Wheat market tumbles after midday rise on Argentina news
Chicago and Minneapolis grain markets showed a sharp reversal as wheat prices, led by July highs, fell back amid profit taking and signs of export buyers losing momentum. Argentina crop doubts persisted with forecasts of meager yields, while corn and oats mostly held steady and hog-led provisions moved little.
MENTIONED IN THIS ARTICLE
Cago
Chicago
Argentina
Liverpol
Rosario
Morteros
la Francia
Minneapolis
Market Reverses Sharp After Early Rail and Metal Rally
New York stocks closed with widespread losses after an initial strength led by rail shares and select metals and tobacco issues. Industrials showed mixed results with United States Steel and American Can down, while DuPont and tobacco products rose. Call money steady at 4 percent and foreign exchange stayed narrow. Polish zloty hit a yearly low.
MENTIONED IN THIS ARTICLE
Associated Presse
New York
Coolidge
Legiti
New York Federal Reserve Bank
Mercantile Reviews
Dun
Bradstreet’s
United States Steel
American
Baldwin
General Motors
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Nickel Plate
Pennsylvania
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Pittsburg
West Virginia
Baltimore & Ohio
Erie
Chesapeake & Ohio
Potato Market Slows in Chicago Trade
Potato demand and trading are very slow in Chicago with a weak market. Total U S shipments reach 535 cars, plus five Canadian cars and Wisconsin Minnesotas sacked Round Whites priced at 3.25 to 3.60, fancy shade higher at 2.75 to 3.00, and 10 sack Russets at 3.75 to 4.00.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
United States
Wisconsin-Minnewee
Sugar Prices Edge Up as Futures Steady Amid Trade
Sugar futures closed slowly steady in New York with approximate daily turnover around 70,000 tons. December at 7.48 cents, January 2.34 cents, March 2.42 cents, May 2.55 cents, July 2.66 cents.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Reaction Sets In On Late Dealings
Logan and Bryan report mixed mood in New York trading with a sharp reactionary tone in late afternoon. Influences from the president address and Fed rate at 3 percent plus rail earnings news supported some gains but heavy profit taking persisted, with liquidation seen in many industrials and renewed interest in rails and oils.
MENTIONED IN THIS ARTICLE
Logan and
Bryan
New York
New York Federal Reserve
Rail Department
Hudson Motors
Kansas City Southern
Pacific Oil Report
Grain market bulls drive wheat to new highs then fade
In Chicago and London trading, wheat futures surged to fresh highs on bullish export demand and strong Liverpool and Buenos Aires notes. Buenos Aires up six cents, Liverpool up about 5% to 4%. Private Argentine forecasts cut.
MENTIONED IN THIS ARTICLE
Chicago
Navy
Liverpool
Buenos Aires
Rate Snapshot From Mixed Collateral Loans
A brief financial note outlines closing bids at 4 percent and offers near 4 percent. It references last loan figures, call loans against acceptances, and time loans with mixed collateral, spanning 60 to 90 days and 6 to 6 months, all around 4 percent.
Metals Market Report Shows Mixed Copper and Zinc
New York copper and zinc futures and spot prices move with copper at 144e and 63.12c futures. Lead steady at 9.75c, antimony 20c, bar silver at 69c. London quotes list copper and tin prices, with zinc and zinc futures also noted.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
East St. Louis
London Metals
London
Livestock prices slide as Chicago market reports mixed gains
Livestock prices show a varied Chicago market with hog receipts at 21 000 and hogs mostly 10 20 cents lower than Thursday's best, packing sows steady and roaster and butcher grades fluctuating. Cattle receipts 4 000 with few bids for yearlings and light steers, fat steers easing to about 9 50, and fat heifers steady. sheep receipts 7 000 with fat lambs active and bids around 15 50 to 16, natives and ewes trading at 7 50 to 12 50 amid light feeding lambs constraints.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Foreign exchange rates in New York steady
Foreign exchanges remained steady in New York on November 20. Quoted rates include Great Britain at 4.833 16 for demand and 4.849 16 on cables, with 60 day bills at 4.809 16. France demand 3.96, Italy demand 4.00 with cables at 4.01, Belgium 4.53, and Germany 25.80.
