Markets and grain futures drift amid erratic demand
Markets, mining and financial notes show corn rising on weak export demand and rainfall concerns, with 203,000 bushels moved locally and vessel capacity chartered for 120,000. Wheat gains cited from rain and crop deterioration in the West and Southwest, while Canadian seeding delays are noted. North American exports remain slow at about 300,000 bushels. Butter and egg figures and Minneapolis flour data follow, with mixed receipts and price levels.
MENTIONED IN THIS ARTICLE
Buffalo
Oklahoma
North America
Foreign and domestic market brief snapshots and grains
New York foreign exchange quotes show irregular movement with high and low cables for Great Britain and France while commodities update from Chicago reports steady poultry prices and varied potato markets. Flax futures in Duluth close higher across May July and September contracts.
MENTIONED IN THIS ARTICLE
The
Associated Press
York
Great Britain
France
Belgium
Demana
Germany
Duluth
Industrials Lead Market Advance In Bright Wall Street Session
New York May 20 Prices surged on high priced industrials and specialties after initial selling related to the ICC rejection of the Loree merger. Broad gains supported by optimistic steel forecasts and renewed call money at 4 percent drove several blue chip and solvent stocks to new highs. notable advances included Laclede Gas, Commercial Solvents, Case Threshing, International Harvester, and Woolworth while some issues like Colorado Fuel and Pan Am showed softer spots.
MENTIONED IN THIS ARTICLE
Logan & Milch
Close
Bal Ahamada
Too Rmited
Ain ‘Chalmers
Americs Internationel Corporates
Kimelvers A Ia Ag
Aulantle Refining Tex
Atchison Te Tale
Cattanas
Alton
Chicago East Illinois
Chicago
Great Western
Paul Common
St. Paul
Chicago Northwestern
Rock Island
Colimion
Ann Area
Chile
Ehryaler
Ite Ae
Colorado
Congoleum
Aon
Continental
Continental Motor
Davison Chemical
Dodge Bros
Ae Ie
Fiske Rubber Fleischmann Ity
Foundation Cossie A
Port
Texan
Avery Son Gene Asphalt Ag Eos
General Eiec
Greene Cananes
Ion Galt
Dan Howe
Hudson
Motors
Hupp
Btotors
Ori Kga
Nat ‘Geinonia
Eni Cox
Ais Gy
Boh
International Harvest
Foison International Mere
Marie “Peany
A Ae
International Nteke
Bam
Cts
Manhattan
Jordan Motors
Kansas City
Soi
IBM
Lousiana
Magma
Marland
Kansas
Pexais
Kansas & Texas
MiScouri Pacific
Amissouri
Montana Power
Montgomery Ward
Erie
Moon. Motors
National Cash Register
New Haven
New York
Centairis
Forth American Og
Bom
Forthern Pacific
Pennsylvania
Beraim
Ray ‘Consolidated
Renaine
Republic i
Reynolas
St. Joe
St. Louie
San’ Francisca
Seaboard Airiine
Seaboard ‘Airiine
Sinclair Ou
Southern Pacific
Southern Railway
Dard
Gaw & Electric Me
California
New
Jersey
Studebaker Stewart
Warner Oe
Tennessee Copper, and Chemical
Texas “Corporation
CIA
Texas Pacit
Texas Pacite Coal
United Ted States
United States
United States Steels
Willys-Overland
Overland
Woolworth
Associated Frese
Interstate Commerce Commission
Whi
ICC
Decreon
American Iron and Steel
Mercantile Reviews
Kansas City Southern
St. Louie Southwestern
Katy
New York ‘Central
Union” Puels Rock Island
Baltimore & Ohio
Pittsburg
West Virginia
Laclede Gas
Brooklyn Union Gas
Continental Insurance
Houston Ol
International Cement International Harvester
Liggett and Myers
Tinken Roller
American Smelting
Woolworth, Colling and Aikman
American Tobacco
Christie Brown
Gold Dust
Towan & Br Industrials
Stu
Ion
Ios
SeFome
Deion
Tevel
Mason Kerr Linke
Ohio Copper
Newmont
Logan & Bryan
Amonkear
