Wheat Prices Surge After Lower Estimates Spark Rally
USDA estimates for 1934 spring wheat yield fall short in key states triggering a broad market rally. Reports of 50 million bushels anticipated in the Dakotas and Minnesota and late rains boost futures and corn gains, while oats hit limit and cotton and textile markets show mixed activity in New York. Santa Fe approves 2.59 dollar preferred dividend amid historical payouts and record dates.
MENTIONED IN THIS ARTICLE
John Boughan
Associated Press
Chicago
United States
Dakotas
Minnesota
Grain quotes and cash markets for wheat and corn
Chicago and Fort Worth cash grain markets report mixed quotes. Wheat prices blend No. 1 hard and hard varieties while corn shows No. 2 white and yellow ranges. oats and barley also listed with various grades and delivery points.
MENTIONED IN THIS ARTICLE
Chicago
Fort Worth
Texas
Gulf Ports
Amarillo Grain Market Prices and Livestock Rates
Local grain houses post prices for wheat No 1 hard oats barley and millet plus turkey capon and live poultry values. The Amarillo market lists grain receipts and carload lot pricing at Texas common points with fresh eggs and poultry rates included for 1934.
MENTIONED IN THIS ARTICLE
Texas
Leghorn Springs
Fragmented OCR Stock and City Codes Across Nations
A compressed string of foreign language labels and railway and corporate abbreviations appears with scattered numbers. The text mentions Argentina Austria Germany Italy Japan and American chemistry notes alongside domestic codes like Pac Gen and Nat Dairy with unclear context.
MENTIONED IN THIS ARTICLE
Ig Chem Am
Ovsnices
AFT & T
Ches. Corp
C &O
Eras Nat Dairy
Cscreesseesess
Ssr
PHI Pet
Steady Prices Across Midwestern Livestock Markets
Cattle receipts across 11 markets run about 39 000 head versus 31 452 a year ago. Heavy cows and feeder classes hold steady to firm, hogs largely steady to 10 cents higher on heavier weights, and lambs unevenly weaker at several centers. Kansas City Chicago and Fort Worth reports show varied gains and price ranges for steers, heifers, and stockers.
MENTIONED IN THIS ARTICLE
Midwestern Livestock Review
Kansas City
U. S. Dept. Agr
Chicago
Livestock market report from Los Angeles June prices
Hogs about 200 head steady with good quality hogs at 158-162 lb from Kansas briners around 4.15 per cwt. calves 450 slow near steady with 124 lb animals noted. Montana steers around 6.10 with 121-125 lb steers at 6.00 and bulk common to medium steers 4.25-5.28. cows 4.75 and 2.50-3.50 for lower grades. calves veal 145-200 lb quotable to 7.25, good calves 6.50-6.75. sheep steady to strong with lambs quotable 8.75-10.00.
MENTIONED IN THIS ARTICLE
Los Angeles
Cal
U.S. Dept
Famba
Omaha Livestock Market Report Highlights Hogs Cattle and Sheep
Omaha Neb June 6 Hogs 14 000 market higher top 3 95 bulk 3 100 3 80 Cattle 3 000 market steady strong teers 7 75 4 50 4 5 7 45 year top 4 40 Sheep 5 000 fat lambs opened slow fully 2c lower yearlings dull tending lower sheep week few early sales tend toward natives 9 00 down range lambs and fed Californias above 6 00 short breeding ewes 1 85
MENTIONED IN THIS ARTICLE
Fort Worth
Omaha
Neb
Denver Livestock Market Roundup June Report
Denver cattle market shows steady to higher trends with about 900 head. Calves up to 1.00 higher. beef steers 4.2 to 5.64. cows and heifers 200 to 5.64. calves 400 to 7.005. feeders and stockers 2.10 to 1.00. bulls 2.00 to 3.28. Hogs steady to higher with top 3.4. sows 1.75 to 2.69 and 1.00 to 1.25. sheep 7.200 and steady to lower with few early sales.
MENTIONED IN THIS ARTICLE
Kansas City Livestock
Kansas City
Denver
ST. Louis
St, Louis
U. S. Dept
Rallies in Cotton Force Prices Up Almost $1.50 Bale
Market rounds across livestock and produce with hogs cattle and calves showing varied moves in St Louis and Amarillo. Cotton prices jump on New York and New Orleans reports amid favorable weather, yields, and stock changes.
