Market Movement In New York On Willkie Nomination
The New York market rose briskly on June 28 with utilities leading as theWillkie nomination boosted sentiment. Trading reached about 1.2 million shares in the first hour with rapid gains and profit taking later narrowing the top. Major movers included Consolidated Edison American Water Works U S Steel Bethlehem Chrysler General Motors Dow Chemical Du Pont Westinghouse and General Electric while Standard Oil of New Jersey Sperry and Phelps Dodge lagged.
MENTIONED IN THIS ARTICLE
New York
Wendell L. Willkie
Wall Street
Balkans
Go.p
Common- Wealth
Southern Common
Willkie
North American
Consolidated Edison
Public Service of N. J
American Water Works
United Gas Improvement
U. S. Steel
Bethlehem
Chrysler
General Motors
Dow Chemical
du Pont
Westinghouse
General Electric
Ae Smelting
Sears Roenck
Standard Oil
N. J
Sperry
Phelps Dodge
Power and Light Company
Cotton futures ease after July notices trigger liquidation
Cotton futures fell after 56 July notices prompted liquidation and Wall Street selling. Early gains faded as July settlement pressure grew, with futures closing 3 to 6 points lower. Old July at 10.7, new 10.50. other contracts listed with modest declines. Middling spot at 10.85.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Produce prices and receipts from Los Angeles market
Produce exchange receipts list butter 167000 lbs cheese 41600 eggs none. Butter in bulk 0.30 candled large eggs 0.22 do mediums 0.18 percent do smalls 0.14.
MENTIONED IN THIS ARTICLE
Los Angeles
Calif
Bar silver price holds at 34 percent
In Silver New York on June 28 the bar silver price remained unchanged at 34 percent.
MENTIONED IN THIS ARTICLE
New York
Livestock Prices and Totals Report Denver June 28
Livestock market summary from Denver shows cattle salable 75 head total 75 with calves 25 head total 25. heifers 9.60 and cows 6.00. canners 4.00-5.25. bulls 6.00-7.5. vealers 10.00. Hogs salable 200, total 1,900. top 5.75 for 265 lb. sows 4.25-4.75. Sheep salable 3,900. native spring lambs 9.85-10.40. ewes 5.10. carrots spring lambs not traded. steady to strong.
MENTIONED IN THIS ARTICLE
Denver
Cattle Hog and Sheep Prices Move At Kansas City Auction
Kansas City market report shows hogs total 1,500 with most 10-15 higher, top 5.50. cattle total 350, salable 200, calves 250, with killing classes steady and vealers firm. Sheep total 1,200, spring lambs uneven but mostly steady to 25 higher, best collected at 10.75 to 10.50 for natives and goood to choice lots.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago Hog and Cattle Market Report With Prices
Salable hogs 7 000 total 13 000 prices steady to 10 up with 250 lb hogs up 10 to 15 cents. sows 5.75 top as weights vary. Cattle: 1 000 head with calves 300. best weighty steers 10 90. heifers 9 65 9 75. stock cattle 8 75 9 75. calves 11 00. meat cows 5 50 6 25. Sheep 1 000. demand strong with native spring lambs 11 35 to city butchers. load 73 lb shorn lambs 8 25. Texas two year olds 6 50. ewes 2 75 3 75.
