Wheat exports from Russia ban boosts N Y wheat prices
Official notice banning Russian wheat exports until March sent U S wheat futures higher. December and May contracts rose to near top levels as Argentina and Russia signals fed demand, with corn and oats mixed and provisions varying. Minneapolis wheat and flour markets reported mixed local results, while New York stocks showed uneven, mostly downward momentum amid shifting monetary expectations.
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Rails and Oil News Shape Irregular Stock Market Tone
The day’s market moved from Industrials into rails aided by favorable oil news. Call money rose to 5 percent amid uneasy sentiment as wheat rose on favorable Argentine weather and firm Canadian markets. Export demand remains slow but speculative interest grows. rye and corn show late strength while oats dip then recover.
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Copper and metals market report from New York
Copper quiet on spot and futures with near term at 64.00c and 63.60c. Iron steady with No 1 northern at 22 23, No 2 northern 21 22, No 1 southern 21 22. Lead at 9.50. Zinc steady at East St Louis spot 83c, futures 8.60 8.75. Antimony spot 20.00 20.25.
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London metal prices on spot and futures markets
London market report shows copper spot £60 108 futures £61 10s Electrolytic £67 spot and futures 67 108 Tin spot £28 17s 64 futures £281 15s Lead spot 36 futures £35 7s 64 Zinc spot £39 futures £37 17s 6d
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Foreign Exchange Rates in New York Broadcasts
Foreign exchange quotations from New York show irregular cent values for Great Britain 4.843 16 demand and 4.849 16 on cables, 60 day bills on banks at 4.50 percent. France 3.99 demand and 4.00 cables, Italy 4.04 demand and 4.04 cables, Belgium 4.52 demand, Germany 23.80 demand.
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Livestock prices for Chicago market report
Chicago livestock trends show hogs at 11.35 to 11.55 for 140 to 210 pounds, 11.30 to 11.40 for 225 to 325 pounds, sows 10.15 to 10.40. Cattle: fed steers 8.50 to 11.50, some heavies at 11.12, heifers steady to weak, cows 10.10 to 12.50, yearlings mixed. Sheep: fat lambs 16 to 16.65, yearlings up to 13.40, fat ewes 8 to 8.50, feeding lambs scarce.
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Associated Press
Kansas City Market Report States cattle receipts and prices
Kansas City market notes show cattle receipts around 19 000 with 3 500 calves. Steers and yearlings moved slowly with gains toward higher quality. Top yearlings around 11 dollars, medium weight steers about 10.25 dollars, bulk sales near 8 to 10 dollars. Heifers and cows steady to up slightly, calves and stockers showing 15 to 25 cent increases amid active feeder demand.
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Navy
Stock Market Summary From Local Auction Yard
Choice stockers and stock cows and heifers scarce but steady. Hogs receipts 10,000, active and 10 to 20 cents lower than Saturday, top 11.25 shipped, 11.20 packer, bulk 10.90 to 11.20. 170 to 300 pound averages at 11 to 11.25. Sheep receipts 6,000 lambs generally steady, top 16.25, other fed lots 15.65 to 16.5, yearlings 12.85, fat ewes 7.80.
South St. Paul Stock Market Fires Mixed Price Moves
South St. Paul Minn Nov 390 cattle 10000 head opening slow bids lower for fed steers and stockers steady, best natives $9.50, cows $4.50-$6.25, western cows $6.50, hogs 32000 head about 25-35c lower, 140-275 lb averages $11.00-11.10, 150-180 lb up to $11.15, calves steady around $9, sheep for 7500 receipts weak for fat lambs while ewes stay steady.
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South ST. Paul
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Spokane Market Cattle Hogs and Lambs Prices Steady
Spokane Nov 30 cattle receipts 346 with prime steers 7.50 to 8, hogs 1,434 with good to choice 11.60 to 11.75, sheep 20 with prime lambs 11.35 to 11.50 and prime yearlings 7 to 8. Market steady across cattle hogs and sheep.
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