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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 24, 1995
Page
9
New York stocks eased on Friday despite a strong May factory orders report that boosted bond yields. The Dow fell into a single-digit loss after an early intraday drop of 17 points, as volume and breadth remained modest with decliners outnumbering advancers by about 3 to 2.
The Commerce Department reported a 2.5 percent May gain in durable goods orders, led by aircraft and business equipment, the first increase in six months and unchanged outlooks on a slow economy. Analysts caution against overinterpreting the data while noting ongoing weakness in consumer demand and potential Fed rate moves.
Alderson and three other markets reported June 15 to 17 sales totals. Alderson's auction totaled 19934.56 with steers, heifers, bull calves, cows, bulls and goats priced by weight. Bluegrass in Lewisburg posted 20762.09 with steers, cows, bulls, pairs, hogs, sheep and goats. Tazewell Farmers Market listed multiple weight bands for heifers steers bulls slaughter cattle and breeding stock. Narrows Va sold 59549.92 across lambs feeder cattle baby calves cows with calves and stockers.
New York AP report says Visa and MasterCard, major card issuers, teamed to develop shared technical standards to shield credit card data in online purchases. They plan to deploy software early next year to allow secure Internet shopping from home, reducing the risk of theft and easing e commerce growth.
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