Grains Rise on Board Soybeans Lead Morning Trade
Chicago brokers report moderate activity on the Board of Trade with soybeans hitting a seasonal high in the July contract. Corn futures showed strength as planting concerns and international uncertainty spurred short covering before the long weekend. Wheat, oats, rye, and lard also moved higher, with July soybeans near 3.10 dollars and July corn around 1.83 dollars.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Daily Weather Pollen Count Report
US Weather Bureau lists yesterday pollen grains per cubic yard in downtown area. Bermuda 1, rabbit bush 1, mesquite 2, Pine 1.
MENTIONED IN THIS ARTICLE
U. S. Weather Bureau
Bermuda
Market Summary Mixed Stocks and Commodities
Stocks mix with narrow price changes as bonds trade quietly. Cotton gains on house buying amid tension. Wheat remains firm with international demand. Corn stays firm while hogs rise and fall. hogs range up to 35 cents, down to 25 cents, top $22. Cattle steady to lower by 25 cents.
Hog prices top $22 as cattle and sheep trade steadies
Chicago market reports hogs breaking the $22 level with lightweights rising 25 to 35 cents and heavies steady to up 25. Cattle and calves show slow sales with few high moves in Chicago Kansas City and Los Angeles. Sheep trend steady to weak as prices peak on select lambs and feeder calves hold around mid twenty dollars.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
USDA
Los Angeles
FSMN
Trade and Commission House Buying Firmer Today
Active short covering in nearby July kept a firm tone in the market as demand for contracts rose due to Dallas reports of rain over east Texas and the gulf coast with scattered moisture in west Texas. Late afternoon prices showed gains with July at 38.88 and October 36.75 down to December 36.48 while futures closed 1.10 to 2 a bale higher than the previous close.
MENTIONED IN THIS ARTICLE
Trade and Commission House
Dallas
East Texas
Gulf Coast
West Texas
Ccvecvensess
Sosssee
Durf Sowerscncces
Sncca Sopeves
Fire calls rush through day to two city addresses
In the reported period 12:13 to 12:30 p.m. crews responded to a trash fire at 200 N Jacobus Ave by Engine 3 Eastside. Later at 3:09 to 3:21 p.m. Engine 4 Menlo Park was sent to 1016 W Alameda St for a smoking refrigerator motor.
MENTIONED IN THIS ARTICLE
N. Jacobus Ave
Eastside
W. Alameda St
Menlo Park
Metal Market Prices in New York and Other Cities
Spot non ferrous metal prices today show copper at 2445 cents per pound in Connecticut Valley, lead at 15 cents per pound in New York, zinc at 193 cents per pound in East St. Louis, and tin at 12115 cents per pound in New York.
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New York
Connecticut Valley
East St. Louis
New Social Security Benefit Formula Expands Payments
Harry Holland of the Tucson social security office announced a new formula using average monthly wages after 1950 for benefit calculations. The change can raise payments for some claimants, especially those retiring in 1953, but not all. Applicants retiring after 1952 should consult their local office for details at 2565 Scott Street.
MENTIONED IN THIS ARTICLE
Harry Holland
Tucson
Social Security Administration
Holland
Social Security Office
Social Security Administration Office
Scott St
Foreign exchange rates steady with minor changes May 29
The daily foreign exchange report shows Canada at 125 32 in New York, Britain at 2.78 13/16 for the pound, and several European and Latin American currencies largely unchanged. Key rates include Belgium franc 1.98, France franc 0.28, Holland guilder 26.35, Sweden krona 19.35, and Hong Kong dollar 17.60.
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Hastings Farmer Finds Wife With Chickens In Cold
A Hastings couple faced a cold snap after the husband forgot to order furnace fuel oil. He returned from town to find his wife seated in the brooder house with the chickens, guarding them against the cold.
MENTIONED IN THIS ARTICLE
Hastings
Mixed Narrow Price Changes in Light Pre Holiday Trading
New York markets opened with mixed and narrow price moves as trading stayed light before the holiday. Leads showed few shares moving more than a few cents with volume near 1 million, down from 1.13 million yesterday. Some issues like Loew's and Paramount hit new lows while others such as American Telephone and Dow Chemical rose modestly.
MENTIONED IN THIS ARTICLE
New York
Loew's
Paramount Pictures
Twentieth Century-Fox
Southern Pacific
Santa Fe
International Paper
General Motors
Goodyear
Boeing
Anaconda Copper
American Smelting
National Distillers
International Telephone
American Telephone
Standard Oil
Dow Chemical
Union Carbide
Philip Morris
American Can
Kennecott Cooper
Sapphire Petroleum
Venezuelan Petroleum
Canada Southern Oils
Pacific Petroleum
Calvan Consolidated
Eureka Corp
Standard Power & Light
McWilliams Dredging
Marion Power Shovel
Molybdenum
Anacon Lead
St. Lawrence Corp
U. S. Foil
Dry Goods Market Report May 29
Sales of cotton textiles were small today with some improvement in bag sheetings. The wool goods market was slow and rayon goods remained quiet.
Bond Market Irregular With Mixed Results On Sharp U.S. Rise
The bond market closed irregularly lower with U. S. government issues rising in over the counter trading. Long Treasurys fell in early action while some issues and industrials gained. several railroad and utility bonds moved, and a few issues showed declines as investors stayed cautious.
MENTIONED IN THIS ARTICLE
New York
U. S
Taiwan Electric Power
Kentucky & Indiana
Terminal Railroad of
St. Louis
Cincinnati
Jury Gets 79128 Injury Suit At YMCA Construction
Charles R. Cross former Chapman-Dyer Steel Co. employee sues H. L. Mc Coy and McCoy Construction Co. for 79128.90 alleging a steel column at the YMCA site on East Sixth Street May 8 1951 fell due to poor anchoring injuring his left foot. Damages include 75000, 2500 hospital bills and 1628 lost earnings. Trial before Superior Court No. 1 Judge J Mercer Johnson.
MENTIONED IN THIS ARTICLE
YMCA
Charles R. Cross
Chapman-Dyer Steel Co
H. L. McCoy
McCoy Construction Co
Cross
East Sixth Street
Superior Court No
J. Mercer Johnson
Protest Liquor License Transfer With 111 Signatures
A petition with 111 signatures filed with the board of supervisors opposes transferring a package liquor license from 510 N Fourth Ave to 4866 E Speedway. The petition argues no convenience or necessity would be served by the move.
MENTIONED IN THIS ARTICLE
Board of Supervisors
Fourth Ave
E. Speedway
Liquor License Transfer Sought For County Location
Owner of Scott's Liquor & Glassware seeks to move license from downtown to a county site. A month ago an application to move to East Broadway was protested.
MENTIONED IN THIS ARTICLE
Scott’s Liquor & Glassware Store
East Broadway
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