Grain markets slip as longs unload and prices ease
Chicago and Minneapolis grain markets fell on selling pressure with wheat futures near the bottom and corn and oats also easing. Strength from Liverpool and drought reports in Argentina faded as hedging persisted, while weather remained favorable and export hedges were removed. Provisions declined amid cotton oil weakness and lower hog values.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Liverpool
Argentina
Northwest
North Dakota
Minnesota
Wisconsin
Michigan
Stock Market Slump Hits Major Issues At N Y Exchange
Prices fell sharply as supply and demand weakened across many industrials. American Woolen led declines after yesterday’s drop, with United States Steel and Baldwin down, while oils showed resistance. Bear raids and dividend concerns weighed on Famous Players, and broad losses extended to Anaconda Dupont General Electric and others. rails showed some strength amid overall pressure. Total sales reached 1,131,500 shares.
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New York
Sept. B
United States Steel Common
Baldwin
American Can
Brades Baker
Famous Players
Anaconda
Dupont
General Electric
Kresge Department Stores
Maxwell Motor “A
United States Cast Iron Pipe
United States Industrial Alcohol
Allis Chalmers
Davis Chemical
Chandler Motors
Pacific Oil
Standard Oil
New Jersey
Marland
California Petroleum
Phillips Petroleum
Geneva
Sugar prices hold steady amid tentative demand
Urefined sugar remained at 7.10 to 7.40 cents for fine granulated with only moderate inquiry. Refined futures were nominal. Futures closed irregular with limited selling. 20,000 tons moved, with September at 4.02 cents, December 3.94, January 3.62, and March 3.40 cents.
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Associated Press
New York
Potato Market Receipts Rise in Chicago Trading
Potatoes show stronger receipts with 36 cars. nationwide shipments reach 721. Minnesota sacked Marly Ohios fetch $1.15 to $1.20 bulk, Minnesota sacked round whites $1.50, Idaho sacked rurals $2, Utah sacked Cobblers $2, Missouri sacked Irish $1.35 to $1.50.
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Associated Press
Chicago
United States
Minnesota
Marly Ohios
Idaho
Utah
Missouri
Flax and market notes from Duluth Minneapolis and New York
Flax prices listed for September through May anchor the market with September at 2.23 and May at 2.22. Flour and bran values noted from Minneapolis indicate a firm price level. Bar silver in New York closes near 62 1/2 cents with a small money rate of 2 1/2 percent.
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Duluth
New York
Breaks Hit Many Stocks After Market Slump
Market notes show bears pressing shares including Famous Players, Gaston Vine, Harvester, Wanlworth, Chandler, GE and International Paper. Despite mixed business signals, rails show strength with Norfolk & Western and Nickel Plate leading, while general recovery in oil, textiles, and retail trade remains cautious.
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Laumier
Wolvott & Os
Bears
Famous Players
Gast
Harvester
Wanlworth
Chandler
General Electric
International Paper
Raila
Norfolk & Western
Federal Reserve Bank of New York
Call
New Haven
Connecticut
Rails
Delaware
Lackawanna
Western
van Sweringen
Consolidated Gas & Electric Light Company of
Baltimore
General Petroleum Corporation
Santa Fe Springs
Signal Hill
General Petroleum
New Lease of Life in Wool Market
The Commercial Bulletin of Boston reports a Brisbane opening at a 19 to 12 percent advance has steadied prices and improved sentiment. Wool demand is expected to strengthen with healthier market conditions, while mohair remains slow. Quotations cover delaine fleeces to mohair, with regional price ranges for Ohio, Pennsylvania, Michigan, New York, Wisconsin, and Western territories.
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Associated Press
Boston
Commercial Bulletin of
Brisbane
Woods
South America
Commercial Bulletin
Ohio
Pennsylvania
Delaine
Haif
Michigan
New York
Wisconsin
Missouri
New England
Oregon
Montana
Hogs and Cattle Markets Reported at Chicago Fairly Steady
Swestock reports from Chicago show hog receipts around 30 000 with prices largely 10 to 15 cents lower than Thursday while killings pigs and light weights unchanged. Cattle receipts 6 000 with fat steers and yearlings fairly active and mostly steady. top steers near 11 15. Sheep receipts 19 000 with fat lambs up to 25 cents higher and good to choice range lambs around 13 50 to 13 60.
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Associated Reas
U. S. Department of Agriculture
Chicago
Southwestern Bologna
Omaha Hog and Cattle Prices Slip on Demand
Omaha market report shows hog receipts around 5 500 with prices mostly steady to 10c lower for 200 to 250 pound butchers and 160 to 200 pound pigs at 9 to 9.30 per hundredweight. Cattle receipts 2 100 with best steers and yearlings steady to higher. veals and bulls steady. stockers scarce. Sheep receipts 15 000 with killing classes 10 to 25c higher and native fat lambs at 13 to 13.20.
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Omaha
Associated Press
U. SS
Department of Agriculture
Foreign exchanges and metal market report summary
Foreign exchanges show broad ease with listed quotes for major currencies including Great Britain France Italy and Belgium plus Nordic and Eastern European nations. Copper remains easy with spot and futures around 13 percent, lead and zinc steady, antimony at 10.7 cents.
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Associatecn Press
New York
East Ft. Lotis
Market Report on Lamb and Sheep Prices
Early sales show fat western range lambs around 12.25 to 19.13.95 with best held to 13.50. Handy weight fat ewes range from 4.59 to 5.50. Feeding classes generally steady with better grades range feeders around 42.25 to 13.85.
Market Report Denver Hogs Cattle Sheep Prices
Denver market receipts hogs 400 steady with top 89.80 and averages 9.50 to 9.70 for 200 to 840 lb hogs. Cattle receipts 1 200 steady led by grass heifers 4.25 and cows 3.25 with two loads good fed yearlings 9.10 and about 1 100 steers on bid. Sheep receipts 3 500 no early sales with feeder lambs around 12.65 and 4.50 for others.
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The
Associated Press
U. S. Department of Agriculture
Denver
Market Report from South St Paul Cattle Hogs and Sheep
South St Paul cattle receipts 800 steady with top dry lots and mixed yearlings around 780 pounds. Hogs receipts 3,500 mostly 25c lower with top 9.65 and bulk 9.50 to 9.65 for 160 to 300 pounds. Sheep receipts 600 with fat lambs 25 to 50c higher and grass natives 12 to 13 dollars. ewes and breeding stock also noted.
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Associated Press
U. S. Department of Agriculture
South 8St
Paul
Cattle Hogs and Sheep Prices Reported in Los Angeles Market
Los Angeles market data shows cattle receipts around 100 with steady tones and calf demand slow. Hog receipts about 200 with steady prices for butchers and a top around 11.15 per hundredweight. Sheep receipts scarce with holdovers and buyers offering up to 12 for high quality lambs.
Cattle Hogs Sheep Steady at Portland Market
PORTLAND Sept 6 cattle and calves nominally steady with 113 received hogs steady with 297 on contract and sheep and lambs steady with 208 receipts reported by the U S Department of Agriculture.
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Portland
The
Associated Press
U. & Department of Agriculture
Spokane Market Report Highlights Steady Cattle Hogs Sheep
Spokane market data shows cattle receipts 130 with steady prices, hogs 120 steady, sheep 16 shows market steady. No change in overall tone with unchanged values across categories.
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Spokane
The
Associated Press
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