Values Lifted by Demand for Grain
Wheat prices rose sharply on persistent buying by commission houses amid heavy profit taking and mixed crop reports. May and July futures climbed while corn and oats showed mixed moves. cash grain quotes and livestock values followed market trends as winterkill and dry conditions affected several Kansas counties and Texas rainfall concerns persisted.
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Associated Press
Chicago
Kansas
Manhattan
Kan
Hayes
Platte River
Texas
India
Sannapeenres
New York Stocks Dip Then Rally On Rediscount Rate Move
The market opened lower as the New York Federal Reserve raised the rediscount rate to 3.5 percent, with bear selling and scant liquidity. After a rally from lows, call money rose to 5 percent and late trading turned down again, closing irregularly lower with select motors showing strength on rising production hopes.
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Associated Press
New York
New York Federal Reserve
Maxwell Motors A
Jordan
Gardner Motors
Pivotal
Baldwin
0. S. Steel
General Electric
Famous Players
Pan- American
Western Pacific
Canadian Pacific
St. Paul
Rock Island
New Haven
Southern Pacific
Union Pacific
Northern Pacific
Norfolk and Western
Lehigh Valley
Colorado
Southern
London Cables
Bank of England
Rediscount rate rise spurs market testing and gains
The unexpected rise in the local federal reserve rediscount rate tested stocks but they withstood the selling. Advances in motor shares and shipping stocks signaled spring speculation and growing business activity while lead and zinc concentrates from Butte & Western Mining moved toward planned shipments and mill expansion. The federal circuit court upheld a Chile Copper tax refund of 269,710 dollars.
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Lauzier
Franklin Company
American Brass
Butte & Western Mining
East Helena
American Smelting and Refining Company
Federal Circuit Court
District Court
Chile Copper Company
Butter and Egg Prices in New York Market Report
Butter markets show strength with receipts totaling 13 550 pounds for creamery items and 41 581 for fresh gathered grades. Creamery extras reach 43 cents, with various firsts and seconds priced between 28 and 42 cents. Cheese firm with 80 756 pounds on hand and ghee and whole milk flats noted in limited figures.
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Associated Press
New York
Nnery
Hennery
Pacific Coast
Market Wrap: Corn Holds Narrow Range Amid Wheat Rally
Pool closed 1 4 to 3 percent higher with corn unsettled and trading in a narrow band. Wheat movements pulled corn toward the close, while cash grain and shipper activity suggested firmer basis despite no major cash shifts.
New York Money Rate Report
New York money markets show call money strong and high at 5 percent with a 4 1/2 to 5 percent ruling rate. Call loans against acceptances are 3 1/2 to 4 percent while time loans firm with mixed collateral for 60 to 90 days at 3 to 4 1/2 percent. Prime commercial paper noted at 3 to 3 1/2 percent.
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NEW York Money
The
Associated Press
New York
Call Money
Foreign exchange firm quotes in cents
New York February 27 foreign exchange firm in cents. Great Britain demand 4.75 % cables 4.75 60 day bills on banks 4.72 France demand 5.14 cables 5.16 Italy demand 4.05 cables 4.06.
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Foreign Exchange
The
Associated Press
New York
Great Britain
France
Italy
Bar Silver and Mexican Dollar Rates Across Markets
New York reports bar silver at 68 3 4 cents per ounce and Mexican dollars at 52 1 2 cents. London quotes bar silver at 32 1 2 pence per ounce and money at 4 percent.
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The
Associated Press
New York
London
Metal Market Briefing From New York Trade Desk
Copper dull with spot and futures at 14 and a quarter cents. Tin easy at 56.37 cents spot and 56.62 cents futures. Iron steady. Lead easy at 9 to 9.25 cents. Zinc easy in East St. Louis at 7.35 to 7.42 cents. Antimony at 18.50 cents spot.
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The
Associated Press
New York
East St. Louis
London Metals Prices Reported for Feb 27
London metals page shows standard copper spot at £64 10s and futures at £65 76 6d Electrolytic copper spot £69 6s futures £69 15s Tin spot £258 7s 6d futures £261 7s 6d Lead spot £138 2s 6d futures £36 10s Zinc spot £37 futures £35 10s.
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London Metals
The
Associated Press
London
Sugar Prices Hold Steady as Futures Stay Steady
New York sugar markets show firmer inquiry with prices flat to up 10 points. Refined granulated ranges 6.00 to 6.10 cents with one refiner at 5.90. Futures nominal. Closed steady with 65,150 tons traded. March 2.96, May 3.05, July 3.22, September 3.35 cents.
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Associated Press
New York
Chicago Livestock Prices and Receipts Report
Chicago market notes show hogs at 29,000 receipts with mixed changes up to 25 cents, top hogs at 12.40, feeders and sows varied. Cattle receipts 4,000 with steady to higher prices for light and shipping-type cattle, calves and yearlings trading around 8.75 to 12.00, cows weaker on some lots. sheep and lambs present with fat sheep and yearlings priced, market activity described as uneven and regional.
Wool Market Report Notes Rising Lamb and Ewe Prices
The market shows strong demand for ewes and lambs with bid quotes around 8.76 to 9.50 per unit and top bids near 9.75. Feeding lambs are scarce, with ceilings near 17 to 17.25, while overall prices remain firm across categories.
Omaha Livestock Prices Dip and Rise on Mixed Trade
Omaha reports for February 27 show hogs with receipts of 15,000 and mixed gains up to 50 cents for light and underweight hogs, top at 12.10 while 160-300 pound hogs bring 11.60 to 11.86. Cattle receipts 1,700 with steadier to higher values across killing classes, steers and yearlings 8.25 to 10.00, cows and heifers 4.75 to 7.75, veal top 11.25. Sheep receipts 9,500 with lambs weak to 15 cents lower, bulk 16.60 to 16.90, top 17.00, sheep steady.
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Maxwell Motors
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ton-Wyoming
London
al B.jardine
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de- Davis-Daly
East Butte
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Ad Bon United States
Liberty
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Associated Press
Cattle and hog prices from St Paul market report
ST PAUL Minn Feb 27 Associated Press cattle 2100 head active firm run largely steers yearlings top calves $10.50 10.75 fat cows 3.75 5.25 fat heifers 5 6.75 canners 2.75 3.25 stockers light supply steady calves 15 top sorts to packers 10.50 10.75 hogs receipts 7500 slow around tie higher butchers 11.75 11.90 lighter weight 7 11.50 sow prices 10.75 11 pigs scarce 10.25 average cost Thursday 11.37 weight 206 sheep receipts 1000 fat lambs weak to 25c lower two doubles 76 78 pounds 16.75 two doubles direct to packers sheep scarce steady
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Chicago
Associated Press
ST. Paul
South ST. Paul
Minn
Portland Market Briefs From February 21
Portland, Feb 21. Hogs steady with 150 head received. cattle receipts 90. sheep steady with 65 received. No notable price changes reported. market activity quiet as traders monitor regional demand.
Spokane Market Report Condensed Freeze
Spokane Feb 27 cattle receipts 26 steady hog receipts 140 steady sheep receipts none steady subdued market tone. cattle hogs and sheep activity described with no price figures.
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Spokane
Associated Press
Seattle Market Cattle and Hog Receipts Report
Seattle stockyards activity reports receipts of 600 cattle and 1000 hogs with strong demand. Top hogs fetch 12.65, prime hogs 12.35 to 12.50. choice steers range 7.75 to 8.50. choice cows and heifers 6.25 to 6.?. Adv unclear. Market remains active amid brisk buying.
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Seattle
Asien Stockyards
Wash
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