Wheat Climbs on Renewed Italian Demand Across Markets
Italian interest in buying 20 million bushels sparks a fresh grain rally with wheat up to $1.51 May and $1.39 July. Corn gains 3 to 4 cents as domestic demand strengthens. Reports of Ohio Indiana crop damage and export demand support prices, while hedging and cash demand shape the day. Minneapolis notes show No 1 northern around $1.46 to $1.47, and flour futures rise about 20 cents. Flax in Duluth bids at $2.75% for April and May.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Italy
Liverpool
Winnipeg
Ohio
Indiana
United States
Minneapolis Grain
The
Minneapolis
Seaboard
Southwest
Germany
Manitoba
Kansas City
New York Stock Exchange Drive Halts Market Rally
Stocks opened strong on April 7 led by motor and oil issues but hit weakness in Northwestern rails. Closing was mixed to lower with critical declines in Chicago and Northwestern, U S Steel down, and Norfolk and Western firm. Call money steady at four percent, time money near four percent, foreign exchange uneven. Total sales 1,227,400.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Northwestern
Clasé
Northwestern Rai
Chicago
Findley
Great Northern Preferred
Union Pacific
Lackawanna
Delaware and Hudson
Norfolk and Western
U. S
Gary
Baldwin
General Electric
France
J. P. Morgan & Co
Profit taking dampens market rally amid rail and steel weakness
Profit taking chilled yesterday's stock rebound led by industrials and rails after a Monday rally. Northwestern rails saw a sharp drop amid dividend doubts, while Savage Arms and other bets dipped. GM and Studebaker saw accumulation and record March earnings, with Magma Copper reporting a new ore strike. Grain and corn markets rallied on export demand as rains limited losses, with Liverpool firm and oats following.
MENTIONED IN THIS ARTICLE
Lauzier
Wolcott & Co
Northwestern
Chicago & Northwestern
Northern Pacific
Great Northern
Erskine
Studebaker
General Motors
Nash
Finley
Magma Copper
Butter and eggs market notes from New York and Chicago
Butter receipts in New York show creamery extras at 45 45%c and firsts at 40 44c with weak overall demand. cheese irregular at 167,052 pounds. Chicago reports higher butter with creamery extras at 41%c and firsts at 39 39%c. eyes firsts at 26% 2%c and storage pack extras at 28c, reflecting varied demand across grain and dairy items.
MENTIONED IN THIS ARTICLE
New York
Chicago
Potato Market Slow in Chicago Early Trading
Potatoes open with slow activity as receipts reach 60 cars and United States shipments total 612. Wisconsin Round Whites mostly bring 75 to 81 cents, fancy around 90 cents, bulk 70 to 80 cents, with some higher car pricing. Minnesota sacked Round Whites mostly 70 to 86 cents, Red River Ohios up to 90 cents, Idaho Russets 2.20 to 2.40 per bag.
MENTIONED IN THIS ARTICLE
Chicago
United States
Wisconsin
Minnesota
Red River
Sugar Prices Edge Down in New York Markets
Refined sugar prices eased with fine granulated range at 5.75 to 6. New low for the year. Refined futures nominal. Futures closed steady with about 21,000 tons sold, May contract.
MENTIONED IN THIS ARTICLE
Associatedress
New York
NEW LOW FOR SUGAR AND METAL MARKETS REPORT
Sugar refiners cut fine granulated sugar to 5.75 cents a pound, aiming to spur business, as the Associated Press reports from New York on April 7. Copper, tin, lead, iron, zinc and antimony prices move mostly steady or firm in the day’s market snapshot.
MENTIONED IN THIS ARTICLE
Federal Sugar Refining Company
The
Associated Press
New York
East St. Louis
London Metals Prices Reported for April 7
London metal prices show copper at spot £60 10s futures £61 12s 6d electrolytic £64 futures £63 0s Lead at spot £32 7s 6d futures £31 15s Zinc at spot £34 10s futures £39 10s 8d
MENTIONED IN THIS ARTICLE
London Metals
The
Associated Press
London
Lead Price Cut by AMR In New York Market
Bar silver and Mexican dollars listed for New York and London trading. Lead price reduced by American Smelting and Refining from 8.60 to 8.25 cents per pound. Money market notes show easy call money, 4 percent, with various loan terms and prime commercial paper at 4 percent.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
American Smelting and Refining Company
Foreign exchange steady in New York markets
Foreign exchanges steadied in New York on April 7 with pennies quoted. Great Britain demand and cables were at 4.78, 60 day bills on banks 4.74. France demand 5.13 and cables 14. Italy demand and cables 4.09.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Great Britain
France
Italy
Livestock Prices and Receipts Report Chicago Trade
Chicago livestock market summary shows hogs receipts 24000 with mixed demand led by 150 to 225 pound hogs at 13.20 to 13.40 and 225 to 300 pound hogs at 13.15 to 13.30. Cattle receipts 10000 with yearlings steady and heavies uneven. best yearlings 11.75, heavies 11.40, bulk steers 9.10 to 10.75, cows 5.25 to 7.50, veal calves around 9 to packers, limited outsides up to 12.50. Sheep receipts 13000 fat lambs mostly steady 82 to 88 pounds at 15.60 to 16.10, best around 16.50, 69 pound natives at 18, ewes 9.25 to 9.50, shorn 8, desirable lambs 15.
