Wheat market slips as large offerings weigh on prices
Wheat prices fall amid expanded offerings led by the Southwest. July and September futures slip from yesterday’s gains as traders weigh dry weather, farm legislation, and export demand along with steady to firmer corn and mixed oats. Prices for related grains and fats show modest movements in Chicago and Minneapolis trading centers.
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Associated Press
Chicago
Southwest
Northwest
Minneapolis
Washington
Liverpool
Winnipeg
South
Vigorous New York market rally on tax bill hopes
A strong rally at the New York Stock Exchange followed the presidents approval of the tax measure and signals that Congress would adjourn, with McNary Haugen bill defeat fueling short covering. Public utilities and industrials led gains as traders priced relief from congressional uncertainty.
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Associated Press
New York
Congress
House
Wall Street
McNary-Haugen
American Water Works Common
North American Common
Virginia Railway and Power
Federal Light and Traction
International Paper
Famous Players
Northern Pacific
Chesapeake & Ohio
Norfolk & Western
Great Northern
Missouri Pacific
Baldwin
American Can
United States Steel
Studebaker
Middle States
Sugar Prices Steady in Quiet NY Market
New York June 3 Associated Press reports refined sugar quiet and unchanged at 6 to 6.80 cents per pound with futures nominal. Approximate sales totaled 9,000 tons. July 9.29 cents, September 3.54 cents, December 3.10 cents.
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Associated Press
New York
Potatoes Trading Fair Mixed Across Regions
Chicago June 3 report shows market slightly weak for new stock yet steady on cold receipts. Prices include Wisconsin sacked round whites at 1.60 to 1.65, Idaho russets 2.66, Alabama sacked Triumphs 2.25 to 2.40, Louisiana sacked Triumphs 2.25 to 2.35, with total U S shipments 487 cars.
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Associated Press
Chicago
United States
Wisconsin
Idaho
Wsacken
Alabama
Bliss
Louisiana
Bisse
Flour and Bran Prices Reported by Associated Press
Minneapolis reports changes in flour and bran prices with flour at 20 lower family patents and bran at 17 18, part of the ongoing price fluctuations tracked by the Associated Press.
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Associated
Minneapolis
Upward Movement in Securities Predicted After Conventions
Stock market gains follow President Coolidge signing the tax bill easing unrest. Steel, sugar, and metal trades show signs of bottoming, with Baldwin Locomotive leading a rally on strong bookings. Zinc and copper ore outputs rise in Butte and Superior, while silver and refined metal prices remain near recent lows.
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Lauzier
Wolcott & Co
Stock Exchange
Coolidge
Wall Street
Youngstown
Republic Iron and Steel
Baldwin Locomotive
Vauclain
Dow Jones
Butte & Superior
Kelly Springfield
Cumberland
American Smelting and Refining Company
Livestock market report from Chicago June 3 Hogs and cattle prices
U S Department of Agriculture notes hog receipts 30 000 with uneven demand. Heavy hogs bring 7 50 to 7 40 top and 5 65 to 7 10 for lighter classes. Cattle receipts 11 000 with beef steers and yearlings varied. prices 8 25 to 10 00, market looks steady to weak amid narrow shipping demand.
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The
Associated Press
U. S. Department of Agriculture
Chicago
Farm market summary from Omaha Denver and St Paul June 3
U S Department of Agriculture reports hog cattle and sheep receipts across three markets. Omaha hogs mostly 6 75 to 7 05. cattle steady to slightly higher with steers 7 50 to 10 76. sheep slow with lambs around 14 to 16. Denver hogs steady to 1 lower top 7 15. cattle weak for calves and stockers. sheep steady with native lambs 14 75 to 15 50. St Paul hogs slow to steady at 6 90 to 6 95. cattle steady to weak. calves 7 to 7 25. sheep 15.25 to 15.75.
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South Dakota
The
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Omaha
Denver
United States Dept. of Agriculture
ST. Paul
South ST. Paul
Butte
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Wee Mutual
Neihart
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New York
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Boston
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Los Angeles Livestock Prices Reported on June 3
Cattle receipts around 300 with best steers and heifers dull and down about 25 cents. Utah fed steers averaged 925 pounds at 8 dollars, several grass cattle at 5.50 to 7. Medium cows 4.50 to 5.75, canners 2 to 3.50, bulls 4 to 4.50. Calves weak with mid to good offerings around 6 dollars. Hogs receipts about 1,300 with prices 8.25 to 8.50. sows 6 to 6.70. Sheep receipts none.
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Los Angeles
Associated Press
United States Dept. of Agriculture
Utah
Portland Market Report Shows Mixed Livestock Receipts
Portland market notes cattle and calves steady with 33 head received hogs steady on 250 head. sheep and lambs steady to weak with about 2 000 head received.
Spokane Market Summary Shows Steady Cattle Hogs
Spokane reports cattle receipts 51 with market steady and unchanged hog receipts 180 also steady. Sheep receipts none and market unchanged.
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Spokane
The
Associated Press
Foreign exchange rates steady in New York
Foreign exchanges in New York on June 3 held steady with quotes in cents for several nations. Great Britain demand 4.325 16 dollars, cables 4.329 16, 60 day bills on banks 4.301 16. France demand 5.16, cables 6.17, Italy demand 4.35, cables 4.55, Belgium demand 4.46, cables 4.47, Germany demand per trillion ORM Holland demand 37.32.
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Associated Press
New York
Great Britain
France
Italy
Belgium
Germany
Mall stage to Helmville and Ovando departs Drummona soon
A U S stage is set to leave Drummona for Helmville and Ovando when 41 and No 4 arrive. Service runs daily except Sunday.
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United States Mall
Drummona
Helmville
Ovando
No. 4
Odd World Markets Move Through Mixed Demands
Mixed demand figures appear for multiple nations with rates such as Norway 13.54 and Sweden 26.48, while values like Jugo Slavia 122 percent and Austria 1.4 percent stand out. The report notes Argentina 32.75 and Brazil 10.85 with Tokio 40 percent. Montreal shows a holiday.
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Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugo Slavia
Austria
Rumania
Argentina
Brazil
Montreal
London Copper Market Prices and Futures Report
London on June 3 reports spot and futures prices for standard copper and lead. Copper spot £61 178 6d and futures £62. Lead has spot £30 15s and futures £28 12s. Zinc shows spot £31 and futures £31 2s 6d.
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The
Associated Press
London
Metal market steady with mixed shifts in copper tin and lead
New York copper and tin show steady prices while lead remains firm and zinc holds near 5.80 cents. Antimony sits at 8.40 cents with spot quotes listed for East St Louis and futures trade.
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East St. Louis
Call money rates ease as market shows mixed bids
New York on June 3 reports call money easier with a 3 percent ruling rate and bids around 2 to 3 percent. Last loan 2 percent, call loans against acceptances 2 percent, time loans steady with mixed collateral for 60 to 90 days at 4 percent and 4 to 6 months at 4 4 percent. Prime commercial paper cited at 4 to 4 percent.
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Associated Press
New York
Britain’s Trade Gap in Year Ended March 31
Britain’s imports for the year ending March 31 totaled 1,126,200,000 pounds sterling, per the Board of Trade Journal. Exports of British produce and manufactures for the same period were 129,100,000 pounds.
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Britain
London
Board of Trade Journal
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