Bear raid fails Ingotham Mart on mixed market day
NY July 21 trading left stocks irregular as selling pressure rose yet buying support limited declines. GM hit a new high then eased after Chrysler boosted the sector. copper and oil shares held firm amid varied rail and consumer names as cotton and grain rose modestly and foreign exchange steadied.
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Associated Presse
York
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Wheat market steadies as black rust fears rise
Chicago wheat quotes firm with a 1 to 1 1/2 cent gain as fears of black rust expand across Minnesota North Dakota and Canada. Cash prices show No 2 red and No 2 hard values while corn prices edge up and oats soften amid strong export demand and weather worries. Chicago and Minneapolis reports note heavy selling pressure and ample supplies, with private forecasts predicting Canadian yields around 380 million bushels. Butter and eggs hold steady with unchanged prices.
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Market notes from New York and London July 22
Bar silver at 56 1/2 pence per ounce and Mexican dollars at 427% reported. Copper tin lead zinc and exchange rates quoted with varying spot and futures prices and currencies steady across Great Britain Italy Belgium and Germany.
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New York
London Metals London
Metals Market Roundup Steady Copper Tin Lead Zinc Volatile
New York metal market reports copper steady at 13.00 for spot and futures. Tin eases with spot near 63.87 and September at 63.50. Tron steady. Lead firm at 6.50 spot. Zinc firm in East St. Louis at 8.32 for spot and futures. Antimony at 13.72.
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Metals Market
New York
East St. Louis
Daily Market Reports From Minneapolis New York and Chicago
Flour prices rise in Minneapolis with 98 pound sacks $8.15 to $8.25 a barrel and total shipments 44 266 barrels Bran quoted at $24.50 to $25.50 Spot cotton steady in New York at middling 18.60 Poultry markets in Chicago show alive firm with four car receipts fowls at 20 and broilers at 24.
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Poultry Alive
Market Recovers After Heavy Week End Selloff
Market commentary notes a tumultuous session with heavy weekend selling in New York. General Motors Hudson Motors and oils showed resilience as other sectors faced pressure while copper and meat shares held gains and bond borrowings eased.
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Grain Market Improves as Wheat Demand Stays Strong
Wheat buying persisted at Chicago with prices up while profit taking limited gains. Export demand was fair with 160000 bushels sold to exporters. Minneapolis stocks fell 825000 bushels. farmers began consigning shipments. Corn and rye also rose, with improved conditions abroad and renewed export claims.
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Boston Wool Market Holds Firm With Buoyant Demand
The Commercial Bulletin reports steady wool business with prices firm and buyer-heavy since January. West operations decline while London prices rise about five percent from May. Mohair strengthens. Boston shipments and receipts compare with last year, and tomorrow's quotations list detailed fleeces and regional prices across multiple states and statuses.
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Grain and livestock markets edge mixed in Chicago and ports
Across Chicago and multiple Western markets receipts show hogs steady to higher on top prices around 10.75 while mixed cattle and sheep demand remains uneven. At South St Paul cattle and hogs trade near steady, with light demand and steady vealers and bulls. Portland reports little change with cattle and hogs near prior figures.
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Associated Press
Chicago
Texas
South ST. Paul
Portland
Cattle and Hog Receipts Reported at Spokane Market
Spokane July 22 cattle receipts 54 hogs 94 sheep 57 with quotations unchanged. Local market report records limited inventories and steady pricing across livestock categories.
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Spokane
The
Associated Press
Seattle Market Cattle and Hogs Steady
Seattle market notes show cattle receipts 140 head hogs 280 sheep none. Prices steady and market unchanged in a brief daily summary from Seattle on July 22.
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Seattle
Sugar market finds modest demand with steady futures
In New York refined sugar trading on July 21 buying was limited while overall demand stayed tepid. Prices held steady to 10 points higher at 5.80 to 5.90 cents per pound for fine granulated. Futures settled steady with about 48,000 tons traded: September 2.68, December 2.76, January 2.71, March 2.66, May 2.73.
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