Feeble support and irregular prices in New York stock market
New York on June 7 reported feeble support for stocks with market activity easing. Copper shares led an initial forenoon advance that faded, while concerns over business outlook and profit selling weighed. Transfers totaled 371,980 shares. the Associated Press average fell 0.1 to 38.8. Government spending plans and monopolies investigation funding influenced sentiment amid dividend cuts and weak earnings. oil stocks paused as Standard Oil of New Jersey signaled lower early 1938 figures.
MENTIONED IN THIS ARTICLE
Frederick Gardner
New York
Iowa
Wallsteel
Midwest
Associated Press
Public Works Administration
Senate
Farish
Standard Oil of N. J. Co
Potatoes Steady As U S Shipments Rise Across States
Chicago market report shows U S potato shipments totaling 332 with new stock at 766. Prices for U S No 1 vary by state from Louisiana 1.75 to Alabama 2.10, California White Rose 2.20, Oregon 1.85, North Dakota 1.35, and other regions listed with size B and U S Commercial grades.
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Chicago
U. S
Bliss
Louisiana
Arkansas
Alabama
Texas
North Carolina
California
U.S
Russel Burbanks
Idaho
Washington
Oregon
North Dakota
Cattle Market Shows Steady Trade Across Classes
Chicago reports cattle and calves trading steady with top steers at 10.60 and heifers to 9.50. Sheep and lambs rise modestly with spring lambs near 10.25 to 11.50, while hogs gain 15 cents to reach 8.40 to 8.95 for common weight ranges.
Local Sell of American Surgical Instruments in Cairo
A Cairo trade report notes American surgical instruments are finding purchasers in Egypt. The item highlightscross border commerce and medical supplier activity in the region.
MENTIONED IN THIS ARTICLE
Cairo
Egypt
Supreme Court delays Rogers Pass hearing in Montana
The Montana Supreme Court moved the Rogers Pass injunction hearing from June 13 to June 20 at the request of Sherman Smith attorney for R M Mills Lewis and Clark county taxpayer who won the district court stay blocking the state highway commission. In Canon City a locomotive crew encountered a lion that knocked a deer near the Royal Gorge. the crew stopped, the lion was stunned by a fence, and a fireman killed it with a coal pick.
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Helena
Montana Supreme Court
Lewis and Clark County
Rogers Pass
Sherman Smith
R. M. Mills
State Highway Commission
Great Falls
Missoula
Montana
Canon City
Colon
J. D. Batie
Lee Barker
Royal Gorge
Arkansas River
Batie
Barker
Retail giants report May sales drop across chains
Montgomery Ward and Company posts May sales of 36 million 149 thousand 558 dollars, down 7.64 percent from May 1937. First four months of the fiscal year total 125 million 773 thousand 869 dollars, down 1.14 percent from 1937. J C Penney reports May sales of 18 million 853 thousand 047 dollars, a 17.39 percent drop from May 1937 22 million 821 thousand 561 dollars. Five month turnover falls 8.69 percent versus 1937.
MENTIONED IN THIS ARTICLE
Chicago
Montgomery Ward and Company Today
New York
J.C. Penney Company
Shanghai Adopts Roller Skating After War
After years of effort Chinese promoters popularize indoor roller skating as war tide passes. Since last fall rinks have been established and crowds often fill them. The sport replaces dancing among the youth as a cheaper entertainment option.
MENTIONED IN THIS ARTICLE
Shanghai
Chicago Produce Prices Report June 17
Butter totals 1 362 457 lbs with grades 93 score 24 to 24 1 2 c, 92 score 24c, 90 91 score 23 1 4 c, firsts 88 89 score 20 21 c and 90 score centralized carrots 23 3 4 c. eggs 20 652 firm graded extra firsts 194 c per dozen. cars 19 c firsts local 18 19 c with other prices unchanged.
MENTIONED IN THIS ARTICLE
Chicago
Seattle Produce Prices Reported From Market Trades
Seattle wholesale butter ranges 2314 to 222 cents per unit with varying scores and prints. Eggs show large extras at 25 cents and mediums at 22 cents. Cheese prices listed as triplets at 12 and a half cents. fats at 24 cents.
MENTIONED IN THIS ARTICLE
Seattle
USDA
Canadian crop conditions near normal in May across Canada
Ottawa June 7. Condition figures for all field crops in Canada at the end of May were close to normal. Except for fair wheat, conditions were well above the figures reported at the same time last year according to the Dominion Bureau of Statistics.
