Corn Leads Grain Market Rally Amid Futures Gains
Chicago markets report corn advancing about four cents the day, driven by broad buying and fear of losses from early chinch bug damage in Minnesota. Wheat and oats rise modestly as corn dominates trade. analysts note anticipated weekly rains and corn’s relative cheapness fueling strength across futures and cash prices in Chicago Fort Worth and Kansas City markets.
MENTIONED IN THIS ARTICLE
Chicago
Wallace
United States
Amarillo Markets Basis and Local Grain Prices 1934
Amarillo markets report carload shipments to Texas common points with receipts of wheat and other grains. Local grain houses list No 1 hard wheat oats barley prices per bushel and poultry prices including colored hens turkeys capons and leghorns with fresh eggs offered.
MENTIONED IN THIS ARTICLE
Texas
Lemhorn
Dry Goods Trade Signals Modest Rise in New York
On June 12 the market for gray cotton goods showed modest gains with steady call for sheetings in bag and converting trades. Fall silks appeared but did not sell strongly for immediate delivery while the Woe goods market stayed quiet amid plans to cut output. New rayon fabrics for fall were being sampled.
MENTIONED IN THIS ARTICLE
New York
Market strong on fed steers with prices 256 higher
Midwestern markets see gains as cattle, hogs, and lambs rise. Chicago and Kansas City report higher prices for choice steers and yearlings, with top figures reaching near 8 to 10 dollars for select lots. Hog and lamb values also advance, while receipts lag last week in some regions.
MENTIONED IN THIS ARTICLE
FED
Mid-Western Livestock Review
Kansas City
U. S. Dept. of Agriculture
mid-Western
Chicago
Choice
St. Louis
Chicarco
Omaha
Los Angeles Livestock Market Report June 12
Hogs steady to about 25 cents higher on government purchases. Cattle show 250 higher grade fed steers and mixed stock, with grass steers mostly $4.75 to $5.00 and some $5.25. Good fed heifers above $4.50, common cows around $2.75 to $3.14, cutter grades $1.26 to $2.50. Calves about $8.50 to $7.75. Sheep steady with holdovers 142, lambs quotable at $8.15 to $8.75.
MENTIONED IN THIS ARTICLE
Kansas City Livestock
Kansas City
U. 5
Los Angeles
Angeles
Calif
U. S. Dept. of Agricultures
Wichita Livestock
Wichita
U. S. Dept. Agr
Stronz
Tioga
Oklahoma City
Fancy Springer
Wichita and Oklahoma City Livestock Markets Report June 12
Cattle numbers crowd Wichita and Oklahoma City lots with steady to higher quotes for higher grade cattle. Hog and sheep activity remains active with steady to strong demand and top bids noted for choice lambs and springers.
Omaha Livestock Market Report June 12
The Omaha market shows cattle and sheep activity with higher bids. Hog prices rise to 4.50 top with bulk 3.60 to 3.75, cattle trade mostly steady with steers 5.75 to 8.00, heifers 6.0, stockers 3.25 to 4.80, and fat lambs stronger with top around 8.75 and yearling breeding at 4.00.
MENTIONED IN THIS ARTICLE
Omaha Livestock
Omaha
Denver livestock and Boston wool markets report price notes
Denver cattle hogs sheep futures show mixed gains and steady tones across classes with cattle mostly steady to 25 cents higher and hogs up to 35 cents. at Amarillo top hog prices for Wednesday reach 3.50. Boston wool market remains slow with limited trade and fleeces trading around 32 to 34 cents, some bids rejected. metals report copper firm and tin easy with other metals steady or quiet.
MENTIONED IN THIS ARTICLE
Amarillo
Pinkney Packing Company
Boston
UL & Dent
Traders Indicate Renewed Strength In Stock Market
New York traders reported persistent demand lifting the tone of trading on June 12. Volume rose to 947,080 shares with gains across a range of major issues, including American Can American Smelting and General Motors, while corn and cotton futures moved higher and rubbers and fibers showed mixed strength.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
CRQ
American Can
American Smelting
American Telephone
Consolidated Gas
Santa Fe
General Motors
Ingersoll Ran
International Cement
Montgomery Ward
Dupont
U. S. Steel Common
Pennsylvania Railroad
Fastman Kodak
International Telephone
U. S
Germany
Wright Aero
Douglas
United Aircraft
Curtisa Wright A
Gulf Oil
International Petroleum
Standard Oil
Indiana
Humble Oil
Creole Petroleum
Quaker Oats
Swift & Co
Bunker Hill & Sullivan
Pioneer Gold
Sherwin Williams
Teck Highes
Wright Hargreaves
Newmont Mining
Lake Shores
Aluminum
Stocks in Spotlight on Active NY Exchange
June 12 closing prices show Kennecott at 25 500 with 22 percent rise and General Motors at 20 500 with 34 percent gain. Int Tel Tel reaches 23 000 up 14 percent, Anaconda Copper 16 700 up 16 percent, U S Steel 12 800 up 42 percent, and Westinghouse Elec 10 700 up 37 percent. Other notable names include Montgomery Ward, Chrysler, Socony Vacuum, Gen Elec, Frans Prod, NY Central, J Curtis Wright A, United Aircraft.
