Worst Slump of Bull Market Hits Stock Exchange
Stocks fell sharply as a rising dollar spooked traders in New York. The Standard Statistics composite dropped 58 points, with 4,923,240 shares traded as losses hit leaders like American Telephone, American Smelting, U S Steel, Southern Pacific and Dupont amid reports from London on dollar stabilization and monetary uncertainty.
MENTIONED IN THIS ARTICLE
John L. Cooley
New York
London
Stock Exchange
Statistics Associated Press
Wall Street
American Telephone
American Smelting
Case
U. S. Steel
Southern Pacific
Consolidated Gas
Dupont
MelIntyre Porcupine
American Can
Union Pacific
Kennecott
Standard Oil of New Jersey
Harvester American Tobacco
Montgomery Ward
Santa Fe
Hamestake
Bond closing prices in New York market report
Daily bond prices list for U S Liberty, Treasuries, Am Sugar, AT&T, Goodyear, Belgium, Brazil, CM&STP, Can Ndl R R, Nor Pac Gen, Pac G&E, Texas Corp, Unit Drug, US Rubber and other issues with domestic and foreign bonds. Highlights include Treas 3%60s at 104.23 and Chile 6s at 60, with varied yields across named corporations and governments.
MENTIONED IN THIS ARTICLE
New York
U. S. Liberties
AT & T Se
Goodrich
Berria
Goodyear
Belgium
Brazil
Cm&st P
Cece
Cm& ST P
C&nw
Eos
Chile
Cop Sa
Cssecees
Ccce
Cnc R&rgrig
Edson
Dodge
Humble Oil
Ascslan Int
HE Tex
Mont Pow
Coos
NY Cent & H R
Nor Pac Gen
Pac G & E
Silesian Am Col
Ginclair
Ceees
OON J Debbs
Texas Corp
Canada
Germany
Italy
Norway
Treasury receipts and expenditures report for June 13
Treasury receipts for June 13 totaled 6 963 387 06. Expenditures reached 11 523 993 31, with a balance of 271 690 031 76. Customs receipts for the first 13 days of June were 9 307 263 65.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Market in Wool Continues Firm in Boston Wool Market
Prices remained firm in the Boston wool market as the U. S. Agriculture Department noted rising inquiries on fleeces and more active trading than last week in western grown wools. Territory wools sold at 67-69 cents on half blood combing wools with fair demand. Texas twelve month wools active at 68-70 cents.
MENTIONED IN THIS ARTICLE
Boston
U. S. Agriculture Department
Territory
Texas
Call money steady and time loans show small gains
New York June 15 call money steady at 1 percent for the day. Time loans steady for 60-90 days at 1 4 months 1-11 5-6 months at 1-1 4 percent. Prime commercial paper quoted at 1X.
MENTIONED IN THIS ARTICLE
New York
Closing Grain Letter By Winthrop Mitchell Co
Chicago reports cloudless grain states with warmer temperatures and a forecast of continued warm weather. Southwest deliveries are being stored by farmers and first cuttings yield poor returns. The writers see no clear investment path and advise caution amid political and crop uncertainties.
MENTIONED IN THIS ARTICLE
Winthrop Mitchell & Co
Chicago
Southwest
Chicago Produce Prices Report June 15
Poultry in Chicago steady with 44 trucks. Hens 9 to 10 cents, Leghorn hens 8 cents, roosters 8 to 9 cents, No. 2 hens 6 cents, turkey hens 10 cents, toms 10 cents, spring ducks 6 to 8 cents, old ducks 5 to 6 cents, geese 6 to 14 cents, Leghorn broilers 17 to 20 cents, colored 15 to 10 cents. Butter 16 459 steady. Eggs 27 246 steady. Prices unchanged.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis Wheat Prices Open High Low Close
Wheat prices in Minneapolis show open and high values for June 15 with near term quotes for July and September. Market quotes list bid and asked figures with minor fluctuations reflected in open and close ranges for the session.
