Markets, Mining and Financial News: Wheat Gainsin Chicago
The wheat market rose modestly in Chicago trading as traders expected a bullish government crop report. Prices firmed for both September and December, with corn and oats steadying on wheat strength. Exports remained slow though domestic demand supported higher wheat premiums. Illinois and Southwest farmers withholding wheat helped lift futures, while Canadian rust limited gains. Minneapolis cash grains showed mixed values with No. 1 northern wheat at 1.08 to 1.12 dollars and September at 1.06.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Illinois
Southwest
Canada
United States
Liverpool
Minneapolis
The
Market Bulls Rise on Oversold Tech, Skewed by Earnings
Quietly strong trading in New York shows renewed confidence as short interests supply bids and small investors flood in on seasoned dividend plays. Otis Steel, Maxwell Motors, Mack Truck, American Can and Jones Brothers Tea report earnings boosting sentiment, while leather stocks slip on soft results. European tensions weigh on exchange rates as demand sterling slips, and oil shares gain on strong gasoline demand.
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Associated Press
New York
Otis Steel Company
Maxwell Motors Corporation
Mack Truck, Inc
Jones Brothers Tea
American Locomotive
Baldwin
U. S. Steel
American Car and Foundry
Northwestern
St. Paul
Great Northern
Northern Pacific
Union Pacific
Chicago & Northwestern
Germany
Dresden
Lauzier-Wolcott Co
Stock Exchange
Washington
Erie
California Petroleum
Butter and Eggs Prices Across Markets
New York butter steady with fresh gathered extra firsts at 31 22c, firsts 28 30c, seconds 25 27c, Pacific coast whites extras 41 42c. Cheese firm at 24 25c for state whole milk flats, 23 24c for average run. Chicago butter lower, creamery extras 42c, standards 41c, extra firsts 49 4c, firsts 38 3c, seconds 36 37c. Eyes receipts 22 991 cases.
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New York
Tausler Wolcott Co
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Butte & Western
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Cresson
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Hollinger O
Kerr Lake
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Algomah
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NEW York Stock Exchange
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Enone
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North Lake O
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Cons
Ee Enee
Old
American Sumatra Corporee Weeree
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Ter Eree
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Mont
Butte Refining
Nevada
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N. Ww. Pete
Penneyvania
Northwestern
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Wyo
Great West
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Tee
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Montaca Peewee
Kk. T. Williams
Associated Press
Pacific Coast
Sugar prices and futures steady in New York
New York Aug 7 refined sugar prices held firm with demand light. Quotes ranged from 7.90c to 8.03c for fine granulated sugar. Futures closed steady with roughly 16,000 tons traded: Sept 4.42c, Dec 3.99c, Mar 3.37c, May 3.44c.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Commodity Price Report From London Markets
London market notes show standard copper at 66 pounds futures 665 pounds 128 pence 64. electrolytic tin spot 71 pounds 58 pence futures 71 pounds 156 pence. Tin spot 181 pounds 17 shillings 6 pence futures 182 pounds 11 shillings 6 pence. Iron spot 24 pounds futures 23 pounds 15 shillings. Zinc spot 31 pounds 8 shillings futures 30 pounds 15 shillings.
MENTIONED IN THIS ARTICLE
The
Associated Press
London
Metal Market Report From Aggodates Press
Copper prices ease with spot and nearby quoted at 6.70 to 6.80 cents per pound. Iron prices steady with little change, delivery spot noted at East St. Louis. Futures and nearby bids show muted activity as market watchers track futures and spot movements.
MENTIONED IN THIS ARTICLE
Aggodates Press
New
Anal
Ant Tim
Eine
East St. Louis
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W. A. Clark & Bro
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Heslet
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