Sharp advance in wheat prices on heat damaged crops
Wheat surged in late trading as reports of heat and moisture damage hit spring crops in Montana North Dakota Minnesota and Saskatchewan. July and September futures rose while corn and oats gained on feed demand and a weaker Liverpool market. Cash quotes showed higher No 2 red and No 2 hard wheat with wider spreads across markets.
MENTIONED IN THIS ARTICLE
Chicago
Montana
North Dakota
Minnesota
Tokcia
Iberia
Saskatchewan
Canada
United States
Liverpool
Iowa
Nebraska
American Northwest
Northwest
Towa
New York Stock Market Opens Higher on Broad Rally
Public participation expanded as prices rose with steel leading early gains and oils taking over late trading. Oil stocks like Tidewater and California Petroleum advanced one to three points while utilities reach new highs on merger speculation. The American Petroleum Institute weekly crude output rose for the first time in five weeks, and the Fed rate remained unchanged amid renewed market anxiety about rumors of a rate hike.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Tidewater
Shite California Petroleum
Colorado Fuel
Houston
Mid-Continent
Phillips
Texas Company
Royal ‘Dutch
American Petroleum Institute
Public Utilities
Montana Power
North American Company
United States Rubber Common
New York Federal Reserve Bank
Market report shows varied strength in grains and livestock
The session saw groups display strength at intervals with steel leads and dividends boosting Vanadium Steel while Republic Tron and Steel posted better than expected results. Cattle and hog receipts at St Paul and South St Paul ranged with steady to weak bids on fat cattle and mixed feeds, and wheat and corn futures rising late on heat and drought worries in the Northwest and crop damage reports.
MENTIONED IN THIS ARTICLE
Logan & Bryan
Lst
Van‘Adium Steel
Republic
Tron and Steel Corporation
Livestock market reports from Omaha and west
Wythe July 16 report from Omaha and other cities details hogs cattle and sheep prices and receipts. Hogs steady to 10 cents higher with top about 13.7 per cwt and various weight classifications. cattle receipts around 3200 with mixed grades steady to strong and lighter classes weaker. Sheep receipts about 6500 with lambs and ewes trading steady to slightly lower. Portland Spokane and Los Angeles markets show varied steady or unchanged quotes for cattle hogs and sheep.
MENTIONED IN THIS ARTICLE
Emcaco
Wythe
Associated Press
Hoge—tee
Weght
Howe
Steurincorpi
Athe
Ehotee
Omaha
Associated Pres
Eilen
Op Tong
Nevada
Spokane
Also Mentioned on This Page
Bard
Minneapolis
Wales
NEW York Stock Exchange
ST. Paul
South ST. Paul
Minn
York Stock
Logan
Ino Ertean
Americas ‘International Gi
Americas
Ameri Sugars
Zane
Gil
Ann Cry
Rinne Austin Nicholers Iy Havin
Itimore
GS Ag
Thiehem
I. Oe
Calumet & Iteel
Hem “Alton
Great Wentern
Eastlinois
Cuba
Dodge Brothers. Com
Dupont Ie
Estore
Great Western
Jordan
Motors Ee
Spra
Lehigh
Owe
Henio
Joe
Low
Ase Stam Rd
Warner Phi E
Studebaker
Ny Union
Portland
Los Angeles
Siam
Miami
Presse
Wrech
Total United Staten Y
Kansas
Missouri
Associated ‘Press
Great Britain
France
Italy
Belgium
Germany
Logan & Brian
Acme
Checker Cab
Durant of
Delaware Iy
United
Shar United Revall Candy
Iilee
Gia
Arin
Marian Me Noble
Ariaon Baarte Western
Jerome Ib Birin
Gresson Delores
Hureka
Valles Ty Ry
Nipissing
Ohio
Hugh
United Verde
Wayne Coal
Mont Spokane
Logan Bryan America
Caiedomia
Douglas
Nanob
Rex Seraten
Grav
Bliversmith
Fen Union
Tron
Iilonsommand
Fark Prov
Kambier Rman
Sad
Rack
Riratton
Cura
Towan
Columa Tal
Eureka
Tullion
Mammoth Tent
Timic
Mountal View
Rince Canay & Routh
Andar
Faiker
Toledo
Nostos Corres
Logan & Urs
Maryland
Butte
Davie-Daiy Ty
Arizon
Wantworth
Potal Malex
Utah
York
Fortats
Vaile
Isle
Liberty
United States Treasury
Cardiosiovak Fs
Rein Soy
Republic of Onile Be
Pomstic
Logan& Bryan
Atlantic
Pacific
Otten Sen Francisco
Soteane
Feat
Finlen
Metals Bank & Trust. CO
Butte, Mont
James E Woodard
The
First National Bank Or
Norre, Wontawa
Mene
Davib
George U. Mill
Andrew
Davis Je W
Vonstrae
Standard
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