Grain Breaks Roil Markets In Chicago Pit
Prices for wheat corn oats and provisions declined as stock market weakness and bearish grain outlook comments from a leading operator weighed on sentiment. Wheat led losses with substantial drops from the day’s highs while North American export demand faltered and Argentine exports rose. Minneapolis cash bids followed suit for grains and ores.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
New York
Boston Wool Market Advances with Higher Fleece Values
The Associated Press reports a strengthening fleece wool market in Boston. Ohio fleeces sell 50c grease with 49-50c averages for fine to choice wool, clean 64s to fine fleece wools $1.15-$1.20 per pound, combing bloods 56s and 50s grade 49-50c grease, 50c choice. New York cotton futures end steady to 16-21c lower, with January at 19.10c and spot middling 19.60c.
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Boston
Associated J’ress
Ohio
Associated Press
New York
Market Shocks as Loans Hit Records and Prices Drop
The stock market fell sharply on heavy selling after record- high member loans were reported. Declines in many leading issues ranged from two to six points, with some high price stocks dropping more before a partial rebound on lower call money.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Stock Exchange
New York Federal Reserve
Midland Steel Products
Greene Cananea Copper
Abitibi Power
American Machine and Foundry
American Radiator
Borden
Calumet & Arizona
International Harvester
Otis Elevator
Russia Insurance
United Drug
United States Steel
General Motors
Adams Express
Austin Nichols
International Match
Jones Brothers’ Tea
Westinghouse
Montana Bond Listings and Western Livestock Quotations
New York closing quotations on bonds reported in New York Stock Exchange. In Seattle cattle receipts none steady hogs receipts 221 steady and sheep none. In Spokane cattle receipts 68 cows up 50 cents with good grade 7.50 to 8.50, common and medium 5.50 to 7. Hogs receipts 537 steady. Sheep receipts none feeder lambs up 50 cents to 11.12.
MENTIONED IN THIS ARTICLE
Associated Press
New York
New York Stock Exchange
Seattle
Spokane
Copper and tin steady as metals markets close
In New York on January 5 copper remains firm with electrolytic spot and futures around 14.00 to 14.12. Tin is easy with spot and nearby at 56.62 and March at 56.50. Iron and lead hold steady, zinc steady in East St. Louis at 5.65, antimony at 10.87, quick silver quoted at 126.
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Ahamada
Allied Chemical
Alliec Halmere
American Bosch
Zug American International Corporation Esees
Sumatra
American Telephone & Telegraph
Anaconda
Ae Nichols
Baldwin
Baltimore & Ohio
A. l? Lia
Fethlehem Steel
Hutte & Superior
Ne Butte Copper and Zinc
Callahan Zinc
California Petroleum
Calumet & Arizona Er
Calumet & Hecla
Canadian Pacific
Cerro de Pasco
Chandler Seers
Chesapeake & Ohio
Chicago Alton
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Chicago
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Colorado Fuel & Iron
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Continental Motors
Goa
Cuba
Davison Chemical
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Holy Hon
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General Motors
Goodrich
Enee
Great Northern
Great Western
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Hudson Motors O
Hupp
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Eae
International Merchant Marine
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Kansas City
Kelly Springfield
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Loews Inc
Manhattan
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Missouri
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Missouri Kamsas
Texas
Missouri Pacific
Montgomery
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Moon Motors
Mother Lode Coalition
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Nevada
New Haven
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Farge
Detroit Motors
Paramount Famous Players
O. Seeee
Pennsylvania
O. Sete
Phillps Petroleum
Pierce Arrow
Rene Ena
Radio Corporation
Bae Iron and Steel
J Reynolds Tobacco B . Seem
St. Joe Lead Ae
St. Louis
San Francisco
Fee Ewes
South Western
Schulte
Seaboard
Sears Roebuc
Ete
S'mms Petroleum
Sinclair
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Southern Pacifice
Southern Railway
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Standard Oil
California
New Jersey
Stewart Warner
Studebaker
Wees Heeee
Tennessee Copper & Chemical
Texas Corporation
Texas Pacific Oeeree
Texas Pacific Land Trust
Union Pacific
United States
Warner Bros
Western Pacific
Westinghouse Electric
White Motors
Ates
Willys-Overland Conserens
Woolworth
Wright Aero
Associated Press
New York
East St. Louis
Logan & Bryan
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Lila Checker Cab
Lehigh
Carib
Mexico
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Nail Drive
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Prince Consereee
Silver King Coal Eeeres
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Seeenee
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Tintie Standard Ac
Walker Mining
West
Toledo
Fall River
Rico Argentine Ag
New Quincy Eee
North Lily
West Gold
See
Alta
Bingham Metals
Tintic Central
Seema Metals Market
Cattle and Hogs See Mixed Movements Across Midwest Markets
Livestock receipts in South St Paul and Chicago rise with cattle steady to higher on light weights and bulls, hog bids weaken. Denver and Omaha report mixed results with steers uneven, hogs mostly lower, while lambs firm in some regions and ewes steady.
