Markets tumble as rains trim wheat gains in Northwest
AP reports heavy selling in Chicago markets on June 19 as good rains in the Northwest pressured wheat after an early price spike. July and September futures eased while corn and oats varied. provisions fell. Cash quotes showed mixed grain prices across No 1 and No 2 grades, with lard and ribs also retreating. Minneapolis cash wheat and corn values were listed, along with butter and egg quotations from New York and Chicago.
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Associated Press
Chicago
Northwest
Kansas
Liverpool
Buenos Aires
Canadian Northwest
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Minneapolis
The
Upward Stock Market Defies Oil and Rubber Selloff
New York June 19 heavy selling in oil and rubber shares failed to curb the broad rise in the stock market as railroad issues hit new highs for the year. Trading totaled about 755000 shares amid Democratic nomination uncertainty and a price-cutting wave in tires. United States Rubber held firm on solid non-tire business, while Atlantic Refining plunged nearly seven points. General Electric gained 2.5 points, Coca Cola and others posted gains, and sterling rose to 4.33.
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Associated Press
New York
Kelly-Springfield
United States
American Petroleum Institute
Atlantic Refining
Wall Street
John D. Rockefeller, Jr
Southern Pacific
Atchison, Illinois Central
Nickel Plate
Chesapeake & Ohio
Gulf, Mobile and
Northern Preferred
Walters Roads
Illinois Central
General Electric
Coca Cola
Schulte
Mathieson
Marine Preferred
Maxwell “A
Sugar prices in New York steady as futures mix
The refined sugar market in New York was firm and unchanged at 6.70 to 6.90 cents for fine refined with light inquiry at lower figures. Futures closed steady with about 69,350 tons traded. July 3.4, September late, December 3.55, March 3.35 cents.
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Associated Press
New York
Potato Market Update Shows Mixed Shipments and Prices
On June 1, the market reported 48 carloads of potatoes moving, with 561 shipments in total. Wisconsin round whites traded around $1.10 to $1.20 per 100 pounds, and Louisiana sacked Bliss varieties priced at $2.00 to $2.40. Carolina Cobblers fetched $3.25 to $4.00, reflecting quality differences and market conditions.
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Associated Press
United En
Wisconsin
Louisiana
Bliss Phs
Conson
Carolina
London Metals Spot and Futures Readout
London metal quotes from Associated Press show spot and futures values with mixed gains and declines. Prices listed in pounds per ton reflect market activity and volatility amid the session.
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London Metals
the Associated Press
Wall Street Carries Rail and Copper Groups Higher
Market movements show general list consolidating after a substantial advance. Rails lead, expecting a major railroad speculation. Nickel Plate and Chesapeake & Ohio tied to dividend changes and potential consolidation. Westinghouse units win a Japan contract, while copper and oil groups show mixed results amid steady money conditions. Livestock and sheep markets reflect slower activity with modest price shifts.
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Lauzier
Nickel Plate
Chesapeake
Cleveland
Erie
Pere Marquette
Chesapeake & Ohio
Pullman Company
Westinghouse Electric International Company
Westinghouse Electric & Manufaturing Company
Takata Company
Imperial Railways of Japan
Tokio
Kobe
I. F. Baker
Japan
Westinghouse
Hogs Receipts Steady to 5c Lower on Chicago Market
Livestock report from Chicago shows hog receipts at 35,000 with mixed demand. Heavyweights and some lower grades decline 5 to 10 cents, while light weights and slaughter pigs rise up to 10 cents. Prices range with bulk 250 to 325 pound butchers around 7.40 to 7.55, 160 to 225 pounds 7.10 to 7.35, 140 to 150 pounds about 6.75 to 7.00, and sows 6.35 to 6.70, reiterating firm highs for select lots.
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Chicago
Associated Press
U. 8 Department of Agriculture
Hogs Cattle and Sheep Prices Slide in Midwest Market
Department of Agriculture market report from Omaha dated June 19 shows hog receipts at 26,000 with prices mostly 15 to 25 cents lower. good to choice 220 to 300-pound hogs $6.80 to $7.00, up to $7, and lighter weights softer. Cattle receipts 4,700 with slower demand. steer and yearling values down 10 to 25 cents, top steer price $10, bulk $7.25 to $9.50, cows and heifers scarce but steady to lower. Sheep receipts 6,000 with lambs and yearlings 15 to 25 cents lower. western lambs $14.25 to $14.35, natives around $14, with mixed demand for feeding lambs weaker.
