Livestock sales reported at Bluegrass and Narrows markets
On June 17 Bluegrass Market in Lewisburg sold 244 head for 46751.80 dollars, with diverse prices for stockers, heifers, calves, and cattle. Narrows Livestock Auction also posted 62117.13 dollars total, with 120 lambs sold at 60 dollars, 40 slaughter cattle, 250 stock cattle, and calf weights ranging from 300 to 500 pounds fetching 70 to 90 dollars.
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Business After Hours at Greater Blufield Wellness Center
Tonight’s Business After Hours runs 5 30 to 7 30 p m at the Greater Blufield Wellness Center with admission 3 dollars and a business card. Refreshments and door prizes are planned.
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Fed says expansion slowing but nationwide growth continues
The Federal Reserve reports that the U S economy keeps growing but at ebbing rates in some regions. Inflation pressures ease amid the anti inflation campaign, with manufacturing growth leveling off and real estate markets sluggish. Agriculture benefits from recent rains easing drought in some areas.
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Stock prices fall for third straight session on Wall Street
New York markets closed lower as the Dow fell 7.97 to 2,464.91 and volume rose. Declining issues outpaced advances about 4 to 3 with 617 up, 842 down and 495 unchanged on the NYSE. other indexes including S and P and Nasdaq also slipped. The dollar weakened against major currencies and long term government bonds yielded about 8.33 to 8.35 percent. Analysts cited a cautious mood despite a favorable Fed report.
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