Markets Rally On Widespread Wheat Buy In October
Wheat prices surged as private and official crop signals twisted expectations. Frost fears in Argentina and US weather curtailing winter wheat planting boosted futures with December near 1.38 and May around 1.40. Corn and oats shifted higher while beans, butter and sugar showed mixed moves in late trading.
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Chicago
United States
North America
Stock Market Strength Amid High Priced Industrials Rise
New York stocks showed strength led by high priced industrials as short covering and bull pools boosted trading. Auto, chemical, express, merchandising, utility and tobacco stocks led gains while U S Steel opened strong but eased. Call money remained at 4 percent and foreign exchange softened except for a firmer demand for sterling around 4.83.
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Associated Press
New York
New York Federal Reserve Bank
Studebaker
General Motors
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Lehi
Rte
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Noble Tin
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Cal
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Logan
Bryan
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Rake Butte
Ata Crunn i Ve
Land
Royale ‘Creek
Keeweenaw
Ing Co
Pacific Coat & Ol
Eno Woolworth
United States
Mathers
Repubic
Otek
Ium
Siu
Advances in stock offerings and grain market notes
Stock offerings advance amid mixed market tones with Kresge leadership and strong specialty issues. The discount rate holds at 2 1 2 percent as wheat and corn markets show firmness from demand and short covering, while primary receipts lag last year and commissions push prices.
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Logan & Bryan
Kresge
Eastern Connect
St. Lows Wold
Market quotes and foreign exchanges report New York Oct 9
The Adv. Press reports call money at 4 percent with bids 4 and offerings 4.25. Time deposits 60 to 90 days at 4 percent, 6 months 4 to 4.5. Prime commercial paper at 4 percent. Foreign exchange steady with Britain at 4.83 dollars, France at 4.60, Belgium at 4.32, Germany around 23.80. Bar silver and Mexican dollars noted. London bar silver at 32.4 per ounce.
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the Enanciated Press
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the Annee
Great Britain
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Opt
Hogs and Cattle Prices Fall Sharply in Chicago and Omaha Markets
AP reports October 9 top hogs at 12.00s, sows down to 10.10, heavy weights 11.75 to 12.15, and light buyers around 10.25. Cattle receipts about 4,000, fat steers steady to lower, cows steady, bulls strong, and stockers mixed. Omaha and St Paul show similar declines with pigs 11.50 to 11.60 top, sows 10.00, and calves weak amid bad weather.
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Lee
Leo Ameria
Reed
Americas
Brook Aia
Atte Superio
Fers Petrol
Pacific
Balumet & Meola
Chenapenge
Milwaukee
Payton
Chemicat
Irom
Boas
Bros. Pea
Greene
Canavan
Great Northern
Ortheon
Suma
Getrol
Eather
Aon International Marine
Lehigh Valley
Tis
Maracaibo
Tex i Ag
Kansas
Tex UN S
Missouri
Montgomery Wi
Montina
Packard
Repurite Steel Sa
Sears
Toebuck
Ally
Catifornia
New Seraey
Warnes Es & Uh
Chicago
Associated Press
Omama
ST. Paul
The
South St Paul Minn
Astor Reo
Denver
Seady Run
Colorado
Oregons
Wyoming
Colorados
Srvex City
Associated. Press
Sioux City
Live Stock Markets From Spokane to Warsaw
Cattle receipts at Spokane 185 steady. hogs 111 steady. sheep 62 steady. Portland reports cattle steady with 140 receipts. hogs nominally steady with 90 receipts. sheep and lambs steady. Denver notes hog receipts two loads, prices 12.30 to 12.90. cattle 900 receipts, calves 100, dull but steady. Los Angeles shows cattle receipts 300, holdovers 600, steers strong, cows and calves steady. Sioux City reports mixed cattle trade with steady prices. Warsaw notes police language study and insignia marking.
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Spokane
Portland
The
Associated Press
Ore
Los Angeles
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