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Newspaper

The Montana Standard

Location

Butte, Montana, United States of America

Date

Jun 30, 1933

Page

12

Market cautious as currency debate rages on

Financial markets hold a cautious stance as the global currency stabilization debate intensifies. Stocks show selective gains with Commercial Solvents and other names up 2 to 3 points, while many majors drift or decline and volumes reach 4,592,740 shares.

John L. Cooley New York Sterling American Ice Standard Brands Drugs, Inc Eastman Kodak Deere American Telephone U.S. Steel Bethlehem American Can Westinghouse Allied Chemical Dupont National Biscuit Standard Oil of New Jersey Union Pacific New York Central Western Union American Tobacco National U. S. Industrial Owens-Illinois

New York Bond List Shows Wide Range of Treasuries and Corporate Issues

Bond digest lists Lib 3448 32 47 notes at 102.20, Treas 3% 40 48 at 102.13, and a spectrum of corporate issues such as AT&T, Goodyear, and American Sugar. Prices vary with many issues cited around mid 90s to low 100s, including municipal and foreign entries.

New York Icscccce & Am AT & T AT & SF B&o Ist CB & Q Chile Sesevee Dodge M-E-Tex Aawene Brame GS Tog Cesience Utah P & L Ceces Cove West Pas Ist West Union Yngsta & & T Belgium Bummer OL Ook Germany

New York Money Market Steady Across Instruments

Call money remains steady at 1 percent for the day. Time loans show 60 to 90 days at 4 to 5 months at 1 percent and 6 months at 1 percent. Prime commercial paper quoted at 4 1/4 to 4 1/2 percent. Bankers acceptances unchanged.

New York

Closing Grain Letter Signals Stable Yet Bullish Wheat Outlook

Chicago June 29 Wheat markets fell as Liverpool prices slipped but weather prospects look favorable. Rain covered Alberta Saskatchewan North Dakota Montana Illinois corn belt with cooler conditions foreseen in the north. Despite earlier unease, the market held firm and remains bullish as improved weather supports crops and prices.

Chicago Liverpool Mississippi River Alberta Saskatchewan North Dakota Montana Mississippi Valley Iowa Illinois Corn Belt Middle West Upper Great Lakes Great Plains Northwest Canada Vanduren Harrington

Minneapolis Local Quotations Close

Winthrop, Mitchell & Co. report Minneapolis market quotes with September at 90c, December at 9154c, July at 80%c, and a general bullish note on the spring wheat situation.

Minneapolis Winthrop, Mitchell & Co Minneapolis, Minn

Boston Stock Exchange Copper and mining bid asked notes

Boston stock exchange listing from June shows copper and mining stocks with bids and asks. Quiny Hancock Swift U S Mach Ung Mines Utah Apex Butte Utah Metals cited with varied bid and ask percentages and prices.

Winthrop, Mitchell & Co Boston Quincy Hancock Swift Co I Royale U S Mach N’g Mines Utah Apex N Butte Utah

Spokane Mines Prices Bid Asked Big Mo and Others

Spokane market notes show bid asked lines for multiple mines and metals with price ranges. Entries include Noble Five, Hill, Gold, Golconda, Sunshine, Hecla, Tamarack, Waite, and Wickliffe style listings with bid and ask figures and percent figures for yields or grades.

Spokane Wash Winthrop, Mitchell & Co Big Mo Noble Five Bkr Hill Reiile Dayrock Pmr Gold Golconda Gr'dview Sunshine Hecla Tamarack Waite Lington NWL

Potatoes Prices Reported by Department of Agriculture

Potatoes on track at 104 cents per cwt with 273 shipments, 573 new stock, trading slow. Supplies moderate across regions with varied prices for cobblers and round whites, including Virginia and Missouri lots, occasional declines and firm old stock.

Chicago U.S Virginia Barrel Supon Light Wisconsin

Foreign Exchange Rates and Cables in New York

Foreign exchange in New York on June 29 shows weak demand across major currencies. Great Britain at 4.25 cents and 60 day bills 4.237, France 4.94 demand and 4.95 cables, Italy 6.75, Belgium 17.95, Germany 30.50, Montreal in New York 91.00, New York in Montreal 110.00.

