Rain Signals and Soybeans Support in Wheat Market
Traders faced rains in Texas and expected moisture in Oklahoma and Kansas as wheat futures dipped 1½ to 2% while soybeans led a late rally. Old crop deliveries and talks of acreage shifts to soybeans amid a delayed spring kept markets unsettled with bids and quotes from Chicago and Texas exchanges.
MENTIONED IN THIS ARTICLE
Texas
Oklahoma
Kansas
Nebraska
Missouri
Kansas City
Iyon
Stock Market Drops After Late Widespread Selloff
The York market declined sharply as late selling hit many issues. Volume surged to 2.25 million shares while radio television issues weakened. Industrials fell, utilities slipped, and rail stocks slid, with 585 issues down and 336 up.
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York
Associated Press
Cotton Decline Pressures Futures and Weather Impacts
Cotton futures fell 30 to 60 cents as pressure mounted from hedging and loan concerns. Prominent merchants hedged about 10,000 bales amid a sharp spot market drop and strong new crop expectations. Weather in Texas and the central belt delayed plantings yet improved soil conditioning in the east.
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Emphis
Nso
Central
Texas
Pan BR
New Re
Bates
Petene Ee
Dee
Peucus Ct
Texas militia leader Felix Huston and the 1836 raid
This Day in Texas recounts Felix Huston leading about 500 Mississippi volunteers to Texas on May 3 1836 seeking rights. Though the war ended before battle Huston remained in Texas later becoming army chief invoking a clash with Albert Sydney Johnston and serving until his 1840 Plum Creek fight before dying in Natchez Mississippi in 1857.
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Felix Huston
Texas
Huston
Lamar
San Antonio
Rio Grande
Sam Houston
Albert Sidney Johnston
Johnston
Cattle and Hogs Steady but Mixed Markets Reported
Cattle ranges show most classes steady with good and choice calves around 27 to 29 dollars in Texas markets. Sheep and goats hold with feeder lambs near 17 to 18 dollars, while hogs open higher in some areas but steady overall. Chicago and New York reports reflect flat to mild gains across livestock sectors.
MENTIONED IN THIS ARTICLE
Pias
Pias Erin
Choice Agers Fame
Chicago
House Group Accepts Big Bend Land Bill
The House Public Lands Committee approved a bill to authorize Interior to acquire about 8000 acres of remaining federal land in Big Bend National Park Texas. The measure has support from state and county governments and was reported on a Tuesday in Washington.
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Washington
Interior Deciars
Big Bend Nations Park
Texas
House Public Lands Committee
Regan
D-Tex
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