Victoria Advocate from Victoria, Texas on September 23, 1986 · 17
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Victoria Advocate from Victoria, Texas · 17

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Tuesday, September 23, 1986
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itix, vuauniAAmucAifc, iuesaay, aepiemDer zs, iao do Business In Brief Moneylist By Brendan Boyd Short-Term T-Bills Up WASHINGTON (AP) - Interest rates on short-term Treasury securities rose in Monday's auction, reversing a decline of the previous week. The Treasury Department sold $7.8 billion in three-month bills at an average discount rate of 5.25 percent, up from 5.16 percent last week. Another $7.8 billion was sold in six-month bills at an average discount rate of 5.39 percent, up from 5.34 percent last week. The rates were the highest since three-month bills sold for 5.32 percent on Aug. 25 and six-month bills averaged 5.65 percent on Aug. 18. Rates in early September had declined to the lowest level in more than nine years before beginning to rise. The -new discount rates understate the actual return to investors 5.40 percent for three-month bills, with a $10,000 bill selling for $9,865.80 and 5.62 percent for six-month bills selling for $9,727.50. In a separate report, the Federal Reserve said the average yield for one-year Treasury bills, the fmost popular index for making changes in adjust- aDie raie nome mortgages, climbed to 5.81 percent last week from 5.79 percent the week before. Working Rigs Increase HOUSTON (AP) - The number of working oil rigs in the country rose for the third week in a row to 764, an increase of 24 from last week's 740, Hughes Tool Co, officials said. Last year at this time, the count was 1,955, company officials said Monday. In July, the rig count hit an all-time low of 663, but was on an upswing before it dropped to 727 in late August, according to officials of the oil toolmaker, which has kept industry statistics since 1940. More than 1,000 rigs have been idle since December, when oil prices began to decline, falling as low as $9 a barrel. Since Dec. 23, the rig count has dropped steadily from 1,955, officials said. In contrast, 4,500 rigs were active in December 1981. Lions Must Be Removed CHICAGO (AP) - Bally Manufacturing Corp. says unwanted cats are roaming two casino-hotels it bought in Nevada, and it may cost millions to get rid of the felines. The Chicago-based company bought the two resorts from MGM Grand Hotels Inc. in April for $550 million. AS part of the deal. Bally is required to remove all logotypes of the roaring lion that has opened MGM movies for 60 years. "There are more lions here than in Africa," said Richard Gillman, president and chief executive of Bally 's Grand Inc., the subsidiary that runs the resorts in Las Vegas and Reno. Lions adorn nearly every lobby, elevator and guest-room door and bathroom mirrors. In the casino, lions are on the chips, slot machines, game boards, wheels and carpets. Redecorating every guest room, at an average per-room cost of $10,000, could cost $28 million in the 2, 800-room Las Vegas hotel and $20 million in the 2,000-room Reno hotel. But luckily, under terms of the sale, only the trademark MGM roaring lion has to go. Bally can keep most of the lion-decorated items and fixtures until they wear out, the Chicago Tribune reported. Subsidiary Cannot Bid WASHINGTON (AP) - The Navy on Monday narrowed to a single subsidiary its suspension of Litton Industries Inc. to bid on and receive Pentagon contracts. The service, in a brief written statement, said it would now allow all units of the corporation with the exception of the Clifton Precision Division to resume bidding for Defense Department work. The Navy suspended Litton as a defense contractor on July 16, one day after the Beverly Hills, Calif., company agreed to plead guilty to a federal indictment alleging that Clifton Precision had bilked the Pentagon of $6.3 million over a nine-year period. On Aug. 21, after Litton agreed to a series of steps designed to tighten audit and contract proce