Markets Rise as Grain and Mining Stocks Gain
Chicago and Minneapolis grain markets show broad advances with May deliveries strong, reports of domestic winter crop damage and seeding delays buoying sentiment. Copper and wheat futures rise while cash oats and corn react to supply cues, with notable activity in Red Winter and Northern spring wheats and related prices and shipments.
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Seattle
New York Stock Exchange Opens With Mixed Foreign Exchange
On May 2 in New York the market shows easy foreign exchange quotes with Great Britain at 4.83, cables 4.85, and 60-day bills at 4.81. Paris and Belgium quotes vary, while German rates reach 23.69. Duluth reports May prices for May and July at around 2.22 to 2.28. Butter and eggs markets in Chicago show unsettled butter with varied receipts and price ranges. Call money in New York remains steady with short and longer terms unchanged.
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Chicago
Burlington & Quincy
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Bacitle Gas & Elecme
Southern Pacific
Utah Power
Western Union Tor
Market Closes Mixed as Bulls Regain Control on Rail Shares
Speculators regained control in today's market with gains across many issues led by low priced rails. Hudson & Manhattan and Peoria & Illinois rail shares hit new highs while General Motors rose on unconfirmed dividend rumors. Banks reported about 10 million dollars in calls and broker loans climbed to a yearly high, with refined sugar market and currency movements showing limited change.
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Associated
NEW York
Southwestern Railroad
Hudson & Manhattan
Peoria & Ilinois
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Arthur Curtis James
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Federal Reserve
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Jordan
Market Comment Signals Mixed News From Commodities and GM
New York May 2 Stocks showed mixed signals with General Motors amid talk of an extra dividend while oil and wheat markets advanced. California oil and Seminole field production rose to new peaks as corn and oats rallied on bullish weather and crop reports.
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Lis
Standard Oil of
New York
National Biscuit
Purity Baking
Coca Cola
Inspiration Copper
Lorillard Tobacco
First National
May Wheat
Liverpool
General Motors
Finance Committee
Colorado
California
Cattle and Hog Prices Across Midwest Markets May Report
United States livestock markets show mixed movement with hog receipts near 46,000 and cattle around 17,000 at Chicago. Prices vary by weight class, with top hogs around 10.90 and bulk cattle bids near 8.75 to 12.00 for various grades. regional notes include South St. Paul, Omaha, and Seattle with adjustments from Friday and Saturday trends.
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Logan & Beye
Anomade
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Youle
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Associated Press
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Assoc
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Asso
U.S
The
Seattle
Chicago Milwaukee St Paul Railway Company firepower transfer plan
John J. McLeod, president, notes the Interstate Commerce Commission approval to acquire and operate significant mileage in Illinois Wisconsin Minnesota and surrounding states. The plan includes acquisition of stock in several rail lines and operating rights over extensive routes, consolidating control under the And Pacific Railroad Company and related entities.
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Interstate Cor
Merce Commission
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Ier
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le Pas
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