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Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Jun 22, 1938
Page
7
Absence of Rev. Frederick Spencer leads to no mid week preaching services while the Ladies' Aid suspends sessions for the summer months.
Stocks rose as investors priced in large government pump priming and improved business outlook. Strong copper exports lifted copper prices above 9c per pound, with heavy foreign buying seen as a recovery signal. Prominent gainers included Allied Chemical Eastman Kodak Coca Cola Johns-Manville as rails and utilities showed steady demand amid a broad advance and a late-hour retreat.
Butte quotations show hog prices by weight with ranges from 160 to 350 pounds. Rates include 812c for 160-200 Ibs, 8c for 200-225 Ibs and 225-250 Ibs, 7%c for 250-275 Ibs, 724c for 275-300 Ibs, 74c for 300-325 Ibs, and 7c for 325-350 Ibs. Sows and stags bid 5 6c.
Miss Nora Robinson Marge Leary and Nora Connor旅行 to the coast for weeks visiting relatives. H. U. club meet Friday evening at 76 Missoula avenue with Mrs. D. E. Leary and Miss Thelma Ralph. Mrs. Tremberth improving after recent operation at Murray hospital. Mid week prayer meeting tonight at First Baptist at 7. Choir rehearsal Thursday at 7 30 with W Fred Edwards. Knights of Pythias Calanthe temple No 40 meet tonight at 8 at Sons of St George hall. Mr. and Mrs. C. B. Ross and …
Frances Davenport and her mother visit Evanston guests at 1931 Caledonia Street. A weiner roast with local friends including Oswald Bailey and others. Mountain View church hosts an indoor picnic with 125 attendees under Miss Cora Williams. Eagles Ladies auxiliary drill meets led by John Kelly and Mrs Evelyn Laitinen. Mount Bethel church to host a singing class this Wednesday at 10 AM with W Fred Edwards involved.
Mrs. Elsie Richards of 1629 North Main street entertained over the weekend her cousins Mr. and Mrs. E. R. Messner and son Gordon. They were traveling home to Calumet Michigan after an extended southern and western tour by land.
New York June 21. Wool futures climbed sharply amid active turnover as buying followed strength in foreign markets and gains in other commodities. Roubaix rose 20 to 40 centimes while Antwerp edged higher. July at 14.3 bid and October 75.5, December 75.7 bid with spot standard tops up 2.0 to 78.0.
Market note reports flour at 6.00 in Butte yesterday. Separate data shows Greater London elementary enrollments drop by 56,651 in one year.
Refined sugar held steady at 4.50 cents per pound for fine granulated in New York trading on June 21. No changes were reported in today’s market and traders await further price indications from refiners and buyers.
Cattle sales reached about 6 000 head with calves and steers steady to weak and cows and heifers holding. Prime weighty steers drew bids around 11.10, heifers near 9.65, while hogs fell 10 to 25 cents with 170 to 230 pound lots at 8.90 to 9.05 and heavier weights lower.
Omaha stockyard write up shows cattle and hog trade with 5,000 calves and 4,500 hogs. Prices vary across classes from feeders and heifers to cows and bulls with steadiness in several categories and some decline in hogs. Sheep and lambs see steady bids with light movement and noted premiums for choice natives.
Portland market notes show cattle with 550 calves steady to unchanged and loaders around 838 lb California grass steers at 8.10. Hogs 350 head up to 15 cents higher with drives 165-215 lb at 9.10 to 9.25 and carload quotes 9.35. Sheep 300 head active steady to strong with spring lambs 7 to 7.25 and ewes 2 to 2.50.
Cattle 2 500 head calves 100 fair to active fat steers yearlings and heifers firm steers and yearlings 8 25 9 00 load lot choice 1 128 to 1 150 lb steers 9 50 9 65 good heifers to 8 50 grass beef cows steady 5 50 7 75 stockers and feeders scarce steady few 500 lb stockers 7 00 7 75 Hogs 3 500 slow 10 to 15 cents lower 180 to 270 lbs 8 50 8 65 top 8 70 talking greater decline on heavies medium and heavy sows 7 50 7 70 feeder pigs 25 cents lower 8 50 9 00 Sheep 1 200 no stock lamb action strong natives held at 9 25 old crop shorn lambs steady 6 50 7 00
Denver reports cattle trading mixed with gains for some classes. Calves and heifers inch up while grass cows and cutters ease. bulls and beef steers hold near steady. Hog prices soften and sows soften. sheep show weakness in native springers but lambs hold strong demand with higher carloads.
