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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Apr 27, 1966
Page
9
Chicago AP reports all soy bean futures reached season highs as old crop contracts gained up to 10 cents amid demand surpassing analysts' forecasts. Government stock data for April 1 spurred shorts to cover, while longs bought. Corn firmed. wheat and rye eased. soybeans closed 24% to 8% higher, with May at $3.04 to $3.04 1/4.
In moderate trading US Treasury bonds closed lower while corporates were unchanged. Of 40 Treasury issues, 34 fell and 10 held. Late prices showed Colorado Gas 4s of 1982 at 96.44 down 2%, General Instrument 4s of 1985 at 143.42 up 2%, and Consolidated Edison 5 5 of 199? at 99. The NYSE volume totaled 10.13 million dollars in value as of Tuesday, with a list of major bond transactions following.
Butcher hogs sold weak to 25 cents lower per hundredweight with light offerings showing the full decline. Mixed No 1 and 2 grades sold around $23 to $23.50 with some at $23.75, while mixed 1-3 brought $20.75 to $21.25 and mixed 2-3 declined from $22.25. Sows reached $19 and slaughter steers were off about 25 cents in slow trade with top around $28, average choice $27.50 to $28, good grade up to $25.25. Sheep had a few 90 lb mixed choice and a Spring slaughter lamb at $28, with 89 lb woolled at $27.
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