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Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Jun 07, 1950
Page
10
Market closes with mixed gains as grains firm and soybeans rebound from early weaknesses. Wheat and corn show modest moves while oats hold strength on spotty crop reports. Cash sales list No 1 yellow corn at 1.58 to 1.60 and soybeans quoted around 3.15 per bushel for nearby contracts.
The Associated Press reports Spokane Stocks including First Bank at bid 22.37 and asked 23. Northwest Banco shows bid 32.50 and ask 32.75. Mont Power bids 6 with 115 117 asked. North Butte Mining bids 50 and asks 56.
Bonds closed modestly with AT&T 2 3/4% 75 at 100 4, C&O 3 1/2 96E at 101, D&RGW 3 4s 93 at 97, Tex Corp 3s 65 at 105 percent, WP POC 36 OE six at 95 percent.
A compact list of puzzle clues across and down covering movable barriers tabs tastes helped foreboding flattening poles Hebrew month hallowed sun god painting chief deity Babyl a single thread chums often story large showy flower girl s lame strong winged sea bird covers with soap apportions as cards a base silver coin net her a lot a play on words shakes praises heron like poet project fasting period vehem ent ill will ugly old woman birds sloping roadway of greatest age peasants india dwellings mountain pool yesterday s answer cry of a dove wine receptacle forbid land measure grow old gruffity biblical city male cats note of scale depart secretly incite shop accumulate male descendants rave down chess opening hail heavy weight comparative suffix
New York June 6 General Motors common stock led a fast market session with a $7.25 rise to $95.75 the highest in 21 years. A 96 300 share GM block traded and total volume reached 2 250 000 shares, the largest since May 1 as the AP average climbed to 78.6 on the day aided by GM’s performance.
A compact extract of historical mine bids and asked prices across several companies and commodities. Records show figures for Cardiff Naildriver ChfCon iNw Pk Clay Sil No Lily ColoCon and others, with bid ranges framed against standard metals and materials such as Plumbic SilKCI and Keystone. The list lists prices in fractions and percentages, indicating market activity and relative demand for the period.
New York curb closes with a list of company names and percentage figures such as Ford M Ltd, Humble Oil, Stand Oil Ky, Northrop, Pennroad, Pioneer, Todd Ship, Unit Corp, and US Int Lpid. The brief shows varied percentages and a compact market snapshot from June 6.
In New York on June 6, wool markets held steady with estimates of 155000 pounds for tops and 192000 for futures. Wool futures closed down 2 to 8 points, with key bids quoted for October December March and May contracts, while tops futures fell .5 to 1.0 cent. Certificated spot wool tops traded around 204.5.
The notice invites recipients to use part of their GI insurance dividend to open a savings account. It highlights three benefits: federally insured safety, available funds, and above average earnings, stating a current rate of 2 percent per annum.
Butte market reports 745 cattle with varied prices. Goodgrain fed steers 26 to 27.50, medium grain fed steers 24 to 26, good grass fat cows 19 to 21, cutter cows 15 to 17, veal calves 27 to 33, stockers and feeders include good feeder steers 26 to 27, medium feeder steers 24 to 25, stocker steers 27 to 28.50, stock heifers 24 to 26, feeding cows 16 to 19, dairy calves 10 to 19, stock cows with calves at side 210 to 240. Butcher cattle steady. stocker cattle slow to lower.
Spokane livestock report shows cattle salable 300 holdovers 300 slow with prices mostly down. Calves 50 salable. hogs 200 salable and 75 holdovers with butchers 25 cents lower. sows and stags down to 14 16.50. sheep none. Prices list per class include various grades and weights. sausage bulls 20 22. stock calves 30 32. calves and feeders mixed. herd average noted.
Wheat receipts for Tuesday 262, last year 496. Trading unchanged. Cash prices show No 1 dark northern at 2.30 to 2.33 and 12 to 16 protein at 2.30 to 2.54. No 1 hard Montana 2.28 to 2.41. Minnesota dark hard winter 2.27 to 2.30. Milling durum prices 2.42 to 2.44. Red durum 2.19 to 2.41. Corn No 2 yellow 1.40. Oats No 3 white 0.89 to 0.90. Barley 1.06 to 1.70. Rye No 2 1.40 to 1.42. Flax No 1 4.10. Soybeans to arrive 3.03.
Sioux City livestock data for cattle calves hogs and sheep updated June 6 shows cattle supply about 5 600 calves 25 runs including 120 loads of slaughter steers and heifers with generally weaker bids, steady cows and stockers steady to strong values, vealers scarce. Hogs 7 500 with slower activity bids 19 75 to 19 85 for 190 240 lb meat hogs and sows weaker. Sheep 17 000 with market not established.
Cattle receipts total 4 500 calves 2 000 with slaughter steers and heifers slow. cows steady to weak. bulls steady. stockers and feeders weak. Top prices include 1 072 lb slaughter steers at 32, 1 024 lb heifers at 31 with buyers bidding down 30s. hogs 8 500 head mostly 19 to 19.75 for butcher weights 190 to 250 lbs, sows down 25 to 50 cents, heavy weights 16 to 18 . sheep 300 head, lambs 87 to 97 lbs around 26 to 29, ewes 6 to 11.
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