Wheat drops as rains offer drought relief across grain belt
Chicago and regional markets show a 24 cent drop in wheat futures after reports of heavy rains in the northwest and west, with forecasts calling for more showers. Corn and oats also declined while provisions moved variably, and cash grain quotes in Chicago Fort Worth and Kansas City reflect mixed demand and limited gains.
MENTIONED IN THIS ARTICLE
John P. Roughan
Associated Press
Chicago
Oata
Lake Sfit
Kansas City
Rarler
Amarillo market reports mixed grain and livestock prices
Amarillo markets show carload grain deliveries and receipts for wheat milo and kafir at various prices per bushel or ton. Local grain houses post prices for barley and poultry items while Boston wool prices hold firm as market activity remains light.
MENTIONED IN THIS ARTICLE
Miano Sane Saeek
Sudan
Amarillo
Livestock Values Weaken on Midwest Markets
Kansas City report notes scarce heavy steers and uneven light steer prices, with drought-affected northern runs pushing many light weights lower. Hogs, calves, and sheep show varied declines across Chicago and Kansas City markets as buyers adjust to demand and weight classes. Top cows and springers reach modest gains in limited listings amid steady to weaker trends nationwide.
MENTIONED IN THIS ARTICLE
Midwestern Livestock Review
Kansas City
U. S. Dept
Chicago
Texas
Kansas City Livestock
Fort Worth Livestock Market Report June 4
Fort Worth and other markets report hogs with top 3.40 and cattle steady to weak. Listings include Oklahoma City and Denver receipts, with steers mostly 4.50 to 6.25 and hogs around 3.00 to 3.50. sheep and lambs show strength in some lots.
MENTIONED IN THIS ARTICLE
Fort Worth
U. S. CA
Ehorn
Los Angeles
U. S. Dept
Colongdo Hutchers
California
New Mexico
Omaha
Armind
Oklahoma City
Wichita Livestock
Wichita
James Sile
Nenver
Denver
Colo
Stez
Wool receipts at Boston Grain and Flour Exchange week end June 2
Estimated domestic wool receipts at Boston totaled 7,555 pounds for the week ended June 2, compared with 2,045,700 pounds in the prior week, per the Boston Grain and Flour Exchange report.
MENTIONED IN THIS ARTICLE
Boston
Boston Grain and Flour Exchange
New York Money Rates Steady Across Short-term Markets
Call money remains at 1 percent throughout the day while time loans hold at 6 and 9 months and prime commercial paper around 5 to 6 percent. Bankers acceptances show little change with 30 day at 1 percent and longer terms near 3 to 4 percent as Rediscount area in New York reports 1.14 as the base.
MENTIONED IN THIS ARTICLE
New York
Prices Advance In Another Low Mark For Stock Sales
New York June 4 The Associated Press reports a modest rally as dull trading continued. Turnover reached 357540 shares, the smallest since June 2 1924, with gains in Allied Chemical American Can Chrysler GM Santa Fe Bethlehem Steel U S Steel and American Telephone while rains aided short covering and outside buying in several issues. Cotton fell and overall market sentiment remained cautious with limited new buying.
MENTIONED IN THIS ARTICLE
Frederick Gardner
Associated Press
New York
Stock Exchange
Raina
Allied Chemical
American Can
Chrysler
General Motors
Santa Fe
Bethlehem Steel
U. S. Steel
American Telephone
Nebraska
Markets In Brief A mixed trading day across futures and stocks
New York markets show firm equities with a stagnant trading tone while bonds gain and U S government issues mix. Curb stocks steady, industrials and utilities rise. foreign exchanges mixed. cotton and sugar muted. wheat weak on drought, corn modestly weaker, cattle soft with tops listed. In Chicago, wheat declines amid drought signals. notable stock movers include General Motors up 30 percent and U S Steel up 39 percent in the day’s active list.
MENTIONED IN THIS ARTICLE
New York
U. S
Chicago
Salon
Gen. Motors
S. Steel
Chrysler
Dome Mines
Monty Ward
N.Y. Cent
Gen el
Nick
Sears Rock
Alaska Jun
Tidewater Aw
Kelvin
Nat Rise
United Corp
Realizing Forces New York Cotton to Lower Levels
June 4 reports show nearby and distant cotton futures slipping as favorable Southwest weather and weak Liverpool cables trigger liquidation. October futures fell to 11.86 after a brief rally. July and December slid early but rebounded, closing near unchanged with ease in New Orleans trading and modest declines overall.
