Metals market roundup from New York copper to tin and zinc
Copper barely steady in New York spot markets with Conn Valley at 11.25 to 11.50 for export FAS NY. Tin firm at 55.00 spot and nearby 52.62 forward. Lead steady with New York 5.00 to 5.05 and East St. Louis 4.85. Zinc steady East St. Louis spot and forward 6.25. Quicksilver quoted 198.00 to 200.00. Pig iron aluminum antimony platinum Chinese wolframite and domestic scheelite unchanged.
MENTIONED IN THIS ARTICLE
New York
Conn
Valley
FAS
East St. Louis
Bar silver steadies at 34 percent in New York market
In Silver New York on June 20 the bar silver remained unchanged at 34 percent, with buyers and dealers holding prices steady as trading paused for the day.
MENTIONED IN THIS ARTICLE
New York
Exchange Rates Mixed as Pound Falls in Free Market
June 20 New York rates show the British pound sliding 2.14 cents per dollar in free market trade. The Canadian dollar edges up to 80.25 U.S. cents, while the Swiss franc holds steady and other major currencies are listed with various quotes across cables and spot markets.
MENTIONED IN THIS ARTICLE
New York
U. S
France
Great Britain
Belgium
Denmark
Finland
Germany
Greece
Hungary
Italy
Netherlands
Norway
Portugal
Rumania
Sweden
Switzerland
Yugoslavia
Argentina
Brazil
Mexico
Wheat Futures End Mixed In Chicago Trading Session
Wheat prices moved within a wide range and closed with small losses as uncertain abroad and mixed crop signals kept traders cautious. July wheat traded around 78% to 78% per bushel, with July corn near 61% to 62 cents and oats varying between small gains and losses.
MENTIONED IN THIS ARTICLE
Chicago
Cotton futures end lower in nervous late trading
Nervous speculative liquidation and outside selling upset the higher trend in cotton futures. Final prices fell 5 to 19 points. Old contract July 10.15-16, New Contract July 10.39N, Oct 9.42-44, Dec 9.26-28, Jan 9.14N, Mar 8.98, May 8.83N. Middling spot 10.87 cents.
MENTIONED IN THIS ARTICLE
New York
Livestock Market Reports From Chicago Trade
Salable hogs 16 000 total 24 000. Market moderately active with prices mostly steady to 10 lower than Wednesday. Top hogs 5.20. typical 200-250 lb range 5.05 15. Packing cows 4.00 4.25. calves 1 200 and tops 11.00 for four loads. Sheep 3 000 total 5 000. lambs fairly active and steady. Idaho spring lambs at 10.60. natives and western s m lambs 10.75. ewes 2.50 2.75. Cattle and yearlings show firm to higher trends with top yearlings 10.50 and heifers 10.25. western fat lambs easing near steady.
MENTIONED IN THIS ARTICLE
Chicago
California
Idaho
Kansas City Market Summary Cattle Hogs Sheep Prices
Hogs total 2000 head steady to 5 higher than Wednesday with shippers buying freely. Heavyweights scarce. top 226 lb at 5.15. most 190-250 lb 5.00-5.10. Cattle 900 total. calves 250. fed steers 8.25-9.15 per 100 lb for odd lots. yearlings 8.00-9.25. cows 5.25-6.00. Sheep 3800 total. lambs and springers opening sales steady. native springers 9.75. Texas 8.00. lambs 7.25-7.35.
MENTIONED IN THIS ARTICLE
Kansas City
Texas
Livestock Market Report Los Angeles June 20
Hog supply 250 head mostly steady with top at 6.30 for good to choice. calves 100 head steady with vealers to 11.00 and good to choice to 12.00. sheep 900 head lightly traded with island ewes 3.00 and island lambs 1.25. cattle 250 head steady on low grade slaughter, good fed steers around 9.85, dairy cows 5.00-6.00, bulls 6.50-7.50.
MENTIONED IN THIS ARTICLE
Los Angeles
Market Drifts Lower Amid Senate Shipbuilding Cap Fight
New York June 20 buyers showed little zeal as stock trading slowed with inconsequential price moves. Rail, utilities edged higher while steels and aircraft fell after mid day. Senate naval affairs panel backed a 7 percent profit limit on shipbuilding and airplane contracts dampening aviation shares. Downgraded were Douglas Aircraft Glenn Martin U S Steel Bethlehem Sperry United Aircraft Chrysler American Can Eastman Kodak Du Pont American Smelting Kennecott and Standard Oil of New Jersey. Stronger showing by New York Central Union Pacific Chesapeake Ohio Western Union American Water Works Public Service of New Jersey and Sears Roebuck kept some balance. Bonds rose selectively.
