Wheat rises on export demand and view of supply tightness
Wheat futures gained on improved export demand with July at 1.15 to 1.15 3 4 and September at 1.14 to 1.14 3 4. News of 500000 bushels exported and 450000 bushels shipped to Georgian Bay supported prices while chatter of mill buys and back purchases from Europe tempered losses. Corn climbed on buying by a major firm and bearish crops data faded after profit taking. Oats drifted lower on a larger-than-expected crop yield and provisions held firm with corn support.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Georgian Bay
Seaboard
New York Stock Exchange Post-Peak Declines Amid Heavy Final Hour
Market opened irregularly with light turnover and slipped into heavy selling in the last half hour. Leaders Baldwin Studebaker Mexican Petroleum New Haven and Reading posted one to three point declines as speculative shipping oil and motor issues faced liquidating pressure. Sales totaled 1 175 000 shares with call loans at 2 1/2 percent and London remittances easing.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Baldwin
Studebaker
Mexican Petroleum
New Haven
Reading
Midvale-Republic-Inland Steel
Brooklyn Union Gas
Middle West
London
Stocks Drift Lower With Cautious Finances and Sugar Rally
The market opened quiet and moved downward with one to four point declines. Copper exports totaled about 25 million pounds, sugar prices surged to fresh yearly highs, and money rates eased with the call loan at 3 percent.
Grain and metal markets report from Minneapolis and New York
AP notes Minneapolis grain prices for Wheat Corn Oats Barley Rye and flax with No 1 northern Wheat at 1.43 to 1.52 dollars July 1.35 and September 1.22 while No 3 yellow Corn runs 53 to 54 cents. Copper steady while Tin and Lead Zinc Antimony quoted with spot prices in New York and East St Louis.
MENTIONED IN THIS ARTICLE
Minneapolis
The
Associated Press
New York
East St. Louis
Money market rates in New York steady on call and time loans
Call money remains easy and high at 3 percent with a ruling rate of 8. Closing bids and last loans shown at 3 percent. Call loans against acceptances at 3 percent. Time loans ease to 4 percent for 60 and 90 days and six months at 4.4 percent. Prime mercantile paper offered at 4.4 percent.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Prime Mercantile
Bar Silver and Currency Quotes Across Markets
Foreign bar silver quoted at 71 1 2 cents per ounce. Mexican dollars 55 cents. London rates show bar silver at 35 1 2 pence per ounce and money at 1 1 2 percent. Discount rates list short bills - 16 to - 7 16 percent and three months bills at 7 - 16 percent.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
London
Retailers Moving Into Buying Market Says Dun Daily
Dun's for tomorrow notes improved retail trade with more confident buyers. Iron and steel and auto industries show activity while building advances. Shoe and leather markets expand in the East with Western demand rising. Crop reports improve and May records a forward step despite a coal mining and railway strike threat. Weekly bank clearings reach 7.302 billion dollars.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Dun's
Tomorow
Bilers
Iron and Steel
Bowlder Blocks Great Northern Train Near Elk Park
A large Bowlder rolled from a mountain onto the Great Northern tracks east of Elk Park delaying the 3 PM train to Butte by two hours. Train crews and volunteers tried to move it but could not. Mines crew finally blasted it away. No other track damage reported after several days of heavy rain.
MENTIONED IN THIS ARTICLE
Great Northern Railway
Elk Park
Butte
Livestock market report from Chicago June 9
Cattle receipts 5000 steady to between grades with bullocks at 9.60, steer prices around 9.40 to 8.40 8.90, hog receipts 32000 open steady to 10 cents lower with tops at 10.95 and bulk 10.20 10.90, pigs 10.00 to 10.50, sows 9.50 to 9.90, lamb receipts 11000 slow with spring lambs up to 14.50 and heavies around 3 for ewes. 8600 direct to packers today.
MENTIONED IN THIS ARTICLE
United States Bureau of Markets
The
Associated Press
Chicago
Hog and cattle market report from Omaha sales
Hogs receipts 9 000, prices 6 to 10 cents higher. Bulk 180 to 240 pound butchers 10.30 to 10.40, top 10.45, 250 to 325 pound butchers 10.00 to 10.30, packing grades 9.00 to 9.85. Cattle receipts 1 600, better beef steers steady top 9.00, med yearlings slow, others steady. Sheep receipts 3 000, all classes steady, California springers 14.25, clipped lambs 12.75, choice light ewes 6.25.
