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 PARIS SUGAR 16.10 - APR 7 (Unofficial dollar indications. Bid/Ask rate in French francs followed by Dlr conversion) May 187.45/188.13 (6.0755/0815) Aug 190.21/191.48 (6.1000/1090) Oct 195.10/196.73 (6.1150/1250) Dec 198.63/201.17 (6.1290/1420) Mar 201.49/204.59 (6.1490/1640) May 209.10/212.52 (6.1640/1790) 
Barrows and gilt prices rose 1.00 to 1.25 dlr in active trade usda said. Top 51.25 dlrs per cwt. US 1-3 210-270 lbs 50.50-51.00 and 100 head 51.25. sows - scarce. us 1-3 over 550 lbs 47.00-48.00. Reuter
ST LOUIS HOGS UP 1.00/1.25 DLR - USDA
barrow and gilt prices rose 1.00 to 1.50 dlrs in active trade the usda said. Bulk supply us 1-3 200-260 lbs. top 52.50 dlrs per cwt. us 1-2 200-250 lbs 51.50-52.00 and 200 head 52.25-52.50. us 1-3 200-250 lbs 51.00-51.50. sows - up 1.00/1.50 dlr. us 1-3 500-650 lbs 46.50-47.50. Reuter
PEORIA HOGS UP 1.00/1.50 DLR - USDA
Hog prices gained 1.75 dlrs at the opening private sources said. Top 52.25 dlrs per cwt. Reuter
INDIANAPOLIS HOGS OPEN UP 1.75 DLR - PRIVATE
The Argentine Grain Board yesterday adjusted minimum export prices of grain and oilseed products in dlrs per tonne FOB previous in brackets as follows: Maize 70 (71) linseed oil 264 (265). Linseed cake and expellers 136 (137) pellets 114 (115) and meal 104 (105) all for shipments through June. Soybean cake and expellers 170 (169) pellets 163 (164) and meal 153 (152) all for shipments through May. Soybean cake and expellers 167 (166) pellets 160 (161) and meal 150 (149) all for shipments June onwards. The board also adjusted export prices at which export taxes are levied on soybean for shipments May onwards to 177 dlrs per tonne FOB from 176. The resolution adjusting the export prices was signed yesterday but released today. REUTER
ARGENTINE GRAIN/OILSEED EXPORT PRICES ADJUSTED
 CME LIVE CATTLE OPENING TREND 7-APR OPEN P SETT APR7 6970 6940 JUN7 6525 6502 AUG7 6105 6087 OCT7 6030 6010 DEC7 6025 6017 FEB8 5990 5965 APR8 6100 6075 
 LONDON EUROCURRENCY DEPOSITS AFTERNOON - APRIL 7 ONE TWO AND THREE MONTHS DMK 3-7/8 3/4 3-7/8 3/4 3-15/16 13/16 SFR 3-1/8 THREE 3-1/4 1/8 3-5/8 1/2 FFR 8-3/16 EIGHT 8-3/16 EIGHT 8-1/4 1/16 DFL ALL 5-7/16 5/16 SIX AND TWELVE DMK 3-15/16 13/16 4-1/16 3-15/16 SFR 3-11/16 9/16 3-13/16 11/16 FFR 8-5/16 1/8 8-3/8 3/16 DFL BOTH 5-3/8 1/4 
 CME FEEDER CATTLE OPENING TREND 7-APR OPEN P SETT APR7 6910 6910 MAY7 6832B 6822 AUG7 6665 6640 SEP7 6600B 6595 OCT7 6575 6560 NOV7 6610B 6605 JAN8 6615 6615 MAR8 -- 6690 
Motorola Inc said its Microcomputer Division unveiled the Model 2616 departmental computer one of several systems in the companys new VME Delta Series product line as well as the MVME134 single board computer and the MVME135 multiprocessor board. Motorola said the Model 2616 is a 32-bit system containing a 12-slot VME-bus chassis with open-system flexibility for unlimited end-user application options. The company said the Model 2616 is available immediately at prices ranging from 14000 dlrs to 25000 dlrs. Motorola said the VME Delta Series systems are packaged systems built around open systems architecture industry standard processors and software including VMEbus MC68020 microprocessors and American Telephone and Telegraphs <T> Unix System V operating system. The company said its microcomputer division also introduced the MVME134 a single board computer targeted to the OEM and System integrator market. Motorola said the MVME134 a VME module 32-bit microcomputer provides a cost effective engine for UNIX applications and is priced at 2250 dlrs for June delivery. The company also unveiled its new MVME135 board which it said along with its companion MVME136 are 32-bit monoboard microcomputers for the multiprocessor market. Motorola said the boards are the first products on the market using Motorolas new MVSB2400 gate array a low power user-programmable bipolar gate array. Motorola said the MVME135 and the MVME136 both VMEmodule 32-bit monoboard microcomputers are available now priced at 3934 dlrs and 4256 dlrs respectively. It added the MVME135-1 32-bit monoboard is also available now at a price of 4256 dlrs. Motorola said the MVSB2400 lists for 300 dlrs each and will be available for delivery in July. Reuter
