Markets Hit By Profit Taking As Wheat Prices Rise
Markets rallied on hopes of larger European import needs and continued world wheat carryovers. May wheat moved to 1.90 and 1.90 per bushel with other grains mixed as traders weighed export demand and Argentine corn acreage news while provisions and oats showed varied moves.
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Chicago
Rene
United States
Outzet
Iowa
Nebraska
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Inxport
Geko
Liverpool
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Ncreate
Stocks Drift Lower Amid Cautious NYSE Trading
NYSE prices eased further with reduced volume as commissions hint at trimming long positions. United States Steel held steady near 125 while American Can rose to 16, Baldwin dipped to 131. Commercial Solvents A and B inched higher, and American Sugar Refining rallied on earnings outlook. Bear pressure hit textile shares like American Woolen. some names rebounded later. Call money opened at 3 percent, then eased to 2.5 percent as trading slowed. sterling and francs quoted modestly lower amid limited transoceanic activity.
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ORK
United Btazen Steel
American
Baldwin
Studebaker
Maracaibo
Atlantic
Colorado
Mexican Seaboard
Tidewater
Market Holds Its Own Amid Mixed Price Action
The market resisted selling pressure with buying power visible under dips. Claims by authorities about freight and crude production supported prices, while Frisco valuation rumors stirred caution. Grain and bond markets showed varied activity with limited rallies and continued foreign demand for wheat and corn.
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Lautter
Wolcott & Co
Seasion
American Railway Association
Wortham
St. Louis & San Francisco Railway
Inter- Commerce Commission
Frisco
Kansan
Dagne
Superior
Avia
North Butte Mining Company
Bouth, Syncate
North Butte Company
Chester Hoatson
North Butte
Chicago
Navy Department
Stewart Warner
Foreign Exchange Report From New York Markets
The Associated Press notes steady quotations across nations with Britain at 7 83. based rates and various country demands listed. Call money in New York eased to 3 percent on high and low bids, with short term loans and acceptances showing modest activity and prime commercial paper at 3 percent.
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Prete
New York
Great ‘Britain
Irk Bence
Belgium
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Davies
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Tast
Poultry and Livestock Prices Across Markets Report
Cattle and hog receipts and price ranges from Sioux Paul Omaha Portland Los Angeles markets. Hogs mostly steady to higher with tops around 10.60 for 160-216 lb, cattle steady to firm with some highs near 11.50 for slaughter steers, feeder activity mixed, sheep and lamb values varied with demand soft in places.
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Abe
Lowe
South St Paul
Minn
Omaha
Ansociaten
Lamba
sit@itio
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Angels
Los Angel
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Lions
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