Markets Wall Street steady with undercurrent of recovery
The Associated Press reports a quiet session on Wall Street with a mostly downward drift yet a notable recovery signal in late trading. Prices fluctuated within fractions to about one point, volume near 1.19 million shares, with steels showing modest gains as labor talks neared. Higher movers included U S Steel, Chrysler, Southern Pacific, Douglas Aircraft, and Bethlehem Steel, while General Motors, International Harvester, and American Smelting declined. Government bonds were quiet and slightly lower.
MENTIONED IN THIS ARTICLE
Wall Street
Associated Press
New York
VU. S. Steel
Chrysler
Southern Pacific
Douglas Aircraft
Bethlehem Steel
General Motors
International Harvester
American Smelting
U. S
Livestock Prices at National Stock Yards June Report
Hogs 11,000 head. weights 180 to 315 lbs with gains 25 to 50. Light weights and sows 25 to 50 higher. Prices range from 18.25 to 21.75 for various weight cuts, with sows mostly 18.50 up and boars 13.50 to 15.50. Cattle 2,500 head. calves 1,300. trading slow. Steers and heifers 30.00 to 33.00, some loads 32.00. Cows 16.50 to 25.00, bulls 24.00 to 26.50, cutters 20.00 to 22.00. Dealers steady. primes 38.00. utility/commercial 22.00 to 29.00.
MENTIONED IN THIS ARTICLE
Associated Press
National Stockyards
USDA
Strawberries Market Steady on Strong Stock Report
Associated Press reports Chicago market activity for strawberries with good stock levels. Arrivals from California Minnesota and Indiana sold in 24 crate lots at prices ranging from 8 to 10 dollars, with several varieties and quality tiers noted, mirrors steady demand and mixed quality figures across crate sizes and sales channels.
MENTIONED IN THIS ARTICLE
Chicago
USDA
California
Indiana
Chicago butter and egg market round up
Chicago June 3 butter markets show barely steady trading with receipts 1,172,298 and wholesale prices mostly unchanged. 92 score A cent higher per pound, 93 AA and 92 A at 68 cents, 90 B 65.25, 89 C 64.5. Eggs firm with receipts 9,622, prices: U S exerts 39, U S mediums 36, U S standards 34, current 32, dirties 30, checks 29.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Chicago Poultry Prices and Receipts Report
Chicago poultry market report from June 3 notes steady live poultry with receipts of 1,705 coops. Prices unchanged for F.O.B. paying. heavy hens 23 to 26 cents, light hens 19 to 20, roosters 33 to 34, fryers or broilers 28.5 to 30.5, old roosters 18 to 19, ducklings 29.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
USDA
Produce price list from St. Louis market excerpt
The June 3 market report from St. Louis lists produce and live poultry prices. Eggs are shown with standards 33-34 and unclassified 3042-3143, no grades 27-30. Fowl prices cover heavy breeds 19-20, leghorns 1642-17, commercial fryer, roaster, and broiler crosses and White 27-29, Commercial Reds 26-.
MENTIONED IN THIS ARTICLE
ST. Louis
Wheat and Corn Prices at Chicago Cash Market
Chicago cash grain report shows no cash wheat. Corn prices listed: No 4 mixed 1.79 to 1.81, No 2 yellow 1.84 to 1.85, No 3 1.77 to 1.84, No 4 1.80 to 1.844, No 5 1.71 to 1.78, sample 1.30 to 1.14. Oats none. Barley bid 1.28 to 1.65 for feed 1.20 to 1.30. Soybeans none.
Oil Strike Loss 50 Million Barrels Estimated
Chicago June 3 A Standard Oil Indiana official said the recent oil strike cost the nation about 50 million barrels of oil products. Dr Robert E Wilson chairman said the country shifted from a surplus of 10 million barrels to a deficit of 40 million barrels with roughly half the shortage in gasoline.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Robert E. Wilson
Standard Oil Company
Indiana
Free price system could ease dislocations say expert
Dr. Wilson told the purchasing and stores division of the Association of American Railroads that a free economy with flexible prices would better handle dislocations. He argued that current price freezes hinder automatic supply and demand adjustments across regions and products. He urged higher prices to activate refinery capacity currently unprofitable under ceilings.
MENTIONED IN THIS ARTICLE
Dr. Wilson
Association of American Railroads
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