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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
May 26, 2004
Page
7
Hewlett Packard and Home Depot lead a broad list of NYSE active stocks with mixed gains and losses. Major names include AT&T, Lilly Eli, Merck, Pfizer, Coca Cola, Intel, Microsoft, General Electric, and Wal Mart among others, reflecting a wide spread of closing values and daily changes.
Eastern Cornbelt carcass prices unavailable. Illinois Direct Hogs Laws show a steady trend with light to moderate demand and offerings. 1-3 300-400 Ibs 39.00-43.00, 400-500 Ibs 41.00-44.00, 500-600 Ibs 43.00-45.00, over 600 Ibs 44.00-46.00. Boars under 300 Ibs 38.00-42.00, over 300 Ibs 10.00-12.00.
Chicago AP dispatch reports soybean futures jumping on the Chicago Board of Trade with July soybeans rising 16 cents to 8.82 a bushel. July corn gained 7 cents to 3.034. Wheat slipped to 3.78 a bushel. July oats up 3 cents to 1.52. Continuous market action reflected broad grain demand shifts.
Investors propelled U S stocks higher on hopes of moderating growth and easing inflation. The Dow rose 159.19 to 10117.62, the S P 500 gained 17.64 to 1113.05, and the Nasdaq climbed 41.67 to 1964.65 as traders eyed a steadier economy ahead of Memorial Day.
SBC Communications and the Communications Workers of America reached a tentative five year contract after a four day strike. The agreement aims to keep traditional phone jobs with unionized workers and bring emerging tech positions home from overseas. Union members vote in June on the deal.
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