MENTIONED IN THIS ARTICLE
The
Associated Press
New York
Great Britain
France
Italy
Belgium
Germany
Omaha Live Stock Market Report November 20
Omaha reports on hogs cattle and sheep with receipts of 7500 hogs 1700 cattle and 2500 sheep. Prices vary by weight and class with top hogs at 11.00 per cwt and bulk sales around 10.25 to 10.90. Cattle show scarce fed steers and yearlings with bulls veals and cows priced across the usual ranges. Lambs are strong with high paying clipped and feeding lambs up to 15.50 per cwt.
MENTIONED IN THIS ARTICLE
Omaha
Associated Press
Cattle and hog market roundup from St Paul area
In St Paul Minnesota on November 20 cattle receipts reached 2100 with slow but near steady demand. Best native steers around 7.75, bulk 6 to 7.50. fat stock mainly 4 to 6. Calves receipts 1900 steady with good lights favored. Hogs receipts 16000 down about 20 cents, bulk butcher hogs near 10.80 with little change for packing sows and pigs.
MENTIONED IN THIS ARTICLE
ST. Paul
Associated Press
South ST. Paul
Minn
Market summary shows varied livestock quotes and strong fat lamb signal
The report lists hog prices at 10.80 to 11.50 with bulk packing at 9.75 and 11.50 for much of the run, pigs averaging 120 to 140 pounds, Thursday average 10.85, weight 210. Sheep receipts at 1,500 with limited early sales and a bullish note. fat lambs expected up to 26 cents higher with bulk choice at 15.25, cull salable around 9.50, fat ewes at 6.50.
Market Report from Denver Meat Receipts and Prices
Denver market notes hog receipts 500 with top 11.66 for 155 pound loads and 11.26 to 11.50 for 235 pound loads. Cattle receipts 450 and calves 50 with cows at 4.50 to 5.00, vealers up to 9.50, stockers 6.50 to 7.85. Sheep receipts 6,700 with 89 pound mid-western lambs at 14.75 freight paid. other sales not listed.
MENTIONED IN THIS ARTICLE
Denver
Associated Presse
Sioux City cattle receipts show slow market and steady to weak demand
Sioux City Iowa reports cattle receipts around 2,000 with market slow. Killers steady to weak and stockers steady, fat steers and yearlings at 6.13 to 7.50/100, fat cows and heifers 5.50 to 11, canners and cutters 3 to 5.55, grass cows and heifers 4 to 7, bulls 4 to 5.25, feeders 6 to 8.50, stockers 5 to 8, yearlings and calves 4 to 8, feeding cows and heifers 3 to 6.
MENTIONED IN THIS ARTICLE
Sioux City
The
Associated Press
Iowa
Live stock market report from Los Angeles auction
Cattle receipts 200 with holdovers 200 and moderate activity. Steers not offered. better stock steady to weak with last quotes at 4.5 to 5.35 for slaughter? cows and cutters 2 to 3.50. Calves 100 with slow demand around 7 to 8.25 for southwestern calves. Hogs 200 with holdovers 60 and slow trade. one 158 lb lot at 12.85. Lambs and ewes: good lambs 14 to 15, ewes 5.5 to 8.0.
MENTIONED IN THIS ARTICLE
Los Angeles
The
Associated Press
Southwestern
Livestock Market Report from Portland Oregon
PORTLAND ORE Nov 20 Cattle receipts 150 nominally steady with little slaughter stock offered. Hogs receipts 285 nominally steady, all killing pigs and feeders unsold early. Sheep receipts none nominally steady. Thursday’s late lamb market: three double decks farm lambs uneven. average weight about 72 pounds and steady at 11 dollars without sort.
MENTIONED IN THIS ARTICLE
Portland
Associated Press
Ogore
Cattle and Hog Market Notes From Spokane
SPOKANE Nov 20 cattle receipts 15 market steady no change in quotations hogs receipts 276 steady good to choice 11.60 to 11.75 light heavies 21.10 to 11.25 heavies 9.60 to 10.75 rough and heavy sows 7.60 to 8.75 fat pigs 11 to 11.25 feeders stockers underweight pigs 10.50 sheep receipts none steady no change in quotations.
MENTIONED IN THIS ARTICLE
Spokane
The
Associated Press
German firm to establish power fuel plant in Australia
A German concern with capital over $1,006,000 plans to set up in Australia a factory for manufacturing power fuel and chemical products.
MENTIONED IN THIS ARTICLE
Australia
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