Markets Grain Prices Edge Higher on Wheat Damage Reports
Reports of 20 to 45 percent spring wheat damage in four key states spurred a broad rise in grain values with September wheat at 1.48 at Chicago and July cash quotes mixed. Corn and oats showed modest gains while provisions rose, as farmers brace for dry spells and heat in the central Plains and upper Midwest.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Montana
North Dakota
South Dakota
Minnesota
Kansas
Kansas City
Liverpool
Nebraska
Iowa
Missouri
Oklahoma
Minneapolis
Illinois
Tiinois
Commission House
New York Stocks Rally On Broad Market Lift
Stocks climbed as high priced industrials led gains of one to six points with notable moves in American Can surging past 210 after favorable earnings and recapitalization signals. Sears Roebuck, Montgomery Ward, Woolworth, and Kresge rose while rail and steel shares advanced on merger chatter and June earnings strength. Foreign exchange posted a Danish kroner new high, sterling steadied near 4.85, and money rates eased from earlier levels.
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Associated Press
New York
American Can
Charles E. Mitchell
National City Bank
Sears Roebuck
Montgomery Ward
Woolworth
Kresge
Bethlehem
Atchison, Union Pacific
Atlantic Coast
Rock Island
Katy
Wabash
Lake Erie
Butter and Eggs Prices Circulate in New York and Chicago
Associated Press reports varying dairy and egg market data from New York and Chicago on July 23. Butter receipts total 9,669 with creamery prices at 41 to 44% and up to 44%c for extras. eggs see 17,905 receipts with fresh gathered grades at 35 to 37c. Cheese offerings total 243,672 pounds with state flats at 22 to 25c. In Chicago butter receipts reach 8,017 tubs with creamery grades from 39 to 42%c, and some categories steady at 41%c.
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Associated Press
New York
Pacific Coast
Chicago
Sugar prices hold steady as demand weakens
New York July 23 no improvement noted in refined sugar demand and prices unchanged at 5.35 to 5.45 cents per pound for granulated. Sugar futures closed easy with about 19,000 tons sold. July at 2.41 cents, September 2.53, December 2.68, January 2.70.
MENTIONED IN THIS ARTICLE
Associated Press
New York
New Sugar Prices Drop to Four-Year Low in New York
Sugar prices fall to a four year low with granulated sugar quoted around 5.30 cents a pound. Dealers cite fierce competition for business as the main cause of the decline in New York.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Market tone improves after Wednesday reaction
The market showed a firmer tone after Wednesday's pullback with short covering across rails and transportation shares. Favorable June earnings from carriers and merger talks supported demand for railroad issues while grains traded mixed as export demand remained weak and harvest prospects uncertain.
Potato Prices Reach Flat Market in Chicago Trade
July 23 Chicago potato market shows receipts 23, US shipments 460, liberal supplies and slow demand. Utah Bliss Triumphs No 1 at 3.50, Virginia Cobblers No 1 barrel at 6.50 to 6.60, Delaware Cobblers No 1 barrel at 6.25.
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Associated Press
Chicago
United States
Utah
Bliss Triumphs
Virginia Barrel Cobblers
Delaware Barrel Cobblers
Metals Market Gem of July 22 and 23 Prices
New York and London metals rates show copper steady at 14 cents, tin around 8.87 cents, iron unchanged, lead at 8.20, zinc 1.32, antimony 17.25. London copper spot 62 pounds 7s 6d, tin 263 pounds 10s, zinc 35 pounds 12s 6d.
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Associated Press
New York
East St. Louis
London
Logan & Bryan
Ndustrials
Acme Coal Ee
Checker Cab
Durant of
Delaware
United Refit Shaing
United Etaill Can
Cities Service Com
Arizona Globe Eee
Butte & Western
Cal Jerome Etree Wees
Consolidated Copper Cresson Wee Delores
Eureka
Seee
Hollinger
Vv. Devel
Kerr Lake
Mason Valley
Nipissing
Ohio Copper Te
Wwe
Western Union
Richmond
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Ajax
Stratton
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Boston Coppers
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North Butten
Arizona
Swift Sasuing Co
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Gopper Range
See
Salt Lake
Aswes
Alta
Columbus
Columbus Rex Sete Eee Combined Metals Soos
Livestock Prices From Chicago and Omaha Markets
Chicago and Omaha livestock reports show hogs higher on Wednesday with 14 000 and 8 500 receipts respectively. Hogs top around 14 35 in Chicago and 13 80 in Omaha while sows and packing hogs move up to 13 65. Cattle and sheep also show varied gains with fat lambs around 14 75 and cattle mostly steady to higher across weight classes.
Cattle Hogs and Sheep Market Report From St Paul
ST PAUL Minn July 23 cattle receipts 3000 little done early few sales steady odd head fed steers up to 10 one load long yearlings 13 50 grass cows 4 5 heifers 5 6 canners cutters 2 75 3 25 bologna bulls 4 25 4 50 up to 4 75 stockers feeders 4 6 wee win calves 1500 steady quality 9 9 25 to packers outsiders 9 50 hogs receipts 6900 fairly active 25 50c higher than Wednesday's average weights 159 300 top 13 75 packing sows 12 12 50 pigs steady bulk feeders 13 sheep receipts 500 fat lambs 25c higher natives 13 50 14 50 culls 10 10 50 sheep steady fat ewes 6 50 7 50
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Chicago
Associated
Mrese
Omaha
ST. Paul
South ST. Paul
Minn
Bologna
Sioux City Cattle Market Shows Active Trade
Sioux City Iowa July 23 cattle receipts total 890 with strong demand across categories. Fat steers and yearlings selling around 8.14 to 8.25, fat cows and heifers 5.56 to 6.13, grass stockers and feeders firm, veals 4.9 to 9.5, bulls 3 to 8, stock yearlings and calves 4 to 7.50.
MENTIONED IN THIS ARTICLE
Sioux City
Foreign exchange rates in New York steady on July 23
Foreign exchanges in New York on July 23 show steady quotations in cents. Great Britain demand 4.85 percent, cables 4.86 percent, 60 day bills on banks 4.21 percent. France demand 4.71, cables 3.15. Italy demand 3.65, cables 3.66. Belgium demand 4.62 and Germany demand 23.80.
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Associated Press
London
New York
United States
United States Steel
Willys Do
West
Maryland
New York Stock Exchange
Liberty
Liberty Liberty Let
United States Reasury
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Ef G. & Ll Bee
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Steel Sas Ia
I. & St. Peev
Montana
The
Great Britain
Italy
Belgium
Germany
Financial rates and bids in mixed collateral loan market
Market reports show closing bids at 4 percent for last loan calls and 3 percent for time loans. Mixed collateral arrangements span 60 to 90 days and four to six months, with prime commercial paper noted at 3 to 4 percent.
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