Red Winter Wheat Premium Pushes Prices Across Markets
Heavy trading firms boosted the No 2 red winter wheat premium to new highs as rains in the northwest curb new supply. Chicago Minneapolis and Winnipeg saw gains with December and May futures climbing while corn slipped. Cash No 2 red winter sold around 1.12 to 1.20 a bushel amid fluctuating oats and futures. Nearby deliveries firm. distant ones soft.
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Chicago
Minneapolis
Winnipeg
Aga
Europe
Wall Street Sags After Late Rally Fizzles on Sept Trade
Speculative selling hit New York stocks as the prior advance weakened. Declines spread across major industrials with United States Steel and Allied Chemical among losers while some rail shares and bond issues showed strength. Money and rates remained steady as investors awaited further signals from market news and oil sector actions.
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New York
Presia
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Ohio
Reading
Logan & Bryan
Agar
Tnis
Cuba
di Tore
Prairie Oil and Gas
Bhat
Grain Market Shows Mixed Wheat Demand In Late Trading
Active buying of wheat supported by dips and stronger technicals as eastern shorts cover. cash wheat demand healthier with red wheat at 22 cents over September. Corn trading influenced by scattered selling, December holding firm, oats slightly lower, rye irregular. Weather improved across belt, dampening buying zeal. reports of rains harming German crops had little impact.
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Lverpool
Thrade
American Northwest
Minneapolis
New York Money Rates and Metal Prices Report
Call money edged higher to around 4 percent with bids around 4 and offers near 4.14. Foreign exchange steady with quotes in cents for Britain and France at 4.72. Copper dull. tin firm at 58.37 cents. iron and lead steady. London metal prices show various spot and futures levels across copper tin lead zinc and others.
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New York
Britain
France
Italy
St. Louis
Midwest and Western Cattle Markets Mixed on Sept 15
Cattle receipts across major markets show varied demand with fed steers and yearlings steady to higher in Chicago and Omaha, grass cattle firm in Denver and Los Angeles while Western feeders and stockers rise. Hog trade slower in packing markets with prices mixed as supply tightens. Sheep and lambs show firmness in several markets, with fat lambs scarce and values inching up in stages.
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The
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