MENTIONED IN THIS ARTICLE
New York
Liverpool
U. S
Oil Field Workers Union Attacks NRA Code Demands Wage Hikes
At the International Oil Field Workers convention in Fort Worth Texas leaders demand that petroleum code administrations honor NRA intent by raising wages. President Fremming blasts Ickes and lauds organzation growth to about 75 000 members with 150 locals and 17 years of effort.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
U.P
Petroleum Code
NRA
International Association of Oil Field, Gas Well
Wallace C. Reilly
Texas Federation of Labor
Charles Poe
Texas
Oklahoma
G. Ed Warren
Oklahoma Federation of Labor
Fremming
International Oil Field
Refinery Workers of America
First Independent Oil Workers Union In America
American Federation of Labor
el Paso
California
Mid-Continent
J. L. Coulter
Midcontinent
Harvey C. Fremming
Harold L. Ickes
Ickes
Premming
Roosevelt
Chicago market reports show unsettled produce prices
Chicago and Fort Worth markets list unsettled eggs and butter with diverse receipts and price ranges. Eggs range from 12c to 15-14c for various grades. butter includes firsts at 22-28c and specials around 25c. Poultry demand steady with hens, roosters, geese, and fryers quoted. potatoes show heavy supply and moderate demand with regional price points. Fort Worth notes curing chickens at 20c and butter and eggs pricing similarly.
MENTIONED IN THIS ARTICLE
Chicago
U.P
R&s
Mississippi
Texas
Louisiana
Burbanks
Fort Worth
Sugar market steady as refined demand rises in New York
Raw sugar held steady in New York trading as late last week 58,500 bags of Philippines in nearby positions were sold to local refineries at 2.73 a bag, down two points from the prior sale. Futures closed 2-3 points higher. Sales totaled 9,200 tons with strong refined sugar demand and prices unchanged at 4.16 for fine granulated. Bar silver stood at 44 1/2 cents in New York trading.
MENTIONED IN THIS ARTICLE
New York
Cotton market steady in New Orleans as sales rise
Spot cotton in New Orleans closed steady eleven points lower with 693 bales sold. Prices were 11.07 for low middling, 11.72 middling, and 12.17 for good middling. Receipts reached 2,959 and stock stood at 647,030.
MENTIONED IN THIS ARTICLE
New Orleans
Galveston Spot Cotton Prices Report June 4
Spot cotton closed steady with mixed grades listed. Prices ranged from low ordinary 9.10 to middling 12.90 with strict and good middling variants. no sales spots reported. F O B 200.
MENTIONED IN THIS ARTICLE
Galveston
Cottonseed Quoted For Texas Mills And Oil Market Movement
Western Feeders Supply quotes cottonseed for Texas mills with prices for prime loose hulls at 10 to 11 dollars per ton, prime cold pressed seed at 20 to 21 dollars, and prime cracked meat and cake at 25 to 26 dollars per ton. Bleachable cottonseed oil in New York shows little price movement with July at 5.18 and other months near 5.40 to 5.65 as activity remains thin.
MENTIONED IN THIS ARTICLE
Fort Worth
U.P
Western Feeders Supply Company
Texas Mills
New York
Foreign exchange rates update from New York market
On June 4 in New York foreign exchange showed irregular activity with the pound at 5.05 in cash and 5.95 on cables, and various global currencies listed with bid and cable figures including France 6.59 and 6.59, Italy 4.64, Belgium 23.35, Germany 88.90, Shanghai 32.75, Tokyo 30.06, Hongkong 36.3714, Montreal 100.31%.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Finland
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Hungary
Rumania
Brazil
Tokyo
Shanghai
Hongkong
Mexico City
Montreal
Coffee futures ease as Santos slips in light market
New York coffee prices eased on hedge selling in a small market. Santos opened steady to 2 lower and closed 7 to 9 lower with 6,000 sales. Closing quotations show July 10.91 and May 11.58 among other contract levels. spot coffee remained steady with Santos 4s at 111/4 to 11 1/2%.
MENTIONED IN THIS ARTICLE
New York
Santos
Metals Roundup from New York Markets Report
Copper steadies around 8.50 with electrolytic spot and futures. Tin softens with spot and nearby at about 51.76 and futures near 51.65. Iron holds at No 2 F.O. level as market activity closes.
