Wheat advances in closing hour on brisk demand and drought risks
Sub-zero weather threatens US winter wheat and tight world stocks lift prices. May wheat at 1.75 to 1.76, July around 1.52. Corn and oats rise modestly as declines in initial trading give way to buying driven by forecasts of a 53 million bushel deficit and cooler conditions reducing deliveries. Greece and Portugal reportedly seek Canadian wheat, while snow coverage in the Midwest remains sparse.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States
Liverpool
Buenos Aires
Greece
Portugal
Markets Close With Irregular Gains Amid Broad Trading
New York stock market resumed rise but lacked breadth. Motors drew attention with General Motors near 125 and Willys-Overland up over one point, while Bethlehem Steel earned and United States Steel rose modestly. Commodities show mixed movement as Cerro de Pasco hits seven-year high on new ore discovery. Call money steady at 4 percent with narrow FX shifts.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Motors
General Motors
Hudson
Willys-Overland
Bethlehem Steel Corporation
United States Steel Common
Bethlehem
Cerro de Pasco
Southern Railway
Baltimore & Ohio
Grain and sugar prices in Minneapolis and New York
Minneapolis grain report shows cash and futures for wheat and corn, oats, barley, rye and flax with ranges for No 1 northern and dark spring wheats. Sugar futures closed steady in New York with refined sugar unchanged to five points higher and granulated prices 6.30 to 6.40 cents.
MENTIONED IN THIS ARTICLE
Minneapolis
The
Associated Press
Montana
New York
Butter and Eggs Prices In Chicago Trade Preview
Butter gains led Chicago trading with receipts of 4 929 tubs. Creamery extras at 44c, standards 43c, extra firsts 42 43c, firsts 41 44 42c, seconds 41 1 41c. Eggs unchanged with 7 726 cases received.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
Potato Market Sluggish as Weather Hurts Trading
Chicago January 28 Potatoes show virtually no trading activity due to weather and limited sales. Receipts reach 56 cars with total U S shipments at 587 cars and four cars from Canada.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
United States
Flax prices in Duluth mark January to July futures
The Duluth flax market reports closing prices for January through July futures with January at 2.43% and February through July ranging from 2.44 to 2.47 percent. This brief market note lists specific months and bid levels observed on January 28.
MENTIONED IN THIS ARTICLE
Duluth
The
Associated Press
Flour A And Bran Prices From Minneapolis Market
Flour unchanged in Minneapolis on January 28 as shipments reached 47 037 barrels. Bran quoted at 26 50 per ton.
MENTIONED IN THIS ARTICLE
Associated Presse
Minneapolis
New York Money Rates Steady in Early Markets
Call money steady at 4 percent with bids at 4 and offers at 4. Prime mercantile paper at 4 percent. Time loans mixed collateral 60 to 90 days at 4 and 4 to 4 months also at 4. Call loans against acceptances 3 percent.
MENTIONED IN THIS ARTICLE
NEW York Money
New York
Prime Mercantile Paper
Bar Silver and Mexican Dollar Rates Reported
Bar silver in New York stands at 67 and a half cents per ounce Mexican dollars at 51 and a half cents. In London the bar silver price is 3 dollars per ounce and Money yields 4 percent.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
London
Market Mostly At A Standstill In Early Trading
New York brokers report a quiet session with little overall movement. High priced motor stocks show spirited demand from short-covering buyers while rail shares regain some buoyancy but attract no major new buying. Analysts see few catalysts and warn that sustained gains require bullish drivers.
MENTIONED IN THIS ARTICLE
Logan & Bryan
New York
Wheat Market Gains Stability on Eastern Buying Push
Chicago reports a firm wheat session as heavy buying drives May and July contracts higher. Eastern interests lead the rise amid export optimism and dwindling cash positions, with shortages noted in farm movement and a potential export deficit of 63 million bushels. Corn and rye follow higher as cold weather aids feeding demand.
MENTIONED IN THIS ARTICLE
Logan & Bryan
Chicago
Liverpool
Northwest
Winnipeg
Livestock Prices in Chicago Ranges as Hogs and Cattle Move
Hogs receipts 55 000. weights 140 to 320 pounds domin ant price range 11 50 to 13 50. Lighter weights down 19 cents. Top hogs 160 pounds at 13 15. Cattle receipts 11 000. steers 1 411 pounds at 11 60, some loads to 11 25. Sheep slow with fat lambs at 14 50 and ewes at 8 75 to 9.