dures, the Navy lifted the suspension as it appliedT, to the company s largest units the Advanced Electronics and Marine Products groups. Monday's action restores contracting eligibility to three smaller divisions, leaving only Clifton Precision still ineligible for Pentagon work. The three divisions released from the suspension were the Industrial Automation, Resource Exploration and Component Products Industrial System groups. Corn, Soybeans Higher CHICAGO (AP) - Corn and soybean futures prices were mostly a little higher while wheat declined Monday on the Chicago Board of Trade. The gains in soybeans were essentially on follow-through buying from a sharp rally on Friday, said Mickey Luth, an analyst with Shearson Lehman Brothers Inc. Traders said weekend rains and more moisture in the forecast also helped bean prices as well as corn. Wheat futures lost as much as 4 cents a bushel, partly on sharp declines in foreign currencies and the Agriculture Department's announcement last Friday that it plans to leave unchanged the $15 a ton subsidy on any wheat sales to the Soviet Union. On the close, wheat was unchanged to 4 cents lower with the contract for delivery in December at $2.57Mt a bushel; corn was unchanged to lMs cents higher with December at $1.66V4 a bushel; oats were cent to 2 cents lower with December at $1.26 a bushel; and soybeans were V4 cent lower to 2 cents higher with November at $4.86 a bushel. DROPPING PRICES IN THE VCR MARKET PrlctRmg of 1981 1 of 1983 Undr $300 7 22 $3QO-$499 22 56 ssoo-seoa 2m u $700 $nd o,y 43 8 Figures rounded SOURCE: Discount Store News (June 9, 1986) o o c New Fed Actions Believed Unlikely MARKET HIGHLIGHTS Markets At a Glance NEW YORK (AP) Markets at glance Monday New Yert Slack Exchange 1130 advances. 41 declines. Most Active USX Co 23H uncfi Sales lajattUO index lis ts-1 it Bongs Dt40,ao Aaateicaa Stack Exchange BS advances. 371 declines Most Active Horn 1 Maraem U'l-I1 Saies 170.000 Inon Hi 17-! 15 Bonds S3. mB0 Wheat tower Corn Higner Oats Lower Soybeans Mostly fogner 01 Counter 12 advances, 18 declines Most active dollar value Apple Computer JS'la Most active voiume MBO Co -no-va NASDAQ saies ttm no NASDAQ composite 352 S5- t) nms composite lass?-137 AMEX nornner Sal 103 H-t - It CMS n . - BAT Ina 442.48 I SU -1 11 EcnoBet g Oli - . mperCM A g 2Mo9B D 1 V OuitCenedi " te 306 S - 1 Sfenio no toe 14 ta MomeSnop s 111 KB B 1 . 1 GAntCen ot 111 OX 1 Amoifu 205.7 'i . S INDEX NEW YORK iAP) - American Stock Exchange indei High Lew Clew Ckg mx wot jam' -us AMEX SALES MEW TOOK (APt-Ajwencee lirinn Start Sales Total stoci sates. !4T048 Prev full oat tlKM wee. ago lite TO Montti ago 7 AS .100 US 000 2.2514100a M.nm MOST ACTIVE NEW TOR ,APi "Saies. closing price and net change ot me ten most active Amerxen Stoca Exchange issues, trading nationally at more man 11 Last Chg Yeer ago jan 1 to date KtS to date Money Rate NEW rCRk 1AP1 - Monet rates tor Monday -as ot 1 a 0 m . as reported or Tewrele Srstems inc Teiereie interest rate moet S 751 Prime late 7 9 ' - Discount Rate SB Broker call loan rate ? Ofr 7 25 Federal tunas marte rate won s US iow s Ills Kst S I7S Dealers commercial paper dart SBSB Commercial, paper Pv finance company Bttldrn SB SSI Banurt acceptances deawr inrcerons Bdevt. SI atot aerv 5 75 0 in dan. S 71 m i dan. s 7t IB in dan. sat mm pan. Sit Certificate! ot Dtposit iiaoa B St oars. S mm dan. Sat ant pan. sa IB let dan. S at ii dan. se) nor dan. ssi 170 1 rear 5 54 Eurodollar rates Overrvgflt SUBS 4175 I more. 1 94254 WJ7S I rnonrns. It IB t norm, t 125 1 rear, a 354 ITS London iiaerw Cetered Rate 3 monms. 