Finance Market Strong with Stocks Holding Spotlight
New York June 12 Financial markets showed broad strength with stock gains of 1 to 8 points led by utilities and rails. Cotton rose modestly while bonds and wheat reflected speculative enthusiasm as dollar weakness and trade recovery influenced prices. Major winners included American Tel, National Distillers, Allied Chemical, United Fruit, Case and Detroit Edison with 5% plus gains. total volume 5,811,960 shares.
MENTIONED IN THIS ARTICLE
John L. Cooley
New York
Congress
London
Sterling
American Tel
National Distillers
Allied Chemical
United Fruit
Case
Detroit Edison
American Can
Consolidated Gas
du Pont
Santa Fe
Columbia Gas
Corn Products
North American
Delaware & Hudson
Kennecott
Anaconda
Harvester
American & Foreign Power
American Waterworks
International Telephone
United Corp
New York Bond Prices Close Mixed on June Bond List
The New York Bond market reports closing prices across U S Liberties Treasuries and domestic issues. Notable items include Liberty 4th 4% reg 33-38 at 102.26 and Treas 3% 1940-43 at 102. Successful domestic issues span Allegheny Corpus and AT&T 5s with varied yields, while several foreign issues such as Norway 1944 and Chile Cop 1947 appear with defined rates.
MENTIONED IN THIS ARTICLE
New York
U. S. Liberties
Wsscecessnee
Allegheny Corpus
Am Sugar
Essees
At&t
AT & SF
Chile
Dodge
Humble Oil Ss
M-K-Tex
Mont Pon
NY Cent & HR
Silesian Am Co
BO NJ
Texas Corp
Hosenue U
Ose
West Pacist
Eee
West Union
Yngsta S & T
Es Ea Ae
Ian Cees
Buenos Aires
Ea Cis O'S
Liere
Canada
WMI
Norway
Foreign Exchange Summary in New York Markets
Foreign exchange markets in New York show firm demand for Great Britain at 4.14% in spot and 4.15 on cables with 60 day bills at 4.14. France quotes 4.83 for both demand and cables. Italy demand 6.41 with cables at 6.41. Belgium 17.10 and Germany 28.85. Montreal in New York quotes 80.50 and New York in Montreal 110.50.
MENTIONED IN THIS ARTICLE
Foreign Exchange
New York
Great Britain
France
Italy
Belgium
Germany
Montreal
Added Stability in Wool Market
Boston June 12. A government regulated wool program stabilizes the market as regional agricultural credit corporations plan to market wool with federal loan backing to protect growers. Demand remains, with current quotes for various grades around 31 to 68 cents per pound and premiums previously paid for choice Ohio and Michigan wools noted.
MENTIONED IN THIS ARTICLE
Boston
Ohio
Michigan
Territory
Closing Grain Letter from Winthrop Mitchell & Co
Chicago dated June 12 notes Wheat Liverpool prices closing lower with Sterling up four points. Weather across the region improves with scattered showers in Kansas and Nebraska and Iowa. Forecast calls for fair skies and warmer temperatures. New wheat moving in from the Southwest. producers in favorable districts accept current levels. Interior markets pay at least one cent per bushel above Kansas City parity, suggesting limited sustained pressure on Missouri river terminals.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Sterling
Kansas
Nebraska
Iowa
Kansas City
Missouri River
Potatoes Prices Report From Chicago Market Details
USDA data show U S potato shipments Saturday at 697 and Sunday 14 with new stock about steady and trading moderate. Prices vary by region with Arkansas Alabama Louisiana at 2 10 to 2 30 and Idaho russets around 1 50 to 1 60 while Wisconsin round whites and Michigan russet rurals bring 85 to 95 cents.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Arkansas
Alabama
Louisiana
North Carolina
Wisconsin
Michigan
Idaho
Call Money Rates Steady in New York Market
Call money in New York on June 12 held steady at 1% for the day. Time loans showed firmer demand with 60-90 day terms at 1% and 4 months at 1 14 percent, while 5-6 months reached 1 19 percent. Prime commercial paper remained at 1% and bankers acceptances were unchanged across 30 days and longer maturities.