MENTIONED IN THIS ARTICLE
New York
Aero Sup Mig
Alum Co Am Secre
Am Cit P&lb
Dow Jones & Co
E. F. Transamerica
Am Cyan
Hutton & Co
New York Stock Exchange
Trans&West Air
Am Gas & L
Lt & T
Indus
Fox
Maracaibo
Sup
U Ark Nat Gas A
Aviation & Tran
UN Bag & P
Babcock & Wil
UN Carbide
Can Marconi
Abbott
Air Reduc
Colum G&e Pf
Alaska
Houston
Comlch & S W
el Bond & Sh
Allied
el B&sh
Allis Chargeeveee
Tllinois
Am Airlines
Inger Rand
Indus Alco
U S
Ford Met Ltd
Glen Alden
Interlake
Gulf Oil Am Car & Fdy
Am Ch & Cable
Hydro-El A
Steel
Humble Oil
Mining
Imp Oil Ltd
Hide & Lea
Nick Can Seeree
Ins Co N Am
Internat Eerereere
Pap
Vanadium
Internat Pet
Am Loco
Lake Shore
M & Met
Tel & Tel
Am Metal
Lone Star Gas
Mount Cry Cop
Am Pow & Lt
Walgreen
Nat Bellas H
P&l
Johns Manville
Walworth
Nat Tun & Min
Rad & St S
Seeceere
Neht Corp
Am Roll Mill
Warner Pie
Ning Hud
Am Smelt & R
Kresge SS
Warren Bros
Niles Bem P
Stl Fdrs Oseees
Kroger Groc Eesereee
West Union Tel
Pantepec Oil
Westingh Air Aeeree
Pennroad We Reneeseree
Teb B
West el & M
Pitts Pl
Ee iv Am
Wat Wks
Leh Val RR
Wheeling
Woolen Oueesen Lehman Corp
Republic Avia
Wilson & Co
St Regis Pap
Am Zinc L & S
Woolworth
Shattuck Dean
Anaconda Wee
Ligg & My Beesees
Worth P& M Tence
Sherwin Wms
Armour del Pf
Loew's
Lt & Pow A
Atch T& SF
Ven Trk & C
Waco Airc Atlast Line
Gecapesn
Lone Star Cem
Youngst Sh & T
Wright Harg
Atl Remainsi
Loose-Willis
Elee
Lorillard P
Tevecsess
Atlas Corp
Zenith Radio
Baldwins
Aviation Corp
Ys Louise & Nash
Zenite Prod
Balt & Ohio
Macy R H
Inters Pow
Balt & Ohio Pf
Marine Mid
New Cal E
Marsh Field
Cp&l
Barnsdall
Bayuk Cigar Wevere
Masonite Corp
Bendix
Beth Sti
McIntyre
Black & Deck
Blaw Knox Ae
Minn-Hon
Tex .E& S
Borg Warner
Monson Chem
Tex P&i
UN L&p
Teeesees
Bridgeport Br
Monty Ward
W Newsp UN
Briggs Mfg
Brklyn Man T
Bklyn UN Gas
Murray Corp Oorsee
Bucyrus Erie
Nash Kely
Nat Acme
Bulova Watch
Nat Aviation
Byers Co
Nat Biscuit
Nat Distill
Ime
Canad
Pac Eeesenve
Pow & Lt
Newport Ind
Ches & Ohio
NY Central Waeetewe
Ches Co
Nynh&h
NY Shipblag
Chi& NW
Penick & Ford
Consol Oil
Container Corp
Penney J C Penn Dix
Penn R R
Peoples Gl & C
Philip Morris
Phillips Pet
Coty Ine Crane Co
Poor & Cob
Curtis
Curtiss Wright
Reynolds
Shs
Rey Tob Betecsete
Devoe & Ray A
Richfield Oil Wesee
Dist Corp Seag
Douglas Aire
Strs
Dow Chemstevens
St Jos Lead
du Pont de N
Schenley Dilweeeee
Seaboard Aireeetee
Sears Roeb
Eastman Rod
Servel
E! Auto L
Firestone T & R
South Ry Pfnessee
Sparks
Elec
G & EI A
Stone & Web
Studebaker
Gen Real & Ut
Sunshine Mag
Gen T
Gillette
Swift & Co Wetter Ee
Gimbel Bros Wees “Gobel (Adolf
Goodrich Nije A
Telautograph Totes
Goodyear T & R
Tenn Corp We Eee Eee
Graham Paige
Tex & Pac Ry
Texas Corp
Tex Gulf
Senate Naval Affairs Committee
Douglas Aircraft
Glenn Martin
U. S. Steel
Bethlehem
Sperry
United Aircraft
Chrysler
American Can
Eastman Kodak
du Pont
American Smelting
Kennecott Standard Oil
N. J
Loft
Produce Exchange Receipts Highlight Butter Totals
Los Angeles report shows butter deliveries of 90,000 pounds with no cheese or eggs listed. Butter prices rise to .29 per unit in bulk while candied large eggs sell at .22 and medium eggs at .19 with smalls at .15.
MENTIONED IN THIS ARTICLE
Los Angeles
Early June car sales show strong demand amid war worries
Financial briefs report that early June retail sales of new cars and trucks were about 20 percent ahead of the lake 1939 period. Aggregated field reports to factories in the area call the gain highly satisfactory and indicative of continued underlying demand despite war and market developments.
MENTIONED IN THIS ARTICLE
Dahlberg, Durand & Co
Gypsum Company Sees Best May Gain Since 1939
United States Gypsum Co reported May activity up 10 to 20 percent from a year earlier. With May a large month in 1939, the gain suggests the current period may approach a new post Depression record for the company.
