Stock market ends day with net gain of one to seven
Stocks finish higher after a grain and cotton buying surge. Gains ranged from one to seven points with strength in farm implement, mail order and wet sectors. Notable advances included Case, International Harvester, Sears Roebuck, Montgomery Ward, Allied, Du Pont, and National Distillers. Total volume 4,548,549 shares.
MENTIONED IN THIS ARTICLE
John L. Cooley
New York
Case
International Harvester
Sears Roebuck
Montgomery Ward
Allied
du Pont
National Distillers
Chicago
Standard
United States
Bethlehem Steels
American Can
Westinghouse
National Biscuit
American Tobacco
Union Carbide
Rails
New York Bond Prices And Market Notes
Bond prices and listings across Lib 314 s 32 47 and Treasuries show varied yields. Domestic issues include AT&T and GM stocks with mixed performance, while foreign issues feature Argentina Canada France Germany and Japan with notable rate levels and changes.
Foreign exchange rates in New York on June 26
Easy foreign exchange at New York markets with Britain at 4.2115 dollars per pound, cables 4.21. France 4.86. Italy 6.51. Belgium 17.25, Germany 29.55. Montreal in New York 90.25 and New York in Montreal 110.874.
MENTIONED IN THIS ARTICLE
New York
Allegheny Corp Am
AT & T
AT & SF
S&ip
CM & St Padj
C&n W
Chile
Ceseeevese
Cuba
Dodge
Goodrich
Goodyear
M-K-Tex
Peewee Mall
Ccuessseees
Texas Corp
Biritiga
Canada
Japan
Great Britain
France
Italy
Belgium
Germany
Montreal
Sugar Prices Unchanged In New York Market
Refined sugar held at 4.60 cents per pound with steady quotes. A solid withdrawal demand was noted but overall new business was light in New York on June 26.
MENTIONED IN THIS ARTICLE
New York
Treasury Receipts and Expenditures Reported
Treasury receipts for June 23 totaled 5,988,193.34 with expenditures of 1,621.76 and a balance of 984,636,983.33. Customs duties for the first 23 days of June amounted to 17,972,918.44.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Cattle and Sheep Prices Slip at Chicago Auction
Cattle sale numbers show 17 000 cattle and 1 500 calves plus 12 000 sheep and 8 400 direct bids. Prices weaken with most categories 10 to 50 cents lower. top beef steers around 6 50, vealers near 4 95, packing sows 3 25 to 3 65, native lambs 7 75, fat ewes about 2 2.75.
MENTIONED IN THIS ARTICLE
Chicago
U. 8
Denver market report calves hogs and sheep prices
Denver dairy and livestock sale figures show calf and veal prices steady with declines on yearlings. Hogs traded around 4.10 to 4.25 for good weights, with packers and feeder pigs weak, while sheep sales totalled 7 800 with native lambs steady to weak and range lambs up to 7 25.
Omaha cattle and hog market roundup
Omaha reports cattle at 9 500 head and hogs at 16 000 with mixed moves. Cattle prices show calves and beef cows weakening while vealers hold near 5 dollars. hogs dip 10 to 15 cents with top at 4.15 for 220 to 280 pounds. sheep and lambs see bids softer on feeders but range lambs bring 7 dollars and up.
Spokane Livestock Prices Rally Across Cattle Hogs and Sheep
Spokane Wash June 26 cattle numbers 165 steer prices from 444.50 to 606.35 depending on grade stockers and feeders 344 heifers 5.50 to 6. Canners and cutters 1.25 to 2.50 calves good to choice 5.25 to 5.50 hogs 44 head good to choice 4.75 to 4.85 heavies 4.20 to 4.35 sheep 49 head spring lambs 5 to 5.50 yearlings 3.50 to 3.50 ewes 12.50.
MENTIONED IN THIS ARTICLE
Spokane
Wash
Cattle Hogs and Sheep Receipts at South St Paul Market
Cattle receipts 5500 weak to lower with best fed steers up to 5.50, calves mixed to 74.50 for strictly choice, hogs receipts 6000 down 11c with top 4.15, various weight classes steady to lower, sows 3.25 to 3.60. Sheep receipts 700 down 25c with desirable Montana at 7.50 and natives near 7.25.
