Wheat up on war talk and foreign demand in Market
Wheat futures strengthened led by active foreign buying amid war rumors. May futures rose to around 1.21 1 4 dollars, with corn and oats following the upper move. Prices for rye, flax, lard, and other grains edged higher while reports of European urgency and Argentina delays supported the rally.
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Western Union
Richmona Ag Tron
Stock declines ease after German reparations fears rise
New York trading saw a further gentler pullback as speculators pressed declines amid fears over German reparations. Prices fell fractions to several points in many stocks, with notable strength in a few issues such as California Petroleum and Beech Nut Packing. Bond and exchange activity showed mixed movement as traders weighed Midwest price signals and foreign exchange shifts.
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Reaction 15 Dues to Gable Advices and Oil Merger Notes
The Lausier-Wolcott Co reports reaction to European news and domestic oil trends. Mutual Oil takes over Hamilton Oil, linking trustee Thompson to Mutual Oil and Imperial Oil. Schwab predicts an industrial boom and says mergers could lower costs, citing Bethlehem and Lackawanna integration.
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Livestock Prices and Receipts From Chicago and Kansas City Markets
Chicago hogs see early gains around 25 cents with mixed demand and steady to firm prices for 150 to 360 pound classes. Cattle and sheep show slower demand, with beef steers weak to 10 percent lower and veal calves strong. Kansas City reports lighter cattle dinners and hogs around 8.15 to 8.25, with stock pigs firm and light lambs around 14 dollars for fed lots. Receipts: Chicago hogs 12,000 to 20,000, cattle 14,500, sheep 15,000. Kansas City hogs 20,000, cattle 14,500, sheep 7,000.
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Pancho Villa Won’t Write His Memoirs
Pancho Villa, once a bandit and now a Durango farmer, declined offers from an American publisher to write memoirs. He reportedly told the publishers he has no wish to perpetuate his adventures, preferring his children hear of his exploits as a rancher and benefactor.
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Pancho Villa
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