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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Dec 06, 1940
Page
12
Cotton futures stayed close to the previous close after an early move higher. Short covering and price fixing in near months were aided by the stoppage of 14 December delivery notices. Light hedging by spot houses and the south offset some buying, with outside demand limited and prices finishing near day’s best.
Los Angeles on December 6 reports receipts from the produce exchange including butter 130,500 pounds cheese 41,700 pounds eggs cases butter in bulk 3514 candled large eggs 33 do mediums 31 do smalls 27.
Quiet strength appeared in parts of the New York session with prices backing away and recov eries common. Transfers reached about 500000 shares as optimism lingered despite year end tax selling and war uncertainty. Major gainers included Bethlehem Steel Republic Steel American Telephone and others while General Motors and Chrysler stagnated and several names showed declines.
Silver prices steadied in New York with the market at 34 percent, unchanged. The brief bulletin notes no immediate change in the market tone and indicates a quiet trading session.
Major currencies held unchanged with late rates for several nations. Canadian dollar quoted at 12 15-16% discount or 87.06 US cents in New York open market. Great Britain and other major currencies listed with official and open market figures for buying selling cables and spot rates.
Chicago grain trading opened with a downturn led by December corn down two cents. Spot corn eased as market receipts and seller activity increased. Wheat also fell on weak mill and flour demand, with December corn at 59 4/5 and May 59 1/2 to 59 3/4. wheat at 89 and 85 1/2 to 85 5/8.
Hogs salable 300, 10 to 26 lower than Wednesday. Cattle 250 head, stock and cutters steady to firm with steers 8.50 to 9.00, good at about 9.50, cows 5.25 to 7.50, calves 50 head steady with dealers up to 11.00 and above 12.00 for choice. Sheep none sold, lambs 9.25 to 9.50.
Kansas City market notes show hogs salable and total 1000 at steady to 5 lower than Thursday’s average with top 5.85. Cattle and calves accompany steady or mixed results. vealers weak, canners and cutters 4.25 to 5.50. Sheep bids around steady with native lambs at 9.00 and fed lambs above 9.25.
Chicago market data show salable hogs 8 000 and cattle 1 500 with mixed price moves. Hogs opened steady, closed 5 10 higher with top around 6 25. cattle best around 11 50, sows 5 35 5 65, vealers 11.00. sheep 6 000 salable, fat lambs mostly steady to 15 higher, top 9 60, yearlings scarce rising about 25.
Denver reports cattle salable 200 with calves 75, vealers 11.00-11.50, cows 5.50-6.00, bulls 6.00-6.15, beef steers 9.50. hogs 200 salable, total 3,700, good to choice 180-270 lb at 5.85-6.00, slaughter pigs 3.50-4.25, sows 5.00-5.65. sheep 3,400 salable, lambs 8.50-8.75, top wheat field fat lambs 9.35 memo.
National Sugar Refining anticipates moderate profits for the year amid improved sales and margins, yet below 1937’s $708,782 net income. Crown Cork & Seal declares 50 cents per common share dividend. Maytag issues first common dividend in three years at 15 cents. Rail news: Louisville & Nashville sells 6.77 million in equipment trust certificates. Denver & Rio Grande Western sells 1.26 million. Atchison Topeka & Santa Fe orders 36,800 tons of rail with allocations to Carnegie Illinois Inland Steel and Colorado Fuel & Iron.
Bond Stores Inc. voted an extra dividend of 40 cents and a regular quarterly dividend of 40 cents on common stock. This brings the total dividends for the year to 2.00 dollars, up from 1.50 in 1939.
On December 6 in Boston the U S Dept of Agriculture notes only occasional sales in domestic wools with limited volume. Prices held steady for fine and half blood grades while sentiment weakens for three eights and quarter blood wools due to slack demand and competition from South American wool arrivals.
Reader protest questions a justice court ruling that acquitted a man who allegedly shot a two year old dog. The letter asks if the act was malicious and argues the state failed to prove intent beyond doubt.
A Tucson resident and former soldier, citizen since 1928, laments flood erosion washing away his land and home at 425 St. Marys Road. He notes federal funds aid abroad and erosion corrections elsewhere, asks for protection for working citizens and public attention to his crisis.
New York Dun and Bradstreet reports week ended December 4 show 23 leading cities totaling 6.116 billion dollars, up 2.8 percent from a year ago and 796 million above the prior holiday week. New York, Chicago, and outside cities led gains while New Orleans and Pittsburgh fell.
Copper steady at 10.50 to 11.00 FAS N Y export. tin 50.20 spot and 50.05 forward. lead 5.50-5.55 NY and 5.35 ES. zinc 7.25 ES forward. quick silver 167.00-169.00. Pig iron aluminum antimony platinum Chinese wolframite and domestic scheelite unchanged.
Rep John G. Alexander discusses the question of staying out of conflict in a talk aired on KVOA at 8:45 p m The program includes European news on KVOA at 11 am and 5 15 and station KTUC schedules with multiple time slots for state network news and KTUC bulletins through the day and evening.
A sequence of time tagged radio anchors and hosts from KVOA KRLD KTAR KPI KGO KSL KPQ KNX KNX KFI KNX Dorsey and others. The roster includes Fio Rito Herbeck Spivak Bondshu Crosby F. Martin Nottingham Pollock Strand and others, with multiple stations noted.
Brief listing shows morning shows and time slots across stations KTAR KTUC KVOA and KTUC including Traveling Cook at 9 30 Breakfast Club and Country Journal at 10 30 and Farm Home Hour at 11 00 with additional programs Charioteers Ed McConnell and Saturday Morning Party referenced.
Leningrad proclaims its zoo likely hosts the world’s only polar bears born and reared successfully. The assertion highlights the zoo’s breeding program and care standards for Arctic species.
A dense, fragmented page of local classifieds listing bicycle repairs and sales, lawn mowers, plants, bulbs, flowers, furniture, car parts, appliances, and small houses for sale or rent. Entries include Russell & Shepherd with Blooming Plants, Hubbard's Green Houses, Deserts Spoons bulbs, Christmas specials on refrigerators, and various private sale notes. The page also mentions vehicles, rabbits, odd jobs, and inquire/offer lines with contact details.
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