Markets and Wheat Prices Show Upward Trend Amid Drought
Market notes report a rising trend in wheat prices with futures gaining on anticipated export demand. Corn prices advanced while provisions edged higher, as producers reel from drought in the Southwest and rain in Kansas. Reports indicate winter wheat at reduced conditions after a severe drought period, with storage arrivals and futures for July and May showing shifts. butter and eggs and potato markets are noted with modest activity in Chicago and New York.
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Sam P. Hamilton
Wall Street
New York Stock Exchange Shows Underlying Strength
Market displays a strong undertone with trading volume at a new low. Positive forces persist as motors sector leads gains while overall activity remains subdued. Investor optimism quietly supports prices amid thin turnover.
Market Rally Boosts Industrial Shares Amid Rumors
Shares rally as traders digest hopes for developments in Dodge Brothers and other industrials. Mack Truck leads gains on strong buying, while steel and aluminum names rally despite reduced output estimates. Market sentiment improves with lower money rates and renewed speculation on recovery signals.
MENTIONED IN THIS ARTICLE
Lausler, Wolcott & Co
American Can
General Bedsic
Baldwin
Dover
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Steel Rage
United States Steel
Pan-American
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Livestock market report across multiple regions
Across Chicago South St Paul Moline and Portland buyers held steady or higher bids for hogs cattle and sheep with modest volume. Desirable 160 to 225 pound hogs average 13 13 26 dollars per hundredweight while 240 to 326 pound hogs move around 12 75 to 13 15. Cattle receipts near 3000 to 4000 in various markets with fat steers yearlings and stockers seeing steady to higher demand. Lambs and sheep show limited activity with some prices held firm and others drifting.
MENTIONED IN THIS ARTICLE
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Associated Press
Chicago
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Moux City
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North Moors
Imperial Valley
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Boon Baying
Gan
New York
United States
Wisconsin
Minnesota
Red River
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Idaho
Mporapolis
NEW York Stock Exchange
Duluth
Dillon, Read & Co
Dodge Brothers
Gteral Motors
Great Britain
France
Italy
London
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London Metals
Slectrolysic
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Chalmers
Allied “Chemical
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American Agricstia ii
American Topacco
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Mattway
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Magma
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Texas
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Pacific
Sires Motors
Monta ‘Powe
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Texas Uit
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Itart Ise Ihosirid
Leo Swiarner
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Boston
Lauster, & Co
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Rey Franklin
Hancock
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Jerome Verde
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Lataler
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Forthern Pacific
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Sussstshell Valley
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Charles J. Kelly
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