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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 06, 1956
Page
6
Treasury data shows cash balance at 5,777.74 and 055.79 as of November. It lists fiscal year figures with withdrawals totaling 31,092,043,560.32 and total debt at 455,005,040.86 not subject to the statutory limit.
New York from Dec 5 reports a firm market advance with steel, oil, and nonferrous stocks leading gains. International Nickel sparked the rally by announcing a 9 percent price increase for a Canadian nickel project, lifting the Dow Jones industrial average and sending active issues higher.
The Baltimore market reports end of period grain totals with corn receipts of 222 546 bushels oats shipments 290 371 and soybeans receipts 108 356 bushels stocks 406 799 while wheat and millfeed figures appear varied and incomplete.
Baltimore market figures show 150 head canners and heifers priced 10.00 to 11.00 with some cows at 11.00 to 12.00. Canners and cows run 8.00 to 10.50, shelly canners down to 5.50, odd bulls 14.00 to 15.00, mixed grade under 400 pounds sows at 14.00 and 400 to 500 pounds at 13.00 to 15.00, 500 to 550 pounds none priced, sheep quoted nominally.
New receipts reach 21 100 with steadier bees price for nearby oats and barley range. Top grades 48 to 50 pounds at 39 to 42, quality 45 to 48 pounds at 33 to 40, med ums notes Omaha 77 to 84 f.
In the Valley area and cities including Richmond Roanoke and Roanoke, poultry markets show steady demand with limited supply. Farm prices for broilers and fryers range around 16 to 33 cents per pound, heavy hens 16 cents, turkeys firm, and live weight sales totaling about 4,000 birds at farm weight.
In Wheeling on December 5 1955 the McMechen man charged with reckless operation of a motorboat on the Ohio River faces a Federal Grand Jury hearing on December 11. About 18 protests will be filed including one against Thomas Lloyd Williams for the boat collision that killed 17 year old Robert Howard on June 29 1955.
Grain values hold firm with Dec and May contracts in narrow ranges. Wheat and corn prices show mixed moves while soymeal and barley listed with nominal quotes, reflecting steady trade on the Chicago Board of Trade.
Salable cattle total 15,500 with 12,000 salable lbs of mixed grade lots and numerous weight ranges. Beef prices show high prime 1315 lb steers at 26.25, heifers 20.50–22.35, utility cows 8.50–11.50, and canner to cutter at 13.00–14.00 with light weight and various fat and feeder lots listed.
Richmond Virginia prices for wheat and corn show regional variation with multiple districts reported. No. 2 yellow soybeans fetch rates around 2.20 to 3.10 across Richmond Norfolk and Eastern points, while corn and wheat quotations vary by locality from 1.25 to 2.31 per unit.
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