German Purchase Aids Wheat Price In Early Trading
Wheat turned upward in Chicago after a hesitant start as scarcity of offerings and prospects of U S shipments to Europe supported prices. May 1.18 1/8 to 1.18 3/4. July 1.11 1/4 to 1.12 1/2. Corn and oats gained modestly. pork lard and ribs quoted with small moves. Minneapolis wheat prices listed with No 1 northern at 1.19 to 1.20 for May and 1.16 for July.
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New York Stock Exchange gains as foreign tension fades
Professional interests recovered from unease over foreign politics and bid up stock prices while speculators who anticipated declines covered. renewal rate cut to 2 percent for call money boosted sentiment though later marked up on a $40 million withdrawal. Foreign exchange moved modestly with German marks, French franc, and sterling fluctuating. dividend news for Clover Leaf Railroad lent strength to several railroad shares while some issues like Liggett & Myers fell modestly.
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Industry on Flint of Ful Remva During Year
After holidays, trade and industry recover confidence for an active period. Wheat cotton face liquidation but textiles and metals stay strong. wholesale trade quiet but orders ahead suggest steadiness. Weekly bank clearings at 8.23 million. commodity prices for silver, tin, lead, zinc noted. butter and cheese markets firm. eggs lower with higher receipts. Highways in England restrict crossing railroad tracks at grade.
Global Economic Signals and Reparation Debates
A fragmented OCR text discusses European finance, Allied negotiations, and potential reparations. It notes American banks and diplomats probing Europe, with U S influence likely to shape loans and repayments. It references German payability and tensions in postwar finance.
Livestock market quotes from multiple U S cities
Hogs receipts around 51 000 in Chicago with mixed price shifts by weight and category. Cattle and sheep receipts show slow to steady demand with varied quotes across Chicago Omaha Kansas City St Paul Spokane and Portland notes.
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Wool Demand and Prices in United States Markets
The Commercial Bulletin reports steady but not rising wool demand with manufacturers paying current prices. Quoted values cover Michigan, New York, Wisconsin, Missouri, New England, Texas, California, Oregon, and territory grades for fleece, pulled, and mohair, with scoured and combing baselines. Also listed are irregular foreign exchange rates for major currencies and a note on elephants’ initial tropic colic.
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