MENTIONED IN THIS ARTICLE
New York
Treasury Receipts and Expenditures Report June 9
Treasury receipts for June 9 were 9 580 908 76 dollars. Expenditures totaled 22 173 436 46 dollars. Balance stands at 279 797 114 94 dollars. Customs duties for the first nine days of June reached 6 718 143 16 dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Sugar prices steady in New York market
Refined sugar remained unchanged at 4.60 cents in New York on June 13.
MENTIONED IN THIS ARTICLE
New York
Flour prices and night-saloon policy noted
In Butte flour was quoted at 5.35 yesterday in the local market. Reports from Australia mention about 20 species that fly including flying squirrels opossums mice and even bears. England is allowing saloons to stay open longer at night.
MENTIONED IN THIS ARTICLE
Australia
England
Grazing Fees for National Forests Set for 1933
Helena June 12. An adjusted grazing fee schedule for 1933 bases rates on general livestock market prices and 1931 rentals. The average cattle fee is 9.05 cents per head per month, about 37.6 percent below the prior appraisal. Excess collections will be refunded or credited to rentals. shortages require additional payments.
MENTIONED IN THIS ARTICLE
Helena
J. N. Templer
Helena National Forest
United States Forester
Hog Prices Rise on Light Weights and Strong Hogs
Chicago market report shows hogs 28 000 with 15 000 direct up 20 cents. Good to choice 190-300 lbs quote 4.75 to 4.80 top 4.80. Heavier weights down to 4.50. Sows weak to 10 cents lower with bulk 400-500 lbs at 3.75 to 23.90. Pigs 3.50 to 23.75. Sheep 10 000 4 500 direct steady with best at 8.25 and bulk at 8.00. Fed yearlings 6.75 and ewes 2.75 to 3.15.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Market Report From Omaha Cattle Hogs And Sheep Prices
Cattle 7 000 calves 500 fed steers steady top 6.25 at 1 148 lbs fat stock steady heifers up 10 15 cents to about 450 5 few 5 40 beef cows 3 25 93 75 mid bulls steady 2 75 2 85 few 2 90 practical top dealers 6 Hogs 10 000 lights and butchers 10 cent higher top 4 50 210 280 lbs best grade 4 25 94 50 160 300 lbs 4 25 94 50 140 160 lbs 3 75 3 94 25 in between 3 50 sows 10 cent higher 3 65 4 4 10 feeder pigs 3 4 50 Sheep 5 500 1 800 through bids weak 25 cent lower native lambs 6 50 7 75 ewes 1
MENTIONED IN THIS ARTICLE
Omaha
USDA
Denver Market Cattle Hogs And Sheep Report
Denver cattle receipts 2 800 calves 300 19 cars through beef steers and yearlings slow light yearlings steady to 10c lower heifers 5 60 5 75 mixed yearlings 580 other classes steady light steers 5 50 5 85 cows 4 down cutters 1 75 2 75 bulls 3 25 93 90 dealers 6 50 down stock steers 4 75 load 369 lb stock steer calves strong 6 25 hogs 6 000 36 singles direct 26 through 10 20c higher top 4 65 good and choice 170 300 lbs 4 40 4 60 light lights 4 94 25 packing 340 3 15 4 feeder pigs steady 50 sheep 5 300 907 through native lambs 10 25 lower at 7 25 8 shewn yearlings 6 50 best wooled lambs held to 8 or above
MENTIONED IN THIS ARTICLE
Denver
USDA
Chicago Produce Report Sees Mixed Poultry and Egg Prices
Chicago market notes show poultry prices for live birds and hens varying by class with leghorn and rocks breeds listed. Eggs move steady at 34,946 in receipts with grade levels and storage packed items noted.
