Grains Active On War News
Chicago December grain market rose broadly on the board of trade with gains in wheat soybeans and lard as exports to western Europe were expected to rise under Truman aid plans. Spearheaded by higher futures, profits trimmed but major grains held gains with December soybeans at 3.07 and lard up to 18.40.
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Chicago
Board of Trade
Western
Europe
Truman
Soviet
Russia
Italy
Toronto
War Baby Stocks Rise as Armament Call Spurs Market
New York December 16 War baby stocks led gains after President Truman called for arms expansion. Aircraft, textiles, steels, motors and rails were top movers as trading surged with volume around 1.5 million shares. Grains cotton and livestock joined climbs on eased rail disruption, with rails and allied issues attracting strong backing.
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New York
Truman
Exchange
Dow Jones & Co
E. F. Hutton & Co
New York Stock Exchange
Incl
Raite Util. Stcks
Douglas Aircraft
United Aircraft
Lockheed
Grumman
Consolidated Vultee
U. S. Steel
General Motors
Chrysler
Rail Bond Market Active Amid Mixed Trends
Rail bonds attracted buyers in a short market while other leading groups stayed idled in a narrow range. Favored rails rose about two points with interest driven by a recent strike ending and hopes railroads will lead in Truman’s rearmament plan. Notable issues included Southern Pacific convertible 3s and Missouri Pacific 51s. Socony Vacuum 2%s and American Telephone 3%s fell slightly. No government bond activity and little foreign loan interest observed.
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New York
Truman
Southern Pacific
International Great Northern Adjustment
Missouri Pacific
American Telephone
Chicago Livestock Market Quoted Steady Amid Strike
Hogs cattle and sheep quoted nominally steady on the Chicago market. Hogs trade ranges 17.50 to 13.65 with weekly gains for heavyweight animals despite heavy receipts and a railroad strike. Cattle demand firm for top quality. prime steers up about 1.00, cattle receipts among the year's largest with rail disruption affecting late trading.
Livestock Market Prices for Various Weights and Grades
Weekly market report shows feeder steers and heifers trading from 23.75 to 37.00 per cwt with weights 850 Ib up mainly 26.00 to 31.50. yearlings 32.00. hogs for week steady to 25 lower, top 18.40 for 190-220 Ib, 18.25-40 for 180-260 Ib. 270-310 Ib 18.90-25 with sows 360 Ib down 16.25-17.00 and heavier 15.00-16.00.
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Kansas City
USDA
Nebraska
Metal Market Prices Roundup in New York Trade
Spot non ferrous metal prices today show copper at 24 cents a pound in Connecticut valley lead at ? cents a pound in New York zinc at 17 percent cents a pound in East St. Louis tin at 1.46 dollars per pound in New York
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Washington
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Clear
Weather Bureau
Connecticut Valley
East St. Louis
Unclear OCR financial table fragment from rail or stock report
Fragmented OCR line shows percentages and codes for multiple entities, including B&O and Western lines, New York Central, So Pac, West Union, and drip of numbers. Content unreadable and lacks coherent news event or narrative.
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