Omaha Hog Cattle Sheep Receipts Report Mixed Movement
Hogs receipts 17,000 with light hogs 10 to 15 cents lower. bulk 160 200 pounds 12.25 to 12.50. top 12.50. Cattle receipts 4,500 with steady fed steers and yearlings. bulk 8.25 to 9.75. Sheep receipts 12,000 lambs 15 to 20 cents lower. early bulk wool lambs 13.50 to 14.20. best light lambs over 14.25. sheep 2 cents lower.
MENTIONED IN THIS ARTICLE
The
Associated Press
Omaha
Cattle and Hog Market Report From St Paul Area
In St Paul Minnesota on January 28 cattle receipts reach 2500 with steers and yearlings steady but plain quality, fat stock firm. calves at 1500 steady with good lights $10.50 to $11.35 and bulk to packers $11. Hogs total 11500 with early sales none, bids from $12 to $12.50 for 180 to 300 pounds, lighter stock around $12.75, about 1.25 lower than Wednesday. Sheep receipts 800 with fat lambs steady or better bids 25 cents lower for fat ewes and lambs steady overall.
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The
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Associated Press
Chicago
ST. Paul
South ST. Paul
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Cattle Market Report From Sioux City
Sioux City AP reports cattle receipts around 3,000 with markets slow and killers 25 cents lower. Fat steers and yearlings average 7.30 to 10.50, fat cows 5 to 9.50, veals 5 to 10.50, bulls 4.75 to 6.25, feeders 7 to 9, stockers 6 to 8.25, stock yearlings 5.50, feeding cows 4.50 to 7.50.
MENTIONED IN THIS ARTICLE
Sioux City
The
Associated Press
Market Report Denver Livestock Prices Open Lower
Cattle and hog receipts in Denver show dull trading with hogs mostly 15 to 25 cents lower. Top hog price 12.70 for light loads. cattle calves yearlings and cows mostly steady with varied prices. sheep receipts active with fat lambs down 25 cents and other sheep and ewes trading at modest levels.
MENTIONED IN THIS ARTICLE
Denver
The
Associated Press
California
Cattle and Hog Receipts Reported at Spokane Market
Spokane market notes show cattle receipts 302 steady, hog receipts 721 with price ranges from 12.25 to 13.35 and 12.60 to 12.75 for various hogs, and sheep receipts none with steady tone.
MENTIONED IN THIS ARTICLE
Spokane
The
Associated Press
Market report from Portland cattle and hog receipts
PORTLAND Jan 28 cattle and sheep no receipts. Hogs 95 receipts no trading in any department but prices held nominally steady.
MENTIONED IN THIS ARTICLE
Portland
Cattle and Hogs Market Report From Los Angeles
Los Angeles cattle receipts 200 with 400 holdovers, slow market and no steers sold. Prices range from 5 to 9 for stock cattle, better grades up to 6 50, canners steady. Bulls 4 50 to 5 25. calves 50 receipts with 200 holdovers, few sales. milk veals 11 to 13. Hogs receipts 500, holdovers 900, sales moderately active with top 14 50 and bulk around 17 0.
MENTIONED IN THIS ARTICLE
Los Angeles
Associated Press
Livestock Market Quotes Include Lambs Sheep Weights
Market notes show 225 pound weights at 14 dollars per hundredweight and sows at 11.50. Sheep receipts unavailable. Lambs quoted 13.50 to 14.50 per hundredweight with ewes ranging from 5.50 to 8 dollars.
Foreign Exchange Rates Steady In New York Markets
On January 28 in New York foreign exchange held steady with Great Britain at $4.85% and $4.86 on cash and 60 day bank bills. France at 3.75% and 6.10% on cables. Italy at 4.03% both ways. Belgium at 4.54%, Germany at 23.80.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Great Britain
Italy
Belgium
Germany
Metal Market Update From New York Trade
Copper dull with spot and futures at 14 cents. Tin at 61.12 cents spot and 60.62 cents futures. Zinc steady at East St. Louis spot and futures 8 cents. Lead at 9.25 cents spot. Antimony quoted 22 dollars 22.50 cents.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
East St. Louis
London metal prices report on copper tin and lead
London market roundup lists spot and futures prices for copper tin lead and zinc with figures in pounds and shillings. Includes electrolytic copper spot at 64 10s and futures 65 pounds sterling. Tin spot 275 7s 6d futures 271 12s 6d. Lead spot 34 futures 33 15s. Zinc spot 36 12s 6d futures 36.
MENTIONED IN THIS ARTICLE
The
Associated Press
London
Weather Bureau Chief Cites Unusual Solar Activity
W J Humphreys of the United States Weather Bureau says global temperatures have cooled due to unusual solar activity. He notes the current trend shows broader cold conditions across the northern hemisphere with shifting weather patterns influenced by sunspot activity.
MENTIONED IN THIS ARTICLE
W. J. Humphreys
United States Weather Bureau
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