Wheat price setback hits markets on heavy Winnipeg supplies
Wheat prices fell across Chicago and Minneapolis trading as reports of heavy Winnipeg deliveries totaling 1.63 million bushels and wet Canadian crop prospects weighed on values. Corn oats and provisions also moved lower while cash quotes and regional grain details followed the day’s market drift plus brewing Liverpool and export bearishness.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Canadian Northwest
Winnipeg
Liverpool
Rail stocks surge as ICC rejects grain rate cuts
New York stock market shows strong rail and copper gains with 34 carriers hitting new yearly highs after the Interstate Commerce Commission refused to reduce grain freight rates. Volume nears 1.25 million shares as investors seek copper, General Electric, Adams Express, and other issues, amid easy loan conditions and firmer foreign exchange.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
Associated Press
New York
Wall Street
New York Central
Atchison
Illinois Central
Southern Pacific
Northern Pacific
Great Northern
Chicago & Northwestern
Rock Island
Atlantic Coast Line
General Electric
American Car and Foundry
Adams Express
Advance Ramely
Caramel Fruit
Davison Chemical
Goodyear Tire
Lima Locomotive
Savage Arms
Texas Gulf Sulphur
United Fruit
Call Money
London
Potato Market Slows As Receipts Rise In Chicago Trade
Potatoes in Chicago July 18 show a slow market with weak demand. Receipts reach 27 cars and 210 on track, total United shipments 338 cars. Missouri and Kansas sacked Irish Cobbler bids range from 1.40 to 1.65 for best stock, poorer stock down to 0.25. Sacked Ohio 1.25 to 1.50, North Carolina barrels 2.00 to 2.50, Virginia barrels 2.50 to 3.15. In other notes an English aviator started with 100 and won 30,000 at Nice and Monte Carlo before losing it all in one evening.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United
Missouri
Kansas
North Carolina
Virginia
Nice
Monte Carlo
Sere Istes
Progress Made by Public Utilities and Grain Markets
The report notes rains in Canada and weak cables triggering a broad market decline in corn and oats, with Kansas City leading losses of 6 to 7 cents. Cotton shows a reaction to showers in Oklahoma and Arkansas. In utilities, rails show stronger gains while oil stocks lag, with Cosden leadership changes and Sinclair dividend suspensions. Gold reserves rise by about 17 million, and Standard Oil Indiana buys 10 million gallons of Cosden gasoline to stabilize mid cont field pricing.
MENTIONED IN THIS ARTICLE
Canada
Kansas City
Oklahoma
Arkansas
South
New Orleans
Lauzier-Wolcott Co
Mid-Continent
Gulf Coast
Wyoming
Sinclair
J.S. Cosden
Cosden & Co
Interstate Commerce Commission
Federal Reserve
Lima
London
Standard Oil Company of Indiana
Foreign exchange rates steady in New York
Foreign exchanges were steady in New York with cents quotations for numerous currencies. British demand 4.37 percent, cables 4.37 percent, 60 day bills on banks 4.34 percent, France 5.11 percent demand and 5.12 percent cables, Italy 4.30 percent demand and cables, Belgium 4.56 and 4.57, Germany 23. per trillion, Holland 37.88, Norway 13.40, Sweden 26.58, Denmark 16.04, Switzerland 18.21, Spain 13.26, Greece 1.70, Poland 19, Czecho Slovakia 295, Yugoslavia 119, Austria 0.014, Romania 45, Argentina 32.50, Brazil 10.00, Tokio 41, Montreal 99.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Allied Chem Cree
American Smelting & Refining
American International Corporation
American Bumatra
100Merican Telephone & Telegraph
Atlantic Gulf
Austin-Nicholls
Baldwin Locomotive
Ethliehem Stee
Chicago
Rock Island
California Petroleum
Gottnieviscie Oy
IM Central
Eeereeeeens
Colorado Fuel
Os Reececsees Soreeboders
Ndler Motors
Ete
Gon Chemical
Erri Er Rt
Spoacdecove Geaeh Cine
Eee Eee
Arves
Ea City Southern
Fener
Ouieville Sarrishville
Kansas & A
New
Montana
Arro Oi
Haven
Cess
Barnes-King Ee
Serene
Iorthern Pacific
Srv Adh Oh Beess
Boston-Wyoming
Asmt
Perro
Pierce- Arrow Peer
Producers & Renners
Petroleum
Copeco
n-American Tiss
Gladys Belle
BR En
Epubite Iron & Bteel
Hager-Stevenson
Sears Oebuc
Southern Pacific
Studebaker
Texas Pacific
Deane Ck
Texas
SBS
Northwest Petroleum
Tennessee
Stevenson-Ro
Union Pacific Spree
Roy Texas Gul Sul
United States
United Rats
Waba
Westing House Eiedric Sae Hwante
Willys. Verlan
Bhillips Petroleum Cop Orr
Ullman See
Bewart- Mpmot Wwe
York
Tiahiaaiads
Seacesrecediabas
Salie Ky Etfs
The
Associated Press
New York
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho Slovakia
Jugo Slavia
Austria
Rumania
Argentina
Brazil
Tokio
Montreal
Call money steady in New York market July
Call money in New York on July 18 remained steady with a ruling rate of 2 percent. Closing bids stood at 2 percent, with offered rates at 24 percent and last loan noted at 2 percent. Call loans against acceptances were reported at 1 percent.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Time loans easier as metals hold steady
Time loans eased with 60 to 90 day terms at 2 percent and three months at 3 percent. Bar silver in New York quotes 67 cents, Mexican dollars 51 1/2 cents. London silver 347 16 pence per ounce. Copper steady at 12 1/2 cents. tin firm at 46 37/64. iron irregular at 19 to 19 1/2 dollars. Lead, zinc, antimony quoted with spot and futures in London and New York markets.