Cattle and hog markets report at South St Paul fair
U S Department of Agriculture notes cattle receipts about 1700 with dull steady to weaker prices. Steers around 800 pounds average. Hogs receipts near 10000 with light decline. Pigs and sows steady to lower. Sheep and lambs slow with bids 50 cents lower or more for fat native lambs.
Denver Market Reports Hogs Cattle and Sheep Receipts
Denver June 19. Hogs receipts 4,300 slow uneven with some early bids 10c lower and others 15c to 25c lower top $7 for 195-220 lb hogs. several loads 190-210 lb at $6.80-6.85. light lights $5.75. packing sows $5.50. fat pigs $5.25-5.50. stock hogs mostly $5. Cattle receipts 600 calves 60 slow about steady. cows and mixed yearlings etc. mostly steady with plain heifers $6-6.75, steer $6.50-7.25. bulls $4.60 down. feed canners $22.25. southern stock steers $5.25. Sheep receipts 5,000 with slow bidding. few range lambs and drives. yearlings and ewes slow with no early sales.
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Associated Press
U. S. Department of Agriculture
South ST. Paul
Denver
U.S. Department of Agriculture
Portland Market Report Cattle Hogs Lambs June 19
Portland market notes cattle and calves steady with 300 head received including 118 through, hogs steady with 836 head receipts including 354, sheep and lambs steady with top at 11 dollars a load of Mount Adams lambs bringing a 50 cent premium.
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Portland
The
Associated Press
U. S. Department of Agriculture
Mount Adams
Spokane Market Report Shows Steady Cattle Hogs
Spokane June 19 cattle receipts 47 market steady unchanged hogs receipts 226 market steady prime mixed $8 8.15 sheep receipts 12 market unchanged.
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Spokane
The
Associated Press
Cattle Receipts Mixed as Market Trends in Los Angeles
In Los Angeles on June 19 cattle receipts reached 760 with slow to strong demand. Grass cows averaged 1059 pounds at 8.25, with early grassers quoted 6.50 to 7. Bulls showed activity with some bulls at 4.65 to 5. Calves numbered about 200 and remained active, while canners and cutters sold 2 to 3.25.
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Los Angeles
Associated Press
U. S. Department of Agriculture
Market Summary for Hogs Sheep and Cattle
Bulk medium to good 190 to 225 pound grassers priced at 6.75 to 7.75 dollars. Hog receipts total 1,000 with arrivals late. early sales up to 10 cents higher. Two loads good and choice at 177 pounds average 8.60 dollars. load garbage fed hogs 7 dollars. Sheep nominally steady with no stock in yards.
Foreign exchange rates steady in New York notes
Foreign exchange quotations from New York on June 19 show steady demand across major currencies. Great Britain at 4.33 percent and 4.34 on cables, France 6.37 and 5.38, Italy 4.33, Belgium 4.68, Germany 3, Holland 37.41, Norway 13.50, Sweden 26.54, Denmark 16.88, Switzerland 17.69, Spain 13.43, Greece 1.75, Poland 0.000012, Czecho-Slovakia 2.95, Jugoslavia 1.19, Austria 0.0014, Romania 0.44, Argentina 32.54, Brazil 10.78, Tokyo 41, Montreal 985-16. 2
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Metal Market Report from New York Dated June 19
Copper prices show slight weakness with electrolytic spot and futures quoted around 12 percent. Tin remains steady near 42.62 cents, iron unchanged, and lead drifting around 7.25 cents per pound. Zinc softer in East St. Louis at 5.25 cents, antimony at 8.50 cents.
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Associated Press
New York
East St. Louis
Call money rates steady in New York on June 19
New York reports call money steady at 2 percent with a closing bid and offered rate of 2 percent. Call loans against acceptances list 1 percent, time loans stable with mixed collateral 60 to 90 days at 3 3 percent, and four to six months at 3 4 percent. Prime commercial paper quoted around 3 4 percent.
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Associated Press
New York
Silver Prices Ledgered Across Markets and Dates
Bar silver in New York on June 19 stood at 61 2/3 cents per Mexican dollar while London quoted bar silver at 34 1/2 pence per ounce on the same date. Money rates show 1 1/2 percent in market yields.
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The
Associated Press
New York
London
Flour and Bran Prices in Minneapolis Report
Flour prices unchanged to tie higher family patents with 7.10 to 7.40 dollars per unit. Bran priced at 20.71 dollars, signaling a steady market.
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Associated Press
Minneapolis
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