Wall Street Closes With Tepid Rally After Downturn
The New York market halted its slide as short-sellers eased off and a late session rally formed, lifting some motors, aircrafts, steels and other key issues by one or two points from session lows. Volume reached 664,300 shares as concerns over earnings and buying prospects kept many leaders under pressure. Standard Oil of New Jersey rose on expectations of about $3 per share earnings for the first half, while bonds and commodities also declined.
MENTIONED IN THIS ARTICLE
New York
U. S. Steel
Bethlehem
Youngstown
Douglas
United Aircraft
U. S. Gypsum
du Pont
Eastman
Johns Manville
American Can
American Smelting
Phelps Dodge
American Telephone
Union Pacific
American Woolen
International Paper and Public Service
N. J
Standard Oil
Kansas City Livestock Market Roundup June 5
Cattle hogs and sheep totals and sales activity noted across Kansas City and New York markets. Hogs at 2,500 head with bids weak to 10 lower, sows up to 10, cattle totals around 2,400 with steadier openings, vealers and yearlings mixed, stockers scarce, lamb bids lower but with firmer asking prices. CURB MARKET listings and wool markets show activity, with New York wool futures up late and Boston wool prices firm on country-packed wools.
MENTIONED IN THIS ARTICLE
Kansas City
USDA
Boston
Open Fight Against The New Hatch Act
The judiciary committee urged extension of the Hatch Act to state employees funded partly by federal money. Opponents blasted federal overreach, arguing it erodes states rights and shifts political coercion from local to Washington authorities. The report included strong quotes about federal power and state sovereignty amid Bills and bond yields noted in the same dispatch.
MENTIONED IN THIS ARTICLE
Washington
House
Judiciary Committee
Sumners
Texas
Germany Launches Major French Front Offensive
Paris reports a dawn Allied invasion of France by German forces beginning at 4:04 a.m. with heavy artillery and air support targeting Amiens and the Ailette canal as Paris and Laon areas face intensified bombardment. Britons and French vow to resist. Russia and Allies may seek co operation in the Black Sea and eastern Mediterranean.
MENTIONED IN THIS ARTICLE
Reynaud
France
Paris
Amiens
Ailette Canal
Laon
Soissons
Berlin
London
Kremlin
Black Sea
Mediterranean
Italy
Belgium
Hitler
Fuehrer
England
Churchill
Britain
Friedrichshafen
Europe
Germany
House of Commons
United States
Flanders Batte
Somme
Aisne
Seine
Somme-Aisne
Army Committee
Chamber of Deputies
Paul Reynaud
English Channel
Chemin Des Dames
Dunkerque
Flanders
Holland
Somme- Aisne
la Fere
Anzy-le-Chateau
Chauny
Poland
Norway
Western Front
Low Countries
Abbeville
Aisne and
Oise
Ailette
Aumale
Bresle
Longueau
Coucy
Aisilette
Craonne
Ailette River
Anizy-le-Chateau
Rhone
le Havre
Munich
Frankfort
Air Ministry
Ruhr
Plan to Tax Revenue Boost Faces Five Year Limit
The Ways and Means Committee considers retaining a 10 percent income tax increase for five years while broadening the base to add thousands of earners. The plan aims to fund a four to five billion dollar debt increase for defense, with Republicans urging broader revenue reform and budget cuts. Albuquerque meeting of five New Mexico production credit associations discusses debt limits and how to finance the boost over five years.
MENTIONED IN THIS ARTICLE
Congress
Committee
Doughton
D-Nc
Ways and Means
Albuquerque
N. M
New Mexico
Production Credit Corporation of
Wichita
Ran
J. L. Mullendore
Chicago Produce Market Report June 5 Summary
Chicago prices held steady for butter at 1,144,501 pounds and eggs at 43,239 dozens. Poultry movement was weak with 39 live trucks noted. average weights showed spring varieties easier, with hens over five pounds easing. Plymouth Rock and White Rock strains listed at 26 cents.
MENTIONED IN THIS ARTICLE
Chicago
Plymouth Rock
White Rock
Copy Me To Pronto Office Hours
A brief notice offers to send a copy on request and notes office hours extend to 7 30 pm on weekdays with Sundays and holidays excluded.
Conn Faces Heavyweights After Last 175-Pound Bout
New York reports Billy Conn likely to retire from 175 pounds after tonight's expected clash with Gus Lesnevich. Regardless of result, he plans to pursue heavyweight challenges. Also notes Maki's American tour earnings for Finnish relief, Terry's Giants tenure anniversary, and various sports and cultural items from the period.
MENTIONED IN THIS ARTICLE
New York
Billy Conn
Gus Lesnevich
Taisto Maki
Bill Terry
Giants
Bill McKechnie
U. L
Colorado School of Mines
Dean Theme Song Heigh Ho and Comeback Reminder
A playful verse voices Dean Theme Song with repeated Heigh Ho lines and a vow to return. It references Blue Ridge Mountain pronunciation and a stated percentage claim about a fact or stock.
MENTIONED IN THIS ARTICLE
Dean
Blue Ridge Mountain
Also Mentioned on This Page
Wall Street
Alum Co Am
Ark Nat Gas
Bliss
Carrier Corp
Cities Service
Con G & E Bal
el Bond & Sh
Fairchild Av
Hecla Min
Humble Oil
Ning Hud
Pender Grill Rustl I& S
Jly
Chicago Grain
New Orleans
Adams
Alaska
Alleg
al Chem & Dye
Alco
Crystal S
T&t
T&s FP
Aviat Corp
Bendix Aviat
Boeing Airp
Borg-Warn S
Briggs
Chrysler Corp
City
Ice & F
City I & F
Colg-Palm-P
Colum G & E
Crosley Corp
Crucible
Sil Lee
Curtiss-Wright
Doug Airc
Lana
Dow Chem Faig
Mills
Goodrich
Goodyear T & R
Gt West Sag
E.ee
Hershey
Howe Sound
Indus Ray
Interlake Iron al Taichi
Nick Can
Johns-Manvein
Kennecott Cop
Krog Groc
Miami
Montgom Ward
Nor Am
Nor Am Co
Nor Pac O
Ohio Oil
Saab
Owens Ill
Park
Utah
Penney Penn
Oe Lee
Phillips Pet
Radio Corp of
See
Rand
Repub
Seab Oil
Sears Roe
Shell UN Oil
Silver King Coalit
Simmons Co
Skelly Oil
Ely
Sperry Corp
Warnes
Stone & Web
Studebaker Corp
Swift & Co
Tex & Pac
Tex Gul Sul Tex Corp Ag
Tex Pac C & O Pe
Pine Ga
Tex Pac
Thatcher Mfg
Cy i
Vu. S. Bonds
Treasury
Fed Farm Mtg
Galveston
Trans & West Air
West el & Mfg
Woolworth (Fw
Worth P & M
Yellow Tr & Coach
Ereeneve
Sh & T
Maginot Line
Ham
St. Quentin
Clovis
Las Cruces
Roswell
Springer
Wat Disney Productions
Standard
West
Standard Oil Company OF Texas
Pronto
Railsback Furniture CO
Kennel Klub
Billy Brenner
Yakima
Wash
Babe Didrikson
Yanks
Kitzkriegers
Louisville Colonels
Knot
Shirley _Povich
Washington Post
Mississippi U
Gerald Walker
Senators
Tulane
Bonnet
America
Gai
Pabst
Streit the
Pabst Blue
Pabst Brewing Company
Milwaukee
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