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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Mar 02, 1971
Page
11
Farmers line up at the Lubbock County ASCS office as 1971 farm program signup opens. REAP and ACP changes curb high-cost irrigation pipe payments and set new pollution abatement rules while futures trading topics and CME delivery points shape market outlook.
AGO AP report notes Monday activity on the Chicago Board of Trade with limited readable details. The snippet hints at trading actions or summaries but lacks full context or figures.
Mixed livestock bids and prices from Omaha Denver Fort Worth with cattle hogs and sheep market notes. Steady to higher hogs and cows. calves feeders and bulls show varied quotations across regional sales and commodity pounds.
Evangelist Billy Graham has been ordered by doctors to take an extended rest to recover from throat surgery last month. He is scheduled to receive an award March 14 from the National Conference for Christians and Jews in Ohio, as his assistant notes.
An at a glance survey notes mixed market activity with averages drifting as investors weigh earnings data and economic signals. Traders monitor momentum in tech names and financials amid cautious sentiment and steady volume.
Chicago AP reports soybeans fell about 2 cents per bushel while soy oil and meal weighed on the market. Wheat futures gained early then cooled, oats and corn slid modestly, and overall trade was mixed and mostly weak as markets closed with soybeans down around 1.5 cents and corn and oats lower.
National company seeks a local person or firm near Lubbock to manufacture produce and distribute under its marketing program Investment range 5000 to 15000 fully secured based on product and account handling FRAHM CAST CORP Dallas contact 2147472108 for details
In New York trading, Cotton No 2 futures closed 75 cents lower to 90 cents higher as rising spot prices and optimism for U S exports drew commission-house buying. Near months gained on trade activity but late dealing trimmed some gains. Certificated stock notes rose 44 025 bales as of FEB 26, with 5 630 awaiting review, signaling potential March 1971 delivery. The mid staple price edged up to 25.50 cents per pound, while No 2 futures closed around similar gains amid volatility.
Pope Paul VI established a permanent Vatican committee for peace and charged it with studying peace problems. The six member panel, a branch of the Justice and Peace Commission, is headed by Italian lawyer Vittorino Veronese and was announced in Vatican City.
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