Wheat prices rise on unexpected export demand rally
Markets report higher wheat prices as export demand revived, with March at 1.53 and May at 1.42. Corn and oats gained modestly while provisions varied. Analysts note political unrest and wage cuts as bearish factors, yet seaboard buying supported a rebound before prices faded. Cash quotes list No 1 red wheat at 1.59, No 2 yellow corn at 61-61.5, and No 2 rye at 1.44.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Germany
United States
Seaboard
Europe
Gulf of Mexico
Marion
Timothy
Wheat and grain prices and receipts in Minneapolis market
Minneapolis March 24. Wheat receipts 209 cars versus 131 a year ago. Cash No 1 north 62 March 1.38 State 3 yellow 50 5le Oats No 3 35 36 Ke Rye No Rye 1.43 1.44 Flax No 1.73 1.76 Shipments 56,289 barrels Bran 22 23.
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The
Associated Press
Minneapolis
RyerNon
New York Money Rates and Exchange Summary
New York money market reports show prime mercantile paper at 7 percent. Sterling demand and cables at 3.91 percent. Francs demand 6.93 and cables 6.95. Argentine demand 34, Brazilian demand 15.25. Time loans for 60 and 90 days at 6 percent. money market rates fluctuating with bids near 6 percent.
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NEW York Money
The
Associated Press
New York
Prime Mercantile
Greece
Metal Prices Report from New York March 24
Copper steady across electrolytic spot and March at 12% 12.3 cents, second quarter 12% 13 cents. Iron unchanged. Tin firmer spot and nearby at 30.30 to 30.25 dollars, futures 31 dollars. Lead dull at 4 cents spot. Zinc steady in East St Louis at 4.70 to 4.75 cents.
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The
Associated Press
New York
East St. Louis
Heilbronner
Sumatra
Atchison
Beth
Teel B
Baltimore & Ohio
Bosch M
Rooklyn
Seers
Utte & Superior
Butte Cop. & Zinc
Calif. Petroleum
Canadian Pacific
Ches. & Ohio
Chandlers Motor
Chile
China
Olorado Uel
Columbia Graph
Calif
Cerro de Pasco
Columbua D
Elk Horn
Fisk
Eneral Electric
General Motors
Greene-Cananea
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Goodrich Tree
Interborough
Harvester
Mer. Marine
Ewes
Kennecott
Kelly-Springfield
Keystone Tire
Ckawanna
Lee Tire Ee
Petroleum
Maxwell Motors
Midvale
Miami Copper
Missouri
Pacific
Nat
Montana Power
Nevada
Market Summary Silver and Discount Rates
Bar silver in New York at 99 3 4 cents domestic and 57 1 2 cents foreign Mexican dollars 43 1 2 cents. In London 334 pence per ounce money, 6 percent discount on short bills, 6 1 2 percent on three month bills.
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The
Associated Press
New York
London
Sugar prices steady in late March market report
Sugar prices compiled by the Associated Press from New York show raw sage at 6.27 cents per pound for centrifugal, refined sugar at 8.25 cents per pound for fine granulated, reflecting prevailing market levels on March 24.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Wealthy families and feudal estates in Mexico
The article notes about 7,000 families of Spanish Creole descent occupy fertile land across Mexico, with feudal estates averaging over 1000 square miles given the republic’s 750,000 square miles. It also reports stock market swings in New York, driven by Good Friday, labor unrest, dividends, and international tensions, and a Cuba grass that injures insects.
MENTIONED IN THIS ARTICLE
Republic
Mexico
Market Review Says Stocks Steady Pre Holiday Trading
Heilbronner Market Review notes a pre holiday market with little movement across the board. Oil shares such as Mexican Petroleum and Pan-Americans hold gains. copper and railroad stocks show quiet demand while coal and steel sectors trend upward amid mixed earnings and dividend news.
MENTIONED IN THIS ARTICLE
Heilbronner
Houston Oil
Mexican Petroleum
Sinclair Consolidated
Royal Dutch
Pure Oil
Invincible
Associated Oil
New York
Montreal
Ow York
Cal
Chicago
Wade
Atlantic
Gulf
Silver Market Outlook Dims Amid Global Copper and Ore News
A cautious metals market report notes weak silver demand tied to Orient trade and crop failures in China and India. Mexican output is set to fall sharply, with only Canada Mexico and Australia supplying remaining world needs as producers pause. Deep mining shifts and possible resumption at Sunset mine add to the sector’s mixed outlook as copper producers face losses at current prices.
MENTIONED IN THIS ARTICLE
Orient
China
India
Republic of Mexico
Mexico
United States
Treasury
Pitman
Canada
Australia
Wilson
Chicago Livestock Market Report March 24
Cattle receipts 8000 with a dull market across grades. Beef steers 8.50 to 9.50, fat cows 5.75 to 7.75, canners 3 to 4.50, bulls 5.25 to 6.35, veal calves 8.50 to 9.50, stockers 7.50 to 8.50. Hog receipts 20000, market slow, heavies 11.10 top, bulk 200 lb 10.60 to 11.00, 220 lb 9.25 to 10.50, pigs 0.50 to 0. a etree 0 to 120 lb pigs. Sheep receipts 19000, market weak to 5 lower, lambs 10.75 to city butchers, fat wooled lambs 9.75 to 10.50, fat ewes 5 to 6.
