Higher Wheat Values Lift Markets Amid Rain and Trade Hope
Dry weather in Argentina and Liverpool market firmness pushed wheat higher in Chicago trading on Aug 29. Sept and Dec futures rose while corn and oats slipped. later Canadian forecasts of cold weather sparked renewed buying and reports of Russian crop failures supported gains.
MENTIONED IN THIS ARTICLE
Argentina
Liverpool
Associated Press
Chicago
Argentine
Winnipeg
Buenos Aires
England
Canadian Northwest
Vladivostok
Russia
New York Stocks Rally After Reichstag Action on Dawes Plan
Short covering spurred by Germany approving Dawes plan legislation lifted prices modestly on the New York Stock Exchange. Industrial shares led gains with United States Steel Baldwin American Can Marine, while Pan-American fell on dismal semiannual earnings. Copper, shipping and rail stocks rallied as foreign news boosted sentiment and money conditions remained easy.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Reichstag
United States Steel Common
Baldwin
American Can
Marine Preferred
Germany
Financial
Federal Reserve
Associated Dry Goods
Maxwell Motor
North American Company
Cushman's Bakery
Union Bag and Paper
Tidewater
Frisco
Pittsburg
West Virginia
Nickel Plate
Northern Pacific
Rutland
Pere Marquette
Potato Market Sluggish in Chicago Trade
Potatoes trading very slow in Chicago with receipts totaling 66 cars and nationwide shipments at 614. Kansas sacked Irish Cobbler prices ranged from 1.15 to 1.25 dollars, Missouri from 1.15, Minnesota Early Ohio sacked at 0.90 to 1.15 dollars, Nebraska Early Ohio at 1.15, New Jersey sacked Irish Cobbler at 1.75 to 1.85.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States
Kansas
Missouri
Minnesota
Nebraska
New Jersey
Sugar Prices Hold Steady Amid Market Inquiry
New York August 29 refined sugar unchanged at 8.90c to 7.10c for fine granulated amid ongoing inquiry. Sugar futures closed steady with 14,500 tons sold. September at 0.80c, December 3.77c, January 6c, March 3.36c.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Flax futures close with mixed gains and declines
In Duluth on August 29, flax futures show small shifts with August contracts at 2.33 and October 2.26. December and Ber contracts sit around 2.22 to 2.28, reflecting cautious trading and slight price movement.
MENTIONED IN THIS ARTICLE
Duluth
The
Associated Press
Flour and Bran Market Update Report
Flour prices rose about 10 cents to 7.40 per barrel in New York practice with higher costs recorded across grain markets. The Associated Press notes continued demand and supply pressures shaping the day’s trading.
MENTIONED IN THIS ARTICLE
Associated Press
Eapolis
Foreign Exchange
The
New York
Great Britain
Bar Silver Prices Reported In New York Market
Bar silver in Modican dollars stands at 52 1 2 cents per ounce as of August 29. The market notes a 4 percent yield on the latest bar, with a reported rate change and price movements in the York market.
Market 16 Passing Through Transition Period
Market overview notes a two week shift from general to specific business developments. Oil stocks tilt toward substantial issues while production gains dampen. Dawes plan Europe news boosts copper and grain moves amid Russia grain demand signals.
MENTIONED IN THIS ARTICLE
Laugier
Cuba
Europe
Germany
Wall Street
Canadian Pacific
St. Paul
London Metal Prices Report
Standard copper apot and futures quoted at 635 pounds 5s and 64 2s 64. Electrolytic copper 67 pounds 108 shillings futures. Tin spot 254 pounds 28 6d futures 255 pounds 7. Lead spot 32 pounds 12s 6d futures 32 pounds 6s 4d. Zinc spot 33 5s futures 32 pounds 17s 0d.
MENTIONED IN THIS ARTICLE
London
The
Associated Press
Demand for wool steady as markets show rising prices
The Commercial Bulletin reports fair but steady demand from mills with reduced volume. Prices remain strong and gradually rise. Western wools hold firm near eastern levels. Foreign markets are strong. Bradford top markets mark up quotations. Mohair remains dull with steady prices.
MENTIONED IN THIS ARTICLE
Commercial Bulletin
Associated Press
Boston
Gooda
Bradford
Livestock Prices Sharp in Chicago Trade
Hogs receipts 18 000 trade active at desirable grades up 10 to 16 cents with top at 10.10. Cattle receipts 2 000 mix of steers heifers and cows steady to higher with best steers 6.50 to 9.25, veal calves 12.50 to 13.50. Sheep receipts 12 000 fat lambs stronger to 25 cents higher with top around 14.00 and best natives 13.00 to 13.50.
Hog receipts rise as weights average higher in Denver cattle market
Denver Aug 29 U S Department of Agriculture reports hog receipts 200 with prices up about 10c. Top bid 9.80 for good to choice 215 lb hogs while others bring 9.60 to 9.75. Packing sows steady at 7.50.
MENTIONED IN THIS ARTICLE
Denver
U. 8 Department of Agriculture
Cattle and hog market rounds up at St Paul stockyards
United States Department of Agriculture reports Aug 29 receipts at St Paul stockyards. Cattle 700 with grassers and feeders slow, calves steady with best light stock to packers around 11. Hogs 2700 with top at 9.25 and bulk 9.65 9.75 for 160 to 180 pounds. Sheep 800 with fat lambs 25 cents higher, top 12.75 for better natives.
MENTIONED IN THIS ARTICLE
Wyoming
Idaho
ST. Paul
United States Dept. of Agriculture
South ST. Paul
Portland
Los Angeles
Livestock market roundup from Portland Spokane and Los Angeles
cattle and hogs largely steady across markets with receipts in hundreds. Portland reports cattle and calves steady and sheep steady, Spokane shows hogs down modestly while cattle and sheep hold. Los Angeles notes mixed movement with cattle slow to weak and hogs fully steady.
Money rates steady with mixed collateral in New York
New York money market reports call money steady at two percent with high and low at two percent and last loan at two percent. Time loans firm with mixed collateral for 60 to 90 days at two percent and 3 to 4 months at three and eight tenths percent. Prime commercial paper around three percent.
MENTIONED IN THIS ARTICLE
NEW York Money
New York
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Laugier, Wolcott & Co
Ameri Hide & Leather
Ameri
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Eee Eee Eee
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Eee
Ee Eee
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First National Bank OF
Andrew J. Davis
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Ww. A. Clarke
J. Ross Clark
A. Clark & Bro
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J. K. Heslet
E. J. Barker
Bute
Charles J. Kelly
James E. Woodard
James T. Finlen
R. W. Place
J. L. Teal
J. J. Burke
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