1 M3S t montnv I oaa Treasury B auction results average discount rare J morn at ol Sep 22 SB ' amenta a tf Sep 23 SB Treasury Bid. annuatiM rest on weekly everage batts, yvHd adiusttd tor constant rnarumy. I rear as ot Sep 22 Sll . Treat B.umertet rate. 1 rear 5 505 at Treat. BondrAerxr! rave .30 rear 7 71 mob Money market tune Mama LmcA Ready Assets day average rtd' Sa ' DoW Jones Averages NEW YORKiAPI Final Oow-Jones avgs. tor Monday, Sep 22 Low CMse On 30 ind 10 Trn IS Utl ts sir. Indus Tren Uti Is 15 Stk Opea Hie 1771 17 1747 II 171 7 173 45-9 BJ 774 9 7BB 773 11 TV 43- 49 200 II 203 54 141 4a 7B U- ITS 147070434458 707 04- 143 23.344.000 3JB7.S8 4417,100 31.240 POO 20 Bonds Vt Public Ulil B Industrials Common futures 40 7V-0 02 4174-41 (141-1 II 127 .73 25 Standard, Poor's Avgs. NEW YORK IAP) Standard and Poors Sfocs Indexes for Monday Nig Lew date CM 400 indvst 20 II 257 07 2O0 II - 104 20 Transpt IPS 14 101 14 M0 71 - 0 m to utilities in 17 vgt a ill 17 - I II C Financi 27 21 24 St 27 21 - 0 14 SOB Sfocxs 234 S3 232 20 2)4 43 2.72 SANTA MONICA. Calif AP The W rtture Associates' 5000 Edurty Index, me market value ol im NYSE. Amen can and OTC issues, was 12.345 457 billion Monoer up 127 IB b-Hion or 1 la percent from Friday A rear ago me index was II 41 SOt Pillion NEW YORK iAP) - Tnt value Line inon of 1415 NYSE. American and OTC stout was 223 21 Monday, up 2 33 or 1 OS percent from Friday A rear ago me in-dri was It2 24 OTC NEW YORK (API - NASDAQ over the counter indexes for Mon Wee Mm iff) index Close Cng Ago Ago Composite 153 S5- 1 )2 145 H .172 ndue 347 If- 3 22 140 42 174 12 F.nanc' 4K t- 1 47441 22 B insurance B 9t- 2 1 411 41 . 443 B Utilities 322 1- 4 01 313 41 141 41 Bants astC 7 15 THtl 43713 Transport 311 SI- 1 71 313 87 12 M NMS Come lit 7 - 1 17 147 03 11 47 NMS Inds 1KB- I 2 127 tl 145 74 NASOAOW . 2PJ 24- 1 13 2 .TIC MOST ACTIVE NEW YORK (API - Most active over me counter stocu supplied Dy NASO Last or Uhm VaMae Bw) Aikad Ova HBO I7U.IOJ I2S -In, AppieC I473.B0 B. -m itetuey IJie.SB ma - t UACm s mrm 17 - a BanMt pr trjo - at MCI 7T1.2O0 I - SvcMer 7al400 114a t J.lt S 717.700 tX. - v, Redox S 571 400 24 -" - ui WOW . SI2JO0 21 -l"l Advanced 1.22 Declined Ok unchanged 2J10 Tot) rssues A414 Mew twgns 47 New lows at NYSE INDEX NEW YORK IAP) - Cnfeng New York Stock Exchange index: CSps Cllteig Market -43 cents index 135 05 -1 51 Industrial 154 1 -111 Utility 7143 1 03 Finance 141 N -i n SALES WASHINGTON iAP) - The Federal Reserve, which has been aggressively pushing interest rates lower this year to prop up a sluggish economy, is unlikely to ease credit conditions further because of concern over renewed inflation and signs of economic revival, analysts said Monday. While economists said" they doubt the central bank will go the other way and tighten up on interest rates, they said the steep slide that pushed rates to the lowest levels of this decade is over. Policymakers at the Federal Reserve, who meet eight times a year to map monetary strategy, will convene behind closed doors Tuesday. The 12-member group, known as the Federal Open Market Committee, is composed of the seven members of the Federal Reserve Board, headed . by Chairman Paul Volcker, and five of the 12 presidents of Fed regional banks. Mter the past two FOMC meetings in July and August, the Fed announced reductions in its discbunt rate, the interest it charges on loans to member financial institutions. It was the most dramatic signal the central bank can send of intentions to push interest rates lower. In all, the Fed has cut the discount rate four times this year to its current level of 5.5 percent, the lowest rate since the summer of 1977. A variety of other rates have fallen as well as the central bank tried to use its power over interest rates to get U.S. economic growth back oh track. The economy, as measured by the gross national product, rose at a dismal annual rate of just 0.6 percent in the April-June quarter, its weakest performance since the last recession ended in 1982. But analysts noted signs that the economy will perform better in the final six months of the year. Unemployment dipped to 6.8 percent in August, its third monthly decline, while industrial production has risen as well. If the economy does pick up strength, the Fed would not be under the same pressure to ease credit conditions to stimulate economic growth. Another factor weighing against further loosening moves, analysts said, was the recent jump in the price of gold and other commodities, which have raised fears that inflation is