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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Sep 08, 1990
Page
20
The Dow Jones average rose 23.26 to 2,619.55, finishing a choppy week with a net gain of 5.19 points amid a broad advance. Oil prices fell with crude October futures dropping $1.39 to $30.04, while NYSE composites edged higher and volume stayed around 148.63 million shares.
In Amarillo and surrounding areas, feeder cattle demand remained light with limited buyer interest after a week moving about 63,200 head. Slaughter figures and weights are detailed, with steers and heifers generally steady to modestly lower amid dry conditions across Oklahoma and Texas, while prices for various weights and categories are itemized.
Kilgore investors headed by Frank Brown Jr and David interest completed the purchase of Kilgore First National Bank from NCNB Texas after an 84 year run. The 18 member group plans no change in service or leadership but aims for faster loan responses, viewing the move as a positive Texas sign.
The Permian Basin Portfolio announces an interruption in its publication schedule as editors migrate to a new source system and plan to resume printing once the transition completes. Local staff warn readers of a temporary gap while news coverage continues.
The U S dollar rose against most majors in European trading while gold slipped to 386 75 an ounce in London and 337 00 in Zurich. Silver held steady at 4 80 in London as investors awaited an international force buildup over Iraqs invasion of Kuwait.
Jim Word Herd emphasizes health as essential to profitable beef operations. Choose replacement heifers for reproductive potential, manage vaccination timing around weaning, and ensure proper vaccine handling. Consult a veterinarian for preventive practices. Texas Agricultural Extension Service provides inclusive educational programs.
Markets monitor potential Soviet grain deals as Bush and Gorbachev prepare for a Helsinki weekend meeting. Officials favor liberalized trade and MFN status for Moscow if it loosens emigration limits, with U.S. farm leaders hoping for grain sales and a possible emergency loan to ease Moscow bread shortages.
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