Market Movement Opens Rally Amid Busy New York Session
The New York stock market rose at the open and then wavered with gains of 1 to 2+ points in rails steels and other leaders. Volume reached about 550000 shares as buying sketched a constructive tone aided by optimism on domestic business and tax conscription action. Prominent names surged including U S Steel General Motors Chrysler and AT&T while rail bonds led the bond market. Commodities followed stocks with wheat up and cotton firming late.
MENTIONED IN THIS ARTICLE
New York
Stock Department
Wall Street
Great Northern
Southern Railway
N. Y. Central
Southern Pacific
Santa Fe
U. S. Steel
Bethlehem
Chrysler
General Motors
Sears Roebuck
Montgomery Ward
United Aircraft
Douglas Aircraft
Glenn Martin
Bullard
International Paper Preferred
American Telephone
Westinghouse
du Pont
American Smelting
Chicago
Fine territory wools steady in Boston market
In Boston on August 30 fine territory wools in original bags sold at 86-87 cents per pound scoured for good French combing lengths and at 88 cents scoured for good French and staple lengths. Combing three eighths blood wools sold occasionally 75-78 cents scoured. Bright fleece wools 40-42 cents grease. Delaine bright fleeces 34-36 cents grease, estimated 90-92 cents scoured.
MENTIONED IN THIS ARTICLE
Boston
USDA
Territory
Livestock Prices and Demand in Los Angeles Market
Hogs salable supply 250 with demand limited yet sales steady. medium to identity 162 220 lb range 7.75 8.00 and top 8.10. odd sows 5.25. Cattle salable 250 mostly cows. steers 8.50 10.15. grass heifers 7.50. cows 6.00 7.00. canners 4.25 5.75. odd bulls 7.75, others 6.75. Calves 100 steady with top dealers around 12.00. some 11.00 and 7.50 9.75. Sheep offered none. prices steady.
MENTIONED IN THIS ARTICLE
Los Angeles
U. S
Kansas City Livestock Prices August 30 Hogs Cattle Sheep
U S Dept of Agriculture report shows hogs totaling 1200 salable with top 7.10 and 180 260 lb range 6.90 7.10. sows 5.25 6.10. Cattle 700 total with grass cows 5.25 6.00. vealers 9.00 10.50. Sheep 1500 total with spring lambs 10 15 lower and native lambs 8.50. Colorado ewes 3.10 per 63 lb Texas feeding lambs listed.
MENTIONED IN THIS ARTICLE
Kansas City
U. S. Dept
Colorado
Texas
Denver Market Reports Cattle Hogs Sheep Mixed As Markets Steady
From Denver on August 30 the U S Department of Agriculture lists cattle with salable 150 of 240, calves 40, hogs with salable 150 of 600 and sheep salable 8 000 of 9 000. Cattle mainly steady to nominal with vealers down and bulls and stock steers priced. hogs unevenly steady to 15 higher, good and choice 180 240 lb at 6 85 7 10. sheep open steady with fat native lambs around 8 00 8 50 and Colorado slaughter ewes near 2 50 2 75.
MENTIONED IN THIS ARTICLE
Denver
U. S. Dept
U S Dept of Agriculture hog cattle and sheep market report
Chicago Aug 30 salable hogs 7 000 total 11 000 active, prices up 10 20 cents across weights. Cattle 1 500 calves 300 weekend trade steady to firmer. Sheep 3 000 total 6 000 late lambs dull 25 50 lower. western and native lambs 8.85 9.25. natives 9.35. ewes 2.00 3.50. Idaho lambs 9.00. other weights 9.00 10.00.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept
Colorado
Metals Market Summary for New York and Regions
Copper steady at 11.00 spot Conn valley with export at 9.90. Tin barely steady at 50.50 spot and near terms. Lead steady around 4.90-4.95 spot New York and 4.75 East St. Louis. Zinc steady at 6.50 East St. Louis. Pig iron aluminum antimony quick silver platinum Chinese wolfram ite and domestic scheelite unchanged.
