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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 19, 1941
Page
10
New York markets show mixed stocks as war news drives a cautious rally. Bonds vary, foreign exchange flat. cotton steady, sugar uneven. metals quiet with steel ingot pace. wool tops at ceiling levels. In Chicago futures wheat and corn slide on hedging while hogs and cattle weaken. Kansas City notes lighter livestock and mixed cash grain prices across cereals and oats.
Wheat futures edged down with prices near yesterday's levels as market awaiting Washington price controls. CCC repurchase plan and Missouri mill purchases of 670000 bushels affect supply, with notes on open interest and futures volumes. Kansas City and Chicago quotes listed for Dec and May contracts across wheat corn oats soybeans rye and fats.
Local markets show wheat at 1.10 and new yellow corn at 64 with oats 44. Butterfat numbers 133 and 230 listed. Poultry prices include hens light at 11 and 4 to 5 pounds at 14 to 16. hogs at 10.60. Chicago potato market notes arrivals 77, on track 238, U S shipments 734, supplies moderate, demand fair, market stronger but unsettled. Idaho Russet Burbanks at 12.60 75, Nebraska Bliss Triumphs at 12.40755, Colorado Red McClures at 12.30, with Minnesota and North missing details.
Slightly cloudier Far East news cooled a rally as Japanese raids on Manila and Malaya sparked caution. Stocks fluctuated with steels and rails modestly up while many leaders fell back. government controls restrained buying. Cotton rose late, up 40 to 50 cents a bale.
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