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This newspaper page contains 29 articles. Subscribers can read the full text of each article.

Newspaper

The Montana Standard

Location

Butte, Montana, United States of America

Date

Jun 14, 1933

Page

10

Stocks Slide as Dollar Rises in World Markets

New York June 13 Stocks closed lower as the dollar strengthened amid overseas tensions and profit taking. Industrials and rails led declines while utilities held firm. Trading volume ran to 6,304,540 shares as the market absorbed currency movements and awaited Secretary Hull's forthcoming speech.

John L. Cooley New York Dollar Exchange American Telephone Case American Sugar National Distillers Allied Chemical American Can du Pont North American Consolidated Gas of New York Public Service of New Jersey Sears Roebuck United States Steel Union Pacific London Wall Street Hull America

New York Bond List Shows Mixed U S Liberty Prices

Today's bond table lists U S Liberty prices with 32 47 46 39 47 yields and Treasuries ranging from 110 to 102.13. Domestic issues include Allegheny, Am Sugar, AT T, B&Q, Great Northern, Humble Oil, and others with varied percentages. Foreign bonds include Belgium, Brazil, Britain, Argentina, and Germany, with prices and yields spanning mid 80s to mid 90s and beyond.

U. S. Liberties Nsccce Allegheny Corp AT & SF CM & St P Bopebaw CM & St Eseas A& NW Ccc Chile Det Holsn Dodge Humble Oil M-E-Tex Coe ONY Texas Corp Cccseere Unit Drug U S&s Rubber Utah S & T Betos. Sp Brazil Aevever

Strength in Wool Market Buoyed by Higher Purchases

Boston June 13 U P W wool prices show strengthening tendency as dealers quote territory and combing wools higher than western purchases. Quarter blood territory and combing wools reach 59 60c lb scoured, with three eighth blood firmer at 61 62c. USDA notes moderate Ohio fleece trade and fine delaine selling around 28 29c greasy.

Boston U.P West U. S. Agriculture Department Ohio

Wool Market Prices Hover as Fleeces Move Slowly

The report notes prices for various wool types with half-blood fleece quoted at 58 to 60s and small lots selling around 28 to 29¢. Medium fleeces are steadier at 32 to 33¢, with overall volumes remaining modest.

Chicago Produce Prices and Market Totals Report

Chicago June 13 Poultry live 62 trucks steady hens 915 10 c Leghorn hens 8c roosters 8 3 c No 2 6c turkeys 10 12c spring ducks 6 8c ducks 5 6c geese 6 c Leghorn broilers 11 13c Rocks 16 20c colored 15 17c Butter 15 906 steady creamery specials 93 score 22 22 3c extras 92 score 21 21c extra firsts 90 91 score 21 21c firsts 88 89 score 19 20c seconds 86 87 score 17 18c standards 90 score centralized carrots 22c Eggs 21 025 unsettled prices unchanged.

Chicago

Foreign exchange market report from New York

Foreign exchange in New York shows easy demand with Great Britain at 4.14% in dollars and 4.1335 for 60-day bills, France at 4.82, Italy quoted at 6.3815 with cables listed as 638%.

New York Great Britain France Italy

Closing Grain Letter from Winthrop Mitchell Co

Chicago dated June 13 reports wheat weather forecasts with clear skies west of Missouri and warming trends east of it. Northwest grasshopper chatter persists while Winnipes and Minneapolis markets show strength, predicting further price gains as the day’s erratic movement proves wholesome.

Chicago Missouri River Dakotas Minneapolis

Potatoes Prices Report Across States in June

Chicago reports mixed potato pricing with 72 cent base price and 232 shipments. Alabama and Louisiana show Bliss variety trading around 2.15 to 2.35 dollars while decayed stock ranges 2.00 to 2.10 and Texas Triumphs hold near 2.35. North Carolina Cobblers fetch 3.00 to 3.25, Wisconsin and Michigan Russets run 0.85 to 1.00, Idaho Russets around 1.65.

