Markets Edge Down as Liquidation Pressures Widen
Chicago May 29 persistent liquidation by wheat contract holders weighed on futures with July and September slipping. Corn rose slightly, oats eased, and provisions stayed near yesterday's close as traders awaited month-end settlement amid bearish sentiment and government regulation. In Minneapolis cash grain markets No. 1 northern wheat traded around 1.14 to 1.22 dollars, with spring varieties showing varying values and other grains moving modestly.
MENTIONED IN THIS ARTICLE
Chicago
Argentina
India
Kansas
Minneapolis
The
Associated Press
Market News Butter Eggs And Cheese Prices
In New York on May 2, unsettled creamery butter and higher creamery extras, eggs show weak to unsettled trading with various firsts and seconds quoted. Chicago reports mixed butter status with stable to unsettled eggs and cheese firm for state whole milk twins with modest gains.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Butte
Chicago
Sugar Prices Hold Steady in New York Market
New York May 29 refined sugar prices unchanged at 9.75 pounds to 9.90 dollars for fine granulated. Demand is tepid. Sugar futures closed easy with about 24,000 tons traded for July at 6.35, September 6.45, December 5.92, and March 4.65.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Foreign exchange and money market summary May 29
New York reports irregular foreign quotations with Britain at 4.62 for demand and 4.60 on 60 day bills. France around 6.69, Germany near 0.00165, Brazil 10.37, and Montreal at 9723-32. New York money: call money firm at 5 percent high, 4 percent low, closing bid 6 percent, last loan 5 percent. Time loans easier, prime commercial paper 5 percent. A single line notes that a seed of the double white lilac will produce a plant bearing thousands of flowers.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Great Britain
France
Italy
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Brazil
Montreal
NEW York Money
The
Call Money
Stock Market Slips as False Start on Dividends Triggers Mixed Moves
Fifth holiday dullness marked New York trading with irregular price swings as speculation on market direction lingered. Crucible steel rose to 73 before easing to 72, American Locomotive peaked at 143% and fell to 141, Studebaker hit 113% then back to 112% amid heavy top-shelf offering. Copper shares slipped, American Smelting advanced nearly 2, and National Lead gained 5%. Railroad issues fluctuated with Canadian Pacific and Pittsburg West Virginia notable down gaps. Call money opened at 4% and rose to 5%. Sterling fell to 4.62, French francs to 6.60c, argent peso sank to Sic.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Crucible Steel
Faldwin
Studebaker
American Can
California Petroleum
Canadian Pacific
Pittsburg
West Virginia
Buying of Rail Market Feature in Early Market
In a feature by the Lauzier-Wolcott Co, rail stocks led with steady gains amid favorable April earnings while oil shares showed a small pullback on rumors of a Pennsylvania crude cut. Copper sold at 14.5 cents per pound as steel orders and deliveries tempered by cautious buying. Utah Copper to Kennecott exchange ends May 31 with no extension. Public company earnings for April show varied results across major lines, including Union Pacific, Chicago Rock Island, Four, Missouri Pacific, and American Can and Tobacco dividends.
MENTIONED IN THIS ARTICLE
Lauzier-Wolcott Co
Rail Department
Pennsylvania
Iron Age
Utah Copper Company
Kennecott Company
Union Pacific
Chicago
Rock Island
Renta
Big Four
Missouri Pacific
American Can
American Tobacco
Pierce Arrow
Tonopah Belmont Development Company
Livestock Quotations From May Market Report
The Associated Frese issued livestock quotations from Chicago on May 29. Hogs receipts 40,000 with prices varying by weight and type, including top around 7.25 and prices for 160 to 225 pound and 240 to 325 pound hogs. Cattle receipts 10,000 with beef steer and yearling prices up to about 10.85 and 10.89 for top loads, bulk ranges mainly 8.75 to 10.00. Sheep receipts around steady with California springers at 15 to 15.50 and native lambs around 12 to 12.75, ewes near 5.60.
