Stocks Edge Higher As Market Holds In Narrow Range
New York stocks drifted in a tight tunnel with oils and commodity shares leading gains while the rest of the market posted small moves. Oil shares rose on price advances and optimism about rehabilitation. major names like United States Steel and Du Pont gained modestly, Kansas City Southern fell after a dividend omission, and volume dipped to a five hour low. Steel and power output showed improving activity as midweek reports painted a brighter reading.
MENTIONED IN THIS ARTICLE
John L. Cooley
New York
Wall Street
Case
Celanese
American Sugar
Texas Gulf Sulphur
Continental Can
National Distillers
United States Steel
Bethlehem
du Pont
Harvester
Allied Chemical
Chrysler
American Telephone
North American
Kansas City
Treasury Receipts and Outlays for June 19 Reported
Treasury receipts for June 19 totaled 25 671 521 41 with expenditures of 27 661 934 42 and a balance of 1 006 109 404 43. Customs duties for 19 days of June reached 14 348 737 76.
MENTIONED IN THIS ARTICLE
Washington
Treasury
New York Bond Prices and Market Labels, June 21
Closing bond market figures show varied prices across U S and Canadian issues, including Lib 4th 4% bonds, Treas notes of 3% and 3% 5s with different maturities, and company issues from Allied, Can dailies, and utility firms. The list covers domestic rails, utilities, and industrials with figures ranging around 58 to 109, highlighting wide dispersion in credit benchmarks and yield expectations.
MENTIONED IN THIS ARTICLE
New York
Domestic Allegheny Corpus
Ted Sc
Bt P
Dodge
Goodrich
M-K-Tex
Mo Pac
Mont Pow
Cent & H
CIM
Silesian Am Col
Cnces
SON J
Nanneaee Sony
Corp Han Bear Ears
US Rubber
Utah L & T
Eeone
Utah P&l
Joos 2A
Pacist Be
Union
Heenan Eseeeenenee
OM Sikh Cesses
Aggressive Oil Rally Buoys New York Curb Market
In late trading June 21 the curb market firmed after an initial uneven session led by a sharp rise in Humble Oil to a new 1933 high at 87. Gulf Oil of Pennsylvania Imperial Oil of Canada International Petroleum and Standard Oil of Indiana hit new yearly highs with gains of 1 to 3 points. Electric Bond and Share Commonwealth Edison and Consolidated Gas of Baltimore added about 1 point each as the industrial group remained mixed.
MENTIONED IN THIS ARTICLE
Sone Ll
Alaska Juneau
al Corp
Allis Chalmers
Allied Chemical
Senor Am. & Frn. P
Amer. Inter. Corp
Amer
Mills
Amer. Smelt
Snuff
Lewewe Amer Steel Fury
Amer Sugar
Amer Tel. & Tel
Amer. Tobacco
Armour
Seer Dee
Atchison Eeeewne
Atlantic Refining
Auburn Auto
Seer Avia, Corp
Del
Beatrice Creamery Teen Eenne
Best & Co Fb
Setee Bendix Aviation
Bethlehem Steel
Borden & Co
Weeee Bohn Aluminum
Blonce Borg & Warner
Briggs Mfg
Coeeeeel
Brooklyn-Man
Trns
Butte & Superior
Butte Cop
Zinc
Byers A.M
Canada
Cases Case Co
Caterpillar Tractor
Sneba
Celanese Corpahah
Cerro de Pasco
Eee
Bt. P
Chi. Rk. Isl. Com
Chrysler Motor
Columbia Carbon
Columbia Gas
C’m'Ith Sc. Corpn
Congoleum Nairn
Woteeee Consolidated Cigar
Consolidated Gas
Consolidated
Continental
Continental Motors
Crown Cork
Crucible Steel
Curtiss Wright
Pea
Douglas
Dupont
Sweest
Eastman Kodak
Eaton Mfg. Co
Elec
Engl. Pub. Service
CORO
Erie
SieWuet
Fox Film A . Ees
General Electric
General Foods
General Mills
General Motors
Gillette Razor
Glidden
Eeee
Goodrich
Goody'r
Graham Paige
Granby
Gt. North
Northern
Weheer Gt
West
Sugar
Grigsby Grunow
Gulf St .Gulf States Steel
Homestake Mining
Houston Oil
New
Howe Sound
Hudson Motors
ALS
Beeen Hupp Motors
Ingersoll Rand
New York
Humble Oil
Gulf Oil
Pennsylvania
Imperial Oil of
International Petroleum
Standard Oil
Indiana
Commonwealth Edison
Baltimore
Closing Grain Letter Forecasts Hard Wheat Ahead
Wheat prospects dark as Winthrop Mitchell & Co reports across the Midwest and plains. Kansas faces real calamity with first cuts in the eastern third yielding three to six bushels. Northwest and Dakotas show shrinkage with only fair crops likely. Southwest premiums ease then rise on cash basis to one and a quarter cents.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Northwest
South Dakota
North Dakota
South- West
Parke Davis Leads Rise as Aluminum Company Falls
Market activity centers in Parke Davis with a gain of 214 points while Aluminum Company declines about 1 point. Motors extend early gains led by Ford of Canada A and Cord as trading continues.
