Weather and market shifts lift wheat prices in mid May
Dry weather across Nebraska Kansas and other wheat states with higher Southwest temperatures supported a higher finish for wheat with July at 1.06 to 1.07, September 1.07. Corn and oats rose modestly while hogs buoyed provisions. Reports show April rainfall below normal in key wheat areas and hints of a drawdown in global supplies. New York refined sugar drifted, with May 3.90c and July 4.01c pointing to subdued demand.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Nebraska
Kansas
Mississippi
Iowa
Oklahoma
Missouri
Washington
Seaboard
Stock Market Pauses With Firm Tone After Coolidge Veto Hints
Short covering and renewed investment demand kept prices firm on the New York Stock Exchange as the day’s volume eased to about half a million shares. Rail stocks led gains with Atchison hitting a 1924 high of 103 3/4 and Union Pacific rising near 2 points. Marland and oil issues posted modest advances while other specialties mixed and railroad dividend hopes fueled some speculation. Call money opened at 3 percent, settling near 3 percent, and foreign exchange showed minor shifts with sterling steady under 4.36 dollars and francs around 5 1/ cents.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Coolidge
Colorado
Woolworth
United Fruit
Chicago Pneumatic Tool
Reynolds Tobacco
Atchison
Union Pacific
Navy
Marland
Lauzier, Wolcott & Co
Senate
House
Steel Corporation
Viga Atchison and
Wabash
Colorado Fuel
Colden
Phillips Petroleum
Marine Preferred
Mexican Seaboard
Reserve Bank
Metal Market Update from New York
Copper steady at 12 1/2 cents for spot and near by with futures at 12 3/8. Tin weak at 43 cents spot with futures near 42.62. Lead weak around 7.12 to 7.25 cents. Zinc quiet in East St. Louis spot near 6.80 to 5.85 cents. Copper and tin prices summarize a flat to soft market across major metals in mid May trading.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Eady
East St. Louis
New York Money Rates Reported May 16 Call Funds Move Sharp
New York money markets show call money ready and high at 3 percent with low at 2. The ruling rate stands at 3 percent, closing bid 3 percent and offered 3 percent. Last loan at 3 percent. Call loans against acceptances 2. Time loans easy with mixed collateral for 60 to 90 days at 4 percent. Four to six months at 4 4 percent. Prime commercial paper at 4 4 percent.
MENTIONED IN THIS ARTICLE
NEW York Money
The
Associated Press
New York
Call Money Sready
Potato Market Trade Report From Chicago May 16
Potatoes trade moderate with old stock stronger. The report lists 45 cars recent shipments, total US shipments 738. Wisconsin sacked round whites priced $1.20 to $1.35 per bag, bulk $1.46. Florida Rel Spalding Rose and Alabama sacked Bliss Triumphs priced $4 to $4.25.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Repte
United States
Wisconsin
Geek
Meen Florida
Rel Spalding Rose
Alabama
Bliss
London Metals Prices Report May 16 Londres
London metals update shows standard copper spot 61 futures 61 1 64 electrolytic copper spot 66 108 futures 67 106 tin spot 215 futures 1214 ts 64 lead spot 29 106 futures 28 0 parted by 31 2s 64
MENTIONED IN THIS ARTICLE
London Metals
The
Associated Press
London
Flour and Bran Price Report from Minneapolis
Flour and bran prices reported by the Associated Press from Minneapolis on May 16 note figures for flour at 17.60 and 20.00, reflecting market levels for the period. The terse entry captures the day’s commodity pricing in a single line.
MENTIONED IN THIS ARTICLE
the Asspeciated Press
Minneapolis
Selling Pregure Finds Resistance
Market commentary notes a close senate vote on the veto affecting a bonus bill, with expectations of a house passage. It highlights steel and oil issues, copper prices near lows, and rising bank reserves while detailing cattle, hogs, and sheep market conditions and prices from South St. Paul with Associated Press data.