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The
Associated Press
Chicago
Market Report South St Paul Livestock March Receipts
South St Paul reports cattle receipts of about 3 500 with steady to 25c lower classes. Prices include yearling steers around 9 50, good beef steers 8 75 to 9 25, common to medium 8 75, cows and heifers 4 25 to 6 50, canners 2 to 4, calves 1 lower. Hog receipts 6 800 with prices about 25c higher, range 7 50 to 10 60, pigs 11 50 high. Sheep and lambs light, 7 pound lambs noted.
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Associated Press
South ST. Paul
Hogs and cattle market report from Omaha trade day
Omaha March 24 hog receipts 7 000 with half to shippers. prices up to 35 50c higher. Packers inactive. bulk sold to shippers and mid weight butchers. Cattle receipts 5 700 beef steers 25c lower. spots weaker, bulls steady to weak. veals down up to 50c. Sheep receipts 8 000 lambs early sales steady with a weak undertone. ewes higher to 15 25c, prices around 10.10 and 6 for lighter lots.
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The
Associated Press
Omaha
Market Receipts Steady as Quotations Unchanged
Spokane report shows hog receipts 7 with market steady and quotations unchanged, cattle receipts 55 with market steady and quotations unchanged, sheep receipts none with market steady.
Copper Output Figures for United Verde Extension
United Verde Extension Mining reports about 33 million pounds of unsold copper on hand with 10 million pounds of that placed in the Copper Export association pool of 400 million pounds. The status indicates substantial inventory and participation in export pools to manage supply and market exposure.
MENTIONED IN THIS ARTICLE
United Verde Extension Mining Company
Copper Export Association
Tuolumne Shows An Operating Gain In 1920 Mine Report
Tuolumne Copper Mining reports 1920 output of 1,132,977 pounds copper, 278,691 ounces silver, 210.58 ounces gold from 350 operating days. Net smelter returns $265,332.33, up $47,779.27 from 1919. ore valued at 2.0266% copper, 9.9497 oz silver, 0.0075 oz gold per ton.
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Main Range
Paul A. Gow
Tuolumne Copper Mining Company
Phoenix
Ariz
Spread Delight
Rory O’more
Great oil field in the far north near Fort Norman
Mounted police returning from annual mail trips report a vast camp forming in the Fort Norman oil fields in Alaska. The field, stretching along the McKenzie river for 300 miles by 200, it encompasses 600000 square miles with hundreds en route and others awaiting spring, while Imperial Oil sunk a well that gushes 1000 barrels per hour at 800 feet and plans to pipe to the nearest navigable stream assisted by two Canadian government airships for communication.
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Associated Press
Fairbanks
Alaska
Fort McPherson
McKenzie River
Fort Norman
Imperial Oil Company
Livingston to vote April 4 in mayoral contest
Livingston reports Mayor Lewis Terwilliger seeks another term against Councilman C H Paugh a socialist at the April 4 city election Dan Healy a former state senator who ran as a write in on the democratic ticket will not run A shipment of 10 Krag rifles arrives for Park post No 23 American Legion for ritualistic and funeral use Joan A Wells gains a stay of execution pending a motion for a new trial Charles Matheson convicted with Wells is sentenced to one to two years in the state prison
MENTIONED IN THIS ARTICLE
Livingston
Lewis Terwilliger
C. H. Paugh
Dan Healy
Park Post No. 23
American Legion
Joan A. Wells
Charles Matheson
Wells
Incorporations in Helena Include Oil Investors Group
Helena March 24 announces incorporations including Associated Oil Investors of Helena and individuals Glenn M. Campbell China R Clarke among others with capital totaling 250000 dollars.
MENTIONED IN THIS ARTICLE
Associated Press
Helena
Associated Oil Investors of
Glenn M. Campbell
China R. Clarke
Tighten Restrictions Travel to This Country
Paris reports that starting March 25 American federal health authorities will tighten travel rules to the United States. All travelers from the Baltic states and eastern Balkans as well as the near and far East will face a 12 day quarantine before departure.
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Associated Press
Paris
United States
Baltic States
Balkans
Near
Far East
Libby road contract awarded and local notices
The Libby county commissioners awarded the Roosevelt highway contract between Rexford and three miles toward Jennings to J. M. Roberts and H W. Rouse of Troy for 18300. Other bids ranged to 26000. Upcoming work on the Libby to Jennings stretch may total six to eight miles and about 55000. Libby Royal Arch Masons met for 25 candidates. Judge Snowdon and family traveled to Spokane. Libby Ladies Auxiliary plans a winter ball to benefit the fire department. Hugh M. Smith builds a new home on Howard acres. A seaworm in Samoa is noted for its slenderness and edible quality.
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Jennings
Highway Commission
Helena
Libby
Royal Arch Masons
D. F. Fewkes
Troy
B. H. Snowdon
Spokane
Ladies’ Auxiliary
Libby Volunteer Fire Department
Opera House
Hugh M. Smith
Howard Acres
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Far North
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Cat Creek
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George A. Hill
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van Nae Tabliahed
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Ese
geeeessCashier
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Vaive
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Lauzier-Wolcott Company
Billings
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Heilbronner Company