MOTOROLA <MOT> UNVEILS NEW COMPUTERS
&#2; NY SUGAR 11 OPG TRENDS 7-APR 87 OPEN P SETT MAY7 670L 672H 679 JUL7 682L 683H 693 SEP7 698 708 OCT7 702L 704H 713 JAN8 710B 730A 735 MAR8 742L 745H 755 MAY8 754B 759A 771 JUL8 771B 775A 783 &#3;
Lumber futures fell for losses of as much as 3.50 dlrs per tbf basis May after starting 0.80 lower to 0.10 higher. Lack of carryover demand and pressure associated with the lower trend to financial futures early touched off some stop loss orders. Futures fell to near technical support before recovering slightly traders said. Some pressure also stemmed from a quiet cash market and erroding cash prices they said. Commission houses and locals sold on the break and offset scale-down buying by GNP they added. Reuter
LUMBER FUTURES TUMBLE SHARPLY EARLY
&#2; NY SUGAR 14 OPG TRENDS 7-APR 87 OPEN P SETT MAY7 2165B 2170A 2166 JUL7 2185 2185 SEP7 2185B 2187A 2185 NOV7 2161B 2165A 2161 JAN8 2155A 2149 MAR8 2155A 2153 MAY8 2150B 2155 JUL8 2150B 2155 SEP8 2150B 2153 &#3;
Shifts in domestic economic policy not a further fall in the dollar or trade restrictions are the key to reducing imbalances in trade and payments Dutch Finance Miniister H. Onno Ruding said. Ruding told a meeting of the World Trade Forum here that protectionism would naturally lead to retaliation and aggravate the problems of heavily indebted developing countries. The main contribution towards resolving the still enourmous U.S. trade deficit is not repeat not a further fall in the dollar is not still more protectionism in your country. No it is - like in other countries - changes in domestic economic and financial policies Ruding said. Ruding said he was less worried about a crisis of the weakening dollar than he was in January before the Paris accord to stabilize foreign exchange rates. He said the highest priority should be given to policy changes in the United States especially reducing the budget deficit and encouraging domestic savings. But he said other countries such as Japan and West Germany also needed to take greater steps toward reducing their trade surpluses. Reuter
RUDING AGAINST FURTHER DOLLAR FALL, TRADE CURBS
Carolyn Bean Publishing Ltd said it has completed the acquisition of greeting card company Millen Cards which had sales of over 1500000 dlrs in 1986 for undisclosed terms. The company said 90 pct of Millens cards have been sold in the northeast and mid-Atlantic states but Bean expects to increase sales to 2500000 dlrs this year by distributing the line nationally. Millen specializes in Jewish religious cards and also sells traditional greeting cards. Reuter
CAROLYN BEAN <CBEN> COMPLETES ACQUISITION
&#2; LONDON GOLD - APRIL 7 418.70 DLRS FIX CONTINUES &#3;
Hog prices were up 1.00 dlr private sources said. Top 51.50 dlrs per cwt. Reuter
OMAHA HOGS OPEN UP 1.00 DLR - PRIVATE SOURCES
NMR Centers Inc said its common stock has started trading on the NASDAQ National Market System making it eligible for margin financing. Reuter
NMR CENTERS <NMRC> ON NASDAQ NATIONAL SYSTEM
Chesapeake Corp said it has retained Salomon Inc &lt;SB> to help it sell Plainwell Paper Co Inc a maker of premium coated and uncoated printing papers and technical specialty papers with a capacity of 85000 short tons a year. The company said it has decided to sell Plainwell in ordfer to focus on the production of kraft and tissue products containers and treated wood products. Reuter
CHESAPEAKE <CSK> SEEKS TO SELL UNIT
The Student Loan Marketing Association said its rates on short-term discount notes were as follows: MATURITY NEW RATE OLD RATE MATURITY 5-14 days 5.75 pct 5.65 pct 5-14 days 15-85 days 5.00 pct 5.00 pct 15-78 days 86-91 days 5.80 pct 5.83 pct 79-85 days 92-176 days 5.00 pct 5.00 pct 89-360 days 177-183 days 5.83 pct 184-360 days 5.00 pct Reuter
