Markets Sink as Large Seller Quietly Drops Prices
The Associated Press reports Chicago trading shows a bearish tilt as a major holder unloads the December wheat delivery, pulling prices down across wheat, corn, and oats while export demand falters. Prices for wheat fall to around 1.46 to 1.49 per bushel, with corn and oats also retreating amid weak cash demand and unsettled markets.
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Tomer
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Spe
New York Stock Market Surges on Motor Shares Rally
Irregular trading opened with a buoyant push in motor shares as many hit new records. Totals traded exceeded two million shares, aided by Fed Reserve Bank data showing higher reserve ratios. Leaders such as Judson and Dodge moved to record highs while General Motors and other big names posted gains amid a broadly optimistic outlook.
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New York
King
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Bradstreet
Maten
Judson
Dodge
Jordan
Studes Baker
Ciryeer
General Motors
Mudeduker
Hudson
American Can
Standard Inductriaix
United States Steel
Baldwin
American
Atlantic Coast Line
View
Florida
Air Line
Four Pointe
Loutaville
Nashville
Cro Fort
Ain
van Mweringen Lauer
Bangor and
Arco
Demang Sterling
Oman & Bryan
Power & Llaghi
Logan & An
Onn
Ona Corporation
Arizona
Rene
Nichols
Kerr’ Lake Io
Su Han
Tao Mason Valies
Butte Butte
Ughen Cantor la Petroleum
Wantern
Chicago
Purnia
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Chleako
Milwaul
Aigomats
Sela Iin
Elie Copper
Heela
Cuba
Davi Chemical
Indiana
Keewenaw
Eric Dupont
Lake Copper Fas
Berle
Maynower
Eaton
Mason
New Re
Finke
Cornelia General
North
Gen Motors
Northern
Tinton
Rae
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Uae
United Draath
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Snelling
Magma
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Ine
Montana
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Tates Treasury
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York
Kinadoi
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2Hos
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America
Packard
Baltimore
Ethan Steel
Seria
Hos
Melaco
Petroleum
Boy Pacific Gas
Warner
Rail and Copper Stocks Active on Market Shifts
In a volatile session rail and copper shares led activity aided by a shifting program and firming demand. The early push came from sharp covering after the Federal Reserve kept rediscount at 4 percent, with profit taking later in the day. Copper centered on Ped.to 14.5 cents amid strong domestic inquiry, while rail demand reflected cheer for September figures.
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Logan & Bryan
Federal Reserve
Livestock markets mixed across major hubs
Reports from Chicago Sioux City South Saint Paul and Omaha show cattle hogs and sheep receipts ranging from 1 500 to 14 000 with prices moving unevenly. Hog sales quoted around 9.50 to 12.00 per hundredweight with varying weights while cattle mostly steady to higher in some spots and sheep showing weakness in early trading. Market tone remains active with packers absorbing offerings and feeders holding bids in several districts.
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