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Newspaper
Helena Independent
Location
Helena, Montana, United States of America
Date
Jun 02, 1932
Page
10
Financial page notes fresh selling in street markets wiping out earlier advances led by a weak opening bid and renewed uncertainty. It reports mixed bank strength and lingering optimism about a forthcoming budget conference as traders adjust positions. Large details blur amidst the tumult, but the overall tone signals caution as investors weigh liquidity and demand indicators while prices drift.
A jumble of phrases referenced New York bonds and market conditions, with vague mentions of panels, quotes, and financial terms. The readable fragments suggest a report on bond markets or municipal finance in New York, but precise entities or dates are unclear.
Grain prices fell sharply as senate discussions on emergency price and tax changes weighed on traders. Wheat slipped 7 cents, corn and oats declined, while soy and other grains showed mixed moves. Reports pointed to a smaller winter wheat crop than hoped and a volatile month ahead for futures. Minneapolis futures also showed weaker cash values for wheat and flour inputs amid ongoing market uncertainty.
Paris June 1 The United States and France reached a trade agreement granting most favored nation treatment on imports and easing quotas that had stifled American business. Negotiated by Ambassador Walter Hodge the accord aims to restore US imports to 1931 levels and end double taxation for American firms with French branches. Wilmington June 1 Warner Bros receivership advances as Warner Bros directors join three Warner brothers to report official conduct in the ongoing court case.
A fragmented OCR listing mentions New York and several entities including United Verde and Newmont Mining. The readable parts point to a miscellaneous notice with names and places, lacking a coherent event or action.
Potatoes market notes show US No 1 prices from 36 to 96 cents, Idaho Russets at 102 cents, and Alaska shipments unsettled. regional supplies in Wisconsin and Idaho cited with moderate trading. Butter and eggs prices steady with varied scores from 88 to 93, poultry and pork figures listed. New York raw sugar market described as unchanged with specific delivery prices and forward months outlined.
Washington June 1 P As move to permit expansion of the currency by approximately 1 000 000 000 was approved today by the senate banking committee With opposition the group reported invariably a measure authorizing use of all United States ponds on a basis for currency for five years The measure advanced by Senator Glasn of Virginia a former democratic secretary of the treasury substitutes for the Goldsborough bill passed by the house would have the Federal Reserve board stabilize the purchasing power of the dollar at the 1921 29 level by open market operation Inflation Needed The measure is sponsored by Representative Goldsborough and opposed by Governor Eugene Meyer of the Federal Reserve board who contends congress should not order the board to continue what it is already doing and that removing the price level would be impossible of fulfillment.
London June 1 A polite difference of opinion arose between Great Britain and the United States over disclosing plans for an international conference to revive business Discussing the proposal in the House of Commons Sir John Simon foreign secretary signaled a cautious stance noting the plan is in a formal preliminary stage Britain displayed reluctance to discuss the matter until U S publicity. Some members urged a statement to avoid premature disclosure seen as politically tentative.
Cattle and veal prices mixed with steady to upper trends in multiple markets. Slaughter cattle 1100 pounds steady to higher, calves and feeders down slightly, hogs and lambs showing varied quotes. Reports indicate moderate by heavy demand with notable activity on feeders and yearling stock.
Fragmented OCR lists addresses and services for The Independent Publiciaw Complex and Prudden firms in Helena Montana New York City and Chicago plus Associated Press news service notes and laundry services. Content includes multiple office addresses and delivery references with scattered city names and formatting errors.
Mixed classified items list housing ads and miscellaneous notes. Several phone numbers, addresses, and price ranges appear among entries for cabins rural land and farm livestock, with residents and locations including Rimiet road Unionville and Seaver Park Poultry Yards. The fragment presents sale offers and livestock market terms without coherent narrative.
Stated meetings listed with dates in June, including 6 pm sessions at Morningstax Lodge and Spom Jing Solomon's Lodge. Also notes an election at Kadoch Algeuly Temple and initiation on June 14. Names and places appear garbled. core items are meeting dates times and venues.
Portland reports mixed early market activity with fluctuating prices for livestock and produce as dealers note unsettled demand. Spokane and Seattle show steady but varied bids on cattle and wool, with prices ranging near recent baselines and some items trading lower.
A fragment notes a street rumor about a baby sister and a laughing crowd with a sharp reaction from a baby girl after a visitor left. The piece resembles a casual community column or anecdotal item with informal dialogue and local color. The text preserves names and place markers as read, though some words are garbled.
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