Markets and Mining News From Canada and U S Grain Markets
Canadian buyers and favorable weather spurred heavy wheat selling in Chicago with prices down and traders anticipating a larger domestic crop. Government reports loom next week and export business is seen under cover while corn and oats fall with better crop outlooks. Minneapolis notes mixed grain prices with No. 1 northern wheat at 1.33% to 1.38% and oats at 51% to 1% higher. copper and silver markets little changed in New York.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Winnipeg
Liverpool
Canada
Ward
United States
Minneapolis
Ansociated
Steel leads stock gains as profit taking eases
In New York trading, profits pulled prices back but late buying steadied markets. United States Steel rallied to a high around 106 1/2 while rail issues stayed weak. American Can and General Electric hit new highs before a late rally. foreign exchange showed weaker francs and a steadier call money rate amid a large loan volume.
MENTIONED IN THIS ARTICLE
Associated Press
New York
United States Steel Corporation
United States Steel Common
American Can
Baldwin
General Electric
American Tele- Philadelphia
Reading Coal and Iron
United States Steel
NEW York Stock Exchange
Lausier, Wolcott & Co
LIT ENCOUNTERS IMPORTANT MOVES
The article notes a strong market rally led by the United States Steel group and a general list uptick with heavy profit taking in rail shares. Goodyear, Magma Copper, Savage Arms, and Cuban Cane Sugar are cited for gains or favorable outlooks as investors anticipate stabilizing demand and dividend actions.
Livestock market report from Chicago delayed sale notes
July 30 livestock prices show uneven demand with cattle receipts around 11 000 and hogs trading steady to firm. Top hogs reach 11 00 to 11 10 for choice weights, packing hogs mixed. cattle feature strong demand for fat and long yearlings with top steers around 11 60 and 11 40 for heavy weights, light stockers and feeders down from earlier levels.
MENTIONED IN THIS ARTICLE
Ccuicago
Rene
Department of Agriculture
Hoge
Derry
Cattle and Hogs Trade Reports Across Several Markets
United States Department of Agriculture dispatches from Saint Paul Kansas City Omaha Spokane and Portland show cattle and calf receipts in the thousands with sales steady to higher. Slaughter steers yearlings and heifers mixed gains and weaker meals. Hog demand uneven with top values near 9.50 while sows and feeders vary by market. Sheep receipts steady with limited sale activity and higher native lamb quotes in some districts.
Cattle Hog and Sheep Market Report From Los Angeles July 30
Cattle receipts 700. Market slow but about steady with good and choice loads of Imperial steers and various grades of cows bulls and calves. Hogs receipts 1,000 with moderate activity, mostly 8c to 1 higher. Sheep receipts 6, no early sales with lambs slow and weak. Prices include pigs at 8.75 to 10.75, cattle 3.75 to 5 for cows, calves 1.15 to 4.25, hogs 8.50 to 12.00, and lambs up to 11.25 for choice weights. Foreign currency quotes follow.
MENTIONED IN THIS ARTICLE
ST. Paul
United States Dept of Agriculture
Montana
States Dept of Agriculture
Kansas City
Vance
Kansas
Amsoc
Department of Agriculture
Omaha
Shippe
Portland
Brent
Angeles
The
Associated Press
V8 Department of Agriculture
Los Angeles
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Itou
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Petroleum
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Lauzler
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United Verde Extension
Verde
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Asume
Lauzier, Wolcott & CO
Butte
Billings
Missoula
Chicago Board of Trade
N.Y
Curb
Salt Lake
Metals Bank & Trust CO
Butte, Mont
Charles J. Kelly
James E Woodard
Presigent
First National Bank OF
Andrew 3. Davis
J. E Stephenson
George A. Mill
Andrew J. Davis
A Clark J
Ross Clark
W. A. Clark & Bro
EEX 3
Johnston
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