Chicago Grains Close Higher Amid Trade Talk Boost
Chicago grains finish higher as US and six European Common Market nations push a united trade stance led by optimism from West German Economics Minister Ludwig Erhard. Wheat volumes shift after a referendum, while soybeans, corn, oats, and rye show mixed gains amid liberal-substitute debate. The Gulf Stream’s flow through the Florida Straits is described as about a hundred billion tons per hour.
MENTIONED IN THIS ARTICLE
Ludwig Erhard
Erhard
Bonn
Geneva
Cora
Valery
Estaing
Hadiday
St Erhard
Chicago
Board of Trade
Congress
Florida Straits
Hogs and cattle futures move in uneven trading
The report notes mixed hogs with prices up to 25 cents higher across weight classes and cattle steady to higher on demand from buyers. Industrial stocks and market breadth cooled London close while rail and steel shares showed modest gains amid broader trading activity. Indiana employment data show 28 314 nonfarm jobs added in January through April.
50 Cent Gain Made By Hogs
Chicago AP reports hog prices jumped up to 50 cents per hundredweight with top at 16.50 as demand remained unusually strong for 6,500 head of hogs versus 6,000 last week. Prices for various grades ranged from 16.25 to 16.50 for 190 to 225 pounds, up to 16.25 for 1-3 grades up to 250 pounds, with heavier 2s and 3s at 15.75 and down. Slaughter steers held steady to weak with prime weights around 1,300 pounds at 24.50. other heavy cattle 23.50-24.25, and heifers 21-23.25. Spring lambs cleared at 23.50-24, near steady.
MENTIONED IN THIS ARTICLE
New York
Promis
Indianapolis
USDA
Steels
American Tel. & Tel. —‘Ltd
ac/Ark
Gas ‘Utility
Alcoa
Sealy Aerte Mader-C
Eastman Kodak
SN Etn
Ntemji
Iba
Excel-O
Sue Ford
General Bleeters
Motors Tilchinice
Goodyear
Ibi
Associated Press
Iynch Corp
Gowal
Parke Davis
Pennsylvania
Tndcisies
New York City
Radio Corp
Scateenetc
MIT
U.S. Dow Jones
Gulf Oil
U.S
Chicago
Inland Steel Introduces High Strength Steel INX 70
Inland Steel Co announced a new high strength steel INX 70 with a minimum yield of 70 000 psi, more than twice that of ordinary structural steel. Robert W Rost said its chemistry aids welding forming and fabrication and allows copper alloying for corrosion resistance, with higher cost offset by greater economy in construction.
MENTIONED IN THIS ARTICLE
Chicago
UPS
Inland Steel] Co
Inland
Robert W. Rost
Also Mentioned on This Page
U.S. Common Mart
Muncie Livestock
Chomson & McKinnse
Hgorce
Say
Emge
Indiana State Employment Service
Lal
Sczesny
West Cross ST. Anderson
Warkevitte
Wieners
Kraft Miracle
Nestles
Charmin
del Monte Seasoned
Nestles Toll House Cookie
R.E. Scruges
rGoodby & Co
Srmuggs
Exchange
Secon Idary
Sylvan Epstein
Reuben, Rose, & Co
Jerusalem
Herut
Israel
Franz Josef Strauss
Yancey's
U.S. Choice
Chief Anderson Bacon
Edge's
Rosedale
Carnation
del Monte
Butterfield
Yancey's Met
West 8Th St
Pepsi-Cola
Milnot Company
Litchfield
Illinois
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