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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Sep 24, 1965
Page
17
New York AP reports volume surged to ten million shares on Thursday as prices rose then weakened. The Dow fell 4.17 to 927.45 after an early rise, with first-hour volume at 2.93 million, 779 declines to 362 advances among 1,402 issues.
The market summary shows declines in stock indices led by rails and utilities with net changes negative. Treasury bonds and notes presented bid and ask prices, with yields differing by maturity, as Thursday closings reflect a mixed fixed income picture.
The Associated Press weighted wholesale price index for 35 commodities falls to 172.51, down from 172.87 the previous day and 172.44 for the week. The year index sits at 164.66 with other figures listed as 1965 964 1963 19. The fragmentary data includes several misread numbers and a 1926 average reference.
Cattle receipts at Baltimore show slow feeder markets with slaughter steers and heifers scarce. Cows steady to 25 cents lower, utilities and commercial down full. bulls in small supply with some steady to higher demand. Hog receipts 600 moderate, barrows and gilts US 1-2 and US 1-3 mostly 24.25 to 24.50, lower weights 20.75 to 22.00, and lighter 13.25 to 14.00 tails.
Virginia live poultry markets show broilers and fryers unchanged as demand remains moderate. Estimated Virginia processor slaughter today totals 134,500 head including 104,500 broilers and fryers and 30,000 Rock Cornish hens, with farm prices for light, medium, and heavy hens and turkeys also reported. deliveries to be made within a week for fryer-roasters and young toms.
Virginia egg market reports prices mostly one cent lower for A large and unchanged for other sizes. Demand remains good for A large and sizes, with receipts adequate. Producers paid on Sept 23 show A large 43-46 mostly 42-44, mediums 39, mostly 37-38, smalls 20-28, most 23-25, and B large 20-35. Retail sales delivered in cartons mirror Tuesday with A large down one cent, other sizes steady, A large 51-55, mediums 45-49, mostly 46-47, smalls 30-38, mostly 34-38, B large 40-50.
New York AP report shows domestic cotton futures closing mostly lower with July and October 1966 deliveries active late day. Census data through Sept 15 indicates 1,906,018 running bales ginned, down from 2,089,095 last year and 2,585,302 two years prior. World futures closed unchanged amid tepid activity alongside grains and soybeans trading.
Richmond area grain prices list several commodities with regional quotes. Wheat No 2 Red Winter ranges from 1.25 to 1.41 per bushel across Petersburg Rapidan Rockingham Augusta and other counties. Corn No 2 yellow shelled varies by location from 1.10 to 4.40 with several county quotes and Baltimore prices noted. Soybeans No 1 quoted around 2.40 to 2.45 at Norfolk, plus seed rye price at Petersburg.
Richmond and southeast Virginia hog markets show a mix of steadier to lower trading. No. 1-3 180-225 lb barrows and gilts largely 24.50 to 24.75. sows 400-500 lb 12.00 to 19.00. regional receipts listed by point include Courtland Franklin 23.50 to 23.75, Smithfield 23.50-24.00, Suffolk 23.25-23.75, Wakefield 23.25-23.75.
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