Wheat Gains On Weather Hopes And Thin Stocks
Wheat prices rose on smaller U S visible stocks and forecasts of a harsh winter with little snow cover protecting the crop. Corn and oats ticked lower or up slightly while hog values pulled provisions lower. Market reports noted Argentine harvest progress and steady European demand influencing prices.
Motors Drive Wall Street Gains Amid Tax Demand Hires
New York stock market showed strength in motor shares led by General Motors and Chrysler with both finishing at session highs and gains around 3 percent. Other industrials such as Peerless Mack Trucks and Packard rose, while United States Steel and several others fell. rail shares held steady on potential future dividends. Foreign exchange firmed with Italian life shares surging and sterling around 4.84.
MENTIONED IN THIS ARTICLE
Associated Press
New York
New York Federal Reserve Bank
General Motors
Chrysler
Motor Group
Peerless
Mack Trucks
Federal Motor Trucks
Packard
White
Hudson
Detroit
United States Steel
Allied Chemical
Baldwin
Woolworth
International Harvester
Wilson Company
Cudahy Packing
Owens Bottle
Phillips Petroleum
Otis Elevator
Detroit Edison
Corn Products Refining
Texas & Pacific Land Trust
Pere Marquette
Active Trading In Stock Ghagles In New York Market
In New York December 13 shifting operations caused mixed movements with notable covering in autos and new groups and specialties trading actively. Petroleum shares buoyant while outside buying power remains weak. National Lead splits up talk and nickel-plate shares stay in demand amid heavy turnover. Building trade for November weakens and California crude output rises about 2000 barrels daily. Irregular market outlook persists with limited revival in outside interest.
MENTIONED IN THIS ARTICLE
Logan & Bryan
New York
Ickel Plate
California
Wheat closes in rally after big US stock drop
Wheat futures moved higher after a 4 520 000 bushel US visible decline surprised traders. December delivery stayed firm, slipping to 1 cent under May at the close. World shipments last week reached 13 027 000 bushels, up from 2 733 000 prior week and 10 682 000 last year. The visible supply fell modestly as demand stayed solid. Corn and oats traded mixed with firmness in corn short covering and gains in oats, while rye closed modestly higher on wheat strength.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States
Argentina
Liverpool
Buenos Aires
Livestock Prices from Spokane Bid Cattle Hogs Market
Spokane reports cattle receipts 330 with varying classes from good to common and medium, calves to heavy, prices from 2 to 9 dollars. Hogs receipts 1 275 with good and choice 11.60 to 11.75, heavies 8.60 to 8.75, sows 7.60 to 7.75, feeders and underweight pigs 11.25 to 11.50.
MENTIONED IN THIS ARTICLE
The
Associated Press
Seattle
Portland Cattle Market Reports Mixed Higher on Steers
Portland Oregon cattle receipts reach 450 with calves 150. Activity steady across classes. steers and stockers 25 cents higher. Calves and veals up 50 cents to $1. Medium beef steers 7.50 to 8.25, some good loads 8.23 to 8.50. Cows and heifers 7 to 7.25, top cows 6.25, cutters 4.50 down. Bulls 4.50 to 5.25, bulk calves 7.50, veals 19.12, off quality calves and veals down to 6.
MENTIONED IN THIS ARTICLE
Associated Press
Portland
Weathered Dakota market stalls as storms hurt cattle trade
South St. Paul reports 9,500 cattle receipts with high winds and heavy snow delaying trade across all lines. Packers buy under protest as calves and hogs show uneven prices, hogs mostly $11.15, pigs steady, sheep receipts 12,500 with fat lamb bids unevenly lower, best weights around 6.25.
MENTIONED IN THIS ARTICLE
Associated Press
South ST. Paul
Minn
New York Money Market: Call rates Firmer Closing at 5
In New York on December 13 call money rose to a high of 5 and a low of 4 1/8 with the ruling rate at 4 1/4. Time loans held steady while collateral quality ranged 60 to 90 days at about 4 percent.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Prime mercantile paper rate at four percent for six months
A brief note states a prime mercantile paper earns four percent interest over a six month period.
MENTIONED IN THIS ARTICLE
Prime Mercantile Paper
Foreign exchange firm in New York quotes on Dec 13
Foreign exchanges in New York show firm quotations. Great Britain demand and cables mark $4.84 and 4.84 15-16 with 60 day bills at $4.80. France demand $3.98, cables 3.98 1, Italy demand 4.56 and cables 4.57. Belgium demand 13.90, Germany demand 23.80.