General Move to Higher Values on Principal Issues
Stocks advance on inflation influenced buying across markets led by metal, sugar, tobacco, and farm equipment shares. Union of gains across indexing issues pushed volume to 741,160 shares as grains rebound and commodities rise, with notable moves in Allied Chemical, Santa Fe, Case, GE, Chrysler, U S Steel and others.
MENTIONED IN THIS ARTICLE
Frederick Gardner
Associated Press
New York
Stock Exchange
Sud
Allied Chemical
Santa Fe
Case
American Telephone
American Tobacco B
Bohn Aluminum & Brass
Chrysler
General Motors
General Electric
Ilinois Central
Delaware & Hudson
Nash Motors
Montgomery Ward
Sears Roebuck
U. S. Rubber
Goodyear
U. S. Steel Common
Additiin
Chicago
U. S
Wall Street
Washington News
Senate Silver Bloc
Markets In Brief from New York and Chicago
Markets in brief report mixed gains and losses with stocks firm and metals rallying while foreign exchange shows irregularity. Wheat rises on sensational damage in the northwest and government relief purchases support corn. cattle and hogs firm with tops noted. Sugar remains steady as Cuban support appears. coffee eases on selling.
MENTIONED IN THIS ARTICLE
New York
U. S
Chicago
Stocks in Spotlight: 15 Top Movers in New York Trade
June 5 report lists 15 most active stocks with closing prices and net changes. Chrysler up 1, Gen Motors up 1, S Steel up 4, Int'l Nickel up 1, Loew's up 1, Du Pont up 7, Dome Mines up 4, Sears Roeb up 1, Gen Elec up 4, Kennecott up 11, Sea Pacific up 1.
MENTIONED IN THIS ARTICLE
New York
Chrysler
Gen Motors
S Steel
Monte Ward
Int'l Nickel
Loew's
Nat. Dairy Prod
du Pont de Nem
N. Y. Central
Dome Mines
Sears Roed
Alaska Junean
S. Gen
Elec
Kennecott
Sea Pacific
Metal market report from New York copper tin lead zinc and antimony
Copper steady at 32.50 in New York spot and futures. Tin soft with spot and nearby at 51.50 and 5IAB futures. Lead quiet with New York spot 4.90 and East St. Louis 2.85. Zinc down with East St. Louis spot and future 4.25. Antimony spot 5.50. Tren steady and unchanged.
MENTIONED IN THIS ARTICLE
New York
Blue Eagle
Future
East St. Louis
Galveston Spot Cotton Prices and Details
Galveston spot cotton prices were steady with 30 up. Listed values include Siow ordinary 9.40 and middling 12.30, with different grades and a F. O. B. price of 250. Sales spots were none.
MENTIONED IN THIS ARTICLE
Galveston
Siow
Liverpool Cotton Market Summary June 5
Spot cotton in fair demand with prices up three points. American base values include 200 at 7.04 for strict good middling and 6.74 for good middling, with other grades quoted from 6.04 to 6.84. Futures closed steady: July 6.18, October 6.11, December 6.08, January 6.98, March 6.09, May 6.10.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Galvestos
Houston
New York
Dee
U.P
Jane
Aves
Associated Press
Galveston
Mobile
Savannah
Charleston
Ptar
Wilmington
Norfolk
Baltimore
Boston
Eataeee
Corpus Christi
Memphis
Augusta St. Louis
Fort Worth West
Little Rock
Dle Sane
Atlant
Dallas
Wees Montgomery
Orn
Cottonseed Prices in Fort Worth and New York Oil
Western Feeders Supply Co reports cottonseed quotes in Fort Worth Texas for June with ranges from 10.06 to 26.00 per ton across hulls pressed seed and meal. In New York bleachable cottonseed oil prices closed steady with July at 5.26 and September 5.50 to 5.75 for later contracts.
MENTIONED IN THIS ARTICLE
Fort Worth
Western Feeders Supply
F. O. RB
Texas Mills
New York
Sugar and Wool Market Roundup From New York and Boston
New York sugar closes at 2.72 with 24 500 tons traded including 15 090 in exchanges. Philippines near 2.73 and Puerto Rican June 25 at 2.78 while 40 000 Puerto Rican June shipment at 2.75 to an outport refiner. Refined price steady at 4.10. Boston territory wools quoted unchanged with limited sales and firmer medium grades. Strictly combing 56s fleece at 32 to 33 cents grease. 58s-60s half blood around 80 cents grease.
