Brisk trading highlights raft of financial market activity
New York equity trading showed gains early then some losses as Santa Fe dividends cut weighed on rail shares. Merger chatter lingered amid rail etc. Steel and utilities posted strength with U S Steel hitting a yearly high amid mixed results from major groups. Dollar exchange eased after holidays with sterling above 4 dollars.
MENTIONED IN THIS ARTICLE
John L. Cooley
New York
The
Stock Exchange
Santa Fe
Western Union
Postal Telegraph
U. S. Steel
Allied Chemical
Case
American Tobacco
American Telephone
American Can
du Pont
Union Carbide
Coca-Cola
Safeway
General Railway
New York Bond Prices Close Mixed on June 6
Bond market reports show a mix of Liberty, Treasury and corporate issues with varied closes. Notable listings include Allegheny Corp, AT & T, General Motors and West Coast utilities among others, with several yields around 90 to 105 percent and a note on commodity extractions from wood by German scientists.
Six Million Dollar Silver Shipment Arrives in New York
A large consignment valued at about six million dollars was taken from the Dollar liner President Grant in New York Harbor. The shipment, consisting of specie and ingots, was consigned by the Bank of Shanghai with half to its New York branch and the rest to a Perth Amboy smelter, guarded by armed guards during transfer.
MENTIONED IN THIS ARTICLE
New York
President Grant
Bank of Shanghai
NYSE Seat Values Jump To New Highs
New York stock exchange seat values rose sharply with one sale at 189000 dollars and another at 190000 dollars. These are the highest prices since September 11 1931, topping the prior sale of 164000 dollars.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Prominent Hamilton Industrialist J O Read Dies Suddenly
J O Read 73 a longtime Hamilton ranch owner and former manager of the Hamilton and Ravalli hotels died suddenly at his northeast Hamilton home. His wife found him deceased at the kitchen table after he had been outdoors with ranch chores. Read had owned a large ranch adjoining the Marcus Daly estate for 35 years and is survived by his widow.
MENTIONED IN THIS ARTICLE
Hamilton
J. O. Read
Ravalli
The
Dalys
Regents and neighbors gather in Helmvillle
Mrs. Rose Lynch and Miss Anita Wales were chosen as delegates to the Daughters of Isabella state convention at St. Therese circle. Visitors include Mr. and Mrs. C. N. Moran and family from Galata, Mr. and Mrs. Pat Urick of Butte, and Mr. and Mrs. Harry Gordon of Anaconda. Mary Hoepfner graduates from Sacred Heart academy in Missoula. Father Cavanaugh, guest of Father McCormack, celebrated the second mass here Sunday.
MENTIONED IN THIS ARTICLE
Helmville
Rose Lynch
Anita Wales
Daughters of Isabella
St. Therese
C. N. Moran
Galata
Moran
John McMahon
Pat Urick
Butte
Urick
Tom Geary
Harry Gordon
Anaconda
Gus Hoepfner
Mary Hoepfner
Sacred Heart Academy
Missoula
Father Cavanaugh
Father McCormack
Mass Gathers Hoepfner Kin and Friends
Marie Potts returned Sunday from Helena where she attended S. Vincent's academy. Cousin of Mrs. G. A. Hoepfner and many friends attended the mass to greet him.
MENTIONED IN THIS ARTICLE
G. A. Hoepfner
Marie Potts
Helena
S. Vincent’s Academy
Funeral 15 Conducted For Stevensville Man
The local Masonic fraternity conducted the funeral of Thomas Graham Sunday afternoon. He died Friday in a Missoula hospital. He was a native of Yorkshire England sixty years of age. He came to Canada in 1907 to California for a short while and settled in the Bitter Root valley in 1909 to take a position as horticulturist with the Bitter Root Valley Irrigation company. Besides his wife here he leaves a sister in England.
