Market News Summary From Midwest and Chicago Trading Floors
Hogs, cattle, and sheep markets show slow, uneven trade across Kansas City and Chicago. Hog price tops reach 13.90 for 180 lb, with other weights easing. cattle and calves mix steady to weak in some classes and higher in others. Sheep sales limited with scattered steady lambs. dealers show weakness in some beef categories, while certain fed steers and heifers hold near prior highs.
Exchange Rates in New York Open Markets June 3
Late reign exchange rates show Canada at buying 10 percent premium and selling 11 percent premium for U S dollars. Canadian dollar in New York open market 90.06 cents, up 0.06. Britain official rate 4.02 to 4.04, open market 4.04. Argentina 29.77 official, 59 free, Brazil official and free 5.20, Mexico 20.67. Rates in spot cables unless indicated.
MENTIONED IN THIS ARTICLE
Coneetic
Lockheed Airc
Loew's Inc Oo
Lone Star Cem
Indus
St’ks
Marine Midland
Marshall Field Sneer Eneeeneee
Martin (Fl) Ee
Dhkess
New York
Montgom
Murray Corp
Alaska
Juneau
Nash-Kelvinator
Hem & Dyeeeeewees
Nat Acme
M Airlines
Nat Dairy
Nat Distillers
Ener Enone
Am Car & Fdy
Nat Lead
Ch & Cable
Nail Steel
Locomotive
Y Central R R
Northern Pacific
Eeeee Eeeeree
Ptch
T & Steerersersees
Coast Line
Penney
J C
Eeerewens
Philip Morris
Ld Loco
Ohio
Proctor & Gam Phillips
Strnsdal
law-Knox
Ing
Arden
Arden Ores 16 19% 193% 19% A% A 3S Radio Corp of Am Eresesee
rg-Warner
Repub Stee
Riggs Mf
Reynolds Tob
Maurling
Itianaisiseatan
Alif Packing
al Sc
Studebaker Corper
South Oenewe
Swift Eee
Edis
Ryt
Consol Aire
Cons Edison
Texas Co Seewersene
Nsol
Texas Gulf Sul
Seeeteee
Container Corp
Timken-Del Axle
Transamerica
Ats A
Trans & & West Air
Ornane Co Products
Crucible Steel
iSly A Union Bag & P
Union Carbide
ban-Am Sugar
Union Pacific
United Air Lines
United Aircraft
United Corp Iine
United Drug Saeeereee & Co Aeerenerene
Die Mines orp-Seag
United Gas Imperewwennes
Pont de Neeeree Eeewe Ee
Lee Boat Eeewetereee
Ng Pub Service
Aeeeewees
Oy Westin West Union
Air Br
Wilson
Woolworth
N Mills
Motors Oe
Youngst
Sh & T
Illette
T&r. Sererer
T Northway Pfipa
Arts
Seeeeeseecs Rowsns Sconeesceseressserteeeeeeteresesossevesss
Reyhound Corp Eeeere
Neen Ata Ae
Oeetarons
Koud-Hershey
Calumet & Hecla
Mer Marine
Inspiration Als Kennecott
Miami A Eeeetereee Wares
Pohns-Manville
Newmont
Exchange
Real Britain
Canadian Control Board
Tes
U. S
Bankers Ign Exchange Committee
Argentina
Brazil
Mexico
Poultry Prices for Local Live Birds and Dressed Meats
Local market lists prices for live poultry and dressed items. Leghorns and colored hens show varying weights with per pound prices from 22 to 30 cents. Squabs and rabbits are priced at 50 cents and 35 cents per pound respectively.
Grain prices steady after year’s low halt
Chicago June 3 grain prices paused their decline as mills and professional buyers chased the lowest wheat quotes since October. July wheat rallied about 16 cents under the government loan rate while corn dipped then recovered. Cotton and hog futures weighed on corn, with wheat closing near day highs up about a half to one cent.
