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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

Jun 07, 1985

Page

9

Stock market ends day on strong note with record highs

The Dow Jones average rose 6.72 to 1327.28 as traders pushed late in the session. NYSE volume was 117.18 million shares with broad gains in technology and retail names, while indices on the NYSE and NASDAQ closed at new records.

Wrives NEW York New York Stock Exchange Treasury General Motors Hughes Aircraft International Business Machines Digital Equipment Hewlett-Packard Texas Instruments Data General Wang Laboratories Sears J.C. Penney Kmart H&r Block Reagan Standard & Poor S&p Amex

Britain cuts North Sea oil prices amid OPEC pressure

Britain lowers BNOC Brent and Forties to 26.65 and Ninian to 26.50 per barrel in June from May levels, tying prices to spot markets. The move pressures OPEC, influences currency trades, and could spark price cuts by other producers as Nigeria weighs its own pricing amid a possible price war.

London Britain North Sea OPEC British National Oil Corp BNOC U.S Organization of Petroleum Exporting Countries Nigeria Nigerian Bonny Light Bonny Light Telerate Energy Service Philip Verleger Jr Washington Charles River Associates

Cattle hogs futures mixed on Chicago Mercantile Exchange

Trading on the Chicago Mercantile Exchange opens with light activity as cattle and hog futures show slight moves. Prices during the session reflect modest shifts amid general near term uncertainty in the livestock market.

Chicago Chicago Mercantile Exchange

Metals Prices Report from New York Markets

Spot nonferrous metals show aluminum around 46.85 per pound, copper near 675y-71 cents, zinc 46-47 cents, lead about 1-2 cents, and tin near 6.00 per pound. Gold trades around 314 to 315 per ounce, silver about 31.10 per troy ounce, mercury 29 to 33 dollars per 76 pounds, with platinum quoted at 2.64 to 2.57 per troy ounce in New York markets.

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Textile import surge threatens millions of U S jobs

A coalition study warns nearly 2 million American textile and related jobs could vanish by 1990 if import growth continues. It links deficits and reduced disposable income to rising textile and apparel imports and urges congressional action on Jenkins legislation.

Washington Fiber, Fabric and Apparel Coalition For Trade John Gregg Avtec Fibers Inc New York Coalition Congress Ed Jenkins D-Ga House Senate Gregg Data Resources Inc

Wheat futures rise on Chicago Board of Trade trading

Futures trading on the Chicago Board of Trade showed gains as open highs and lows shifted. The report notes previous sales figures and open interest with modest increases across wheat contracts and related futures activity.

Chicago Chicago Board of Trade

Also Mentioned on This Page

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