Wall Street Turns Skeptic as War News Shapes Trading
New York stocks fell irregularly after yesterday’s rise on news of the German move against Russia. Traders revised views as German successes broadened. rails led activity with Santa Fe as a feature and car loadings near an 11 year high. Utilities held steady while many industrials edged lower.
MENTIONED IN THIS ARTICLE
New York
U.P
Russia
U. S
Commonwealth & Southern
Santa Fe
Standard
New Jersey
American Telephone
Universal Leaf Tobacco Preferred
Universal Pictures
Market Wrap of Metals Prices in New York on June 24
New York reports steady electrolytic spot copper and Connecticut Valley at 412.00 with export Fas NY at 11.00 12.00. Tin remains easy at 52.75 spot and nearby with forward 52.25. Lead holds at 5.85 5.90 in New York and 5.70 East St Louis. Zinc steady at 7.25 East St Louis forward and spot.
MENTIONED IN THIS ARTICLE
New York
Conn
Valley
East St. Louis
Associated Press
al Chem & Dye
Smelt & Ref
Ball Am Tel & Tel
Anaconda
AT &S8f
Aviation Cor
Barnasdall Pl Oy
Bendix Aviat
Beth Steel
Case ‘ Wee Enee
Chrysler
Columbas & el
Curtiss Wright
Douglas Aire
el Power & Lite
Freeport Sylph
Gen Elec Eeenee Act
Gen Foods
Gen Motors Tee
Gooarteh
Goodyear Oe
Greyhound
Houston Oil
Int Harvester
Int Hydro el A
Johns Manville
Lorillard Sete
Tis
Tanter Ward Nash Kelvinator
Nat
Ohio Oil Dairy Preeiweee
Packard
Pan Am Airways
Panhandle P&r
Penney Trees
Cal
Es N Oil Ind
N Oil NJ
Stewart Warner
Stone & Webster
Tex Gulf
Tex Gulf Prod 3% 535, Tex Gulf Sylph 3534 35% 354 | Tex Pac C&o Tex Pac L Tr
Transamerica
Union Carbide
Union Oil Car
United Aircraft Oat
United Gas Imp
U S Rubber Tables
Steel
Walgreen
Warner Bros
White West Fl & Mfg Motor
Wilson’ & Co
Woolworth
Aig
Curb Am Cyan
Am Gas & el
Ark Nat Gas A
Bell Aire Teee Ae 1814
Bellanca Ai Aoe
Todd Shipyds Ae
Indust
Rails Util
Uemotaveens
Treasury
Potatoes Market Report and Price Ranges in Chicago
Potatoes arrivals 110 with moderate supplies and weak demand. California long whites US No 1 priced at 1.10 to 2.25, Triumphs vary by region. Arkansas Oklahoma Alabama Texas Triumphs priced from 1.45 to 2.40, Missouri cobblers about 1.40, Idaho Russet Burbanks US No 1 at 1.90. All Rome museums except Vatican closed indefinitely due to war.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept
U. S
California
Arkansas Bliss
Oklahoma Bliss
Alabama Bliss
Texas Bliss
Missouri
Idaho Russet Burbanks
Wheat Surrenders Half of Gains of Monday Rise
Wheat futures eased after a sharp Monday rally, closing near session lows as profit taking and uncertainty over European developments weighed on prices. July to December contracts fell from Monday highs, with oats soybeans and rye also retreating while lard weakened. The midmonth crop report showed a smaller than expected reduction in some states, offsetting losses in Oklahoma and Texas.
MENTIONED IN THIS ARTICLE
Chicago
Gorp
Oklahoma
Texas
New York Stocks End Mixed as War Buying Wanes
Market rounds show declines in wheat and corn amid war developments while bonds and foreign exchange stay irregular. Chicago produce delivers steady to firm meat, eggs and dairy with varied prices. overall activity softens in a cautious trading day.
