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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Jun 12, 1942
Page
10
Salable hogs 7 000, total 14 000, active mostly steady with Thursday's average top 14 25. Cattle run 1 000, calves 300, week end trade more active but beef scarce. steer 11 50 12 75, top 18 85 on best 1293 lb averages. Sheep 1 000, total 5 000, all classes steady. No 2 skins 13 50 15 65. small lots good and choice natives 15 50 75.
New York market edges lower after early modest rally fades. Trading remains light as war news offers little support and weekly protection bids drop. Turnover runs around 250 000 shares with steels, rails, oils and coppers narrow. leaders like American Telephone Allied Chemical Westinghouse Du Pont U S Rubber preferred J I Case and Chrysler steady on the offside.
New York exchange rates show official Canadian control board quotes for US dollars with a 10 percent buying premium and 11 percent selling premium. Open market Canadian dollars trade at a 9 15/16 percent discount, 94.06 cents US. Great Britain official rates are 4.02 buying and 4.04 selling, with open market at 4.04. Argentina 29.77 official, 23.59 free. Brazil unofficial 05N, free 5.20N. Mexico 20.67N. Rates are spot unless noted.
Cotton futures fluctuated nervously in New York as market pace stalled amid uncertain farm legislation. New Orleans selling appeared on rallies with trade and mill price fixing, late values up 5 to 10 cents a bale. July at 17.92 and near-day highs. last quotes 17.95 for July and 18.34 24 for December with other months cited.
Geneticists report distinct white color genes across chicken breeds. The white feather gene in white feghorn differs in inheritance from the white gene in silkies and white rose comb bantams.
LOS ANGELES June 12 U S Dept of Agriculture reports butter receipts 236 248 pounds cheese 113 566 pounds eggs 5 695 cases. Butter in bulk 38 cases Candied large eggs 34 dozens medium 32 dozens small 25.
Kansas City market report shows hogs salable 1500 with top 14.00 and bulk 13.90-14.00 for 190-300 lb. cattle salable 250, calves 100. killing classes steady, vealers weak, stockers unchanged. Sheep salable 1800 with spring lambs active and top natives at 15.25, most good to choice 15.00-15.25. other sheep classes steady. No further details available.
Denver June 12 USDA cattle salable 50 total 200 calves 25 cleanup trade steady. fed mid grade steer 11.00 to 11.50, beef cows 9.00 to 9.50, odd bulls 9.00 to 10.00, stock calves 11.00 to 13.00. Hogs salable 250 total 1400 slow to steady. 180-300 lb hogs 13.65 to 13.85, 160-180 lb 13.35 to 13.80, sows 13.00 to 13.35. Sheep salable 300 total 600. nothing done early, fed lambs 14.75 per head from truck.
Federal State Market News reports cattle prices mostly steady with canner to stocker grades ranging 7.25 to 13.75 for fed steers and heifers 9.50 to 11.25. calves light trading with buyers seeking higher grades. hogs steady to 10 lower with 170 to 220 pounds at 14.50 to 15.00. sows around 12.50 to 12.60. sheep scarce with ewes and lambs priced around 3.00 to 13.75 depending on quality.
Boston traders report a spotty day with domestic wool sales mainly for filling contracts. Bright three eighths blood and one-quarter blood combing fleece wools hold near 50 cents grease basis while civilian buying remains quiet. Extension of mill allotments to August 2 maintains the market on the same basis as the second quarter.
In a dawn attack at Tulagi in the Solomons a U S Navy task force destroyed nine ships and possibly eleven, including two heavy cruisers and three light cruisers. The harbor burned as planes returned unscathed, marking the start of the Coral Sea battle.
President discusses wartime rubber scrap collection plan urging disposal of any usable rubber items from jarrings to rubberized shoes. Campaign led from Washington by the Bureau of Industrial Conservation with petroleum industry help, amid a wave of congressional probes into gas rationing and rubber supply estimates.
More than 1400 votes cast with unofficial counts showing AFL leads in several crafts. Blacksmiths 12 AFL versus 6 CIO, Boilermakers 32 AFL to 3 CIO, Carpenters 5 AFL to 1 CIO, Electricians 23 AFL to 9 CIO, Machinists 19 AFL to 0 CIO, Plumbers 14 AFL to 3 CIO, Teamsters 11 AFL to 2 CIO, Operating Engineers 11 AFL to 6 CIO. completar official count pending.
