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Newspaper

Tucson Daily Citizen

Location

Tucson, Arizona, United States of America

Date

Dec 02, 1940

Page

12

Market Averages Reported By AP With Indexes

Closing stock averages furnished by Dow Jones and Company through E F Hutton and Company show industrials at 30 and rails at 20 while utilities stand at 65. The Saturday figures list indices around 27.97 for industrials, 19.97 for rails, and 43.65 for utilities with continual updates for Monday at 28.03, 20.10, and 43.68 respectively.

Dow Jones & Co E. F. Hutton & Co New York Stock Exchange Indus

New York Stock Market Ends Mixed After Narrow Rally

The New York stock market closed narrowly mixed after a day of uneven trading. Steel shares boosted sentiment early, but gains faded as investors faced tax uncertainty and potential year end selling. Notable performers included Du Pont, Chesapeake & Ohio, and Consolidated Edison, while U S Steel and General Motors faced pressure.

New York Dec du Pont Great Northern Chesapeake & Ohio Western Union Consolidated Edison Public Service of N. J Chryler Sears Roebuck Loew’s’ J. I. Case Market Street Railway U. S. Steel Bethlehem General Motors Woolworth Douglas Aircraft United Aircraft Westinghouse International Nickel American Smelting Santa Fe

Metal Market Report Roundup From New York

Copper steady in various bases with spot at 12.00 and export 10.50 to 11.00. Tin holds 50.30 spot and 50.10 forward. Lead softens to 5.50-5.55. Zinc steady at East St. Louis 7.25 forward. Pig iron No 2 prices range 24.00 in Eastern Pennsylvania to 19.38 Alabama. Aluminum virgin 99 percent at 17.00. Antimony Chinese spot 16.50. Quicksilver 168.00-171.00. Platinum pure 36.00. Chinese wolframite duty paid 22.50-24.00. Domestic scheelite 23.00.

Abbott Lab Gt West Sug Adams Exp Greyhound Corp Addresseg Teeveneeee Air Reduc Harb Walker Air-Way el Ap Holland Feeeeen Alaska Jun Homestake M Alleghany Corp Houd Her Allegheny LudSil Houston Oil al Chem & Dye Hudson Met Allied Pap&p Pf Tel & Tel Pow & L P&l Rad & St S Johns Manville Kresge SS Smelt & R Kroger Groc Lambert Wat Lehman Corp Libof Gl Lib Men & Lib Zinc L&s Arm Ill Ae Ligg & My Lima Loco Armstrong Cork Lion Oil Barber Asple Macy (Rh) Co Bendix Aviat Marsh Field Beth Sd Blaw Knox Martin (Gl) Co Maytag Boeing Airpl McCrory Strs Bohn al & Brass McGraw Elec Borden Co McIntyre Pore Borg Warner Mengel Cosseecereesee Bridgeport Br Mesta Mach Brklyn Man Mo K T Pf Bulova Watch Monson Chem Burr Ad Mach Monty Ward Weaeee Motor Wheel . Piss Murray Corpeuters Calif Pack Callahan Z-Ld Nash Kelv Canad Pac Wvewresree Nat Acme Nat Aviation Nat Cash R Celanese Corp Nat Dept Ches & Ohio Ches Corp Nat Pow & Lt Childs Co Chrysler Weeeeeee Climax Moly “i Nat Supply Cluett Peabody Natomas Co Coca Cola Newport Ind Colgate Palm P Y Central Colum Com Supérior Oil Com! Solo Ohio Oil Swift & Co Comwich & Son Oliver F Equip Com & South 5554 Omnibus Corp Congoleum Na Otis Elevator Consol Aire Tenn Corp Owens Ill Werereee Texas Corp Tex Gulf Bul Tex Pac L Tr Consol Oil Pac G & el Thermoid Co Pan-Am Airw Sai Transamerica Tri Cont Corp Coty Inc Patino Mines Truax Traer C Crane Co Peneny J C Tween Fox F Crosley Corp al Penn Dix Cem U Crown Cork Penn RR. Elc Crown Zellar Bag & P Crucible Stl Peoples G L&c UN Carbide Petro Corp Plymouth Oil Bisseereeeerreree Deere & Co Poor & Cob Oeeeneee del & Hud del Lack & W Procter & Gam United Corp Devoe & Rav A Dru Eee Dist Corp Seag Pullman Douglas Aire Wtaere Toy Indus Alco Dow Chem Real & Im du Pont de N Radio Corp Am US Smelt R&m E _ Radio KO accenennee Eastman Kid Raybest Man U S Steel Wi Auto Reading Co U S Steel Pf el Boat Rem Rand Y Fl Pow & Lt Rev Motors Ct el Paso Nat Gas Repub Sd Va Caro Chem Erie R Rev Reynolds Met Richfield Oil Walker& G&w Fed Mag&Sm Walworth Err Firestone T & R Safeway Warner B Pict Flintoke St Jos Warren Bros Foster Wheeler St L San F West Union Tel Aeeree Eeport Stl Seaboard Air Schenley Dis Westingh Air Br Seaboard Oil West el Gen Foods Silver King C Gen G & Ela M Gen Mills Skelly Oil Socony Vac Young S & W Amg &P Youngst Sh & T Ry Sig Real & U Zenith Radio Enereeeeeeerreeeres Sree Gobel Adolf Sats See Ae Goodrich (Bf Spiegel Inc Goodyear T&r Eeee Goth Silk H Sevenaee Graham Paige Stewart Warn New York Valley East St. Louis Pennsylvania Buffalo Alabama

