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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jul 15, 1966
Page
8
National and regional markets show higher stock activity with moderate trading. Cotton remains quiet while Chicago grain notes profit-taking in wheat and corn. Soybeans drop, old crop months down one cent limit. Hogs steady with top near 26 dollars. Slaughter steers hold at about 24 dollars 50 cents.
Baltimore livestock report shows cattle, hogs, and sow pricing with active cattle, small lots, and mixed yields. Slaughter steer demand scarce, feeder cattle steady, hogs down slightly, sows and boars listed with weights and prices, totals around several hundred animalsuding overweight stock and market notes from AP–USDA source.
Baltimore AP reports mixed commodity activity with grain receipts totaling 337 924 bushels and shipments at 19 18 percent, stocks at 369 61 bushels. Opening prices include No 2 red winter at around 7 dollars and corn receipts near 2492 bushels with stocks listed as 30 220 bushels.
Rye shows stock 30 220 with no receipts or shipments and 1 954 stores. Barley records receipts 2 116 with stock 187 583. Soybeans hold 49 572. Fugue notes dulling with no receipts.
New York market notes indicate demand for wholesale eggs Thursday with adequate spot quotes across white and brown categories. Whites show extra fancy heavy at 44 46 per 47 lb min, fancy medium at 33 35, and other grades around 42 44. Browns list extra fancy heavy at 44 44, fancy medium 33 35, with smaller sizes at lower ranges. Butter offerings are light to adequate with spotty wholesale bulk carton prices and store quotes around 92.
Livestock sale at Four States features steady to strong butcher cattle with steers up to 23.60 and top cows around 20.75. Hogs command bids near 25.60, while lambs, veal calves, and stockers show varied prices across categories and weights. Prices reflect active demand and widespread bidding across cattle, calves, sheep, and swine lots.
Frederick grains report shows wheat unseavans Cornee Barley listed at 310 per bushel, with corn and barley at 140 and 90 per bushel respectively. The text notes price figures for these grains in a concise market update.
AP report from Chicago notes demand was active for a limited hog supply of about 3500 head. Prices were mostly steady with No. 1 and 2 grades at 25.50 to 26, top sparingly. Grades 1-3 up to 25.50, 2-3 to 25.25, lows 15.75 to 20.30. Slaughter steers scarce, best offerings good to low choice at 23.00 to 25.50. Lambs unchanged at 23.50 to 25 for choice to prime.
Trading remained moderate with volume at 5.95 million shares. The Dow rose to 887.80 as prices eased at session start, then steadied with gains up to 4 or 5 points on glamor issues. Airlines rallied after news of reduced Machinists demands amid a stricter global money market.
Court news lists marriages and property deeds among Frederick Emmitsburg Libertytown and other Maryland towns. The day’s market note shows U S Industries up to 223s on 155,200 shares, with irregular prices and a slight stock index rise.
Frederick Business Properties Inc lists property in the city. Ruhland C Boyer and wife transfer to Gilbert E Lose and wife. Gilbert E Lowe and wife transfer to Eugene B Boward and wife.
Irv ing A Abb transfers property to Joseph M Kline and his wife in the county with Duicie B Keilboitz as executor at the transaction. Samuel G Tressler and his wife are also involved in the transfer as shown in the document.
In Chicago the grain futures market saw increased selling pressure with stop loss activity. Soybeans hit the limit for July and August deliveries while new crop months slid six cents or more. Wheat and corn fell about two cents, rye dropped over eight, and oats slipped fractionally.
News from New York reports Wall Street steadied despite higher interest charges following Britain’s bank rate increase. The stock market on Thursday staged its first rally of the week with a substantial gain, signaling muted investor concern over the new rate hike.
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