MENTIONED IN THIS ARTICLE
New York
Kennecott
Int Tel. & Tel
Gen Motors
Monty Ward
Chrysler
Int Nickel
U.S. Steel
Socony Va
Sae
Pas Lih
Ford Glass
Lig & Myers
Lorillard
Eae
Lou & Nashville
Kan
Lou Gaa
Elec
Mack Trucks
Magma Copper Eee
Mathieson Alkali
Miami
Copprates
Pt Tree
Midland Steel Ween
MK &@ T Ry
Mo Pacific Ry
Montgomery Ward
Murray Corp
Qi Mis
Nash Motors
Natl Hiscuit We
Aim Bbby Ban
Natl Pow & IA
Natl Steel
Penick & Ford
Penney Ween
Sey
Tenney Peeters
Pet Corp Ree
Pullman Corp
Orlly R Radio Corp Oseeey
Keith Orph
Reading Corp
Remington Rand Oy
Republic Steel
Reynolds Tob Bas— Safeway
Bi St
L & San F Ry
Seaboard Oil A
Seara Roebuck Aeee
Seneca Copper Tees Am
Shell Union
BM Bay Simms P Oa
Skelly Oil Shee
Socony Vacuum
Edison
South Cal . Ll
South Pacific
Cal
Stn-Warn
TN Stone & Webbough Rly Studebaker Mtrs
Texas Corpateeere
Texas Gulf Sul
T & P Coal & Oil
T & P Land
Union Carbon
Union Oil Cal
Union Pacific Ry
Uni Aircraft Soos
Uni Gas & Imp
US Freight Eeeege
U S&s Gypsum Nee
U S Ind
U S Rubber
U S Steel Ceees
Vanadium Steel Ae
Warner Pictures
Wesson
Western Union
Wes Elec & Mie
Woolworth Corp
Wright Aero
Alleghany Corp
al Chem & Dye
Amerada Corp
Am & Kor Power
Am International
Superpower
Tel & Tel
Ford Mtrs
Gulf Oil
Humble Oil
Nia & Hud Power
AT &S F Ry
Az Bam St Rege
Atlantic Refve
Auburn Autoeeeee
Stand Oil Ky
Aviation Corp
Uni
Uni Gas
Baldwin Loco
Barnsdal
Bendix Aviation
Standard Statistics Co
Beth Steel Teferene
Bohn Aluminum
Inds Rails
Barden Corp
Briggs
Calumet & Hecla
Pacific Ry
Cannon Mills
Inds
Engeleum Nairn & QR
Aee
Curtiss Wright
DRG & W
Dupont
U. S
Fastman Kodak
Elec Pow & Lt Mh
Liberty
Fox Film A
Freeport Texas
Treasury
Gen Foods
Gen Mills Szhky
Gen Motors Ibe
Goodrich Tire
Goodyear Tire
West Sugar
Houston Oi
Howe Sound
Hupp Mtrseee
Central
Sane
Inspiration
Int Harvester
Int Hydro Elec A
Liempela Tee Johns Manville
KC Southern Tee
Kelly
Springfield
Kelvinator Corp
Wag Kennecott Cop
Kresge
Eee Ub
New York Cotton Market Rises After Early Selloff
Cotton futures in New York close 14 to 15 points higher as October. July. and December contract prices rebound from an opening drop amid rain worries in North Texas. Exports and port stocks cited. market volume described as moderate.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Texas
Markets In Brief Summary of June 12 Trading
New York stocks firm as traders rally subtly while bonds rise and curbs steady. Oils and specialties improve with easy foreign exchanges and a firm dollar. Cotton and sugar hold. coffee shows irregular European demand. Chicago wheat advances on corn, corn strengthens amid bug concerns. cattle and hogs rise with highs around 10 and 4.25 respectively.
MENTIONED IN THIS ARTICLE
New York
Sestlers
Jamea
Chicago
Foreign exchange rates rattle markets in New York
New York bond and currency desks report easy foreign exchange, with Great Britain at 5.051 percent in demand and 5.0514 on cables. Other nations show varied quotes for bills and demands, including France at 6.61 and Italy around 0.414 with cables 8.6114, plus numerous European and international rate figures.
