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The Montana Standard in Butte, Montana

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Newspaper

The Montana Standard

Location

Butte, Montana, United States of America

Date

Jun 06, 1934

Page

10

Stocks Jump on Inflation Fueled Buying Wave

New York June 5-7 Stocks moved forward with commodities to day as a general buying wave swept into speculative markets Inflationary urges stirred dormant speculation into a life again. Metal shares led the advance with American Smelting U S Smelting Dome Mines McIntyre and others adding to gains.

New York The Stock Exchange Allied Chemical Santa Fe J. I. Case American Telephone American Tobacco B Bohn Aluminum & Brass Chrysler General Motors General Electric Ilinois Central Delaware & Hudson Nash Motors Montgomery Ward Sears Roebuck U. S. Rubber Goodyear U. S. Steel American Smelting U. S McIntyre

Foreign exchange rates in New York June update

Foreign exchange notes show irregular activity in New York. Great Britain demand and cable rates around 5.04 dollars per pound with 60 day bills near 5.027. France demand near 6.59, cables 5.69. Italy demand about 8.62, Belgium and Germany around 23.36 and 37.75 respectively. Montreal and New York quotes appear in cross rates.

New York Great Britain France Italy Belgium Germany Montreal

New York Bond List Shows Wide Market Prices

Today's New York Bond market closes show diverse yields across U S Liberty bonds, Treasuries, corporate issues, and foreign issues. Notable entries include Liberty 4th 41 33-38 at 103.30, Treas 4% 43-45 at 103.11, and Canadian and German issues among others.

Closing Grain Letter. Wheat and Corn Weather Update

Chicago June 5 Wheat shows scattered showers in central valleys and prairies with generally higher closes after earlier weakness. Winnipeg losses trimmed but settled near unchanged. Deterioration in Northwest drought persists requiring more rain. Corn sales for shipment 30 000 and 58 006 booked to arrive with spot basis firm amid rains in Iowa and relief buying.

Chicago Lake Superior Northern Plains Prairie Provinces Canada Wednessey Prairie Winnipeg Saskatchewan Broom Hells Russia Iowa

Call Money Steady In New York Market

Call money in New York on June 5 remained steady for the day at 4 percent. Time loans showed no change at 60 days to 6 months at 4.1 percent, with prime commercial paper at 4 percent. Bankers acceptances were unchanged and the rediscount rate at the New York Reserve Bank stood at 1 percent.

New York New York Reserve Bank

Sugar Prices Hold Steady In New York Market

New York June 5 sugar market shows steady demand for refined sugar with prices unchanged at 4.10 cents per pound for fine granulated sugar amid active inquiry.

New York

Wool market steady with limited sales in territory wools

Territory wools show little turnover with inquiries only and no closed deals. Medium grades hold steady to firmer while strictly combing 56s and blood Ohio fleeces remain near prior week levels around 32 to 33 cents in the grease. Some 58s and 60s half blood fleece have sold around 30 cents.

Boston USDA Territory Ohio

Vagrancy arrests and case dismissal reported

Ted Walsh and George Lynch were arrested Monday on vagrancy charges and released yesterday. A state vagrancy charge against George Johnson was dismissed by Police Judge L A Buckley yesterday for want of prosecution.

Ted Walsh George Lynch George Johnson L. A. Buckley

Chicago Produce Prices for Poultry and Butter Decline in Summer Market

Chicago reports mixed poultry quotes with hens at 12¢ per pound and various Leghorn, Rock, and turkey prices across grades. Butter values show 15 to 16 cents per pound with creamery and fresh graded firsts noted among current receipts and grade scores.

Chicago Rock Springs

Seattle Produce Market Notes June Prices

Seattle reports produce and dairy price lines with butter and eggs. Butter extras 22c, standards 21c, prime firsts 20c, firsts 19c. prints 25c, cartons 26c, fats 20c. Eggs extras 18 19c, mediums 164 17Tc. Cheese triplets—lle.