headed higher. ' Those increases have already driven up long-term bond yields by more than one-half percentage point since Labor Day - NEW YORK IAP) . Approx final total Prev full day Week ago Montti ago Year ago Two rears ago Jan 1 to date IH5 to date Itta kg date NY Stock sales 120t0UX 15340400 155420.000 104.150400 104.700400 7t.JK.M0 25.704,454452 .I442S400 n4N.7X400 WHAT STOCKS DID NEW YORK (AP) Sep 22 'Oder pay Advanced XS JOT Declined 27 j,i Uncnangefl 2j, m Total issues us . too New nigns 12 "e lows 14 n MOST ACTIVE NEW YORK .API-Sales, closing price and net cnenge of the fifteen most active New York Stock Exchange issues, trading nationally at more man II Name volume Last CM USA Corp 13.54,700 2 Comw E0.S 2417400 33' a - MesOLP of 1.704100 14'1 - t PonGenCp 14114O0 XV- -1H 6 1.473.000 IBNj -I wnAir Lin 1.2B400 111 HoliderCorp 1.175.500 5 -1 AlKStrs s " 1.110.000 SU - Va PepsiCo S I Oil MO 24 - t GenElec 1440.200 73'a -2H AnorsCllr 1.031400 tfl -4t CoceCoia s 42.000 33t a Slen Orvg 424400 43 - ' AmerTIT 422.500 23. - 1 PunSvc ind 413JOO ll'a - Uj Group Averages NEW YORK iAP) - The following list gives odev'S average net cnange for me common stocu m each group Monday: Aerospace. Aircraft St A Transport - i Auto. Truck Nj Auto Parts i Accessories u Bants. Savings 1 usan - ' Beverage Soft Drints . - i Brewing, Orstithng - i Volume Leaders new YORK (API -The tasowvng is a list of me most active stocks based on tne doiiar'voiume for Monday The total is based on me median price of the stock traded muRipiNKI by me shares traded Name TotHMOO! Sales. nasi ust USX Corp IBM Comw Eon ' rtoixserCorp OnElec Cottlndus AiidSfrs s AndrtClar DidVaiEo. s Enon PttalitTAor s RoeshwCon duPont OwensCnPr-. 1115.721 13542 25 1203404 147B I30H 445 551 2417 H 77,7H 11TSS 5Ni 12541 KM2 71'. 11,171 4B 45H 14457 11 WO St U2441 XBM atu, 11470 344 47 154(24 141 " 153474 (371 t4v Sail 1321 14 147.454 1114 1041 Sat 141 5771 1141 145.241 SM -77 Building CTtemicars CmunKjfion Conglomerates, Diversified Containers. Packaging Drugs. Medical Supplies Eiectronicv Electric Products Finance Foods. Commodities Food Markets i Vendors Sold, Silver Hotels. Motets. Tourism House Fumisnings insurance investment Companies Mecnine Tools I Accessories Machinery Mei Faoncarmg Mining inon metallic) Motor Transport I Leastng Hon ferrous Metals Office Eoutpmem I Services Pacer. Puip Petroleum Photo Products A Services Precision losmirnents. Watches Printing. Publishing Railroads. Rail Edipment Real Estate Recreation, Leisure Restaur ants Retail Trade Rubber. Tires Shipping. Shipbuilding Shoes, Learner Products Soaps, Cotmctics. Toiletries Steel. Iran Textiles, Apparel Tobacco utilities Electric Utilities Gas M y Nj - tt r - Nl - N) - Nj - X V, '.4 ' uncn a - 'n - va Va Va - In V, oncti t V, uncft e va Va a - Vi V 5. Uj UJ t vt vt Va Va Hammer To Be Partner LOS ANGELES (AP) - Armand Hammer, chairman of Occidental Petroleum Corp., finally will own part of the company that makes Arm it-Hammer baking soda and other consumer products. For years, the 88-year-old Hammer has been asked if he owned the company that makes Arm & Hammer. "Everybody would ask," Hammer said in an interview last year. "A few years ago, I offered to buy it so I could say yes. But the owners didn't want to sell." Occidental announced Monday it has signed a letter of intent to form a partnership with Church & Dwight Co. Inc. of of Princeton, N.J., which makes and sells consumer products under the Arm & Hammer label, including sodium bicarbonate, deodorizers, toothpaste and laundry detergent. Under the partnership, to be known as Ar mand Products Co., the two companies will have an equal share in a potassium carbonate . plant at Muscle Shoals, Ala. In exchange for 50 percent of the operation, Occidental will receive 1.11 million shares, or about 5 percent, of the common stock of Church & Dwight, plus $5.3 million in cash. The stock is worth about $13.5 million. Hammer will be named to the Church & Dwight board. The majority of Church & Dwight, founded in 1846, will still be owned by the company's founding