New York Great Britain France Italy Belgium Germany Montreal

Portland Wheat Prices and Cash Quotes

Portland market report dated June 29 lists wheat closing futures with July at 67 cents, September 69½, December 75. Cash bids show Big Bend blue stem Tic dark hard winter 12 percent 78 cents, 11 percent 73 cents, and various soft and western white grades. Oats No 2 white quoted at 24 dollars.

Portland Ore Big Bend

897th permit for 3.2 beer issued

The Montana board of beer control issued a restaurant license to Louis B. Leon operator of Leon park three miles east of Miles City. This was the 897th permit issued by the board and receipts total $172,125.

Helena Montana Board of Beer Control Louis B. Leon Leon Park Miles City

Hogs and Cattle Market Report From Chicago

Chicago June 29 USDA market notes show hogs at 10 cent drop with top bid 4.65 while most bids 4.50 4.55. cattle calf numbers 6 000 with weighty steers steady to lower. cows bulls steady to 25c lower. Sheep and lambs mixed with native lambs 6.75 7.00 and slaughter ewes around 2.25 2.75.

Cattle Hogs and Sheep Prices Reported in Denver Market

Denver market totals show cattle around 450 calves steady with beef steers 4.50 to 5.25, cows under 3, vealers 5.50, and cutters 1.75 down. Hogs 3,500 with top 4.40 for 210 to 230 pounds, sows 3.50 to 3.85, feeder pigs steady at 3. Sheep 4,200 native lambs steady, tops near 7.25 with odd wethers at 3. Prices reflect mixed grades and carlot demand through Wednesday.

Denver

Omaha Market Report Cattle Hogs and Sheep Prices

Omaha market report lists cattle 5 500 calves 300 fed cattle and yearlings weak to top 5 45 75 with beef cows 2 25 to 3 25 grain feds 3 50 to 4 25 vealers 0 59 lower. Hogs 13 000 10c lower top 4 25 220 270 lbs good and choice 180 350 lbs 4 0 4 25 sows 3 65 to 3 85 feeder pigs 2 50 to 3 3 Sheep 4 000 800 direct steady to 25c higher natives 7 97 25 fed clipped 6 60 97 rangers 6 75 other classes steady fed yearlings 4 75 4 5 35 ewes 1 50 range feeding lambs 5 50.

Omaha USDA

Cattle Hogs and Lambs Report From South St. Paul Market

Receipts: cattle 2600 steady for fed steers and yearlings with lower grades slow. calves 1800 weak to 50c lower with good to choice at 37 to 74.50. Hogs 6500 down 10c. 180 to 325 lb. ranges 4.74 to 4.15 top 4.15. 130 to 180 lb. 3.50 to 4.00. Sheep 800 steady. native lambs 6.50, throwouts 4, yearlings 3.95, fat ewes 1.72.

South ST. Paul USDA

Missoula Youth Injured in Crash

Missoula Mont June 29 George Hammond 17 suffered severe head and body cuts and possible internal injuries when his car collided with a machine driven by R L Ruhle of Butte here this morning Ruhle and two other occupants were shaken up but not injured

Missoula Mont George Hammond R. L. Ruhle Butte Ruhle

Tax payments down 5.5 percent in Montana for 1933

Montana tax payments for the second half of 1933 fell 5.5 per cent from 1932 after the final county remittance was received. The state’s share totaled about 685,036 dollars, versus 726,259 dollars a year earlier.

Helena Mont Montana

Metal Markets Report Roundup

Copper electrolytic steady on spot and nearby at 45 dollars, futures 45. Tron steady. Lead quiet at 4.20 cents in New York and 4.05 in East St. Louis. Zinc firm with spot and future at 4.50 cents. Antimony spot at 7.00 cents.

New York East St. Louis

Salt Lake Mines Market Quotations Reported by United Press

A Salt Lake City market update lists bid and ask prices for numerous mines and commodities, including Ale Tin Moscow Cardiff Chief Con Pk Utah Provo Sacramento Tintic Kent Kennebec and Mammoth, with figures showing bid and ask ranges, percent leads, and occasional notes. The jumble includes coal Tin and various ore terms, indicative of a mining exchange snapshot from June 29.

