Markets rally as grain and mining stocks lead advance
Chicago market notes strong finish with wheat up 1.5 cents, corn up 1.25, oats steady. July wheat buys by commission houses push prices. rain in Kansas and Texas fuels harvest concerns along with favorable cash demand from mills and packers. Minneapolis and Duluth reports show mixed grain and flour values, while butter and eggs, potatoes, and sugar futures move within narrow ranges amidst light trading.
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Livestock prices mixed across markets in June report
Chicago hogs mostly lower as receipts reach 20 000 with buyers cautious and packers inactive. Cattle receipts about 10 000 with fed steers steady and yearlings uneven while sheep weak. Prices show regional spreads with Seattle and Los Angeles listings noting varied cattle and hog demand alongside lead and silver market updates in New York and foreign exchange steadiness.
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Oils Objects of Much Attention
In New York June 15 heavy buying in the oil group formed at today’s trading as Tendegshi Oil posted high prices amid rumors of merger prospects and strong earnings. The market also reflected renewed interest in American Railway shares in London, with broader optimism in oil, copper, and steel sectors and steady wheat buying in Chicago amid rainfall fears delaying harvests.
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Real Estate Columns Highlight Butte Properties
The Standard Real Estate section invites buyers and investors in Butte to explore property opportunities. It positions the Real Estate column as the best source for attractive buys, promising access to sellers appealing to readers seeking good property values.
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