Wheat Reaches High as US Supply Outlook Boosts Markets
Wheat advanced to 1.89 May, the peak since Feb 9, then reversed on profit taking. Anticipated sharp drop in the US visible supply supported gains while European demand and dry India weather added strength. May and July futures closed up and corn oats and hogs provided mixed support. cash quotes listed for wheat corn oats rye and other grains with Minneapolis prices noted.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States
Liverpool
Europe
Ocean
India
Minneapolis
The
Montana
New York Exchange Reopens as Prices Fluctuate on Heavy Selling
After a double holiday resumption on the New York Stock Exchange, stock prices showed irregularity with many issues moving one to four points. Call money rose from 3% to 5% as loans were called and reserve levels tightened, while time money and commercial paper stayed steady. Major gains in rail equipment names and several large industrials offset by losses in others, with Italian life leading declines in the foreign exchange market.
MENTIONED IN THIS ARTICLE
Associated Press
New York
New York Stock Exchange
American Locomotive
American Car and Foundry
Baldwin
Pullman
Lima
New Haven
St. Paul
Rock Island
Associated Dry Goods
Brown Shoe
Kresge
Loose Wiles Biscuit
Radio Corporation
St. Joseph Lead
Savage Arms
Wright Aeroplane
American Can
Beechnut Packing
Famous Players
International Business Machine
Mack Trucks
Railway Steel Spring
Sears Roebuck
Market gains. American Locomotive leads rally
Representative stocks rallied on optimistic business news with gains in American Locomotive Baldwin Dry Goods Radio and other industrials. Rails rose on New Haven and seaboard issues while Chesapeake and Ohio Erie and Nickel Plate merger plays attracted attention. Money market pressure briefly paused the advance but the general list held firm with record highs in several issues and strong performance by Associated Dry Goods United Cigar Stores and copper stocks.
MENTIONED IN THIS ARTICLE
Lauzier, Wolcott & Co
American Locomotive
Baldwin
Seaboard
New Haven
Chesapeake & Ohio
Eries
Commerce Commission
United Cigar Stores
Hypotheck Mining Company
Ajax Mining Company
Stratton Mines
Nabob Silver Lead
Neihart
Eastern
Big Seven
Great Falls
Silver Dyke Mining Company
American Zinc, Lead and Smelting Company
Duluth Flax Prices Quiet on February Market
In Duluth on February 24 the flax market showed small gains with February at 2.99 dollars, March at 3.00 and a half, April at 3.01, May at 3.01, and July at 3.01 dollars.
MENTIONED IN THIS ARTICLE
Duluth
The
Associated Press
Butter And Eggs Markets In New York And Chicago
New York reports show butter receipts at 5 485 and creamery highers at 41 42c with various grade spreads. Eggs supply 17 957 with fresh gathered extras at 34c and nearby hennery whites to 40c. cheese receipts 46 994 with whole milk flats at 24 25c. Chicago notes buttered creamery extras at 40c and firsts 36 37c with larger receipts.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Hennery
Pacific Coast
Wheat futures edge up amid mixed demand and reserves
May wheat rose to a new high on the upturn after brief dips near 1.87 to 1.89 per bushel. Trading showed a 3,172,000 bushel drop in visible supply, with May around 1.88 and July lagging, export demand slow on the seaboard while farm reserves in Nebraska and Illinois, Indiana and Missouri were modest.
MENTIONED IN THIS ARTICLE
Seaboard
Nebraska
Illinois
Indiana
Missouri
New York Money Market Reports February 24
Call money strong and high at 5 percent with a 3 percent low. ruling rate at 3 percent. closing bid 5 and offered at 3X. Last loan 5. call loans against acceptances 3. Time loans firmer with mixed collateral for 60 to 90 days at 3 percent. 4 to 6 months at 4 percent. Prime commercial paper at 3 percent.
MENTIONED IN THIS ARTICLE
NEW York Money
The
Associated Press
New York
Metal Market Prices Hold Steady Across Key Metals
New York copper remains firm at 14 1/2 to 14 3/4 cents for spot and futures. Tin stays near 57.12 to 57.37 cents, iron holds at 24.50 to 25 dollars for No 1 northern, 23.50 to 24 for No 2 northern, 21.50 to 23 for No 2 southern. Lead trades around 9.12 to 9.25 cents, zinc 7.55 to 7.60 cents, antimony 19 to 20 cents.