MENTIONED IN THIS ARTICLE
Stevensville
Thomas Graham
Missoula
Yorkshire
England
Canada
California
Bitter Root Valley
Bitter Root Valley Irrigation Company
Dodge Brothers Finish Seven Year Mail Chess Match
Walter J. Dodge of Portland Oregon and his brother George S. Dodge of Montebello California have completed a chess game that began seven years ago by mail.
MENTIONED IN THIS ARTICLE
Walter J. Dodge
Portland, Ore
George S. Dodge
Montebello
Cal
Hogstrong Market Roundup Cattle and Hogs Up in Chicago
Chicago June 6 Cattle receipts 6500 calves 3000 with an undertone weak to 25 cents lower on better grades. Feeder steers and cows mostly steady bull and welters steady. Hogs 25000 with 11000 direct higher 190-300 lb hogs 4.85 to 4.90 top 4.90. lighter weights 4.35 to 4.85. Sheep 5000 futures strong 25 cents higher with native lambs mainly 87.50 to 8.75 and shorn yearlings 6.75.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Omaha
Cattle Hogs and Sheep Steady to Higher in South St Paul Market
Cattle receipts 2000 with sentiment lower on fed steers and yearlings and weak other slaughter classes. Fed steers and yearlings sold around 575.75 with some low bids. beef cows and cutters mixed. calves 1900 receipts dealers steady with good to choice at 47 to 75. Hogs 4500 receipts steady to higher with good to choice 160-325 lb at 4.35 to 4.74. sows 57 to 70. pigs 40 to 4.25. lighter weights 4.25 to 4.45. Sheep 1500 receipts steady or 7.50 for good to choice lambs with shorn yearlings around 650 and higher seller asks.
MENTIONED IN THIS ARTICLE
Alaska
Juneau
Alleghany Corp
Am. Inter. Corpn
Amer. Locomotive
Eee
American Metals
Eeee
Am. Smelters. Com
Amer. Snuff. Com
Eeeee Amer. Steel Fdry
Am. Sugar Refining
Am. Tel
Telgh
Amer
Tobacco
Amer. Zinc. Com
Wire & Cable
Armour “A
Atchison
Atlantic Refining
Auburn Auto Seer
Avia. Corp
Del
Baldwin
Baltimore & Ohio
Eee Barnsdall
Beatrice Creamery
Wee Best
Butte
Superior
Byers A. M
Case Co
J. 1
Celanese Corp
Cerro de Pasco
Chesapeake & Ohio
C. M
St. P
Com
Coca Cola Cote
Chrysler Motor
Columbia Carbon
Columbia Gas
So. Corp
Congoleum Nairn
Leeeee
Jeace
Oil of
Jeeves
Motors
Crown Cork & Seal
Crucible
Curtiss Wright
Curtis Wright
Douglas Aircraft
Eastman Kodak
Eaton Mfg. Co
Elec
Autolite
Elec. Pow. & Light
Eng. Pub
Erie
Nat'l
Fox Film A
Freeport Texas
Gen. Amer. Trans
Serene General Asphalt
General Electric
General
General Mills
General Motors
Gillette Razoroo
Graham Paige
North
Eenee ‘Grigsby Grunow
Tetee Gulf States Steel
Eeeer Homestake Mining
Ceeele
Iosses Eeeuelieneees
Houston Oil
Tener Hupp Motors
Ingersoll Rand
Ydro
Enene
Inter. Bus. Mach
Cement. Com
Inter. Harvester
Inter
Int -Eee
Int
Tel. & Tel
Johns Manville
Ooes Melly ” Ae
Kelvinator Co
Kennecott Copper
Kresge
Kroger Grocery
Lambert & Co
Eeene Lee Rub. & Tire
Liggett & Myers
Lewes Inc
McKeesport Tin
Macy & Co
Magma Copper
Marlin Rockwell
Matheson Alkali
Daewe Miami
Oneee Mo. Kan
Tx. cm
Mo. Pacific. Com
Montgomery Ward
Rer Motor Wheel
T's
Murray Corp
Nash Motors
National Acme
National Distillers
Nevada
New Haven Ry
N. Y. Central
Noranda Mines
Eeue N. A. Aviation
North Amer
Pacific Ry
Ohio Oil
Owens Ill
Glass
Pac. Gas & Elec
Packard Motors
Park Utah Mining
