Moderate upturn in wheat prices observed in Chicago market
Wheat prices closed firm in Chicago with May at about 1.03 to 1.04 and July near 1.05 to 1.06 while corn and hogs also rose. Millers bought 400000 bushels in Chicago and crop experts pegged spring wheat acreage at 16.409 million acres, the smallest since 1897. Canadian and Argentine supplies remained tight with French crop estimates high. Separate Minneapolis cash grain quotes and New York currency and metal markets noted steady exchanges and copper prices around 47.75, with zinc steady as well.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Winniper
Épstein Mills
Tiverpool
Germany
France
Market Rises on Rediscount Rate Cut by Fed NY
New York May 1 stocks rallied as the rediscount rate cut by the Federal Reserve Bank of New York encouraged traders to buy. General Electric jumped over eight points to 221% amid talk of a possible special dividend while tobacco shares closed higher. Pan American and oil stocks led a broad recovery with gains in American Smelting, Phillips Petroleum, Woolworth, and others. Call money eased from 4% to 3% as May Day holiday reduced activity abroad. Total stock sales reached 868,000.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of New York
General Electric
Associated Press
New York
American Tobacco
Inter
Pacific
Houston
General Asphalt
Phillips Petroleum
American
American Agricultural Chemical Preferred
Chicago Yellow Cab
Woolworth
Postum
Norfolk & Western
New York Central
Union Pacific
Southern Pacific
Lackawanna
Lehigh Valley
Atchison
Potato Market Slows as States Ship Potatoes to Chicago
Potatoes trading slow and market dull in Chicago on May 1. Receipts and shipments across the United States show Wisconsin bulk round whites at 1.25 to 1.30 per unit, Minnesota and North Dakota Red River shipments at 1.16 to 1.40, and poorly graded lots at varied prices.
MENTIONED IN THIS ARTICLE
Chicago
United States
Wisconsin
Minnesota
North Dakota
Red River
Rally aided by cut in bank rate boosts stock rally
With central bank rate cuts, investors pushed stocks higher led by Atchison and General Electric. Short-interest names like Baldwin American Can Steel and Studebaker saw covering rallies, while Pan American and Corn Products strength reflected higher earnings forecasts. Gold inflows exceed $30 million monthly and money market conditions appear artificial, signaling potential near-term weakness despite gains.
MENTIONED IN THIS ARTICLE
Lauzier
Wolcott & Co
Atchison
General Electric
Baldwin
American Can
Steel
Studebaker
Federal Reserve
New York
Wall Street
New York Federal Reserve Bank
Corn Products Company
Livestock Prices Report From Chicago Market Signals
May 1 Associated Press report from Chicago indicates hogs receipts 24000 with prices up 10 to 15 cents for light weight. cattle receipts 8000 with beef steers and stockers firm and higher. sheep receipts 12000 with fat lambs steady to strong. Major ranges include hogs 6.70 to 7.50, cattle up to 12.00, and lambs around 14 to 16.65 per hundredweight.
Hogs and cattle markets report Omaha May 1
US and USDA report Omaha market for hogs with receipts 15 500 buyers bid strong to higher top $7 15 for 210 300 lb hogs and $6 75 7 for 160 210 lb hogs. packers sow prices largely 6 40 6 50. Cattle receipts 2 500 beef steers and yearlings active steady with spots higher top $11 10 and bulk steers yearlings 7 65 9 75. fed heifers active fully steady. butcher cows slow but fairly steady.
MENTIONED IN THIS ARTICLE
The
Associated Press
U. S&s. Department of Agriculture
Omaha
Market Report Skinny Cattle and Sheep Prices Mixed
Receipts show cattle and sheep trading steady to higher with varied demand. Cattle ranges include practical veal tops around 8.50 and beef bulls 4.75 to 5.50, plus bulk stockers 6.50 to 8.25. Sheep receipts 5,500 with fat lambs 15 to 25 cents higher, clipped lambs 14.25, wooly lambs around 16.50 for a 71 pound average at one load, and sheep generally steady.
Denver Market Report Hogs Cattle Sheep Prices Rise
Denver May 1 hog receipts 3000 slow to 10c higher with top loads 7.10 to 7.15 and averages 190 to 240 pounds around 6.90 to 7.00. Cattle receipts 600 with steers 8.25 to 9.25, good cows 6.25, vealers 11.50, bulls 4 down. Sheep receipts 6900 active with fat lambs 25c higher, top 15.65 and 90 to 102 pound lambs around 15.25 to 15.60. no sheep sold early.
