Wheat Prices Jump in Argentine Crop Report Driven Market
In Chicago trading December wheat rose to near day’s high on a favorable Argentine crop outlook, with May and December futures up while corn and oats moved modestly. Reports of a large 215,000,000 bushel harvest and a possible export surplus spurred buying despite later doubts about the official figures and a potential crop report scandal.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Argentina
Buenos Aires
Santa Fe
Heavy liquidation drives New York stock market gains
Industrial shares declined under pressure from reduced real estate loans and cautious guidance, as rail stocks led. Trading totaled 2,261,400 shares with a rail rally and merger chatter, while several industrials fell on anticipated Dodge price cuts.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Commission
Paul Doumer
Rock Island
Southern Pacific
Pennsylvania
Atchison
Baltimore & Ohio
Chesapeake & Ohio
Chicago & Northwestern
Erie
Great Northern
Kansas City Southern
New Haven
New York Central
Northern Pacific
Norfolk & Western
Pere Marquette and
Southern Railway
Chrysler
United States
American Can
Dupont
General Electric
Hudson Motors
Mack Truck
Dodge
Gulf States Steel
United States Steel Common
Bethlehem
Crucible
Republic
Youngstown Sheet and Tube
Olle
Easier Money in Help to Market
New York reports show the easier call money market with renewed confidence and higher turnover. The rise is tied to easing money, strong earning reports, carloadings, and I C C consolidations aligning with railroad views, while rail and oil shares lead a broad market shift. Copper prices softened slightly as consumers may struggle for tonnage under 14 1/2 cents.
MENTIONED IN THIS ARTICLE
Logan & Bryan
New York
Interstate Commerce Commission
Argentine Wheat Crop Report Spurs Early Selloff Then Recovery
The Argentine complete crop report put a 214,000,000 bushel wheat yield in the market, triggering initial selling. Prices then recovered as absorption and moderate export demand supported grains, with corn and oats following wheat’s late recovery and commissions trading showing improved activity.
MENTIONED IN THIS ARTICLE
Logan & Bryan
Chicago
Coveriny Shorts
Canadian Northwest
Shorts
Commission
Tye
Commission House
Midwest and Denver Livestock Prices Hold Mixed Early
Chicago hog receipts near 19 000 with uneven demand and steady to higher quotes for light packs. cattle receipts around 13 000 with some steers and yearlings firm on shipping demand. sheep receipts 11 600 show slow activity but steady overall. Denver markets report hogs at 11.60 top for drive-ins, cattle and calves steady to higher, sheep unused for early action.
Cattle Receipts and Prices From Sioux City Market
Sioux City Iowa December 16 cattle receipts 4 000 market active killers and stockers strong fat steers and yearlings 6 13 bulk 8 10 fat cows and heifers 5 50 11 canners and cutters 3 25 4 25 grass cows and heifers 4 6 feeders 6 8 25 stockers 5 50 8 25 stock yearlings and calves 5 8 feeding cows and heifers 3 25 6 25
MENTIONED IN THIS ARTICLE
Sioux City
The
Associated Press
Iowa
Omaha stocker and hog market report gains and steady prices
Omaha reports receipts of 9 000 hogs 7 500 cattle and 6 000 sheep with mixed movement. Hogs mostly 10 to 25 cents higher on desirable 140 to 200 pound animals top at 10 75 while bulk trades run 10 25 to 10 60. Cattle show steady to higher steadiness with weights up with steers to 10 65 yearlings 11 50 cows 6 50. Sheep firm with lambs 15 25 to 15 50 and top 15 75 as feeders push 15 50 to 15 75.
MENTIONED IN THIS ARTICLE
Los Angeles
Associated Press
Caiun
Chicago
The
Denver
California
Omaha
Aece
Cattle Hogs Sheep Prices Steady at St Paul Market
Cattle receipts 3 000 opening slow but steady with Tuesday's close. Top 8.40 for short fed, bulk steers and yearlings 7 to 8.50, fat stock 4 to 7, bulls and bolognas firm. Hogs receipts 7 000, 10 to 25 cents higher, shipper top 11.40, bulk 10.86 to 11.20, 170 to 300 pounds 11 to 11.25. Sheep receipts 6 000 lambs slow but generally steady to lower, top 15.50, other fed lots 15 to 15.40.
MENTIONED IN THIS ARTICLE
ST. Paul
Associated Press
South ST. Paul
Minn
Spokane Market Receipts Steady On Cattle Hogs Sheep
Spokane reports December 16 cattle receipts 139 hogs 500 sheep 48 with markets steady and quotations unchanged.
