Wheat climbs to highest level in months on strong demand
Wheat markets surged to the top figures in December trading with Liverpool demand and crop concerns in Argentina and Australia driving a seven cent rise. May and December futures hit new season highs as exports and European supply expectations boosted buying while corn and oats also gained. Cash quotes listed for wheat, corn, oats and other commodities echoed the upturn amid steady hog values.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Liverpool
Argentina
Australia
Cate
Europe
North America
Poland
Omaha
Minneapolis
New York Stock Market Advances on Bullish Tone Amid High Volume
Stocks push higher as London rate fears ease and bankers assure no immediate NY changes. US Steel, Dupont, GE, American Sugar gain two to eight points. General Motors and peers rally while Murray Body drops on news of a temporary receiver. Wheat futures rise, bar silver quoted, and rails see muted action. call money steady at 5 percent.
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New York
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Melton
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Call Money
Duluth Flax Prices for December to May
The Associated Press reports close flax prices in Duluth with December at 2.58 and January 2.60, February 2.62, and May 2.64 dollars per bushel.
MENTIONED IN THIS ARTICLE
Duluth
Associated Press
Sugar futures steady as new NYC buying dips
New buying of refined sugar was less active though withdrawals on old orders were fairly liberal. Prices stood at 5,500 for fine granulated. Futures closed steady with about 78,000 tons sold. Declared prices: December 2.350, January 2.40, March 2.46, May 2.58, July 2.66 cents.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Potato Market Slows With Weak Trade Across U S
Chicago December 3 Potatoes trading very slow and market weak with total U S shipments 339 cars Canadian 22 cars Wisconsin Minnesota Round White best at 3 50 to 4 65 ordinary to poor 2 75 to 3 25 sacked at 3 3 45 acclene by eer and condition Receipts 6
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States
Wisconsin-Minnesota
Russell
Eer
Selling Caused by Rate Increase In New York Market
New York reports the advance of the English bank rate foreshadowing a higher New York discount rate after a board meeting. Mellon’s statement that no change is expected and that speculation isn’t dangerous sparked a late morning upturn. Oil and rails rose, copper neared 14 cents, and carloadings surpassed a million, with overall reports seen as encouraging.
MENTIONED IN THIS ARTICLE
Logan & Bryan
New York
Mellon
London
Closing Bid Movements in Mercantile Paper Loans
The report notes a closing bid at 5 percent with the last loan 5 percent. Call loans against acceptance quoted at 4 percent, time loans steady. Mixed collateral acceptable up to 90 days, with 4 percent for 4 to months in prime mercantile paper.
Grain Market Gains Ground on Strong Export Demand
Chicago December report shows immense buying pushing grain to new seasonal highs. Liverpool strength, Argentine crop woes, and bullish sentiment drive gains in wheat and correlated grains. Outside trade and local professional buying bolster the market. corn and oats rise as shorts cover and spot demand increases. December liquidation subsides.
MENTIONED IN THIS ARTICLE
Logan & Bryan
Chicago
Liverpool
Seaboard
Winniper
American Northwest
Metal Market roundup from New York
Copper quiet on spot and futures at 14 cents. Tin steady to easy with spot 63.00 cents and futures 62.25. Iron steady with no change. Lead steady at 9.50 cents. Zinc steady in East St Louis at 8.55 to 8.60 with futures 8.40 to 8.50. Antimony spot 20 cents.
MENTIONED IN THIS ARTICLE
Associated Preas
New York
East St. Louis
London Metals Prices and Futures for December
London market report shows standard copper spot at £59 7s 6d and futures at £60 7s 6d electrolytic copper spot £65 108, futures £66. Tin spot £84 7s 6d, futures £279 17s 6d. Lead spot £35 2s 6d, futures £34 12s 6d. Zinc spot £38 7s 6d, futures £37 7s 6d.