The document lists varied prices for poultry and small animals including Leghorns, broilers, squabs, and rabbits with weights. It then states urban areas report 67 percent of automobile fatalities as pedestrians while rural regions show 33 percent.
Col. Lowell Smith of Davis-Monthan Field welcomed Col. Eric Nelson a former associate en route from Washington. Nelson, once engineer on Smiths round the world flight, spoke to Tucson base officers with Reed M. Chambers, World War ace and Tucc son Newspapers, Inc., on hand.
The article discusses a wartime accord with the Soviet Union on use of bases and reciprocal aid. It notes concerns by Senator Gillette over Soviet strategic needs, doubts of immediate UN troop landings in Europe, and explains the agreement parallels lend lease terms while prioritizing battlefield aid over monetary support. It also highlights notes by Hull and the shifted debt arrangements and the long term indebtedness to the Soviet armed forces.
The Department of Agriculture warned that U S sugar supply this year may be the smallest in over two decades due to transportation and shipping constraints. World supplies for U S and Allied needs were about 8 million tons while U S consumption runs at 6.7 million tons.
Agricultural production for war will be discussed by Farm Bureau Federation representatives from 11 western states at a regional conference in Phoenix on June 22 23 and 24. Principal addresses will be given by Edward A. O Neal and W F Blackburn. Separate sessions will be held for women.
Phoenix June 12 The state treasury held 625000 today and expected to close the fiscal year June 30 with 500000 on hand the largest in five years State Treasurer Joe Hunt cited tax payments and receipts from other sources including 300000 from Boulder Dam power funds as lifting the treasury from a 2000000 appearance a month ago to its current status
Soviet communique says Russian troops fought fierce defensive engagements against advancing German tanks and infantry in the Kharkov Donets basin. The Donets area battles followed May 12 fighting as Marshal Semeon-Timoshenko pressed his drive on Kharkov. A northwestern German assault was repelled with 200 enemy dead or wounded. Guerrillas in Leningrad killed over 800 Nazis and derailed trains. Red Army fliers damaged or destroyed about 80 tanks and 300 trucks plus munitions depots in widespread actions.
The article reports Rommel shifting focus to Tobruk after securing Bir Hacheim. Free French defenders reportedly withdrew safely, Tobruk defenses remain strong, and British armor is said to be very strong. RAF bombed targets west of the battlefield hitting Jalo and Antelat near Agedabia.
Fletcher's forces surprised Japanese units at Tulagi and Florida Island, crippling most enemy vessels and leaving few able to sail. Navy reports on May 7 tallied 12 ships sunk or damaged and six aircraft destroyed, with American losses at three aircraft. Three days later Allied bombs sank the Japanese carrier Ryukaku as it prepared to launch aircraft.
General trace found of the missing bomber. Brigadier General Tinker was commander of the Army Air Forces in Hawaii after Pearl Harbor. He accompanied Emmons to Hawaii to take command and relieved Major General Martin.
More than 200 Miami residents crowded a mass meeting to demand the mayor and city council seek a federal defense housing project. The resolution cited acute housing shortages for miners and urged no obstacles to copper production.
The department of agriculture estimates this season's grapefruit production will rise in Arizona Texas and California while Florida's crop declines. Arizona is forecast at 3 100 000 boxes based on June 1 conditions up from 2 650 000 last year and above the 1930 39 average of 1 505 000.
Christchurch police faced a surplus of unclaimed bicycles after a shortage led to 180 wheels being left at the central station. The authorities announced an auction to legally dispose of the bikes, ensuring proper sale of the seized property.
An extensive directory lists Weedless Fertilizer Co and Middlee ton's address and products, Desert Gardens Nursery open Sundays, and multiple painters, piano services, printing, roofing, rug cleaning, saw filing, and upholster ing firms with contact details and offerings. The listings name Torrea's fertilizer, ant-alkali peat moss, vegetable plants, landscape contracting, and several storefronts across Speedway and nearby streets.
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