Markets Report Grain Prices Rise On Cold Wave Effects
Chicago markets show corn and wheat futures up amid frost fears and replanting worries. Prices climbed with May corn near 1.72, July wheat around 1.61, while rye and provisions fluctuated. Minneapolis and New York grain markets echo the gains with mixed futures and cash quotes.
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Associated Prose
Chicago
Corm
Tedder Bofore
Minneapolis
Associated Preat
York
New York Stock Market Opens Higher Then Pulls Back
New York May 25 stock prices rose at the opening but turned down later amid heavy profit taking and bear selling. About 1.5 million shares traded as advances lifted two dozen issues to yearly peaks. Trading showed moderate volume. outlook remained constructive with gains in gasoline, lead, and steel scrap markets.
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New York
New York City
Baldwin
Allied Chemicals
American Smelting
Coca Cola
Famous
International Paper
Union Bag and Paper
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Wright Aeronautical Corporation
National Dairy Products
Montana Power
United Drug
Ward Baking
St. Joseph Lead
Cayamel Fruit
Otis Steel
Youngstown
Lackawanna
Reading
Southern Pacific
Market Reaction 16 Rule Focuses On Short Term Rise
The report notes yesterday's session followed a rapid prior advance with a healthy correction in many ratings including Dupont Bear Roebuck Mack Steel General Electric and similar issues. Steel in the Mahoning valley shows improvement while Mesabi ore shipments hit records and auto registrations rise. Traders foresee continued upward movement after the corrective phase with call money steady and Studebaker hitting new highs amid broad industrial strength.
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Bears Roebuck
Mack, Steel
Can
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Theas
Business News
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Duluth
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OM and
Gas Journal
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Paniewate
Studebaker
Livestock prices and receipts from Chicago and St Paul markets
In Chicago bids show mixed cattle and hog values with steady to uneven trends. Hogs ranged around 12.3 per hundredweight for most weights. cattle receipts include fed steers and yearlings steady to lower, light weight steers active, calves around 10 to packers. Sheep and lambs show varied quotes, with clipped lambs around 12.60 to 13.50 and a light, mixed offering. ST. PAUL reports steady conditions for fed steers and yearlings, lighter supplies, and mixed calf and hog receipts with similar price patterns.
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the Associated Press
Market Summary of Cattle Hogs and Sheep Across Cities
Receipts show hogs around 11.75 with varied rates for packing and feeder pigs. Cattle and calves in Portland and Denver show slow to steady demand with steers around 7.50 to 8.50 for mid grades, calves 8 to 12 dollars, hogs 11 to 13.75, sheep lambs 7.50 to 13.50, and yearlings shifting modestly. Los Angeles reports 1,000 cattle and 700 hogs with steadier prices, while Sioux City notes slower beef with steady stockers and lower canners.
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