Wheat Holds Up as Markets Rally on Drought News
Wheat prices closed higher on May 23 amid drought and hot weather in the Northwest and Europe, with Canada and U.S. crop reports delaying profit-taking. Corn and oats moved modestly higher while provisions fluctuated. Minneapolis cash bids and futures showed strong gains for May oats and firm hog prices support.
MENTIONED IN THIS ARTICLE
Chicago
Europe
Canada
South Dakota
North Dakota
Minnesota
Market rebounds as bulls take control on Wall Street
A marked shift in sentiment sent stocks higher with high priced industrials and rail shares rising after a week of declines. The market ended the period with gains across many sectors as optimism returned, aided by strong rail loadings and a notable shift in outside market liquidity.
Poultry market and call money reports
Poultry alive steady with receipts of 5 cars and unchanged prices. Eggs receipts 17 947 cases with firsts at 27 27 2 C, ordinary firsts 26 26 4 C, storage packed extras 30 C, firsts 29 C. Call money in New York firm at 6 percent for close, time loans easier with mixed collateral 60 to 90 days at 5 percent and 4 to 6 months at 54 5's. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
Call Money
The
Associated Press
New York
Prime Mercantile
Livestock Prices Report From Chicago Market
Hogs receipts 18 000 mostly steady to strong heavy butchers up to 10c higher top 9 80 for 190 200 lb choice. cattle receipts 3 000 calves 3 500 heavy steers 150 25c lower. best heavy 14 25. slaughter steers 12 75 14 50. heifers 12 50 14. cows 9 25 12. vealers 13 76 11 50 13. stockers 11 50 12 75. sheep receipts 7 000 better fat lambs and natives 10 15c higher. spring lambs 17 50 19. medium 16 164 17 50. lambs 15 25 16 75.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States Department of Agriculture
Omaha
California
Portland
Choice Valley
Cattle Calves Hogs and Sheep Receipts Mixed in Denver Market
AP reports May 23 Denver cattle receipts 900 calves 75 beef steers dull with some lower prices. best veals to 16.50 16.75. cows top 11.50 bulls mostly 9. Hogs receipts 1100 slow to 10c higher. top 9.25 185 210 lbs sows continues. sheep few transactions, market steady to fully steady.
MENTIONED IN THIS ARTICLE
Associated Press
Denver
United States Department of Agriculture
Livestock Receipts Mixed as Market Slows in Omaha Report
AP reports May 23 cattle receipts 6 000 with calves 500 and fed stock uneven while yearlings hold. hogs 10 000 with steady to up 10 cents in some grades. sheep receipts 8 000 with lambs steady to strong and others flat. prices for cattle, hogs, and sheep listed across grades and weights.
Cattle Hog and Sheep Prices On South St Paul Market Report
May 23 report shows cattle receipts 2500 with steady to higher conditions for several classes. Hogs receipts 11000 with prices mostly steady to mixed, best grades 9.40 to 9.35, sows 8.00 to 8.25, light hogs 7.50 to 8.50. Sheep receipts 200 with good to strong prices for native spring lambs 17.00 to 17.50 and better shorn lambs 6.00 to 7.50 per hundredweight.
Regional Livestock Prices May 23 Seattle Spokane Portland
Market notes show cattle and hogs mostly steady across Seattle Spokane and Portland. Spokane reports hogs down 25 cents with varied price bands. cattle and sheep receipts modest. Portland sees steady cattle with hogs easing for butchers and feeder pigs, lambs steady at 13.00.
Hansen Packing Co Hog Prices Reported
Prices paid by Hansen Packing Company of Butte for hogs are given as Choice 9c medium heavy 9c extra heavy 67c lights 89c extra lights 78c.
MENTIONED IN THIS ARTICLE
Hansen Packing CO
Hansen Packing Company
Butte
Market gains amid oversold rebound led by GM and aircraft shares
A sharp recovery in values occurred as money rates held at 6 percent. General Motors led the rally with gains across radios, Gold Dust, Linseed, and GE while independent motors rose in sympathy. Coppers and steels firmed, rails advanced on Missouri Pacific. Grain edges higher on weather and demand. wheat faces veto risk, corn steady, oats rally on short covering.
