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Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Jun 27, 1944
Page
8
The Associated Press reports a broad advance on the New York Stock Exchange led by low priced motors oils utilities and specialties. Gains reached multiple points with volume at 1 720 260 shares as reconversion plans and Republican convention prospects buoy sentiment.
A Salt Lake City field listing bids and asked prices from Associated Press shows diverse mining interests with company codes and commodities. The table includes numerous entities such as Nalidriver Bing Mils Park Cardiff North Lil East Stan Utah Uteh Keystone Kennebec and Victor Con with varying bid and asked percentages and prices.
Chicago June 26 Potatoes arrivals on track total 0 shipments Saturday 23 Sunday 42 supplies moderate demand good market firm to slightly stronger for best quality California Long Whites demand slow market barely steady prices US No 1 3 35 to 3 55 for California Long Whites Triumphs and other varieties priced across regions.
Minneapolis grain notes show wheat receipts for June 2-6 at 444, with cash prices for No. 1 heavy dark northern at 1.59 to 1.62, dark northern No. 1 at 1.56, No. 2 at 1.57, No. 3 around 1.55 to 1.56, and other varieties including Mon tans at 1.59 to 1.62. Oats, barley, rye and flax prices listed with No. 1 fl ax at 3.06.
Allied engineers forecast rapid port reopen in Cherbourg within two weeks after German撤 demolition ceases. 48 hours will bring in men and materials for France liberation, with channel blasting possible in 14 to 48 hours if breakwater openings are blocked.
Rehabilitation was underway along a 220 mile tri state stretch in Pennsylvania Maryland and West Virginia after a Friday dusk outbreak of tornadic winds. The disaster left 152 dead and 1000 injured with $3 million in damage as Red Cross Salvation Army police soldiers and civilian defense workers joined volunteers to house feed and begin reconstruction for homeless families.
Boise Idaho June 26 Glen H Taylor a war worker and cowboy singer defeated Sen D Worth Clark by 216 votes for the Democratic senatorial nomination in Idaho s June 13 primary official canvass disclosed today Taylor 10711 Clark 10495 Taylor will oppose Gov Bottolfsen winner of the Republican nomination in November election
Chicago reports bullish Washington rumors lifting futures at close. Traders expect a cotton price support program and possible grain price safeguards influencing parity for producers. Oats, rye, and barley also show fractional gains with July contracts noted.
A Excelsior writer Leopoldo Toquero Dimarias reports six camouflaged air fields built by Japanese farmers found by Mexican authorities in Baja California. Two fields near El Carrizal by Magdalena Bay, one with a four mile landing strip, others in the Liral valley. No date given though rumors circulated after Mexico joined the war.
Chicago report details a runaway street car after the motorman fainted as the vehicle neared an intersection. Fifteen year old Morrison describes how Myron Harrison, 14, grabbed the controls, shut off power, and applied brakes, stopping the car inches from a truck after failing to ring the bell.
Markets show cattle and hogs selling with varied prices and modest activity. Calves and feeders mixed, hogs up to 15 cents higher on some weights, sows and feeders advancing, lambs and ewes bid lower with light buying.
South St. Paul June 26 cattle salable 5 000 and calves 1 700 with about 45 percent of run stock cattle and 35 percent cows sold. Hogs salable 10 000 with activity steady to 10 cent higher. good and choice weights quoted, feeders steady, clearance complete.
Curbs stock prices rose with many issues hitting new highs for the year. Raytheon led the gains by climbing to a 1944 peak, with several firms such as Jacobs Company Molybdenum Corporation Root Petroleum Phoenix Securities Everhost Fansteel Metallurgical and New Jersey Zinc also advancing to new tops. Niagara Hudson Power held steady after the Niagara Falls Power Company subsidiary announced a $1,000,000 annual rate reduction. Aluminum Company of America E W Bliss Cuban Atlantic Sugar Pantepec Oil and Electric Bond and Share gained. Carrier Corporation Humble Oil and Lake Shore Mines declined slightly.
The article lists Montana Power stock series at bid 108 asked 110 and First Bank stock at bid 15% asked 16% with an incomplete bank stock quote.
Hog prices rise 29 to 35 cents on choice butchers with top at 12.85, weights 180 to 270 lbs. Canners and cutters steady. beef prices show steady to higher trends. Feeder cattle mixed. stock cattle steady to strong. sheep receipts light with lambs discounts and ewes range 4 to 6 per cwt.
Wool futures moved irregularly in moderately active trade led by switching from March to May by trading firms. Profit taking was absorbed as Boston covering supported business in actuals. Certificated grease wool spot held at 97.0 cents. Top futures closed modestly higher with October at 1.261 1/8 dollars and December 1.231 1/8 dollars.
Minneapolis reports June 26 flour data with 100 pound cotton sacks priced at 4.16 for family patents and 3.34 for standards. Shipments total 15,810 sacks while bran price stands at 0.3775 per unit and 368.25 for shipments.
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