Weather Favors Wheat Harvest. Prices Dip Across Board
The Associated Press reports fine weather boosts winter and spring wheat prospects with lower closing quotes for wheat and mixed moves for corn oats and provisions. Early gains in corn fade as cooler nights and optimistic field reports temper the market. Argentina and Australia rains add downward pressure while U S stocks show a weekly increase. MinneapOLis figures list cash wheat and futures, with flour firming slightly and various potato prices noted for key markets.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
South Dakota
Argentina
Australia
Ocean Passage
Europe
Sugar market quiet as futures close irregular
In New York on July 5 the refined sugar market held at 6.20c for fine granulated with a quiet tone. Approximate sales reached 47,500 tons and futures showed mixed closes for July at 2.56c September 2.67c December 2.77c January 2.73c and March 2.68c.
MENTIONED IN THIS ARTICLE
New York
Metals Market Summary from New York Trade Notes
Copper steady at 12.50 cents for electrolytic. Tin at 64.50 spot and 63.25 for September. Lead quiet at 6.30 cents spot. Zinc steady at East St. Louis 6.15 to 6.17 cents futures. Antimony 12 cents spot. Quick silver at 120 dollars. Tron unchanged.
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Logan & Bryan
Pen
Igh
Allied Chemical
Ee Ee
Afiaconda
Eee Ene
Eer
Ersersons
Armour
Eseseeeeereeserse Sess
Atlantic Refining
Atchison
Atlantic Coast Line Oer
Baldwin Locomotive
Cees Essensetseseeses Wi
Baltimore & Ohio
Wrens
Cerro de Pasco
Chandler
Chesapeake & Ohio
Chicago Alton
Chicago
Cc. M. & St. Paul
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Rock Island
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Davison Chemical Eee
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Newman Awene
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General Asphalt
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Great Northern
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International Combustion Ling
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United Drug
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United States Rubber
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Svsss Sc
Wabash
Warner Brothers
East St. Louis
Foreign exchanges mixed with varied dollar quotations
New York reports mixed foreign exchange rates on July 5 with demand and cable quotes for Britain at about 4.85 to 4.86 dollars, France around 3.91 to 3.92, Italy near 5.52 to 5.53, Belgium about 13.89 and Germany at 23.60 on demand. 60 day bills show 4.8156 for Britain back to banks.
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New York
Great Britain
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Italy
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New York Stock Exchange
United States
Liberty
U S. Treasury
U. S. Treasury
Czecho-Slovakia Republic
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U. K
Wwe Ewe Wes
Santa Fe
Baltimore & Ohio
Bethlehem Steel Con
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Chi Burl & Quincy Rfg
Alcccces
Goodyear Tire
Great Northern
Montana Power
Northern Pacific Rfg
Northern Pacific
Pacific Gas & Wleetricks
Penn R. R. Geniu S
Eee
Southern Pacific
C. Eet Bess
EBL
Ui Power & Li Ee
Cotton Spot Price Reports Quiet Middling at 17.05
New York spot cotton quotes on July 5 show middling grade at 17.05 with a quiet market. The report notes no significant price shifts and steady demand in the commodity market.
MENTIONED IN THIS ARTICLE
New York
Butter and Eggs Prices and Poultry Ranges
Chicago July 5 market note shows unchanged butter receipts at 19 797 tabs with creamery extras 39 4c standard 39c extra firsts 38 38 4c firsts 36 36 4c seconds 34 35c. Eggs receipts 30 810 cases unchanged firsts 22 23c ordinary firsts 20s 21 2c storage packed firsts 24c. Poultry alive firmer prices list fowls 21c springs 25 29c broilers 22 25c turkeys 20c roosters 14c ducks 20c geese 19c.
MENTIONED IN THIS ARTICLE
Chicago
Speculators Advancing Prices In New York Stocks
After a double holiday a strong speculative push lifted price movement with heavy demand for high grade issues and active pools. Trading volume was light at below 1.5 million shares while banks sought loans around 25 million dollars as call funds remained abundant at 4 percent. General Electric Westinghouse and Manhattan Electric Supply hit new highs with General Motors and several others advancing. foreign exchange stayed narrow with sterling around 4.85 and francs near 3.191/2 cents.
