Market News Brief from Kansas City and Chicago Livestock Calls
War Food Administration notes hogs and cattle seeing higher prices with top hogs at 13.85 and good weights up. Kansas City reports steady to higher sows and yearlings with strong demand and limited spring lambs. Chicago notes hogs 10-15 higher under 250 lbs and cattle generally 25-40 higher with top steers around 17.40 and lots 16.75-17.15.
Wheat and grain prices slip amid mild selling in Chicago pits
Favorable crop weather and larger winter wheat harvest forecasts in the southwest spurred selling in Chicago grain pits. Wheat oats and rye declined with oats and rye dropping near 2 cents at times. July wheat traded around 1.41 to 1.42 dollars, with September similar. Corn steady at about 1.05. Oats fell about 1 1/4 cents, rye down 14 to 1 49 cents.
MENTIONED IN THIS ARTICLE
Chicago
Southwest
Exchange rates report from New York on June 21
Foreign exchange rates show the Canadian dollar at 90.12 U S cents in New York, down 1/16 cent. British pound at 4.02 to buy and 4.04 to sell, Argentina official 29.77, free 25.20, Brazil official 6.05N, free 5.20N, Mexico 20.65N. Rates are spot cables unless noted N nominal.
MENTIONED IN THIS ARTICLE
New York
U. S
Europe
Great Britain
Bankers Foreign Exchange Committee
Latin America
Argentina
Brazil
Mexico
Local Egg Market Wholesale Prices Report
Wholesale prices listed for Grade A jumbo at .W. B, Grade A large at 46, and Grade A medium at 42. No other details provided.
Market Dips to Mid May Lows on Mixed Sentiment
New York stock averages slid to their lowest levels since mid May as trading slowed and declines edged from fractions to over a point. Transfers totaled about 750000 shares with few standout gains as traders awaited coal mining turmoil labor disputes and European war developments. Major decliners included U S Steel Bethlehem Chrysler General Motors Santa Fe Southern Pacific Southern Railway Great Northern U S Rubber Montgomery Ward and Radio Corp among others. Some gainers were American Telephone Allied Chemical International Nickel and American Smelting. Bonds moved irregularly.
MENTIONED IN THIS ARTICLE
New York
Europe
U. S. Steel
Bethlehem
Chrysler
General Motors
Santa Fe
Southern Pacific
Southern Railway
Great Northern
U. S. Rubber
Montgomery Ward
International Harvester
Westinghouse
Anaconda
Standard Oil (Nj
Radio Corp
Western Union
Eastman Kodak
Boeing and Texas Co
American Telephone
Allied Chemical
International Nickel
American Smelting
Bond listings from New York market notes
A dense OCR of municipal and corporate bond quotes shows prices and yields for Am T and T 3s several variants, Arm Del 4s, AT SF 4s, AC Line first 4s, and multiple rail and utility issues. Yields range roughly from 5% to 12% with prices quoted as percentages and fractions across numerous issuers and maturities.
MENTIONED IN THIS ARTICLE
New York
T&t
AT &Sf
B&olst
C G West
Sp&p
C&nw
Cri&p
Hud
Nyc
Phelps D
Sou Pac
West UN
Cotton futures inch down amid light liquidation
New York June 21 cotton trading shifts to later positions as first notice day approaches Friday. The market shows easy sentiment on liquidation hedging amid concerns over declining demand. Prices end unchanged to 20 cents lower, with July at 20.24, October 19.83, December 19.64.
MENTIONED IN THIS ARTICLE
New York
Local Live Poultry Wholesale Prices
Live poultry prices listed for broilers and fryers at .29 per pound live and 35.5 dressed cents. Light live poultry at .29 with dressed price not specified. Hens of all weights quoted at 25.5 live and 31.5 dressed cents per pound.
Hair Pins Drive War Arsenal 133 Guns From Pins
Hair pins and bobby pins used during 1941 supplied enough steel to forge 133 three inch anti aircraft guns.
Cattle and hogs market report from Los Angeles
Cattle salable 2 000 with fair activity on medium to good steers and cheaper on common cattle. Prices steady to firm with medium to good steers 13 75 to 15 40 and calves 14 00 to 15 75. Hogs numbered 1 700 and fairly active with good to choice weights 180 to 250 pounds at 15 00 to 25 top 15 25. Sows 13 50 to 65 for 260 to 300 pounds.
MENTIONED IN THIS ARTICLE
Chicago
Los Angeles
Market Report Denver Cattle Hogs and Sheep Prices
Denver cattle show mixed lists with salable 2 000 calves 175 total led by fed steers at 15.25 top. hogs 5 500 total with most 180-300 lb at 13.40-13.60 and early highs 13.60. sheep salable 3 300 with Idaho spring lambs and later good spring lambs 15.00-15.40.
