Market Rally Fades After Early Bull Run
The stock market opened with a brisk rally sparked by wartime headlines but momentum faded, with initial gains of up to four points trimmed by midday. Turnover reached 754,140 shares, the largest since June 10, as investors weighed war-related optimism against risk. The Associated Press average rose 0.4 to 41.8, while rubber futures trading paused to study a federal plan to curb Far East imports and cut civilian use. Steel mill output rose toward a 99.9 percent capacity mark, offering a rare bright spot.
MENTIONED IN THIS ARTICLE
Bernard
O'Hara
New York
Stalin
Fuehrer
Associated Press
Commodity Exchange
Far East
Cattle Hogs and Sheep Markets Reported at South St. Paul
On June 23 at South St. Paul cattle sales totaled 5 300 with calves 5 500 and steers yearlings steady while cows weakened. Hogs 5 500 sold with prices 115 to 120 for top lots and sheep 500 sold with lambs around 11 50 and ewes up to 4 50.
Sugar market steady as refined sugar unchanged
New York June 23 refined sugar held steady at 5.050 a unit on the market basis.
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New York
Foreign exchange rates and premiums for Canadian and British currencies
The New York noon foreign exchange table shows the Canadian dollar under the U S control board with a 10 percent premium to buy and 11 percent premium to sell. Open market quotes put the Canadian dollar at 114 percent discount or 88.50 U S cents. British rates show official buying 4.02 and selling 4.04, with open market cables at 4.0314.
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Foreign Exchange
New York
Great Britain
Canadian Control Board
U. S
Great
Britain
Bankers Foreign Exchange Committee
Portland Grain Market Report Nets Mixed Wheat Futures
Portland grain prices show wheat futures at September around 90 percent amid cash grain quotes for oats No 2 white 28.50 barley No 2 B W 26.00 corn No 2 B V shipment 32.75 flax No 1 1.90 percent. Cash wheat bids range from soft white 94c to 1.16 for Baart 14 percent. Car receipts list wheat 42 barley 0 flour 13 corn 2 oats 0 hay 0 millfeed 1.
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Portland
Ore
B. W
Chicago Dairy Prices Reported With Varied Receipts
Chicago June 23 butter receipts show a creamery at 93 score and 37 cents, with multiple price lines from 92 to 88 scores ranging 34 to 37 cents. Eggs receipts total 23,888 with local graded grades and car lots pricing from 26 to 27 cents.
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Chicago
Livestock markets report from Denver cattle hogs prices
Denver cattle receipts total 3 000 with calves 400 and heifers up to 10 25c higher. Steers and cows mixed bids, vealers attaining 13 50 to 14, hogs active 25 to 40c higher with butchers 10 75 to 10 90, highest since October 1937.
Market Report on Idaho Livestock Prices
Sows trade at 9 to 9.75 dollars with light weights around 10. Sheep normal to fully steady. total 5,000 head with 4,400 salable. Idaho shorn sheep opened steady to firm. no spring lambs sold. bids higher on demand.
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Idaho
Butte Hog Market and Food Adulteration Findings
Butte hog market quotes hogs by weight class with prices from 9c to 10c and down to 6c for extras. Tests for adulteration reveal wax in lard sulphur in barley maize starch in mustard sand in mixed spice cinnamon zinc in cider ice cream and rice in flour and starch in suet.
Chicago Potatoes Market Report Hits Various Regions
Potatoes arrivals 184 on track 410 to total U S shipments 626 Saturday 66 Sunday new stock liberal demand for California Long Whites slow market weaker Southern Triumphs best quality demand fair Alabama washed Triumphs firm Oklahoma and Arkansas unwashed Triumphs weaker California Long Whites U S No 1 2 2 30 Idaho Bliss Triumphs U S No 1 2 2 15 Arkansas Bliss Triumphs U S No 1 1 50 2 15 Oklahoma Bliss Triumphs U S No 1 1 50 Mississippi Cobblers good quality 1 40 Alabama Bliss Triumphs U S No 1 2 35 2 45 old stock supplies light demand light market steady rime Russel Burbanks U S No 1
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Chicago
USDA
U. S
California
Southern
Alabama
Oklahoma
Arkansas
Idaho
Bliss
U.S
Arkansas Bliss
Oklahoma Bliss
Mississippi
Alabama Bliss
Rime Russel Burbanks
Light Steers in Broad Demand in Chicago Market
USDA report shows salable cattle 15 000 with light weight steers and yearlings in good demand and steady to higher hog prices around 25 cents, top hog price $10.75. Cows bulls steady, sausage bulls and cutter cows weaker. stock cattle scarce. Sheep and lambs mixed with better spring lambs up 25 to 35 cents and shorn lambs around $9 to $9.50. Demand broad though heavy cattle limited above 1500 pounds.
