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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Mar 06, 2004

Page

5

Eastern Cornbelt hog prices rise at Stockyards Springfield

Eastern Cornbelt carcass prices were higher with 0.5 to 0.9 inch backfat ranges listed. Today's negotiated purchases show 18,625 Illinois Direct Hogs and steady to modest demand for varying hog weights. Boar prices range from 8.00 to 32.00.

Springfield Illinois

Wheat futures slide on CBOT as corn soybeans rise

In Chicago grain trading on Friday Wheat for May delivery dropped 4.5 cents to 3.735 per bushel while May corn gained 1 cent to 2.971 and May soybeans rose to 9.373 per bushel. May oats fell 2 cents to 1.555 per bushel.

Chicago Chicago Board of Trade

Unemployment rate holds at 5.6 percent in February

The February jobs snapshot shows a 21,000 payroll gain with the unemployment rate stuck at 5.6 percent. Government hiring led the small increase while private employment was flat, signaling a persistent jobless recovery amid debates over Bush's economy policy and Kerry's critique.

Washington Bush Labor Department

Markets mixed after weak job data and Stewart verdict

Markets closed with small weekly gains as February payrolls added only 21,000 jobs far below forecasts. Martha Stewart was found guilty, sending her firm's stock down 23 percent after an intra day rise, with trading halted for 30 minutes. Dow, S P 500 and Nasdaq posted mixed intraday action.

NEW York Martha Stewart Martha Stewart Living Omnimedia Inc New York Stock Exchange Stewart Wall Street

Borrowing Rises 8.6 Percent in January

The Federal Reserve reports January consumer borrowing climbed 8.6 percent at an annual rate, adding 14.3 billion to total credit to a record 2 trillion. Revolving credit, including cards, rose 8.6 percent as nonrevolving loans for cars, vacations, and education climbed 8.5 percent amid a fragile labor market.

Washington Federal Reserve Fed Alan Greenspan

McDonald’s sales jump 22.6 percent in February

McDonald’s Corp. reports February worldwide comparable sales up 13.9 percent with U.S. outlets up 20 percent and Europe up 7.7 percent. Factors include new products since 2003, less discounting, longer hours, a weak dollar, and an extra leap day. CEO Jim Cantalupo cites customer experience improvements as driving the rebound. Shares rose to 29.85, issuer notes a court settlement prize promotion ad run.

Oak Brook McDonald’s Corp McDonald’s Hamburger Giant U.S Europe Jim Cantalupo New York Stock Exchange

Law Firm Reaches $75 Million Tax Shelter Settlement

Jenkens Gilchrist agrees to a 75 million dollar class action settlement to resolve tax shelter claims. The deal, awaiting court approval, covers lawsuits by taxpayers who used shelters later questioned by the IRS. The firm says no admission of wrongdoing accompanies the settlement.

Washington Jenkens & Gilchrist New York Internal Revenue Service

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