Enne Phelps Dodge
Penn. Railway
C. Penney Co
Phillips Petroleum
Proctor & Gamble
Pullman
Radio Corporation
Ee Radio
Keith Orph
Remington Rand
Repub. Steel Corp
R. J. Reyn. Tob. B
Royal Dut. of
N. Y
Safeway
St. Joe Leadecenee
Tel.eee
St. L
San
Schulte
Seaboard Oil & Gag
Sears Roebuck
Shell Union Oil
Simmons Co
Seeeer
seaenl \Socony Vacuum
S. P. R. Sugar
South
Cal. Edison
Cal. Edison, | 25 2515) 24) 455 10300 Ee 27%| 11% Eee South
Pac
Eenee Southern Ry
Standard Brands
Gas & Elec
Tenn. Cop. & Chem
Texas Corp
Tex
Tex Pac Coal & of
Tx. Pac. Land
Tidewater Assoc
Timken Roller
Transamerica
United Aircraft
United Corp
United Fruit Seveeel
United Gas Imp
U. S. Indus Alcohol
U. S. Pipe & Fury
U. S
Steel
Union Carbide
Union Oil of Calif
Union Pacific
Util. Pow. & Lite’ A
Vanadium Seer
Warren Bros
Westinghouse A
Bke
West Union Tel
Westinghouse
Woolworth
Worthington Pump
South ST. Paul
Minn
USDA
Denver
Market roundup Denver cattle and hogs report
Denver cattle and hogs trading mixed on hump-day with calves and steers steady. Cattle prices show small lots at various tiers and cows around four dollars, bulls up to 3.75, stockers near five. Hog sales list multiple weight classes with top around 4.65, sows 3.75 to 3.90, feeders around 3.50 to 3.75. Sheep lambs up a quarter, Californias at eight dollars per hundred, natives near seven to eight dollars.
Omaha Prices: Cattle Hogs Sheep in Mixed Change
U S DA cattle numbers show 5 000 calves 300 fed steers steady with midweight cows and bulls up small. Hogs 9 000 head steady to 5 cents higher with choicest 200 270 pound porkers at 4 6. Sheep 5 000 head lambs yearlings 25 cents higher with native and fed wool sheep mixed as yearlings and ewes move.
Boston Wool Market Sees Strong Demand For Ohio Fleeces
Boston market notes continued demand for Ohio medium fleeces with three-eighths and quarter blood varieties selling at 32 to 33 cents a pound grease for light shrinkage. Heavy shrinkage wool brought about 31 cents, while 56s and 48s 50s Ohio fleeces moved at 32 to 33 cents grease. Fine grades were slow according to the agriculture department. Low quarter blood 46s fleece wool stood at 29.9 to 30 cents grease.
MENTIONED IN THIS ARTICLE
Boston
Ohio
U. S. Agriculture Department
Foreign exchange steady in New York June report
Foreign exchange remained steady in New York with key rates for Great Britain at 4.01 to 4.02 dollars on cables and bills, France at 4.68, Italy at 6.17, Belgium 16.58, Germany 27.80, and cross rates for Montreal in New York at 89.375 and New York in Montreal at 112.37.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Montreal
Call Money Rates Steady Across New York Market
New York June 6 call money steady at 1 percent all day. Time loans steady at 60 90 days 1 percent 4 months 1 percent 5 6 months 1 1 2 percent. Prime commercial paper at 1 percent. Bankers' acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Sugar prices hold steady as refined sugar fid gradually firm
New York June 6 refined sugar prices were unchanged at 4.50 cents per pound for fine granulated. A firmer inquiry was reported in both first and second hands, with the latter now firmly held around 4.45 cents.
