Wheat closes lower as selling increases
Wheat prices slipped near a half cent at times with selling tied to heavier Dakotas Minnesota and Montana outputs. Corn demand rose on anticipated government purchases for relief, lifting corn slightly while oats eased and provisions held firm. Fort Worth and Kansas City cash grain reported mixed moves and varied bids on futures for wheat, corn, and sorghums.
MENTIONED IN THIS ARTICLE
John P. Boughan
Associated Press
Chicago
Dakotas
Minnesota
Montana
Fort Worth
Texas
Kansas
City Cash
Kansas City
Harley
New York Money Markets Steady on Call Loans and Paper
In New York on June 7 call money held at 1 percent daily while time loans stayed level at 60 days plus with a 1/2 percent range. Prime commercial paper at 4 percent and bankers' acceptances unchanged. Rediscount rate at the New York Reserve Bank listed at 1 1/4 percent.
MENTIONED IN THIS ARTICLE
New York
New York Reserve Bank
Amarillo grain prices and market receipts listed
The Amarillo market reports carload receipts including wheat kaffir and mile with small totals. Prices for grains and farm produce are listed per 100 pounds or per bushel, noting shipping prices and the cost of fresh eggs and poultry products.
MENTIONED IN THIS ARTICLE
Texas
Harley
Anktta
Lae
Sudan
F.n.b
Amarillo
Focal Grain and Produce Houses
Midwestern and Chicago Livestock Markets Report Weak to Steady Trade
Cattle receipts across eleven Midwestern markets near 27 000 with year ago and holiday week comparisons. Fed steers and yearlings unevenly weak to 25 cents lower. hogs supported by better grades at several centers. Chicago and Fort Worth reports show mixed price movements across steers, heifers, cows, and lambs with hogs and sheep also trading unevenly.
MENTIONED IN THIS ARTICLE
Kansas City
U. S&s. Dept. of Agriculture
Chicago
Omaha
Chicago Livestock
Fort Worth
U. D
Los Angeles
U. S. Dept
Kansas
California
Texas
Wichita Livestock
Wichita
Oklahoma City
Tama
Springer
Denver
Colo
Omaha Wichita and Denver Livestock Markets Mixed Activity
Market reports from Omaha Wichita and Denver show cattle steady to weak with various price ranges. Hogs and lambs move unevenly while regional notes reflect modest gains and declines across multiple states.
Foreign exchange rates listed for world currencies
New York June 7 foreign exchange rates show irregular quotes with Britain at 5.07 in dollars, 6.60 for francs and marks varying by currency, plus numerous country demands and cables including Belgium 23.88, Denmark 22.65, Sweden 26.15, Japan 3.18 percent, and other notes such as Mexico City peso 27.90 and Montreal trade at 190.48.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Finland
Switzerland
Spain
Portagal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Hungary
Rumania
Argentine
Brazil
Tokyo
Shanghai
Hongkong
Mexico City
Montrer
Montreal
Metals Show Bright Spot Amid Weaker Market Drift
Metals led a narrow rally while overall stocks slipped in a dull session. U.S. and domestic miners rallied with Dome Mines and Homestake Mining lifting sentiment, while steel and energy shares lagged as labor and regulation concerns weighed on bulls.
Markets In Brief New York Stocks Mixed In Trading
Markets In Brief reports irregular New York stocks and mixed metals with Ronda spotty and U S government bonds improving. Foreign exchanges uneven, gold and currencies ease, cotton and coffee steady, sugar quiet, wheat down on drought, corn up, cattle weak, hogs active gaining 19 cents to a top of 3 85.
MENTIONED IN THIS ARTICLE
New York
Ronda
U. S
Wall Street
Chicago
New York Cotton Rises Late After Quiet Morning
Cotton prices advance in late trading with October near 12.27 as London gold gains and favorable weather news buoy demand. July and December fluctuate, while labor worries in steel curb buying. Port stocks and season exports noted amid overall market strength.
Divorcement Pipeline Bill Faces House Debate
In Washington on June 7 Na Republican Rep Joseph Bailey Jr argues that breaking pipeline ownership by major oil companies would curb monopolistic practices. Fort Worth Tex W A Williams cites 25 percent pipeline profits while disputing fears of oil loss if stripper wells pause. Rep Sterling Strong says the bill enjoys Roosevelt support and parallels railroad coal separation.
MENTIONED IN THIS ARTICLE
Washington
U.P
Joseph Q. Bailey, Jr
Dem
Texas
House Interstate Commerce Committee
Bailey
W. A. Williams
Fort Worth
Tex
Williams
Sterling P. Strong
Roosevelt
Strong
Stocks in the Spotlight June 7 New York market roundup
The daily list shows Schenley Distilleries 14 000 shares up 1 percent and McIntyre Porcupine 9 900 up 1 percent among the most active issues. General Motors 10 700 shares down 1 percent and U S Steel 7 100 down 4 percent mark declines. Other notable moves include Noranda Mining up 1 percent and Dome Mines up 1 percent with several gains and losses across multiple corporations.
