Wheat rises on crop reports and conditions
Chicago May 22 Wheat prices advance on poor Kansas and Oklahoma crop conditions and a weaker Oklahoma yield outlook. July and September futures post gains while corn and oats also rise, with livestock markets mixed. Liverpool export activity and Canadian seeding news provide varied signals as trade closes higher amid cautious buyin.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Kansas
Oklahoma
Commission House
Liverpool
Turkey
Greece
Stocks Plunge Then Partial Rally Lets Market Rebound
Bear pressure drives nearly four dozen stocks to yearly lows at the New York Stock Exchange before a late recovery as call money eases to 4 percent. Large blocks in United States Steel and other majors drop to new lows, then recover with gains led by New York Central and Canadian Pacific amid steady time money and firmer foreign exchange rates.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Mid-Continent
United States Steel Common
Bethlehem and
Republic Steels
Kennecott and
Utah Coppers
Standard Oil of
New Jersey
Pan-American Oils
United States Rubber
U.S Alcohol
American Woolen
Studebaker and
Chandler Motors
Public Service of New Jersey
Atchison, Northern Pacific
Reading, Lackawanna
Illinois Central
St. Paul
Pennsylvania
Rock Island and Erie Railroad
California Petroleum
American Can
American Locomotive
Studebaker
Kelly Springfield
American
New York Central
Canadian Pacific
Renewed slump in security list as markets slide and rally fades
Markets showed little morning growth with renewed liquidation pushing active issues to new year lows. A late rally followed on short covering amid talk of no federal discount-rate rise. Granby Consolidated Mining gained control of Allenby Copper, Anaconda declared a 75 cent dividend, and Reading reported 11.66 million net income for the year. Hog and sheep receipts and prices mixed, with cattle generally steady to strong on killing classes and calves and hogs showing uneven declines.
MENTIONED IN THIS ARTICLE
Lauzier-Wotcott Company
Federal Reserve Board
Granby Consolidated Mining and Smelting and Power Company
Allenby Copper Company
Anaconda
Jardine Mining Company
Reading Company
Swestock Quotation Summary for Chicago Hogs Cattle and Sheep
Chicago May 22 Hogs receipts 39000 around 10 cents lower top 7.60 bulk 160 to 225 pounds 7.45 to 7.55 240 to 325 pound butchers 7.25 to 7.40 packing sows 6 to 6.40 desirable 110 to 130 pound pigs 6.25 to 6.75 heavy weight hogs 7.10 to 7.45 medium 7.35 to 7.60 light 7.30 to 7.60 light light 6.65 to 7.50 packing sows smooth 6.40 to 6.85 packing sows rough 5.85 to 6.50 killing pigs 6 man Cattle receipts 11000 fairly active beef steers and yearlings steady to 15e higher better grades heavies most advance top matured steers 10.80 few loads 10.75 numerous lots 10.25 to 10.60 best yearlings 10.50 bulk 8.75 to 10.15 real calves strong other classes generally steady bulk desirable Bologna bulls 5.35 to 5.50 bulk stockers and feeders 7.25 to 8 bulk dealers to packers early 9.50 to 10. Sheep receipts 10000 slow steady to 25c lower choice 77pound lambs 15.25 bulk best medium and handyweight 14.75 to 15 heavy California yearlings 11 choice 120pound native ewes 7.50 nine doubles California springers 17.25 to 17.40 best natives 17.35
MENTIONED IN THIS ARTICLE
California
Texas
The
Associated Press
United States Department of Agriculture
South ST. Paul
Chicago
California Springers
Omaha
Montana
Kansas City
Portland
Ore
Omaha Market Report Hogs Cattle Sheep May 22 Slow Trade
Omaha market news shows hog receipts 13 000 with price declines 5 to 10 cents, bulk packing sows to 7.10. cattle receipts 8 500 with steady beef steers, slower other categories, top 10.35, bulk 8.75 to 9.75. sheep receipts 11 000 with lambs 15 to 25 cents lower, sales 14.40 to 14.55, springers mostly steady to 25 cents lower, California springers shown, ewes at 8 and no feeders nearby.