MENTIONED IN THIS ARTICLE
London Metals
London
Market Report from Swestock Chicago Hogs Cattle and Sheep
Swestock Chicago reports hog receipts near 32 000 with prices 11.30 to 11.60 for 140 to 150 pound range, 11.20 to 11.35 for 240 to 300 pound, sows 9.60 to 10.10, packing pigs 11.75 to 12. Cattle receipts around 11 000 with fed steers 12.35, bulk fat steers 9.50 to 11.75, hogs and sheep firm. sheep receipts 10 000 with fat lambs 16.25 to 16.50, best fat lambs above 16.75, yearling wethers 12.75 to 14, fat sheep 9.50 to 11.75, and choice feeding lambs at 16.50.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
St Paul Livestock Market Report Dec 3 Cattle Hogs and Sheep
Cattle receipts 5 500 with mid quality and prices around 8 75 for early loaded fed weights. Bulk steers and yearlings 6 50 to 8, cows 4 25 to 5 75, heifers 4 75 to 7, feeders active with some 8s for best stockers. Calves 9 50 to 9 75 with some 10. Hogs receipts 24 000 with average 10 56, bids 10 80 to 10 90, sows 9 75, pigs 11 85 to 12. Sheep receipts 2 500, fat lambs and sheep steady, ewes around 6 to 8 25 depending on weight.
MENTIONED IN THIS ARTICLE
ST. Paul
Associated Press
South ST. Paul
Minn
Sioux City cattle market active on Dec 3
Sioux City reports 3000 cattle receipts with buyers steady to strong for killers and steady for stockers. Fat steers and yearlings range 6.13 to 7.50 9.50, cows and heifers 5.10 to 10.50, grass cattle 4 to 7, veals 4 to 10, bulls 3.75 to 5.25, feeders 6 to 8.50, stockers 5.50 to 8, stocker yearlings and calves 5 to 8, feeding cows and heifers 3.25 to 6.40.
MENTIONED IN THIS ARTICLE
Sioux City
The
Associated Press
Omaha Hog and Cattle Prices Show Mixed Movement
Omaha reports 8500 hogs with prices up to 11.05 for 140 to 280 pound packers, and sows at 10.25 to 10.50. Cattle receipts around 5000 with fed steers and yearlings steady to firm, veals steady, bulls and calves showing strength, stockers scarce at firm to higher values.
Meat market prices and cattle figures
Butcher cows bring $4.50 to $5.65 with some up to $5. Practical veal tops at $9.50 to $10. Heavy calves $6.50 to $7.25. Sheep receipts 8,500. lambs weaker by about 15 cents. Bulk wool lambs $16 to $16.15. fed clipped lambs $14.40. best yearlings up to $13.25. one top $8.40. feeders steady.
Market Report Denver Hogs Cattle and Sheep Prices Turn Active
Denver December 3 hog receipts 2,400 opened slow but closed active with strong demand and top lights at 11.25. Cattle receipts 2,800 with calves 1,900. dealers strong, top at 10.50, cows 5.25 to 6.25, heifers 6.00 to 6.35, choicest beef steers 8.65, stockers 7.25 to 8.45, feeders 4.40. Sheep receipts 3,700, lambs steady with fed westerns at 15.40, shearing lambs 15.15, fat lambs 8.65 to 8.75.
MENTIONED IN THIS ARTICLE
The
Associated Press
Denver
Cattle and Hog Prices Reported in Los Angeles Market
Los Angeles cattle receipts 200 with 100 holdovers. offerings mainly stock cattle, steady to strong. Medium steers 7.75 to 8.50, fat cows 4.55 to 5, good heavy heifers 6.50, canners 2.25 to 3.75, bulls 4 to 4.65, calves around 8 to 9, southwesterns 8, milk cows about 9. Hogs receipts 500 with gains 15 to 20 cents. top 13.10 for two loads, 196 to 228 pounds 12.75 to 12.85, no packing sows. Sheep receipts none. lambs 14 to 15, ewes 5.50.
MENTIONED IN THIS ARTICLE
Los Angeles
The
Associated Press
Cal
Portland Market Report Cattle Hogs and Sheep
Portland Ore December 3 cattle receipts 175 opening steady with two loads good heifers at 6.75 and one load carners at 2.75, remainder unsold early. Hog receipts 170 all on contract and nominally steady. Sheep receipts none.
MENTIONED IN THIS ARTICLE
Portland
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