German currency actions lift demand in foreign exchange market
New York report notes German military successes boosted demand for Nazi currencies. Sterling fell to 144 cents, Canadian dollar down 0.5 cent to 80. US cents, Swiss franc steady, France trade suspended. Rates list various currencies with spot and noted nouns.
MENTIONED IN THIS ARTICLE
New York
U. S
France
Great Britain
Belgium
Denmark
Finland
Germany
Greece
Hungary
Italy
Netherlands
Norway
Portugal
Romania
Sweden
Switzerland
Yugoslavia
Argentina
Brazil
Mexico
Japan
Hongkong
Shanghai
Wheat Futures Hover in Narrow Range on Light Chicago Trade
Wheat futures drifted in a tight band in Chicago with early gains erased by profit taking. Prices eased about 4% above the prior close after the first half hour, then steadied as traders waited for news on peace terms from axis powers, with most staying on the sidelines. Corn, oats, soybeans and rye posted varied moves.
MENTIONED IN THIS ARTICLE
Chicago
Cotton prices rise in steady New York session
Cotton futures climbed 10 to 14 points as demand and short covering led gains. July contracts closed around 10.44 to 10.20, with Oct 9.34 35 and Dec 9.22, while middling spot cotton quoted at 11.03.
MENTIONED IN THIS ARTICLE
New York
Shorts
Livestock market reports from Livestock City Chicago and Denver
Livestock city reports show hogs slow with prices 4.90 to 5.00 for 180-240 lb shippers, cattle mixed with steers near 9.75 to 10.00, calves and cows weaker, sheep slow with native spring lambs around 10.00 and lower. Chicago figures list hogs 4.95-5.15 top, cattle steady to lower, sheep at 9.00-10.50 range. Denver notes limited trade with steers around 9.50, hogs around 5.00, and sheep near 9.50 to 10.25 for spring lambs.
Market Report Los Angeles Livestock Prices June 18
Hogs salable 400 weak to mostly 10 lower top 6.30 choice 218-232 lb. Calves steady veal ers 10.00-11.75 few calves 8.50-10.75. Cattle salable 500 largely steady steers 7.75-8.85 good fed 9.85 up, Mexican steers 7.00, cows 5.60-6.50, canners 4.00-5.50. Sheep salable 300 steady good to choice lambs 9.25, yearlings 6.75, ewes 3.00.
MENTIONED IN THIS ARTICLE
S City
Chicago
Idaho
California
Denver
Los Angeles
Market Movement Falters in New York Rally
A New York stock market rally faded after gains for steels rails rubbers and specialties, with midday strength giving way by close. Trading slowed to a dribble with about 700600 shares. leaders like U S Steel Bethlehem Republic Santa Fe and others rose briefly while Boeing Douglas Eastman Kodak and Texaco lagged.
MENTIONED IN THIS ARTICLE
New York
U.S. Steel
Bethlehem
Republic
Santa Fe
N. Y. Central
Southern Pacific
Great Northern
Goodyear
Sears
Produce price report from Los Angeles market
June 18 Los Angeles report shows butter receipts at 200000 pounds cheese 21400 eggs none. Butter bulk 0.29 per pound candled large eggs 0.22 per unit mediums 0.20 per unit smalls minus 0.15 per dozen.
MENTIONED IN THIS ARTICLE
Los Angeles
Calif
Wool market in Boston shows strong activity and firm prices
The Boston wool market was fairly active with prices firm. Graded fine delaine bright fleece wool sold at 34-36 cents grease, combing bright fleece at 40-42 cents, three-eighths and quarter blood grades. Combing quarter blood territory wool brought 74-76 cents scoured, while combing three eighths blood territory sold at 78-80 cents scoured.
MENTIONED IN THIS ARTICLE
Boston
Japanese and Allied ships held ready for Haiphong move
Reports from Hong Kong say several Allied steamers including Danish vessels lie ready to sail to Haiphong on the Indo China coast opposite Hainan. They were to pick up a labor corps for France or be used to reinforce or evacuate French forces amid France’s peace bid.
MENTIONED IN THIS ARTICLE
Hong Kong
Haiphong
Indo-China
Hainan
France
Comei
Canton
China
Japan
Tokyo
Ashai
Germany
East Asia
Navy bill seeks eighty four ships to form two ocean fleet
Defense leaders discuss an executive session to speed a bill authorizing 84 new warships as a basis for a two ocean navy. Chairmen Vinson and Admiral Stark urge frankness and aim to send the measure to the house, amid wide interest in France's fleet and European naval balance.
MENTIONED IN THIS ARTICLE
Carl Vinson
Admiral Stark
Vinson
United States
Europe
Atlantic
Recess Debate Aims For Conventions July 15
Parties clash over a multi day recess to allow lawmakers to attend conventions. Democrats oppose delaying work arguing the immediate tasks can be finished this week while Republicans seek time away to attend the June 24 convention and the July 15 gathering.
Churchill Warns Britain Could Not Prevent Invasion
Churchill spoke to the Commons and the nation about a possible invasion by Germany. He said Britain would meet the threat with its 1,250,000 armed forces, allies, and navy, warning a dark age could follow if the battle is lost and predicting air attacks would come until the air force overpowers German strength. He argued Britain could counter invasion using secret methods and highlighted sea transport needs for five German divisions across the channel.
MENTIONED IN THIS ARTICLE
France
Commons
Britain
Churchill
Hitler
Dunkerque
Flanders
France Fights On as German Forces Split French Army
French spokesmen admit front disintegration as Germans drive spearheads toward Dijon Autun and reach the Doubs Jura region. Paris radio frames the crisis with a candid confession of past mistakes while lamenting the loss of a peaceful way of life.
MENTIONED IN THIS ARTICLE
Dijon
Autun
Loire
Paris
Doubs
Jura
North America
France
Armistice terms discussed as leaders depart conference
The article notes Hitler and Mussolini leaving the conference by automobile with the Fuehrer on the right and Il Duce on the left. Crowds chant England related songs and hail the leaders as they depart.
MENTIONED IN THIS ARTICLE
Hitler
Mussolini
Fuehrer
Il Duce
England
Metals Market Roundup From New York
Copper holds steady at 11.25 to 11.50 in New York spot and export markets. Tin softens to 52.50 spot and near term, with forward at 50.75. Lead and zinc hold ground with New York lead at 5.00 to 5.05 and East St. Louis zinc forward at 6.25. Other metals including pig iron aluminum antimony quicksilver platinum and tungsten remain unchanged.
MENTIONED IN THIS ARTICLE
New York
Conn
Valley
N.Y
East St. Louis
Uruguayan session reveals Nazi agents and Gestapo reach
Deputy Ithurbide reports at a public session that German secret police leaders are testifying in the legislative palace. Sources name 12 to 15 Germans under arrest including Holzer and Meiusner, with Patz cited as head of the Montevideo Gestapo cell. Police locate six new machine guns and plan further arrests across Uruguay.
MENTIONED IN THIS ARTICLE
Uruguay
Ithurbide
Holzer
Meiusner
Bar silver steadies at 34 percent in New York market
In New York on June 18, silver bars remained unchanged at 34 percent purity with market activity steady and values holding firm.
MENTIONED IN THIS ARTICLE
New York
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