Markets Rise On Argentina Crop Damage News
Alarming crop reports from Argentina sent wheat prices higher in Chicago with gains near 6 1/2 cents a bushel before settling up. Prices for December and May contracts moved to about 1.61 to 1.62 and 1.60 to 1.60 percent respectively as traders weighed fresh damage estimates and rain patterns.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Argentina
Liverpool
Buenos Aires
Europe
Canada
Wall Street sinks as bears drive prices to near day’s lows
New York stock prices fell to fresh lows as bear selling hit motors and other industrials. Calls money rose to 6 percent, while gains in wheat and French francs provided contrast. Major losses touched Anaconda Copper, Coca Cola, IBM, Westinghouse, and Gulf States Steel as traders awaited dividend news and earnings.
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Associated Press
New York
Phillips Petroleum
General Motors
Hudson
Anaconda Copper
Crucible
Gulf States
Western Union
Woolworth
Otis
Coca Cola
International Business Machine
Union ‘Tank Car
Westinghouse
Ralls
Norfolk & Western
Zlotos
Aenew
Potato Prices In Chicago Market
Potatoes trading slow with a barely steady market. United States shipments reach 389 cars. Wisconsin Minnesota Round White trades at 3.25 to 3.30, some fancy higher, poor at 2.75. Michigan Wisconsin bulk Round White 3.10 to 3.30, Idaho Russets 3.00 to 3.30 depending on quality.
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The
Associated Press
Chicago
United States
Wisconsin
Minnesota
Michigan
Idaho
Mixed Movements In Stock Market Daily Report
Log g a n and Bryan note mixed stock movements with rallies met by ample supply. Paris news on Briand forming a cabinet weighs on markets while Union Pacific earnings and dividend updates support some assets. Wheat and corn rise on export demand, rust fears from Argentina text, with calls for cautious purchases on recessions. Call money firm with rates around 4 to 5 percent and mixed collateral in NY money market.
MENTIONED IN THIS ARTICLE
Logan & Bryan
Paris
Union Pacific
Phillips
Gabriel Snubbers
Jewel Ten
New York Federal Reserve Board
Seaboard
Littie
Foreign exchange rates in New York banks report
Foreign exchanges irregular quotations from agents show Great Britain at 4.84 percent demand and cables at 4.8476. France at 3.82 demand and 3.82 cables. Italy at 4.04 demand and 4.05 cables. Belgium at 4.52. Germany at 23.80. 60 day bills on banks around 4 for various markets.
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Foreign Exchange
New York
Navy
Great Britain
France
Italy
Belgium
Germany
Bar Silver and Mexican Dollars Report
Bar silver in New York at 69 and a quarter cents per ounce with Mexican dollars at 53 and a quarter cents. London markets show bar silver at 32 and a half pence per ounce.
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Associated Press
New York
London
Metals Market Keeps Quiet Across Copper and Tin
New York reports copper steady with electrolytic spot and futures around 7M. Tin steady with spot 62.75¢ and futures 62.25¢. Iron and lead hold steady. Zinc firm with East St. Louis spot 8.85¢ and futures 8.80–8.50¢. Antimony at 20¢ spot. London prices show copper £60 2s 6d spot and £61 2s 6d futures, tin £282 15s spot £278 15s futures, lead £36 spot £35 7s 6d futures, zinc £39 10s spot £38 7s 6d futures.
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Hoston Exchange
Logan Wey
Adventure Sete
Algomah
Arizona
Bingham Mines
Calumet
Calumet & Hecla
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Wee
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Gree
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East St. Louis
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Flax Prices Reported in Duluth Market
In Duluth on November 24 flax closes show November at 2.557% per bushel, December at 2.56, and May at 2.63. This brief market update lists futures at respective contract months with precise cents. The report notes steady demand as prices edge higher into the spring contract.
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The
Associated Press
Duluth
Livestock Prices Change Across Hog Cattle and Sheep
Chicago market report shows hog receipts at 30 000 with 10c gains for weights 160 to 325 pounds and top around 11 20. heavy hogs 11.00 to 11.20. Cattle receipts 14 000 with fed steers steady to higher for bulk 8.50 to 10.75. best heavy steers to 13.75 and some loads 11 to 12.25. fat cattle steady or 50c higher. yearlings up to 13. sheep receipts 12 000 with fat lambs 25c higher and better grades around 15 to 16 dollars per head.
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Chicago
The
Associated Press
Livestock Market Prices Reach Across Range of Wethers and Lambs
Prices quoted for the stock market show many figures for wethers and lambs. Early bulk fat ewes fetch around seven to eight dollars, with aged wethers touching nine to ten dollars. Feeding lambs command about fifteen to sixteen dollars, while yearlings and lighter lots vary near thirteen dollars.
Cattle and hog market report from South St Paul
South St Paul Minnesota cattle receipts total 2400 with steady opening across killing classes and prices for fat stock firm. Hogs receipts 15500 show gains of about 10 cents with desirable 140 to 250 pound averages around 10.70, packing sows near 9.75, pigs steady near 11.75, weight 204. Sheep receipts 1000 with fat lambs strong at 15.25 to 15.50, fat ewes about 6 to 8, range feeding lambs noted near 15.25.
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The
Associated Press
South ST. Paul
Minn
Cattle and Hogs Steady as Spokane Market Reports
Spokane Nov 24 Cattle receipts 87 market steady no change in quotations Hogs receipts 59 steady good to choice 11.50 11.60 light heavies 11 11.10 heavies 9.50 10.60 rough and heavy sows 7.50 9.60 fat pigs 11 11.25 feeders stockers underweight pigs 10 10.50 Sheep receipts 222 steady no change in quotations
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Spokane
The
Associated Press
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