Markets Slip as December Wheat Leads Downturn
Heavy selling on December wheat contracts pushed grain prices lower across Chicago markets with wheat hitting new season lows. Corn, oats, and provisions followed the trend as ocean supplies and North American stocks rose, while export demand remained weak. Minneapolis receipts and cash wheat prices noted modest shifts, with flour steady and potato markets firm in Chicago trade.
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Chicago
Europe
Ocean
Seaboard
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New York Stock Market Ends With Broad Declines
A sharp market drop followed broad selling across long and short accounts. Allied Chemical fell from a record high to 134 1 4 as investors reacted to dividend and distribution expectations. American Can slipped after voting only the regular dividend, while others like International Harvester and United Drug also tumbled.
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Downward Wheat and Stocks Hit Markets
Reaction in Chicago and New York markets drives prices lower as July wheat makes a new crop low and oats, corn, rye follow. Export trade and domestic supplies rise on weekly grain stocks while cattle and hog markets show mixed receipts and slower demand across Minneapolis Omaha Spokane.
Swestock Chicago Receipts Weigh on Market Activity
Swestock Chicago reports receipts of 27,000 with fair to active demand for shippers and yard traders as big packers pull back. United States Department of Agriculture notes the market movement in Chicago on December 28.
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United States Department of Agriculture
Cattle Receipts Strong but Steers Steady at Los Angeles Market
Los Angeles stockyards report cattle receipts of about 200 cattle and 50 calves. Bulk steers range 8.25 to 8.75 with top prices likely Monday, while bulk stockers bring 5 to 6.50 and cutters 3 to 4.50. Bulls mostly 5 to 6 dollars, a few veals bring 19 to 11, plain calves 8.50 to 9.50.
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United States Department of Agriculture
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World bonds quotes and currency cables update
Cables show mixed demand and rates with France at 3.96 demand and 3.36 cables, Italy 4.51 demand and 4.52 cables, Belgium at 13.90, Germany at 23.84 percent. Bank bills at 4.85 and 40 day bills at 4.80.
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Metal market totals mixed with small shifts on New York day
In New York on December 25 copper remained quiet for spot and futures at 13 percent per ounce. Tin eased with spot and near term around 66.5 percent, futures 66.12 cents. Iron held steady, lead dull at 7.80 cents, zinc weak with East St. Louis spot and futures around 7.02 to 7.05 cents, and antimony at 13.25 cents.
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Eee
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New York Market Prices Dimensional Note Dec 28
NEW YORK Dec 28 Bar silver 54 cents Mexican dollars 41 cents. Market notes indicate fluctuating precious metals rates with silver quoted at 54 cents per ounce and Mexican dollars at 41 cents in early trading.
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Associated Press
New York
Market quotes and commodity prices across global markets
London copper and tin futures quoted with spot and futures prices. New York cotton steady with middling at 13 cents. Duluth flax prices shown for December to May contracts. Chicago poultry market listed with firm prices and receipts of seven cars.
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Chicago
Butter and Eggs Prices at Chicago Market Update
Chicago market report shows higher butter receipts at 11,862 tubs with various creamery extras and standard prices. Eggs receipts total 6,549 cases with range of firsts and refrigerator varieties. details include different grade prices and adjustments.
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Chicago
Sugar markets hold firm as futures ease in New York
The refined sugar market was unchanged with light demand as prices ranged 6.10 to 6.40 cents per pound for fine granulated. Futures settled lower with about 22,609 tons traded for January at 3.15, March 3.24, May 3.30, July 3.37, and September 3.42 cents. Also, the Chicago Art Institute highlights a money making angle in art as a Chicago waiter who bought a picture years ago, paid in installments, is now offered twice the cost.
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