Wheat price up on Winnipeg strength and rainless Southwest
Chicago markets show wheat prices rising with July near 1.08 and September around 1.09 as Winnipeg quotes lift import prospects. Traders note reduced domestic supply and stronger world shipments while August loading is arranged. corn oats and provisions follow wheat's gains with uneven stocks and favorable planting conditions delayed by cold.
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New York Stocks Rally Before Close Then Dip on Call Money Jump
Stocks rose for most of the session after the House adopted the tax bill conference report but sold off near the close as call money surged to 4 percent. Delaware & Hudson hit a 1924 high before easing, Western Pacific rose to new peaks, and United States Steel fell back after brief gains. Sugar shares weakened with lower raw and refined prices while volume remained around 600,000 shares.
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Stock market strength amid tax bill relief prompts buying
Stocks show renewed strength after the house passed the tax bill and the president signed it. Treasury figures suggest the bonus cost could be absorbed next year with new tax schedules, keeping a surplus with careful spending. Wabash and International Paper gains noted, with mixed rail and industrial buying and shifting short-covering sentiment across the market.
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Grain supply declines in Wheat Corn and more
The visible supply of American grains as of May 26 shows declines in several grains. Wheat down 2,078,000 bushels, Corn down 2,214,000, Date down 1,604,000, Tiye down 528,000, and Barley down 195,000 bushels.
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Butter And Eggs Prices in New York And Chicago Reports
New York reports butter receipts 7 042 with creamery prices from 29 to 39 cents and varied firsts and seconds pricing for exes and storage. Cheese receipts 130 810 and milk flats show values from 16 to 24 percent. Chicago notes butter higher with creamery extras and standard grades, eggs steady with case receipts over 43 000 and prices ranging 22 to 24 cents for firsts.
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Potato Market Slumps in Chicago Trade
May 26 Chicago reports a weak market for potatoes on new stock and old receipts. United shipments show 131 cars with 70 percent sold Saturday. Wisconsin sacked round prices range around 1.49 per bushel with bulk at 1.4 cents and Louisiana sacked prices near 1.62.75 for No 7.
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Kansas City Livestock Prices May 26 Cattle Hogs Sheep
U S Department of Agriculture report from Kansas City shows cattle receipts 18 000 with29 calves 4900. beef steers and yearlings steady to lower. early bulk fed steers 8.10. Texas grassers 7.10 to 7.60. cows and bulls varied. Hogs receipts 15 000 with most 16 15c lower. packers top 7.30. bulk sales 7.05 to 7.25. 140 to 158 lb averages 6.40 to 6.65. Sheep receipts 10 000 lambs 25c to 50c lower. top natives 16.25. best clippers 13.75. shorn Texas wethers 7.25 to 7.50.
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Hog Prices and Receipts at Chicago Market May 6
Hogs receipts totaled about 60 000 with uneven demand and a 10 cent decline in some grades. Desirable weights from 250 to 325 pounds sold up to 7 60 with top 7 50. Lighter 160 to 225 pound hogs moved 7 10 to 7 35, best 7 35. Packing sows earned 6 65 to 6 80 while pigs ranged 6 25 to 7 ? and heavy hogs 7 35 to 7 50.
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Livestock Market Slows at St. Paul as Prices Dip
USDA report from South St. Paul on May 26 shows cattle receipts at 3400 with fats and yearlings down 15 to 25 cents, stockers weak, calves down 50 to 75 cents, hogs at 15 to 20 cents lower with best hogs around 6.95, sheep weak to 50 cents lower, spring lambs near 15.50, shorn lambs and ewes mixed in price.
Omaha Market Report for Hogs Cattle and Sheep May 26
Hogs receipts 10 500 slow with prices 10 to 15 cents lower. Top hogs 6 7 dollars for 210 to 300 pounds. lighter weights 6 9 dollars. Cattle receipts 8 300 very slow with beef steers 7 75 to 9 75 and top 10 10. Vealers to packers 9 50 to 10 50. Sheep receipts 4 500 slow with spring lambs steady to strong. Idaho load 69 pounds 16 50 to shippers.
Portland Livestock Report Indicates Mixed Market Movements
Cattle and calves slow with varied prices by weight and grade. Hogs steady to 15 cents lower with high volume receipts. Sheep and lambs steady as buyers and sellers balance demand across light and heavy categories.
Grain and Livestock Prices and Foreign Exchange Report
Denver market notes show hog receipts 1600 with uneven demand and top price 7.25 for select weights. Calves 2500 with varied bids, steers weak undertone, cows and heifers steady. Foreign exchange quotations listed for major nations with varied cents and bill rates across currencies in New York and Montreal.
Livestock market notes and price ranges
Cows unsold in several loads quoted at 5.90 to 7.10 per hundredweight with part loads at 7.15. Bulls steady from 4.25 to 6.25, stockers at 7. Sheep receipts total 200 with runs mostly bucks in transit and some native springers remain unsold early.
Cattle and hog market totals from Los Angeles dairy report
U S Department of Agriculture reports Los Angeles market activity with cattle receipts about 1800 and hog receipts around 1000. Imperial valley steers average 1013 pounds at about 8.65 dollars per hundredweight and similar lots, California cattle price ranges, calves 180 to 220 pounds around 7.50 to 8.50 dollars, hogs 150 to 200 pounds around 8.65 with top 8.75, sheep at 9 to 11 dollars for medium to good lambs.
Spokane Stock Market Report May 26 Cattle Hogs Sheep
Cattle receipts 310 steady with primes 7.25 to 7.50 and best cows 5 to 6. Medium to good 6 to 7 for cattle. Hog receipts 672 steady with prime mixed 7.60 and heavies 4.60 to 6.60. Sheep receipts 652 steady with prime lambs 11 to 12 and prime yearlings 7.5 to 9. Best mutton ewes 5 to 7.
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Metal Market Report Copper Tin and Lead Prices
METAL MARKEY New York May 26 copper quiet electrolytic spot and futures firm tin both spot and futures around 41. Lead ease at 6.87 7? and zinc quoted. antimony 8.80. London May 26 standard copper spot futures 62 2s 6d aerate spot 66 16s futures 67. Tin spot 206 175 6d futures 206 7s 6d. Lead spot 29 17s 6d futures 27 15s. zinc spot 30 128 6d futures 30 128 6d.
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New York Money Rates Steady Amid Mixed Collateral
New York money markets report firmer call money at 4 percent with closing bids at 4 percent and last loan at 4 percent. Time loans hold steady with 60 to 90 day terms at 4 percent and four to six months at 4 percent. Prime commercial paper remains at 4 percent.
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Bar Silver and Money Rates in New York and London
Bar silver in New York on May 26 at 66 2/3 cents. Mexican dollars quoted at 60 cents each. London bar silver on May 26 at 345 16d per ounce. Money rate given at 2 percent.
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