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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Oct 21, 1960
Page
16
Clarke County Farm Bureau will elect officers and new directors at the annual dinner meeting at Berryville Elementary School. The 7 p.m. event names David F. Childs as president. Delaware was named for Lord De La Warr, an English nobleman.
Virginia hospitals share 4.87 million in Hill Burton funds for new construction and additions. Major grants go to Southampton Memorial in Franklin, Fairfax Hospital in Fairfax, Riverside Hospital in Newport News, with multiple allocations for Danville, Alexandria, Portsmouth, Arlington, Roanoke, and Richmond facilities. Transfers include Bristol Memorial and a potential boost for public health centers.
Gold shares slid as markets declined for the fifth straight session with bullion prices softening in London. The AP index fell, bonds mixed, and other sectors such as steels, rails, and oils also traded lower amid a stalled gold bull run. Delayed openings and selling pressure pressured New York quotes.
AP report from Chicago shows hogs steady to 25 lower with mixed lots 190 to 270 pounds veering. cattle and calves scarce with prime steers at 24.50 per hundredweight and commercial cows 13.50 to 16.25. sheep and lambs trading moderately with slaughter lambs 8.00 to 19.00 and ewes 4.00 to 5.50.
Chicago Board of Trade opens with grains mixed as soybeans ease on oil and meal trends. Wheat steady to 14 higher, December at 1.96. corn unchanged to 12 lower, December 1.094. oats 4% lower, December 65 64 8. soybeans 12% lower, November 2.15.
U S gross product slipped in the third quarter from a record high, at a 503 billion annual rate for July to September, down 2 billion from April to June but 21.6 billion above a year earlier. Consumer spending fell slightly while government outlays rose, and farm income shifted amid the recession debate.
The United States circulated a draft in the United Nations to garner support for Eisenhower era aid programs. It urges action on a regional African security study, nonintervention in new states, and boosts UNESCO help for African education as the political committee prepares disarmament discussions.
The Hong Kong gold and silver exchange halted gold trading amid speculator demand. Gold closed Thursday at 265 Hong Kong dollars per ounce, up from 252 yesterday, as the U S Treasury price stood at 35 dollars per troy ounce and London traded up to 40 60 dollars.
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