Wheat futures tumble amid rains and drought fears
Wheat prices dropped up to seven cents a bushel as rain in Nebraska and Kansas fanned selling amid hopes for better winter wheat prospects. May Chicago wheat fell to 1.60 3/4, with other months down. corn and oats also slipped while weather changes and market spreads between Chicago and Winnipeg influenced trade. Receipts and spot quotes in Minneapolis showed varied bids across classes of wheat and other grains.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Nebraska
Kansas
Liverpool
United States
Winnipeg
Fear wipes out early day gains in stock market rout
New York May 2. Traders faced fears of a New York federal reserve rediscount rate rise and a looming report on stock exchange member loans. early gains faded in late selling while call money slipped to 5 percent. Industrial news was largely constructive though some sectors fell, including oil shares and tobacco.
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Associated Press
New York
New York Federal Reserve
Stock Exchange
National Power & Light
Federal Reserve
Houston
Atlantic Refining
Pan-American
Standard Oil of
New Haven
Ontario & Western
Chicago & Alton
Southern Railway
Southern Pacific
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Delaware & Hudson, Lackawanna
Reading
New York Tractions
Interboro Rapid Transit
American Telephone
International Telephone
American Can
Armour B
American Home Products
American Bank Note
Columbia Gas
Southern California Edison
Philadelphia Company
Federal Light & Traction
Pacific Gas
Standard Gas & Electric
Canada Dry Ginger Ale
Park & Tilford
Stromberg
Tennessee Copper
Sterling
Chicago live stock market results and price ranges May 2
AP reports nationwide livestock activity with hogs and cattle prices falling slightly under light demand. At Chicago, hog receipts reached 18 000 with top hogs at 10.25, cattle and veal ranges shown, while Sheep and lamb values slipped. South St. Paul also notes weaker cattle and steady to weak fat stock across markets. Livestock prices span from hogs 7.75 to 10.25 for light weights, cattle 9.25 to 14.75, sheep 7.65 to 17. Lambs and ewes varied, and bulls and stockers showed mixed moves.
Livestock Market Report Omaha May 2 Cattle Hogs Sheep
Cattle receipts 7500 calves 500 fed steers and yearlings weak to 15c lower with stock slow. Bulls steady to strong. heifers mostly 11 to 12. Fed steers 11.50 to 13.40. heavy 13.50 to 13.60. light steers up. Hogs receipts 12500 slow 15 to 25c lower. tops 9.60. weights varied 9.35 to 9.75. Sheep receipts 11000 spring lambs 25 to 50c lower. feeders 25 to 50c lower. fed wooled lambs at 18 to 18.75. California feed lambs 13.25 to 14.59.
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Associated Press
Chicago
United States Department of Agriculture
South ST. Paul
Omaha
California
Cattle Hogs and Sheep Market Results From Denver Yard
Cattle receipts 1500 calves about half Texas direct to yard dealers steady with some lower prices for mid range cattle. 1,041 pound steers at 12.65 with some 13. load heifers 10.25 to 10.75. cows around 9 with top 15. Hogs receipts 1509 with 15 loads slow and 25 to 40 cents lower. 180-220 lb at 9.60 to 9.75. bulk 180-254 lb 9.25 to 9.79. sows 8.25 to 8.50. pigs 6.50 to 9. Sheep receipts 2300 slow. lambs firm early, two loads 97 lb at 17.25. 78 lb natives 16.25. natives 538 to 67 lb springers 16.50 to 18. Keep in mind market quotes vary by weight and load.
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Togun
Dbryan
Allied Chemical
Allis Chalmers
Tee
Eee Greer Et Erste
American Steel
American el & Telegraph
Armour
Arnold Constable
Eeewes
Gu Atlantic Refining
Gay R.aod Atchison
Atlantic Ulf
Settee
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Weeree
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Hom Butte
Arizona
Cerro de Pasco
Chesapeake & Ohio
Chicago Alton
Chicago
Waast Mt
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CM & St
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Continental Motors
Davidson Chemical
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Howe Sound
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Inspiration
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International Harveste Bere Errers
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Kansas City
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Loews Incorporated
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Woolworth Ee
Tae . O
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Denver
United States Department of Agriculture
NEW York Carr
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Ndustrials
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Y Gas & See Ees
U S Yard
Portland cattle and hog prices on May 2 market report
Portland on May 2 reports United States receipts with hogs steady and prices about 10.85 to 11.00 for light to heavy loads, steers at 11.00 to 11.25, feed classes at 9.25 down, springers to 15.00, sheep and lambs steady with 12.50 to 15.00 ranges. Spokane likewise records steady market with cattle and hog receipts and unchanged quotations.