MENTIONED IN THIS ARTICLE
New York
Treasury Receipts and Expenditures for June 3
Treasury reports June 3 receipts at 6,207,030.84 with expenditures of 12,583,702.55 and a balance of 343,233,697.55. Customs duties for the first three days of June totaled 1,727,385.41.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Metal Market Quotes Show Mixed Moves Across Metals
In New York on June 6 a metal market update lists copper steady to quiet with 8 cents for spot and futures, tin strong with spot near 42.12 dollars and futures at 42.37, iron quiet and unchanged, lead steady, zinc quoted at East St. Louis spot and futures 4.3094.35 cents, antimony at 6.50 cents, and quicksilver around 59 to 60 dollars.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Bid Notice Summary from Salt Lake City Market Listing
Reported by Winthrop Mitchell & Co bidders invited for listed securities and commodities. The page shows multiple quoted items with percent offers, price ranges, and company acronyms such as SilKg Ci, SilShield, TintLead, Eur Lily, Moscow, NQuincy and others with 4% to 6% yields or margins and price points around 20 to 156.
MENTIONED IN THIS ARTICLE
Winthrop, Mitchell & Co
Salt Lake City
SilKg Ci
SilShield
TintLead
Tint Ltd
Moscow
Nquincy
Auction quotes for regional bonds and equities update
Boston market brief lists bid asked ranges for several issues including Cop Range 5 and 3 percent for Quincy Hancock and others. Entries show varied quotes such as Isle Royale 22 percent UCS Mach 47 percent Mohawk lis 12 percent and Apex 15 percent with multiple 5 3 and 20 21 figures.
MENTIONED IN THIS ARTICLE
Winthrop, Mitchell & Co
Boston
Quincy
Hancock
SwiftCo
Isle Royale
UCS
Utilities Lead In GURB Advance
Trading on the curb exchange topped one million shares for the third time this year with total sales of 1,157,000 shares. The market closed irregularly as fractions moved, utilities leading gains. American Gas and Electric rose 1% to 41, American Light and Traction gained 2.5% to 22, Consolidated Gas of Baltimore up 1% to 63, Electric Bond and Share up 2.5% to 331, Ford Motor of Canada advanced 5s, Deere & Company dipped just over one point.
MENTIONED IN THIS ARTICLE
New York
Curb Exchange
American Gas and Electric
American Light and Traction
Consolidated Gas of
Baltimore
Electric
Ford Motor of Canada
Cord
Deere & Company
Chicago Produce Prices and Poultry Report
Chicago June 6 report shows live poultry prices with hens around 11 cents and Leghorn roosters at 8 to 9 cents. Turkeys sell at about 10 to 13 cents, ducks 7 to 9 cents, geese 7 cents, and various broiler and egg price ranges listed. eggs total 27,854 cases with steady pricing noted.
MENTIONED IN THIS ARTICLE
Chicago
Wheat nervously closes lower amid heat and cooler forecast
Chicago reports wheat prices slipping late session after four days of record heat southwest and west. Traders eye large drought damaged portion of the 1933 harvest as oats gain on crop damage notes. Corn and hogs move lower with mixed grain fortunes and shifting planting conditions.
MENTIONED IN THIS ARTICLE
John P. Boughan
Chicago
Illinois
Iowa
Nebraska
Kansas
Minneapolis Grain Market Report June grain prices
Minneapolis reports 89 wheat receipts for the day, down from 41 last year, with cash prices for No 1 northern at 73 1/2 to 74 1/2 cents and No 1 amber durum at 68 1/4 to 70 cents. Corn No 3 yellow 32 to 35 cents, oats No 3 white 22 1/2 cents, barley 27 to 47 cents, rye No 2 56 to 56 1/2 cents, flax 151 1/2 to 156 1/2 cents, sweet clover seed 2.25 to 2.50.
