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Newspaper
Helena Independent
Location
Helena, Montana, United States of America
Date
Dec 06, 1933
Page
10
New York market turns optimistic as stocks rise with a lively rally. Trading volume reaches 2,044,297 shares while wheat gains over two cents and cotton improves broadly. Government bonds show mixed activity amid shifting demand.
Daily stock quotations show gold at 314.01, dollar exchange firm, and mixed gains in commodities. Market inactivity gave way to momentum as favorable trade news aided several issues, with Paris and European factors influencing demand. Readings cover gold, currencies, rails, and industrials, noting call money around 24 percent and steady market mood despite some uncertainty.
Grain shipments and market notes from Minneapolis and Duluth outline December figures. References to flak tracking, world farmers, and flock safety appear amid scattered prices and freight terms. Sugar prices in New York show a 4.60 per unit granulated grade, with a municipal inquiry noted but unresolved.
New York bonds on December 5 show mixed activity as investors assess yields and debt levels. Market participants cite cautious bidding across issues with some securities edging higher while others slip on rate concerns and liquidity.
New York and Chicago market notes show mixed commodity activity. Potatoes and related foods trade slowly with varied prices across U S No 1 Wisconsin whites Idaho russets and other grades. crude oil production and bond market movements also noted with routine fluctuations.
Livestock numbers from South St. Paul Omaha and Spokane show mixed trading as hogs cattle and lambs move unevenly. Reports cite declines in hogs and steady to weak trends for cattle while lambs hold firmer prices amid broad regional shifts.
At the Los Angeles Great Western Livestock Show, December entries awarded top prize to the champion Hereford bull owned by M. Largent of Merkel Texas. Reserve champion Hereford bull went to Marbkert Chandler of Baker Oregon in a tight judging run.
Washington reports that treasurys mid December borrowing may be announced with an interest rate near the market level. Preparations for refunding 4.727 billion in maturities progressed after talks with New York finance figures. Officials insist the plan will gain strong public support and uphold monetary policy despite concerns over dollar depreciation.
Washington December 5 The House Ways and Means Subcommittee recommends broad changes to simplify the tax code and raise about 237 million for government by taxing large incomes and personal holding companies. Proposals include a single 4 percent net income tax, higher surcharges, increased taxes on dividends and exempt interest, and removal of certain loss offset and consolidated return provisions.
Local newspaper classified page listing advertising policies and errata notice for The Independent. Contains a lost item notice from East Helena crossroads with a reward, plus rates for want ads and display ads. Mentions offices in Helena New York Chicago Butte and San Francisco.
Helena Lodge 50 holds Stated Meeting December 13 and election of officers at 7 p.m. King Solomon's Lodge No 1 announces Dec 8 at 8 p.m. Algeria Temple regular meeting on November 20. Alizian Chapter No 10 BE BE election of officers December 12 at 1 p.m. Josephine Hopper Chapter Dec 14 at 7 p.m. Local lodge notes list several December meetings and officer elections.
Debate over a proposed moratorium on private debts is sent to a sub committee as Cordell Hull voices U S opposition. Mexico backed by Argentina and Chile supports the plan while observers note Latin American debt aims. Committees total ten as the conference prepares for action on many issues.
A Seattle report from December notes that a Washington geographic dictionary shows alcohols shaped the state's pre prohibition geography with numerous creek, canyon, springs and gulch names referencing liquor. The article lists many fanciful toponymy examples such as Whisky Dick Canyon, Scotch Creek, Real McCoy, Spirit Port Crescent and Dry Gulch, plus others like Jock Mountain and Juniper Springs, indicating strong drinking culture influenced place names.
Treasury data for December 2 records receipts of 8.853 million dollars and expenditures of 48.714 million, leaving a balance around 1.040 billion. Customs receipts for the month total 2.202 million. The fiscal year to date, starting July 1, shows receipts about 1.180 billion and expenditures near 1.990 billion, with emergency relief costs at 76.778 million and an excess of 839.473 million.
A Colorado man calling himself Shorty proposes taking over Idaho wild horses, claiming a large market and recounting a cook story about elk meat. He questions Idaho officials about 8000 horses and hints at profitable outlets while mixing a long tale with questionable credibility.
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