MENTIONED IN THIS ARTICLE
New York
Future
Blue Eagle
F. O
Weather Outlook With Pressure Patterns Across Regions
The region east of the Mississippi shows above normal pressure with the Atlantic coast highest. Below normal pressure dominates the Rocky Mountain and Plains states with centers over Modena Helga and North Platte. Showers reported in fast ern New Mexico West Texas Oklahoma and southwestern Kansas. Warmth remains in the middle and upper Mississippi valleys.
MENTIONED IN THIS ARTICLE
Mississippi
Atlantic Coast
Rocky Mountain
Plain States
Modena
Helga
North Platte
New Mexico
West Texas
Oklahoma
Kansas
Mississipi
Commodity Prices Reported in Regional Markets
Eastern Pennsylvania at 19.50 No 2 fuel oil. Buffalo at 18.50 No 2 fuel oil. Alabama 14.59. Lead steady spot New York 4.00. East St. Louis 3.85. Zinc easier East St. Louis spot and future 4.27. Antimony spot 8.50. Quicksilver 76.00 to 78.00.
MENTIONED IN THIS ARTICLE
Eastern Pennsylvania
F. O
Buffalo
Alabama
New York
East St. Louis
Future
Quicksilver
Textile market highlights in New York trade scene
Inquiries for small lots of goods rose slightly in primary textile markets while mail orders grew. Wool products attracted interest for fall, cottons stayed steady, rayon fabrics moved in small boxes for quick delivery, and silk goods remained quiet though fall linen saw better inquiries. Lapses were unchanged.
MENTIONED IN THIS ARTICLE
New York
Good Chance For Congress 10 Skip Oil Control Bill
Washington reports a conference between congressional leaders and President Roosevelt left oil control legislation uncertain. The president did not press it as a must for the session and Senator Robinson suggested it might be deferred, tempering optimism for the Thomas-Disney control bills. Disney, Oklahoma Democrat, said House leaders would report his bill Wednesday and aim for passage Thursday.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Robinson
Arkansas
Thomas-Disney
Disney
Oklahoma
House
House Interstate Commerce Committee
Parker Denies Knowledge of Being Fired
R D Parker chief enforcer for the Texas railroad commission of conservation laws in East Texas oil field said he had no knowledge of a plan to retire him. Reports claimed he would be relieved June 15. Parker said he would continue East Texas enforcement work until further orders and denied any political campaign plans.
MENTIONED IN THIS ARTICLE
Austin
R. D. Parker
Texas Railroad Commission of Conservation Laws
East Texas
Parker
Oil and Gas Division
Commission
Lon A. Smith
East
Texas
Thompson declines to discuss Parker removal reports
Washington report says Col FE O Thompson of the Texas Railroad Commission refused to discuss Texas rumors that R D Parker chief oil proration enforcement supervisor in the East Texas field would soon be relieved of the post. Thompson declined to amplify his remark.
MENTIONED IN THIS ARTICLE
Washington
Col. FE. O. Thompson
Texas Railroad Commission
Texas
R. D. Parker
East Texas
Thompson
Reiger Well Shot 200 Qt. Monday Near Hutchinson County
The Reiger et al No 1 Wave in Section 20 block M-21 TCAR survey Hutchinson County was shot Monday with 200 quarts in the pays from 2955 to 3054 feet. Pre-shot there was 1600 feet of oil in the hole bottomed at 3079 feet. The test lies in the long-lived dolomite area of the county and shows promise as a producer.
MENTIONED IN THIS ARTICLE
Reiger
Hutchinson County
Modern Etiquette Q&A by Roberta Lee
A Q and A on public courtesy and grammar notes that a man should not expect conversation after returning a dropped item. It confirms that three and four are seven, and corrects a line about Tennessee four being six. It also states celery should be eaten with the fingers.
MENTIONED IN THIS ARTICLE
Roberta Lee
State Croquet Tourney Held This Year in McMinnville
A state-wide croquet tournament took place this year at McMinnville Tennessee with participants from across the state competing in singles and doubles events and prizes awarded to top finishers.
MENTIONED IN THIS ARTICLE
McMinnville
Tenn
New Cherokee County Oil Discovery Draws Boom Town Crowd
The T. J. Wood No. 1 New Birmingham Development Company well near Cherokee County opened with a potential 10,000 barrels daily, flowing 400 to 500 barrels per hour from the Woodbine at 5,117 feet, drawing traders, investors, and crowds as hotels hit capacity and county records surged amid East Texas activity.