MENTIONED IN THIS ARTICLE
Minneapolis
Montana
Minneapolis Close Report Sparse Trading Data
Market notes from Minneapolis dated June 6 show scant closing figures with fragmented entries including percent changes and prices. The ciphered text lists miscellaneous securities with minor values and percentages, lacking clear companies or outcomes.
Wheat prices and cash bids from Portland market
Wheat- July 60 1/2 to 60 3/4 cents, September 62 1/2 cents, December 65 1/2 cents. Cash bids include Big Bend bluestem 67 1/2 cents, dark hard winter 12 percent 60 cents, 11 percent 65 cents, soft white hard winter 60 cents, western white northern spring western red 57 1/2 cents. Oats No 2 white 22 1/2 to 22 2/5 cents. car receipts show wheat 41, barley 1, flour 11, hay 4.
MENTIONED IN THIS ARTICLE
Portland
Ore
Big Bend
Potatoes Market Report From Chicago On June 6
USDA potato receipts show 98 cars on track and 271 cars in total U S shipments with 506 cars on record. Old stock dull and trading slow. supplies moderate. Wisconsin round whites and Michigan Russets traded around 1.20 to 1.25 per unit. Idaho Russets weak at 1.60 to 1.70. New stock weaker with heavy supplies. Southern Triumphs and decayed lots priced well below. North Carolina barrel Cobblers cited at 3.40 to 3.50.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Wisconsin
Michigan
Idaho
Alabama
Louisiana
Texas
Mississippi
North Carolina
Hog market quotes in local sales listing
Yesterday the local market posted hog prices by grade with choices at 4 5 cents per pound for choice and 4 4'ic for medium heavy, 334c for heavy, 3 3ic for light, and 4 4 ec for extra light.
Flour price in Butte marks local market listing
In Butte the local market quoted flour at $5.19 yesterday, reflecting the day’s price level for buyers.
Also Mentioned on This Page
BRISK
Finance
Rails
Day
Winthrop Mitchell & CO
U. S. Liberties
Treas
Allegheny Corpus
AT & T
Seeenee Co
AT & SF
CM & St P
C & NW
Chile
Cceceesnees
Cuba
Esseeeves
D & RG
Cceeesees
Ceeese
Dodge
Goodrich
Goodyear
Humble Oil
M-K-Tex Ist
Mo Pac
NY Cent & HR
Nor Pas Gen
Pac G & E
Silesian Am Col
Ginsigh Fs
Cee Cocces
SONJ
Cseeees
Unit
Cceecessee
Uteh P & L Ss
Ceee
China
State News
Treasury Report
Metal Markets
Salt Lake Mines
Boston Stock Exchange
CURB
Amer G & E
Ark Nat Gas
Oneness Ween
Assoc G & E
B Hill & Su
Carib Syn
Cresson
Eib&s
Ford Mtr
Ford Mtr Ltd
Gulf Oil Tee
Heela Minee
Holling Gold Co
Hudson Bay
Ning Hudsow
Niles Bemp
Disteense
Nova del Ag
Seiberling
Swift & Co
Texan Oil
Todd Ship
Montana Stock & Bond Co
Ardsley-Butte Mines
Ebevees
Basin Goldfields, Ltd
Basin Montana Tunnel
Butte Copper
Butte Highlands Mining
Butte & London
Ee Butte Mines Holding Corp
Corp
Eter
Bars Corp
Ee Corp
Petroleum Eee
Anwee
Jardine Mining
Mont Highlands Mining
Mont Highlands Mining. Com
Mountain City Copper
National Parks Airways
Sunshine Mining Sete
Sup Corp of
Amer Trust
Vosburg Syndicate
Zenolite
Metals Bank & Trust Co
First Bank Stock Corporation