Market Movement Sees Heavy Buying Amid Tepid Stock Trading
New York June 27 heavy buying in major commodities unsettled an otherwise flat market. Cotton futures rose beyond 1.60 per bale to 11 year highs while cottonseed oil futures hit fresh records since 1926. Grains showed strength and bonds stayed steady as declines touched several leading stocks including U S Steel Bethlehem Montgomery Ward U S Rubber and General Motors amid a mixed week for automotives.
MENTIONED IN THIS ARTICLE
New York
U.S. Steel
Bethlehem
Montgomery Ward
U. S. Rubber
Glenn Martin
International Harvester
American Telephone
Santa Fe
Great Northern
Kennecott
American
Westinghouse
U.S. Gypsum
General Motors
Silver Prices Steady at 34 Percent in New York
Bar silver listed at 34 percent in New York with no change reported.
Canadian dollar gains in New York trading. peso and Shanghai off
The Canadian dollar advanced about 1 percent against the U S dollar in New York trading on a light exchange day. The Argentine free peso rose slightly while the Shanghai dollar edged lower with most other currencies little changed.
MENTIONED IN THIS ARTICLE
New York
U. S
Great Britain
Canada
Europe
Bankers Foreign Exchange Committee
Latin America
Argentine
Brazil
Mexico
Far East
Japan
Hongkong
Shanghai
Cotton futures surge to 11-year highs in New York
On June 27 cotton futures rose over a dollar a bale to the highest level in 11 years as investors from Bombay Wall Street and mills pressed purchases. Futures closed 27 29 higher with July at 14.97 October 15.17 December 15.27 January 15.29N March 15.32 May 15.31 32. Midding spot 15.80N.
MENTIONED IN THIS ARTICLE
New York
Bombay
Wall Street
Produce exchange receipts and butter cheese quantities
Los Angeles reported receipts for the produce exchange on June 27. Butter totals 157,700 pounds and 22,200 pounds of cheese. Butter in bulk 39. Candled large eggs 33, med says 3019, smalls 25.
MENTIONED IN THIS ARTICLE
Los Angeles
Pi— Produce Exchange
Kansas City Livestock Prices Slower Trade On Hogs Cattle and Sheep
In Kansas City on June 27 the USDA reported total hog supply 2,000 with prices 10.25 to 10.70 for various weights and sow bids 9.50 to 10. Calves and cattle totaled 400 with slow to weak demand in cleanup trading. canners and cutters 4.75 to 6.50, vealers 10.00 to 11.50. Sheep 1,600 with slow sales. native spring lambs steady to lower grades bid 25 to 50 lower, early lots 11.25 to 11.50.
MENTIONED IN THIS ARTICLE
Kansas City
U.S. Dept. Agr
Livestock Prices and Trading Activity Report from Chicago Market
U S Department of Agriculture notes 7 000 salable hogs and 1 000 cattle with calves. Hog weights 180 to 500 pounds show steady to 15 lower prices, tops at 11.00 and 10.60 to 11.80 per hundredweight. sows down to 9.35 tens. Cattle and calves weak overall with light to medium weight steers hardest hit, best grain fed around 10.50, dairy cows uneven and weaker. Sheep market steady with spring lambs around 12.00 and ewes at 4.75 4.50 for bulk cleanup. Week end trade on stock cattle dull with large feeder division inflow.
MENTIONED IN THIS ARTICLE
Chicago
U.S
Livestock Market Report Los Angeles June 27
Hogs saleable 200 with 63 head at 220 lb local fed buyers arriving at noon. Cattle salable 150 with steers and heifers mostly steady. cows and canners lower. Calves 50 steady to weak with heavy weights 12.75. sheep 25 on offer with lambs quoted around 10.00 and ewes at market value.
MENTIONED IN THIS ARTICLE
Los Angeles
Denver market report cattle hogs and sheep prices
Denver dispatch notes cattle salable totals 100 calves 25 bulls active at 8.10 to 9.00 with other classes weak. odd vealers 13.00 down. Hogs salable 200, total 1,200, very slow. 15 to 25 cents lower, good and choice 180-270 lbs scarce, early top 10.90, sows 9.00-10.00. Sheep salable 2,400, nothing done, buyers stronger on fat lambs amid quality considerations.
MENTIONED IN THIS ARTICLE
Denver
U. S. Dept
U.S. Wool Prices Steady in Boston Trading
In Boston on June 27 a moderate volume of fine foreign wools moved with fine South American lots at 97 cents to $1.02 a pound scoured including duty. Original bag territory wools sold around $11.03 scoured for short to average French combing lengths. Combing wools remained quiet with spot quotes at 46 to 48 cents greasy.
MENTIONED IN THIS ARTICLE
Boston
U.S
Metals Prices Steady Across Metals Markets
In New York on June 27 copper remains steady with spot at 12.00 in Conn. Valley and export FAS NY 11.00 12.00. Tin shows ease with spot and nearby around 52.873 and forward 52.1232. Lead and zinc hold firm with several regional quotes, while pig iron and several other metals including aluminum antimony quicksilver platinum wolfermite and scheelite stay unchanged.
