Markets drop as grain rush fuels price cuts in Chicago
Drought and state control talks boost selling in all grains at the Chicago Board of Trade. Argentine corn shipments to the US and Canada loom, with futures plunging 4% to 5% as traders fear a possible stoppage of trade if Illinois bills pass. Wheat limits fall, oats slide, and provisions falter while reports of heavy rains and improved Canadian weather weigh on prices.
MENTIONED IN THIS ARTICLE
Prova
Chicago
Illinois
Chicago Board of Trade
Canada
Kessinger Mill
Springfield
Illinois Legislatue
Argentina
New York
Pacific
United States
Canadian Pacific
United States Gulf
United States Atlantic
Southwest
Kansas
New York Exchange and Grain and Sugar Reports
Market notes from New York and Minneapolis report steady changes in foreign exchange sugar and flour futures. British demand cites dollars per pound while Belgium and German rates appear, with cotton and poultry prices in Minneapolis and Chicago summaries. Sugar withdrawals continue on old contracts. refined sugar prices show minor movements amid federal activity.
MENTIONED IN THIS ARTICLE
York
Great Britain
France
New York
Fair New Business
Stoge Quotations From the Armvcuseu Icon
Chicago market notes show butter prices with lower quotes and varied tub figures including creamery offers. Trading details list multiple grades and percentages, with quantities cited for ex store and accession notes.
MENTIONED IN THIS ARTICLE
Armvcuseu
Chicago
Livestock markets show mixed moves across major Western centers
Cattle, hogs and sheep receipts varied from Chicago to Spokane with slight price shifts. Chicago and Omaha reports note steady to higher or lower trends for feeders and fat cattle, while Spokane and Portland show softer hogs and slower trade, with upper bids around 9.65 to 9.75 for heavy hogs and thin demand for light stock.
MENTIONED IN THIS ARTICLE
cHicago
Department of Agriculture
Trong
California
Omaha
The
Associated Press
Idaho
U.S
Associated Prem Spokane
Associated
U.S. Department of Agr
Portland
Ore
Prices Down On Selling Attacks In Stock Market
Heavy selling across accounts dragged the market, with mid-day rallies failing to hold as offers overwhelmed buyers. United States Steel and General Motors fell from highs, while a wide list of issues reached new lows. bonds and commodities also moved lower as lenders kept rates steady and foreign exchange markets showed mixed results.
MENTIONED IN THIS ARTICLE
Logan & Bri
Anuma Ee
Ateat He
Ios
Aimerisa Sys
Ean
Jean Ca
American International
Aimer
American Telephone & Velekraph
Bethienen
Butte Superior
Butte
Petri
Ferizon
Central Lei
Ehitago Alton
Chile
Illinois
Paul
Werecex
Chrysler
Rolando Fuel & Iron
Continental
Cuba
Douge
Bros
Dodge Bros
Dupont
Pia
Ruther
Letsehmann
Foundation
Texan
Ain
Ananen
Guir
Hortake Mining
Howe
Soun Ni
Non
Np. Motors
Oi & Gas
Eau
Asi International
Ion
Oo Jordan
Motors
Atinern Iam
Kennecott Copper
Aly
Manhattan
Bieri Ag
Miami
Gonper
Fexan Company
Kansas & Texan
Avo
Aissouri Pacific
Missouri
Montana Power
Moon” Motors
Sonvada
New ‘Haven
Owens Botta
America
Phillip Petroleum
Radie Corporation
Reading
Tity
Ri Reynolds
Fae
Loule
South Western
Seaboard
Airiine
Ea Saab
Ae Bart
Petroleum
Sinclair
Southern Pa
California
Bart
Stewart
Warner and
New Jerse
Studebaker
Texas Corporation
Tennessee Copper and Chemical
Suay
Texas
Pacific
Texas Pacific Coal and
Uaten
Pacino
United States
United Sites
Alana Warner
Wil Overland
Woolworth
Itty
New York Federal Reserve Bank
United States Steel
General Motors
Baldwin
American
Con Iron Pipe and & Ne
U.S
General American
International Ticlwage America
International As Distillers
Park & Tileford Rails
Missouri Pacific
Chicago
Colorado & Southern
Gulf, Mobile & Northern
New Ork
Market Comment By Logan and Bryan
Market report from New York and Chicago on June 3 describes early soft spots in stock trading, heavy selling of favorites like Bald win after a 20 percent capacity note, and a general market decline with U S Rubber hitting a new yearly low. Rubber shares pressured by reduced prices from mail order houses, while automotive production curtailments appeared. Wheat in Chicago fell on favorable southwest weather and weak coarse grains. demand slow, but wheat buying support appeared from commission houses. Corn faced selling amid outside weather optimism and large Canada shipments. oats and rye followed wheat downward with heavy selling and weak demand.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Baldwin
U.S
Seminole Field
Chicago
Southwest
Canada
Boston Wool Market Reports Steady Demand Across Markets
Wool markets on the Eastern seaboard show steady business and firm prices with a seller-favorable tilt. Far West prices retreat to February levels while bright wool states see stronger activity. Mohair remains generally steady with moderate activity. Shipments from Boston for Jan 1 to June 7 total 97,000 pounds, up from last year, with domestic and Western market quotes listed for various wool grades and origins.
MENTIONED IN THIS ARTICLE
Seaboard
Far West
Poston
Fune
Ohio
Pennsylvania
New York
Ste
Wisconsin
Wil
New England
Texas
Iwe
California
Northern
Middle County
Southern
Oregon
F. M
Montana
Delaine
Arizona
New Mexico
Also Mentioned on This Page
Duluth
Lara
Logan & Bryan
APO
Fontana
Seattle
Big Bend
Minneapolis Grain
Minneapolis
Cei
Hary
Rood
Barton
NEW York Stock Exchange
Lour
Poultry Alive
Dollan
Liberty
Erty
Tna
Ui Si Treasury
Caechoslovakia
Dominie of
Bai Oy
French Republic
Aon
Norway
Temubi
Queenland
Beutel
Pacifie
Debe
Iui & Quincy
Tire A
Great Northern
Northern Pacific
Surthern
Pacite Pr. Lien
Benn
R. Ien
Western’ Union
Stoge
Vowan & Bryan
Andustilials
Andy Lie
Ice
Ethgh Power Bee
Ors
Carina
Glenrogic Inter Petroi
Mexico
Pula
Ariz Glove Fut ‘& Wennern
Jerome Copper
Cresson i
Delores
Devel Hollinger
Kerr Lake
Maso Val Nipiskinie
Mohawk
New Arcadian
Coria
Nora Barre Aly
Old “Ominton i
Uid Superior
Boston
Et Mary's
Swift Core
United Shoe
Utah Metals
Winona
Noston
Loxan A Wry
Bia
Ar Sles
Butte’ Consolidated
Calavarac
Cona Sans Copper
Eire National” Gaal
Houghton
EG Hon Cay
Montean
Nixon
PSA Miami
Mateuele
Ene
Shepper Sie Dyke
Unitea Verde Bite
Spokane
Howan
Prsan
Asan
Isis
Inter Coal
Richmond
Yukon
Stratton
Winn
Logan
Mountain View
New Quincy
Noren Standageay Park
Utah
Bingham Prince
Silver King
Sioux Mines
Tnic Standard Ian
Walker Mining
Toledo
Fall River
Magnolia
North Lilly
Cay Logan Bryan
Boston & Wyoming
Barken
Sour St. Pal
Giontana
Beaverhead
Alberta
London
Shine
Boston Wool Market
Dune
Fintes
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