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Anaconda Standard in Anaconda, Montana

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Jun 02, 1927

Page

12

Corn Prices Rally Amid Late Planting Delays

Chicago and Minneapolis market notes show corn advancing beyond prior highs as late planting and forecasts of wet weather spur buying. Wheat and oats follow, with prices affected by rains in Kansas and Canada and reports of reduced yields. Hog prices ease while grain futures reflect ongoing crop uncertainty across the belt.

Associated P Chicago Ted Matleally Ord Jesses Canada Kansas Oklahoma Commission House Winnipeg Liverpool Australia Tye

Wool market inquiry and cotton and sugar quotes

AP reports in Boston New York and Chicago as of June 1 show domestic wool inquiry mainly for half blood and three eighths blood with slight price stiffening in some grades. Cotton spot steady at 16.95, sugar futures steady around 6.10 to 6.20, with limited new business and notable withdrawal demand. Poultry prices in Chicago mixed with fowls at 18 to 28 cents and turkeys around 28 cents.

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Railroad Shares Lead Again In Upward Market Rise

The Associated Press reports New York June 1 railroad shares regained leadership in a broad stock advance with many issues hitting new highs. Strong pools and ample funds lifted prices while some weak spots appeared but did not stop the rally. Loans rose, but brokers noted danger if commitments rise, as steel and GM gained amid overall demand.

Associated Press New York Commission House St Louis Southwestern Wabash Common Colorado & Southern Pete Marquette Great’ Northern Texas & Cife Katy New York Central Jersey Central Lehigh Valley Baldwin General Motors Common Flute A.M. Byers Wright Iron Pine Eureka Vacuum General Electric International Telephone Med Chemlest Amer'can Coco Col Eral Refractions National Distillers Safety Cable Texas & Pacific Land Trust Union Foundation Company Cotter

Market Comment By Logan and Bryan on June stock activity

Active buying of rail issues dominated the day with Nickel Plate, Wabash, and Texas Pacific showing merger talk. Oils eased on production gains while dividend and inventory notes, plus forecasts of favorable yields, shaped a generally firm market despite some heavy selling pressures.

York Wabash Texas Pacific Federal Reserve Maryland U.S. Steel Common Lorillard Montgomery-Ward

UvESTOCK CHICAGO AUCTION NOTES JUNE 1

Chicago market reports show cattle and hog prices mixed with declines in some classes. Receipts: cattle 25,000. hogs 10,000. sheep 10,000. Top hogs around 9.65, steers 9.50 to 11.50, vealers 3.75 to 11.00. lambs around 18.00. sow and lighter weights varied, trading mostly weak to steady across several Western markets including South St. Paul Portland Seattle Spokane with similar patterns.

Timothy Chicago Department of Agriculture South St. Pac The Associated Press South ST. Paul U. S Associated Pr ‘Omana California Montly

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