Wheat Rallies In Final Hour On Supply Drop And Drought
Wheat finished mixed with a late surge driven by a smaller U S visible supply and crop worries in the Northwest. Canada stocks slipped and export demand chatter rose while showers dampened earlier losses and corn rose on spreads against wheat.
MENTIONED IN THIS ARTICLE
Associated Presse
Chicago
United States
Canada
North America
Europe
Lisbon
N. C
Fargo
Foreign exchanges mixed with various bank rates
New York currency markets show mixed foreign exchange quotes in cents. Great Britain demand at 4.87 and cable rates around 4.883 and 4.845 to 16. France demand at 3.935 16 to 3.9313 16 with cables at 3.93 13 16. Bar silver quoted at 615 16 per ounce and Mexican dollars at 4742 16.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Great Britain
France
Gall rate Aata market declines
New York stocks fell as the call money rate rose to 6.4 percent, the highest since 1921, triggering sharp drops in high priced specialties and several blue chip issues. Trading volume eased below 3.5 million shares as money pressures and unsettled settlements clouded sentiment.
Minneapolis Wheat Receipts and Cash Prices Report
Minneapolis reported 196 car loads of wheat receipts for the day, compared with a holiday period a year earlier. Cash prices shown include No 1 Northern at 1.45 and 1/2 dollars, No 1 fancy Northern at 1.89 and 1/2, No 1 hard spring about 1.53 to 1.90, and various grades for dark Northern spring, Montana, and Red Durum with values ranging around 1.29 to 1.70. Corn at 1.01 to 1.03, oats at 0.64, rye at about 1.26 to 1.28, flax at 2.37 to 2.42.
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Logan & Bervan
Minneapolis
Montana
Ak Witth
Associated Press
Northern
Stock Quotations New York May 28
Call money firmer and mixed collateral rates shown. Time loans 60 to 90 days at 5 1 2 to 6 percent. Four to six months 5 1 2 percent. Prime mercantile paper 4 1 2 to 4 1 4 percent. Bankers acceptances range 30 days 4 4 4 percent to 4 1 2 percent for longer terms.
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Associated Press
New York
Prime Mercantile
Potatoes Prices Across States From Chicago Report
POTATO PRICES. CHICAGO May 28 United States Department of Agriculture Potatoes Receipts 178 cars on track 352 total United States shipments Saturday 1 203 Sunday 101 cars new stock trading fairly good market slightly weaker Alabama Louisiana Texas sacked Bliss Triumphs 242 25 fancy shade higher Florida barrel Spalding Rose mostly 4 25 old stock trading slow market dull Wisconsin sacked round whites mostly 1 10 1 15 few 1 25 Minnesota sacked round whites best 95c 1 10 poor 65 85c Idaho sacked Russell 1 10 1 15 mostly 1 15
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Associated Press
Chicago
United States Department of Agriculture
United States
Alabama
Louisiana
Texas
Bliss
Florida
Wisconsin
Minnesota
Idaho
Russell
Sugar Market Quiet as Prices Hold Steady
In New York on May 28 refined sugar prices remained unchanged at 6.05 to 6.10 cents per pound for fine granulated. Futures closed steady with approx 13,800 tons sold. July 2.75c September 2.80c December 2.89c March 2.76c May 2.83c.
MENTIONED IN THIS ARTICLE
New York
Livestock Receipts and Prices from the Department of Agriculture
Hogs receipts 64 000 mostly 10 to 25 cents lower than Friday. Top 9 90 for 210 lb hogs. Cattle receipts 16 000 with steers and yearlings up 15 to 25 cents. Slaughter cattle prices listed by weight and grade. Sheep receipts 12 000 with fat lambs steady to 15 cents higher and various lamb and ewe prices.
Cattle and Hogs Mixed Prices From Omaha Seattle Markets
Cattle receipts 7,500 to 3,800 reported with steady to uneven bids. Fed steers and yearlings near steady. hogs slow with light and butcher classes down 15 to 25 cents. Sheep and lamb markets mixed. calves down about 50 to 100 cents, while top hog bids around 9.30. Seattle shows steady cattle and hogs with moderate lamb gains and steady ewes.
Cattle and hog market notes from Portland and Spokane
From Portland May 28 USDA cattle receipts show slow opening with few fairly good grass steers around 119 to 141.75 dollars, others weak to 25 cents lower. Hogs receipts 2 665 with light early sales near last week. top around 10.10 dollars, typical 9.85 to 10, sows steady 7 to 7.25, best light feeders asking 8. Sheep receipts 1 445 slow with one deck lambs steady at 13 dollars. Spokane reports May 28 cattle receipts 104 slightly lower. steers good 10.75 to 11.25, medium 10 to 10.50, common 8.47 to 9.25, cows good 8.75 to 9.5, stockers 4.5 to 5.5, calves medium to end of list.