Seattle

Cattle Market Trends Show Mixed Demand Across Weights

Chicago market reports mixed results with cattle and calves varied by weight. Heaviest steers steady while light stock and yearlings move slowly. best 800 lb steers top near 9.35, heifers around 6.50, cows weak to lower, hogs steady with top around 3.30, sheep and lambs showing softer overall demand.

Livestock market report from Denver cattle hogs and sheep June

Denver market report lists cattle with 800 calves and beef steers largely steady to higher, top prices around $9.35 for heavy loads and $7.25 for 1000+ lb cattle. Hogs show steady to firm moves with top around $3.40 for 180 lb pigs and sows $1.75 to $2.25. Sheep trend weak to lower for better lambs, with nearby mids around $8.50 to $8.75 and yearlings steady near $7 to $7.50.

Denver USDA California Texas Omaha USDAN

Omaha Market Summary of Cattle Hogs and Sheep

Omaha market report lists USDA cattle sales with calves and fed steers steady to strong. Hogs rise 5 cents with lots in various weight ranges, sows and pigs noted. Sheep show fat lambs down 25 cents with natives and yearlings and feeding lambs referenced.

Portland Market Report Cattle Hogs Sheep Prices

Portland market notes cattle calves 75 head steady prices from 3.00 to 14.50 with beef cows 82.50 to 3.25. hogs 250 head weak 15 cents lower with good to choice 170 to 215 pounds at 4.00. sheep 500 steady with spring lambs 7.25 and other categories trading between 3.00 and 6.50.

Portland USDA

Market Report Seattle Livestock Prices June 5

Cattle 246 head choice steers 5.00 to 5.60, medium 4.00 to 5.00, others unchanged. Hogs 98 head unchanged. Sheep 339 head good to choice lambs 7.00 to 7.20, culls 5.00 to 7.00, yearlings 4.09 to 5.50, ewes 1.00 to 2.75.

Seattle

Market Report Steady Prices For Cattle Hogs Sheep

Spokane market bulletin shows cattle 95, hogs 16, sheep 33 all steady with no change.

Spokane Wash

Sam Alderman to Receive Degree from Northwestern

Butte native Sam Alderman son of Mrs Mary Alderman 23 West Broadway will graduate from Northwestern University dental school Evanston Illinois on June 12 He attended local schools and Butte High School with high honors and plans to return home after commencement The Greek government will order two new destroyers costing two million dollars.

Butte Sam Alderman Mary Alderman West Broadway Northwestern University Dental School Evanston Ill Butte High School

Metal Markets New York Roundup

Copper steady at 8.50 cents spot and futures under Blue Eagle. Tin eases to 51.50 spot and 51.45 futures. Tr on steady. Lead quiet at 3.85 cents in New York and East St. Louis. Zinc softer at 4.25 cents East St. Louis. Antimony at 8.50 cents spot.

New York Blue Eagle East St. Louis

Curb Stocks Rise As Grain Gains Lift Market

In quiet trading on June 5, curb stocks advanced fractions toward three points aided by higher grain prices and improved sentiment on the big board. Oil issues led with Gulf, Humble, International Petroleum and Standard Oil units posting gains, while mining stocks held early fractional advances and Hiram Walker led Canadian equity strength.

New York Gulf Humble International Petroleum Standard Oil Hiram Walker Motors

New York Curb Prices Amid Dense Curtain of Ticker Notes

June 5 report shows closing curb prices across commodities and stocks with entries for Ark Nat Gas, Ford Motor, Newmont Min, United Gas, Premier Gold, and Venezuela Pet among others. Markets feature varied percentages, listing hours and index references, reflecting a broad trading snapshot.