MENTIONED IN THIS ARTICLE
Winthrop, Mitchell & Co
Minneapolis
Minn
Curb Market Sees Persistent Profit-Taking On June Trading
Persistent profit taking dominated the Curb market with prices slipping fractions to three points on moderate turnover. Utilities rallied in the forenoon but failed to sustain gains as speculative interests pulled back, while Electric Bond and Share fell nearly two points. Gulf Oil of Pennsylvania and Humble Oil led declines in oil issues, with Standard Oil of Indiana and Kentucky remaining steadier amid broad industrial weakness.
MENTIONED IN THIS ARTICLE
New York
Electric Bond & Share
American Gas
Gulf Oil
Pennsylvania
Humble Oil
Indiana
Kentucky
Activ
Chicago hog and cattle market report steady gains
good to choice hogs steady with 190 to 300 pounders at 4.50 to 4.60 dollars and top bids 4.60. Better 160 to 180 pound hogs at 4.25 to 4.50. Sows 3.75 to 4.10. Cattle and calves steady with medium weights 6.50, vealers 4.75 to 5.50. Sheep steady with native lambs 7.25 to 7.50 and yearlings 5.50 to 7.50.
MENTIONED IN THIS ARTICLE
Chicago
Livestock Prices Report From Denver Market
USDA cattle pricing shows 500 calves steady with steers at 5.50 and various categories listed including cows cutters and heifers. Hog quotes at 2700 head range from 4.30 to 4.50 for 180 290 lb animals with packing sows 3.35 to 3.75 and sheep 3200 head native lambs steady with best over 7 dollars.
MENTIONED IN THIS ARTICLE
Denver
USDA
Omaha cattle and hog market report from June
Omaha market report shows cattle at 3,300 head with calves steady and light weight heifers stronger. top steers at 6 dollars with bulk to 5.60. Hogs 10,000 head 10 to 15 cents lower, top 4.25. packers bidding around 4.15. Sheep 6,000 head with lambs 7.25 to 7.50 and yearlings around 4.75 to 5.50, ewes 1.72.
MENTIONED IN THIS ARTICLE
Omaha
USDA
Cattle and Hogs Prices Reported at South St Paul Market
South St Paul bidding on June 15 shows cattle receipts 1800 with light steers and yearlings weak while medium to good steers hold at 4.75 to 5.50 per cwt and heifers to 5.00. Calves bring 4 to 4.50 for good to choice, hogs mostly 4.15 to 4.30 with tops around 4.30, sheep and lambs steady with ewes and wethers at 7 or 7.25 for top lambs and yearlings around 4.50.
MENTIONED IN THIS ARTICLE
South ST. Paul
USDA
Market Report From Seattle Cattle and Hogs
Seattle market notes show cattle and sheep without receipts. Hogs total 785 head, all prices and conditions steady for the day.
Spokane cattle hogs and sheep report steady market
Spokane June 15 cattle listed at 50 steady with hogs at 149 and feeders and underweight pigs priced at 4.25 to 4.35 with others steady and unchanged. Sheep none reported.
MENTIONED IN THIS ARTICLE
Spokane
Mining shares struggle as aluminum firms see losses
Trading closed with notable liquidation in mining stocks. Newmont fell about 2 points while Lake Shore, Pioneer Gold and Wright Hargraves slipped modestly. Aluminum firms Parker Rustproof and A. O. Smith also declined around 2 points.