MENTIONED IN THIS ARTICLE
Chicago
Wool Market Report From Boston Recounts Texas Wool Trading
There was light spot trading on the Boston market with Texas 12 months wool at 1.15 to 1.18 dollars per pound scoured for good combing types. Domestic fleece wools are quiet with occasional bright quarter blood combing graded near 50 cents grease. Scoured fine cape wools sold around 1.05 dollars.
MENTIONED IN THIS ARTICLE
Boston
U. S
Market Ends Mixed as Indecision Rules Wall Street
The New York market shows little movement with few notable price changes. Steel and motors dip slightly while rails rubbers and aircraft move irregularly and copper holds. Volume runs about 275000 shares as corn and cotton futures unsettlements dampen buying.
MENTIONED IN THIS ARTICLE
New York
U S Agriculture Produce Receipts Report
Los Angeles on June 3 reports USDA receipts showing butter totaling 242 370 pounds and cheese 9 035 pounds. Eggs amount to 7 628 cases with butter in balk 38 cases. Candied large es 34, do mediums 3043, do am.
MENTIONED IN THIS ARTICLE
Los Angeles
U. S. Dept. Agr
Los Angeles Livestock Market Report Shows Varied Prices
Cattle numbers around 850 head with activity steady to limited. Medium to good steers sell 11.75 to 13.00 with some over 13.25, cows down to 6.00, calves 300 head show 12.00 to 14.00 for medium to choice, hogs around 300 head slow but steady with tops near 15.00 for select 195 lb, lambs 13.00 to 25.00 for good to choice 89 to 100 lb, ewes 7.00 to 25 per cent at 6.00 under deck.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Los Angeles
Marget
Cotton prices drop for fifth straight session in New York
Cotton futures declined amid improved weather data and Washington price orders, pushing July delivery under 18 cents. Late losses reached 60 to 75 cents a bale, with names like July and December futures at 18.41 to 19.17 cents, and middling spot around 19.95 cents.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Government
Washington
Longs
War Updates Across Asia and Pacific Fronts
Pacific forces push east of Nan chang as Japanese claim progress from Canton toward Hankow. Eden says Britain and the United States will provide China with all possible war materiel. Madagascar report notes British movement toward Androvorano near Diego Suarez base. Allied air raids hit Japan bases in the Solomons and Timor. Flying Tigers claim 28 to 32 Japanese planes destroyed in May while aiding Chinese defenses against incursions from Burma.
MENTIONED IN THIS ARTICLE
Nanchang
Kwangtung
Canton
Canton- Hankow
Chiang
Anthony Eden
London
Britain
United States
China
Madagascar
France
Africa
Androvorano
Diego Suarez
Australia
MacArthur
United Nations
Tulagi
Solomon Islands
Rabaul
New Britain
Atamboca
Timor
Flying Tigers
Burma
AVG
Salween River
Yunnan
Civil Service Expansion and City Commission Leader
Professor Howard pushed for full civil service coverage beyond police and fire. In 1937 the council extended civil service to most city employees, while appointing and dismissing rights stayed with the council. After political friction he remained on the commission and traveled to San Francisco for an OPA officials conference.
MENTIONED IN THIS ARTICLE
Commission
Prof. Howard
Howard
Janstad
American Air Lines
San Francisco
OPA
Senate May Move To Accept House Pay for Sailors
Dependents reference committee reports Senate voting for 42 dollars a month back pay for privates and apprentices with House proposing 50 dollars. Men currently receive 21 to 40 dollars monthly based on service length. La Follette calls delay an outrage and urges a 50 dollar base pay with 8 dollars in war bonds under a compromise proposal.
MENTIONED IN THIS ARTICLE
Senate
House
Robert M. la Follette
Wis
Congress
la Follette
Roosevelt
Radio Highlights Schedule Pages Across Stations
A dense list of radio programming from多 stations including Fred Waring KECA KOA KNX KGO KPO and others with times from 6:15 to 12:20 and dance orchestras after 8 PM. Notable names include Jack Owens Shirley Temple Kaltenborn Eddie Cantor Kay Kyser and Amos n Andy among many.
