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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Jun 19, 1965
Page
7
New York markets show mixed action with advances in some stocks and rare declines amid slow trading. Bonds remain mostly steady while wheat trends lower and corn soybeans rise. Hog prices steady to strong with gains up to 25 cents. slaughter steers up 50 cents to $1. Top hogs reach $25.75, steers hit $30.50.
Market brief from Chicago Mercantile Exchange showing mixed futures for eggs beef and turkey products. Prices list openings highs lows and closes across several contracts including shell eggs frozen products and live cattle with open interest figures for July through May.
Wheat prices shown as No. 1 hard 1.464% N and No. 2 red 1.4344 N. Corn No. 2 yellow 1.3644 N. Oats No. 1 extra heavy white 752 and No. 2 heavy white 74' N. Soybeans No. yellow 2.98% WN and Soybean oil N.
Domestic cotton futures closed 25 cents per bale higher at 3.75. Trading was slow with few July and October orders late in the session. Traders awaited new crop legislation set to start August 1 with subsidies cut to 44?4 cents per pound. World futures rose 25 cents yet overall sentiment remained cautious amid limited activity. Naval Stores data from Savannah shows rosin and turpentine sales volumes and prices, with weekly totals and price ranges for drums, tank cars and exports.
A dense listing of daily radio and television program blocks, featuring news, weather, farm reports, sports, and a variety of entertainment shows. Includes Darroll Evans, Dusty Dunn, J Jordan, and programs across CBS/MBS news, Dateline, and local segments with multiple time slots and signoffs.
Chicago grain futures were firm to strong for all commodities except wheat with corn and rye up about a cent or more and soybeans up more than four cents in parts of the session. Commercial firms and speculators backed soybeans amid reduced Chicago storage and hopes of lower acreage for next crop. July soybeans at 2.9114-44, corn 1.3234-5, oats 67. to 67.5, rye 1.15-4. The market cited Kenya and Haly in for large corn purchases and speculative buying as nearby months firmed.
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