Market Leaders Slip Downward Amid Hesitant Trading
New York stock markets opened with slow, fractional declines as leaders edged lower. The Associated Press index of 60 stocks fell 0.1 to 40.2 while total shares traded dropped from the previous day. A rise in Jones & Laughlin steel preferred drew note on a quiet floor amid rumors of dividends. Roosevelt’s remarks on Europe and Japan did not move prices.
MENTIONED IN THIS ARTICLE
Associatec Press
Indust Rails Oul
New York
Associated Press
Jones & Laughlin Steel
Roosevelt
Japan
New Boston Wool Market Sees Quiet Week and Cautious Trading
Boston reports a notably quiet week in wool dealings with steady prices. An announced 50,000 bales of Australian wool offered for import from reserve stock sways opinions, while Texas sales range 42 to 42.5 cents for fine 12 months wools. Consumption remains strong with 78,676,000 pounds greasy equivalent in April. Rumors of Army cloth demand and civilian rationing influence activity. Mohair remains quiet but steady as quotes for various combing grades and pulled and scoured wools are published.
MENTIONED IN THIS ARTICLE
Boston
Commercial Bulletin
Texas
Bulletin
Montana
Delaine
Cattle Hogs and Sheep Trading Steady to Higher in Omaha Sale
June 6 Omaha market report shows cattle sales 700 head, steers up to 115 cents higher with top $10.25 for loads over 1,125 pounds, cows and heifers steady, hogs 1,600 salable with top $9.30 and loads 180 to 270 pounds at $9.15 to $9.30, sows to $8.85, sheep 1,200 with fat lambs steady to higher and native spring lambs around $12.10 to $12.25, wooled feeding lambs $9.25, native feeders $10.00.
MENTIONED IN THIS ARTICLE
Omaha
USDA
California
Foreign Exchange Rates and Premiums in New York
June 6 reports show buying and selling premiums for the Canadian control board at 10 and 11 percent respectively. The Canadian dollar in New York opens at 115 percent discount or 88.374 U S cents, while Great Britain rates run at 4.02 buy and 4.04 sell with open market cables at 4.03 percent. Germany rates list 40.05 nominal and 20.25 benevolent.
MENTIONED IN THIS ARTICLE
Foreign Exchange
New York
Great Britain
Canadian Control Board
U. S
Bankers Foreign Exchange Committee
Germany
Chicago Potatoes Market Report
Chicago market report shows arriving 124 and on track 188 potatoes with total U S shipments 1111. New stock is light and demand weak with unsettled prices. California Long Whites priced at 2.40 and 2.45 for U S No 1. Alabama and Louisiana Bliss Triumphs range around 1.90 to 2.45. Minnesota North Dakota Cobblers and Wisconsin Round Whites noted with varied pricing.
MENTIONED IN THIS ARTICLE
Chicago
USDA
U. S
California
Alabama
Bliss
Louisiana
Minnesota
North Dakota
Wisconsin
Wool Futures Steady as Short Covering Edges Market
In New York on June 6, cover shorts steadied wool top futures while spot demand pushed grease wool higher. Grease wool futures closed up 0.1 cent, with December at 94.6 bid. Top futures rose 0.5 cent to 0.4, with July 128.2, October 124.6, December 123.2 bids. spot tops at 130.5 nominal.
MENTIONED IN THIS ARTICLE
New York
Shorts
Sugar Market Report On Sugar Demand In New York
Sugar demand for 4.95 cent refined sugar was reported fair today in New York. The brief bulletin notes market activity and price level as of June 6.
MENTIONED IN THIS ARTICLE
New York
Seattle Produce Update Keeps Butter Cheese and Eggs Stable
In Seattle on June 6 prices for butter cheese and eggs remain unchanged with no immediate market shifts reported. Local traders cite steady supply and consistent demand as contributing factors to the stability.
MENTIONED IN THIS ARTICLE
Seattle
Real Bullets May Be Used in Army Maneuvers
Army officers discussed informally the possibility of using a few live bullets in mock war to train caution. They argued even one real bullet in 10,000 could heighten realism and safety, noting some nations use higher live-bullet ratios in training exercises.
MENTIONED IN THIS ARTICLE
Hunter Liggett
Calif
Japan
Germany
Flour Prices and Shipments Reported in Minneapolis
Minneapolis report lists flour carload lots per barrel in 98 pound sacks with family patents unchanged at 6.55 to 6.75 and standard patents at 5.25 to 5.45. Shipments total 23 375. Bran price 19.00 to 19.50. Noted mention of orchid tea used as a cold remedy in Venezuela.
