Sharp rally in prices of wheat reported
United States visible wheat supply cut by 3,025,000 bushels spurs a broad rally. May wheat climbs to 1.71 1/2 and July to 1.49 1/2 as buyers push ahead. Corn gains while oats and provisions hold, with futures firming on demand hopes and improved flour demand from Minneapolis.
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New York
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New York Stock Exchange Wide Movements On Food Group
Pool operations in the food sector dominated trading as prices fluctuated. California Packing and Postum Cereal hit all time highs while United States Steel edged lower. Jordan Motors rose on merger chatter with Dodge or Hudson, and General Motors advanced as several industrials posted fractional gains.
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York
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Iby
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Lipes
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Spokane Exchange
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Eiry and
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Ter
Chitfaten Steel
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United States
Woolworth
New York
New, York
Bond Stock Exchange
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Domini Ub
Solic
Rena ‘of Parties
San Tinore
Ohio Vt
Thiehem Steel
Canadian Pacifica
Buri Co
Mixed Movement in Stoge Market Amid Merger Talk
Mixed movements dominated the stock market with late-day gains on short covering. Jordan Motors and California Packing rallied on merger chatter while American Smelter faced pressure but recovered on Panl Lamont payments. Oil and coal shares rose on crude outlook and a new coal conference, with US Steel investors awaiting tomorrow’s board action. Grain and metal sectors showed varied strength as wheat and corn rebounded from early losses and metal prices drifted.
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Logan & Bryan
Jordan Motors
California
United States Steel Corporation
Com 4
Paife
Rye Gains Attention Amid Discount to Wheat Market
Rye finished higher in line with wheat and attracts interest due to its unusual discount under wheat. Export demand has shown some improvement over the past few weeks. The market appears stronger than a year ago, with ongoing export activity and shifting demand dynamics.
Livestock market mixed receipts across midwest plans
Chicago Sioux City Omaha and Portland markets report cattle and hogs trading unevenly. Buyers show limited interest with fat steers and bulls fluctuating while hogs advance slightly. sheep demand steady to higher as packers take few lambs.
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Cologna
Wales
Fed
Prun
the Associated Press
Spokane
Portland
Greer
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