Wheat Market Jolted By Unseen Visible Supply Gain
The wheat market faced a jolt as the U S visible supply jumped above 100 million bushels, despite earlier high prices. December and May futures fluctuated with mixed declines and gains while corn and oats stayed nearly steady. strong deliveries and frost reports in Argentina influenced prices. Minneapolis cash wheat prices varied by grade and delivery, and butter eggs cheese and sugar markets tracked with mixed moves in New York and Chicago trading floors.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States
Argentina
New York
Profit Taking Dampens New York Stocks In Late Trade
Heavy profit taking before the close checked the market on its fifth straight week with mixed news. Gains led by motors and steel were offset by losses in United States Steel and other majors as rail and oil stocks fluctuated. Foreign exchange remained firm and grain supplies shifted with wheat up and oats down.
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Associated Press
New York
California
Stromberg
United States Steel Common
Baldwin
United States Cast Iron Pipe
American Locomotive
American Sugar Refining
Anaconda Copper
Bethlehem Steel
Canadian Pacific
Rock Island
Consolidated Gas
General Motors
Mack Trucks
Marland Oil
Seaboard Air Line Preferred
Standard Oil of California
Stromberg Carburetor
Texas Gulf Sulphur
Baltimore and Ohio
Atchison
Union Pacific
Frisco
Katy
Southern Railway
American Water Works
Iron Products
United States Realty Common
H. R. Mallinson
Marine Common
Preferred
Famous Players Common
Kennecott Copper and Simmons Company
Market News Highlights Strong Volume and Dividend Bets
Tremendous trading volume marks early market activity with Southern Pacific leading rail bets and gains in Frisco Chicago Rock Island and Western Pacific. Baltimore and Ohio shows strength on dividend expectations while Kansas City Southern signals a possible 4.50 annual common dividend next year and Cuba Cane Sugar reports a 12 percent rise in raw sugar production.
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Lauzier
Wolcott & Co
Southern Pacific
Frisco
Chicago
Rock Island
Western Pacific
American Can
General Electric
Baltimore
Ohio
Kansas City
Carnnes
W. E. Ogilvie
Cuba Cane Sugar Corporation
Foreign exchange firm. New York call money steady
On December 1 in New York foreign exchange quotes were firm with British and European currencies showing little change. Call money remained firm at 3 percent with last loans at 3 percent and acceptance loans at 2 percent, while longer time loans rose modestly.
MENTIONED IN THIS ARTICLE
Call Money
The
Associated Press
New York
Bar Silver and Money Rates Reported in New York and London
BAR SILVER. NEW YORK, Dec. 1. Bar silver 69 ½ cents. Mexican dollars 53 ½ cents. LONDON, Dec. 1. Bar silver 33 ½ pence per ounce. Money 2 ½ percent.
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The
Associated Press
New York
London
Swestock Chicago Hog and Cattle Market Report
Hogs receipts 93,000 active and mostly firm with top at 9.60 and bulk 225 to 325 pounds 9.30 to 9.55. Cattle 32,000 traded uneven with better demand for yearlings and beef heifers and top around 13.75. Sheep receipts 22,000 active fat lambs 25 cents higher with top about 15.25 and feeders around 14.50 to 15.
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Chicago
Associated Press
U. S. Department of Agriculture
Cattle and Hogs See Mixed Gains at Kansas City Market
Cattle receipts total 23 000 with calves 4 000 and hog receipts 9 000 while sheep receipts reach 6 500. Cattle steer values generally steady with top yearlings near 9 90, beef cows steady, veals up to 9 0. Hogs rise 10 to 25 cents with packer top at 8 90 and most sales 8 50 to 8 95. Lambs advance up to 25 cents with natives around 14 45 and clippers 11 60 to 12 15.
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The
Associated Press
U. S&s Department of Agriculture
Cattle Hog and Sheep Receipts Steady in St Paul Market
Department of Agriculture report from St Paul shows cattle receipts about 6300 with steady to uneven bids. grass steers and Montana weighty lots top around $8.50, bulk $5.00 to $6.50. Hog receipts near 30000 with prices about $6.50 to $8.60, some lighter weights lower. Sheep receipts 5500 with fat lambs up to $14.25 and natives and Dakotas around $13.25, heavies $10.50 to $12, wethers $9, feeding lambs not offered.
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ST. Paul
Associated Press
U. S. Department of Agriculture
South ST. Paul
Montana
Omaha Market Report Hogs Cattle Sheep Prices
Omaha stockyards receipts for hogs 13 500 with varying weights and prices from 7.00 to 9.20 per cwt and cattle 10 000 with yearlings and cows showing gains. veal and stockers firm. Sheep receipts 6 00 with lambs and yearlings up to around 14 50 and muttons bidding to 9.00.
Denver Livestock Market Report Shows Mixed Movements
Hogs receipts total 1900 with steady to 10c higher trading up to 9.20 for top lots and pigs at 7.50 to 7.15 for sows. Cattle receipts 8600 including fat cattle and calves with quality improved. feeders 10c to 15c higher and killing calves strong. 1075 pound steers around 7.25.
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Denver
The
Associated Press
U. S. Department of Agriculture
Market Report: Live Stock Prices From Early Sales
Best load of heifers $7.50 with other early sales at $4.50 to $5.25. Fat cows $4.35 to $4.60, canners and cutters $2 to $3. Few choice dealers at $8 to $8.50. Several loads feeders $6 to $6.90, early top $7, few cows $3.15. Sheep receipts 3,850 with no fat lambs offered. one load of 117 pound fat ewes at $7.75. no feeder lambs sold early.
Los Angeles Livestock Market Report Hits Varied Receipts
Cattle receipts about 800 with early steers up 25 cents, fat cows 3.50 to 4.75, calves 4.50 to 5.75. hogs 1,200 with top 9.50 for desirable weights and sows around 8.25. sheep 800 with July shorn lambs at 13 and wethers from 5.50 to 7 with lots of out cattle.
MENTIONED IN THIS ARTICLE
Los Angeles
The
Associated Press
U. S. Department of Agriculture
Spokane and Portland Live Stock Prices Dec 1 Market Report
Cattle receipts 264 in Spokane with steady market. steers 6.75 to 7.25 for prime, cows 5 to 5.75, veal calves 5 to 7.5, stockers 4 to 5. Hogs receipts 882. good to choice 8.75 to 9, heavies 7.75 to 8. Sheep steady. prime lambs 10 to 11. Portland report shows cattle and calves firm to higher. steers 7.5 to 8.1, heifers to 8.5, cows 5 to 5.5, calves 11.9, lambs 6 to 8.75, hogs 7.5 to 9.60 depending on weight and class.
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Spokane
The
Associated Press
Wuch
Portland
U. 8 Department of Agriculture
Ore
Potatoes Mixed as Market Sees Slow Early Trade
Chicago December 1 Potatoes open slow with a steady overall tone. Receipts total 77 cars from U S ships Saturday 628 Sunday 42. Minnesota and Wisconsin sacked round whites show some decay and frost with prices 80 to 90 cents. poor stock about 70 cents. Minnesota sacked Red River Ohies few sales at 1.15 and 1.25. Idaho sacked Russell at 1.75 to 2. South Africa profits lure English actors as companies tour there.
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Associated Press
Chicago
U. S
Minnesota
Wisconsin
Red River Ohies
Idaho
Russell
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