Market News By The Associated Press Hogs Cattle and Sheep Figures
Market news from Kansas City reports hogs with 1,500 head total and salable. 10-15 higher than Thursday with top 5.25 and varied weights from 140 to 370 pounds. Cattle totals: 180 with 125 salable. calves 150 total, 100 salable. killing classes steady and stockers unchanged. Sheep: total 1,300, salable 1,000. spring lambs strong to 25 higher, top native springers 10.00, good to choice 9.75-10.00, Tex as down to 8.10.
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Kansas City
Texas
Live stock market report from Chicago hogs cattle sheep sales
Salable hogs 6 500, total 11 000, fairly active with averages up to 15 higher on lighter weights. Top hog price 5 25, cattle top 10 40 for fed steers. calves and steers steady to higher, stock cattle firmer, canners and cutters mixed. Salable sheep 1 000, total 3 500, spring lambs active and steady with varied weights and regional prices.
Livestock Prices Report From Los Angeles Market
Hogs available 50 head steady with medium to good 150 200 lb truckin 5.95 to 6.15. Cattle 250 head sale steady with good fed steers 9.85 up, canners 4.00, grass cows about 7.00, feeders 6.75. Calves 50 head steady with vealers at 10.50 and up to 12.00. Sheep 100 sale, holdovers 677, island lambs 7.50, other 6.00, steady. some lambs unsold.
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Los Angeles
Cattle Hogs and Sheep Prices in Denver Market Report
Denver reports cattle salable totals of 100 head with calves 50, beef cows 5.75 to 6.80, canners 3.75 to 5.50, heifers 7.25 to 8.00, bulls up to 40, vealers 10 and down, odd stock steers 7.25 to 8.50. Hogs salable 200 of 2,900, prices steady to 5 higher, top 5.15. lambs native spring opened 9.75 to 10.25 with general steady tone, few shorn ewes 3.10.
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Denver
Wheat prices edge up in quiet Chicago trade
Wheat futures rose fractionally as traders watched Europe for cues, with reports of black stem rust in Indiana and weak private flour demand. Government flour purchases expected over the weekend left prices mostly unchanged or slightly higher, with July at 78% to 78% and September around 78 1/4.
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Chicago
Europe
France
Indiana
Market Movement in New York Trading Stalls Ahead of Armistice Details
Stock market activity nearly halts as traders await German French armistice specifics. Transfers run about 300000 shares, a quiet session with gains and losses close. Traders consider domestic politics and president's cabinet moves while rails motors and utilities hold steady amid mixed results from major industrials.
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New York
Hitler
Mariame
Motors
U. S. Steel
Bethlehem
Chrysler
General Motors
Douglas Aircraft
United Aircraft
Glenn Martin
Allied Chemical
German Armistice Demands Described In Wary Terms
The text outlines German war aims during armistice talks, noting aims to prevent resumption of fighting, demand guarantees for continuation of the war against Britain, and seek pre conditions to influence terms. It portrays Germany resisting terms while seeking assurances from Britain and its Allies.
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Germany
Great Britain
Britain
Exchange Rates Show Sterling Uptick Amid Market Shifts
The free pound sterling rose 2% relative to the dollar, rebounding from yesterday's drop. In New York open market quotes, Canada trades at 191% per cent discount or 80.50 U S cents, with various international currencies listed as unquoted or specific rates such as Greece 0.70, Japan 23.48, Italy 5.05, and Argentina 29.77 official.
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Cotton futures end mixed as late selling trims gains
In New York cotton futures edges were up 1 to 5 points at session close after late selling by local operators and New Orleans. Final prices show July near 10.40 for new and 10.16-17 for last July, with other contracts quoted from 9.38-9.94 and spot middling at 10.93 cents.
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New York
New Orleans
Metals market roundup from New York trading floor
Copper and tin hold steady in New York spot and near terms. Lead remains about five dollars, zinc trades around six and a quarter, with East St. Louis prices noted. Other metals including pig iron aluminum antimony quicksilver platinum Chinese wolframite and domestic scheelite show no change.
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New York
Conn
Valley
East St. Louis
Produce receipts for Los Angeles market halt
Los Angeles reports on June 21 showing produce exchange receipts with quantities for butter cheese and eggs. Butter totals 147 200 pounds. Cheese 80 600 pounds. Eggs 600 cases with butter price .29 per pound and egg sizes candled large 22 do mediums 20 do smalls 15.