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Associated Press
South ST. Paul
United States Department of Agriculture
Omaha
Associated Presse
Oregon
Seattle
Portland
Spokane
Market Day Shifts As Leading Issues Falter
In New York on May 28 the market showed mixed moves with many top stocks offered while copper, rails and oils rallied. Money rates rose to 6 percent in late trading, triggering a broad downturn as air plane shares faced pressure and Nash and Chrysler steadied the motor group before sliding with the market. Domestic copper showed steady demand at 14.5 cents per pound delivered and 15 cents exported.
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Associated Press
New York
Wall Street
England
Radio Common
Wright Aeronautical
Curtiss Aeroplane
Adams Express
American Agricultural Chemical Preferred
American Linseed
Atlantic Refining
Case Threshing
Christie Brown
Continental Can
Davison Chemical
Dupont
General Motors
Greene Cananea Copper
Indian Motorcycle
International Nickel
Montgomery Ward
National Biscuit
Otis Elevator
Russia Insurance
Studebaker
Vanadium
Magma
Kennecott
Calumet Hecla
Butte
Howe Sound
Barnet Leather
Detroit Edison
Frank G. Shattuck
New York Central
Erie
Union Pacific
Delaware & Hudson
Sterling
Nash
Chrysler
London
Berlin
Paris
Grain Letter Signals Mixed Wheat Outlook and Rail Receipts
The report notes rain in Western Canada easing fears and pressure on wheat prices while dockside and Canadian visible supplies shift. It cites Duluth shipments of 503000 bushels and large Winnipeg receipts, with oats and rye showing varied demand and price action. Foreign markets remain pessimistic in Poland and Russia, affecting later outlook.
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Chicago
Northwest
Canada
Dakotas
Minnesota
Poland
Russia
Duluth
Winnipeg
Shorts
Livehog and Sheep Market Receipts Report
Hog receipts show steady to good and choice quality with prices ranging from $6 to $13.50 for various grades. heavy and light categories vary with smooth trends and specific totals such as $979.35 for light heavies and $848.35 for medium heavies. Sheep receipts are none to steady with er lambs at around $12 to $13 per head, yearling wethers at about $10 to $11, and ewes at $68 with culls and canners between $3.50 and $5.50.
Hansen Packing Co Hog Prices Quoted From Butte
The Hansen Packing Co in Butte quotes hog prices: Choice 9 dollars per hundred weight? medium heavy 8981? extra heavy 697? lights 878? extra lights 771s.
MENTIONED IN THIS ARTICLE
Hansen Packing CO
Hansen Packing Company
Butte
Metals Market Report from New York
Metals market roundup from New York on May 28 shows copper steady across electrolytic spot and futures. Tin steady with spot at 51.25 and futures at 50.75. Iron quiet with No 2 prices across Eastern Pennsylvania Buffalo Alabama. Lead steady in New York and East St. Louis spots around 6.20 and 6.05 to 6.10. Zinc dull at East St. Louis with spot 6.12 to 6.15 and futures 6.15 to 6.17. Antimony spot 10.75. Quicksliver at 123.00.
