Sterling Rallies As Allied Counteroffensive Boosts Forex
Exchange news from New York on May 22 reports the pound and Canadian dollar gaining amid Allied operations. The Canadian dollar rose to 78.50 U S cents after a low day, with France and other major rates listed and various nations quoted in dollars or cents.
MENTIONED IN THIS ARTICLE
New York
U. S
Great Britain
Belgium
Denmark
Finland
France
Germany
Benevolent
Greece
Hungary
Italy
Netherlands
Norway
Portugal
Rumania
Sweden
Switzerland
Yugoslavia
Argentina
Brazil
Mexico
Japan
Hongkong
Shanghai
Market Movement In New York Stocks Gaining On War News
The New York market saw a shift from selling to selective buying as Allied prospects improved. Aircrafts steels and specialties led gains while several leaders faltered. turnover was about 2,100,000 shares. Douglas, United Aircraft, Glenn Martin and Sperry stood out on the upside with Montgomery Ward and Du Pont among favored issues. Lower were American Telephone Santa Fe U S Gypsum and J C Penney amid irregular bonds.
MENTIONED IN THIS ARTICLE
Rey Tob
Dow Jones & Co
E. F. Hutton & Co
New York Stock Exchange
Safeway
Eemecece
Shell Union
Adams Exp
Gen Ry Si
Addresseg
Gen Real & At Simmons
Air Reduc
Gen Refract
Skelly Oil
Air Way
el Ap
Thea
South Ao
Greyhound
Am Hide & Lea
Studebaker
Rad & Sts
Houston Oil
Howe Sound
Hud Bay M&s
Smelt & R
Hudson
Tenn Corp
Am Wat Wks
Inger Rand
Tex & Pac Ry
Vo Am Woolen
Inland St
Texas Corp Preceees
Am Zinc L & S
Interb Rap T
Tex Gulf
Tex Gulf Sul 28% 27% 28 195% 1858 19% 25% 241% 24% Tex Pac C&o
Interchem Corp
Interlake II Arm Ill
Armstrong Cork
Atlast Line
Atl Refn
Atlas Corp Aeseeeweee
Transamerica
Ereee
Aviation Corp Int Silver Int Pap&p of
Trans&West Air
Tri Cent Corp
Baldwin Lockoreee
Int
Tel & Tel Truax Traer
Balt & Ohio Ereeeree
Interst
Bendix
Borg Warner
Bridgeport Br
Ligg & My B
Eng & Fa
Briggs Mfg
Lima Locowsnecces
Brklyn Man T
Bklyn
U S Leather
Bulova Watch Lone Star Com . Pa
U S Real & Im
U S Rubber
Byers Coeeesaeteeeees
Lorillard P
U S Smelt R
Pelea
Louise & Nash
U S Steelsamttptas
Calif Pack
Ju S Steel Pleesenees
Callahan Z Ld
Mack Trucks
Marsh Field
Waukesha
Wess O &S
Climax Molyb
Minn-Hon Reg
Cluett Peabody
Minn Moline
West Union Tel
Coca Cola
Westingh Air
Wrigley Jr
Com & South
Nash Kelv
Congoleum
Nat Acmeee
Zenith Radio
Coty Inc Orerevees Waseeee
Curtiss Wright
Oliver Farm
Deere
Poor & Cob Firestone T & R
New York
Douglas
United Aircraft
Glenn Martin
Sperry
Montgomery Ward
Youngstown Sheet
du Pont
Allied Chemical
Loft
Great Northern Preferred
Case
American
Eastman
American Telephone
Santa Fe
U. S. Gypsum
J. C. Penney
Bar Silver Holds Steady at New York Market
Silver prices in New York on May 22 remained unchanged at 35 as trading closed with bars at the same level. The market showed little movement with no notable shifts in supply or demand observed.
MENTIONED IN THIS ARTICLE
New York
Livestock Market Report Shows Mixed Steady to Slow Trade
Open bids were slow and uneven with slower cattle activity yet some runs selling steady to firm. Salable cattle and calves reached highs near 11.65 with多数 loads at 10.75, hogs and sheep varied and limited buyers kept prices under Tuesday averages in a thin market.
Kansas City Market Report Fifty Years of Livestock Quotations
Kansas City markets show hogs 15-25 lower than Tuesday with 2,000 salable. cattle totals at 2,500 with calves 600. steady to weak trends across fed steers light yearlings and vealers. Sheep total 6,300 with clipped lambs steady to weak and Arizona spring lambs near steady. fat cows mostly 7.00 down and vealers 8.00 to 10.50.
MENTIONED IN THIS ARTICLE
Kansas City
Arizona
Livestock Market Report from Los Angeles on May 22
Hog supply 400. prices steady to 10 lower with top 180 to 225 pounds at 6.35 for California butchers. Cattle 600. fed steers 1 000 pounds at 9.50, grass fat heifers 7.75, California grass cows 6.60 to 6.80, canners 4.00 to 5.50. Calves 150. vealers 11.00 to 12.00, slaughter calves 10.50. Sheep 50. springers 9.50 to 9.75, feeder lambs 5.25, ewes 2.25.
MENTIONED IN THIS ARTICLE
Los Angeles
California
Wheat Prices Rise on Allied Signals in Chicago Trade
Wheat prices posted gains of over two cents at times as securities improved and Allied counter-attacks boosted market mood. May wheat climbed to about 85 4/8 cents before settling, with short-sellers balancing accounts. last session for May contracts. Close showed modest gains across futures with May at 85 4/8, July at 83 3/4, corn mixed around 64 cents, oats down about 4 4/10.