MENTIONED IN THIS ARTICLE
Lauzier, Wolcott & Co
Arro Oil & Refining
Barnes-King Oe
Boston-Wyoming
Butte & London
B.-Jardine
Asmt Pd
Butte-Bur
Butte & Western
Minnie Jane
Campbell-Kevin
Chappell Oil
Decker-Collins
el Arco
Glenrock
Hager-Stevenson Aee
Independence
Jardine Mining
Senereeteee
Sweetgerass
Northwest Petroleum
Stevenson-Roy
Tricity Oi
Tuolumne
West
States O. & L
E. T. Williams
Wyo
NEW York
Lauzier, Wetents
Gulf Tee
Marland Mex
Mountain & Gulf Ee
New Bradford
Red Bank Eee
Salt Creek
Sapulpa West
Wilcox
Ohio
Associated Press
Northern
Southern
East St. Souls
London Market Metals Prices Report
London market update lists Standard copper spot £65 2s 6d futures £66 electrolytic spot £706 futures £70 10s tin spot £262 10s futures £263 7s 6d lead spot £38 futures £38 15s zinc spot £37 futures £36 5s.
MENTIONED IN THIS ARTICLE
London
Associated Press
Cattle Receipts and Prices Hit Mixed Tone at St Paul
St Paul reports cattle receipts around 200 with a slow market and weak undertone though killing quality improves. Early quotes show 9.60 for 9. 48 head 120 pound steers at 9. bulk steers and yearlings around 748.25. fat stock largely 3.50 to 6.50. canners and cutters 2.50 to 3.25. bog logna bulls steady at 4 to 4.25. heavies up to 4.50. calves and feeders providing bulk 5 to 6.40.
MENTIONED IN THIS ARTICLE
ST. Paul
Associated Press
South 8St. Paul
Market Recap Livestock Prices and Receipts
Hog receipts about 14 000 with steady to strong demand and values from 9.75 to 11.25 for 200 to 300 pound butchers. bulk 140 to 175 pounds 10.50 to 10.75. sows scarce at around 10.25. feeder pigs mostly 9.50. average cost 10.83 per hundredweight for 194 pound kill. Sheep receipts about 6500 with western lambs at 16.50, natives 15.50, fat natives 7.50 to 8.50.
Denver Market Report Hogs Cattle Sheep Prices Feb 24
Denver dealers report receipts of 2600 hogs with top $11.50 and loads 195 to 225 pounds at $11.45. Cattle receipts 400 with two loads of steers around 1,300 pounds at $9.15 and cows to $6.40. Sheep receipts 1600 with fat lambs around $16.50 and Navajo yearlings at $12.75. overall activity steady.
MENTIONED IN THIS ARTICLE
Denver
The
Associated Press
Omaha Hog and Cattle Prices Report From Feb 24
Omaha market summary shows hog receipts at 14 000 with gains of 15 to 25 cents, price ranges for 200 to 300 pound butchers at 11.25 to 11.55, lighter weights around 10.50 to 11.25, feeders 7.25 to 8.50, and overall average near 11.05. Cattle receipts 7 500 with steady to higher values, butcher cows 4.50 to 7.75, veal top 11, stockers 6.40 to 7.50, and loads up to 8.60. Sheep receipts 8 000 with lambs mostly steady, best fed lambs 16.65 to 17.25, and sheep 9.10 tops. shearing lambs up to 16.70.
MENTIONED IN THIS ARTICLE
Boston
Lauzier, Wetests & Co
Bohemia
Boston Tron Cap & Montana
Ahumada Crystal
Verde Cent
Verde Mines
Mason Valley
North Butte
Old Dominion
Westin House Electric
New York Stock Exchange
United States
Liberty Let
Liberty 2d
Liberty
Proto
Emer Sereeeaee
S. Ctfs
Pominion of
Canada
French Republic
Belgium
Norway
America
Union Pe Pacific
Associated Press
Chicago
Omaha
Seattle stockyards receipts spark strong hog and cattle trade
Seattle Seattle Union Stockyards reports February 23 receipts of 500 cattle and 1 660 hogs with a very active market. Top hogs bring about 12 65 per hundredweight while prime hogs 160 to 200 pounds average 12 35 to 12 50. Choice steers run 7 75 to 3 50 and cows and heifers 6 25 to 7 00.
MENTIONED IN THIS ARTICLE
Seattle Union Stockyards
Seattle
Wash
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