Wheat Climbs Late On Strong Demand In Market Rally
Wheat surged in final trading hours as speculative demand rose and the Southwest hot wave spread. July and September hit new high close prices while oats and corn showed mixed moves. Export activity and smaller Argentine surplus supported buying. Liverpool weakness provided a temporary drag. Minneapolis cash bids quoted No 1 northern wheat at 1.22 to 1.28 dollars.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Southwest
Liverpool
Winnipeg
Atlantic Seaboard
Europe
Gulf of Mexico
Argentina
Minneapolis
Stock market opens higher but ends mixed on profit taking
New York opening saw stocks rise but late trading turned bearish as profit taking offset gains in oils rubbers motors and utilities. 1924 highs touched by Consolidated Gas Brooklyn Union Gas Columbia Gas and Electric American Water Works and Brooklyn-Manhattan Transit. Kresge and Woolworth hit new highs while rail shares showed strength then eased.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Consolidated Gas
Brooklyn Union Gas
Columbia Gas and Electric
American Water Works Common
Brooklyn-Manhattan Transit Common
Kresge
Woolworth New Stock
Schulte and
Tobacco Products
Kelly-Springfield
van Sweringen
Chesapeake & Ohio
Southern Pacific
Norfolk & Western
Pennsylvania Railroad
Cosden
Marland
Phillips
Sinclair
Herriot
Ruhr
Flour Prices Rise in Minneapolis Trade
Minneapolis June 16 flour markets report a 10 to 20 cent rise with family patents at 7.39 per barrel. Shipments total 43,696 barrels as flour demand steadies.
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Minneapolis
Butter and Eggs Market Reports Across Cities
New York and Chicago market notes dated June 17 show butter receipts and prices for creamery extras and firsts. NY reports varying percentages and grades with substantial receipts. Chicago lists lower prices across extras standards and firsts with sizable case counts.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Chicago
Sugar prices hold steady as futures inch up
New York sugar markets show refined sugar unchanged to 25 points higher with fine granulated at 6.65 to 6.85 cents. Refined futures were nominal. July 3.40c, September 3.78c, December 3.46c, March 3.25c. About 49 000 tons sold in light trading.
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Associated Press
New York
Potatoes Prices Drift as Market Slows in Chicago
A.P. report from Chicago on June 17 notes very slow trading for potatoes with weak barrels and steady other lots. Receipts show new 309, old 76 shipments. Wisconsin and Michigan sacked round whites priced around 1.20 to 1.86, various consignments listed by quality in several states.
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Associated Press
Chicago
United States
Wisconsin
Michigan
North South Carolina
Alabama
Tegas
Elise
Stocks Strengthen After Eight Day Rally Amid Broadening Gains
Stocks advanced further with broader participation across issues, led by high priced industrials. Nickel Plate common rose above the preferred on a rising dividend expectation, while Allis Chalmers and Maxwell Motors posted gains and a major new electric plant was reported to begin operation. Union Pacific outlined Wells-Rogerson cutoff work and North Butte explored Arizona ore prospects as markets remained buoyant.
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Atchison
Allis-Chalmers
Ca Car & Foundry
Bia Ais Ava
Allied
Enka
Austin-Nicholls
Anacon
Bethlehem Steel
Baltimore & Ohio
Chicago-Northwestern
Butte & Superior
Jonniekae Sneha S
Butte Eee & Zinc
Werro
Hicase
Milwaukee & Bt
Waal
Eceess
Carenone
Ohio
Chie
Sier Motors
Eee
Tson Chemical
Irich Rubber
Peter
omie-Cananea
Great Northern
Uston Olwee
Dson Motors
Central
Aweee
Atlon
Missouri Pacific
Ork Central
Haven
Norfolk
Iron & Ete J
Oebuc Oennsee
Exas Pacific C. & Ee
Nion Pacific
Xas Gulf
United States
Ivan Pipe
Virginia
Westinghouse Electric
Wanenee
Billips Petroleum
Warner Etree
New York
Nork Broek
Seeaneges
Lauzier
Wolcott & Co
Woolworth
Kresge
General Electric
Allis Chalmers
B. M. Baruch
Maxwell
International Paper Company
Feeder Dam
N. Y
Hudson River
C. R. Gray
Union Pacific Railroad
Wells-Rogerson
Utah Construction Company
Union Pacific
Rogerson
Idaho
Wells
Nev
North Butte
Arizona
Hogs Rise on Strong Demand in Chicago Market
U S Department of Agriculture reports hog receipts at 30 000 with moderate activity. Prices on good to choice 250 to 825 pound hogs range 7 35 to 7 40 with tops to 7 40. 160 to 225 pound average hogs largely 7 30. 140 to 150 pound pigs bring 6 50 to 6 90, sow prices 6 35 to 6 65. Strong demand carries through to killing pigs 120 to 130 pounds at 6 00 to 6 35. Cattle news from Spokane follows.
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Chicago
The
Associated Press
U.S. Department of Agriculture
Omaha Denver and St Paul Livestock Market Rundown June 17
U S Department of Agriculture reports livestock receipts and price ranges for Omaha Denver and St Paul on June 17. Hogs top at 7 05 in Omaha. cattle mixed with firmness in places. sheep slow with declines noted. Prices shown for hogs cattle and sheep by region include averages and top values.
Cattle and Sheep Receipts Report from Los Angeles Market
Cattle receipts 5600 slow and weak with grass steers around 6.50, cows and heifers 4 to 6.50, canners 2 to 3.20, hog receipts 800 fairly active but generally weaker, top 8.60 for select butchers, sows 6 to 6.25. Sheep receipts 650 wooled lambs slow, clipped lambs active, prices 10.65 to 11 for large lambs, ewes around 5.25.
MENTIONED IN THIS ARTICLE
Omaha
Associated Press
U. S. Department of Agriculture
ST. Paul
The
South ST. Paul
Los Angeles
Market Summary Portland June 17 Cattle Hogs Sheep
Portland market report shows cattle and calves nominally steady with 26 receipts. hogs nominally steady with no receipts. sheep and lambs receipts 87.
MENTIONED IN THIS ARTICLE
Portland
The
Associated Press
U. S. Department of Agriculture
Market Receipts Steady Across Hogs Sheep
Receipts show 606 head of hogs and 12 head of sheep with markets steady and unchanged. Cattle receipts listed as 37 or other small totals also indicate a steady market.
New York Money Market Rates Report
Call money remains easy and high at 2 percent with the ruling rate at 2 percent and closing bids and last loans at 2 percent. Time loans show mixed collateral with 60 90 days at 3 3 percent and 4 6 months at 3 percent with prime commercial paper at 4 percent.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Foreign exchange and metal markets fall in New York report
The June 17 market note lists easy foreign exchange quotes for major currencies including Great Britain France Germany and Spain with daily rates and cables. It also reports copper tin iron lead zinc and antimony activity with spot and futures prices and notable shifts.
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Associated Press
New York
Great Britain
France
Italy
Germany
Northern
West St. Louis
London Metals Report Shows Standard Pricings
London metals report from June 11 notes the standard price at £61 128 6d, with futures at £62 3s. The brief update records current market levels and contrasts near-term futures with the spot standard.
MENTIONED IN THIS ARTICLE
London Metals
Associatedress
London
Market quotes and notes from London and York
The report lists prices for Electrolytic-Spot Tin-Spot Lead-Spot and Zinc-Spot with futures figures, bar silver values in York and London, and a brief note on mudguard edge curling by English manufacturers to channel dirt away from running boards. The details include currency and percentage figures and describe the improvement in car protection.
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