MENTIONED IN THIS ARTICLE
Minneapolis
Bevin Says U S Will Join War After 1942 Struggle
London June 6 Labor Minister Ernest Bevin told Wimbledon that Hitler concedes Britain cannot be conquered before 1942 and that by then the United States will enter the fight in force. He added he does not believe Britain will fall to the Nazi. Mexico marks Mother’s Day with national prizes for most prolific and oldest mothers.
MENTIONED IN THIS ARTICLE
London
Ernest Bevin
Wimbledon
Adolf Hitler
Britain
United States
Mexico
Steer Trading Is Held Steady in Chicago Market
Salable cattle and calves total about 1 300 with steers steady as big packers take mostly 710.85 to 710.85 per hundredweight. Yearlings rise to 11.25 in odd lots. heifers steady to 10.50. cows and bulls weak 10 to 15 cents lower. Salable sheep 3 000 with spring lambs up 25 cents, best 97 pound fed shorn lambs 10.25. ewes at 3.50 to 4.50. Hogs 8 000 total, weights 240 pounds and under up to 10 cents higher. heavier jars uneven. Prices quoted for various weight ranges.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Livestock Market Report South St Paul June Cattle Hogs and Sheep
Cattle salable 3 700, total 3 900 with cows 6 7 75 and steers maturing. yearling steers and heifers in broad demand. Hogs active with top 9 30 and various weight ranges noted. stockers scarce. Sheep light supplies, prices up slightly with good to choice shorn lambs around 9 50 to 12 25 and ewes 3 50 to 4 50.
MENTIONED IN THIS ARTICLE
South St. Paul
USDA
Denver Live Cattle and Hogs Market Report June 6
Denver cattle and hog prices show modest gains with limited offerings. Calves and vealers decline slightly while hogs rise with top butcher prices near 9.60 and typical lots selling around 9.40 to 9.60. sheep volumes steady with early spring lambs advancing to around 12 dollars.
Butte Hog Market Quotes Range by Weight Class
Hogs in the Butte market were priced by weight: 160 to 200 lbs at 9 1/2 cents, 200 to 225 lbs at 9 cents, 225 to 250 lbs at 8 3/4 cents, 250 to 275 lbs at 8 1/2 cents, 275 to 300 lbs at 8 1/2 cents, 300 to 325 lbs at 8 cents, 325 to 350 lbs at 7 1/2 cents. Extra heavy sows and stags quoted from 5 to 6 cents.
MENTIONED IN THIS ARTICLE
Butte
Metal Prices in New York steady across multiple metals
Metal markets show copper steady with spot and CT valley quotes around 12 cents. Tin rises to 52.62 cents with forward 52.50. Lead remains near 5.85 to 5.90 cents. Zinc holds at 7.25 cents. Pig iron aluminum antimony quicksilver platinum and certain ores unchanged.
MENTIONED IN THIS ARTICLE
New York
Connecticut Valley
F.a.s
East St. Louis
Curb Irregular and Higher in Moderate Trading
Curb stock prices showed irregular gains in moderate dealings. Sherwin Williams Paint Puget Sound Power and Light 6 preferred led advances while Electric Bond and Share 6 preferred fell over a point. Beech Aircraft Gulf Oil and Eagle-Picher remained firm, with Fairchild Engine New Jersey Zinc and New York Shipbuilding shares lower.
MENTIONED IN THIS ARTICLE
New York
Sherwin Williams
Puget Sound Power and Light
National Power and Light
Gulf Oil
Beech Aircraft
Eagle Picker
Fairchild Engine and Airplane
New Jersey Zinc
New York Shipbuilding Founders
Wheat Futures Rise After Government Loan Rate Move
Wheat futures edged higher after government loan rate announcements but closed well below the new grain collateral value. July to September contracts traded near a dollar per bushel, with corn and soybeans also up amid rains in the Southwest and mill support.
MENTIONED IN THIS ARTICLE
Chicago
Cattle Hog and Sheep Prices Steady in Sioux City Market
Sioux City reports cattle salable totals around 500 and calves 10 with most slaughter classes active and firm. top fed steers nearly $9.75 to $10. medium shorts under $8.50. beef cows to $778. hogs active with tops around $9.30 and weights 180 to 370. sows to $8.90. feeder pigs $9.00. sheep totals 500 with load of good lambs around $9.75 and natives $12.00 to $12.25. ewes $4.00.
MENTIONED IN THIS ARTICLE
Sioux City
USDA
Chicago Produce Prices and Receipts Summary
Chicago June 6 butter receipts 1 305 099 steady 90 central ized carrots 34 4¢ other prices unchanged Eyes receipts 31 217 easy fresh graded extra firsts local 244 c cars 24% ec firsts cars 24% ec dirties 22% ec storage packed firsts 24'sc price notes indicate steady market with varied carrot and eye products and unchanged overall levels.
