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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jan 09, 1990
Page
6
Chicago Board of Trade futures drifted Monday with wheat corn and soybeans showing modest moves. Prices for March May and other contracts varied with mixed gains and losses as traders weighed demand and weather factors.
A desynced AP USDA Central US meat readout shows deer movement steady to moderate with uneven beef cuts. Cattle loads and pork sales reported across 3 to 34 loads, with prices for steer, heifer, and pork carcasses listed in various weight ranges and futures dates.
In Omaha Nebraska on Monday livestock trades included hogs at 214 to 260 pounds and under 150 pounds with varied prices, cattle and calves seeing moderate price declines for some classes, cows steady and steers down, lambs and sheep with lower lamb prices and mixed ewe values, overall bid levels fluctuating across grades and weights.
Investment advice discusses balancing time safety and return to fit life stage and attitude toward money. Focus on prioritizing safety and liquidity for retirees, and return for younger investors, then diversify to improve portfolio resilience. Also notes Allanted Bancorp Inc quarterly and six month results.
Senate leaders defend Keating linked ethics probe as Riegle bases a Michigan cable rebroadcast of a 30 minute interview. DeConcini spends 150000 on Arizona ads while McCain Glenn and Cranston face inquiries with limited media actions.
Frederick based Homecall Inc. names Mary Lou Pritchard as president and CEO after Dr. Doris Hanson resigns as chairman and director. Major stockholders R W Warner Jr and others bought 6.5 million shares, now holding 28.2 percent. Warner also secured a $500,000 credit from First Bank of Frederick. Interim president is Mary Lindauer. Carroll County Economic Development reports 64 percent of firms expect on site or within county expansion in two years.
Citibank and First National Bank of Chicago lowered the prime lending rate by 0.5 percentage point to 10 percent on Monday. The action reflects cheaper funds after the Fed signaled easing policies to avert a sharper economic downturn, with banks passing lower costs to consumers and businesses.
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