MENTIONED IN THIS ARTICLE
Fred Waring
KVOA
H. V. Kaltenborn
KFT
KSL
KECA
KGO
KNX
KPO
World_ News
Jack Owens
Harry W. Flannery
Dr. Christian
KOA
K c
Bob Garred
Bill Henry
KFI
Elmer Davis
KTUC
Eddie Cantor
Shirley Temple
London
KFRC
Calloway
Jimmy Starr
R. Sherman
Sweeten
Gray Parraga
Kay Kyser
Rick Ce
John B. Hughes
KTU
Jim
KFO
Vera Barton
Uncle Walter
Brewster
Army Camp
KTAR
J. B. Hughes
Deane Dickason
Fulton Lewis
the Boys In Blue
Erskine Johnson
Rodriguez Sutherland
KTCA
Knox Manning
New Bombing Strategy Targets Bomber Production
The piece explains a novel German method of strategic bombing aimed at crippling bomber production. By striking four vulnerable plants in the assembly line for undercarriages and similar critical components, enemy air forces could force repairs or rebuilding before any return to full output. It also notes raids on oil refineries storage and transport hubs. Prime Minister Winston Churchill outlines plans to intensify such attacks in the coming months.
MENTIONED IN THIS ARTICLE
England
Winston Churchill
Navy Plans Broad Submarine Carrier Build Up
The Navy outlines an Atlantic coast response to the submarine menace with support for small fast aircraft carriers over larger ships. After approval, construction starts immediately as old Ways vacate and new keels are laid. Congress considers a supplemental bill totaling about 654.9 million in direct appropriations and 1.04 billion in contract authority, with 887.5 million for submarines.
MENTIONED IN THIS ARTICLE
Atlantic
Vinson
Naval
House Appropriations Committee
Marine Corps
Naval Supply
Coast Guard
Ray Martin Announces Run for Arizona House District 3
Ray Martin of 25 East Corral Street announces candidacy for state representative from district 3 to succeed his brother, former district 4 incumbent. Red Cross role noted. district realignment moved residence into district 3.
MENTIONED IN THIS ARTICLE
Ray Martin
East Corral Street
Red Cross
Davis-Monthan Field
Martin
Britain intensifies night raids across France and Ruhr
Allied bombers pressed a new offensive targeting German industry from Holland to Brittany as 14 aircraft failed to return and a vast fire burned near Essen. Britain reported 7 700 daylight flights in May and described the strikes as the start of a second front in the west with raids on Dieppe and northern France.
MENTIONED IN THIS ARTICLE
Bomber Command
Ruhr
France
Cape Gris Nez
Air Ministry
Essen
Dieppe
Holland
Brittany
Britain
England
Dutch Harbor as Key U S Base in Aleutians
The text argues Alaska is vital for U S naval and air campaigns against Japan with Dutch Harbor serving as the practical base for surface ships and submarines. It notes Dutch Harbor on Unalaska as the main Aleutian stronghold, near routes from Seattle to Yokohama, and lists major wartime projects including submarine and air bases at Dutch Harbor Kodiak Sitka with substantial investment.
MENTIONED IN THIS ARTICLE
Alaska
U. S
Japan
Navy
Dutch Harbor
United States
Aleutian Island
Army
Kodiak
Sitka
Labor Needs Should Be Made Known Early
Farmers needing extra labor are asked to contact the U. S. employment service at 61 East Pennington Street at least two days before work. County agricultural agent C. B. Brown said registrations of high school students are being accepted to ease wartime labor shortages. Some report to the office without a job request.
MENTIONED IN THIS ARTICLE
U. S. Employment Service
East Pennington Street
C. B. Brown
Brown
Cigarettes and Smoke Measured in Unusual Unit
A playful historical note compares smoking to puffing 16 packages to yield one ounce of smoke, illustrating the density of tobacco use in exaggerated terms. The remark underscores how quantities and units were used to describe everyday habits.
British Roll Back Rommel At Ain El Gazala Front
British forces press Rommel’s Italian German divisions along a 50 mile coastal to inland line from Ain El Gazala to Bir Hacheim. RAF air and land forces coordinate to strike gaps and press the retreating axis, with salvage crews to repair many damaged tanks.