MENTIONED IN THIS ARTICLE
United States Gypsum Co
Manufacturers
South Park Avenue
Mikes
Russell & Shepherd
Fourth Ave
Congress
Hubbard’s
Grand Ave
St. Mary's Rd
Foster Wheeler Reports Rising Prices and Backlog in 1940
Foster Wheeler Corp. enjoys both favorable prices and strong business volume in 1940. The company projects its largest earnings since 1930, with unfilled orders around 15 million dollars, roughly unchanged from 1939 and about 50 percent above a normal backlog.
MENTIONED IN THIS ARTICLE
Foster Wheeler Corp
Reynolds Metals Sees Profit Rise On War Material Orders
Reynolds Metals Co reports first half 1940 earnings likely above 1.4 million dollars, well ahead of the 488,704 dollars or 34 cents per share earned in the same period last year. The gain comes as large war material orders are added in coming months, boosting profits beyond the prior period.
MENTIONED IN THIS ARTICLE
Reynolds Metals Co
United States Smelting Reports Five Months Ended May 31 1940
United States Smelting Refining and Mining Co reports five months ended May 31 1940 estimated net profit of 1 944 031 dollars equal to 2 39 a share. This compares with 1 145 804 dollars or 88 cents a share for the same period in 1939.
MENTIONED IN THIS ARTICLE
United States Smelting, Refining & Mining Co
Weather notes from Phoenix and regional temps across Arizona
The U S weather bureau reports Arizona highs near 115 in Phoenix and widespread hot readings across the state. Partly cloudy nights and Fridays bring showers and thunderstorms in the north central Mogollon rim area and along the northeast.
MENTIONED IN THIS ARTICLE
Phoenix
Arizona
U. S. Weather Bureau
PICUS
Boston
Nen
POTN
Ck Ivettiiennkan Ee” Oe
Minneapolis
New Orleans
Mogollon Rim
New Mexico
California
West
Texas
Arizona appoints new state school directors and honors
The appointment list includes Nogales Womans Club and Arizona Democratic Women’s Club. Roy Drachman of Tucson and J. B. Francis of Phoenix join as directors, appointed by Gov. Jones. Mrs. Harrison and family attend graduation at West Point. grandson Alvin Gillem graduates. Loel Francis, daughter of Director Francis, recently graduated and won a scholarship to Gallaudet College in Washington DC.
MENTIONED IN THIS ARTICLE
Nogales Womans’ Club
Arizona Democratic Women's Club
Roy Drachman
Tucson
J. B. Francis
Phoenix
Francis
Gallaudet College For the Deaf and Blind
Washington, D. C
Boston Wool Market Holds Steady Prices Rise Modestly
In Boston on June 20 domestic wools showed moderate activity with prices steady to firm. Combing bright fleece wools sold at 40 to 42 cents grease for three eights and quarter bloods in graded lots, about 40 cents for mixed grades. fine delaine bright fleece at 34 to 35 cents grease. good French combing length wools in original bags 85 to 88 cents scoured.
MENTIONED IN THIS ARTICLE
Boston
Oil shortage predicted in about sixty years
Dean Harry A. Curtis of the Missouri University Engineering School predicts the nation will exhaust petroleum deposits in about 60 years if current consumption continues. He says the likely substitute would come from coal.
MENTIONED IN THIS ARTICLE
Columbia
Harry A. Curtis
Missouri University Engineering School
Brazil Pushes Rubber Plantations for World Markets
The government of Brazil advocates expanding plantation rubber production to meet global demand. Officials urge planned cultivation and investment to boost export capacity and strengthen national role in rubber supply.
MENTIONED IN THIS ARTICLE
Government of
Brazil
Mystery Deepens as Gaby’s Adversaries Close In
Jean stalks clues to her half sister Gaby’s weekend vanishings by tailing car licenses to Adirondack hideouts. In a lakeside cabin she uncovers a web of photos and a European past, confronting Gaby and a wary French couple as tension mounts.
MENTIONED IN THIS ARTICLE
Gaby
Walter
Jean
Plaza Hotel
Laurel
Rupert
Blue Owl
Miss Garrett
Adirondacks
Mademoiselle Gaby
Mr. Green
Green
Lake Placid
Armand
Madame Blanchard
Mademoiselle
Gabrielle
Europe
May Christie
King Features Syndicate, Inc
Small One Bedroom House Furnished For Rent
Nicely furnished small one bedroom house with electricity and refrigeration available. Call 4437 for details.
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THE
Associated Press
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IG Ch
Int
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AT & SF
At&sf
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CB & Q
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Ch&nw cv
S. 2
Cri&p
Goodrich
Gt Nor Ry
Hud&m Rig
Ill Cen
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Int Paper
Mo Pac
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NYC
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Tvesseqses
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Anaconda
Cerro de Pasco
Sig
Con Copper
Kennecott . Ee Co
Magma Ce Rats Ceereseeseee
Miami
Catalinas
Parker Mortuary
North Stone Avenue
Arizona Mortuary, Inc
Air
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