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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Aug 11, 1941
Page
6
New York brokers report a continued downtrend as hedging season nears, inter national tensions, better weather, and delays on a freezing measure weigh on markets. Futures end 21 to 23 points lower with October around 16.11 and July near 16.34.
U S Department reports moderate activity in fine and half-blood territory wools in Boston. Prices unchanged from last week with few sales closed for three-eighths and quarter-blood grades. Bright fleeces are slow with some wools offered at 45 46 cents in the grease. fine de laine brings 41 43 cents in the grease.
Los Angeles on August 11 reports butter receipts at 180400 pounds cheese 27300 pounds and eggs none. Butter listed in bulk 3714 pounds and candled eggs top line 37 dozen large eggs 341 gross medium 341? plus small eggs 25 dozen.
Chicago grain market eased after last week's climb with profit taking in wheat and corn. Weather effects and rain showers pressured corn while domestic wheat stocks rose to 210,611,000 bushels, possibly surpassing the 236,000,000 peak set in 1931. Wheat closed about 1 percent lower. corn and oats also fell amid cooler forecasts and rains.
Metals news notes steady prices in New York and national markets. Copper near 12.00 for spot Conn Valley, tin 53.00, lead 5.85-90, zinc 7.25, pig iron varied by region, aluminum virgin 17.00, antimony 16.50, quicksilver 190.00, platinum 36.00, Chinese wolframite 25.00-26.00, domestic scheelite 24.00.
Bar Silver at 34 percent in New York remained unchanged. A 1940 transit note cites about 48,000 passengers between Havana and Miami, averaging nearly 130 daily and occasionally 10,000 in a year.
Market report shows hog receipts around 3 000 with steady to 10 cents higher than Friday’s avg, top at 11.15 for 180 240 lb pigs. Cattle and calves total 13 000 and 1 800 with steady to strong tone for light weight fed stock and steadier cows while bulls rise a quarter. Sheep volumes light with early lambs steady to weak around 10 50, best above 10 75.
cattle and calves abundant with overall prices 15-25 lower on medium and heavy steers. top light steers at 12.50, most heavy offerings 11.75-12.25, long-fed steers and fed heifers 11.00-12.00. Sheep and hogs show varied but steady to lower trends, with lambs around 11.25-11.65 and sows 9.25-10.50. Bulk vealers steady at 13.00 and down. cutters and bulls quoted to 9.25.
The market shows hogs with 1,400 head salable, with price gains up to 15 higher and top 12.60 on an 198 lb Utah load. Cattle salable 2,800 with steady to slow open, mixed weights selling 11.35 to 12.00 for steers, 11.25 for good fed heifers, cows 7.25 to 8.75, canners 5.00 to 7.00, bulls 8.50 to 9.25.
Cattle salable 3200 with calves 250. fed cattle and steers traded mainly steady to firm. Hogs salable 2300 with good and choice weights 184 to 240 pounds at 11.35 to 11.50. sows 9.00 to 10.00. Sheep salable 9200 with strong demand noted for Colorado spring lambs at 11.60.
Noon rates show Canada official control board buying at a 10 percent premium and selling at 11 percent. Canadian dollar in New York open market trades at 88.93 U.S. cents, down 0.0625. Britain’s rates hit 4.02 to 4.04 dollars, Hongkong 25.37, Shanghai 5.00, with 1941 highs and lows noted for several pegs.
Thunder showers diminished in the northern Rocky Mountain region and Texas and New Mexico but continued with little change over the western states. Arizona and New Mexico remain partly cloudy with scattered showers and thunderstorms. West Texas shows scattered showers and thundershowers with cooler Panhandle conditions. Southern California cloudy today, clearing by noon, with slight drizzle and continued below normal temperatures and light winds.
New York stocks showed few gains as the market lingered in doldrums for a 12th straight session with sluggish deal activity near 450 000 shares. Leading issues such as U S Steel Bethlehem Chrysler General Motors and AT&T lagged while others like Santa Fe Pennsylvania and Sears Roebuck rose at intervals amid mixed commodity signals and talk of war and policy shifts.
A Fort Custer rifle range session yielded excuses for poor shooting as a private John Scott Brown weighing 14 ounces and pounds reported for active duty. The telegram unsettled the marksman, signaling the distraction behind misses.
Sealed bids must be received by 12:00 noon August 15 for additions and alterations to El Rio Grade School in Tucson Arizona. Bids read aloud at the architect James Macmillan 537 East Third Street. Plans may be viewed in Tucson or obtained for 25 dollars with a 5 percent bid bond required.
The Board of Trustees of School District No. One, Pima County Arizona, adopts a 1941 prevailing wage scale for public works as certified by the Industrial Commission of Arizona. Contractors must post a 100 percent bond within five days of award. bids may be rejected or held for 30 days. first publication Aug 5 1941.
A stream of short notices advertises discounted steel window sales and furniture trade ins. It lists Thrifty Furn entire catalog and Hubbard's Greenhouses buying discarded items. Job ads seek curb girl waitress and a grocery clerk. Lost brown leather briefcase with field books offered reward.
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