Markets show sharp rise in Wheat as exports surge
Wheat prices climbed about six cents a bushel on heavy European buying and a 3.75 million bushel export tally including 2.23 million for Spain. Corn and rye also rose, with oats up modestly. May wheat ranged 1.65 to 1.66 dollars, July 1.54 to 1.54, while world stocks stood around 189.64 million bushels.
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New York Stock Exchange hits two million share mark
Mixed trading in rails and oil groups as gains and losses balanced. United States Steel rose fractionally, Pan-American Petroleum earnings for four months topped 37 million dollars, and several rail and utility issues hit new highs while Baton Pacific fell after late-day selling.
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UNIT
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Milwaukee
Bull market of big proportions hits trading vigor
Stocks surged with broad participation as traders priced in higher business activity. Rail and metal issues led gains, Magma Copper and Pan-American figures cited, while American Woolen faced pressure from weak London and Sydney wool markets.
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Live stock market report from Chicago Omaha and west
Hogs receipts around 16 000 in Chicago market steady to higher with top around 11 70. cattle receipts mixed with gains in feeder and fat cattle categories. sheep receipts steady with varying lamb prices. Regional notes from Omaha Portland and Spokane show similar mixed trends across hogs cattle and sheep with modest advances and uneven demand.
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