Wheat Prices Rise on Domestic Demand and Export Hopes
Markets report higher wheat prices on May 9 as millers show improved demand and talks of foreign appetite boost futures. May contracts rise to 1.37 and July to 1.29, while gains are offset by selling near the close. Canadian exports to Europe and a government crop report prep add bull pressure, with large arrivals and crowded elevators curbing local buying. Butter, eggs, and cheese prices edge higher in dairy markets, while copper and tin move lower in metals trading.
MENTIONED IN THIS ARTICLE
Chicago
Milne
Svetlana Toledo
Chigo
Goasip
Europe
New York Stock Exchange session ends with irregular tone
Trading closed on a mixed note as alternate recessions and rallies dominated, with sales near a million shares and little outside support. New Haven hit a yearly high, several industrials rose, rails led declines, and money rates eased for short terms while exchanges stayed above prior quotes.
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Associated Press
New York
Stock Exchange
New Haven
Europe
Market 1 Weak Stocks Sell Off
A market report notes continued weakness with stocks slipping one half to two points and a small afternoon recovery lacking enthusiasm. Copper markets show activity with Electro at 13.4 cents and Lake quoted at 189% for May July. The piece mentions an Interstate Commerce Commission conference on railroad consolidations and optimism about economic conditions, while reporting Carpender Caffare R Co failure in New York.
MENTIONED IN THIS ARTICLE
Heilbronner Company
Interstate Commerce Commission
Electro
Lake
Zinc Industry Moves Toward Normal Production
A St. Louis report notes conditions in the mineral industry gradually returning to normal as American Zinc Chief Wolff predicts zinc production in 1932 will exceed prewar levels. The remarks mark the fourth annual session of the organization with tariff protection under discussion in Congress.
MENTIONED IN THIS ARTICLE
ST. Louis
Bugent Wolff
United States
Menting
Sr Wotrr
Congress
Livestock market summaries from multiple western cities
Cattle receipts reach 11 000 in Chicago with beef prices steady to strong. Hogs 22 000 head at Chicago mixed with top around 10 95. Sheep steady to strong with California lambs at 15 50. Kansas City reports cattle steady to weak, hogs unevenly steady, and sheep varying. Omaha and St Paul show mixed receipts with steady to strong trends. Portland and Spokane list modest changes while Denver notes steady cattle and hog prices. Dividend announced for Kansas Standard Oil. Copper and metals prices listed in London.
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Chicago
United States Bureau of Markets
Aucelatel Press
California
Kansas City
Colorado
Texas
Texas Lambs
Arizona Springers
Omaha
Associated Press
Omatia
Portland
Ore
Best Valley
Spokane
Denver
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