MENTIONED IN THIS ARTICLE
Chicago
Weary Allied Line Breach in France Drives War Talk
Analysis suggests a major German breakthrough toward the coast but with Allied counter moves possible. Weygand faces a colossal task to seal the breach and save half a million to a million Allied forces, while Britain braces for invasion and political aims seek a separate peace with France.
MENTIONED IN THIS ARTICLE
France
Weygand
Thomas R. Phillips
U.S. Army
Westminster Abbey
Valhalla
Hitler
England
Europe
Winston Churchill
Fuehrer
Herr Hitler
Louis Lochner
Associated Press
Berlin
Denmark
Produce Prices Reported From Los Angeles Market
From Los Angeles on May 22, exchange receipts show bitter 156200 pounds, cheese 78900 pounds, eggs no cases. Bulk butter 0.28, candled large eggs 0.20, medium eggs 0.17 and small eggs 0.15 per dozen.
MENTIONED IN THIS ARTICLE
Los Angeles
Calif
Thompson aircraft parts drive 1940 sales outlook
Thompson Products remains a leading aviation parts producer with 1939 sales more than double 1938 and a strong forecast for 1940. Allied orders for war materials exceed one billion dollars with $650 million in airplanes, and a fresh Allied buying program could surge airplane purchases by over $600 million.
MENTIONED IN THIS ARTICLE
Dahlberg Durand & Co
Thompson Products, Inc
Thompson
American Car & Foundry Faces Large Unfilled Orders
American Car & Foundry likely has more than $20,000 in unfilled orders on its books versus $2,475,000 at the start of its fiscal year May 1, 1939. The company appears to be the only substantial recipient of munition orders in the past week or two.
MENTIONED IN THIS ARTICLE
American Car & Foundry
Pepsi Directors Declare $5 Dividend Payable June 10
Directors of Pepsi-Cola Co. declared a dividend of five dollars per share to stockholders of record as of May 24 with payment set for June 10.
MENTIONED IN THIS ARTICLE
Pepsi-Cola Co
Montgomery Ward Plans Stock Offering At 40 Dollar Share
Montgomery Ward withdraws plans to offer additional stock to common stockholders at forty dollars a share citing the impact of international events on financial markets.
MENTIONED IN THIS ARTICLE
Montgomery Ward
Cotton futures rise on grains and securities gains
Cotton futures in New York climbed more than a dollar per bale as foreign selling Wall Street and professional buying supported the market. July old contract 9.16-18, new July 9.36 with other contracts listed. middling spot at 9.96 cents.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Metals rounds steady prices in New York bid copper and zinc hold
Metals markets in New York show copper steady at 11.25 to 11.35 FAS NY export, tin firm at 54.00 spot and 51.50 forward, lead steady around 5.00 to 5.05 in New York, 4.85 in East St. Louis, zinc at 5.75 East St. Louis forward, quicksilver 190.00 to 192.00 nominal, with iron aluminum antimony and wolframite unchanged.
MENTIONED IN THIS ARTICLE
New York
T&t
AT & SF
At&sf
B&o
B&o SW
Bell T Pa
Bos & Me
Cmsp & Pac
Ch&nw
Cri&p
Col F & I
Int Hydro
Liggett & M
Loew’s
Natl Steel
Nyc
Ning Sh
Pace
Pac G & E
Phila Co
T&c
Utah P&l
Warner Bros
West UN
Brazil
Canada
Italy
Curb Aero
Cit P&lb
Cyan
Gas & L
Lt & T
Maracaibo
Ark Nat Gas
Atlas
Austin
Auto V Mach
Aviation & Tran
Babcock & Wil
Baldwn Lewar
Berk&Gay Furn
Blue Ridge a+ seneeenee Carib Syn
Carrier Corp Teeeee
Cen & Sw Ut
Seeeeeseeee Cities Service
Colden Petro Whaeee
Crocker
Croft Brewing
Crown Drug
Eagle Pich Lead
el Bond & Sh
el B&sh
Wreeiee
Equity Corp Oeeeenwe Falstaff Brew
Ford M Can A
Ford Met Ltd
Gen Alloys Oneee
Glen Alden Coal
Gt Atlh& Paw
Gulf Oi
Hecla Minsteweeseene
Humble Oil
Imp Oil Ltd
Ins Co N Am
Internat Pet
Lake Shore M
Lone Star Gas
Louis L&e
Mesabi Iron Coe
Nat Bellas H
Mount Cry
Nat Tun & Min
Nehi Corp
Ning Hud Powe
Niles Bem Pseenee
Pantepec Oil
Pennroad Ee
Pioneer
Pitts
Republic Avia
St Regis Pap
Indus Re Shattuck Denn
Sherwin Wms
Penn Oil Coven
St Oil Ky
St Pow & Lt
United Gas
United States
Waco Airc One
Walker Min
Wright Harg
Ark P&l
Elec
Baldw L
Cit SP
Tex P&l
UN Lé&P
Conn
Valley
Fas NY
East St. Louis
Tooth Postpones Her Wedding Fiance Dies in Mine
In Gardiner Montana on May 22 Mrs Anamae Scott postponed her wedding after a tooth ulcer forced a one week delay. Hours later her fiancé John Jones, 24, died in a Silver City Nevada mine before he could depart for Gardiner.
MENTIONED IN THIS ARTICLE
Gardiner
Mont
Anamae Scott
John Jones
Silver City
Nev
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South Park Avenue
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Fourth Ave
Congress
Hubbard
Grand Ave
St. Mary's Rd
IBACH
Toole Ave
GEO. Shields
Plasterer — Pines
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J. J. B. O'Dowd
Salt Lake City
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Coast Guard
Navy
U. S. Coast Guard
East Broadway
Utah
Reilly Undertaking CO
Parker Mortuary
Stome Avenue
Arizona Mortuary, Inc
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