Market shows faint Christmas hope on slow New York trading
In a holiday light session on December 24 in New York, stocks advanced modestly with selective gains for leaders like U S Steel and Bethlehem while many held at prior levels. Transfers reached about 850 000 shares as year end tax selling eased and the market’s technical position appeared steadier.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Wall Street
U. S. Steel
Bethlehem
Youngstown Sheet
Crucible Steel
Montgomery Ward
Sears Roebuck
Yellow Truck
Consolidated Aircraft
Metals Market Roundup in New York
Copper steadies with spot Conn valley at 12.00 and N Y export FAS 10.50 12.00. Tin holds at 50.10, lead steady at 5.50 5.5. East St. Louis 5.35. Zinc steady East St. Louis forward 7.25. Pig iron aluminum antimony quicksilver platinum wolframite and domestic scheelite unchanged.
MENTIONED IN THIS ARTICLE
New York
Valley
N. Y
East St. Louis
Livestock Market Report From Los Angeles
Hogs salable supply 150 steady to 25 higher with Utahs at 7.50 and 190 pound hogs at 7.40. Cattle salable 200 and market stronger for few offerings. steers 8.75-9.50, range heifers 8.25, beef cows 6.50-7.75, canners 4.50-6.00. Calves 50 steady, vealers to 11.00, stock calves 8.25-10.00. Sheep salable none, wooled lambs 9.25+ with some ewes unsold and late Monday steady at 4.50.
MENTIONED IN THIS ARTICLE
Los Angeles
Federal-state Market News Service
Kansas City market report shows hogs cattle and sheep gains
Hog sales total 1000, prices up 25-30 cents with top at 6.60 for 190-310 lb. Cattle and calves total 1800 with fed cattle and yearlings up 25 cents, cows steady. steers 9.00-13.00 per cwt, heifers above 12.00. Sheep and lambs total 3000, lambs 15-25 higher, top fed lambs 9.40, ewes to 4.40.
Market summary for cattle hogs and sheep in Denver
Denver market report shows cattle salable 425 with calves 50 steady. fed heifers 10.00 down. hogs salable 1,100 active 25-35 higher with good and choice 180-300 lb at 7.00-7.10. sows 5.75-6.00. sheep salable 2,525 with fat lambs 8.00-8.75 and best held above 9.25, demand sharp and steady to higher.
MENTIONED IN THIS ARTICLE
Denver
U. S. Dept
Chicago livestock market report on hogs cattle and sheep
Salable hogs 12 000, total 24 000 opened active mostly 25 35 higher than Monday lost early gains. Cattle 5 000, calves 1 000 with choice steers and yearlings 11 50 14 00, prime light yearling tops 15 00. Sheep 8 000, fat lambs steady to firm with good western and native lots at 9 85, fed western lambs 9 60 9 65.
MENTIONED IN THIS ARTICLE
Square D Co
New York
Alum Co
Dow Jones & Co
E. F. Ltd
New York Stock Exchange
Hutton & Co
Indus
P&lb
Sterl
Stewart Warn
Am Gas & el
Ewe
Steene & Web
Am Lt & Ta
Studebaker
Maracaibo
Sun Oil
Sup
Ark Nat Gas A
G&el A
Atlas Corp War
Gobel
Adolf
Superior Oil
Auto
Mad Rd
Abbott Lab Seseeres
Goodrich (Bf
Swift & Co
Adams Exp
Goodyear T & A
Aviation & Tran
Air Reduc
Graham Paige M
Baldwin Lewar
Alaska
Granby Con M
Tenn Co
Berk&Gay Furn
Alleghany Corp
Gt NorIrore Ct
Allied
Gt West Sug
Tex Pac C&o
Greyhound Corp
Tex Pac L Tr
Amerada Waseceeenenees
Tide-Wat A
Cit Serv Pf
Am Airlines
Comlch & S W
Am Bank
