Markets Turn Bearish As Wheat Rush Hits Chicago
Chicago trading shows a broad bearish tilt as a large wheat influx weighs on prices. Dec wheat slides to 97 3 4 cents, May to 100, corn and oats fall, while pork lard and rib futures vary. Pittsburgh cattle and hogs steady to higher, New York stock market gains tempered by merger denial fears, United States Steel and other blue chips slide late.
MENTIONED IN THIS ARTICLE
Chicago
Northwest
New York
Baldwin
Midvale Steel Company
Studebaker
Continental Can
Can
United States Steel
Oil City Market Report Shows Large Oil Stocks
Oil City report notes foreign exchange activity with total sale of 520,000 shares led by Stude Baker United States Steel and Baldwin Locomotive. Credit balances at 1.75 with runs 62,144, shipments 61,194 and averages around 42,599.
MENTIONED IN THIS ARTICLE
Nese
Stude“baker
United States Steel
Baldwin Locomotive
Oil City
Trade conditions show gains despite milder weather
Dun's Review notes retail demand remains firm as milder weather fails to lessen buying. reports from principal centers and gauges confirm movement, with bank clearings outside New York still surpassing last year and railroads indicating ongoing activity.
MENTIONED IN THIS ARTICLE
New York
Dun
War boom drives broad industrial upturn across the nation
Earnings rise and commodity prices climb as commercial borrowing funds trade expansion. Industrial areas show faster growth, especially war supply production, with gold imports surging alongside record exports. Wages rise, boosting demand for clothing and food as full employment spreads from East to West and South. Agricultural success and higher cotton prices support continued prosperity, while firms lock in plans with growing confidence for the future.
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Herato
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