Montana Stock & Bond Co Ardsley-Butte Mines Voreees Montana Tunnel Butte Copper Cons Eeee Butte Highlands Mining Butte & London Butte Mines Holding Corp Teen Cons Mining & Milling Corp Trust Wee Corp Trust Eee Corp Trust Eee Petroleum Etc Fund Trust Senate Hattie Ferguson Imperial Royalties Mont Highlands Mining Moscow Mines Eee Ethene Mountain City Copper Sceeee National Parks Airways Sunshine Mining Aeteeee Sheen Sup Corp Amer Trust Wees Vosburg Mining Tee Zonolite Company Salt Lake City Moscow Cardiff Quincy Lilly Colo Con Cmb Mtils Ohio Pk Bing Pk Cy Cn E Tin Coal Nelson E Tin Cn Pk Prem Utah Pk Utah Eka bin Plumbic Eka Lilly Provo Fka Mines Sacramento King Swan Con Kennebec Keystone Mont Bing Mammoth Wilber Cece

Buying Slow on Cur b Market

Buying interests confined their operations to a few miscellaneous stocks on the curb exchange today. Prices of active shares slipped irregularly lower with textiles and certain industrials showing quiet support and gains at the opening. Utilities rallied mildly from mid session lows while oils faced profit taking sending losses into single points.

New York New Jersey Zinc Pittsburg Plate Glass Aluminum Company of America Swift & Company American Gas American Superpower United Lights Cities Service Humble Oil International Petroleum Standard Oil Indiana

Joe E Brown Stars in Elmer the Great at Rialto

Joe E Brown appears in the First National comedy Elmer the Great at the Rialto today. The film, written by Ring Lardner and George M. Cohan, is billed as the most uproarious of Brown’s screen works and follows a Hicktown youth who becomes a major league champion batsman.

Joe E. Brown Rialto Theater Elmer the Great Ring Lardner George M. Cohan

Administrator Sends Volstead on a Furlough

Andrew Volstead, author of the Volstead act, was ordered onto an indefinite furlough from his post as legal adviser to the Northwest prohibition administrator. The furlough begins Friday and was ordered by A. V. Dalrymple, national prohibition administrator, in a Washington telegram.

ST. Paul Andrew Volstead A. V. Dalrymple National Prohibition Washington

Mystery Drama Feature At American Technocracy

Charlies Ruggles stars with Lionel Atwill in Murders in the Zoo a mystery drama praised for its West Coast support among animals who worked with him. Ruggles jokes about technocracy paying for energy and imagines lions elephants and other beasts receiving pay.

West Coast Charlies Ruggles Ruggles Lionel Atwill

Wheat up as drought damage hits Northwest crops

Chicago reports heavy wheat losses in the Northwest due to heat and drought with crops described as virtually a one stem plant. Prices climbed to over a dollar per bushel at times, then settled with mixed moves across grains and provisions.

Chicago

Wheat market reports from Minneapolis grain receipts

Minneapolis wires report 281 car wheat receipts with price ranges for No 1 northern and dark northern grades and various protein contents. Also listed are amber durum, red durum, July September and December futures, plus corn oats rye flax and sweet clover seed prices.

Minneapolis Montana

Treasury receipts and outlays for June reported

Treasury data show June 27 receipts at 5 278 825.98 dollars and expenditures at 16 778 242.18 dollars, leaving a balance of 937 394 094.41 dollars. Customs duties for the first 27 days of June totaled 19 813 822.38 dollars.

Washington Treasury

Sugar prices hold steady as refined sugar slips in resale market

In New York on June 29 refined sugar withdrawals remained liberal amid warmer weather. New business was light and satisfied through resale offerings. Prices stayed at 4.60 cents with second hands listed 5 points under.

New York

Market hog quotes for yesterday by weight class

Local hog market listings show prices for different weight categories including choice, medium heavy, heavy, extra heavy, light and extra light with percentages indicating grade quality. No specific seller names or locations are provided in the readable text.

Flour Price Quoted in Butte Market

Flour in Butte is listed at 6.05 with the local market report. Reference is made to earnings potential for Killas, noting a figure far above twenty thousand dollars per year.

