Wheat hits new high as export demand prompts rally
In Chicago markets on July 5 the wheat market rose to new high prices for the season driven by Gulf export demand and a stronger Liverpool market. Corn and oats climbed as futures were buoyed by Winnipeg strength and export buying while hedging and profit-taking capped gains. Prices for No 2 red wheat near 1.33 to 1.38 per bushel, with corn and oats advancing and provisions also rising amid robust activity.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Gulf of Mexico
Liverpool
Winnipeg
Canada
Manitoba
Stock market steadies amid dividend pause at Bethlehem Steel
New York stock list shows firm undertone despite Bethlehem Steel Cummon’s dividend suspension. Railroads lead gains with Delaware, Lackawanna and Western reporting $1,281,000 in six months income, lifting Lackawanna to a yearly high. United States Steel slips while motors fade. foreign exchange drops on German loan deadlock talk.
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Associated Press
New York
Bethlehem Steel
Delaware, Lackawanna and Western Railroad
Lackawanna
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Chesapeake and Ohio
Baltimore
Ohio
Pittsburg
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Erie
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Wilson & Co
Inter
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London
Laurier, Wolcott & Co
Market Turns and Industrial Advances Struggle for Momentum
By Laurier Wolcott Co. turnover shows large totals but advances in industries remain limited. Motors tires oils and independent steels lag. gains driven mainly by grain price hopes and easing financials. Bethlehem Steel suspends common payments while capital outlays for Cambria Lackawanna and Pennsylvania Steel expand. Grain and tobacco sectors show strength as wheat demand persists and English millers bid higher prices.
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New York
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Ead
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American Tobacco Company
New high silver price touched for the year
New York July 25 silver touched a new high price for the year at 68 cents an ounce for commercial bars in the New York market. The advance is linked to renewed European demand for new coinage. The year's low price was 61 1/2 cents. Also in New York money news call money traded at 3 percent.
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Associated Pr
New York
Associated Prose
Call Money
Bradford
Ohio
Pennsylvania
Cattle and Hogs Prices Reported Across Cities
Livestock market notes from Chicago to Boston show mixed prices for cattle hogs and sheep. Record receipts and steady to higher bids appear in several markets while Denver Spokane and Portland list modest gains and steady demand amid broader agricultural price signals.
MENTIONED IN THIS ARTICLE
Portland
Metal and Currency Market Summary From New York
Metal markets show copper firm with steady iron prices and mixed spot and futures quotes for tin and zinc. Foreign exchange notes include varied cent quotations for Great Britain, Italy, Germany, Holland, Norway, Sweden, and Poland with several currencies around modest gains or declines.
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New York
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Foreign Exchange
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Associated Press
Eaay
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Qeistum
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