New York Markets Yesterday's Close
The narrative recalls the first admiral of the U S Navy, David Glasgow Farragut, appointed in 1866, with a note on markets shaping the day's closing.
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Newspaper
Terre Haute Tribune
Location
Terre Haute, Indiana, United States of America
Date
Dec 31, 1966
Page
10
The narrative recalls the first admiral of the U S Navy, David Glasgow Farragut, appointed in 1866, with a note on markets shaping the day's closing.
Do it yourself diagnostic kits enable mass cancer screening by sending cervical smears to centralized labs for Pap tests and sputum analysis. Cryosurgery uses a minus 200 degree probe for selective procedures including prostate and certain cataract cases, adding to standard surgical options.
Wheat at 1.60 per bushel Yellow ear corn 1.32 yellow shell corn 1.34 Rye 1.17 Yellow soybeans 2.88 Hogs 200 to 220 lbs 20 to 20.25 Sows 15 and down Eggs Indianapolis AP large 36-38 medium 30-32 small 25-29 egg sizes 25-29
The Agriculture Department reports 1966 U S cigarette use rose about 2.5 percent to 542 billion, including service members overseas. Strong demand abroad, higher consumer levels, and more people of smoking age pushed production up by 25 percent to meet needs, marking the second consecutive year of growth.
UPI reports Supreme Court Justice William Douglas refused to stay a North Carolina Supreme Court ruling banning the brown bag custom. Revelers cannot legally drink from their own bottle in a bag at nightclubs this New Year.
Secretary of Commerce John T. Connor forecast 1967 as the seventh straight year of growth. He cited record 1966 production payrolls and profits, easing tight money, and urged restraint in prices and wages to sustain balanced expansion. The Commerce Department report estimated 1966 GNP near 740 billion and personal income at 580 billion.
Prices for slaughter steers and heifers held steady to higher while hogs moved mostly lower. Cows and bulls rose, helical beef and weaner prices trended up, and feeder cattle weakened. Carrot trading saw steers and heifers climb, with lambs and sheep steady to higher. Grain markets turned mixed as wheat corn soybeans fluctuated.
Chicago markets showed profit taking and liquidation depress wheat rye and soybeans futures on the CBOT last week. Corn oats and soybean products moved mixed with early snow dampening wheat and later gains in some contracts as tax losses pressured the market and farmer selling remained a factor.
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