The Greenville News from Greenville, South Carolina • Page 13

usmess The Greenville News S.C. livestock CHICAGO (AP) FutLT tradimj Ties-aav on the Chicago fVwd a Trader Cnn IMi Um OostCha WHEAT S-aa Mln ptr bu Seo 4 38'j4 3' 4 11" 4 36' Oc 4 9 4 51'i4 41'-'2 41! 02 AMr 460 4 01 Mdv 4Wi4.0li4 02 Jul 4 39 4 43 4 32 4 42 0la 4 41 4 4S 4.41 4 45 .01 Sdles Man. 13 Total open interest Men 56 522. ip 185 from Fri. CORN ts, fdf I i 'I i 3 6tV iJXO dollars per bu 2iJ 2 84 i IWtjJSl'i 02 Dec Mar May Jul 2 80 2 83 2 2 2 .02 301 301' 2 2 i 01 304 3 04 2W-i302'4 01' -7 30i 3 OS 3.00 Seo COLUMBIA (AP) Here are MmrtaVs Soum Carolina livestock prices as report, ed by LriOA.SC DA.

Came and calves: receipts 1175. we ago 1000 one year ago 1375. At Anderson. Greenwood and ETvnardL as reported bv USDA-SCDA. compared mtn the previous Monday, slaughter steers and neifers too scarce for price cornpansm, cows steady to 2 00 kMer bulls 2 50-150 lower calves 2 00-5 00 lower.

Feeder steers and steer calves uneven choice steady to 3 30 lower good steady to 300 tvgher heifers and heifer calves averaging about steady. Slaughter cattle: heifers few good and choice 2 3 SO04B lbs 64 50-77 00 Cows: cornrnerciaf 3-4 43 50-48 00 Utility 47 0O-55 00 Few tvgtvdressinvi up to 58 09. Cutter 4300-51 00 Few to 5 3D Bulls: VVrtd grade 17 1JJJ1650 lbs 54 0019 00, lOOO-1300 Lbs S3 00- 5B 00 Calves: efnee 350-500 IDS 74 00412 00 Good 350500 lbs 71 00-74 00. Feeder cattle- steers: cfoce 700-300 lbs 10B00-I420O 300400 Lbs 94 0OH6 00 F-s to 128 30 Small frame down to 8000 400-500 Lbs 84 00-10000 Small frame and but Town to 77 00 SH3600 Lbs 79 0M7 00 Bulls down to 7600 Lbs 71 50-7900 700, 900 Lbs 68 SO- 00. Good TOO ID lbs 00-109 00 300-400 Lbs 85 00-102 00 Small frame down to 79 00 400-500 Lns 83 on-89 On Bui's down to 74 00 5OO4O0 Cns 77 0080 00 Bulls oown to 67 00 600-700 Los bulls '2 00-'7 00 71900 Lbs bulls 54 so, 6150.

Stmoard DOV0 Its Heifers: cho.ee 700 300 lbs 92 OR 105 00 Few to 112 00 300400 Lbs 7700-9200 Few to 99 50 400-500 Lbs .0 30413 00. SOOoi. Lbs 65 00-7100 Good 300400 IDS 7100-84 00 400-500 Lbs 62 00-71 00. Hogs: receipts 1375. week ago 850 one year ago 1400 At Anoersm Ehrhardt and Soringtieid.

As compared to the previous weeks clcrtr. barrows and g'lts lower Barrows and gilts: U. S. 1-3 19S240 Lbs 38 0t 39 Few U. 1-2 195-740 Lbs one area 40 40-41 50 34 200-240 Lns one area 3B 00.

Sows: teauv to 1 00 Lower. U. 13 UO390 Lbs 27 U. 1-3 4rooo Lbs 79 75 32.50. Boars, wn over 300 lbs 2tL50-33 80.

