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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Jun 15, 1966
Page
8
Cotton futures closed largely steady with July trading up to two dollars a bale. Traders awaited crop reports as the government weather weekly noted Texas planting near completion while Arizona advancement and New Mexico damage affected outlooks.
Forenoon interdealer prices of Virginia corporations as reported Tuesday by the National Association of Security Dealers, exclusive of retail markup, markdown or commission.
Butter wholesale prices unchanged with various grade listings and delivered prices to Chicago. Egg offerings in New York described as light on large, adequate on mediums and smalls, with spot quotations for whites and browns and weight grades provided.
Standard and Poor's index shows mixed movement with Industrials at 93.21 up 30, Railroads 46.63 off 1 12, and Utilities 67.76 off .03. Stocks average 87.07 up .24 in a volatile session. Text references medium to heavy weight and size classifications in a catalog-like listing.
New York API reports steady stock trading with fairly active level. Cotton remains quiet while Chicago wheat weakens with cash markets mixed. Carn steady to slightly easier with US hog trade. oats mixed near steady. soybeans mixed with old crop months showing strength. Hog prices hold around 76 dollars. slaughter steers steady to 56 cents lower at 26.75 per hundredweight.
San Francisco AP reports 582000 active registered nurses in the United States with a pending Medicare effective July 1 raising concern over a growing shortage. At the American Nurses Association convention 8000 delegates discussed pay gains as a key recruitment incentive, noting New York’s recent 20 percent raises and a move toward a national salary goal to improve the profession’s economic status and retention.
Demand was moderately active for butcher hogs with 5 500 head sold steady to 25 cents lower per hundredweight. Top $26. mixed No 1 and 2 grades to $25.50. mixed 14 at $23.50. Slaughter steers steady to 50 cents lower. demand slow with only mixed high choice to low prime. Lambs 80 1000 lbs sold at 25 26.25. Potatoes: arrivals 119 cars, on track 281, total U.S. shipments 640. New supplies moderate, demand slow. California long whites 3.30 3.35, Texas round reds 2.75.
Cash grain prices in Chicago show Wheat No 2 red at 1.76 2N and No 2 hard at 1.7642N. Corn No 2 yellow at 1.304N. Oats No 2 heavy white SN. Soybeans No 2 yellow at 3.2314N and Soybean oil at 10.99N.
Dewey Swicegood notes that counterfeit appears in money items and emotions but warns conscience is uniquely personal and cannot be faked. He urges readers to trust their inner guide as the ultimate standard of truth and morality from Swicegood Funeral Home.
A compact recap of stock and bond averages with daily, weekly, monthly, and yearly figures. It lists indices such as Ind and Util, plus various bond categories, showing highs, lows, and year comparisons for Tuesday data. Strong entities include The Associated Press, stock groups, and bond ratings.
The AP reports the weighted wholesale price index for 35 commodities fell to 173.46, from 173.61 the prior day and 173.12 a month earlier, with year over year comparisons shown. The data trace the index from a 1926 average of 100 through recent readings.
At Camp Pickett Virginia two Ohio National Guardsmen died during summer training. Staff Sgt. Carl T. Schewe 27 of Waterville Ohio was electrocuted when a 60 foot radio antenna fell across high tension lines. Spec 4 Dennis L. Naugle 20 of Freemont Ohio was killed in a truck overturning on a base road.
Prime Minister Pierre Werner says Luxembourg can accommodate only minor elements in the upcoming realignment of NATO headquarters sites. He told reporters the country cannot take up more important service due to its small size and limited territory.
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