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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Jan 03, 1968
Page
4
Chicago grain markets saw wheat and rye futures hit seasonal lows as liquidation and selling pressure weighed on soybeans and corn. Traders cited limited demand, hedge selling against purchases, and light trade across oats and soy products. Close: wheat down about 1.5 to 4 cents, corn and oats mixed, soybeans weaker.
Virginia live poultry prices fall to mostly two cent changes on large supply tightness. Broilers and fryers unchanged with ample plant supplies, while buyers note movement towards chilled and frozen products. Virginia grain and hog markets show mixed pricing with steady hogs in Richmond and varied corn and wheat figures across regions.
The report compiles stock and utility averages including Ind. Raila Util stocks with net changes and prior period comparisons. It lists high and low values for 1966 and 1967-68 alongside month, year figures and prior day performance for Tuesday sessions.
An extensive AP sourced update lists fund prices, stock quotes, and bond figures across major firms in New York. It includes net prices for stocks, various fund names, and index references, with observations on egg market notes and wholesale prices.
New York cotton futures closed higher on Tuesday with No 2 cotton rising 1.50 to 2.90 per bale as prices swung over a 32.00 range. Trading houses and New Orleans sellers led the market amid expectations of tighter supplies until midyear and hopes for stronger 1968 plantings to bolster stocks.
In New York AP reports Treasury bonds and potato futures mixed as markets close. Trading showed varied activity across commodities and the Standard and Poor's index, with notable movements in railroads, utilities, and finance sectors.
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