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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 07, 1938

Page

7

Butte Quotation Stocks and Bonds Rally Fading

New York June 6 stocks opened with a solid forenoon rally but late profit selling trimmed gains in many issues. Speculative sentiment remained cautiously constructive on the list, betting administration stimulus after legislation. Concerns lingered over congressional adjournment and Iowa primaries, with turnover at 467,330 shares and the Associated Press index up 0.5 to 38.9. United Corporation fell over four points after a dividend delay, steel production showed a slight uptick, and farm machinery shares edged higher amid a mixed outlook for inflation and gold mining stocks.

Frederick Gardner New York Iowa Wall Street Associated Press United Corporation Steel Federal Trade Commission Congress

Foreign Exchange Rates Reported in New York

The market shows Britain at 4.94 percent in demand and cables with 4.9475 for 60 day bills. France and Italy demand levels are 2.77 percent and 5.26 percent respectively with cables matching. Belgium and Germany quotations are listed at 16.93 and 40.17 percent while travel and benevolent rates appear at 43.75 and 21.25 percent. Montreal in New York is 98.84 percent and New York in Montreal 101.15 percent.

New York Great Britain France Italy Belgium Germany Montreal

Minneapolis Grain Market Report

Minneapolis June 6 Wheat trading basis steady with 5 under 20 over for July. Cash prices: No 1 heavy dark northern 93 4 to 1.00, No 1 dark 89 47 to 99 2 cents, corn No 3 yellow 57 اسی 53 1 2 cents, oats No 3 white 24 25 cents, barley 36 4 68 cents, rye No 2 49 54 cents, flax No 1 1.74 to 1.79 dollars.

Minneapolis Montana

Portland Grain Market Report June 6

Portland Oregon reports wheat futures closing at July 66c and September 66c. Cash grain prices list oats No. 2 38 lb white at 25 dollars, barley No. 2 45 lb bag at 25 dollars, corn No. 2 e g ship at 58.50 dollars. Cash wheat bids include soft white 68 cents, western white 68.2 cents, western red 66 cents. Hard red winter ordinary 66 cents.

Portland Ore

Upturn Shown in Metal Production

The Bureau of Mines reported a 1937 US mineral output rise over 1936 with higher production in copper by 28 percent iron ore 48 percent lead 23 percent and aluminum 30 percent. Silver and gold also climbed eight and 15 percent while crude petroleum and refined products set annual records.

Washington Bureau of Mines United States

Grain Prices and Receipts Reported in Market Brief

The report lists decimal price points for various grains including hard red spring and hard white varieties with per cent figures and cents. Car receipts show Wheat at 89, flour at 9, corn at 1, hay at 1, and milifeed at 6.

Chicago potatoes steady amid mixed regional prices

USDA reports U S potato shipments Saturday at 218 and Sunday 94 with California White Rose and Southern Triumphs firm or steady. Louisiana and Texas Cobblers around $1.90 to $2.19 per cwt. Idaho Russet Burbanks and Washington Russet Burbanks show $1.60 to $2.10 as supplies remain moderate and demand varies.

Chicago USDA U. S California Southern North Carolina Bliss Louisiana Arkansas Oklahoma Texas Texas Cobblers U. 8 White Rose U Idaho Russett Burbanks U Washington Russet Burbanks

Chicago Produce Prices From June 6 1947 Markets

Butter and eggs prices listed for Chicago on June 6 1947 show heavy output levels. Creamery specials fetch 93 score with 24% 25 cents, extras at 92 score 24% cents, firsts 90 91 score 23 23 percent, and standards at 9 score 19 19 cents. Centralized carrots noted at 23% cents. Eggs steady at 28 410 cents per dozen with fresh graded extras firsts local 19 to 20 cents per dozen.

Chicago

Money Rates Steady Across Short Term Loans in New York

On June 6 in New York the money market shows call money steady at 4 1 2 percent and time loans for 60 to 90 days at 1 percent. Prime commercial paper holds at 1 percent with bakers' acceptances steady at 90 days about 7 16 percent and 4 to 5 months near 9 16 percent. rediscount rate at the New York Reserve Bank remains 1 percent.

