Market and grain rally hits new high in wheat futures
WHEAT rose to record highs amid strong May delivery demand as U S farmers and brokers pushed prices higher. Winnipeg and Chicago reports show decisive buying by commission houses with the May delivery leading the advance. Nearby oats and corn also advanced while butter and eggs prices moved lower on light stock.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Winnipeg
Duluth
Stocks Rally on Oil Gains and Wheat Jump
New York stocks rose led by oil shares during a broad advance in heavy trading. Reports of lower production in Wortham field and rising gasoline and crude prices boosted sentiment while steel and carload data supported gains. Nash Motors surged, others like United States Steel and Baldwin advanced, and call money held steady around 3.5 percent amid firmer foreign exchange.
MENTIONED IN THIS ARTICLE
New York
Inallen
New Wortham
United Sates Bisel Corporation
United States Steel Common
Baldwin
American Can
Gu Pacific
Tidewater Oil
Lehigh Valley
Erie Iatien
New York Central
New Haven
Southern
Pacife
Wabash
Atlantic Coast Line
Colorado
Lackawanna
Delaware & Hudson
Denver & Tio Grande Western
Forestand Sterling
Wall Street Briefs Signal Mixed trading on steel and oil
Speculative traders expected a rebound after steel directors did not raise the extra dividend. Mon houses remained bullish on stocks, while Radio fell to new lows. Shell Union Oil earnings spurred talk of higher dividends, and International Petroleum showed heavy drilling in Colombia. Wheat trading was buoyant with May wheat above 2, and foreign markets, including Liverpool and Winnipeg, showed strength amid news of strikes settled and rising demand for cash corn and provisions.
MENTIONED IN THIS ARTICLE
Lausler
Wolcott & Co
Steel Corporation
Wall Street News
Shell Union
International Petroleum Company
Tropical ‘Oil Company
Infantas
Colombia
Winnipeg
Liverpool
Russia
America
Minneapolis
Cable
New
Foreign Exchange and Money Rates Reported in New York
New York January 34 reports steady foreign exchanges with quotes for Great Britain France Italy and other nations in cents and percentages. Call money in New York ranged from 3 to 3 and a quarter percent with limited borrowing. Copper prices remained steady with electrolytic spot near 14 and futures near 15.
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Associated Press
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Caecho-Slovakia
Jugo-Bravia
Auririac
Argentina
Brazil
Montreal
Demant Ai
Anmciated
Poe
Tin and metal prices steady with mixed spot and futures
Tin futures steady with spot and nearby prices near unchanged. Lead remains steady at 10 cents spot. Zinc shows steady levels in East St. Louis with spot and futures around 7.650. Antimony spot listed at 16.760. London market quotes appear scattered with mixed futures readings and a range of small changes.
MENTIONED IN THIS ARTICLE
St. Louis
Market Cattle Hog and Sheep Quotes From Midwest and Pacific Regions
Cattle receipts in St Paul and South St. Paul reach into the thousands with higher bids for fat cattle and steady stockers. Hogs show strength with 200 to 275 pound butchers around 10.25 and lighter weights near 9.25 to 9.75. Canner and cutter prices sit around 3.18 to 3.25 with bulls in the 4.75 to 5.00 range. Lambs and sheep see 20 lower on fat lambs while western orders push some gains. Portland notes generally steady, with Denver reporting mostly 100 lower for hogs.
MENTIONED IN THIS ARTICLE
Assoc
Chicago
ST. Paul
South ST. Paul
Minn
Market reports from Spokane and Los Angeles cattle hogs sheep
Spokane market notes show cattle receipts 46 with steady prices, hogs 354 steady with prices around 10.45 to 11.95, and sheep 223 steady. Los Angeles cattle receipts 200 with calves 100 holdovers 200 mostly common grades, hogs 500 holdovers steady bids around 9.25 to 9.36, sheep scarce with high grade lamb quotes.
MENTIONED IN THIS ARTICLE
Spokane
Pokane
Los Angeles
Dy the
Associated
U S to Get Place on Opium Council
The report by Pletcher Samiion and officials outlines steps for the United States to join the Opium Council. League leaders, with input from an expert, reviewed heat results and discussed appointments and conduct of the committee.
MENTIONED IN THIS ARTICLE
U.S
Opium Council
Associated Press
Iopium
Toda
Hod
Fontror
Setteraied
Pletcher Samiion
Onauctoe
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