MENTIONED IN THIS ARTICLE
Ity
Aluminum Company
Parker Rustproof
A. O. Smith
Newmont
Lake Shore
Pioneer Gold
Wright Hargraves
Metal Market Summary Quiet in Copper and Tin Prices
New York metal market reports copper quiet for spot and futures at 8 cents. Tin steady with spot and nearby at 43.50 and 43.75 dollars futures. Zinc steady with Saint Louis spot and futures around 4.30 to 4.35 cents. Antimony quoted at 7.00. Quick silver at 61762.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
St. Louis
Boston Stock Exchange Copper Prices and Quotes
June 15 report from the Boston Stock Exchange shows bid and asked prices for copper and various listed stocks. Included are Quincy Hancock Swoft Co. Isle R Mohawk Uth Apex N'g Mines Uth Mtls N Butte with quoted bid and ask figures.
MENTIONED IN THIS ARTICLE
Winthrop, Mitchell & Co
Quincy
Hancock
Swoft Co
Isle R
US Mach
Mohawk
Uth Apex
Uth
Butte
Potato Prices Climb as New Stock Flows In
Chicago reports USDA data with 32 cent potatoes and 126 shipments. New stock is strong, trading good, supplies light across Alabama, Louisiana, North Carolina, Wisconsin, Michigan, Idaho. Prices vary by type from $1.20 to $3.60 with some decayed stock recorded.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Alabama
Louisiana
North Caroline
North Carolina
Wisconsin
Michigan
Idaho
Old-Time Darby Resident James A Wilkerson Dies
James A. Wilkerson, 72, longtime Darby resident, died Wednesday at Daly hospital after a long illness caused by paralysis. A rancher and stage driver between Hamilton and Ross Hole, he is survived by his widow, two daughters Mrs. Charles Watson of Missoula and Mrs. Earl Anglemeyer of Wibaux, three sons Arthur of Menlo Park WA Fred of Darby Theodore of San Francisco, N. E. Wilkerson of Hamilton, Jerry Wilkerson of Darby, Mrs. Edward Burrill of Headquarters Idaho, and a third brother Benjamin in Lincoln Nebraska.
MENTIONED IN THIS ARTICLE
Hamilton
James A. Wilkerson
Darby
Daly Hospital
Wilkerson
Ross Hole
Charles Watson
Missoula
Earl Anglemeyer
Wibaux
Arthur
Menlo Park
Wash
Fred
Theodore
San Francisco
N. E
Than) Wilkerson
Jerry Wilkerson
Edward Barrill
Headquarters
Idaho
Benjamin
Lincoln
Neb
Community Notes From Corvallis Daily Social
Mrs Elizabeth McLaughlin of St Regis visits Corvallis with daughter in law Mrs Edward Shults hosted 35 Hamilton friends at a midweek taffy pull. Miss Catherine Liebel and Miss Margaret Liebel visit from Missoula and plan hospital work this summer. A son born to Mr and Mrs Vernon Jenkins at Simpson place Mountain View district.
MENTIONED IN THIS ARTICLE
Corvallis
Elizabeth McLaughlin
St. Regis
Edward Shults
J. E. Bryson
Hamilton
Hamilton Christian Church
Louise Shults
Harold Nicol
Anaconde
Bernard Smyth
Rowan
Vernon Jenkins
Simpson Place
Mountain View
John Flemming
Mae Dull
Dillon
Heart Butte
Piersons
Margaret Liebel
C. C. Kroll
Smoke eliminator eyed for trains and homes by Scottish inventor
James Garvie of Glasgow promoted a smoke consuming device first used in Clydebank shipyards and on a switch engine. Backers offer to install and maintain it free, taking half of coal savings for three years. A railway may test it in an express locomotive. Siam enacts harsh arson penalties up to life imprisonment.
MENTIONED IN THIS ARTICLE
James Garvie
Glasgow
Scotland
Clydebank
Wheat futures tumble as tax plans spark market volatility
Chicago June 15 Wheat futures slide amid divergent views on proposed processing taxes and farmer bonuses. Uncertainty over Washington plans caused a 2 cent drop at times, while gains in corn and oats limited by heat wave fears. Closing quotes show July wheat around 75 to 76 cents and nearby contracts mixed with corn and oats higher on the day.