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Los Angeles
Bar Silver Holds at 34 Percent in New York Market
In Silver, New York on June 21 the bar silver price remained at 34 percent, unchanged.
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New York
New Peace Formation Reflects Postwar German Reich Redress
A fragment suggests a plan to form a new peace by redefining the conduct toward the German Reich and its postwar reconstruction. The note hints at reevaluating actions taken against Germany and establishing a revised settlement framework.
Germany’s peace terms tied to Britain’s fate in war
The text argues that any immediate peace with France would be temporary and depend on the outcome of the war with Britain. It suggests Germany might delay a decisive grab of French territories, to avoid surrender terms and keep leverage if Britain seeks a compromise. The French army would be powerless under unconditional surrender while the outcome is decided between Germany and the British empire.
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France
Britain
Germany
French delays force acceptance of the inevitable
Reports describe Tours under bombardment as German artillery struck the city and Nazi forces reportedly crossed the Loire. In Lyon the occupation began with shopkeepers ordered to accept five pfennigs per franc, while German advances pressed south of Bourges toward Montlucon and Vichy.
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Tours
Bordeaux
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Loire
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Paris
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GOP Directs Focus on Farm Policy Subcommittee Work
The foreign affairs subcommittee led by Landon begins work today as he notes a slower pace may help the party assess a rapidly changing world. Hope of Kansas heads a GOP study trip, urging linking farm policy to general welfare with continued subsidies via conservation payments to balance income with other workers.
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Landon
Hope
Kansas
Axis Powers Prepare New Attacks Amid North Africa Battles
A wartime communique claims Italy struck French and British bases at Bizerte, Malta, and Matruh with strong air and land operations in Africa. It states Germany and Italy plan attacks on Britain and its empire using diverse political and military means to widen their campaign.
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Bizerte
Tunis
Malta
Matruh
Mediterranean
Egypt
Africa
Gayda
Germany
Italy
Britain
Mid Continent Petroleum profits steady in spring quarter
Financial briefs show Mid Continent Petroleum Corp. generating comparable net income for April and May to the first quarter. For the first half of the year profits are expected between $1.25 and $1.50 per share, versus 34 cents per share from the prior year. Associated Gas and Electric Corp. reports 1940 six months profit of $11,673,408, up from $10,589,274 in 1939.
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Dahlberg, Durand and Co
Mid-Continent Petroleum Corp
Mid-Continent
Associated Gas and Electric Corp. and Subsidiaries
Government receipts rise with defense taxes and armament activity
Federal officials estimate increased receipts from new defense taxes and armament stimulated industrial activity will allow the treasury to keep pace with currently authorized extraordinary defense expenditures.
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Treasury
Pennsylvania Railroad May Revenues Rise 22.4 Percent
The company president announced May gross revenues are estimated at 37,671,000 dollars, up 22.4 percent from 30,688,016 dollars in May last year.
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The
Pennsylvania Railroad
Armistice Revered as Hitler Views Maréchal Foch Monument
In Compiegne, Hitler, arms folded, inspected the Armistice monument after visiting the Foch memorial amid ruined streets. Informed sources expected quick closure of negotiations with the French delegation under Marshal Petain. The ruined town and battlefield debris contrasted with the monument to the 1918 capitulation and Weygand’s noted role.
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Raine
Hitler
Marshal Foch
Marshal Petain
Compiegne
Oise
France
Alsace and
Lorraine
Foch
Germany
Mathias Erzberger
Maxime Weygand
Weygand
Britain’s Dual Strategy Across Europe Stumbles
The piece argues Britain's plan to stiffen French resistance while drawing U S banking power into Europe faces likely failure as Germany and Italy push demands. It notes risks of widening conflict and limited effectiveness of the two fold approach.
MENTIONED IN THIS ARTICLE
Britain
United States
Roosevelt outlines inter American trading organization proposal
President Roosevelt proposes a mutual agreement to form an inter American organization for basic trade problems and joint marketing of staple exports. He cites steep declines in meat, wheat, and cotton exports from Argentina, Uruguay, Brazil, and the US, clarifying the plan pools crops and markets them beyond the hemisphere. He notes the program does not replace reciprocal trade agreements.
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Roosevelt
Argentina
Uruguay
Brazil
United States
Harry Hopkins
Hopkins
Alabama Doctors Increase Slightly After Two Years
Alabama reports 1,892 doctors of medicine in practice, up from 1,888 in 1938, as of today. The gain appears modest with four more practicing physicians than two years ago in Montgomery.
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Alabama
Montgomery
Ala
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