Omaha livestock OMAHA Neb. (API(USOA) Li vest ni quotations Tuesday: Hogs 5 701 barrows and qiltS 75-100 lower. 30OJO0 lb steadv; U.5. 1-2S 200-2 lb 39 5040 00. U.S.

1 3s 2SO-260 19 sows 2S50 lower 30050 lb 32 00-33 25 Cattle and calves: 5,000 steers 1 00-1 50 lower; heifers SI 25 lower- cows 100 I 50 lower instanc-s 2 It) lower; load choi-e wth lew prime 1150 lb stee. 65 00: several consigniTienis t-wce lb 64SH5 choice 000-1775 lb 63 OOaj 75 part load choice with few p. ime 975 lb neifers 63 75, choice 90O1OS lb 6 1 253 00 nigh cutter and honing utiU. tv rows 47 50-19 00. a tew high dressing so 00 so 50; high utility and cctmrwroal JS 004 50.

-al Man 518 Total open interest Mm. 178.591 uo 567 from Fri. OATS 000 bu; (Mian per bu. Seo 1. 1 46' 4 1 tPj 1 -00', Dec 1 0 1.0 1 S' 1.40 4 Mar IK 171 Inff; 1.701 1 Mav 1 77' 4 1 78 1 76 1 79 01 Jul 1 79 1 79 1.78 1 79 Sal Men 727.

Total open interest Mm S.S0S no 6S from Fri. SOYBEANS S.O00 dollars per bu. Seo 7 17 7 25 7 tl'i 7 23'. -05' Nov 7 IS1 7 IS 7 10 7 22 Jan 7 29 7.38 774 7 5'i Mar 7.42 7 1 7 37Vi 7.51W May 7 51 7.60i i 7.47V, 7 60 ..0614 7 58 7 66' 1 7 66''j -OS'. 7 55 7.64' 7.53 7.64'-i Oh 7 51 7 54 1.44 7.52' 1 Jul Auo beo 1 Cm Total open Merest Mon.

4 141 off 24 from Fri. act. SM0JXB pri pts. ft JTflds M0 Oct Seo 8608 86-11 864)5 8649 .01 Dec 8613 86-14 8608 ffc-12 -01 Mar 86.14 86-17 86-10 8b-14 -02 Jun 8613 86-14 86-18 8M3 -02 Sep 8610 86-11 86-05 864J9 -01 Dec 8S04 8605 8600 8602 -01 Mar 8S30 85-30 8S26 8S77 Jun 85-24 85 24 8S30 85 20 -01 Seo 85-18 8V18 85-15 8515 -01 Dec 85-10 8S10 85-09 85-09 -02 Mar 8S04 85-0 8S-G4 01 Sales: Mm 2672 contracts. Total open interest Man.

75.194 off 776 from Fri. LONG TERM TREASURY BONDS (( PCL- 100,000 prill; pts 32nds Of 1 p.t. Seo 9008 90OS 830 90414 -01 Dec 9001 90O3 89-23 9l79 01 Mar 9no2 SU04 80-25 8930 01 "Jun 9000 9001 9924 89 29 01 Seo 831 9OO0 89 23 89-27 01 Dec 8927 8:8 824 01 Mar 89 24 8924 89 70 02 Jun 89-16 89-17 89-15 8917 Seo 8916 816 89-12 8914 fC 8911 Mar 8908 99.18 8906 89-07 -01 Sales Mm. 7 332 contracts. Total open interest Mart 65098.

up 596 from Fn. 90-DAY COMMERCIAL PAPER LOAN5 (51 mllton, anraualiied discount rate) Seo 1142 1147 11 40 11 40 04 Dec 11 38 11 45 11 14 11 37 02 Mar 11.01 1105 XL98 1100 OS Jun 10 65 .03 Sep 1072 10 22 10.22 10 22. Sales Mm. 88 contracts Total open interest Mori, t.481. up 7 from Fn.