MENTIONED IN THIS ARTICLE
Associated Press
New York
England
Charles Lindbergh
Transcontinental Air Transport, Inc
Wright
Curtiss
Adams Express
Houston Oil
General Motors
American International Corporation
A. M. Byers
Consolidated Gas
Dupont
Greene Cananea Copper
Jewel Tea
Ludlum Steel
Montgomery Ward
National Tea
Postum
Radio
Gimbel Brothers
Pierce Arrow
American Bosch Magneto
Briggs Body
Burns Bros. B
Murray Corporation
American Home Products
Cerro de Pasco Copper
Union Pacific
Delaware & Hudson
Erie
Wabash
Southern Pacific
Chesapeake & Ohio
Minneapolis & St. Louis
Lindbergh
General Electric
Independent Motors
U. S. Steel
Coppers
Greene-Cananea
Anaconda
Potatoes Receipts and Prices Across States and Stocks
Department of Agriculture reports 122 carloads received on track 348 with total U S shipments 649 including Canada Bermuda and New stock demand fair. Prices vary by variety and state with Bliss, Spalding Rose, Round White and Russell No 1 quoted. conditions described as slightly weaker, weak, or slow demand across Alabama Louisiana Florida Wisconsin Minnesota Idaho and Idaho markets with most ordinary quality at about 1.10 to 1.50 per unit.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States Department of Agriculture
U. S
Canada
Bermuda
Alabama
Louisiana
Bliss
Florida
Spalding Rose
Wisconsin
Minnesota
Idaho
Russell
Copper and metal prices mixed in New York market
Copper electrolytic spot and futures at 14 2 ½d with little change. Tin steady with spot 51.62 cents and futures 50.87. Lead steady at 6.10 cents in New York and 6.00 in East St. Louis. Zinc firm with East St. Louis spot 6.12 to 6.15 and futures 6.15 to 6.17. Antimony at 11.00 to 11.12 dollars.
MENTIONED IN THIS ARTICLE
Associatedress
New York
East St. Louis
Butter and Eggs Market Report Chicago May 23
Butter prices ease with receipts of 8 550 tabs and 431 42c for creamery extras. Firsts quoted at 41 1 2 to 43c, seconds at 38 1 2c. Eggs steady with 17 947 cases received, firsts 27 1 2c to 27 1 4c, ordinary firsts 26 1 2c, storage packed extras 30 4c.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Refined Sugar Prices Unchanged as Futures Steady
In New York on May 23 refined sugar prices were steady to up five points with list rates at 5.95 to 6.00 cents for fine granulated sugar. Inside-level demand remained strong. Futures closed steady with about 2,250 tons traded and months May through March quoted at 2.69 to 2.92 cents.
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Foreign Exchange
New York
Great Britain
France
Italy
Belgium
Germany
Associated Press
New York Stock Exchange
Bels Argos
Steatsas
Canada
Mameragesiuesues
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Norway
Andes
Beth Steel
Fen Motors
Goodrich
Goodyear
Humble O & R
Seer Eee
Kayser Hs
Ane Ee
Eere
Lag & Myers
St Ry
London Metal Market Prices May 23 Metal Spot and Futures
London metal market reports spot and futures prices for copper tin lead and zinc on May 23. Copper spot 63 pounds 7 shillings 6 pence futures 63 pounds 10 shillings electrolytic copper spot 67 pounds 15 shillings futures 68 pounds mc. Tin spot 229 pounds 10 shillings futures 229 pounds Lead spot 20 pounds 5 shillings futures 20 pounds 15 shillings Zinc spot 25 pounds 15 shillings futures 25 pounds 10 shillings.
MENTIONED IN THIS ARTICLE
London
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Minneapolis Grain
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Eeeer
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Wees i
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Eee
Eeeerenee O
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Tees
Ttn
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Pac
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Finlen
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