Grain market ends unsettled amid profit taking and new reporting rule
Wheat futures fell as traders sold to lock in gains despite expected strong world demand and anticipated tariff changes. May and July contracts slipped while corn and oats tumbled modestly and hog-led provisions rose. cash quotes and Minneapolis grain figures followed the downtrend amid renewed selling pressure.
MENTIONED IN THIS ARTICLE
Chicago
Czecho- Slovakia
Europe
Philadelphia
Minneapolis
The
Associated Press
Montana
Revival of Oil and Rail Shares Drives Opening Stock Market
The New York Stock Exchange opened with renewed speculative interest in oil and rail shares led by pool operations and expectations of further money rate cuts next month. Major gains posted by Standard Oil of New Jersey and Sinclair, while rails climbed on favorable December earnings.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Mercantile
Dun
Bradstreet
Standard Oil
New Jersey
Sinclair
Pure Oil
Marland
Pan-American B, Texas Company
General Asphalt
Maracaibo
Rails
Durham Hosier
Stewart-Warner
Call Money
Flax futures end January higher in Duluth trading
In Duluth on January 29, close flax prices rose with futures for January at 2.43 dollars, February 2.43, March 2.44, May 2.45, and July 2.47 dollars per bushel.
MENTIONED IN THIS ARTICLE
Duluth
The
Associated Press
Sugar Prices Steady as Demand Remains Strong
New York sugar market mostly unchanged with a rise of 10 points, buyers showing solid inquiry. List prices for fine granulated sugar sit at 5.30 to 5.50 cents per pound, with about 41,000 tons sold.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Butter and Eggs Prices in Chicago Trade
Butter higher with 5,120 tubs receipts. Creamery extras 45 cents, standards 44, extra firsts 48 and 44 cents, firsts 41 and 42 cents, seconds 39 and 41 cents. Eggs lower with 10,868 cases received. Firsts 33 and 34 cents, ordinary firsts 32 cents.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
Potato Market Sacks Steady Amid Slow Trade in Chicago
In Chicago on January 29 potato receipts reached 69 cars with United States shipments at 404 cars. Wisconsin Round Whites traded at 3.75 to 4.75 per hundredweight, Minnesota Round Whites at 3.70 to 3.85, Idaho Russets best 3.90 to 4.15 and poor 3.50, with overall market movement described as slow and steady.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
United States
Wisconsin
Minnesota
Idaho
New York Money Market Report Cited By AP
New York money market details from the Associated Press show call money higher at 5 with bids at 5 and offers at 5 percent. Time loans remain easy with mixed collateral for 44 to 90 days and 4 to 6 months at around 4% to 4 1/2 percent, prime mercantile paper at 4 percent.
MENTIONED IN THIS ARTICLE
NEW York Money
Associated Press
New York
Prime Mercantile Paper
ADVANCE STOPPED BY PROFIT TAKING IN STOCK MARKET
New York reports a mixed session with railroads leading gains after strong annual earnings and prospects for higher crude prices boosting oils. Bethlehem Steel posted solid earnings but failed to lift steel shares, while production and a rising call money rate hint at Fed activity and liquidity shifts.
MENTIONED IN THIS ARTICLE
Logan & Bryan
New York
Bethlehem Steel
Mid-Continent
Fed
Reserve Bank
Chicago Livestock Prices See Selloff and Gains Across Classes
Chicago live stock receipts show 26 000 hogs and 4 000 cattle with mixed shifts. Hogs rise 25. to 10 cents. best 130 to 160 pound hogs around 13 60 to 13 75. Cattle steady to 25 cents lower on fat steers. best heavies near 19 75. Sheep 8 000 head active with lambs up about a quarter.
Denver Livestock Market Report January Hogs Cattle Sheep
Denver hog receipts 1,200 with slow direct to packers demand and top hog prices at 12.75 for light hogs. Cattle receipts 200 with Idaho feeder steers at 8.25 and other calves steady to nominal. Sheep receipts 2,100 with fat lambs firm to 15 cents higher and top moisture at 13.90 for light lambs. all sales freight paid.
