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Newspaper

The Montana Standard

Location

Butte, Montana, United States of America

Date

Jun 01, 1938

Page

9

Butte Market Declines Persist Amid Washington Woes

May 31 report shows continued gloom in business and industry weighing on stocks. Steels led the early retreat as wage hour debate and reform bills chilled speculative buying. transfers totaled 404,060 shares. Rubber futures rise on export quota cut. oil prices slip. auto demand weak. rails hold as wheat shipments loom.

Frederick Gardner New York Washington Associated Press Wall Street London International Regulations Committee

Money Rates Report From New York on May 31

Call money steady at 1 percent all day. Prime commercial paper 1 percent. Time loans flat for 60 90 days at 114 percent, 4 6 months at 112 percent. Bankers acceptances unchanged for 60 90 days, 7/16 percent for 4 months, 9/1642 percent for 4 to 6 months, rediscount rate at New York Reserve Bank 1 percent.

New York N. Y. Reserve Bank

Colony of Scientists at Lick Observatory Mark 50th Birthday

A mountain top observatory near San Jose California prepared for a 50th anniversary celebration led by Director W H Wright. The University of California facility funded by James Lick houses the 12 ton refractor and other instruments while researchers explain long term projects spanning decades. The observatory aims to map stars with the 26 inch telescope and the new 20 inch astrographic instrument, expanding star catalogs into hundreds of millions.

San Jose Cal Lick Observatory W. H. Wright University of California James Lick San Francisco

Minneapolis Grain Market Report May 31

Wheat receipts today totaled 157 cars, up from 118 last year, with trading bases steady to mixed. Minneapolis July futures quoted 5 to 20 cents under or over, cash prices for No. 1 heavy dark northern at 86 3/4 to 87 3/4, No. 2 around 82 1/2 to 83 1/4, and No. 3 near 78 1/2 to 80 cents. Corn No. 3 yellow at 51 cents, oats No. 3 white about 28 to 24 cents, barley 33 to 68, rye No. 2 around 48 to 53 cents, flax No. 1 at 1.71 to 1.76, sweet clover seed 5.50 to 6.00.

Minneapolis Snewee Vnneee Annem Seeeenee

Foreign Exchange Report From New York May Thirty One

The New York market lists British demand 4.9415 with cables 4.9415 and 60 day bills 4.94316. France demand 2.78 with cables 2.78. Italy demand 5.26 with cables 5.2644. Belgium 16.90 Germany 40.18 benevolent 21.40 travel 23.90. Montreal in New York 98.90 percent, New York in Montreal 101.09 percent.

New York Great Britain France Italy Belgium Germany Montreal

Wool Futures Edged Lower Amid Broad Market Selloff

In New York on May 31, wool top futures slipped as active selling followed weaker foreign cables. Roubaix and Antwerp prices fell, with futures closing unchanged to modestly down. July 72.50 to 72.80, October 73.06, December 73.7, March 73.8. Spot standard tops 76.5, unchanged. (b-bid.)

New York Roubaix Antwerp

Sugar prices hold steady in New York market

Sugar prices in New York on May 31 remained unchanged at 45594.65 cents per hundredweight for refined fine granulated sugar with light withdrawals reported.

New York

Chicago Produce Prices and Grades Report

Chicago May 31 butter and eggs market figures show several grades and scores. Butter lists 1 717 797 pounds with 93 score extras 25 c and 24 c firsts 88 89 score. eggs total 39 142 cases with fresh graded extras 19 20 c and local firsts 19 18 c.

Chicago

Drought in Paraguay Triggers Cattle Imports from Argentina

Paraguayan authorities report drought forcing import of cattle from the Argentine Chaco region to meet livestock demand. Officials monitor prices and supply chains as ranchers adjust herds and trade flows amid water shortages.

Paraguay Argentine Chaco

Roosevelt Plans Sea Voyage to South America

President Roosevelt said he would leave in early July for a proposed sea trip to South America and emphasized he very much wants to undertake the voyage.

Washington Roosevelt South America

Radio receivers to be installed in all British prisons

The plan calls for radio receiving sets to be installed in every British prison. The move aims to improve inmate communications and provide access to news and information across the prison system.

