Stocks Gain as U S Clings to Inflation Plan
New York June 19 Stock averages rose with a buoyant market on inflation expectations and a weak dollar. The Standard Statistics 90-stock average closed at 84.8 up 5.7, with Case, American Telephone, Dupont and several others advancing. Exports rose in May while imports reached the highest since last July, and sterling jumped about eight cents on currency stance.
MENTIONED IN THIS ARTICLE
John L. Cooley
New York
Standard Statistics Associated Press
Case
American Telephone
Dupont
Johns Manville
National Distillers
U. S. Smelting
Western Union
Union Pacific
0. S. Steel
Chrysler
Santa Fe
Louisville & Nashville
American Can
Westinghouse
Bethlehem
Allied Chemical
Consolidates Gas
American & Foreign Power
New York Central
Mack Trucks
United Aircraft
Delaware & Hudson
Dome Mines
New York Bond Prices on U S Libertes and Domestic Issues
Today's closing on the New York Bond market lists U S Liberty 4%%5 ’32-47, Treas 3s ’40-43 and ’46-48, and various corporate and foreign issues. The table includes Allegheny Corp 5s ’44, AT&T, West Pacist 5s ’46, Humble Oil 5s ’37, Goodyear, Goodrich 6s ’47, and several railroad and utility bonds with prices and yields.
MENTIONED IN THIS ARTICLE
Tore
Suesidence EA Gi
Allegheny Corp
St P
CM & St P
Ca& NW
Akeceeens
Dodge
Goodrich
Yadan One
Goodyear
Nor RR
Humble Oil
Wee Ae ET Vt
Cccess
M-K-Tex Ist
Oe Oh Mo Pac Cvt
Sisklair
Texas Corp
GT U S Rub
Brazil
Flour Prices Move in Butte Market
Flour in Butte was quoted at 5.25 dollars in yesterday’s local market, indicating steady commodity prices for bakers and grocers.
MENTIONED IN THIS ARTICLE
Butte
Wool Prices Rise as Mills Boost Costs in Boston Market
In Boston on June 19, woolen and worsted mills bought large quantities of grease wools for worsted fabrics and scoured wools for woolen goods. Prices have surged, with several mills raising product prices up to fourfold since the season began. The Agriculture Department cited substantial Ohio fine Delaine wool sales, with few lots under 30 cents per pound and scoured values ranging from 72 to 175 cents. Domestic wool receipts at Boston were estimated by the grain and flour exchange.
MENTIONED IN THIS ARTICLE
Boston
U. S. Agriculture Department
Ohio
Boston Grain and Flour Exchange
Weekly totals show sharp rise to 24.45 million pounds
The week ended June 17 recorded 24,449,300 pounds, up from 5,592,000 pounds the prior week, reflecting a substantial increase in volume.
Potatoes Prices Reported in Chicago Market
Potatoes national shipments rise with 882 Saturday and 51 Sunday. New stock shows weaker shade on Triumphs while other stock remains firm. North Carolina cobblers priced around 3.45 50, Oklahoma cobblers 1.85 95, Triumphs mostly small 2.00 15 and 2.25 35 for best. Alabama Louisiana and Texas Triumphs 2.00 25, sometimes higher 2.10 15. Old stock firm demand and trading, Wisconsin round whites and Michigan russet rurals 1.40 55.
MENTIONED IN THIS ARTICLE
Chicago
U. S
North Carolina
Oklahoma
Alabama
Louisiana
Texas
Wisconsin
Michigan
Foreign Exchange Rates in New York
Foreign exchange market shows strong activity in New York on June 19. Quotations include Great Britain at 4.14 percent demand and 4.135 for 60 day bills, France 4.82, Italy 6.40, Belgium 17.10, Germany 29.10. Montreal in New York 896215, New York in Montreal 111.50.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Montreal
Closing Grain Letter
Wheat markets showed gains with Liverpool prices up and Buenos Aires higher as weather remained clear in the US and Canada aside from Alberta and Saskatchewan showers. Kansas crop reports worsened, but Mitchell & Co expects no selling unless weather improves, favoring accumulation on the easy market.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Buenos Aires
United States
Canada
Alberta
Saskatchewan
Kansas
Wheat Futures Open Sharp Down in Minneapolis Trade
Wheat on the Minneapolis market opened lower with September and December contracts showing declines. Limited trading activity and price quotes reflect a softer tone as markets absorb overnight adjustments and supply cues from nearby exchanges.
Sugar Prices Stable in New York Market
In New York on June nineteen refined sugar saw moderate withdrawals against old contracts while the market remained quiet and unchanged at four and six tenths cents per pound.
