Wheat market falls as new crop hedging boosts selling
Wheat prices slid today amid fresh crop hedging and favorable harvest prospects, with September and December hitting new season lows. Cash wheat and oats also declined while corn and provisions weakened, as European demand remained tepid and domestic supplies eased.
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Associated Press
Chicago
Liverpool
Kansas
United States
North Dakota
New York stocks slump to year’s low on market fears
Prices in the New York Stock Exchange fell sharply as the market faced a weekend failure and weak dividend news. Industrial averages hit a new yearly low amid widespread rumors of brokerage failures and renewed pressure from declining oil and commodity prices. Stocks across the board set new lows, with major names such as United States Steel, Studebaker, Texas Company, and United Fruit posting losses. Call money rose, and foreign exchange moved lower with francs and marks dropping while sterling stayed near 4.62 dollars.
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New York
Wall Street
Stock Exchange
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Pennsylvania
California
United States Steel
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Phillips Petroleum
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Baldwin
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Stewart-Warner
United Fruit
Atchison, New York Central
Itimore & Ohio
Lehigh Valley
Northern Pacific
St. Louis Southwestern
Frisco Preferred
Union Pacific
Hood River Berry Receipts Fall as Season Nears End
Hood River shippers report shipments easing and receipts expected to be lighter than last week. Prices are low but berries may still yield profit if preserved. One car of Brawley tomatoes arrived in four basket crates with good quality and strong reception. Walla Walla hot house tomatoes and Spokane leaf lettuce shipments also noted with Lewiston head lettuce increasing.
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Hood River
Brawley
Walla Walla
Crude Oil Price Cut At Eastern Markets
Fittsburg Pa June 18 Twenty five cents a barrel was cut from the price of the principal grades of crude oil at the opening of the market today. New prices include New York Transit and Bradford District 3.25 National Transit Southwest Penn Eureka Pipe Line Buckeye Pipe Line 3. Other reductions cover Corning 15c to 1.70 Cabell 20c to 1.71 Somerset 20c to 1.55 Somerset light 25c to 1.75 Ragland 10c to .90.
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Associated Press
Fittsburg
New York Transit
Bradford District
National Transit
Southwest Penn
Eureka
Buckeye
Corning
Cabell
Somerset
Somerset, Light
Ragland
German marks hit vanishing point in New York market
New York June 18 German marks dropped sharply in today s foreign exchange, quoted at .0006 percent near the vanishing point, less than the Austrian crown at .0014 percent. The dollar would buy about 145 450 marks, roughly 39 617.10 in pre war terms. By noon the rate slipped to .00064 percent or 160 000 to the dollar.
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Associated Press
New York
Berlin dollar rate tumbles amid market alarm
Berlin reports the mark sliding to 143000 to the dollar at noon, after opening near 130000 and jumping over 10000 in an hour. Rumors circulate that the reichbank will raise discount rates from 18 to 30 percent, stirring concern in financial circles.
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Associated Press
Berlin
Reichbank
Bears in Saddle on Stock Market
Market observers note scattering liquidation and firmer selling amid mixed signals. Reports of a 26c drop in Pennsylvania crude and slow steel production hint at broader business slowdown, while Standard Oil withdraws from Southern Mexican fields. General Motors export activity and Chalmers-Maxwell 1923 gains are noted as counterpoints to the decline. Cotton prices fall, with Liverpool demand easing and favorable weather aiding a loosening market.
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Lauzier-Wolcott Co
Pennsylvania
Standard Oil of
New Jersey
Mexico
Standard Oil of California
Standard Oil
Kingsbury
Chalmers-Maxwell
General Motors Corporation
Liverpool
Commission House
Livestock Quotations Chicago Hogs and Cattle Prices Rise
Chicago market summary from June 18 reports hogs receipts 63 000 mostly higher for choice light and butchers with top 7.45 and 180 to 250 lb averages 7.30 7.40. Cattle receipts 19 000, strong kill ing classes, heavies 11.25 best long yearlings 11.10 bulk beef steers and yearlings 9 10.50. Sheep receipts 10 000, market fairly active steady on all grades with best native springs 16 16.25 and select yearlings 14.25.
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Chicago
Associated Press
United States Department of Agriculture
Texas
Omaha Market Summary From June Report
Omaha market notes show hogs receipts around 10 000 with steady prices for good 200 to 825 pound hogs at 6.30 to 6.60 and up to 6.70 for some. cattle receipts about 9 500 with veals up 25 cents, top steer price 10.85, bulk cows and heifers 6 to 8.25, feeders 7.25 to 7.76. sheep receipts 8 000 with lambs steady to strong and Idaho lambs at 16.25.
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Omaha
The
Associated Press
United States Department of Agriculture
Market Report: Idaho Lambs Top at 16.35
Best natives and yearlings sold steady to firm with light ewes at 5.25, heavies 3.75, Best feeding lambs 12.75, top Idaho lambs hit 16.35. Feeder activity and sheep values shown in a compact livestock market update.
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Idaho
Livestock Markets Report From Sioux City and Kansas City
Sioux City and Kansas City stockyards show cattle receipts around 4 500 and 10 000 respectively with sales mixed by class. Cattle and hog prices move within narrow ranges. steers, cows, heifers, and yearlings in the Sioux City notes and Kansas City figures reflect steady to higher bids and quality shifts across fat cattle hogs and sheep.
