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Newspaper
Monroe Morning World
Location
Monroe, Louisiana, United States of America
Date
Jun 11, 1966
Page
8
AP reports on the New York Stock Exchange session with a list of selected stock transactions. Prices and tickers are noted for several listings, reflecting trading activity on Friday in New York.
Quotations for the NASD are representative inter-dealer prices as of about 3 p.m. Inter-dealer markets run throughout the day. Prices do not include retail markup, markdown or commissions.
New York stocks higher in active trading as cotton stays quiet. Chicago wheat mostly easier with light liquidation while corn remains narrowly mixed and oats show scattered selling. Soybeans are mixed with old crop months firm. Hog prices weaker to 50 cents lower, top $26. slaughter steers steady to 50 cents higher, top $27.50.
New York AP reports cotton futures closed unchanged to 25 cents a bale higher with no actual trades. Market watchers awaited crop updates and spot cotton developments as prices are listed for July Oct Dec Mar May and July contracts with middling spot at 31.55 nominal.
New York markets staged a broad rally led by blue chips and glamour issues with volume at 8.33 million shares. The Dow rose 9.13 to 891.75 as 1,382 issues traded with 871 gainers and 301 losers, reflections of big investor buying, short covering, and anticipated summer gains.
Chicago AP reports mixed farm prices with butter and eggs showing small moves. Milk and potato quotes shift marginally across regions while Louisiana broiler markets flag steady hen prices and variable demand, with large eggs at 30 to 32 cents per dozen and 80 percent grade A cases noted.
In Chicago livestock trading prices fell for butcher hogs by 50 cents per hundredweight marking a third straight decline. No. 1 and 2 grades reached a top of 26 dollars, while mixed No. 1 and 2 dropped to 25.25, with 1-3 grades at 25.25 and 2-3 at 23.50. Sows ranged 16.50 to 20. Steers sold 25.25 to 26.25, with some high grades 27.50 and prime 26.25 to 27. Lambs graded up to 27.
President Johnson named J. Graham Sullivan as U S Deputy Commissioner of Education. Sullivan, 58, is chief of the division of instruction at the California Department of Education and will work under Education Commissioner Harold Howe II. Sullivan, from Hanford California, holds degrees from Stanford and UC Berkeley.
River stages show a flood rise over the last 24 hours with higher readings along River Street. Officials warn residents in low-lying areas to prepare for possible minor to moderate flooding through tonight.
In Chicago the grain futures market showed slack demand with light to moderate selling pressure. Old crop soybeans held gains around one cent most of the day. wheat mostly balanced for weekend commitments. government harvest report expectations weighed on prices. July quotes: wheat 1.68 to 1.69, corn 1.27, oats around 0.84, rye 1.20 to 1.44, soybeans 3.16 to 3.24.
Generally fair through Sunday with highs around 87 to 92 and lows in the 60s to 70s. Northeast winds 5 to 15 mph. Monroe reports a Friday high of 92 and a low near 70. No rainfall expected Friday or this month. no total since January. Across Louisiana delta conditions vary from fair to poor at night to good by day. Arkansas clear to partly cloudy with warming trend. Mississippi valley mostly clear or partly cloudy with cooler spots in the north. Temperature range broadens from cool 60s in some areas to upper 80s in others. Monroe records the warmest Friday at 92, Memphis/Jackson/Tupelo cooler at 48 in places.
Moscow AP reports Europe's oldest giant oak in Stelmuz village, northeast Lithuania, has recovered from surgery removing four parasite trees strangling its growth and 12 cartloads of rotten wood from its trunk. The tree is estimated to be 2,000 years old.
Mrs William Murray recalls guiding her children toward schooling as Charlotte age ten walked seven miles to class after missing the bus. The girl dismissed the effort saying Abraham Lincoln did it daily, reflecting a hardy New Era school ethos.
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