Bears Hold Wheat Prices On Bearish Crop Reports
Market overview notes bears in wheat with prices steadied late after a bearish U.S. crop report showing larger output and rain delays in Argentina. Corn and oats rise modestly as demand supports prices. hogs soften and provisions vary. Butter and eggs markets show mixed receipts and prices with steady cheese, while several grain and dairy indicators are listed.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Germany
United Tes Kovernment
Ume
Aboy
Argentina
United States
Wall Street Ends Mixed After Bonus Fight Signals
NYC stocks swung on Washington hopes for a soldier bonus override while profit taking trimmed gains. Industrials fell after late selling hits in Union Pacific Soo St. Louis Southwestern and others with United States Steel and Baldwin slipping. Oil shares held firm early then retreated as holiday trade bets moved against the market.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Washington
Davison Chemical
Reynolds
Tobacco Products
Mellon
Congress
Senate Interstate Commerce Committee
Northwest
Union Pacific
Soo
Lackawanna
St. Paul
Atlantic Coast Line
Chicago and Northwestern
Rock Island
Katy
Missouri Pacific
New Orleans
Texas
Mexico
St. Louis
Houston
Pacific Oil
Pan American
Standard Oil
California
Gimbel Brothers
May Department
Call
NEW York Stock Exchange
Lauzier-Wolesti Company
OHARP BREAKS IN REGENT LEADERS
The market shows varied reaction with advance issues retreating and profit taking appearing amid political and legislative uncertainty. Baldwin Locomotive Co. reportedly expects record sales and earnings, while North Butte stockholders receive notices about mineral claims and exploration prospects in Arizona and adjacent regions.
MENTIONED IN THIS ARTICLE
Lauzier-Wolcott Company
Washington
Ineterstate Commerce Committee
Manshi
Baldwin Locomotive Works
North Butte
Dany
Livestock market report from Chicago and Omaha
Chicago and Omaha wire report shows hogs and cattle receipts and prices. Hogs mostly steady to lower with top around 7.60, cattle holdings varied by grade with many feeders and cows in the 3.50 to 11.50 range, and packers active. Regional notes include St Paul and Kansas City markets with similar patterns, plus Denver and Omaha figures and top bids for slaughter stock.
Exploratory Ore Work Planned at 700 Foot Level
Directors authorize exploration on the 700 foot level to locate commercial ore by crosscutting to two known veins lifting on veins and possibly deeper diamond drilling. Shaft work to 700 feet will be supported by retimbering from 142 to 600 feet and unwatering from 500 to 700 feet. An equitable power contract is in process with Salt River Valley Water Users.
MENTIONED IN THIS ARTICLE
Salt River Valley ‘Water Users’ Association
Sheep Market Report Signals Strong Prices and Demand
Sheep receipts reach 12,000 amid active trading and strong demand. Fat lambs attract bids up to 12.50 per hundredweight with best fall shorn lambs around 11.25. Light-weight to 122-pound wethers bring about 8.25, 7.60 for lighter fat lambs, while early sales of feeding lambs are scarce. General stocker demand remains steady.
MENTIONED IN THIS ARTICLE
Omama
Department of Agriculture
Omaha
Neb
Kansas City
U.S. Department of Agriculture
Cattle and Sheep Markets Reported Across Cities
In Los Angeles, cattle receipts reach 200 with calves at 250 as prices soften slightly. Montana steers around 1200 pounds fetch 8.25 while various holdovers and packing grades see limited activity. Portland shows steady cattle demand with steers mostly 6.50 to 8.00 and light weights 7.00 to 7.50. Spokane notes steady cattle and hog markets with modest changes and steady sheep quotations.
MENTIONED IN THIS ARTICLE
Los Angeles
CS Department of Agriculture
Montana
Portland
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Ign
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Weifle
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Cerro de
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Wwison Chemical
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Moto Electric
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Louisville & Ae Ok
Lee Tire
Missouri
Sais Ie Tfekas
Mor
Cormary
Ark Central
Pennsylvania’ Railway
Ferce
OHARP
Washington News
The
United States Department of Agriculture
Averar
South ST. Paul
Wales
Denver
Pan-Ameries A
Royal Steel Soss
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Routhern
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Chicago Board of Trade
Atte
Bille
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First National Bank OF
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Andrew J. Davis
Stephenson
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W. J. Forsythe
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Metals Bank and Trust CO
Daly Bank
Eral
W A. Clark
Ross Clark
W. A. Clark & Bro. Dankers
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United States Mall
Drummond
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Ovando
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