Wheat Rises on Russia Purchases amid Mixed Markets
Wheat prices climbed in Chicago on July 2 as Russia was reported to have bought 6 million bushels in Europe, though gains faded with stock market weakness. Domestic harvest conditions improved and Wichita receipts reached 406 cars, with exports in North America estimated at 1.5 million bushels over the weekend and 2.5 million bushels less afloat for Europe. Unofficial crop estimates and large deliveries supported bullish signals, while corrected Wichita arrival figures and stock declines weighed on futures late in the session.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Europe
Wichita
Liverpool
Russia
Seaboard
North America
London Metals Prices Reported for July 2
London metals market update lists spot and future prices in pounds and shillings for copper tin lead and zinc. Copper spot £63 5s electrolytic £68 10s future £69. tin spot £209 10s future £260 5s. lead spot £20 10s future £20 17s 6d. zinc spot £25 7s 6d future £25 5s.
MENTIONED IN THIS ARTICLE
London Metals
London
Flour and Bran Prices in Minneapolis Trade
In Minneapolis on July 2 flour held steady. Carload family patents quoted at 7.90 to 8 a barrel in 98-pound cotton sacks. Shipments totaled 44,427 barrels. Bran priced at 29.50 to 30.00 per unit.
MENTIONED IN THIS ARTICLE
The
Associated Press
Minneapolis
Wall Street Shifts as Call Money Hits 10 Percent
New York July 2 call money rose to 10 percent marking its first peak since 1920 and sparking a broad stock decline. Industrials and rails fell 1 to 5 points while specialties dropped 6 to 15. Volume was light with banks shoring midyear loans.
Sugar market steady with firm informs from New York
The refined sugar market in New York remained unchanged at 5.90 for fine granulated. Weekend withdrawals were active due to warmer weather while new business stayed light. Futures closed steady with about 26,000 tons traded. July 2.51c, September 2.51c, December 2.72c, March 2.64c, May 2.72c.
MENTIONED IN THIS ARTICLE
New York
Livestock market recaps Chicago bids by class
Hogs receipts 48,000 with higher prices. top 11.15 for 200 260 lb choice hogs. Cattle receipts 16,000 with red steer and yearling runs up to 15.50 for light weights and 14.25 15.50 for 1,100 1,300 lb steers. Sheep receipts 15,000 with fat lambs down 15 to 25 cents and feeder lambs 12.75 13.50.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Spokane
Wash
Cattle and hog markets mixed across western ports
Across St Paul and other cities on July 2, cattle receipts ranged high with steers and yearlings lifting to over 15 dollars, hogs up 25 to 35 cents, and sheep softer in spots. USDA reports from Omaha Portland and Spokane show varied demand, with calves steady and beef cows firm, while packing weights moved modestly higher.
Copper and related metals market report
By the Associated Press copper firm electrolytic spot and future prices steady at 1 cent. No 2 f.a.s. Eastern Pennsylvania 20.00, Buffalo 16.50 to 17.00, Alabama 15.50 to 16.00. Tin weak spot 46.12, futures 45.75. Lead steady spot 6.30 New York, 6.15 East St. Louis. Zinc firm East St. Louis 6.20 to 6.25, future 6.22 to 6.27. Antimony 9.37 to 9.50. Quicksilver 122.00.
MENTIONED IN THIS ARTICLE
Logan & Bryan
Ann Ahumada Aneegst
Allied Chemical
Allis Chalmers
American Bosch Magneto
American International Corp
American Power & Light Common
American Sumatra Topacco
American Telephone & Telegraph
O. Eee
Anan Archer Daniels
Weaeer
Atlantic Refining
Atchison
Atlantic
Austin Nichols
Alam
Baltimore & Ohio
Peewee
Bethlehem Steel
Yan Butte & Superior
Woo Butte
Eeesanees
Callahan Zinc
Rae California Petroleum
Calumet
Arizona
Hecla Sea
Cerro de Pasco
Ohio
Chicago Alton
Chicago East Ill
Chicago Great Western
St Paul
Te Kono
CM & St P
Chicago Northwestern
Chicago
Rock Island
Chile
Chrysler
Colorado
Ee CO
Continental Can
Nhty
HOO Motors
Hoo Continental
Crucible Steel
Cuba
Davison Chemical
Edge Bros
Dodge Brothers
Eaton
Erie Common
Fleischmann Yeast Steee
Foundation
One
Freeport
Texas Oil
Gabriel Snubbers
General Electric
General Motors
Goodrich
Great Northern
Great Western Sugar Ee
BNO Greene Cananea
Howe Sound
Pioyole
App Motors Eaee
Wey Independent Oil & Gas
Ccccascceens Oo
Inspiration Ae
Seers Eeu
Aon International Business Machine
Aee International Cement Common
International Combustion Engine
International Harvester See
International Merc. Marine
Eng International Nickel
International Telephone & Teleons
Kansas City
Kelly Springfield Peeeeserves
Magma Copper Sane Ee
Manhattan
Maytag Company
Senee Ee Ee
Marland Oil
Mexican Seaboard
Mid-Continent
Kan
Texas
Issouri Pacific
Missouri Pacific
Montgomery Ware
Wy Moon Motors
Mother Lode Coalition
TAN Motor Wheel Peewee
National Biscuitee
Tad
National Cash Register
National Power & Light
Nevada
Resese
New Haven
