Markets and mining lift wheat on broader demand
Broad speculative demand and higher Winnipeg quotes push Chicago wheat up with July at 1.05 to 1.06 and September around 1.07 as corn and oats rise while provisions slip. Weather and farm bill hopes boost sentiment. exports and a draft substitute measure add bullish tilt. Minneapolis prices show similar gains across wheat, corn and oats with minor changes in rye and flax.
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Associated Press
Chicago
Winnipeg
Pacific Coast
Washington
Coolidge
Illinois
Rail stocks buoy market as oil fades late session
New York stocks rose on buoyant railroad shares while oil issues faced a selling wave at the close. Trading reached near 800000 shares as investors eyed favorable Washington signals and hopes for limited antirail legislation.
Flour and Bran Prices Hold Steady in Minneapolis
In Minneapolis on June 4, market notes report flour and bran prices steady with flour unchanged at 17 cents and bran at 18 cents. The brief AP bulletin confirms no change in the day’s commodity quotes and notes local price stability for milling products.
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The
Associated Press
Minneapolis
Market receipts show butter and eggs shifts in New York and Chicago
New York reports butter ease and egg receipts with various grades and prices, including fresh gathered extra firsts and storage packed ranges. Cheese receipts total 185,104 pounds. Chicago notes butter higher with creamery extras and firsts, and eggs rising with case counts and storage pack prices.
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New York
Chicago
Sugar Prices Move Slightly With Modest Inquiry
In New York on June 4 refined sugar saw only a moderate inquiry with prices steady to 10 points lower at 6.79 to 6.80 cents for fine granulated. Refined futures were nominal. A 5,000 bag sale of Cuban prompt shipment at 5.02 cents followed a 1-16 decline. Futures closed easy with about 7,000 tons traded. The July, September, December, and March futures quoted at 3.16, 2.2, 2.15, and 2. ic respectively.
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New York
Potatoes Market Report From Chicago June 4
Potatoes, old stock showing stronger receipts at 70 cars. Total US shipments reach 6989 cars. Wisconsin and Michigan round whites sold at 1.60 to 1.75. New stock firmer in Alabama and Louisiana Bliss Triumph No 1 priced 2.82 to 2.60, No 2 at 1.10 to 1.20.
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New York Money Rates Mixed in Call and Time Loans
New York money markets show call money steady to high at 2 to 3 percent with closing bids near 2. Last loans against acceptances at 7 percent. Time loans steady with mixed rates for 60 to 90 days and 4 to 6 months, prime commercial paper noted.
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New York
Wall Street Holds Gains as McNary Haugen Bill Fails
Wall Street shows relief after adjournment promising Saturday. Active stocks rise to new highs while McNary Haugen bill defeat lifts sentiment. Iron Age notes steel output near new lows with mills running above other units. American Water Works jumps from 65 to 71. Oil stocks face mid continent crude cut rumors amid cautious outlook.
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Livestock Prices From Omaha Market Report
Associated Press roundup from Omaha on June 4 shows hog receipts at 17 500 with mixed offerings and weaker prices, cattle receipts 5 800 with slow beef steer activity but steady overall, and sheep receipts 8 000 with fat lambs steady to slightly lower. Top hogs 7.00, cattle top 10.95, sheep lambs 16.25.
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United States Dept. of Agriculture
Omaha
Idaho
Hog prices in Chicago hog receipts steady to lower
Chicago AP reports June 4 hog receipts at 25 000 with demand steady to lower. Weighty butchers active at unchanged prices, light weight slow. top price 7.50 for 250 320 lb butchers. Other groups include 170 225 lb largely 7.30, 140 150 lb around 6.50 6.85, sows 6.40 6.60, and 120 130 lb pigs 5.75 6.25. Heavy-weight hogs 7.20.
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Associated Press
United States Dept. of Agriculture
Livestock Market Receipts and Prices Reported
Cattle and sheep receipts detailed with prices and trends. Sheep demand slow with lambs steady to lower. Idaho spring lambs to $17.25, best clipped $14.35. Cattle trade steadier but uneven. steers and yearlings mixed, fat stock around $4.65 to $9 for various grades, bulk $6 to $10.25, buyers stable to higher on some grades.
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Western Livestock Market News June 4 Report
Denver Chicago and West Coast markets report receipts across cattle hogs and sheep with mixed price shifts. Cattle steady to mixed. hogs active with gains on high grades. calves and sheep showed varying trends across Denver South St Paul and Los Angeles with top beef steers around 19 dollars and spring lambs near 11 dollars.
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The
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Federal State Livestock Market News Service
California
Cattle and Hogs Steady. Hogs Higher in Portland Market
Portland market reports cattle and calves steady with receipts around 50. Hogs rise 10 to 1b with 800 receipts. Heavy weights 250 to 325 lb fetch 7.25 to 7.75, 200 to 250 lb 7.60 to 7.85, 160 to 200 lb 7.60 to 7.95, 140 to 160 lb 7.65 to 7.85. Sheep and lambs also steady with about 1,100 receipts.
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Associated Press
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Spokane Market Report Shows Steady Cattle Hogs Sluggish
Spokane market bulletin for June 4 reports cattle receipts 101 steady, hog receipts 367 steady, sheep 14 with market unchanged and flat. No further details available due to fragment.
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The
Associated Press
Foreign exchange rates quoted in New York market
On June 4 in New York foreign exchange prices are given for currencies from Britain to Brazil and Argentina with bids in cents and francs and for Tokio and Montreal. Notable values include Great Britain at 4.31 dollars and 60 day bills at 4.28 and France around 4.95.
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Copper market quiet in New York trading
In New York on June 4 the metal market shows copper movements subdued across electrolytic, spot and futures products with little change in price, traders report.
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Metal Market
New York
Market metals prices report with grain and chemical notes
Tin steady at 41.25 cents spot and futures. Iron No 1 northern 20 to 21 cents, No 2 northern 19.50 to 20.50 cents, No 2 southern 21 cents. Lead steady spot 747.25 cents. Zinc steady East St Louis spot and nearby 6.77 to 5.80 cents, futures 5.80 to 5.85 cents.
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Bar silver and money rates in London and New York
Bar silver in London quoted at 34% pence per ounce and money at 1% per cent. In New York bar silver reached 66 1/2 cents per ounce, with Mexican dollars at 5 1/2 cents.
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Bavarian town names new public executioner Reichart
NEUBIBERG Bavaria authorities appoint Johann Reichart a coachman as public executioner for Bavaria. He will be paid about $235 for each head he cuts off plus travel expenses and $2.50 daily living allowance while on official duty away from home.
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