Wheat futures drifted as rains hinder harvests
Wheat prices rose early on widespread rains and reports of black rust from Minnesota and the Dakotas but fell back amid profit taking. July and September contracts closed lower while cash quotes showed No. 1 hard at 1.63 to 1.64 dollars. Minnesota grain receipts and regional weather fueled market moves, with exports estimated at 1.1 million bushels of wheat and 400,000 of rye.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Minnesota
Dakotas
Oklahoma
Kansas
Missouri
Illinois
Nebraska
Canadian
Pacific
Minneapolis
Montana
Liverpool
Canada
Stock Market Rally After Pool Support Improves Shares
Selling pressure eased as pool operations boosted industrial and investment stocks. Rail shares led a broad recovery on tax-cut optimism, with Western rails like Chicago and Northwestern advancing strongly. Oil stocks gained on lower crude output while call money rose to 4.5 percent and other rates held steady.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Congress
Interstate Commerce Commission
Western Rail
Chicago and
Northwestern
Union Pacific
Pan-American
General Petroleum
Independent Oil and Gas
Flax Prices Displayed For Upcoming Months
Duluth Flax notes closing flax quotes for July at 2.60 and September at 2.45, with October at 2.43. Market details indicate futures or cash prices for the grain in June.
MENTIONED IN THIS ARTICLE
Duluth
The
Associated Press
Butter and Eggs Prices and Cheese Receipts Report
New York and Chicago report butter and creamery prices and receipts with varied scores for extras firsts and seconds. Eggs receipts rise with higher prices. sugar prices steady with minor activity. A Romania company forms to exhibit films in schools.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Hennery
Pacific Coast
Chicago
Romania
Market improves with gains across stock list
The stock market showed a notably improved tone with fair advances across many issues helped by constructive recent events. Oil and metal stocks strengthened while wheat and corn markets rose on weather and export demand. later sharp profit taking pulled prices below the prior close as rains delayed harvests and rust concerns eased in Canada.
MENTIONED IN THIS ARTICLE
Logan & Bryan
Money market rates steady in New York call loans
New York June 24 reports call money strong with a ruling rate at 4 percent and closing bid at 4 percent. Time loans show mixed collateral with 60 to 90 day maturities at 3 percent and 4 to 6 months at 3 to 4 percent. Prime commercial paper sits at 3 percent.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Foreign exchange rates steady in New York markets
In New York on June 24 foreign exchange remained steady with Great Britain demand at $4.85 and cables at $4.963 16, 60 day bills on banks $4.81. France demand $4.66 and cables $4.66. Italy demand $3.70 and cables $3.71. Belgium demand $4.61 and Germany $23.80.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Great Britain
France
Italy
Belgium
Germany
Metal Market Highlights From New York Auction
Copper ease with electrolytic spot and futures at 13 and 13 1/2 cents. Tin shows 56.25 cents spot and near futures at 55.87. Iron varied with No. 1 northern 20 to 20.50 dollars, No. 2 northern 19.50 to 20, No. 2 southern 18 to 19 dollars. Lead steady at 8.20 to 8.35 cents. Zinc steady with Fast St Louis at 7.00 cents. Antimony at 16.50 cents.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Logan & Bopenighan
Allied Chemical
Chalmers
Merican Agricultural Chemical Aeee
Erican Steel Foundry
Merican Sumatra Tobacco
American Linse
American American International Corporation Eer
American Telephone and Tel Woolen Egrap
Atlantic Gulf
Austin Nichols Cpt Soho
Baldwin Locomotive Ee
Baltimore & Ohio
Ethlehem Steel
Bosch
Brooklyn Manhattan
Butte Superior
Eeree Tee
Butte Copper & Zinc
California Petroleum Sopho
