Weekly Drop Biggest On Wall Street In '72
The Dow fell 6.85 to 934.45 marking a fifth straight session loss with the week’s decline nearly 27 points. NYSE volume was weak at 12.79 million. Levitz Furniture led trade, down 3 percent. Industry groups varied as inflation concerns and McGovern proposals weighed on sentiment.
MENTIONED IN THIS ARTICLE
Wall Street
NEW York
New York Stock Exchange
George McGovern
American Stock Exchange
Levitz Furniture
NYSE
Heinicke
International Trade, Inc
Seattle
Calder
Texon Reunion Sets Park Meet and Eat in Big Lake
Former Texon residents gather Sunday at Big Lake Park for a 10 a.m. reunion and meal. Odessa attorney Paul McCollum recalls Texon’s early days as the town grew after Santa Rita No. 1 oil discovery.
MENTIONED IN THIS ARTICLE
Texon
Big Lake
Paul McCollum
Odessa
Santa Rita No. 1
Amarillo Feedlot Beef Prices Show Mixed Gains
Amarillo market report notes steadiness to increases in choice steer and heifer beef with higher bids on some grades. Steers 500-700 lbs yield grade 3 at about 54.50 to 59.00, high good steers up to around 56, with cow beef largely steady and boning type goods 52.00.
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Neers
Amarillo
Panhandle
San Antonio
Fort Worth
Choice
Heifers Choice
Bulls Choice
Tex
Weather Dampens Trading on Chicago Board of Trade
Chicago reports lower commodity prices as traders react to precipitation across the central U S. Soybeans fall about 4 cents per bushel while wheat and corn ease and oats edge higher. July quotes show soybeans around 3.5273, wheat near 1.42, corn about 1.2378 and oats roughly 0.692. Fort Worth markets list hard wheat at 1.79 1/2 to 1.897, with yellow corn 1.54 to 1.61 and oats 0.9334 to 0.9594 amid regional price shifts.
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Chicago
Chicago Board of Trade
Fort Worth, Tex
New York Cotton Ends Week Lower Amid Liquidation
In New York the cotton market closed 20 cents to 1.40 a bale lower on Friday as July futures faced renewed liquidation. Delivery fell to a loss of 1.85 before buyers and short covering trimmed losses. Dealers reported favorable crop conditions overall with some regions needing more rain while the spot price averaged 38.27 cents per pound, down 22 points.
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New York
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