Trading Dwindles On Uneasiness In New York Stocks
Irregular trading and slow volume marked June 2 as traders weighed British Crete loss and Mussolini Hitler talks. President Roosevelt signed a bill on industrial priorities, aiding a late rally as defense production expectations rose. Industrial employment hit a record 50,150,000, with steel at 99.2 percent capacity and shipbuilding linked to oil tanker plans. Consolidated Aircraft led gains, others like Douglas and Lockheed rose modestly.
MENTIONED IN THIS ARTICLE
New York
U.P
Crete
Roosevelt
Adolf Hitler
Benito Mussolini
Brenner Pass
National Industrial Conference Board
United States
Atlantic
Consolidated Aircraft
Douglas Aircraft
Lockheed
Copper and metal prices steady in New York reports
Weather Bureau notes copper steady at 12.00 spot and 11.00 to 12.00 via export fas NY. Tin firm at 52.25 spot and nearby 52. Forward. Lead steady at 5.85 spot and 5.60. East St. Louis bids 5.70. Zinc steady at 7.25 in East St. Louis spot and forward.
MENTIONED IN THIS ARTICLE
NEW York Metals
New York
East St. Louis
Amarillo Wheat Receipts Reach 76 Cars
Market report from Amarillo shows wheat receipts totaling 76 cars with a nominal price of 0.73 per bushel. The item notes one car of Sudan wheat.
MENTIONED IN THIS ARTICLE
Amarillo
Sudan
Marketing Quotas Trigger Wheat Futures Buying
Wheat futures rose two cents a bushel in Chicago as farmers approved a government plan to curb the new crop movement through a marketing quota and above market loans. Kansas City saw gains up to three cents as traders foresee tighter open market supplies if the program is carried out. Prices across Chicago and regional markets reflected loan influences and the potential for price tightening in coming seasons.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
Cattle and hog markets show firm undertone across regions
U S D A reports steady to firm opening in cattle, hogs, and sheep with prices varying by weight. Chicago and Fort Worth bids reflect gains in top hogs to about 9.60, steers near 12.75 for 1400-1500 lb range, and lambs around 11.25 to 11.60. Oklahoma and Kansas City noted active demand and steady to higher sows and calves.
MENTIONED IN THIS ARTICLE
Kansas City
Arizonas
Texas
Chicago
D. A
Fort Worth
Oklahoma City
Market Receipts Show Hogs Cattle and Sheep Activity
Agricultural Marketing Service reports in St Joseph and Los Angeles on June 2 show hogs with top prices around 9.45 to 10.55, cattle mixed with steady to higher leg of gains on light steers, vealers and yearlings, and sheep with native lambs firm to higher. Advancing hogs and lighter weights buoy prices while heavier cattle and grass cattle face softer demand.
MENTIONED IN THIS ARTICLE
ST. Joseph
Arizonas
Federal State Market News Service
Los Angeles
Closing New York Stocks
A brief stock update from New York markets showing activity across major exchanges. Investors watched key indices and notable securities as trading sessions concluded with mixed results and cautious sentiment ahead of upcoming economic announcements.
New York Markets and Andorra Note
New York stocks uneven as prices narrow, bonds mixed with rails slipping. The exchange steady as the Canadian dollar rises. cotton narrow with New Orleans buying. sugar irregular and firmer on liquidation. Wool tops quiet, Chicago wheat higher on quota system. corn steady amid rains in the corn belt. hogs steady to higher near 9.60. cattle steady to strong. Andorra described as a tiny Pyrenean country between France and Spain.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Chicago
Cotton Futures Edged Up In Dull Trading Session
Spot cotton closed steady up 1 point with 3 325 shipments and a stock of 523,211 at New Orleans. Middling prices across southern markets averaged 12.89 cents per pound with a 30 day average of 12.33. Wool and wool prices in Boston showed sparse inquiries and firm reporting at around 46 to 48 cents in grease.
MENTIONED IN THIS ARTICLE
New Orleans
Boston
U. 8
Dept
New York
Worth Street
Cute Eens
Cueeeee
Wegen
Chicago Produce Market Prices and Receipts Summary
Chicago market reports show steady to easy tone for poultry and dairy. Heavy hens, leghorn varieties, broilers, ducks, geese, and guineas listed with varied cents-per-pound prices. butter and eggs show firm to lower-score ranges with multiple carloads and specific score quotes.