Chicago futures CHICAGO IAP) Futures trading on the Chicago Mercantile Exchange Tuesday: Oom Hoii Low aose Ov LIVE BEEF CATTLE 40 000 cents per lb. Oct 63 97 64 75 63 97 64 0 .87 Dec 65 25 65 8S 64 92 65 77 65 in 66 80 66 80 65 77 66 Ft 66 80 (95 66.15 66 90 Air 6' 90 68 00 67 20 6 7 95 10 Jun 69 00 69 70 68 40 69 0' .13 Aug 68 00 68 75 6' 55 68 15 .35 Ort 67 30 67 66 90 67 15 .65 Dec 684n 68 40 .40 Est salt's 186U: sates Men II 757 Total open interest Mm. 59 34; up 329 from Fri FEEOFR CATTLE 42X100 cents per lb. Seo 80 15 80 20 79 S5 8070 .65 Oct 77 75 77 90 76.97 77 82 .65 Nov 78 25 78 85 77 65 78 65 10 Jan 80 20 80 25 79 65 80 70 .85 Mar B2 40 82 40 81 45 82 30 .65 Apr 82 40 87.65 81.90 82.57 .43 May 82 50 82 50 81 70 82 30 90 Aug 82 00 82 25 82 00 82 00 1.50 Est. sales: 3 79R, sales Mm 3 991, Total open interest Mm 17 8B4 uo 4 from Fri, LIVE HOGS 30.000 cents per lb.

Oct 34 50 34 87 33.62 34 27 .78 Dec 34 50 35 05 34 00 34 22 .75 F-to 3660 3690 3607 36 52 .45 Apr 36 20 36 45 35 55 35 87 43 Jun 40 75 40 75 40 10 40 57 .43 Jul 4115 41 40 40 65 41.10 .50 Aug 3980 4022 1932 39 32 80 Oct 39 00 39 10 3B 12 38 17 .85 D-c 40.30 .25 Est sales sales Mm 6 177. Total open interest Mm. 26 486, up 271 from Fri RUSSET BURBANK POTATOES 80,000 cents per lb. Nov I0 0O Jan 11.10 Mar 1130 Mav 12.31 12 31 17 29 12.30 .19 Est. sales: 15; sales Mm.

4. Total open interest Mm. 127 off 2 from Fri. SHELL EGGS 22.500 cents per doz. Seo 58 25 58.40 57.60 SB 10 .20 Oct 57 45 Nov 61 61 15 61 10 61 15 10 Dec 63.15 63 15 62.45 62 50 .80 Jan 6095 Est.

sales: 50; sales Mm. 19. Total open interest Mon. 349. off 5 from Fri.

PORK BELLIES 38.000 cents per lb. Feb 40,70 41,90 40.20 41,70 .43 Mar 41 00 42.10 40 55 42 02 .57 May 42 70 43.40 41 85 43 32 .6) Jul 43 30 44 60 43 15 44 52 67 Aug 42 70 43 50 42 10 43.45 .50 Est sales: 8.023; sales Mm. 6 503. Total open Interest Mm. 23 359 up 111 from Fri.

Georgia poultry Artist's drawing of Meyers-Arnold store for Haywood Mall fAe ietv store will limit itself to the sale men's and women's sportswear Meyers-Arnold to build new store ATLANTA (AP) Tnp Georgia ob. dock Quoted price on broilers and fryers for this vieek's trading is 39.00 cents based on full truck-load lots of ice pack USDA Grade A sired 7 to 3 pound turds. The final weighted average was 38 80 cents o.b. dock or equivalent. The market tone tor next week's trading is moderate to active and the live supply is ranging I'ght to heavy but most-v adequate for a demand ranging good to balanced mostly good.

Average weights are in full range but are mosllv desirable with a price trend ranging Steady to higher, mostly steady to firm Tr ad ng on heavy breeder type hens seven pounds and over was active. The market lone is unchanged with offerings very heavy for a fair to good buying interest. Base Quotations at farm on seven pounds and over were 11 cents. aaiev zi bi. Total open interest Men.

