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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Oct 12, 1966
Page
3
National markets show mixed grain sentiment with fear of a bearish government crop report weighing on futures. Wheat and oats move slightly down or steady, corn fluctuates, soybeans mixed. hogs fall a bit while slaughter cattle hold near steady. Trading highlights include careful balance maneuvers and cautious posture ahead of key government figures.
Baltimore wheat receipts 224265 bu shipments 2000 bu stocks 6515879 bu with No 2 red winter at 1.56. Corn receipts none shipments 9684 bu stocks 1376789 bu. Barley stocks 159433 bu. Flour receipts 6138 100 lb sacks. Cattle receipts 125 hog receipts 150 limited test of trade. Barrows gilts US 1-3 221 tb 24.00. sows US 1-3 900-400 lb 18.75-21.00, some US 23 400-625 lb 17.00-18.75.
AP reports mixed wholesale offerings across egg sizes in New York with demand improving. Whites and Browns show varied price ranges from extra fancy heavy weights to smalls and pewees, while butter offerings are adequate and wholesale bulk prices for fresh products are listed alongside stock cattle market details and veal calf prices.
In Chicago on Tuesday hog prices fell up to 5 cents a hundredweight as 4,500 head met weak demand. A few No 1 and 2 hogs topped to 23.25 dollars, marking a low peak in over a week, with other grades selling lower amid thin competition.
Mixed 13 grades sold from 22.50 to 24.50 for 190 to 244 pound weights and 2 to 3 at 21.25 to 22.50 for weights up to 290 pounds. Slaughter steer supply was small, mostly good to choice, selling steady at 23.75 to 26, with a few high mixed and prime around 26.50. Mixed choice and prime wooled slaughter lambs brought 24 to 24.50, and mixed good to choice at 22.50 to 24.
New York stocks rose for a second straight session as blue chips led a broad recovery despite sharp losses in glamour issues. The Dow closed up 4.12 at 758.63 after intraday gains, with 792 of 1,424 NYSE issues up and 399 down, and total volume at 84.4 million.
The County Commissioners held a hearing on rezoning from agricultural to light industrial for a 107 acre tract east of Route 15 north of Lime Run. The Frederick County Planning and Zoning Commission recommended the rezoning, saying the land lies in an area suitable for industrial reserve and development. One landowner appeared at the hearing.
The commissioners voiced no specific objections to the rezoning of good farm land but remain wary of development impacts. A ruling on the request is expected within two weeks.
Robert Thain aged 26 sets a new world mark by gulping a quart of beer in 7.35 seconds at the Cock Inn in Braintree England with 150 witnesses. The previous Guinness record stood at 9.3 seconds set by M R C Walker of Orford University in April 1963.
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