MENTIONED IN THIS ARTICLE
Chicago
Cattle and hog markets report at South St Paul
South St Paul Minnesota cattle herds with 4 000 head hold at steady to higher prices. Steers and yearlings 5.00 6.00, some 6.50. common 4.00. butchers 4.00 5.00. sows 3.00 3.75. cutters 2.25 2.75. bulls 2.75 3.00. Hogs 5 500 head, lights and butchers steady, spots up 5c, sows 10c lower, 160 325 lbs 4.25 3 5 4.95 top 4.40. pigs 3.75 4.00. Sheep 800 head, packers 25c lower, good to choice lambs 7.75 or higher for best shorn lambs.
MENTIONED IN THIS ARTICLE
South ST. Paul
Minn
USDA
Roosevelt urges future farmers to treat timber as a crop
President Roosevelt told the Future Farmers of America on the White House portico that timber lands require greater attention. He warned virgin timber will last only 30 to 40 years and that the nation is using it four times faster than it grows, stressing timber's indispensable role.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Future Farmers of America
Agriculture
White House
Beet growers in four states receive 1.1 million payment
Montana beet farmers totaling 224,844 are among those paid by Great Western Sugar Company. The 1932 crop payments cover Colorado, Montana, Wyoming and Nebraska, with Montana growers including Billings receiving 224,844.
MENTIONED IN THIS ARTICLE
Denver
Great Western Sugar Company
Colorado
Montana
Wyoming
Nebraska
Sheep rental fee cuts shown in appraisal
The document notes a rent reduction to 2.05 cents per month per sheep, representing a 54 percent decrease from the appraisal-fixed rental. It highlights the financial terms affecting livestock leasing and the substantial cut approved or observed.
Metal Market Roundup Sends Mixed Signals Across Commodities
New York reports on June 12 show copper quiet at 8 cents for spot and future, tin firmer at 45.12 dollars spot and 45.37 futures, iron steady at 15.50 FOB in Eastern Pennsylvania and 14.50 to 15 in Buffalo, lead at 4.20 New York and 4.05 East St. Louis, zinc steady in spot and future at 32.? cents, antimony at 6.75 cents, and quicksilver at 60 dollars.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Buffalo
Alabama
East St. Louis
Salt Lake Mines Market Bid Table Summary
United Press reports Salt Lake City mining bids tabulated on June 12. The list shows stock bids and asks for numerous mines and companies including Alta Tun, Moscow, Cardiff, Provo, Utah, Mammoth, and Kennebec with bid percentages and price quotes for each.
MENTIONED IN THIS ARTICLE
United Press
Salt Lake City
Moscow
Cardiff
Quincy
Ohio
Bing
Nelson
Pk Utah
Plumbie
Eke Lilly
Provo
Iron King
Bpec
Kennebec
Swan Con
Keystone
Iehi Tin
Mont Bing
Tin Ltd
iVie Con
Mammoth
Wilbert
Oils and Utility Shares Advance Across Market Hearing
New York June 12 UP Soaring petroleum and public utility shares led a vigorous curb exchange advance with heavy volume. Humble Oil surged over 6 points to a 1933 high above 84 as Gulf Oil of Pennsylvania rose about 2. Power stocks gained steadily with American & Foreign Power warrants American Gas and Commonwealth Edison moving higher. Cord and Stutz encouraged a rally in motors while several industrials rose up to 3 points on uneven trades. Mining shares weakened after early strength.
MENTIONED IN THIS ARTICLE
New York
Curb Exchange
Humble Oil
Petroleum Group
Gulf Oil of
Pennsylvania
American Gas
Brazilian Traction
Commonwealth Edison
Boston Stock Exchange Bid and Asked Ranges Report
Boston stock market note shows bid and asked ranges for several issues including Hancock Mohawk Apex Nipis Mtls Isle Royal Swift Co and others with percentage figures and decimals. The report is filed from Winthrop Mitchell and Co dated June 12.
