Material setback in wheat prices signals market weakness
Wheat fell amid slack demand with December and May contracts sliding while corn and oats fluctuated. Traders noted influence from farm relief bills, potential export measures, and strong December deliveries. Minneapolis flour inquiry and tight rural supplies provided mixed pressure. Butter and eggs markets in New York and Chicago showed firm to higher quotes amid varied receipts.
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Associated Press
Chicago
Washington
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Kansas
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Stock market closes with moderate strength on gains across sectors
New York stock prices firmed in active trading as large sales faded. General Electric led with an 8 percent rise while New York Central climbed to a year high near 106 percent, lifting rails and autos amid optimistic business signals and a Coolidge congressional address.
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New York
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Coolidge
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Commission Houses
Eaton Axie and
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Studebaker
Time Money
Market Edges Higher After President's Message Signals Profit
The market touched firmer levels amid profit taking first hour and strong closing. oil stocks fell on API output figures while Powell field output dropped. GE and Tobacco Products showed strength as investors priced in copper demand from New Deal energy programs. Pacific Gas and Electric may raise dividend and Willys-Overland posted $3.78 million quarterly profit. Chandler Motor declared $1.50 dividend. Tintic Standard announced 25 percent and 15 cent dividends with Dec and Jan pay dates.
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Tintic Standard
Hog and cattle markets report from Chicago livestock offices
Live stock receipts reach 55 000 hogs with prices steady to strong for light to midweights and top hogs at 7 15. Cattle receipts around 5 000 with active demand and higher spots. Prices show broad ranges across weight classes and sources. Total stock sales reach 1 202 700. bond sales total 10 325 000.
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Lauzier-Wolcott Company
Sugar prices ease as refined quotes fall in New York
In New York on December 7 refined sugar markets show softer tone with one refiner at $9.05 and others at $9.15, demand unchanged. Refined futures listed as nominal. Sugar futures closed irregular with about 16,000 tons traded and futures at January 4.64, March 4.64, May 4.73, and July 4.81.
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Associated Press
New York
Potatoes Steady as Receipts Rise in U S Market
Potatoes remain steady in Chicago market with 53 carloads received and 493 total shipments nationwide. Wisconsin sacked round whites No 1 traded 1 10 to 1 40 per bushel, Idaho sacked Russets No 1 1 86 to 1 90, No 2 1 26. Minnesota and North Dakota sacked round whites No 1 partly graded 9 to 1 00.
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Associated Press
Chicago
United States
Wisconsin
Idaho
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Flour and Bran Market Update From Minneapolis
Flour shipments steady at 52 770 barrels while bran prices hold at 26 27 per unit in Minneapolis market report from July 7. Exact units and context indicate standard commodity pricing for flour and bran in the local trade.
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Associated Press
Minneapolis
New York Money Market Report Shows Rates Mixed
Call money firm at 5 percent with a 4 to 4 1 2 percent range for intraday lending. Closing bids and last loans sit around 5 percent while 60 to 90 day lime loans quote near 5 percent and prime commercial paper remains around the same level.
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New York
Call Money
Market Summary From St Paul and Hoyts Cattle Receipts
Cattle receipts at St Paul 2 000 with opening steady. Beef steers to 7.50. short fed yearlings and cows mixed. Hoyts receipts 18 500 show steady to about 110 lower with best light weights 6.40 to 6.25. sows 5.75 6.85. pigs 5.75 6.
Omaha Live Stock Market Prices Pass Along Declines and Steady Bulk
Hogs receipts reach 10,000 with prices mostly steady to lower. Cattle receipts about 2,500 with bids mostly steady to uneven. Bulk fat cattle mostly 7.90 to 9.25, stockers 5.50 to 7.25. Sheep receipts 6,000 with wooled lambs steady to strong and feeders scarce.
Kansas City cattle and hog market summary
Cattle receipts 1,000 with calves 300. killing classes steady. Beef steers 7.25 to 8.60, beef cows 3.56 to 5.25, fed heifers 7.16 to 8, veals up to 9. Stockers 6 to 7. Hogs receipts 12,000. very slow but mostly steady. Top 6.85, packer top 6.80, 6.30 bulk. 250–300 lb 6.70 to 6.80, 170–210 lb 6.40 to 6.65, 130–160 lb 5.90 to 6.35, sows 6.15 to 6.35, stock pigs 5 to 5.35. Sheep receipts 500. no choice offered. wooled grassers steady. fat clipped lambs noted.
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Associated Press
United States Department of Agriculture
Chicago
Omaha
Kansas City
Denver
Denver Livestock Markets Report Mixed Receipts and Steady Prices
Denver report shows hog receipts 5,765 with prices steady to down 10 cents. mid range 175 to 200 pounds mostly 6.50 to 6.65, sows 6.25 to 5.50, pigs 5.60. Cattle receipts 2,300 with feeders up 15 cents, heifers 6.0 to 6.25, cows 4.50 to 5.50, some higher. Los Angeles market notes slow steers, top 8.60, calves up to 4.50 to 5.00, overall strength in calves.
Market Snapshot: Grain and Livestock Receipts Trimmed
The report shows higher top quotes for Arizona fruit and steady early hog prices with supplies around 1 000 head and moderate demand. Medium to good loads of Arizonas commanded about 9 and 8 35 dollars per load. hogs offered 8 25 to 8 16 for 170 pound butchers. Sheep receipts were negligible with nominal activity.
Cattle and hog market steady with light receipts reported
Portland market notes show cattle and hogs nominally steady with no receipts listed. Sheep quoted around 5.50 per head for wethers, with 48 head observed. other details unclear due to damaged text.
Spokane Market Receipts Report Dec 7
SPOKANE December 7 receipts show cattle 61 hogs 12 and no sheep. Market steady with no change in quotations.
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Spokane
Foreign exchange rates and metal market update
Foreign exchanges show weak quotations with numerous currency demands and cables listed for Great Britain France Italy and others. In New York copper tin iron lead zinc antimony futures and spot prices are given with slight movements and steadiness in metal markets.
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London Metals and Bar Silver Rates Report
London metals prices for Dec 1 show copper spot £62 156 and futures £63 7s 6d, tin £238 12s 6d spot and £239 futures, lead £30 12s 6d spot and £28 17s 6d futures, zinc £32 108 spot and £32 16s futures. Bar silver in New York 64 2 1/2d per ounce on Dec 1, with London bar silver at 331-16d. money rate 1½ percent.
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London
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