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This newspaper page contains 28 articles. Subscribers can read the full text of each article.

Newspaper

The Montana Standard

Location

Butte, Montana, United States of America

Date

Jun 06, 1929

Page

18

Short Coverings Fail to Sustain Market Rally

Prices faltered as short covering ended and traders booked profits on a light session. Volume was 3,343,860 shares with call money at 7 percent, time money easing near 8 percent, signaling cautious credit conditions amid heavy financing needs and taxation. Commodities softened with wheat, cotton, and sugar dropping, while copper and certain stocks edged higher before fading.

Associated Press New York Steel Trade U. S. Steel Guaranty Trust Company Anaconda Green Cananea Kennecott General Motors Hudson Auburn Coca Cola Fleischmann Royal Baking National Biscuit Safeway Woolworth Montgomery Ward Case Threshing Motor Products General Cable Otis Elevator Transcontinental O. K Liverpool

New York Refineries Quote Sugar Prices Amid Steady Market

Sugar refiners in New York kept quotes firm with fine granulated at 5.00. Second hands traded from 4.80 to 4.45. Futures closed steady with July at 75.750 and Sept at 164. other months shown at 173 and 197.

York

Foreign exchange rates in New York steady on June 5

Foreign exchange quotations in New York show steady demand and rates in cents. Great Britain demand at 4847 and 60 day bills on banks around 4.79 percent. France demand at 290 and cables 3.81. Italy demand 622 and cables 5.23. Belgium 1347 and Germany 22 21 percent.

New York Liberty Belgium Canada Eormany Italy Japan Horwsymestic Corporation Goodrich Goodyear Wee Mont Ohio Pac Utah & L Wilson & Co Youngston S. & T Can. Pac Nor. Pac U. P OOM West Great Britain Dermend Germenys

Butter and Eggs Market Report Chicago June 5 7

Butter receipts fall to 9 585 tubs with creamery extras at 42 to 42 percent. Extra firsts 4147420. Firsts 99 percent 440 percent. Eggs receipts rise 17 226 cases with extra first 25 30e. Firsts 24c ordinary first 27lse storage packed firsts 30 percent of storage packed extras.

Chicago

Wheat finishes slightly lower in Chicago trade

The Chicago wheat market slipped as selling intensified despite farm relief bill progress. Prices closed down about 1 to 3 percent, with corn oats and provisions mixed. foreign markets and emergent relief debates influenced trading and late-session recoveries. Equipment and prices for other grains followed a similar downbeat pattern.

Chicago Washington Senate House Liverpool United States Argentina Congress

Wheat and grain price report from Minneapolis market

Minneapolis grain summary lists Wheat with 158 car arrivals versus 102 a year ago and cash bids for No 1 Northern and other proteins ranging from $1.04 to $1.31. Durum varieties show mixed bids around $1.03 to $1.12, Corn No 4 yellow at 2 8,20, Oats No 3 white around 4 1 2, Rye No 1 at 76 to 87, Barley bid around 51 to 62, Plax Mo. 1 at $2.39.