MENTIONED IN THIS ARTICLE
New York
Conn
Valley
East St. Louis
Wheat futures rise to over 1.08 in Chicago pit
Grain prices gained as wheat led the session with July futures above 1.06 and September near 1.08, marking the highest quotes since May of last year. Corn, oats, and soybeans also posted solid advances with July and September contracts up several percent.
MENTIONED IN THIS ARTICLE
Chicago
Falangists Rally Across Spain in Anti Soviet Stand
MADRID June 27 Falange leaders push anti Soviet demonstrations with recruiting stations in regional HQs and a call to form a combat legion to fight Russia Thousands march in Ubeda Cartagena Toledo Jaen Gerona Palma de Mallorca and El Escorial Seville students chant Love live Hitler Mussolini and Franco to death with Communism The question remains how Spain will contribute to the fight in the new Europe
MENTIONED IN THIS ARTICLE
Madrid
Spain
The
Falange
Russia
Ubeda
Cartagena
Toledo
Jaen
Gerona
Palma de Mallorca
el Escorial
Seville
Hitler
Mussolini
Franca
Adolf Hitler
Europe
British Ambassador Returns To Moscow
British Ambassador Sir Stafford Cripps returned to Moscow today. British military and economic missions also arrived. Britain began preparing to send military and economic missions to Moscow in line with aid for Soviet Russia since the Nazi invasion began last Sunday.
MENTIONED IN THIS ARTICLE
Moscow
Stafford Cripps
Britain
Soviet Russia
Local Live Poultry Prices From Colored Flyers
The notice lists live poultry and dressed meats with per pound prices for Leghorns in various weights, broilers, squabs, and rabbits. Includes soft breasted roasters and colored hens with weight brackets and cents per pound.
Minimum Prices Set for Beauty Treatments July 1
Phoenix June 27 A price scale for beauty treatments becomes effective July 1 after final approval by the state board of beauty culturist examiners. Operators statewide voted 81 to 100 percent in favor, with a single district approach and a separate scale for beauty schools. Double pricing allowed for services outside a shop.
MENTIONED IN THIS ARTICLE
Phoenix
State Board of Beauty Culturist Examiners
Pearl Ware
Safford Refi Bonds to Cut Interest Costs
Safford will save 11 757.50 in interest by refinancing 100 000 in municipal gas system revenue bonds. The council plans to retire the issue from the Reconstruction Finance Corporation and resell to a Phoenix brokerage. Current bonds pay 4 percent to 1964. new issue would pay 3.5 percent to 1961.
MENTIONED IN THIS ARTICLE
Safford
Reconstruction Finance Corporation
Phoenix
DiMaggio Ties Sisler Hit Streak Record in 39 Games
Joe DiMaggio singles to center in the first inning against Chubby Dean to extend his hitting streak to 39 straight games, two shy of George Sisler’s 19 year old record, scoring Johnny Sturm for a 1-0 Yankee lead in Philadelphia.
MENTIONED IN THIS ARTICLE
Philadelphia
Joe DiMaggio
George Sisler
Chubby Dean
Johnny Sturm
Yanks
Classified Ads Mixed Deals and Remnants
A jumble of early classifieds touts close-out prices on evaporative coolers and furniture trades, with phone numbers and addresses. Listings include autos, flowers, upholstering, real estate, and small business notices, all urging quick contact and cash offers.
MENTIONED IN THIS ARTICLE
FURN
4Th Ave
W. B' Way
HOPE
Mfgs. Sales CO
S. Park
N. Stone
H. Whitesell
Daily Crossword Across Clue List From Yesterday
Across clues include Bulk soft mineral island off Sicily mewney Verbal examinations Metal tag Elementary substance ion r able five liver Pertaining to space Latvian coins Shrill trumpet False faces Gash Young woman Question Cry of pain One who lie Jumbled type Spanish title a Lively Dicker Part of to be Thick liquid Bandages Serious Perch for fowls Music note Periods of time Small valleys Musical instrument Case for tol p let articles Establish Ovum yesterday’s answer includes errors and overlaps from the puzzle.