MENTIONED IN THIS ARTICLE
New York
Curb South
Alum Co Am Aero
Am Gas & L
Hutton & Co
New York Stock Exchange
St & T
Indus
Maracaibo
G&e
Saan
Ark Nat Gas A
G&el
Atlas Corp
Sterl Prodweewee Aviation & Tran
Stewart Warn
Babcock & Wil
A Stone & Webeee
Baldwnne War
Studebaker
Omaeeeenee
Abbott Lab
Yi Gimbel Bros
Sun Oil
Wees Sewed
Blue Ridge
Adams Exponeeerneee
Glidden Coweeeeeeree Fa
Sunshine Mag
Carrier Corp
Addresseg Sereeerseree
Goodrich Oteereneenene
Superheater
Cen & Swateeeeee Air Reduc Core
Goodyear T & A. BX
Cen St el
Alaska
Graham Paige
Superior Oil
Wattenewes
Alleghany Corp
Swift & Co
Alleghany
Grant
Comlch & Sw
al Chem & Dye
NorkOre Ctf
Creole Pet
Allied Strs
No Ry Pf
Oa i | Tenn Corp
Crocker Wh Eim
Allis Chaig Seers
Texas Co
Crown Drugscore Amerada
Greyhound
Tex Gulful Weeeee A
el Bond & Sh
Am Airlines
Guantan Sugar
Tex Pac C&o
Serereee
Am Bank Note
Tex Pac L Tr
el B&sh
Can
Thermoid Teeee
Equity Corp
Homestake M
Thomp Starrett
Falstaff Brew
Am Ch & Cable
Car & Fay
Tide-Wat
Glen Alden
Encaus Til
Houston Oil
Timk
Gt Ail & P Nw
Howe Sound
Internat Pet
Lone Star Gas
Pow & St
Straneeneereee
Tween Fox F
P&l
Interb Rap Tereeee
Louis L&e
Rad & Sts
Interchem Corp
Mesabi Iron
Interlake
UN Bag & P
Ae Mount Ctygg
Am Smelt & R
Int Harvest Ic
UN Carbide
Republic Avia
Pap&p Pf
Sherwin Wms
Johns Manville
Eng & Fd
Armstong Cork
St Oil Ky
St Pow & Lt W
Atch
T& SF
Kresge SS Seveeeseseee
Sunray Oil
Atlast Line Wesevese
Kress SH Eeereeesere
U S Steel
Balt & Ohio Pf
U S Steel Pf
Ark P.L
Barber Asph . An
McN & Lib
As Elec
Barnsdall
Eeewsewos
Ligg & My B
Strie A
Baldw L
Bayuk Cigar Oreree
Lima Loco
Bendix Aviat
Cit SP
Young S & W
Callahan Z-Ld
Minn-Hon Reg
Minn Moline
Youngst
Sh & T
Canad Pac
Eacaceeereeee
Zenith Radio
Chi & N W
Murray Corp
Chrysler
Cluett Peabody
Eelum G & el
Nat Pow & Lt
Comwith & Sou
Om & South Ee
Nat Supply
Newport Ind
North Am See
Container Corp
Northern Pac
Oliver Farm
Owens II Gleerreree
Coty Inc
Eereererscees
I* Crane Co
Pac G & el
Crown Cork Crosley Corp
Sen Oeeee
Pace Lt
Crown Zellar Oreaee
Packard Mot
Crucible Stl
Param Pict Ateeewewes
Cuban Am Su
Pathe Film Soseeees
Petro Corp
Deere & Co
Philip Morris
del & Hud
Phillips Pet
del Lack & W
Devoe & Rav A
Pitt Scr & B
Dist Corp Seag
Plymouth Oil
Poor & Co
Dow Chem Douglas Airc
Procter & Gam
du Pont de
Pullman
Eastman Kod
el] Auto L
Rem Rand
Erie RR
Fairlok Morse
Repub
Foster Wheeler
Freeport
St Jos
Gen Am Trans
Schenley
Bronze
Ercoventec
Seaboard Air
Seaboard Oil Con AO
Sears Rock Commons
Gen Mills
Shell Union
Simmons
Gen & Ad
Chicago
Texas
California Livestock Market Report Los Angeles June 28
Hogs salable 100 with steady to 10 higher bids. Top 6.60 for 204-207 lb Californias. medium to heavy lots premium on medium weight. Cattle salable 150 with steady cleanup trade. good fed steers around 9.75+, dairy cows 4.75-5.75, canners down to 4.00. Calves 100 with few heavy calves at 9.75 and vealers 11.50+, sheep supply none. wooled lambs up to 9.50 and light ewes to 4.00.
MENTIONED IN THIS ARTICLE
Los Angeles
Exchange News: British Pound Dips After Sharp Jump
New York June 28 The free British pound fell 6 cents today after yesterday’s 26 cent surge. Rates list official Canadian control board figures for U S dollars with premiums and discounts, plus various international currencies and spot cable quotations.
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Exchange
New York
Great Britain
Canadian Control Board
U. S
Belgium
Denmark
Finland
France
Germany
Greece
Hungary
Italy
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Norway
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Rumania
Sweden
Switzerland
Yugoslavia
Argentina
Brazil
Mexico
Japan
Hongkong
Shanghai
Metals News Roundup From New York Markets
Copper holds steady at 11.12 sin exports and spot in Conn Valley. tin remains 52.75 with forward 50.25. lead steady at 5.00-5.05 in New York and 4.85 East St Louis. zinc steady at East St Louis spot and forward 6.25. Other metals including pig iron aluminum antimony silver platinum tungsten and scheelite unchanged.