MENTIONED IN THIS ARTICLE
Winthrop,Mitchell & Co
Boston
Quincy
Hancock
Swift Co
Isle Royal
Mohawk Ll
Uth Apex
Nipis Mns
Uth Mtls
No Butte
Butte Hog Market Quotes Varied by Weight Classes
Hogs were quoted in the locs market yesterday with price ranges for choice 4sc medium heavy 4 4%c heavy 334¢ extra heavy 3 3%c light 4 4%c extra light 3 o Nc.
MENTIONED IN THIS ARTICLE
Locs
Wheat hits two year high on market strength and crop damage
Chicago reports wheat and oats reaching fresh two year highs as late trading boosts prices. Issuing crop damage notes east of the Mississippi and a Wallace policy statement expected Friday influence markets. Wheat closes near the day’s top, with July and September futures showing gains while corn and oats mix. Provisions fall on profit taking.
MENTIONED IN THIS ARTICLE
John P. Boughan
Chicago
Mississippi River
Wallace
Department of Agriculture
Minneapolis grain prices and futures report summary
Minneapolis June 12 grain notes show wheat at 317 cars versus 9 a year prior with higher market tone. Cash grades list No 1 northern 774 to 783 percent, other northern and durum varieties quoted with protein adjustments, July to December futures cited. Corn No 3 yellow 34 to 37 cents, oats No 3 white 26 cents, barley 44 cents, rye 58 to 59 cents, flax around 1.625 to 1.65 dollars, sweet clover seed 2.25 to 2.50 dollars.
MENTIONED IN THIS ARTICLE
Minneapolis
Wheat Markets Report From Portland And Minneapolis
Wheat prices in Portland for July at 62 cents and September at 64 3/4 cents with December at 66 1/2 cents. Cash bids show Big Bend blue stem 69, hard dark winter 70, 12 percent 70, soft white 61 1/4, hard winter 60, western white 59 1/2, northern spring 59. Oats No 2 white at 22.50, mill standard 19.00. Barley and flour receipts noted. Minneapolis futures open and close near 73 76 1/8, with 75 near, showing mixed gains.
MENTIONED IN THIS ARTICLE
Portland
Ore
Big Bend
Minneapolis
Also Mentioned on This Page
Standard
Rails
Day
New York Stock Exchange
Winthrop Mitchell & CO
Alaska Juneau
Alleghany Corp
Allis Chalmers
American Chicle
Amer. Inter. Corp
Amer
American Metals
Am. Pw
Sugar
Am. Tel
Telgh
Tobacco
Aml
Amer. Zinc. Com
Ann. Wire & Cable
Auburn Auto
Eweee
Avia. ( Corp
Del
Nso Eo
Ees
Baldwin Loc'motive
Baltimore & Ohio
Barnsdall
Beatrice Creamery
Best & Co
Bendix Aviation Co
Bethlehem Steel
Borden & Co
Bohn Aluminum
Borg & Warner
Briggs Mfg. Co
Br’k'n-Man
Butte & Superior
Butte Cop
Zinc
Seer Byers
AL M
Lew Ewe
Calumet
Can. Pacific R
Case Co
Celanese Corp
Cerro de Pasco
Chesapeake & Ohio
Com
C. M
St. P
Chi. Rksl
Coca Cola Co
Chrysler Motor Oo
Cola, Fuel & Iron
Columbia Carbon
C’m'ith Sc. Coroa
Congolemn Nairn
Consolidated Cigar
Consolidated
Dia
Motors
Crown Cork & Seal
Crucible Steel
Curtiss Wright
Curtis Wright
Drugs, Inc
