Wheat markets rally on supply fears and rains delay
Wheat values rose on June news as strong buying lifted prices, but profit-taking trimmed gains. Reports of crop damage in Kansas and Nebraska, plus drought worries in spring wheat regions, fueled the rise while futures showed mixed movement across oats and corn. Northwest weather and Kansas rain prospects shaped later trading, with shipments and rail markets indicating broader participation but uneven gains.
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Nebraska
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New York Stock Exchange Sees Broad Market Rally
A midday burst of buying lifted most major shares, led by specialties, with net gains 1 to 6 points. Total volume reached 1,107,300 shares as Woolworth and United States Steel paced the rally, while motor shares showed strength and car industry rumors weighed on some names. Time money rates held near 4 percent, with 3 to 4 percent paper rates quoted.
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New York
Woolworth Company
United States Steel Common
Steele See
New Haven
London
Mixed Movement in Stock Market Volume Declines
Market movements were mixed with reduced turnover and improved buying power in declines. Highlights included New Haven May earnings signaling potential recovery, Pan American B rising on earnings, and rail and petro shares showing tentative strength amid broader profit-taking. Northwest and Southwest cash premiums remained buoyant, while corn and oats saw mixed gains from short covering and commission-house buying.
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Logan & Bryan
New
Petroeum
New Haven
Kansas
Is Road
California
Livestock Market Report Shows Mixed Cattle and Hog Trends
Cattle receipts around 21 000 yield steady to higher prices for fat cows bulls and yearlings with feeders scarce. Hogs see higher trim with bulk around 16.25 to 17.50, calves weaker, sheep steady with ewes up to 6.50, regional reports from Minneapolis Saint Paul Seattle Spokane and Los Angeles noting varied demand and price levels.
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Associated Press
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World commodities and exchange rates in a historic market brief
A fragmented OCR entry lists spot and futures prices for zinc antimony and lead in London and St Louis with foreign exchange quotations. It notes irregular foreign exchange and a brief bar silver update from New York with Mexican dollars.
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