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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Aug 24, 1965
Page
14
AP brief notes futures trading on the Chicago Mercantile Exchange. Activity is described in a clipped local line with limited readable details and names.
Frank O'Neal reports 6000 head hog run the largest in six weeks with prices 25 cents lower though demand fair. Mixed No 1 and 2 hogs bring 25.50 to 25.75 with top selectively paid. Sows 20.75. Cattle supply 10500 head, smallest in four weeks, slaughter steer demand active. Prime grade 29.75 to 30. mixed high choice and prime 28.50 to 29.50 for 1400 lb. Good grade 24 to 25.25. Spring slaughter lambs steady with mixed good to prime 23.50 to 26.
New York AP reports S and P 500 components with mixed results. Industrials at 92.36 91.42 91.79 down 0.13, Railroads 46.75 46.22 46.37 down 0.10, Utilities 74.90 74.16 64.45 down 0.16, overall index around 87.10 86.22 86.56 down 0.13.
New York markets digest fluctuating insurance issues and mixed stock activity. Brokers report varied quotes across life and casualty firms, with notable names like Liberty and Seaboard mentioned amid overall cautious trading and commodity shifts in grains and cottonseed oil markets.
Madame Chiang Kai-shek, in Honolulu en route to San Francisco, said the United States bombing of North Vietnam would not trigger war with Communist China. She warned defection remarks show character faults and urged anti Communist nations to unite. She avoided questions about succession or urging U.S. support for a Nationalist invasion of Red China.
New York State led the nation in ice cream production for the fourth straight year, according to the State Agriculture Department. The 1964 output reached 77,657,000 gallons, a state record, exceeding the previous year’s total by more than 1.5 million gallons.
Cash grain prices from Chicago show Wheat No 2 hard 1 60 No 2 red 1 55 Corn No 1 vettone 1 29 14 No 2 yellow 1 29 342 Oats No 2 heavy white 70 4 Soybeans No 1 yellow 2 68 14 Soybean of 10 40N
New York mixed and moderate trading with mostly steady bonds and higher corn. Chicago reports wheat lower with late selling, corn mixed amid export demand, hogs weak, slaughter steers up 25 to 50 cents topping at 30 dollars.
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