MENTIONED IN THIS ARTICLE
New York
Illness 15 Fatal to St. Ignatius Resident
Eldon Biggs 26 resident for five years died Friday morning after a two week illness at the home of Mrs. Mary Dixon. Born in Alberta Canada he came to Montana at age three with his parents John and Mrs. Biggs. He is survived by his parents a son George Eldon three brothers Earl Walter Henry and four sisters L DeGroat Mildred Liestner Loretta Wise Letta Crabtree. Funeral services were held at the Methodist church Saturday afternoon with Rev H H Tasker and burial in Pleasant View cemetery.
MENTIONED IN THIS ARTICLE
L. DeGroat
Mildred Liestner
Loretta Wise
Letta Crabtree
H. H. Tasker
Pleasant View
Treasury Receipts and Expenditures June 16
Treasury reported June 16 receipts of $58,744,151.49 and expenditures of $45,930,989.37, leaving a balance of $998,531,084.53. Customs duties for the first 16 days of June totaled $11,871,301.31.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Hog Prices Slip Across Markets in Chicago Report
Chicago cattle and hog prices ease on midweek trade with cattle steady on better grades. Hogs fall 10 to 15 cents with good to choice 190 290 lb hogs at 4.50 to 4.60. Packers pay 3.75 to 4.00 for sows and light weights reach about 4.10. Sheep show weak tone with native lambs around 7.60 and ewes near 2.72 to 2.75.
Omaha Livestock Prices Steady to Mixed Across Cattle Hogs and Sheep
Omaha market reports show cattle at 7 500 calves and 500 on leaner grades with steady to lower tone on lower grades while better fed steers and yearlings hold. top hay weight $5 6, $6.35 for choice 1099-1135 lb. Heifers steady. cows steady with beef cows $2 75 to $3. Top vealers $5. Hogs with 12 500 head down 10 to 15 cents. top $4.30 for 200-270 lb. bulk $4.05 to $4.25. 140-170 lb at $3.25 94. sows $3.60 to $3.75. feeder pigs $2.75 to $3.25. Sheep 2 500 head bids 25 cents lower. best bids $7 for yearlings, $5 25 for range fed natives. ewes $1 92 25. no feeding lambs sold.
MENTIONED IN THIS ARTICLE
Omaha
USDA
Denver cattle and hog market rundown by dealers and buyers
Cattle 1,300 calves 400 7 cars to dealers bulls steady to weak most sales $373.65 few $3.75 4.4 all other classes steady light beef steers $5.25 7 5.60 in-between yearlings $5 heifers $5.60 down cows $4 bulk $3.50 down cutters $1.75 2.50 practical top dealers $6 few $6.50 stock steers $4 7 4.40 Hogs 7,000 59 singles direct 30 through 10 15c lower top $4.40 200-250 lbs good and choice $4.15 4.35 heavier weights $3.90 medium to good light lights $3.50 3.90 packing sows $3.50 9 3.60 butcher sows $3.85 3.90 feeder pigs $3 Sheep 7,000 indications weak to 25c lower cold lots medium grade shorn yearlings $4.50
MENTIONED IN THIS ARTICLE
Chicago
USDA
Denver
South ST. Paul
Minn
Cattle and Hog Markets Reported Lower in St Paul Sale
South St. Paul stockyard reports cattle receipts at 4300 with sentiment down for steers and yearlings and weaker stockers. Hogs receipts 5500 with prices 5 to 10 cents lower and top around 4.30 for 220 to 240 pounds. Sheep receipts 1200 with slaughter classes 25 cents lower and ewe and wether lambs around 7.00 while yearlings near 5.75.
Chicago Produce Report June 19 Prices and fresh egg data
Live poultry steady with hens at 9 to 10 cents and Leghorns around 8 cents per pound. Turkeys 10 to 11 cents, spring ducks 8 to 9 cents, geese 6 to 6.4 cents, Leghorn broilers 12 to 13 cents, Rocks 17 to 19 cents. Butter firm at 22 to 23 1/4 cents. eggs 17,384 by the market with extra firsts 12 cents and storage packed items at 12 to 13 cents.
MENTIONED IN THIS ARTICLE
Chicago
Call money and short-terms steady in New York market
Call money in New York on June 19 remained steady at 1 percent for the day. Time loans for 60 to 90 days held at 1 percent, 4 months at 1 1/4 percent, and 5 to 6 months near 1 1/2 percent. Prime commercial paper quoted at 1 1/4 percent with bankers acceptances unchanged across 30 to 90 days and longer terms around 2 percent.
