Market Movement Drives Wall Street Through Morning Surge
On June 12 New York stocks rose as much as four to nine points amid hopes for Paris defense and long term US industrial gains. A cash influx fueled a brisk morning with about 1.5 million shares traded before noon slowed. Leading names included U S Steel Bethlehem Inland Douglas Wright Aeronautical Glenn Martin Westinghouse du Pont and others as bonds also climbed.
MENTIONED IN THIS ARTICLE
New York
Seaboard Air
Seaboard Oil
Sears Rock
Servel Oon Eeeneeee
Sharon Sil Corp
Am Gas & L
Dow Jones & Co
E. F. Shattuck F G
Oar Am Lt & Tance
Hutton & Co
New York Stock Exchange
Shell Union
Indus
Ark Nat Gas A
Babcock & Wil
Sou Amg & P
Baldwanewar
Sou Rico Sug
Berk&Gay Furn
Sou Wrete Secon
Blue Ag
Abbott Lab
Gen Real & Ut
Fae
Er Corp
Adams
Refract
Cities Service
Addresseg
South Ry
Seeee Eens
T & Rub
Sparks Wi YS Coors
Alaska Jun Secesscees
Gillette
A Sperry Corp
Colum G&e Pf
Gimbel Bros
Spiegel
Cnteany
Corith & Sw
Alleghany
Alleghany Corp
Glidden Co
Eee
Gobel (Adolf
Crocker Wh Eim
Allied Strs
al Chem & Dye
Wee Goodrich
Stan Boads
Eagle Pich
G&e
el Bond & Sh
Goodyear T & R
E B&sh Pf
Am Airlines
Goth Silk H
Ford M
Graham Paige
Gen Alloys Veto
Gen Out
Car & Fay
Grant W T
Stewart Warnace Ye
Glen Alden Coal
Am Ch & Cable
Gt Norkore Ctf
Stone & Web
Gt Atl & P Nw
Alco
Studebaker
Greyhound
Hide & Lea
Humble Oil
H. Swift & Co
Imp Oil Ltd Oeee
M & Met
Tenn Co
Lone Star
Ow & Lt
Tex & Pac Ry
Louis L&e
Am P&l
Houston Oil
Texas Corp Wostaveeee
Mesa
Tex Pac
Nehi Corp
Smelt
Illinois Cent
Pioneer Gold
Pitts Pl
Republic 4 Via
Am Zine L
Interb Rap T
Trans&West Air
St Regis Papeeeese
Anaconda
Arm Ill
Sunray
Armstrong Cork
Int Harvest
Hydro-El
Atch
T& SF
Nick Canvaeeee
Bag & P
United Gas
Pap & Pow
Int Pap&p Pf Wewnee
UN Oil Cal
Atlas Corp
Int Tel & Tel Aernee
UN Pac
Wright Harg Mestic Sonds
Aviation Corp
Interst Datrs
Unit Air Lines
Unit
Aircr Crp
Elec
S Ark P&l
Baldwins
Baldwin Loc
Johns Manville
United Corp
Balt & Ohio Sures
Balt & Ohio Pf
Cit SP
Beth Sd
Lehman Co
U S Leather
P&l
Lockheed Aire
S Steel Pf
Briggs Mfg
Loew’s
Brklyn Man T
Va Caro Chem
Bklyn UN Gas
Lone Star Cem
Caro Ch
Bucyrus Erie
Walgreen
Bulova Watch
Mack Trucks
Walkerh G&w
Burr Ad
Wilson & Co
Minn Moline
Yell Trk & C
Chi M Stp&ppf
Monty Ward Teeee
Childs Co Weer
Murray Corp
Climax Molyb
Cluett Peabody
Zenith Radio Zonite Prod
Coca Cola
Nash Kelvote
Colum G & el
Comwith & Son
NYNH
Y Shipbldg
Insare
North Am Oetecee
Secre
Northern Pac Wecene
Wwe
Coty Inc
Ohio Oil
Crane Co
Oliver Farm
Crosley Corp
Omnibus
Crown Cork
Curtiss Wright
Pacg & el
Pac
Deere & Co
Park Utah Otteeteese del & Hudeewewerses
Pathe Film
del Lack & W
Patino Mines
Devoe & Ray
Dist Corp Seag
Penick & Ford
Dome Mines
Penney J C Taeeenee
Douglas Airc
Eastman Rod
Philip Morris
el Auto Lee
Phillips: Petey
Pitt Scr & B
Plymouth Oil
el Pow
Poor & Cob
el Paso Nat Gas
Endicott-John
Procter & Gam
Erie R
Pullman
Firestone T & R
Radio Corp Am
Foster Wheeler
Reading Co