MENTIONED IN THIS ARTICLE
Associated Frese
U. S. Department of Agriculture
Chicago
California
Associated Preas
United States Department of Agriculture
Kansas City
Texas
Livestock Prices Reported For Heifers Cattle And Sheep
Heifers and cows steady with strong demand for medium grades, grassers slow. Bulk stocker prices around 6 to 8.25 with canners and cutters 3.50 to 4.50. Bulls steady with bolognas 4.75 to 5.00. years 16 to 20 cents lower. Sheep receipts 8,000 lambs, best Idaho spring lambs 16.25, California spring lambs 14.75 to 15, fed clipped lambs 13.15 to 13.60, ewes 5.25, feeders 12.70. bid on California spring feeding lambs.
MENTIONED IN THIS ARTICLE
Idaho
California
Cattle and hog markets report from Kansas City and South St. Paul May 29
Associated Press notes cattle receipts at Kansas City about 11 000 with calves 2 000 and mixed grades mostly steady to lower. Hogs receipts 22 000 with prices 15 cents lower. sheep receipts 8 000 with spring lambs 25 60 lower. South St. Paul reports cattle market slow to lower with best killing cattle steady to lower. calves steady to 25 cents lower. hogs steady to mixed.
MENTIONED IN THIS ARTICLE
The
Associated Press
United States Department of Agriculture
South ST. Paul
Minn
Denver cattle and hog market report May 29 1930s
Denver cattle receipts 1700 with market steady. Beef steers 7.89.25, cows and heifers 4.56.75, calves 4.50-13.75, stockers and feeders 6-8. Hogs receipts 3400 steady but 19 cents lower top 7.20, bulk 6.55-7. Sheep receipts 2800, market 25-35 cents lower. clipped lambs 12-13, lambs 13.50-14.24, yearlings 5.50-7.00.
MENTIONED IN THIS ARTICLE
Denver
Associated Press
Colo
Market Receipts Report From Los Angeles Show Fleet of Livestock
In Los Angeles on May 29 receipts listed cattle 190 calves 50 hogs 409 sheep and lambs 309. The report shows a steady turnout across cattle calves hogs and sheep with no price changes noted in this brief item.
MENTIONED IN THIS ARTICLE
Los Angeles
The
Associated Press
Portland Market Report May 28 Nominally Steady
Portland Ore May 28 nominally steady no receipts House prices five cents lower on top ends coins 50 prime light eight dollars eighty five to twenty five Sheep steady receipts one hundred thirty six.
MENTIONED IN THIS ARTICLE
Portland
The
Associated Press
Market Report Spokane Cattle Hogs and Sheep
SPOKANE May 29 cattle receipts 21 market steady no change in quotations hogs receipts 139 market steady prime mixed 88.25 no other change in quotations sheep receipts none market steady no change in quotations
MENTIONED IN THIS ARTICLE
Spokane
Hog and cattle market report from Omaha AP
Hogs receipts 15000 market slow mostly 15 20c lower bulk packing sows 5.65 bulk butcher 6.65 6.70 top 8.75. Cattle receipts 8000 good to choice beef steers strong 10c higher medium grades steady light yearlings dull weak. 1050 pound averages 19.60 full load mature steers 10.50 bulk 9.10
MENTIONED IN THIS ARTICLE
Omaha
Associated Press
U. S. Department of Agriculture
Metal Market Briefs Show Copper and Zinc Movements
Copper prices ease on spot and futures with values around 42.50 for spot and 42.12 for nearby futures. Northern and southern lead and zinc quotes hold steady with East St. Louis delivery reported at 6.30 to 6.40 cents. Antimony settles at 7.1 cents per pound.
MENTIONED IN THIS ARTICLE
The
Associated. Press
New York
Northern
Southern
London metals report prices May 29 1900s
London markets list metal prices for standard copper, tin, lead, and zinc with spot and futures quotes. Electrolytic copper futures £65 10s, tin futures £197 12s 6d, lead futures £24 15s, zinc futures £80 2s 6d.
MENTIONED IN THIS ARTICLE
London Metals
The
Associated Press
London
Market and trade notices from New York London encloses silver prices
Foreign bar silver in New York on May 29 quoted at 66 cocompetition Mexican dollars at 51c. In London on May 29 bar silver at 82% pence per ounce money. A fragment mentions Tyre as a first glass factory known to history.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
London
Onl Selots
al Tyre
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Butte, Montana
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