Grains Swoon as Markets React to Moisture Report
Chicago May 17 grains weakened on selling amid reports of moisture in prairie regions. Wheat slipped 1.5 to 3 percent, oats and corn fell modestly, soybeans down 2 to 3 percent, and rye bled around seven cents. Government cash wheat price in store at the Gulf cited. CCC offerings noted as futures declined.
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Chicago
America
Gulf
Commodity Credit Corporation
Winnipes
Prairie
Fort Worth
Texas
Texas Gulf Ports
New York Cotton Futures Close Steady on Narrow Movements
Cotton futures in New York ended essentially unchanged amid tight price moves and hedge liquidation near the close. July slips modestly while October and other months show varied activity as traders weigh spot demand and next crop loan expectations.
Stocks End Rise After Fifth Day
United States stock markets posted small declines across many utilities after a fifth straight session of gains. Major issues including some utilities hit year highs while others fell, with turnover around 800000 shares for the day and notable action in Electric Power & Light Company following a Supreme Court decision. Bulls remained cautious and mixed in the broader session.
MENTIONED IN THIS ARTICLE
New York
Supreme Court
Electric Power & Light Company
Electric Power & To Common
Cincinnati Gas
Ohio Edison
American Power & Ht
E Associated Press Averag
US Steel
Bethlehnem Steel
Inland Stee
Chrysler
Studebaker
Montgomery Ward
American Smelting
Phelps Dodge
American Can
General Eledric
Dow Chemical
J. C. Penney
Radio Corporation
American Woolen
Southern Pacific
Richfield Oil
Standard Oil (Nj
Texas Company
20Th Century-Fox
General Motors
Goodyear
Woolworth
Union Pacific
American Airlines
United Airlines
Cues Service
Electric Bond & Share
Creoe Petroleum Advanced
Godchaux Sugar “B
Michigan Sugar
Pancoastal Oi
Knott Corporation
Cattle Market Prices Steady and Hogs Active Across Regions
San Antonio reports cattle and calves generally steady with some classes firm as limited receipts constrain action. Fort Worth notes cattle and calves steady. hogs active with top prices around 18.25 and beef weights steady to higher. Chicago shows slower hog trade with declines. cattle and calves mix of gains and steady tones across markets including sows and feeders.
MENTIONED IN THIS ARTICLE
San Antoneo
Fort Worth
Chicago Livestock
Chicago
USDA
Corsicana Men Missing After Weekend Squirrel Hunt
J A Glass aged 33 and J J Munn aged 22 from Corsicana disappeared after leaving at 4 a m Sunday for a squirrel hunt near Blooming Grove. Their 1937 Ford is unrecovered. Relative Clyde Anglin chartered a plane Tuesday to aid the search as police are notified.
MENTIONED IN THIS ARTICLE
J. A. Glass
J. J. Munn
Blooming Grove
Clyde Anglin
New York Wool and Cotton Markets Reported Strong
Wool tops and futures rose on aggressive buying influenced by private cables from Brisbane Wool auctions. Merino and crossbred wools led gains with spot and futures climbing, while cotton prices fell slightly in New Orleans markets with middling 15 to 16 inch cotton averaging 32.75 cents per pound.
MENTIONED IN THIS ARTICLE
New York
Au Cables
Brisbane
New Orleans
Landlord Bond Posted After Fatal Stabbing in Fort Worth
Fort Worth authorities say landlord Sylvan J. Stiles was released on a $5,000 bond after being charged with murder in the death of tenant James E. Morrison 48. The killing followed a rent dispute at Morrison’s apartment shared with his wife and two of their six children.
MENTIONED IN THIS ARTICLE
Fort Worth
Sylvan J. Stiles
Stiles
James E. Morrison
Morrison
Lima Area Shaken By Night Earthquake
An earthquake struck the Lima area at 2 30 a m Tuesday causing many people to flee their homes. Officials reported minor structural damage and no serious injuries as tremors rattled the capital and surrounding districts. Local residents described the shaking as strong and unsettling.
MENTIONED IN THIS ARTICLE
Lima
Peru
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