MENTIONED IN THIS ARTICLE
Atchison Wee Ree
llis-Chalmers Coro
American R & ‘Foundry
Enee
American International Corporation
Eee Eee Ener . Fee
Seeteseses Bros
Ameessen Agriculture
Leago Northwestern
Butte & Mae
Tener Eee
Butte Copper & Wmds
Canadian Pacific Railway
Cerro de Pasco
Milwaukee & St
Paul
Rocky Island
Galiternia Roeraietn
Entral Sane
Continental ‘Motors
Orado Fuel
Chandler Motors
Davison Chemical
General Electric
Kansas City
Issours
Kansas
Texas
New
Hudson Motors
Missouri
Maxwell Motors
Mexican Seaboard
Montana
Montgomery
New Haven
Norfolk
Nevada
Eeeas
Southern Pacific See
Southern Panier
Sinclair Steer Ee
Trom
Texas Pacific &. & A. E
Acs
SRR Eee
Exas Gulf Sur
United States Rubber
Ted Mates Steel Peree Et
Crvesceses Frpp
Utah
Shearer
Omaha Livestock Prices Prompt Mixed Market Report
Omaha Neb April 7 hogs receipts 9000 slow lower 200 to 300 pound butchers 12.80 to 13 top 13 packing sows mostly 12 to 12.25 feeder pigs 10.50 to 11.25 bulk 12.60 to 12.90. Cattle receipts 8000 fed steers yearlings slow early sales mostly 9 to 10.75 part load yearlings 11 stock active steady bulk butcher cows 5.50 to 8.75 heifers 7.75 to 9.50 canners around 2.75 bulls 4 to 4.65 veal top 9. Sheep receipts 6500 lambs strong 25c higher bulk wool lambs 15.40 to 15.75 top 16 heavy red clipped lambs 11 sheep steady to 9.25 feeders 15.25 for 70 pound lambs.
MENTIONED IN THIS ARTICLE
Omaha
The
Associated Press
Neb
Los Angeles
Sioux City Cattle Market Report April 7
Sioux City Iowa cattle sales report shows 2,000 head with active bidding. Killers and stockers strong, fat steers and yearlings priced from $8.12 to $10.50, fat cows and heifers $5.50 to $10.50, canners $2.50 to $4.25, veals $5 to $9, bulls $4.25 to $7, feeders $6 to $7.50, stockers and yearlings $5 to $7.75, feeding cows and heifers $3 to $5.50.
MENTIONED IN THIS ARTICLE
Sioux City
Associated Press
Iowa
Cattle and Hog Receipts bear on Minnesota market notes
ST PAUL Minn April 7 cattle receipts 4500 bidding 15 25c lower on fat steers yearlings steer run fat stockers and cutters steady canners dull stockers 5 50 7 Calves receipts 4000 steady to 25c lower top sorts 8 75 9 75 hogs receipts 9500 mostly 10
MENTIONED IN THIS ARTICLE
ST. Paul
The
Associated Press
South ST Paul
Minn
Market Report on Hogs Sheep and Lamb Prices
Monday market notes hogs weighing up from 140 pounds ranged around 12.75 to 12.90 with some light lights at 12.50. Packing sows mostly 11.25 and pigs largely 12.25 while average cost stood at 12.87. Sheep and lambs steady to strong with best ve lambs 15.25 to 15.50 and a double choice 80 pound fed lambs at 15.85. Fat hogs mostly 7.9 with native spring lambs at 18 and small lots to city butchers at 22.
Denver Sale Receipts Show Mixed Weights and Prices
Hogs receipts 2,400 with top 13.10 for two loads. 270 to 280 lb averages. cattle receipts 900 with heavies at 10.25. calves 100, steady. Sheep receipts 6,800 with fatus higher. lambs about 15.25 to 17.50 for light weights. heifers and stockers vary, buyers holding values around 7.50 to 12.00 depending on weight and class.
Cattle and hogs Hold Steady in Los Angeles Market Report
Los Angeles market reports show cattle receipts at 300 and hogs at 200 with uneven early sales. Northern steers top around 9.35 per cwt for 923 to 1131 pounds, calves active near 12.50 for milk calves, hogs mainly 13.50 to 14.50 for smaller pigs and trucks, with lambs up to 13.25.
Portland cattle and calves steady with no receipts
Portland Oregon April 7 cattle and calves nominally steady with no receipts. Hog prices steady with a 25 cent decline late yesterday. Heavy weight through light weight ranges given for good and choice quality. Sheep and lambs nominally steady with receipts around 260 mostly spring lambs under contract.
MENTIONED IN THIS ARTICLE
Portland
The
Associated Press
Ore
Seattle hog market steady at stock yards report
Seattle April 1 at Seattle Union Stock Yards receipts 1100 hogs market steady report notes steady demand and stable prices for hogs traded today despite mixed regional activity.
MENTIONED IN THIS ARTICLE
Seattle Union Stock Yards
Seattle
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Arro Oil & Refining
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Butte Mont
Charles J. Kelly
Soaid
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Preaiéent
James T. Finlen
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J. L. Teal
J. J. Burke
Serui
Ren
Andrew J. Davis
E Stephenson
George A. Bill
Andrew J. Davis Jr
W. J. Forsythe
Cocoe
Vic
D. Ross
CLARE
W. A. Clark & Bro
RANK
Alex J. Johnston
Heslet
J. Barker
Denver
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