Market Skeptics Offset Gains In Slow Session
Stocks drifted with little selling urgency and modest nel advances, the AP average slipping 0.1 to 41.3. Trading was light at 338,130 shares as government spending and tensions with Axis nations restrained demand. United States Steel and Bethlehem edged up 1/2 point amid a mill production estimate near full capacity.
MENTIONED IN THIS ARTICLE
Associated Press
Bernard S. O'Hara
New York
United States
State Department
United States Steel
Bethlehem
Foreign Exchange Noon Rates in New York
New York June 16 report shows official Canadian control board rates for U S dollars with 10 percent buying premium and 11 percent selling premium. Canadian dollar in New York open market at 11 percent discount or 88.25 U S cents. Great Britain rates listed as 4.92 buy and 4.04 sell with open market cables at 4.04. Germany and Benevolent are unquoted.
MENTIONED IN THIS ARTICLE
Foreign Exchange
New York
Great Britain
Canadian Control Board
U. S
Bankers Foreign Exchange Committee
Wool futures rise on light volume in New York
Wool top futures tick higher in thin trading as July covers and forward demand ease. Limited offerings leave grease wool unchanged with a minor gain for the session while top futures rise 6 to 1.0 cents overall. October bid at 93.9 cents with certified grease wool at 93.0 cents.
MENTIONED IN THIS ARTICLE
New York
Sugar refiners set new price range at 5.05 to 10 cents
In New York on June 16 refiners adopted a new price list for sugar setting a base at 5.05 cents with a range up to 10 cents. The move updates previously existing pricing and signals market alignment among large refineries.
MENTIONED IN THIS ARTICLE
Sugar Market
New York
Market Roundup From Omaha Auction Update
Cattle under fluctuating demand with steers weak and beef slowly steady. Calves and heifers show limited gains while cows and bulls trend lower. hogs slow with prices $9.50 to $10.00 range and lambs softer by about 50 cents. Total salable figures listed for cattle hogs and sheep.
Chicago Produce Prices and Receipts Report
Chicago June 16 Butter receipts 1 220 702 creamery 93 to 34 4c 92 34c 91 34 4c 90 34 4c 89 32c 88 32c Centralized carrots 34 4c Eggs receipts 26 953 firm fresh graded extra firsts local 25c cars 25 4c firsts local 24c cars 25c current receipts 24 4¢ dirties 23t4c checks 23c storage packed extras 26c firsts 25%
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Chicago
Three Firemen Die in Chicago Blaze
In Chicago near North Side an industrial three story building housing the Chicago Mill and Lumber company burned. Three firemen were killed and four injured as flames swept the structure. Fire Commissioner Corrigan put damage at about 75000 dollars. about 150 workers escaped to the street.
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Chicago
Near North Side
Chicago Mill and Lumber Company
Michael J. Corrigan
Market Report Spokane cattle hogs and sheep prices
Spokane June 16 livestock market report lists cattLe salable 327 total 383 unchanged with grain fed steers at 9.75 to 10.25 for light weights and 8.75 to 9.25 for good to heavy. cows 6.25 to 7.50. bulls 7.75 to 8.50. Hogs salable 340 total 785 up 0.55 with 160 to 225 lbs at 10.75 and under 90 lbs feeders at 10.25. sows 7.75 to 8.50. sheep 62 steady with spring lambs 9.50 to 10. wethers 4.5. ewes 2.75 to 3.25.
MENTIONED IN THIS ARTICLE
Spokane
Wash
Market prices and odd crystal note in Seattle report
Seattle wholesale prices for butter eggs and cheese listed with scores and cartons. A later note claims broken crystal parts placed in liquid crystal will repair and regrow into new crystals.
Wide Assortment Cattle Offered in Chicago Market
USDA reports a broad sale of salable cattle totaling 17 000 with calves 1 200 and varied classes. Early cattle prices show feeders and steers between 8 50 and 12 50, with heifers around 10 50 to 11 40 and cows weaker, while hogs at 9 25 to 10 00 and sheep with lamb bids around 11 to 11 25 and fat sheep scarce.
Cattle and Hog Prices Edge Down in South St. Paul Sale
In South St Paul on June 16 USDA cattle sales showed steers and heifers mostly steady to weak with bids easing from last week. Hogs were slow with most categories 5 to 15 cents lower. top at 9.85 for 180 to 240 pounds. Sheep trading was light with a sharp price downturn expected.
