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Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Jun 01, 1949
Page
12
Wheat and rye declined sharply on Tuesday's Board of Trade with losses up to 5 percent at times as reports of bumper southwest yields and Kansas City cash grain weakness weighed on markets. Near finish, wheat fell 2 to 3 cents, corn 1 to 2 cents, oats about 1/6 to 1 cent, rye 3 1/2 to 4 cents with some short covering late.
Spokane quotes show First Bank at 17.25 bid and 17.37 asked while Northwest Banco bids 22.50 and asks 22.87. Montana Power lists a 6 dollar bid with 116 being asked 118, North Butte Mining bids 32 and asks 35. The market shows diverse intraday bank and mining quotes with small interbank spreads. 30
Clue list shows multiple definitions for sweet potatoes bark of mulberry wicked valued stone shafts for water masculine nickname ever poet disease of plants conjure cherish animal epoch filled solemn wonder light steps edge of roof small wrist wool eating tired insect metallic like fish hook splash wild ox vein of ore branch
A list of mid sentence clue fragments and definitions including animal terms, body parts, daily items, and directional hints. The garbled entries mix obscure crosswords style prompts with partial phrases like Parasitic Period of slumber and Evening sun god Egypt.
New York reports Tuesday losses as the Associated Press index falls to 60.8 the lowest since March 16 last year. Trading reaches 1,240,000 shares with 872 declines and 76 advances as steel production cuts press on and several major stocks slide including U S Steel Bethlehem Steel and General Motors.
A scrambled financial note lists multiple corporate names and percentages, including Alum Co of Amer, Bellanca Aire, Ford MCanA, Hecla Min, Kingston Prodiporiate and others. The text appears to be a closing market tidbit with assorted company references and fractional values.
Minneapolis May 31 report shows flour in 100 lb cotton sacks with family patents price 30 cents lower at 6 dollars 30 cents. standard patents unchanged at 5 dollars 45 cents. Shipments total 1 860 units with Standard bran 1 dollar lower at 50 dollars.
Communist agent Gerhart Eisler arrived in Prague claiming persecution in the United States and blasting Attorney General Tom Clark as a fool. He celebrated escaping extradition from Britain after being freed by a British judge and said he preferred life in democracies to the United States. He accused the U S Justice Department and Clark of persecution at the urging of the House Un-American Activities Committee.
A fragment references Indiana's state motto Crossroads of America followed by an incomplete quote. The readable portion does not provide additional context or event details to expand the item.
New York on May 31 reports wool tops and futures steady as Boston buyers hold, while Sydney auctions show higher prices with Russian participation. Private cables note moderate Continental interest and sizable estimated sales of 160000 pounds for tops and 12000 for futures.
Cattle salable 4,500 calves 2,000 slaughter cattle steady to 50 cents higher. Steers and heifers strong with loads at 1 230 pound and 1 062 pound mixed yearlings at same price. Hogs 1,500 salable bids 75 cents to $1 higher, 240 pound barrows at 21.75 to 22. Sheep 1,500 salable with lambs steady and pelts values around 28.75 to 32 for 103 pound old crop wooled lambs.
Sioux City market report shows cattle demand active with price gains 25 to 50 cents for steers and heifers while cows stay steady. hogs reach higher bids with good and choice 180 to 270 pounds at 21.50 to 22.25. sheep selling shows demand steady with prices not established. Readable figures include steer and heifer loads, bulls, yearlings, and stockers across weight ranges.
Minneapolis grain market today shows mixed prices with wheat receipts at 989, cash No. 1 dark northern around 2.10 to 2.15 per bushel, No. 2 yellow corn about 1.18 to 1.20, oats No. 3 white 0.56, flax No. 1 near 3.65, soybeans arriving at 2.12 to 2.13. Prices reflect light declines in wheat futures and varying discounts for grade and protein levels.
Chicago May 31 butter weak and nervous with two day receipts totaling 1,599,243 and prices 4¢ to 1 le per lb lower. AA 93 score 59c, 92 A 58c, 90 B 46c, 89 C 53c. cars 90 B 56.5¢, 89 C 53.5c. Fees steady with 529 day receipts 27,171 and mixed U S standards values around 42–48c.
The Chicago market notes USDA potato arrivals and shipments with supply moderate and demand good. Whites are slightly stronger while reds hold firm. Prices listed include Alabama Bliss Triumphs at 5.50 to 6.25, Arizona Bliss Triumphs at 6.10, California Long Whites from 4.15 to 4.50, and Pontiacs at 5.40 to 5.65.
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