Pound Sterling Surges in New York Foreign Exchange
The British pound rose 14 cents against the dollar amid scant sterling supply in a market driven by speculative demand tied to unconfirmed peace rumors. Noon rates show global quotes with multiple currencies unquoted or variably noted, including Japan, Hong Kong, and Mexico.
MENTIONED IN THIS ARTICLE
New York
Great Britain
U. S
Belgium
Denmark
Finland
France
Germany
Greece
Hungary
Italy
Netherlands
Norway
Portugal
Rumania
Sweden
Switzerland
Yugoslavia
Argentina
Brazil
Mexico
Japan
Hongkong
Shanghai
Cotton futures rise modestly amid steady demand
Cotton futures in New York on June 27 edged up with modest gains as domestic mill buying and foreign support steadied the market. Hedge selling and July liquidity trimmed gains. old July at 10.30 31, new contract July 10.54, and other contract quotes ranged with March at 8.85 and May at 8.69. Middling spot 10.93.
MENTIONED IN THIS ARTICLE
New York
Market Movement Hints At Hopeful Wall Street Rally
Mild rallying tendencies marked today s stock market as traders eyed the Republican national convention and war news. Prominent gainers included Douglas Aircraft Glenn Martin Great Northern Pennsylvania Southern Railway Consolidated Edison American Water Works Public Service of N J du Pont Westinghouse J C Penney and Montgomery Ward.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Hitler
Douglas Aircraft
Glenn Martin
Great Northern
Pennsylvania
Southern Railway
Consolidated Edison
American Water Works
Public Service of N. J
du Pont
Westinghouse
J. C. Penney
Montgomery Ward
Packard
Bonds
Grain prices wobble as market awaits Europe talks
Chicago grain traders waited for clarification of talks that could reopen the continental market for food imports. Wheat ended 1–13 cents lower with July at 77 cents, September 77 9/10, corn down 4 to 6 5/8, September 58 1/2 to 59, oats down 1. Weather in the southwest aided harvest prospects, while rumors of export programs influenced hedging and patience.
MENTIONED IN THIS ARTICLE
Chicago
Europe
Southwest
Northwest
Film Industry Prepares for War Disruptions
German aggression in France Belgium and the Netherlands plus a possible invasion of Britain threatens foreign revenues for American cinema. Producers cut overhead and aim for national self containment while factory output climbs, though the pace may ease before defense orders stabilize the economy.
MENTIONED IN THIS ARTICLE
Dahlberg, Durand & CO
France
Belgium
Holland
Norway
British Isles
May Factory Vehicle Sales Dip From April Yet Lead 1939
May factory sales of motor vehicles eased below April levels while the year to May showed strong gains over the 1939 period. May totals reached 391,251 vehicles versus 297,542 in May 1939, reflecting a solid year to date improvement.
MENTIONED IN THIS ARTICLE
May
Hayes Industries Reports Nine Month Profit Rise
Hayes Industries Inc reports net profit for nine months ended April 30 1940 of 251966 dollars or 1.18 dollars per common share compared with 91292 dollars or 42 cents per share for the same period in 1939.
MENTIONED IN THIS ARTICLE
Hayes Industries, Inc
Livestock Market Report Kansas City June 27
Hogs total 1500 mostly 15-20 higher than Wednesday top 5.35 with 180-270 lb at 25-35, 300 lb around 5.15. cattle total 1100, calves 300 with fed steers around 11.00 for 1100 lb, 870 lb yearlings 11.00, heifers 10.00, grass cows 7.00, fat cows 5.50-6.75. sheep 2500, lambs and springers up to 25 higher with trucked springers 10.50 and good to choice 10.25-10.50.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago
Wednessay
Livestock Prices in Los Angeles and Chicago Markets June 27
Los Angeles reports hogs 150 head steady to 10 higher with top 6.55 and sows 4.00-25. cattle 250 heads steady with good slaughter cattle scarce and bold prices for steers and cows. calves 100 head steady with vealers up to 12.00. sheep scarce with lambs around 9.50. Chicago market shows hogs 11,000 head, 15-25 higher. cattle 5,000 head with top 11.15 for light steers and high 10s for yearlings. sheep 1,000 head with spring lambs up to 15 higher and best around 11.15 for natives.
MENTIONED IN THIS ARTICLE
Los Angeles
Metals Market Report Highlights Price Stability Across Regions
Metals New York on June 27 reports steady or unchanged prices for copper lead zinc and minor metals. Copper spot in Conn. valley range 11.00 to 11.50 with export FAS NY 10.90. tin steadies at about 52.87 spot and near-term 50.37. lead steady in New York 5.00 to 5.05 with East St. Louis at 4.85. zinc steady with East St. Louis spot and forward quoted. other metals including mercury platinum Chinese wolframite and domestic scheelite unchanged.