MENTIONED IN THIS ARTICLE
Parke Davis
Aluminum Company
Motors
Ford of Canada A
Cord
Copper Industry Wages Panel Formed After Talks
In New York on June 21 a special committee of copper producers was appointed after conferences to study wage questions under the industrial control bill. The committee's composition was not disclosed and further discussions will cover other copper mining affected areas. It was suggested that wage matters might be referred to regional producer committees across states.
MENTIONED IN THIS ARTICLE
New York
10-Cent Tariff on Copper Sought by Arizona Senate
Arizona Senate adopts a memorial to President Roosevelt requesting a 10 cents a pound tariff on copper to raise the existing 4 cent rate. A special legislative investigating committee is formed to probe Governor Moeur’s copper tariff commissions and their activities.
MENTIONED IN THIS ARTICLE
Phoenix
Ariz
Arizona
Senate
B. B. Moeur
Roosevelt
Potatoes Prices Hover With Steady Demand And Tight Supplies
Chicago June 21. Potatoes receipts total 64 on track with 176 shipments nationwide. New stock shows strong demand though supplies remain moderate. Arkansas Oklahoma reports mostly fair quality with prices from 2.10 to 2.40 for cobblers and U S No 1 at 2.35 to 2.40. North Carolina barrel cobblers 4.00 to 4.25 old stock firm but light demand. Wisconsin round whites and Michigan russets sold sparingly around 1.50.
MENTIONED IN THIS ARTICLE
Chicago
USDA
United States
Arkansas
Oklahoma
U.S
North Carolina
Wisconsin
Michigan
Hog Prices Edge Higher in Cattle and Hogs Market Report
Chicago cattle and hog markets show mixed shifts with 7,000 cattle and 32,000 hogs listed. Best yearlings top around 7 dollars, heavy steers about 6.50, hogs 200-290 pounds at 4.60 top, lighter weights around 4 dollars, sheep steady with native lambs near 7.50. Oregon season openings noted for first-of-year lambs.
Cattle Hogs and Lambs Quietly Steady in South St Paul Market
South St Paul cattle receipts near 2200 with steadiness across steer yearling prices. calf receipts around 2000 with good to choice values. Hogs show minor declines on lights while top sows and 170 to 300 lb hogs fetch solid prices. sheep receipts 500 with bids steady to higher, best lambs near 7.25, ewes around 9.25.
Livestock Market Report Denver June 21
USDA cattle prices show calves weak to lower with 300 head and 50 bulls cataloged. Steers 967 lb at 5.65, heifers 718-807 lb at 5.75, cutters 1.75 to 2.50, vealers around 6 with some at 6.50. hogs 1,700 head with slight declines, top 4.40 for 185-260 lb. sows 3.50 to 3.75, feeder pigs steady at 3.25 to 3.75. sheep 3,400 native lambs steady to higher on best range lambs, better natives 6.50 to 7.25.
MENTIONED IN THIS ARTICLE
South ST. Paul
USDA
Denver
Omaha Market Report Cattle Hogs Sheep Prices Rise
Omaha cattle calves strong to 15c higher with many loads to 6.25 and top cattle around 6.50 for 790 lb. Heifers up 10 to 15c, cows 2.60 to 4.75, vealers to 5. Sheep steady with native lambs 7 to 7.25 and Idaho lambs 7.25, ewes 14.75. Hogs 11,000 head 10c lower, top 4.35 for 210 260 lb, lighter weights 3.50 to 4.20, sows 3.65 to 3.90.