MENTIONED IN THIS ARTICLE
Ottawa
Canada
Dominion Bureau of Statistics
Cattle and Hogs Prices Volume Report From Omaha Market
Slender activity with 5500 cattle calf lots and 4000 hogs at Omaha market. Calves steady to slow, steers and yearlings mixed. heifers steady to strong with cows and bulls varying. Hogs active and higher on various weight ranges. sows and feeding pigs noted with price ranges. sheep and lambs bid steady to strong amid scarce feeder stock.
Cattle Hogs and Sheep Prices From Denver Market Report
USDA market report shows 1,000 cattle and 3,900 sheep with steady to mixed bids. Calves steady with some early weakness. steers 8.50 to 9.10 flat, heifers weaker, old cutters 5.25 to 5.50, bulls 6.50 to 6.75. Hogs active 5 to 15 cents higher, 160 to 270 lbs 8.85 to 9.00, 290 to 360 lbs 8.65 to 8.90, sows 7.50 to 7.75. Best Idaho lambs above 10.50 with limited offerings.
MENTIONED IN THIS ARTICLE
Chicago
Denver
USDA
Cattle and hog market report from Sioux City auction
USDA market notes from Sioux City show 3,000 cattle and 2,800 hogs with buying steady to higher. Calves and fat steers mixed, top yearlings about $9.60 to $9.75 per hundredweight. beef cows $6.75 to $7.50. feeders scarce. Hogs 180 to 260 lb $8.50 to $8.65. 260 to 300 lb $8.25 to $8.50. sows $7.50 to $7.70. sheep 2,000 head with light activity on fat lambs and open prices unchanged.
MENTIONED IN THIS ARTICLE
Sioux City
USDA
Texas
Livestock Prices Active in Portland Sale
Cattle and calves 50 head offered with bids from $3.25 to $8.75 for various classes. Hogs 300 head active with drives at $8.50 to $8.75 for 170 to 265 lb, sows $6 to $6.50. Sheep 300 head rising 26 cents with spring lambs $7 to $7.50 and common to medium $5.50 to $6.50.
MENTIONED IN THIS ARTICLE
Portland
USDA
Ogden Market Report Highlights Cattle Hogs And Lambs
Ogden dairy and livestock figures show cattle 460 calves none slow steady prices for common to medium steers 576.15 for heifers 4500 7650 good cows 5.50 5.75 common to medium 4.26 5.25 cutters 2.75 4.94 late Monday choice dealers 9.95 good 8.25 8.75 hogs 2005 10 cents lower 180-270 lbs 808.85 sows 5.50 6.50 sheep 72 400 late Monday four loads Idaho lambs 9.65 California clipped lambs 8.35 slaughter ewes 303.0.
MENTIONED IN THIS ARTICLE
OGDEN
USDA
Idaho
California
Cattle Hogs and Sheep Prices in Spokane Market
Spokane market reports cattle 217 medium cows at 404.75 and good calves at 898.75, hogs 79 with price ranges 160-225 lbs at 8.15 and over 230 lbs at 7.65 to 7.15, sheep 61 unchanged. USDA notes accompany prices.
MENTIONED IN THIS ARTICLE
Spokane
Wash
USDA
Cattle Market Report St. Paul June 7
South St. Paul cattle yard report notes 3,500 head sale with slaughter steers steady at about 9.00 to 9.50 dollars per hundredweight, fat heifers around 7.25 to 8.15, beft cows 5.50 to 6.50, cutters 4.75 to 5.25, USDA figures compiled for the day.
MENTIONED IN THIS ARTICLE
South 8St. Paul
South ST. Paul
USDA
Metal Prices Hold Steady in New York Market
Copper, tin, lead and zinc closed steady in New York trading on June 7. Spot electrolytic copper at 9 cents, tin at 38.87 cents, lead around 4.05 cents, zinc steady from East St Louis at 4 cents, with other metals including pig iron aluminum antimony quicksilver platinum and wolframite unchanged.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Curb stocks rise modestly in dull trading on June 7
In New York the curb market edged higher after an early uneven start. Aluminum Company of America rose about two points, Pepperell Manufacturing gained a point, and Humble oil shares advanced over a point. Celanese first preferred tumbled ten points on no dividend action.
MENTIONED IN THIS ARTICLE
New York
U.P
Aluminum Company of America
Pepperell Manufacturing
Celanese
Humble
Gulf
Chicago Wheat Advances on Government Buy Signals
Chicago wheat futures rose to near the day’s high on expectations of higher government loan support and strong relief purchases. Reports from the Southwest told of very poor yields and low quality, with Anthony Kansas threshing at six to seven bushels per acre.
