Wheat recovers on GROP reports and world crop worries
Chicago markets rise as wheat futures gain on GROP reports of larger Kansas and French crops amid weather concerns. July and September prices advance while corn and oats fluctuate. Liverpool and domestic demand influence gains then wane. Minneapolis cash bids show firm northern wheat, corn, and rye quotes.
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Chicago
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Kansas
France
Liverpool
Illinois
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Teo
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Minneapolis
New York Stock Market Closes After Dividend Shock
Stock prices edged lower amid bear pressure and mixed gains as New York Central announced a 7 dollar annual dividend, surprising traders. Trading volume reached about 26 000 shares with United States Steel and others hitting new low records while some issues recovered later.
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Associated Press
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AILS SHOWING GROWING BETTER
Stock market moved with alternating weak and strong periods with final prices mostly higher than Tuesday. Rail shares advanced with New York Central boosting its dividend to 7 percent and signaling possible increases for transportation issues. Oil stock conditions remained uneven while steel shares faced selling amid slower operations. Amsterdam bankers bought Anaconda shares as production rises in iron and copper ventures lower costs.
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Livestock Quotations Reported Across Major Markets
The Associated Press wires show cattle, hogs, and sheep trading unevenly across Chicago Portland Kansas City Omaha and Denver on June 13. Cattle receipts around 7 8 thousand with steady to higher beef steers and yearlings, hogs mostly higher and pigs steady to higher, and sheep steady to higher with spring lambs up. notable price ranges include 10 11 for top yearlings and roughly 6 7 for packer hogs, with mixed regional shifts and varying demand.
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