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Tucson Daily Citizen in Tucson, Arizona

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Tucson Daily Citizen

Location

Tucson, Arizona, United States of America

Date

Aug 07, 1968

Page

16

Steel imports to fall this year after price increases

U.S. steel imports are expected to decline the rest of the year despite price hikes by domestic producers. Industry officials say the drop will be modest, aided by a labor contract deal and buyers deferring deliveries, with some firms noting high inventories and potential European price moves.

New York U.S United Steelworker of America Kurt Orban American Institute For Orban Kurt Orban Co., Inc Victor Schick Indussa Corp

NASD Interdealer Price Snapshot and Market Notes

Quotations from the NASD show interdealer prices as of 1 p.m. Tuesday with markets shifting through the day. Prices exclude retail markup and the list includes several insurers utilities and industrials as well as mortgage and petroleum firms among others.

Cotton futures slip as favorable crop news spurs liquidation

New York cotton futures fell 25 cents to 85 cents per bale on Tuesday amid favorable crop news and trading that shifted sentiment toward a higher 1968 crop estimate. Trade forecasts ranged from 10.7 to over 11.5 million bales while losses neared $1.00 before buying and short covering nudged prices higher at session end. The middling spot price stood around 30.48 cents.

New York Delf Belmore Eagle

Market report shows slow direct trade for slaughter cattle

Livestock prices steady to weak in Phoenix direct trade with tight supply. Kansas City cattle and calves show mixed moves with feeders and steers at 23.50 to 30.50 per hundredweight. Los Angeles reports higher slaughter cows and steady to higher demand. Chicago hog prices decline with receipts around 4,000, while spring lambs hold at around 26.00 per head.

Phoenix Kansas City Caine Mbs Choice Pri Fren Ae Uful Yan Los Angeles Livestock Market Artesia Chicago Choice Dod

Grain futures rise and fall on Chicago Board of Trade

Chicago grain trading shows a mixed session with wheat corn and oats futures largely down at times as selling pressure rose. Soymeal and soybeans firmed on labor unrest and plant shutdowns, while soybean oil drifted weaker amid the volatile backdrop.

Chicago Chicago Board of Trade Middle East

NYSE Slumps Amid Mixed Early Trading Data

Markets show uneven moves as investors digest scattered results and erratic price swings. A mix of gains and losses across sectors accompanies thin volumes and cautious trading in the absence of clear short term catalysts.

Peace in Vietnam Won’t Trigger Recession Says Magazine

New York AP report summarizes Exchange Magazine saying a Vietnam peace is unlikely to cause a recession. Economists expect persistent inflation and balance of payments deficits into the 1970s with only a possible mild slowdown after a treaty. Wharton study projects meager GNP growth first half, then a $15 billion quarterly rise.

New York Vietnam United States Exchange Magazine New York Stock Exchange Wharton School of Finance University of Pennsylvania

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