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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Mar 23, 1968
Page
7
Prices mostly declined for most grains on the Chicago Board of Trade Friday with fair to moderate volume. Wheat opened uneven but gained on export demand while soybeans moved higher and India reported 4.5 million bushels of soft red winter wheat.
Slaughter cattle and hog prices eased while lambs held steady at Chicago stockyards with week totals: cattle receipts 134,400 across 12 markets, hogs 263,900, and sheep 37,000. Prime and high choice cattle sold up to 30.75 per hundredweight. hogs largely 18.30 to 19.75. lambs 26.30 to 27.00.
Oil activity spans Clear Fork prospect in Pecos County with No. 2 TG Waples Platter and No. 1123 Iowa Realty Trust discovery near Owego. Multiple tests and completions are planned or underway in Cochran, Hockley, Terry, Glasscock, Sterling, and surrounding counties with acid treatments and water production notes.
UPI reports Friday market activity with the Dow Jones Industrial closes at 826.05 for the 30 stocks, down 2.92 as rails drop 0.98 and utilities fall 0.35. Industrials rise 2.92 while bonds and commodity futures show modest moves amid broad trading.
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