Grain Market Roars Higher As Wheat Price Surges
Chicago wheat prices jumped 3 12 cents a bushel amid forecast tighter US and Canadian crops and a longer war. European conflict expectations and weak metal shares weighed on markets as the three wheat options closed at record levels and investors eyed dividends from Utah Copper Bay Consolidated and China.
MENTIONED IN THIS ARTICLE
Chicago
United States
Paris
Financial notes from market and corporate reports
Tennessee Copper directors set Sept 11 for dividend action. General Motors preferred at 81, common at 66 on the Detroit exchange. London circular delays Aug 12 settlements due to moratorium. Missouri Kansas Texas July gross 2,693,820. net 630,101. Massachusetts Electric reports August loss of 27,000. Bank of England rate unchanged at 5. Watertown loan of 75,000 at 5.95 discount. Foreclosure suit by Inter national Steam Pump mortgage trustees. Susquehanna Western July gross 289,632. net 62,778. Investment houses urge two more weeks of post close market abstinence for bonds. Erie July net 5,419,581. net 1,257,938. Kerr Lake 4.50. La Rose 0.80. Paris Bourse closed. curb market closed. Railroads July net per mile 393 for 66 roads. Eastern 634. Southern 181. Western 355. San Francisco stock rules cap Pacific Gas preferred at 70. last week 79 on preferred. Southern Nevada mining buoyant. Tonopah and Goldfield buying orders. Shannon Copper August output 960,000 pounds.
MENTIONED IN THIS ARTICLE
San Francisco Stock and Bond Exchange
Pacific Gas
Southern Nevada
Tonopah
Goldfield
Grain Markets Report from Chicago and Outside Markets
The Sept grain update shows Chicago Wheat prices with open high low close figures across Sept and Dec, along with May futures. Corn and oats also list bid offers for Sept Dec and May across domestic and cash markets. Outside markets copy New York Minneapolis Duluth St Louis Kansas City Toledo Detroit quotes with open and close levels for each region.
MENTIONED IN THIS ARTICLE
Chicago
Aes
Asc Kee
Wes
Ees Er
New York
Minneapolis
Duluth
Stesaee cd
St. Lotte
Coswecs
Kansas City
Toledo
Detroit
Copper prices and steel stocks move as August outputs cited
August production figures show declines in sheet copper demand due to slower building, while Reading's anthracite tonnage and six month output are reported. Copper base price cut and stock movements feature American Woolen preferred, Butte & Superior, and a Balakala mine shutdown affecting development. Northern States Power reports higher yearly gross and net earnings, and various financial notes cover foreign exchange, dividends, and corporate dividends.
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