Financial Market Moves and Corporate Filings This Week

The Pittsburgh Steel Co files a registration for 6.5 million dollars in first mortgage bonds to redeem 4.918 million of 20 year bonds and cut bank debt. United Gas Corp reports 1940 net income of 6.27 million, up from 4.27 million in 1939. Beneficial Industrial Loan Corp files for 10 million in 2 percent debentures expiring 1950. Celotex Corp expects fiscal year earnings to match 1939 levels despite higher costs and taxes. International Silver Co declares 6.25 dollar preferred and 1.75 dollar quarterly dividends payable January 1 and December 24 respectively.

Pittsburgh Steel Co Securities & Exchange Commission United Gas Corp Beneficial Industrial Loan Corp Celotex’Corp International Silver Co

Wheat prices rise then retreat in Chicago early trading

Wheat futures moved higher with December contracts reaching about 90% cents a bushel before profits nixed gains. Traders cited lack of deliveries and tight supplies, while deferred July 1941 lagged on favorable crop prospects and broader stock market weakness.

Chicago

Exchange rates ease for Hongkong and Shanghai dollars

The market shows Hongkong and Shanghai dollars gaining strength after a week of pressure. Rates list Canadian, British, German, Finnish, Greek, Hungarian, Italian, Portuguese, Romanian, Swedish, Swiss, Yugoslav, Argentine, Brazilian, Mexican, Japanese, Hongkong, and Shanghai figures with spot cable references and nominal notation.

Wool Market Quiet in Boston with Steady Quotes

The wool market in Boston was quiet today with quotations mostly unchanged from last week. Carload mixed three eighths and quarter blood bright fleeces offered around 43 cents grease delivered to users, but no interest from buyers. few inquiries for South American wools.

Boston U. S. Dept

Cotton Futures Edge Higher Amid Administration Change Hopes

Cotton prices eased in trading with hedges and selling from the south as Washington signals a major shift in farm policy. December rose to around 10.05 with nearby and deferred contracts closing 1 to 3 points higher. spot middling at 10.26.

New York Washington

Produce Exchange Receipts Report

In Los Angeles on December 2 the Produce Exchange reported butter receipts of 161,300 pounds, cheese 56,000 pounds, and eggs 1,200 cases. Butter in bulk declined 0.34 percent, candles large eggs fell 0.33 percent, medium eggs 0.30 percent, and small eggs 0.26 percent.

Los Angeles Calif

Livestock Prices in Kansas City Market Report

Hogs salable 4 000, most bids up to 15 higher than Friday. Cattle salable 13 000, best fed stockers steady to higher, calves and yearlings slow. Sheep salable 6 000, bids opened lower with best fed lambs above 9.00. Prices noted per 100 pounds and 190 pound hogs up to 5.85.

