Market Setback in Wheat Prices Sparks Mixed Trading
Argentine labor improvements ease supply fears yet forecasts hint at heavy shipments from Argentina and softer European demand. Chicago bids fall while some traders anticipate a modestly bullish crop report. vessels chartered for 1.2 million bushels of corn at Duluth. Local industrial demand weak, oats and provisions steady to lower. Minneapolis cash wheat mixed. butter and eggs markets show separate movements.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Argentina
North America
Liverpool
Winnipeg
Washington
Duluth
Timothy
Market Dull as Short Selling Weighs Stocks
Reactionary price moves marked a quiet New York session as short sellers acted on a proposed tax on undistributed earnings. Oils suffered after the American Petroleum Institute reported higher crude output for the week. Sinclair fell to a 1924 low before recovering.
MENTIONED IN THIS ARTICLE
Associated Press
New York
May
Senate
American Petroleum Institute
Sinclair
Wall Street
Sinclair Company
Atlantic Refining
Ruhr
Call Money
Prime
Senate action stirs market talk on tax bill effect
The senate backed an amendment to a tax bill proposing a graduated tax up to 40 percent on undistributed corporate earnings. Analysts note mixed effects depending on payout versus surplus and cite shifts in industrials like International Harvester and oil prospects. Market moves show cautious gains and sector resilience amid tax debate and broader economic signals.
MENTIONED IN THIS ARTICLE
Lauzler
Wolcott & Co
Senate
Ruhr
International Harvester Preferred
Northwest
Sugar Prices At New York Market Report
Refined sugar sold at 7.40 to 7.50 cents per pound with light demand. Refined futures were nominal and sugar Negro closed steady. Prices listed for May 4.17 cents, current 4.28, September 4.32, December 3.99 cents. deliveries in 42,000 tons noted in apples.
MENTIONED IN THIS ARTICLE
Aerosigcee Press
New York
Potato Market Slips Limited Prices Reported
Associated Press reports moderate trading and firm tone for potatoes across the United States on May 8. Receipts reach 56 cars with total shipments at 575. prices vary by region from Wisconsin sacked round whites around 1.10 to 1.25 per cwt and Idaho sacked russets 2.35 to 2.50, with new stock Texas sacked Bliss Triumphs 5 to 6.30 and Florida barreled King Roses 8 to 8.50.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States
Wisconsin
Michigan
Minnesota
North Dakota
Red River Ohios
Idaho
Texas
Bliss Triumphe
Fiorida
King Rose
Flour and Bran Prices Update From Minneapolis Trade
Minneapolis May 8 Bran prices hold at 18.50. Flour reports no change with a stable market tone despite the Bran rate at 18.50 per unit.
Copper Prices Steady in Market Report
Copper futures and spot prices remain steady in a brief market bulletin. The report notes near term price levels around 46.62 cents for futures and 8.75 cents for spot in St. Louis, with slight variations across market segments.
MENTIONED IN THIS ARTICLE
MET Ptal
the Pecaieg Press
New RE
Louis
Livestock Receipts Report From Denver Market
Hogs receipts 3600 with prices 5 10c higher top 7.10 and 190 to 235 lb averages 6.80 7. Few lights around 6. Packing sows steady at 5.75 and pigs steady. Cattle receipts 1206 with many plain cows and dull trade. some cows 5.50 6.55 and heifers to 7.25. Calves dealers top at 11 while fat steers not sold early. Sheep receipts 5700 with fat lambs higher at 15.65 16.25 and sheep scarce.
MENTIONED IN THIS ARTICLE
Denver
Associated Press
U. S. Department of Agriculture
Arizona
Chicago Hog Market Mixed as Receipts Hit 32 000
Chicago May 8 hog receipts 32 000. Opened fairly active with gains to 10 cents, now slow. Bulk good and choice 250 to 300 pound butchers $7.50 to $7.65 top. 160 to 225 pound weights $7.30 to $7.55. 140 to 159 pound averages $6.85 to $7.20. Sow and pig markets show varied steady to higher tendencies with prices ranging through $5.25 to $7.65 depending on weight and grade. Cattle receipts 10 000, generally steady to firm with better top grades and fed steers $8.75 to $10.56 and mature steers around $11 per hundred.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
U. S. Department of Agriculture
Market Roundup St Paul Twin City Cattle And Hogs
Cattle receipts 2200 open slow steady quality plain with loads of heavy steers around 10.00 and bulk 7.50 8.75. fat stock 4 7. canners and cutters dull. Hogs 9500 receipts closing weak with 150 250 lb hogs around 7.15, 159 180 lb shippers 7.20, 130 140 lb 6.60 6.75. Sheep 100 receipts steady to strong with fat wooled lambs 15, bulk 11.50 14, ewes around 8.50, clipped 7.50.
