Wall Street Mixed in Tepid July Trading Declines Narrow Turnover
Stocks barely rose then fell back into a very narrow range with steels motors aircraft and shipbuilding shares advancing briefly before slipping. Transfers topped yesterday’s second smallest session in 18 years as volume reached 317 400. Wheat rose slight in Chicago while cotton moved down and sterling steadied.
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Wall Street
New York
American Can
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Phelps Dodge
Chicago
Kansas City Market Report Hogs Cattle and Sheep Prices
Kansas City price report shows hogs unevenly higher by 15 to 25 cents with tops at 5.80, cattle 2,500 salable with steer and yearling gains up to 15, fed cattle strong to 25, vealers steady, stockers scarce, grass and feeder cattle mixed, sheep open with yearlings steady to lower and best native springers above 10.50.
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Battle of the Western Alps Front claims by Mussolini
Reports from Rome quote Mussolini praising four days of hard fighting before the June 24 armistice. He describes Italian troops breaking through French defenses from Saint Bernard to the Rosa river, claiming eight to 32 kilometer gains and thousands of casualties amid a driving snowstorm.
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Chicago grain report prices slip and hold
Chicago July 2 close shows wheat at 75 1/8 for July and 75 3/4 to 75 5/8 for September and December. Corn at 60 1/4 for July and 57 1/4 to 54 1/4 for September and December. Oats at 31 1/2 for July and 29 for September and December with small spreads.
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New York wool futures steady as trades hold prices
Moderate demand from trade and commission houses steadies wool top futures in New York. Final prices show little change to modest gains with July at 94.9, December at 91.9 and 90.0 spots for standard tops. B bid.
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New Orleans Cotton Quiet With No Sales Reported
New Orleans cotton market closed quiet with no sales. Middling grade fixed at 10.75 cents per pound on July 2, with prices unchanged from prior levels.
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Galveston
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Chicago Produce Prices Jul 2 Chicago market report
Chicago prices show butter at 25 1/2 to 26 1/2 with 89 score creamery 25 1/2 and 90 centralized at 26 1/2. Eggs firmer for fresh graded firsts, poultry prices steady with varied weights for hens, Leghorn broilers, Plymouth Rock, White Rock, and geese, other prices unchanged.
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Italian Battle Report Describes Hard Bloody Fight
The report notes Italian infantry and artillery engaged in a fierce, bloody battle. It remarks that both Italians and foreigners should know the struggle was intense, stressing the harsh nature of combat and the visibility of heavy casualties.
Atwood Inspires With Founding Era Tribute
Col Atwood spoke stirringly on the birth of the United States detailing the sacrifices that forged liberty and praising Washington and Jefferson for the Revolution. He highlighted the Continental resolve in snow and bled feet as the nation’s enduring strength. Capt Gioscio joined as Kiwanis guest planning a transfer from Inglewood with Roswell ties. Bill Snelson of Roswell attended, Ed Harbaugh noted Kiwanis and Lions profits from a recent boxing tourney.
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Willkie names 12 member campaign advisory committee
Republican presidential nominee Wendell Willkie announced a 12 member advisory committee headed by Governor Harold Stassen of Minnesota. He said the panel would operate throughout the campaign regardless of final personnel and strategy. M. A. Crawford of Pecos Valley Packing Co. is in Wichita Kansas on business for a few days.
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M. A. Crawford
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Pecos Valley Packing Co
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