MENTIONED IN THIS ARTICLE
Lively
Dicker
Also Mentioned on This Page
Associated Press
Dow Jones & Co
E. F. Hutton & Co
New York Stock Exchange
Indus
St’ks
Ennee-E- A
Johns Manville
Ais
Kroger Grocae
Lehman Corp Een Neeeenenseree
Am Airerlines
Libby McNl
Liggett & My B
Lima Locomotive
Ch & Cable
Alcool
Lockheed Airco's
Loew’s Inc
Macy (Rh) .Co
Marine Midland
Rad & St
Marshall Field
Smelt & Ref
Martin (Gl) Co
Masonite Corp
Maytag Co
McCror Vy
McGraw Elec
McKess & Rob
Armstrong Cork
Raezi
Mission Corpell
Arch T& SF
Monsanto Chem
Atl Coast Line
Montgom Wardacon Enewenenwnes
Atl Refining
Atlas Corpa
Ste
Murray Corp
Nash Kelvinator
Bald Loco Ct
Nat Acme
Balt & Ohio
Balt & Ohio Pfee
Barker Bros O
Nat Biscuit
Beth Steel
Dilg Nat Distillers Eens
Black & Decker _ acces eenseee
Nat Gypsum Aeens
Blaw Knox Aeeee
Boeing Sens
Seedcenwene
Borden Co
Nat Pow & Lt
Bor Warner Oe
Natl Steel
Bridgeport Brass
Ene
Nat Supply
Briggs Mfg
Nat Tea
Bklon Man
Natomas Co
Serene N Y Central RR
NY Shipbuilding
North Amer Co
Byers (Am
Northern Pacific
Calif Packing
Otis Steel
Ches & Ohio
Owens Ill Glass
Ches Corp
Childs Coos Oe
Chrysler Corp
Vu Pac Gas & Elec
Climax Molybd
le Pac Lighting
Pac Tin
Colgate Palm
Param Pictures Ie
Colum G & el
Colum Pict
Park
Utah
Con
Pathe Film
Colum Carbon
Penick & Ford
Penney (Jc) SU
Poor & Co
Consol
Procter
Crane Co
Radio Corp of Am
Crown Zellerbach
Eseeeewees
Keith Orphweeeesee Crucible Steel
Raybest Man
Reading Co
Cuban Am Sugar
Reming Rand
Schenley Distill Oa
Seaboard Oil
Douglas Aircraft Fe
Sears Roebuck
Dow Em
Servel Inc du Pont de Na
Shell Union Oil
E Simmons Co
Skelly
Socony Vacuum
Southern Ry
Fairbanks Morse
Sperry Corp
Fed Mag & Smelt
Steeeeee
Spiegel Inc
Square DC
Eneese
Firestone T & R Sete
Stewart Warn
Stone & Webster
Studebaker
Lagat
Sun Oj Corp
Texas & & Pacific
T & Rub
Texas
Gillette
Texas Gulf Sylph
Eescerns
Gimbel Bros Ween
Texas Pac
C&o
Tex Pac L Trust _ ae
Goodrich (Bf
Rolf Serreeronnces
Transamerica
Aeeenenee Geeeeeee
Greyhound Corp
Guantan Sugareeeneeenweeree Ll
Ill
Tri Cont Corp Ll
Truax Traer
Walker
Houd Hershey
Underwood
Houston Oil
Union Bag & P
Howe Sound
al Union Carbide
Tilinois Sem Incifasiadas
United Biscuit
United Drug
Int Harvester
United Gas
Int
Hydro Elec Asssi US Gy
New York Bonds
Alleghany
Ancon
AT & SF
Hudson Coal
Hud&m Rig
T&t
Liggett & M
P<
Phila Co
Utah P&l
Warner Bros
West Ends
Wilson & Co
Youn S&t
Chile
Curb Am Cyan
Am Gas & el
Lt & T
Auburn CenMig
Babcock & Wil
Baldwn Lewar
Berk&Gay Furn
Cor
Colum G&e Pl
Crocker
EIM
Croft Brewing
Crown Pet
el Bond & Sh
el B&sh Pf
Equity Corp
Glen Alden Coal
Gulf Oil Senovte
Eeecee Humble Oil SM Ry
Imp Oil Ltd
Soscee
Lake Sho Min
Mount City
Nat Bellas Hess
Pennroad
Pitt Pl
Vultee Aire Aoseeee
Wright Harg
Ark P&l
Spe&l
Glen al Coal
Penn Cp&l
Tex el S
UN L&p
W Newsp U
New York Bank and Trust
Bk of Am Nts
Bank of Manweeeeeereerese
Bank of N Yseeeee
Bankers Treaeeeeeee
Eklyn Tr
Cen Han Bk & Tr
Chase Nateee
Chem
Bk & Treneeee
SBA Cent
Bk & Tr
Bk & Teters
Empire Tree
Seeeweeres
Guaranty Tr
Irving Tr
U S Leather
U S$ Pipe & Fury
U S Rubber
U S
S Steel
S Steel Pf
United States A. Seseeeeneere
Vanadium Corp
Walgreen Co
Warren Foly & Piwnenereeeees
Waukesha Motor - Nnaeeeenenenenee
Wesson O & Aeeeeeeenenree
A's West Union Tel
Westing Air
Woolworth
Worthington P & M
Ereres
Wrigley (W) Treteeeeee
Yellow Tr & Co
Youngst Sh
Renee Snaes
Calumet
U. 8S. Bonds Treasury
Oan
Eens Aciaccetickae
UE Siseeeeeed
Dimaggio
Sisler
Hubbard’s Greene Houses
Becker __ Bros
Sith
RM. Adj
Bath
Radio
Cook Er
1St St
Reasonable
University District
First Ave
Handy
P. O
Adobes
N. Westmoreland
R. Dandy
Cottag
Camilla
Beith St
Daily Crossword
Sicily
Mewney
Kenneth
Alber
Emerson
King Features Syndicate, Inc
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