MENTIONED IN THIS ARTICLE
ST. Paul
Associated Press
U. S. Department of Agriculture
South ST. Paul
Los Angeles Market Reports Cattle Hogs and Lambs May 58
Los Angeles cattle receipts 300 with steady opening prices for California calf steers 7.50 to 7.75. feeder stock scarce with grass steers 4.25 to 5.25. cows 6. Calves receipts 100 no early sales. Hogs receipts 1 200 mostly steady 8.00 to 8.25 for 160 to 180 lb. top 8.25. few sow 6.50. Sheep receipts 5 000 with 4 500 direct to packers higher on choice spring lambs 12 15 head 79 lb. 70 lb lambs 10.
MENTIONED IN THIS ARTICLE
Lauzier, Wolcott & Co
Osi
Allied Chemical Ee
American Smelting and Refining
Ereewer Eres
American American International Corporation
Telegraph
Atlantic Gulf
Austin Nicholls
Bethlehem Steel
Baltimore Ohio
Western
Butte
Maticentos
Chicago
Milwaukee & St. Paul
Chesapeake & de Sce
Chile
Chica Rock Island
California Petroleum
Enue
General Electric
Asphi
Illinois Central
Crewes
Sas City
Kennecott
Louisville & Mot
Montgomery Ward
New York Central
New Haven
Norfolk
Northern Pacific
Nevada
Hepubiie Iron and Stee
Royal
Consolidated Coppers Roebuc
Seneca Co
Southern Panway
Studebaker
Stromberg
Texas Pacific C.&c
Texas Company
Tennessee Copper
Tobacco Products
Pacific Gulf
United States
Unites States
See Woo
United
Utah
Virginia
Westinghouse Electric
Pautine Pete
A. Warner
NEW York Nds
New York
New York Stock Exchange
Czecho-Slovak Republic
Aioe O Ca
Belgium
Renee
Gueensian
Los Angeles
Associated Press
U. S. Department of Agriculture
California
Portland Market Report May 8 Cattle Hogs Sheep
Cattle and calves 50c to $1 lower while rest steady. Receipts total 510 head. Hogs steady and active with 1,451 head received. Sheep and lambs steady with 353 head on hand.
MENTIONED IN THIS ARTICLE
Portland
The
Associated Press
U. S. Department of Agriculture
Market Report Spokane Cattle Hogs and Sheep Steady
Spokane market summary shows cattle receipts 68 and hog receipts 207 with prices steady. Sheep receipts none and market unchanged with steady tone across livestock sectors.
MENTIONED IN THIS ARTICLE
Spokane
The
Associated Press
Foreign exchange rates wrap global currencies in May report
AP reports weak foreign exchanges with cents quotations for major currencies. Britain at 4.36 percent, France around 5.95, Germany near 4.91 per trillion, Argentina 32.87, Brazil 11.30, Sweden 26.40, Norway 13.99, Spain 13.78, Poland near .000012, Tokio 40, Montreal 983-16, and other cables.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Great Britain
France
Italy
Paar
Germany
Holland
Norway
Sweden
Denenmark
Switzerland
Spain
Greece
Poland
New York Money Reflects Steady Call Rates
New York money markets show call money steady at 3 percent with the ruling rate at 3 percent. Closing bid 3 percent and offered at 3 percent, last loan at 3 percent, call loans against acceptances 3.4 percent.
MENTIONED IN THIS ARTICLE
New York
The
Associated Press
Time loans steady with mixed collateral report
Time loans show steady demand over 60 to 90 days with 4 percent rates and prime commercial paper at 4 percent. Mixed collateral remains in use as lenders balance risk and liquidity during the period.
Silver Prices in New York and London Markets
Bar silver in New York on May 8 traded at 64 1 2 cents per ounce with Mexican dollars at 49 1 2 cents. In London on May 8 bar silver stood at 335 16 pence per ounce and money traders quoted a 1 1/2 percent rate.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
London
London Metals Prices Report May 8
London reports bullion and metal prices with London spot and futures for standard copper tin zinc and plate bar. Standard copper spot and futures quoted while electrolytic tin and zinc show spot and futures figures.
MENTIONED IN THIS ARTICLE
London Metals
Associated Press
London
Young Pather Uappy Groom Seeks Explanation
Seventeen year old Burton Tucker, whose bride Susan Tucker is forty, welcomed a daughter on April 2 in Baldwin New York. A telegram from the groom in Los Angeles, cited by his lawyer, says he is very happy to be a father and promises a full explanation in a forthcoming letter. The couple, both under indictment in New Jersey over their marriage, are involved in ongoing legal proceedings.
MENTIONED IN THIS ARTICLE
Pather Uappy
Associated Press
New York
Burton
Tucker
Susan C. Tucker
Baldwin
N. Y
Los Angeles
Birds Return Yearly to South Like Northward Sagers
The article notes birds returning to the South each year with a consistency similar to winged sagers returning to their northern homes, highlighting migratory patterns and seasonal behavior.
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