Butte Hog Market Quotations Released

Butte hog prices are listed by weight categories with bids in cents per pound. Quotations show 160-200 Ibs at 8 14 cents, 200-225 Ibs at 225-250 Ibs at 8 cents, 250-275 Ibs at 7% cents, 275-300 Ibs at 7 14 cents, 300-325 Ibs at 7 cents, and 325-350 Ibs at 7 cents. Sows and stags run 5 to 6 cents.

Death of James McSorley in Omagh from yew leaf ingestion

James McSorley died in Omagh after eating yew leaves. Local authorities have confirmed the cause as poisoning linked to the plant.

James McSorley Omagh Ireland

Quotations for cattle and hogs rise in Chicago market

In Chicago on May 31 the cattle complex shows higher quotes with calves at 2.50, steers and yearlings up to 115c, top cattle at 10.40, bulk over 10.50, yearlings to 9.00, heifers up 10 to 15c, cows stronger. Hogs total 21,000 head, 10 percent lower in some ranges. 170-260 lbs 8.60-8.90, 270-350 lbs 8.40-8.65, sows 7.65-7.90, lighter butchers 8.00-8.15.

Chicago USDA California

Denver cattle and hog market report May 31 1937

Denver cattle and hog market report shows 2,700 calves and 200 heifers steady to 10 cents higher with top cattle at 10.50 and beef steers around 8.50 to 9.00. Cows down to 6.25, bulls 6.75 down, mixed yearlings 9.40, 22 year old feeder heifers 6. Hog prices weak to 10 cents lower with 150-260 lb at 8.65 to 8.75 and 250-310 lb at 8.50 to 8.70. Sheep receipts 10,200 trucked-in lambs steady. native springers 80.50, shorn lambs 7, shorn yearlings 5.60, shorn ewes 3.25.

Denver California

Spokane Market Report May 31 Cattle and Hogs Prices

Spokane Washington cattle lots quote 573 head unchanged for good to choice steers at 8.50 to 8.75 with ranges 5.25 to 7.25 for lower grades and up to 7.80 for heifers. Stockers and feeders varied 5.50 to 6.50, calves 7.50 to 8.50. Hogs 272 head with feeder pigs up 0.26, sows 6.25 to 6.50, weights 160 to 225 priced 8.40 to 9.60, over 230 pounds 7.50 to 8.10. Sheep 19 unchanged. choice spring lambs 5.75 to 6.25, yearlings 3.74, ewes 1.75 to 2.75.

Spokane Wash USDA

Portland Market Report Shows Mixed Cattle Hogs And Sheep

Portland buyers record steady cattle with calves around 2 500 head. best grass steers at 8.00, heifers at 8.00, cows above 6.25 and bulls 6.50 to 6.75. Hogs 1 700 head steady with drive in 8.25 to 8.50, sows weaker, feeder pigs up to 8.50. Sheep 1 500 head active with spring lambs 6.25 to 7.65” and slaughter ewes about 2.73.

Portland USDA

Seattle Market Report May 31 Livestock Prices

USDA cattle prices show steady to higher values across steers and heifers with good to choice cows and bulls listed. Hog quotes rise slightly with varying weights, while sheep offerings show steady to unchanged prices for choice lambs and yearlings.

Midland cattle and hog markets mixed in Bioux City report

Cattle for 4 200 head calves 150 steers and yearlings steady with prime cattle around 9.65 bulk 8.00 for lighter weights fat stock steady to 25 cents lower good and choice cows 6.75 to 7.50 others 5.50 down stockers scarce lightweights 7.50 to 8.00 vealers 8.50 top. Hog bids steady to 10 cents lower 180 to 250 pounds 8.35 to 8.50, 259 to 280 pounds 8.10 to 8.35, sows 7.40 feeder pigs 8.50 to 9.00. Sheep 2 500, fat lambs stronger with springers above 9 and fed clippers above 6.75. slaughter hogs salable 3.26 down.

Bioux City UBSDA California

Cattle Hogs and Sheep Prices From Ogden Market May 31

Cattle 449 calves sold slow to steady with good lights above 7.75 and common to medium around 5.50 to 6.75. Good heifers 7.50, common to medium 5.75. bulls 4.50 to 5.25. Vealers 3.60 to 9.50. Feeder steers 6. Hogs 180 to 270 pounds 8.25 to 8.80, light hogs 8.40 to 8.80, sows 5.75 to 6.50. Sheep 11,130 no early sales. Last week’s close included California spring lambs at 8.10 and Idaho spring lambs at 8.25.

