Army size debates hinge on defense funds and equipment
The discussion centers on supplying what Congress deems necessary for defense. Funds would allow expanding the army to 2 to 3 million or more as gear and training facilities arrive, but no plan has been announced to exceed the 14,725,000 man force already being prepared.
MENTIONED IN THIS ARTICLE
Congress
Marathon ad wit and war oil talk in a hospital sign
A humorous wartime parody shifts from a hospital notice about unnecessary operations to Marathon oil slogans. The piece riffs on oil influence in war, gag signs at stations, and jokey boasts about Marathon motor oil while noting local figures like Ernie Emerson and Bob Fall.
MENTIONED IN THIS ARTICLE
a_ hospital
New Orleans Cotton Prices Open Steady Down Slightly
Spot cotton in New Orleans closed steady but 21 points lower. Sales reached 1,183 bales with middling price at 15.40. Canning Beets Andersons Gardens.
MENTIONED IN THIS ARTICLE
New Orleans
Axis Threatens War On the U. S.
Rome reports Fascist editor Virginio Gayda claims Germany and Italy will deploy all necessary forces to meet U S aggression. He asserts Roosevelt plans to exploit the Axis war against Soviet Russia and warns of retaliation if U S warships fire on Axis ships. Italy and its allies vow to defend their positions and fulfill pacts.
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Germany
Italy
United States
Virginio Gayda
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Artesia Lovington road closed by high Pecos water
The Artesia Lovington road is closed temporarily due to high Pecos River water from heavy rains and Alamogordo dam releases. The river was receding east of Roswell today.
MENTIONED IN THIS ARTICLE
Artesia-Lovington
Pecos
Highway Department
Alamogordo
Roswell
New York Stock Close Allots Wide Mix of Gains and Losses
Daily market wrap shows multiple issues moving in different directions with AmAirl at 41 3/4 and KroGro at 27 1/2 among many others. Key names include AT&T 156 1/8, Chrysler 56, USSteel 57 5/8, BoeingA 16 5/8, and Standard Oil variants trading across the board.
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New York
AmAirl
KroGro
AmCan
HollySu
Amc&f
Loew’ss
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Montgw
al AmMet
NatCash
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NatLead
Amstlf
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At&t
Noama
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Penney
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Psycnj
AviatCor
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BethStr
ReynTo
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ConCan
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Usgyp
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Usinda
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GenElec
Ussmel
USSmel 63 GnFood 38 1/4 USSteel
Wsunt
GenMet
WsAib
GtWsSu
Wse&m
Greyhc
Galveston Cotton Prices Steady at 15.20
In Galveston on July 16 the spot cotton market remained steady with mid-grade down 23 points, trading at 15.20 per unit. Total sales reached 150 units as buyers and sellers eyed modest shifts in the market.
MENTIONED IN THIS ARTICLE
Galveston
Wool futures rise slightly on New York market
Grease wool futures closed up .2 of a cent with Oct at 93.8B and certificated grease wool spot 93.5N. Wool top futures gained .5 to 1.7 cents. latest quotes include July 125.5B, Oct 122.5, Dec 121.0, and Mar 119.88. Certificated spot wool tops reached 128.0N amid nominal bids.
MENTIONED IN THIS ARTICLE
New York
Jly
New York Cotton Futures Close Mixed Lower on July 16
Cotton futures in New York closed 20 to 34 points lower with July at 15.55, October 15.70, December 15.73 80, January 15.82, March 15.84 85, and May 15.80. Middling spot traded at 16.35.
MENTIONED IN THIS ARTICLE
NEW York Cotton
New York
Jly
Congress Likes Wage Legislation Moves Forward
Congress continues work on price control plans as Henderson and staff finalize drafting. Opposition arose over lack of wage pegging, with some saying the bill omits wage controls. The president avoided committing to wage limits, saying he aims to keep policy in balance.
MENTIONED IN THIS ARTICLE
Price
Henderson
House
Boston Wool Market Holds Steady Prices In July Sale
Scattered sales closed today on finer wool grades in Boston. Twelve month Texas wools sold mostly at 1.05 to 1.07 dollars scour ed. Fine territory wools in original bags traded around 11.03 dollars scoured. Combing bright fleece wools of three-eighths and one-fourth blood grades quoted at 46 to 47 cents grease, largely nominal due to weak demand.
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Boston
USDA
Texas
Chicago Produce Prices Standings and Verbal Receipts
Chicago July 16 reports butter receipts at 1 162.525 with mixed scores and ranges around 33 3/4 to 33 1/4, unsettled egg receipts at 20 601 with checks 23. other prices unchanged. Poultry live market shows 39 trucks with steady balance, various weights for broilers and hens, White Rock and Plymouth Rock prices varying, ducks up at 4 1/2 lbs, and other prices unchanged.
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Chicago
White Rock
Plymouth Rock
Kansas City Livestock Prices Report July 16
Kansas City stockyards show hogs 2,000 salable with 10-20 higher on average, top 11.40 for 180-240 lb, 11.30-11.40 for 180-240 lb, sows 9.85-10.35, feeders 11.00-11.35. Cattle totals 3,700 with steer and heifer prices steady to strong, grass cattle firm, better grades up to 25 higher. bulls up to 15 higher. fed steers 10.00-11.25, Colorado fed heifers 11.75, 1065-1172 lb steers 11.50, grass cattle 8.25-9.75. Sheep 2,000, slow sales. lamb bids 25 lower, best over 10.75.
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Kansas City Livestock
Kansas City
USDA
Colorado
New York Treasury Bond Prices and Rates
New York July 16 close. Treasury 3 1/4s 45-43 at 106.23. 3 1/4s 46-44 at 107.27. 4 1/4s 52-47 at 119.13. 2 3/4s 59-56 at 110.23. Fed Farm Mtg 3 1/4s 64-44 at 107.1. Home Own Loan unquoted.
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N. Y. Bonds
New York
Treasury
Fed Farm Mtg
Wall Street Retreats As Investors Cash In After Rally
July 16 report shows stock prices slipping with many leaders trimming gains while turnover hit 635900 shares. Foreign events and US tax talk weighed on sentiment as Tokyo’s government resignation and Moscow Berlin tensions clouded the outlook. Bonds were uneven and commodities mixed with wheat and cotton moving in opposing directions. Aluminum Ltd Fruehauf Trailer and Humble Oil resisted the downtrend in late trading.
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Wall Street
New York
Wall
Moscow
Berlin
Washington
Roosevelt
Treasury
House
Ways and Means Committee
Chicago
Aluminum, Ltd
Fruehauf Trailer
Humble Oil
CHIC CHICAGO MARKET QUOTES AND GRAIN PRICES
The page lists Wheat Corn and Oats futures with July September December contract levels. Prices shown include Wheat July 1.93 1/4 1/8, Sep 1.05 1/04 7/8, Dec 1.06 1/2 5/8. Corn July 73 1/2, Sep 75 1/2, Dec 78 1/8. Oats July new 35, Sep new 3, Dec 38. Also page notes closing near term and New York curb market quotes for listed stocks and bonds ending with mixed figures like Ford Met Ltd 1 3/8 and Humble Oil 61 3/8.
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Chicago
Jly
CURB
New York
Alumno Am
Ark N Gas Pf
Bliss
E W
Carrier Corp
G & E Bal
Fairchild Av
Ford Met Ltd
Hecla Min
Humble Oil
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Special Clothing Service
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Yellowstone
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N. Main St
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