New York Wihoe Ova Ee Maracaibo Ess Ossd Gym Aciicucesaveserced Sv Ad City Eye Seemou Cresson Gold Mycot Ford Mot Ltd FON Angus Holling Hudson Bay Paine Cny Ova Louk L&e Newmont Akiaere United Gas Dieslctecacnes Venezuela

Car Damaged In Backing Incident On North Montana Street

Henry Webber of 2222 Yale Avenue reported a vehicle struck his car while backing from a parking space on North Montana Street. Police were informed of the slight damage yesterday.

Henry Webber Yale Avenue Montana Street

Crop Outlook Boosts Grain Prices In Chicago Market

Mixed crop rumors and drought concerns lifted wheat futures to near day’s highs in Chicago. Reports of 1934 spring wheat yields in the Dakotas and Minnesota at about 50 million bushels and late Northwest rains fed optimism, while corn relief purchases and possible gold price moves added support. Wheat closed near the top, up about 3.74 cents. corn and oats gained as well.

Chicago United States Dakotas Minnesota

Grain market report from Minneapolis on June 5

Wheat traded higher with 33 cars. No 1 northern around 1.06 and 1.10 per bushel, dark northern about 1.06 1/2, hard Montana near 1.05 to 1.07, amber and red durum near 1.21 and 0.93, July old 1.03 and Sept 1.02. Corn No 3 yellow 54 to 55 cents, oats No 2 white 42 to 43 cents, barley 47 to 49 cents, rye No 2 65 to 68 cents, flax 1.95 to 1.99, sweet clover seed 3.50 to 3.75.

Adams Express Alaska Juneau Seoosl Sana Alleghany Corpu Allis Chalmers Allied Chemical of Amer Com Alcoh'l Amer Amer. Inter. Corp American Metals A! OR. Am. Pw Amer Rolling Mills Amer Smelt Amer. Snuff Amer Steel Amer. Sug. Refin jAmer. Tel. & Tél jAmer Ana Wire & Cable Ortons Armour Atchison Atlantic Refining Auburn Auto Avia. Corp Dela Baldwin Loc Baltimore & Ohio Barnsdall Seenee Beatrice Creamer Best & Co Bendix Bethlehem Steel Borden & Co Bohn Aluminum Steno Borg & Warner Briggs Mfg. Co Bristol Myers Ieee Niger Burte Cop & Zinc Byers A Ween Cailanan Zinc Fasswel Et Swete Sneves Coeres Certainteed Ag Cerro de Pasco Chesapeake Corp Chesapeake & Ohio C. M St. P. Com St. P Chi. Rock Isi. Com Chrysler Motor Coca Cola Co Colo. Fuel & Iron Columbia Carbon Columbia Gas Credit Com iCom So. Corp Congoleum Namn Consolidated Cigar Consolidated Gas Continental Motors Crucible Steel Curtiss Wright Curtis Wright “A Deere Co Com Jones Devee & Raynolds Dome Tlececel Douglas Aircraft Dupont Eastman Kodak Eaton Mfg. Co Haar Fox Film General Asphalt General Goodrich Rubber Goodyear T Grah Paige Mtrs Gulf States Steel Homestake Houston Oil Houston Oi Howe Sound Oscore Hudson Motors Tsch Hupp Motors Werte Eee See Ind. Rayni New Ingersoll Rand Ee Oh Pean Inter Inter Cement Inter. Harvester Tnic Ava Johns Manville Kelly Kelvinator Co Kenneco Kroger Grocery Lambert & Co Lee Rubber & Tire Liggett & Meyers Loews Inc Tee Ween Aly Loos Wiles Lorillard Tobacco Vis Louisville G. E McKeesport Tin McIntyre Porcupine Magma Copper van O Sid's A Marshal Field Co Matheson Alkali Esseee Mesta Machine Murray Corp Eevee Nash Motors Acme Seeveee Be Steetseievess Eeveees Eevere National Biscuit Nat'l Cash Register Wees National Distillers Nat's Pow. & Lite New Haven Ry Ae Seers N. Y. Central N. Y Noranda Mines A. Aviation Gas & Elec Seeee Packard Motors Peat Para Pub Certs Wane Park Utah Mining Patino Mines Phelps Dodge Seers Pennsylvania Ry J. C. Penney Co Lesees Philips Petroleum Proctor & Gam N. J Erene Pullman Co Peancah Ai Radio Corp Radio Keith Orph Clarecce Remington Rand Repub. Steel Corp R. J. Reyn Safeway St. Joe Lead Sennen St. L San Francie der Ceres Seaboard Oil & Gas Sears Roebuck Shell Union Oil Simmons Cowees Socony Vacuum Porto Rico So. Calif. Edison South Pac Eewne Southern Railway Cal Stewart Warner Studebaker Superior Oil Cop Chem Texas Corpn Ots Seresl Transamerica Eos United Aircraft United Cerpeee United Drug United Fruit United Gas Im Ss Pipe & Fury Union Carbide Union Oil of Calif Union Pac. Ry Vanadium Vicks Chemical Warner Bros Warren Bros. Creee Union U. S. Liberties Eese YC Se AG Silesian Am Col Mintiniy Te Os Accasasce Ices & Onj Texas Corp West Pac Yngsta Canada Allegheny AT & T AT & SF CM & St P & Pac D&rg Cig Dodge Goodrich Belgium Brazil Chile Germany BO Seale Ws Bf MODAN GSE Minneapolis Montana

