Wheat Prices Slide on Stock Weakness and Demand Drop
Wheat fell amid stock market weakness with July and September contracts down as traders noted new yearly low quotations for stock shares. Corn and oats moved little while provisions echoed grain swings. Minneapolis mills ran at reduced capacity adding to bearish tone.
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Associated Press
Chicago
Liverpool
Minneapolis
Ohio
Indiana
Illinois
Stock market slides ease on bargain buying pressure
Short covering and bargain hunters steadied prices late in trading as the market faced renewed selling by professional bears. Many leading issues fell to their yearly lows, with notable losses in United States Steel and Bethlehem Steel among others, while a few names edged higher.
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Associated Press
New York
United States
Bethlehem Steels
Texas Company
Pan-American
Stewart Warner
American Ice
Ann Arbor Preferred
Atlantic Gulf
New York Airbrake
Union Bag and Paper
Federal Mining and Smelting
Eastman Kodak
Jersey Central
American
Fleischmann Yeast
Market Moves From Strength To Weakness In Turbulent Session
The market shows alternating strength and weakness with midday liquidation pushing many prices to new lows. Analysts from Lauzier-Wolcott note no stabilization and expect a downward trend, advising sales on bulges. Copper trades at 16% to 16 1/3 cents, domestic shipments through August, and April zinc concentrates reach 3.656 million pounds with lead and silver down from March. Oil firms in the new Flush Oil district plan a 30 percent shutdown due to pipeline and rail congestion from rapid field output.
MENTIONED IN THIS ARTICLE
Lauzier-Wolcott Co
Logan & Bryan
Lake
C. Callahan Lead and Zinc Company
New Flush Oil District
California
London Metals Price Report May 4
London markets quote copper and tin prices with spot and futures levels. Copper spot £70 10s with futures at £71 5s. electrolytic copper spot £79 10s with futures £80. tin spot £213 7s 6d with futures £213 7s 6d. its spot £25 7s 6d and futures £31 16s 5d to £32.
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London Metals
The
Associated Press
London
Southwest Stock Quotations Chicago May 4 Hogs Cattle Sheep
Hogs receipts 30 000 with prices steady to 10c lower as big packers hold back. Top hogs 8 20 with various weights and prices listed. Cattle receipts 3 000 with steady to strong trends for beef steers and stockers, top around 9 75 for heavy steers. Sheep receipts 7 000 with strong demand for light lambs, top Colorado lambs 15 35 and 12 85 for shorn lambs. undertone weak for larger sheep.
Market Summary: Kansas City Livestock May 4
Cattle receipts 1000 with calves 200. prices steady to higher for yearlings and light steers. Desirable heifers 7 to 8.25, bulls 4.5 to 5, good stock calves 7.25 to 7.5. Hogs receipts 700. prices 7.60 to 7.80, top 7.85, later bids down 10 to 15 cents. Sheep receipts 2000. lambs and wooled lambs steady to firm, best lambs 12.75, others around 12.60.
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Kansas City
The
Associated Press
U. S. Department of Agriculture
Kansas
Denver Market Summary Cattle Hogs and Lambs
Denver, May 4. Cattle receipts 345 with market steady. Beef steers 7.75 to 8.75, cows and heifers 4.50 to 9, calves 4.50 to 13.50, stockers and feeders 6.50 to 8. Hogs receipts 615, market steady to 10 cents lower, top 7.50. Sheep receipts 3,189, market strong to 10 cents higher. lambs 3.75 to 14.25, feeder lambs 13.75 to 14.50, ewes 7 to 9.
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Denver
The
Associated Press
Hogs and cattle market report from Omaha
Omaha market report shows hog receipts around 11 000 with prices slipping 10 to 15 cents. Medium and light butchers to shippers mostly 7.20 to 7.40, tops 7.50. Packers and larger butchers 7.20 to 7.25, sows 6.15 to 6.25. Cattle receipts 2 000, beef steers 9.30 top, odd heads 9.50, bulk 8 to 9, bulls and veals steady.
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Omaha
Associated Press
U. S. Department of Agriculture
Cattle And Hogs Market Report From Twin Cities And West
Livestock quotes show cattle receipts 1,300 with fat steers steady to 25 cents lower and other killing classes mostly steady. Hogs receipts 11,700 with prices about 10 to 15 cents lower. best 150 to 170 pound hogs to shippers around 7.85. 160 to 210 pound averages to packers about 7.25. 225 to 325 pound butchers 7.25 to 7.60. sows 5.75 to 6. pigs 7.50. Sheep receipts 1,400 with market steady. Los Angeles fed livestock receipts include cattle 200, sheep and lambs 250, hogs 600 with light weights 150-200 pounds at 9.0 to 9.40 for medium good to choice.