families. Occidental acquired the Alabama plant this year when it bought the chemical division of Diamond Shamrock Corp. Potassium carbonate is used in foods, fertilizers, rubber and photographic chemicals, as well as glass for color television screens. Stock Advance Strong NEW YORK (AP) - Stock prices staged a broad advance Monday, turning in their strongest showing since the market's early-September sell-off. But trading was light, and analysts said they weren't ready as yet to proclaim a complete recovery from the battering suffered two weeks ago. The Dow Jones average of 30 industrials jumped 30.80 to 1,793.45. Volume on the New York Stock Exchange came to 126.06 million shares, against 153.86 million Friday. Analysts said bargain hunting was encouraged by declines in open-market interest rates. Prices of long-term Treasury bonds, which move in the opposite direction from interest rates, rose about $5 for every $1,000 in face value. There was also some relief among Wall Streeters that last Friday's "triple witching hour" had passed without any significant damage to stock prices. On several occasions in the past, the last trading in a set of expiring stock index futures, index options and options on individual stocks has produced wide swings in the markets. This time, however, prices remained relatively steady. Other than that, brokers said there was little in the news to stir enthusiasm for stocks. Many Wall Streeters believe investors' confidence will need longer to revive after the kind of losses they have sustained lately. On Tuesday, government reports are expected on the consumer price index and new orders for durable goods last month. But analysts say those figures by themselves are unlikely to clear up confusion about the outlook for the economy and the inflation rate. The most intense activity Monday focused on stocks involved in takeover news and speculation. Robertshaw Controls jumped 14 to 84. The company said it agreed to be acquired by Siebe PLC of Britain for $85 a share in cash. Anderson Clayton gained 4 to CO1. After the close oh Friday, Ralston Purina said it was considering making a $62-a-share bid for the company. USX led the active list, unchanged at 25 on turnover of more than 13.5 million shares. The stock climbed 4 points last week amid rumors that one or more large investors were building up positions in it. Point-plus gainers among the blue chips included General Electric, up 2V8 at 73V4.; International Business Machines, up l34 at 138; Ford Motor, up 2 at 54; DuPont, up I3,;, at 81, and Minnesota Mining & Manufacturing, upl78at 103. In the overall tally on the Big Board, advancing issues outnumbered declines by nearly 5 to 2. The exchange's composite index added 1.56 to 135.05. Nationwide turnover in NYSE-listed issues, including trades in those stocks on regional exchanges and in the over-the-counter market, totaled 151.34 million shares. Standard & Poor's index of 400 industrials rose 3.04 to 260.11, and S&P's 500-stock composite index was up 2.72 at 234.93. The NASDAQ composite index for the over-the-counter market gained 3.12 to 352.55. At the American Stock Exchange, the market value index closed at 261.29, up 2.15. - DIVIDENDS tAOIIOAr WVIDf MM DfCLAifO NRM Energy 45 4B 11 15 Per- tt el. Par Saxon Oil t) 11 15 tad rate record pott REftULAR IllituUI Actio Corp 47 1014 F reapon McM OtG 4254 4B H American Erpretl 0 .14 1 II II Wtnthrop Inaur II J f- ! Am Fed) SviLoan 0 .15 4B H-14 rrocd Baiisoum cot a 7t io n i Aceto Corp djc 1414 M4 BrrtithCol Fore 47 BIO 1)1 Gen Mint a) 117 CaMvpr lac 0 IB W-17 k lfarlspm Fen-Lanes inc , .04 B24 1I11 Bncp ! II ) HartttSMamBoilor Q B M-m tps a Sir I tptlt. fwiyt lac I HI BIS INCREAMD Hotel Hw Tr 0 B Bl II I Ktmthnt Inter .OH t-n - KragM Bidder . O .22 4 24 104 Gan mm M ) II I Lara) CP 0 B 4B 1017 CMMCTtON Loamy Tramp Q 175 425 15 NtSec TotelRefurri 445 (- U Moore Find 0 ,B l IBM k-ctrrecttng piratvr. Ohio Art Co Q . N 11 7 INTIRIM Pioneer Std 0 49 M IM AhtttJ NV ADR I JH 4-11 U Stewart lfo-Svj Q .B B-B B-H k tpprei anywal. UNITIL Corp Q 45 IM 11 IS miTIAi. VMS