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Newspaper

The Montana Standard

Location

Butte, Montana, United States of America

Date

Jun 20, 1933

Page

8

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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