Markets Update: Wheat Prices Slump on Heavy Unloading
The market faced persistent selling as demand remained thin with traders locking in profits and weak bulls. Wheat slipped 1% to 2% with May and July around 1.48. corn and oats also fell, while hog-related provisions weakened. Liverpool strength offered slight domestic support amid light export activity and scarce cash demand.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Sxport
Liverpool
May
Seaboard
New York
Amsneaten
New York Stocks Rally On Rails Oils And Motors
The Associated Press reports bullish trading in rails oils and motor shares on May 13 with renewed buying amid mild volume and profit taking. United States Steel eased 1 point while St Paul issues rose to new highs before retreating. European currencies held steady as Argentine exports resumed gold shipments on June 10.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Wales
Atlantic Seaboard
United States Steel
St. Paul
St. Louis
Bull Forges Bid Up Rail Prices In Irrational Market Rally
Fluctuating yesterday's session showed a bullish market despite disappointments in commercial lines. Rail issues, notably York Central and Atchison, led the advance while broader steel and iron sectors faced mixed signals as bankers remained confident in the economy's fundamentals.
MENTIONED IN THIS ARTICLE
Lausler
Wolcott & Co
Cear
York Central
Atchison
Irons Trades Review
Con- Industry Radio Corporation
Commission House
American Sugar
Westinghouse Electric
Pro de Pasco
Nevada
Consolias
Utah “Copper
Larland Ol
Western Livestock Trade Roundup From Denver Sioux City and Omaha
Regional livestock prices and receipts show hogs steady near twelve to thirteen dollars per hundredweight, cattle mixed with steady to lower feeds, and sheep lamb markets softening. Denver and Sioux City show scattered gains and discounts while Omaha reports heavy steer and yearling weakness amid mixed wholesale demand.
Mixed cattle and hog market report from St Paul and Portland
Cattle receipts large with steer averages around 1560 pounds. Prices steady to firm for fed steers and heifers, with top weights near 9.50 and 10.00. Hog receipts around 12,000, generally 25 to 35 cents lower than Tuesday. top hogs around 14.28 for late loads. Sheep receipts modest with shorn lambs and ewes steady to firm. no Portland sheep receipts in one segment.
MENTIONED IN THIS ARTICLE
Denver
Illing
Sioux City
Omaha
ST. Paul
South St.apaul
Minn
Cologna
California
Weady
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