MENTIONED IN THIS ARTICLE
New York
Bombay
Commission House
Boston
Chicago
White Rock Springs
White Rock
Boston wool sales show uneven demand at modest prices
Boston June 24 reports a few sales of combing three eighths and one quarter blood bright fleece wools at 46 to 47 cents a pound in grease. Occasional lots touched 47 cents, demand was spotty and total volume moderate. Short to average French combing length fine territory wools sold at $1.00 to $1.03 scoured basis on scattered sales.
MENTIONED IN THIS ARTICLE
Boston
U. S
Hogs and Cattle Markets Mixed as Slower Trade Persists
Livestock in Kansas City and Chicago shows slower activity with hogs generally $0.25 lower and cattle steady to lower on light demand. Hogs top $10.40 to $10.70, cattle include steady fed steers and yearlings with limited high bids, calves steady to higher, sheep slow with lambs around $11.50 to $12.00. Other markets report varied results across Fort Worth Oklahoma City and Los Angeles with similar tone of cautious trading and price adjustments.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago
Fort Worth
Oklahoma City
Los Angeles
Federal State Market News Service
Refiners Office Moves to Tulsa Consolidates Shreveport Staff
The Western Petroleum Refiners Association says its Shreveport office will move to Tulsa and merge with the Tulsa staff. L. C. Grosjean, who led the Shreveport office, will take on expanded duties in Tulsa.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Western Petroleum Refiners Association
Shreveport
L. C. Grosjean
Rain Report and Southwest Weather Observations
Weather notes from 6:30 yesterday report 24 hour precipitation in the Southwest region with readings from Abilene to Spokane and listings for cities including Oklahoma City Phoenix and Salt Lake City. The brief also notes a monthly England waste reuse value of 1.2 million dollars.
MENTIONED IN THIS ARTICLE
Abilene Aie
Albuquerque
Clayton
Hesas
Corpus Christi
del Rio Ees
Denver
Colo
Waynoka
Okla
Wichita
Kansas
Wink ‘Pueblo
Roswell
N. M
Adrian Dporupcone
Spearman
Clovis
N. M. Oo
Beabeenanea
Dpringfield
OOO
Ccs
Eddie Baseness
Cotton futures fall as selling pressure hits markets
New York reports cotton futures down 17 to 21 points amid heavy selling by Bombay interests and hedge selling from spot firms. Open interest in July drops to 52,500 bales ahead of first notice day, while port receipts and certified stocks rise and New Orleans spot prices ease.
MENTIONED IN THIS ARTICLE
New York
Bombay
Worth Street
Washington
Louisiana Caps Oil Production as Stocks Pile Up
Baton Rouge officials report oil stocks near Gulf Coast fields remain unmoved while rationing talks arise in the East. The state sets July production at 303,397 barrels per day, down 16,103 from June, citing government removal of 50 tankers and increased demand.
MENTIONED IN THIS ARTICLE
Baton Rouge
Gulf Coast
Louisiana
John J. Metzger
Louisiana Department of Minerals
U. S. Bureau of Mines
Metzger
Texas
Panhandle oil shutoffs kept at five days in July order
Texas Railroad Commission issues a statewide July oil production order setting an average daily yield of 1,847,926 barrels and adding five shutdown days for all fields except Panhandle, which remains at five. Exemptions unchanged. Taleo pool in district six increased to 27,638 barrels daily.
MENTIONED IN THIS ARTICLE
Austin
The
Railroad Commission Today
Panhandle
Commission
U. S Bureau of Mines
Texas
Federal Bureau
Taleo
Ernest ©. Thompson
Jerry Sadler
Olin Culberson
East Texas Field
Socony Steps Up 100 Octane Output From Beaumont Plant
Socony-Vacuum Oil announces a 30 percent rise in 100 octane aviation gasoline output at its Beaumont Texas refinery in response to the OPM request for a 25 percent production boost. The plant reportedly produced 1,000,000 barrels of 100 octane in the first six months of the year.
