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Newspaper
Helena Independent
Location
Helena, Montana, United States of America
Date
Jun 29, 1933
Page
3
Financial news notes a wobbling dollar and mixed trading in street markets. Grain prices swing and equities open higher before profit taking trims gains as foreign exchange shifts with sterling and francs moving on speculations.
A distorted report describes severe market turmoil in grain trading. It notes fluctuating wheat values, lingering fear over a new administration’s tax and farm policies, and a broad belief prices may have topped for the near term amid unsettled foreign exchange factors and general market instability.
AP sourced quotes show wheat futures rising on drought fears and corn futures firming amid demand shifts. Comereal notes list Bid prices, futures, and regional grain movements. Fort Morgan guards arrest two soldiers in Cheyenne theft case described in a brief edit.
Trade observers report rising demand across chemicals, zinc, and related sectors. Industry signals suggest continued higher prices and stronger consumption into the near term, with tire, paint, and lacquer makers particularly active.
An OCR readable business roundup lists various energy, mining, and manufacturing firms with partial figures and entities like American Gas and Electric, Arkansas Nat Gas, Consol Copper Mining, Ford Motor, Mountain Producers, Standard Oil, and United Verde. It mentions percentages and stock or price notes for several names though many items are garbled. The fragmentary data suggests a market brief detailing corporate names and some quoted percentages without a single cohesive story.
Chicago market notes show potatoes trading slow with supplies moderate and new stock around 560 units. Virginia Cobbler prices range 4 to 25 dollars, Arkansas Oklahoma and Triumphs 220 to 240, Wisconsin whites 160, butter and eggs sections list creamed scores and graded varieties with mixed demand. Portlen Oregon June 25 reports a 20 percent tariff cut at municipal terminals to boost shipments, effective July 1, with wharfage kept at 26 cents and most charges reduced 20 percent.
London June 24 Australian high commissioner Bruce signals a possible path to joining the United States Canada Argentina in a wheat acreage reduction scheme. Delegates to discuss a unified text with Australian states and European allies, with four power talks resuming tomorrow to secure broader cooperation in limiting world wheat output.
Across Chicago Omaha Kansas City and Spokane reports show cattle and hogs trading mixedly with buyers selective. Calves feeders and cutters hold uneven values while heifers and yearlings show modest gains or steady prices amid varying demand. Sheep and lambs remain soft in spots as markets inch toward late June.
Fragmentary OCR displays old Montana newspaper boilerplate and advertising notice. It mentions Helena Montana postal handling, 1866 establishment, Prudden King offices in New York and San Francisco, Associated Press affiliation, and ad rates two cents per word with monthly minimums.
For sale items include a Tri modern house priced at 3900 cash. Miscellaneous listings offer two used total furnaces, old potatoes at 1 per Mundred, a hotoint clegtris vanse reagonevle, and a cas at boring chlekena with heavy reed. Also listed is a 225 pound lamping, and a Trearignt near Hast Helena cop int.
Masonic meetings listed for Helens Lodge, Soh and King Solomon’s Lodge with dates in June and September. Apartment rentals cover Furnish, Tolnauion, Helena and surrounding blocks with numerous 1 to 3 room units and phone contacts.
Berlin reports indicate Chancellor Hitler plans to inform President von Hindenburg tomorrow of a new government course after the withdrawal of Alfred Hugenberg and the dissolution of his nationalist party. Political circles say the president weighs a nationalist majority cabinet while seeking Hitler's next steps and future program.
Consolidated Securities Co reports mixed market activity with early wheat dip ignored as stocks climb. Sterling surges amid currency instability fears, prompting profit taking at session end. calls for gold standard abandonment surface but remain speculative. News from Winthrop MITCRall & Co notes disease fears in a northern town and an insect outbreak comparison, while commodity prices show limited changes with copper and other metals steady.
Speech by General Frank Hines to Disabled American Veterans endorses a fair deal and restoration of disability benefit cuts. National Commander William Conley pledges 109 percent support for the President while urging dignity. Delegates approve resolutions to restore $700 monthly total disability payments and related medical care provisions.
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