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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Aug 05, 1941
Page
7
Closing averages, furnished by Dow Jones & Co. via E. F. Hutton & Co., show index figures for rails utilities and industrials. Values listed include industry group levels and mixed numeric figures such as 128.17 and 30.60 for various sectors.
Chicago August grain trade saw wheat futures slip about a cent amid profit taking and cautious mood after rapid climbs to four year highs. Soybeans and rye fell. corn and oats mostly dipped with late session rallies lifting some prices. U S Army flour purchases supported early prices while railroad embargoes to Mt Clare and other terminals unsettled traders.
U S Dept. of Agriculture notes hogs 3 000 head salable with mixed demand and top 11.15 for 180 to 250 pounders. cattle 6 200 head with varied levels, top steers around 12.35 for 1100 pounds and grass cattle 9.50 to 12.10. calves 700 head light sales, cows 6.50 to 7.50 for grass fat. sheep 5 000 head slow with spring lambs bid down but some native lambs above 10.75.
U S Department notes salable hogs 10 000 cattle 7 000 calves 800 with prices varied by weight. Hogs mostly steady to higher for heavier weights and sows, top around 11 70. Cattle mainly 11 00 to 12 50 for steers with grasses 8 00 to 10 50. cows scarce steady, bulls up to 15. Sheep 2 000 total 4 500 with spring lambs steady to about 25 higher. natives around 11 40 to 11 25 bulk grades 11 25 up.
In New York the noon foreign exchange market shows the Canadian dollar at 88.8716 U. S. cents, up 0.21 cent. Great Britain at 4.02 bought and 4.04 sold per dollar. cables at 4.034%4, up 0.04. Argentine 29.77 official and 23.85 free, Brazil 6.06 official and 5.10 free, Mexico 20.70, Hong Kong 25.40. rates cited as spot cables unless noted.
A Boston market report states a fair weight of wools sold, mostly fine grade. French combing lengths and fine territory wools sold at $1.03 to $1.05 secured basis, original bags at $1 to $1.03, secured basis. Super warp and topmaking fine Australian wools sold in fair volume at steady prices versus last week.
Hogs salable 400 with steady demand and mixed quality 170-245 lb prices 11.50 to 12.25, top 12.40. sows 8.75 to 9.25. feeder pigs 12.00. Cattle salable 400 with few good steers and dairies lacking. feeders 7.50 to 8.60. cows 7.00-7.5. canners 5.00-7.00. bulls to 9.00. Calves 150 and stronger. vealers 14.00 to 14.50. Brahma calves 10.50-11.10. Sheep 150 and steady. good to choice to 11.00. yearlings 7.25. ewes 4.00 down.
Denver reports USDA figures showing cattle salable 1 100 and calves 50 with steady tone and few bulls bid. Hogs 400 salable, steady to 10 cents lower on some weights, beef cows 7.99 to 8.00, vealers 13.50 down, sows 8.75 to 9.75. Sheep 2,500 salable, strong demand with no spring lambs sold, Colorado spring lambs around 11.15 for Monday.
Copper steady in New York with spot at 12.00 and export 11.00 to 12.00. Tin flat at 52.75 spot and nearby with forward 51.75. Lead steady around 5.85 to 5.90 in New York and 5.70 in East St. Louis. Zinc steady in East St. Louis at 7.25. Pig iron aluminum antimony quicksilver platinus Chinese wolframite and domestic scheelite unchanged.
A poultry price listing shows items for sale including leghorns under two pounds and over two pounds with per pound rates, squabs dressed at 55 cents, rabbits dressed at 30 cents, leghorn hens at 17 to 19 cents depending on weight, soft breasted roasters at 25 cents, colored hens at 22 to 24 cents per pound.
Commonwealth Edison Co and subsidiaries report six months ended June 30 1941 net income of 16 833 311 equal to 1 32 per common share versus 15 754 682 or 1 28 a share for the first six months of 1940.
Consolidated Aircraft Corp earned 4.72 a share for the six months ended June 30 1941 versus 2.30 for all of 1940. The firm showed a spectacular output rise in the first half, producing nearly four times its total 1940 output.
Bethlehem reports a sharp second quarter net decline similar to U S Steel as higher tax provisions cut earnings. Taxes absorb 69 cents of every dollar earned before taxes, eroding profitability in the period.
Stockholders at a special meeting voted to approve a proposed merger of Celluloid Corp into Celanese Corp of America. The Celanese stockholders had already approved the plan.
Continental Oil Co. posts net income of 2,642,082 dollars for the quarter ended June 30, 1941, or 56 cents per common share, up from 1,007,842 dollars or 21 cents per share in the prior year’s June quarter.
The U S Weather Bureau reports afternoon and evening thunderstorms widespread across New Mexico and eastern Arizona with light precipitation.
Arizona reports considerable cloudiness this afternoon tonight and Wednesday with thunder clouds over higher elevations and some on lower elevations little temperature change. New Mexico sees partly cloudy conditions with scattered showers and little temperature change. Southern California notes high cloudiness decreasing into tonight and Wednesday with some fog patches Tuesday morning. West Texas forecasts partly cloudy conditions tonight and Wednesday with scattered thundershowers and little temperature change.
Los Angeles on August 5 reports butter 119600 pounds cheese 38500 pounds and eggs none. Butter in bulk 37 percent. Candied large eggs 37, medium 3314 and smalls 23.
NEW YORK Aug. 5 Spots of resistance appeared but many leaders retreated to moderately lower territory. Activity fluctuated with about 700000 shares traded. The market drifted toward a topping off phase amid sketchy news and restrained bullish sentiment. Major losers included Santa Fe Southern Railway Great Northern American Telephone and others. Bethlehem Steel General Motors Chrysler Texas Corp North American General Electric and J C Penney resisted the drift. Bonds and commodities remained uneasy.
Cotton futures fell sharply with futures down 23 to 28 points as liquidation pressures from New Orleans and southern sellers persisted. A late afternoon rebound signaled fair mill demand and stronger activity in Worth Street, while prices closed lower across contract months including Oct 16.75 and May 16.89 with Middling spot 17.24.
In peacetime roughly five percent of the U S Army enlisted strength is composed of medical department personnel.
Local classified items show furniture and appliance deals from several shops. Advertisers offer used furniture, washing machines, refrigerators, gas ranges, and heaters, plus yard plants and home services with contact numbers and addresses.
A reader provided a dense set of crossword clues with numbers and repeated word groups. The list covers multiple entries like front of the leg, scotch author, fossil resin, and various other standard crossword prompts including verbs, nouns, and adjectives. The text appears as a garbled puzzle clue catalog.
A cryptogram quotation states action is the proper fruit of knowledge. Yesterday's Cryptoquote credited Fuller and notes distribution by King Features Syndicate.
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