Wheat rallies on frost threat and export news
Wheat prices jumped after an early drop as freezing northern markets and export demand supported gains. July and September bids moved to about 1.07 to 1.09 dollars, with corn and oats mixed and hog futures pressured by softer pork values. Receipts and moisture prospects in Nebraska and Kansas influenced traders amid drought fears.
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Associated Press
Chicago
Canadian Northwest
Winnipeg
Kansas
Nebraska
St. Louis
Oklahoma
Pacific Coast
Irregularly Higher Wall Street Session Shows Mixed Gains
New York stocks moved unevenly higher in a quiet May session as investors favor high grade rails and utilities. Total volume neared 516 thousand shares with sugar and steel seeing notable activity amid tax bill uncertainty and favorable money rates.
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Associated Press
New York
Gary
United States Steel Corporation
American Iron and Steel Institute
Federal Reserve
Norfolk and Western
Pennsylvania
Delaware and Hudson
New York Central
Frisco
Pullman
Pan-American
California
Chicago
United States Rubber Common
First Preferred
Ajax and
Fisk
Congoleum
Loose Wiles Biscuit
Virginia Iron, Coal and Coke
International Business Machine
Lauzier, Wolcott & Co
Easier Money of Some Assistance
Stock market gains highlighted by rising bank reserves and steady demand funds below 3 percent. Rail stocks like Union Pacific and Southern Pacific hit yearly highs while car loading remains flat within ten percent of last year. Oil group rebounds as production fears fade and American Can keeps its dividend unchanged.
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Lauzier
Wolcott & Co
New York Central
Norfolk & Western
Union Pacific
Delaware & Hudson
Pullman
Stock Exchange
American Iron and Steel Institute
Southern Pacific
Stength
Livestock Markets Report from Chicago and Omaha
Chicago hog cattle and sheep receipts show mixed demand with prices unevenly lower for some weights while others hold. Omaha reports hogs steady to lower with bids around 7.15 for 210-300 lb hogs and cattle markets steady to down. Boston wool market notes slow demand with buyer-friendly prices and steady mohair as Western and Eastern fleece prices vary.
Potato Prices Steady As Shipments Rise
Chicago May 23 potatoes trade moderate and market steady with 618 total shipments and 74 receipts. Wisconsin sacked round whites fetch 1.20 to 1.25 dollars, bulk Michigan and Wisconsin round whites 1.49 to 1.50, new stock Alabama sacked Elise Triumphs 3 to 8.25, Florida barreled Spalding 7.50 to 7.75.
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Associated Press
Chicago
United States
Wisconsin
Alabama
Elise
Florida
Spalding
Sugar prices drift after Spots decline in New York trading
Refined sugar prices held steady to 16 cents lower with light demand. Futures closed barely steady amid limited activity and large lot sales totaling 133 000 tons. The report notes unsettled markets and lists July to December futures with prices near 3.71 cents per pound.
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Associated Press
New York
Flour and Bran Prices Reported in Minneapolis
Minneapolis May 23 flour unchanged to 0 cents lower with family flour parents priced at 6.45 to 6.80 per unit. Bran listed at 17 to 18 per unit.
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Plouter
Minneapolis
Lead price cut announced by American Smelting and Refining
The American Smelting and Refining Company reduced the price of lead from to per hundredweight. The move reflects ongoing adjustments in metal markets and regulatory factors impacting supply and demand.
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Yprice
Resocrated Press
New York
American Bmelting and Refining Company
Cattle and hog market report from South St Paul
U S Department of Agriculture notes May 23 cattle receipts 1,300 slow to weak tone lower on all classes with bulk steers 7.75 to 7.90, fat stock 4.25 to 4.70, calves around 8.75 to 9.25. hogs receipts 10,500 steady to 5e lower with better grades 7.10 to 7.15, sows 6.25, feeder pigs 5.75 to 6. Calves and light sheep trades slow or steady with few spring lambs at 16 and ewes 7.50.