95 791. 64 from Fri. SOYBEAN OIL 6.000 dollar per 100 lbs Seo 78 45 78 TO 28 00 28.67 .24 Oct 27 45 27 70 27 05 2767 Ok 26 60 27 00 26 30 26 92 40 Jan 26 50 26 80 76 19 26 75 .40 Mar 26 45 26 7S 26 15 26 75 .38 May 26.40 26 70 26.13 26 70 .33 Jul 26 40 26 65 26 15 26 65 33 Aug 26 10 26 50 26 10 26 50 JO Sep 00 26 32 26.00 26 32 .22 Sales ftATn 8 210 Total ooen interest Moo 58 923 up 1 0R5 from Fn SOYBEAN MEAL 100 tons; dollars per ton Seo 191 70 191 70 189 20 190 10 80 Oct 192 SO 192 50 190 00 191 90 .60 Dec 195 SO 195 70 193 40 195 20 .40 Jan 50 198 00 195 50 197 10 50 Mar 200 50 200 50 198.50 199 40 1 iJO Ma 203 50 203.50 201.10 202 40 1 00 Jul 205 205 00 703.50 703 70 1 70 Aug 206.00 206 00 205.50 205.50 1.40 Seo 206 60 .60 Sales Mm S32. Total open Interest Mm. 46358 uo 350 from Fri.

ICED BROILERS 30,000 cents per Mi; Aug 41 90 42 00 41 80 4190 Seo 38 17 38 12 37 80 37 85 .35 Oct 38 20 38 20 37 60 37 60 .70 Nov 38 15 38 15 37 50 37.90 .60 Dec 39 25 39 25 38 85 3B 85 .45 Jn 41.25 41.25 41.20 41 20 .20 Fb 41 90 Mir 42 50 42.50 42.50 42 50 Apr 42.50 Sales Mon. 72. Total open interest Mon. 1432. off 28 from Fri.

SILVER 5.000 trav 07; cents per trov 07. Aim 1000 0 1000 5 9R5 00 994 00 1 50 Sep 998 00 102 10 998 00 10210 -28 70 at 1006.0 1033.0 9KB 00 1032 5 28 70 Dc 1026 0 1053 5 1012 0 1050 8 27 30 1045 5 1069 0 1078 0 1067.5 26 10 Aur 1061 0 111.0 1046.0 1079 0 -23 10 Jun 1074.0 1 72.0 1063.0 1O92.0 -22 70 Aug 1088.5 1113.7 1O78.0 1106.0 22 30 Ort 1103,0 1120.0 1091 0 I120O Dec 1117.0 1134 0 1105.0 11,14 0 -22 40 Feb 1131.0 11480 11190 11480 -2230 Apr 1145 0 1162.0 1133 0 1162 0 22 .10 Jun 1159 5 1184,2 1147.0 1176.5 427.30 Aug 1174.0 1191 0 1161.0 1191,0 -22 40 Oct 1186,5 1705.5 1176.0 1705.5 22.40 Dee 1203.0 1219.5 1191.0 1219.5 21.70 Feb 1718 0 1240 0 1206.0 1234.5 21.80 Apr 1233 0 1249 5 122 1 0 1249.5 21.70 Jun 12480 1264.5 1 236.0 12M.S Aug 1263.0 1279.5 1750.0 1279.5 20.90 Sales: Mon. 10 390. Total open Interest Mon. 178 873 off 483 from Fri.

