Markets rally on expected crop damage from black rust
Chicago and Minneapolis grain markets surged as forecasts of severe black rust damage in North Dakota and the Canadian spring belt boosted wheat futures. Cash quotes edged higher with no. 2 hard wheat around 1.63 dollars, while corn and oats followed the uptrend and butter and eggs traded mixed in New York and Chicago.
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Associated Press
Chicago
North Dakota
Liverpool
Willmar
Minn
Grand Forks
N. C
Kansas
Minneapolis
The
Montana
C. Varley
Speculators Drive Dow Up In Aerial Market Rise
On June 19 at the New York Stock Exchange speculators regained control as motors copper sugar northwestern rails and oils rallied. Teapot Dome decision boosting oil orders lifted Sinclair and related groups while sugar issues gained on tariff cues and forecasts of crop moves and higher freight rates.
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Associated Press
New York
Motors
Northwestern
Teapot Dome
Sinclair
Pan- American
Pacific
Standard Oil
California
Houston
Marland
Coolidge
Great Western Sugar
Northwestern Rails
la Follette
Wall Street
Chicago
Great Western
Union Pacific
Pennsylvania
Loree
Baltimore
Ohio
Reading
Dupont
Famous Players
Montana Power
United States
Iran
Flax Prices Narrowly Mixed in Duluth Market
In Duluth on June 19 close, flax for July contracts settled at $2.66 and Sept at $2.47 with October at $2.43. The session shows slight shifts across near-term futures.
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Duluth
The
Associated Press
Sugar market steady with steady refined sugar quotations
New York June 19 business in refined sugar remained steady at 5.55 to 5.70 per unit for granulated sugar.
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The
Associated Press
New York
Potato Market Sees Mixed Shipments and Prices
Associated Press reports Chicago June 19 potatoes receipts 29 new 20 old cars, U S shipments 778 new 143 old, trading old stock fair market steady. Wisconsin Michigan sacked round whites priced 1.10 to 1.25 and 85 cents to $1 for lower quality. new stock slow, barrels weak, sacks steady.
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Associated Press
Chicago
United States
Wisconsin
Michigan
Lead price cut by American Smelting and Refining
The American Smelting and Refining Company lowers lead price from 406 to 8.20 cents per pound in a June 19 report from New York.
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Associated Press
New York
American Smelting and Refining Company
Oils and Rails Hold Attention in Mixed Market
Oils and rails capture attention as Sinclair wins Teapot home claim and crude premiums rise in the Northwest. Wheat futures rally on favorable weather expectations while corn and oats show modest gains and overall harvest prospects point to a tighter domestic crop.
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Canadian
Liverpool
America
Northwest
Call money rates steady in New York market
Call money remained steady with a ruling rate of 3 percent and bids at 3 percent. Time loans showed mixed collateral for 60 to 90 days at 3 percent and four to six months at 3 to 4 percent. Prime commercial paper traded around 3 to 4 percent.
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Associated Press
New York
Foreign exchange steady in New York and London rates
New York on June 19 reports steady foreign exchange with Great Britain at 4.86 for cables and 4.81 for 60 day bills, France around 4.74, Italy at 3.75. Bar silver quoted at 68 3/4 cents in New York with Mexican dollars at 52 1/2. London lists bar silver at 31 1/4 to 16 1/4 per ounce and money at 3 percent.
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NEW York Stock Exchange
Logan & Bryan
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Baldwin Locomotive
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Ween
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Great Britain
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Associatea Presa
London
Metal Market Report From New York by Commodity Desk
Copper electrolytic spot and futures at 13 1/2 cents per pound. Tin steady at 56.12 cents spot, 55.75 cents futures. Iron steady and unchanged. Lead easy at 8.20 to 8.30 cents. Zinc easy in East St. Louis at 6.95 cents spot and futures. Antimony spot 16.50 to 16.75 cents.
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The
Associated Press
East St. Louis
London Metals Market Quotes for June 19
London metals prices report from June 19 shows spot and futures for copper tin lead zinc. Copper spot £60 12s 6d, futures £61 10s. electrolytic copper spot £64, futures £64 5s. Tin spot £252 17s 6d, futures £254 10s. Lead spot £33 5s, futures £32 15s. Zinc spot £34, futures £33 7s 6d.
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London Metals
The
Associated Press
London
Hogs Steady to Firm as Receipts Hit 22,000 in Chicago
Chicago June 19 hogs receipts 22 000 with desirable grades active and mostly 10 cents higher. Bulk good and choice hogs 225 to 340 pounds range 12.90 to 13.15 with top 13.25 per hundredweight.
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Chicago
Market Report Steady to Firm Across Cattle and Hogs
Bulk packing sows 11.60, cattle receipts 2,900 with grass and grassy offerings mixed. Yearlings firm near 11.25, small lots 11.40, weights up to 1,260 pounds averaging 10.60. Hogs 6,500 seen 10 cents higher, good butcher and bacon hogs 12.40 to 12.50, top 12.60. Sheep receipts 6,000, fat native lambs 15.50 to 15.75, ewes 5.50 to 6.50, heavies 4.50. ST PAUL and SOUTH ST PAUL Minnesota report.
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ST. Paul
Associated Press
South ST. Paul
Minn
Hogs and Cattle Receipts Rise in Omaha Market Report
Hogs receipts 13 000 active demand better-grade butchers up 10c with bulk sales mainly 12.25 to 12.75 per hundredweight. Cattle receipts 650 head active, steers and yearlings strong to 11 3/4c higher, weights and prices listed from $9.50 to $11.25 for various classes. Sheep receipts 3 500 lambs active up about 25c, top to $16 with sheep and feeders steady, market report from Omaha June 19.
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Omarba
Associated Press
Omaha
Denver Livestock Market Report June Hogs and Sheep Rise
Denver reports heavy hog receipts with most hogs 10 cents higher and late top at 12.80, drive-ins 12.50 to 12.65. Packing sows steady at 10.50, fat pigs up 25 cents. Cattle receipts 190 with little sale, six loads direct. Sheep receipts 4,500 active, lambs 15.25 to 15.25, 11.75 to 15.25 on flat basis.
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Denver
Associated Press
Idaho
Portland Market Report Cattle Hogs And Sheep
Portland market notes show cattle and calves steady with receipts of 30. Hogs also steady with 260 on contract. Sheep listed steady with no receipts.
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Portland
Associated Press
Cattle and Hogs Steady as Receipts Move Across Cities
Spokane reports cattle receipts 136 hogs 171 and sheep 62 with steady quotations. Sioux City notes 1000 cattle with active demand killers strong stockers steady fat cattle to 9.50 and yearlings to 9.50, fat cows to 5.50, canners to 2.25, veals to 4.9, feeders 6 to 7, stockers 4.5 to 7, and feeding cows 3.25 to 5.50.
Wool Market Report Indicates Steady Demand and Rising Prices
The Boston Commercial Bulletin notes continued steady demand in the local wool market with prices hardening across descriptions. West sales are strongest, foreign markets slower, and Mohair remains moderately active. Quoted prices cover domestic fleeces from Delaine to combing grades, with No. 1 and other grades listed for California Oregon Montana and Territory regions.
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