MENTIONED IN THIS ARTICLE
South ST. Paul
USDA
Montana
Closing Grain Letter Forecasts Mixed Wheat Signs
Chicago reports show weekend moisture scattered with 100 degree highs in the region. Wheat futures rose after profit taking gave way to renewed buying as spring wheat led gains. analysts caution about a moderate crop despite weather signals and no clear weather relief.
MENTIONED IN THIS ARTICLE
Chicago
Illinois
Iowa
Nebraska
Welsh coal seam Found Across 2000 Acres
The report notes a seam of coal covering 2,000 acres of virgin ground has been discovered in Wales. Freemasons from across England have organized a flying club with headquarters at Brooklands airport.
MENTIONED IN THIS ARTICLE
Wales
England
Brooklands
Portland Wheat Prices and Receipts Report
Wheat closes July 69c September 72c December 75.5c. Cash bids list Big Bend bluestem 77.5c, dark hard winter 78.5c, 11 percent protein 73.5c, soft white 68c, hard winter 67.5c, western white 66c. Oats No 2 white 23.50c. Today's car receipts: Wheat 46, barley 1, flour 31, oats 2.
MENTIONED IN THIS ARTICLE
Portland
Ore
Big Bend
Minneapolis Grain Prices and Wheat Receipts Report
Minneapolis grain market notes wheat receipts total 382 cars with gains across grades. No 1 northern wheat quoted 91 to 92 cents, No 1 dark northern 94 to 96 cents with various protein levels. amber durum and red durum values listed. Corn No 3 yellow 44 to 46 cents. barley 44 to 61 cents. rye No 2 76.14 cents. flax No 1 around $1.89 to $1.94. sweet clover seed $2.25 to $2.50.
MENTIONED IN THIS ARTICLE
Minneapolis
Montana
Timothy
Greece Manufacturers Expand Plants to Meet Rising Demand
Manufacturers in Greece are enlarging and modernizing facilities to handle increased business. The expansion includes upgrades to production lines and capacity to support forthcoming demand growth.
MENTIONED IN THIS ARTICLE
Greece
Hoppers expected to aid Minnesota farms this year
Minnesota budgeted 250000 for grasshopper control after last summer’s poisoning drive. Entomologist A G Ruggles says about 90 percent of hoppers were exterminated, with remaining 10 percent controllable by standard precautions. He warns North Dakota and central South Dakota may face infestations. Iowa should see little impact. Fifty five counties participated, saving an estimated nine million dollars in crop value.
MENTIONED IN THIS ARTICLE
ST. Paul
Minn
Minnesota
A. G. Ruggles
Ruggles
Northwest
North Dakota
South Dakota
Iowa
Prices on Wool Tend to Harden in Boston Market
Wools suited for the trade showed strong demand in the Boston market. Choice scoured double A grades reached 80 cents for superior staples, with finer territory wools quoted at 71 to 73 cents on a scoured basis. New clip wool remains limited, with strong 70 cent offers in original bags. Argentina moves to allow drug store chains under restrictions.
MENTIONED IN THIS ARTICLE
Boston
U.2
U. S. Agriculture Department
Choice
Metal Markets Report Highlights Tin and Lead Movements
New York June 26 Cop i electrolytic spot and futures Tin steady firm prices at 45.37 for spot and 45.62 for nearby futures. Tron steady at 15.50 fob Pennsylvania and 14.50 15 fob Buffalo. Alabama 12 fob. Lead quiet at 4.20c New York and 4.05c East St. Louis. Zinc firmer at East St. Louis spot and future 4.37 4.40. Antimony spot 7.00c. Quicksilver 61 62.
