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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
May 12, 2004
Page
5
Closing stock figures show multiple securities with last, bid, and ask values. Notable entries include items trading around 39.00, 45.21, and 55.68 with small daily changes, plus several midweek data points in the 10 to 38 range.
Dow Jones Industrial Average ends at 10019.47, up 29.45 points. S and P 500 at 1095.45, Nasdaq 1931.35, Wilshire 5000 at 10648.22. NYSE volume totals reach 1.93 billion after hours 30.37 million. total consolidated issues traded 3,462 with 2,686 up, 681 down, 95 unchanged.
Eastern Cornbelt carcass prices unavailable. Illinois Direct Hogs trend 1.00-2.00 higher with good demand. 1-3 300-400 lbs 40.00-44.00, 400-500 lbs 41.00-44.00, 500-600 lbs 43.00-45.00, over 600 lbs 44.00-45.00, instances 48.00. Boars under 300 lbs 38.00-42.00, over 300 lbs 10.00-12.00.
Grain futures in Chicago were mixed while soybeans climbed. Wheat for July slipped 6 percent to 3.79 a bushel, July corn edged up one cent to 2.99, July oats gained one cent to 1.67, and July soybeans rose to 10.22 a bushel.
Governor Rod Blagojevich vetoes Chicago land based casino and vows no quick fixes to the budget. Attorney General Lisa Madigan blocks sale of the Rosemont unused casino license, revoking it and cutting a 350 million hole in the budget plan. Daley expresses disappointment but seeks legislative paths. Blagojevich offers expansion as a budget carrot, tying it to budget approval.
Illinois electric utilities told the Illinois Commerce Commission they are prepared for peak summer demand with ample power. Executives from ComEd Ameren Illinois Power MidAmerican and the RETAIL Electric Supplier Coalition cited extra resources and transmission capacity plus tree trimming programs to boost reliability and prevent shortages seen in 1999 2000.
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