Hard Walker
Cosden Petro
Hershey Choc
Transamerica
Crocker Whelm
Am Car & Fay
Eagle Pich
el Bond & Sh
Uasia RE
Il Amn-Hawaii
el B&sh
Am Hide & Lea
Illinois Ons Bina
Falstaff Brew
Am Internat Eeere
UN Oil
Gen Alloys Am P&l
Interlake
Glen Alden
UN Pac
Gt Atl & P No
Gulf Oil Seerer
Am Smelt & R
Int Mining Eeeeeseree
United Corp
Ap Oil Ltd
Internat Pet
Tel & Tel
Int Tel & Tel
Eng & Fd
Lake Shore M
Eure
Leonard Oil Dev
Lone Star Gas
Am Zinc L & S
Johns Manville
S Gypsum
Louis L&e
Arm Iil
U S Indus Alco
Sereeeseewes
Pitts
Ligg & My
Republic Avia
Baldwin Locseseeeew Lima Loco
Seiberling Rub
Balt & Ohio
Lion Oil Refereree
Va-Caro
Indus Ball & Ohio Pf
Shattuck den Reese
Barber Asph Wees
Lockheed Aire
Sherwin Wms
Barnsdall Oil
Loews Inc Aveseceseses
Warner B Pict
St Oil Ky
Lorillard P
Wwarren Bros
Sunray Oi
Black & Deck
Louise & Nash
Waukesha Mot
Technicolor
Blaw Knox
Wesso ES
Seeere
Mi West Union Tel
United Gas Teeeweenen
Bohn al & Brass
Boeing Airpl
Unit & Powa
Bklyn UN Gas
Maytag Woolworth -Weeeee
Bucyrus Erie
McGraw
Can Pac
Wrigley (W) Jr
New Cal E
Byers (Am) Co
Minn Moline
Yell Trk & C
Pen C P&l
Mission Corp
Young S & W
Mo Kan T
Sh & T
Tex P&l
Calif Pack Sneer Ewereer
Callahan Z-Lé
Monson Chem Mo K T Pf i
Zenith Radio
Termi Elec
Canad Pac
Monty Ward
Il Case JI
Motor Wheel
Ncceeecsmenes
Murray Corp
Eeeeeereneeeers
Ches & Ohio
Ches Corp
Nash Kelv
Cluett Peabody
Colgate Palm P
Nat Pow & Lt
Colum G & el
Colum Carbeeseeeee
Tencens
Credit
Newport Ind
Com! Investor
NY Central
Com
Nynhe&h
Comwith & Son
Com & South Pf
North Amer Ca
Northern Pac
Ohio Oil
Consol Oil
Aeeteereneee
Oliver F Equip
Omnibus Corp
Otis Elevator
Aeedensonne
Otis
Owens Ill
Coty Inc
TZ Crane Co
Penick & Ford
Curtis Pub
Deere & Co
Phillips Peteeseswee
del & Hud
Plymouth Oil
V& del Lack & W
Poor & Cob
Devoe & Ray A
Dist Corp Seag
Procter & Gam
Dome Mines
Pub Soc NJ
Douglas Aire
Dow Chem
du Pont de N
E Fastman
Radio Corp Am
FE Auto L
Radio KO Excerieves
el Boat
Raybest Man
el Pow & Lt
Reading Co
Eng Pub
Rem Rand
Erie RR
Rev Motors
Repub
Reynolds
Fairb Morse
Fed
Firestone T&r
Flinthote
St Jos
Foster Wheeler
St. San Fuu
Freeport Sul
Schenley
Seaboard Air
Am Trans
Seaboard
Sears Roekne
Servel Ine Sevilla
Gen Cable
Sharon Sil Corp
Shattuck F G
Elec Oe
Gen Foods
Shell Union
G & Esa
Simmons
Gen Mills
Skelly Oil
Socony Vac
Ry Sig
Sou Am G &P
Een
Cree Sai
South Ry Pf
Mel Bros
Sperry Corp
Glidden Conn
Spiegel Inc
Chicago
U. S. Dept
Produce exchange receipts from Los Angeles market notes
On December 24 in Los Angeles producers exchange receipts show butter 61,200 pounds and cheese 23,200 pounds. Butter in bulk reported at 314 percent. candled large eggs 30, med. eggs 27, and small eggs 26.
MENTIONED IN THIS ARTICLE
Los Angeles
Weather report summarizes storm across Arizona and Southwest
The U S weather bureau reports rain in most Arizona areas and snow in high elevations over the last 24 hours. Temperatures span from 21 in Boston to 67 in Tucson with Phoenix 62 and Los Angeles 62. Arizona mostly cloudy with rain tonight and Wednesday, New Mexico cloudy with rain and snow, Southern California cloudy with rain, West Texas partly cloudy and then cloudy Wednesday.