Denver cattle and hog market update from June sale
Denver reports cattle salable 2,800 with loads of steers around 10.65 and heifers up to 10.50, cows and bulls ranging 5. ify to 8.60, hogs 700 salable with 10.15 to 10.25 for 180 270 lb meat. sows little traded. Sheep listings show activity quiet and prices easing.
Market Report Sioux City Livestock Prices June 16
Cattle totals 5 500 calves salable 50 and 150 steer and yearling prices steady to weak with good stock salable around 9 25 to 10 50. Hogs salable 4 500 to 5 000 slow steady with tops 9 85 and 9 90. sheep 3 500 salable no sales buyers talking lower steady ask.
MENTIONED IN THIS ARTICLE
Sioux City
USDA
Butte Hog Market Prices Quoted by Weight Classes
The Butte market lists hog prices by weight: 160-200 lbs at 9 1/4 cents, 200-225 lbs at 9 1/2 cents, 225-250 lbs at 9 cents, 250-275 lbs at 8 cents, 275-300 lbs at 8 1/4 cents, 300-325 lbs at 8 3/4 cents, 325-350 lbs at 8 cents, extra heavy sows and stags at 5 1/2 cents.
MENTIONED IN THIS ARTICLE
Butte
Metal Prices Decline Slightly Across Commodities
New York reports mixed changes in metal markets with copper steady at 11.12c a pound ex port, tin at about 52.25c, lead around 5.85c, zero growth for zinc, and pig iron quotes at 24 dollars for No. 2 fob Eastern Pennsylvania. Aluminum virgin 99 percent at 17c, antimony at 16.50c, quicksilver 186 to 188 dollars, platinum at 36 dollars, and wolframite and scheelite quoted also.
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New York
East St. Louis
Pennsylvania
Buffalo
Alabama
Curb Undertone Is Firm In Curb Stock Activity
New York June 16 firm undertone in light trading with gains around a point. United Shoe and Singer Manufacturing rose a point or more. New Jersey Zinc American Gas Electric and Standard Oil of Ohio preferred posted small gains. Bell Aircraft Aluminum Jones Laughlin Glen Alden Niagara Hudson were steady. Columbia Oil & Gas moved to a 1941 high then slipped. Minor drops seen in Eagle Pencil Lead Electric Bond Humble Oil.
MENTIONED IN THIS ARTICLE
Alaska Juneau
Sonetene Meee Cares
Nenenns Eens
Teres
Allied Chem
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Seto Esses
Allis Chalmers
Eeeenamacee
Amer. Can. «Ax
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Kroger Gro
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Loose-Wilesene
Ceeecoomnee
A.P.L
A. P.L
Amer. Radiator
Wesensesew
Roll
Mills Pebererees Aa
Steel Fury
Perere
Marshall Field
Nemen
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Miami Copper
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Bethlehem St’l
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Ohio Oil
Borg & Warn’r
Entie Eee
Bridge Brass
Pacific Light Tee Ee Eens
Briggs Mfg
Packard Motor
Eenenee Budd Mfg Fon Eenewem O
Campbell
Penn
Petro, Corp
Treasury
Ches & O. O
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Eapencianseroes
Colgate
Colo. Puel-Iron
Eanewees Enetreeee
Rand
Stemeee
Colum
Ti Cohicinks Ieieth
R. J Reyn
B” Perret
Congol Nairn
T&t
Sears Roebuck
Edison
Maeneneneennene
Shell Union Oil
T&sfp
Simmons Co
Ck He
O&o
Saentereneeeenree Oweners
Delteen Ereeeeneenees
Dr. Fes
Cal. Edison
Curtis Wright
Nor Pac
Ervaeeen Consusoses En Consit
Southern Ry S
Eans
United Drug
Eaton Mfg
Utah La&Tract
I. Bie
Swift & Co
Utah Pow&Lt
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Texas Corp
ATP Bbbe
Sh&t
Canada
Eerrsennenemeeenee
Candennne
Transamerica
Union Pac. Ry. Aenmeenenneeneee
Gillette Razor Rd
Feeeenes
United Airlines
Basin “Ciciafieds Ltd
Goodrich
Air Corp. Rey
Mont. Tunnel Co
Nccser
Granby
Butte Highlands Mining
Eeemmenennenneee
United Fruit
North Pfd
Coeur d'Alene Mines
Corp
Gt. West Eer Il Ll
U. S
Corp Trust
Greyhound
U. S. Rubber
Acc
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Mod
Holland Furn
