Wheat price upturn on German election and credit talks
Market closes unsettled with May at 1.04 and July at 1.06 on wheat. Corn and oats move mixed while hog receipts pressure provisions. Northwest financial improvement noted with cautious stance before farm legislation action in Washington. Minneapolis cash wheat prices show varied grades and May-July futures around 1.11 to 1.13.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States
Germany
Northwest
Washington
Minneapolis
The
Stock prices gain in quiet New York market
A quiet New York Stock Exchange session saw irregular gains led by popular industrials and motor related shares. Oil stocks fell after a government gasoline stock report, while some groups including Colorado Fuel and Davison Chemical rose. brokers noted accumulation with reduced selling pressure. Time money remained around 3 percent, with steady commercial paper and minor FX changes. Total stocks traded reached 632,000.
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Associated Press
New York
Atlantic Refining
Marland
Pan-American B
Cosden
Houston
Phillips Petroleum
Pacific
Coolidge
Studebaker
General Motors
Colorado
Davison Chemical
Congoleum
Pete Marquette
Henry Ford
Atlantic Coast
Generous Buying Noted in Market Amid Rally and Bullish Tone
Market shows robust demand with strong interest on constructive side as prices sit near highs. German election results boost optimism for Dawes plan and reparations. tobacco and equipment stocks lead gains while oils face bearish take. Studebaker trims output. Iron Products posts rising quarterly earnings. Packard sales up. cattle hogs and sheep run steady to higher with solid demand.
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Lauzier
Wolcott & Co
Dawes
Shulte
Studebaker
Iron Products Corporation
Packard Motor Car Company
Visible American grain supply changes in New York May report
The visible supply of American grain for New York on May 5 shows decreases as follows: Wheat 1,320,000 bushels, Corn 1,729,000 bushels, Oats 1,033,000 bushels, Rye 617,000 bushels, and Barley 181,000 bushels. This brief market update notes overall declines across key grains.
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New York
The
Associated Press
Butter and Eggs Prices and Receipts Across Regions
New York reports butter receipts at 7 431 with creamery extras around 39 39%c and firsts 38c. Eggs receipts 25 043 with varied grades from 27 27%c to 21c. Cheese receipts 182 148 with state flat milks and nuts. Chicago notes butter advances to 37c creamery extras and egg cases at 22 23c with mixed packs.
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The
Associated Press
New York
Hennery
Hennery Browns
Pacific Coast
Chicago
Market Summary from New York May Refinery Prices
Refined futures were nominal and closed irregular. Approximate sales reached 24,000 tons. May futures at 4.28, July at 4.33, September at 4.37, with ranges from 7.60 to 7.70 cents for the listing.
MENTIONED IN THIS ARTICLE
S Press
ORK
Market Report Sparse on Saturday and Sunday Shipments
The Associated Press notes a slow trading market in Chicago with steady activity. Receipts and shipments across the United States show mixed prices for white and Red River varieties, with Wisconsin and Minnesota offerings cited and fluctuating in recent totals.
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Chicago
United States
Wiscon
Minnesota
Bhota
Red River
Bran Prices Hover in Mixed Minneapolis Trade
In Minneapolis on May 5 a terse report notes patent listings and bran price activity with figures showing 45 6.70 for Bran and a 19.5 cent price at 21.
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The
Associated Press
Minneapolis
Livestock Markets Report Chicago May 5 hogs cattle sheep
Hogs receipts 58 000. prices mostly 7.25 to 7.55 for good 169 to 225 lb. heavier hogs 7.25 to 7.65. sows 6.70 to 6.90. pigs 4.75 to 6.50. Cattle receipts 18 000. steady to strong. top long fed steers 12.50. choice beef heifers 11.25 to 12.00. yearlings scarce at 10 to 12. stockers 6.75 to 8.50. cows 5.50 to 7.50. bulls uneven around 4.60 to 4.75. Sheep receipts 21 000. lambs steady at 14.59 to 15.10. ewes 8.50 to unspecified.
