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Tucson Daily Citizen in Tucson, Arizona

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This newspaper page contains 23 articles. Subscribers can read the full text of each article.

Newspaper

Tucson Daily Citizen

Location

Tucson, Arizona, United States of America

Date

Jun 24, 1940

Page

9

Market Movement in New York stock trading margins gains

Traders leaned slightly bullish as offerings were light and utilities strengthened at session close. The five hour ticker shows about 400 000 shares traded while reactions to armistice terms and the Republican convention muted optimism. Major names including U S Steel Bethlehem Chrysler GM AT T Con Edison DL Aircraft and United Air moved with gains in the mixed session.

New York U. S. Steel Bethlehem Chrysler General Motors American Telephone Consolidated Edison Douglas Aircraft American Airlines United Air Lines Westinghouse du Pont Great Northern American Smelting Texas Corporation

Metals market report shows steady copper and widespread prices

Metals prices are listed for copper at 11.25 50 export FAS NY 11.15, tin at 53.75 spot and 51.25 forward, lead 5.00 5.05 spot, zinc 6.25, pig iron No 2 from Eastern Pennsylvania 24.00 Buffalo 23.00 Alabama 19.38, aluminum virgin 99% 19.00, antimony Chinese spot 14.50, quicksilver 198.00 200.00, platinum 8.00 pure, Chinese wolframite duty paid 22.50 24.00, domestic scheelite 22.00.

NEW York Waleiee G&éw Warner Pic Teeee We T&t Warren Bros Dow Jones & Co E. F. West Union Tel At&sf Ators Hutton & Co New York Stock Exchange Indus Westingh Air West el & M Steee Wheeling Stl B&o SW Deveres P&m Johns Manville Yell Trk & C Abbott Lab Young S & W Atone Youngst Sh & T Ie Can Nor Alaska Alaska Jun 4%% 4% 21% 22 Can Pac 4 S 46 61% 61% 61% Alleghany Str Tae Kresge SS Zenith Radio al Chem & Dye Allied Cmsp & Pac Allis Ch Mig Ligg & My Aenee Eens Ch & Cable Lorillard P. Seeseerese Con Oil Am & For Louise & Nash Hide & Lea Duquet Gt Nor Ry Amm&met Mack Trucks Hugeon Coal Rad & St Martin (Gl) Co Am Smelt & R McCrory Alum Co Am L & Ads McGraw Elec P&lb Tel & Tel McIntyre Pore Ao Am Gas & L Mengel Winpe Areces Ark Nat Gas A AmZinc L&s Minn-Hon G&el A NYC Anaconda Nych&stl Bigs Arm Iil Monty Ward Expose Babcock & Wil Atlas Corp War Nych&stl Gee Penn Dix Atl Cities Service Ovens Atl Refn Nash Kelv Penn RR Atlas Corps É Nat Acme Colum G&e of Pen RR Nat Aviation Aviation Corp Nat Biscuit ComIth & Sw Phila Co Cosden Petro Creole Postal T&c Baldwin Lee Nat Dairy Pr Crocker Wh Rem Rand Sou Pac Bendix Aviat Natl Ford Met Ltd South By South Ry Pépewne ‘A Nat Supply Gen Alloys Black & Deck Glen Alden UN Pacist Blaw Knox Newport Boeing Airpl NY Central Utah P&l Borden Eveessrece Nynh&h Gulf Oil Lake Shore Briggs North Am Lone Star Gas Brazil Brklyn Man T Northern Pac Mesabi Iron Bklyn UN Gas Mount Cry Cop Cs Canada Bucyrus Erie Ning Pennroad Italy Republic Avia St Regis Pap Jinnae Owens Case Jr Sunray Oil Bank of Man Packard Penn Dix Cem Climax Moly As Elec Baldw L Bk & T Colgate Palm Petro Corposeepee Empire Tr Colum G & el Philip Morris Cit Phillips Peter Coml Invest Poor & Cob Cp&l Irving Tr Comwith & Son Procter & Gam P&l Tex el S Com & South Pf Pullman Tex P&l G &T Consol Oil Radio Corp Am Container Corp Reading Co Revere C & Br Reynolds Met Coty Inc Wrwerenseeeeeese Crane Co Richfield Oil Siawwe Crown Zellar Crucible del & Hud Shattuck F Shell Union del Lack & W Simmons 1558 Devoe & Ray A Skelly Oil Dist Corp Seag Socony Vac Dome Mines South Ry Pf Te el Boat Sparks el Pow & Lt Sperry Corp Spiegel Inc Avescscene Fairbk Morse Cal Werceesece Ind Foster Wheeler Freeport Sul Stone & Web Am Trans 441 Studebaker Oeeraseees Texas Cor Tenn Corp Oesenseres Thea Ey Tex Gulf Bag & P Holland F UN Carbide Homestake M Air Lines Hud Bay M&s Aircr Crp Hudson Mot United Corp Eng & Fd U S Interlake II Interchem Corp US Real & Im Conn Valley FAS East St. Louis

Wheat Prices Rebound After Weekend Rains

Chicago market notes weekend rains in the spring wheat belt caused a brief price dip but prices recovered most losses. Government flour purchases were light but milling buyers supported levels. Slow wheat movement and rust reports kept strength, with July and September futures mixed. Corn fell modestly while oats slipped.