Omaha Market Report Shows Mixed cattle and hog bids
OMAHA June 23 cattle sales show 8 000 salable calves 250 yearling feeders active steady with larger weights weak bids medium to good yearlings and steers 1050 lb bring 9 50 to 10 65 heifers 10 25 to 10 50 cows slow bulls steady good to 8 50 dealers weak to 50c lower stockers active 10 60 to 11 top heavy loads at 12 25 hogs 5800 salable 9700 total opened slow then fair activity butchers 25 to 40c higher top 10 75 180 300 lb 10 50 to 10 75 310 375 lb 10 35 10 50 others 10 40 to 10 65 good sows 9 90 to 10 10 sheep 3150 salable 4800 fat lamb bids up 25c with bids 11 75 for natives and Rangers ewes 4 down feeding lambs strong few native lots 9 75 to 10 00
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South ST. Paul
USDA
Denver
Chicago
Omaha
Seattle
Spokane
Market Report Seattle Livestock Prices and Receipts
Seattle market update shows cattle receipts at 270 with cows down 75 cents and steers and cows prices mixed across grades. Hogs receipts 620 with sows steady and other hogs advancing 75 cents, lambs and yearlings mostly lower as demand remains fair. No sheep receipts reported.
Cattle and Hog Prices Steady as Market Reports Show Slight Gains
Spokane cattle receipts total 652 with mostly steady quotes across grades. Steers, heifers, cows, and bulls hold firm with light gains for hogs and steady sheep figures. lambs fetch 9.50 to 10. Take note of prices for good to choice grain fed cattle and feeder calves, as well as sows and feeder pigs.
Metal Prices Report From New York Market
Copper steady at 11 12 cents per pound ex port. Tin firm at 53.12 2 cents forward 52.62. Lead steady 5.85 5.90 cents. Zinc steady East St. Louis spot 17.25. Pig iron No. 2 Eastern Pennsylvania Buffalo 24 Alabama 20.38. Aluminum virgin 99 percent 17 cents. Antimony Chinese spot 16.50. Quicksilver 188. Platinum 36. Chinese wolframite 25.26. Domestic scheelite 24 cents.
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Alaska Juneau
Samwees
Allied Chem
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One Am
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Ceeeee
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Eitioness
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Wat. Wks
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Atlantic
Cnrccmr
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Boeing
Aie
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Borg & Want
Aati
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Enn
Saneyids Au
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Ieitisense
Cerro de Pasco Eeee
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Chrysler
Eeneeeneneenes
Congol. Nairn
Cop
Edison
Corioes Nic Copersterscenens
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Deere Co
Detroit Edison
Doug
Onan
Dupont Ao Ene Ene
Oenes
Eastman Kod’k
Eaton
Monweree Eng. Pub. Serv Waereses
Firestone
Focasalaes Ae
Incentin Witsedoersaneens
Anette Erneeneessereneee
Houston Oil
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Ccceee Gs
Illinois
New York
East St. Louis
Pennsylvania
Buffalo
Alabama
Curb Reflects War Turn In Market Gains
U P reports curb stocks rising over a point amid weekend war developments but overall trading volume stayed light. Gains featured American Cyanamid B New Jersey Zinc and Sherwin-Williams Paint. Aluminum Ltd and Humble Oil rose fractionally. Aluminum Company of America fell over two points.
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New York
U.P
American
New Jersey Zinc
Sherwin - Williams
Aluminum, Ltd
Humble Oil
Beech Aircraft
Brewster
Aero
Electric Bond
Breeze Corporation
Molybdenum
Standard Oil
Kentucky
Aluminum Company of America
Wheat Surges On War News With Record Opens
Wheat prices jump as war dynamics between Germany and Russia drive bullish trading. July wheat hits 1.0414 dollars, December 1.08, with corn and soybeans also rallying to multi year highs. Traders weigh crop destruction risks and lend lease implications for Russian grain shipments.
MENTIONED IN THIS ARTICLE
Franklin Mullin
Chicago
Germany
Russia
Pacific Northwest
Wool futures rise on active buying in New York market
Active buying through commission house accounts and trade covering pushed wool tops futures up more than 20 cents a pound in New York. Demand focused on the October and December contracts with bullish war outlooks and strength in other markets. Grease wool sales limited to 6,000 pounds with futures up 0.5 to 0.8 cents.
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New York
Commission House
Grain receipts and prices at Minneapolis market
Minneapolis reports 607 wheat cars received today, 126 a year ago. Trading basis unchanged with July 1 cent under to 2 cents over. Cash prices list No 1 heavy northern 1.025% 1 No 1 dark northern 1.024% 1 No 2 1.015% 1 No 3 0.995% 1.01. No 1 hard Montana 1.055% 1 No 3 dark hard winter 0.95% 0.96. Hard amber durum No 1 0.89 0.97. No 1 red durum 0.847. Corn No 3 yellow 0.64 0.67. Oats 0.344 0.34. Barley 0.44 0.58. Rye No 2 0.564 0.59. Flax No 1 1.87 1.98. Sweet clover seed 4.00 4.50.
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Minneapolis
Montana
Minnesota
Minneapolis Flour Prices and Shipments Report
Minneapolis price report lists flour in carload lots per barrel for 98 pound cotton sacks with family patents up 25 cents to 6.75 to 7.00 and standard patents up 10 cents to 5.45 to 5.65. Shipments totaled 15 675. Pure bran priced at 21.50 to 22.00.
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Minneapolis
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BY Brandon Walsh
Jim
Little Annie Rooney
Wisdom OF
Solomon
Captain Jim
Mrs.jim