Markets and Mining News Slips on Wheat and Corn
Prices fell toward close as world supply rose and Canadian rail embargoes were announced. Wheat quotations weakened while corn and oats held, provisions rose on lard buying. European rye demand and Argentine freight shifts influenced sentiment. domestic milling demand softened with lighter receipts.
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Associated Prose
Chicago
Vance
Europe
Liverpool
Galventon
Taney Ce
Dak Northen
Innerpolis
Montana
Wall Street closes with irregular price moves on Jan 11
Confused price movements marked the New York stock market with firms and declines across rail, auto, and oil issues. Nash common fell after an initial block trade, General Motors and Hudson declined while Mack Trucks rose. Brokers loans rose, but money remained cheap. Oil shares gained on merger news. Texas Gulf Sulphur and Freeport Texas hit new highs as Com mercial Solvents fluctuated.
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New York Central
Packard Motors
He Radio Corporation i A Fay “Consolidated
Renainy
Ty Republic Tren
Aia
Joe Lend
Lote Ai Ia
Seaboard
Market Irregularities Persist In Petrochemical, Steel, and Grain
York January reports show no major market developments with general sentiment cautious. U.S. Steel and Republic Steel earnings attract favorable comment while sulfur stocks expect another strong year. Petroleum firms show profit potential in 1927, though motor stocks faltered after Nash Motors news. Wheat and corn markets swing with international demand. rye export bids improve as foreign connections participate.
MENTIONED IN THIS ARTICLE
Lowan
U. S. Steel
Tday
Republic Steel Company
Nash Motors
Cattle and Sheep Market Updates Across Cities
Swestock Chicago reports mixed cattle and sheep receipts with cattle prices steady to higher for various weights, hogs and calves showing modest gains. South St Paul and other markets note steady to firm tone with notable activity in feeders and vealers. Foreign exchange and commodity notes accompany market wrap including copper and tin futures.
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Associated Press
IBM
Omaha
WA. S
Am South
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