Hancock
Butte
Island Cree
Aoao
Keewernaw
Manon
Norn Rute
Dominion i
Quincy
St Spertor’ & Dios
Rwett ‘Mary's
United
Letra
Winona
Logan
Bryan
Hid
Tlackhawk
Boston
Py Logan & Bryan
Iid
Boston & Wyoming
Burke
Western Star
Denver Gas & Ol
Logan & Bevan
Bia
Ajax
Ambergris
Glanstone
Smith
Mighland
Sifpri
Idahoarbon Hill
Independence
Real Ec
Piace Waite Ah
Aim
Richmond Yukon
Saunders
Pea
Gierman
Liversmith
Stratton
Tamara
Ise
Saur Lake
Mines
Logan & Brean
Alta ‘Tunnel
Serait
Rex Amp Metais
Emma Sliver
Kennebeck
Rey
Tenigh
Tintie
Mountain
New Quincy
Tad Ax Forth
Standard Bark
Utah
Park Bingham Ver King Coalition
Paw Sioux Mines
Wwe
Toledo
Fall River
West Gold
North
Associated Press
York
Market features dominate as high-priced Industrials lead
New York markets show strong demand for high-priced Industrials and high-grade rails, with Loree merger issues dropping after the Interstate Commerce Commission decision. Carriers rally on merger hopes, while Judge Gary’s remarks boost steel shares amid cautious optimism about industry health. Grain letters from Chicago note wheat gains offset by profit-taking, with exports steady and spring crops progressing slowly. Silver and sugar prices firm with slight upside in futures.
MENTIONED IN THIS ARTICLE
New York
Loree
Interstate ‘Commerce Commission
I.C. S
Gary
Iron and Steel Institute
Meat Market Prices and Receipts Across Cities May 20
Agriculture department reports cattle and hog receipts for Chicago South Saint Paul and Seattle. Cattle steady to higher with steers around 11.65 to 12.35 for heavy stock. hogs about 9.85 to 11.50 per cwt. lambs mixed with California spring lambs around 16.50 and clip sheep steady. Sheep receipts 200 with fat lambs scarce and prices firm.
MENTIONED IN THIS ARTICLE
Amrcaco
Associated Renew Department of Agriculture
Chicago
Wales
Ilget
Kattern
California
Department of Agriculture
South ST. Paul
Boston Wool Market Brisk Demand and Price Firmer
The Associated Press reports improved demand for wool in both eastern and western markets with firmer prices, especially in Texas where high rates prevailed. Foreign markets remain strong, with top makers quoting firm prices while improvements appear in worsted and woolen goods.
MENTIONED IN THIS ARTICLE
Associated Press
Boston
Comm Sal Bulletin
Texas
San Angelo
Brisbane
Sydney
Wal
Commercial Bulletin
Ohio
Pennsylvania
Delaine
Michigan
New York
Wisconsin
Missouri
New England
California
Northern
Middle County
Southern
Rio
Oregon
Valley
Montana
Arizona
New Mexico
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Icago
Ylou By
Associated Res
Minneapolis
Tilbe
Belties
Logan Brean
Sneapolis
Bala
Fane
Seattle
Bryan Fentern
Epri le Bend
Ein
Pri
Eapolis
NEW York Stock Exchange
Associated Pres
Alabama
Biles
London Metals
London
Grain Lette
Canada
Southwest
Sexboard
Commission House
Northwest
Seaboard
Sugat
Otontana Jock and Horna. Company
Heaeit Ol Co
Inne Heaverhead
Alberta
Ardsley Butte
Hutte Conner
Butte Hill Copper
Hutte Ind
Pacific
Queen Oil Royal
East Louis
Tn ‘S
United. States
Treasury A
Treasury
S Treasury
Czechoslovakia
Republic
Dominion
Repubiiet
Caest
Kingdom of Keelgium
Kingdom of Norway
State of Queensland
T&t
Bethlehem Steel
Baltimore & Ons
Panadian Pacific
Hleaan Burlington & Quiney
Asa
Tire Cy
Great Northern
Montana Power Ds
Northern ‘Pacific New ‘És Din
Northern Pacific
Mien
Ae Pacific
Gas & Blear
Renneyivania Reet
Aig
Ine Muthern Pacific Eve Hy
Union
Eaciticast
Boston Wool Market
Finles
Batte
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