Freeport Stl
Rem Rand
Reo Mo
Millsaint
St Jos
Ry Sig
Schenley
Ste
Wall Street
Paris
United States
U.S. Steel
Bethlehem
Inland
Douglas
Wright Aeronautical
Glenn Martin
Westinghouse
du Pont
American Smelting
Phelps Dodge
American Telephone
Pressed Steel Car
Norfolk & Western
Santa Fe
New York Central
American Woolen
Phillips Petroleum
Bar Silver Holds at 35 Unchanged in New York Market
In New York on June 12 silver bars traded at 35 cents per ounce with no change in price. Dealers reported steady demand as markets closed with prices unchanged from the prior session.
MENTIONED IN THIS ARTICLE
New York
Produce receipts show butter and cheese totals in Los Angeles
Produce exchange totals for Los Angeles dated June 12 list butter 116100 pounds cheese 108900 pounds and eggs none in cases. Butter bulk 28 cents per pound candied large eggs 21 cents per dozen do mediums 18 cents do smalls 1 penny per dozen
MENTIONED IN THIS ARTICLE
Los Angeles
Calif
Kansas City Livestock Prices Rise Across Hogs Cattle and Sheep
Hogs total 1500 with top 5.25 to all interests and heavier weights scarce. Cattle total 2200 with calves 500. slaughter steers slow but steady, stockers scarce. cows and bulls steady to firm. Sheep total 6000 with clipped lambs active and best lambs around 8.25 to 10.75, springers slow.
MENTIONED IN THIS ARTICLE
Kansas City
Nebraska
Denver cattle and hog market report with mixed gains
Cattle sale totals: 800 salable and 100 calves. fed steers and heifers up to 10 higher, other classes steady. Hogs: 600 salable of 1,600 total. weights 180-270 lbs, prices 5.15-5.40, up to 5.45 for odd heads. Sheep: 6,200 salable. native spring lambs 10.25, carlots higher, yearlings 7.50, ewes 2.75. stockers scarce.
MENTIONED IN THIS ARTICLE
Denver
Livestock Prices Across Los Angeles and Chicago Markets
Hogs plentiful with 500 head in Los Angeles market and prices up to 6.50 for choice 204 lb Californias. cattle offerings around 800 head with varied quotes from 7.25 to 9.75 for steers. calves scarce with weights 7.00 to 11.75. sheep 600 head with ewes steady and spring lambs around 11.25 to 11.50. Chicago hogs 12,000-18,000, mostly 10-20 higher with tops at 5.40. cattle 8,000 with yearlings at 11.10 and heavy steers 9.40-10.25. sheep 1,000 with native lambs steady and best around 11.50.
MENTIONED IN THIS ARTICLE
Los Angeles
Californias
Chicago
Local cos prices update for medium and large
Local news reports price changes for medium and large items with emphasis on consumer costs. Details specify adjustments in local market listings and potential impact on shoppers.
Financial Briefs By Dahlberg Durand Co and Empire Securities
Willys Overland Motors Inc through Empire Securities Inc transfers 200000 shares of common stock to a new corporation for munition and armament activity. General Motors hopes to continue automotive business. Despite adverse European war news and a stock market drop, the corporation reports satisfactory May results versus April.