MENTIONED IN THIS ARTICLE
Britain
Ain el Gazala
Bir Hacheim
Rommel
RAF
Axis Tanks and Vehicles Out in Libya Battle
Cairo reports that British land and air forces destroyed or captured at least 1,260 Axis tanks and vehicles in Libya. The fight raged near Tobruk on a 10 mile front east of the gaps between El Gazala and Bir Hacheim, with Auchinleck noting 260 tanks taken or destroyed and the RAF claiming 1,000 Axis vehicles fallen. American 28 ton General Grant tanks aided the assault on the Axis advance.
MENTIONED IN THIS ARTICLE
Cairo
U.P
Erwin Rommel
Knightsbridge
Tobruk
el Gazala
Bir Hacheim
Libya
Claude J. E. Auchinleck
Imperial
Royal Air Force
German Offensives and Russian Resistance in Kharkov Region
The report describes German counteroffensives south of Kharkov met with Russian denial of German victory. It notes German regrouping for a possible renewed Kharkov drive or southern operation, while Kerch gains are nullified for now. Timoshenko’s attack worsens supply lines to Moscow as Lake Ladoga opens and dries ground aids southern maneuvering.
MENTIONED IN THIS ARTICLE
Page One
Kharkov
Timoshenko
Kerch
Kerch Strait
Caucasus
Rostov
Ukraine
Kalinin
Leningrad
Moscow
Lake Ladoga
Senate war stance amid Rankin vote on President’s plan
Senators signal swift approval when Congress reconvenes Thursday. Nye argues for clearing decks for military and political action. Johnson sees declaration against Axis nations aiding them as aiding Russia and improving ties with Turkey.
MENTIONED IN THIS ARTICLE
Miss Rankin
Senate
Nye
R-Nd
Johnson
D-Cole
Russia
United States
Turkey
Local Commerce Directory Listings Include Awnings and Services
Readable city directory items list various businesses with addresses and phone numbers. Awnings, auto repairs, painting, barber services, battery service, oil permanents, beauty salons, and Marinello beauty system instruction are shown with contact details.
MENTIONED IN THIS ARTICLE
E. Ninth
Gil Tent & Awning Co
Stone
E. Sixth St
Don Rogers
N. Stone
Guar
NITA
Broadway
Campbell
Stone Avenue
South Stone
Chenault's
Also Mentioned on This Page
Associated Press
Dow Jones & Co
E. F. Hutton & Co
New York Stock Exchange
Kansas City
U.S. Dept
Colorado
New York Bank and Trust
Bank of Am Nts
Bank of Manhattan
N Y Enenencenseses
Énkers Trust
Brooklyn Trust
Gen
Hank Bk & Tr
Chase Nat
Hem
Ieee
Bk & Tr
Mpire Trust
Lrst
Nat Boston
National
Uaranty Trust
Ying Trust
United Fruit
American Airlines
Pan American Airways
Goodrich
Sears Roebuck
Santa Fe
Westinghouse
American Telephone
Western Union
Bethlehem Steel
General Electric
J. C. Penney
New York Bonds
T&t
Chi
ATS
So Pac
Stude
Western UN
Pacific
Curb Am Cyan B
Am Gas & el
Am Light & T
Am Superpower
Carrier Corp
Cities Service
Coesee
Cit Sve
el Bnd & Sh
el Bnd & Sh Pf
Ford Met Ltd
Gulf Oil
Humble Oil
Lone Star Gas
Ning Hud Pow
Pennroad i
Repab Avia
St. Regis Pap Solar Aire Technicolor
RADIO
Duchin
Steele
Miller
Jurgens
Dorsey
Kaye
Davidson
Williams
Herman
Kemper
Osborne
Ray Noble
Arizona House
AXIS
Henry T. Gorrell
Business Directory
Frank Worek
J.deal Barber
E. Ra H
Arkeng
J. Z. King
Willard