Ogden USDA California Idaho

Flour priced at 6.10 at Butte Market yesterday

The Butte Market yesterday quoted flour at 6.10 per unit. Local shoppers saw the price as the day’s standout staple cost.

Butte

Metal Prices Hold Steady In New York Markets

Copper steady at 9.0 cents spot and 8.62 cents ex port. Tin firm at 36.87 to 36.92 cents. Lead steady near 4.00 to 4.05 cents in New York and St. Louis. Zinc steady at 4 cents. Pig iron No 2 fob prices rise to 25 dollars in Eastern Pennsylvania and 24 in Buffalo with Alabama at 20. Aluminum virgin 99 percent at 20 cents. Antimony spot 14 dollars and quicksilver around 81 to 82 cents. Platinum pure 33 dollars. Wolframite 16 to 18 dollars nominal.

New York St. Louis East St. Louis Pennsylvania Buffalo Alabama

Curb Market Edges Lower As Trading Quiet in New York

May 31 New York curb stocks drifted lower after early hesitancy. Fractions of points moved prices with Aluminum Company of America in the industrial group down about 2 points. Aircraft issues steady. Gold shares firm in mining. New Jersey Zinc Newmont and Consolidated Copper mines show moderate losses. Oil leaders higher while American Gas and Electric declines about one point.

New York Aluminum Company of America New Jersey Zinc Newmont Consolidated Copper Mines American Gas and Electric

Wheat Rebounds After Sharp One Day Decline

Chicago wheat futures steadied after a sharp drop that hit five year bottom-price levels. Traders cited export buying from North America and a Winnipeg May delivery bulge as factors supporting a late-day rally while predicting the 1938 U S wheat crop would be the largest on record.

United States North America Chicago Winnipeg

Market Update on Colorado Potatoes and Car Lot Sales

Denver May 31 44 USDA reports potato shipments from Colorado over the weekend show 4 46 1 cars moving with liberal supplies and fair demand. Market firm with California White Rose and Triumphs varieties selling at about 1.90 1.85 and 2 dollars per car, on track Tuesday.

Denver USDA U. 8 Colorado California White Rose

Omaha Market Report May 31 Cattle Hogs Sheep

Omaha daily market summary shows 8500 cattle 6500 hogs and 6500 sheep. Best steers and yearlings steady with top cattle around 9.50. hogs top near 8.60 with varied weights. Fat lambs trading easier while feeding lambs rise, California lambs bid 8.50 down. Sows and cutters quoted, stockers steady, several price ranges listed.

Cattle Hogs Sheep Market Report From South St Paul

May 31 cattle 4 000 head slaughter steers and stockers steady fed steers 8 50 9 35 heifers 7 50 8 50 beef cows 5 75 6 50 cutters 4 50 5 50 bulls 5 50 6 25 stockers 5 50 6 75 calves 3 000 weaners steady 7 50 8 50 hogs 4 500 steady 140 260 lbs 8 20 8 40 260 300 lbs 8 90 8 25 big weights 7 70 sows 7 40 7 65 stags 7 97 7 75 pigs quotable 8 50 9 50 sheep 1 500 undertone steady good to choice clippers last week 7 17 25 few springers Saturday to 9

South ST Paul South ST. Paul

Minneapolis Flour Prices and Shipments Report

Minneapolis May 31 flour prices for carload lots in 98 pound cotton sacks show Family patents at 5.25 to 5.45 dollars and standard patents at 4.70 to 4.90 dollars. Shipments total 18,972. Bran priced 16 to 16.50 dollars.

Minneapolis

Chicago Potatoes Report Drivers Market Variation

May 31 Chicago USDA potato price snapshot shows mixed regional quotes with California steady to firm, Louisiana and Alabama around $1.85 to $2.10 for U S No 1 sizes. Idaho Washington Minnesota markets listed with Russet and Round White varieties priced from $1.45 to $2.05, old stock firm amid moderate supplies and slow demand.

