Uncertainty Over Washington Acts Dampens Market Decline
Market activity faltered as tax developments in Washington and profit taking sparked selloffs in blue chip stocks. The Associated Press reported declines across higher rated issues, with the Dow down and industrials under pressure, while the rally held modestly in select groups amid mixed economic signals.
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New York
Washington
Century Club
Bears
Grain market notes with mixed futures and weather impact
Chicago and Minneapolis reports show wheat futures mixed as prices drift slightly higher for wheat and lower for corn on expectations of late autumn harvest progress. Weather delays and ongoing harvest improvements in the western winter wheat belt support wheat while rain clouds steady corn futures. barley and oats also move on market sentiment.
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Chicago
Jace
Tiverpool
Jonny
Flarley
Muirneapolin Gasil Minneapolia
el Bert. Alec
Teo
Altec
Onis -No
Hariov—atn
Pac
New York Exchange Quotations From Associated Press
Quotations from the New York Stock Exchange provided by the Associated Press indicate a subset of changes. Shipments show totals around 3989 with price notes near 18.0 to FIR. Additional lines mention Engh Calm No. 2 white and other fragmented entries.
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NEW York Stock Exchange
Associated Press
Bond prices and market notes from New York and overseas
A fragmented financial column notes closing bond prices in New York and international listings. It references Liverpool advertising dates, spot markets, and various exchange items, naming firms and regions such as Western Austria, Winnipeg, and Alfred Herkimer, with scattered mentions of Michigan and Great Lakes interests.
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Johnson to lead New York City relief works program
General Magh Johnson was named to run New York City federal work relief, becoming the city’s Works Progress Administrator. He returns to government service with no pay, drawing only $25 per diem, and will work four days a week until October 1 unless extended. Mayor LaGuardia pressed for his appointment, aligning with President Roosevelt’s wishes.
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Bank Insurance Act Sparks Senate House Dispute
Washington reports a clash between Mouse and Senate banking leaders over a potential one year extension of the bank default insurance. Roosevelt administration aims to speed a centralized credit control bill, while House critics hint at a longer extension or altered form.
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Livestock market summaries from multiple western cities
Cattle receipts cited for South St. Paul Chicago Omaha and Spokane with prices showing declines in bids and steady to higher cattle, calves, and hogs. Receipts in Kansas City Portland Seattle and other markets also noted with varied demand and top prices listed.
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Tourniquet Saved Man After Hand Injury at Work
Billings June 25 a tourniquet saved Stanley Smith a brick company worker after his right hand struck a widow pane during a scuffle with coworkers cutting an artery. Dr Ert M Parr said without the tourniquet the man would have bled to death in about 15 minutes. His condition improved after treatment.
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Billings
Stanley Smith
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Ert M. Parr
An Foo
Navy Bill Signed by Roosevelt With Naval Funding
President Roosevelt today signed the Navy appropriation bill providing a recent pendetime fund for naval construction. The action follows ongoing defense priorities and supports shipbuilding and related military programs as outlined by the administration.
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Waatington
Juana
Roosevelt
Bozeman Sets Heat Mark Amid Record Temperature
Bozeman records a new high for the year as the thermometer hits 85 degrees on June 25 1935 with a calmipat breeze keeping the heat steady. Montana State weather observatory notes this tops prior marks by a margin. A separate note from Deer Lodge reports no crowding at the state penitentiary as prisoners are reassigned to prevent congestion. Berlin reports Otto Pelzer the famed German distance runner jailed for 18 months on morals offense charges.
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Montana State Penitentiary
Austin Middleton
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