Wheat closes firm on rust fears in markets
Nervousness over black rust threatens the Wheat market as traders gauge potential damage. Prices end at day’s high with September at 103% and December at 106% while corn and oats rebound alongside hogs and provisions. Cash quotes list No 3 wheat 1.09 and various futures, with Minneapolis readings showing mixed but firm gains amid improving harvest progress.
MENTIONED IN THIS ARTICLE
A ~Ted Press
Chica
Kansas
Missouri
Nebraska
Liverpool
Stocks Rise as Market Opens Firm After Dull Session
New York July 6 prices displayed a firmer tone with some heaviness in Baldwin, Studebaker, and other issues at the open. Delaware and Hudson fell seven points to 95 3/4, then rallied to 96. The day featured a temporary overhead condition, with Vanadium up three points and U S Steel common up about a point. Hayes Wheel posted over $1,000,000 six month earnings versus $300,000 in dividend requirements. Currency and European markets shifted with higher sterling and weaker French francs.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Baldwin
Studebaker
Delaware and
Hudson
E. H. Gary
United States Steel Corporation
Harding
Vanadium
United States Steel Common
Bethlehem
Gulf States
Republic
Hayes Wheel
Market gains amid rally hints after late-day strength
Stock market sentiment improved with Thursday’s close higher than the prior session amid light offerings and short covering. U S Steel chief’s comment on abolishing the 12 hour day drew attention as earnings across Southern Railway Great Northern and regional oil wells showed gradual gains and ongoing exploration in Montana. Cattle and hog prices at Kansas City Denver dips and strong bids reflect varied agricultural markets with notable lamb and beef values and rising hogs prices.
MENTIONED IN THIS ARTICLE
Lauzier-Wolcott Company
United States Steel Corporation
St. Southern Railway
Great Northern
Great Falls
Gladys Belle C. & R
Sweetgrass Hills
Chester
Carter Oil Company
Butter and Eggs Prices Reported in Chicago Market
The Associated Press notes butter and eggs pricing in Chicago on July 6 with categories for butter including extras, standards, firsts, and seconds, showing values from 32 to 37 percent, and eggs with receipts and various firsts, ordinary firsts, miscellaneous, and storage pack terms alongside percentages.
MENTIONED IN THIS ARTICLE
The
Associated Press
Shicago
Sugar Futures Close Easy on Light Demand
Sugar futures closed easy in New York with about 18 000 tons traded. September slipped to 5.28 a ton while December and later months showed declines, with March and May futures around 3.76 and lower.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Foreign exchange and metals market update dated July 6
New York reports show varied international exchange quotations with Britain, France, Belgium, Germany, Holland, Norway, Sweden, Denmark, Switzerland, Poland, Czecho Slovakia, Argentina, Brazil and other relaxations. Bar silver prices quoted at 43 1 2 cents per ounce. London markets note bar silver at 16 shillings 16 pence per ounce and money at 2 percent.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Britain
France
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Poland
Czecho
London
Livestock quotes from Chicago market report
Hogs receipts 24000 active with gains 25 to 40 cents. 150 to 240 pound averages $7.95 to $8.10 top. 260 to 350 pound butchers $7.75 to $7.90. Pigs up 25 to 50 cents, best weights $7.50 to $7.75. Cattle receipts 3000 active with generally higher tone, beef steers and yearlings $9.25 to $10.50, best matured steers up to $11.10, heavy Bologna bulls around $5, Colorado bulls $4.25 to $4.65, dealers scarce, packers $11 to $12.25. Sheep receipts 8000 early trading active, best western lambs $16.25, natives $15.50 to $15.75, ewes $6 to $6.25, heavies down to $3.50.
MENTIONED IN THIS ARTICLE
University Fed
The
Associated Press
United States Department of Agriculture
Chicago
Colorado
Cattle and hogs steady. sheep drop at Portland market
Portland reports nominally steady cattle and hogs with no receipts. Sheep are steady but down 50c, with 1,256 head receipts and 1,005 sold on contract. Valley lambs bring 10 to 10.50, medium 9.50 to 10, common 7.50 to 9. Culls 6 to 7.50, light yearlings 7.50 to 8, heavies 6 to 6.50, light wethers 6 to 6.50, heavies 5.50 to 6. Sheep prices and range summarized. Also Spokane and Los Angeles market notes included.
MENTIONED IN THIS ARTICLE
Associated Press
Portland
Ore
Choice Valley
Omaha Hog and Cattle Prices and Receipts Report
Omaha report shows hog receipts 14 500 with prices up 25 36 cents for good and choice hogs and top at 7 45. Packers yards higher. Cattle receipts 1 500 with steers 8 75 to 10 include up to 10 75, cows 5 50 to 8 50, veals 9 50, stockers steady. Sheep receipts 11 500 with lambs mostly 25 cents lower, western lambs 15 15 25, native lambs 14 50 14 75, ewes 5 75. ST PAUL reports cattle receipts 1 000 mostly steady to strong.
MENTIONED IN THIS ARTICLE
Omaha
Associated Press
United States Department of Agriculture
Metal Market Fluctuations Report in New York
Copper is easy with electrolytic spot and futures at 14% 14c. Tin solid with spot and nearby at 38 dollars and futures at 37.87. Iron steady with no change. Lead easy at 6.35 cents spot. Zinc quiet in East St. Louis at 5.8 to 5.90 cents. Antimony spot 6.90 to 7e.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
East St. Louis
London metal prices report from AP July 6
Associated Press reports spot and futures prices for copper tin lead zinc in London trade. Copper spot £64 17s 64 futures £65 10s. electrolytic copper spot £72 futures £72 108. tin spot £177 16s futures £179 2s 6d. lead spot £23 15s futures £23 5s. zinc spot £28 futures £28 128 6d.
MENTIONED IN THIS ARTICLE
Associated Press
London
Call money rates and loan terms in New York trading
On July 6 in New York call money remained firm with high at 5 percent and low at 4 percent, closing bid and offered at 5 percent. Last loan at 5 percent. Call loans against acceptances 4 percent. Time loans 60 90 days 5 5 percent, 4 6 months 5 5 percent. Prime commercial paper 5 percent.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Fortune From Old Producer In Utah Mine Ore
Salt Lake City report notes one carload of ore from the Tintie Standard mine at Eureka Utah yielded 62500 dollars in silver and other metals, marking a notable shipment from the region.
MENTIONED IN THIS ARTICLE
Salt Lake City
Tintie Standard
Hureka
Utah
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Montana
Complete Banking Services
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Butte, Montana
Bank & Trust
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J. Johnston
Hesset
NEW
Gregso
Butte Hotel
Anaconda
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Butte-Anaconda
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Lamb
Galena Butte
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