MENTIONED IN THIS ARTICLE
Chicago
Portland Grain Futures and Cash Grain Prices
Futures close September at 86c. Cash grain quotes include oats No. 2 38-lb white 28.25, barley No. 2 45-lb B. W. 28.25, No. 1 flax 1.80. Cash wheat bids: soft white 85c, soft white excluding Rex 86 2, white club 86 14c, western red 86c. Hard red winter ranges 90c to 97c by grade and percentage. Baart grades for hard white 12 percent 1.09, 13 percent 1.11, 14 percent 1.13. Car receipts show Wheat 27, oats 1, flour 10, millfeed 10.
MENTIONED IN THIS ARTICLE
Sonveenet Int. T. & T. Bli
Kennecott
Kroger Groc
Myers
Lone Star Cem
Louisville G
Eoasedieesabiai Baianey Oes
Mid Cent
M. E. T. Pfd Atewee
Margery Ward
Murray Corp
Nash Kelvin
Ae AF Eetaeewenewnenne
N. Y. Central
N. A Aviation
Aves
Amer
Pers
Pac. Ry
Ohio Oil
Pac
Gas-Elec
Pacific Light
Packard Motor
Cnaeemeerarterere
Teeeapenenteersee
Park Utah Min
Penney
J. C
Penn
Petro. Corp
Phelps Dodge
Phillips Pet
Proctor Gamba
Pullman Seneeeenn
Radio Corp
Keith O
Rem. Rand Nee Eee
Safeway
St. Joe Lead Waders Rene
Seab’d
Sears Roebuck
Shell Union Oil
King Coal
P. R. Sugar
Cal, Edison
So. Pac. Ry
Southern Ry
Oil N
Stewart Waens
Besreeret Studebaker
Sunshine Min
Swift & Co
Secessees
Texas Corp
U.S
U.S Steel
Vicks Chem
Western Union
Westinghouse
Wilson
Woolworth
Worth
Pump
Rae
Portland
B. W
Highways May Be Landing Fields
Washington reports that a national defense highway bill proposed by President Roosevelt would authorize emergency landing strips along U S highways. Senator McCarran notes Germany uses the idea and expects rapid development after authorization. Southern Rhodesia may build a plant to produce 3,000 gallons daily of ethyl alcohol from surplus crops and waste.
MENTIONED IN THIS ARTICLE
Washington
United States
McCarran
D-Nev
Roosevelt
Germany
Southern Rhodesia
Also Mentioned on This Page
News of the Market and Financial World
New York Security Exchange
Alaska Juneau
Allied Chem
Allis Chalmers
Amer. Can
Amer C & F
Am. Com
Crys Sgar
Am. Loco
A.P.L
Steel Fury
Ty Am
Wat
Wks
Atchison
Baldwin
Eateensedeerreee
B. & O Oeaeneeweneeseene
Bridge Brass
Briggs
Budd
Treasury
J.I
Repub Sts
Nennee
Tex Corp
Edison
Utah L & Tract
Consol
Utah Pow & Ltds
West Unis
Sh & T Co
Canada
Curtis Wright
Deere Co
Detroit Edison
Doug
Seeaeeseanesness
Dupont
Eastman
West Sugar
Greyhound
Holland Furn OA
Montana Stock & Bond Co
Basin N Goldfields Ltd
Mont Tunnel Co
Cop Coas
Fae Highlands Mining
Han Consen
Uahan Zinc
Coeur d'Alene
Corp Trust
Eureka Bullion
Golconda Lead Mines
Golden Messenger
Golden Grandview
Jack Waite
Jardine Mining
Josephine Ane
Xington
Talline Ming & Leas
Iontana Power Pfd
Morning Glory Mines
Cow Silver
Mountain City Copper
North Butte
An North Aea
Polaris
Arterly
Standard Silver
Sunshine Consolidated
Walker Mining
Wool Futures
Venezuela
Denver
Salt Lake Mines
United Press
Salt Lake City
Alta Tun
Naildriver
Bing Mtis
New Park
Cardiff
Quincy
North Lily
Ohio
Park Bing
Com Mtis
Pk C Con
Croff Wy
Park Ness
East Stan
Park Prem
T Coal
Utah
Plumbie
East Utah
Tin Central Me
Horn
Keystone “A
Victor Con
Mamoth
Walk Min
Moscow
Wilbert Zuma
MC Cp
J. A. Hogle and Company
Montana Power
Alum Co
Humble Oil
Mont City
Nia Hud
Niles Bem
Phoenix Sec
Avia Teenneenn
Seiberling A
Tte Eee
Sher Wil Sneeeanew
St Oil Ky
Franklin Mullin
Little Annie Rooney
Captain Robert
BY Brandon Walsh
Zero
Robert
Dad
Mother
Portland Grain
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