Cattle Receipts and Prices Report from Kansas City Market
May 22 Kansas City cattle market shows receipts around 11 000 with calves about 2000 and beef steers mostly steady though higher on select grades. Top heavies traded near 10.40 while cows stayed 5 to 6.50, yearlings mixed and wealers to packers around 9.50.
Denver Market Report Cattle Hogs and Sheep Prices
By the Associated Press cattle receipts 1100 market steady beef steers 7.50 to 9.25 cows and heifers 4.50 to 9 stockers and feeders 6 to 7.75 calves 4.50 to 13.50 hog receipts 2300 market steady to 15 cents lower top 7.35 bulk 6.90 to 7.10 sheep receipts 248 market steady wooled lambs 15.16 clipped lambs 13.50 to 14.25 ewes 6.50 to 7.50.
MENTIONED IN THIS ARTICLE
Associated Press
Denver
Los Angeles Market Receipts May 22
In Los Angeles on May 22, receipts show cattle at 150 and hogs at 400. The brief market update lists quantities without prices or trends, reflecting a limited livestock listing for the day.
MENTIONED IN THIS ARTICLE
Los Angeles
Portland Stock Prices May 22 Cattle Hogs and Sheep Report
Portland Ore May 22 Cattle market trends show lower receipts of steers and cows with varied price bands. Hogs receipts 94 head decline 25 cents with ranges for prime light fat and feeders. Sheep steady with 281 head reported including light yearlings pricing around 8.50 to 9.00 each.
Cattle and Hog Receipts Steady in Spokane Market
SPOKANE May 22 cattle receipts 36 market steady with ranges for prime steers 7.25 to 7.95 good to choice 6.75 to 7.25 medium to good 6 to 6.75 fair to medium 5.25 to 6 common to fair 4.50 to 5.25 choice cows and heifers 6.50 to 7, light veal calves 9 to 11, stockers and feeders 4 to 5.50. Hog receipts 220 market steady no change in quotations. Sheep receipts 15 market.
MENTIONED IN THIS ARTICLE
Spokane
The
Associated Press
New York Money Rates May 22 Market Update
Call money eased with a ruling 5 percent high and 4 percent low while closing bid and last loan stood at 4 percent. Call loans against acceptances were at 4 percent. Time loans remained steady with 60 to 90 day terms at 5 5 percent and four to six months at 5 5 percent. Prime commercial paper quoted at 5 percent.
MENTIONED IN THIS ARTICLE
New York
The
Associated Press
Bar Silver and Mexican Dollars Markets Report
Foreign bar silver quoted at 66 percent standard fineness in New York on May 22. Mexican dollars priced at 51 cents. In London on May 22 bar silver at 32 7 16 pence per ounce money, with 1 1/2 percent.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
London
Western berries in fine condition herald early shipments
Heavier arrivals of western berries today indicate the berry season is about three weeks ahead of last year. Hood River berries will be in full swing starting next week, making it a good time to begin canning these flavorful, uniformly sized preserves.
MENTIONED IN THIS ARTICLE
Hood River
Stapleton No 1 Well Brought In At Shelby
A new well Stapleton No 1 was brought in yesterday in the Shelby field. Clyde Graves of the Spokane bankers firm is the principal owner in the new gusher, which promises to be one of the best producers in the area.
MENTIONED IN THIS ARTICLE
Shelby
Stapleton
Clyde Graves
Spokane
Bankers
Mail Stage Set To Run From Drummond To Helmville
The United States mail stage will leave Drummond for Helmville and Ovando once 41 and No 4 arrive. Service runs daily except Sunday.
MENTIONED IN THIS ARTICLE
United States Mail
Drummond
Helmville
Ovando
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J. Ross Clark
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