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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jan 31, 1998
Page
7
Quotations from Frederick Westminster and Four States Livestock Auctions cover butcher cows bulls steers heifers stock cattle veal calves and farm calves with price ranges by weight and grade. Also included are grass hay and straw prices for round bales and various forage orders.
Grain and soybean futures declined on the Chicago Board of Trade on Friday as ideal growing conditions in Brazil and Argentina reduce crop damage risk. Corn, wheat, and soybeans all eased, with Argentine crop import talk also weighing on prices amid strong domestic feed demand. Beef and lean hog futures mostly slipped on the CME while pork bellies rose.
The Ryland Group reports 1997 fourth quarter earnings up 91 percent to 9.5 million dollars or 62 cents per share on a diluted basis, from 5 million dollars or 28 cents in Q4 1996. For 1997 full year earnings rose 38 percent to 21.8 million dollars or 1.32 per share, versus 1.58 million dollars or 87 cents in 1996.
Reuters on paid leave for three Reuters Analytics employees as a U S grand jury in New York investigates alleged theft of Bloomberg data. Times and Journal cite possible electronic intrusions and high level access while Reuters cooperates and declines specifics. Bloomberg, once Reuters rival, dominates investment data tools and analytics with a $1.3 billion annual sales.
Ford Motor Co recalls more than 800000 vehicles including 545000 1993 1994 Taurus Sable Lincoln and Continental models due to intermittent headlight flashing from a possible faulty circuit breaker. An additional 187400 1991 1993 Explorers have sunroof hinge problems that may detach during motion. Also recalled are 64400 1993 1997 F Super Duty motor homes for exhaust leak risk and 42900 1995 1996 Contour Mystique throttle cable damage. Owners will receive mail notices and repairs are free.
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