MENTIONED IN THIS ARTICLE
Oe Howe Sound
Hupp Motor
Inter
Inter Hydro Elec
Aly A
Inter Tel & Tel
Johns Many Ae
Kan City South
Kelvinator Ee ‘ Eeee
Kennec
Kresge (S
BOM
I Ligg & Myers B
Lorillard (P
Fered
Louis & Nash
RIM
Louis Gas & Elec A
Mack Trucks
Magma Cop
Seeee
McKees Tin
Miami
Midland Steel Tee
Monty Ward
Oh Murray Corp
Nash Motors
Nat Steel
P Pac Gas & Elec
Packard Motor
Hity Penn & Ford Hi
Penney
SAM Bam
Pullman
Eae
Radio Corp
Repub Steel Tee
Rey Toh Bee
Aaly
Royal Dutch Aee
Aay
Seaboard
UN Pacific
Aire Tee Ee
Uni Gas
U S
Us Indus Alch
Us Steel Colfeey
Vanadium Corp OM
Woolworth A
Amerada Corp
Wright Aero
Amer Can
Ty Wright Teane
Amer Car & Fdy
Amer
Amer Internat
Amer Loco
NEW York Carr
Amer Metal
Amer Rad & St
Amer Maracaibo
Amer Roll Mill Ae
Amer Superpower
Amer Smelt & Ref
Cies
Amer Steel
Elee Bond & Sh
Amer Sugar
Rex
Ford Motor Ltd
Amer Tel
Amer Tobacco
Midwest Util
Kentucky
T&s F
Atlant Refee
Auburn Auto Wee
Aviat Corp Nee
Baldw
Ball & Ohio Eens
Liberty
Barnadas! Or Wees
Ist
Hendix Aviateee
Treasury
Rethle Steenenee
Bohn Alumi Oe
Barden Ha
Wenere
Ames
Briggs Mfg
Tilly
Baye
Burr
Calif Pack
Blas
Calu & Hecla
Pecenarve
Cerro de P
Chesap Corpenence
India
P&p
Cri&p A
Chrysler Motor
Au Prey
Colo Fuel & Iron
Columbas & Elec
Comnwith & South
Cong Nairn
Standard Statistica Co
Curtih "Wright
Esate
du Pont
Eastm Kodak
Eaton Mfg
Wees
Elec Pow & Lyt
Fox Film A
Freeport ‘Tex Sul
Tener Gen Foods Electric
Gas & Elec A
Mills Etree
Seecesese
NEW York Sugar
New York
Rawengar
Boston
U. S ND. A
Ohio
Market Notes on BAR SILVER in New York
In New York June and 4s, bar silver shows steady trade with a rise of 4 points to 44 percent. Traders note cautious appetite as exchanges report modest gains and limited volatility in the silver market.
MENTIONED IN THIS ARTICLE
New York
Oil unions sign one year labor pact in 1934
Sinclair Oil and the International Association of Oil Field Workers announce a one year agreement effective June 1 1934 establishing no strikes or lockouts during the term. Disputes settle by arbitration with clauses for vacancies vacations overtime pay and other terms.
MENTIONED IN THIS ARTICLE
New York
U.P
Sinclair Oil Companies
International Association of Oil Field
Oil union optimism as Consolated Oil action noted
In Fort Worth on June 5 delegates from the International and Refinery Workers of America, about 400 members, meet at the sixth biannual convention. They hope other major oil firms will follow Consoli dated Oil Corporation in recognizing their union, creating an atmosphere of optimism.
MENTIONED IN THIS ARTICLE
Fort Worth
U.P
Consolidated Oil Corporation
International Association of Oil Field, Gas Well and Refinery Workers of America
New York Money Markets Stand Pat on Rates
Call money steady at 1 percent all day. Time loans for 60 days to 6 months unchanged at 4 to 1 percent. Prime commercial paper at 44. Bankers acceptances unchanged. Rediscount rate at the New York Reserve Bank remains 1 and one quarter percent.
MENTIONED IN THIS ARTICLE
NEW York Money
New York
New York Reserve Bank
Foreign exchange rates listed in New York markets
New York June 5 Foreign exchange irregularities show British pound at 6.04 dollars and 5.04 cables, with various international currencies quoted. Demands include Belgium 23.36, Germany 37.75, Sweden 26.00, Japan 30.06, Shanghai 82.75, Mexico City peso 28.00, and Montreal 100.311 in New York terms.