MENTIONED IN THIS ARTICLE
Digert
Alaska
Juneau
Alleghany Corp
Allied Chemin
Am. & Fra. P
Amer. Inter. Corp
Amer. Locomotive
American Metals
Eenee
Amer
Amer. Roll. Mills
Amer Water Works
Amer Zine. Com
Anaconda Copper
Ana, Wire & Cable
Leonselevesee
Eeee
Armour “A
Atchison
Eee
Atlantic Refining
Auburn Auto
Eeee Noes
Avia. Corp
del. Pe
Baldwin Loc’motive
Baltimore & Ohio
Barnsdall
Beatrice Creamery
Best & Co
Bendix Aviation
Eevee Bethlehem Steel
Borden & Coeeneeee
Bohn Aluminum
Borg & Warner
Briggs Mfg. Co
Brooklyn-Man
Trns
Butte & Superior
Butte Cop. & Zinc
Ewer
Byers A. Mee
Eeeeel Callahan Zinc
Ween ‘Calumet & Hecla
Seeee ‘Canadian Pac. Ry
whee!Case Co
J. 1
Eee Celanese Corp
Cerro de Pasco
Coca Cola Co
Chrysler Motor
Wenee Colo
Fuel & Iron
Columbia Carbon
Columbia Gas Eeeel
Eeeee C'm'ith So. Corpn
Congoleum Nairn
Eeeee Consolidated Cigar
Consolidated Gas
Jeweee ‘Consolidated Oil
Crown Cork & Seal
Crucible Steel
Curtiss Wright
Eeace Curtis Wright
Drugs, Inc
Douglas Aircraft
Dupont
Eastman Kodak
Eaton Mfg. Co
Elec
Autolite
Elec. Mus
Leeees Engs. Pub. Service
Eenee iErie
Fox Film A
Freeport Texas
General Foods
General Mills
Seee
General Motors
Gillette Razoroo
Goodrich Rubber
Goody'r Tire
Rub
Graham Paige Mtrs
Granby Con
Gt. North
Oresco
Gt. Northern
Pfd
Gt. West
Ener
Grigsby Grunow
Gulf States Steel Ae
Homestake Mining
Houston Oil
Old
New
Howe Sound Ooo
Sere Hudson Motors
Hupp Motors
Ingersoll Rand
Inter Ea Oak Ae
Inter. Cement. Com
Inter. Harvester
Inter. Nickel
Inter. Tel
Kelvinator
Kennecott
Kresge
Veel
Kroger
É& Covel
Lee Rub & Tire
Liggett & B
Loews Inc
Lorillard T
Louisville G. E
McKeesport Tin
Mack Truck
Macy & Co
Asesel Wnt
Magma Soersleeveclesves
Esccclesvess
Eee Eee
Marlin Rockwell
Matheson Alkali
Miami Copper Eee
Mc. Kan
Mo. Pacific. Com
Montgomery Ward
Motor Wheel
Murray Corp
I. Ee
Nash Motors
National Acme
National Biscuit
Nat'l Cash
Nat'l Dair
Eee National Distillers
Nat'l Power & Life
New Haven Ry
Eee N. Y. Central
Noranda Mines
Owens Ill
Glass
Pac. Gas & Elec
Packard Motors
Park Utah Mining
Phelps Dodge
Pennsylvania Ry
J. C. Penney Co
Phillips Petroleum
Proctor & Gamble
N. J
Pullman Co
Radio Corp
Keith Orph
Remington Rand
Repub. Steel Corpn
R. J. Rev. Tob
R. J. Rev. Tob. ‘ 44% 45! 44) 44! 14500— 1 ‘ 37'S 17% Seeee Royal Dutch
N. Y
Sewer St. Joe
St. L. & San. Fran
s/ Schulte Ret
P. R. Sugar Eee
South
Cal. Edison
Southern Pac
Southern Ry
Gas & Elec
Oil
Calif
Oil of
Stewart Warner
Jiseee Studebaker Eee
Sac
Superior Ooil
Tenn. Cop
Chem Sooel Eeenelewee
Ols Sere Renee
Eens
Texas Corp
Texas Gulf
Tex Pac Coal
TX Pac
Tidewater Assoc
Transamerica
Asees
United Aircraft
United Corp
United Gas Imp
S. Ind
U. S. Pipe & Fdry
U.S
U. S. Steel
Union Carbide
Union Oil of Calif
Union Pac. Ry
Util. Pow. & Lite A
Warner Bros. Pict
Pass Tee Bros
West
Gh’se Airbrake
West. Union Tel
Westinghouse Elec
Woolworth
Worthington
New York
Tron
F. O.b
Pennsylvania
Buffalo
Alabama
East St. Louis
Wheat soars to dollar bushel on drought driven rally
Chicago June 26. Wheat jumped about 7% cents to near one dollar as drought and heat boosted buying. Trading reached about 150 million bushels in Chicago while nearby Fort Worth prices touched $1.00. Corn and oats also rose with provisions, amid plans for a processing tax and rain hopes.