Wheat market quotes from Minneapolis final

Open and close figures for wheat futures in Minneapolis show mixed activity on June 5. Prices for Sept and July contracts display small percentage changes with old and new figures, reflecting modest movement in grains trading.

Potatoes Quietly Steady Across Markets in June Report

Potatoes in Chicago show steady prices with U S shipments at 317 total. old stock 628 on hand while supplies and demand move moderately. U S No 1 prices range 1.55 to 1.65 with slight decay noted in some regions. new stock firmer on top stock with liberal demand and moderate trading. Prices by state include Alabama 1.65, Texas 1.55 to 1.60, Louisiana 1.50 to 1.65, Mississippi 1.50 to 1.60.

Chicago USDA U. S Idaho Alabama Texas Louisiana Mississippi

Flour in Butte Market Quoted at 7.75 Dollars

Local exchange records show Butte market price for flour set at 7.75 dollars per unit. The note highlights price level for buyers and sellers in the area.

Butte Hog Market Prices Summary

Butte hog market lists various grades and weights with price ranges including ssc medium heavy s3a s'ec heavy 2 2%c extra heavy 2 3%c light 3 3%c extra light 2 2'4c.

Butte

Also Mentioned on This Page

Day New York Stock Exchange Winthrop Mitchell & CO Frederick Gardner Indis Rails Wogl South ST. Pau South ST. Paul Metal Markets Salt Lake Mines United Press Salt Lake City Alta Tun Moscow Cardiff Quincy Lilly Croft Nelson Pk Prem Utah Eka bin Plumbie Eka Lilly Provo Bil SK Coal Tron King Kennebec Keystone Memimoth Wilbert Winthrop, Mitchell & Co Ambergris Noble Pendille Big Minso Bunkerbil Dayrock Rm Gid Golconda Grandview Sunshine Hecla Tamrack Wwick White Wellington Metaline NW Life McGillvray Boston Stock Exchange Isle Royal Swift Co Mohawk US Mar Nipis Mines No Butte Oslo Montana Stock & Bend Co Ardsley Butte Mines Basin Goldfields. Ltd Montana Tunnel Co Butte Copper Coal Mines Butte Mines Holding Co Corp Trust Corp ‘Trust Montana Coal Mining Montana Power Morving Glory Mining Moscow Mining Mountain City Coper Severe NA Trust Ween Sunshine Mining Sup Corp of Amer Trust Virginia City Gold Mining Virginia City Mining Eennee Wanker Miming Minneapolis Grain Winthrop Mitchell 4 Potavto Administrative and Research Corporation Exchange Place Jersey City N, J Metals Bank & Trust Co First Bank Stock Corporation
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