MENTIONED IN THIS ARTICLE
New York
Conn
Valley
East St. Louis
Livestock Growers Face Better Prices
Financial briefs note Bendix Aviation Corp shows six month net profit of 4.295 million dollars or 2.05 per share for the period ending June 30 1940. Aluminum Co of America declares a 1 dividend payable Sept 10 to record Aug 28. Niagara Hudson Power pays 6 cash dividend and 1 for 3 stock dividend for Aluminum Co since 1928.
MENTIONED IN THIS ARTICLE
Dow Jones & Co
E. F. Hutton & Co
New York Stock Exchange
Indus
Gt West
Abbott Lab
Greyhound
Adams Exp
Hard Walker
Alaska
Houd Her
al Chem & Dye
Howe Sound
Allied
Allis Ch
Hud Bay M&s
Amerada
Hudson Mot
Am Airlines
Illinois
Car & Fay
Inger Rand Am Ch & Cable
Alco
Interb Rap T
Encaus Til
Interlake
Hide & Lea
M & Met
Pow & Lt
P&l
Pap&p
Rad & Sts Sennee
Tel & Tel
Smelt & R
Johns Manville
Kresge S
Kroger Groc
Lorillard P
Louise & Nash
Baldwin Loc Ad
M Balt & Ohio Ad
Mack Trucks
Macy
Bayuk Cigar
Martin (Gl
Beech-Nut
Masonite Corp
Bendix Aviat
McCrory Strs
Beth Stlweeee
Black & Deck
McGraw Elec
Blaw Knox McIntyre Porc
Boeing Airpl
Mo K T
Arsereeee
Briggs
Monsan Chem
Bklyn Man T
Monty Ward
Bklyn UN Gas
Motor Prod
Bucyrus Erie A
Bank of Man
Murray Corp
Bank of NY
Bankers
Chem Bk &Tr
Ails
Calif Pack
Eereereeee
Nat Cash R
Secaasina. Ae
Callahan
Nat Dairy
DG Ale
Nat Distill
Bk & Tr
Case Jr
Nat Pow & Lt
Ches & Ohio
Chii Mstp& P
Csoerevee
Shipbldg
Chrysler
North Am
Climax Ee
Coca Cola
Colgate Palm
Ome
Col Fuel & Ir
Ohio Oil One
Swift & Co
Plum G & el
Oliver Farm
Coml Credit
Otis Elevator
Telautograph
Coml Investor
Otis Stleeneeeeeeee
Th Tenn Corp i
Coml Solo
Owens Ill Gl
Tex & Pac Ry
Gomwith & Sou
Texas Corp
Com & South Pf
Tex Gulf Snr
Container Corp
Pathe Film Weno
Transamerica Creeee
Patino Mines
Trans&West Air
Con Can
Penney J C cc
Tri Cont Corp
Ins
Peng Fr" BR Dcceschemec Ae
Petro Corp -Ncecececore
Underwell Ae
Philip Morris
Phillips Pet
UN Carbide
Bag & P
Crown Cork
Pitt Scr & B
UN Oil Cal
Crown Zellar
Plymouth Oil
U.P) Co B . Seeeee
UN Pac
Curtis Pub
Procter
U.P) Gam
Air Lines
Aircrorp
Curtiss’ Wright
Pub Soc N J
Curtiss-Wr A
Pullman Cosses Cosserveme
United Corp
del Lack & W
Radio Corp Am
Bocnmum
U S Gypsum Eereee
U S Indus Ale
Devoe & Ray A
Reading Co
U S Leather
Dist Corp Seag
Rem Rand
Repub
Ae Douglas Aire
Revere C & Br
Dow Chemronan
Reynolds Met
U S Steel
du Pont de N
US Steel Pf
el Boat
St Jos
el Pow & Lt
Schenley Oil
Cosses Access
el Paso Nat Gas
Seaboard Air
Walker& G&w
Endicott-John
Seaboard Oil
Walworth
Eng Pub Serv
Sears Rock Sereeee
Warner Pic
Geressid
Waukesha Met
Sharon Stl Corp
Fairbk Morse
Shattuck FG
West O&s
Fed Met Truck
Shell Union
West Union Tel 1814
Firestone T & A
Westingh Air 21
PRED
Perccskpeane Sa
Simmons Silver King Go
Senceeeeeenene
West el & M
Foster Wheeler
Wheeling
Freeport Sulaeeeee
Skelly Oilees
White
Socony Vac
Wilson & Co
Sou Am G & P
Woolworth
Worth P&m
Gen Am Trans
Wright Aero
Yale & Towne
Gen Foods
South Ry
Yell Trk & C
Sparks
Ry Sig
Sperry Corp
Young S & W
Gen Real & Ut
Ys Spiegel Inc Aeeee
Youngst Sh & T
Refract
Square D Co
Glidden Co
Goodrich
Studebaker
Norkore
Dahlberg, Durand & Co
Bendix Aviation Corp
Aluminum Co. of America
Niagara Hudson Power Corp
Aluminum Co
Central Arizona Light & Power Reports 1940 Net Income
The company reports net income of 873 145 dollars for the year ended July 31 1940, up from 810 065 dollars earned in the prior fiscal year ending July 31 1939.
