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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jun 13, 2006
Page
5
New York trading on Monday shows mixed moves as HoustEx and AmEx lead declines among tech and energy names. Major names include AT&T IBM Exxon MBIA and Dell with varied gains and losses, signaling cautious activity across NYSE listings.
Grain and soybean futures advanced on Monday at the Chicago Board of Trade. Wheat for July delivery rose to 3.73 dollars per bushel, July corn gained to 2.47, July oats climbed to 1.94, and July soybeans increased to 6.00 dollars per bushel, as traders priced higher demand.
Illinois Direct Hogs bid prices show trading steady to 1.00 higher with moderate demand. 1-3 hogs 300-400 lbs bring 26.00-31.00, 400-500 lbs 27.00-33.00, 500-600 lbs 29.00-33.00, over 600 lbs 31.00-34.00, some 35.00. Boars under 300 lbs 22.00-30.00, over 300 lbs 12.00-18.00.
Wall Street extended its monthlong retreat with the Dow Jones falling 99.34 points to 10,792.58, the lowest close since February. Inflation fears and a wary market after strong oil prices, plus bearish remarks from Fed officials, kept investors cautious ahead of upcoming price data.
Six individuals face federal conspiracy to distribute methamphetamine charges and await hearings with bond decisions. Local and federal agencies seized drug distribution materials at Lemmons residence after a May search. One defendant previously faced Perry County weapons charges, pleaded guilty in 2004, and completed probation before recent drug arrest. Authorities say the investigation has lasted about a year, possibly longer, with ongoing inquiries into all activities.
Soccer enthusiasm spreads through Southern Illinois as fans discuss Germany 2006 and the US team. Jeff Doyle, SIASL president, notes growing local interest with a diverse league of 110 members in Marion and Carbondale. Nigeria Nepal Poland Brazil Venezuela reflect SIASL's international mix while fans compare sports priorities in the region.
Hurricane Alberto closes in on Florida as forecasters warn of 4 to 10 inches of rain, storm surge up to 10 feet, and potential tornadoes. About 21,000 people in Citrus, Levy and Taylor counties ordered to evacuate. FEMA has bases and supplies ready though no immediate help requested.
Wal Mart moves to build roadways for a planned baseball stadium on The Hill near Interstate 57 as Marion officials aim to complete most roadwork before the store opens. Mayor Bob Butler cites a Labor Day Weekend opening target after a briefing from Wal Mart HQ. The center would employ 350 to 450 workers, mostly full time, and generate about 1.8 million dollars in annual city sales tax revenue, with current employees transferring to the new site.
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