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Logan & Bryan
Ahumada Terror Oe
Allis Chalmers
Soo Eee
Peewee
Archer Daniels
TAN
Atlantic Refining
S.oscesceescoss
Tso
Atchison . Tee
Atlantic Gulf Tor
Austin Nichols
Baltimore & Oho
Bethlehem Steel O
Butte & Superior
Butte Copper
Callahan Zine
California Petroleum
Calumet
Arizona
Calumet & Hecla
Canada
Canadian Pacific
Cerro de Pasco Ng
Chesapeake & Ohlo
Chicago Alton
Chicago Great Western
St Paul
Chicago Northwestern
Chicago
Rock Island
Chile
Chrysler Motor
TORO
Colorado
Davidson Chemical
Dodge
Aroas
Electro Power & Light
Foundation Company
Fleischmann Yeast Steel Ae
Vreeport Texas
Gabriel Snubbera
Aed
General Electric
General Motors
Great Northern
Great Western Sugar
Greene Cannnea
Gulf States Steel
Howe Sound
Hudson Motors
Motors
Hupporn Bay
International Busitness
International Cement Common
International Combustion Eng
International Harvester
International Merc Marine
Sukie Bad
TAS Moyad
International Telephone & Telegraph
Kansas City
Kelly Springfield
Kennecott Copper
Kresge Co
Lee Rubber & Tir
Loews Incorporated
Magma Co
Manhattan
Maytag Company
Marland Oil
Mexican Seaboard
Miami
Mid-Continent
Missouri Kansas & Texas
Missouri
Kansas & Texas
Missouri Pacific
Montgomery Ward
Moon Motors Ae
National Power & Light
Eeeereessree
Nevadas
New York Central
New York Dock
Northern Pacific
RAO Pacfic Gas & Electric
Hotse
Packard Motors
Paige Detroit Motors
Pan American
R” O
Paramount Famous Player
Eevee Eeess Sae
Pennsylvania
Phillips Petroleum
Pierce Arrow
Radio Corporation
Nas
Republic Tron A
Eeeereteeene
RJ Reynolds Tobacco B
Schulte
Seaboard
Sears Roebuck
the Oro
Simms Petroleum
Sinclair
Southern California
Edison
Southern Pacific
Southern Railway
Teese
Standard Gas & Electric
California
Ao Ag
New Jersey
Stewart Warner
Studebaker
RCA Tennessee Copper & Chemical
Texas Corporation
Texas Gulf
Texas Pacific
Texas Pacific Coal &On
Texas
Pacific Land Trust
Union Pacific
United Drug (New
Rubber
United States
Eeeesesevesee AQ
United States Steel Psagn OH Rset ES Adisae
Ita Oo Ae
Utilities Power & Light Iege
Warner Bros
Seater Seeensetes
Westinghame Electria
Ces Ascccascensi
White Motors
Woolworth
Southern Dairies Fey Ee
Associated Press
New York
New York Stock Exchange
U.S Libertien
Germany
Italy
Japan
Norway
Gen Motors
Goodrich Biles Eve
Uioodwear
Eseas
Humble O & R
Ste Oa
Kayser Hles
Kresge
Lig & Myers
Market St Ry
Montana
Pow Os
Ohio
Pac G & E Bs
Pac
Utah
Westinghouse
Wilson & Co
Toevea
Youngston S & T
Railways
Atchison
Can
Ee Ve
Northwestern
S Ae Ee
Cuba Ry
Gt Northern
Missouri Pac
Nor Pac
West Pac
ALT Lake Mines
Alta
Alta Tunnel
Cardiff
Columbus Rexall
Emma
Eureka
Iron King
Kennebeck
Keystone
Lehigh Tintle O & Ale
Magnolia Lead
Mammoth
Walker Mining
West Toledo
A. AO
New Quincy
North Lily
Bringham Metals
Tintle Central
Croft
Mtn Monarch Lead
Rid
Ariz
Bingham Mines
Franklin
Hancock
Isle Royale
Keeweenaw
Mason Valley
New North Butte
Quincy
Apex Victoria Ervees Oo
Spokane
Logan
Doulas
Dunwell
Gladstone
Goldsmith
Golconda
Grandview
Highland
Typotheek
International Coal Vee
Kootenai
Jim
Lookout
McGillivray
Montana Idaho
New World Life
Option Mining Co
Premier
Richmond
Yukon
Saunders
Cereae
Sherman
Sloean King
Sloean Rambler
Stratton
F.o.b
Eastern Pennsylvania
Buffalo
Alabama
East St. Louis
Butter and Eggs Prices Reported for Chicago Market
Butter receipts list 18 857 barrels with 42 42 c and 41 42 c standards and extras. Eggs receipts show 45 784 cases with firsts 27 27 2 c and ordinary firsts around 29 2 c in storage packed extras 30 ac.
MENTIONED IN THIS ARTICLE
Chicago
Poultry Prices and Trade Hint from Chicago Market
May 28 Chicago market reports steady poultry prices with 12 carloads received. Fowls 23 to 25 cents, broilers 33 to 42 cents, turkeys 20 to 25 cents, roosters 16 1/2 cents, ducks 20 cents, spring ducks 28 cents, geese 14 cents. Hare skins from Turkey may be introduced into this country.
MENTIONED IN THIS ARTICLE
Chicago
Turkey
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Denver
Boston
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Boston Ely
Jerome Verde Tae
Ao Mohican
Nixon
Ohio Copper
Shattuck
Dean Wee
Shea
Verde Central
Boston & Wyoming
Chappell Oil
Williams
Associated
Pregs
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