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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Oct 01, 2011
Page
5
August earnings dropped from July, the first decline in about two years, nudging consumer spending lower as higher food and gas costs trimmed real income. With inflation-adjusted spending flat, many households dipped into savings, driving the savings rate to its lowest since December 2009, observers say.
Trading moderately active hogs with barrows and gilts 60.50 to 61.00 for 230-260 lb and 59.00 to 60.50 for 270-280 lb. Sows steady with 300-400 lb at 56.00, 400-500 lb at 56.00, 500-700 lb at 59.00. Boars: over 300 lb 21.00, under 390 lb 27.00.
Grain futures fell on the Chicago Board of Trade with December wheat down 45 cents to 6.0925 a bushel, December corn down 40 cents to 5.9250, December oats down 5 cents to 3.28, and November soybeans down 51 cents to 11.79 a bushel.
Friday’s NYSE list shows mixed action for top names led by Alcoa and Exxon among high volume movers. Prices span gains and losses with notable shifts for ProShares and SPDR ETFs while several financials and energy stocks swing on session data.
SIU budget office data shows 77 dues paying GAU members out of 1747, with 54 new joined Friday. Civil Service and Faculty unions vote in favor by 80 and 92 percent. GAU leaders warn of potential strike while seeking faster resolution and health insurance to cover pre existing conditions and drugs. Chancellor Cheng notes cost but says administration seeks solutions.
Visiting photographers from The San Antonio Express-News guide SIU students in a weekend photo workshop aimed at documenting Murphysboro Cobden Alto Pass and Homecoming. They learn lens use exposure composition and lighting while in the field and in lectures.
EEOC accuses Mach Mining of denying interviews and hiring to women since 2006 at the West Frankfort mine, leaving all male employees and lacking female facilities. The suit seeks an injunction, policy changes, and back pay for Petkas and potential claimants, with more women expected to join during litigation. Trial date not set.
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