Markets Mix as Heavy Selling Dampens Wheat Prices
The Associated Press reports a sharp market decline in Chicago grain markets after heavy selling. Early gains faded as Liverpool quotes slipped for May wheat and Argentine and U.S. wheat prices narrowed. Cash wheat and corn prices varied, with gluten meal costs dropping for a large industrial user. Provisions fell with grain weakness, and corn movement to terminals appeared to rise.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Liverpool
New ‘York
United States
Porta
Wall Street Stocks End Mixed Amid Heaviness
New York stock prices closed in a cautious mood after a period of heaviness sparked by irregular closing quotes. Major industrial and railroad issues posted small gains while some leaders in the steel group and other sectors rose on favorable trade news and expectations of higher mill activity and strong earnings outlook for the year ahead.
MENTIONED IN THIS ARTICLE
Associated Press
New York
United States
New Wortland
Rau Street
Bear Tore
St. Joseph
National Bank of Commrce
Mutual Oil
Wall ‘Street
Continental Oil
Mutual
Lauzier, Wolcott & CO
Spokane
Walla Walla
Butte
Billings
Missouri
Chicago Board of Trade
Curb Kane
Galt Lake
Shrinkage in Transactions Shapes Market Tone
Market notes show intermittent sagging in lists with a tendency for transactions to shrink on price recessions. Iron Age highlights strong mill operation and ample material flow. United States Bel Corp sets stock offer at 125 a share, spurring buying. Wortham oil output falls to 6.9 percent of U.S. production amid rising crude and gasoline demand. outlook improves. Wheat and grain markets dip, with Liverpool gains offset by domestic pressure. corn and oats face selling and approaching export demand.
MENTIONED IN THIS ARTICLE
Lauzier, Wolcott & Co
Iron Age
United States Bel Corporation
Nelling
Chandler
Motor Group
Marland
Phillips Petroleum
Pacific
Standard Oil
Worham
Wortham
Liverpool
High Point
Seaboard
Montreal
Chicago
Foreign exchange and money rates in New York
Foreign exchange quotations from New York on January 21 show demand and cables rates for major currencies including Great Britain France Italy and Germany. Call money rates ranged from 2 to 3 percent with short term loans and prime commercial paper at 3 percent. Bar silver prices quoted in Mexican dollars and standard ounce terms.
MENTIONED IN THIS ARTICLE
Associateu
New York
Great Britain
France
Italy
Belgium
Cabies
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Argentina
Brazil
Montreal
The
Associated Press
Vondon
Livestock Market Report From Chicago St Paul and Omaha
Hogs and cattle prices across major markets show varied demand with steady to lower undertones. Chicago toad lots midweek activity for hogs at 8.50 to 11.60 per hundredweight and cattle mostly steady to lower for heavy to light weights. St Paul reports slow fat lambs and mixed cattle trends. Omaha notes similar weak to steady tendencies with calves steady to higher in some classes.
MENTIONED IN THIS ARTICLE
ST. Paul
Associated Press
South St” Paul
Minn
Record of Midwest and Pacific northwest livestock market notes
Denver market reports show mixed cattle prices with steady to higher trends for veal and steady stockers, several price ranges for bulls and canners, and strong sheep receipts around 800 to 2000 head with lambs at 17 to 18 dollars. Portland notes indicate steady hogs and varying cattle prices, with yearling wethers around 10.50 to 13 and ewes from common to choice, receipts around 600 to 900 heads.
MENTIONED IN THIS ARTICLE
Denver
Portland
Associated Press
Ore
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Ainneapolis
Ansoela
Minneapolis
Pevern
Duluth
Andy
NEW York Stock Exchange
Eekly
Crea
Apwara
Tion Hng
Centerea
Wstern
Ged
Tausie
Garthwoundry
Aa ‘Chemical
Bea Ae
Sonic Redlity Houthern
Gueld Makma Cope
Montana
Northern’ Pacific
Nicnamel Tay
Consolidated Cooper
York
Lausier, Wolcott & Co
Aaxea
Atro Olt & Refining
Cocone Boston
London
Aumi Pame
Tte & Wei Ié
Catinnte Camieicevin
Petroleum
Glenrock
Stevenson Mestake
Neihart Northwest Pe
oFtellar
Fevenson
Ftoy
Tyolum
Will
Wolgatt & Co
Anica
Galedgnie Jeror Cremon
Davi
A Hawthorne
Daly
Aie
Ain Comics
Nevada Hills
Nipissing Owl Copper
Dougian
Florence Gladstone Wie
Guelph
Imre
Jim
Maran
Richmond Rambler Caribou
Sherman Tead
Stratton
Tamarack
Indiana
Launler
Wolo & Co
Asko
Ronemia Oo
So Jurte & Landon
Chinveras
Republi
Kingdom of Belgium
America
Thermacia
Renero
Houghton
Majestic Baio Coy
Miami
Boston & Money
Vaines
Shea Monican
Trinity
Uline
Associaseabvent
Arly
Omaha
Associatedrees
Metals Bank & Trust CO
Butte, Mont
Charles J. Kelly
James E. Woodard
James T. Finlen
R. W. Place
TL. Tral
HJ. Burke
Sre
Los Angeles
Texas
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