MENTIONED IN THIS ARTICLE
London
The
Associated Press
PFW
York
East St. Louis
Livestock market report from Chicago July 18
Hogs receipts 31,000 steady to 10c higher with strong shipping demand. Prices top at 8.10 for heavy hogs, 7.30 to 8.50 for 170 to 325 pounds, 7.35 to 7.75 for 140 to 160 pounds. Cattle receipts 4,000 slow with few steers above 9.00, top handy weight 10.25. Sheep 14,000 active and generally steady with fat native lambs 14.00 to 14.25, western lambs 14.50, odd fat owes 5.00 to 6.00, feeding lambs 12.25.
MENTIONED IN THIS ARTICLE
Chicago
U.S. Department of Agriculture
Cattle and Hog Market Review From St Paul Area
Receipts: cattle 1200 slow and weak with best steers and yearlings in very light supply. Calves 1000 steady. Hogs 5500 slow, steady to higher with bulk 160-300 lb butchers 7.50 to 7.65. Sheep 300 steady with fat native lambs 12.50 to 13.60 and other weights and grades noted.
MENTIONED IN THIS ARTICLE
ST. Paul
South ST. Paul
U. S. Department of Agriculture
Los Angeles Livestock Prices and Receipts Report
U S receipts 200 slow weak with common steers 4.00 to 5.50, cows 3.50 to 4.50, canners 1.50 to 3.00. Calves scarce, 25 to 40 cents lower. Hogs 650 with 180 direct to packers. early sales 9.00, good to choice garbage fed butchers higher, medium weight 8.50, packing sows 6.50. Sheep receipts none. lambs late yesterday sold today at 11.75, 77-pound averages steady, choice lambs 12.50, choice ewes 3.75 to 5.00.
MENTIONED IN THIS ARTICLE
Los Angeles
U. S. Department of Agriculture
Denver market recap yields higher hog prices and steady cattle
Denver July 18 reports hog receipts 250 with prices 7.75 to 7.80 for mediums, few 7.65 to 7.75 drive-ins, packing hogs steady at 5.75 to 6.00, some 130 to 140 pound hogs at 5.75. Cattle receipts 200 with steady holdovers, cows 5.00, steers 6.00 to 7.25, common stock 2.75. Sheep receipts 3,400 with western lambs steady, Idaho three roads at 13.25, other classes steady.
MENTIONED IN THIS ARTICLE
Denver
Colo
U. S. Department of Agriculture
A. Ca
Three Roads Choice
Idahos
Portland cattle and hogs market report
Port land market summary notes cattle receipts at 274 steady with a fancy grain fed steer load around 1200 pounds bringing 8.60 after premiums. Hog receipts 1,066 direct with nominal steady prices and no trading. Sheep and lambs 521 with Mount Adams lambs bought to arrive at 11 dollars.
MENTIONED IN THIS ARTICLE
Portland
Mount Adams
Spokane Cattle Hogs and Sheep Receipts Report
Spokane July 18 cattle receipts 54 steady prime steers 6.50 to 7.50 hogs receipts 308 steady sheep receipts 60 steady times and prices noted for market activity.
MENTIONED IN THIS ARTICLE
Spokane
Wool market strength rises further in week
The Commercial Bulletin reports that after two weeks of strength in raw wool the market has intensified over the past week. Prices are described as higher across the board, with gains noted in key wool types and fleeces, signaling robust demand and steady trading activity.
MENTIONED IN THIS ARTICLE
The
Associated Press
Wool market analysis signals modest gains and strong West clearance
Wool markets show a 5 to 10 percent lift from recent lows as buying dries up near week end. Two week movement exceeds normal by 20 to 25 million pounds with mills securing supply for light weight season. Bradford reports rising tops, western regions clear rapid clip, new clip around 85 percent sold and prices hardening. Goods markets hold steady with minor repeat order activity. Mohair remains quiet and barely steady.
MENTIONED IN THIS ARTICLE
Bradford
Invention of a Tire Inflation Warning Signal Device
A new signal device has been invented to warn drivers of over or under-inflation in automobile tires. The device detects pressure deviations and alerts the vehicle user to adjust air pressure for safer driving and improved tire life.
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