Wheat Gains on Buying and Weather Delays
Wheat rose on speculative buying and reports mills in Minneapolis were heavy buyers. Prices firmed in Chicago with No 1 hard at about 1.54 to 1.61, while corn and oats fluctuated. Weather, frost fears, and Alberta snow affected premiums and near term outputs. lard weakness weighed on provisions. Market summaries include Minneapolis grain, flour and bran, and potato markets with mixed regional prices.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Minneapolis
Alberta
Market rally boosts motor shares on New York Stock Exchange
Speculators regained control as bullish activity led by motor stocks pushed the market higher. Motor makers Mack Trucks and General Motors advanced, with GM crossing par for the first time since recapitalization. Leaders included Chandler, Packard, Pierce Arrow, Stewart Warner, and White. Call money fell to 3% amid renewed liquidity, while foreign exchange showed sharp declines in Scandinavian currencies.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Motors
Mack Trucks
General Motors
Tte
Chandler
Motor Wheel
Packard
Pierce Arrow Common
Preferred
Stewart Warner
White
Willys-Overland
Pennsylvania
Dupont
General Electric
International Harvester
Krange Stores
United Drug
United States Cast Iron Pipe
Western Union
Recovery under way at the close
Markets traced a late recovery as stock offerings eased and money rates slipped to multi month lows. Grain notes show erratic wheat movement with hedging pressure from the Northwest and a dampened buying mood. Corn and rye faced light demand and steady to easier finishes as exporters held back.
MENTIONED IN THIS ARTICLE
Russa
Russia
Foreign exchange and metal market notes prompt
The report notes steady foreign exchanges with Britain demand around 4.84 and 486 percent, Belgian and German rates, and Mexican dollars cited. In metals, copper stays quiet at 14 cents, tin firmer around 64 to 66, lead and zinc steady, with antimony near 17.27.
MENTIONED IN THIS ARTICLE
The
Associated, Press
New York
Britain
Italy
Belgium
Germany
Associated Pre
Apot
Louis
Livestock prices across Chicago and Omaha markets Sept 16
The Associated Press reports mixed hog and cattle trading in Chicago Omaha and St Paul. Hog sales softened with heavy weights near 12.60 to 12.75 per cwt cattle strength held at 10.25 to 15.10 for steers and yearlings while fat lambs and sheep showed volatility with declines in early bids before steadying later in the day.
MENTIONED IN THIS ARTICLE
Minneapolis
The
Associated Press
Chicagoo
Associated’ Press
Chicago
Hoxs
Omaha
Associated Pr
ST. Paul
South ST. Paul
Minn
Livestock Markets Report From West Coast and Midwest
Cattle and sheep receipts across Spokane Portland Los Angeles Sioux City show varied demand with steady or modest gains. Shippers receive hogs and cattle at several price points including feeders at 6.25 to 8.50 per hundredweight and lambs 13.50 to 14.50, while stockers and feeders hold steady and some calves sell down.
MENTIONED IN THIS ARTICLE
Portland
Los Angeles
Associated Press
Sioux City
Associated Pre
Iowa
University charges vivid protest at labor convention
Edward Ro Wright, president, challenged Illinois officials to deny subsidized vice at the state labor convention. He urged harsher action against universities and recounted a fraternity house scene with a canvas shield and a drunken orgy, prompting calls for spokesmen to defend the university. Zagres and Vagoray discussed a large state broadcasting station.
MENTIONED IN THIS ARTICLE
University of Ilinois
State Federation of Labor
Edward Ro Wright
Herald
Right
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