Kansas City U. S. Dept

Livestock Prices Mixed Across Markets in Denver and Chicago

Denver cattle and hogs show limited early sales with most classes steady to weak while feeding heifers and stock calves hold steady. Chicago hogs rise to 10-20 above Friday’s average with top 6.25 and cattle pullbacks noted. sheep trading weak to lower.

Livestock Prices and Supplies Report from Los Angeles Market

Hogs salable 2700 with steady to 5 higher gains. Top 7.05 on five decks around 200 lb. Easterns 170-225 lb 6.75-7.00. local fed 6.40-6.50. Cattle salable 2600, demand stronger. steers 8.60-9.75, Mexicans 7.50-8.5, cows 6.00-7.75. Calves 900, slaughter calves 9.00-10.15. stockers not observed. Sheep 400, lambs 8.35 per 89 lb deck.

Los Angeles Federal State Market News Service Heigher

Bar Silver Holds Steady in New York Market

The December 2 silver market in New York shows 4 bar silver at 3434 with no change, remaining unchanged from prior quotes.

New York

Big Dynamite Theft Reported in Bangor Area

Thefts of 880 sticks of dynamite and blasting caps from a storage magazine near Bangor were disclosed by Assistant County Detective John Ruppert. He warned the missing explosive could threaten the town and be used for sabotage. No clues yet. the loss occurred last Tuesday night from three storage buildings about a mile from Bangor.

Bangor John Ruppert Rupport Pennsylvania

Radio Highlights Contem History Across Local Stations

A list of European and state network news slots across KVOA KTUC KTAR and related feeds timed morning to late evening. Program titles include Deep River Kate Smith Farm Home Hour Chansonette Linda Dale School of Air and European Survey among others with scattered timing notes and irregular annotations.

KVOA Kate Smith TUC KTAR H. Hardings KTUC Jenny Son K. Manning Portia Abbotts Pima County

Night Radio Schedule Highlights Tonight

A dense lineup of programs across stations KVOA KGO KNX KFI KTUC KECA and others lists music talk and news slots from 6 pm to 12:30 am with hosts and acts including Vaughn DeLeath Glen Hurlbert Band Dr J Q Quiz Burns and Allen Fred Waring and more. Included are dance orchestras and late night musical varied offerings across cities and networks.

KVOA Vaughn DeLeath Sgs KGO KNX King Arthur Jr KTUC Dr. J. Q KFI J. B. Kennedy Basin Street Art Linkletter KTCC Ben Walker KECA R. G. Swing. Com KFRC Guy Lombardo Amos Andy John Nesbit U. of A Lanny Ross Merrick Musicale Hall & Fields Bob Trout Those We Love Hawthorne House KFT Midnight Madness Symphonetta KPO KOA KSL KTAR KNX Fe K. Manning Clark Ross Paul Carson

Local Radio Schedule Includes News, Talk and Music

Tuesday morning lineup lists Financial Service at 8:15 on KVOA followed by Breakfast Club at 8:30 and Life Beautiful at 8:45 on KTUC with Mary Lee Taylor at 9:00. The page notes program times and stations.

Financial Service KVOA Life Beautiful KTUC Mary Lee Taylor

Winter Weather Report For Five States

The U S weather bureau reports rain in the southeast and snow in the north from Montana to western New York. New Mexico expects fair skies, cooler northeast. Southern California sees clear weather with highs near 80. West Texas remains fair with colder Panhandle and northern sections.

Phoenix Montana New York U. S. Weather Bureau California Texas Panhandle

Stinson Plant Starts Michigan Production

Wayne Michigan December 2 UPR Stinson division of Vultee Aircraft resumes airplane production at its Wayne plant today Primary output will be three airships daily The 150 employees will rise to at least 900 and an expansion of 10000 square feet is planned Stinson will later manufacture at least 10 ships daily including a new two seated training monoplane Continuous production restart at historically relocated Nash ville Tennessee plant circa 16 years since founding

Wayne, Mich UPR Stinson Vultee Aircraft, Inc Wayne Nashville Tenn

Marshall warns of civilian abuse near training camps

General George C. Marshall, chief of staff, said civilian activities and rent profiteering near troop concentrations threaten the army expansion. He urged communities and churches to curb the “sordid business” undermining the young army’s integrity and noted recreation facilities are expanding while problems arise off base as soldiers leave camps.

