Markets Mining and Financial News May 8 1925
Market reports from Chicago and Liverpool show wheat gains on higher New York futures, with May at 1.68 and July up. corn and oats rise slightly while provisions vary. Export demand and optimistic crop speculation, plus a reduced domestic winter wheat yield estimate, lift prices. rains across the belt provide limited offset. Butter and potato markets mixed with modest gains in dairy products and sugar prices stay steady.
MENTIONED IN THIS ARTICLE
Liverpool
United States
Moon
Menta
Argentina
Ocean Passage
Minneapolis
Uth
Chicago
New York
United Kingdom
New York Stock Exchange Prices Hit By Profit Taking
The market paused after a week of gains as heavy selling trimmed advances in many shares. Willys Overland rose to 21 1/2, Packard Hudson and Continental Motors hit new peaks, and utilities like Montana Power and American Water Works posted new 1926 highs. Rail and steel issues showed mixed moves with Trans-Continental and United States Rubber among notable activity.
MENTIONED IN THIS ARTICLE
Associated Prats
New York
Willys Overland Common
Packard
Hudson
Continental Motors
Pierce Arrow
Jordan
Montana Power
Columbia Gas and Electric
Brooklyn Union Gas
American Water Works
Ann Arbor
Preferred
Seaboard
Gulf, Mobile
Northern
Rock Island
Union Pacific
Southern Railway
Harrison
Sait
Olla
Trans-Continental
E. H. Gary
U. S. Steel
Crucible
Republic
United States
Tock Exchange
Lausier, Wolcott & Co
Conditions Draw More Confidence in Wall Street Outlook
Stocks rallied as confidence returned to Wall Street traders after a March to April decline. The market showed technical recovery with strength in motor shares Dodge preferred and Overland issues, utilities, and steel optimism amid higher May demand and improving export signals.
MENTIONED IN THIS ARTICLE
Lauzler
Wolcott & Co
Wall Street
Dodge Preferred
Baldwin
American Can
Steel Corporation
Gen- Motors
Continental Motors
Overland Preferred
Phillips Petroleum
Livestock market reports from Chicago and Omaha
Livestock receipts show Chicago buyers lifting hog prices by about 25 to 35 cents with active butchers and a bulk around 11.50 for common cattle. per head figures cite 12.16 to 12.4 tops for hogs, while sheep and lambs trade unevenly with strong early demand and weights near 92 pounds. Omaha receipts indicate hogs higher by 25 to 35 cents, with cattle steady to strong and fat steers and yearlings trading around 9 to 10.50, and veal and feeders steady to firm amid mixed demand.
MENTIONED IN THIS ARTICLE
Chicago
Omaha
Denver Market Report Shows Steady to Higher Receipts
May 8 Denver hogs receipts about 300 with prices up to 12.25 for 231 pounds. Calves and cattle steady with best steers above 10 and cows around one down. Sheep at Spokane show steady opening sales with no clipped lambs listed.
MENTIONED IN THIS ARTICLE
Denver
Boston Wool Market Indicates Stabilizing Prices Ahead
The Commercial Bulletin predicts a stabilized wool market despite curtailed London auctions and Australian suspension to July. Minor weekly price changes and limited new clip activity mark the scene, with best bright fleeces offered sparingly and mohair sales brisk at 2,500,000 pounds cleared in Texas. Domestic fleece quotations span Ohio, Pennsylvania, Michigan, New York, and western territories with varied hair and combing grades.
MENTIONED IN THIS ARTICLE
Associated Press
Boston
Commercial Bulletin
London
Australia
Ohio
Pennsylvania
Ces
Delaine
Michigan
New York
Territory
Montana
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Igher
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Charles 4. Ner
The
Land
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R. W. Place
Steal
Carl Burke
First National Bank OF
Butte
Dai. & Stephenson
George A. Mill
Andrew J
Aaa
Samat
Ra Clark
Ross Clare
W. A. Clare & Bro
Alex
Ohneton
Barker
General Banking Businees
Tee Firns Bank Batanded Te Baste
E. Galena Butte, Mont
Boston Wool Market