MENTIONED IN THIS ARTICLE
Central Arizona Light & Power Co
Directors declare 50c per share extra dividend in California
The board of California Western States Life Insurance Co declares an extra dividend of 50 cents on common stock par five dollars. The dividend will be paid September 16 to holders of record as of August 31.
MENTIONED IN THIS ARTICLE
California
Western States Life Insurance Co
Earnings Totals for Northern States Power Companies
Northern States Power Co Del earned 6 529 014 for year ended June 30 1940 vs 5 060 276 for 1939. Northern States Power Co Minn reported net earnings for 12 months ended June 30 1940 of 8 233 406, up from 6 726 481 the year prior.
MENTIONED IN THIS ARTICLE
Northern States Power Co
Del
Minn
Wheat Prices Rise to Two-Week High on Chicago Market
Wheat futures surged as buyers supported by rising securities and mill activity pushed values up to the strongest level in over two weeks. Short covering and favorable European news boosted confidence with spot and loan rates above futures. September wheat at 73 to 73 1 2, December at 75 1 4. Corn and oats showed mixed to higher moves.
MENTIONED IN THIS ARTICLE
Chicago
Cotton futures rise as hedge demand supports prices
In New York cotton markets Aug 30 continued activity in cotton goods and firm securities fueled broader futures demand. Hedge offerings absorbed, mill buying and New Orleans Liverpool support, with resistance at higher levels. By end of day Oct 9.29 Dec 9.24 May 8.90, futures 3-6 points higher. spot middling 9.93.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Liverpool
Livestock Prices Rally Boosts Farmer Income
Chicago reports live stock producers see the strongest market upturn since winter with hogs and cattle rising sharply. Prices have increased hog value about 40 percent and cattle over 20 percent since late June as consumer demand and industrial activity strengthen. Beef cattle are among the few farm products selling above parity, with steers near highs not seen in three years.
MENTIONED IN THIS ARTICLE
Chicago
National Defense m
Western farmers see half-year income rise 1939 to 1940
Farmers in 11 western states earned 602 million in the first half, up from 542 million year earlier. Gains ranged from 27 percent in Montana to 1 percent in Nevada with crop sales higher in Montana Wyoming New Mexico and California and livestock incomes up in Montana New Mexico and California. Government payments climbed to 55.0 million from 44.9 million. Total crop sales reached 548 million versus 497 million last year.
MENTIONED IN THIS ARTICLE
San Francisco
Federal
Department of Agriculture
Montana
Nevada
Wyoming
New Mexico
California
Arizona
Washington
Uncle Sam
Exchange rates edge currencies as markets move
The Canadian dollar slips percent to 87.5 U S cents in New York free market trading while Sterling rises to 4 03 dollars and the Swiss franc gains .01 of a cent to 22.80 U S cents. Official and open market rates for multiple currencies are listed with premiums and discounts.
MENTIONED IN THIS ARTICLE
New York
U. S
Great Britain
Canadian Control Board
Bankers Foreign Exchange Committee
Germany
Finland
Greece
Hungary
Italy
Argentine
Brazil
Mexico
Japan
Hongkong
Shanghai
Produce Exchange Receipts For Los Angeles Listing
Produce exchange reports in Los Angeles show butter at 111600 pounds with bulk price .30. cheese 60200 pounds. eggs 136 cases. Butter in bulk price .30. candled large eggs .33. candled mediums .27. candled smalls 17 percent.
