Wheat market slips on overbought condition and weak exports
Markets report wheat prices easing on May 24 as Liverpool quotes and Argentina shipments dampen appeal. July and September futures edge lower while corn gains assist, oats uneven, and provisions rise with hog values. Minneapo lis grain and New York butter and eggs show mixed moves amid steady cheese and steady to lower dairy.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Argentina
Europe
Llinois
Sig Saar
Sory Sar
Minneapolis
Owan
New York
New York Stock Exchange Rally Cited as Market Correction
The active stock market rose, seen as a correction of oversold conditions. Morgan underwrites 426,000,000 Australian loan, car loadings hit yearly high, Virginia Iron resumes dividends, crude oil output drops, and California Petroleum reaches a yearly high near 111 3/4.
MENTIONED IN THIS ARTICLE
Associated Press
J. P. Morgan & Co
Virginia Iron, Coal and Coke
Jarreig
California Petroleum
Akers
Indu Riais
Bethlehem
Republic
Crucible
Gulf States Steels
Baldwin
American Can
American Woolen
Studebaker
Stewart Warner
Mack Truck
Phillipe Petroleum
California Petroleum Preferred
Houston ‘Oil
du Pont
Famous Players
National Lead
New York Central
Canadian Pacl
Soc
St. Louis & Southwestern
Rock Belaware & Hudson
Southern Pacific
Union Pacific
Missouri
Livestock Quotations From Chicago Market May 24
Livestock prices across Chicago and other markets show hog receipts around 30,000 with varied bids from 6.40 to 8.75 for different weights and grades. Cattle receipts near 15,000 with steady to weak bids, best heavy steers around 10.85 in Chicago and softer in nearby markets. veals and stockers also trading, Bologna bulls and sows listed with mixed ranges. Also reports from Omaha South St Paul Kansas City Portland and Los Angeles detail mixed supplies and price ranges across hogs cattle sheep and veal, with several markets noting steady to higher or weaker tones and top or near-top bids in the 7.00 to 10.40 range for cattle and hogs.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
Med States Department of Agriculture
California
Associaton Res
United States ‘Department of Agri- Omaha
St. Paut
States Department of Agriculture
South ST. Paul
Kansas City
Portland
Los Angeles
Associated Prove
Federal Livestock News Service
Farum
More Strength Shown By Stocks Across Markets
The Lausier-Wolcott Co notes a broad stock market rally with closing prices at day highs, driven by short-covering and renewed demand. Optimistic reports from across the country, including comments from John J. Mitchell and S. Mott, point to expanding business and little inflation risk. Dividends announced include Inspiration Copper 50 cents, General Electric 2 dollars, and Gulf States Steel at 1 dollar, with rail freight loadings up for the week ended May 12.
MENTIONED IN THIS ARTICLE
Lausier-Wolcott Company
Bia Salen Atenison
American Rand’ Foundry
Ian Amean Bosch
Xie Felephons
American Xericultural
Amelia Topacco i
Maltimore
Brooklyn
Burt Superior
Chicago
Milwauks
Chine Jenapeake
Chile
Oleum Ag
General Electric Jokers
Goodrien
Rubber Co
Great
Andy Core
Great Northern
Central
Inspiration
Iver
Kelly-Springfeld
Kennecott
Routeville & Reshville
Anny
Kim
Montana
Fania
Montgomery
Ward
Ene
Weatern
Merican Ie
Ion
Republic
Iro
BR Ted
Alway Steel Sp
Ray Seara
Roebuck Vom
Souther Reneca Copper
Southern Railway
Sinclair
Studebaker Company
Sloss Steel
Bo Stromberg Cari
Trexa
Paente Coat Ana
Fano Texas ‘Ompany
Tennesse Bopper
Ino
Union Pacine Asa
United States
United ‘States
Etu
United Fruit
Ino United Retail
Anadium "Corporation
Willys-Overland Company
New York
New, York
New York Stock
Lausier-Wolcott Co
Shorte
John J. Mitchell
Tre Sinois ‘Merchants’ Trust Company
Washington
Mitchell
Comnbell
Mott
General Motors
Aid
Tam
Inspiration Copper
General ‘Electric
Mutual Oil
Gulf States
Steel
Also Mentioned on This Page
Spokane
Haunler Wotcott Coy
Florence
Fern Union
Richmond
Purnisnea Sy' Lauriersiv Oleott Ce
Ashea
Aye
Ferred & Ret
Sisteo
Beaverheads Alta
Glenrock
Fontacal
Mountain
Venson Roy
Ty i Art Weowna
Williams
Woo
NEW York Stock Exchange
Omaha
Agri
Lausier-woolcott
The
Arizona Globe
Jumet & Jerom
A & Son
Dominion of
Canada
Oss
Kingdom of Norway
Republic of Chile
Gueensland
Atchison
Baltimore
van Pacific Debenture
Burling ‘& Quincy
Retin
Mitwaut Beg
Isi
Great Goodyear
Northern Ie
Montana Power Be ‘Ins
Pacife
Petundinig
Northwes Oy
Pacific Gas and Sweetie
Penns
wWania
Beneral Ia
Ae Tinto Paci
Ane United S Res Rubber In and Power and Light
Be Batern Union
Stinghouse Electric
Wilson
Butte & Superior Mining Co
Butte, Montana
Wilfley
Pacific Welder
A. C
Ingersolts Rand
Ty Roots
Butte
A.C.M
Globe Automatic Sprinkler
Merrill, Lynch & Company
Lense Aveits CO
Kerr Lake
Porcupin Iplsaine
Ray Hercuson
Teck Hughes iv
United Erste
Wayne Ts
Noston Correns. Co
Lauster- Wolcott
Anmock Adventure
Oma iv
Arizona
Goma't
Calumet
Lumet
Hecla
Davies Aly
Granby Greene-canaiiea
Hancock
Helvetia
Indiana
Mason Vi
Michigan
Monawhea Iy
Arcadian
Nipissing
Bts North
Ojiway Iy
Romsmion
Scoala
Quiney
Trinity, i & Taoluinne
Sori Bat Seiby
Utah
Apex
Utah Ton
Utah Metals
Victoria
Winona
Olvering Iy
Sandor
North
Waston Cunn
Crurnish Oy Lauter
Wolcott
Abumada
Maver
Bingham
Boston
Jerome
Eureks
Gadsden
Majestic Mackinie
New Cornelia
Ohio
Ady
Maren
Butte-Anaconda
Jana
Drummond
Helmville
Ovando
First National Bank OF
Andrew J. Davis
Stephenson
George W. Hill
Andrew J. Davis Jr
Forsythe
Metals Bank and Trust CO
W. A. Clark
Ross Clark
W. A. Clark & Bro
Bankers
Aasianas
Botte
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