Butte

Also Mentioned on This Page

Trabe Indis Rails Utis Day New York Stock Exchange Winthrop Mitchell & CO Adams Express Alaska Juneau Ceee Allis Chalmers Amer Fra. P Amer. Inter. Corp American Metals Amer. Radiator Amer. Roll. Mills Amer. Smelt. Com Amer. Snuff. Com Amer. Steel Fury Amer. Tel Tel Zinc Ener Wire & Cable Jeeves Jecses Eeeee Jeceses Armour “A Atchison Atlantic Refining Flyburn Auto Avia. Corp Del Baldwin Locomotive Baltimore & Ohio Barnsdall Beatrice Creamery Best & Co Bendix Aviation Bethlehem Steel Borden & Co Bohn Aluminum Borg & Warner Butte & Superior Butte Cop Byers A. M Callahan Zinc Eeenee Calumet & Hecla Canada Dry Canadian Pac Case Co J. 1 Caterpillar Tractor Celanese Corp Certainteed Pdidts Cerro de Pasco Chesapeake & Ohio Com C. M St. P Chi Coca Cola Co Chrysler Motor Cola. Fuel & Iron Columbia Carbon Columbia Gas +e C’m'Ith Sc. Coron Congoleum Nairn Consolidated Cigar Consolidated Gas Consolidated Oil Dia. Pibre Contl Crown Cork & Seal Curtiss Wright Crucible Steel Eeeee Curtis Wright Eeener Douglas Aircraft Eaton Mfg. Co Elec Autolite Elec. Mus Engs. Pub. Service Lees Leeenee E Erie Common Fox Film A Texas F. G. Shattuck Gen General Electric General Foods General Mills General Motors Gillette Razor Glidden Goodrich Rubber Goody'r the Granby Con Graham Paige Gt. Northern Gt. West Grigsby Grunow Gulf States Steel Houston Oil Old New Howe Sound Hudson Motors Hupp Motors Ingersoll Rand Cipee Eales Cirge Inter Inter. Cement Inter. Harvester Inter. Tel. d& Tie Leuelenbor Co Seeee Ennecott Copper Kresge Ode Rub. & Tire Liggett & Meyers Lewnee Loews Inc Cocccee Loose Wiles Lorillard Tobacco Louisville G. E McKeesport Tin Mack Truck Ceeeel Macy & Co Magma Teeslseeseleeees Ce Ee Eeenre Marlin Rockwell Sseesee Eeeweleeee Seeeee Matheson Alkalin Miami Copper Mo. Kan Mo. Pacific. Com Montgomery Ward Motor Wheel Murray Corp Seeee Nash M Motors National Acme Nat’s Dairy Prod Eeeee National Distillers Nat'l Power & Lite New Haven N. Y. Central Noranda Mines Jeanne N. A. Aviation M. A. Corp Veenee Pacific Owens Ill. Glass Pac, Gas & Elec Packard Motors Oneeal Park Utah Mining Phelps Dodge Ener Pennsylvania Ry Eal J. C. Penney Co Phillips Petroleum Procter & Gamble N. J Pullman Co. Heeenews Radio Corp Radio Keith Orph Remington Rand Repub. Steel Corpn IR. J. Rev. Tob Royal Dutch N. Y Safeway St. Joe Lead St. L. & San Sears Roebuck Shell Union Oil Simmons Co Socony Vacuum S. P Sugar Seeee Cal. Edison Eter South. Pac Serene! ‘Southern Ry Eeree Gas & Elec Oil of Cal Stewart Warner Studebaker Tenn. Cop. & Chem Tex Tex Pac Coal & Ot Pac. Land Trst Transamerica United Aircraft Coe United Corp Coe United Fruit United Gas Imp U. S. Indus U. S. Pipe & Fury Sever U. &. Steel Pfd s0iCaien Carbide Union Oil of Cal Union Pac Util. Pow. & Lite A Brosainee West Union Tel Estinghouse Elec Woolworth Worthington Siena Boston Stock Exchange Portland Wheat SOUTH Paul Metal Markets Salt Lake Mines The United Press CURB Amerg&e Ark Nat Gas Ark Nat Gas A Hill & So Carib Detroit Air el Bond & Share Ford Mir Ford Mir Ltd At & Pac Gulf Oil Pa Holling Gold Hudson Bay Etter Eee Seiberling Swift & CO Todd Ship Gas US & Int Sec Verde Venezuela Volstead American John P. Boughan Cess Rye Timothy Seed Clover Seed Treasury Report Killas Metals Bank & Trust Co First Bank Stock Corporation
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