Senate to vote on CCC borrowing power amid subsidy debate
The senate will hear a bill Wednesday to expand Commodity Credit Corporation borrowing. Senator Taft proposes cutting a $500 million subsidy fund to $250 million, a cap that would bar new subsidy fields. The outcome could influence a house move to curb $130 million of a $2.898 billion war agency appropriation for OPA subsidies, as the House also cut $30 million from prior OPA funding.
MENTIONED IN THIS ARTICLE
Senate
Commodity Credit Corporation
Sen. Taft
R-O
CCC
Office of Price Administration
House
Appropriations Committee
Bombers widen attack across Europe as raids strike German sites
British bombers attacked southwestern Germany and northern targets in a sharp night raid. Swiss observers reported fires at Friedrichshafen and air-raid alerts across Zurich Basel and other towns. A Blom and Voss flying boat was shot down over the Bay of Biscay by Mosquitoes. three other boats burned. Paris said Le Creusot bombs caused large fires with over 100 dead and 250 injured. additional raids hit Ruhr Rhineland with mines laid and three bombers lost.
MENTIONED IN THIS ARTICLE
Europe
Germany
Fredrichshafen
Constance Lake
Switzerland
Zurich
Britain
British
Air Ministry
Blom and Voss
Bay of Biscay
Paris
Schneider Arms Works
Krupps
Essen
Ruhr
Rhineland
Japanese American Curfew and Exclusion Orders Case
Supreme Court heard arguments over curfew and exclusion orders affecting about 70 000 citizens of Japanese ancestry. Defendants Harabayashi and Yasui faced prison terms for curfew violations and reporting failures amid wartime fears of sabotage and espionage. Government argued military necessity post Pearl Harbor.
MENTIONED IN THIS ARTICLE
A. L. Wirin
Los Angeles
Yasui
Supreme Court
John L. de Witt
Western Defense Command
Charles Fahy
Pearl Harbor
Federal tire number registration cuts theft to near zero
The federal registration of automobile tire numbers has dramatically reduced tire theft. Officials report theft almost vanished as registrants deter criminals and enable quicker recovery of stolen tires.
De Gaulle Pushes for Reshaped French Command in North Africa
A London dispatch reports tension in Algiers over a proposed purge of Vichy officers and moves to name De Gaulle as national defense minister over Giraud. De Gaulle favors a united French front and suggests he may resign if his plans harm Giraud’s wartime role.
MENTIONED IN THIS ARTICLE
Mittee
Beirut
Syria
Brazzaville
French Equatorial Africa
London
Algiers
France
de Gaulle
Henri Honore Giraud
Giraud
North Africa
de Gaullists
Giraudists
Axis Forces Bolster Sardinia and Sicily in Last Stand
Gossip across the French civil population mentions attacks on Vittorio Emanuele while Axis troops and air forces concentrate in Sardinia and Sicily to defend island outposts in a final defensive push.
MENTIONED IN THIS ARTICLE
Vittorio Emanuele
North
Africa
Sardinia
Sicily
Synthetic mica substitute from eastern manufacturer
A synthetic substitute for mica is produced by an eastern manufacturer, representing a new material in the local industrial market. The item is noted as a product of regional production and hints at potential applications in optics and electronics.
Miners Offer No Conditions to Work for Government Wartime Coal
The strike committee states miners will continue producing coal for the government under custody of mines, despite opposing terms from coal operators and the war labor board. They condemn political interference in bargaining while pledging sacrifices for the nation and war effort.
MENTIONED IN THIS ARTICLE
Mittee
War Labor Board
First windmill in America set up at Jamestown
George Yeardley deputy governor of Jamestown, Virginia, established the first windmill in the American settlement. The invention aimed to grind grain for the colonists, marking an early technological milestone in colonial industry.
MENTIONED IN THIS ARTICLE
America
George Yeardley
Jamestown
Classified ads and services blur in Tucson readers page
A dense jumble of notices includes furniture for sale, used goods, job wants and offers, services from watch repair to roofing, and small ads for plants and cut flowers. Various phone numbers and street addresses appear for Thrifty Furn Exchange, WarSkow Nursery, Reed & Bell shop, Hall Electric, and Johnson Jewelers among others.
MENTIONED IN THIS ARTICLE
R Hubbard
Eine wimnnnLa
Army
Air Corps
Thrifty Furn Exchange
Fourth Ave
Warskow Nursery
Olsen
Frank Robles
Lester Benson
Johnson Jewelers
E. Broadway
Call Byron
William E
Pierre
Santa Rita Hotel
Governors of California and Arizona respond to camp conditions
A committee on longstanding wartime camps toured Poston and discussed cramped quarters and privacy issues described as a condition needing immediate remedy. They noted 15 000 Japanese housed for 15 months, with 300 desert acres slated for tillage and 50 000 acres awaiting preparation for irrigation and cultivation.
