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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Dec 16, 1940
Page
12
Chicago the market dropped as May and July wheat contracts fell to the lowest since earlier in November amid general liquidation. The decline followed signs of a strong domestic crop, extra moisture in the winter belt, and softer demand, with July 1941 crop near 78 cents a bushel and December futures around 87 3/4 to 84 4/4.
Cotton futures declined in trading as Bombay and southern selling weighed on prices. Buying was limited to trade covering and price fixing, with late quotes down 2 to 4 points. March closed at 10.15, July 9.88, October 9.34, with futures 2 to 5 points lower from the day.
In Silver New York traders note bar silver at 34 percent value with no change from the prior session. The market mood remains steady as dealers await further cues.
The free Argentine peso gained about 1-10 cent to 23.64 U S cents in New York trading today. Rates for other currencies show Canadian dollar at 13 9-16 percent discount about 86.43 U S cents and various nations listed with official and open market figures.
Copper steady at 12.00 with export FAS NY 10.25 to 11.50. Tin at 50.05 spot and nearby, forward 50.10. Lead steady with spot New York 5.50 to 5.55 and East St. Louis 5.35. Zinc steady at East St. Louis spot and forward 7.25. Pig iron quiet No 2 FOB Eastern Pennsylvania 24.00, Buffalo 23.00, Alabama 19.38. Aluminum virgin 99 percent 17.00. Antimony Chinese spot 16.50. Quicksilver 166.00 to 168.00. Platinum pure 36,000. Chinese wolframite 22.50 to 24.00. Domestic scheelite 23.00.
Livestock market news from Los Angeles shows hogs salable 1800 head, active with prices 10 to 25 higher. bulk medium to choice 6.50 to 7.00, top 7.20, sows 5.00 to 5.50. Cattle salable 2000, steady to 25 higher, cows advancing, steers 9.00 to 9.75, best above 10.00, fed Mexicans 8.15, other Mexicans 7.10 to 7.40, fed heifers 8.65 to 9.00, cows 6.00 to 7.50, canners 4.25 to 6.00, bulls 6.50 to 7.25. Calves 400, vealers to 12.00, range calves 38.00 to 75. Sheep 1100, steady, good to choice 91 to 92 pounds wooled lambs 9.00 to 9.25, load fleshy feeder lambs 8.25.
Hog sales in Chicago reach 21 000 salable with prices 6.30 to 6.45 for good weights and 6.25 to 6.40 for lights. Cattle and calves show mixed moves with steady to firm demand and higher bids on prime weights. Kansas City market reports hogs mostly 15-20 higher, cattle and calves uneven but generally active with some loads of good fed steers around 11.25.
Cattle salable 2,800 of 3,100 with loads of fed steers around 11.25 and fed heifers 10.20 to 10.75, canners and cutters 3.75 to 5.50, bulls 5.75 to 6.50, dealers 11.50 down. Hogs salable 600 of 5,300 with prices 6.10 to 6.25 for butcher weight, light weights 5.00 to 5.75, sows 5.25 to 5.75. Sheep salable 4,600 with fat lambs 8.50 to 8.75, ewes 2.75 to 4.25, limited carlot activity.
The New York stock market eased with leading issues down fractions to about two points as the session opened irregularly and trended lower in light volume around 650000 shares traded. Investors awaited President Roosevelt’s March return from Warm Springs and defense calls from Knudsen to speed tool output, while Jones & Langton considered capital tweaks for accrued dividends. Steel gained slightly on mills revision but overall market breadth was narrow with rails oils and utilities lacking direction.
News notes show Australian troops visiting the London zoo were allowed to handle a seven foot python. The item lists broadcast times and reporters from KTUC and KVOA.
The listing shows radio news schedules for European reports and state network bulletins. It lists KTUC and KVOA transmission times across morning midday and evening slots, including 11 p.m. and 5:15 p.m. windows.
Los Angeles on December 16 reports produce exchange receipts including butter at 86 000 pounds cheese with no pounds listed eggs 600 cases. Butter in bulk 0.3514 Candled large eggs 0.29 graded medium 0.2644 and small eggs 0.25 per unit.
In Boston on December 16 the U S Department of Agriculture notes only scattered wool inquiries. A small amount of combing quarter blood territory wools sold at 80 to 83 cents scoured. Spot country packed fleece wools sold around 45 cents grease with most bids near 42 to 43 cents grease. offerings limited to scattered carload lots for shipment from country points.
Cloudy tonight and Tuesday across Arizona with rain in the extreme west tonight and in the west and south portions Tuesday. Snow is possible in higher elevations. Temperatures rise slightly in the warmer sectors.
A messy OCR fragment lists radio time slots and program hosts across several stations including KECA WBAP KTAR KOA KNX KTAR KFI KPO KVOA KTUC and others. It shows afternoon and evening programs like YMCA Health, Breakfast Club, Mary Lee Taylor, Kate Smith, and Farm Home Hour with various time stamps and call signs.
A dense jumble of local ads lists bicycle and lawn mower repairs pickup delivery, plant nursery offerings, furniture exchange, desert spoons sale, gift items, auto and laundry services, Christmas flowers, rental rooms, used car for cash, and missed-cat notice. Includes phone numbers and store names like Russell & Shepherd, Hubbard's Greenhouses, Thrifty Furniture, Speedway Supply Co, and Central Auto Park along with a public notice about a missing cat.
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