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Atchison Allis-Chalmers
Rand Foundry
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American Telehone and Telegraph
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Butte Cop R & Zinc
Cific Railroad
de Pasco
Milwaukee
Galitermie Petroleum & Rock Islands
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Kennecott
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Missouri
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Associated Press
U. S. Department of Agriculture
Iowa
Portland Stock Market Report Brief May 5 Port
Cattle receipts 2925 with steer, heifer and cow prices down from prior. Hogs 5150, steady to lower with midweight and packing categories quoted. Sheep and lambs 400 receipts with lambs and ewes showing gains in price. calves and stocker pigs noted. Direct sales dominate the offerings at Portland market.
Omaha Market Summary May 5 Hogs Cattle Sheep Prices
Hogs receipts 16000 slow market mostly 10c lower. bulk 210 to 300 lb butchers 6.90 to 7.05 top. Desirable 160 to 210 lb 6.65 to 6.90. Lights 6.40 to 6.50. Cattle receipts 1800. beef steers and yearlings active. top steers 11.60, bulk 7.75 to 10.75, heifers up, canners steady. Veals 8.50 to 9.00. bulls 4.25 to 5.50. Sheep receipts 9000. wooled lambs slow, medium to good 81 lb 16.50, strong lambs 15.25 to 16.50, ewes 5 to 7.
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The
Associated Press
U. S. Department of Agriculture
Omaha
Livestock Prices Mixed at Los Angeles Market Report
Cattle receipts about 500 with steady to strong demand. California steers ranged from 5.85 to 9. top 9.147 head best Texas steers 1,233 pounds average. Hogs 1,500 strong with 170 to 200 pound averages 8.75 to 9, top 9. Sows around 7. Lambs 1,500 receipts including direct packers, spring lambs 77 pounds at 11.10. Calves none.
MENTIONED IN THIS ARTICLE
The
Associated Press
U. S. Department of Agriculture
Los Angeles
California
Texas
Spokane Cattle And Hogs Market Report May 6
Spokane reports cattle receipts 883 with steady market. Prime steers bring 8.25 to 8.85, cows and heifers 5 to 7, canners 2.75 to 3.50, veal calves up to 10. Hogs receipts 919 with steady market. prime mixed 7.75 to 8, heavies 4.25 to 7.25, fat pigs 7.25 to 7.75. Sheep receipts none. prime lambs 11 to 11.60, yearlings 7.50 to 9, wethers 7 to 8.50.
MENTIONED IN THIS ARTICLE
The
Associated Press
Spokane
Kansas City cattle market report May 4 cattle receipts and prices
Kansas City cattle receipts total 14 000 with calves 2 500. Better grades of fed steers and yearlings rise 10 to 15 cents. Top mature steers bring 11.20. Bulk fed steers range 8.10 to 10.25. Steer and stock prices show slight gains. calf values improving.
MENTIONED IN THIS ARTICLE
Kansas City
The
Associated Press
I. B. Department of Agriculture
Denver Livestock Receipts Mixed as Markets Hold Steady
Agenciated Press reports Denver stockyards showing 4,000 hogs with mixed prices led by top loads at 7.10 while cattle receipts reach 6,500 with Texas stockers and feeders moving through at 8.40 to 9.25 for beef steers and 11.50 to 12.25 for dealers. Sheep receipts total 5,000 with fat lambs quoted around 15.75 to 16.15 for 89 to 90 pound weights and sheep noted scarce.
MENTIONED IN THIS ARTICLE
Agenciated
U. S. Department of Agriculture
Denver
Texas
Montana
New Mexico
Bar silver and Mexican dollar rates across markets
In New York on May 6 bar silver traded at 64 1/2 cents per ounce, Mexican dollars at 49 cents. In London on May 5 bar silver stood at 8 3/4 dollars per ounce with money at 1 1/2 percent.
MENTIONED IN THIS ARTICLE
Associated Press
New York
London
Cattle Receipts Steady as Market Mixes Yearling Run
In St Paul under U S Department of Agriculture, May 5, cattle receipts reach about 3000 with steady to strong tone. Bulk grade shows steers and yearlings from 7.50 to 8.75, fat stock 4 to 7, canners and cutters 2.56 to 3.25, bulls 3.75 to 4.25, stockers and feeders show a liberal Canadian influx.
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ST. Paul
The
Associated Press
U. S. Department of Agriculture
South ST. Paul
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