Wheat weakness and steel, grain and metal markets signal global strain
Chicago markets opened with weak wheat after Hoover's note on Germany's finances and Ruhr effects on US exports. Corn and oats rallied later as traders priced Argentine crop prospects, domestic weather, and heavy world shipments. Minneapolis grain prices held firm with No. 1 wheat at $1.16% and corn around 63% to 64% for No. 3 yellow. Metals in London and New York showed steady or lower trends across copper, tin, iron, lead, and zinc amid broader price pressures.
MENTIONED IN THIS ARTICLE
Associated
Peeve
Chicago
Germany
Onte
Hoover
Ruhr
United States
Kansas
Oklahoma
Winnives
Gartier
Associated Press
New York
St. Louis
tauster-Walea
Alice Atchman
Tentsian
Amersingar Americy Sin Iis Ca
American Car and Foundry Associated
America
Americas
Austin
Iho
Anacon Copper Minin
Jem Steel
Brooklyn
Adn
Pacife Mailway
Bo Ua
Milwaukes Ai Pai
Chesapeake & Ohio
Aon Chine
Chile
Tock Ihinna
Lifornia Petroleun
Central
Leathe
Chanaler Motors
General Electric
General Motors Ie
Ann Goodrich
Great Northern
Aoe
Greene-Cananea
Norther
Ah Asonale
Houston
Mlinois
Louisvi
Ashville
Lee Tireany Bay
Missouri, Kansas & Texan
Montgomery Ward
Miswouei Pacific
Maxwell Motors i
Seaboard
Midvale Steel
Montana
Miami
Aim
New York Central
Norrone
Berthern
PansAmerican
Egon van-American i
Royal
Nailway
Sige Spena
Ray Consolidated
Cornerine
Sears-Roebuck
Keneca Copper
Southern Pacight
Fanuthern Railway Goat
Ann Sinclair Oil
Amano Studebaker Company
Ry Tn
Brown Steel
Stromberg Caburetor Iy Co
Texan
Ian Tennenee
United States Steel
Tin
Virginia Chen
Ahi Boo Vanadium
Ann White
Lima Ait
Wertinghouse
Willys
Liberty Bonds
Flrat Liverty
Liberty
Leberty
Victory
Unfavorable abroad dampens stock trading in New York
The Associated Press reports a spotty market with some industrials rising on strong earnings while others fall on weekend profits. European finance shows lower foreign exchange rates as Ruhr developments weigh on sentiment. Consolidated Gas leads activity, with mixed moves across industries and subdued money markets.
MENTIONED IN THIS ARTICLE
Associated Press
New York
European Financial Community
Ruhr
France
Studebaker
Baldwin
Bethlehem
Res
Crucible
Gulf
Sater
United States Steel Common
Baltimore
Ohio
Southern Railway
Frisco
Lackawanna, Delaware & Hudson
Reading Frst
Jersey
Cerral
Business on Up Trend First Month of Year
The Associated Press reports January shows stronger business activity with broadened orders and higher prices. Demand is up while production costs stay high and labor shortages affect deliveries, causing some firms to withhold offerings and limit commitments. Weekly bank clearings reach $6,775,155,000.
MENTIONED IN THIS ARTICLE
Associated Prep
New York
Dan's
Dan
Copper and Cotton Markets Show Mixed Day in Steady Session
Domestic sentiment held firm as copper shares advanced while standard stocks lagged. Buyers pressed for large blocks of copper with prices near 14 1 2 cents and bids at 147 1 2 cents. In the Kevin Sunburst field 110 derricks show increased production after shooting and cleaning. Cotton prices fell to session lows with heavy selling, though a late wheat rally occurred on talk of an international conference and United States intervention.
MENTIONED IN THIS ARTICLE
Laurier-Wolcott
Sentiment Butte Copper and Zinc Company
Kevin-Sunburst
United States
Livestock market report from Chicago shows mixed hog and cattle prices
Hogs receipts 27 000 with bias toward steady to 10 cent gains on lighter weights and top hogs at 8 20 early sales from 225 to 300 pounds. Beet steers steady to strong with some over 10. sheep with fat lambs steady to fully steady. cattle receipts 2 700 with fed steers 7 25 to 9 0 and veal tops near 1.00.