SALLIE MAE ADJUSTS SHORT-TERM DISCOUNT NOTE RATES
Pyramid Technology Corp said it has reached an agreement to sell Oracle Corps Oracle database and &lt;Relational Technology Incs> Ingres database through the Pyramid direct sales force and to original equipment manufactures and value-added resellers. The company said it will also develop separate joint engineering projects with Oracle and Relational to tailor the two databases to use Pyramids functional parallel system architecture to imporove database performance. It said it has also reached an agreement for &lt;Information Builders> Focus language and database management system to become available on Pyramid Technology superminicomputer systems. Reuter
PYRAMID TECHNOLOGY <PYRD>, ORACLE <ORCL> IN DEAL
Ball Corp said it was awarded a one-year 12750000 dlr contract to supply copper-plated zinc penny blanks to the U.S. mints in Philadelphia and Denver. The new contract effective in June calls for shipping 23200000 pounds of blanks to the mint in Philadelphia and 7600000 pounds to Denver. It said the blanks will be manufactured in Greenville Tenn. Ball began supplying blanks to the San Francisco and West Point mints in 1981 when the pennys content was changed to zinc from copper. Reuter
BALL <BLL> TO SUPPLY PENNY BLANKS TO MINTS
Early gulf cash soybean basis levels were slightly firmer in moderate trading as slow country movement lent support dealers said. Lower barge freight rates lent some support but slow export dealings limited gains. Soybean export inspections were below trade expectations at 10.8 mln bushels. April and May traded late yesterday at 25 cents over May and July traded down to 24 over July. Gulf cash corn values were firm amid very strong export inspections of 46.7 mln bushels. Hard wheat gulf values were firm nearby amid ongoing export dealings and slow movement. Corn (Barges - Basis Chgo futures) April - 21 ov May bid 22 offered. May - 21 ov May bid 22 offered. June - 18 ov Jly bid 19 offered. Soybeans (Barges - Basis Chgo futures) April 1/10 - 25-1/2 ov May bid 26-1/2 off. F/H April - 25 ov May bid 26 offered. April - 24 ov May bid 25 offered. Hard wheat (Rail 40 DHV basis K.C. fut.) F/H April - 39 ov May bid no offers. April - 36 ov May bid no offers. F/H May - 43 ov May bid no offers. L/H May - 38 ov May bid no offers. F/H June - 38 ov Jly bid no offers. L/H June - 34 ov Jly bid no offers. July - 34 ov Jly bid no offers. Soft wheat (Barges - Basis Chgo futures) June - 13 ov Jly bid 15 offered. July - 13 ov Jly bid 15 offered. Reuter
EARLY GULF CASH SOYBEANS SLIGHTLY FIRMER
&#2; NASDAQ RESUMPTION - LIFE CARE COMMUNITIES CORP &lt;LCCC> FIRST BID 1/4 OFF 3/8 FROM HALT AND PREVIOUS CLOSE LAST FRIDAY. &#3;
&#2; CANADIAN MONEY MARKET RATES OPENING - APR 7 CANADA TREASURY BILLS 90 days 6.97 180 days 7.27 FINANCE COMPANY PAPER 30 days 7.00 60 days 7.05 90 days 7.10 BANK PAPER 30 days 7.06 60 days 7.11 90 days 7.15 BANKERS ACCEPTANCES 30 days 6.98 60 days 7.02 90 days 7.05 CANADIAN DOLLAR SWAPS 30 days 6.94 60 days 7.15 90 days 7.11 Call money: 7.00 Day money: 7.00 Prime rate: 8.75 U.s. dlr base rate: 8.25 &#3;
Brierley Investments Overseas NV is issuing a 100 mln dlr eurobond due April 30 1992 paying 8-1/4 pct and priced at par lead manager Banque Paribas Capital Markets said. The non-callable bond is available in denominations of 5000 dlrs and will be listed in Luxembourg. The selling concession is 1-1/4 pct while management and underwriting combined pays 5/8 pct. The issue is guaranteed by Brierley Investments Ltd. Payment date is April 30. REUTER
BRIERLEY UNIT ISSUES 100 MLN DLR EUROBOND
&#2; CORRECTED REPEAT-N.Y. COTTON NO.2 ESTIMATED VOLUME-APRIL 6 Estimated volume 3200 Prev official volume 5395 &#3;