Ogden cattle progressing with varied prices as calves and heifers trade slowly. Good cows fetch around 5.50 while medium ranges near 4.25 to 5.00. cutters 2.50 to 4.00. Hog prices dip 10 cents for 180 to 270 pound butchers, while light weights bring 8.50 to 9.09 and sows hold at 6.00 to 6.50. Sheep listings show 7,000 head with lambs and yearlings trading in the mid to high sevens, Idaho springers at 8.75, and mixed fat and feeder lambs around 7.25.
Spokane market update notes cattle at 47, hogs at 139, sheep at 75 with no changes. Data reflects livestock prices from Spokane market on June 21.
Seattle market notes show cattle 14, hogs 47, sheep none with all categories steady. No changes in prices or demand indicated.
South St. Paul notes cattle numbers 2,500 with steers about 7.50, heifers 5.75 to 7.50, butcher cows 5 to 6, cutters 3.50 to 4.75, bulls 5 to 5.75, stockers 5.50 to 6.75, dealers 7 to 8. Hogs 5,500 unevenly steady to 15 cents lower, top 9.05 with 140 to 250 lb at 8.60.
New York June 21 copper electrolytic firm at 9 cents spot and 9.05 cents export. Tin firm at 42.12 to 42.25 cents spot and nearby with forward 42.25. Lead steady at 4.05 spot New York and 3.85 East St. Louis. Zinc steady East St. Louis forward 4 cents. Pig iron aluminum antimony quicksilver platinum and wolframite unchanged.
Curb shares advanced in the heaviest activity in over a month with gains up to three points in the main list and eight points in volatile issues. Pittsburgh Plate Glass led industrials with a seven point rise while Aluminum Company of America and Jones and Laughlin Steel followed. United Gas preferred led utilities with about eight points gain.
Wheat futures closed July 72.5 cents Sept 72 cents Dec 73 cents. Cash grain bids include No 2 white oats at 25 dollars, No 2 gray oats 25, Barley No 2 at 25, Corn No 2 E shipment 28.75. Cash wheat bids list various soft, western, hard red, and hard white grades with multiple percentages. Transport receipts show Wheat 25, flour 10, corn 8, oats 1, millfeed 2.
U S potato shipments from Colorado reported Monday at 556 cars with Denver on track for Tuesday. California White Rose prices ranged from 1.20 to 1.85 a car, US No 1 at 1.60, No 2 at 1.20, and commercial listings at 1.85 per car with liberal demand despite a weak market.
Prices listed include 250-300 lb hogs at 8.20 down to 8.65 with large weights as low as 7 and sows at 7.50 to 7.90 and stags at 7.25. Sheep show about 25c lower or five dollars down on spring lambs with old crop lambs and ewes steady. clipped lambs 5 to 6.50 and slaughter ewes 1.50 to 3.50.
Chicago wheat prices fell about two cents late as selling pressure grew with new winter crop arrivals. Analysts noted a likely rise in US visible supply next week and faster domestic harvests. July wheat at 1704c, Sept at 7878c. corn and oats mostly slid, rye steady, provisions mixed amid cottonseed oil gains.
Wheat receipts today 47 cars vs 75 a year ago. Trading basis down. Quotations higher by a fraction. No. 1 dark northern 1.04 to 1.06, No. 2 1.00 to 1.05, No. 3 0.96 to 1.02. Dark hard Montana 0.97 to 0.99. No. 1 yellow corn 0.52 to 0.54. Oats 0.25 to 0.44. Rye 0.54 to 0.58. Flax 1.77 to 1.81. Barley 0.64. Sweet clover seed unquoted.
Chicago potato market report shows 80 for on track and 427 new stock with heavy supplies, California slightly firmer and demand fair. Prices listed for Bliss Triumphs and U S No 1s across regions from Arkansas to Idaho, with Russet Burbanks at 2.50 and most U S No 1s around 1.40 to 1.85.
Foreign exchange figures from New York list British pound and other currencies with demand, cables, and 60 day bills. Rates show Great Britain at around 4.95 dollars per pound and France and Italy rates, with Belgium Germany and travel related parities also noted. Montreal and New York exchange both directions appear with parity near 99 to 101.
Butter firm prices listed with multiple grades and percentages. creamery specials at 93 score, extras at 92, firsts 88-91, seconds 84-87, standards 90 area. quantities shown. Eggs steady at 15,452, with fresh graded firsts at 19 19 4 cents and current receipts at 19 19 4 cents. other prices unchanged.
Minneapolis reports flour carload lots per barrel in 98lb sacks with Family patents unchanged at 6.60 and 5.40 to 5.60 for standard patents. Shipments total 16,694. Bran priced at 17 to 17.50. June market notes indicate stable prices for flour components and related shipments.
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