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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
May 20, 1965
Page
15
The report lists cattle hogs calves and dairy values across Western Maryland and New York markets. It notes bid ranges for steers cows bulls and veal, plus lambs, hogs, sows and pigs, with per head and per cwt pricing and an egg and butter market snapshot.
Grain receipts show flour 7,000 100 lb sacks and corn 20,023 bu with stocks 1,414,092 bu. wheat stocks 4,582,548 bu. Domestic prices list No 2 red winter around 1.39 and soybeans at 92 415 bu stocks. Cattle receipts 100 with hogs 2,300. barrows steady, sows scarce. Chicago futures retreat across grains. soybeans and corn lead declines May to 5%+ drops.
AP reports a broad setback in the butcher hog market with about 5 000 head on offer. Prices fell to 21.75 for mixed No 1 and 2 and 21-21.75 for mixed 1-3. Mixed 2s and 3s cleared at 20.25-21.25 with lows 16.75-19.25. Slaughter steers rose about 25 cents, some 50 cents, with top grades at 26.50-30 and prime 29.75-30. The high end matched last week’s peak, the best since January 1963.
Stock prices in New York edged higher yesterday as traders shrugged off early losses. The broader market showed gains led by technology and industrial stocks, while investors awaited corporate earnings reports and economic signals for clues on future direction.
Trading picked up with a broad market rebound after two sessions of decline. The Dow advanced to 932.12 as volume rose to 5.86 million shares, with 613 gainers and 486 decliners. Electronics and aerospace led gains while autos sagged and bonds edged higher.
New York stocks rise with active trading while bonds hold steady. Cotton falls. Chicago wheat stays mostly steady, but May weak. Corn and oats decline on liquidation. Soybeans drop as old crop months slide.
The Maryland State Roads Commission approved toll cuts at three crossings. Passenger cars on the Potomac River Bridge drop from $1 to 75 cents. Five axle trucks crossing the Chesapeake Bay Bridge fall from $5 to $3.75.
Robert Kidwell of College Park won a $500 physics alumni scholarship from the University of Maryland. He is a Northwestern High School graduate of Washington.
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