Livestock market report Chicago May 16
Hogs receipts 20 000 with best demand for desirable grades and higher bids for light to heavy weights. Cattle receipts 4 000 with steady to strong demand for beef and yearlings. top mature steers around 10.85 with several loads, fat cows 6 to 7.75, veal calves 9.50 to 10.25. Sheep receipts 8 000 with fair activity. fat clipped lambs 14.50 to 15.25 and spring lambs mostly 15 to 17.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
U. S. Department of Agriculture
Texas
Denver market report shows mixed livestock prices May 16
Associated Press dispatch from Denver notes hog receipts around 500 with steady to slightly higher prices for desirable loads. Hogs mostly 7.75 to 7.05, drive ins around 7.10, packing sows about 5.75, pigs scarce and no early sales. Cattle receipts about 4,000 with steady to good cows at 6.85, heifers to 6.50, stock steers 6.25 to 7.25, vealers 6.10 to 10.50, other classes weak. Sheep receipts 7,200 very slow with fat wool lambs around 16.25, about 25 cents lower.
MENTIONED IN THIS ARTICLE
Associated Press
U. S. Department of Agriculture
South ST. Paul
U.S. Department of Agriculture
Denver
Cattle and calves steady as market receipts rise
Portland reports cattle and calves nominally steady with mixed weights selling from 5.92 to 7.25 for common and medium, cows moving 4.25 to 7. Hogs remain steady with 50 head received. Sheep and lambs also steady as 50 head pass through.
Market Reports From Spokane May 16
Spokane dispatch notes cattle receipts 58 with market steady hog receipts 159 with market steady sheep receipts 3 with market steady unchanged.
Los Angeles Market Report Cattle Hogs and Sheep
Los Angeles May 16 cattle receipts 400, steady at 7.50 for 900 lb California grassers, cows 4.25 to 5.75, mixed cows and heifers 6, bulls 4.50 to 5, calves 8.50 for medium to packers. Hogs receipts 500, 160-210 lb butchers 8.25 to 9.50, top 8.50, sows 6.50 to 7. Sheep receipts 1,200 with a few 12 lambs around 78 lb, no packers’ early sale.
MENTIONED IN THIS ARTICLE
Los Angeles
Associated Press
U. S&s. Department of Agriculture
California
Hogs Receipts Mixed as Omaha Market Reports Mixed Grades
Omaha AP report notes May 16 hog receipts at 13 500 with better butcher grades steady to weak demand. Prices show 210 to 300 pound butchers at 7.10 to 7.20, top near 7.25 on one load for traders, 160 to 210 pound hogs 6.80 to 7.10, lights down to 6.50, sows 6.40 to 6.50, average cost 7.04. Cattle receipts 2100 moderately.
MENTIONED IN THIS ARTICLE
Omaha
Associated Press
U. S. Department of Agriculture
N Wool Market Shows Spotty Trading and Mixed Outlook
The Commercial Bulletin notes the wool market remains irregular with some downward price actions on yarns and tops, while Jericho pool effects in Utah fail to stabilize the West. London markets are uneven but buying persists. Mohair remains moderately in demand as 1924 year-to-date shipments and receipts show larger departures than last year.
MENTIONED IN THIS ARTICLE
Associated Press
Boston
Commercial Bulletin
Jericho Pool
Utah
London
Ohio
Pennsylvania
Michigan
New York
Wisconsin
Missouri
New England
Texas
California
Middle County
Southern
Oregon
Valley
Territory
Montana
Foreign exchange and dairy market notes from New York
In New York on May 16 foreign exchange quotes show customs in cents for major currencies and banks 60 day bills at 42404. France Italy Germany and others listed with demand and cable rates. Butter and eggs report shows easy receipts 16841 creamery prices firm 329 39% to 38% 4 creamery extras and firsts priced.
MENTIONED IN THIS ARTICLE
Pornign Exchange
The
Associated Press
New York
Great Britain
Associated Ltress
Butter and Eggs Receipts Rise in Chicago Market
In Chicago on May 16, butter and eggs prices show firmer receipts. Fresh gathered firsts and seconds fill storage packed lots with varied percentages. overall butter and egg movements add up to 32,790 cases, with ordinary firsts and extras noted in the mix.
MENTIONED IN THIS ARTICLE
Chicago
Market Reports Bar Silver Prices Hold Across Markets
In New York on May 16 bar silver quoted around 65 cents per ounce, Mexican dollars at 49 1/2 cents. In London on May 16 bar silver stood at 31 pounds 1 shilling 16 pence per ounce, with money at 5 percent.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
London
Jerusalem Plans 60 Office Buildings and 110 Houses
A planned development in Jerusalem calls for 60 new office buildings and 110 houses to be constructed simultaneously. The project aims to expand commercial and residential capacity, though specifics on location, timeline, and funding are not provided in the available text.
MENTIONED IN THIS ARTICLE
Jerusalem
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INTER
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No. 4
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