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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Jun 17, 1941
Page
10
Market news by Associated Press notes closing averages as provided by Dow Jones & Co through E F Hutton Co members of the New York Stock Exchange with brief performance context for the period.
In New York and Chicago trading soybeans stole the show as deliveries topped seasonal highs. Cotton and cottonseed oil gains spurred soybeans and other grains higher while wheat and corn closed near Monday levels, with lard reaching new seasonal highs.
Treasury U. S. bonds quotes show 3s at 45 43 and 4s at 54 44 with clean indices of 107.2 and 111.25 across listings. Market table reflects stable bid and ask levels for government securities.
Copper steady in New York spot and electrolytic prices with Conn valley at 12.00 for export FAS N Y 11.00 12.00. Tin steady at 52.37 52.12 forward. Lead steady in New York 5.85 5.90 with East St. Louis at 5.70. Zinc steady East St. Louis spot and forward 7.25. Pig iron aluminum antimony quicksilver platinum Chinese wolframite and domestic scheelite unchanged.
In New York on June 17 the bar silver price remained unchanged at 34 percent, reflecting a steady market for precious metals.
On the Boston wool market little business occurred as many wool houses closed for the local holiday. A few kept partial staff to handle routine matters or prearranged buyer needs. Mills showed interest in graded territory wools at 11.03 dollars scoured for staple combing half blood and 90 to 93 cents for combing three eighths blood. Earlier reports note a sale of combing three eighths blood bright fleece at 46 to 47 cents in grease.
Local live poultry prices show kyers colored between 2 and 3 pounds at 25 cents per pound with Leghorns over 2 pounds at 23 cents per pound. Broilers colored under 2 pounds at 25 cents, over 2 pounds at 23 cents. Squabs dressed at 55 cents per pound and rabbits dressed at 30 cents per pound. Leghorns hens four pounds at 17 cents, over four pounds at 19 cents. Soft breasted roasters at 25 cents. Colored hens 3 1/4 to 4 1/2 pounds at 22 cents and 4 pounds up at 24 cents.
Fragmentary report notes changes in egg pricing across markets with references to local retailers and unaudited figures. Details are unclear but suggest ongoing volatility affecting households and small businesses relying on poultry products.
U S Dept of Agriculture notes on June 17 cattle hogs and sheep sales. Hogs 3 900 total with top at 10 00, cattle 4 000 and calves 600 with varied steers and cows cited. Sheep 7 000 with yearlings down and spring lambs above 10 50 for good quality.
Salable hogs 13 000 total 18 000 opened steady to strong close more active spots 5 10 higher top 10.00 paid freely good and choice 180 270 lbs 9.75 10.00 most 270 360 lbs butchers 9.50 9.85 well finished 150 170 lbs under 9.25 9.75 good 370 500 lbs packing sows 8.75 9.15 lighter weights to 9.25. Salable cattle 7 500 calves 700 mostly 9.50 11.25 several loads weighty steers 10.60 11.50 Iowa fed steers 12.00 yearlings around 11.75 medium steers 10.00 down stockers 10.75 down choice feeder division up to 11.25 best 11.35 early fed heifers active cows slow steady bulls vealers steady sausage bulls 8.75 9.00 weighty vealers 11.00 down few 11.50. Salable sheep 1 000 total 3 000 spring lambs steady to strong bulk 80 88 lbs natives 11.50 11.65 throwouts scarce 10.00 down other classes steady one deck 95 lbs shorn lambs 9.25 odd native ewes 4.00 4.50 with heavies down from 3.50.
Los Angeles report lists hog supply 200, quality mixed with choice scarce. prices in 165-231 lb range around 11.23 to 11.50, some unsold. Cattle sales 400, steady. Idaho fed steers 11.60, common 8.00, Mexicans 7.15, cows 6.00-7.00, bulls 8.00-25. Calves 250, vealers 13.25, calves 10.00-12.00. Sheep 250, deck medium to choice 70 lb, springer lambs 10.75, ewes 3.00.
Cattle totals 1 600 salable 100 calves and 10 15 high er heifers load 766 lbs 10 75 top. Hogs salable 500 total 800 fair ly active 10 25 10 35 top 10 35 sows 8 65 9 00. Sheep salable 6 100 market not fully established with spring lambs 10 50 10 75 and far ewes around 4 50.
Independent retail stores in Arizona did more than three times the business of chain stores in 1939. The census bureau reported 5,762 independents with $121,837,000 in sales and 12,280 workers. Chains comprised 414 stores with $34,654,000 in sales and 3,715 employees.
Arizona remains fair this afternoon and Wednesday with little temperature change. New Mexico sees partly cloudy skies with scattered showers and thunderstorms over eastern mountains, mild temperatures. Southern California develops increasing high thin cloudiness through Wednesday. West Texas is partly cloudy with scattered showers and storms in the Panhandle, slightly warmer on Wednesday.
New York cotton futures climbed 16 to 20 cents as trade shorts and mills supported values despite Bombay selling and profit taking. Nearby contracts closed with July around 14.20 to 14.22 and December near 14.50, with Middling spot at about 14.95.
In New York on June 17 the Canadian dollar and Mexican peso eased vs the U S dollar. Late rates list Canadian at 11 916 discount or 88 43 US cents with Great Britain at 4 02 buy 4 04 sell and cables 4 04. Other rates include Argentina 29 77 official 23 80 free Brazil 6 05 official 5 00 free Mexico 20 70 Japan 23 48 Hongkong 24 56 Shanghai 5 55.
Butter 208900 pounds and cheese 38400 pounds exchanged. Butter in bulk 37 tons. Candled large eggs 31 dozen? heavy. Do me diums 29. Do smalls 26.
New York June 17 market steadied from a downturn as investment buying in specialty and senior issues revived. Fractions gained and some favorites rose 1 to 3+ points while volume inched up to about 400000 shares. Prominent advancers included Commonwealth & Southern Certain Teed General Steel Castings Kinney American Woolen General Cable. Other supports came from U S Steel American Telephone Chrysler Santa Fe American Car & Foundry Anaconda Yellow Truck Douglas Aircraft Consolidated Aircraft Westinghouse Eastman Kodak Loft Texas Corp.
Funeral services for Mrs. Guadalupe Peralta 49 who died at her home on Otero Street will be held tomorrow at 10 am at San Agustin cathedral with Rev. Peter Timmerman. Burial will be in Holy Hope cemetery. Survived by son Julio Garcia and two daughters Mrs. Jesus Torres and Mrs. Margareta Cruze. Arrangements through Tucson mortuary.
A recent month saw American iron and steel exports to the Far East total more than 65 500 tons.
Local ads list discounted items including evaporative coolers at 10 dollars, used furniture buys, refurbished and resold goods, a Chevrolet coach for 80 dollars, various furnished apartments, a refrigerator at 108 dollars, and services from repair shops. Also notes travel opportunity to Mexico City and a nurse seeking transportation.
Crossword clues listed across and down cover German river skin sensation steeple claw military inflamed spot frozen desserts and more with a cryptoquote TEISBTIJ BZ AECF SETECGHVF 1ISGT G JCGIFKLV SFGCI ZFTFOG Yesterday's quote true goodness springs from mans own heart all men are born good distributed by King Features Syndicate Inc
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