Wheat Markets Drift Amid Mixed Signals From Texas to Minneapolis
Markets report a tentative downward swing in wheat with May delivery seeing rallies but overall weakness due to sluggish export demand and ample moisture. Cash wheat in Minneapolis ranges with No.1 northern at 1.73 to 1.94, flour prices down, and oats and provisions shifting as hog values react.
MENTIONED IN THIS ARTICLE
Associated Press
Texas
Sines Sain
Minneapolis
Montana
Autociated Press
Stocks Rally Amid Broad Gains On N Y Exchange
Speculators regained control as railroad and public utility shares led a general advance. Many active issues rose one to three points with several specialties up five to eleven points. Bear pressure eased at the open, buying spurred by better January earnings from class one carriers, and rumors of dividends and mergers boosted certain issues including Wabash. Rock Island jumped earlier but pared gains, Utah Securities rose to a record high on takeover prospects, and United States Steel briefly touched 134 before easing. Time rates and currencies showed mixed moves with sterling in demand around 4.77 dollars.
MENTIONED IN THIS ARTICLE
Rock ‘Inland
Utah Securities
United States Steel
Baldwin
Baker
New York
Lausier
Wolcott & Co
St Paul
Hoover
Rock Island
Southern Pacific
Boston
New England
Am Fean Woolen
Crucible See
Foster and Adams
Syracuse
Crucible
C.D. Barney & Co
Philadelphia
Reading
Broadway Commission
St. Paul Ianes
Bears Searching for Weak Spots in Market Rally
Bears probe vulnerable sectors after early gains, pressing Wool and rail shares while news from Hoover strengthens sentiment. Copper and tin hold, uranium prices and wheat show volatility as traders weigh rail and wool action and new industry moves.
Cattle and hog market notes from St Paul and nearby markets
Market report shows cattle receipts and price ranges across packers and feeders. Strong weight slaughter hogs hold about 12 to 13 dollars per hundred, with steady or slightly higher quotes for fat steers and yearlings, while bulls and sheep receipts appear varied and prices mixed.
MENTIONED IN THIS ARTICLE
ST. Paul
The
Associated Press
South BT. Paul
Lane
Rage
Sioux City and Portland Livestock Prices Loose and Mixed
Cattle receipts 2,800 at Sioux City show a fairly active market with killers and stockers steady to firm amid varied steer and yearling quotes. Portland reports steady hogs and bases on slaughter pigs and feeders, while Los Angeles notes active cattle and mixed hog prices with day’s close around 14 to 15 dollars for some lots.
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Sioux City
The
Associated Press
Iowa
Portland
Frese
Ore
Los Angeles
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