Cerro de Pasco
Canadian Pacific
Chandler
Chesapeake & Ohio
Chicago & Alton
Chicago
Great Western
Chicago, Milwaukee & St. Paul
Continental Motors Oe Pertwee Mene
Davison Chemical
Sete Eee
Fiske Rubber Famous Players
General Electric
Great Northern
Gulf States Steel
General Petroleum Cop
Hudson Motors
International Marine
Ener
Jordan Motors Independent Oil & Gas
Eae
Kelly Spr
Kansas City
Kennecott & Field
Ima
Louisiana
Mexican Seaboard
Miami
Missour
Ansas
Texas
Missouri Pacific
Montgomery Ward
TAS
Montana Power
Ray Consolidated Tor
Standard Oil of
California
Stewart Warner
Studebaker Free Setae
Texas Company
Exas Gulf Sulphur Co
Baer
Eero Rees
Verde
Spokane
Logan & Bry
Ledonia Fee
Access
Teen
W. Power
Western Union
Richmond Ee Wees
Rambler
Stee Wee Sherman
Ee Tamarack
West Hunt
Stratton Te
Logan
Davis-Daly Oe
North Butte
Arizona
Swift Packing Co
Utah
Apex Te
East Butte
Mason Valley Ee
Algomah
Boston
Ee Ee Bryan
Boston & Ely
United Verde
Amat Consolidated Copper
Boston & Montana
Ron Blossom
The
Associated Press
New York
St. Louis
Global Silver and Money Rates Update
New York bar silver closed at 70c per ounce with Mexican dollars at 563 1 3 c. London bar silver at 327 16d per ounce and money at 3 percent.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
London
London Metals Prices Reported For June 24
London market figures show copper spot at £60 2s 6d with futures £61 electrotlytic spot £63 12s 6d futures £63 17s 6d. Tin spot £252 17s 6d futures £254 15s. Lead spot £33 10s futures £32 15s. Zinc spot £34 2s 6d futures £33 10s.
MENTIONED IN THIS ARTICLE
London Metals
London
Chicago Hog Market Opens Steady With Light Weight Slows
Hogs receipts 16 000 in Chicago on June 24 show fair activity for desirable lighter weights, mostly to shippers, with prices around 13.65 for some and refusals, bulk 210 pounds and up around 13.50 to 13.60, late trading slow and overall steady from Tuesday’s high.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
Livestock Market Scores Mix of Gains Across Pigs Cattle and Sheep
Slaughter pigs mostly 11.50 to 13.00 with top weights at 13.65. Packing hogs steady 11.50 to 12.40. Cattle receipts 7,000 active with fed steers and yearlings 15 to 25 cents higher, best yearlings at 12.25. Sheep receipts 10,000 with fat native lambs strong, prime Idaho lamb at 16.85 and natives 15.75 to 16. yearlings 14 and wethers up to 14. Canners and bulls firm to higher amid broad buy interest.
MENTIONED IN THIS ARTICLE
Idaho
Cattle Hogs and Sheep Prices Rise on Light Yields
Cattle receipts 2000 fed steers and yearlings active up to 26 cents. Top mixed yearlings 43 head at 11.25. Heavies 10. Best medium bulls salable near 10.75. Calves up 25 cents with lights near 9 to 9.50. Hogs receipts 13,500 steady to strong with butcher and bacon hogs mostly 13, mixed down to 12.25. Pigs around 12.50. Sheep 200 head 25 cents higher with fat native lambs 15.25 and ewes 6.50.
MENTIONED IN THIS ARTICLE
The
Associated Press
South ST. Paul
Minn
Cattle Market Report From Sioux City Iowa
Sioux City Iowa June 24 cattle receipts around 2 000 market active with killers 10 to 15 cents higher stockers strong fat steers and yearlings quoted 7 50 to 12 bulk 10 to 11 fat cows and heifers 6 11 canners and cutters 2 50 to 4 grass cows and heifers 4 to 7 50 veals 4 to 9 bulls 3 50 to 7 50 feeders 6 7 25 stockers and yearlings 5 to 7 75 stock yearlings and olives feeding cows and heifers 3 25 to 6
MENTIONED IN THIS ARTICLE
Associated Press
Sioux City
Iowa
Omaha market report shows steady hogs and higher cattle demand
Hogs receipts 17 500 with better grade butchers active and prices around 13 35 top. cattle receipts 5 800 with fed steers and yearlings up 15 25 cents and buyers bidding up to 11 50 for weighty steers. sheep receipts 4 000 with killing classes up 25 cents and top native lambs at 15 75 to 16 25 plus range and feeder activity.
