Wheat market rebounds after government reserve report
Wheat prices recover from a fall sparked by a government farm reserves report. Trade shows gains with futures near 1.60 while exports buy on the dip. Indian and other grains influence movement. In Minneapolis grain and New York money markets, prices and yields show mixed movements, with bullion and metal futures also quoted.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Aino
Washington
India
Vmits Hare Hs
Stock Market Dips Amid Irregular Trading and Wage Moves
The New York Stock Exchange reports another irregular, low mood session with scarce public interest. Western packers plan wage reductions, Pennsylvania Railroad hints salary cuts, and leading transport firms may follow. Steel demand soft, Sugar Company profits slump, bonds pressured with Liberty 3s at year low. Total sales reach $8,875,000.
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Associated Press
New York
Germany
Liberty
Copper output dips in February across major mines
Inspiration Copper reports February production at 4.5 million pounds versus 5 million in January. East Coeur d Alene shaft dewatering advances with a 1,100 foot level pump, and expansion drilling aims to intersect the Leslie vein. Dominion Mining notes rich ore at 1,600 feet with a 40 foot vein width averaging 6 copper. Anaconda Copper output falls to 10 million pounds in February, with 3.4 million gallons water pumped daily and five mines active underground. Calumet and Hecla ships 250,000 pounds to Detroit and 225,000 pounds to France while awaiting March export orders.
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Amazon-Dixie
Sidlex
Mont
Coeur d'Alene
Wallace
Wesley Everett
Leslie Company
Amazon- Dixie Company
Everett
Leslie
Dominion Company
Globe, Ariz, Dispatch
Arizona Commercial Company
Anaconda Copper Mining Company
Boston
Anaconda
Calumet & Hecla
Houghton
Detroit
France
Calumet
Market Notes and Dividend Declarations in Early Trading
Stock market activity mixed with dividends from New York Central and Big Four at 1 percent regulars payable April and May. Reading company seeks court leave to intervene in asset distribution. Penn Mutual holds $1 million par Reading bonds. Sugar prices edge up as refiners cut availability. refined sugar at 7.15 cents. Wages cut for New York Central workers amid tax payments. Kerr Lake Mines declares 12.5 cent dividend. Overall market steady but sensitive to forthcoming disclosures and tax deadlines.
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Maxwell Motors
Nevada
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Scotia Steel
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Southern Ry
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Liberty
Ler Wolcott, Company
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Weigntssartia’” Peerlens
Do Pfa
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Barnett
Joston
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Montana
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Reading General Mortgage
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Porto Rico
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Howell
New York
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Philadelphia
Kerr Lake Mines Limited
Iron Age
Livestock Market Notes From Multiple Cities
March receipts and market tones vary across regions with bids steady to higher for cattle hogs and lambs. Prices show strength for butchers stock and feeders, while calves and vealers remain subdued in spots. Spokane and St Paul report mixed gains and general slow selling, with overall market activity cautious and inventories moving slowly.
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Mohicago
Wien
Rings Bull
Cary
Mata
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