PLYVfOOO 76,032 so. ft; tMlars per 1JJ0O sq ft Lm to -Ma nri nn mt nn on ioo Gold By SCOTT SUNDE News staff writer Meyers-Arnold Co. plans to build a store in the Haywood Mall at Interstate 385 and Haywood Road, the president of the department store chain said Tuesday. Robert Alexander, Meyers-Arnold president, said that the store, which will be the chain's seventh in the Carolinas, will represent a marked departure from the company's nearly 80-year history. Instead of a department store offering both hard and soft goods, similar to those which the company operates in Upstate South Carolina and in Asheville, the Haywood Mall store will offer only men's and women's sportswear.

A store selling sportswear exclusively will "enable us to do things in a flexible way," Alexander said. He added that sportswear was chosen as the store's stock and trade because "it's today's way of living," reflecting the country's "casual lifestyle." The store's mechandise will be geared to "less conservative" customers and especially to working women, Alexander said. The Meyers-Arnold store will be in front of the Sears, Roebuck and Co. store, he said. It will be on the second level of the mall, but, because the facility is being built in a bowl, it will also be ground level.

Alexander promised that the store would be "the most eye-catching store possible the best-looking store in the mall." The store, which was designed by Atlanta architects, will include greenhouse-style windows for window shoppers. The 1 million-square-foot Haywood Mall will include more than 100 small shops and four major department stores: Sears, J.C. Penney, Rich's and Belk-Simpson. The $24 million shopping center is expected to open in August 1980. Alexander predicted that both growth of the area and expansion of the boundaries of Greenville's trade area will favor the mall.

Meyers-Arnold operates stores at McAlis-ter Square in Greenville and in Greenwood, Spartanburg and Anderson. It also has two Bon Marche department stores in Asheville. Alexander said his company would be looking for additional expansions after 1980. While he said Meyers-Arnold would continue to investigate sites for full department stores, it could also apply its Haywood Mall store concept in other areas. Bv The Associated Press Selerted world oold prices Tuesday: London nurning fixing 5316.20; after noon 'ixing 5116 75 Paris afternoon fixing 5312 80 up 54 '4 FranMurt 5J16 2I.

up VI 55 Zur-rh. bid 5315.75. up 52 00' S316 asked. New York- Kindv Harman ba-4) prne 5317 JO up 53 61 New York- Enuelhard seHlng. price 53" 15.

uo 53 40. New York: Engelhard fabricated gold S325.I8 UP 53 3B. Cocoa NEW YORK (AP) Cocoa Futures Tue-day on the Now VorK Coco Exchange: Open High low Clou Om. COCOA X.OOO lbs.) cents per lb. Sep 133 25 133.50 131 70 131 BS (X 137 75 137.75 135 20 135.75 Mar 111 25 141.50 139 50 139 65 -3 00 May 143 40 143.50 14725 142.00 2.80 Jul 145 00 145.00 145 00 144.25 Est.

sales: 902 sales Mm 400. Shakespeare seeks merger alternatives Nov Jan Mar MiV Jul Sep 198.30 198 50 195 40 196.50 1.90 1 30 196.30 194 00 194.50 1 70 198 30 198 30 195.70 196 20 I 80 197 JO 197 30 196.80 196 80 1 40 198 90 1.60 199.00 1.50 loom .1 Nov rAia 387. COLUMBIA (AP) The Shakespeare Co. said Tuesday it is looking for ways to deal with an attempted merger by Anthony Industries Inc. of Los Angeles.

Shakespeare said in a statement that it has authorized its investment banker, Kidder Peabody Co. to "seek financial alternatives to the merger proposal by Anthony Industries Inc. on terms favorable to all shareholders alike." Shakespeare obtained a temporary restraining order Monday from the Richland County Court of Common Pleas halting the sale. The company's board met late Monday, but declined to say what it planned to do percent, of Shakespeare stock from Wilmington Investments Inc. and Wilmington Securities Inc.

Wilmington Investments and Wilmington Securities are owned and controlled by Henry L. Hillman and the Hillman Co. of Pittsburgh. Richard M. Johnston, Hillman vice president, resigned as a Shakespeare director after the announcement of the stock sale.

