Sharp setback in U.S. wheat prices as Europe demand grows
Chicago market reports heavy wheat losses with May at 1.78 3/4 and July 1.52 3/4, corn and oats also down. Argentina and Australia undersell in Europe while domestic demand stalls. visible supply and export trends add to the slide. Minnesota and Minneapolis grain figures noted along with butter and egg markets in New York.
MENTIONED IN THIS ARTICLE
Associated
Chicago
Argentina
Australia
United States
Europe
Seaboard
Ocean ‘Passage
St. Louis
Irregular close as stocks push to year highs then fall
New York market sees early strength with over sixty issues at yearly highs. rails and industrials fall as money rates rise and profit taking returns. Fisher Body hits 240 in capital change hopes, General Electric tops 301, United States Steel nears 21, and Radio Corporation jumps to 68.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Sterling Exchange
Fisher Body
General Electric
United States Steel
Gary
Anaconda
Chile
Inspiration
Cerro de Pasco
Simms Petroleum
Barnsdale
A.” General Asphalt
Shell
Radio Corporation
American Car and Foundry
Railway Steel
Beechnut Packing
Public Service of New Jersey
Famous Players
Republic and Crucible Steels
Westinghouse Electric
United States Cast Iron Pipe
Universal Pipe
Worthington Pump
Otis Elevator
Remington Typewriter
International Paper
Louisville & Nashville
Soo Common
Atchison
Chesapeake & Ohio
Central Railroad of New Jersey
Western Pacific
Baltimore & Ohio
Great Northern
Norfolk & Western
Union Pacific
Atlantic Coast Line
Chicago & Northwestern
J. P. Morgan
Pril
Profit Taking Curbs Market Rally After New Highs
Stocks wavered after hitting fresh highs as profit taking surfaced but was absorbed. General Electric surged past 300 amid cheers, while Radio led gains on its rising stake. Oil shares lagged despite Pennsylvanian crude gains and a looming 5 percent stock dividend.
Sugar prices steady as refined climbs noted in report
New York December 29 refined sugar prices were unchanged to up to 26 points with bids around 6.75 for fine granulated and prompt shipments. futures were irregular and nominal with 14 000 tons sold. January March and May futures quoted in cents per pound amid varied offers and minor activity.
MENTIONED IN THIS ARTICLE
New York
Jazz Lifts Milk in Texarkana Barn Dances
D. C. Welty, a Texarkana dairyman, claims jazz boosts milk output by at least one quart per cow and stages barn dances to spark the herd. A separate item notes a 24 year old English director sentenced to six months for alleged falsified income tax reports by his company.
MENTIONED IN THIS ARTICLE
Texarkana
Texas
D. C. Welty
Welty
England
Foreign exchange quotations aid finance report
New York December 29 foreign exchange quotations in cents show British demand at 4.7213 16 cables at 4.7231 16 and 60 day bills on banks at 4.711 16 Italy demand 4.24 cables 4.24 and 4.98 percent bonds listed. Germany 23.81 Holland 40.45 Norway 15.10 Sweden 26.95 Denmark 17.72 Switzerland 19. Greece 181 Poland 19 percent Czecho-Slovakia 3.024 Jugoslavia 1.52 Austria .0014 Romania .52 Argentina 40 Brazil 11.69 Tokyo 38 Montreal 992 32.
MENTIONED IN THIS ARTICLE
York Stock Exchange
Val Rajenes
Lausier, Wolcott & Co
Hulmers
Reed
Car & Foundry
Allied Otmior Ceee
Allied Otmior Ceee Cccceees Eee
Eens
American Hoech
Ewer Seeee
Aucurrens Emelting & Refining
Amer Teeter Ewe Eee
Eae
Arese Non Welesnational Corporation Ae
BPR
Cssseee
Viccedes Ee
Butte North Wesle Tener
Somcotc OH
Odeeters Eerere
Chicago
Great Northern
Saga
Kennecott Eee
DOM Louieville
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Lima
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Texas
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Thenal Harvester
Terete
Udgon Motors
Uri Pacific
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N Exchange
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Great Britain
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Greece
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Czecho-Slovakia
Jugoslavia
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Montreal
Call Money Rates Jump Amid Tight Money Market
New York money market notes strong call money at 5 percent with bids at 5 and offers at 5. Time loans steady with 60 to 90 day credit at 3 to 3 1/4 percent and 4 to 6 months at 3 1/4 percent. Prime commercial paper quoted at 3 percent.
MENTIONED IN THIS ARTICLE
Ce Money
New York
Bar Silver Prices Around the World on Dec 29
Bar silver in New York at 66 and a half cents, Mexican dollars at 51 and a half cents. London reports bar silver at 31 and a half pence per ounce. Money market at 1 and a half percent.
MENTIONED IN THIS ARTICLE
New York
London
Metals Market Summary from New York and London
Copper firm with spot and futures at ibec. Tin steady with futures at 69.12c. Iron prices mixed across No 1 and No 2 northern and southern grades. Lead firm at 9.60 to 10.25c spot. Zinc East St Louis spot 7.80c with futures 7.80 to 7.85c. London standard copper spot £67 108 futures £68 126 nonsferic spot £72 futures.
