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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Jan 19, 1966
Page
8
Cotton futures closed unchanged to up as much as 1.45 a bale amid moderate activity and solid underlying cloth demand. Spot cotton steady. Virginia stocks, dividends and bonds cited in broad market snapshot with Treasury issues and several Virginia based corporations noted in the day’s quotations.
Chicago Mercantile Exchange futures for shell eggs frozen eggs and live beef cattle show varied activity with price ranges for Jan through Dec contracts. Open interest totals, bid and offer levels, and notable advances declines are reported alongside stock market summaries and USDA potato market notes with regional price ranges and carlot track sales.
New York AP reports Tuesday closing Dow Jones averages with mixed results across stocks bonds and rail indexes. Key figures include industrials utilities and rail gauges with notable price shifts and gains in public utilities and higher grade rails.
Butcher hogs over 220 lbs were steady to 25 cents higher while lighter weights were steady to 25 lower. The 4,500 head supply topped at 29.75 for about 130 head of mixed No 1 and 2 grade in the 19-2256 range. Prime slaughter steers mostly 28.25, many loads of high grade and primes cleared at 27.50-78. Wooled slaughter lambs mixed and good to mixed choice brought 26.50-28.75 with steady prices.
AP USDA report shows wholesale butter prices unchanged at 93 score AA and 92 A with 90-59. Eggs delivered to Chicago remain steady to 14 higher with 60 percent or better grade A whites at 39-3a14, large mixed 37-374, medium mixed extras 3-334, standards 33-33, checks 24-28.
In Chicago, grain futures rallied in early afternoon trading after earlier liquidation. Soybeans led gains with deliveries up over three cents per bushel, spurred by processor demand and short covering. Prices: Wheat up 1 to 2 cents, corn steady to higher, oats up, rye up, soybeans up about 3 to 5 percent.
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