Wheat market rallies on European demand but overall declines persist
Chicago and Minneapolis market notes show wheat closing near top of intraday range after European exchange strength offsets earlier declines. May and July prices range around 1.16 and 1.11 dollars respectively, with corn easing and oats firmer. Butter and eggs move little, pork and lard steady, while local prices in Minnesotan and city markets reflect mixed signals.
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Rese
ICAGO
European Exchange
Dees
Jeanne
The
Associated Press
Market Moves Up and Down on Copper and Grain News
Market activity mixed as early foreign exchange strength lent support while lack of broad buying slowed gains. Copper output at Tennessee Copper and Chemical remains at capacity with strong prices. cotton futures hit new highs on strong English markets and potential crop adjustments. Cattle and hogs at Kansas City show mixed demand with steady to higher bids for steers and slower hog trade. lambs and sheep also steady to modestly higher.
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Lauzier-Wolcott Co
Tennessee Copper and Chemical Corporation
England
France
American Smelting & Refining Company
Roger W. Straus
Hamilton M. Brush
F. R. Raif
Straus
Hayden, Stone
Department of Agriculture
Foreign exchange rates in New York on January 23
The New York market quotes firmer foreign exchange with figures for Great Britain Italy France Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czecho Slovakia Argentina Brazil and Montreal. Rates shown include cables and 60 day bills on banks.
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New York Money Rates Firm With Call Loans Cited
Call money firmer and higher at 5 percent, closing bid 4.5 percent, last loan 5 percent. Call loans against acceptances 3 percent, time loans steady with 60 to 90 days at 4 percent and 4 to 6 months at 4 percent, prime commercial paper at 4 percent.
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NEW York Money
The
Associated Press
New York
Foreign and London Silver Prices Dip on Jan. 23
Foreign bar silver at 66 2/3 cents, Mexican dollars at 50 cents. London bar silver at 32 1/2 pence per ounce. Money rate at 1 1/2 percent.
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Associated Prec
New York
London
Copper, Tin, Iron and Lead Market Notes
In New York on January 238 copper quiet at 14 cents spot and futures. Tin firm with spot and nearby at 40 and futures at 39.50 dollars. Iron steady. Lead steady at 8 to 8.25 cents. Zinc quiet in East St. Louis at 6.80 to 6.85 cents for spot and near deliveries. Antimony spot at 8 cents.
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Butte
Barnes-King
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Canada Copper Calumet & eeEyEne i
Coppermines Crystal
Davis-Daly
Wash
W. Power
Western Union
Richmond
Lautter- Preaaete Co
Roston & Montana
Calumet & Jerome
Cresson
London Metals Prices Reported for Standard Copper and Tin
London metal prices show spot and futures for several metals on January 23. Copper leads with spot £64 17s 6d and futures £65 Sead. electrolytic spot £71 10s, futures £71 15s 8d. Tin spot £183 17s 6d, futures £185 7s 6d. lead spot £27, futures £26 15s. zinc spot £35 5s, futures £33 5s.
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London Metals
London
Lead price moved up by Ameri can Smelting Co
New York January 23 price of lead advanced from 7.75 to 8 cents per pound by the American Smelting and Refining Company.
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New York
American Smelting and Refining Company
New York Stock Market Opens Strong on Turbulent Day
Prices opened solid, rose to mid afternoon, then firmed with final quotes higher. Call money 4 to 5 percent, Turkish rejection of British Mosul oil plan, Fisher Body stock dives 203 to 162 then 172. Rubber prices rise to 27 cents, rail shares accumulate, Dow broad gains with several industrials up.
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Livestock Markets Report From Chicago and Omaha
Chicago hogs and cattle show mixed movements with steady to firm trends. Hog receipts 53 000 with light hogs easing to 8 8 75 while heavy and packing hogs run around 8 3 8 70. Cattle receipts 8 000 with beef steers and heifers up to 11 50 top. cows and bulls higher. veal calves 10 50 11 75. Omaha hogs receipts 15 000 with early light and light butchers about 2 40 to 8 50 top.
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Associated Press
U. S. Department of Agriculture
Chicago
Omaha
Packer Market Steady on Beef and Veal Prices
Cattle receipts 8,500 with better grades up 10 to 15 cents. Top steers at 1,525 pounds averaged $10.85, veals firm with packer top $10.59, stockers and feeders up 10 to 15 cents. Sheep receipts 2,000 with killing classes steady to strong. bulk lambs at 14.50 to 14.75, top 14.85, feeders strong with early sales 14.50 to 14.60.
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Associated Press
U. S. Department of Agriculture
Kansas City
Market reports from St Paul Denver Portland and Spokane
United States Department of Agriculture notes cattle receipts around 20 000 in St Paul with steady to higher prices for fat cattle and calves. hogs 14 500 down 10 to 15 cents. sheep steady with best native lambs around 14 to 14 60. Denver shows cattle steady to 15 cents lower, hogs up to 10 cents, sheep 25 cents higher. Portland reports steady cattle and hogs with minor changes. Spokane cites steady markets across cattle hogs and sheep with unchanged quotations.
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The
Associated Press
United States Department of Agriculture
South ST. Paul
Spokane
Associatedress
Beavers Busy Flitting Logs on Eastern Greek Creek
Beavers are seen along Rock Creek ten to twelve miles above Red Lodge in Eastern Montana, cutting quaking aspen trees for provender in the fall. Ben Greenough, Beartooth Forest mountaineer, notes unprecedented midwinter activity and wonders if it portends any future weather significance.
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Rock Creek
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