Trend Of Staple Prices In New York And Chicago Markets
AP reporting mixed commodity prices with staples and grains. Text notes soybeans, corn, wheat, rye futures, and naval stores in Savannah. describes demand, weather impacts, and weekly/year comparisons. Charts various price ranges and market tones across regions.
MENTIONED IN THIS ARTICLE
NEW York
Associated Press
Contary
Chicago
Idaho Russets
Ous
Carlet
Alabama
California
Leonani
Board of Trade
Great Plains
South West
Oklahoma
Texas
Mixed commodity quotes and cattle market notes from New York and Chicago
Cottonseed oil and futures drifted lower as sales reached 403 contracts. Prices for various grains and food items showed minor shifts, with several listed firms and stocks appearing, while cattle numbers were slim and testing limited. Eggs and wholesale prices in Chicago also edged down slightly amid mixed market signals.
MENTIONED IN THIS ARTICLE
Cottonseed Oil
New York
Bonds Slide Mixed As Treasury Rises, Utilities Drag List
U S Treasury bonds edged higher on Friday to end the week, but gains failed to offset earlier losses. Corporate bonds on the NYSE mostly held, though utilities weakness pulled the overall list into the red. Volume was $11.42 million. Notable changes included Union Pacific 24s of 1991 up 1% to 69, National Dairy 3s of 1976 up 1% to 107%, and Pacific Gas & Electric 4s of 1992 down 2% to 102.
MENTIONED IN THIS ARTICLE
Sneteennene
Etteeee
Ear
Chicago (Ap
Treasury Notes
New York
U.S
Glencoe
Chicago
Media New York
York Rock Exchange
Alleg
Allied
Alcoa
Ammchf
T&t
B&o
Boeing
FoodFair
GenTel
Eee
Intt&t
Lockhd
MerrCh Crevents
MoPac
Ween Searsr
Sinclair
SoPac
Stdo Ind
Tex
Weeee US Steel
Austral
Chile
Jamaica
KLM
Norway
New York Stock Exchange
Union Pacific
Borden
National Dairy
Columbia Gas
Market Psychology and a 166 300 Share Selloff by AT and T
In a dramatic market episode 166 300 shares of American Telephone and Telegraph were dumped sending the stock to a new low around 113 dollars as ticker tape lagged 34 minutes. The piece argues investor emotion signals future declines and urges safer allocations like savings or prime bonds amid rising costs and a growing federal deficit believed to top seven billion dollars this year.
MENTIONED IN THIS ARTICLE
American Telephone and Telegraph
New York Stock Exchange
America
United States
Harry Byrd
Senate Finance Committee
American Telephone
DuPont
U. S. Steel
New Products Simplify Baby Care In Modern Homes
NEW YORK UP I reports a wave of compact baby aids designed for home and travel. The Jolly-Go-Crib combines crib playpen and dressing table in a nylon net and aluminum frame, portable in a carrying case. Netherlands maker Claessens offers a suitcase-fold baby carriage ideal for walk-up flats. Span Associates markets a one-minute bottle warmer for hot tap water and adjustable heat. Waring Products ships the Golden Guardian Nursery Aid a compact eight-bottle sterilizer warmer and formula maker fitting under a small table.
MENTIONED IN THIS ARTICLE
New York
UPI
A. C. Development Co
Netherlands
D.P.G. Claessens
Eindoven
Span Associates
Oil City
Golden Guardian
Waring Products Corp
Winsted, Conn
Many Stock Bargains Available Says Spear
Roger E. Spear head of Spear & Staff Inc asserts now is the time for investors to seek bargains not Dow guidance. He notes the Dow at 14.7 times current earnings and a 4.3 percent yield based on expected dividends of 24, with potential bargains in two to five times earnings among small and semimatured growth firms.
MENTIONED IN THIS ARTICLE
Roger E. Spear
Spear & Staff, Inc
Spear
Market Drop Skids As Dow Dips From 1960 Peak
New York reports a sharp early week market decline with the Dow Jones average sliding to around 563.24, near its October 1960 level before the Kennedy era rally. Officials including Secretary Dillon and Walter Heller weighed in as tax-cut ideas and investigations were discussed. Reaction mixed while markets recovered later in the week.
MENTIONED IN THIS ARTICLE
Treasury
Douglas Dillon
Kennedy
Walter Heller
President
Council of Economic Advisers
Commerce
Luther Hodges
House-Senate Joint Economic Committee
Securities and Exchange Commission
Florida sugar production rises toward record level
Florida consumption of sugar, a leading product, has increased by almost 50 percent since the early 1950s. Current raw sugar production in Florida now totals about 200000 tons annually.
MENTIONED IN THIS ARTICLE
Florida
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