South St. Paul Livestock Prices June 18 1922 Market Report
South St. Paul market notes cattle receipts 3,300 with most steady prices. large shestock and bologna bulls weak. Best fat beef cattle early at 9.85, fat steers and yearlings 7.50 to 9.50, fat heifers 5.50 to 7.50, cows 4 to 6, canners 2.25 to 3.25, bologna bulls 3.75 to 4. Calves receipts 1,800 around 50c lower, best lights 8.50 to 8.75. Hogs receipts 13,000, slow but steady. top 6.50, bulk lights and butchers 6.25 to 6.65, packing sows 5 to 6, bulk pigs 6. Sheep 300 steady. spring lambs 15 to 15.25, yearlings 13.50, fat ewes 3 to 5.25, all spring lambs and new crop lambs noted.
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Kansas City
The
Associated Press
United States Department of Agriculture
Texas Wethers
South ST. Paul
Denver Market Report Cattle Hogs And Sheep
Denver market notes cattle receipts 2275 market steady beef steers 7 10 35 cows and heifers 4 50 8 50 calves 4 50 11 stockers and feeders 6 7 75 hogs receipts top 6 90 up 10 20c bulk 6 60 6 75 sheep receipts 1700 market steady lambs 14 15 ewes 9 75
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Denver
The
Associated Press
Col
Live Stock Prices From Los Angeles Market Report
Cattle receipts total about 1,000 with ranges for beef steers from 5 1 2 to 7 4 0 dollars and cows from 3 4 0 to 5 7 5. Calves, hogs, and sheep show varied values, with calves 150 200 pounds at 10 10 50 and hogs 150 200 pounds at 9 15 9 30, lambs around 12 1 3 for 84 pounds and other grades listed.
Spokane Cattle Hogs and Sheep Market Report
Spokane cattle receipts total 256 with market steady. Prime steers bring 7.75, good to choice 6.50 to 7, fair to medium 5.25 to 6, cows and heifers 6 to 6.50, canners 2 to 2.75, veal calves 6 to 8.50. Hog receipts 97, market steady with prime mixed 7.59 to 7.75, medium 7 to 7.50, heavies 5.60 to 6.50, stockers 6.75 to 7.25. Sheep receipts 51, market steady with prime yearlings 8 to 9, prime wethers 6.50 to 8, best ewes 3.50 to 6.
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Spokane
The
Associated Press
Cattle Prices Steady to Strong on Portland Market
Portland June 18 cattle report shows receipts 2331 with 142 through. Choice steers bring 7509 showing strength in the market. Medium to good grades sold 7 to 7.50 and fair to lower grades closed soft end of the day.
MENTIONED IN THIS ARTICLE
Portland
The
Associated Press
Ore
Market prices for cattle hogs and sheep reported
Receipts show cattle and hogs with varied classes and prices. Cattle range from common cows at 3 to 4 dollars to prime dairy calves at 8 dollars, with hogs peaking at 7.75 to 8.25 for prime light and 7.50 to 7.75 for fat pigs. Sheep items include valley lambs at 10 to 10.50 and ewes around 2 to 5.59, with yearlings at 7.50.
Foreign exchange rates in cents and national currencies
From New York on June 18 the market quotes irregular but with clear levels for major currencies. Great Britain at 4.62 pounds, France 6.15 francs, Italy 4.53 lire, Belgium 5.23 francs, Germany 0.0006 percent, Holland 39.23 to 39.26, Norway 16.46, Sweden 26.51, Denmark 17.86, Switzerland 17.97, Spain 14.90, Greece 3.45, Poland 0.000813, Czecho Slovakia 2.47, Argentina 56.00, Brazil 10.55, Montreal 97 21 32. Demand and cable figures vary by instrument.
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Metals Market Roundup From New York Trade Desk
New York reports copper at 15 percent, 15 cents. tin steady near 40.62 to 40.75, iron appraised at 29.31 for No 1 northern, 28.50 to 30 for No 2 northern, 27 for No 2 southern. Lead at 7.25 cents, zinc at 60 cents in East St Louis, antimony 6.65 to 6.75 cents.
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The
Associated Press
New York
Northern
Southern
St. Louis
New York Call Money Rates Show Slight Gains
New York on June 18 reports call money stronger with the ruling rate at 4.42 percent and closing bids at 5 percent. The last loan stood at 5 percent, call loans against acceptances at 4 to 4.5 percent. Time loans were steady to mixed with 60 to 90 days at 4 to 5 percent and 4 to 6 months at 5 percent. Prime commercial paper at 5 percent.
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The
Associated Press
New York
London metal prices drift on spot and futures
London market reports copper tin lead and zinc prices with spot and futures quotes. Copper spot 67 pounds 7s 6d and futures 67 pounds 15s. tin spot 190 pounds 20s 6d and futures 190 pounds 10s. lead spot 25 pounds 10s with futures 24 pounds. Zinc spot 29 pounds 10s and futures 29 pounds 6d.
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The
Associated Press
London
Bar Silver and Mexican Dollars in Markets
Overseas and London market notes report bar silver at 65 and 32 1-16 pence per ounce respectively. Mexican dollars quoted at 50%4c with money rates at 1% per cent. An item notes that enlargement or reduction of pictures was invented in 1650.
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Associated Press
New York
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