New York Market Briefs Show Mixed Advances Declines
AP notes a mixed trend in New York trading with advances of 565 issues and declines of 494 while 784 issues were unchanged. Total issues reach 1363 with 1966 new highs and 836 new lows recorded.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 20 articles. Subscribers can read the full text of each article.
Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Jun 07, 1966
Page
10
AP notes a mixed trend in New York trading with advances of 565 issues and declines of 494 while 784 issues were unchanged. Total issues reach 1363 with 1966 new highs and 836 new lows recorded.
A broad market update shows many funds and stocks fluctuating, with scattered gains and declines. Notable items include NorPac, Northrop, PacT&T, Pfizer, Texaco, Xerox and several mutual fund groups posting varied prices and percentage changes. Final Dow figures reflect a cautious session as investors weigh earnings and macro data.
Chicago markets respond to a private June 1 report on Winter crop conditions. Soybeans show a mixed spread with old crop gains and new crop softness due to weekend rainfall forecasts. Corn moves slightly, while wheat futures rally as private estimates peg Winter wheat at 1,008 million bushels, down from May’s 1,090 million.
Denver livestock prices show 2,400 cattle with calves absent. Slaughter steers and heifers mostly steady to 25 lower. cows 25 lower. bulls steady. Steers 25-25.75. heifers 24.25-25.35. cows 17.50-19.00. bulls 21.00-23.50. Hogs 600. barrows and gilts strong to higher. sows up to 50. Lambs 182.70. slaughter lambs steady. ewes 4.50-7.00.
Omaha cattle saw 14 000 head with steer and heifer prices mostly 25 lower while bulls rose up to 50. Heifers traded 21.90 to 25.40 and cows 15.90. Hog prices totaled 7 500 with barrows and gilts steady to 30 higher, sows steady to 25 higher. sow ranges 19.25 to 25.75.
South St. Paul markets show mixed demand with 4,500 cattle and 1,200 sheep noted. Barrows and gilts rise 25 to 50 while sows hold steady. slaughter steers and heifers mostly steady. cows and bulls active with bulls strong. Vealers and calves command 21.00 to 35.00, feeder steers 25.00.
Portland cattle and calves totaled 1000 head with steers at 27.0 to 27.40 for lead Wyoming mings, high choice 26 to 26.90, goods 23 to 25.50. Heifers Wyomings 25.70 to 26, standards 21 to 22, cows 20.50 to 17, bulls 24.25 to 25.50, feeder steers 25 to 25.50.
The Billings Cattie Billings Livestock Commission notes 2,000 head in the latest sale. Slaughter cows opened uneven with bulk steady to strong and bulls fully steady. Slaughter cows ranged 18.25 to 19.50, canners 16.00 to 19.00, bulls 21.00 to 23.90, high yielding bulls 23.70 to 24.50.
Hog prices steady to 25 cents higher with 240 lb butchers at 25.50 to 25.85 and sows up to 21.00. Cattle and calves show slow to new trade with steers 24.50 to 25.25 for 950 to 1,150 lb and heifers not established. Sheep market not established.
Livestock activity in Chicago shows hogs 7,000 head, barrows and gilts 26.25-26.50 for 190-220 lb, sows 19.50-20.25 for 350-400 lb. Cattle trades sluggish with slaughter steers 26.00-27.25 at high grades, heifers weak, cows and bulls steady. Sheep small, lambs 27.00-27.50 for 85-100 lb, ewes 5.00-9.00.
Hogs 450. Barrows and gilts steady to 25 lower. No. 1-2 190-240 lbs 26.20-26.60. No. 1-3 200-260 lbs 25.25-26.20. Package 2-3 275 lbs 24.50. Sows No. 1 230-360 lbs 22.30. Feeder pigs good and choice 20-70 lbs 13-21 per.
Live cattle prices on the Chicago Mercantile Exchange show Jun at 25.90, Aug at 26.02, with no sales reported for Oct. Trading data includes highs and lows for June and August contracts and open interest figures.
New York stocks drifted lower on light trading with glamour shares dropping steeply. The UPI Stock Market Indicator shows a 0.60 percent loss across 1,385 issues traded, with 819 losers and 392 gainers.
Readers receive guidance on stock investment risks and long term goals. The column endorses Corn Products and Texaco for growth and discusses convertible bonds with examples from Olin Matheson and Williams Bros. and notes a guide available for $1.00. Market data from 1966 closes with mixed results across sectors.
Stock quotes listing Montana Power 4 pfd at 111.00 and 4.20 pfd at 80.00. Albertsons 1475 at 15.25. Skaggs Drug common 12.125 12.625 and pfd 18.425 19.125. Buttreys at 24.00 and 25.90.
London metals report shows copper spot bid 405 and asked 4607 pounds per long ton. Tin spot bid 1270 and asked 127 forward bid 1263 264. Lead spot bid 95 and asked 94 forward bid 91 91 Zinc spot bid 99 and asked 100 forward bid 95 95.
A collection of current metal prices lists copper, lead, zinc, tin, aluminum and other metals with prices per pound, per ton, or per ounce. Entries cover New York and East St. Louis markets, including electrolytic copper, tin, zinc and foreign silver prices, with several regional variations and delivery specifications.
Wool tops futures closed four to ten points down as Grease wool values slipped. Trading figures show July to Oct and Mar contracts with modest losses and spot price listed at 179.5 nominal.
The Montana State Board of Education approved a one year trial of guidelines for junior and community colleges. In district residency rules define where students pay tuition with in district residents paying 120 dollars and Montana residents outside the district 210 dollars while out of state students pay 360 dollars. The board also elevated accreditation to be the responsibility of individual schools and noted Miles City and Glendive may seek Northwest Association accreditation after building programs. New appointments were made for vocational guidance and Manpower Act roles.
The Montana Cattlemen's Association announced opposition to a general Montana sales tax at Havre meeting led by President I. H. Halverson. They argue a sales tax would burden agricultural producers more than it would help property tax relief and praised state agencies for rabies control while urging stronger efforts.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.