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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Aug 14, 1940
Page
7
Market summary from Kansas City shows hog salable 2 500 with decent activity. Tops reach 6.60 for 180 250 lb hogs and 6.45 6.55 for 260 300 lb. Cattle and calves supply 1 600 and 360 respectively with grain fed steers firm. Sheep demand weaker with spring lambs about 25 lower and various regional lamb prices listed. Dow Jones closing averages accompany the report.
Chicago price action shows wheat off about a cent and corn down around a half to one percent. Traders cited new wheat movement in the Northwest and favorable belt weather shaping hedging activity. Argentina's exportable surplus and a shift to government loan storage weighed on the grain pit.
Los Angeles market report lists butter receipts 77,500 pounds and cheese 21,600 pounds with eggs not available. Butter bulk price 0.2914 per unit and candled large eggs 0.28, denominums 0.25, smalls 0.17 per unit.
The U S Department of Agriculture report shows hogs salable 250 to 400 plus, cattle 250, calves 150, sheep 50 in Texas and Denver markets. Slaughter grades steady, hogs mostly steady with some higher spots, cattle and calves varied but near week’s highs, dairy cows occasional higher, sheep lambs steady to lower with spring lambs around 8.00 to 9.25 in Colorado.
Salable hogs 11 000 total 13 500 opening steady later trade weak to 10 lower top 6 85 bulk good and choice 200 240 lbs 6 50 80 240 270 lbs averages 6 25 70 270 300 Ib butchers 5 90 6 35 some 300 330 Ib averages 5 75 6 00 smooth packing sows 330 Ibs down mostly 5 50 75 360 450 Ib kind 4 90 5 35 extreme weights 4 75 and below. Salable sheep 4 000 total 6 000 late Wednesday's few early sales natives 9 65 75 most supplies late 9 25 50 trade practically no trading on spring lambs bidding 50 75 lower or 8 75 natives held around 9 00 yearlings around 25 lower sheep scarce steady three decks light weight medium yearlings 7 25 fat native ewes 2 75 3 50. Salable cattle 5 500 calves 1 000 top 12 45 next highest 12 40 numerous loads 11 50 12 00 best long yearlings 12 00 845 lb heifers 11 50 new high on crops stock cattle in negligible supplies country demand broader however heavy cutter cows to 5 75 up to 7 50 paid freely for heavy sausage bulls few outstanding offerings above 7 50 dealers 11 50 75 very few 12 00.
On August 15 importers noted moderately active but spotty demand for domestic wools in Boston. French combing length gens and fine territory wools in original bags sold mainly 82-84 cents scoured, with some 80-82 cents. Country packed bright fleece wools traded sporadically at 38-39 cents grease delivered to mills.
New York August 15 stocks rose briefly as steels and motors led a selective rebound amid easing war fears. Transfers traded about 200000 shares. top prices eased by close. Rail shares mixed. armament spending and strong earnings kept long term bullish tone amid cautious near term outlook.
The British free pound falls 0.44 cent against the U S dollar while major European currencies and the Canadian dollar hold steady. Rates listed include Great Britain at 4.02-4.04 dollars, with spot cables noted and various international currencies shown.
In New York July demand remains modest with light outside interest and hedge selling. Limited trading keeps futures only 2 points higher to 2 points lower across nearby months. last quotes show August 9.29, December 9.26, January 9.15, March 9.14, May 8.94, July 8.75 with middling spot at 10.01.
Anaconda and Cerro de Pasco post strong percentages while Butte Cop and Zinc, Consolidated, Inspiration, Kennecott, and Newmont report varied figures. Total sales today reach 5,700 with several firms quoting around mid to high twenties in share performance.
Silver in New York trades at 34 percent purity, unchanged from the prior quote, with market noting no price movement and steady levels for the day.
Gov R T Jones will again be the speaker at the second annual Randolph birthday celebration honoring Epes Randolph builder and general manager of the Southern Pacific of Mexico. The event is organized by former Randolph lines employees in Randolph, with Jones previously delivering the keynote last year.
Inspection of about 10 dwellings damaged by Tuesday flood waters was to begin today, city building inspector E. D. Herreras said. Undermining of foundations caused walls to crack and in some cases walls collapsed.
Copper steady in spot and export markets with 10.75 to 11.00 in Conn Valley. Tin held at 50.87 spot and near terms with forward 50.30. Lead stable at 4.75 to 4.80 in New York and 4.60 in East St. Louis. Zinc steady with East St. Louis spot and forward at 6.50. Quicksilver priced at 185.00. Pig iron aluminum antimony platinum Chinese wolframite and domestic scheelite unchanged.
The U S weather bureau notes showers in the Southern Rockies with minimal temperature shifts. Forecast shows fair to partly cloudy conditions across Arizona New Mexico Southern California West Texas with isolated afternoon and evening thunderstorms in mountains and central areas. Temperatures largely hold with slight warmup in parts of south central Arizona.
Crossword clues list many short items. answers span Greek letter to distress signal and more. concise puzzle prompt with eight entries across and down.
A fragmented listing shows a radio schedule with times and programs including European Survey on KVOA at 10 45 10 50 H Harding and My Son and I serial on KTTE at 11 45. The fragment mentions Aunt Jenny and R Friml orch and Our Half Hour on KVO.
Red white and blue cotton cards are issued to final county farmers under the county A A A committee guidance. White cards mark planted allotment with no carry over penalty cotton and allow market without penalty. Red cards go to over planted or carry over penalty cotton with quota free of penalty. Blue cards cover two cent carry over penalty cotton marketed with the farm. Marketing quotas rely on normal yield plus carry over penalties. Producers use Cotton 422 form to record production.
Funeral services were held Wednesday in the Arizona Mortuary Chapel for William J. Cribbs 44 who died Monday in a local hospital. The American Legion led the rites with music by Mrs L A Lohse. Burial was in Evergreen cemetery. A native of Pennsylvania he had lived in Arizona seven years. He leaves his wife Johnnie Cribbs and a brother James E Cribbs of Springfield Missouri who attended the services.
Small ads cover bicycle repairs lawn mowers carpentry car sales and home rentals. Offers include new and used bicycles, pick up delivery, florists and greenhouses, car cleaning, apartment shares, rooms for rent, a mortgage loan ad, roofing and insulation services, and investment notices. Several phone numbers and street addresses indicate broad local variety.
The Corps Cadet Brigade sponsored by the Salvation Army Recon branch earned 98.5 marks in proficiency, leading Arizona New Mexico and portions of Colorado Texas and California during January to June 1939. Geneva Drake led Tucson with 600 of 600 possible marks. members include Velva Alexander Maxine Dern Frances Gibson Naoma Amalong Gladys Endicott Herbert Weaver Charles Weaver Frances Weaver Betty Jean Keller and A J Morningstar.
City of Tucson Mayor and Council plan to amend Ordinance 647 changing Lots 1–6 Block 3 and Lots 9–16 Block 22 Feldman Addition from Class A to Class B Residence. Hearing set for September 3 1940 at 8 p m in City Hall Council Chamber. Issued by City Clerk Charles C Irvin August 6 1940. Pub August 15 29 1940.
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