Wheat gains wiped out by profit taking on grain markets
On June 16 reports of foreign crop weakness and demand shifts pushed grain prices higher briefly but profit taking near the close erased most gains. Corn eased all day while oats and provisions moved in mixed directions, as weather and export news influenced trading on the Chicago Board of Trade.
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Associated Press
Chicago
Board of Trade
Gepution
Germany
Jonge Busnela
Kansas
New York Stock Exchange Gains Lift Markets on Demand
Easier money rates and steel industry gains lift the market as high dividend stocks draw strong demand. United States Steel and General Electric advance, Panhandle Producers hit new highs, and Treasury financing delays spur renewed buying. Foreign exchange firms with the franc and sterling steady amid improved tone.
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High Ind Commission
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Gener
Rand
General Electric
Marland
Morgan
United States Treasury
Wutliah
Otis
Panhandle
General Asphalt
Texas Company
Nea
France
Market Showing Orders Advance In Mixed Trading
New York reports an uneven advancing market with oils motors and industrials leading gains. Steel common boosted the day as heavy buying persisted and expectations of higher output and stronger business signals supported prices. Grain prices faltered late amid profit taking while wheat corn and oats showed mixed moves and limited demand.
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Logan & Bryan
New York
Steel Common
1 Motors
Marland
Con
Ings Wince
Maren
Hogs and Sheep Prices From Chicago and West Coast Markets
Livestock market roundup reports mixed price moves across Chicago and regions, with hogs and sheep weaker or steady. Notable bids cited include 14.86 to 14.70 for typical hogs, 12.86 to 14.40 for butchers, and 13.74 for desirable pigs, as receipts and demand shift. Cattle prices in South St. Paul show slow trading and lower bids, while Spokane and Los Angeles sections note varied supplies and modest activity. Metal markets unchanged for copper and zinc, with lead price increases noted and bar silver steady.
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Chicago
the Asnoiated Press
Deepartment of Agriculture
Turaday
Associated Press
South ST. Paul
Minn
Department of Agriculture
Andy
Gobelins Tapestry Factory Names New Head to Sweep Changes
Paris. Planes, newly appointed general administrator at Gobelins, pledges radical reform while honoring tradition. He seeks fresh blood, collaborating with modern artists and revamping dyes with longer lasting vegetable equivalents. The article notes prior modernization and mentions Belgian glass makers and a British Admiralty torpedo reward for escaped ordnance.
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Monsieur Planes
Trious
Mongkur Planes
Plot
Tegueult
Gustave Geoffroy
Willette
Rafael Odilson
Redon
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