MENTIONED IN THIS ARTICLE
Omaha
Associated Press
Idaho Range
Spokane Market Report No Sheep Sold
Spokane market notes from June 2 report show cattle at steady 216, hogs steady with price ranges 13.25 to 13.50 for good to choice, light and heavy categories 13.00 to 13.25, heavies 11.26 to 12.50, sows 10.25 to 10.50, fat pigs 11.25 to 12, feeders and underweight pigs 11.75 to 12, sheep not traded. No notable changes in cattle or hog segments beyond steady values.
MENTIONED IN THIS ARTICLE
Spokane
Associated Press
Livestock Prices From Portland Market Report
Portland market notes show cattle 30, hogs 370, sheep 920 head with steady trends. Lambs up 25 cents, light and handy weight priced at 9.50 to 11.50, other lamb categories unchanged.
MENTIONED IN THIS ARTICLE
Portland
The
Associated Press
Los Angeles Livestock Market Report June 24
Cattle receipts 500 with 200 holdovers. slow sale and generally lower bids. Bulk steers 6.50 to 7.75. bulk stock 5.40 to 5.75. canners 3.50 to 4. So bulls steady around 4.25 to 5. Calves 140 to 240 pounds 11 to 12. others 9. Hog receipts 400. prices 50 to 76 cents higher. top 15.56 for 202-pound Californias. Nebraska 15.25. Sheep scarce. lambs 12.75 to 13.75. ewes 4.50 to 6.50.
MENTIONED IN THIS ARTICLE
Los Angeles
Associated Press
Market Report Denver Hogs Cattle And Sheep Prices
Denver reports hog receipts around 500 with steady to 10 cent lower bids and top 13.30 for 259 pound lots. Cattle and calves total about 900 and 600 respectively with mixed yearlings and grassers listed, while sheep run reaches about 2 500. Prices vary by grade including top hogs, yearlings around 10.50 to 10.60, grassers near 5.75, and bulls about 4.25 to 6.00.
MENTIONED IN THIS ARTICLE
The
Associated Press
Denver
Lamb loads bring higher prices at sale
In the sale, a 73-pound Oregon lamb lot sold for 15.28 with 25 out to ear at 11.45, and a 70-pound Idaho lamb lot sold for 14.75 with 100 out at 11.50, reflecting a 25 cent rise.
MENTIONED IN THIS ARTICLE
Oregon
Apparatus Lets Officials See Distant Moving Object
Washington officials witnessed a private test of C Francis Jenkins's radio vision device. A cross on a screen at the inventor's lab was projected as a moving image to a light-sensitive receiver at a naval radio station miles away. The image was not perfectly clear but distinguishable to observers including Secretary Wilbur and Dr George Burgess.
MENTIONED IN THIS ARTICLE
Washington
C. Francis Jenkins
Wilbur
George M. Burgess
Bureau of Standards
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Acme Con Aid
Checker Cab
Mesab Durant
Delaware
United Profit
United Retail Candy Riohe
Tles Service Com
Nkers
American Gas Electric
National Power Light
Cariba Eh
Glenrock Pee
Wilcox
Arizona Globe O
Butte & Western Te
Cal. Jerome
Consolidated Copper
Cresson Delores
Eureka
Hecla Seeee
Ho Ninger
Devel
Kerr Lake
Mason Valley
Nipissing Ohio Copper
Teck Hughes United Eastern Eee Teen
Itv
Associated Preas
Grain Market
NEW York Money
United Stat
Liberty
Libertyth
Unite States Government
Dominion of Canada
French Republic
Republic of Chile
Kingdom of
Nor Pacific
New York - Chicago
Butte
Atlantic
States
Billings
Seattle
San Francisco
Finlen
ST. Paul
Metals Bank & Trust CO
Butte Mont
Charles J. Kelly
James E. Woodard
James T. Finlen
R. W. Place
J. L. Teal
J. J. Burke
First National Bank OF
Oeanan Montana
Rens
Andrew 3. Davis
K. Stephenson
George A. Bill
Andrew J. Davis Jr
W. J. Forsythe
A. Clare
D. Ross Clare
W. A. Clark & Bro
Alex
Johnston
Heshier
Barker
Boze Im Ensity
Batte
Lamb
Galena Butte, Mont
Butte, Anaconda & Pacific Railway CO
Anaconda
Standard
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