Chicago U.S.A U. S Alabama Louisiana Wisconsin Michigan

Portland Wheat Prices and Car Receipts Report

Portland grain markets show wheat futures closing July 61 cents September 64 cents December 67.5 cents. Cash bids list Big Bend bluestem 69 cents dark hard winter 12 percent 70 cents 11 percent 66 cents soft white 61.5 cents western white northern spring western red 59 cents hard winter 66. Carload receipts include wheat 32 barley 1 flour 8 oats 1 hay 1. Weather and other market notes not provided.

Portland Big Bend

Sugar Prices Steady in New York Market

The refined sugar market held at 460c as of June 13 in New York. Demand showed withdrawals against old contracts but no new business was reported.

New York

Bank of America Restores Salaries and Declares Dividend

San Francisco bankers announce a $750,000 dividend for shareholders and a policy to restore salaries to pre-cut levels as of June 13. Directors approved the disbursement and salary restoration plan.

San Francisco Bank of America

Chicago to Atlantic Coast Sailings Grow From None to Five

Five years ago no sailings connected Chicago to the Atlantic coast. Now the city offers five scheduled departures, signaling a notable expansion in regional steamship service.

Chicago Atlantic Seaboard

Hogs Steady As Bids Run Lower In Chicago Market

Chicago June 13 USDA reports cattle and hogs trading with steady to weak undertones. Cattle on 8,000 head with steady to 25 cent lower bids, hogs at 27,000 head with some bids lower yet, good to choice hogs 190-290 pounds averaging 4.65 to 4.75, sows 3.75 to 4.50, pigs 3.25 to 3.75, lambs and ewes show pressure with odd lots at 8.25 and 8.50 for lambs, fat ewes steady around 2.73.

Chicago

Omaha Market Report Shows Cattle and Hogs Decline

Omaha cash market notes cattle prices slipping 10 to 15 cents with top steers near 6.25 per 100 pounds and heifers around 5.15. Hogs trade 4.25 to 4.45 with lighter weights and sow prices down to 3.65, while sheep and lambs also ease, led by 265 direct lambs at 7.25 to 7.50.

Cattle Hogs and Sheep Prices Mixed at Denver Market

Denver report shows cattle and calves mostly steady to lower with vealers down. Beef steers 1,065-1,075 lbs at 5.60 to 6.10, stock and feeder ranges noted. hogs 170-300 lbs around 4.45 to 4.65 with sows 3.75 to 4.10. sheep buyers 15 to 25 cents lower with best wooled above 7.75.

Denver USDA

Market Report From South St. Paul Livestock Sale

Cattle sale bids ease up to 25 cents lower with 2 100 animals offered. Hogs steady with top near 4 40 and weights 160 to 325 pounds. Sheep 375 direct cattle in market with packers seeking lower bids, best yearlings around 6 dollars.

South ST. Paul Minn U.S.D.A

Copper market eases slightly as sellers quote 8 cents per pound

Market observers say the tone of the copper market is slightly easier though sellers continue to quote 8 cents a pound. Reports indicate second hand sales at 7.5 to 7.6 cents. The note mentions 90 percent of Ecuador’s population relying on agriculture for livelihoods.

New York Ecuador

Defends the Farmers Resisted Court Orders in Iowa Case

William P. Welch of Logan Iowa leads defense for 25 northwest Iowa farmers held for farm disturbances that led to martial law across three counties. The defendants face charges of conspiracy to resist court orders and contempt of court.

William P. Welch Northwest Iowa Logan

Metal Market Report from New York Futures

Copper quiet at 8 cents for spot and futures. Tin firm at 45.75 dollars spot and 46 dollars futures. Lead steady at 4.20 cents spot New York and 4.05 cents East St. Louis. Zinc steady at 4.32 in East St. Louis. Antimony spot at 6.75 cents. Tron unchanged.

New York East St. Louis

Spokane Bid Board Sees Rates for Mining Stocks

Market notes from Spokane show daily bid and asked prices for mining and related stocks. listed entries include Pendie/ Pend leil ie, Bunkerhill, Dayrock, Grandview, Hecla, Metl Mts, NW Life, Noble Five and Wellington among others with figures ranging from a few percent to 730.