MENTIONED IN THIS ARTICLE
Foreign Exchange
The
Associated Press
New York
Great Britain
France
Italy
Belgium
Germany
Copper and metals steady in New York and London markets
In New York on December 13 copper remained steady with electrolytic spot at 68.62 cents and futures 67 cents. Iron prices hold at 22.50 to 23.00 in eastern Pennsylvania, 19 to 20 Buffalo, 20 to 21 Alabama. Lead quiet at 7.90 cents, zinc steady at 7.05 cents, antimony at 13.50 cents. In London copper spot 57 pounds 10 shillings, futures 58 pounds, electrolytic copper spot 64 pounds 5 shillings, tin spot 307 pounds 12 shillings 6 pence, futures 298 pounds, lead spot 39 pounds 2 shillings 6 pence, futures 29 pounds 10 shillings, zinc at 33 pounds.
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NEW York Stock Exchange
Logan & Bryan
Pen High
COCO
Ahumada
American Bosch Magneto
American Metals
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American International Corporation
American Smelters
Eee
Eeee
Een Eee
Atlantic Refining
Atchison
Brm
Atlantic Coast “Line
Atlantic All Tree
Austin Nichols
Baldwin Locomotive
Baltimore & Ohio
Bethlehem Steel
California Petroleum
Calumet & Arisona
Chesapeake & Ohio
Chicago Alton
Chicago
East Illinois
Great
M. & St. Paul
Northwestern
Rock Island
Chile
Chrysler Motor
Colorado Fuel & Iron
Motors
Davison Chemical Ene
Dodge Brothers
Dupont
Eaton Axle
Erie
Orly
Ol Fiske
Fleischmann Yeast
Great Northern
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Greene Cananea
Gulf States Steel
Howe Sound
Ian
Hudson Motors
RM Ok
Hupp Motors Independent Oil & Ga
International Combustion Engineering
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Sewer Ee
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Manhattan Electric Supply
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Nevada Consolidated
Packard Motors
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Ray Consolidated See
San Readin
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Li's
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Quincy
Superior
Boston
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California
Ee Eeeweeres
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New Jersey
Texas Pacific
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Western Pacific
NEW York
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Ener
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Weer
U. S. Treasury
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Canada
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Utah Power & Light
Cceeeceeees
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Swift & Co
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Denver
Burke O
T. Willaims Eevee Sens
Gates Oil
Kinney Oil & Dd Eedesians
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West
Ohio
Ssesus
Jerome Verde Ee
Imperial Roy
Jardine Mining
Ees
Tegal Tende
M'dwest Butte
Nethart Silver
Oreee Queen City
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Silver Bow Securities
Stellar Oil & Gas
Stevenson
Roy Ae
Sunburst Oil & Re
Sunburst Refining Ee
Pennsylvania
Buffalo
Alabama
East St. Louis
The
Associated Press
London
New York Market Prices Amid Mixed Silver and Dollar Rates
New York reports bar silver at 54 cents per ounce and Mexican dollars at 41 cents, reflecting steady precious metals trading with subdued crossover demand.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Potatoes market dull with varied Round White prices
Chicago reports Saturday shipments 579 cars and Sunday 19 cars. Wisconsin Round Whites sold at 2.25 to 2.75 per sack, Minnesota Round Whites 2.10, Idaho Russells 2.60 to 2.75, occasional fancy up to 2.85. Trade slow as receipts total 109 cars on track and 257 cars elsewhere.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
United States
Wisconsin
Minnesota
Idaho
Russels
Sugar Market Holds Firm With Unchanged Prices
New York December market for refined sugar remained firm with prices at 6.20 to 6.4 cents for fine granulated. Demand was subdued though withdrawals on old contracts were liberal. Sugar futures closed steady with about 80,000 tons sold. December 3.32c, January 3.28c, March 3.31c, May 3.37c, July 3.44c.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Flax and Bran Market Quotes from Duluth
In Duluth on December 13 close flax prices posted for December at 2.175 percent, January 2.185 percent, February 2.20 percent, and May 2.23 percent to March 2.23, reflecting futures levels.
MENTIONED IN THIS ARTICLE
Associated Press
Duluth
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