MENTIONED IN THIS ARTICLE
New York
W.P
OPM
Socony-Vacuum Oil Co., Inc
Beaumont, Tex
Beaumont
May to July oil production curbed by new orders
June order kept output near May levels while the July decree introduced the first cut. Governor Bam Jones linked curtailment to transportation bottlenecks, calling it temporary as facilities are rebuilt and demand rises. The piece notes annual disappearances in England totaling 25,000 with 4,200 from London and only about 2,000 never traced after 10 years.
MENTIONED IN THIS ARTICLE
Bam Jones
Louisiana
England
London
U.S. Oil Production Rises Daily by 29,925 Barrels
United States oil output climbs to an average of 3,864,145 barrels per day for the week, topping June Bureau of Mines estimates. The report notes increases across multiple states and regions, with total U.S. production for Jan 11 to June 21 at 604,336,830 barrels.
MENTIONED IN THIS ARTICLE
Tulsa
Qokla
United States
The
Oil and Gas Journal
United States’ Bureau of Mines
Arkansas
California
Hogtisas
Louisiana
Michigan
Mississippi
Braska
Ceeee
New Mexico
Oklahoma
Rocky Mount Area
Texas
West Texas
North Central
East Central
Texas Panhandle
Texas Gulf Coast
Southwest Texas
U. B
Octane Aviation Gasoline Production Plans Revealed
Socony Vacuum states annual output will rise to 1,300,000 barrels in six months. Current 100 octane gasoline production is believed adequate for industry demands over the coming year.
MENTIONED IN THIS ARTICLE
Socony
Gold Medal Haarlem O11 Capsules Aid Kidney Bladder
Ad touts Gold Medal Haarlem O11 Capsules as a quick acting diuretic and stimulant for kidney and bladder weakness. Claims relief from shooting pains puffy eyes backache and swollen ankles and urges insisting on the original genuine box with gold medals of merit.
MENTIONED IN THIS ARTICLE
Haarlem
Boerhane
Gasoline Prices Rise Amid July 4 Preparations in Tulsa
Refinery outlets in Oklahoma and North Texas posted higher prices for motor gasoline as demand and summer travel drive local markets. No. 1 and No. 2 fuels plus industrial oils show varied gains with rates listed in tank car to plant rosters, reflecting a robust midwest trading pattern.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
U. S
Middle West
F.o.b
Oklahoma
Texas
Amestic Fuel
Total oils stocks decrease in April as demand slips
The Bureau of Mines reports a 2,290,000 barrel drop in total stocks of all oils for April. Supplies stand at 556,757,000 barrels, 131 days of requirements, down from 559,047,000 barrels and 136 days in March. April stocks are 1,324,000 barrels higher than a year earlier with total demand down to 127,053,000 barrels, including 8,408,000 barrels exported.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Mines
Daily Radio Schedule Highlights and Programs
A detailed Wednesday schedule lists 5 000 watts day and 1 000 watts night on 1440 Kce with programs from 6:00 AM to 12:15 AM. Highlights include The Sky Pilot Farm News Morning Melodies NBC shows like Ma Perkins Vic and Sade The Guiding Light Backstage Wife Stella alias Lorenzo Jones Young Widder Brown The Home of the Brave Portia Faces Life Jerry Sears Strings and musical variety segments from 1930s stations.
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The
Sky Pilot
Farm News
Farm
the Trading Post
Breakfast Club of the Air
NBC
News By
Air
Clark Dennis
James L. Gordon
Amarillo
Pepper Young
Lone Journey
David Harum
Alt
Sam
Fari
Homé Rour
Harry Breuer
Altr
Winatop Duzzit
W. Lee O'Daniel
Ma Perkins
Vic and Sade
Stella Alias
Lorenzo Jones
Young Widder Brown
Portia
Life
Jerry Sears
Army Camp News, LLC
Douglas
Town Crier
Texas Rangers
News Oy
Howard and
Shelton
Porene
Gerald Mann
Fred Waring
Byron Dunbar
Harry James
Lou Breese
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cbs-Dixie
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Cbha
Weat
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Mbe
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Chicagoans Orchestra
Cha-Weat
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Joe Kelly
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