MENTIONED IN THIS ARTICLE
Associated Press
New York
General Electric
Westinghouse Manufacturing
Manhattan
Allis-Chalmers
General Railway
Baldwin
Americancc
American Can
Colorado Fuel
Collins & Aikman
Reid Ice
Russia Insurance
Union Carbide
General Motors
American Radiator
American Tobacco
Bayak Cigars
Coca Cola
Dupont
Eastman Kodak
Otis Elevator
Western Union
Lackawanna
Delaware
Boston Wool Market Sees Interest in London Open
Wool traders in Boston show keen interest in opening wool sales at London as foreign wools firm slightly. Fine spot offerings have become restricted with small advances noted. Massachusetts stocks of foreign wools reduced during June.
MENTIONED IN THIS ARTICLE
Boston
Associated Presse
London
Massachusetts
Market Report Signals Broad Rally Across Sectors
Easier call money sparked active short covering and general rallies. Southern Pacific hit a yearly high, with General Railway Signal and General Electric at strong year highs. Chrysler and General Motors rose on July activity plans while rail shares benefited from reinvested July funds. Oil stocks joined the advance despite high production figures. domestic and Seminole output set new highs despite California declines. Overall market tone was featureless beyond broad gains.
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New York
Southern Pacific
General Railway
General Electric
Chrysler
General Motors
Buick
California
Grain letters report mixed crop news and export data
Wheat saw an early steadiness fade into a later sag amid favorable harvest weather. Export sales of 600,000 bushels, largely Manitoba, supported sentiment while world shipments and weekly supply figures shifted. Corn held higher ground with active buying for quality, oats softened on spots, and rye demand remained moderate. London metals and Duluth flax closes noted.
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Chicago
Seaboard
Manitoba
Ocean Passage
Liverpool
Longs
Corn Products Company
Commission House
Livestock Prices Rise at Chicago Market Report
Hogs 42 000 mostly 10 to 15 cents higher as big packers resist trade top at 9.50 with bulk 160 to 200 pounds. Cattle 18 000 slow but around steady with 1 670 pound steers at 14.15 and best heavies up to 14.35. Sheep 10 000 fat lambs active, natives up to 14.25, no range lambs sold, ewes around 5.25 to 6.25.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Livestock Market Report South St. Paul July 5
Cattle demand steady with 4 500 head of fed steers yearlings and calves mixed weights trading from 8 75 to 11 25 for good lots. Hogs 7 500 head near steady with Friday close, packers and sows mostly 7 90 to 9 25. pigs at 8 25 to 9 and weight 190 to 325 pounds. Sheep 200 head fat lambs yearlings up 25 cents, good native lambs 13, yearlings 11, fat ewes scarce.
MENTIONED IN THIS ARTICLE
South ST. Paul
Cattle and Sheep Market Report from Omaha
Omaha market notes show cattle receipts around 6 500 with steers and yearlings steady to uneven. bulls strong to 15c higher. heifers and cows mixed. slaughter steers $9.75 to $12.45. heifers $9.75 to $10.40. cows $6.25 to $8. feeders $4.75 to $5.85. top $9.50. Sheep receipts 9 000 with lambs 25c higher. fat lambs $14. natives $12.75 to $13.25. range yearlings $10. sheep $4.5 to $7. feeding lambs $13. feeding yearlings $9.65.
MENTIONED IN THIS ARTICLE
Omaha
Spokane Market Report Cattle Hogs Sheep Prices
SPOKANE July 5 cattle receipts 95 with varied grades and prices. Hogs receipts 408 with good to heavies priced from 7.75 to 10.50. Sheep receipts 500 with market steady. Cattle and hogs show wide range by grade and weight across beef, stockers, and calves.
MENTIONED IN THIS ARTICLE
Spokane
Seattle cattle market prices show steady trade
Seattle figures list receipts at 30 with cattle categories and prices: choice steers $99.75, medium to good $8.25–9, fair to medium $7–8.25, feeders $6.25–7, choice heifers $7.25–8.50, common to medium $6.25–7.75, choice cows $6.50–7.50, medium to good $5.75–6.50, fair to medium $4.75–5.75.
MENTIONED IN THIS ARTICLE
Seattle
Portland Market Report Cattle and Hog Prices July 5
Portland market notes show cattle receipts at 400 with no cattle traded. Hogs 270 received with 150 to 220 pound hogs at 10 to 10.50, steady to strong. packing sows 6.25 to 7.75. Sheep receipts 775 with little action early.
MENTIONED IN THIS ARTICLE
Portland
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