THE FOLLOWING RAINFALL WAS RECORDED IN THE 24 HOURS UP TO (1200) GMT TODAY PARANA STATE: CASCAVEL NIL PONTA GROSSA 0.2 MILLIMETRES CAMPO MOURAO NIL LONDRINA NIL MARINGA NIL. RIO GRANDE DO SUL STATE: PASSO FUNDO NIL SANTA MARIA NIL CRUZ ALTA NIL SAO LUIZ GONZAGA NIL. REUTER
BRAZILIAN SOY RAINFALL
Chrysler Canada Ltd wholly owned by Chrysler Corp said it concluded an agreement for MMC Sittipol Co Ltd to sell Mitsubishi Colt subcompact cars built in Thailand to Chrysler for sale in Canada. Shipments of the Colts to Canada will start in late 1987 and Chrysler Canada plans to import about 8000 units in 1988 rising to 20000 units a year by 1990 the company said. Chrysler Canada said it will import four-door sedan and three-door hatchback Colt models under Autopact trade agreement provisions requiring Chrysler to provide Canadian production to offset each vehicle imported for sale in Canada. Reuter
CHRYSLER <C> CANADA, MMC SITTIPOL IN SUPPLY PACT
&#2; TSE 300 10:20:01 3890.20 UP 8.90 VOLUME 6218057 &#3;
Cognitive Systems Inc said it has completed work on a prototype artificial intelligence program for American Express Cos &lt;AXP> American Express travel Related Services Inc involving a point-of-sale application for customer-assisted transactions. The company said it developed the prototype under a fixed price agreement on a one-tim project basis. It said American Express plans to conduct consumer testing of the program in the near future. Reuter
COGNITIVE <CSAI> COMPLETES WORK ON PROGRAM
&#2; TORONTO ACTIVE INDUSTRIALS 7-APR-87 10:20:02 VOLUME COMPANY LAST CHANGE 154388 SYNGOLD EXPL 4.750 0.400 117865 CAMBIOR INC 28 3/4 1/8 101764 NOVA ALB A 9 1/4 89300 DOME PETRO 1.150 0.010 81700 PAGURAIN CP 18 3/4 3/4 &#3;
Synergetics International Inc said it has received a 300000 dlr order for Remote Computer Systems to be used for flood control applications from the U.S. Army Corps of Engineers Seattle district. Reuter
SYNERGETICS <SYNG> GETS FLOOD CONTROL ORDER
VOLCKER URGES INDUSTRIAL NATIONS TO KEEP TRADE MARKETS OPEN TO FOSTER GROWTH
Shr primary 58 cts vs 66 cts Shr diluted 54 cts vs 66 cts Net 10.1 mln vs 11.4 mln Revs 266.2 mln vs 194.6 mln Avg shrs 17.4 mln vs 17.1 mln Nine mths Shr primary 1.78 dlrs vs 1.58 dlrs Shr diluted 1.65 dlrs vs 1.58 dlrs Net 30.9 mln vs 27.1 mln Revs 823.8 mln vs 511.0 mln Avg shrs 17.4 mln vs 17.3 mln NOTE: prior qtr and nine mths include 3.1 mln dlrs or 18 cts per share from gain on partial settlement on an insurance claim. nine mths 1987 includes seven cts gain for partial settlement on an insurance claim. Results of Flow Control operations have been included since its acquisition from ITT Corp on Jan 31 1986. nine mths prior includes extraordinary gain 2.3 mln dlrs or 14 cts per share for replacement of a pension plan. Reuter
TYCO LABORATORIES <TYC> 3RD QTR FEB 28 NET
&#2; LONDON GOLD 1500 FIX - APRIL 7- 418.50 DLRS (MORNING FIX 419.80) &#3;
NWA Inc said the passenger load factor for its Northwest Airlines subsidiary rose in March to 66.3 pct from 63.2 pct a year ago. It said available seat miles increased to 5.43 billion from 3.13 billion and revenue passenger miles gained to 3.6 billion from 1.98 billion. Year to date Northwest said its load factor gained to 60.2 pct from 56.9 pct. Available seat miles increased to 15.19 billion from 9.0 billion and revenue passenger miles rose to 9.15 billion from 5.12 billion. Reuter
NWA'S <NWA> NORTHWEST AIRLINES LOAD FACTOR UP
Hog prices opened 1.00 dlr higher private sources said. Top 51.50 dlrs per cwt. Reuter
JOLIET HOGS UP 1.00 DLR - PRIVATE SOURCES
barrow and gilt prices rose 1.25 to 1.50 dlr in active trade the usda said. top 52.25 dlrs per cwt. us 1-3 225-255 lbs 51.50-52.00 40 head 52.25. sows - steady in moderately active trade. us 1-3 400-525 lbs 42.00-43.00 and package 650 lbs 49.00. Reuter
INDIANAPOLIS HOGS UP 1.25/1.50 DLR - USDA