Chicago

Pound Drops After Fast Run-Up In New York

Exchange notes the British pound sliding 1 1/4 cents versus the dollar after a rapid rise. Late rates show Canadian dollar at 81.00 U S cents and various foreign currencies with nominal or unquoted figures across markets.

New York Great Britain U. S Belgium Denmark Finland France Germany Benevolent Greece Hungary Italy Netherlands Norway Portugal Rumania Sweden Switzerland Yugoslavia Argentina Free Brazil Mexico Japan Hongko Shanghai

Bar Silver Holds Steady at 34 Percent in New York

In Silver, New York, market watch reports bar silver at 34 percent unchanged. Traders note stable prices with little movement today as activity remains subdued.

New York

Canada Dry Ginger Ale Earnings Seen Near $985000

Canada Dry Ginger Ale Inc is expected to show nine month net income around $985,000, about $1.60 a share, maintaining a 60 percent earnings rise from the first six months of the current year. This compares with $625,518 or $1.02 a share for the first nine months of 1939.

Dahlberg, Durand & CO Canada Dry Ginger Ale, Inc Canada Dry

United Carbon Sees Quarter Profit Near $1 a Share

Indications point to United Carbon reporting profits around $1 a share for the current quarter, an improvement over 96 cents per share earned in the same period of 1939.

United Carbon Company

Pepsi-Cola Domestic Sales Gain In Early Year Report

Domestic sales of Pepsi Cola for the first five months of this year rose 45 percent over the same period last year according to an official report.

Pepsi-Cola Company

May revenue surge for early rail carriers broad gain

Revenues of the first three railroads to report for May rose sharply from 1939. The trio Chesapeake & Ohio Kansas City Southern and Erie posted a 45.6 percent gross increase and a 240.8 percent jump in net operating income.

Chesapeake & Ohio Kansas City Southern Erie

Livestock Market Report Los Angeles June 24

Hogs salable 1 400, steady to 15 higher than Friday, top 6.50 for 205 214 lb Californias. Cattle salable 2 700, early sales steady but trade slow and undertone weak with many unsold. Calves 700 slow steady to weak. sheep 2 200, lambs 25 or more lower, north coast wooled lambs 9.25 9.50, ewes steady at 3.50.

Los Angeles

Kansas City Livestock Markets Report

Hogs total and salable 2 500 fairly active to 10 higher than Friday top 5.25, most 180 270 lb. cattle total 6 400 salable 6 000 calves 1 650 salable 1 600 fed steers and yearlings strong to 15 higher grass steers steady stockers and feeders steady 50 percent of receipts. Sheep total and salable 7 000 opening clipped lambs strong to 25 higher top clipped lambs 8.00 native spring lambs above 10.25.

Kansas City Oklahoma

Chicago Market Report Hogs Sheep Cattle Prices June 24

Hogs 14 000 mostly steady to 10 higher than Friday. 180-270 lbs 5.20-40 top 5.40. 270-360 lbs 4.75-5.25. 300-350 lbs down 4.55-4.70. 360-500 lbs 4.15-4.50. big weights down. Sheep 4 400 active. Idaho spring lambs 10.50 early. native spring lambs 10.25-10.50. ewes 2.50-3.55. Cattle 14 000 calves 1 200 active. steers and yearlings 9.75-10.75. best long yearlings 10.65. heifers 9.75. cows 5.00-6.00. vealers 9.00-9.50.

Chicago Idaho

Old July cotton leads gains before first notice day

The old July contract outpaced other deliveries on trade buying and hedging ahead of first notice day. By midafternoon old July rose 6 to 10.31 while other months showed mixed moves between 1 up and 2 down. October and December were pressured by spot house liquidation and southern hedging. futures closed 2 higher to 5 lower with last quotes showing July 10.49n and Oct 9.37, Dec 9.21, Jan 9.09n, Mar 8.92n, May 8.76.

New York Spot House

Produce exchange receipts list butter cheese eggs

Produce exchange receipts show butter 216500 lbs cheese 23400 eggs 1600 cases. Butter in bulk 0.29, candled large eggs 0.22, mediums 0.18, large 0.14, small 0.15 per unit.