MENTIONED IN THIS ARTICLE
New York
American Trade Shrinks as Argentine Trade Falls
In Buenos Aires the American colony declines to 2696, consular census shows a drop from 3400 and 3589 in prior years. Business representatives and families total 1527, missionaries and teachers 145 dependents, making the largest American colony in South America.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
United States
South America
Rio de Janeiro
Santiago
Chile
Pigeon Cotes to Be Taxed in Caine England
A local order in Caine England outlines taxation on pigeon cote structures. Officials state the levy aims to regulate dovecotes and bolster municipal revenue, with fees set for different cote sizes and locations.
MENTIONED IN THIS ARTICLE
Caine
England
Metal Market Report Highlights Copper and Tin Prices
New York metal market notes copper steady at 8 cents for spot and future, tin firm with spot and near term at 44 dollars 62 cents and 44 dollars 87 cents futures. Lead and zinc quoted steady with spot values in New York East St. Louis and other bases, quicksilver listed at 61 dollars 76.2 cents.
MENTIONED IN THIS ARTICLE
New York
Pennsylvania
Buffalo
Alabama
East St. Louis
Boston Stock Exchange Bid and ask quotes report
Boston stock quotes show listed bids and asks for several firms including Quincy Hancock Mohawk Apex Nipis and Mils. Reported from Boston June 19 with ranges and percentages reflecting price movements.
MENTIONED IN THIS ARTICLE
Winthrop, Mitchell & Co
Boston
Quincy
Hancock
Curb stocks rise as utilities and oils firm on improved sentiment
New York stocks advanced broadly as traders bet on a stronger market after the London conference failure. Utility shares led gains with Electric Bond and American Gas up about four points, while other power issues rose two points or more. Oils likewise showed strength, with Humble Gulf and Standard Oil of Indiana posting advances.
MENTIONED IN THIS ARTICLE
New York
American Gas
Humble
Gulf
Standard Oil
Indiana
Chile Seeks Early Relief From Emu Crisis
Chilean officials anticipate prompt relief from an emu outbreak impacting crops and agriculture. Economic planners expect rapid measures to curb losses as veterinary and quarantine efforts ramp up across affected regions.
Grain markets surge as heat dents spring wheat
Skyward grain prices push wheat and corn up to three percent amid inflation talk and widespread damage to spring wheat after four days of near 100 degree heat. Oats and rye also suffer. December corn climbs to its loftiest level since 1931, while provisions rise with grains.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis Grain Market Report for June 19
Wheat totals reach 321 cars this year versus 80 last year, with a 27 cent rise. Cash No 1 northern quoted at 77 7/8 to 78 1/2 cents, with various protein levels and futures values listed. corn, oats, barley, rye, flax, and sweet clover seed prices provided for nearby and arriving contracts.
MENTIONED IN THIS ARTICLE
Minneapolis
Montana
Portland Wheat Prices and Receipts Report
Wheat closed for July at 58 cents and September at 61 2 3 cents. December 65 1 2 cents. Cash grades show Big Bend blue stem 65 5, dark hard winter 66 1 2, 11 percent 62 3 4, soft white 58, western white 55 3 4 cents. No. 2 white flour $22.50. Car receipts today include wheat 35, flour 25, hay 2.
MENTIONED IN THIS ARTICLE
Portland
Ore
Big Bend
Hogs Market Quotes From Local Trade Yesterday
Local hog market listings show bids for choice medium heavy at 4 4%c, heavy at 344c, extra heavy at 3 34c, light at 4 4%c, and extra light at 3 2kKc. Prices reflect varying weight classes and quality grades among buyers yesterday.