MENTIONED IN THIS ARTICLE
Foreign Exchange
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Finland
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Hungary
Rumania
Argentine
Brazil
Tokyo
Shanghai
Hongkong
Mexico City
Montreal
New York Coffee Prices Slip on Trade Activity
New York June 5 Coffee ends lower as traders sell in end of session. Santos contracts lead declines with July at 10.85 and Sept at 11.22 while No 7 futures retreat to 8.38 for July and 8.45 for September. Spot quiet with Rio 7s at 104-44.
MENTIONED IN THIS ARTICLE
New York
Trade End Commission House
Santos
Rio
East Texas oil output tops half million barrels on June 1
East Texas field production neared 500 000 barrels daily as of June 1 with 13 408 producing wells up from 13 061 May 2. State proration totals 1 055 724 barrels daily with East Texas share at 497 611 and daily allowables adjusted as new wells complete.
MENTIONED IN THIS ARTICLE
Austin
East Texas
Oil and Gas Division
The
Texas Railroad Commission
Gulf Coast
East Central
Southwest
West Texas
North Texas
West Central
Panhandle
Borger Delegates Attend Oil Field Workers Union Meet
Three Borger delegates attend the International Association of Oil Field Gas Well and Refinery Workers of America convention in Fort Worth. The group includes T. J. Bressler president of the Texas Federation of Labor and head of Local 236 E. T. Wall secretary of Local 236 and E. V. Dalton.
MENTIONED IN THIS ARTICLE
Borger
International Association of Oil Field, Gas Well and Refinery Workers of America
Fort Worth
T. J. Bressler
Texas Federation of Labor
E. T. Wall
E. V. Dalton
Union Triumph and Tension at Convention Rounds Out Day Two
The convention closed its second day with Consolidated’s action announced yesterday and echoed from Washington by William Green of the AFL. Delegates hailed gains in recognizing the union after 17 years while criticizing Harold Ickes for slow acknowledgment of communications. Dr. E. A. Elliott urged NRA harmony and economic relief through worker wages, praising Harry F. Sinclair for paving broader recognition.
MENTIONED IN THIS ARTICLE
Consolidated
Washington, D. C
William Green
American Federation of Labor
Harold Ickes
Ickes
Harvey C. Fremming
NRA
Harry F. Sinclair
Consolidated Group
E. A. Elliott
NRA Compliance Board
Houston
Dr. Elliott
Texas Christian University
Elliott
Dallas Youth Dies After Shooting During Police Evasion
A 20 year old, Eric McClellan, and a companion tried to flee police who wanted to question them. McClellan died from a gunshot wound inflicted by a detective during the attempted escape. The incident occurred Friday and was reported today from Dallas.
MENTIONED IN THIS ARTICLE
Dallas
U.P
Eric McClellan
McClellan
Drop in US crude oil output reported for week
Oil and Gas Journal data show a 35 126 barrel drop in the weekly average crude oil production across the United States for the week ended June 2. Largest declines occurred in the Oklahoma City and Seminole St Louis fields as the table of production was released.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
United States
Oil and Gas Journal
Oklahoma City
Seminole-St. Louis
Jersey Standard Earnings Run About 3.5 Million Monthly
New York June 5 U P Current earnings of the Standard Oil Company of New Jersey average about 3.5 million dollars a month matching the last half of 1933. W S Farish chairman told stockholders at their annual meeting the company operated at a loss in the first half of 1933 but net profit for the full year stood near 25 million dollars about 97 cents a share. Stockholders approved a 3 member reduction in the board after retirement of directors in Europe. Retiring directors J A McWinckle H G Seidel resigned April 7 1934 and Peter Hurll retired May 16 due to ill health. Other directors were reelected.
MENTIONED IN THIS ARTICLE
New York
U.P
Standard Oil Company of
New Jersey
W. S. Farish
Europe
J. A. McWinckle
H. G. Seidel
Peter Hurll
Rattler Found Among Home Canned Fruit in Montana
The Starr family in Gardner Montana reported a rattlesnake found in their basement among jars of home canned fruit. Mrs Starr discovered the eight button rattler while retrieving a jar, prompting concern and caution in the household.
MENTIONED IN THIS ARTICLE
Rattler
Gardner
Mont
U.P
H. L. Starr
Colorful cross stitch warms summer decor
Laura Wheeler notes colorful cross stitch is popular in warm weather. The narcissus design lends itself to table linens cushions and other room decor. options include single or multi color work on light or dark fabrics. Pattern details and materials offered by Amarillo Daily News Needlecraft Dept.
MENTIONED IN THIS ARTICLE
Amarillo Daily News
Eighth Ave
New York
N.Y
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