Shakespeare announced last Friday that it had received notice of Anthony's agreement to purchase the stock and of its offer to merge with Shakespeare. Anthony manufactures swimming pools, home insulation sheathing and athletic wear, and had sales of $109 million last year. until Tuesday morning. The temporary injunction is scheduled for a court hearing on Sept. 10.

In the statement, the rod-and-reel manufacturer said its board "had determined that it did not have adequate information to take a position on the Anthony proposal at this time. The board also authorized officers and representatives of the company to hold discussions with Anthony." Shakespeare, which also makes equestrian gear, reported sales of $108 million in 1978. Anthony Industries Inc. announced Aug. 17 an agreement to buy 850,000 shares, or 35 BULLION KHUGERRANDS COINS DONT BUY OR SELL ELSKIfVHERE BEFORE YOU CALL THE GOLD EXCHANGE ATLANTIC WHOLESALE INC.

113 W.CHEROKEE ROAD 29501 Ml turf EmUiiMIMt T.lrpt032-25n VitlToIFrwlHO-MS-tXI) Dow slips as interest rates rise US) mi at the FAIR for 9. IBM was third, unchanged at 70. On the Amex, declines topped advances, 307 to 283, among the 836 issues traded. Composite volume totaled 4,283,950 shares, compared with 4,512,010 Monday. Numac Oil Gas was the mo6t active Amex issue, off 2 to 36 Dome Petroleum followed, off 1 to 36'g.

Gulf Oil of Canada was third, off 1', to 62'g. Corporate bonds Industrial, utility and municipal issues were unchanged in light to moderate bond trading Tuesday. Several major commercial banks reacted to recent Federal Reserve credit-tightening moves by boosting their prime lending rates -point to 12 percent. Government issues fell 7-32 in intermediate and 7-32 in long maturities. Short-term governments declined 3-32, according to the investment banking firm of Salomon Brothers.

NEW YORK (UPI) The stock market slowed Tuesday as the nation's major banks raised their prime lending rate a quarter point to a record 12 percent. Trading was sluggish. The government triggered some late buying when it reported the nation's July merchandise deficit narrowed to $1.11 billion from $1.9 billion the month before. It was the 38th consecutive monthly deficit, however. Chase Manhattan, the nation's third largest bank, led the prime rate hike move because the Federal Reserve has tightened credit to fight inflation.

Other interest rates have increased. Against this background, the Dow Jones industrial average, up and down in a narrow range most of the day, finished with a loss of 0.77 point to 884.64. A 5.21-point winner Monday, the Dow has risen about 60 points the past month. The New York Stock Exchange index fell 0.06 to 62.16, the price of a share eased 3 cents and Standard Poor's 500-stock index lost 0.12 to 109.02. Declines edged advances, '748 to 669, among the 1,879 issues traded.

Big Board volume totaled only shares, down from Che traded Monday. Composite volume of NYSE issues traded on all U.S. exchanges and over the counter totaled 33,132,250 shares, compared with 35,954,100 Monday. The American Stock Exchange index surrendered 0.95 to a 216.45 and the price of a share eased 7 cents. The National Association of Securities Dealers' NASDAQ OTC index gained 0.03 to a record 149.54.

Florida Gas was the second most active NYSE-listed issue, up '2 to 49-yg after a block trades of 250,000 shares at 49g and 115,300 shares at 49. Continental Group said it had completed its $350 million takeover of Florida Gas. Continental stock eased to 30. Penncorp Financial was the most active NYSE-listed issue, up l'g to I rv Upper South Carolina Tuesday, September 4th Itmi i jj! jj rnrr all Lames Hammed rncc Sponsored by tThe Orcenuilk News and GREENVILLE PIEDMONT Ml $1,000 Giveaway Entry Blank Name Address Stole WE CAN SERVE YOU IN KOBE WAYS THAN ONE. machine tools, a printing press, or even a cement-mixer.

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