Corn Active on European Bids Sparks Market Rally
Active corn buying lifted the market with export bids at season highs and Europe seen needing 68 million bushels from the U S through summer. Early losses due to large Southwest receipts faded as commissions absorbed offerings and Gulf bids rose, boosting cash demand and prompting wider selling areas.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Europe
United States
Kansas City
Gulf of Mexico
Argentina
Atlantic
Omaha
Liverpool
Kansas
Nebraska
Broomhall
Minneapolis
Gulf
Sugar and potato price report from New York and Chicago
New York reports refined sugar steady with prices from 5.70 to 5.85 cents per pound and light new business. Chicago notes USDA potato data with 52 car receipts on track and 410 cars shipped. demand slow and dull market with Wisconsin Minnesota Idaho sacked rounds priced between 1.35 and 1.65 dollars per bag.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Industrials Up in a Regular Market Amid volatileness
New York stock action showed erratic swings as factions battled for control. Industrial averages posted a fifth straight all time high despite rail declines with over 3 million shares traded and Treasury prices near record highs.
Bond Quotations Mixed on New York Exchange Close
New York stocks ended with mixed bond quotations. United States Liberties and other issues show varied prices, including Argentine 6s of 60 at 64 and Belgium 6s around 108. Germany 7s near 106 and Japan 6 3 4 8 of 54 around 101. Domestic and industrials like Am S & R and Bethlehem Steel trade near 101 to 104 percent.
MENTIONED IN THIS ARTICLE
Logan & Bryan
Pen High Low
Ahtmada
Allied Chemical Etsaueereseee
Allie Chaimers Ber Eveseees
American Bosch Magneto
American Metalse Owe
Amercan
American Telephone & Telegraph
American Inc
Arnold Constable
Austin Nichols
Arizona
Cerro de Pasco
Chandler
Chesapeake & Ohio
Chicago Alton
Chicago East Illinois
Chicago Great Western
Paul
Chicago
Continental Can
Continental Motors
Crucible Steel
Davison Chemical Essens Ee Eevee
Dodge Brothers Cee Bee
Dodge Brothers
Dupont
Erie Common
Chro Resort OE
Fleischmann Yeast
Ererenesvese Ee
Freeport
Texas
Gabriel Snubbers
General Motors
Goodrich
Ee Eeeres
Great Northern
Great Western Sugar
Greene Cananea Ee
Gulf States Steel
Homestake Mining
Howe Soun
Hudson Motors
Hupp Motors
Eassone
O11 & Gas
International Cement Common
International Combustion Engine
BA AG International Harvester
Bet Savas Doh Lee
International Merchant Marine
Pere
Kansas City
Southern
Kelly Springfield
Eeree
Kennecott Copper
Ss Panes Company
Teeee T's
Lago
Lee Rubber & Tire
Loews Inc
Manhattan
Mexican Seaboard
Miami
Mid-Continent
Missouri
Kansas
Missouri Kansas & Texas
Missour Pacific
Missouri Pacific
Montgomery Ward
Montana Power Veer
Moon Motor O. Ane Mother Lode Coalition
Ae National Biscuit
Nevada
New Haven
New York Central
Pacific Gas & Electric Renee
Packard Motors
Paige Detroit Motors
Paramount Famous Players
Phillps Petroleum Eeenee
Pierce Arrow
Radio Corporation
Eee
Eee Ewes O
Etre
Eeee Aoy
Republic Iron ‘and Steel
J Reynolds Tobacco
St Joe Lead
Eae
Ditty
St .Louis
San’ Francisco
San’ Francisco Sae 109% St. Louis & South Western
Wees
Schulte
Ae Ee
Seaboard
Sears Roebuc
S'mms Petroleum
Sinclair
Southern California Edison Ee Ee
Southern Pacific
Southern Railway
New Jersey
Stewart Warner
Studebaker
Sane
Tennessee Copper & Chemical
Sneer
Texas Corporation
Union Pacific
United Drug
United Fruit
Warner Bros .A' A
Western Pacific
Westinghouse Electric
Wilis-Overland
Woolworth Ee
Wright Aero Bie Cae
Wees Bane
Laas
Associated Press
New York
New York Stock Exchange
