Wheat prices hit new high on world shortage fears
Chicago and Minneapolis report wheat futures rising to season highs as Liverpool demand and export doubts push prices up. July and September wheat advance while corn and oats show mixed moves amid rain and heat worries. Cash prices and day ranges listed with barley and seeds also noted.
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New Leaders Rise As Stocks Continue Upward Move
The New York Stock Exchange reports a second week of gains with nearly two dozen stocks hitting new high records for the year. Oil shares respond to crude cuts and production news while motors and utilities show strength. notable gains include Maxwell A, Woolworth, and General Electric.
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May
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Butter and Eggs Market Report New York and Chicago
New York June 16 butter steady with creamery extras 42 to 43 1/2 cents. eggs receipts 16 771 cases with fresh gathered extra firsts regular packed 28 to 29 cents. Nearby hennery whites extras 37 3/8 cents. Pacific coast whites 58 cents. Chicago June 16 butter unchanged creamery extras 40 cents. standard 39 cents. firsts 32 to 35 cents. receipts 43 144 cases.
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Bar Silver and Mexican Dollar Rates Announced
New York on June 16 reports bar silver Te Mexican dollars at 51 cents per ounce. Gisber notes 3 percent per ounce as the rate for bar silver and related pence per ounce.
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New York
Gisber
Further strength comes as markets rise broad and firm
Stocks gained breadth in the opening week session with many groups advancing from last week's highs. Oil shares improved on production expectations and General Electric rose on its resilient earnings outlook. Missouri Pacific and Brooklyn Manhattan Transit showed strength amid financing chatter, while cattle and hog markets displayed varied activity and lighter demand.
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Livestock Prices Drift Lower at Omaha Market
Livestock reports from Omaha show hog receipts at 14 000 with prices 6 40 to 6 95 for various weights and steady to higher for sows. Cattle receipts 10 500 with limited early beef sales mostly 10.50 top, stockers scarce, cows and cutters 2 50 to 8 50, bulls 4 35 to 4 75. Sheep receipts 11 000 with fat lambs about 50 cents lower, natives 15 to 15 25, ewes 4 85 to 5 25 and feeding lambs at 12 85.
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U. S. Department of Agriculture
Omaha
Chicago hogs and St Paul cattle market notes
Chicago hog receipts reach 54000 with prices mostly steady to weak on lower grades. Bulk 225 to 325 pound hogs bring 7.25 to 7.30 with top around 7.35, Desirable 160 to 200 pound hogs fetch similar levels. South St Paul cattle receipts are 2800 with slow, 25 cent declines on beef steers and yearlings. One fat steer load at 1300 pounds reported around 8.85, others 7 to 8.85 for bulk.
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ST. Paul
The
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South ST. Paul
Portland market cattle and hog prices steady across listings
Cattle and calves steady in Portland with 3,800 receipts and varied weights. Hogs 4,900 through, mostly steady with price ranges from 6 to 8 dollars for different weights and grades. Sheep and lambs about steady, receipts 1,850. better fat stock around 3.75 to 6.50 for stockers and feeders. Spokane shows steady cattle and hogs with prime steers at 7.50 to 8 and prime lambs at 10 to 11.
Cattle and hog markets steady with slower cattle bids in KC
Kansas City cattle receipts about 15 000 calves 3000 slow most bids on fed steers and yearlings unevenly lower few sales prices 7 50 to 8 50 for feeders stockers steady 6 00 to 7 60. Hogs receipts 10000 mostly steady tops 7 00 bulk 6 75 to 6 95. Sheep receipts 7500 lambs generally 50c lower tops 15 native and best Arizonas 15 35 with sheep higher 25c.
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Kansas City
Texas
Denver Market Report Roundup Hogs Cattle Sheep
Denver market recap June 16 shows hog receipts 1,400 steady to higher with select prices around 6.95 for choicest 218 pound averages. Cattle receipts 4,250 with dull trade and weak to lower tone on most classes. calves steady to 10 cents higher, yearling heifers around 8.25, good cows 5 to 6.75. Sheep receipts 1,000 with no lambs, sheep weak to lower and mixed Texas wethers about 6.50 to 6.00, two loads at 4.50.
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Cattle and hogs mixed in Los Angeles market report
Associated Press notes cattle receipts of 500 with 150 direct to packers. Steers bring 5.70 to 8.35 per cwt, imperial valley loads around 1 075 pounds at 8.25 to 8.35, cows and heifers 4.50 to 5.55, canners 2.00 to 3.25, bulls 3.50 to 4.25, calves 6.70 to 7.30. Hogs receipts 400, top 8.85, 170–200 pound lots 8.60 to 8.85, sows 6.00 to 6.25. Sheep receipts 50, lambs 12.35 to 12.75, clipped lambs 18.75, ewes and heavies 2.50 to 3.25.
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Irregular Foreign Exchange Rates Glance Across Nations
New York June 16 foreign exchange rates show varied quotations in cents with India Spain and Africa among listed quotes. Major pairings include Great Britain 4.32 percent, France 5.53 percent demand and 5.54 cables, Germany and Holland around 4.32 and 37.33 respectively.
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London metals prices and futures figures
London market roundup lists Standard electrospot at £61 17s 6d and futures at £62 15s, electrolytic spot £67 and futures £67 10s, lead spot £32 17s 6d futures £30 17s 6d, zinc spot £32 6s futures £32 2s 6d, with encodings for other lines.
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Sip Vu
Metal market quotes New York copper and related metals
METAL MARKETCHT NEW YORK June 16 Copper steady spot and futures about 12 percent up 12 percent. tin firm spot and futures around 43.62. Iron steady No 1 northern 20 21c No 2 northern 19 20c No 2 southern 20 21c. Lead steady spot 7 7.25c. Zinc steady East St Louis spot 5.85c Antimony spot 8.35c.
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New York Money Market Update June 16
Call money remains easy with a ruling rate of 2 percent and closing bid at 2 percent. Call loans against acceptances stand at 1 percent. Time loans show easier terms with 60 to 90 days at 3 8 percent and 4 to 6 months at 3 38 percent. Prime commercial paper markets follow similar easing trends.
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