Market Turmoil Surges as U S Steel Leads Slump Then Rebound
The New York stock market opened with heavy selling in U S Steel and related rail stocks after Canada reciprocity defeat. U S Steel common fell to 54% then rebounded to 67% before midday, with wide losses across Northern Pacific Erie and others. Banks stepped in to steady trading as U S Steel again rose to 57% and Union Pacific climbed to 160, while overall activity slowed in the afternoon.
MENTIONED IN THIS ARTICLE
Associated Press
New York
U. S. Steel
Oath
Great Northern
Northern Pacific
Erie First
Canadian Pacific
Lehigh Valley
Arch
Union Pacific
Southern Pacific
St. Paul
Missouri Pacific
Reading
Northwestern
General Electric
Stock Exchange
Yes
U. &. Steel
U. S. Steel Common
Hill
Washington
Department of Tomee
Bears
Hill Group
U.S. Steel
Amal Ted
Rosa
Gama Upper
Amer
Car and Foundry
Anaconda Mining Co
Atchison
Atlantic Coast Line
Baltimore and Ohio
Brooklyn Rapid Transit
Chesapeake and Ohio
Ce and
N. Wee
EO Preg
Ccd
Enet Enewed
Minois Central
Interborough-Met
terborough-Met
terborough-Met Pfd
Pennsylvania
Peoples
Seitoan Palace
BO VA
Cena BB
Shea Way Rey
Peewee Eee
Company
Wheat buying rush lifts prices on Chicago grain market
A broad buying surge drove wheat higher as no Canadian supply compelled American holders to seek elevated figures. December touched 97% cents, with a late day close up 2 3 cents. Oats rose similarly while corn gained modestly and pork and rib futures slipped.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Wheat and Corn Receipts at Chicago Market Report
Receipts today totaled 35 carloads of wheat with 12 under contract and 198 carloads of corn with 79 under contract. Oats reached 118 cars. Total wheat arrivals at Chicago Minneapolis and Duluth were 701 cars, up from 557 last week and 682 a year ago.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Minneapolis
Duluth
Wheat and corn price quotes from Chicago market
Quotations today list Cash wheat figures for various grades with values around 94 to 97 cents and a dollar range for different spring and durum grades. Corn prices for No. 2 white and yellow stand around 68 to 69 cents with No. 3 white at 46 to 47 cents.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Hogs Retain Firm Seat On Toboggan
Fort Worth Texas September 22 cattle receipts 3100 steers 350 to 460 stockers and feeders 350 to 425 cows 360 to 860 bulls 260 to 325 calves 475 to 650 hogs receipts 1700 market 10 cents lower top 7.20 bulk 6.25 to 6.20 no sheep
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
Chicago Market Receipts and Prices for Cattle Hogs and Sheep
Chicago market report shows cattle receipts about 2500 with steady values including Reeves at 4.80 to 8.00 and cows 2.25 to 6.20. Hog receipts about 15000 with steady values from 6.40 to 7.20 and pigs 4.25 to 6.60. Sheep receipts around 15000 with steady values from 2.50 to 6.00 and yearlings 3.80 to 4.75.
Receipts and Cattle Market Report From St Louis
Receipts 1300 cattle including 800 Texans. Native steers 4.50 to 7.00. Cows and heifers 3.00 to 7.60. Stockers and feeders 3.00 to 5.58. Texas and Oklahoma steers 4.00 to 7.00. Calves 4.00 to 6.00. Pigs and lights 4.50 to 7.05. Sheep and lambs: muttons 3.50 to 4.75. Lambs 4.00 to 6.40. Market steady to strong. receipts 7500 total.