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Chicago
Associated Press
U. S&s Department of Agriculture
U. S. Department of Agriculture
South ST. Paul
Denver Livestock Market Turns Mixed As Receipts Steady
Hogs receipts 400 active with most sent to city butchers. Hog prices $6.90 to $7.15 top, 180 to 220 pounds desirable. plainer grades down to $6.75. Cattle receipts 100 calves none. steers $8 to $8.75, cows $5.25 to $6.75, canners $2.25 to $2.50, bulls $4.10 to $4.25. Sheep none. late Thursday 84 pound lambs $13.65 freight paid.
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Denver
Associated Press
U. S. Department of Agriculture
Live Stock Prices Los Angeles Market May 23
Cattle receipts 500 with steady trading. California steers 1000 to 1050 pounds sell 5.25 to 8.25, Arizona cows around 700 pounds at 5.25, canners and cutters 2.50 to 3.75, bulls 4.25 to 5.50, calves 100 head 210 to 220 pounds 8.25 to 8.75 with desirables up to 10.50. Hogs receipts 400 slow with two loads garbage fed at 8.00 and eastern hogs 8.50. Sheep receipts 500 slow with lambs weak to lower. no early sales.
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Los Angeles
The
Associated Press
U. S. Department of Agriculture
California
Arizona
Cattle Hogs Steady at Portland Market With No Receipts
PORTLAND May 23 AP cattle and calves and hogs nominally steady with no receipts. Sheep and lambs steady with 600 receipts. Port lateral market report notes limited activity and stable prices for the day.
Spokane Market Reports Cattle Hogs and Sheep Steady
Spokane market reports cattle receipts 63 with steady prices. Prime steers range 7.25 to 7.75, cows and heifers 5.50 to 6. The hog market sees 29 receipts steady and unchanged. Sheep receipts 13 also show a steady market.
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Spokane
Associated Press
Mohatt Rates Best Comb and Carding in Market Report
A compact market note lists Mohatt with top scores for combing at 75 80cc and carding at 65 70c. It compares supers and prices 1.10 to 1.15 and tracks latest trading ranges 1.25 to 1.28.
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Mohatt
Foreign Exchange Rates Chart for Major Currencies
Foreign exchange quotations in New York show steady rates across nations. Details include Great Britain at 4.343-16 dollars for spot and 4.347-16 for cables, France around 5.37% demand, 6.38% cables, Italy at 4.41% demand, Belgium 4.61 and 4.62 cables, Germany per trillion se, Holland 37.32, Norway 13.90, Sweden 26.51, Denmark 16.84, Switzerland 17.68, Spain 13.73, Greece 1.93, Poland 0.000012, Czecho Slovakia 2.95, Yugoslavia 1.23 4%, Austria 0.0014, Romania 47, Argentina 32.87, Brazil 10.70, Tokio 404%, Montreal 987-156.
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Metal Market Report Highlights Copper and Tin T: Copper steady and tin easing in early market
Metal market bulletin from New York on May 23 notes copper at 12% 12c for spot and near by, futures at 12c. tin easy at 40c spot, 39.87c futures. lead weak at Te, antimony spot 8.60c. zinc quiet. East St. Louis spot quoted 5.65c.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
East St. Louis
Call money and time loans steady with modest rates
New York money market reports call money steady and high at 3 percent with last loan at 3 percent and time loans at 4 percent for 60 to 90 days and 4 4 percent for six months. Prime commercial paper stands around 44 4 percent.
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NEW York Money
The
Associated Press
New York
London Metals Prices Reported May 23 London
London metals pricing section shows May 23 values for standard copper spot and futures at £61 and £61 17s 6d electrolytic spot at £66 10s futures £67 tin spot £20 1s 2d futures £200 12s 6d lead spot £28 12s 6d futures £27 10s zinc spot £30 5s futures £30 5s.
MENTIONED IN THIS ARTICLE
London Metals
The
Associated Press
London
Bar Silver and Mexican Dollars in New York Trade
London market reports mixed metal values with bar silver quoted at a fixed rate and Mexican dollars at a smaller percentage. Local New York prices show silver at sixty six and two thirds pence per ounce and Mexican dollars at fifty per cent of some unit, reflecting a soft day for precious metals.
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London
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