Grains Hit New Highs on Wheat Rye and Oats Gains
New high price records for the season were scored for wheat rye and oats as reports of wet harvests in Argentina and Australia supported demand. Prices rose with May and July wheat up to near day’s top while corn and oats advanced and lard strengthened provisions.
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Wall Street Brisk Yet Mixed as Stocks Hit Peak Levels
New York stock market closed with a curious mix of gains and losses after heavy profit taking. The twenty leading averages rose to their highest since 1917 while the general industrial average fell. Jersey Central surged to 295, a new top, as rail and utility issues also reached year highs.
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Thaesa Theaa Neanavéiaa
Potato Market Sags as Trade Slows in Chicago
Chicago market reports a draggy potato trade with little price change. Receipts reach 40 cars, total US shipments 385. Wisconsin sacked round whites range 9 0 to 9 5 cent with rough quality, Minnesota sacked round whites 80 to 85 cent, Red River Ohios few sales at 2.10 to 2.15, Idaho sacked russets at 1.75 to 1.90.
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Sugar Prices Steady in New York Trade
Refined sugar stood at 7.15 to 7.6 for granulated with little inquiry. South sugar offered in New York amid high prices. Futures were nominal and closed irregular. up sales reach 44,000 tons with December at 3.79, January 2.86, March 3.83, May 2.93, July 3.03.
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RECORD VOLUME REVENUE FREIGHT AND STOCK MARKET Notes
Market holds bull swing as rail stocks show accumulation on traffic gains. December rail freight at 968,256 cars marks a record for similar periods, with dividends and new rates boosting sentiment. Copper, smelter outputs, grain prices rise while corn lags amid marketing pace. Local mining and oil stocks cited with specific bids.
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New York Money Rates in Collateralized Loans
Call money remains at 3 percent with easy conditions and steady time loans. Prime commercial paper and accepted bills show little change as 60 to 90 days and four to six months notes hold near 3 percent.
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Associated Press
Foreign exchange steady in New York markets
Foreign exchanges held steady in New York with Great Britain demand at 4.69 dollars, cabling at 4.68 and 60 day bills on banks at 4.66 dollars.
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New York
Great Britain
Metal market snapshot with world copper and silver prices
New York copper remains firm with electrolytic spot at 14 percent, futures at 14 14. c. Spot copper listed at 55.87 dollars and futures at 56. Iron prices steady, lead at 9.25 to 10 cents, zinc steady with futures 7.52 to 7.55 cents. Bar silver in New York at 67 1 2 cents, Mexican dollars 51 1 2 cents. London bar silver at 326 16 per ounce. Money rate 2 percent.
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London Metals Report Prices for Copper Market
London notes copper prices with spot at £65 158s and futures at £66 10s. Electrolytic spot trades at £70 with futures at £70 10s.
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Livestock market summaries from Chicago market report
Hogs receipts 60 000 active and mostly steady to lower with top at 9.75. Bulk 250 pound averages around 9.65. 200–240 pounds around 9.40. 150–170 pounds 7.36 to 8.50. Sows 9.25, pigs up to 25 higher with strong weights 6.85 to 7.15. Cattle receipts 8 000. killing quality plain. fed steers 8.75 and up to 13 for yearlings. big weight steers around 9.50. Cows and bulls varied. calves around 9.60. Sheep receipts 18 000. fat lambs weak. bulk ewes 6.25 to 8. feeding lambs 15 to 15.50.
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Cattle and hog markets slip in Saint Paul receipts
In Saint Paul Minnesota on December 16 cattle receipts reach 2400 with slow trade and declines across grades. Calves and hogs also show lower prices as packers bid for desirable weights while light weights and pigs hold steadier. Sheep receipts 1000 with weak bidding on fat lambs and fat ewes, overall prices trending down from Monday.
Hogs and Cattle Prices Hit Higher Tones in Omaha Trade
AP dispatch from Omaha reports hog receipts of 23 000 with steady to 10 cent higher notables. Weights 140 to 210 pounds bring strong bids with top figures around 9 45. Cattle receipts 4 200 with fed steers and yearlings up about 25 cents and bulk prices near 6 58.
Cattle and Sheep Prices and Receipts Report
Butcher cows and heifers mostly $3.25 to $5.50 with heifers up to $7.75. Canners and cutters $2.40 to $3.15. Bologna bulls $3.00 to $3.35. Veal top $9.50. Stockers and feeders steady with some loads at $5 to $6. Sheep receipts 12,000. lambs steady to strong early. bulk western lambs $15 to $15.50, heavy fed clipped lambs $12.65, sheep $25 to 25c lower, bulk fat ewes $7.50 to $8.25, feeders $15 to $25c higher, bulk feeding lambs $15 to $15.20.
Livestock Market Report From Los Angeles December Bid Lead
Cattle receipts 1300 with 1200 holdovers see slow trading early. Best heavies around 8.25, heavy fat cows 5.35, calves scarce and small lots 35.50. Hogs receipts 1700 with 1000 holdovers show slow to steady gains, de sirable weight butchers 10.35, bids down 15 to 25 cents. Sheep none. wooled lambs 14.50, 68 pound lambs 14.10, other lots 12.50 to 11.00 with noted 12 percent shrinkage.
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Angeles
The
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Los Angeles
Cal
Livestock Prices Slower as Receipts Rise in Denver Market
Hog receipts 5 500 slow uneven with most 10 15 cents lower. top at 9.35 for one load, 9.20 for another. Cattle receipts 1 600 with dull trading, calves weak to lower, best steers around 10.25, stock prices down. cows 3.25 4. Sheep receipts 2 900 slow with few fat lambs steady around 14.65 for freight paid, other lambs 11.75, feeders scarce.
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Denver
Associated Press
Col
Cattle Receipts Lead Seattle Market. Hog Demand Strong
Seattle stockyards report 577 cattle and 3969 hogs. Cattle prices rise to 25 cents. top choice steers around $8. Hog demand solid with prime light hogs 160 to 200 pounds averaging $9.80 to $9.90. In Glasgow Scotland two women chosen as police court magistrates for upcoming duties.
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