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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
May 31, 1960
Page
11
Market activity shows cattle at limited offerings with steady live cattle prices. hogs steady on Thursday, with butchers and sows moderately active. Tech and industrials lift shares as TI, Sperry Rand, IBM, Motorola, Zenith advance. Dow up 2.04 to 627.62. AP index up 0.40 to 216.10 with mixed sector moves. bonds rise.
AP bulletin lists produce pricing across regions including apples from Pa and Md eastern shore, strawberries with wide condition range, potatoes with US1 sizes and weights, and sweet potatoes from NJ and OK. Notes slight strength or weakness in various items and standard 50 lb sacks pricing.
Chicago grain futures opened with firmness in wheat and soybeans on the Board of Trade. Others held steady or edged lower as July contracts showed mixed moves with wheat up to near 1.84 dollars and soybeans rising around 2.14 dollars a bushel.
AP dispatch from Chicago lists hogs at 9 500 head with prices mainly 15.00 to 17.60 per cwt across weight grades. Cattle and calves show loads of prime steers around 32.25 and 31.25 per cwt, Good to average cows 17.00 to 19.00, Holsteins and bulls priced. sheep market is slow with lambs around 22.25 to 21.00 and ewes 5.00 to 6.50 leaving most shorn lambs unsold.
New York trading moved higher on gains in aircraft missile and electronics shares. Investors bought defense issues amid a report that Senate Democrats plan a sharper defense appropriations increase.
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