MENTIONED IN THIS ARTICLE
United States Bureau of Markets
Associated Press
Omaha
California
United States
Kansas City
Texas
Denver Market Roundup Cattle Hogs Sheep Steady
Denver report shows cattle receipts 290 with a steady market. Beef steers 7.75 to 9. Cows and heifers 5.75 to 8.25. Calves 8.50 to 11. Bulls 3 to 5. Stockers and feeders 5 to 7. Hogs receipts 400 and steady with top 10 and bulk 9.90 to 10. Sheep receipts 777 and steady with clipped ewes 6 to 6.50 and spring lambs 13 to 13.75.
MENTIONED IN THIS ARTICLE
The
Associated Press
Denver
Cattle and Hog Market Report From South St. Paul
Cattle receipts 1 400 and hog receipts 8 500 at South St Paul on June 9 show a fairly active market with beef steers steady to strong. Best load lots 46 head averaging 1 220 pounds sold to packers at 8 85. Bulk of beef steers 8 8 50. Canners and cutters largely 2 75 2 85. Bologna bulls 3 50 4 25. Can beers and heifers 4 50 8 50. Hog market noted but cut off in data.
MENTIONED IN THIS ARTICLE
United States Bureau of Markets
The
Associated Press
South ST. Paul
Minn
Bologna
Market Report Hog Prices and Sheep Receipts
Hogs weighing 160 to 200 pounds bring about 10.50 to 10.60 dollars per hundredweight with lighter bids near 10. The 200 to 300 pound hogs average 10.00 to 10.40, packing sows trade around 8.50 to 8.90. Good pigs around 11. Sheep receipts total 290 with markets steady.
Kansas City Market Report Cattle Hogs Sheep Prices
Kansas City market notes show cattle receipts 1200 with beef steers steady to higher and top dealers around 10 dollars per cwt. hogs receipts 2600 with prices mostly steady to 10 cents lower and bulk sows 9.25 to 9.40. sheep and spring lambs steady with best native spring lambs around 14 dollars per cwt.
Cattle and Hogs Steady as Markets Open in Portland
Portland market summary shows cattle slow, receipts 32. hogs steady with 148. sheep steady with 512 receipts. Report from Portland on June 9 notes quiet demand across meat markets.
MENTIONED IN THIS ARTICLE
The
Associated Press
Portland
Ore
Market Steady as Receipts Rise in Spokane
Spokane market reports cattle receipts 213 and hogs 5 with no price changes. Sheep receipts 1,514 arrive on consign ment as overall quotations hold steady with no change.
MENTIONED IN THIS ARTICLE
The
Associated Press
Spokane
Wash
Foreign exchange rates across nations reported from New York
On June 9 New York reported demand figures for multiple currencies. Great Britain cables and 60 day bills traded around 4.49 while France stood near 9.08 and Italy around 5.15. Other nations listed include Belgium 8.39, Germany 34, Holland 39.02, Norway 18.60, Sweden 24.60, Denmark 21.90, Switzerland 19.15, Spain 15.99, Greece 6.26, Poland 0.02, Czecho Slovak 1.98, Argentina 36.50, Brazil 14.12 and Montreal 99.18.
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Heilbronner Company
American Car and Foundry
Ewer
Atchison
Allis- Chalmers
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Bosch
Brooklyn
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Ste Eee
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Eee
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Eeee
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Seeee O
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Teree
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Eeey
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Ener
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The
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Czecho-Slovakia
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Brazil
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Butter and Poultry Prices Reported By AP
New York and Chicago market notes show butter prices for No 2 at 25 25 ½ percent, creamery extras at 35c in Chicago, eggs varying with storage packing, and live poultry and dressed poultry values steady to firm. Fowls range 21c alive and 23 32c dressed in the latest reports reflecting current market conditions.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Chicago
Sugar futures close easy with strong demand noted
New York on June 9 reports sugar futures closing softly amid light trading. Approximately 51,850 tons moved with refined sugar steady at 5.80 to 6.00 dollars per hundredweight as buyers showed solid inquiry.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
London Metal Prices for Copper Tin Lead Zinc
London market report lists standard copper at £62 2s, electrolytic £69 10s, tin £153 2s 6d, lead £24 17s 6d, zinc £28 26s 6d with spot prices and rates noted.
MENTIONED IN THIS ARTICLE
The
Associated Press
London
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