Advance Rumiley Esoser. Boesch Magneto Amer. International Corp Amer. Pow. & Lite. Com Amer. Steel Foundry American Woolen. Com Wees Amer Zine Anaconda Vous Bel Andes Copper Armour A Archer Daniels Our Betesee Atlantic Refining Atchison Baltimore & Ohio Barnsdall A Bethlehem Steel C Briggs Mig Co Brockway Motors Butte & Superior Calumet Arizona Isovltas Ee Cerro de Pasco Chesapeake & Ohio Great West Chicago Northwestern Chicago Rock Island Com Columbia Gas Org Chrysler Motors Tae Colo. Fuel & Iron Consolidated Gas Sere Continental Motors Wesesenee Crucible Steel Eee Eenl Liu Cuba Curtia Aero Esas Weet Thee Davison Chemical Dupont, New Eaton Axle Epaee Neanel Eaigl Erie Atsa Fox Fleischmann Yeast Aisaoo Freeport Texas General Asphalt Por General Motors Eeeeeene Eh Eeerens Tis T Grea Pailse Motors Sateen Great Northern Pfd Great Western Sugar Greene Cananea Thaeene Nelson Gulf States Aebeeeesles Srt Zomestake Minin Eenesleeserleeeee Owe Sound Seeees Fees Eeesesens ci Whee Hudson Motors Heedeene International Bus Machine International Cement. Com Wand Oi International Comb International Harvester Eeeeene International Nickel Inter Term Tel Ao Snsesene Betesers Kansas Kelvinator Company Kennecott Copper Kroger Grocery Lee Rupber & Tire Loews Inc. Hattersee Eenewaes Lala & Ea Mack Truck Deere Aee Jewwee Maytag Company Seer Si Baeeeest Marlin Rock Wel Oon Sesesccses Asbodtos Wes Fs Abantsas Ee Evs Gases Marland Ol Peewee Teeere Mexican Seaboard Miami Kan Tex Missouri Kan. & Tex Missouri Pacific. Com Missouri Pacific Pfd Montgomery Ward Moon Motors Motor Wheel Teeters Gees Nash Motors National Acme Ween Nevada New Haven New York Northern Pacific Ee Seeeseee Pacific Gas & Elec Packard Motors Eeedeee Mn American Senweee Park Tilford Park Utah Paramount Pamous Pliage Pennsylvania Phillips Petroleum Pierce Arrow Coma Co Ceeenee Postum Cerea Oesewene Enue Seene Redio Corp Keith Orpheum Setee Bereeseseseresere Sonert Reynolds Tobacco Ete Ae Pt. Louis & Ben Prancisco St. Louis & Southwestern Behulte Retail Sears Athine Bhelt Union Geis South California Edison Safeway Southern Pacific Southern Railway Ly Standard Oi Calliurnis TI Standard Oil of New Jersey Stewart Arner Heeee Studebaker Tennessee Cop Texas Corporation Texas Gulf Texas Pacific Coal & & Oil Texas Pacific Land Trust Union Pacific Alee Esedesene United Aircraft Obrasapege U. S United States Rubber United States Smelters St United States Eaetegee Sd Seeeuetee Sa Hi Utilities Power & Lite United Corporation v Vanadium Ae Warner Bros. Pict.las Art White Motors Atao Willys-Overland Woolworth New Wright Aero Total Sa Notte Minneapolis Minn Montana

Unclear Market Data Reported From Seattle

Fragmented stock and commodity figures appear from Seattle market notes with mixed percentages and odd tokens. The readable items include a few prices such as 1.08 and 1.13 and references to months and percentages, but many words are garbled.

Copper and metals markets steady in New York notes

Copper quiet in spot and futures at 18c. Iron and tin hold steady. Lead at 7c spot and 6.80c in East St. Louis. Zinc steady with East St. Louis spot and futures around 6.55 to 6.60c. Antimony at 8.87c.

New York East St. Louis

Spokane list shows varied mining and trading firms in June

Spokane list dated June 5 reports names of numerous firms and commodities with percentages and figures. Mentions include Noble Five Const ex 37% 42, Goldsmith 5%, Silversmith 18, Koot Flor 12, Hypotheek Standard 100, and Lookout M 17's among others, reflecting a dense roster of business entries and prices.

Spokane Logan Dick Cns Reeves Mo Rich Yuk Qiadstone Ruth Hope Goldsmith Gherm Lead Q Golconda Sidney Jrandview Silversmith Meoca seeess \Slocan King Mighland WW .Ay Siocan

New York Curb Oddities in June Market Report

June market wire from New York shows mixed bid asks and varied percentages across several commodities and symbols. The report lists numerous items with bid and asked figures and percent changes, reflecting trading activity and price movement in a broad set of listings.

STANDARD OILS Bid Quotes From Various Regions

A fragmented financial snippet lists bid asked and percentages for Anglo Galens Til Pipe and related items across multiple regions and indeterminate dates. Entries include Penna Ohio and others with percentages varyingly shown, alongside Vacuum entries and Imperial values.