MENTIONED IN THIS ARTICLE
Los Angeles
Daily Crossword Clues Runaway A Firearm Breach
Three clue answers appear in a compact puzzle item. Runaway hints at escaped or runaway, a firearm points to gun, breach signals a gap or破. The note presents brief crossword entries with terse definitions.
Cool Weather Boosts Retail Trade In East
Chill weather boosted retail trade across communities this week, Dun and Bradstreet reported. Women’s and children’s apparel and home furnishings led demand, with fur niture blankets and back to school wear drawing strong response. The two week year over year gains widened with total volume 7 to 13 percent above 1939 levels, prompting brisk autumn re-orders as merchants prepared for Labor Day weekend.
MENTIONED IN THIS ARTICLE
New York
Dun & Bradstreet
Mercantile Agency
Bar Silver Holds 34 Percent in Market
Silver price in New York trading remains unchanged at 34 percent for the Bar Silver market, with no new movements reported on this August day.
MENTIONED IN THIS ARTICLE
New York
Tourist asks time to view Phantom Ship at Crater Lake
A Massachusetts tourist asked Miss Rae Beaver of the Oregon Motor association what time they must reach Crater Lake to see the Phantom Ship rock formation at the lake.
MENTIONED IN THIS ARTICLE
Bend
Ore
Massachusetts
Rae Beaver
The
Oregon Motor Association
Crater Lake
Tourism Spending in Panama Falls Toward Zero
Expenditures by tourists in Panama, usually a key indicator of economic activity, have collapsed nearly to zero, signaling deep weakness in visitor inflows and tourism driven demand. The downturn raises questions about recovery prospects for related sectors.
MENTIONED IN THIS ARTICLE
Panama
Farm Lease Offer Near Bowie for 1600 Acres
1600 acre tract near Bowie available for lease until December 15. Grazing capacity for 100 head of cattle with 100 tons of Johnson grass and prairie hay ready to cut. Price set at 400 dollars. Contact W. W. Howard at 615 East 8th, Tucson.
MENTIONED IN THIS ARTICLE
BOR
Bowie
W. W. Howard
East 8Th
Tucson
Also Mentioned on This Page
Associated Press
Curb Aero Sup Mig
Alum Co Am Eeeee
Cit P&lb
Am Cyan
Am Gas & Minces, Ee
Lt & T
Ark Nat Gas
Atlas Corp
Aviation & Tran
Babcock & Wil
Bladwa le War
Can Marconi
Vi Carrier Corp
Oeia. BE I. Scsi
Holling Goldeeseee
Humble Oil
Imp Oil Ltd Arerenee
Internal
Lake Shore DM
Mount Cry Cop
Sherwin
W Newsp
Banks and Trust Stock
NEW York Bonds
Alleghany
IG Ch
T&t
AT & SF
At&sf
B&o
B&o S
Can Nor
CB & Q
Cmsp & Pac
Cuba NoRy
Gen St Cast
Gt Nor Ry ‘Sis
Hudson Coal
Hud&m
Mo Pac
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Nor Pac
Pac
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Utah P&l
Youn S&t
Belgium
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U. S. Weather Bureau
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Outil” Etcanitegliedeemie
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Salt Lake City
Tenet
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Ene
Winslow
Shapanaqeinbadasctons
Yuma
Continental Divide
Anaconda
Butte Cop & Zinc
Calumet & Hecla
Cerro de Pasco
Consolidated Cop
Inspiration
Kennecott
Miami - Eeeteeee
Newmontasco
Ps A
Phelps Dodge
Erie
Daily Crossword
China
Taj Mahal
Fai
King Features Syndicate, Inc
East
POG Mae
Aenewsseeeesemene Cnemrecencommen
Dak Necsescoreessioe Menammiamantainnt Moi
Sewaeemenaee
Home Owners Loan
New York City
Russell & Sheperd
Fourth Ave
Central Auto Laundry
W. Pennington
Hubbard
Apply
Star Citizen Office
North Stone
Campbell On
Prince
Simonize
Central Auto Park
N. E
Holc Finance
Solot Realty
Campbell
Rincon Water
Trance
Reilly
Parker Mortuary
North Stone Avenue
Arizona Mortuary, Inc. Ambulance Service
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