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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Sep 08, 1972
Page
14
The market trimmed early gains as Mellon National and First National City raised prime rates to 5 percent and Israeli air strikes hit guerrilla bases. Dow edged up 0.22 to 962.67 at noon while the NYSE fell 544 to 502 in slow trading.
Decatur market prices list cotton loan middling at 20.45 and cottonseed at 40 per ton. Milk Grade A at 6.55 per hundred, manufactured milk at 3.20 per hundred for four percent, with direct ratio notes. Wood values range 45 to 65, pulpwood 15.25 per cord, grains and soybeans quoted with No. 2 varieties and corn at 1.50, oats at 1.42, barley and wheat prices noted. Over the counter securities from NASD described as interdealer prices around 10 a.m. with caveats on marks and commissions.
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