MENTIONED IN THIS ARTICLE
Denver
Cattle Hog and Sheep Prices From South St. Paul Market
May 1 report from US Department of Agriculture shows cattle receipts 1900 with steady to higher bids for fat cattle and feeders, hog receipts 10500 averaging higher with 150-250 lb hogs around 7 dollars and 6.25 to 7.10 for various weights, and sheep receipts 500 with lambs around 13.40 and ewes up to 7.00, reflecting steady demand across classes.
MENTIONED IN THIS ARTICLE
U. S. Department of Agriculture
South ST. Paul
Los Angeles Livestock Prices May Day Report
Los Angeles market report shows cattle receipts 600 with 30 direct to packers, weak tone across beef steers and stockers, early Arizona steers around 7.75, cows 4.50 to 5.25, bulls 3 to 4, calves 8 to 9. Hogs 1,900 head, 900 to packers, 170 to 200 pound butchers 8.90 to 9, sows 7.25 to 7.50. Sheep 500, spring lambs weak, bids 10 to 11 for springers.
MENTIONED IN THIS ARTICLE
Los Angeles
U. S. Department of Agriculture
Arizona
Port land Market Reports Steady Cattle Hogs and Sheep
Portland market prices hold steady on May 1 with cattle and calves, hogs, and sheep and lambs each unchanged. Receipts total 719 cattle and calves, 1,255 hogs, and 1,025 sheep and lambs, including 365 through sales.
MENTIONED IN THIS ARTICLE
Portland
U. S. Department of Agriculture
Cattle Hogs and Sheep Market Report From Spokane
Spokane market recap May 1 shows cattle receipts 105 and market steady as hog receipts 947 hold steady. Sheep receipts 11 noted with market unchanged continuing steady tone overall for the region.
MENTIONED IN THIS ARTICLE
Spokane
Butter And Eggs Market Report From New York And Chicago
Butter steady in New York with 9,312 receipts and creamery firsts 88 to 91 score at 36c. Eggs steady with 54,941 receipts and fresh gathered firsts 23 to 24c, Pacific coast whites extras 33 33c. In Chicago butter lower for creamery extras to 35c, standards 35c, firsts 33 to 34c, seconds 30 to 32c. eggs unchanged with 21,2538 cases received.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Pacific Coast
Chicago
Sugar futures hold steady as New York market eases
Sugar prices in New York May 1 showed little interest with refined sugar at 7.80 to 8.10 cents per pound for fine granulated. Refined futures were nominal. Futures closed steady with about 39,400 tons sold. May 4.44 cents, July 4.57 cents, September 4.61 cents, December 4.24 cents.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Flour and bran prices drift in Minneapolis memo
Flour remains steady to 10 cents lower for family sizes with prices from 6.45 to 6.60. Bran quotes hold between 20.50 and 21.00. May 14. Minneapolis report reflects subdued market movement for staple commodities.
MENTIONED IN THIS ARTICLE
The
Associated Press
Minneapolis
Bar Silver and Money Rates Move on May Day
Market report shows bar silver at 64 5/8 cents, Mexican dollars at 48 1/2 cents, and London bar silver at 32 15/16 pence per ounce with money markets at 2 1/2 percent.
MENTIONED IN THIS ARTICLE
The
Associated Press
York
London
London metals price report May 1 standards and futures
London metals market roundup lists standard copper spot at £63 5s futures £64 26 6d electrolytic copper spot £68 158 futures £69 5s tin spot and futures £237 28 64 lead spot £31 futures £29 7s 6d zinc spot £30 108 futures £30 Lbs with prices noted in pounds shillings pence per unit
MENTIONED IN THIS ARTICLE
London
The
Associated Press
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Eeeee Bf
Montana and
Galena St
Butte, Montana
Charles J. Kelly
James E. Woodard
James T. Finlen
R. W. Place
J. L. Teal
J. Burke
Andrew J. Davis
E. Stephenson
George A. Hill
W. J. Forsythe
Ona
Bank
Ntana Anes
A. W. A. Clark
J. Ross Clark
W. A. Clark
BRO. Businss
Alex J. Johnston
K. Heslet
Barker
Wasineck Saanees
Silver Bow Club Building Association
Silver Bow Club
Granite and
Alaska Streets
W. McC. White
L. 8 Wild
Intermountain Transportation CO
Lamb
E. Galena Butte, Mont
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