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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
May 09, 1958
Page
7
Markets gain fractions as leading stocks advance about a point with new highs for the year despite weak overnight signals. Notable gains seen in Illinois Central and several rails while industrials such as U S Steel and Youngstown Sheet show mixed moves amid steady commodity quotes in Baltimore markets.
Baltimore livestock receipts for the week were about 7 percent below last week and 20 percent under last year. The supply consisted mainly of about 70 percent fed steers, under 5 percent fed heifers, around 5 percent stockers and feeders, with the remainder mainly cows, and trading opened steady.
Fed steers closed 25 lower on Monday with generally steady to higher trends across classes. Cows up to 1.00 higher, bulls 50 cents to 1.00 higher, hogs active with butchers 1.00 higher, sheep with small lots of spring lambs in the 28.00 to 30.00 range and goats mixed across categories.
At Chicago, hogs 5 500 head with 2 to 3 weight lots at 190 to 230 pounds 22.25 to 23.00 and 240 to 260 pounds 21.75 to 22.25. Cattle and calves: slaughter steers and heifers steady with 27.00 to 28.50 for good to choice clears. 900 to 950 pound heifers 26.75 to 27.00. cows 18.00 to 23.00. vealers light to 21.00. Sheep all classes steady with 95 pound lambs 23.50 and 100 pound pelts 21.50. ewes 8.00 to 10.00. rest 6.00 to 8.00.
Chicago grain futures opened irregularly steady to mixed with wheat and corn showing small advances or declines. Market watchers record modest early moves as traders weigh supply and demand signals amid cautious trading.
Norfolk and Western Rail Way reports first quarter earnings 36 percent below year earlier. Coal loadings fell 28 percent while merchandise traffic dropped 18 percent. Grain moved increased 68 percent, making Norfolk the largest grain port on the Atlantic seaboard. A tunnel breakthrough on Sandy Ridge Mountain is due next Thursday. Four directors were reelected for three year terms.
The local markets page explains corrections are issued regularly and the Star disclaims responsibility for any typographical errors that may occur.
Prices and demand for broilers fryers turkeys at farm gate yesterday listed with ranges for weights and grades. Regional egg market prices shown for Grade A Large Grade A Medium Grade A Small and Grade B Large in Winchester and Harrisonburg. Also notes on a long covered bridge in Philippi West Virginia and a brief WWII Allied air base reference in the Azores.
A string of conveyances records transfers of lots and improvements in Cedarmeade Wild Acres Gainesboro Stonewall Shawnee and other districts. Properties include addresses on Washington Street Sharp Street Val ley Avenue and National Avenue Extd with sums noted for Robert E Smith. The text ends with a Navy note about milk deliveries to troops on Pacific Islands Midway Eniwetok Kwajalein via air lift in insulated bags.
Winchester Public Schools set May 15 and 16 for first grade pupil registration for September entry. Registrations occur at John Kerr Quarles Virginia Avenue and Douglas for neighborhood students. One parent must accompany the child and birth certificates plus a physician’s certificate are required.
Certification of successful smallpox vaccination or exemption due to condition. If transferring from another school, evidence of previous work must be presented. At registration, parent signs placement application per Chapter 70 Special Session 1956 acts.
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