United States Liberties
Belgium
Japan
Norway
Andes
Bethlehem Steel
Chile
Sy Logan
Bryan
Ndustrials
Acme
Checker Cab
Durant
Mesabi
Eves Oey
Caribeae Sue
Mexico
Wilcox Ee Eeesisens
Ariz Globe Minds
Tear ” Hutte & Western Cons Copper
Cresson
Eureka
Alta Cons
Alta Tunnel
Cardiff
Conseebeseses
Can
Columbus Rexall
Emma Silver
Fureka
Walter Mining
West
Toledo
Rico
New Quincy
West Gold
Alta Mich
Alta
Bingham Metals
Boston Curb
Logan & Bryan Bid
Ardsley
Om Belcher
Blackhawk
Ohio Copper
Paymaster Asses
Shea Copper Silver Dyke
Miami Fu
Verde Central
Ajax
Bunker H & S
Falcon
Gladstone
Goldsmith
Golconda
Hecla Sera Eregesesreraee
Highland Surpeee
Hypotheck
Internatonal Coal Co
Jack Waite
Lucky Jim
Sandar
Stratton
Sunshine
Ocal
Montana Stock & Bond Company
Abell
Ardsley Butte
Peaverhead
Alberta
Butte
Butte Fill
Butte Ind
Butte & London
Chappel OU Wee
Petroleum
Atte Ane Ezo Jardine Mining
fKev
Sun Hold Corp
Sun Oil
Montana
Idaho
Aetee Oe Neihart
Onseen
Aes Bu Royal Development
Silver Bow
Sunb Oil & Refining
Sunburst
Western Drilling
Livestock Market Report from Multiple Midwestern Stations
Hogs receipts 21,000 with prices steady to 10-25 cents lower on light weights. top at 8.85 sparingly. Cattle receipts 6,000 with snappy trade, weighty bullocks at 18.00 upside, most 12.00 to 15.75, beef cows and heifers stronger. Sheep receipts 11,000 with lambs steady to 25 cents higher, some light natives around 10.00.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States Department of Agriculture
WSS Socialted
South ST. Paul
Denver
Assocese
Omaha
Market summaries from Portland Chicago and New York radioed
Portland cattle and hog receipts show steady tone with hogs around 9.35 to 9.60 for various weights and light sow prices. Chicago wheat edges higher on demand while corn and oats react to export expectations. foreign exchange rates steady with minor premiums. metals mostly firm. Poultry prices steady with modest regional receipts reported.
Market Nervous as Greene Cananea Helps Rally
The market opened with Greene-Cananea offering freely aiding a cautious early advance and the pace shifted to a recovery. Call money firmed to 4 1 2 percent supporting forenoon selling while United States Steel led a tentative first quarter rally before profit-taking returned. Carloadings dropped 40 637 from last week and almost 115 000 from a year ago. Seminole Oil figures fell and oil shares eased as Motors faced profit-taking amid broader industrial weak spots.
MENTIONED IN THIS ARTICLE
New York
Greene-Cananea
United States Steel Common
Seminole
Motors
Also Mentioned on This Page
The
Shige
Federal Reserve
Greene Cananea
Anaconda
Calumet & Arizona
Kennecott
Magma
Utah
U.S. Steel
Amusement
Fox Films
Continental Insurance
Fidelity Phoenix Insurance
Russia
National Surety
Burrouds
International Harvester
National Cash Register
Amalgamated Leather
Warren Brothers
Treasury 3S
Seattle
Spokane
Detroit Edison
Fisk Rubber
Sweer
Goodyear
Hershey Chocolate Bigs
Humble O
Eee Ee Co
Eeery
Kayser Sigs Kresge
St Ry
Montana Power
Ohio
Teewe
Pac G& FE
Pac T & IT
Westinghouse
Wren
Wilson & Co
Youngston S & T
Atchison
Northwestern
Saba
Nor Pac
Sou Pac
Saben
Us West Pac
Wean
Hae
Portland
Acenciated
Great Britain
Ndemand
France
Italy
Germany
Byr Ke Associated Press
Cetcago
Boston Stock Exchange
Logan, & Bryan
Amoskear
New
Ariz Commercial
Bingham Mines
East Butte
Hancocker
Island Creek
Mason Vailey
Quincy E
Lin Shoe
Fidla Swift & Co
North Butte
Apex
Victoria
Boston & Wyoming
Wiliams
Kinney
Dee
Mountain Gulf
West States
Y Gas
Logan
Ogan " Bryan
Mombers
Finlen
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