Stocks Retreat After Profit Taking Amid Monday Rally
New York shares rose earlier but slipped late as profit taking trimmed gains. Volume reached about 2.6 million, finest since November 7, with steel and motor stocks leading a continued rally while aircrafts moved to the front. The Dow Jones average fell 1.00 to 100.60 as industrials, rails and utilities slipped, marking the first drop after a period of gains. The American Stock Exchange showed irregular trading on lighter volume.
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New York
Associated Press
American Stock Exchange
Hogs Bring Steady Prices at Indianapolis Market
Hog prices moved 25 cents higher in active trading at Indianapolis sales. Receipts totaled 11 000 hogs with No 1 to 3 250 pound barrows and gilts selling 17.25 to 17.50, many loads at 17.75 and a double deck under 220 pounds at 17.85. Sows rose to 13.50 to 15.50. Cattle receipts reached 3 000 with 1 000 lambs. Highway taxes show 1955 collections around 7.3 billion from motorists and 2 billion from trucks.
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Muncie
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Riter
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Delaware
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Trom
Soybeans and agricultural markets show gains and activity
Market round up notes soybeans advancing modestly with crop outlooks. Wheat, corn and oats fluctuated. soybeans held early gains amid forecasts of little moisture in key states. Prices for soybeans, oil and meal cited along with hog and cattle figures and legal notices about claim filings.
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Board of Trade
Weather Bureau
Nebraska
Kansas
Oklahoma
West Tex
Muncie Livestock Market Report and Notices
A broad livestock market summary from Muncie includes hog and cattle prices with top figures for steers and heifers, plus notices of appointments, probate, and public business. The report lists hog and cattle ranges, sale totals, and pending legal actions amid auctioneers and local officials.
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