Winthrop, Mitchell & Co Spokane Bunkerhill Eilie Dayrock PremGid Golconda Sher Grandview Sunshine Hecla Jck Waite Wellington Metl Mts NW Life Noble Five

Boston Stock Exchange Report Summary

Market notes reported by Winthrop Mitchell & Co on June 13 show mixed quotes across bonds and stocks. Items include Cop Range 5s at 64, Hancock 25 580, Swift Co 21% 21%, Isle Royale 2 at 2408S, Mohawk 13 124%, Nipis Mns 2% 32%, Uth Mtls 70 78, and No Butte at 11% with varying levels of activity.

Boston Stock Exchange Winthrop, Mitchell & Co Quincy Hancock Swift Co Isle Royale Mohawk Montana Stock & Bond Co Ardsley-Butte Mines Basin Goldfields, Ltd W. L Basin Montana Tunnel Butte Copper Ames Butte Highlands Mining Butte & London Ee Butte Mines Holding Corp Cons Mining & Milling Corp Trust Ween Corp Petroleum Fund Hattie Ferguson Imperial Royalties Mont Highlands Mining Mountain City Copper Cccess National Parks Airways Sunshine Mining i Sup Corp Amer Trust Sup Corp of Amer Trust Vosburg Syndicate Ay Zonolite Company Oenee Eeeeeee

Demand centers on power shares in New York market

Up by public utility stocks the curb market rallied moderately as profit taking eased. Demand centered in power plays led by American Gas American Light and Traction Lone Star Gas United Light and Power A and United Corporation warrants, marking new highs for 1933 with gains to 3 points. Industrials were mixed with some losses and several names hit new highs on solid advances.

New York American Gas American Light and Traction Lone Star Gas United Light and Power A United Corporation Gulf Oil Pennsylvania Humble Oil International Petroleum Pure Oil Aluminum Company Singer Manufacturing Swift International Lehigh Coal National Bellas Hess Novadel- Agene Seton Leather

Treasury Receipts and Expenditures for June 10

Treasury reports June 10 receipts of 9.18 million dollars and expenditures of 9.61 million, leaving a balance of 279.65 million. Customs duties for the first ten days of June totaled 7.50 million.

Washington Treasury First Bank Stock Corporation

Call Money Rates Steady in New York Market

Call money steady at 1% all day in New York. Time loans unchanged across ranges 60 90 days 4 months 5 6 months with 1 to 1 1/8 percent. Prime commercial paper at 1X percent. Bankers' rates unchanged.

New York

Grain prices slip as profit taking outweighs gains

Wheat and rye reached new high price marks but overall grain values fell. Eastern selling and fears over acreage reduction plans weighed as corn and oats followed the downtrend. Grain futures closed with declines across July, September, and December contracts.

Chicago Secretary of Agriculture

Minneapolis grain market report dated June 13

Wheat in 134 cars compared with 32 a year ago. cash values for No. 1 northern and dark varieties mixed by protein content. July to December futures listed, corn and oats prices given, barley and rye quotes, plus flax and sweet clover seed figures.

Minneapolis Montana

Minneapolis Close Report Odd Market Notation

In Minneapolis on June 13 a terse market note lists unusual figures including percentages and a close value. The fragmentary item references a 74 percent and 76 percent reading with a 1 percent shift and a small 3.75 closing figure amid scattered figures from Mitchell and Co.

Minneapolis Br Winthrog, Mitchell & Co

Flour price report from Butte market rises to $5.35

Local market notes from Butte show flour quoted at $5.35 per bushel yesterday. Traders monitor supply shifts and price movements in the regional grain market.

Butte

Hog market quotes from yesterday show varied weights

Local market reports hog prices with quotes by grade and weight. Choice brings 4 shillings and 2 pence per hundredweight, medium heavy 4 4 percent, heavy 3 3/4, extra heavy 3 6 3/4, light 4 4 3/4, extra light 3 2 3/4.

