Wheat declines as foreign selling leads rout in markets
Foreign selling pushed grains lower with wheat leading declines across contracts. May and July futures dropped while corn and oats also eased as investors weighed wartime and debt funding news. Butter and eggs held steady in New York trade as money markets showed steady rates and ample availability.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Pras Alven
Liverpool
Senate
Pric
Sears
Stock Market Sags Amid European Uncertainty
New York stocks opened weak as buyers hesitated awaiting European developments. Large operators covered losses, sparking a late rally in Baldwin, Studebaker, and California Petroleum while industrials fluctuated. Call money held near 4 percent. sterling slipped to about 4.64, francs and marks fell, signaling cautious sentiment in a dull session.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Igre Igine
Ruhr
Baldwin
Studebaker
California Petroleum
Chicago
Eastern Illinois
Great Northern
Necterea
Inois Central
Pacine
Peoria & Eastern
Wheeling & Jeres Erle
Burke
Tme
Cattle Hogs and Sheep Prices Across Markets Reported
Livestock market results from Chicago Kansas City Omaha and other hubs show receipts in the thousands for cattle hogs and sheep. Prices vary by weight and grade with slow to active demand and noted top and bulk ranges across regions and firm to lower trends in varios markets.
MENTIONED IN THIS ARTICLE
Tment of
Agriscure
Chicago
Jan
Hoxs
Kansas Cry
Associated
United States Department of Agriculture
Kansas City
Omama
Frese
Omaha
ST. Paul
Associated Provinion States Department of Agriculture
South ST. Paul
Tony Bio
Outside Demand For Stocks Dims Amid Foreign Tensions
Outside demand for stocks remained light as traders watched the foreign political situation. The Anaconda Copper Mining bonds were heavily oversubscribed while Chile Copper reported record December output and rising costs. Bethehem Steel’s European rep noted American steel orders are hard to book due to exchange fluctuation and aggressive bids from Belgian and German competitors.
MENTIONED IN THIS ARTICLE
Lauzier-Wolcott
Anaconda Copper Auning Company
Tional City Company, Guarantee Company
Anaconda Copper Mining Company
Chile Copper Company
New York
Is Copper Company
Wusiness Holding
Weil
Col. Robinson-Embury
Bethehem Steel Company
Europe
Belsium
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Stein Moston 1 Butte: York 30 Parnes Ing. Ie
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Ished
DR. Lamb