Market Comment by Logan and Bryan on New York Stocks
The market opened a reactionary session led by United States Steel and General Motors. New Haven and Certain-teed Products were strong, Green Cananea and Midland Steel Products traded thinly before rallying. Pan-American issues rallied despite fresh selling as brokerage loans remained high and Dodge Light Six sparked talk of competition.
MENTIONED IN THIS ARTICLE
New York
United States Steel
General Motors
Green Cananea
Midland Steel
New Haven
Dodge Motor Company
Wheat and corn markets falter amid profit-taking
Chicago reports show a pullback as a promising wheat rally faded after free commission house selling and a Cutten interview. Cash markets stay firm for flour and milling demand. Argentina ships freely while Russia and Danubian regions offer little. Corn weakens after early gains with light receipts and steady export bids. oats and rye weaken with no new trade.
MENTIONED IN THIS ARTICLE
Chicago
Free Commission House
Argentina
Russia
India
Black Sea
Flour and Bran Prices in Minneapolis Trade Note
Minneapolis Jan 5 Flour in carload lots quoted 7.55 to 7.65 a barrel for 98 pound sacks. Shipments 44,729 barrels. Bran at 30.25 to 30.50. Flour 100 higher.
MENTIONED IN THIS ARTICLE
Associated Press
Minneapolis
Foreign Exchange Rates Fall and Rise in Early Markets
Foreign exchange in New York shows irregular quotes on January 5. Bank rates for Great Britain run around 4.877 and 60 day bills near 4.88 while France bids 3.934 and cables 3.932. Italy quotes 5.28 with cables 5.281 and Belgium around 13.96.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Great Britain
Italy
Belgium
Butter and bar silver prices and receipts in Chicago and New York
Butter markets report higher prices with 5,902 tubs received. Creamery extras at 50 2 to 50 1/2 cents, standards 47 cents, extra firsts 47 1/2 to 49 cents, firsts 42 to 44 cents, seconds 37 to 40 cents. Bar silver in New York closes at 57 1/2 cents per ounce with Mexican dollars at 55 1/2 cents.
MENTIONED IN THIS ARTICLE
Logan & Bryan
Minnic Apolis
Montana
Associated Press
Chicago
The
New York
Poultry Market Recap Chicago Jan 5 1920s
Poultry alive firm receipts six cars fowls 219 27c springs 217 28c turkeys 257 28c roosters 18c ducks 18 23c geese 20c. Eggs receipts 3 011 cases unchanged.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
Potatoes Receipts and Prices Update
Department of Agriculture reports 28 carload receipts on track with total U S shipments 549 cars. Prices remain unchanged as market activity continues.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
United States Department of Agriculture
U. S
Portland cattle and hog market report
Portland Oregon January 5 cattle receipts 50 steady to strong medium grade steers 11 dollars per cwt medium to good heifers 9 9 9 50 few cows 8 65 others 7 25 down good to choice steers 11 13 hogs receipts 285 all on contract nothing offered for sale sheep receipts none market nominal
MENTIONED IN THIS ARTICLE
Denver
Associated Press
United States Department of Agriculture
Arizona
California
Omaha
Portland
Ore
Call Money Rates Gather Steam in New York Trading
Call money advanced with higher bids and a stronger tone in New York. Ruling rate held at 4.15 percent, closing bid 4 percent, time loans steady. Mixed collateral including 60 to 90 day notes and 4 to 6 month papers cited with prime mercantile paper at about 3 to 4 percent.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Train wreck tragedy inspires defiant last line
An exhausted traveler among two authors during a wreck fears death and tells his friend goodbye. The friend pleads to keep the sentence intact and complains about ending with a preposition, adding a touch of humor to a grim moment.
MENTIONED IN THIS ARTICLE
Tom
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