Wheat market slips as prices extend losses
Chicago reports weak wheat close with May at $1.67% and July near $1.63%, corn largely unchanged, and oats down. Lower wheat prices driven by forecasts of cloudy, cooler weather and ample supply prospects, export activity slower, and profit-taking among holders. Minneapolis grain also cited with cash No 1 northern around $1.63 and No 1 hard spring near $1.64. Butter and eggs rise slightly in New York and Chicago markets, with butter firm and eggs steady amid receipts.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Kan- Tower
Manse
Acre
Europe
Minneapolis
Montana
Liverpool
AEW Yors
New York
New York Stock Exchange closes higher on oil shares rally
Stock prices advanced in a two million share session as investors shifted focus from utilities to oils. Oil shares rose on rising crude prices, higher gasoline use and dividend rumors. Tobacco, copper and chemical issues gained, with Davison Chemical and others climbing. Pacific Oil and water power plays noted, while Frisco common fell on dividend disappointment.
MENTIONED IN THIS ARTICLE
Associated Prose
New York
Pacific Oil Company
International Paper
Davison Chemical
Associated Dry Goods
May Department Stores
United Drug
Pittsburg
West Virginia
Wheeling
Lake Erie
Frisco Common
NEW York Stock
Reaction Called Secondary Event In Bull Market
Price movements yesterday suggested that the sharp general list decline was only a secondary pullback in a fresh primary advance. Notable action appeared in Mack Trucks Utah Securities American Can and other high priced issues while tobacco shares led a vigorous recovery with American Tobacco near 96. Employment is high and business activity rising with clearer signs of steadiness. analysts note a typical pattern of expansion followed by brief pullbacks in trade and steel.
MENTIONED IN THIS ARTICLE
Lausser
Wolcott & Co
Mack Trucks
Utah Securities
American Can
American Tobacco
Baldwin Locomotive
Leonard B. Ayres
Clevelt Company
Tron
Ateel
York
Conti
Mont
Hogs and cattle prices mixed in markets across noted towns
Omaha Sioux City Denver Los Angeles and New York report hogs, cattle, and sheep receipts with uneven demand. Prices show small gains for some weights while others slide. top hogs around 12.00 to 12.50 per cwt, cattle offerings mixed with steady to weak fat cows and calves, several markets noting steady or higher bids for light weights and light-heavy blends.
MENTIONED IN THIS ARTICLE
The
Associated’ Press
Chicago
Inter
Sioux City
Iowa
South GT. Paul
Minn
Assoc
Omaha
Denver
Associated Press
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Estern
Kansas
Associated
Pacific “Coast
Boise
NEW York Stock Exchange
Industria
Japanies
Sterling
Wolee
Eta Sae Vien Sre
Ian Open Hien Lowios Bares Atchison É Ieus
Car Foundry
Beisgraph
Im Agricul
Milwat Iit
Ie Ee
General Lotore
Goodrich Ri
Gulf
Staten
Houston
Central
Penay
New York Central
Royal
Baltes Ut
If Suites Steel
Mt Iy
Lhestock
Associated Prean
Los Angeles
Mam Meyy Ras
London
Anagonda Co
Portland
Lambean
Wisconsin
Michigan
Lane ‘Weigett & Co
Boston
Butte
Mont Gan Mont
Sweetgrnas
Iliams
Wye
Tm! Co
Bohemia
Ite & London
Calaveras
Ax Consolidated
Sleo
Jerome
Ioana
Spokane
Launter
Wolcott Aix
Galedonia
Hitsmana
Rideretton
Lausler
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Cat & Hecia
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He Franklin
Iancock
Isele Royal
Toland
Keweenaw
Lowe
Arcadian
Austen
United Retail Candy
Uons
Svc. Com
Salt Creek
Wilcox
Continental Oil
Lauzier, Wolcott & CO
Walle Walle, Bate, Bithags
Chicago Board of Jade
eAssociate
New
Oreek’ Beuezges
Logan& Bryan
Spoksse
Squttie
San Fransisco
Finlen
Metals Bank & Trust CO
Butte, Mont
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