MENTIONED IN THIS ARTICLE
Dahlberg, Durand & Co
Willys-Overland Motors, Inc
Empire Securities, Inc
General Motors Corporation
General Foods shows steady gains into second quarter
Business for General Foods in the past two months is believed to have risen similarly to a year earlier as in the first quarter when dollar sales rose 10 percent. With strong April and May activity and profits already on the books, the quarter’s results depend on sales this month.
MENTIONED IN THIS ARTICLE
General Foods
Domestic business leads in second quarter for radiator firm
The American Radiator and Standard Sanitary Corp reports strong early second quarter activity, driven by a boom in residential construction. April sales hit the highest monthly total since August 1929, signaling a rebound from the prior year.
MENTIONED IN THIS ARTICLE
American Radiator & Standard Sanitary Corporation
Brewster Aeronautical Reports Large Orders and Backlog Growth
Brewster Aeronautical Corporation received an order valued at 26.572 million dollars for fighting planes, bringing its backlog to 44.628 million dollars. By the end of May unfilled orders stood at 18.056 million, up from 2.250 million at May 1939 close.
MENTIONED IN THIS ARTICLE
Brewster Aeronautical Corporation
Foreign Exchange Headlines Move Markets in Quiet Session
Exchange notes from New York June 12 report the free pound steady amid talks in London to formalize the official rate and end the free price. The pound dipped briefly but recovered to a net loss of one cent. the French franc fell slightly while various currencies across major markets show mixed movements in late quotes.
MENTIONED IN THIS ARTICLE
New York
London
Great Britain
U. S
Belgium
Denmark
Finland
France
Germany
Greece
Hungary
Italy
Netherlands
Norway
Portugal
Romania
Sweden
Switzerland
Yugoslavia
Argentina
Brazil
Mexico
Japan
Hongkong
Shanghai
Cotton futures rise as market gains on selling pressure fades
Cotton futures in New York rose near two dollars a bale on renewed buying from traders on Wall Street and abroad. Limited offerings and profits taking tempered gains as favorable weekly weather and a low May consumption estimate encouraged selling in the South. Old contracts closed 10 to 26 points higher.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New Contract Dates and Futures Rates Listed
July 9.97. New Contract July 10.22N, Oct. 9.08, Dec. 9.00, Jan. 8.92N, March 8.82, May 8.67. Middling spot 10.85N.
Wheat Futures Fell Amid Demand Slump and Weather
Grain prices in Chicago slipped as selling pressure from weak domestic and foreign demand, favorable weather, and crop prospects outweighed last session gains. War reports on German advances added unease while price limits fixed after May’s collapse were set to be removed Friday. July wheat closed 2 and a half to 3 cents lower at 821 82, September at 82 6, corn and oats also weak.
MENTIONED IN THIS ARTICLE
Chicago
France
Lost gall stones puzzle in Pittsburgh car
A worried man contacted the Pittsburgh Railways lost and found to inquire if his gall stones had been returned. He kept the stones as souvenirs from his operation in a small bag he left on a streetcar after leaving the hospital.
MENTIONED IN THIS ARTICLE
Pittsburgh
Lost and Found Department of the
Pittsburgh Railways Company
German Drive Seizes Part of France As Allied Losses Grow
German high command reports a June 5 offensive between the English Channel and Laon driving French forces back across the lower Seine after capturing Reims and signaling a major push toward Paris. Allied air losses include 59 planes and three balloons. Le Havre bombed again as German raids continue.
MENTIONED IN THIS ARTICLE
Paris
Rouen
Seine
Reims
English Channel
le Havre
High Command
Laon
Weygand
Somme
Champagne
Suippres
Germany
Trondheim
Bergen
Norway
Rancom
Defense planes and munitions traded to Allies amid production shift
The White House said the army will turn reserve manufacturing equipment to private industry for rapid production of smokeless powder ammonia and small arms ammunition. Earlier reports note 37.6 million dollars in surplus munitions traded to U S steel export company for resale. Northrop aircraft can fly about 1000 miles without refueling and were designed to harass troops from low altitude.