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
Argentine
Brazil
Tokyo
Shanghai
Hongkong
Mexico City
Montreal
Bag Silver Quiet in New York Trading
In New York on June 12 the bag silver market remained quiet with prices unchanged at 45.
MENTIONED IN THIS ARTICLE
New York
New Orleans Spot Market Ticks Up in Quiet Week
New Orleans reports a steady tone with thousand selling to close. Prices rise across grades with low middling 11.62 and middling 12.27 while receipts total 3,449 and stock sits at 628.
MENTIONED IN THIS ARTICLE
New Orleans
Votentton
Associated Press
Midg
Reds
Galveston
Mobile
Savannah Wrens
Charleston
Wee
Wilmington
Norfolk
Baltimore
Ooon
New York
RTL
Boston
Houston
Corpus Christ
Mide Rats
Memphis
Augusta St. Louis
Fort Worth
Little Rock
Eben
Atlanta
Dallas
Montgomery
Galveston Spot Cotton Prices Steady On June 12
In Galveston the spot market closed steady with 19 points gains. A range of grades is listed including low ordinary at 9.55, ordinary 18.05, good ordinary 10.55, middling 12.45, and good middling 18.08 with strict variants noted. Sales totaled 48 spots with fabric price at f o b 100.
MENTIONED IN THIS ARTICLE
Galveston
F. O
Cottonseed oil prices firm on covering and buying
New York reports bleached cottonseed oil active with firmer prices as buyers cover and commission houses accumulate. May sales reach 114 contracts amid a May census consumption of 258 771 barrels and a visible supply of 2 499 000 barrels. Prices for futures show Oct 6 63, Jan 8 84 and other months.
MENTIONED IN THIS ARTICLE
New York
Chicago Produce Prices and Receipts Report
Chicago market update shows firm receipts across grains butter poultry and cheese with specific lot counts and price ranges. Fresh graded firsts and extra firsts feature in butter and eggs while poultry notes include hens Plymouth Rocks and turkeys. potatoes display steady demand and varying regional prices across Idaho Minnesota Alabama Louisiana Oklahoma and Mississippi values.
MENTIONED IN THIS ARTICLE
Chicago
Plymouth Rock
Idaho
Minnesota
Alabama
Louisiana
Oklahoma
Mississipni
Oklahoma Cobblers
New York Money Rates Steady Across Markets
Call money steady at 1 percent all day. Time loans steady at 41/4 percent for 49 days and months. Prime commercial paper at 4 percent. Bankers' acceptances unchanged. Rediscount rate at New York Reserve Bank 1 1/4 percent.
MENTIONED IN THIS ARTICLE
NEW York Money
New York
New York Reserve Bank
Salt water shows in Rusk oil well tests in Texas
In Rusk Texas the discovery well began producing 10 barrels an hour of pipeline oil with salt water appearing during a test. Oil men estimate salt water content between 6 and 20 percent while temp suggests origin uncertain. Landowners and Shell Petroleum fear value impact as buyers pause pending more data.
MENTIONED IN THIS ARTICLE
Rusk
Tex
U.P
T. J. Wood
Dick Young
Wood
Houston
Texas Company
Shell Petroleum Corporation
Cherokee County
Shackelford Finds New Wildcat Pool Near Albany
A new Blair Baker No. 1 wildcat on J. H. Nail estate in Shackelford County tests for 40 barrels daily from a good sand at 1422 feet. The well sits seven miles northwest of the Cook pool in the northwest quadrant of section 124 FE T A R Co lands. This is the third oil strike on the Nail ranch in two years, with several nearby prospects indicating a rich sand region. Geo. Callihan operates the Nail production near Albany.
MENTIONED IN THIS ARTICLE
Albany
Tex
Shackelford
Blair Baker No
J. H. Nail
Cook Pool
J. H. Nall
Frontier Production Co
States Oil Corp
New Baker
Nail Ranch
Geo. Callihan
A. H. Richardson-Skelly Oil Co
J. A. Matthews
R. R. Co. Lowe & Delaney
F. W. Alexander
T. BE
New York Sugar Quiet as Refiners Hold Prices firm
Raw sugar traded quietly in New York with no reported sales though tone firmer. Refiner offers held at last paid 2.80 for spots with little material below 2.95. final futures little changed. Sales reached 22,450 tons. refined sugar at 4.65 for fine granulated with light demand for nearby needs.