MENTIONED IN THIS ARTICLE
New York
Schenley Distill
Gen. Motors
McIntyre Porc
Can, Pacific
Gen. Electric
Noranda Mining
Chrysler
Calif
VU. S. Smelting
Alaska Janeau
Howe Sound
Int. Nickel
Dome
U. S. Steel
Nat. Distill
Cotton futures close steady with varied gains
New York on June 7 reported cotton futures finishing steady with most nearby months up 7 to 9 points. Market text shows mixed bid data for July through December and a quiet spot market at middling 12.20.
MENTIONED IN THIS ARTICLE
New York
New Orleans Cotton Market Ends Firm After Active Afternoon
The New Orleans cotton market steadied and advanced in the afternoon with July at 12.08 October 12.24 and December 12.57 as prices rose 14 to 15 points from morning lows. The day closed near session highs with gains of 9 to 11 points, supported by wheat gains and gold rumors amid steady Liverpool and Sterling. Port receipts and exports for the week and season are listed, along with stock figures and regional spot sales.
MENTIONED IN THIS ARTICLE
Monty Ward
Ow & Let
NH & H .Eee
North Ameri
Ohio
Pac Gas & Elec
Pack Motors
Pan Amer
Penner
Vit Corp
Gi Phillips Peteee
Pullman
Radio Corp
Ian Ov
Ian Ov Reming Rand Seer OM
Depub Steel
Royal Dutch Eee
Safeway
Seaboard
Sears Rock Sane
Seneca Cop
Shell Union
Simms Pet
Sac Vacuum Wee al
Lily
Stan Brands
UN Pacific
Wee
Gas & Imp
Steel
Util Pow
Galveston
New York
Mobile
Savannah
Amer
Norfolk
Baltimore
Boston
Elec Bond & Shee
Ford Motor Ltd
Aly Houston
Humble Oil
Corpus Christi
St Regis
Oil Ind
Air Reduet
Kentucky Ees
Alleghany Corp & Texan Oil Seaeee
Midg
Reds Stock
al Chem & Dye
Amerada Corp
Memphis
Augusta
St. Louis
Fort Worth
Seeess
Amer Metal
Atlanta
Ee Amer Rad & St
San
Dallas
Amer Roll Mill
Liberty
Montgomery
Amer Steel
Amer Sugar Ret Aian Adm
Amer Tel & Tel
Amer Tobacco
Ear
Amer Wat
Sis
Ta &F
Atlant Retin
Standard Statistics Co
Balt & Ohio
Rarnsdall Oil
Total Indus
Rails Unils
Bendix Aviat Wee
Bethie Steel
Brieg
Mfc
Burr
Bid & P
Chrysler
Nor Zey
Indus. Rails
South
Cong Nairn
BES
Serewey
Iligh
Curtis Wright
du Pont
Fastm Kodak
Eaton
Gen Mills Nets Wee
Gen Motors Caveses
Gillette
Woodrich T & R
Fwoodyear T & R
Graham Paige
Nor Ry Pf
West Sugar
Houston Oil My
Howe Sound
Kupp Motor
Inter Hydro Flee Ea
Inter Tel & Tel
New Orleans
Liverpool
Sterling
Houston
Cotton futures close steadier with mixed gains
New Orleans June 7 cotton futures finish steady with small gains and losses across contracts. July opens at 265.400 with limited intraday movement. October, December, and March show modest declines or advances amid a tight price range.
Dry Goods Trade Report From New York June 7
Inquiries for print cloth on basis of 6 4 cent for July August deliveries were smaller today. Heavy sheeting demand quiet. Slow buying in finished goods lines. Rayon yarns solid for summer delivery. Rayon fabrics for fall sampled more freely. Spot lots of summer goods cleaner. Wool dress goods and coatings in fair call. Jobbers report better demand for season and flannels and tropicals for men’s wear. Burlaps quiet.
MENTIONED IN THIS ARTICLE
New York
Cotton markets hold steady as daily quotes rise
New Orleans spot cotton closes steady up 10 points with 1 512 units sold while Galveston reports steady climbs and varied quotings across grades. Cottonseed oil trades steady with minor advances and small volume on the New York market.
Coffee futures drift in quiet New York market
In New York June 7 coffee prices fluctuated but stayed subdued. Santos and No 7 futures moved within narrow ranges as volumes posted, with Santos closing up and other contracts showing modest shifts. Spot quotes listed for Santos and Rios indicate a calm trading scene.