MENTIONED IN THIS ARTICLE
White House
U. S. Steel Export Company
Northrops
Mrs. Robishaw Shifts from Daffodils to Potatoes at 99
Mrs. Charlotte Robishaw, a 99 year old gardener from Ribston England, is converting her acres from daffodils to potato cultivation. She directs farming activities and personally digs alongside workers.
MENTIONED IN THIS ARTICLE
Charlotte Robishaw
Little Ribston
England
Mussolini Reaffirms Neutral Italy as Egypt Tensions Rise
Premier Mussolini said Italy would remain neutral while developments in the war press Egypt to avoid severing ties. Egypt’s Mostafa Sadek Bey suggested any break would follow Britain’s 1936 treaty with Cairo. Italian air strikes hit Malta and British actions in the region were reported as morale rose for Crown Prince Umberto.
MENTIONED IN THIS ARTICLE
Italy
Egypt
Sagen
Mussolini
Mostafa F Sadek Bey
Mostafa
Britain
Malta
Umberto
Lata
Rome
Cyrenaica
Ocean liner stopped by submarine 240 miles NW of Lisbon
A liner carrying a 570 crew and refugees was halted 240 miles northwest of Lisbon while en route to Galway to collect more refugees. The encounter occurred about 145 miles off Spain's northwest coast. A US spokesman declined comment on war position, citing rearming, economy, and the coming presidential election as irrelevant to US involvement.
MENTIONED IN THIS ARTICLE
Lisbon
Portugal
Galway
Ireland
Spain
United States
Notice of Hearing Probate Will Wm G Atwell Estate
In the Superior Court of Pima County Arizona Louise J Merrill petitions for probate of the Last Will and Testament of Wm G Atwell deceased hearing set for June 17 1940 at 9 30 AM in Tucson court room all interested parties must appear to show cause why probate should not be granted. Belle D Hall clerk Eva L Cloud deputy clerk. Pub dates June 4 1940 through June 14 1940.
MENTIONED IN THIS ARTICLE
State of
Arizona
County of
Pima
WM. G. Atwell
Louise J. Merrill
G Atwell
Tucson
Belle D. Hall
Eva L. Cloud
Superior Court
Edith Anita Harbine
Lucille H. Pay
State of Arizona
Also Mentioned on This Page
THE
Associated Press
Cop & Zinc
Calum & Hecla
Cerro de Pasco
Con Copper
Hecla
Kennecott
Inspiration
Magma
Miami
Newmont Pes Eeeeenee
Amé&Ford
T&t
Ancon Cp
AT & SF
B&o
B&o S
Beth
Bos & Me
Bkly Edis
C&o
CB & Q
Cmsp & Pac
Ch&nw
Cri&p
Con Oil
Cuba NoRy
D & RG
Duqu Lt
Gen St Cast
Goodrich
Gt Nor Ry
Hudson Coal
Hud&m
L& A
Mo Pac
Seeccesee
Natl Steel
NYC
Nych&stl
Nychestl
Ning Sh
Nor Pac
Pennrr
Phila Co
Postal T&c
Utah P&l
West UN
S&t
Rae Ee Ae
Ravintansiownian
Diatgrece An Metals
Conn
Valley
FAS
East St. Louis
Banks and Trust Stock
Bk of Am Nts
Seeeeeeereewes
Bank of Man
Bank of N
Bankers Treaeee
Bklyn Tr
Cen Han Bk &Tr
Sia
Chase Nat . Aeeeereee
Chem Bk & Tr
Commercial Jones An
Bk & Tr
Corn Ex
Bk & T
Empire Tr
1635 Guaranty Tr . Eeeesereee
Irving Troo
Manustri Tr Pf
Eaeeneenssee
N Y Trust
Reese
G & T . Eaeen
Finders Keepers
Continental Clean Aire
South Park Avenue
Russell & Shepherd
Fourth Ave
Congress
Hubbard’s
Grand Ave
St Mary's
Mitchell
E. Helen
Tippy
Blue Cross Hospital
Arizona Mortuary, Inc
Parker Mortuary
North Stone Avenue
Reilly
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