A 6.25 pct 10-year loan for the World Bank originally 300 mln guilders has been raised by 150 mln guilders at an issue price of 99.50 pct lead-manager Algemene Bank Nederland NV said. Subscriptions for this second tranche close April 14 and payment date is April 27. Redemption is on March 1 1997 the same date as the first tranche which was also issued at 99.50 pct. Complete details on the syndicate were not available. Amsterdam-Rotterdam Bank NV is co-lead and a number of Dutch and British banks will complete the syndicate. REUTER
WORLD BANK LOAN RAISED TO 450 MLN GUILDERS
&#2; CME LIVE HOG OPENING TREND 7-APR OPEN P SETT APR7 5040 4982 JUN7 4895 4847 JUL7 4735 4687 AUG7 4405 4372 OCT7 3955B 3937 DEC7 3960B 3947 FEB8 3930A 3895 APR8 3720A 3690 JUN8 3940A 3915 &#3;
Comex copper futures posted smaller than expected gains early because of commission house resistance beginning at 62.90 cents basis May brokers said. Commission house selling has been entering between 62.90 and 63.10 cents because many speculators remain nervous after recent sharp declines brokers said. Locals were buyers in sympathy with firmer precious metals and trade houses bought scale down brokers said. May delivery was up 0.05 cent at 62.70 cents a lb in a 62.85 to 62.55 cents range. Reuter
COMEX COPPER FUTURES ONLY SLIGHTLY HIGHER EARLY
&#2; CME FROZEN PORK BELLY OPENING TREND 7-APR OPEN P SETT MAY7 6625 6640 JUL7 6485 6485 AUG7 6170 6160 FEB8 5590 5560 MAR8 5510B 5490 MAY8 -- 5300 JUL8 -- -- AUG8 -- -- FEB9 -- -- &#3;
Belgium is launching a euro-commercial paper program for an unlimited amount with the issue planned immediately after signing in mid-May First Chicago Ltd said as arranger. Dealers will be Chase Investment Bank Ltd Citicorp Investment Bank Ltd Salomon Brothers International Ltd Swiss Bank Corp International Ltd and First Chicago. Issuing and paying agent is First Chicago Clearing Centre. Paper will be issued in minimum denominations of 500000 dlrs with maturities of up to 365 days. There will be a multi-currency option. REUTER
BELGIUM LAUNCHING UNLIMITED EURO-CP PROGRAM
1ST QTR TO MARCH 31 Working profit 487.50 mln rand vs 559.59 mln Tax 274.28 mln vs 302.15 mln Net 264.32 mln vs 300.99 mln Tonnes milled 3.74 mln vs 3.72 mln Gold production 30865 kgs vs 30236 kgs Gold revenue 846.05 mln rand vs 907.36 mln Working costs 358.56 mln vs 347.77 mln Avg price per kg 27371 rand vs 29964 NOTE - Full name of company is Gold Fields of South Africa Ltd &lt;GLDF.J>. Reuter
GOLD FIELDS OF S. AFRICA PROFIT FALLS IN QUARTER
&#2; PARIS EXCHANGES CLOSING - APR 7 US 6.0750/0780 (6.0550/0690 ) STG 9.8210/8300 (9.8050/8230 ) DMK 332.490/840 (332.400/333.000) SFR 401.020/480 (400.770/401.470) DFL 294.780/295.070 (294.560/295.060) &#3;
Sound Advice Inc said its common stock has started trading on the NASDAQ National Market System. Reuter
OUND ADVICE <SUND> JOINS NASDAQ NATIONAL SYSTEM
Federal Reserve Board Chairman Paul Volcker said a further large drop in the value of the dollar could be counterproductive for world economic growth. Testifying before the Senate Banking Committee Volcker said that Europe and Japan were slowing exports and that growth in those countries was also decreasing. In that kind of situation further sizeable depreciation of the dollar could well be counterproductive he said. Domestic expansion in foreign industrial countries has not been enough to offset the effects of slower exports Volcker said. On the value of the dollar Volcker said he could not say whether it should be higher or lower to restore balance in trade. What we do know is that a substantial exchange rate adjustment has already been made he said. That adjustment should be large enough in a context of a growing world economy and fiscal restraint in the United States to support the widespread expectations of a narrowing in the real trade deficit in the period ahead he said. Volcker said U.S. exports were now growing substantially while import growth should slow. Volcker said that to improve the trade deficit with a minimum of inflationary pressure the United States would have to slow its spending growth. It would also have to achieve a better balance between investment and domestic savings if it wants to be able to dispense with foreign capital. The constructive way to work in the needed direction would be to reduce our budget deficit year by year paving the way for improvements in our trade accounts he said. Relying on depreciation of the dollar alone would risk renewed inflation he said. Reuter