MENTIONED IN THIS ARTICLE
NEW York Bonds
Alleghany
Eine Ae
T&t
AT & SF
B&o
B&o SW
Bell T Pa
Beth Sdl
Bos &. Me
Bkly Edis
Brk UN Gas
Con Oil
Cuba NoRy
Duqu Lt
Goodrich
Gt Nor Ry
Hud&m Rfg
Ill Cen
Int Paper
Int
Loew’s
Phila Co
Postal
T&c
Socony-Vac
South Ry
Stude
UN Pac Ist
Utah P&l Is
West UN
Wilson & Co
Youn S&t
Belgium
Brazil &S Seeesewavee
Ger
New York
Conn
Valley
Fas NY
East St. Louis
Auto prices seen higher as dealers hold strong orders
Dealers maintain firm factory orders above expectations despite record field inventories in 1941 auto market. The pace suggests prices may stay elevated as manufacturers clear excess stock and meet demand.
Brooklyn Union Gas Co. Sees Gas Output Up in Q2 1939 Tie
Operations of the Brooklyn Union Gas Co. in the second quarter show a gas send-out averaging about 5 percent higher than the same period in 1939, indicating continued stronger performance than a year ago.
MENTIONED IN THIS ARTICLE
Brooklyn Union Gas Co
Continental Oil profits seen rising on higher sales
Slightly lower refined product prices may be offset by much higher sales volume in the current quarter for Continental Oil Co. compared with the first three months of the year. Indications to date suggest profits could approach the initial period level of 29 cents per share on outstanding capital stock.
MENTIONED IN THIS ARTICLE
Continental Oil Co
National Dairy predicts lower first half earnings
National Dairy Products Corp reports six month net income near 85 cents per common share for the six months ended June 30, below the $1.01 per share and $6,678,849 net for the prior year. Current month results are expected to heavily influence the half year figure.
MENTIONED IN THIS ARTICLE
National Dairy Products Corp
Grain prices slip as wheat hits low since September 1
Wheat futures faltered after a brief early advance, closing fractionally down from the prior session. Prices dipped as much as 1% cents below yesterday, with July at 76 3/4 and September at 76 1/4 to 75 5/8, while corn and oats also moved higher and lower amid market sentiment.
MENTIONED IN THIS ARTICLE
Chicago
Willkie
British Backing in Conference Hinted by Neutral Source
A neutral source claims peace factions within allied forces press for an end to the European war via a conference. It cites Wall Street influence on peace terms that could shield US markets and notes Ford’s engine stance shaping aircraft factory plans. Churchill’s cabinet stability and Russia’s backing are discussed as pivotal.
MENTIONED IN THIS ARTICLE
London
Wall Street
New York
United States
Henry Ford
Ford
Winston Churchill
Neville Chamberlain
Churchill
Russia
Britain
Turkey
Hongkong City of Newport News Sets Sail for America
The Hongkong City of Newport News departed today for the United States and may be recalled if needed. President Coolidge is deemed large enough to carry all American passengers aboard.
MENTIONED IN THIS ARTICLE
Newport News
Hongkong
America
Coolidge
Willkie Secures Unanimous G O P Nomination At Convention
After six ballots Willkie clinched the Republican nomination at the convention with 72 Pennsylvania votes adding to his total to reach 570. Dewey, Taft and others conceded. Willkie pledges to carry Republican principles while focusing on victory over Roosevelt.
MENTIONED IN THIS ARTICLE
Elwood
Ind
Willkie
Thomas E. Dewey
New York
Robert A. Taft
Ohio
Old Foxes
Pennsylvania
Willkie Strategy Board
Joseph W. Martin, Jr
America
Bricker
Hungary Romania crisis deepens as Transylvania mobilizes
Hungary with Premier Teleki and Csaky presses for gains while Romania, signaling concession to Russian demands, secretly mobilizes reserves. About two million Romanian troops are readied for action and rushed toward Transylvania as tensions rise.
MENTIONED IN THIS ARTICLE
Pal Teleki
Istvan Csaky
Vienna
Joachim von Ribbentrop
Romania
Hungary
Transylvania
Arizona Gets 300000 For Rural Electricity
Washington June 28 The Rural Electrification Administration plans to allot 300000 from a 1940 41 agriculture appropriation to aid construction of rural power lines serving 300000 new customers Administrator Harry Slattery disclosed. He said a 70000000 backlog of loan applications exists and state allotments may be revised as new information arrives.
MENTIONED IN THIS ARTICLE
Washington
Arizona
Rural Electrification Administration
Harry Slattery
Congress
Slattery
California Citrus and Walnut Crops Generate Over 100 Million
Orange and walnut growers in California report annual income exceeding 100 million dollars. The strong harvest supports farm communities and local economies across regions known for citrus and nut production.
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