New York Central
New York Dock
Northern Pacific
Pacific Gas & Wlecetric
Sane O
Packard Motors
Paige
Detroit Motors
Paramount Famous Players
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Enee Tanner
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Ser Eens
Radio Corporation
St. Joe
St. Louis
San Francisco
South Western
Eee
Son Schulte Retail Stores
Hg Raed Seaboard Airline
Ee Peer
Boo Sears Roebuck
He Sinclair
Southern California Edison
His T&oo
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Tee
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Foo Standard Oil
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Arron
Eastern Pennsylvania
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Future
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Walker Mining
West
Toledo
Montana Stock & Bond Co
Abell Oil
New Quincy
Ardsley Butte
Mont Tunnel
Leaverhead Alberta
Butte Hill Copper
Butte Ind
Qi Seer
Bingham Metals
Ty Butte & London
Tintic Central Sae
Monarch
Denver
Jardine Mining
Cotton market mixed as favorable weather sparks demand
Cotton trading in New York on July 2 saw gains eroded by bullish crop reports and thin selling. Prices ended barely steady with July at 22.30 cents and nearby months down 12 to 30 points, futures dipping while spot middling stayed around 22.80 cents.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Poultry Prices Steady in Chicago Trade
Chicago July 2 market report shows alive poultry steady with receipts of 12 cars. Fowls sell 16.23c, broilers 29c, springs 34c, spring ducks 22c, spring geese 22c.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Denver cattle and hog market report from July 2
Denver notes a cattle sale with 1,700 head, calves 450, 300 killed, demand slow, all classes steady. 1 141 pound steers bring 14.15, fed heifers 12.60 to 13.65, cows 10 to 11, lower grades 8 to 9.5, bulls 8.75 down, stockers 11.50 to 12.60. Hogs 2,200, four loads direct to California, slow with early sales up 15 to 25 cents, top 10.65 on 200.
MENTIONED IN THIS ARTICLE
Associated
South ST. Paul
Minn
Associated Press
Omaha
United States Department of Agriculture
Portland
Denver
The
California
Market advances lift cash rate to 10 percent
New York July 2 The day’s standout move was the cash money rate rising to 10 percent triggering heavy liquidation and a market pullback. Banks faced heavy July 1 dividends and interest payments, with call money firm at the highest since November 10, 1920. Leading issues like Radio Wright Airplane US Steel and General Motors remained in supply amid shifts in Montgomery Ward and Sears Roebuck after strong June sales. Sears Roebuck up 32.7 percent and Montgomery Ward up 14.86 percent. California oil output fell while Hudson Motors and Chevrolet posted new June records.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Wall Street
Sears-Roebuck
Montgomery Ward
National Biscuit Company
Christie, Brown Company
F. & W. Grand Stores
Case Threshing
Radio
du Pont
General Motors
Advance Rumley
Archer Daniels
Cocoa Cola
Coty
Houston Oil
Russia Insurance
Brooklyn Edison
Bayak Cigars
American Machine and Foundry
Dodge Brothers
Hudson
Manhattan
Wright Airplane
United States Steel
Independent Motors
Sears- Roebuck
California
Hudson Motors
Chevrolet
Wheat market mixed on bullish Russian buys and crop estimates
Chicago July 2 Wheat and Corn reports show a bullish tilt on wheat from strong Liverpool cables and Russian purchases, with crop estimates for spring at 240 to 254 million and winter at 509 to 528 million bushels. Deliveries totaled 4.998 million bushels as corn July delivery held firm amid crop outlooks and a cash market with 164 thousand bushels shipped.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Russia
Europe
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Montana
Prime Mercantile
Eerne
New York Stock Exchange
Italy
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Susar
Goodrich Aca
Eees
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Humble O & R
Eseae
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Westinghouse
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Metals Market
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Butte Oy
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Victoria
Winona
Neers
Logan & Bryen
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Butte
Alavaras Weens
First National
Radsden
Iron Capee
Nixon Ghevebets
Lewistomn
Seattle
Vancouver
Tacoma
Helena
Great Falls
Shelby
J. F. Pewters Asst
BOYLE
Metals Bank
D. E. Wilder
Finlen
Victoria Gold Mines, Ltd
Broadway Group OF Gold Mines
Silver Bow Elk
Granite Street
Mont
First National Bank of
Butte, Mont
W. A. Clark & Bro
A. Clark
J. Ross Clark
J. K. Heslet
E. J. Barker
Lamb
E. Galena Butte
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