MENTIONED IN THIS ARTICLE
Phoenix
Arizona
U. S. Weather Bureau
Albuquerque
Boston
Speseceeaie Ha
el Paso
Kansas City
Cccccscesresee
Roswell
Nidenenctianiotonas Ae
Salt Lake City
San Diego Medicbinas
San Francisco
Tucson
Washington -Recceccveee
Winslow
New Mexico
Mountain Range
Continental Divide
California
Texas
Shell Union Oil considers replacing preferred stock with new debentures
Shell Union Oil Corp weighs proposals to redeem its $34,110,000 of $100 cumulative convertible preferred stock. Redeemable at $105 a share plus accrued dividends on 30 days' notice, the conversion feature expired July 1, 1935. A new low rate debenture issue is being considered.
MENTIONED IN THIS ARTICLE
Dahlberg, Durand & Co
Shell Union Oil Corp
Minneapolis Moline reports strong 1940 earnings rise
The Minneapolis Moline Power Implement Co. reports recovery in farm equipment demand with earnings of 1,165,736 for the year ended October 31, 1940, up from 64,140 in the previous year.
MENTIONED IN THIS ARTICLE
Minneapolis- Moline Power Implement Co
Navy awards 52 million for ordnance plant expansion
The Navy announced contracts totaling 52,519,897 to seven firms for ordnance plant expansion and equipment. The largest 45,000,000 went to Carnegie-Illinois Steel Corp for the South Charleston West Virginia ordnance plant.
MENTIONED IN THIS ARTICLE
Navy
Carnegie- Illinois Steel Corp
South Charleston
W. Va
Electric Power & Light Corp net income rise 1940
Electric Power and Light Corp and subsidiaries report net income of 6 478 064 for the twelve months ended October 31 1940 versus 4 102 453 earned for the year ended October 31 1939.
MENTIONED IN THIS ARTICLE
Electric Power & Light Corp. and Subsidiaries
Norfolk and Western I. R. 1940 est. 11 months earnings per share
The analysis projects Norfolk and Western Railway will report net income around 20 dollars per share for the first eleven months of 1940, up from 18.86 dollars per share in the same period of 1939.
MENTIONED IN THIS ARTICLE
Norfolk & Western Railway
Exchange Rates Dip for Argentine Peso in New York Market
In New York today the free Argentine peso fell to 23.55 U S cents, down six tenths of a cent. Late rates show various currency conversions including Canadian, British, German, Italian, Japanese, and other global currencies with spot cable indications.
MENTIONED IN THIS ARTICLE
New York
United States
Great Britain
U. S
Bankers Foreign Exchange Committee
Germany
Finland
Greece
Hungary
Italy
Portugal
Sweden
Switzerland
Yugo Slavia
Argentine
Brazil
Mexico
Japan
Hongkong
Shanghai
Chicago Wheat Futures End Higher In Short Preholiday Session
Grain market showed scattered but persistent demand with milling support as prices closed up to 1% cents. Wheat futures rose with May at 85 1/2 and July 80 1/4, corn up about a cent, oats higher, and open interest at a record low around 50 million bushels.
MENTIONED IN THIS ARTICLE
Chicago
Inquiries Rise for Finer Grades of Foreign Wools
In Boston the U S Department of Agriculture notes inquiries for finer foreign wools, mainly from mills with recent government contracts. Demand overall not urgent and some awardees not buying. Domestic wools quiet with little price change.
MENTIONED IN THIS ARTICLE
Boston
U. S. Dept. Agr
Cotton futures close higher amid demand and price fixing
Cotton futures ended 1 to 5 points up as active selling slowed. Trade and spot interests bought ahead of firmer textile demand, with price fixing on cotton sold to Russia providing support. Closing ranges show modest gains across to the March and May contracts and a middling spot around 10.34.
MENTIONED IN THIS ARTICLE
New York
Bombay
Russia
Silver New York Markets End Day With Stable Silver
Bar silver 34 percent in New York on December 24 remained unchanged as trading closed with prices flat and market activity muted.
MENTIONED IN THIS ARTICLE
New York
War boosts demand for small diamonds across wartime market
New York December 24. War reshapes the jewelry trade as small melee diamonds below a carat surge in value and demand. European cutters halted by invasion push buyers to U.S. outlets with higher wages and limited local production.
MENTIONED IN THIS ARTICLE
ED Wallace
New York
South Africa
Brazil
Hitler
Holland
Belgium
Low Countries
Europe
Radio Highlights Broadcast Times for Europe News
Radio program listings show KTUC and KVOA schedules for European news segments at various morning and afternoon slots. King George will speak on Christmas Day from London, with KTUC carrying the broadcast at 7 o clock Wednesday morning.