MENTIONED IN THIS ARTICLE
Associated Press
ST. Louis
Texas
Oklahoma
Mae
Market Receipts And Prices From SAS City Cattle Sale
Cattle receipts 2500 with steady market. Native steers 5.25 to 8.00, southern 4.00 to 5.50, southern cows 2.75 to 4.50, native cows 2.60 to 7.06, stockers 3.40 to 6.00, calves 5.00 to 8.00, westerns 4.75 to 7.25. Hogs 600 with steady to five higher. Polk sales 6.55 to 6.80, heavies 6.60 to 6.85. Sheep receipts 12 with muttons around 3.00 to 4.00 and range wool weights 3.25 to 4.85.
MENTIONED IN THIS ARTICLE
Associated Press
Sas City
Polk
Wheat and corn futures rise at St Louis market
Quotations show wheat firm with No. 3 Son red at 97 cents and No. hard 98. Corn gains push No. 2 track 68 and No. 2 white 70 cents. Oats advance with No. 2 track 46 and No. 2 white 47. Close notices list December wheat at 98 cents, May 1.03, December corn 63 and May 65, oats December 47.
MENTIONED IN THIS ARTICLE
Associated Press
ST. Louis
Sean
Wheat and corn futures quotes from Kansas City market
Quotations today show cash wheat at 3 5/8 to 5 3/4 cents net, No. 2 hard at 96 to 1.03 dollars, No. 2 red at 95 to 96 cents. Corn higher with No. 2 mixed and No. 2 white around 66 1/2 cents. Oats up with No. 2 white at 46 1/2 to 47 cents. December wheat 98 1/2 cents, May 1.02 dollars. December corn 61 1/2 cents, May 64 1/2 cents.
MENTIONED IN THIS ARTICLE
Associated Press
Kansas City
Mercantile and financial rounds in New York markets
On September 22 in New York the close price for prime mercantile paper stood at 4 percent. Sterling exchange held firm with bankers bills bid at 4.83 and 4.86 for demand. Commercial bills quoted at 4.82. Bar silver at 52½ cents and Mexican dollars at 45 cents. Government bonds were steady while railroad bonds weakened.
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THE
Associated Press
New York
Sterling Exchange
Cattle Market Turmoil at Union Stock Yards
At Union Stock Yards on September 22 the cattle market shifted to weak demand with light supply. Top cows brought 3.26 to 3.60, veal stock and calves sold near nothing, and calves averaged around 4 dollars for top notes. Hogs were few, 28 head, selling around the weekly average with best bids near 6.50.
MENTIONED IN THIS ARTICLE
Union Stock Yards
Hog market slump shocks Texas stockmen amid price drops
Local stockmen report puzzling hog market behavior as Texas hog production drops. Packers slash prices from eight to six cents while experts cite heat and light pork demand, noting no solid reason for demoralization. Also covered are Kerrville breeder Charles Schreiner purchasing registered Delaine rams and San Antonio stockyard dipping facilities approved by federal and state authorities.
MENTIONED IN THIS ARTICLE
Texas
John Saunders
Saunders Commission Co
Charles Schreiner
Kerrville
San Antonio
R. 8. Campbell
Ohio
Mr. Schreiner
Cotton Opens Easier in New York on Dampened Weather and Offerings
The cotton market opened 7 to 10 points lower in New York as cables and weather maps disappointed and reports of heavy regional spot offerings emerged. October and December contracts dropped to new lows around 10.61 and 10.66, then rallied 7 to 8 points on covering and buying, with midmorning activity uneven but demand seen around 10.70 for December. Private Georgia reports cited enormous spot offerings and limited demand, while interiors showed less active selling. Spot market quiet with middling uplands at 11.15.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Georgia
New Orleans Cotton Opens Barely Steady After Heavy Selling
New Orleans cotton futures opened barely steady trading down 13 to 15 points as heavy selling dominated early, with short accounts leading the pressure. Weather maps showed generally favorable conditions though showers were reported in parts of the cotton belt. Prices slipped to about 20 points under yesterday at noon amid ongoing short selling and weak demand.
