Wheat Drops on Active Selling
Chicago early reports show optimistic Argentine export surplus estimates spurring a heavy selloff in wheat. Prices closed 2½ to 5 cents lower with December at 1.75 to 1.76 and May around 1.70 to 1.71. Corn and oats weakened. provisions varied. Buffalo shipments trimmed available December wheat and lending tied to new vessel charters. Minneapolis quotes and other markets cited mixed signals amid larger market activity.
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Flax Prices and Dairy Market Rundown
Duluth flax closing prices December 2.66, January 2.68, February 2.70, May 2.71. New York butter steady to firm with 10,751 packing stock. Eggs unsettled. various grades and regional whites and browns listed. Chicago butter higher. receipts 11,497 tubs with range from 41 to 49.5 cents per pound.
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The
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Rec
Mixed Moves In Stock Market
New York stock activity Tuesday showed a mixed day with heavy realizing and a top heavy open. The president's message sparked a sharp recovery in many issues and implied unprecedented prosperity with railroad consolidation under a commerce commission.
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Grain Market Slumps After Wheat Decline In Chicago
Chicago wheat prices fell sharply in late trading after early gains as profit taking and scattered selling dominated. Corn held a steady undertone but mirrored the wheat drop. cash demand remained stronger for corn while futures dipped. Rye rose briefly but eased back as wheat slid, with elevators buying December and selling May amid hedging shifts.
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Foreign exchange rates under 1900s New York market
In New York on December 8 the foreign exchange market showed ease with quotations in cents. Great Britain demand at 4.84 percent, cables 4.84, 60-day bills on banks 4.80. France demand 3.75, cables 3.76. Italy demand 4.02, cables 4.02. Belgium demand 4.52. Germany demand 23.80.
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Market Summary of Silver and Money Rates
New York reported bar silver at 69 1_2 cents per ounce and Mexican dollars at 53 cents. London quoted bar silver at 32 1_16 pence per ounce and money at 3 percent.
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The
Associated Press
New York
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Lead Price Cut by American Smelting and Refining
The Associated Press reports in New York that the American Smelting and Refining company reduced lead price from 9.50 to 9.25 cents per pound.
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Associated Press
New York
American Smelting and Refining Company
Metal Market Summary from New York Dated December 8
Copper dull with spot and futures at 14 1. tin steady with spot 63.50c and futures 62.75c. iron steady. lead easy at 9.25c spot. Zinc steady with East St. Louis spot 8.80c and futures 8.60 8.75c. antimony spot 20.25c.
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New York
East St. Louis
London Metals Markets Report Dec 8
London metal prices show spot and futures for copper tin lead zinc. Copper spot 59 pounds 10 shillings. futures 60 pounds 10 shillings. Electrolytic copper spot 65 pounds 10 shillings. futures 86 pounds. Tin spot 287 pounds. futures 280 pounds 7 shillings 6d. Lead spot 34 pounds 12 shillings 6d. futures 34 pounds. Zinc spot 38 pounds 10 shillings. futures 37 pounds 12 shillings 6d.
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The
Associated Press
London
Sugar Prices Steady as Demand Fails to Improve
In New York on December eight no improvement in refined sugar demand was noted and prices held at 5 to 5.50 cents for fine granulated. Sugar futures closed steady with about 45,000 tons traded. December 2.28 cents, January 2.28 cents, March 2.34 cents, May 2.46 cents, July 2.55 cents.
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Associated Press
New York
Potato Market Steady as US Shipments Reach 406 Cars
Potatoes trade just fair and market steady with total US shipments at 406 cars. Wisconsin Minnesota Round White sacked quoted 3.40 to 3.65 with some fancy 3.75 to 3.85, Idaho Montana sacked Russet best 3.60 to 3.70, fair quality 3.40 to 3.50. Receipts 44 cars. Also notes China orders use of Chinese for all interdepartment communications by railways with translations for foreign staff when needed.
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Omaha Livestock Receipts and Prices Mixed on Monday
Livestock market summary from Omaha shows receipts of 10 500 cattle and 12 500 sheep with mixed trends. Feeder cattle and fat lambs moved unevenly. top prices reached 16 75 for sheep and 11 for certain hogs, while some classes slipped by about a quarter to twenty five cents.
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Omaha
Dec. S
Spokane Market Report Cattle Hogs and Sheep
Spokane dispatch reports Dec 8 cattle receipts 419, market steady with no quotation changes. Hog receipts 940, steady range from 12.12 to 11.50 for various classes. sow and pig categories vary to 9.25. Sheep receipts none, market steady with no changes in quotations.
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