Markets Open With Sharp Wheat Plunge and Slipping Prices
The Associated Press reports a dramatic wheat market drop as prices fell 12 cents early and later slid 3 more, dragging wholesale values toward a record low. Speculative selling and bank pressure weighed on holders, with Minneapolis grain data showing further declines in No 1 northern wheat and related flour and bran figures. Cheeses and butter demand remained steady as other commodities fluctuated in New York and Chicago trading rooms.
MENTIONED IN THIS ARTICLE
Associated Press
Conte
Is' Dave
Ware
Olowes
Gore Reng
Abe
Bowron
Lauster
Wolgatt & Co
Ane Bohemia Beaton
Ely
Ondon
Ted Per
Houghton
Lami Gui
Toston Fontane
Spokan' Nby Lausier
Wolcott & Co
Ajax
Tim
Guelph
Gladstone
Shorts
Alby
Verh
Lausier
New York
United States
Iverty
Liberty
Berty
Daecho-Sioval Ie ‘Oy
Dominion
Batatia Be
Sas
Republic of Chitwe
Amercas
America
Col. Ty
Bethlehem Steel
Sireal
Northern Fe
Wall Street Tumbles as Wheat Decline Triggers Liquidation
Bear pressure dominates the New York market with heavy liquidation of weekly margined accounts. Industrial and railroad stocks drop one to four points while rail averages hit new yearly lows. Durable names such as United States Steel and American Can fall amid broad selling. yen and sterling move in irregular fashion as money markets show dull activity.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Fed
Wall Street
Congress
Warren Nomin
Paul
Northern Pacific
Preferred
Chicago Great Western
Durant
United States
American Gaiety Razor
Baldwin
Duran
Wheat Stocks Slip Amid Market Break On Monday
Stocks fell after a convulsive break in the wheat market with nearly 10 cent drops and panicky selling. The day featured volatile trading across many issues, a partial rally in late morning, and reports of weak wheat guidance and tax-related selling as investors digest broader economic news.
MENTIONED IN THIS ARTICLE
Lausier
Wolcott & Co
Board of ‘Trade
Easler
Wena
Coolidge
Warren
Texas
Spokane
Hy- Docheek
Jib Consolidated Mining Company
Livestock Market Mixed Halfhearted Buyer Interest
Chicago and St Paul market notes show hogs near steady to lower with 26 38 cents off, cattle receipts light and weights uneven with heavies and yearlings weak, best offerings around 11.50 to 11.80 and bulk 10.50, vealers soft and 10.50 few, sheep and lambs firmer in places, fat stock declines prominent amid limited demand.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Hogs and cattle prices carry mixed tone in multiple markets
Regional livestock trading data show Omaha and Portland reports with hog receipts around 15 500 and 20 0 pound ranges, top hogs at 14.26, light weights near 13.75 to 14.10, and packing sow prices 13.25 to 13.60. Cattle receipts about 8 000 with varied steer and yearling values, veal and stockers easing, while Seattle and Spokane sales list hogs around 14.25 to 14.40 and cattle steady to higher with choice steers 8.25 to 8.85.
MENTIONED IN THIS ARTICLE
Aine Atentzon
Amite
Amercan
America
Ameri Interna
Sai Corporation Ae
Amer Amer
Tel de Ag
Ie Ab
Baldwin
Itornia Petroleum
Gentry
Hhandler
Davison Chemical Iz
Famous Players
Minot Central Motors
Aleavel
Martie
Witeourl
Ian
Magma Copper
Montana
Miami
Montgomery” Ward
New York Central
Ang
Nevada
Pacific
Omaha
Associated Press
Omana
Portland
The
Ore
Beattie Union Lock Yards
Seattle
Wash
Also Mentioned on This Page
WHENT
Grain
Minneapolin Grain
Amnadatea
Minneapolis
Northern
Grance
Duluth
Ennery
Pacific Coast
NEW York Stock Exchange
New Law
Allan ‘Logan
Kansas City
London
Metal Market
York
London Metals
Lauster, Wolgott & Co
Bute
Jardine
Asmt
Glenrocke Hager
Musnela Mountain
W. Hh Hyan ‘Cons
Saitcreek
Copper Corp
Hawthorne
Howe Sound
Alumet & Amions
Garson Siti
Galumet & & i
Butte
Franklin
Yeockeri
Indiana
North
Dominion A. Ae
Non Sea. Co
Superior
Boston
South
Unites Swice Isi
Cig
Amenita
Ventura
Logan& Bryan
Cotten
Butte Mire
Atlantic
San Francisco
Los Angeles
FELF
Finlen
Lauzier, Wolcott & CO
Waite, Butte
Billings
Charles J. Kelly
James BE Woodard
James T Finlan
Wad and Garvie
Rowe
van Te Lamb
Merb
E. Galena Butte, Mont
Srokane
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