New York Bakers New York Reserve Bank

Wool futures rise on active buying in New York market

In active trading June 6 in New York wool top futures edged higher as buyers covered scarce contracts amid closed foreign markets. July closed at 72.30? no, 723.0B. October 73.6B. December 74.4B. March 74.2B. Spot standard tops rose to 76.5 with a 1.0 gain.

New York

Butte Hog Market Quotations Listed by Weight

Butte hog quotations are given by weight classes from 160 to 350 pounds. Prices range from 8c to 7%c for most weights with sows and stags at 5 6c.

Butte

Flour in Butte Market Quoted at 5 60

The Butte market yesterday quoted flour at five dollars sixty cents per unit. This price reflects trading activity in local grain markets and indicates steady demand for flour products in the region.

Butte

Market Report Cattle Hogs Sheep Figures From Chicago Sales

Chicago market figures show cattle and hogs steady to up slightly with cattle and calves listing mixed prices. Steers top near 10.65 while yearlings hover around 9.75. hogs 160 to 240 pounds fetch about 8.70 to 8.90, heavier sows 7.50 to 7.75, vealers around 9 dollars. Sheep and lambs rise modestly with native spring lambs near 10.50 and clipped lambs around 6.85 to 8.10.

Omaha Market Report Cattle and Hogs Steady to Higher

Omaha sees cattle and hogs mixed activity with calves 600 head steady to slow. Fed steers and yearlings show limited strength, heifers steady, cows soft, bulls and vealers weaker. Hogs 5,000 head active and steady to up, best weights up to 8.60, lambs 25 cents higher, California springers at 9.50 plus, native feeding lambs around 7.25 to 7.50.

Sioux City Livestock Prices Mixed Across Cattle Hogs and Sheep

Cattle demand slows with 3 500 calves and 550 slaughter steers and yearlings showing slow to steady trading. Prices include 1 040 lb yearlings at 9 75 with some 9 25 9 50. cows to 7 25. stockers 8 25 8 75. Hogs up to 15 cents higher with under 250 lb at 8 60 and 180 260 lb at 8 35 78 50. sows 7 60. Sheep 1 500 noted stronger on fat lambs with ewes at 3 25 ...

Sioux City USDA Texas

Cattle Hogs and Sheep Prices From Denver Livestock Market

Denver market report shows 1,500 cattle with calves and beef steers steady to firm around 8.75 to 9.50 per hundredweight and strong bids on light cows at 7.00. Hogs steady to 15 cents higher with 150 to 270 pounds trading near 8.65 to 8.85, sheep mostly unchanged with spring lambs strong to higher around 9.00 to 9.79, carrots noted at 25 cent higher and other classes scarce.

Denver

Portland Market Report Cattle Hogs Sheep Prices Rise

Cattle calves 1 700 steers and heifers 250 steady to 25c higher good fed steers 8.25 best grass steers 8 few grassers 7 17.75 grass heifers 6 50 7 50 cows slow cutters 3 50 4 25 good beef cows 6 bulls 5 75 6 50 dealers steady choice 7 50 7 8 hogs 2 000 active 25c higher 165 210 lb drive inns 8 50 carloads to 8 75 226 275 lbs 8 78 25 light lights 7 75 8 sows 6 25 6 50 feeder pigs 8 25 9 50 sheep 2 250 active spring lambs 25c higher slaughter ewes weak to 25c lower good to choice spring lambs 6 75 common to medium 5 50 6 25 old crop lambs 5 medium to good ewes 1 50 9 2 25

Chicago Omaha USDA California Portland Ogden Idaho Seattle

Cattle and hog market report from Ogden notes

Ogden market report lists cattle and calves with varying grades and prices. Hogs rise 15 cents for 180 to 270 pound range, while sheep trend with trucked in Idaho lambs at 9.25 and 9.00 for straight sales.