VOLCKER WARNS AGAINST SIZEABLE DLR DECLINE
Marion Laboratories Incs stock rose sharply today after the company presented a bullish earnings scenario at a meeting for pharmaceutical analysts Monday traders and analysts said. The company said it expects earnings for fiscal 1987 ending June 30 to rise more than 75 pct over a year ago. That pronouncement encouraged analyst David Crossen of Sanford C. Bernstein and Co to raise his earnings estimates for the company to 1.28 dlrs a share in 1987 compared to his previous estimate of 1.20 dlrs a share. Last year the company earned 70 cts a share. Marions stock gained 3-1/4 to 75-1/2. At the meeting of pharmaceutical analysts Marions president Fred Lyons Jr. said Wall Street eanrings estimates of 1.10-1.15 dlrs a share for fiscal 1987 are expected to cause even the aggressive side of this range to be 10 to 15 cts low. Lyons said the strong performance in the second half of this year will result from the fourth quarter introduction of 90 mg and 120 mg Cardizem tablets. Analyst Crossen said that Cardizem which treats angina is also expected to be approved for the treatment of hypertension by the end of the year. Crossen said because Marion is still just a small company the growth of Cardizem is having a big impact on the bottom line. He raised fiscal 1988 earnings estimates to 2.15 dlrs a share from his previous estimate of 2.05 dlrs a share. The company has a broad new product pipeline in the industry and as far as I am concerned it is the most innovative company in the business he said. For the five years through 1991 Crossen expects Marion to have a growth rate of 55 pct. Reuter
WALL STREET STOCKS/MARION LABS <MKC>
&#2; LME LEAD AFT 1ST RING 1527 - APR 7 LAST BUYER SELLER Cash -- -- -- 3 Months 302.0 301.0 302.0 &#3;
&#2; LIVERPOOL COTTON SHIPMENTS APR 7 US CENTS PER LB. AMER N.O/TEXAS 1 INCH APR/MAY 59.00 AMER MEMPHIS MIDD 1-3/32 APR/MAY 61.75 PERU TANGIUS GRADE THREE UNQUOTED PERU PIMA GRADE 1 1-9/16 UNQUOTED STH BRAZ TYPE 5 1-1/16 APR/MAY 63.00 NOMINAL TURK ADANA STD 1 1-1/16 RG UNQUOTED TURK ZMIR ANTALYA 1 3-1/32 RG UNQUOTED PAKISTAN NT SIND SG (FINE) APR/MAY 56.75 MEXICAN MIDD 1-3/32 NEW CROP SEP/OCT 66.00 SUDAN BARAKAT NO.6 APR/MAY 72.00 COLOMBIAN MIDD 1-3/32 APR/MAY 79.00 CENTRAL AMERICAN 1-3/32 APR/MAY 65.00 NOMINAL RUSSIAN VTOROI MIDD 1-3/32 APR/MAY 61.00 ARGENTINE C-1/2 1-3/32 APR/MAY 62.50 PARAGUAYAN MIDD 1-3/32 APR/MAY 63.00 &#3;
Toronto stocks made solid gains in active early trading as resource issues continued an advance that powered the market to a record high close yesterday. The composite index rose 9.00 points to 3890.30 on brisk turnover of 7.1 mln shares. Winners led losers 303 to 221 with most major stock groups higher. Among improving resources British Columbia Forest Products rose 1/2 to 21-1/4 among actives Cominco added 1/4 to reach 18-5/8 Imperial Oil class A firmed 1/2 to 72-5/8 and Hemlo Gold surged 5/8 to 27 dlrs. Reuter
CANADA STOCKS STRENGTHEN IN EARLY TRADING