MENTIONED IN THIS ARTICLE
Va-Caro
NEW York Bonds Alleghany
Alleghany
Walker& G&w
Am&For P
Walworth So Eeeerseeee Warner Pic
IG Ch
Dow Jones & Co
E. F. Warren Bros
T&t
Hutton & Co
New York Stock Exchange
Indus
Waukesha
Saeneeee Wess OO & S Seteteee
West Union Tel
AT & SF
Westingh Air
West el & M
B&o
New York
Whee Sun
Beos W
Wilcox,c & G
Wilson & Coweeeee
Bily Edis
Adams Ford Ttt
Kresge SS
Woolworth Aeteeeeree
Air Reduc Seweeress
Kroger
Grace Eoreenee
Worth P& M
Alaska Jun Prescnores
Can Not
Alleghany Stleeeeee
Onseee Wrigley Jr
Yell Trk & C Weceee
Am Airlines
Lib
Men & Lib
Young S & W
CB & K
Can
Ligg & My
Youngst
Sh & T
Car & Fdy
Lion Oil
Cmsp & Pac
Ch & Cable
Lockheed Aire
Loew’s
Zenith Radio
Ch&nw cv
Joa Am Encaus
Theo Is Rtarie
Zenite
Col G
Lone Star Cem Eo
Am Hide & Lea
Lorillard P
Con Edis
Internat Enrvesees
Louise & Nash
Wee Eteneeererer
D & RG W
Duqu
P&l
Hud&m Rig
Ncvary
McGraw Elec McCrory
Am Tel & Tel
NEW York Curb Loew’s
Zinc L & S
Cit P&lb
Arm Ill
Am Gas
Mo Pac
Lt & T
Nych&stl
Monsan Chem
Atchht&sf
Monty Ward
Ark Nat Gas A
Ning Sh
Nor Pace
Ad Refn
Atlas Corp War
Pac
Atlas Corp
Babcock & Wil
Colum G&e Pf
Balt & Ohio
Balt & Ohio Pf
Phila Co
Barnsdall
Nat Dept
Borden
Newport Ind
Borg Warner Oo-Eee
Ford Met Ltd
UN Pae
Utah P&l
Glen Alden Coal
Bridgeport Br
Gulf Oil
Youn S&t
Briggs Mrg
Brklyn Man T
North Am 1914
Bklyn UN Gas Oeewe
Northern Pac
Imp Oil Ltd
Brazil
Bucyrus Erienscewe
Canada
Eececowe
Ohio
Lone Star Gas
Italy
Burr
Packard
Pathe Film
Sherwin Wis
Ches & Ohio Ereseees
So Penn Oil
Pitt Scr
Cit SP
Repub
Reynolds Met
UN L&p
Coty Inc
Strseereee
Crosley Corp Avrsee
St Jos Lead Secenree
Crown Zellar
Schenley Disaveree
TennisElec
Crucible
Seaboard Air
Sears Rock Sacreereee
Curtis Pub
Servel
Shell Union Sa
Cutler-Hammer
Deere & Co
del & Hud
Coven
del Lack & W 314
Sou Pac
Dist Corp Seag
Sou Ry
Jvesas Vers Sccsusce
Dome Mines Ose
South Ry
Douglas Aircennen
Sparks
Sorseree
Dow Chem
Sperry Corp
du Pont de N
Spiegel Inc
E Ltd Brands Ltd
G&e $4
Eastman Rod
el Auto L
el Boat
Ind
el Pow & Lt
Sterl Prod
Stewart Warn
Stone & Web
Fairlok Morse
Studebaker Eocercesce
Bat
Foster Wheeler
Sunshine Mag
Freeport Sul
Sereeree Superior Oil
Gen Am Trans
Swift & Co
Gimbel Brossessee
Bag & P
Howe Sound
Unit Air Lines
Unit Aircorp
Illinois
Indus Ray
U S
Hydro-El A
U S Real & Im
U S Rubber
Pap & Pow
U S Steel Ore
Pap&p Pf
U S Steel Pf
Tel & Tel
Vanadium Hipaa Ae
Johns Manville
Va Caro Chem
Conn
Valley
FAS
Produce News From Los Angeles June 27 Prices
Los Angeles reports dairy and egg prices with butter at 101 7 cases 5 cases and bulk butter .30 candled large .22 medium .18 eggs smalls .14.
MENTIONED IN THIS ARTICLE
Los Angeles
England faces peace questions and Germany threat
Excerpts discuss whether Britain will seek peace with Hitler, and if England can defeat Germany. The piece notes Britain's firm stance to fight, Eden warns about refugees, and the need for strong defenses and allied French naval and air support. It weighs invasion risk and Britain’s 46 million population in crowded areas.
