haldeman herd now has 70 Holsteins with about 53 producers, yielding 265 gallons of milk daily.
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