MENTIONED IN THIS ARTICLE
New York
Santos
Santos Jay
Rios
Cottonseed Quotations For Texas Mills Published
Cottonseed quotations for Texas mills list Prime loose hulls per ton at 10.00 to 11.90 dollars. Prime cold pressed seed per ton at 20.00 to 21.00. Prime cracked screened meat and extract 4 percent protein per ton at 25.00 to 26.00. Fort Worth report dated June 7 by Western Feeders Supply Company.
MENTIONED IN THIS ARTICLE
Fort Worth
U.R
Western Feeders Supply Company
Texas Mills
Sugar market steadies with firmer spot in New York
New York sugar firmed on June 7 with spot prices up 2 points to 2.0 as refineries showed renewed interest. Futures closed 1 to 2 points higher. Sales totaled 17 50 tons with 6.50 in exchanges. Refined prices held at 4.10 for fine granulated but set to rise 55 points tomorrow to 4.65 including processing tax.
MENTIONED IN THIS ARTICLE
New York
Metals Market Roundup in New York
Copner quiet as electrolytic market shows little movement. Blue Eagle tin steadies with spot around 52.62 and future near 52.60. Iron steady, lead quiet at 4.00 in New York and 3.85 at East St. Louis. Zinc steady with East St. Louis spot and future at 4.25. Antimony spot at 8.00.
MENTIONED IN THIS ARTICLE
Metals
New York
Blue Eagle
Spo
Future
East St. Louis
Fort Worth Market Prices for Poultry and Dairy
Fort Worth June 7 prices show spring chickens at 20 cents, hens 9 cents, turkey toms 6 cents, turkey hens 11 cents. Eggs No 1 candled 3.35, packing butter 9 cents, creamery butter 27 cents, butterfat 18 cents.
MENTIONED IN THIS ARTICLE
Fort Worth
Bar Silver Steady as Market Indicates Slight Rise
In New York on June 7 bar silver held steady with a 4 higher at 4514, showing a cautious market tone. The report notes a minor uptick amid limited trading, with prices hovering near previous levels and little dramatic movement expected.
MENTIONED IN THIS ARTICLE
New York
Judge to hear rate case without jury in Texas
In Austin on June 7, Lone Star Gas Company will face state attorneys in 3rd district court to decide whether a rate dispute should be tried before a judge. The state seeks a 32 cent per 1,000 cubic feet gate rate for natural gas and had scheduled a jury trial for next Monday. Veniremen are being summoned as proceedings consider a judge trial to speed settlement.
MENTIONED IN THIS ARTICLE
Austin
U.P
Lone Star Gas Company
Chicago market report shows steady prices across eggs butter poultry
June 7 Chicago market summary reports steady egg and butter prices with large receipts and varied grades. Poultry and potatoes show firm or steady trends with multiple regional potato varieties listed and on track and shipment figures provided.
Boston wool market steady as Texas lots move slowly
U S Dept of Agriculture reports quoted prices for territory wools unchanged due to light business. Short staple Texas wools show limited movement with steady prices. Greasy fall Texas wool sells at 70 cents per pound and scoured eight month Texas wool brings 80 cents per pound.
MENTIONED IN THIS ARTICLE
Boston
U. S. Dept
Territory
Texas
Woodcock Banded in Alabama Captured in Nova Scotia
A woodcock banded at Fairhope Alabama in December 1932 was caught near Sydney Nova Scotia in October 1933, confirming long distance movement of the bird during early migration studies.
MENTIONED IN THIS ARTICLE
Fairhope
Ala
Sydney
Nova Scotia
East Texas oil field sees 104 new wells in week ending June 3
Kilgore June 7 104 new producers in East Texas oil field last week raise total to 13 323 wells. Daily allowable production climbs to 498 169 barrels from 482 100. potential up to 9 894 085 barrels. 173 wells removed from marginal status. total marginal wells 693.
MENTIONED IN THIS ARTICLE
Kilgore
East Texas
Engineering Department
East Texas Division
Railroad Commission
Oxnard No Amaroid Well Reopens Drilling Near Amarillo
Operations restart on the Woolsey and Mevore No 1 well six miles southeast of Amarillo in Randall County. Thornton Oxnard and Harold English lead the project with former operators Devore and Woolsey drilling and overseeing equipment upgrades including a steam power plant, steel crown block, new drilling line, and a 5500 foot 65/8 casing string. The hole stands at 565 feet with a target depth of 6000 to 6500 feet amid magnetometer reports and debate over a possible helium dome reversal. The new operators have financing in an Amarillo bank and hope for a timely result.
MENTIONED IN THIS ARTICLE
Woolsey & Mevore No
Oxnard
Amarillo
Randall County
Thornton
Deveres and Woolsty
Tyler May Move Oil Code Enforcement HQ
Oil code enforcement heads eyed a move of Tyler production headquarters to Dallas with a decision possible late today. Rhodes McPhail planned to discuss with Louis Glavis by long distance. A Dallas marketing HQ and Tyler production HQ currently exist amid a conference with 35 oil company reps on code violations and market conditions.