MENTIONED IN THIS ARTICLE
Chicago
U.P
Colored Springs
Plymouth Rock Springs
White Rock Springs
Plymouth Rock
White Rock
Houston Man Heads Oil Scouts DALLAS June 2
J. W. Selby of Houston was elected president of the National Oil Scouts and Landmen's Association at its 18th annual convention. Elected officers include John V. Melton Shawnee Okla first vice president M A Ricketts Corpus Christi second vice president A G Shuler Longview secretary treasurer Ed C. Harman Dallas yearbook editor. Site of 1942 convention to be chosen later.
MENTIONED IN THIS ARTICLE
Dallas
J. W. Selby
Houston
National Oil Scouts and Landmen’s Association
John V. Melton
Shawnee
Okla
M A Ricketts
Corpus Christi
A. G. Shuler
Longview
Ed C. Harman
Illegal Oil Shipments Drop After Connally Act Enforcement
Washington reports enforcement of the Connally Hot Oil Act reduced interstate oil shipments from the Texas field from about 150000 barrels daily in 1935 to under 1000 barrels daily. George W. Holland, head of the Petroleum Conservation division, told a Senate subcommittee that higher funding would improve inspections and enforcement for the 1942 fiscal year. He noted occasional hot oil movements from West Texas and Gulf Coast fields, with a Kilgore board checking shipments to ensure compliance with Texas railroad commission quotas.
MENTIONED IN THIS ARTICLE
Washington
Texas
Congressional
George W. Holland
Petroleum Conservation Division
Senate Appropriations
Interior Department
Senate
House
Budget Bureau
Holland
East Texas
West Texas
Gulf Coast
Kilgore
Texas Railroad Commission
Tulsa Market Summary Reflects Gasoline and Fuel Price Shifts
Tulsa market report shows refinery gasoline prices rising by one eighth of a cent per gallon with overall strength in gasoline and kerosene markets. U S motor gasoline grades, natural gasoline, kerosene, and fuel oils are listed with column figures and FOB refinery pricing for Oklahoma and North Texas deliveries.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
F.O.B
Eveun
Oklahoma
U. S
North
Texas
Potatoes Market Report From Chicago Trade Desk
Potatoes arrivals totaled 201 with 275 on track and 775 shipments for the week. Prices shown for several varieties include California long whites at 2.40 to 2.50, Mississippi and Alabama Bliss Triumphs around 1.75 to 1.90, Idaho Russet Burbanks 1.75 to 2.10, and Wisconsin Kadahdins 1.60 to 1.20. Demand remains good and stock levels vary by region with moderate to strong markets in several states.
MENTIONED IN THIS ARTICLE
Chicago
U. S
California
Mississippi Bliss
Alabama Bliss
Louisiana
Eliss
Idaho
Minnesota
North Dakota
Bliss
Wisconsin
Radio Broadcast Schedule Highlights KGNC Network Listings
This digest catalogs KGNC radio programming across Tuesday and surrounding days, detailing 5 000 watt daytime and 1 000 watt nighttime operations with station 1440. It lists hourly segments including The Sky Pilot Farm News Parm Round Up Morning Melodies News by Air NBC programs and various orchestras, dramas, and soap operas, noting multiple NBC affiliations and a broad lineup of music, talk, and public affairs segments.
MENTIONED IN THIS ARTICLE
the Sky Pilot
Farm News
Parm
the Trading Post
NBC
Newsa
Hal Saunderk
Women In
Clark Dennis
Johnny Stone
Morris Spicer
Pepper Young
Davia Harum
Alt
Sam
National Farm and Home Hour
Winston Duzzit
W. Ler O'Daniel
Ma Perkins
Vic and Sade
Btella Dallas
Lorenzo Jones
Widder Brown
Portia
Life
Bert
Orchestra
Charlotte
Army Camp News, LLC
Paul Douglas
Bperte
Town Crier
Amarillo Safety Council
Paul Baron
Sammy Kaye
Jack Little
al Donahue
Ozzie Nelson
Shanghai street car cleaning ban sparks owner protests
The new Shanghai ban on street car washing draws protests from owners who say it ends a voluntary aid to workers who rely on tips from cleaning machines, especially affecting the poor.