Also Mentioned on This Page

Rik Day New York Stock Exchange Winthrop Mitchell & CO Alaska Juneau Gris Alleghany Corp Allis Chalmers American Chicle Am. & Fra. P Amer Inter. Corp Amer. Locomotive American Metals Amer. Roll, Mills Amer. Smelt Amer. Snuff. Com Amer. Steel Fury Sugar Amer. Tel Tel Amer Tobacco Amer Water Works Amer Zine Anaconda Ana. Wire & Cable Atchison Atlantic Refining Auburn Autoference Avia, Corp Del Baldwin Locomotive Baltimore & Ohio Eee Barnsdall Beatrice Creamery Best & Co Bendix Aviation Bethlehem Steel Borden & Co Bohn Aluminum Borg & Warner Briggs Mfg Corenee Brooklyn Man Trns Butte & Superior Weer Butte Cop Zinc Sibliwecs Canadian Pac Pues Case Co Celanese Corp Cerro de Pasco Chesapeake & Ohio U Ee Cc P C. M St. P Chi Isl Coca Cola Co Chrysler Motor Colo. Fuel & Iron Columbia Arbon Columbia Gas Coron Congoleum Nairn Seeee Consolidated Cigar Consolidated Gas Consolidated Oil Dia Continental Can Crown Cork & Sea Crucible Steel Curtiss Wright Dupont Teeeeeenews Eastman Kodak Elec Autolite Eaton Mtg. Co Eee Engs. Pub. Service Peer Erie G. Shattuck Amer. Trans General Electric General Foods General Mills General Motors Mg Paige Mot Granby Peeee iGt. North Gt. North Gt. West Eeeee Grigsby Grunow Fsteers Gulf States Steel Steee Homestake Wang He Houston Oil Howe Sound Eeee Hudson Motors Hupp Motors Ingersoll Ose Inspiration Copper Inter. Bus Int'l Cement Inter. Harvester Inter. Tel. & Tel Johns Manville Ely Kelvinator. Co Kennecott Copper Kresge S.S Kroger R Lambert & Co. Veeee Lee Rub. & Tire Liggett & Meyers Eace Loews Inc Lorillard Tobacco Louisville Magma Copper Marlin Rockwell Matheson Alkali Miami Copper Mc. Kan. & Tx Mo. Pacific. Com Montgomery Ward Motor Wheel Seeee Murray Nash Motors Acme Dair Nat'l Distillers Nat'l Power & Lite Nevada Consee New Haven Ry Tener N. Y. Central Noranda Mines N. A. Aviation N. A. Corp Teene Se iNor Pacific ‘Ry Ohio Oil Owens St. Glass Pac. Gas & Elec Packard Motors Park Utah Mining Phelps Dodge Weeee Pennsylvania Ry J. C. Penney Co Phillips Petroleum Proctor & Gamble N. J Pullman Ce Eee Radio Keith Orph Remington Rand Repub. Steel Corpn IR. J. Rev. Tob Royal Dutch N. Y Safeway St. Joe Lead St. L. & San. Fran Schulte Ret Seaboard Oil & Gas Shell Union Oil Simmons Co Socony Vacuum P. Sugar Seeee South Cal. Edison Pac. Ry Seeee Southern Ry Gas & Elec Oil of Calif Oil of Stewart Warner ee/Studebaker Sal Cop. & Chem Tex Tex Pac Coal & Oi Tx. Pac. Land Trst Tidewater Assoc Timken Roll Transamerica Disewee United Aircraft United Corp United Fruit Weueee United Gas Imp Lipenan U. S. Indus U. S. Pipe & Fury U. S. Rubber Union Carbide Pienee Union Oil of Cal Union Pac. Ryatt Teeeel Util. Pow. & Life TNTF Vanadium En Ereres Warner Bros. Pict Warren West’gh’se Airbrake Union Tel Westinghouse Elec Woolworth Ee Worthingtonton Pump Omaha Cattie Metal Market Clos- Amer G & E Ark Assoc G Hill & Su Carib Cresson Gold Ford Mtr Sovees Cooes Ford Mtr Ltd Swift & Co Venezuela Pet Treasury Report John P. Boughan Timothy Metals Bank & Trust Co
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