MENTIONED IN THIS ARTICLE
New York
M McMillan pool extension reported in Runnels County
Petroleum Interests Inc No 1 D L Brevard shows a 1000 foot northeast extension to the McMillan pool eight miles northeast of Ballinger Texas The well produced 250 barrels daily and used rotary drilling with drilling fluid on the way to complete The well location sits in subdivision 21 Norvell Trais survey 533 eight miles NE of Ballinger Ballinger area notes include 2 502 to 2 523 feet depth and 45 3 gravity sweet oil in the sands of 2 502 2 523 feet
MENTIONED IN THIS ARTICLE
San Angelo
Tex
Petroleum Interests, Inc
D. L. Brevard
McMillan Pool
Runnels County
Ballinger
Brevard
Norvell Traiis Survey
Oil Drillers May Strike Over Wages in Code Violations
Washington June 12 U P M Quinn Shaughnessy attorney for the Petroleum Administration Board left for Dallas to probe reports that oil well drillers and some oil companies violated labor and drilling provisions of the oil code. A strike threat arose if wage demands of the International Association of Oil Field Gas Well and Refinery Workers of America were not met as conferences open in Dallas to run through Friday.
MENTIONED IN THIS ARTICLE
Washington
U.P
M. Quinn Shaughnessy
The
Petroleum Administration Board
Dallas
International Association of Oil Field, Gas Well and Refinery Workers of America
New Birmingham Well Near Rusk Flows Nine Barrels An Hour
The New Birmingham discovery well near Rusk Texas flowed nine barrels per hour today through a one eighth inch choke with no salt showing. The gravity figure was reported to have increased. South Carolina will omit its slogan Iodine Products State from automobile license tags in 1934.
MENTIONED IN THIS ARTICLE
Rusk
Tex
New Birmingham Discovery
South Carolina
Albany land sale notice with quarter section reference
Feet in the northwest corner of southwest quarter section No. 30 EF T A R Co lands two miles north of Albany.
MENTIONED IN THIS ARTICLE
Southwest Quarter Section No
Albany
Lot Auction Sparks boom in Kellerville Texas
Keller ville in Wheeler County awakens to a brisk lot auction on a new town site. Dozens of houses rise as derricks dot the landscape with rigs arriving daily. The booming field draws rigs, lumber yards, a hotel, restaurants, and a free barbecue drawing noon crowds. Kellerville and Belco form the twin towns of the oil field.
MENTIONED IN THIS ARTICLE
Kellerville
Texas
Belco
Boundary Lines in Yates Field Knotty Problem
Special to The News Austin June 12 The third court of appeals asks the state supreme court to explain its boundary ruling in Yates field litigation The supreme court held to follow surveyors calls from the east line of block Z The Federal Royalty Company Shell Mid Kansas Stanolind Nellie M Moore and H P Davenport seek reversal of the 53rd district court decision Others ask affirm the initial judgment The State neutral The appeals court seeks clarity on whether the high court decision settles the whole survey dispute or only one proposed method and whether the case should return to 53rd district court for trial as State vs Douglas Oil Co with 170 litigants involved
MENTIONED IN THIS ARTICLE
Austin
U.P
Great Yates
Third Court of Civil Appeals
State Supreme Court
Supreme Court
Block Z
Federal Royalty Company
Shell Petroleum Company
Mid-Kansas Oil and Gas
State Vs. Douglas Oil Co
53Rd District Court
First Wellington High School Bus Planned for Next Year
Wellington June 12 The first bus in the history of Wellington High School will operate next year. Trustee president L A Manzer announced the bus will carry about 50 students and serve five communities. The board will buy the bus and hire its operation for the year.
MENTIONED IN THIS ARTICLE
Wellington
Wellington High School
L. A. Manzer
Also Mentioned on This Page
Lake
Boyark
Steahly Ili
Amarillo Markets
Sudan
Eneensente
Tel & Tei
Gulf, West Indies
Beneee Ee
Balt & Ohio
Heth Steel
Pacific
Chea Corp
Oneee
Chee & ‘Ohio
Burlington & Quincy
Western
Chic
Rock Island & Pac
Erie
Great Northern
Humble
Hudson Manhattan
Tel & Televt
Wees
KC Southern Rf
Loews Inc
Kansas
Texas Adj
Mo Pacific
Nat Dairy
Central Rf & Imp
Northern Pacific
Phillips Pet Sigs
Sinclair Oicol
Southern Pacific
Tee Southern Ryeen
Southwestern Belsteres
Texas & Pacific
Union Pacific
U_S Rubber
Westinghouse Electric
Chicago Livestock
U. 8
Denver
Blue Eagle
Future
East St. Louis
Seny Sfuesesecknde
Port Receipts
Port Stok
Western Feeders Supply Company
F. O. B. Texas Mills
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N. D
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Oil and Gas Journal
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Wrest Texas Oy
North Central
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Rocky Mountain Area
Gulf Coast
Arkansas
California
New Town
Wheeler CO
SALF
Yates Field
Taylor
Post Office
Union Bus Station
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