MENTIONED IN THIS ARTICLE
Omaha
Market Summary Seattle cattle and hog prices
SEATTLE WASH June 21 Cattle 59 choice steers 5 25 6 choice heifers 4 25 5 26 choice cows 4 9 4 50 canners and cutters 1 25 2 50 bulls 2 75 9 3 50 light calves 5 50 6 50 Sheep no receipts good to choice lambs 5 50 6 25 yearlings 3 75 owes 142 50 Hogs no receipts no changes
MENTIONED IN THIS ARTICLE
Seattle
Wash
Chicago Produce Prices and Poultry Market Report
Chicago June 21 live poultry prices show hens at 9 to 10 cents, Leghorns 8 cents, roosters 8 to 9 cents, No 2 at 6 cents, turkeys 10 cents, spring ducks 8 to 9 cents, geese 6 cents. Butter overall firm with creamery specials 93 score at 23 23 ectras 92 score 22 1 2c, eggs 13 891 firm. prices unchanged.
MENTIONED IN THIS ARTICLE
Chicago
Sugar prices steady in New York trade and 1933 distribution
Refined sugar held at 4.60 cents in New York. A trade house reports U S distribution for the first five months of 1933 at 2,384,374 long tons versus 2,149,601 for the same period last year.
MENTIONED IN THIS ARTICLE
New York
United States
Foreign exchange market reports steady in New York
The New York foreign exchange market shows broad stability with Great Britain at 4.16 for demand and cables, 4.16.60-day bills at 4.14s, France at 4.81, Italy at 6.42, Belgium at 17.10, Germany at 9.10. Montreal in New York quotes 9.871s and New York in Montreal 111.184.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Belgium
Germany
Montreal
Call Money Steady In New York Market
Call money in New York on June 21 remained steady at 1 percent for all day. Time loans were unchanged with 60 to 90 day terms at 1 percent and similar rates for 4 to 5 months. Prime commercial paper quoted at 14 percent and bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Metal Markets Report Shows Modest Shifts in Prices
New York metal market notes copper quiet on spot and futures, tin easing with spot near 44.75 and nearby 45, lead steady at 4.20 in New York and 4.05 in East St. Louis, zinc at 4.35 in East St. Louis, electrolytic copper, alimony at 7.00 cent spot.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Boston Stock Exchange Bid and ask quotes brief note
Reported by Winthrop Mitchell & Co the Boston Stock Exchange shows mixed bid and ask values with small ranges across numerous listings including Quincy Hancock Swift Isle Royal Apex Nipis and Mohawk along with several quotes near two percent and slight variations across several issues.
MENTIONED IN THIS ARTICLE
Day
New York Stock Exchange
Winthrop Mitchell & CO
Winthrop, Mitchell & Co
Boston
Quincy
Hancock
Swift Co
Isle Royal
Mohavsk
Uth Apex
Nipis
Mns
Uth
Mtis
No Butte
Raw wool prices rise with strong markets and demand
Boston reports higher prices for western wools as markets abroad improve. The agriculture department notes fair demand for Ohio fleece wools with prices firm or up slightly from last week. Specifics show combing wools around 29 30 cents grease and 30 cents, with 56s to 48s Ohio wools at 32 33 cents grease amid moderate turnover.
MENTIONED IN THIS ARTICLE
Boston
U.P
U. S. Agriculture Department
Ohio
Flour in Butte Markets Quoted at 5.25
Local Butte market reports flour priced at 5.25 per unit yesterday. Market observers note steady demand amid supply concerns as merchants monitor regional rates.
Butte Hog Market Prices Snapshot
Hogs quoted yesterday in Butte market with varying classes. Choice hogs at 44 cents per pound, medium heavy 4 cents, heavy 3 4 cents, extra heavy 13 4? cents, light 4 4? cents, extra light 11? cents.
Grains Hit New Tops for Season
Chicago news reports grains rising late in the day to season highs as heat and drought in the Northwest threaten spring wheat yields. Secretary Wallace warns that winter and spring wheat losses may yield the smallest domestic crop in a generation, with corn and oats also climbing amid rain needs and price jumps.