Chicago USDA Southern California Bliss Louisiana Arkansas Alabama Mississippi U. S Louisiana Cobblers White Rose Bliss Triumphs Idaho Russel Burbanks Washington

Seattle Produce Market Report May 31

Seattle wholesale items list butter eggs and cheese with prices and scores from the Seattle Exchange. Butter ranges 89 to 92 scores with 23 to 30 cent quotes. eggs list large extras and mediums with 2 cents per item. cheese triplets at 13 cents and loaf at 14 cents.

Seattle USDA

Also Mentioned on This Page

Butte Quotations News of the Market and Financial World India Rails Arts GOW Ccs Boo Day New York Stock Exchange Eeeseeeewe Alaska Juneau Feeno Heo RE Harvester Ovine A Cry Sugr Libby O Amer Loco Myers B Am. P.L Lowes Louisville G.E Erry Steel Fdy Ae Servi Ee Seerees Marshall Field Matheson McKeesprt Miami Copper Ana. W. & CO Mid Ward Armour Co Atchison Atlan, Refin’g Sealeemna Murray Corp Auburn Auto Oe Ses Nash Kelvitor Feneenee Baldwin Nat'l Cash Nat'l Dairy P Barber Co Nat'l Distillers Barnsdall Bethlehem St Bohn Alum En North Pac. Ry. TW Borden & Co Samant Borg & Warn'r Ohio Oil 999 Brad Owens II Pacific Light Byers Park Utah Campbell J. C. Penney Canada Dry ORR Petro Corp Phelps Dodge Phillips Petrol Celanese Corp Proctor G'mble Heenee Cerro de Pasco Pub. Serv. N. J Pullman C Chesapeake C. M Eanianttin Deaeiesammaie Treneeeee C. M Republic Steel Congo Nairn Sears Roebuck Simmons Co Tote One Cal Edison Eee Detroit Edison Douglas Air 417 Eastman Kod'k Aueniue Studebaker Eaton Mfg Henan Renee Ene Anes Sunshine Mine Mies, Avtone Ace Swift & Co Aeeneeret Elec Texas ‘Corp Transamerica Fox Fewedesi Qapenge Ovsebeeches General Foods Union Carbide Ibe General Mills Union Pac FED Gen. Motors Sateen Mneeee United Air Transee Renee Weseerte Gen. Ry Sig Oserrueree United Aircraft Gillette Haxtet United Corp United Drug Alleghany Goodrich Someren United Fruit Goodyear T.R. Cee St P & Pac West Sug Keene Saw U. S&s Goodrich Houston Oil Cere Hudson Bay Westinghouse Texas Corp Serene Hupp Motors Wilson Utah P & L West Union Lgium Brazil Canada Chile Japan Ieee Mountain Peak Montana Wool Futures Sioux City Salt Lake Mines The United Press Salt Lake City Alta Tun Naliidriver New Park Cardiff Quincy Colo Coni Ohio Croff Nelson Prem Utah Fka Bul Plumbie Fka L Eka Mines Swan Con Kennebec Tintic L Keystone Moscow Wilbert John P. Boughan Alum Co Amer Airlines Amer Cy B Amer G & E Spears Tee Ark Nat Gas Carib Syn Carrier Corp Ford M Ltd Leeson Gulf Oj CNRS Louis L & Ez Nia Niles Bem Novadel Seiberling Seenon Omaha Montana Stock & Bond Go Bid Ardsley Butte Mines Ee Azurite Basin Goldfields, Ltd Eee Nee Basin Montana Tunnel Co la Butte Copper Coal Mines Butte Highlands Mining Butte Mines Holding Co Butte Weat Bide Cojanas Dike Chester _ Corp Trust Corp Trust Fureka Oo Sen Senda Fairview Gold Sane Golconda Grandview Reesc En Ee Golden Jack Walte Ae A Acca Ee Nnr Prtoing Beim Icenccimeotiacsanen Liberty Montana Ed Marietta Mng & Ming Metaline Mng, & Leasing Montana Coal Mines Montana Power Morning Glory Mines Moscow Silver Mines Oom Mountain City Copper North Butte North Liew Ofelle Cicqenmenmana Polaris Cateersite Standard Silver Lead Sunshine Mining Ve Sunshine Consee Virginia City Gold Mining Virginia City Mining Woosburge Mining Ems Ye Walker Mining i
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