Mtg Inv M M l 11 IS FsrFdSvBA Mont a 42 ) BB rPayabat at Canadian Funds. OMITTIQ FUTURES PRICES CHICAGO QUOTATIONS CHICAGO IAPI - Futures wading on me Ok ago Board ol Trade Monday Opto Hw. Lear Setnt CNg. WHEAT MM Pa ipwiaiti; atatars per kvakwl Dec 1425 21 1 57 2 S7',-I Mar 1 Sui 1 57 1 5i 1 SM -43'4 May 241V) i ova I4jui iav, -otm M 113 IB 2.31 211V) -aovi Sap 214 Fri 1 tales A247 Fri t open tnt 31.421. off 3. CORP) Dec lASVa 114 145 Tl 1 41V, Mar 1 9 1 7H 17SU1 1 T7'4a 41V, May 142' I BS 142 1 IM 41Vi M 141 144H144 1B'0I' Sip lOVllOS IO 14M4.0V Dec 1 17 IP) 1441 147V, Mar 1 41 1 41 1 47V, 1.47V, Fn i tales ION Fri s open tot lHJVt, up all. OATS Doc -.01 -01VS 1 20 l lOVi 1.23 I It Mar 1.2441 1 24H 1 25V1 IB May 114 1 25 1.23". 1 25 M 122 Fri 'i sales 742. Fri 't open M 2457, off 144 SO V BEANS 447 440V1 445 4lVi Jan 4 45 4 44 4 41' 4. 441 Mar S03V, 504 541 5 02 -ajua May ' 504 5,11V) S ITU 544Va 00 Jul S I IV, S IM 5 ' lllw 41w Aug 511 5.11V) IB S IC 42V, S 547 .BI Nov 5 44 5 WV) 547 541 41 Fri 1 Salet I4J2J. Frit open tot 49441, up 1,14. SOYBEAN (ML Oct Oat Jan Sap Oct Fri.'l ! 14.35 14 42 1417 14 24 14 41 1541 1475 I4B 15.04 1515 UL43 IS OS 15 B U 15 B U 24 1545 1541 15.4) 15.9 U74 U4S U.5t 157 IS TO" 1545 15.45 15 74 140 MB 15.7) 15.7) H IS H IS 1545 UBS I 21,235 Fri.'l opea tot 52425. uo 55 SOYBCAN MEAL May IB B 151 la w 152 B 1S3.M 151 B 15241 15)71 15341 154 B 154 B 1944 1544 154 71 154 B 155.9 155.9 154 155 a) 155.9 15140 15544 15500 1549 Frit sales VL155 Fri.1 apaa tot 5T421, up 444. 199 1519 152 B 152 41 151 B 154 B lss a 1549 -14B -1.41 -1.9 -1.9 -I4B -I4B -1.9 -IB CHICAGO AP) - Futures tradtnp- pa me OUcago Mercantile Exchange Mov a-a: Opaa rHfk Law letna CH CATTLI ' Oct II I 11)0 U 25 10 25 -1 SO Dec 9 4 9 41 57 B 57 -19 Feb Sta 5115 55 72 55a -125 Apr S745 5745 St 5700 -18 Jun 57 P) 57 10 541 5 42 - Aug SttS 515 55 B 559 -1.25 Oct 55a ssa 5sa ssa Est sales 14,215 Fri s sales M431 Fri 's open Mt 64. 7H. off 414. FEEDER CATTLE Apr May 12 2 JO 12 05 4179 ti a 2 a 42a tin 13 SS 133 tia 4175 4171 11 74 42 75 3 00 13 a 11 4124 43 45 am urn 4145 4225 i 9 i 9 a a ti n Est sales 1JM4. Fn 't sales 534. Fn 's open m 1414, off 57 HOGS MAM a.; ceaes per ax Oct ssa sta 54 a 54a Dec 55 9 5554 54.37 54 27 - Fek 548 Saa 5347 527 Apr 4 9 9 4713 47 13 - Jun 910 9 9 mm 417 jui 4t a m m m m a ss Aug 429 am m v .a Oct !. 44 a 43 9 43 75 Dec 44.a 4a a 43 a 4145 Est sales 4.111. Frit sales 5431 Frit open tot 15.414, nfl a. PORK BELLIES M$ BeaeaU CelTaeH ftt Ih. Feb HB 75B 75 42 75 43 Mar 75.25 75.25 74 74 May 74 K 74 rj 2345 72.45 Jul 72 B 239 71.11 71 IS Aug in tea mm mv Est sates 1,335 Frit sales 1447. Frit apaa tot 1,741, up 375. -JS -45 -45 -.70 -55 -.45 -. Oata Hrpk Law Setrtt Of, LUMBER iitxaa ad. rt.j i par 14a aa. ti Nov M4 9 171 B US U7.9 2.9 Jan MSB 17 Vel.9 13 B -1.9 Mar 15. B 144.9 Ml B M1.9 -1.4 May Ut-9 17 14 a 145.9 -B mi. usa mm vug us a -ia Sep 15.9 M5.9 14541 V55.9 -4B nov us a us a us a us a i .a Est. takn 3411. Fri.'l sales tin. Fri t open tot 545. off IBS US T. BILLS II tataUaaj art of BP act. Sep 44.9 4442 44.75 44 75 K Dec Mil 44.71 Mat M2B .a Mar MS4 MAS MS MAS 44 Jan M M47 MO M47 .B Sap M IS MB M IS MM .B Dec 4142 n il 4142 4344 .47 Mar 4347 43 B 4347 43 9 47 Jun 4)17 47 Frl.-t sain 4U Fri.'l opaa tot J7443. ap 4)4. EURODOLLARS II illlia;pH PI H4 act. ok 4174 43 a n n n ts .a Mar 43 a 4172 43 M 43.71 . Jun ' 43 41 41 4143 4) B .1 Sep n il 43 U aj.ll 4)15 .9 Ok 41 H I1.7I 43 74 4177 4 Mar 4114 419 4274 43 B a Jun ; 4241 42 B 43 a 4104 Frit sales el,NI. EUROPEAN CURRENCY 12548 wans Dec m 44 93 44 92 41 102 70 2 B Mar mm mm mm mm -its Est sales 1 Frit sates ). Fri 's open tot NX up 1. CERT. DEPOSIT ti mmm; ids a va pet Sep - 44.21 .B4 OK M24 .04 Sep 43 44 44 Frit sales 1 Fri 'S open tot 35. off 3. SMLVERIvai) 14a aL; cents per er Lav Setrtt Ote, Sep Oct NOV Dec Ftp Apr Jun Aug Oct Ok -1.0 -15 -1.1 14 -1.0 -1.0 44 -34 4 100 0 944 0 94 0 HB O M2.0 5440 544 0 102 0 10IO 4W0 5444 tOt.O 115.0 I1S.0 M0 415.0 172.0 133.0 113.0 1310 4B 0 0 1314 437.0 4)5.0 ta.0 4B4 4)4.0 1504 491 141.0 1414 141.0 4S54 44 4 Frit sales 1417. Fri.'l open int 13,42, up 401. B YR. TREASURY sttAaa prta; pts 4 rpvea al va pet Dec va- vais tool won ti Mar 44U 441 44-7 4413 13 jun a-n a i an an ti Sep 47 15 47 8 47 15 47 8 -1-33 Dec 48 44-35 44-9 4t25 Fri.'l sales 13,727 Fri.'l opaa int 9437, up 2,723. 