MENTIONED IN THIS ARTICLE
New York
Lbec
Northern
Southern
East St. Louis
London
Livestock Market Report from Chicago Delivers Mixed Results
U S Department of Agriculture notes December cattle hogs and sheep trade in Chicago. Hogs show strength with varied weights selling up to 10.95, while cattle see uneven demand and higher bulls, beef stock and shippers paying up to 16 per hundredweight. Sheep markets slow with fat lambs steady to 25 cent lower and ewes around 10 dollars.
Omaha hogs, cattle, and sheep market prices drop and rise
Omaha reports the days receipts with hogs at 11 000 and cattle at 8 500 and sheep at 12 000. Hogs mostly 10 1b higher with top 10.50 and bulk 9.85 to 10.35. Cattle show gains in lighter weights with top steer prices around 10.50 and heavy steers near 9.50. Sheep rise 10 25c on lambs with bulk Western feeders at 17.75 to 18.25 and top 18.25.
Livestock Prices and Receipts Report from St Paul Market
Saint Paul December 29 cattle receipts around 2100 with beef heifers and bulls gaining. fat stock cattle and stockers quiet. Calves 400 with strong light prices up to 9 dollars. hogs 20000 to 21000 mostly 15 to 26 cents higher with butchers at 10.25 top. sheep 2000 with no bids as packers show weakness.
Kansas City Cattle Hogs and Sheep Market Report
Receipts: cattle 13,000. hogs 8,000. sheep 9,000. Steers steady to strong. top medium weight $9.75. stockers and feeders $5.70. cows and heifers $5.50 to $6.15. Hogs mostly 15 to 20 cents higher. top $10.55. 140–160 lb $9.25 to $9.90. sows around $10. feeder pigs $7.25. Sheep steady to higher. lambs top $18.25. clips $14 to $18. Sheep lots to packers $17.50–$18.10.
MENTIONED IN THIS ARTICLE
The
Associated Press
U. S. Department of Agriculture
Chicago
Omatia
Omaha
Nebr
Kansas City
Denver Livestock Receipts Mixed as Markets Edge Higher
Denver reports for cattle and hogs show receipts with mixed demand. Hogs top at 10.75 on 200 pound loads, bulk weights 185 to 230 pounds around 10.25 to 10.50, sows and fat pigs steady to firm. Cattle receipts 2,300 with calves strong, loads of 1,000 pound steers at 7.50 and cows up to 5.50, best heifers 6.65 to 6.75. sheep 9,600 head near steady with top loads at 17.40 and 17.25, later offerings at 14.
MENTIONED IN THIS ARTICLE
Denver
The
Associated Press
Spokane cattle receipts and prices dip in early report
Spokane market notes show cattle receipts at 164 with prices edging lower. Prime steers fetch around 7.25 to 7.75, good to choice 6.50 to 7, medium to good 5.75 to 6.55, fair to...
MENTIONED IN THIS ARTICLE
Spokane
The
Associated Press
Market Prices for Cattle Hogs Sheep and Lambs
Medium and common cattle prices range from 1.50 to 8.50 with averages for different grades. Hogs receipts show steady demand with prices from 7 to 11.75 for various weights and weights. Sheep receipts are none with prime lambs around 11 per hundredweight and prime yearlings to 9.50, wethers to 8, and best ewes to 6.
Cattle and hog markets show gains at Los Angeles sale
Cattle receipts reach 1000 with early activity unevenly higher as Northern steers fetch 7.50 to 7.65 and fat cows and heifers 5.25 to 5.75. Calves 150 head steady at 5.50 to 6.56. Hog receipts 1900 with weights mixed and prices largely steady up to 12 on a single load. bulk 10.76 to 11.60. sows 9. Sheep at 140 with lambs offering limited desirability and top price 17 for chosen wooled lambs.
MENTIONED IN THIS ARTICLE
The
Associated Press
Los Angeles
Portland Cattle Hog and Sheep Prices Lifted on Year End Demand
Cattle and calves market active with gains 50 cents to 1 dollar. calves 1.26 higher. Steers, heifers, cows and bulls quoted across grades with receipts about 1,220 head cattle and 687 hogs. Lambs and sheep prices mixed, fat lambs up to 11.60, ewes to 8.50, other ranges listed. lamb basis on shorn basis noted.
MENTIONED IN THIS ARTICLE
The
Associated Press
Portland
Cattle and hog receipts at Seattle Union Stock Yards
Receipts for December 29 show 313 cattle and 430 hogs. A light run of hogs met a very active market with top hogs at 12.75 and prime light hogs 160 to 200 pounds averaging 12.50 to 12.65. Cattle held firm with choice steers 7.50 to 8.50 and choice cows and heifers 5.50 to 6.50.
MENTIONED IN THIS ARTICLE
Seattle Union Stock Yards Co
Potatoes Prices Hold Firm in Chicago Trade
Early morning trading shows a moderate firm market for potatoes with 66 cars receipts and 445 total US shipments for Saturday. Wisconsin Round Whites sold mostly at 1.15 to 1.20 dollars, with bulk sales at 1.20 to 1.25 dollars.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States
Wisconsin
Lincoln Assassination Witness Dead in Rochester
Alvin Wheaton, 85, a surviving witness to President Lincoln's assassination, died at North Conpton. Wheaton sat in Ford's Theatre the night Lincoln was shot.
MENTIONED IN THIS ARTICLE
Lincoln
Rochester
N. Y
Alvin & Wheaton
North Concoton
Abraham Lincoln
Wheaton
Ford
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the First National Bank OF
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Batte
DR. Lamb
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