The United States has appealed for stronger powers for the General Agreement on Tariffs and Trade (GATT) to enforce world trade rules. The call by U.S. Deputy Trade Representative Michael Smith at a special committee meeting into the future of GATT follows a series of bilateral trade rows which have clouded efforts by the 93-nation body to promote fair trade. Todays meeting was part of the Uruguay trade round launched by ministers last September. The round which covers 13 areas of trade in agriculture manufactured goods and services will take four years to negotiate. Smith called for boosting GATTs links with financial institutions such as the International Monetary Fund and World Bank. He also urged greater involvement of trade ministers to ensure the success of the Uruguay Round. The GATT as an institution needs to be strengthened to assure that the GATT plays its proper role in management of the world trading system and the global economy Smith said. Rules can and will be ignored if the institution is weak or perceived as unable to adapt to the changing world economy. He also also urged that member states be accountable to each other for their trade policies. Smith who flies to Brussels today for talks with European Community (EC) officials told Reuters the committee wanted to stress GATTs importance and did not discuss specifics. We are interested in more periodic ministerial involvement...Whether in formal or informal meetings he said. GATTs ruling council is due to hear a complaint from the 12-nation EC on April 15 about the U.S.-Japanese accord on semiconductors. The EC charges the accord breached GATT trade rules by allowing Tokyo to set minimum prices for Japanese chips sold in third countries and is requesting a GATT dispute panel be set up to review the agreement. President Reagan who strongly supported the Uruguay trade round to promote freer trade has said Washington will impose tariffs against Japanese electronic goods. He said Tokyo had not shown willingness to open its markets to U.S. Exports. REUTER
U.S. CALLS FOR GREATER GATT CHECKS ON TRADE
The Federal Home Loan Mortgage Corp adjusted the rates on its short-term discount notes as follows: MATURITY RATE OLD RATE MATURITY 28 days 5.95 pct 5.95 pct 31 days Reuter
FREDDIE MAC ADJUSTS SHORT-TERM DISCOUNT RATES
&#2; U.S GOLD PRICES - APR 7 Engelhard (unfabricated) 420.07 (423.03) Engelhard (fabricated) 441.07 (444.18) Handy and Harman (bullion) 418.50 (421.45) Krugerrand 424.20/424.90 (425.60/428.90) &#3;
Cattle prices opened steady to 0.25 dlr higher private sources said. Steer top 68.00 and Heifers 66.00 dlrs. Reuter
OMAHA CATTLE OPEN STEADY/UP 0.25 DLR - PRIVATE
HITK Corp said its common stock will be included in NASDAQs National Market System starting today making the stock marginable. Reuter
HITK <HITK> JOINS NASDAQ NATIONAL MARKET SYSTEM
&#2; BRUSSELS MONEY - APRIL 7 CALL MONEY 5.75 PCT &#3;
Lead underwriter Woolcott and Co Inc said an initial public offering of 1100000 shares of Kingston Systems Inc is underway at eight dlrs per share. Underwriters have been granted an option to buy up to 165000 more shares to cover overallotments. Reuter
<KINGSTON SYSTEMS INC> INITIAL OFFERING UNDERWAY
Chinas soybean crop this year is forecast at 11.5 mln tonnes down slightly from 11.55 mln estiamted for last year the U.S. Agriculture Departments officer in Peking said in a field report. The report dated April 2 said Chinese imports this year are projected at 300000 tonnes unchanged from last years level. Exports are forecast to increase to 1.0 mln tonnes from 800000 tonnes exported last year the report said. Imports of soybean oil are estimated at 200000 tonnes also unchanged from last year. Reuter
CHINA SOYBEAN OUTPUT DOWN SLIGHTLY - USDA REPORT
&#2; NY SUGAR 11 1030 MAY7 661 OFF 18 JUL7 679 OFF 14 SEP7 696 OFF 12 OCT7 697 OFF 16 JAN8 UNTRD MAR8 740 OFF 15 MAY8 UNTRD JUL8 780 OFF 3 &#3;
&#2; N.Y. EURODEPOSITS 1030 - APR 7 U.S. DOLLAR One month 6-3/8 6-1/4 Two months 6-7/16 6-5/16 Three months 6-1/2 6-3/8 Six months 6-5/8 6-1/2 One year 6-13/16 6-11/16 &#3;
&#2; NY COFFEE 10:30 MAY7 10225 UP 21 JUL7 10420 UP 20 SEP7 10620 UP 15 DEC7 10905 UP 5 MAR8 11100 UP 50 MAY8 11300 UP 50 JUL8 UNTRD SEP8 UNTRD &#3;
The Turkish Central Bank set a Lira/Dollar rate for April 8 of 784.50/788.42 to the Dollar down from the previous 784.35/788.27. The Bank also set a Lira/Mark rate of 430.60/432.75 to the Mark down from the previous 429.35/431.50.
