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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Jun 21, 1923
Page
5
The June 1 forecast by the Federal Bureau of Agricultural Economics predicts peaches will be 10 million bushels below last year. Spring frosts delayed early picking and damaged fruit, but late varieties are expected to reach a fairly good harvest. Total projected peach crop is 46,525,000 bushels.
New York June 21 The speculative element returned to stocks with many popular shares rising 1 to 3 points. Steel and Tube preferred gained nine points after dissolution of an injunction to thwart absorption by Youngstown Sheet and Tube. Short sellers rushed in as evidence of concerted support appeared at the open. The late yesterday market decline had perhaps surpassed expectations and margin holdings were sold to fund the rally.
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