Market frenzy as new week opens and trades surge
New York June 6 market brief reports brisk activity with widespread selling and gains offset by volatility. Large volumes, diverse sectors, and mixed futures highlight a tense session as United States Steel hits a two year high and bonds and oil prices move. Foreign exchange remains firm with Britain and France showing demand while money rates edge higher amid cautious sentiment and merger chatter.
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Bethlehen
Lackawrnna
United States Steel
Unk
Tonpu Exchange
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Accond
Bnid
Vctory
Victory
Wheat prices ease as market eyes lower Liverpool quotes
Grain report notes the Wheat futures drift lower amid expectations of cheaper Liverpool quot.es and rising domestic supply. Afternoon trading showed mixed moves with wheat 1 to 2 percent off, corn and oats mirroring the trend as traders cite harvest prospects and demand softness.
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Associated Press
Eharls
Kansas
Liverpool
Missouri
Piorham
Outbursts of Everett True field notes on grain markets
Grain and livestock market wire from Minneapolis and Omaha reports with prices for corn rice barley oats and wheat. Includes No 2 white and yellow corn bids, barley and rye figures, and cattle hog lambs receipts and prices. Mentions Portuga Lisbon population around 50 000.
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Minneamhis
Associated Preas
Minneapolis
Jones
Northern
Bae
Livestock market receipts and prices across several grades
June livestock market reports show receipts totaling thousands across cattle, hogs, and sheep. Beeftype steers reach 9.50 to 9.75 per cwt with higher weights, hogs fetch up to 10.80, lambs around 13 and 8 to 11 for seconds and native lambs, with varied prices for butcher cows, vealers, and sows. Strong demand keeps many categories steady to higher amid active markets and notable averages.
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Paul
Darea
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Mute Bologna Bults
Fk Bulk
Nackers
Moxs
Ecelpta
Ulrang
Kishor
Pulse of Business Gasoline Outlook and Auto Output Rise
The report notes U S passenger cars and motor trucks total over 30 5 million per latest census by the National Automobile Chamber of Commerce. It forecasts 800000 passenger cars and 30 for a year’s production with optimism for gasoline demand likely to exceed 6 million kiloliters domestically and abroad. Ford breaks a record turning out 4876 cars and trucks in a day as Ford has produced 6 million cars since starting. Mexican oil fields produce about 250000 barrels weekly versus 4 43 million in the U S.
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National Automobile Chamber of Commerce
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Ieadingy Steel
Ford
Henry Ford
Detroit
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