110448 aria; pts I 34BPS al ia act Dec a 10 945 9 10 9 35 34 Frit sales S3 Fri 'i open tot 143, off 1 US TREASURY BONDS II pct-iiPMa.-pn t rawts al va pet) Ok 1-1 1) 1-3 1-J 1) 1) -) 43.33 4J 31 4114 42 2 43 35 41 22 42 21 Jun 41 41 14 74 41 23 Sep 40-B 44-37 9-8 44-35 Dec 1414 a aw I B Mar 9 9 04-7 a n 045 Jun 915 Sep 07-37 1-) Ok 04-8 47 Tl a 8 474 1-1 Mar as Kit a-31 a 25 1-1 Jun tel pa B5-35 ail Fri t sales 80344 Frit apaa tot 11SJ27, ap 13477. MUNICIPAL BONDS tlPMI kMniptl 4 IMS a BB Ptt Dec Ml) 4511 4421 45-11 1-3 Mar M34 11 Frit lava im. Frit open int 44K ap 413. CHICAGO (API - Foreign money riturn trader) an the Cnicago Mercantile Exchange Monday Nat change deletes decimal 1 Opaa Wpji Lav Serrla Otf, BRITISH POUND pakT pttWtti I pateM ejVMlt M-MVI Dk 1.44B 14420 1.4)55 I.OM 19 Mar ' 1.4SB 1.439 1.419 I.434S -345 Jta I 42B I.4M I.4V9 1.974) -39 Sap I J49 IJ49 1J49 1.14M -49 Last Spot 1459. alt 313. Frit salts 714 Frit open tot 34474, a 1414 CANADIAN DOLLAR I par atr; I pan taoab a mi Dk 7V45 .7173 7U1 .7173 1 Mar .71 M .7111 .71 B .719 1 Jun .704 1 Sep .2011 1 DK '4447 1 Last spot .7705. up 03. Fri.'s sales 1411. Fri.'s open Int 1,741 up US. FRENCH FRANC I par traac; I pawn aaaih a.Bf441 Dk .ISBO 15W0 15100 .15700 Mar .1449 .1449 14450 .15000 Last spot .1505), OH 347. Fri.'s sales 3. Fri.'s open int 304. GERMAN MARK I par mart; 1 petal equals a.M01 Dk .mm .mm .4474 .4434-115 Mar 443 .4415 .444) .4454 1U Ml .4404 .4444 .4475 .4444 -N4 Latt SOOt 4423, Ptt 45. Frit teles 20.107 Frit open tot 43,445. up 149. JAPANESE YEN I per yea; 1 paint levari M 4PM41 Dk 404520 001531 .00513 .00514 -41 liar .0054) .0055) 00537 .0059 -M Jun .0059 .0059 .001575 .00571 -44 Sep .00543 -tl Last spot .044500. Off 51. Frit sales 3A543. Frit open tot 37411 up 4444 MEXICAN PESO I par pan; I ptaat eejuets 9.0491 No open contracts. . SWISS FRANC I par h-anc; I aaatt eoaats 9.491 Dk 4137 41 4104 4115-137 Mar 4M0. 4UI 4133 41 -134 Jun 4445 4V45 415 414 -141 Sap 4340 4200 429 4141 -142 Laat spot 491, off BR. Frit sales B.24. Frit Ipen tot 32,445. up 4411. NEW YORK QUOTATIONS NEW YORK IAP) - Futurel trading Opaa Haaa Law Settle Cag, OLD Mt eTa m.; 4towaiWi ptt Oct Dk Fat tm.m 441 4409 441.9 4)3.9 441. B 4.9 443 4.9 44) 00 44t.W 430.9 445.9 49 441 a 444 59 442 B 444 B 4.9 450 9 453 9 447 a 452 74 4.8 4559 455 9 444 a 454.9 49 459 IBB 4559 aa a 4.8 499 416.9 454 M 41440 48 499 470.9 44)9 414.9 49 473 B 47)40 49 .9 473 9 49 474. 474.9 4739 471.70 4.8 474 4M B 477,8 443,9 49 M (7,434 an tot 151,711, off D3.' Jun' Frit Frit i SILVER SvMl ttvf (at; CapflH ftt fray H. Sep MI S 1474 5454 5404 Oct aai Dec Jan 0B7.B B 0 9N 1455 102 1 11.0 am i ia.) 4U.0 tW4 1474 414.1 -.0 -IB -14 -1.0 -1.0 -14 May 424.0 (M i 4150 421.4 -1.0 Jut 4315 132.0 124.0 421.2 -1.0 Sep tao 34i 420 435.0 -1.0 OK 9 0 450.0 IB S 445.3 -10 Jan 4t 0 1.0 Mar 4550 455.0 554 54 -.7 May 40.0 412.0 MO O 14.1 - 7 Jul 473.2 -7 Fri.'s sales 27442. Fri.'s open Int BMat, up 1.451. NEW YORK (AP) - Copper futures trading on the Comex Monday: COPPER 2548 IPs. Sep Oct Nov Ok Jan Mar May Jul Sep Dk Jan Mar May Jul Fri.'l sales 5442. Frit open Mt 4544), ALUMINUM 848 Rat.; coats par Sep Oct Nov Ok Jan Mar May Jul Sep Dk Jan Jul Fri.'s sales 57. Fri.'l open tot 49, up 9. NEW YORK IAP) - Futures trading on the Haw York Mercantile Exchange Opaa High Law Settle Oka. PLATINUM 9 tray at-; Padua per Opto High Lew Settle Ota. CaWti per 11.75 11.9 SOW 40.45 .05 4105 -.05 419 -.05 43 45 42.70 41.40 41 iS - IS 1145 .IS 4245 1240 1170 1145 -40 24S 43.20 2.M 43.15 .8 43.B 4340 2 5 429 -.9 42.45 40 43.45 44.8 3 4) W -40 43 20 -.9 14 40 4jg 44 00 3 9 -40 44.9 ROO 44.00 43 9 -.8 44.10 -.9 539 -30 S3 40 -.9 53 a -JO 539 -.9 53.45 -. 53.9 -.45 S4J0' -. 54 45 -.m 5445 -40 54.75 -a 54.45 -.a 55.05 -. 