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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Aug 07, 1965
Page
14
CHICAGO AP Grain and securities prices show mixed tone as dealers await market factors. National issues bid and asked levels drift. soybean and corn forecasts loom, while bond and stock quotes show uneven shifts.
NEAL ADAMS reports Gum naval stores results in Savannah. Rosin sales fall to 2 766 drum equivalents from 4 311 last week and 4 369 year earlier. Tank cars and drums priced across multiple grades with prompt and forward terms. Turpentine and receipts data show declines versus prior periods.
New York AP market report shows domestic cotton futures closing 1.25 lower to 0.65 higher with no trades. Dealers cite hesitation pending congressional action on the omnibus farm bill's cotton provision. Spot cotton steady. USDA to issue first 1965 crop estimate Monday. World futures inactive.
Chicago AP notes Wheat No 2 hard 1.572 No 2 red 1.524 Corn No 1 yellow 1.20 No 2 yellow 1.30 Oats No 2 heavy white 73 Soybeans No 7 yellow 2.8134 Soybean off 2.8134.
USDA wholesale butter prices rise while egg values vary in Chicago market. Butter quotes show notable increases for AA and A grades, while eggs show mixed movements with delivered prices easing for some grades and higher for others, including whites and mixed categories.
AP reports mixed hogs steady to 25 cents higher with 3,000 head offered and top 25.25 per cwt. week’s peak 25.75 for select lots. Cattle futures show slaughter steers 25 to 50 cents up. prime grades hit 79 per cwt, high choice to 28.75 for mixed grades, averages to 25.25.
AP reporting USDA wholesale egg prices in New York show spot quotations for whites and browns. Standards range 30 to 149 dollars, checks 20 to 72 dollars. Whites include extra fancy heavy weight 40 dollars, fancy medium 719 to 730 dollars, and other categories. Browns list extra fancy heavy weight 2 to 43 dollars with various averages.
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