Also Mentioned on This Page
Rails
Day
New York Stock Exchange
Winthrop Mitchell & CO
Jose . Adams Express
Alaska Juneau
Alleghany Corp
Allis Chalmers
American Chicle
Jecree
Amer. Inter. Corp
Amer
American Metals
Amer. Roll. Mills
Amer Smelt
Amer Snuff
Eesee Amer Steel Fdry
Amer Sugar
Amer Tel
Tel
Amer Tobacco
Peesess
Amer Water Works
Eeee Amer
Ana
Wire & Cable
Armour
Atchison Eeeweee
Atlantic Refining
Auburn Auto
Baldwin Locomotive
Baltimore & Ohio
Barnsdall
Beatrice Creamery
Best & Co. Tee
Bendix Aviation
Bethlehem Steel
Borden & Co
Bohn Aluminum
Borg & Warner
Briggs Mfg. Co
Brooklyn-Man
Trns
I. Eer
Superior
En Coweane
Byers A.ma
Calumet & Hecla
Sibee Canadian Pac. Ry
Celanese Corp
Lees
Cerro de Pasco
Chesapeake & Ohio
Chi. R
Coca Cola Co
Chrysler Motor
Colo. Fuel & Iron
Columbia Carbon
Columbia Gas
Corpu
Congoleum Nairn
Lewwee
Crown Cork & Seal
Crucible
Curtiss Wright
Aenne Curtis Wright
Drugs, Inc
Eewee
Douglas Aircraft
Ereereunwee
Eastman Kodak
Eaton Mfg
Etec
Autolite
Elec
Mus
Lee
Engs. Pub. Service
Erie _Conynon
A's
Nat'l
Fox Film
Freeport Texas Seeers
F. G. Shattuck
Gen. Amer
General Asphalt
General Electric
General Foods
General Mills
General Motors
Gillette Razor
Bewnee Goodrich Rubber
Goody'r
Bicoenait
Graham Paige
Gt. North
Igt. West. Sugar
Eensi Grigsby Grunow
Sensi Gulf States Steel
Homestake
Sneer
Houston Oil
New
Howe Sound
Seer
Hudson Motors
Eaee Hupp Motors
Ingersoll Rand
Inter. Bus
Inter. Cement. Com
Inter
Nickeloe
Ooo
Inter. Tel
Jpeves Keely Springf'ld
Kelvinator
Kennecott Copper
Kresger
Kroger Grocery
Lambert & Co
Evee
Rub. & Tire
Liggett & Meyers
Loews Inc Sooes
Louisville G. E
McKeesport Tin
Mack Truck
Eeeene
Macy & Coeevee
Leweer
Magma Copper
Marlin Rockwell
Matheson Alkali
Miami
Mo. Kan
Mo. Pacific. Com
Montgomery Ward
Motor Wheel
Murray Corp
Sea
Nash Motors Seeteee
Tee National Acme
Nat'l Power & Life
Nevada
New Haven Ry
Noranda Mines
N. A. Aviation
N. A. Corbee
Setae
Nor
Pacific Ry
Packard Motors
Park Utah Mining
Phillips Petroleum
Proctor & Gamble
N. J
Pullman Co
Radio Corp
Radio Keith Orph
Remington Rand
Repub. Steel Corpu
R. J. Rev. Tob
Royal Dutch N. Y
BING
Safeway
T. Joe
St. L
San
Schulte Ret
Seaboard Oil & Gas
Sears Roebuck
Shell Union Oil
Simmons Co
Socony Vacuum
P. R. Sugar See
Cal. Edison
Eeeee
Pac. Ry
Southern Ry
Gas & Elec
Calif
Stewart Warner
Studebaker
Texas Co
Tex
Tex Pac Coal & Oi
TX. Pac
Tidewater Assoc
Transamerica Onsee
Ts Bis
Dineen
United Aircraft Eee
United Corp
United Fruit
United Gas Imp
Tom Cee
U. S. Indus
U. S. Pipe & Fury
Smelters Eee
U. S. Steel Serene Ove
Steel
Union Carbide
Eee
Union Oil of Cal
Union Pac. Ry
Util
Ara
Bros
West
Union Tel
Westinghouse Elec
Woolworth Eee
Worthington
New York Bond Mart
ST. Ignatius
Treasury Report
Port Hospital
Lines
Metal Markets
Salt Lake Mines
The
United Press
Salt Lake City
Mammoth
Moscow
Cardiff
Lilly
Cross
Tin Coal
Nelson
Utah
Plumbie
Eke Lilly
Provo
Eka Mines
Ento
KCI
Iron King
Kennebec
Keystone
Tin Ltd
Wilbert Eene
Boston Stock Exchange
CURB
Iccccess Soos
Ark Nat Gas
Cresson Gold
Detroit Air Orest
Eos
Voosaxs
Ford Mtr Ltd
Eeee
Gt At & Pac
Newmont Mine
Ccccccseees
Niles Bemp
Tree
Seiberling Rub
Sete Eee
Swift & Co
Todd Ship
Trans Air
Montana Stock & Bond Co
Ardsley-Butte Mines
Basin Goldfields, Ltd
Basin Montana Tunnel
Butte Copper Coal Mines
Butte Highlands Mining
Butte & London
Sete Butte Mines Holding Corp
Cons Mining & Milling
Corp Trust
Ener Corp
Con Corp
Hattie Ferguson
Imperial Royalties
Imperial
Mont Highlands Mining
Mountain City Copper
National Parks Airways
Enre
Sunshine Mining
Sup Corp of
Amer Trust
Tere Eeenere - Vosburs Syndicate
Zonolite Company
Teen
John P. Boughan
Metals Bank & Trust Co
First Bank Stock Corporation