MENTIONED IN THIS ARTICLE
King George
Sreak
London
KTUC
Evening Network Radio Schedule and Programs
The page lists tonight’s network radio lineup from 11:15 p.m. to after midnight. It includes callsigns KECA KNX KTUC KFI KGO KFRC KVOA KRLD and others with shows like We the People, Bob Hope Christmas Story, Merry music, news by Elmer Davis, Lanny Ross, and John Clark, plus dance orchestras and late-night features.
MENTIONED IN THIS ARTICLE
KECA
KNX
KTUC
KPO
Vaughn DeLeath
Sgs
KFI
Fletcher Wiley
Ray Nobles
Orch
KFRC
Paul Carson
Org
KVOA
Linda Dale
KGO
Ktuc cc
KFT
Elmer Davis
We the People
Toronto Symphony
Miners Chorus
J. B. Kennedy
Walter
Question Bee
Fred Waring
Grand Central Station
Amos
Andy
Lanny Ross
New World Xmas
KRLD
Johnny fFresents
St. Meinard Monks
Ben Bernie
We, the People
Mr. Keen
KGO J
John Clark
Harmony Inn
KTAR
KOA
KSL
Pive Edwards
K. Re
Morning radio schedule highlights local stations KTUC KVOA
The listing shows a Wednesday morning broadcast slate with KTUC and KVOA programs. It names Mary Lee Taylor Kate Smith Frank Ross and H. Harding among presenters and mentions segments from 7:00 to 11:55 with topics including finance breakfast and news.
MENTIONED IN THIS ARTICLE
King George
KTUC
Financial Service
KVOA
Life Beautiful
Mary Lee Taylor
Kate Smith
Frank Ross
Alar
H. Harding
Sgs
Radio Schedule Update and War Casualty Note
Wednesday afternoon radio lineup lists KTUC and KVOA programs from 12:00 to 5:45 with the Abbeys drama. The page closes with a stark World War I casualty statistic: one British man in every fifty dies from wounds or bereavement.
Man Finds Diamond on Hike Buys Half Carat Ring
A man spots a diamond during a hike and uses saved money to purchase a small half carat ring. He notes that many people marry, hinting at the ring’s purpose.
MENTIONED IN THIS ARTICLE
Copenhagen
Local Classifieds Roundup with Goods and Services
Mixed ads list bicycle and lawn mower repairs, pickups, and deliveries by Russell and Sheperd, toy and furniture shops, Christmas plants, and used car bargains. Also featuring pets, poultry, Xmas decor, and a lost green suede purse with $50, plus septic tank cleaning services and a modern apartment listing.
MENTIONED IN THIS ARTICLE
Ingham & Ingham
Thrifty Furniture Exchange
Speedway Supply CO
E. Speedway
Central Auto Park
Rosslyn’s
Speedway
Park
South Sixth Ave
Plymouth
Monterey Court
Casa An Rad
Oracle Rd
Also Mentioned on This Page
THE
Sovernment
Alleghany
Ae Hag
IG Ch
T&t
Ancon Cp
Arm del
AT & SF
Bkly Edis
Nor
Pac
Cmsp & Pac
Ch&nw
Cri&p
Col G
Cuba
Nyc
Phila Co
Sou Pac
South Ry
Utah P&l
West UN
Wilson & Co
Canada
NEW York Banks and Trust Stock
Bk of Am Nts
Bank of Man
Bank of NY
Bankers
Bklyn
Bk &Tr
Chase Nat Chem
Bk & Tr
SOM
Cent
Bk & T
Empire Tr
Butte Cop & Zinc
Cerro de Pasco
Consol Copper
Hecla Mining
Inspiration Wampsees
ASG
Kennecott
Magma
Miami
Newmont
Phel Dodge
Shattuck Dean
United Verde Ext
Francisco
Mutual
KPRC
San Ktar
Phoeniz
NBC
KVOD
Les
L. Ange
Apt
WFAA
Dallas
WBAP
Ft. Worth
CBS
Vemue Knx
Hollywood
Albuaq’ Que
Woals Antonio
Madriguera
Bondshu
Foster
Pollack
Nottingham
Cummins
Shaw
Marshall
Gulskin
Jenny
K. Manning
Portia
Kvoa Im
School of the Air
Scattergood Baines
Dr. Malone
Abbotts
Kaltenborn
Andres Sgickup
Russell & Sheperd
Fourth Ave
Boston Hubbards
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