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Newspaper
Helena Independent
Location
Helena, Montana, United States of America
Date
Jun 04, 1935
Page
3
The article reports a sharp advance in street markets with confidence rising, noting gains across indexes and cautious investor sentiment. It highlights mixed trading, strength in some industrial issues, and persistent hesitation among traders, reflecting a volatile session with uneven breadth and notable activity in equities and commodities.
Quotations reported by Associated Press cover New York Exchange figures and St Paul livestock sales. Cattle numbers around 9,000 with varied classes showing firmness in some grades and steady to lower for others. calves and hogs listed with price ranges and saleability notes. Market tone mixed as feeders and finished cattle, hogs, and sheep show modest shifts in value.
New York and Portland cattle quotes show weakness in calves and feeders while vealers stay steady to higher. Steers and heifers range from $1175 to $1825 per head with buyers noting light demand and mixed yearling prices. sheep totals near 7000 with lambs and wethers showing varied bids.
Grain reports show wet growing conditions delaying corn planting with only about one third sown in Illinois and neighboring states. Chicago and New York markets reflect lower corn and rising rye prices along with cattle and hog price movements across major U.S. trading floors.
The Helena post office listing shows delivery for second class mail as The Independent publishes daily. The page carries livestock bids in Seattle and Townsend and a large set of commodity quotes from Minneapolis, Duluth, Liverpool, and Boston including cattle, mattress repairs, oats, wheat, barley, flax, wool, and sugar markets.
Morning reports show a broad lumber strike affecting 30 000 workers with activity in Longview and Port Angeles. Reopened mills like M and M Plywood and camps restarted some 3400 jobs while shingle workers in San Francisco bay area join the walkout. A convention resolved a 50 cent hourly rise and a 44 hour week after talks at Longview among union leaders and employers.
Senator Norris of Nebraska denounces holding companies as rebbers and deceivers in a Senate lecture. He cites charts and outlines the Wheeler-Harburn bill as a remedy, urging swift enactment to address perceived abuses in the financial sector.
The report notes uncertain copper price outlook amid market volatility tied to a dip in demand and production signals. Dr Walter Murphy of Boston and others speak at the Minnesota State Medical Association annual meeting in Minneapolis on June 24 to 25, highlighting industry impacts and potential policy effects.
In the First Judicial District of Montana Lewis and Clark County the court fixed June 17 1935 at 10 oclock am for proving the will of Hyrum Smith Benson deceased and for hearing Guinevere Jenson Menty on letters testamentary. Interested parties may appear and contest the proceeding. Dated June Lage? 1935. Will Valen Clete Deputy Clerk John G Brown William A Brown Attorneys for estate. Pub June 4 June 13 1935.
Washington report shows the treasury found 2130 071 998 in held funds and recorded total government spending of 36 70 204 126, with receipts of 3 386 773 940 during the current financial year. Gross public debt stood at 28 628 985 223 as of May 22.
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