Buying Stimulus Calms Turbulent Stock Market
New York June 28 Heavy buying soothed a war jitters market after a two day slump. Leading issues gained about four a share amid a brisk but lighter turnover. The Associated Press average of 60 rose to 75.4 as National Fuel Gas and Niagara Hudson Power led among gainers with 390000 shares traded.
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Wool Clip Sells for 687-8 Cents Per Pound
The Montana agricultural experiment station wool clip sold Tuesday afternoon in Livingston to Dewey Gould & Co. of Boston for 687 8 cents per pound. J L Van Horn and Curtis Hughes of Montana State College announced the 3,000 fleeces in the 1950 clip include Rambouillet, Targhee and Columbia breeding, with sheep grazed on the experiment station range ten miles north of Livingston.
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Columbia
Lead Price Reduced Half Cent Pound
A leading custom smelter cut the price of lead to 11 cents a pound in New York on Wednesday, the second reduction since June 23 when it stood at 12 cents. The note mentions U S usage of manganese in steel production.
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New York
Spokane Market Report cattle hogs and sheep summary
Spokane reports cattle salable 175 calf 60 with fair activity and firm slaughter classes. Stock steers weak to 1 dollar less. good steers up to 30. heifers to 29. medium cows to 21. good bulls to 22. calves steady. hogs 75 with 25 to 50 cent rise and 200-210 lb hogs at 22.25 to 22.50. sows 16.25 to 18.50. feeder pigs 21.50. sheep none offered.
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Minneapolis Flour Prices Mixed Amid Market Notes
Minneapolis reports varied flour prices with 100 lb cotton sacks at 680 dollars, standard patents at 5.70 a sack, and shipments totaling 35 040. Standard braw unchanged at 48.50, standard middlings up one dollar to 57.50, Red Dog up one dollar to 61.50.
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Minneapolis
Thousands Join Gold Star Hospital Plan
Thousands enroll in the Gold Star Hospital Plan to cover medical and surgical costs beyond other insurance. Eligible everyone aged 3 months to 80 without medical exams, with enrollment via Combined Insurance Company of America at 410 West Granite or by phone 7702.
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Sioux City Livestock Market Report
Siou x City livestock data show cattle and hog prices with movement at steady to higher levels. Cattle: steers up to 31 dollars per hundredweight, heifers to 28, cows steady around 18 to 22, bulls around 23, stockers slow. Hogs: most categories 25 to 50 cents higher, top about 20 to 20.50, light weights strong. Sheep: native spring lambs weak to 50 cents lower near 27.
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Sioux City
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St. Paul Live Stock Market Report Insight
Livestock prices show cattle and calves firming with gains to 50 cents for select steers and heifers. Cows and bulls steady to higher amid light supply. hogs bid up to $20.25 for 190-240 pound barrows and gilts. Sheep supply light and prices essentially steady.
Grain receipts and prices at Minneapolis on Wednesday
Grain market notes show wheat receipts for Wednesday and trading basis steady to lower. No. 1 northern and dark northern cash prices range around 2.30 to 2.31 dollars, with various protein levels listed. Corn, oats, barley, rye and soybeans prices also provided for immediate or arrival delivery.
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Chicago Market Update Butter and Eggs Steady
Chicago reports butter and eggs at steady levels with wholesale selling prices unchanged. Butter receipts total 624,543 pounds and eggs receipts reach 12,817 units as of June 28.
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Market Quotes Snapshot From Spokane and Northwest Lists
Spokane Market First Bank stock bids 20.25 and asks 21. Northwest Banco bids 30.50 and asks 32. Montana Power bids 115 and asks 117 with $6 billion flagged. North Butte Mining bids 41 and asks 50.
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Wool Tops and Futures Steady in New York Trade
Wool tops and wool futures held steady in New York trading. Estimated wool tops sales reached 270000 pounds with wool futures at 78000 contracts. Futures closed 1.5 to 2.8 cents higher while tops futures rose 3.0 to 4.0 cents with several bids listed for July October December and March. Certificated spot wool figures noted at 154.0 and 205.0 respectively.
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