MENTIONED IN THIS ARTICLE
Shanghai
China
Petroleum Men Confer Today With Defense Oil Czar
Washington reports say defense officials, led by Harold Ickes dubbed defense oil czar, will meet with the American Petroleum Institute to review East Coast rail and water transport and discuss price increases. Official data shows a planned armament program of 40 billion dollars yearly to deter the Axis, with price controls under study amid oil market spirals.
MENTIONED IN THIS ARTICLE
Washington
Up—Office of Production Management
United States
Axis
Defense
Roosevelt
Congress
Gulf of Mexico
Atlantic
Leland C. Olds
Federal Power Commission
Stacy May
OPM
Bureau of Research and Statistics
Great Britain
British Empire
Germany
Italy
Japan
Army
Navy
Secretary of Interior
Harold L. Ickes
American Petroleum Institute
New England
Mid-Atlantic
Pacific Coast
Price Control
Leon Henderson
Office of Price Administration
Government considers gasoline price controls nationwide
Defense officials review measures to curb gasoline and fuel oil costs across the country. Price ceilings appear unlikely. companies may have to submit cost records to justify any rise. Major oil firms in the mid Atlantic and New England already pledge no price increases without consulting Leon Henderson.
MENTIONED IN THIS ARTICLE
Washington
Oll
mid-Atlantic
New England
Leon Henderson
Henderson
Texas oil wells average production rises in week
AUSTIN reports the average net daily production of Texas oil wells for the week ended today reached 431,601 barrels, up 4,058 from last week. The permissible flow exceeded the Bureau of Mines May recommendation by 49,402 barrels, but a 45 percent underproduction reduced actual flow to 617 barrels below the standard. Wells counted 96,661, down BO from the prior week.
MENTIONED IN THIS ARTICLE
Austin
Texas
Railroad Commission
Bureau of Mines
Bureau
Oil stock totals dip slightly in week ending May 24
Bureau of Mines reports total domestic and foreign oil stocks at 261 576 barrels, down 1 060 from the prior week. Domestic stocks fell 1 437 000 barrels while foreign crude rose 380 000. Weekly average output and imports moved to new levels with daily averages near 3.77 and 3.87 million barrels respectively.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Mines
India
Schlumberger Wins Judgment Over Halliburton in Patents Case
Schlumberger Weill Surveying operation, a firm serving the mid continent area, received a federal court judgment against Halliburton Well Cementing Company for patent infringement in Houston.
MENTIONED IN THIS ARTICLE
Houston
Schlumberger Weill Surveying Ooration
Midlinent
Halliburton Well Cementing Company
Backward-looking health tonics promise new vitality and beauty
An advertisement touts a tonic that claims to restore digestive juices and boost red blood cells. It targets people with flu, strain, poor appetite, organic trouble, or weak vitality, offering a “Tonleta” pill to revive and stimulate digestion and feeling of sturdiness.
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U. 8. Weather Bureau
Abilene Si
Albuquerque
N. M
Big Spring
Clayton
Denver Colo
Dodge City
Kan
Elk City
el Paso
Eee
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Guymon
Okla Tae
Lamar, Colo
Stageseaver
A Lubbock
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Ariz
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Claude
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Dimmitt Peete
Deas Moines
Springfield
Colo
Associated Press
Am Cyab B
Am Gas&El
Ark Nat Gas
Bell Aire Speek Bik
Prewst
Aero Veneers
BK Bie
Cities Service
Eagle Pich Seer
el Bond&Sh
Qi Gulf Olenue
Humble Oil
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Industrials Eeaees
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Undertone
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Fort Worth Livestock
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South St, Joseph Livestock
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NEW York Stock List
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Ch & Dye
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Int
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Tia
Panhandle P&r
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Petrol Corp Stewee
Phel Dodge
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al Unech
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John Duggan
Waring
We Dancing Music Orchestra
Bill Ret
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T—Cbe
Ebs
Defense Oil Czar
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Supreme Court
Southport Petroleum Co
Texas City
Tex
National Labor Relations Board
William Cornish
FE. D. Richey
Earl Gooch
NLRB
Ciicit Court of Appeals
Pallas
Miller & Miller Motor Freight Lines
Schlumberger
RADIO
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