Los Angeles Salif

Willkie Gains Momentum at Republican National Convention

Delegates gather in Philadelphia as Willkie gains favor with estimates of 100 votes on the first ballot from Delaware and rising momentum from unpledged delegates. Taft and Dewey backers contest credentials and Vandenberg strategists seek second-choice strength while Stassen prepares tonight’s keynote.

Hamton America Albert Joseph McCartney Covenant First Presbyterian Church Washington, D. C Robert E. Lamberton Philadelphia Alice Roosevelt Longworth Bridges Willkie Daniel 0. Hastings Delaware Utilities Robert A. Taft Ohio Samuel E. Boys Plymouth Ind Boys Indiana Taft National Committee Florida South Carolina Joe” Tolbert Vandenberg H. Vandenberg Edwin F. Jaeckle New Yorkte Republican Committee Thomas E. Dewey New York Platform Committee Republican Party Dewey Arthur Vandenberg Michigan Arthur James Pennsylvania Frank Gannett Styles Bridges New Hampshire

France and Britain clash over armistice terms

The article reports on Allied reactions to the Nazi armistice, detailing demands that France surrender fleet units, demobilize forces, intern ships, and cede control of domains from Syria to Morocco. It notes British concerns about the fate of the French fleet and outlines Germany’s specified conditions for occupation and disarmament.

Alexandria Italy Germany Geneva Tours France

France under German armistice threat to throne and empire

In wartime commentary Churchill scolds the French regime for its capitulation and warns that German terms would turn Continental France into a base for Nazi operations against Britain. The piece notes large French assets and troops abroad and predicts political transformation under Nazism if Britain falters.

Bordeaux Marshal Petain England Mr. Churchill France Britain Hitler Syria Africa Near East Mussolini Germany

Wool Sales Slow in Boston as Demand Dips

Scattered sales of domestic wools closed in Boston with demand easing since early last week. Fine territory wools in original bags fetched 85 to 87 cents scoured for good French combing lengths, 82 to 84 cents for shorter lengths. country-packed and bright fleece wools remained slow though prices stayed near 40 cents grease delivered to users.

Boston

Salt Access Helps Horses Endure Heat

Observation notes that horses can withstand hot conditions better when they have free access to common salt. The note emphasizes electrolyte balance and hydration as key factors in thermal tolerance for equines.

Churches in New York State Valued at 600 Million

New York state church properties total an estimated value of 600 million dollars across multiple parishes and church buildings reflecting substantial real estate holdings. Fundraising and assessment efforts are ongoing to manage assets and taxation implications.

New York State

Passport Proof of Citizenship Holds in Entry Case

The circuit court ruled that a passport, when shown to an immigration inspector, is in use within the meaning of federal statutes as proof of citizenship on entry into the United States, rejecting the defense claim.

United States

France criticizes British leadership over war aid and mobilization

A French statement denounces British government double standards in wartime reflection and aid. It recalls promises of 26 divisions to France, cites 1914 war aims confusion, and accuses ministers including Georges Mandel of unauthorized negotiations. It notes Churchill Halifax and Beaverbrook shifting toward a more imperative stance toward France.

France Marshal Petain Verdun Daladier Reynaud Georges Mandel Interior Churchill Lord Halifax Lord Beaverbrook Brittain

Armistice Threats Amid Allied Raids Reported

A wartime communique claims armistice talk failing as Allied air raids hit Palermo Sicily killing 25 and wounding 153 with no military targets found. Attacks extend to Massawa Assad Diredawa in Italian East Africa and Egypt’s Marsa Batrah Sidi Barrani Djibouti Berbera. British French bases at Balta Bizerta bombed and an Allied submarine sunk in the lower Tyrrhenian Sea.

Palmero Sicily Massawa Assad Diredawa Italian East Africa Marsa Batrah Sidi Barrani Egypt Djibouti French Somaliland Berbera British Somaliland Balta Bizerta Tyrrhenian Sea

Also Mentioned on This Page

THE Associated Press Ae Ae Cerro de Pasco Consolidated Cop Inspiration Seeneeeeee Kennecott Miami Magma LPM Mpmi Sapes Vecdnecerctones Dinniaitte Eugene Mittelhauser Tunis Indo-China Morocco Senegal Cameroon Jibati Geers Os Hs Ee Ter Serene Manufacturers Sales Company South Park Avenue Mikes Russell & Shepherd Fourth Ave Congress Hubbard’s Grand Ave St. Mary’s Rd Tucson Catalinas Olympic Ariae Ave Singer Sewing Machine Co E. Congress Principal Exchanges Standard Pacific Coast E. Pennington Reilly Arizona Mortuary, Inc Ambulance Service Parker Mortuary
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