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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Jun 02, 1942
Page
10
AP market notes from Kansas City and Chicago dated June 2 show hogs, cattle, and sheep trading unevenly. Hogs steady to down. cattle mixed with steady to higher tendencies. vealers and cows vary by weight. buyers cautious amid moderating demand.
In New York on June 2, stock leaders held firm amid war news but initial gains faded as demand slackened. Rails steels and coppers eased while several leaders posted small advances or slight declines. Total volume neared 300,000 shares as bonds weakened and grains fell in Chicago with wheat and corn sliding and cotton also retreating.
In Boston on June 2 demand for wools both domestic and foreign moved slowly while prices held steady for finer lots. Latest sales for fine territory wools to mills ranged around 1.15 to 1.18 dollars per pound clean basis for good average French combing, with small increases for long staple fine grades. Bright fleece quarter blood wools were quoted near 50 cents per pound grease basis, graded and delivered from the country.
Los Angeles June 2 USDA reports butter 430,093 pounds cheese 112,849 pounds eggs 5,469 cases. Butter bulk 3&8. Candled large eggs 34 dozen. Mediums 31 dozen. Small eggs 24 dozen.
Broad scale liquidation pushed cotton futures down two dollars a bale to the lowest since late February. July through January deliveries slipped under 19 cents, undermining buyer confidence amid Roosevelt order uncertainties and Washington politics. Prices steadied later on local covering with July at 18.56-57, October 18.84-85, December 18.99, with later closes showing declines.
June 2 market notes show cattle prices in Los Angeles with feeders and calves steady to higher, hogs mostly steady, and sheep listings mixed. Denver reports offer salable totals and price bands across cattle calves hogs and sheep with freight paid and varying quality grades.
Late foreign exchange rates list official Canadian control board rates for U S dollars with a 10 to 11 percent premium, and Canadian dollar open market at a 9 percent discount. Great Britain rates show buying 4.02 and selling 4.04, open market 4.04. Argentina and Brazil rates move slightly, Mexico at 20.67N. Rates are spot unless noted.
The report highlights Allied air superiority in the air war over Germany and Libya, while Russia claims eastern air dominance. It notes British raids and German losses, Soviet resistance halting German advances at Kharkov, and Rommel's retreat toward Tobruk as Allied forces tighten pressure on Axis fronts.
Churchill announced to the House of Commons that 35 British bombers are missing in the Essen raid after a night attack on the Ruhr. The Cologne raid previously reported 44 bombers lost. Air force leaders warned losses near 6 to 10 percent, while all aircraft used were British-made and the offensive continued across the Dover Strait into morning daylight.
Phoenix June 2 The motor vehicle division said Arizona is among first states to drop border barriers for war materials. Unladen weight fees license plate costs and motor vehicle taxes are waived for trucks with proper identification. Secretary Jesse Jones seeks removal of barriers at all state lines to speed cross country movement of materials.
Wheat and rye prices fall to new seasonal lows as grains and soybeans weaken due to cotton price declines. July wheat around 1.15 and September near 1.18, with soybeans and oats also down while lard and corn show mixed moves in cautious late trading.
A dense schedule lists KTAR KTUC WFAA KOA KHJ KOY KOB KNX KSL WOAL KVOA KPO KECA WBAP KFRC KVOD KFI and more with 6:00 through 12:30 air slots. Programs include Missing Heirs Sweeten Horace Heidt Burns and Alien American Melody Hour Serenade for You We the People Second Husband and sports and news segments across multiple networks.
Wednesday schedule lists morning and afternoon programs across KVOA KTUC and KVOA with news summaries, talk shows, dramas, and sport segments featuring hosts such as Mark Van Doren Joyce Jordan and Bill Stern along with serials like The Goldbergs and The World Today.
