Stock Prices Break at Open on Wall Street News
Stock prices drifted for most of the session before a late selloff pushed major averages to new yearly lows. United States Steel led declines while American Can and General Electric posted notable losses. Rails and industrials weakened with several prominent issues breaking support. foreign exchange softened with sterling at 4.77% and francs around 5.26.
MENTIONED IN THIS ARTICLE
New York
Mar
Indus
United States Steel Common
Baldwin
American Smelting
Anaconda Copper
American International] “Corporation
Central Leather
Tidewater Oil
Pittsburg Coal
Philadelphia
Reading Coal and Iron
Colorado Fuel
Western Electric
Union Bag and Paper
American Can
Allis-Chalmers
General Electric
International Business Machines
National Lead
West
Omaha Livestock Prices and Receipts Report
Livestock market update from Omaha and Chicago on March 28 shows hogs receipts around 9,900 head in Omaha with steady to slightly lower bids, top hog price about 13.10, average cost around 12.83. cattle receipts 200 with varied demand across grades, veal weak, stockers and feeders active. sheep receipts 250 with lambs uneven and prices largely mixed. Chicago hogs receipts 2,008 with steady to higher tone, top price near 18.60, lightweights and midweights showing gains, mixed heavy weights and sow bids.
MENTIONED IN THIS ARTICLE
Chicago
Markets At A Glance Stocks Slide And Cattle Steady
U S Steel hits a new 1925 low around 115 with mixed bond moves. Foreign exchange shows a soft French franc. Cotton and wheat ease while sugar holds steady. Hogs rise and cattle stay mostly steady with receipts about 500 head and lambs about 11,000. Week figures touch 24,000 direct lambs with weight trends mixed across classes.
MENTIONED IN THIS ARTICLE
United States Steel
Texas
Portand Livestock Prices Reported for Week Ending
Portland market notes cattle steady to 25 cents higher with beef steers 7.00 to 9.00, cows and heifers 5.50 to 7.25, cutters 2.50 to 5.00, bulls 3.50 to 6.50, calves 5.00 to 11.00, top 12.00. Hogs steady to 25 cents higher with butcher hogs 14.25 to 14.75, heavies and underweights down, packing sows 11.50 to 12.25, sows 12.75 to 13.00, feeders 10.50 to 11.00, some 11.50. Sheep nominally steady with wooled lambs 15.25 to 15.50 and spring lambs 16.0 to 18.90. aged stock absent.
MENTIONED IN THIS ARTICLE
Portland
Mar
Kansas City Livestock Prices and Receipts Report
Cattle receipts 126 calves 26 with prices mixed for the week. Heavies steady to weak, top heavies 11.00, handyweights 11.50, stockers and feeders 6.00 to 8.25, beef steers 8.50 to 10.50, butchers 4.78 to 6.75, stock cows steady, calves 25 to 50c lower. Hogs receipts 100 steady, packer top 13.10, bulk 12.70 to 13.10, 190 300 lb average 12.80 to 18.10. Sheep none. week’s lambs 25 40c lower, shorn 50 75c off, top to shippers 16.50, ewes 10.00, wethers 8.25 9.00.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Kansas City
Mar
Hogs Cattle and Calves Prices Steady in San Francisco Market
San Francisco reports weekly hog receipts around 4000 with offerings down 25 cents and slow fresh pork trade. Cattle weekly receipts near 2900 with demand active and higher by up to 50 cents. Nevada Utah Idaho and Oregon cattle on contract with varied weights and prices. calves about 300 with firm to higher bids, including 200 pound calves bid at 10.50 to 11.00.
MENTIONED IN THIS ARTICLE
San Francisco
Mar
Nevada-California
Heavy Export Wheat Buying Relieves Market Pressure
Chicago reports showers easing drought fears in Texas Oklahoma and Nebraska while heavy export purchases of wheat and rye counterbalance earlier gains. May wheat ends unsettled down 1 8 to 1 2c. July 1 41 to 1 41c. corn rises 7 8 to 14c. oats up 3 8 to 1c. Exported wheat up to 1.5 million bushels. rye similar.
MENTIONED IN THIS ARTICLE
Chicago
Texas
Oklahoma
Nebraska
Liverpool
Ocean Passage
United States
Minneapolis
Market Report Loses Steady Lamb and Sheep Prices
Calf and sheep markets show mixed signals as medium calves bring 9.50 to 10.00 while medium calves sell near 3.50 per pound. Sheep receipts reach 9,300 with spring lambs weak to 60 cents lower and good to choice lambs quoted 15.00 to 16.50. Full wool ewes down 50 cents. fed good at 39.50. shorn stock 8.09 to 8.50 with one car dressed lambs reported east this week.
MENTIONED IN THIS ARTICLE
California Rangers
Cattle and Hog Receipts Moderate in Week's Los Angeles Market
Week's cattle receipts were moderate with steers rising to 15 to 2 ic higher and best grades firm. Cows topped at 7.25 with fat stock near 5.50 to 6.75, bulls up to 5.10, calves steady to 50 cents lower, and hogs trending mixed with top near 15.65 and midrange 14.00 to 15.25 for 150 to 200 pound butchers. Sheep and lambs showed slight softness with muttons steady and springers around 15.00 to 15.50.