MENTIONED IN THIS ARTICLE
John P. Boughan
Chicago
Northwest
United States
Wallace
Department of Agriculture
Wheat Receipts Rise and Prices Edge Up in Minneapolis
Wheat receipts reach 209 cars, up from 31 a year ago as cash market shows mixed gains. No 1 northern talks 78 79 3 4 c, No 1 dark northern 80 82 c per cent protein, and other futures bids reflect varying protein content. Corn, oats, barley and rye listed with small changes, flax price around 1.77 1.79, sweet clover seed at 2.25 2.50.
MENTIONED IN THIS ARTICLE
Minneapolis
Montana
Wheat futures and cash bids reported in Portland market
Wheat futures closed for July at 59 cents, September 63 1/4 cents, December 66 3/4 cents. Cash bids listed for Big Bend bluestem 67 cents and various wheats including dark hard winter 12 percent protein at 68 cents and 11 percent protein at 64 cents. Flour receipts noted 10 cars.
MENTIONED IN THIS ARTICLE
Portland
Ore
C. Cash
Big Bend
Minneapolis Market Wheat Opens Mixed Amid Declines
Market wires show Minneapolis trading for wheat withOpen high low quotes and varied performance. Investors react to shifting prices as percentages and figures appear in scattered form across the page.
Also Mentioned on This Page
Inter. Harvester
Inter. Cement. Com
Inter
Johns Manville
Bis
Kelly
Kresge S. S
Kroger Grocery
Lambert& Co
Soo O
Lee Rub. & Tire
Owe
Liggett & Meyers
Loews Inc
Lorillard Tobacco
Louisville G. E A
McKeesport Tin
Mack Truck
S.s
Macy & Coeeeeene
Magma
Mo. Pacific
Montgomery Ward
Murray Corp
Nash Motors
National Acme
National Biscuit
Nat'l Dair
Teeee National Distillers
Nat's Power & Life
Nevada Con
Ohio Oil
Owens Ill. Glass
Pac. Gas & Elec
Packard Motors
Park
Utah Mining
Phelps Dodge
C. Penney Co
Phillips Petroleum
Proctor & Gamble
N. J
Pullman Co
Keith Orph
Remington Rand
Repub. Steel Corpn
IR. J. Rev. Tob
Royal Dutch N. Y
Safeway
Bisweeel St. Joe
St. L. & San. Fran
Schulte Ret
Seaboard Oil & Gas
Sears Roebuck
Simmons Cosed
Socony Vacuum
Is. P. R. Sugar
Cal. Edison
Pac. Ry
Southern Ry
BiGis
Gas & Elec
Oil of
Cal
Oil
Stewart Warner
Studebaker Seeveee
Texas
Tex
Tex Pac Coal & Oi
TX. Pac
Tidewater Assoct
Transamerican
United Aircraft
United Corp
United Fruit Serene
United Gas Imp
Indus
S. Pipe & Fadry
Bber
U. S.steel
Union Carbide
Union Oil of Cal
Boo Pac. Ry
Utilie & Lite
Cisco
Bros. BR
Warren Bros
Westinghouse Elec
Oh Cole
Worthington Pump
Welck & Cass
Treasury Report
Oregon
Metal Markets
Salt Lake Mines
United Press
SALT —_ cIry
Alta Tun Ls
Moscow
Netsdriver
Cardiff
Bing
Tin Co
Utah
Pe Utah
Plumbie
A Lilly
SC Provo
Eka Mines
Iron King
Swan Con
Kennebeck's
ST Keystone
Tin Ltd
Mont Bing
Mammoth
Wilbert Eune
Boston Stock Exchange
CURB
New York Curb Exchange
Amerg&e
Ark Nat
Aenee
Ark Nat Gas-A
Asdane
Assoc G & E
Teentene
Hill
Ccccseseees
Creole Peteran Penneeneene
Cresson Gold
Detroit Air
Ccccceereenees
Hudson Bay
Lerk Newmont
Niles Bem P
Ccceeeesas
Ae Seiberling
Swift & Co
Montana Stock & Bond Co
Ardsley-Butte Mines
Basin Goldfields, Ltd
Butte Copper Cons
Butte Highlands
Butte & London
Butts Mines Holding Corp
Milling Arteee
Corp Trust
Eee Corp Trust
Mont Highlands Mining
Mountain City
Copersseveree
National Parks
Sunshine Mining
Estone
Sup Corp of
Amer Trust
Sup Corp of Amer Trust
Vosburg Syndicate
Erweweeee
Zonolite Company
Aeee
Butte
Graing
Metals Bank & Trust Co
First Bank Stock Corporation