MENTIONED IN THIS ARTICLE
Rusk
Cherokee County
T. J. Wood
Birmingham Development Company
Wood
Woodbine
Shell Petroleum Corporation
Levi Jordan
Humble Company
Pure Oil Company
B. G. Byars
Independent
H. L. Hunt
East Texas
Lone Star Case Still in Tangle in Austin
District Judge C A Wheeler disposed of many special exceptions from Lone Star Gas against the state's suit seeking a 20 percent rate reduction. He delayed ruling on other issues, reducing the case to two questions: whether state agents can seek a money judgment for others and whether the railroad commission can appeal its own orders for the benefit of non complainants.
MENTIONED IN THIS ARTICLE
Austin
C. A. Wheeler
Lone Star Gas Company
Wheeler
Railroad Commission
Attorney General
Whiffy and Puff Bargain with Visitor Over One Pig
Whiffy and Puff hear a visitor say he will pay only one pig. The farmer, poor, agrees to the deal. Puff assures Whiffy he will go, claiming I am a man, and urges courage.
MENTIONED IN THIS ARTICLE
Whiffy
Puff
Flapper Fanny Says: Wood Supplied to Needy in Ishpeming
Approximately 1,000 of Ishpeming Michigan's needy residents have been supplied with street wood for the winter. The effort reflects local aid programs supporting low income households facing cold months.
MENTIONED IN THIS ARTICLE
Ishpenging, Mich
Also Mentioned on This Page
Drouth
Fort Worth Cash
Amarillo Markets
Lezhorn Springs
NEW York Bonds
At&t
Ag & Wi
BT B& O
Beth Strf
Ches Corp
Tenner
Erie
Goodyear
Humble Oil
Loews Inc
É& Imp
Chicago Livestock
D. AL
Lfe
Amarillo Drive
Pinkney Packing Company
Wall Street
American Tron & Steel Institute
Sherwin Williams
Ford Motor of Canada
Schiff and Co
Lake Shore
American Gas
Imperial Oil of Canada
Penn Road
Swift and Co
General Tire and Rubber
International Petroleum
Niagara Hudson Power
J. B. Stetson
United Shoe Machinery
Aluminum Company
Parker Ruet Proof
Montgomery Ward “A
Singer Mfg
NEW York Stock List
Monte Ward
Murray Corp Appar St
N Nash Motor
Nat Biscuit eoeWbee
BAM
Nat Cash
Nat Distil
Paw & Bee A
Nat Steel
Ashant
My Ohie Oi
Otis Eleva Sacevene
Bly Pac Gas & Elec
Packard Motor
RM Pan P & R Iy Sy
Penney (J
Penner
Ne Petro] Corp
Phillips Pet
Pullman
Radio Corp
Repab Steel
Rey Tobacco
Royal Dutch An
Seaboard Oil Eaves
Sears Roebates
Shell Union
Skelly Oil Eee
Socony
I. Studebaker Corp
Texas & Pac Ry
Tex Corp
Tex Gulf
Tex Pac C&o
Tex Pac Land
Vu UN Carbide Tee
Calif
UN Pacific
Lin Gas & Imp
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Warn
Aus Westing Air
West Fl
Gulf Oil
BS Brig
Humble Oitees
AL Niag
St Regis
Ake Rly Rt
Stand Oil Ind
Kentucky
Es Galveston
Mobile
Charleston
Air Reduet
Wilmington
Alleghany Corp
Alas
Norfolk
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Amer Can Gol
Raa
Seeesee
Eee Penes Sede Amer Car & Fdy
Amer
Amer Tel & Tel
Amer Tobacco Art
Memphis
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Amer Wat
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Seay
Little Rock
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Ohio
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Cerro de P
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Cmsp&pfp Pf
Vanes
Columbas &Elec
Curtis Wright
Bu Pontasveses
Kodak
Elec
Pow & Let
Fox Film Abaenes
Freeport Tex Si
Ofttenes Gen Electric
Gen Foods
Gen Gas & Elec A
Gen Mills
Gillette Razor
Goodrich T & R
Goodyear T & R
Graham Paige
Ie Kelvinator Peteeeee
Kennee Cop
Kresge S&s Sween
Libb O F Glase
Ligg & Myers B
Orillard
Onais & Nash
Louis Gas & el
Shorts
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Vanes O
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Ala
Nashville
N. Y
Neb
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Ariz
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Ore
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Tenet
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BK Roswell
N. Mo
Salt Lake City
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N. M
Sheridan
Wyo
Shreveport
Springfield
D. C
Williston
N. C
Cherokee CO
Lone Star
UEES
Flapper
Fanny
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