MENTIONED IN THIS ARTICLE
Denver
Idaho
Boston Wool Market Shows Moderate Demand and Steady Rates
The Commercial Bulletin reports a moderate movement in both foreign and domestic wool with steady prices. Makers remain wary, stock procurement is prioritized, and the goods market Eyes heavy opens by the American Woolen company. Mohair remains scarce and firm with mixed regional quotations across Delaine, combing, and unwashed lines.
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Associated Press
Boston
The
Commercial Bulletin
West
American
London
Ohio
Pennsylvania
Delaine
Michigan
New York
Wisconsin
Missouri
New England
Texas
California
Middle County
Oregon
F. M
A. A
Grain Market Mixed Run Surges Then Sinks in Wheat Corn
Wheat moved higher at session start on export activity and firm foreign markets but heavy selling later erased early gains. Corn firmed early then faded with short covering noted as Eastern buyers stepped in. Oats and rye showed limited moves as demand steadied overall in a moderate volume session.
MENTIONED IN THIS ARTICLE
Logan & Bryan
Chicago
Winnipeg
London Metals Prices in London Market Report
London metals quoted for January 29 show Standard copper spot 58 pounds 2 shillings 6 pence futures 59 5s. Electrolytic copper spot 64 pounds 15s futures 65 5s. Tin spot 274 pounds 2s 6d futures 270 17s 6d. Lead spot 34 pounds 2s 6d futures 33 17s 6d. Line-Host 36 pounds 17s 6d futures 36 10s.
MENTIONED IN THIS ARTICLE
London Metals
The
Associated Press
London
Cattle and Hog Prices Report From St Paul Market
Cattle receipts 1,100 with mixed feeder and fat cattle prices. steers and yearlings slow, top $9.35 for mixed yearlings, others $7.50 to $8.50, fat stock $4.50 to $7. calves 900 with lights $11 to $11.50. hogs receipts 8,000 with market not fully established, opening sales up about 25 cents from Tuesday, prices mostly $12.50 to $13.00 for butcher and bacon hogs. sows around $11 and pigs near $13.50. hog average cost Thursday $12.38. sheep receipts 1,500 western lambs steady around $14.25 for desirable types.
MENTIONED IN THIS ARTICLE
ST. Paul
South St.,paul
Minn
Cattle Receipts Mark Slow Market In Sioux City
Sioux City Iowa Jan 29 cattle receipts 1800 market slow killers steady stockers slow fat steers and yearlings 710 50 bulk 47 75 9 fat cows and heifers 5 9 60 canners and cutters 3 50 4 50 years 5 10 50 bulls 4 6 25 feeders 7 9 stockers 6 8 25 stocker yearlings and calves 5 oh feeding cows and heifers 4 50
MENTIONED IN THIS ARTICLE
Sioux City
Iowa
Market Report Omaha Hogs Cattle Sheep Prices Jan 29
Omaha market report shows hog receipts 9 500 with prices 12 12.85 for 160 lb lights and top 12.85, 100 to 300 lb butchers 9 36.36 to 9 45.99, packing sows 10.75 11. Cattle receipts 1 500 with fed steers and yearlings mostly steady. stockers and feeders steady. butcher cows 5 6, canners 3 4.50, veal top 11. Sheep receipts 3 000 with fat lambs 14 14.25 and ewes to 8.50.
MENTIONED IN THIS ARTICLE
Omaha
Bar Silver and Mexican Dollars Move in Markets
New York reports bar silver at 67 cents, Mexican dollars at 51 1/2 cents. London fixes bar silver at 30 15-16 pence per ounce with money at 4 percent.
MENTIONED IN THIS ARTICLE
Associated Press
New York
London
Foreign exchange rates steady in New York
Foreign exchanges steadied in New York with quotes in cents. Great Britain demand at 4.85 15 16 dollars and cables at 4.86 60-day bills on banks at 4.86. France demand 3.79 and cables 3.80. Italy demand 4.02 and cables 4.03. Belgium demand 4.54 and Germany demand 23.80.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Great Britain
France
Italy
Belgium
Germany
Cattle Hog Sheep Prices Steady in Spokane Trade
SPOKANE Jan 29 cattle hogs and sheep steady with no receipts and one animal changed hands amid quiet market activity as buyers and sellers assessed values.
MENTIONED IN THIS ARTICLE
Spokane
Osry Ey
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