MENTIONED IN THIS ARTICLE
Associated Press
New Orleans
Shorts
New Orleans Open Futures Trading Steady Across Contracts
New Orleans markets opened barely steady with futures quoted across several months. January 10.74, March 10.87, May 10.99, September 10.80, October 10.70, December 10.71.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Pen. H. Low
THE
New Orleans
Sept
Liverpool cotton prices and futures move in dull session
Close cotton spot dull with prices 5.7 points lower in Liverpool. American middling fair at 7.26 and ordinary 6.1. Daily sales 5000 bales, 400 for speculation and export, 7300 American bales received 8000 total receipts. Futures opened steady and closed weak with varied spread quotes across months.
MENTIONED IN THIS ARTICLE
Associated Press
Liverpool
Cottonseed oil quotes and August cattle receipts
Prime basis oil 5.06 to 5.07 in Memphis with linters 2% to 3.5. New York cottonseed oil rates show Sept at 5.80 and Dec around 5.72 to 5.78. August livestock receipts across six northern markets fall by over 160000 head, signaling a potential cattle shortage. Mr and Mrs G O Newman and Mr and Mrs W A Jones from Corpus Christi arrived to spend part of next week shopping in San Antonio.
MENTIONED IN THIS ARTICLE
THE
Associated Press
Memphis
Tenn
Linters
New York
G. O. Newman
W. A. Jones
Corpus Christi
San Antonio
Immune stock pens billed as best in the country
Nat Parks of the Galveston Harrisburg and San Antonio railroad and Dr Amos Graves Sr. inspect Union Stock Yards immune pens set to ship cattle next Tuesday. The pens will hold sixty five cars and let shippers move cattle to preferred markets, avoiding forced sales at infected markets.
MENTIONED IN THIS ARTICLE
Union Stock Yards
Nat Parks
Galveston, Harrisburg and
San Antonio
Amos Graves Sr
St. Louis
Chicago
Kansas City
Fort Worth
Cotton Statistics In Sight for Week
A brief note reports cotton figures with figures 426 and 962 thousand, indicating activity for the week. The text mentions overland data and totals 927 thousand to 962 thousand in the period.
Market Report Supplies Wool Hides Leather Steady
New York funds record a quiet Wool hides and leather market with lasses firm and R 7 firm. Domestic sugar ranges from 2% to 5% on patna 6e while Muscovado and centrifugal sugars hold around 89 test 5.42 and 96 test 5.92 cents per pound. Refined sugar remains strong with sales at 20 000 units.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Patna
Rice Exchange Steady Prices Ahead of Trading Day
Rough grades held steady with clean grades unchanged on the rice exchange floor. Transactions were normal as quotes showed rough Honduras and Japan bids and receipts listed for rough, millers, and clean Honduras, with sales figures and prices noted for both rough and clean categories.
MENTIONED IN THIS ARTICLE
Associated Press
New Orleans
Honduras
Japan
Clean
Money on Call Rates Hold Steady in New York Trading
In New York on September 22 money on call remained steady at 2 2 percent with the ruling rate at 2 percent and closing bids at 2 percent and offers at 2 percent. Time loans also held firm with sixty day loans at 34 percent, ninety days at 4 percent, and six months at 4 percent.
MENTIONED IN THIS ARTICLE
THE
Associated Press
New York
Spot Cotton Prices and Receipts in New Orleans
New Orleans on September 22 reports spot cotton easy 1 8 lower with sales 325 to arrive 2500. Grades range from low ordinary to strict middling with prices from 7 9 16 to 21 1 4. Receipts total 1,931 and stock levels are listed.
MENTIONED IN THIS ARTICLE
Associated Press
New Orleans
Cotton closes quiet with minor drop in New York
Spot cotton in New York on September 22 closed quietly 15 points lower with Middling uplands at 11.00 cents and do gulf at 11.25. No sales reported.
MENTIONED IN THIS ARTICLE
Newark
New Orleans
Houston
Galveston
THE
Associated Press
New York
Spot cotton steady middling price in Houston
Houston market report notes spot cotton at steady middling price with prices and transactions for the day. No additional details provided in the fragmented text.
