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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
May 31, 1945
Page
6
New York May 31 stock market muted after a holiday with mixed results. Rails and industrials held fractional losses while others advanced slightly. volume remained fairly active with occasional slowdowns after the opening. Investor caution rose on talk of a Washington crackdown on speculation amid Middle East tensions.
Bonds and commodities showed spotty performance amid cautious trading as investors awaited clearer signals on policy and economic data.
Grain futures opened sharply higher as Wheat jumped up to 11 4 cents with shorts covering after a negative crop report and a 3 1 8 cent ceiling price increase for cash grain. Rye and oats posted gains with mixed opening quotes for July, September, and December contracts.
Baltimore market wires report unchanged apple and poultry quotes. Cattle, calves, hogs and sheep prices listed with loads, weights, and top figures. Chicago prices show higher markets and strong demand for hogs, cattle, and lambs.
Marines expand on the east flank near Yonawa and Yonabaru advancing toward a juncture with the Sixth Division. Rain and mud slow ground operations and hinder supply as two American light vessels are damaged in Japanese air attacks. eight Japanese planes were shot down.
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