Wheat Gains on Flood of Orders in Chicago Markets
Wheat rose 2.5 to 3 cents with May at 1.62 and July 1.51 as exporters push orders and corn and oats also rose slightly. Reports of winter crop issues in Ohio and possible spring drought north of the Midwest, plus shrinking World stocks, buoy fortunes, while futures and cash prices showed volatility amid profit-taking and speculative shifts.
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Associated Press
Chicago
Europe
North Basia
Selera
Ohio
Stock market dips amid profit taking on Wall Street
New York stocks retreated as profit taking and bear selling followed the rise in call money to 4 percent and weak technicals after a prolonged advance. The day saw broad activity with many issues hitting new year highs, led by motorcycle, oil, and rubber shares while speculative oil and rubber moves kept trading volatile.
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European Exchange Rates Firm
Associated Press
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Presid
EXCH
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Amerion
S. Lean
BRTR
Chicago
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Springfield
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Bear Oebuck
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Tennessee
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Aim
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Warner Ss
Abs
Market Free of Heavy Pressure
Daily market report shows call money at 4 percent as $8.5 million in close of week withdrawals looms. Rubber shares push higher on crude rubber strength. Willys Overland and Baldwin notes, with rail and diesel stocks topping, cattle and hogs mixed across Western markets and midwestern exchanges.
Swestoge Market Prices Mixed For Livestock
Market figures show SWESTOGE and bulk meat categories with early bids at 13.35 per pound for top grades. Packing sows trend around 11.76 to 12.18, slaughter pigs near 12, and beet weights and mid grades improving with mont advance.
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Aearlen
Strom
Denver
Associacea Peas
Omaha
Associated Pron
Angeles
Associated Press
Los Angeles
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