55.15 -.40 55.25 -40 Sep Oct Jan Apr Jul Oct Fri t l Jun Sop 547.9 4U a SM M 415 9 33 9 4039 111 74 9S. 411.70 35.9 M0.9 tHM 544 9 IM.N 35.9 Mt 9 114.9 M) 9 414 9 35 9 4119 41)40 tOt B 4D.9 159 4B.9 110.9 4B.M II I 15.9 Ha 1451. Frit open tot 27, Ma, all 44. PALLADIUM Sap 145 IS 199 14SIS 147 25 145 Oct 14125 2 35 Dk 145 9 199 14)9 141.25 345 Vtt B IB 145.9 14 55 2 147.9 147 9 uta van 1.9 19.9 19.9 150.9 14715 341 Fri t lata 49. Fri t apaa tot 4451, up 51 NEW YORK (API-Sugar futures trad tog an teat New York Coffee, Sugar and Cocoa Excnange Monday: Opaa High Lew Settle Oa. 442 4.9 475 474 -.63 5.43 543 530 5.33 -.11 400 4.05 545 5.8 -: 6.2 49 6.11 412 -.11 6.41 .50 6.11 6 31 -.13 4.43 -.04 447 6.67 454 145 -V0 11249 lbs.; cents per a. Nov 20 5 20 65 3045 815 Fri.'s sales 4 'Frit open int 244, oft 4. SUGAR-WORLD 11 11148 as.; cents per 9. Oct Jan Mar May Jul Sep Oct Fri.'s sales 1,231. Fri.'l open int 9431, up 374. SUGAR M 11148 IPs.; cents per at. . Nov 7414 2015 2011 2044 .04 Jan 20 43 20 03 2040 842 .03 Mar 20.8 8.8 20 10 98 42 May 20 8 .02 Jul 20 at -01 Sep 99 -.01 Nov 9.74 -.01 Jan 8.75 -41 Fri.'s sales 331. Fri.'l open int 5364. up W. NEW YORK IAP) - Coffee Mures trading on the New York Coffee, Sugar and Cocoa Exchange Monday: - Opaa High Lew Settle Caty COFFEE C I7.S09 laM.; CCHlS ptt Ok 713.8 215 45 312 9 113.9 304 9 29.75 20541 20141 20444 84.75 30440 304.9 205.9 301.9 205.9 304.70 1.05 -.34 -1.9 .47 Jul Sep . 104.9 1.9 Dk ' 104.9 243 Frit sales 24t1. Frt.'VOpen int 17451, off 117. NEW YORK (API-Cocoa futures trad Ing on the New York Coffee, Sugar and Cocoa Exctiange Monday: Opaa Hagh Law Seme cap, COCOA M nfltnc ftWaij p$f obW Dk 2133 3127 811 1021 -131 Mar 219 2144 304 307 -121 May 2115 21S 318 319 -9 Jut 2144 2144 31C 1137 -9 Sep 3153-9 Ok 2145 2105 1105 2VH -8 Frit sales Ale?. Frit open tot 25.724,' up 3aB. NEW YORK IAP) -Frown orange Voice trading on the New Cotton Exchange Monday York Oxj. ORAN4JC JUICE 1548 Pas.; cents par tV Nov 405.8 B7 9) 9 97 15 Jan ' 97 a V9 7I 48 9 104 B Mar Vaa 94 9 97 75 V9 0S May 94 9 BI B 104 8 84 9 Jul 94.9 B4. 94.9 H4 41 Sep vaa New 19.9 19.9 19.04 19.9 Jan 1V0.B Frit sales 737. Frit apaa tot 7440, ap 190. NEW YORK (APV-CerVen no 3 an me N.Y. Cotton Exchange Atpnday: Opaa VNgti Lai aVMa Cap. COTTON I 949 9a.; cents par ft. Oct 4440 9 . J0 341 3.25 1.9 1.9 15 .45 9 1.0) 49 Ok ' Mar May Jul Oct Dk 47 10 4710 4710 47)0 240 915 415 915 415 2.9 m. mm a.a 2.9 an 44 44 m mm -200 50.35 50.35 50 35 5015 2 00 50.45 51 N 50 44 51 VO 2 B 52.00 2.00 EUROPEAN CURRENCY 19,08 anits Dk 103.41 103 01 10242 102 70 -3 mm -2.B Jun 102 M 2 9 Sep M1.M 240 NEW YORK IAPI - Futurel trading on the New York Mercantile Exchange Monday: Opea High Low Settle am. CASH POTATOES 949 Bts.; Mian par 9 las. Nov 344 3.43 3.9 3.W .04 Mar 453 42 4.53 444 .14 May 5.41 5.45 5.40 5.43 .B CRUDE OIL 148 Oat; tenors par aPL Nov 14.50 14,57 14.23 14.24 -.45 Dk 14 45 14.65 1417 14 43 -47 Jan 14 35 14.50 14.30 14.J4 -41 Fed 14.9 1435 1417 1444 -.15 Mar 14.V0 14.33 14.05 14.V4 -41 Apr 14 05 14 13 14.9 14.07 -.14 May 14.00 14.01 119 1400 .17 Jun 13W 13.45 1)9 13.45 -M Jul 13.45 UK) 045 13 9 .15 Oct 14.C 14.4 ti a 13 47 41 HEATING OIL 43,09 pat; cents par fat Dk Jan Feb Jun Jul 34.8 41.9 42 8 a. a 434 41.25 jta 17.70 40 05 34.9 4140 J 43.75 41 45 43.45 42 9 44 40 43 B 4115 70 34 a it a B B 37.70 Sep LEADED GASOLINE 4149 (a; cattn par pal Oct 9 00 m m 34 9 9.9 9.9 345 jta 9.47 4315 43 8 4311 4045 349 37.8 37 45 37 55 37.05 31 a 41 34.70 i-. -40 -.04 -41 -.71 -Jl -40 -.8 -.75 -.75 -.75 -n Government Finances WASHINGTON (ap) - Here are after! an govainiiieia tyjendatt and cwjt (lent tlx atgni are tfimiiujied). The gov arttrntein Htcal year run Oct. 1 Rkoupji Total public OMR Sept. 14 145,34 Statutarv eaat Mnlt m una Operating bwujnce Sept. 9 33,'m interest an public pre July 13415 vatereat fracal year mm Jury 1M.BT3 130,B3 311,431 1 4)4445 Actual deficit fracal V Receipts fracal rear 1 Outlays fracal year thru Jury Outlayt period laat year 423 415 78,014 "414 I Frit open tot 111JI7, up UH I SUttAK-tXJM. n VOoM aaaaet thru July ' IsterUiva Carp

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