Wheat values in Chicago dip on Liverpool downturns and crop report doubts
Chicago wheat prices fell early on May 5 influenced by unexpected Liverpool downturns and market uncertainty ahead of the U S crop report due Friday. Officials noted a 28 percent larger May 1 stock versus a year earlier. May and July quotes slipped, while corn rose on potential delays in May delivery contracts. Oats held steady with minor changes.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
United States
Stock market gains after early dip on rising commodities
New York May 6 AP stock prices resume upward move led by rail and oil shares. Gulf, Mobile and Northern Woolworth Consolidated Gas reach year peaks while Maxwell Motors nears high. Market broadens in afternoon with many issues advancing. total volume around 1.5 million shares. Hog and livestock prices mixed amid steady to higher bids. commodities firming and exchange rates up.
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New York
Gulf, Mobile and Northern
Woolworth and
Consolidated Gas
Maxwell Motors
Hradio Corporation
Wetforest Radio Company
Mack Truck
Dodge Brothers
Utah Securities
American Hrake
Montana Power
Butte
Superior
Chem
Ceeeeeprem
Car & Fay
Joe En Lam
Atchison
Atl Coast Reid Ee
Ik Deeptees
Bethlehem
California
Cerro de Pasco
Chandler Motor
Chesapeake & Oh
Northwestern
Mit
St. P
Chile
Lionel
Coca Cola
Colorado
Ee ‘Congoleum
Ecu Ae Consolidated Gas - Ae Cotm Products
Cccc
Crucible Steel
Davison Chem
du Pont de Nema al Erle
Fa Ae
Likadibhanbragd
General Asphalt
General Electric
General Motors
Gulf States Steel Houston O21
Hudson Motors
Illinois Central
Int
Harvester
Kelly Springfield
Kennecott
Lehigh Valley
Louieville Am Nash
Marland Oil
Seaboard Oli Mo
Kan
Sinclair Con. Saeallesiatedl Sloss-Sheff. Steel
Southern Pacific
Southern Ry
Standard Oil
Cal
Bate Ae Standard Oil
N. J
Stewart Weiser
Iaitatkeniamaniag Om
Market Metals Brief Says Silver and Dollar Rates
New York on May 5 reports bar silver at 67 percent and Mexican dollars at 52 percent. London on May 56 notes bar silver at 31 and a half dollars per ounce.
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New York
London
Bond Quotes Update From New York May 5
Liberty bonds closed with 3s at 100.31 and 4s mixed results across series. First and second 4s show blanks. first 8/ later 4% issues trade around 102.4 to 101.8 with other series near 101.29 to 102.8 as U.S. government bonds move.
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New York
Liberty
U. S
Sterling Above the Gold Point Pushes Above Parity
New York AP reports demand for sterling rising to 4.85 1/4, the highest in ten years and only 13 8 below gold parity. The rise reduces the risk of Britain shipping gold to the United States as the pound stays above the gold point. Norwegian and Danish kroner hit new peaks, and the Canadian dollar shows a 1 3/2 percent premium. The close marks the pound at 4.865% official.
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New York
May & (Ap
Great Britain
Chicago Hog and Cattle Markets Report Amid Strong Receipts
Livestock buyers active in Chicago with hog receipts at 21 000 and cattle 11 000. Hog prices mostly steady across weights with top around 11 45, packing hogs 10 20 to 10 50, light hogs 10 50 to 11 40, slaughter pigs 10 00 to 11 00. Cattle show gains on red steers and yearlings, top yearlings 11 50, heavy steers 9 00 to 10 50. veal calves steady around 8 00 to 9 00. Sheep receipts 17 000 as fat lambs steady to strong, California clipper weights around 70 pounds, wethers around 9 50.
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Chicago
California
Omaha Market Report Shows Mixed Receipts andPrices
Hog receipts 9,500. cattle 6,700. sheep 9,500 with steady to higher bids. Desirable hogs 189 pounds and up at 10.80 to 10.95. cattle steady to strong with bulk butcher cows 6.75 to 7.75. heavy beef bulls 5.25 to 6.60. lambs 16.35 for about 70 pounds with best ewes up to 7.50. New York stocks column follows with various price quotes for major industrials and utilities.
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Omaha
California
Kansas City Market Cattle Receipts Report
Cattle receipts for Kansas City May 5 show calves about 500 head and fed cattle moderately active. Better yearlings gain with top prices around 11.00 for yearlings, medium weight steers around 10.50, heavies near 10.00, bulk feeders 8.50 to 10.00, Texas steers quarantined at 7.50 to 7.75. Slaughter cows and calves steady to higher, stockers and feeders advancing, bulls steady to higher.
MENTIONED IN THIS ARTICLE
Kansas City
Texas
Market Reports from Ogden on May Receipts and Prices
Ogden reports cattle receipts totaling 224 with 143 for market and 81 for Salt Lake packers. Beef steers rise unevenly, Colorado steers average 995 pounds at 9.25 with some at 9.25 reflecting the year’s high local price. Sheep receipts total 873 all California with no sales and lambs crossing to Chicago market. feeder pigs bring 9.56 to 11.00.
