Wheat markets surge on crop concerns and weak shipments
Wheat prices rose sharply on July 28 as reduced winter wheat marketing and poor crop reports from South and North Dakota, Minnesota, Montana, and Manitoba prompted buying. France and Western Europe weather added to demand while exports and corn shortages supported gains. oats eased and hog-led provisions fell.
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Chicago
South
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Europe
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Manitoba
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Bullish Stock Rally Lifts New York Prices to Year Peaks
The New York Stock Exchange saw a broad upsurge with 60 issues hitting new year highs and total volume over 2,000,000 shares. United States Steel rose near 120 on strong earnings of $40,624,221 for Q2, while Auto and Rail groups led gains with several 1926 highs across teeing issues.
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Potato Prices Steady as US Shipments Totals Reported
Potatoes sold in 80 car receipts across the United States with total shipments around 23 dollars. Prices varied by region with Kansas Missouri Cobblers at 2.60 to 2.75 dollars and Utah Idaho Cobblers near 3.25 dollars. Virginia barrels ranged from 5.75 to 5.25 and No 2 at 2.50.
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Call money rates steady in New York markets
New YorkJuly 28 Call money steady with high and low at 4 percent. Ruling rate 4 percent. Posed bid at 4 and offered at 4. Last loan 4. Call loans against acceptances 3. Time loans firm with mixed collateral 60 to 90 days at 4 and 4 to 6 months at 4. Prime commercial paper at 3.
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New York
Poesia
Sugar Market Record Steady as Futures Close Flat
New York July 28 refined sugar held at 6.20 to 6.25 cents for fine granulated with light business. Futures closed steady with optional sales totaling 21,000 tons and September at 2.49, December 2.65, January 2.67, March 2.73.
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Associated Press
New York
Apasus
Minneapolis grain and foreign exchange report
Minneapolis grain prices list No. 1 northern wheat range from 1.55 to 1.60 per bushel with various grades. Foreign exchange quotes show Great Britain on demand 4.859 16 dollars per pound and 60 day bills at 4.81 11 16, with other European currencies noted.
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Montana
New York
France
Market Turnover and Grain Trends Report
Furnished by Logan & Bryan the market showed a large turnover with mixed advances in specialties and profit taking in others. U S Steel remained in demand ahead of second quarter statements while wheat and corn faced varied pressure amid export demand and crop signals.
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Livestock Market Report From St Paul Minnesota
Livestock receipts at St Paul July 28 show cattle 1 400 head steady to mixed with grassers firm on Monday. Calves 2 100 steady with most good lights around 9 dollars. Hogs 26 000 with butcher and bacon hogs down 15 to 25 cents from Monday. Sheep 800 with fat lambs 25 cents lower and ewes around 6 to 8 dollars.
Hogs and Cattle Prices Mixed at Regional Auction
Hogs Receipts 1900 steady to 10c lower, top 13.75 for seven loads, other weights 13.40 to 13.70, driving 13.40 to 13.65, sows 12, butchers 13, pigs steady, fat hogs up to 12.50, stockers 11.75. Cattle receipts 500, calves 50. Fed yearlings firm to 25c higher, mixed yearlings 12 at 791 pounds, grass cows 4.5 to 5.25, few heifers, stock steers 4 to 5.75. Sheep 300, nothing done early, two loads goats 3.0.
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Wyoming
Omaha
Sioux City
Associateon Press
Iowa
Livestock Prices Rise on Strong Sheep Demand
Wyoming grass steers and stockers show firm to strong markets with bulk grass cows at 3.65 to 5.25 and feeders 6 to 8.25. Lambs climb with natives quoted 14.25 to 14.50 and best at 15.25, while sheep ease to 7.00 to 7.40 for lighter weights.
Cattle Hogs and Sheep Market Report Spokane July 28
Spokane market report shows cattle receipts 368 and hog receipts 8590 with steady prices and no changes in quotations. Sheep receipts none and market conditions unchanged.
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The
Associated Press
Livestock Market Reports from Los Angeles and Sioux City
Cattle receipts in Los Angeles around 1000 with slow early trading and firm undertone. steer prices 6.50 to 7.60, cows 4 to 5.50, calves 10.50 to 11.75, heifers 6.75, canners 2 to 3.50. Sioux City reports 2500 cattle with slow market. hogs 6000 with lower bids. lambs around 14 to 14.40 for natives and Colorado weights 14.60 to 14.40, strong demand for light calves up to 9.50.
Market Briefs On Copper Tin Iron Lead Zinc And Flour
New York reports copper steady spot and futures at 148 wy a3. tin firm with spot 58.12 6, futures 58c. iron steady. lead unchanged. zinc firm at East St. Louis 7.30c. London lists copper spot £62, futures £63. zinc spot 135 6s. Minneapolis notes flour 10 30c lower in carload jets, family patents $8.65 8.80 per barrel. bran at $24. Shinments 42,178 barrels.
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