Markets Slump Stirs Wheat and Corn Across US
Wheat and corn futures closed lower with wheat down up to 14 cents and corn off about 19 cents. Weather in the Northwest and Europe’s crop outlook steadied some markets while selling pressure grew, led by weak demand and lower cash prices. Notable quotes show mixed grain receipts and values at Minneapolis and Chicago, with sugar and potato markets also reported, alongside foreign exchange shifts.
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Market Decline Sweeps New York Stocks Amid Weakness
New York stock market sinks as bear selling returns after a brief rally on a selected list of oils and specialties. Industrials lead losses, with United States Steel and General Motors fluctuating wildly. money rates steady amid eurodollar movement and a pullback in German marks.
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Northern Pacific Pr
Stock Market Mixed Movements Dominate Trading Day
New York markets showed uneven action with leaders like General Motors lifting the main stocks while weak spots such as Montgomery Ward and Cant Iron Pipe sparked renewed selling. Oil output rose weekly and some contracts in the country faced talk of competition. overall, the market turned slightly toward liquidation amid limited changes. Grain markets mirrored cautious trading as wheat declined late after early strength, with Winnipeg’s weather dampening demand and foreign buyers subdued. Oats and rye followed grains with Kenny reports noting mixed demand and ample supplies at terminals.
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Livestock market report from Chicago and major western hubs
Livestock and cattle prices mixed across Chicago Omaha Sioux City and Seattle with strong hog demand for light weights and higher cattle futures. Receipts include 11 000 cattle and 14 000 sheep in Chicago and 6 500 cattle in Omaha with peak steer prices around 9 75 to 16 50 while lambs reach up to 15 50 and porkers see 12 25 to 14 80.
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Boston Finest Donor Pool Saves Sergeant Flynn Life
Police at City Point station South Boston rallied to donate blood for Sergeant John J. Flynn after a transfusion was deemed necessary. Lieutenant Sweeney coordinated the effort with doctors selecting volunteers, and Patrolman Theodore Belton was chosen as the lucky donor amid a district wide response.
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