MENTIONED IN THIS ARTICLE
Chicago
Associated Prev
United States Department of Agriculture
Wik
Lausier-Wolcott Ico
American Tenningsno Te Apex Petrole
Afro Oil Fe
Beaverhead
Tnaian
Heston
Wyoming
Kevin Soln Chappe
Con 'Roy
Faye Helle
A Petroleum
Glenrock Wyo
Wentern
Toni
Er Stevenson
Eunburaton
Kinney
Merrit
Mike ‘Henry
Mont Nachan Mont -Sweetgra
Ain Pra
Vans Dusen
Weowna
Willams
Spokane
Lauri Wolcott
Co American Com
Galena
ST. Paul
Associated Press
Berateh
Grav
United States Department of Agri
South ST. Paul
Minn
Jan
Market Receipts and Prices Reported for Cattle Hog Sheep
The Associated Press report from Denver Portland and Spokane notes cattle, hog and sheep receipts with mixed bids and steady markets. Prices range for cattle calves and cows, hogs and sows, and sheep with lambs, noting fluctuations and regional differences.
MENTIONED IN THIS ARTICLE
Associated Pree
Denver
Col
Portland
Associated Pres
Wool Prices Rise as Markets Expect Strong Business in 1928
Boston reports the Commercial Bulletin will note higher opening prices for heavy weight wool in the 1928 season, with early lines withdrawn and repricing likely. London prices show gains, mohair stable, and primary markets moving stocks quickly as the wool trade anticipates robust business.
MENTIONED IN THIS ARTICLE
Boston
Commer
Ad Vaness
Lon-don
Liverpool
Wisconsin
Texas
California
Middle County
Oregon
Delaine
Also Mentioned on This Page
Minneapolis Graln
Asociated Press
Minneapolis
Pacific Coast
Porpign Exchange
Necocrmees
Great Britain
Italy
Belgium
Norway
Sweden
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Switzerland
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Greece
Brazil
Montreal
London
The
Jar
NEW York Stock Exchange
York Ponds
Stock Exchange
Canada
Republic
Tia Sae
Kingdom of
Helgium Igof
Hetliuin
Armour &Co, Tie and Telegraph
Bethlehem ‘Steel
Bethlehem Steel
Burlington & Quincy
Milwaukee & Stul
Goodyear
Roar
Grand "Trunk Railway i
Grand ‘Trunk Tallway Canada
Northern
Iscour
Kansas & Bexad
Iesourt Pacific General
Montana Power Is Afl
New York Central Debenture
Northern Paciie Pr
Hien Bai
Ay Grewon Shore
Gtd
Cortineates
Ae Gas
Org
Westinghouse Electric
Laues Wotcott
Aia
Arizona
Calumet
Ari
Calumet & Hee
Centennial Sts
Copper” Ranke Ant
Davis-Daly
Rast Butte
Granby
Greene Cananes
Helvetia Hancock
Isle Trovaie
Kerr Lake
Keweenaw
Maron ‘Alley
Mehtaity Monawicsa
Arain
Sick Bay North Lake
Ohtowa
Domistor
Osceola
Quincy
Shannon
South Lake
St Mary
Superior Anterior
Tionion
Smetecon
Ate
Utah
Apex Utan Son
Winona
North Butte
Lausier-Wolcott Co
Bingham A
Ray
Boston & Bante Londen
Oo Butte
Alaveras Ayen
Calumet & Her
Eureka
Nixon
Cornelis
Douglas
Oneco
Herennes
Mamtu
Miami ‘Party
Ehea
I United
Kansas Erry
York
Lausier-Wolcott Coston & Montana Wi
Alumets& Jerom
Cresson
Unites Verdesx
Logan & Brise Board of “Trade
Duluth
Weard” of
Cha ‘Winniner
Lauzier
ST Drug
S. S.S. Wens
First National Bank OF
Butte, Montana
Andrew J. Davis
B Stephenson
George WA. Mill
Andrew J. Davis Jr
W. J. Forsythe
Raiders
Metals Bank and Trust CO
Clark Sana
Ross Clark
Clark & Bro
Alex
Jonns
Caster Dereste ‘Aueman
EJ. Darker
Butte
Ublish
DR. Lamb
E. Galena, Butte, Mont
Pierce-Arrow
Anaco
Starage
Anaconda Gresson
Conda
United States Mall
Drummond
Helmville
Ovando
No. 4
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