Memphis Cotton Prices Hold Steady Amid Markets
In Memphis on September 22, spot cotton remained unchanged as middling grades stood at 1130, with ten steady. The market shows tentative stability with no price shifts reported for the day.
MENTIONED IN THIS ARTICLE
THE
Associated Press
Memphis
Tenn
Coffee market soars as New York leads price surge
Record highs in roasted coffee push quotes up across the market with Rio No 1 and Santos No 4 reflecting gains. Sugar and rice rise, while cotton futures dip. forecasts point to higher living costs despite some staples showing tightening supplies and strong canning demand.
Butter and Cheese Prices From Local Creamery Market
Price to shipperless commission. Price to retailer. Butter firm. Creamery per pound 26a country butter 16 17c. Eyes slow. Fresh country candied storage 16 17c. Cheese firm. Fancy cream 1240 fancy brick 20c American Swiss 24c imported Swiss 3lc Limburger 20c Badger State 17c. Poultry steady. Large choice house dozen 6.50, medium hens per dozen 5.50, large springs per dozen 4.50, medium springs 3.25, small springs per dozen 2.75, guineas per dozen 3.25, ducks per dozen 6.00, turkeys per pound 14 16e.
MENTIONED IN THIS ARTICLE
Badger State
Chicago Produce Prices and Supplies Mixed Across Commodities
Butter steady with creameries quoted 21 26c. other dairy items show slight movement. Cheese various cuts steady with daisies and twins around 14 to 18c. Potatoes and poultry show easy markets. turkeys around 14c, springs 12 14c. Veal steady across weight classes from 5c to 60 pounds up to 110 pounds.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Fanigan
Wisconsin
Maine
Springs
Local Market Prices for Dairy and Eggs
Butter and creamery priced at 25 cents. Eggs listed with extras 22 percent, firsts 18 percent, and seconds 12 percent. Packing stock items noted as in stock.
MENTIONED IN THIS ARTICLE
Associated Press
Kansas City
Egg Prices Reported Amid Mixed Market in New York
NEW YORK September reports show egg prices with varied levels. Fresh gathered extras bring 26 to 27 cents, extra firsts 25 cents, firsts 20 to 22 cents, penente 18 cents, thirds 16 to 17 cents. Storage charges are noted as paid, with prices for sale seconds at 18 to 19 cents.
MENTIONED IN THIS ARTICLE
New York
New York Dey Goods Market Quiet Amid Stalled Markets
The New York cotton goods markets remain quiet due to unsettled conditions in related markets. Jobbers and retailers report trade improved since last month while yarns hold fairly steady and men’s coatings move in the cutting trade.
MENTIONED IN THIS ARTICLE
New York
Coffee futures close steady with gains and firm spot
The New York market closed steady with futures up 19 points on light demand. Sales reached 250 bags while the spot market remained firm with Rio No 7 and Santos offerings cited and mild quiet trading noted.
MENTIONED IN THIS ARTICLE
New York
Rio No. 7
Santos
Also Mentioned on This Page
U. S
OTOGE
U.S. Department of Agriculture, Weather
Bureau
Willis L. Moore
Vicinity
East Texas
San Antonio. Tex
Chicago Grain Market
Chicago Grain Movement
ICAGO
Theo Artzt
Xansas City
ST. Louis Grain
Kansas City Grain
G. Gargia
Laredo
Southern
Rio Grande
United States
R. J. Willman
Seguin
Maverick
NEW York Futures
Price
M. Samson, Tarrant Co
Murphy and Kay
Vanderbilt
Ener
San Saba
John Ken
Strawn
Freeland Ee Co
Godley
Parks
Cotton Statistics
Mobile
Ala
Savannah
Charleston
Wilmington
Norfolk
Baltimore
Brunswick
Britain
France
Continent
Great Britain
Shimen
Augusta
Perry
NEW York Money
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Indica
Maryland
DEY Goods
N. Flores Street