MENTIONED IN THIS ARTICLE
California
Arizona
Poston
Also Mentioned on This Page
Associated Press
Dow Jones & Co
E. F. Hutton & Co
New York Stock Exchange
Kansas City
War Food Administration
Alaska
al Cham & Dye
Allied
Ch & Cable
Rad & St
Ittinaettiee Ae
Smelt & R
Tel & Tel
Wat
Zinc L
Arm Ill
Atch T
Balt & Ohio
Barnsdale Oil
Bendix Aviatores
Beth Steel Eeeeneere
Blaw-Knox
Boeing Airplane
Borden
Climax Molybee
Cluett Peabody
Colgate
Palm-P Colm Credit
Coml Investor
Com! Solvents
Deere & Co Teat Tewee Eens
Dist Corp-Seag
Eastman Kodakeeeeenees
el Auto-Liteseneeeerers
Elec Boat
Eng Pub Service
Esentines
Ex-Cello-O Eee Ee Eeeteeees
Gen Elec Sota Eee Tee Eeeeteracces
Gen Foods Reneee Renee Tewwene Ces
Gen Mills
Indust Rayon Eeeee
Inger-Randeet Eeereerrees Inland Steel Eeeeteeernes
Interlake Iron
Harvester A
Tel
Johns-Manville Ewarwenenae
Kresge (Ss) Tenet Ee Eene
Kroger Grocery
Zales High
Lee Lehman Corpecca
Secquildbiinanccus
Lockheed Aire
Loew’s Inc
Lone Star Cem
Marine Midland
Marshall Field
Martin (G1) Co
McKess & Rob
Montgom Ward
Murra Tons
Nat Aviation
Nat Biscuit
Sceeoreccosorsees
Nat Cash
Nat Dairy
Ak Nat Distillers
Nat
Natl Steel
Central R R
NY Shipbuilding
North Amer Ca
Northern Pacific
Ohio Oil
Eatinae
Owens-Ill Glass
Packard Motor A
Pan Am Airways
Param Pictures
Patino Mines
Penney (Jc
Penn R R Sone Nee
Philip Morris
Phillips Pet Cco
Pullman Ac
Amsseses
Repab Steelerooven
Reynolds Tob B
Safeway
Schenley Distil
Sears Roebuck
Servel Inc Eeeeweneeee
Shell Union Oil
Socony-Vacuum
Southern Rose
Sperry Corp Tenee
Spiegel Inc
Union Bag
U S Gypsum
U S
D * White Motor
Wilson & Co
Woolworth
Worthington P & Meesnee
Yellow Tr & Co
Youngst Sh & T
Butte Copper & Zinc
Calumet & Hecla
Inspiration Steet
Republic Avia
S Regis Pap
Denver
U. S&s. Dept. Agri
Idaho
New York Bank and Trust
Bk of Am Nts (S
Bank of Man
Bank of NY
Bankers Tr
Bankers
G &T
United States
Room and Board
Gene Aker
Mes
Pinky
Puffle Towers
Stone
Gordon Kiyoshi Harabayashi
Seattle
Minoru Sasui
Portland
Ore
Harabayashi
University of Washington
University of Oregon
Shoeuan
Singer
Hall Electric Company
Madison
Alvernon
Rrene
Reed & Bell
E. Speedway
Oracle Road
Shell Station
Pennington
Inquire
E. Helen
S. F
Liberal
East Broadway
Davis-Monthan
Navy
E. Washington
Russell Ranch School
Bowyer Motor Co
Stone Ave
Tucson Daily Citizen
Arizona Daily Star
Business Directory
Little Caledonia Antiques
Willard Battery
Beauty
DE Luxe
Congress
Feather
Vogue Beauty
Roselene Beauty Salon
Martin Drug
Priser's
East Congress
Open Book
W. Congress
Tahdanal
Amemeiaea Nein
Frank W. Ganz
Fure Maces
McCarthy
Arizona Maintenance CO
Thompson
Chenault’s
Gatlin
W. Ariz College OF Commerce
COX Commercial College
Southern Arizona
Tucson
P. M. Elias
EB. E. Rhodes
Diaz Pulido Bros
Pitts Jewelers
Congress and
Sonora Vurniture CO
So. Meyer
Jenkins Mattress
Tovrea
Middleton Seed & Feed Co
S. Sixth
N. Stone
Desert Garden Nursery
Speedway T. T. Muzzy
George W. Mock
H. M Bollinger
Goff
Chas
Spencer
Steinway
Glover & Clark
Steinway Dealers
Ellis
Clara Michell
Field
Acme Printing CO
Dave's
Court
WELLS
Neil
Prilling Forsyth Dristing CO
Mabel
Fifth Ave