Seattle Livestock Prices Reported For June Market

Seattle market data shows cattle numbers around 250 with varied classes. Prices range from good to choice cows at 5.00 to 6.75 and bulls to 6.25, with steers and heifers averaging 6 to 8 dollars. Hogs and sheep follow similar price bands, reflecting steady demand across weights and grades.

Metal Prices United States June 6

Copper steady at 9.00 cents spot export 8.66. Tin at 38.624 cents spot nearby 38.9219 forward. Lead steady New York 4.00 to 4.06 cents East St. Louis 3.85. Zinc steady East St. Louis spot and forward 4.00. Pig iron No 2 fob Eastern Pa 25.00 Buffalo 24.00 Alabama 20. Aluminum virgin 99 percent 20.0 cents. Antimony spot 13.75 cents. Quicksilver 82. Platinum pure 33. Wolframite 16.00 to 18.00 nominal.

Eeeene Inspirata Alaska Juneau Ee Nee Emmeneee Eee Eeereee Acsa Ceecete Sesersee Harvester Allied Chem Inter. Nickel Allis Chalmers Censors Amer. C. & F Johns Manville Allis Kennecott Cosa Cccene Cry. Sug'raceon Kroger Groc Ceneeeee A. & F. P. Co Amer. Loco Libby O. F sOeeneeneaweners Amer. Metal Évlaasseabeed Myers B Louisville G Tareotegeseeees Seber Agewetearenctes T. & Ones Magma Copper Tob. B I Marine Midwoven Marshall Field Matheson Alk McIntyre Pere Wees McKeesprt Tin Ye Neee Ana W. & C Miami Copper Armour Co Mid Pet. Aenee Atchison Motgmy Ward Atlan. Refin’g Auburn Auto Murray Corp Savills Dwedbiesicisieireees Renee Nash Kelvitor Baldwin Eeeweweres Nat'l Biscuit Nat'l Dairy P Barnsdall A Nat'l] Distillers Beatrice Army Seveeeesee Weqweeaaee Eeeweeeens Nat'l Pow N. Y. Central Bethlehem New Haven N. A. Aviation Campbell J. O. Penney Penn. Ry Can. Pac. Ry Petro Corp Phelps Dodge Phillips Petrol Celanese Corp Cerro de Pasco Pub. Serv. N Pullman Co Radio Corp Republic Steel Cola, F. & IL Conaveeees R. J. Reym T Columbia G.E Eeennee St. Joe Sears Roebuck Congol Eeee Shell Union Oil Orresaber Consol Edison Corey Consolidated O Bla Silver K’ng C’al Bak, A Simmons Co Ences P. R. Sugar Serene Concrerers Cal Edison Pac. Ry Veweeet Deere Co Detroit Edison Douglas Air N. J Duppont Occ Studebaker Eaton Mfg Aeetes Sunshine Mine Autolite Eee LD Swift & Co Fox General Foods Union Carbide General Mills Antes Ebeewweweeeeteeee Union Pac Ryenvereen Eeeteree United Air Tr United Drug Goodyear T.R U. S Perestenee Tewennenes Gt. North Howe Sound Hudson Bay M Western UN Hudson Motors Westinghouse Wilson Eters Ewer Hupp Motors Woolworth Illinois Central Setenecenpeene Eee Pereey Ind. Rayon New York Ccadencianes Reuan Punetey Ooneiaabanenes Pani Tabiaatinoten Lam Cass Ras Vonteeee Ratsspraccess Iic Feins Ain Hak Cireieteesossiay Alleghany Anaconda Y AT & SF Chi Gt West St P & Pac Cuba Mont C& HR Wes the Texas Corp le Sor Eevee Utah P & L West Union East St. Louis Pennsylvania Buffalo Alabama

Curb stocks slip fractions amid quiet trade in June

CURB loOVES UP FRACTIONS POINT NEW YORK June 6 40 2 Curb stocks advanced fractions to more than a point today in quiet trade. Activity in aircraft shares featured industrials with Lockheed Air trading 5600 of 59000 shares up to 2 pm. American Airlines steady up almost a point Brewster Aero active New Jersey Zinc and Newmont gained about two points. Gold shares steady Oils up fractionally Utilities steady.

