Hot dry weather boosts wheat and corn markets
Heat and drought heightened gains in wheat and corn with new top prices for December wheat and December corn. Reports of poor plains crop conditions from Saskatchewan to Canada weighed on wheat while corn rallied on damage in South Dakota Nebraska and Iowa. Ongoing domestic supply and export shifts, plus trader activity, framed the session as wet spells remained scarce and rainfall uncertain.
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Associated Press
Chicago
American Northwest
Canada
Saskatoon
Saskatchewan
Regina
Ocean Passage
Dh Vision
Stock Market Edges Higher as Frence Crisis Shakes Markets
New York reports speculators still in control of price movement amid gains in the Dow peers led by General Motors. European currency weakness weighs on rails while commodities mixed. cattle and hog markets show varied results across Omaha Seattle and Los Angeles regions with upper ranges for several meat cuts and record-like price movements in select stocks.
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General Motors
Wythe Associated Press
New York
Genera Motors
Hisdeon Motors
Geneva Motors
Jordan Motors
Maid
Market Reports From Hogs Cattle And Grains
Hog receipts near 35 000 heavy hogs strong to higher prices with light pigs scarce. Cattle receipts around 16 000 fed steers and weighty steers and heifers sold firm to higher, bullocks and packing sows noted. Grain and currency updates show wholesale price movements in New York and Minneapolis futures with July quotes for flour and silver.
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Montana
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South ST. Paul
Neal’ Caver
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Lam
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Cols Ang
Seattle
Gas Well Fire Rages in Big Lake Field
In the Big Lake field a gas well burns intensely as flames rise and the well vents bright, drawing onlookers and officials. The blaze lasts for hours, with authorities reporting strong gas flow and a major flare visible for miles.
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Big Lake
Montana
Otelsek
Specialty List Holds Interest Amid Market Rally
Market activity showed high priced specialties in demand led by General Motors with auto parts and iron piping in rising demand. Mercury mercantile and public utilities added buying power as copper and yeast stocks drew attention. wheat and corn futures fluctuated amid broader bullish and profit-taking moves in a wary week ending with mixed gains and cautious outlook.
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Loran & Bryan
General Motors
Texac Gulf Kulphur
Montana gas well and wool pool reports
Montana reports Glendive gas well activity and a wool pool valued at about 446000 pounds with 850 grower shares. The Montana Marketing Association notes a Montana price pool at 6100 dollars and Rowdy Srenates surpasses four million pounds in consignments. In Newark, bandits fatally shot a cream company employee and escaped with a 15000 payroll. Honolulu plans two new sugar mills.
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