Washington George C. Marshall War Department Defense Marshal Marshall

Notice of Probate Hearing for Harold C. Haviland Will

In Pima County Arizona the matter of Harold C. Haviland deceased requests probate of his last will. Eva Mills has filed for letters testamentary. The hearing is set for December 9 1940 at 9 30 AM in Tucson court. All interested parties must appear to show cause.

State OF Arizona County OF Pima Harold C. Haviland Eva S&s. Mills Tucson D. Hall Gary Soderberg Harry 0 Juliani

Local Ads List Various Goods and Services in One Page

Multiple small ads detail bicycle repairs and sales, lawn mowers, plants and bulbs, furniture exchanges, flowers and funeral sprays, car services and sales, typing work, and job notices. Names and locations include Hubbard's Greenhouses, Ingham addresses, 734 East Eighth, and Central Auto Park. Several wants seek stenographers, waitstaff, and distributorships.

Russell & Sheperd N. Pearth Boston Hubbard Ingham & Ingham Langers Thrifty Furniture Exchange Central Auto Park East Eighth Euclid Star-Citizen Plymouth Fifth St Chevrolet Johnson’s Toole Ave

Also Mentioned on This Page

THE Associated Press Cit P&lb Am Gas & el Ark Nat Gas A G&el Aviation Creole Pet Crocker Wh EIM Croft Brewing Crown C Pet el Bond & Sh el B&sh Pf Ford M Can A Ford Met Ltd Gen Out Adv Pt Glen Alden Coal Gulf Oil Oeeseccecoeses Hecla Min Humble Oil Imp Oil Ltd Ind Pipe L Internal Pet Bates Lake Shore M . Crow Lone Star Gas Loga Louis L&e Mount Cry Nat Bellas H N J Zine Ning Hud Pantepec Oil Pennroad Weer Eeere Pitts Pl Gl Vaverere Seeeee Sherwin Wms So Penn Oil seeee+s St Oil Ky So C Sd B Pf Fentaanie St Pow & Lt Sil Sunray Oil Creesersee Technicolor United Corps United Gas UN Vultee Aire Wright Harg Cit Sp&l Glen Ald Coal Inters New Cal E Pen C P&l Tex el S Tex P&l W Newsp UN Baden C Mun Soros Ee NEW York Bonds Alleghany T&t AT & SF B&o Cmsp & Pac Ch&nw Col F & I Hudson Coal Natl Steel Nyc Pac G & E Phila Co Warner Bros Brazil Wien Canada Gar Govt Italy Tok el Lt Dahlberg, Durand & CO Hongkong and Shanghai Great Britain U. S Bankers Foreign Exchange Committee Germany Finland Greece Hungary Portugal Romania Sweden Switzerland Yugoslavia Argentine Mexico Japan Hongkong Shanghai NEW York Banks and Trust Stock Bk of Am Nts Bank of Irving Tr Natl City Aeeneeeeneseeneens N Y Trusteneeeeree Public Title Denver U. S. Dept. Agr Calumet & Helen Cerro de Pasco Helen Mining Kennecott Miami Eteweces Newmont Resinol Balto., Md Hilocycles Koy Mutual San Francisco Phoeniz NBC KVOD Los RPO S. Francisco Angeles L. Angeles WPAA Dallas Wbap Worth Noever KRLD CBS Ollywood Salt Lake Albuqque Woail S. Antonio le Baron Bradley WBAP Long Kyser Madriguera Dorsey Coffey Bondshu Swarthout Busse Woodbury Strand New Mexico Albuquerque Estumnnitemas el Paso Flagstaff Acenier Kingman Miami Minneapolis Atseeees New Orleans Teteeees Winslow Iskachesbaccia Gapteass Yuma Michigan E. Pennington St Tucson, Ariz Title and Trust Ariz Gen. Marshall
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