MENTIONED IN THIS ARTICLE
Ogden
Salt Lake
Colorado
California
Chicago
Market Report From St Joseph Stockyards May 56
Hog receipts 6,000 steady to 5e lower. top 11.10, bulk 10.80 to 11.00. Cattle receipts 2,000 steady. steers 9.00 to 10.25, top 10.50. cows and heifers 3.50 to 10.50. calves 4.00 to 8.00. stockers and feeders 5.50 to 8.50. Sheep receipts 5,000 steady to strong. lambs 14.60 to 15.35, ewes 7.50 to 9.50.
MENTIONED IN THIS ARTICLE
ST. Joseph
Potatoes Trade Update From Chicago Market
Potatoes receipts old 46 new 46 cars total U S shipments 458 trading moderate market steady Misconsin sacked round whites 75 95 bulk 80 95 Minnesota sacked round whites 75 85 sacked russets 1.15 1.35 new stock demand and trading good market stronger Florida barrel Sprading Rose No 1 5.50 Louisiana sacked Bliss trimuhps No 1 3.25 3.50 Alabama sacked Bliss triumphs 3.80
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Chicago
U. S
Minnesota
Florida
Louisiana
Bliss
Alabama
Raw sugar market shows heavier offerings and price dip
New York May 5. Early trading in raw sugar shows no price change but stronger spot offerings around 4.27 for prompt shipment. Sales totaled 31 000 Cuban bags and 18 000 Porto Rican for May at 4.27 and 18 000 Porto Rican for June at 4.30, prompting renewed futures selling and season low grounds with 3 to 6 point midday declines. Refined sugar unsettled though fixed at 5.60 to 5.70 and refiners accepting orders at 5.60. refined futures were normal.
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New York
Call money rates and loan terms in New York market May 5
New York data shows call money at 3 percent across the board with a closing bid of 8 percent and offers at 3 percent. Last loan also 3 percent. Call loans against acceptances run 34 times. loans with mixed collateral steady. 60 to 90 days at 3 percent, 4 to 6 months at 3 percent. Prime commercial paper at 2 percent.
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New York
New York Forecasts Record U S Export Increase
National City Bank of New York estimates foreign commerce will top eight and a half billion dollars for the fiscal year ending July 30, surpassing 1924 by more than one and a half billion and more than two billion above 1922. Excess of exports over imports will exceed a billion dollars, the largest since before World War I.
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New York
National City Bank of New York
United States
Sentence upheld by Supreme Court in bribery case
Washington May 5 AP Morris renessee sentenced to 20 years for attempting to bribe.
MENTIONED IN THIS ARTICLE
Supreme Court
Washington
Morris Renessee
Metals Market Roundup May 5 Copper Steady
Copper steady in spot and futures at 13% with tin firm and near term at 54.62. Iron and lead hold unchanged and zinc steady in East Saint Louis markets with spot 7.75 to 7.85 and futures 6.90 to 6.96. Antimony quoted at 13.50 to 14.00.
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New York
East St. Louis
Sugar company sued for 1.63 million in Panama land dispute
J E Madding of Little Rock on behalf of minority stockholders files federal suit in Salt Lake City seeking 1,630,000 in remuneration for land alleged to have been unlawfully transferred to Panama Sugar company through majority stock acquisition. Pan-America Sugar is a Utah concern.
MENTIONED IN THIS ARTICLE
Salt Lake City
Panama Sugar Company
J. E. Madding
Little Rock
Ark
Pan-American Fruit and Sugar Company
Republic of Panama
Pan-America Sugar Company
Utah
Negri Hearing on Jewelry Allegation Delayed
New York May 5 AP Pola Negri’s customs hearing over undeclared jewelry valued at 15 600 was postponed as she failed to appear at the customs house. Officials said outcome hinged on her status as a foreign subject. Sixteen bottles of alleged liquor were confiscated from her trunks on the Berengaria after arrival.
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New York
Pola Negri
Customs House
Miss Negri
Guernsey Dam Contract Awarded in Reclamation Plan
Washington news reports a contract for the Guernsey dam on the North Platte reclamation project in Nebraska and Wyoming awarded to Utah Construction Company of Ogden for 1,286,121 dollars. An appropriation of 800,000 dollars was authorized by Congress for the next fiscal year to begin construction.
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Washington
Guernsey
North Platte
Nebraska
Wyoming
Utah Construction Company of
Ogden
Congress
Supreme Court Denies Plea in Prohibition Agent Case
The Supreme Court refused to intervene in the protest of a prohibition agent who argued the eight sentence was excessive and that a single offense led to a conviction on 21 different counts. The court's action leaves the plea unresolved at the highest level.
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Supreme Court
Dominican leader Tamayo named to head Filipino order
Manila May 6 AP The Very Reverend Tamayo superior of the Dominican Order in the Philippines has been named to succeed the late Most Reverend Luis Thejaslings, master general of the Dominicans, who died at Reine last week. Dr Tamayo will sail for Rome within a few days.
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Tavwvavyo Herads Order
Manila
Tamayo
Dominican Order
Philippines
Luis Thejaslings
Domincans
Reine
Rome
Badoglio Prepares Oath as Army General Staff Head
General Pietro Badoglio, awaiting oath on Thursday, pledges renewed ardor to efforts to make the Italian army worthy. Rome dispatch reports he will head the general staff and dedicate himself to strengthening forces.
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Rome
Pietro Badoglio
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