Weekly Financial By ED MORSE AP Business News Writer
Daily stock market review notes third straight week of declines amid heavy tax loss selling ahead of year end. Mentions 1966 price plunge, possible tax increase, and weak momentum as Johnson cuts federal programs fail to lift sentiment. Also notes gold stock drop and factory shutdowns in appliances. Includes Danville real estate and public hearing notice.
MENTIONED IN THIS ARTICLE
ED Morse
AP Business News
NEW York (Ap
Taxloss
Wall Street
UABLE
Union Street
Gutie
Corporation Court
Danville
Virginia
Gore Union Street
City of Danville Spring and High Street
Johnson
Chicago Livestock market trends show higher receipts
Receipts at Chicago livestock market rose about 25 percent week over week while prices fell 25 to 75 cents. Prime slaughter steers 1,150 to 1,400 pounds sold at 25.00 to 26.00, high choices 24.50 to 25.50. heifers 900 to 1,100 pounds at 24.00 to 24.75. Hog week totals hit 41,600, largest in 16 years, with prices 50 cents to 2 dollars lower.
MENTIONED IN THIS ARTICLE
Chicago
U.S
Space Agency to Sponsor Summer Studies for Educators
NASA will sponsor seven 10 week summer research programs for college and university teachers of engineering and science. About 245 faculty will participate at NASA centers and universities to update knowledge and foster idea exchange with NASA professionals. Sites include University of Virginia Virginia Tech College of William and Mary and Langley Research Center Hampton Virginia.
MENTIONED IN THIS ARTICLE
Shingtona
National Aeronautics and Space Administration
NASA
Virginia Associated Research Center
University of Virginia
Virginia Polytechnic Institute
College of William and Irary
Langley Research Center
Hampton
Sales and housing start declines hit multi year low
Reported in a Tuesday market roundup, sales and housing starts were at their lowest levels in years as tobacco stocks fell after the U S Public Health Service issued a report linking cigarette smoking to increased health risks.
MENTIONED IN THIS ARTICLE
U. S
Public Health Service
Chicago Grain Futures Close Mixed Amid Weather Shifts
Chicago Board of Trade grain and soybean trading this week moved on weather changes and profit taking. Wheat, corn, rye fluctuated. soybeans stayed mostly higher. oats fell. December prices ranged with wheat near 14 higher, corn up to 5 cents, rye about 3 to 4 cents, and soybeans around a 1 to 5 cent gain.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
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Electra
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Riverside Dr
A. K. Ferrell and Co
Swain Acres Development Corporation
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Key Realty Corporation
Norwood Homes Corporation
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