MENTIONED IN THIS ARTICLE
Chicago
Washington
British Exchange
Secretary of Agriculture
Minneapolis grain prices and arrivals report
Minneapolis June 15 wheat totals 176 cars versus 51 a year ago. Cash values list No 1 northern 75 76c with protein variants 14 15 percent, No 1 dark northern 78c, Montana 80 81c, amber durum 70 73 ¾c, red durum 63 ¾c. July 73c, September 73c, December 75 ¼c. Corn No 3 yellow 34 36c. Oats No 3 white 26 ¼ 27 ¼c. Barley 24 28 ¾ 45c range. Rye No 2 75 9 ¾c. Flax No 1 165 169 ¼c. Sweet clover seed 2.25–2.50.
MENTIONED IN THIS ARTICLE
Inspiration
Inter
Inter. Cement. Com
Inter. Harvester
Inter. Tel
Johnsanville
Teee
Kelly Springf Ldaw
Kelvinator Co
Kennecott
Kresge
Kroger Grocery
Loews Inc
Lorillard Tobacco
Louisville G. E
McKeesport Tin
Mack Truck
Macy & Co
Copperoo
Marlin Rockwell
Matheson Alkali
Miami Copper
Mo. Kan
Mo. Pacific
Montgomery Ward
National Biscuit
Nat'l Cash Reg
Nat'l Dair
Nat'l Distillers
Nat'l Power & Life
Nevada
New Haven Ry
Corma Cecal
Noranda Mines
N. A. Aviation
M. A. Corpeee
Eee
iNov. Pacific Ry
Ohio
Owens Ill. Glass
Pac. Gas & Electove
Packard Motors
Park Utah Mining
Phelps Dodge
Proctor & Gamble
N. J
Pullman Co
Sosee
Radio Corp
Seenenee
Radio Keith Orph
Remington Rand
Repub. Steel Corpn
R. J. Rev. Tob
Tech N
Safeway
St. Joe
San
Fran
Schulte
Seaboard Oil & Gas
Sears Roebuck
Shell Union Oil
E- Simmons Co
Socony Vacuum
S. P. R. Sugar
Cal. Edison
South
Pac. Ry
Southern Ry
Standard
Gas & Elec
Oil of
Calif
Stewart Warner
Studebaker Eees
Tenn. Gop. & Chem
Texas Teeee Eee
Tex
Gulf Sulphur
Tex Pac Coal & Oil
Tx. Pac. Land Trst
Tidewater Assoc
Timken Roll
Transamerica
United Aircraft
United Corp
United Fruit
United Gas Imp
U. S. Indus
U. S. Steel Eee
U. S. Steel
Pfd
Union Carbide
Union Oil of Cal
Union Pac. Ry
Util. Pow. A
Warner Bros. Pi
Warren Bros Eeennee
West Gho Se Airbrake
West
Union Tel
Westinghouse
Elec
Woolworth
Worthington
el. Truck & Gab
Minneapolis
Montana
Foreign Exchange Rates Reported in New York Market
The New York foreign exchange market shows heavy trading with Great Britain at 4.06 dollars on cables and 4.05 on 60 day bills. France stands at 4.72 dollars for demand and cables, Italy around 6.25 demand and 6.26 cables. Belgium 16.75, Germany 28.00, and cross rates Montreal in New York 89.27 and New York in Montreal 111.87 also noted.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Montreal
Portland Wheat Prices and Car Receipts Report
Wheat closes at July 58 1/2 cents, September 61 1/2 cents, December 64 1/2 cents. Cash bids show Big Bend blue stem 67c, dark hard winter 68c for 12 percent, 64c for 11 percent, soft white 59 1/4c, hard winter 59c, western white and northern spring at 57c. Car receipts list wheat 12, flour 20.
MENTIONED IN THIS ARTICLE
Portland
Big Bend
Flour Price Quoted At Butte Market
Flour in Butte was quoted yesterday in the local market at 5 dollars 35 cents. The report notes the price level for retail buyers and reflects current market conditions in the area.