New York Lockheed Air American Airlines Brewster Aero New Jersey Zinc Newmont Olls

Denver Potatoes Shipments and Prices Report

U S D A notes potato shipments in Colorado with 22 cars expected Monday morning. California White Rose sells for 1 car at 1.90 dollars and Triumph at 2.25 dollars. Demand fair, market firm, supplies liberal, Denver delivery on track.

Denver Colorado California Triumph

Minneapolis Flour Prices Stated for Carload Shipments

Minneapolis reports flour prices for carload lots in 98 lb sacks with Family patents at 5.55 to 5.75 dollars per barrel and Standard patents at 5.05 to 5.25 dollars, shipments recorded at 19,165 units. Pure bran priced at 14.75 to 15 dollars.

Minneapolis

Wheat Declines in Chicago Market Report

Chicago June 6 prices slipped as favorable weather for rust threatened crops eased demand. Wheat futures fell about 7?4 cents with July at 71?4 and September near 72?4 cents. Corn and oats declined while rye slid. export demand weakened due to a European holiday and a drop in Winnipeg premiums.

Chicago Winnipeg United States Kansas Nebraska

Sugar Prices Steady in New York Trading

Refined sugar stayed at 4.50 cents per pound in New York as of today’s close, with light business activity. A Southern operator cut prices by 10 points for today only to spur demand.

New York

Father English Feted by Parish Members

The Rev. M. M. English, pastor of St. Ann parish, celebrated his silver jubilee with a high mass and a parish hall reception. Mrs. Martin Dillon led the Altar society reception committee, with J. F. Hale and Mrs. Ed Wolahan coordinating. Knights of Columbus 4th degree provided a uniform guard of honor at the mass.

M. M. English St. Ann Father English Martin Dillon J. F. Hale Ed Wolahan Butte Richard Curran Dennis Murphy Thomas Healy Patrick Connore Daniel Harrington Lenz Frank Lohman Ed Harrington J. C. Leary

Toilers for the Faith Build Wheat Drive at Nidaros

Nidaros church members funded by a farmer land donation and volunteer teams seed fields to wheat to harvest for church coffers. When the crop is gathered the proceeds will go to church treasury.

Wolleth N. D Nidaros Ch Treasury

Also Mentioned on This Page

Butte Quotations TOCK Ss Press Indis Rails Utili News of the Market and Financial World Day New York Stock Exchange Portland Grain Wool Futures Omatia Salt Lake Mines United Press Salt Lake City Alta Tun Natidriver Bing Miis I New Park Cardiff Lily Quincy Colo Con Ohle Cop Bing Croft B&td Nelson Prem S Utah Plubic Eka Mines Kennebec Tintic Keystone N Tin Ltd Menith Moscow Wilbert Zuma New York Exchange Amer Ares .O Ccccsee Eckoctctiteay Amer G & E A Amer Maracaibo Gas Ford M Ltd Gulf Holling Wwe Louis L & E Brock & Bond Co Bidanes Ardaley Butte Mines Azurte Basin Goldfields, Limited Basin Montana Tunnel Co Ots Butte Copper Con Butte Highlands Mining Butte Mines Holding Co Butte West Side Mines Callahan Zinc Caseme Cheater One Fairview Gold Golconda Grandview Jack Waite Jardine Mining — AQ Liberty Montana Nes Marietta Mag & Ming Va Metaline Mag& Leasing Montana Consolidated Mines Montana Power Morning Glory Mines Moscow Silver Mines Mountain City Copper Orth Butte N Nee Oeres North Lily Sunshine Mining Sunshine Cona Virginia City Gold Mining Virginia City Mining Vosburg Mining Walker Mining Zonolite Company John P. Boughan
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