Lowan & Bryan Anglo Galens Ind Ohio Pete Kansas Imperial

Boston Stocks Market Snapshot

Boston stocks report from June 5 lists bid and ask quotes for multiple securities including Bing M, North Butte, East Butte, Quincy, Bay Hancock, Swift Co, Island O'k Beach, Mason Val, Utah Apex, Mass Cna, Uteah Met, Mayflower, Victoria, and Mohawk. Trading ranges show small percentage changes with varied liquidity.

Boston Logan & Bryan Bing M Sprising M Cop Range North Butte East Butte Quincy Bay Hancock Swift Co Island O'k Beach Mason Val Utah Apex Mass Cna Uteah Met Mayflower Victoria Mohawk

Boston Curb Racing Summary Figures and Prices

Boston June 6 reports mixed race prices and odds list for multiple horses and drivers. Entries include Bidmee Bid Alarver 30 before 85 Ardsley 687 Gadson 11 Blackhawk 45 50 Houghton 10 with various odds such as Ohio Cop 1% Calavaras 6 Ghattuck 1% and Shea Cop Cons 10 10% Billy Dyke Crystal CO Erupcion Verde Con 1%.

Boston Logan & Bryan Ardsley Gadson Blackhawk Houghton Boston Ely Iron Cap Butte Cop Ohio Calavaras Ghattuck Crs Shea Billy Dyke Crystal CO

Call Money Rates Steady In New York Trading

Call money steady at 7 percent all day. Time loans ease with 30 days at 8.5 percent and 60 to 90 days at 4 percent. Four to six months loans at 4 percent. Prime commercial paper at 6 percent. Bankers acceptances unchanged.

New York

Grain Prices and Receipts from Portland Market

Portland June 5 Wheat prices listed for Bee Herd White 1.23 Soft White 1.06 Western White 1.06 Hard Winter 1.02 Northern Spring 1.02 Western Red 1.02 Totley reports car receipts wheat 68 flour 11 corn 10. market notes indicate fluctuating values.

Portland Totley's

Grain Markets Mixed As Trade Quotes Rise Slightly

Wheat advances about 1 percent while corn climbs 1 to 1.5 percent. Flax remains steady and oats show little change amid ongoing market activity.

Wheat and corn futures rise at Liverpool close

Liverpool market reports wheat up 2 to 2 1/2 cents and corn higher on the close as of June 5.

Buen Liverpool

Pythians Elect New Set Officers

Anaconda Montana June 5 Special Roy A Michaud reelected as chancellor commander of Montana lodge No 13 Knights of Pythias. Lee E Davidson and George E Mathrope named as representatives to the grand lodge with alternates D A McFarland and Arthur Fortier. Other officers elected for the term include E R Schwartz vice commander Joel C Altimus prelate and more. The supreme court of South Africa has decided that judges salaries are taxable.

Lee E. Davidson William Sander T. A. Godby Alex L. Smith Pete Liddell G. G. Altimus Matt Schalk

Policy aims and global notes shift toward credit control

The piece argues the Fed boards aim to ration credit rather than lower rates to boost speculative lending, urging open fiscal discussion to restore public confidence. It also notes Britain’s evolving empire, Rhodes’ vision, and new aviation funding and speedups in trains and airports shaping the era.

Federal Reserve Federal Reserve Board E. H. Simmons New York Stock Exchange Federal Reserve Credit Olicies Mr. Simmons Esme Howard London Esme Cecil Rhodes Commonwealth of Free States Canada Australia New Zealand Great Britain Lausanne Turkey Locarno

Potatoes Prices and Shipments Reported in Chicago

Potatoes receipts mixed with new stock trading fair and steady in Chicago on June 5. Alabama and North Carolina prices noted for Bliss Triumphs and Bilas Triumphs at high values, while Idaho Russet and Wisconsin Round Whites show firm to slow activity amid overall market steadiness.

