Prices rise on gold shipments to Germany and stock market gains
Special to The Washington Post reports a volatile session with broad up moves and late strength led by Union Pacific and other majors, amid large gold shipments to Europe. Exports for April show a net trade gain despite lower import volumes, signaling ongoing international money movement and mixed domestic demand.
MENTIONED IN THIS ARTICLE
Union Pacific
Harriman
London and New Orleans market updates on metals and cotton
The London tin and copper markets showed slight gains and declines, while New Orleans issued a fresh report on world cotton supply. London tin closed up 01 with spot at £1355 and futures at 1124, copper eased modestly with spot £37 10s and futures £58 19s 6d, and local prices for lead, zinc, and gold remained steady. The May 15 cotton visible supply stood at 3,822,498 bales with American share 2,736,632 and other kinds 3,145,878. global totals down from last year, with Britain and Europe holding 1,994,008 bales afloat and held.
MENTIONED IN THIS ARTICLE
New York
London
BIS
Souther
New Orleans
Hester
Egypt
Brazil
India
Great Britain
Europe
United States
Market Opens With Strength As Traders Gauge Rail Stocks
The Washington Post reports a brisk market start with suspected manipulation shifting stocks higher yet presenting a tempting but unclear strength. Union Pacific hits a new year high while Reading also rises. Baltimore and Ohio falters late as Traders note possible Harriman influence. rumores of railroad consolidations and governing legal action surface amid a rising market tone.
MENTIONED IN THIS ARTICLE
Washington Post
New York
Union Pacific
Rothschilis
Pennsylvania
Reading
Maryland
Department of Justice
Baltimore
Ghlo
Harriman
Stock Market Slower as Traction, Railways See Mixed Demand
A quiet session on the local stock exchange showed slower trading than for Caniea Traction Se sold up to HL 34 with bid and offer quoted around 821-2. Washington Railway and Electric drew tentative buying at 84 1 2 and 84 3 8 amid optimistic sentiment, while Washington Loan and Trust stock moved, with a block recently taken, suggesting upcoming rise after cleanup.
MENTIONED IN THIS ARTICLE
Caniea Traction
Chesgberke and Potomac
Washington ‘Railway
Bilectric
Washington Railway and Electric Preferred
Washington Loan and Trust
New York Stock Market Prices and Commodities Report
New York wholesale quotations show eggs varying with regional markets 16 percent, butter and cheese values mixed, live poultry quiet with limited supply and firm pricing, dressed poultry including turkeys and ducks listed with per pound ranges. Dressed meats and pork values noted, vegetables and fruits described as market dull with several item price points, cattle hogs sheep and calves priced by class, farm items and regional city data from May 15.
MENTIONED IN THIS ARTICLE
Virginia
West Virginia
Southwest Virginia
North Carolina
Florida
California
New York Cotton Market Mixed as Prices End Higher
New York May 18 The cotton market showed nervousness with an early advance erased mid session then a late rally led by new crop months. Prices closed 16 to 15 points higher from the prior close amid bullish spot advice and favorable English weather forecasts. Volume around 49,000 bales. Southern markets were unchanged to slightly higher. In a separate note, Standard Oil directors declared a quarterly dividend of $9 per share, matching last year.
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aNdib Levins
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allis-Chalmers
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Wall Street
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Webruat Bsa Ag
Merch
Standard Oil Company
Prices in New York commodity report May excerpts
New York markets list varied commodity quotes including poultry refined stone, cottonseed oil, paraffin petroleum, tallow, pig iron, copper, tin, spelter, raw sugar, beans, potatoes, Jersey sweets, and cabbages with mixed steady to unchanged trends and price points. The report cites firm or steady readings in several items and irregularities in potato regional pricing.
MENTIONED IN THIS ARTICLE
New York
Wastern
Rick Holabhes
Jersey
Southern
New York Grain Market Report May 15 1930s
Grain and flour futures show a bearish tone amid large Argentine shipments and weak export demand. Rye and wheat receipts total 58 000 and 32 000 respectively with bid offers around 4.07 and 4.88 percent, while oats and corn show spot steadiness and muted option activity under mixed quality samples.
MENTIONED IN THIS ARTICLE
New York
Norther Duluth
Tue
Higgs
Cohn—Revelpis
Chicago Grain Markets Mixed Amid Weather and Demand Shifts
Chicago May 15 wheat futures weakened on excellent growing weather and weak export demand, with July closing lower after volatile sessions. Corn and oats showed early softness then partial rallies as bulls entered, while provisions rose on grain strength but finally steadied. Shipping receipts and weekly export totals were reported, with mixed local deliveries and steady to firmer nearby prices.
Grain and market notes a quiet day with mixed prices
Wheat and corn show firm to mixed tones with May and July positions noted. Oats and rye hold steady with minor regional variances. Butter and cheese prices unchanged and freight markets quiet, with no notable demand shifts across export and domestic channels.
MENTIONED IN THIS ARTICLE
Hiram
Wei
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