MENTIONED IN THIS ARTICLE
Spokane
The
Associated Press
Metal Market Prices Steady in New York Trade
Copper steady at 14 14 1/4 cents in spot and futures. Tin firm at 61.60 cents spot and 60.87 cents futures. Iron unchanged. Lead at 9.25 cents spot. Zinc steady with East St. Louis spot 8.70 to 8.75 cents and futures 8.45 to 8.55 cents. Antimony spot 22 cents.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Logan & Hryan
Allis Chalmers
Allied Chemical Atv
Amecan Agricultural ‘Chemical
Atlantic Gulf
Austin Nichols
Baltimore & Ohio
Bethlehem Steel
Bosch Magneto
Wwe
Brooklyn Manhattan
Erese Bs Wu
Cerro de Pasco
Tamarack
Chicago & Alton
Logan & Bryan
Acvet. Cago
Great Western
McGillivray
Milwaukee & St. Paul
Ere
St. Paul
Salt Lake
Alomah
Woago
East Illinois
Arizona
Wicago
Rock Island
Bingham Mines
Colorado
Carson Hill
Cniet Consolidated
Davis East Butte
Franklin Eee
Eee
Mae i
Isle Royale
Mass
Ge Brothers
Crewe Erveseres
Ain View
Mason Valley
Texas Pacific
Old Dominion
Park Utah
Pond Creek
General Electric
Union Pacific
Park Bingham
Uiney
Sereew
Reat Northern
Silver King Connee
Utah Et Als
General Petroleum
Western Pacific
Walker Mining
Victoria
Uds Motors
Willys-Overland
Denver Lint
wills-Overland
Logana
Hoston Curb
Tal Marine
Boston & Wyoming Gul
United Drug of of
Mountain & Heer Dad
United States
Rerer
Hell Mountain
Gstor
Ansas City
Southern Sheen Eene
Entana
Telly Prince Sever
New York
Great West
Pecretteneugar
Ehigh Valley
Ima
Holly ‘Auger
Steerer
Farlana
Liberty
Alexican
Missouri
Ae Iberty
U. S. Treasury
Miami
Montana Power
Czecho
Slovakia Republic
Ara
Moon Motors
Ee Eee
Peter
United Profit Marine Iss
New York Central
Kingdom of Belgium
New Haven
Kingdom of Norway
Northern Pacific
U. Megeniic
Chile &Sf
North American
Sheen
Lehigh Power
És . S
Nath Power & Light
Pennsylvania
Glenroc
Pierce Arrow
Sanzenee Copper
BOL Bellimore & ‘One
Jan Pacific
Sesvestrogesvaces
Seiceae’ Burleegs
Consoladéza
St Ray Consolidated Ee
Milwaukee
Herre Eee
Chile
Sele Breck’ Products
Eserves
Paweryee
Seeey
Peters
East St. Louis
London Metals Priceswire from Associated Press
London metals market report dated December 16 shows spot and futures prices for copper tin lead and zinc. Copper spot £59 7s 6d futures £60 7s 6d electrolytic copper £65 10s tin spot £276 2s 6d futures £272 17s 6d lead spot £34 5s futures £34 2s 6d zinc spot £37 15s futures £37.
MENTIONED IN THIS ARTICLE
London Metals
The
Associated Press
London
Portland Livestock Market Report December 16
Cattle receipts none and calves 50 with no trading. Late sales steady to heavy for calves 5.50 to 7.50. Hog receipts 400 steady with best light butcher hogs 12.25 and mixed weights 12. killing pigs 11.50 and feeder pigs 11.50. Sheep receipts 496 all lambs with no early sales and activity fully steady.
MENTIONED IN THIS ARTICLE
Portland
The
Associated Press
Silver Prices Roundup From Market Reports
Bar silver in New York at 68½ cents per ounce with Mexican dollars at 52½ cents. In London silver quotes at 31 shillings 8¾ pence per ounce and money at 4¼ percent.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
C. Akon
London
Sugar prices hold steady in New York market
In New York on December 16 refined sugar prices remained unchanged from 5 to 5.50 cents for fine granulated. Futures closed irregular with about 43 000 tons sold. Nearby contracts traded around 2.34 dollars for December 2.35 for January 2.41 for March 2.54 for May and 2.64 for July.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Potato Market Steady As US Shipments Reported
Potatoes receipts total 343 cars across the United States with market steady. Wisconsin sacked Round White range $3.40 to $3.75 due to quality, Minnesota sacked Round White $3.40 to $3.60, Idaho sacked Russets $3.36 to $4.67.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
United States
White
Minnesota
Idaho
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Minneapolis
Wainneapolis
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Duluth
Pacific Coast
Butte
E. S. Galena Butte, Mont
Ipa
Ohio
Ster Dite
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Thea
Ereee
Hughes
Verde
Swestock
Logan& Bryan
Atlantic
States
Canada
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Seattle
San Francisco
Los Angele
Finlen
Charles J. Kelly
James BE. Woodard
James T. Finlen
R. W. Place
J. Ll. Teal
I. J. Burke
First National Bank
Andrew J. Davis
J. E. Stephenson
George A. Hill
Andrew J. Davis Jr
W. J. Forsythe
Vicw
W. A. Clark
J. Ross Clark
W. A. Clare & Bro. Bankers
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