Markets Rise On Wheat Prices Amid World Supply Drop
Wheat prices jumped after reports of weak domestic winter wheat and a 2,141,000 bushel drop in US visible supply, with May delivery rallying to 8 1/2 cents and July futures up. Traders cited lower world shipments, big May tenders, and cautious crop outlook. millers sought No. 2 winter wheat as cash demand strengthened and speculators chased prices higher.
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New York Stocks Open Irregular on Market News
New York stock prices opened irregular and turned reactionary after a sharp motor shares break and selling pressure on St Paul Chicago and Alton. Maxwell Motors fell from 86 1/2 to 81 while large blocks traded, Mack Trucks slipped, Pierce Arrow paid off 500000 in bank loans and showed strong spring business, Willys Overland gained mildly, and several issues hit new lows on fears of dividends and a federal investigation into receivership.
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Street Hesitant On Trade Outlook
Wall street opened the week in a cautious mood with uncertainty over trade prospects. Sugar, copper and oil shares led the hesitancy as prices fluctuated and insiders were seen as driving stock moves.
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York 市 Chicago Agricultural Market Summary April 20 1929
Market reports from Chicago Omaha Denver and Spokane cover hogs cattle and sheep receipts and price directions. Slaughter hogs down at several hubs while fat cattle and veal show limited action, with bids mostly steady to lower. Sheep and lamb markets weak to lower, regional spreads noted among weight classes.
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Market notes from Minneapolis and New York April 20
Minnesota sacked Red River Ohips No 1 prices at 80 90c with demand dull and steady markets. Florida double head barrels Spalding Rove No 1 stock at $6.75 7. FLOUR AND BRAN prices noted. Call money steady to high around 3 4 percent with loans against acceptances 3 percent. New York bar 66 ¾ cents Mexican dollars 51 percent. London bar silver 31 ½ cents per ounce. Money in London 3 percent.
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Red River
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Associated Press
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Taurus Oracles Predict Uneventful Triumphs On Quiet Day
Horoscope for Tuesday April 31 1925 calls it an unremarkable day with Neptune slight adversity and few favorable aspects. Travel unlikely to be easy and Atlantic cargo losses possible while moral ambiguities may surface. Strange theories on women’s short hair to be announced and political activity seen as persistent through the year. Children born under Taurus expected to have steady successful careers with determination to overcome obstacles.
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