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Roswell Daily Record in Roswell, New Mexico

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Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

Aug 18, 1985

Page

12

Mixed signals make market a tough call

Wall Street remains uncertain as traders weigh mixed signals on corporate profits interest rates and the economy. The Dow fell 8.29 points to 1312.72 as volumes cooled and investors awaited July economic data amid expectations of a late year pickup with divergent views on rates and equity returns.

New York Hull Wall Street Yan New York Stock Exchange American Stock Exchange

Soybean Prices Sink Amid Global Glut And Weak Demand

USDA projections show soybean prices falling to 5.15 to 5.50 per bushel for the 1985-86 marketing year, the lowest in a decade, as supplies rise to a record 6 billion bushels and world production grows. The Oilseed outlook cites abundant overseas crops and subdued livestock demand.

Washington Agriculture Department Department USDA Conomic Research Service United States Foreign Seilure Service

Futures trading opens on Chicago Mercantile Exchange

Chicago Mercantile Exchange opens with futures activity in cattle and hogs. AP reports daily open with prices moving in early trading, reflecting market sentiment and commodity demand.

Chicago Chicago Mercantile Exchange

Metals prices in New York spot markets Friday

AP reports mixed ferrous and nonferrous metal quotes in New York with aluminum at 45.10 cents per pound, copper around 66 to 70 cents, lead at 19 cents, zinc 41 to 47 cents, tin about 6.2987 dollars per pound, and precious metals noting gold near 325.35 dollars per ounce and silver around 6.38 dollars. Mercury and platinum prices are listed between 320 and 330 dollars per 78 pound flask and 292 to 294 dollars per troy ounce respectively.

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Grains CHICAGO TAP Futures Friday Open

Futures trading on the Chicago Board of Trade opened with a volatile session. Daily highs and lows set the tone as traders watched for direction and the first settle of the day.

Chicago Chicago Board of Trade

Also Mentioned on This Page

Fred Fraenkel Prudennial Bache Securities Inc DOW Jones Dow-Jones Transporta
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