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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
May 11, 1940
Page
6
Stocks with war profits led early gains as steels and aircrafts rose to top marks. Later, selling trimmed advances and some losses appeared, closing uneven. About 600000 shares changed hands as nerves eased and European conflict drove demand for military material.
In Chicago on May 11 hog prices stayed near steady as sparse receipts and quiet trade limited moves. Weekly declines were modest with hogs down 10 to 15 cents, cattle mostly 25 cents lower, and demand described as about normal. Buffalo notes show similar mixed activity with modest weekly shifts across hogs cattle and calves.
Dow Jones preliminary closing averages show mixed results with industrials at 144.03, 65 stocks unchanged, and declines in rail and utilities sectors amid a quiet trading session in New York.
New York City hosts a State tournament after Fulton champions the local bowling event. Jett led with a strong showing as the team advances toward the state competition.
Inactive stocks yeeteng Produce reports sharp declines in tomatoes at commission houses from $2.00–$2.25 per 10 pounds to $1.65, with hot house tomatoes dipping less. Asparagus drops to $1.50 per dozen bunches, Florida potatoes quoted at $4.25–$4.50 a barrel, and regional markets show softening across produce. Other lines include steady oats and pork markets while dairy and poultry show mixed fluctuations.
New York wholesale market reports firm butter and firmer eggs with mixed color butter grades and prices fluctuating for cheese and whites. Meat and produce receipts show uneven activity, with potatoes weaker and a range of grain and flour prices indicating overall steady to firm market conditions.
The Gouverneur Dairy Board held at the St Lawrence Inn on Friday and kept cheese quotes steady at 43 cents per pound for wash cards and 12 ½ cents for State brand. Offerings rose by 500 boxes, with 4 216 boxes registered this week compared with 3 408 last week.
Washington May 11 the Treasury report lists May receipts 15 458 208033 expenditures 2 000 000 the balance shows 2 266 working balance includes 46 806 56 customs receipts for the month 7 520 051 535 for the fiscal year and related expenditures and debt figures noted.
The United States seeks neutrality while closely monitoring Curacao Aruba and Caribbean tensions. Officials report nearly 2000 Americans in the region and describe German ship actions including scuttling attempts and detention of German crews amid a wartime posture.
New York opens the 1940 World Fair with a festive, informal mood under balmy skies. Officials retreat top hats, nations display displays including Czecho Slovakia and Norway, while Soviet Russia and Germany show dwindling presence. The fair runs to Oct 2 with lower tariffs and more affordable food stalls.
May 11 at Brew Brothers store Joe Maroun Jr. presented a prize brook trout from the Tupper Lake area. The fish measured 16 1 2 inches and weighed 7 pounds 7 ounces, hailed as the season’s largest catch by the Dugper Lake Rod and Gun Club officials.
Washington May 11 officials urged a swift spread of war readiness with quick expansion of the regular Army and Navy. Senator Vinson said proposals for increased personnel and Navy ships would be considered next week. The Navy seeks funds to fortify harbors against submarines and boats, but some provisions were stricken from the naval supply bill.
Miss Eileen Murphy daughter of J F Murphy and Maurice J Raymond son of Mr and Mrs F M Raymond were married yesterday at the Church of the Annunciation by Rev James A Nolan. The couple will reside at 62 Second Avenue after a trip to New York. Mrs Raymond is Huon High School graduate and heads Ilion Chapter Ladies Catholic Benevolent Association. Mr Raymond a Ilion High School graduate and an inspector at Remington Arms.
Laverne Bender, 10, infantile paralysis victim, son of Mr. and Mrs. Ernest Bender of Clarence, died in Children’s Hospital of burns suffered when trapped in his father’s automobile fire. He had been paralytic since age five and used crutches and steel braces. a ruptured appendix a year earlier left him near death.
The Ogdensburg Cooperative Concert Association closes its annual membership drive tonight, following a dinner last Monday that marked the opening event. Carl Ledgard serves as association president as the fourth winter series proceeds.
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