Douglas Aircraft
Iduppont
Eastman Kodak
Eaton Mfg. Co
Elec
Elec. Mus
Engl. Pub. Service
Erie Common
Freeport Texas
F. G. Shattuck
General Electric
General Foods
General Mills
General Motors
Gillette Razor
Glidden Common
Goodrich
Goody'r
Graham Paige
Seeee
Granby Coneoe
Gt. North
Gt. West
Grigsby Grunow
Gulf Sta States Steel
Teeee Hudson Motors
Seeee ‘Hupp Motors
Ingersoll Rand
Rand
Son Eh
Inspiration Copper
Int
Inter. Harvester
Inter
Inter, Tel
Tel
Johns Manville
Glnelly ‘Ld Nw
Bil. Eee
Kel Co
Kennecott Copper
Kresge
Kroger Grocery
Sears ‘Lambert & Co
Wee Liggett & Meyers
Lowes Inc
Lorillard Tobacco
L'ville Gas
McKeesport Tin
Mack Truck Seven
Macy & Coco
Thee
Magma Copper
Marlin Rockwell - Eel
Matheson Alkali
Miami
Mo. Kan
Tx. cm
Mo Pacific
Montgomery Ward
Murray Corp
Nash Motors
National Acme
National Biscuit
Nat'l Cash Register
Nat'l Dair Prods Eee
Nat'l Distillers
Nat’l
Nevada
New Haven
M. Y. Central Eoe
Noranda Mines
Ene M. A. Aviation Eel
No. Amer. Corpn
Pacific Ry
Seeeel Ohio Oile
Owens Ill. Glass
Pac. Gas & Elec
Packard Motors
Park Utah Mining
Phelps Dodge
Proctor & Gamble
Pub. Serv
N. J
Pullman Co
Radio Corp
Radio Keith Orph
Remington Rand
Jeee
Repub. Steel Corpn
R. J. Rev. Tob
Royal du Dutch N. Y
Safeway Ay
St. Joe Lead Ree
San. Fran
Schulte Re
Simmons Co
Socony Vacuum
S. P
Cal. Edison
South
Pac. Ry
Southern Ry
Gas & Elec
Oil of Calif
Oil of
Stewart Warner
Studebaker
Tenn. Cop. & Chem
Sia
Arenest
Texas Corporation
Tex
Gulf
Tex Pac Coal & Oi
Tx. Pac
Land Trst
Tidewater Associa
Transamericans
United Aircraft
United Corporation
United Fruit Etence
United Gas Imp'at
U. S. Indus
U. S. Pipe & Fdry
U. S. Rubber
U. S. Steel, Pfd
Union Carbide
Union Oil of
Calif
Union Pacific Ry
Steeeel
P. & Lite
Lycom
Warren Bros
Westinghouse
West Union Telsee
Westinghouse Elec
Woolworth
Worthington Re
Gales
Treasury Report
Butte
Metal Market
Salt Lake Mines
New York Curb Exchange
New Yorke
CURB
Amer G &E
Ark Nat Gas A
Assoc
Hill & Su
Carib
Eib&s
Ford Mtr Ltd
At & Pac
Enema
Gulf Oil PA
Seddecasedsee Ossnee Holling
Hudson Bay
Mount Prod
Newmont Mine
Ning Hudsow
Ceeeee
Niles Bemp
Ebeeee
Nova del Ag
Rene
Sit Crk Pro
Seiberling
Swift & Co
Esseeves Texan
Trans Air
US & Int
Cone
Vernesuela Pet
Montana Stock & Bond Co
Ardsley-Butte Mines
Soses
Basin Goldfields, Ltd
Basin Montana Tunnel
Butte Copper
Coas Mines
Butte Highlands Mining
Butte & London
Acene - Butte Mines Holding Corp
Coas Mining
Corp Trust
Oer Corp Trust
Eee Corp Trust
Acc
Ve Corp
Petroleum Seeee
Ee Fund
Serene
Baeenneee
Hattie Ferguson
Imperial
Mont Highlands Mining
Mountain City Cooper
National Parks Airways
Shoshone Consol
Sss
Sunshine Mining
Sup Corp of
Amer Trust
Vosburg Syndicate
Compadf
Sceeveree
Boston Stock Exchange
Winthrop, Mitchell & Co
Metals Bank & Trust Co
First Bank Stock Corporation