MENTIONED IN THIS ARTICLE
Chicago
Fort Worth
Texas
Grain boom lifts stocks as market broadens gains
Speculative sentiment improves with booming grain markets and steady buy orders on the curb exchange. Utilities rally with Electric Bond & Share near three points, Commonwealth Edison up two, and oil groups led by Standard Oil of Ohio rising to a 28% high. Deere & Company climbs five points and Newmont leads mining with a 14 point gain.
MENTIONED IN THIS ARTICLE
New York
Electric
Commonwealth Edison
American Gas
Standard Oil of
Ohio
Gulf Oil
Pennsylvania
Humble Oil
Standard Oil
Indiana
Deere & Company
Hiram Walker
Aluminum Company
Motors
Newmont
Chicago Produce Prices and Goods Report June 26
Poultry prices steady with live poultry at 4% pounds up to 10% cents per pound and varieties including Leghorns, roosters, turkeys and ducks listed. Butter prices firm with multiple grade ratings and scores. eggs firm with various firsts and storage options shown.
MENTIONED IN THIS ARTICLE
Chicago
Market quotes from Winthrop, Mitchell list
A column of bid and asked percentages and values from multiple entities led by Winthrop Mitchell. Entries include queues for Quincy Swift Co Isle Royal Mac Mohawk Apex Nipis Mas Uth Mils No Butte with bid and ask figures varying from 1 to 90 and several percent ranges.
MENTIONED IN THIS ARTICLE
Winthrop, Mitchell & Co
Spokane
Noble Five
Geteante
Sher
Grandview
S'nshine
Tamarack
Jck Waite
Mts
N.W Life
McGilvy
Quincy
Swift Co
Isle Royal
Mac
Mohawk
Uth Apex
Uth
Australia reports record sheep numbers and fleece weight
Officials announced last year Australia set records for the national sheep population and the average fleece weight. Rural agencies cited favorable rainfall and high wool demand as drivers behind the surge in flock size and heavier yields.
MENTIONED IN THIS ARTICLE
Australia
Also Mentioned on This Page
Day
New York Stock Exchange
Winthrop Mitchell & CO
Treasury Report
Denver
Omaha
Netherland India
The
Montana Stock & Bond Co
Ardsley-Butte Mines
Treeeas
Basin Goldfields, Ltd
Basin Montana Tunnel
Butte Copper Coas Mines
Butte Highlands Mining
Butte & London
Butte Mines Holding Corp
Cons Mining & Milling
Corp Trust
Eee Corp Trust
Eee Corp
Mont Highlands Mining
Moscow Mines Eee
Mountain City Copper
National Parks Airways
Sunshine Mining
Sup Corp of
Amer ‘Trust
Sup Corp of Amer Trust
Vosburg Mining
Peete Ween Oi
Portland Wheat
Argentina
Metal Markets
John P. Boughan
Salt Lake Mines
United Press
Salt Lake City
Alta Tin
Moscow
Bing Mtis
Cardiff
Lily
Colo
Utah
Eka bin
Plumbie
Eka Lilly
Lehi
CURB
Ark Nat Gas
Assoc
G & E Etree
Hill & So
Carid Gyn
Com & Son
el Bond & Share
Ford Mtr
Ford Mtr Ltd
Ceeseeeeves Gen Alloys
At & Pac
Gulf Oil Paw
Hudson Bay
Newmont Mine
Ssesees
Ning Hudsow
Sssseesess
Novadel Ag
Swift & Co
Faine, Webber & Co
Rand Tower
Chicago Board of Trade
Minneapolis Chamber of Commerce
Chisego Stock Exchense
Boston Stock Exchange
Winthrop, Mitchell Co
Dee
Seeewee Bate
Metals Bank & Trust Co
First Bank
Butte
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