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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 01, 1955
Page
7
Chicago grain futures closed with modest moves as Wheat Corn Oats and Soybeans held within tight limits. New and old contracts showed mixed quotes with Soybeans trading around 2.36 to 2.38 a bushel and oats and rye showing varied margins amid quiet activity.
Eggs unsettled with 16,180 receipts. nearby whites top quality 48-50 lbs 556, mediums 434-4442, smalls 30-302. Butter steady to firm with 530,457 receipts and prices unchanged.
Market unsettled with moderate to heavy purchases. Farm prices paid for broilers noted in 2021 figures, reflecting variability in the local market.
Reports from Baltimore on cattle and hog prices show a mix of loads and weights. Slaughter steers 10.00 to 20.35 per cwt, calves up to 28.00 for top choices, and hogs ranging from 7.00 to 25.00 per cwt across weight classes.
New York stock market gains at noon push the AP average to 181.50, recouping most of the prior loss from the September break after Eisenhower heart attack news. Industrials, rails, and utilities rise with notable activity in Baldwin-Lima-Hamilton Avco Sperry Rand Pan American and General Dynamics.
A small family cemetery sits beside a large manufacturing plant in Huntington West Virginia. The Everett family, who sold the land for the plant over 25 years ago, still owns the plot. A rose bush blooming there is reported to be more than a century old.
The White House education conference debated teacher shortages with nine members at Table 3, many of them current or former teachers. They discussed what constitutes enough and good teachers, the 30 to 1 class ratio, and the difficulty of recruiting new teachers from colleges.
Richmond grain prices for wheat corn barley oats rye soybeans and mile No 2 yellow cover markets in Richmond Ashland Augusta County Luray Roanoke Pulaski Rapidan Rockingham Co Norfolk Ellerson Petersburg and Baltimore with prices quoted per bushel or cwt and noted varying ranges across locations.
The Associated Press reports a weighted wholesale price index for staple comics rose to 171.43 with the previous day at 171.18 and month figures around 170.43. The data includes highs of 177.14 and lows near 168.25 with annual comparisons shown against prior levels.
Treasury tally for November 25 shows cash balance 5 427 336 583.19 with deposits and withdrawals totaling 29 113 876 511.22 for the fiscal year. Total debt stands at 280 107 506 729.76 with gold assets of 21 687 807 066.64. Includes 476 443 770.90 debt not subject to statutory unit.
The Chicago market shows salable hogs at 11.25 to 12.25 per cwt for various weights and grades, calves at 16,000 head with prime steers 25.25 to 25.50 per cwt, bulk 19.50 to 23.50 for choice and prime steers, and utilities down to 12.00. Salable sheep around 2,500 with lambs 17.50 to 19.00 per cwt and ewes 4.00 to 5.75.
Flour receipts total 6 404 100 lb sacks. Wheat receipts none shipments 4 040 bushels stocks 5 215 022 bushels. Closing price No 2 red winter 2.00 transit 1.95 nontransit. Corn receipts 5 bushels meats 171 000 bushels stocks 867 bushels. Oats receipts 5 000 bushels shipments none stocks 761 451 bushels. Barley receipts none shipments none 243 851 bushels. Receipts 33 927 bushels shipments 120 90 bushels stocks 44 376 bushels. Barfeed receipts 213 tons.
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