MENTIONED IN THIS ARTICLE
Spokane
Livestock Market Steady in Seattle Report
Seattle dispatch notes the market steady with no cattle or sheep receipts and hogs totaling 788. Market observers report buyers maintaining cautious bids as producers adjust asking prices.
MENTIONED IN THIS ARTICLE
Seattle
Hansen Packing Co Hog Price List
Hansen Packing Co of Butte quotes hog prices by class. Choice hogs bring 10c per pound, medium heavy 12c to 12.92c, extra heavy 7c to 8c, lights 5 512c, extra lights 7 42 8c.
MENTIONED IN THIS ARTICLE
Hansen Packing CO
Hansen Packing Company
Butte
Copper and tin hold steady in New York market
Copper steady at 14 ½ cents for spot and futures. Tin unchanged at 51.50 for spot and 51.25 futures. Lead steady at 6.10 cents spot in New York and 6 cents in St Louis. Zinc firmer at 5.87 cents in East St Louis. Antimony at 10.25 cents.
MENTIONED IN THIS ARTICLE
Associated Ress
New York
St. Louis
East St. Louis
Market Leaders Rally on GM and U S Steel News
Wall Street opened with gains as early buying lifted General Motors and U S Steel amid talk of a May 10 GM meeting and a possible 2 extra dividend. Oils metals and rails led advances before selling intensified later, with markets awaiting New York Fed and rediscount rate decisions. Wheat prices fell on liquidation while rainfall rumors and export activity colored the grains market. Minneapolis and Chicago reports noted sizable declines in wheat and drops in corn with active cash selling and firm cash wheat amid steady oats and strong mill feed demand.
Poultry Prices Steady in Chicago Market
Poultry market report from Chicago dated May 2 shows live fowls and broilers steady with receipts of 8 cars. Fowls bring 26 to 38 cents, turkeys 30 cents, roosters 16 cents, ducks 20 cents, spring ducks 28 cents, and geese 16 cents.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
Potatoes Prices and Market Western and Southern Notes
Department of Agriculture reports receipts 102 on track 307 cars, total U S shipments 696. Old stock supplies liberal. trading slow and market weaker. Wisconsin sacked round whites about 1.75 to 1.85. Idaho Russets 1.75 to 1.85. Washington sacked Russets 1.50 to 1.60. Texas sacked Triumphs around 3.75, Louisiana 3.40, Florida Spalding Rose barrels 6.75 to 7.00.
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Associated Press
Chicago
United States Department of Agriculture
U. S
Wisconsin
Idaho
Washington
New Stock
Texas
Bliss
Louisiana
Florida
Spalding
Call Money Rates Rise in New York Trading
Call money eased earlier in New York on May 2 with high bids around 5.5 percent and lows near 5 percent as time loans showed firmness. Ruling rate stood at 5 percent with mixed collateral and 60 to 90 day terms. Prime mercantile paper offered at 4 percent while bankers acceptances remained unchanged.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Prime Mercantile
Foreign exchange mixed in early New York quotes
AP reports foreign exchange mixed with British demand at 4.879 16 dollars, cables at 4.8715, 60 day bills on banks 4.84, France demand 3.9344, cables 3.934? and US 2. Italy demand 5.26%, cables 5.267, Belgium 13.95%, Germany 23.89% as of May 2.
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Associated Press
New York
Chile
Cuba
Germany
Italy
Japan
Norway
Atchison
Cc & Northwestern
Igs
Vs & IV Ag
Northern
Revere Eeasteenume
West Pac First
Aees Loox Domestic Corporation
Andes
Bethlehem Steel
Detroit Edison
Fisk Rubber &Sweet
Great Britain
France
Belgium
Butter and Eggs Price Report from Chicago
Butter markets rise with 5 826 tubs of creamery extras at 44c and standards 43 1 2c, firsts 41 4 2c, seconds 40c. Eggs decline with 20 270 cases and firsts 28 1 2c, ordinary firsts 27 1 4c, storage packed extras 31 2 3c, firsts 31 4c.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
Bar Silver In New York May 2
Bar silver quoted at 58 1/2 cents per ounce and Mexican dollars at 44 1/2 cents in New York market trade on May 2.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
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Arriv Ween Eebeseteeereesnes
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Finlen
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