Wheat Slump As New Crop Movement Moves Prices
Chicago and Minneapolis grain markets saw a broad price decline on July 5 as the new wheat crop movement and favorable corn and oats growing conditions reduced demand. Wheat closed down 0.4 to 1 cent, with July and September around 1.02 to 1.03 per bushel, while December dipped to about 1.05. Corn and oats fell late, with some offers rebounding. provisions rose with hog values. Cash quotes listed for wheat, corn, oats, rye, barley, and seeds, alongside foreign exchange rates and money market figures for July 5–6.
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Associated Press
Chicago
Liverpool
Kansas
Oklahoma
Indiana
France
Minneapolis
The
New York Stock Market Ends Mixed After Holiday Volatility
Prices slumped at opening with pessimism from bear traders after a holiday. United States Steel fell to 89 before recovering to 1/2 point gain, Baldwin and Union Pacific closed higher, while several blue chips slipped. Foreign exchange weakened with sterling at a yearly low and French francs down. Time money quiet with slight bid-ask spreads.
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Associated Press
New York
Bank of England
Ruhr
Eete T
Gulf Coast
United States Steel
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Laclede
American Zinc
Chicago
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Ness
Kers
Copper Quiet in Market Report from New York
Associated Press reports a quiet metal market on July 6 with electrolytic copper at 14% 14 cents for spot and futures, lead steady at 6.50 cents, zinc quiet in East St. Louis at 5.75–5.80 cents, antimony around 6.85–6.9 cents, and silver at 2 cents per ounce in the market. bar silver at 2 pence and Mexican dollars at 48 cents, with London bar silver at 3 pence.
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The
Associated Press
New York
East St. Louis
London
Prego ure Again Applies 10 Prices Stir Markets
Market traded under selling pressure with many issues hitting year lows before an afternoon rally. Oil shares fell amid price cuts and foreign exchange moved lower. Analysts expect a fair sized rally in the general list as consolidation talks surface among major copper companies. U S crude output for late June rose to 2,210,350 barrels daily, California output up 45,000, and Granby Consolidated’s May and June production above 3,000,000 pounds for the fourth straight month.
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Lauzier-Wolcott Co
New Haven
Storrow Committee
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Phelps Dodge
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United States
American Petroleum Institute
California
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Granby Consolidated
Granby
Livestock Quotations Chicago July 5 US Department of Agriculture
Receipts hogs 30000 with active demand on better hogs and prices rising to 7.60 to 7.70, top 7.75. 260 to 325 pound butchers 7.40 to 7.55. sow prices 6.25 to 6.75. pigs 6.75 to 7.25. Cattle receipts 13000 steady for killing classes, beef steers worth 11 and up, yearlings around 11.35, top matured steers 11.35, vealers steady to 25c higher. beef cows weak, stockers steady. Sheep receipts 10000 with lambs strong to 10c higher, top Oregon lambs 16.25, native lambs 15.50 to 15.75, yearlings Nevada 11.50, ewes 5 to 6.50, heavies around 3.50 to 4.
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Associated Press
U. S. Department of Agriculture
Chicago
Oregon
Nevada
The
United States Department of Agriculture
South ST. Paul
Omaha Market Report Hogs Cattle and Sheep Prices July 5
U S Department of Agriculture report from Omaha lists hog receipts 13 500 active gains 25 cents. Butchers 200 to 360 pounds 6 75 to 7 15 top mixed loads 6 35 6 70 packing sows 5 75 cattle receipts 8 500 opening steady closing 10 to 15 cents lower bulk 8 75 19 25 top 11 he stock steady cows and heifers 5 to 8 bulls 15 to 25 cents higher veals steady top 10 sheep receipts 9 000 lambs slow early sales steady to strong Idaho lambs 15 16 5 25 with some higher held out.
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The
U. S. Department of Agriculture
Kansas City
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Lamb Sale Reports Steady Prices Across Lambs and Sheep
Clipped lambs bring $14 per head while sheep and feeders hold steady with top at $6 for ewes and feeding lambs selling up to $12 75. Market activity shows balanced demand for light and feeder categories alongside solid ewe values.
Livestock Prices Across Markets July 5 Reports
U S Department reports cattle hogs and sheep receipts in Kansas City South St. Paul Denver and Los Angeles. Highlights include varied price movements with best cattle at 11 dollars, hog top around 7 35, lambs to 15 10 and other classes showing uneven but steady shifts.
Oregon cattle and hog market report slips through July
By the Associated Press Portland July 5 cattle nominal with receipts 360 hogs nominal with no receipts sheep weak undertone to lambs receipts 571 with 274 through reported.
MENTIONED IN THIS ARTICLE
Associated Prees
Portland, Ore
Spokane Market Cattle and Hog Receipts Steady
Spokane reports July 5 cattle receipts 157 with market steady and quotations unchanged. Hog receipts 459 with similar steady market and no change in prices. Sheep receipts none and market steady with no quotation shifts.
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The
Associated Press
Spokane
Butter and Eggs Prices in Chicago Market Notes
Butter unmoved with creamery extras at 37 cents for extras, 36 cents for stand ards, 35 36 cents for extra firsts, and 33 34 cents for firsts. Eggs steady with receipts at 16 636 cases and firsts 21 21 1 2 cents, ordinary firsts 19 20 cents, storage pack 23 24 cents for extras and firsts 23 23 cents.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
Sugar futures close steady amid light New York trades
Sugar futures closed steady in New York with about 5,000 tons in approximate sales. September at 5.32 cents, December 4.80 cents, March 3.85 cents, May 3.91 cents.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Lead price cut by American Smelting Refining Co
New York July 5 The American Smelting Refining Company today lowered the lead price from 6.65 to 6.60 cents per pound.
MENTIONED IN THIS ARTICLE
Associated Press
New York
American Smelting & Refining Company Today
London Metals Prices and Futures Highlights
London shows spot and futures quotes for copper tin lead and related metals. Standard copper spot £65 2s 6d futures £65 15s electrolytic copper spot £72 futures £72 10s tin spot £177 7s 6d futures £178 15s lead spot £23 17s 6d futures £23 bs att See £27 17s 6d futures £28 10s.
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London Metals
London
Portugal Deliberates Cost Of Presidential Junket
Lisbon debates whether depleted national coffers can cover a luxury presidential visit to the South African Union during the African colonies trip. Officials worry about the cost of ceremonies needed to impress English possessions in Africa and where the funds would come from.
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Lisbon
Portugal
South African Union
Africa
Italians to settle in Mexican states amid emigration drive
Italian emigrants are expected in large numbers in Mexico and probably will settle in Tamaulipas Jalisco Tabasco and Nuevo Leon. Arrangements for their colonization have been made by agents of the Italian emigration service at Washington. The first batch of arrivals probably will number 600.
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Mexico City
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Jalisco
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Nuevo Leon
Italian Emigration Service
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