MENTIONED IN THIS ARTICLE
Butte
Butte Hog Market Quotes Range By Grade Here
Daily hog market report from Butte shows bids across grades with price ranges including choice at 4 sc, medium heavy at 4 4 sc, heavy 3 sc, extra heavy 3 sc, light 4 4 sc, and extra light 3 2%c, reflecting varying weight classes.
Also Mentioned on This Page
News of the Market and Financial World
Bull Mart
Rails
New York Stock Exchange
Alaska Juneau
Eee al Corp
Allis Chalmers
Allied Chemical
American Chicle
Fra. P
Amer. Inter Corp
Amer
Eec
Aer
Amer. Roll. Mills
Amer. Smelt
Amer. Snuff. Com
Amer Steel Fury
Amer Tel
Tel
Amer. Tobacco
Amer. Water Works
Amer Zine. Com
Anaconda
Ana, Wire & Cable
Armour
Atchison Eeeneee
Atlantic Refining
Auburn Autoseeeeee
Avia. Corp
Del
Baldwin
Baltimore & Ohio
Barnsdall
Beatrice Creamery
Veee
Best
Bethlehem Steel
Borden & Co
Bohn Aluminum
Borg & Warner Eeeel
Briggs Mfg. Co
Brooklyn-Man
Butte & Superior
Butte Cop
Zinc
Byers A. M
Canadian Pac. Ry
Case Co
J. 1
Celanese Corp
Cerro de Pasco
Chesapeake & Ohio
C. M
St. P
Com
Colo. Fuel & Iron
Il Ll
Columbia Carbon
Columbia Gaseee
Coron
Congoleum Nairn
Consolidated Cigar
Dia
Motors Eelterer
Curtis Wright
Douglas Aircraft
Eastman Kodak
Eaton Mfg. Co
Autolite Cops
Mus
Engs Pub Service
Erie
F. G. Shattuck
General Electric
General Foods
BEY
General Mills
General Motors
Gillette Razor
Goodrich Rubber
Goody'r
Graham Paige
Gt. North
Ore. Coos
Grigsby Grunow
Gulf States Steel
Homestake Mining
Lowes
Houston Oil
New
Howe Sound
Hudson Motors
Hupp Motors
Ingersoll Rand
Treasury Report
Montana Stock 4 Bond Co
Ardsley-Butte Mines
Basin Goldfields, Ltd
W. & Eeeere
Basin Montana Tunnel Butte Copper Coas Mines
Butte Highlands Mining
Butte & London
Butte Mines Holding Corp Ee
Coas Mining & Minine
Eree
Corp Trust
Eee T
Acc
Corp
Petroleum
Ceepvanste
Hattie Ferguson
Imperial Royalties
Mont Highlands Mining
Mont Highlands Mining. Com
Mountain City Copper
National Parks Airways
Sup Corp of Amer Trust
Vosbure Syymgicate Cecesenesees Oo
Sonolite Company
Cevvesseeses
Seattle
CURB
Ameer GG
Ark Nat Gas
Ark Nat Gas A
Assoc
Hill & Suseen
Carib Syn
City Service
Cresson
Detroit Air
Ford Mtr
Ford Mtr Ltd
Globe Undriseeer
Gt At & Pac
Gulf Oil Pa
Holling
Hudson Bay
Humbie Oil
Newmont Mine
Unit
Verde
Venezuela
Pet
Metal Market
Boston Stock Exchange
Salt Lake Mines
United Press
Salt KE City
Alta Tun
Moscow
Cardiff
Nquincy
Lilly
Colo Con
Croft
Etincoel
Nelson
Tin Ltd
Mont Bing
Mammoth
Wilbert Weer
Siam
John P. Boughan
Metals Bank & Trust Co
First Bank Stock Corporation