Front line dispatches say Rommel struggles to reinforce in Libya as Axis attempts to recover after failing to seize Tobruk by June 1. German forces retreating from Sidi Rezegh and El Duda face renewed British pressure while Cruewell is captured and tank concentrations linger in the gaps along El Gazala Bir Hachein.
Mexico formally declared war on Germany Italy and Japan retroactive to May 22. President Manuel Avila Camacho gained special powers as Congress voted to authorize the war effort with the declaration published in the official Gazette.
A Chinese spokesman said China could cope with emergencies with Allied support, while Japan pressed reinforcements into Kwangtung and Chekiang areas. He warned against the belief China must fight alone, noting US supplies and ongoing guerrilla actions consuming Japanese rear positions. Forty thousand Japanese troops massed at Nanchang are pushing east and south.
Lauderdale calls ground baiting efforts in southern Graham and northern Cochise counties exceedingly successful. He notes infiltration to other counties but believes agents and farmers can cope. Red scale in citrus orchards eliminated by a $5,000 appropriation, with funds left to survey Phoenix, Tucson and Yuma areas.
The piece lists victims including four women aged 73, two university professors, two ministry officials, and a Czech police major. Mannheim reports 13 men and a woman sentenced to death for anti Nazi activities. Gen. von Stuelpnagel says 10 hostages will be shot for a May 27 Paris attack unless the patriot is delivered.
British observers assess Rommel’s forces at Mteifel Esseghir and Ualeb, both south of Tobruk, with stalled action expected as Rommel may widen mine field gaps for a frontal push. British reports deny any desert trap for Rommel’s corps of tanks and transport units massing west of the lines.
Every 10 weeks the average American family discards about 100 pounds of waste paper. That amount could fill 35 food cartons or 80 containers for .75 mm shells, illustrating the scale of paper disposal and its potential reuse.
Officials say Attack Nations plan a western European front placement with production problems holding high strategic importance. Close coordination of American and British efforts is deemed essential to ensure enough weapons and munitions for a decisive thrust in France or elsewhere this year.
About six vessels in a convoy may have been lost or damaged after a large German air assault. German forces claim two Heinkel 111 bombers destroyed and two Junkers 88 dive bombers confirmed down with two more damaged. Over 100 German aircraft participated, complicating operations for Allied warships and merchant ships amid near continuous daylight.
Red Star reports 850 Russian and 1,500 wounded in a 24 hour clash for forest cover. On the northwestern front from Valdai hills to Lake Ilmen and Leningrad front, Russians overcame strong resistance, seized a village and repelled a neighboring attack.
Arizona’s top court ruled the Box company must collect a one percent sales tax on crates used to ship agricultural products. The decision reverses a lower court ruling exempting the company and returning $33,000 paid under protest. Other cases include Chreck v Coates and Lafferty on placer mine claims leasing, and Yeast v Yeast contract cancellation.
The treasury reports cash outlays for war activities at 3,552,676,087 in May, a new high, surpassing April by over 300 million and more than quadrupling last year’s May defense outlays. Through 11 months of the fiscal year ending June 30, war costs total 22,133,946,353.
Juan De Homs Mexican actor and director on a goodwill visit met Mayor Newell W. Stewart in Phoenix on June 2 delivering a message from President Avila Camacho urging continued cultural ties. He will perform an original locally produced show with proceeds for the civilian defense council.
A. L. Pixley of Tucson, a 25 year Southern Pacific employee including 13 years as Tucson agent, becomes local freight agent in Phoenix succeeding W. C. Heim who retires after 46 years in railroading with a career across Burlington, Northern Pacific, and Southern Pacific, arriving in Phoenix in 1922.
A compact listing of local businesses including Gil Tent & Awning Co at 447 8 Stone offering awning work, Pima Paint and Top Shop at 1 E Sixth St for auto painting, Don Rogers at 732 N Stone with motor tuneups, Frank Worek barber services, Willard Battery service at 135 S 6th, and Nita’s Beauty Salon on Broadway at Campbell offering permanents and hair care.
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