MENTIONED IN THIS ARTICLE
Los Angeles
U U. S. Dept. of Agriculture
Exchange Rates Across Markets Report Sharp Movements
Foreign exchange quotations show easy trading in New York with multiple currencies listed. British demand stands at 4.77316, France at 5.26, Germany around 23.80, and others including Belgium 6.12, Italy 4.08, Spain 14.27, Tokyo and Shanghai at 74 and 99 respectively.
MENTIONED IN THIS ARTICLE
New York
Mar
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czecho-Slovakia
Jugoslavia
Austria
Rumania
Argentina
Brazil
Tokio Sun
Shanghai
Montreal
Curb Oil Quotations Reported
Curb oil quotations from New York close with Prairie Pipeline at 118, Standard of Indiana 60 percent, Standard of New York 417 and 8, Continental blank, New Bradford 53 and 8, Salt Creek blank.
MENTIONED IN THIS ARTICLE
New York
Prairie Pipeline
Standard of Indiana
Standard of
Continental
New Bradford
Salt Creek
Severe price declines hit wheat and corn in weekly grain report
Chicago AP notes sharp drops in wheat and corn prices this week as government inquiry fears and potential federal controls weigh on markets. Wheat fell about 1 to 1.5 percent while corn slid 7 to 8 cents with provisions also down. declines attributed to rising visible supply, light recent receipts, and a Kansas City to Chicago movement.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
Weer's Review Stock Prices Drop on Market Pressure
New York March 28 AP reports a drastic weekly stock price drop pulling railroad and industrial averages to new yearly lows. Northwestern rails fell below last November’s levels as roughly half the gains since election day vanished in three weeks. Factors include weak spring trade, St Paul receivership, and falling commodity prices, especially grain, with over a billion dollars in market value erased. Poor February earnings by Union Pacific and other western lines spurred further liquidation despite US and Bethlehem Steel reports.
MENTIONED IN THIS ARTICLE
New York
Northwestern
St. Paul
Union Pacific
United States
Bethlehem Steel
Little House Around the Corner Meeting Time
The note sets a meeting at the Little House Around the Corner at 10 a.m. and references a person or code E999. The fragment implies a casual in-person rendezvous without further context or actions.
Potatoes Market Reports Mixed Prices and Dull Trade
Chicago March 28 potato trading was dull with only six cars receipts. Wisconsin sacked round whites sold around 6 per cwt with fancy at 110 and Minnesota Red River and Idaho sacked russets from 1.00 to 2.40 per cwt, reflecting varied demand.
MENTIONED IN THIS ARTICLE
Chicago
Wisconsin
Nesota
Red River Ohics
Monty
Idaho
Russets
Sugar Market Reports Quiet with Steady Futures
New York raw sugar held at 4.68 spot duty paid with no sales. Futures were steady as trades covered, with May at 2.97, July 3.12, September 3.27, December 38.35. Refined sugar remained quiet at 5.79 to 6.00 and refined futures were nominal. Bar silver 67% and Mexican dollars 51% also noted.
MENTIONED IN THIS ARTICLE
New York
May
Democratic committee and Vanpatten sue in Supreme Court
The Democratic National Committee which ran John W. Davis’s campaign last year and Vanpatten Inc an advertising agency filed suits and counter suits in Supreme Court.
MENTIONED IN THIS ARTICLE
New York
Democratic National Committee
John W. Davis
Vanpatten, Inc
Supreme Court
Meeting at the Little House Around the Corner
A note invites attendees to meet at the Little House Around the Corner on Friday at 10 a.m. The message is signed by Al and specifies a casual gathering time.
Wool Market Slows Amid Mixed Commodity Updates
Regional market notes show little change in the oat market with a modest uptick in certain wool goods. Reports from Duluth, St. Louis and Omaha cover March closings on wheat corn oats and wool items, outlining bid prices and grade specifics for the day.
Actual condition of clearing banks weekly report
New York March 28 The actual condition of clearing house banks and trust companies shows an excess of 23 591 030 dollars. This marks a reserve increase of 45 410 500 dollars from last week when there was a deficit of 21 819 470 dollars.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
Financial and Markets
California
Pocatello
Huntington
Boise
J.C. Hansen
Ead
Chem
Canadian Pacific
Cent Soath
Pfd
Cerro de Paseo
Chandler Motor
Chesapeake & Ohio
Hic
Northwestern FP
Chic. Mil. & St
Chic. R. 1 & Pac Chile
Colorado
Congoleum Consolidated Gas
Crucible Steel Oesee
Cuba
Odeseresesee
Davison Chemae
du Pont de Nem
Erie
Famous ‘Players
General Asphalt
Motors
General Great Northern
Gulf States Steel
Houston Oil
Hudson Motors
Illinois “Central
Int. Harvester
Invincible Wl Kelly- Springfield
Kennecott Copper
Lehigh Valley
Louisville & Nash
Diack
Mari
Max. Motors
I Mex
Seaboard Oil
Kan
Tex
Missouri Pac
Ofd
Montgomery Veer Nat. Biscuit
New York Central
N. H
Hud
Norfolk & Western
North
Utah
Westin House Elec
Willys
Woolworth
Weer
Lara
Weeny
Boston
Duluth
Minn
St. Louis
Citizens Bank and Trust Co
Citizens Bank
First National Bank
THE
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