Argentine frosts lift grain prices in wary market
Frosts across Argentina threaten crops and spur a late rally in wheat prices. December and May futures show modest gains while corn and oats ease. forecasts of additional rain and Canada crop prospects influence trade. Spot cash wheat remains strong in Liverpool amid limited supplies. U.S. supply data and milling demand also factor into the day’s shifts.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Argentina
Liverpool
United States
Canada
Toms
Howe
Winnipeg
Northwest
Minneapolis
North America
New York stocks surge as high demand supports gains
Active buying by speculative traders drives a broad rally on the New York Stock Exchange with a turnover near record levels for six weeks. Major groups including motors, rubber, copper, steel and tobaccos advance to new yearly highs while United States Steel and American Can hit fresh records. Call money at 4 percent and irregular foreign exchange mark a market showing strength in equities amid easing money conditions.
MENTIONED IN THIS ARTICLE
Hocking Valley
Willys Overland Common
Studebaker
Hupp
General Motors
United States Steel
Baldwin
American Smelting
Howe Sound
Timken
American Tobacco Lines
Atlantic Gulf and West
Indian
Beare Roebuck
Flexchmann
Goodrich Rubber
Simmons Company
Rosch Magnet
Atlantic Coast
Ling
Pittsburg
West Virginia
Northern Pacific
Allied Chemical Ficramer
Erle
Ist
Eaton Aaleess Sarina
International Nickel
Logan & Bevan
Spectatty Group
Steel Common
Verde
Toes
Galena
Vacuum Imperial Dito
Remcont International
Logan & An
Hancock
Keeweenaw
New York
Bryan
Ostoway Io
Boston
United Profit
Shari Head
South
Laie Sa
United
Citi Bervice
Wyandotte
Mexico
Ryan
Herom Tern
Delores
Kere Lake
Maton
Aiey
Isang
Cho Cos Teck
New Vor
Yiu Choe Laverty
Iberty
United Stal Treasury
Aia i
Jechoslovak
Republics
Frominion
Canada
Republic
Belgium
Kingdom of Chile
Oory
Fale
Bois
Burin
Sinclair
Power & E
Fis Vikan
Metal industries lead the market today
Market reports show metal industries driving gains as copper and steel advance. Strong demand and favorable August statistics buoy prices while grains and oats soften with weather and supply signals shaping expectations for autumn trading.
Market Recap Hogs Cattle Sheep From Chicago and South Saint Paul
Chicago and South St Paul market notes show hogs steady to higher with tops around 15.60 for 140 to 228 pounds and 240 to 350-pound butchers up to 13.25. Cattle receipts 23,000 with strong to higher demand for fed steers, yearlings around 15.50, and fat native lambs steady to higher. Sheep receipts 18,000 with some loads to packers at 15.50 to 16.00 and lambs steady to higher. South St Paul reports cattle around 9.00 top for select western grass stockers, calves mixed, hogs uneven with up to 13.00 for 140 to 220 pounds, sows up to 18.00, and sheep steady.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
South St. Paul
The
Minn
Kansas City Livestock Prices and Receipts Report
Kansas City market reports cattle calves and sheep with receipts around 25 000 cattle 6000 calves steady to higher demand for killing class top yearlings 13 heavy weights 210 50 cows fat 3 70 to 5 75 heifers 4 50 to 6 00 packing sows 10 75 11 grain fed to 13 25 strong lambs 15 90 natives 14 75 transfers and price ranges noted for various weight classes and stockers buyers and sellers active in moderate to strong trading across divisions.
MENTIONED IN THIS ARTICLE
Arly
Kansas City
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Bring About Rally
Inseed Cote
Pminneapolis
Shapolis
Montana
Associated Venn
Wisconsin
Minnesota
Call Money
York
Associated Prox
Banke
Italy
Associated Race
London
NEW York Stock Exchange
Metal Industries
Dyke Associated Press
Norther
Cc. . Louis
Salt Lake
Logan
n-Utah
North Buandard
Walker
Denver
Berap
Honowoming
Swestock
Logan, & Bryan
Bohemia
I Fa
Cony
Monican
Tiga Bicettis
Oosworth A Ito Iite
Logan & Bryan
Emicaco Lochs
Butte
Atlantic
Pacific
Bi San Francisco
Lew Ai
Diines
Soahane
Senta Ein
Finlen
A. A. Housman
East Broadway
Wall St
New York City
Metals Bank & Trust CO
Butte, Mont
Yarees
Charles J. Kelly
James E. Woodard
James T. Finlen
P.w. Place
P Demat Aasstane Gas
F Surke
First National Bank OF
Tal
Serpion
Rene
Andrew 3
Dave
J. Stephenson
Boge U. Mill
Andrew J. Davis Jr
W. J. Forsythe