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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
May 19, 2004
Page
5
Eastern Cornbelt carcass prices slide across inch categories from 0.5 to 0.9 inch bf with ranges from 82.95 to 85.49. Illinois direct hog purchases total 14,904 with prices steady to higher on the 1-3 weight brackets 300-600 lbs and few over 600 lbs. Boars sell 38.00-42.00 for under 300 lbs and 10.00-12.00 for over 300 lbs.
On Tuesday at the Chicago Board of Trade wheat for July delivery rose 2 percent to $3.70 a bushel while July corn fell 3 cents to $2.92 a bushel. July oats dropped 1.5 cents to $1.46 a bushel and July soybeans slipped 31 cents to $8.74 a bushel.
New York AP market summary lists Dow Jones components and NYSE most active shares with closing prices. Names include DuPont, AFLAC, AmEx, General Electric, Coca Cola, Microsoft, IBM, Exxon, Pfizer, GM, Deere, Walmart, and many others with daily highs lows and changes.
President Bush nominates Alan Greenspan for a fifth term as chair of the Federal Reserve, praising his leadership during 17 years in office. Greenspan, first appointed in 1987, has steered monetary policy through wars, recessions, and global capital markets.
Investors cheered weaker than expected housing figures as technology stocks led a subdued rally on Wall Street. The Dow rose 67.60 to near 9,968, while the S&P 500 gained 7.39 and the Nasdaq climbed 21.18 amid hints the Fed may delay aggressive rate hikes.
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