MENTIONED IN THIS ARTICLE
Dallas
Tyler
Rhodes McPhail
Louis Glavis
Interior Department
McPhail
Glavis
Washington
East Texas
LaVergne F
Ickes Sees Slim Odds for OL Control Bill Passage
Secretary Ickes told reporters on June 7 that chances for passage of the OL control bill do not look encouraging though he said it would pass if Chairman Rayburn supports it. He did not rule out eventual enactment.
MENTIONED IN THIS ARTICLE
Washington
Ickes
Rayburn
Dem
Oil union debate over moving headquarters to Washington
Fort Worth hosts the International Association of Oil Field workers as delegates vote on relocating the headquarters to Washington D C and elect officers. The convention also passes resolutions on worker safety pay during injuries push to free Tom Mooney and protest magnolia petroleum coercion.
MENTIONED IN THIS ARTICLE
Fort Worth
W.P
International Oil Union
Washington, D. C
Harvey C. Premming
Long Beach
Calif
International Association of Oil Field
Magnolia Petroleum Company
Jin
Beaumont
John K. Casey
Casey
Magnolia
U.P
Sheepshearers Union
International Association of Oil Field, Gas Well
Tom Mooney
California
Mooney
San Francisco
Chambers of Commerce
Chambers of Chiselers
Oil Bill Fight Looms as Ickes Clashes With Rayburn
Ickes accused Rayburn of circulating rumors about the oil bill which would strengthen federal control. Disney, author of the measure, warned he would wash his hands of it if not favorably reported. Rayburn denied any lukewarm attitude and said Ickes was misinformed.
MENTIONED IN THIS ARTICLE
Ocrat
Texas
House Interstate Commerce Committee
Rayburn
Ickes
Disney
Democrat
Oil Administration
Expedition probes Basketmaker lore in Big Bend exploration
A San Antonio expedition to explore basketmaker relics in the Mariscal Mountains is led by George C. Martin of the Southwest Archaeological Society. The group, with George C. Nalle and George Nalle Jr., aims to link Basketmaker evidence to classic era peoples in New Mexico and Arizona for the Witte Museum. Night track events were set for Kansas high school at the 1934 state meet.
MENTIONED IN THIS ARTICLE
San Antonio
Big Bend
George C. Martin
Southwest Archaeological Society
Mariscal Mountains
Witte Museum
George C. Nalle
Ferguson
George Nalle
New Mexico
Arizona
Kansas
Also Mentioned on This Page
Daly
RTI
Perey
Tees Italien
Panama
Steree Peewee
Strove
Beth Stee
Sehewees
Cash Anesans Ae
Erie
Rf & Imp
Goodyear
Aeens
Great Northern Tae
Hudman
Kan City
Southern Rf
Loews Inc
CR & Imp
Nor Pe
Wetew
Pan Am Pet
Phil Pet
Sinclair
Amarillo Markets
Leghorn Springs
Mid-Western Livestock Review
Kansas City Livestock
Omaha Livestock
Pinknes Parking Company
Frederick Gardner
Axa
Stock Exchange
U.S
Mcintyre Porcupine
Cerro de Paseo
Homestake Mining
Senate
Bethlehem Steel
American Can
General Motors
Electric Autolite
Consolidated Gas
American Telephone
Santa Fe
New York Central
General Electric
Federal Reserve
Treasury
Bunker Hill and Sullivan
Lake Shore Mines
Wright Hargreaves
Ford Motor of Canada
Singer Mfg
Midvale
Niagara Hudson Power
Pioneer Gold
Pittsburgh Plate Glass
London
Lamdon Wold
Rixporte
NEW York Stock List
White Rock
Plymouth Rock
Idaho Russeets
Alabama
Louisiana
Texas Trmphs
Mississippi
White Rose
Texas Cobblers
Western
Canada
Lake
Sheridan
North Platte
Iowa
Min
Max
Free
Abilene
Boise
Idaho
Brownsville
Ill
Cincinnati
Vel Rio
Des Moines
Detroit
Mich
Dodge City
Eamonton
el Paso
Lureka
Cal
Seaae
Havre
Helena
Siuron
S. Dakota
Jacksonville
Fila
Kamloops
Oinneapolis
Minn
Tinnedosa
Modena
Utah
Nashville
Tenn
N. Y
Neh
Okla
Thoenix
Portland
Oregon
Pueblo
Rapid City
D. Tee
Roswell
NW. M
Dt. Louis
Salt Lake City
Wee Ba AG
Aes
Wyo
Sewn Ennes
Shreveport
Springfield
D. C
Williston
N. D
Wilmington
N. C
Nevada
Winnemucca
OIL Union
FT. Worth
Uhlmann Grain CO
Fisk Bldg
Dial
L.D
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