MENTIONED IN THIS ARTICLE
Chicago
United States
Southwest
Anthony
Kansas
Dispatch
Foreign Exchange Rates Reported From New York
Foreign exchange data from New York on June 7 shows Great Britain at 4.047% demand and 4.94% for cables and 60-day bills. France at 2.7714, Italy at 5.26 on cables. Belgium and Germany rates listed with various terms. Montreal in New York at 98.68% and New York in Montreal at 101.31%.
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New York
Great Britain
France
Italy
Belgium
Germany
Montreal
Wool futures edge lower amid scattered selling
New York June 7 price changes in wool top futures were narrow and irregular as liquidation and broker selling met steady demand. Roubaix values were flat to 10 cents lower, Antwerp off 4d, while futures closed 2d lower to 5d higher with July at 73.0 and December around 74.5 bid on standard top bids 716.0 off 0.5.
MENTIONED IN THIS ARTICLE
New York
Antwerp
Sugar prices steady in New York markets
Refined sugar held at 4.50 cents in New York, with outlying districts expected to raise to 4.50 cents by tonight. Local buyers restricted purchases to near term needs as markets paused.
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New York
Salt Lake Mines Market Summary
Bulls steady to weak with cattle at 5.65 to 6.25 for stockers scarce and calves 3 000 vealers steady 7.50 to 9. Hogs 6 000 steady to 10 cents higher with tops at 8.85 for 160 to 250 pounds 8.45 to 8.75 250 to 300 pounds 8.10 to 8.50 300 to 400 pounds sows 7.40 to 7.75 stags 7 to 7.75 pigs quotable 9 to 9.75.
Market Report From Seattle Animals
Seattle on June 7 reports cattle 93 head hogs 678 sheep 289 all steady with no price changes. Market observers note steady demand and stable livestock values across the region.
MENTIONED IN THIS ARTICLE
Seattle
USDA
Grain prices and receipts for Minneapolis wheat market
Wheat receipts today 42 cars, same as year ago, trading basis unchanged and quotations 4c lower. No. 1 heavy dark northern 91 1/2 to 100 1/2 cents. No. 1 dark northern 80 1/2 to 99 1/2. No. 2 87 1/4 to 96 1/2. No. 3 83 1/4 to 94 1/4 cents. Fancy No. 1 hard Montana 84 1/4 to 90 1/2 cents. Durum and red Durum grades listed with varying cents per bushel. Corn No. 3 yellow 52 to 53 cents. Oats No. 3 white 25 to 26 1/2 cents. Barley 35 7 to 66 cents. Rye No. 2 49 1/2 to 54 cents. Flax No. 1 1.72 to 1.77 dollars. Sweet clover seed 5.00 to 6.00 dollars.
MENTIONED IN THIS ARTICLE
Minneapolis
Montana
Minneapolis Flour Prices and Shipments on June 7
Minneapolis flour market report shows carload lot prices per barrel in 98-1b cotton sacks with Family patents 10 cents higher at 5.65 to 5.85, standard patents unchanged at 5.05 to 5.25. Shipments recorded at 18,590 and bran prices around 15 to 15.50.
MENTIONED IN THIS ARTICLE
Minneapolis
Denver Potatoes On Track As Shipments Reported
US potato market update from Denver shows Monday shipments at 21 cars with liberal supplies and fair demand. California White Rose priced at two dollars per car, market slightly higher. Tuesday morning Denver on track with 21 more cars headed for market.
MENTIONED IN THIS ARTICLE
Denver
USDA
U. S
Colorado
California
Portland Grain Market Report June Finds Mixed Wheat Futures
Wheat futures closed with July at 68 3 4 cents and September at 86 cents. Cash grain quotes list No 2 white oats at 25 00 and No 2 gray at 25 00, barley No 2 at 25 00, and No 2 corn at 28 50. Cash bid prices show various wheat types from 66 to 71 cents with protein levels noted. Car receipts recorded wheat 14, barley 1, flour 9, corn 4, millfeed 3.
MENTIONED IN THIS ARTICLE
Portland
Ore
B. W
Butte Hog Market Quotation Summary
Butte hog prices list by weight show 160-200 lbs at 8 14 cents, 200-225 lbs at 8 14 cents, 225-250 lbs at 8 cents, 250-275 lbs at 7 ½ cents, 275-300 lbs at 7 4 cents, 300-325 lbs at 7 4 cents, 325-350 lbs at 7 cents. Sows and stags quoted 5 to 6 cents.
Flour Quoted in Butte Market at 5.60
Flour prices in Butte were noted yesterday with a quotation of 5.60 per unit. No additional context on supplier or quantity is provided.
MENTIONED IN THIS ARTICLE
Butte
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