Wheat market closes firm on buying and frost fears
Active buying spurred by the Canadian crop report and firm corn values lifted wheat 2% to 2% in Chicago with futures showing gains. Reports of frost in Manitoba and cooling harvest prospects fed uncertainty, while weaker receipts in Kansas City St. Louis and Omaha pointed to shifting demand. Prices for corn oats and butter were mixed as traders watched export and weather cues.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Canada
Manitoba
Winnipeg
Kanane City
St. Louis
Omaha
Stock Market Dips Amid Profit Taking and Oil Shares Slide
New York stock action showed a reactionary trend as profit taking hit high priced specialties and oil shares. Pan American gains contrasted with declines in United States Steel, General Electric, and other majors while rumors of mid continent crude price cuts weighed on producers. Call money held at 2 percent as foreign exchanges weakened and silver markets followed.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Central
Southern Pacific
Nickel Plate
Atlantic Coast Line
Katy
Nashville
Chattanooga
St Louis
Jersey Central
Vnsa
Norfolk and Western
Chesapeake and Ohio
Delaware and Hudson
Louisville
Lackawanna
Pittsburg
West Virginia
Baldwin
United States Steel Common
American
Kennecott
Chile
Allis Chalmers
Foundation Company
Montgomery Ward
Pillman
Railway Steel Spring
United States Distributing Corporation
General Baking
General Electric
Phiton
Market Trading Slacked as Prices Weakened Across Sectors
A detailed market brief notes slackening trading after an active morning, with prices slipping though general selling failed to appear and the list firmed near close. Rail stocks react to the Nickel Plate merger terms while Pan American shows slight declines amid broader oil and grain context and weather-influenced expectations.
MENTIONED IN THIS ARTICLE
Lausier, Wolcott & Co
van Sweringens
Baltimore & Ohio
Sune
Foreign exchange and money market notes from New York
Foreign exchanges ease with quotes across multiple currencies including Great Britain and France. New York money market shows call money steady at 2 percent, prime commercial paper at 3 percent, bar silver at 52. Mexican dollars listed at 52 cents. Copper, tin, and antimony market details provided with spot and futures angles.
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Associated Press
New York
Herm
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Austria
Romania
Argentina
NEW York Money
Associated Pres
The
Aus
Livestock Receipts and Prices Mixed at Chicago Market
Chicago market notes show hog receipts around 10,000 with uneven prices and large packer bids 25 to 30 cents lower. top hogs near 10.00 to 10.10 per cwt with 160 to 240 lb averages around 9.60. Cattle receipts about 8,000 with yearlings and handy weight steers more active. top yearlings around 10.90 and mature steers near 10.85. Overall, total receipts roughly 38,000 with varied demand and weights across hogs and cattle.
MENTIONED IN THIS ARTICLE
Chicago
Welee
Late Plains Livestock Prices Mixed Across Regions
Receipts show hogs lower across markets with bids softening to around 9.25 to 9.50 per hundredweight. Cattle and calves mixed. yearlings and feeders steady to slowly advancing. Sheep and lambs active, best fat lambs peaking near 12.50, with steady demand for native and butcher grades in several zones.
MENTIONED IN THIS ARTICLE
ST. Paul
United States Dept. of Agriculture
South ST. Paul
Portand and Spokane Livestock Prices Report
PORTLAND Aug 12 Cattle and calves nominally steady receipts hogs steady no receipts sheep and lamb active unchanged. Bulls good beef yearlings excluded 3.75 to 64.50. SPOKANE Aug 13 Cattle receipts steady hog receipts 280 market steady good to choice 10.60 to 11.10 others unchanged. Sheep receipts none market steady.
MENTIONED IN THIS ARTICLE
Portland
The
Associated Press
Spokane
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United States
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Bexar County