Chicago USDA Alabama Bliss Triumphs Georgie Bilas North Carolina Wisconsin Idaho

Cattle Market Weak to Lower Across Regions

Chicago reports weak cattle bids with hogs at mixed gains and higher butcher weights. Denver and Omaha show steady to firm trading on cattle and calves, with hogs strong in South St. Paul and Omaha markets, while sheep demand remains active in spots.

Cattle and Calves Market Report From Kansas City and Portland

Cattle and calf prices appear mixed with steady to weak bids for various classes.Kansas City buyers show slow market with heavy overweight steers and yearlings trading weak to lower while choice lots hold. veals and calves slow, packers short on loads. top figures around 151872 pounds for yearlings, 14.90 per cwt for some lots. Portland trading described as minimal with no early activity. hogs steady with some lighter trucks at 12 dollars. killing steers at 11 dollars. sheep absent or steady.

Chicago USDA Lamba Good Choice Ewes Denver Omania Omama UBDA Kansas City Kanbab City Pteera Arizona Portland Butehorn

Cattle and Hogs Steady on Spokane Market

June 8 Spokane market reports cattle 180, hogs 326 steady with receipts 326 sheep 7 unchanged. June 6 Beattle notes cattle 110 steady hogs steady with 326 receipts and 669 sheep receipts recorded.

Beattle Beattle Hogan Spokane

Poultry Prices and Arrivals Reported in Chicago

A skeletal Chicago poultry listing shows alive fowls and fowl receipts with prices for broilers at 40 cents, roosters 20 cents, turkeys at 22 to 40 cents, spring ducks and geese noted. Volumes appear as coded figures such as 224200.

Chicago

Rancher Severely Injured by Holstein Bull Near Hamilton

L. J. Nordheim, a rancher from Hamilton Heights, was severely injured at his ranch when a dehorned Holstein bull knocked him down and gored him, breaking several ribs and crushing the chest. He is in serious condition at home. The incident was reported from Hamilton.

Hamilton L. J. Nordheim Hamilton Heights Nordheim

Hosiery Industry Shifts Toward Full Fashion Demand

An analysis of hosiery trends notes a 1920s shift from seamless to full fashion stockings driven by skirt styles and price. Mills expand to meet demand, while fashion changes and lower silk costs influence profits and production, with market uncertainty ahead. John F. Sinclair invites readers to submit financial questions.

Montana John F. Sinclair

Boston Wool Market Report Shows Firm Prices

Boston wool traders report rising movement with sales concentrated in fine grades above 56s while demand remains scattered for 48-60s. Prices hold across most categories though some medium fleeces drift slightly softer and certain 66-608 ranges show firmer quotations.

Roston

Flour price quoted in wholesale district at six seventy

The report notes flour trading in the wholesale district yesterday with a quoted price of 6.70 per unit. Local buyers watched as the market showed a firm stance on supply and pricing amid broader commodity moves.

Hansen Packing Co

Also Mentioned on This Page

Butte By Claude A. Jagger John P. Boughan Timothy Bryan Wire Low Paas Minneapolis Grain Seattle Grain Seattle Brian Wire Big Bend Metal Market CURB Pantepet Hattuck D Marcona Niles BP Montana Brock and Send Co Ardsley Butte Basin Montana Tunnel Co Albertana Butte Butte Copper Butte Hill Jardine Mining Teeters Kevin-Sunburst Corp Liberty Montana Bessee Nethart Gilver Queen City U. S. Petroleum Unite Standard Oils Boston Curb Portland Grain Buenos Aires Pythians The Supreme Court of South Africa William E. Arthur Austin Company Cleveland Arthur Oakland Cal Harold A. Burch Paddington Plymouth Westbury Taunton Exeter Booth &T. Paul South ST. Paul South Dakota Bermuda Leipzig Germany Brookmire Economic Service Co- Operating Oveyright North American Newspaper Alliance Boston Wool Montana Gema Montana Whites Metals Bank and Trust CO Indivco Logan & Bryan Brokers Finlen Butte
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