U. S. Smelters
Seneee
Eureka Bullill
Enaerepenaninsee
U. 8. Steel A Teneeree
Auaande Lead Mines
Holly Sugar
Eenereenenees
Houston Olimn
Grandview
Western Union
Metalline Mag
Lens
Wilson
Indus
Rayon
Evnereree
Mountain City
Ingersoll Rand
Cereterece
North Butte
North Lily
Orielle
Walker Mining A Ee
New York
United Shoe
Singer Manufacturing
New Jersey Zinc
American Gas & Electric
Standard Oil of Ohio
Bell Aircraft
Aluminum Company of America
Jones & Laughlin Steel
Glen Alden Coal
Niagara Hudson Power
Columbia Oil & Gas
Eagle Picker Lead
Electric Bond & Share
Humble Oil
Cattle and Hogs Receipts At Seattle Yard Report
Seattle June 16 cattle receipts 210 salable 134 calves 15 salable steady good to choice feedlot steers at 9.50 to 10.25 medium to good 9.25 to 9.75 good to choice heifers 9.25 to 9.75 medium to good 8.75 to 9.25 good to choice cows 7.25 to 7.75 bulls 6.75 to 9 light calves 10.50 to 11.50 medium 9 to 9.50 heavy 6.50 to 7.50. Hogs 580 salable 124 up 1 good to choice 170-210 lbs 10.75 to 11 210-250 lbs 10.25 to 10.50 260-300 lbs 9.75 to 10 packing sows 8.50 to 9 pigs 9.75 to 10 Sheep 600 salable 10 steady good to choice spring lambs 9.25 to 9.75 medium to good 7.25 to 9 good to choice yearlings 6 to 7 medium to good 5 to 6 good to choice ewes 2.50 to 2.75
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Omaha
U. S
Seattle
Union
Saalble
Minneapolis Flour Prices and Shipments Report
Minneapolis June 16 report shows flour carload prices per 98 lb sack in cotton bags with Family patents at 6.65 to 6.85 and standard patents 5.40 to 5.60, shipments totaling 18,700. Pure bran priced at 21 to 21.50.
MENTIONED IN THIS ARTICLE
Minneapolis
Price of Wheat Hits Rally
Wheat prices rallied after dipping to the session lows, closing 4 1/2 cents higher than Saturday. July at 1.00 42, September 1.01 01, driven by short covering, rust damage reports in the Southwest, and government actions influencing German consular agents. Corn and beans also rose while oats and rye showed smaller moves amid ongoing harvest conditions.
Minneapolis grain market reports steady trading and futures notes
Minneapolis grain reports show wheat receipts 334 cars today versus 119 a year ago with trading basis unchanged. July wheat priced at 13 17 protein with 14 5c premium. cash market steel No 1 heavy northern 99c. Corn and oats prices listed across grades with modest shifts and bases steady.
MENTIONED IN THIS ARTICLE
Minneapolis
Montana
Minnesota- South Dakota
Portland grain closes with mixed wheat futures
Wheat futures for September settle at 9 while cash grain shows varied soft white and hard red winter bids. Oats No 2 at 38 dollars per hundred. flax at 1.84. cash wheat bids listed with multiple grade codes and percentages. Car receipts include wheat 60, barley 2, flour 9, corn 4, hay 1, mill feed 3.
MENTIONED IN THIS ARTICLE
Portland
Ore
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News of the Market and Financial World
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Wool Futures
Rosyth
Little Annie Rooney
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Jim
Annie
South St. Paul
Denver
Colo
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United Press
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Alta Tun
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Plumbie
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Walk Min
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Wilbert
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J. A. Hogle and Company
Montana Power
First Bank
Northwest Bank
Clos- Alum
G&e
Beech Airc
Bell Airc
Mont City
Eneenen Wens
Ate Eseeteeneerse
Nia Hud
Phoenix Sec
C.co
Pio Gold Ee Neteneseesersnerten
Premier
Eeeeees Rep Avia
St. Oil Ky
Ener
Todd Ship
Utah
P&l Pf
Franklin Mullin
Portland Grain