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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jul 20, 2004
Page
5
A fragmented stock table lists closing prices for multiple stocks with figures showing opening, high, and low values. The entries include numeric codes and varied separators, reflecting a historical market summary style with fluctuating quotes and small deltas.
Eastern Cornbelt carcass prices fell across multiple weights with 0.5 inch beef at 75.25 to 86.04, 0.9 inch beef at 69.75 to 80.55. Illinois direct hog purchases totaled 16 033 with steady trading and moderate demand. Hog weights 1 3 300 400 Ibs 44.00 to 48.00, 400 500 Ibs 45.00 to 49.00, 500 600 Ibs 46.00 to 51.00, and over 600 Ibs 48.00 to 53.00. Boars under 300 lbs 35.00 to 40.00, over 300 lbs 10.00 to 16.00.
Corn futures slipped slight on the Chicago Board of Trade while wheat rose and soybeans held steady. Wheat for September delivery climbed to 3.35 1/2 a bushel and September corn fell to 2.37 a bushel with oats at 1.34 1/4. August soybeans finished unchanged at 7.07 1/2.
The weak profit forecast from 3M Co. sapped market momentum as Wall Street wrestled with the prospect of slower profits in the second half of 2004. Technology shares edged higher ahead of Microsoft results while investors awaited Greenspan testimony and feared earnings growth would slow amid higher rates and softer consumer spending. 3M beat Q2 estimates by a cent but warned third quarter profits would dip, sending shares down sharply.
Springfield Republicans are frustrated by Jack Ryan remaining on the Illinois ballot amid a sex scandal and talk show appearances. Former Gov. Jim Edgar questions a withdrawal, while GOP chair Judy Topinka notes no vacancy exists. Ryan says he will not rejoin the race, citing a two-front fight against a strong Democrat and the Illinois GOP.
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