MENTIONED IN THIS ARTICLE
England
Hitler
Germany
Britain
Canada
Eden
Armored Car Driver Missing With $27,000
New York police report an armored car driver Thomas F. Phelan and $27,000 vanish after the truck stopped for guards to eat. Authorities suspect kidnapping with the money missing. the transfer was from Manufacturer's Trust to the Federal Reserve.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
Thomas F. Phelan
United States Trucking Corporation
Manufacturer
Thailand Licensed Factories Produce 225 Million Boxes of Matches
Licensed factories in Thailand reported production of 225,756,000 boxes of matches during the last fiscal year. The figure reflects sustained output in the country’s matchmaking sector and regulatory oversight.
MENTIONED IN THIS ARTICLE
Thailand
Bar silver steady at 34 percent in New York market
Silver prices in New York held at 34 percent purity with no change noted on June 27, reflecting a steady market for silver bar trading in the city.
MENTIONED IN THIS ARTICLE
New York
Army and Navy War Spending Plan Faces Army Strength Limit
The defense bill outlines $4 billion in army costs and a push toward larger forces, with opposition to increasing regular army strength beyond 500,000. It proposes 3,000 Rolls Royce aircraft engines and funds for ships, destroyers, and submarines, plus FBI, coast guard, and aeronautics programs. The army may seek 750,000 to 1,000,000 troops if the cap is not raised.
MENTIONED IN THIS ARTICLE
Army High Command
Ford Motor Company
Ford
House
FBI
Federal Bureau of Investigation
Coast Guard
Civil Aeronautics Authority
President
Civilian Defense Commission
National Advisory Committee On Aeronautics
NYA Vocational Training Planned for Defense Needs
The NYA will offer radio, mechanics, welding, woodworking and lathe courses with compensated training. Over 50 youths expected, with stations planned in Globe Phoenix and Tucson to aid national preparedness. resident instructors to be named. additional shop use at Ochoa center.
MENTIONED IN THIS ARTICLE
Fowler
NYA
Jane Rider
Rex Lindstrom
Pima
Rider
Washington
Globe
Phoenix
Tucson
Ochoa
Fow
ONYA
Arizona
East Third Street
Phoenix Fire Damage at Hardware Firm Estimated
Fire at the O. S. Stapley company in Phoenix caused damage estimated between $25,000 and $30,000, with losses covered by insurance. Workers cleared debris and damaged stock as preparations for rebuilding commenced.
MENTIONED IN THIS ARTICLE
Phoenix
O. S. Stapley Company
de Stapley
Roadside Market Helps Farmers Cut Costs and Boost Income
The roadside market provides an ally for farmers reducing distribution costs and increasing farm income by bringing products directly to consumers and local buyers.
British Anticipate Invasion as German Threat Grows
Reports warn of possible German invasion across the North Sea with a tactic of prolonged aerial bombardment to train landing troops. Officials note German bluffing risks, while U S Ambassador Kennedy flags wartime ship departures and preparations near England. Britain mobilizes about 2,000,000 troops and rejects peace talks.
MENTIONED IN THIS ARTICLE
North Sea
France
Belgium
Holland
U. S
Joseph P. Kennedy
Washington
Ireland
United States
Stavanger
England
Ceremany
Balkans Face Shifting Power Balance Amid Russian Moves
The text outlines fears over Russia's Balkan influence and partial dismemberment, warning Bulgaria and Yugoslavia of consequences while noting Italy and Germany hesitate. It suggests Russia’s advance could spur Britain advantage and delay Germany’s push toward Britain, with Turkey's neutrality aiding Russian aims.
MENTIONED IN THIS ARTICLE
Bulgaria
Jugoslavia
Balkans
Rumania
Russia
Italy
Germany
Europe
Great Britain
Hitler
British
Turkey
Balkan
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THE
Associated Press
Banks and Trust Stock
Bk of Am Nts
Bank of Man Oresereseees
Bank of NY
Bklyn Tr
Cen Han
Bk & Tr
Chase Nat
Guaranty Tr
Irving Tr
BP Sre
Eaesecceresces
Anaconda
Butte Cop&Zinc
Calumet & Hecla
Cerro de Pasco
Consol Cop
Ste Inspiration
Weterecess
Kennecott
Miami
Newmont Ees Cwereeee
Phelps Dodge
Ollay
Ministry of Information
Pittman
Senate Foreign Relations Committee
Anthony Eden
Army
Navy
Strategic Minerals
Treasury
Congress
South Park Avenue
Mintes
Russell & Shepherd
Fourth Ave
Hubbard’s
Grand Ave
St. Mary's Rd
Roy Messmora
Oracle
Ariz
Arizona Mortuary, Inc
Ambulance Service
Parker Mortuary
North Stone Avenue
Reilly
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