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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Apr 18, 2003
Page
5
Wall Street moved higher as investors hoped for economic improvement despite a murky earnings outlook and a weaker jobs report. Volume was moderate ahead of Good Friday with a regional manufacturing report helping lift stocks. The Dow finished at 8,337.65, up 80.04 points.
The Dow Jones Industrial Average rose to 8347.65 with an 80.04 point gain and the S&P 500 at 893.58 up 13.67. Nasdaq stood at 1425.50, while NYSE indexes advanced with the NYSE Composite at 5006.32, Wilshire 5000 at 8466.83. Prime NYSE 4 p.m. revised volume reached 1.383 billion, after-hours 55.6 million, total consolidated 1.765 billion. Advances led declines 2397 to 842 with 169 unchanged.
Washington AP reports a recall of about 53,000 BMX bicycles due to loose stems that can detach during use and cause falls. Two 20 inch models are affected Next Voltage 8535-99 in metallic green and Vertical Street Blade 8527-99 in dark blue chrome. Consumers are urged to stop riding them and call 1-800-288-1560 for replacement stems.
Toy company recalls about 300000 lime green or blue drumsticks with black stripes from the Parents Bee Bop Band set due to small parts that can break off. Model numbers PM9187T2 and PM91372 are included. 2003 stickered sets are excluded. Call 1-866-617-9137 for replacements.
AP notes mixed carcass prices by weight in the Eastern Cornbelt with ranges from 0.5 to 0.9 inch butchery grades. Today's negotiated purchases total 18,654. Illinois hogs laws show demand light and steady to weak trends with price bands for US 1-3 hog weights across ranges from 300 to over 600 pounds and boar pricing.
Chicago AP reports grains rose sharply with May wheat at 2.86, corn 2.40 3/4, oats 1.84 1/2, and soybeans up 12 3/4 cents to 6.22 a bushel amid speculative buying ahead of the holiday.
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