Liberal arrivals push Chicago wheat prices down on May contracts
Chicago May grain trading ended with wheat slipping as liberal arrivals from Minneapolis eased demand. May futures fell while July saw brief buying as traders weighed dry weather, Kansas crop prospects, and ample receipts from Minneapolis and other centers. Corn and oats trended weaker, while hog values supported by provisions overall. Minneapolis cash bids listed diverse spring and winter wheat grades with No. 1 northern trading around $1.61 to $2.04.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Minneapolis
Kansas
Banner Wheat
Sylvia
Kan
Ocean Passage
Nertad Pregg
Montana
Wall Street Advances as Stocks Reach New Highs
Speculation stayed brisk in New York on May 7 as the market rose with more than three dozen issues at or near yearly peaks. Radio Corp led gains, climbing to a fresh high around 205 1 2, while General Motors and electric stocks also posted strong advances amid broader utilities and industrial strength.
Livestock Prices Mixed Across Markets in Omaha Spokane and Denver
Receipts and price ranges for hogs cattle and sheep reported from Omaha Spokane and Denver. Hogs higher in Omaha with top bids near 9.80 for midrange weights. cattle stout with steers and yearlings up 10 to 25 cents. lambs and sheep mixed with feeders steady. Denver and Spokane show varied gains and declines across hogs cattle and sheep with top cattle around 12.50 and hogs near 10.60 depending on weight and grade.
London metals spot and futures prices reported
London May 7 Copner Standard spot copper at £61 7s 6d futures £61 15s electrolytic spot £66 10s futures £67 Tin spot £231 10s futures £230 Lead spot £20 5s futures £20 11s Zinc spot £26 5s futures £25 17s 6d.
MENTIONED IN THIS ARTICLE
London
Poultry Prices Listed in Chicago Market Report
The Associated Press reports Chicago on May 17 shows Alive firmer receipts of four cars. Fowls bring 23 26 to 14 cents, broilers 33 to 42 cents, turkeys 25 cents, roosters 16 cents, ducks 18 to 20 cents, spring ducks 28 cents, geese 16 cents.
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Associated Press
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Montana and LST Portland Market Report May 7
Cattle receipts 1785 with calves strong to higher on steers and veals. prices 11.50 to 12.35 for best, some 12.75 recorded. Hogs receipts 8795 with slower opening, bulk at 10.50, some 10.60 to 10.65. Sheep 1745 with no early trading.
MENTIONED IN THIS ARTICLE
Portland
U. S. Department of Agriculture
Market Report South St. Paul Cattle Hogs and Lambs
Cattle receipts 4300 in moderate supply with steady to mixed prices across steers yearlings cows heifers and bulls. Hogs receipts 11000 steady to 10c higher with lights and butchers bids around 9.25 to 9.50. Sheep receipts 400 with shorn lambs and ewes sold lower amid odd lots and direct packer movements.
MENTIONED IN THIS ARTICLE
South ST. Paul
United States Department of Agriculture
Market Commentary Highlights Turn in May Trade
Market report notes call money rose to 5.4 percent amid profit taking while gains persisted in many shares. Radio Corporation of America General Motors and other leaders hit new highs with active utility turnover. Oil shares faced scattered selling and Freeport remained soft after weak first quarter results. Dallas district rediscount rate move to 4 percent cited but said not to affect broader market. California weekly production fell.
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Can
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Freeport
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California
Wheat and Corn Markets Edge Low Despite Early Strength
Chicago reports shows wheat failing to hold rallies as commission houses sold amid war rumor influence. Visible stocks and receipts remain high with light world-market alignment. government report pending. Corn and oats show mixed activity with favorable weather and progressing planting.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Minneapolis
Liverpool
Chicago market figures show gains across hogs cattle and sheep
Chicago and Seattle reports detail higher hog values with top hogs at 10.25, cattle receipts around 14 000 and weights lifting prices to 14.75 for slaughter steers, spring lambs steady to higher, and cows to 11.75. Seattle buyers post mixed cattle and hog prices with steady to higher trends across classes.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
U. S. Department of Agriculture
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