New York Stock Market Dims In Slow Summer Session
The New York stock market drifted lower in a listless session as thin volume and slow pace reflect a near-holiday mood. The Dow fell 2.64 points to 681.95 while the S and P 500 slipped 0.07 to 64.52. railcar loadings and auto production forecasts weighed on sentiment.
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Chicago Hog Prices Surge to Four Month High
Chicago hog market moved up 25 cents on Thursday reaching the highest level in over four months. Top butcher hogs 190 to 230 pounds brought 18.75 to 18.85 dollars, with 6,000 head total and 1,000 fewer than expected. Sows steady to 25 cents higher.
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Market Drought Lifts Grain Prices Amid Dry Weather
Wheat and corn futures rise on Chicago Board of Trade as Western Canada and U.S. Plains report hot, dry weather and grasshopper infestations. Wheat May and July touch season highs while soybeans advance with other grains. several large industrial firms trade hands in a broad market session.
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Grain and Livestock Prices From Indianapolis Market Update
Local grains and livestock demand show mixed prices with No 2 red wheat around 1.69 and corn near 0.92. Hog and cattle quotes vary by weight class, with steers and heifers in the low 20s and hogs 16 to 18 dollars, while lambs and calves fetch higher values. market closes at 2:00 p.m. and some inventory may roll to next day.
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Cuban Foreign Minister Raul Road greeted by Mexican crowd
In Mexico City the Cuban Foreign Minister Raul Road stepped from a plane to an applauding crowd. He waved and smiled before realizing the warm reception was for Mexican actor Jaime Fernandez. Red faced he left the airport in a huff.
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Teacher Shortage Looms As Fall Classes Increase
United Press International reports a projected 138000 teacher shortfall this September with larger classes and many underqualified instructors. States face uneven salaries and recruitment raiding, while New York Connecticut and Oregon struggle to fill elementary and language positions.
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U S Locks 34 Million Aid for Australian Guided Missile
Australia receives 34 million dollars from the United States to subsidize the development of a guided missile project, announced by Defense Minister Athol Townley on Thursday. A separate note says a modern factory can process about 6,000 tons of sugar beets in two days.
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