Short Hog Supply Brings Price Rise
Hog supplies dwindled seasonally this week in the South and Midwest and prices rose 25 to 75 cents per hundred pounds. Fresh pork loin prices at wholesale centers hit their highest since last September while Southern cattle and broiler prices stayed steady to lower amid softer demand.
MENTIONED IN THIS ARTICLE
Atlanta
South
Midwest
Agricultural Marketing Service
Georgia
Alabama
North Carolina
Mississippi
Virginia
Arkansas
Del-Mar-Va
Nashville
Memphis
Louisville
Montgomery
Georgia-Florida- Alabama
Carolinas
Chicago
North Georgia
Florida
U.S
Birmingham
Maryland
Wheat and grain futures mixed after late rally in Chicago
Trade shows a modest weekly gain for wheat while most grains fall over 1 percent. Weather drives slow activity with rain improving conditions briefly then clearing, and the du Pont Galvin crop estimate lowers winter wheat to 977 million bushels. Futures prices edge varyingly with July contracts noted for corn oats rye and soybeans.
MENTIONED IN THIS ARTICLE
Chicago
Midwest
Francis I. du Pont & Co
C. M. Galvin
Galvin
Discount Rate Cut Sparks Mixed Week On Wall Street
The market showed a two way move as bread and butter stocks rose while investors booked gains on high fliers after the Fed cut the discount rate from 4 to 3 percent in Philadelphia and San Francisco. Bond markets reflected optimism for further rate cuts and lower primes. Tech shares swung. Texas Instruments and Burroughs drifted lower while Instruments Universal Match rose. Volume for the four day week totaled 14.59 million shares, below the prior period.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Banks
Philadelphia
San Francisco
Wall Street
Texas Instruments
Instruments Universal Match
Zenith
Burroughs
Valley Stock Yard sale tops 53 thousand
A total of 599 head brought 53 454 93 at Thursday's Valley Stock Yard cattle sale. Top stocker calves included animals at 28 cents to Ronald Sharpe of Columbia Tennessee and 27 60 for four calves weighing 1 800 to R D Fowler of Martin Tennessee. Top veal calf sold for 25 90 to White Provisions of Atlanta. Top bull 20 30 to J W Moore of Lawrenceburg Tennessee. Top hogs at Decatur brought 16 dollars.
MENTIONED IN THIS ARTICLE
Valley
Rowe Sanderson
Tanner
Seleeee Ae Eee
Herbert Pulaski
Tenn
Cea
LGA Tecote
Ronald Sharpe
Columbia
Sanderson
R. D. Fowler
Martin
Carl Francis
Hartselle
Fowler
C. W
White Provisions
Atlanta
L. L. Lansdell
Town Creek
White
J. W. Duncan
John B. Hayes
J. W. Moore
Lawrenceburg
R. L. Phillips
Trinity
Wallace Coffey
Moulton
Florence Packing Co
Decatur
Market Summary: Cattle and Hogs Mixed Prices
Cattle and calves supply tight with price tests limited. Yearlings 17.00 to 23.50, stockers and feeders 22.50 to 26.00, dealers 26.50 to 28.00. Barrows and gilts 16.00 to 16.50, week's best 16.75. Sows 13.00. Lambs 15.00 to 20.00, choice lambs 23.50, most ewes 21.00 to 23.00, shorn ewes noted.
Vaulting Hope: NYC Bank Vault Anchored to Bedrock
A 985 ton bank vault in New York City is anchored to bedrock to withstand a possible tidal surge. The heavy vault is designed to resist floodwaters and protect the bank’s assets in extreme conditions.
MENTIONED IN THIS ARTICLE
New York City
Cotton Prices Edge Narrow In Quiet Week
New York报道 cotton futures stayed in narrow limits amid light trading. Final prices ranged 55 cents a bale lower to 60 cents a bale higher with exports dipping this week. Exports for the season through May 31 reached 6,084,000 bales, up from 2,425,000 a year earlier.
MENTIONED IN THIS ARTICLE
NEW York
New York Cotton Exchange Service Bureau
Hoover Dam Reaches 25th Anniversary Near Boulder City
The Hoover Dam near Boulder City Nevada marks 25 years since its completion. Scientists note the martian atmosphere is predominantly carbon dioxide.
MENTIONED IN THIS ARTICLE
Hoover Dam
Boulder City
Nev
Mars
Florence State College to Build New Science Building
Florence State College president E B Norton announces a new science building costing 718000 dollars. The project at the Florence campus aims to expand science facilities and support higher education.
MENTIONED IN THIS ARTICLE
Florence, Ala
E. B. Norton
Florence State College
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Mary Smith
Geneva Lentz
North Alabama College of Commerce
Struve Bidg
Huntsville
Ala
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The
Accrediting Commission For Business Schools
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Decatur Markets
Tennessee Valley
Catering Services
Ross J. Daidone
Beefy
FSC
Enue
America
Nbc-Tv
Pat Boone
POE Economical Transportation
Kingswood
Chevrolet
Chevy
Fisher
Corvair
Motor Trend Magazine
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