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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
May 06, 1995
Page
14
Grain futures mixed on the Chicago Board of Trade with Corn and Wheat quotes, while livestock auctions in Hagerstown and Frederick list bids for butchers, steers, heifers, bulls, veal calves, farm calves, hogs and sheep. Notable buyers include Westminster Livestock Auction references and Four States Livestock Sales figures.
Prices listed for butcher cows bulls steers heifers with utility high dressing and cull ranges. Bid lines show multiple grades and price ranges per category including high, choice and dairy culls. Specific figures include 43.25 to 4475 for high dressing, 3500 down and various per hundred weight bids across bulls steers and heifers.
Readable list shows alfalfa at 2.40 per bale, Timothy at 190 to 2.20 per bale, grass at 1.10 per bale and 2200 for a large round bale, straw at 1.30 per bale. Prices indicate mixed lot offering across hay types and bale sizes.
Wall Street closed moderately lower after the Labor Department reported unemployment up 0.3 percent to 5.8 percent in April, the highest in seven months. The Dow fell 16.26 to 4343.40 as volume topped 342 million shares on the NYSE. Bond prices surged with the 30 year yield dropping to just over 7 percent.
The Ryland Group Inc based in Columbia reported $673,000 in Q1 earnings or 1 cent a share, far short of the 6 cents expected, with a $4.3 million pretax loss in homebuilding. Analysts warn a downturn could depress stocks and earnings, while investors shift among cyclicals and low-rate plays as transport and airline stocks slide on rate worries.
The Professional Remodelers Organization will meet at 6 p.m. Wednesday May 10 at the U S 40 Holiday Inn Frederick. Nancy Gainer of Market Specific Sales will discuss marketing a remodeling service. Cost is 18. Reservations at 663 3599. The memo notes mixed stock indices and airline market shifts with brief domestic and international market movements.
The Frederick office at 1065 W Patrick St will host a free career workshop at 6 30 p m on Wednesday May 10. For more information contact Debbie Witmer at 694 8700.
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