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Lauzier-Wotcott Company
Allis-Chalmers Atchison Mf
American International Corp
Baldwin Locomotive
Bethlehem
Brooklyn
Transit
Lutte & Superior
Butte
Canadian Pacific Railway
Cerro de Pasco
Cce
Davise Chemical
Feners Electric
Jener
Motors
Bees Osorthern
Gulf States Steel
Kelly Kenne Manele
Louis & Nashville
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Misso
Kansas & Texs
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Isso! Pacific
Midware Steel
See
Miami
Montgomery Ward
Wwe
New York Central
New Haven
Nevada
Pacific
ORR
Pennsylvania Railway Peer Eee
Pierce Ot
Ralilwa Steel Spring
Royal Dutch
Ee Ee Ik
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Seneca Copper A Ee
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California
ST. Paul
Associated Press
South ST. Paul
U. S. Department of Agriculture
Los Angeles
The
Federal State Livestock Market News Service
Regional Livestock Trade Report May 4
Portland market summary shows cattle and hogs nominally steady with no receipts. Sheep are steady with 70 head received, reflecting light livestock movement in the portland area for the day.
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Portland
Associated Press
Ore
Spokane Market Report Weighs Steady Cattle and Sheep
Spokane May 4 cattle receipts 9 market steady sheep receipts none market steady no change in quotations
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Spokane
The
Associated Press
Vegetables Plentiful at Butte Market This Weekend
Low prices featured Fridays berry market with prices from 2.50 to 4.00. Florin California berries arrive today and are praised for carrying quality. Mexican tomatoes return after a week absence with a full car from Sinaola. A new car of Walla Walla vegetables and tomatoes on market promise a complete weekend assortment for Butte housewives.
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Walla Walla
Butte
Record production effect seen in industries and markets
Dunn's May commentary notes easier conditions in markets as supplies rise and buying slows, with Dunn's wholesale price index showing a slight recession. It cautions that brisk postwar recovery and high prices persist despite slackening expansion and months of covered requirements, while weekly bank clearings reach $7.984 billion.
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Associated Press
New York
Dunn
Boston Wool Market Lags in Global Comparisons
The Boston wool market trails other world markets with dull demand for combing wools and some concession sales for low grades. Mills are well supplied as London and the West show firmer prices. Texas figures show 12 months choice wool around 55c and Boston costs about 1.50 per cleaned pound. Wood prices for various states and fabrics are listed in the Commercial Bulletin.
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Associated Press
Boston
The
Commercial Bulletin
London
West
Texas
Wisconsin
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Middle County
Southern
Oregon
Valley
Metal market report from New York on May 4 Copper steady and tin futures rise
Copper steady at 16 16 Electrolytic spot and futures. Tin easy with spot 45.12 and futures 45.62. Iron steady. Lead easy at 7 60c. Zinc firm at East St Louis 7 7 05c. Antimony spot 7 75c. Mohairs prices listed with best combing and carding ranges.
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The
Associated Press
New York
East St. Louis
Butter and Eggs Prices and Receipts Report
Dairy and egg prices move with butter steady and gains in creamery grades. Butter firsts average 42 to 44 cents, extras 43 to 44. Eggs mixed with firsts 27 to 29 cents, seconds 26 to 31. Pacific coast whites 37 cents. Chicago reports butter receipts at 39,577 cases with various grades and rates.
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Associated P
New York
Aloc
Pacific Coast
Chicago
Foreign and London Bar Silver Prices Report
New York and London market notes show bar silver at 67 percent in New York with Mexican dollars at 515 cents. London lists bar silver at 382 13-16 pence per ounce and money at 1 1/2 percent.
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The
Associated Press
New York
London
Clothesline thief targets male garments on South side
Reports to the police say a thief has been stealing socks shirts and underwear from clotheslines of male attire on the South side. Housewives plan to catch the culprit, who often strikes on wash days.
Births in Butte Informal Notice
Mr and Mrs Farrell H Leishman 1621 Wilorence avenue welcomed a daughter on April 27 Mr and Mrs Joseph M Slager 721 Placer street had a son on April 29 and Mr and Mrs Samuel I Ritner 939 Iowa avenue welcomed a daughter on May 3
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Butte
Farrell H. Leishman
Wilorence Avenue
Joseph M
Slager
Placer Street
Samuel I. Ritner
Iowa Avenue
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