TURKISH CENTRAL BANK SETS LIRA/DOLLAR, DM RATES
&#2; NY COCOA 10:30 MAY7 1922 OFF 12 JUL7 1954 OFF 13 SEP7 1980 OFF 9 DEC7 2013 OFF 2 MAR8 UNTRD MAY8 UNTRD JUL8 UNTRD SEP8 UNTRD &#3;
Canadian bonds recouped some opening losses to trade unchanged to mildly lower in quiet mostly uneventful early activity dealers said. The market opened 1/4 lower on weaker U.S. credit markets but later rebounded in tandem with American prices which reacted to a firming U.S. currency the dealers noted. Many investors stayed sidelined awaiting clearer economic signals. The benchmark Canada 9-1/2 pct of 2001 fell 1/8 to 106-1/4 1/2 and the 8-1/2 pct of 2011 was unchanged at 97-3/8 5/8. Reuter
CANADIAN BONDS SLIGHTLY OFF IN EARLY TRADE
&#2; NYSE CONSOLIDATED 1030 ACTIVES 4748600 GCA CP 7/32 OFF 1/32 1515700 BELLSOUTH 39 1/4 OFF 1/4 1505700 TEXACO 33 5/8 UNCH 1147000 OKLAHO G&amp;E 32 1/2 OFF 3/4 750700 DELMARVA 30 3/8 UNCH 720100 CAESARS 31 1/4 UP 5/8 686400 GEN MOTORS 83 3/8 UP 1 7/8 677600 CARO PWR 36 7/8 OFF 1/2 626100 FORD MOTOR 90 3/4 UP 5/8 605400 UNITED AIR 65 5/8 OFF 1/8 ADVANCES 579 DECLINES 542 &#3;
&#2; CBT SILVER 10:30 EDT 1000 OUNCE APR7 6640 UP 70 MAY7 6680 UP 80 JUN7 6720 UP 80 AUG7 6810 UP 90 OCT7 6880 UP 80 DEC7 6980 UP 100 FEB8 7080 UP 120 APR8 7150 UP 110 JUN8 7250 UP 130 AUG8 UNTRD &#3;
Canadian bonds recouped some opening losses to trade unchanged to mildly lower in quiet mostly uneventful early activity dealers said. The market opened 1/4 lower on weaker U.S. Credit markets but later rebounded in tandem with American prices which reacted to a firming U.S. Currency the dealers noted. Many investors stayed sidelined awaiting clearer economic signals. The benchmark Canada 9-1/2 pct of 2001 fell 1/8 to 106-1/4 1/2 and the 8-1/2 pct of 2011 was unchanged at 97-3/8 5/8. REUTER
CANADIAN BONDS SLIGHTLY OFF IN EARLY TRADE
&#2; NY COMEX ALUMINUM 10:31 LAST CHANGE APR7 UNTRD MAY7 6150 UNCH JUN7 UNTRD JUL7 UNTRD SEP7 UNTRD DEC7 UNTRD JAN8 UNTRD FEB8 UNTRD MAR8 UNTRD MAY8 UNTRD JUL8 UNTRD SEP8 UNTRD DEC8 UNTRD JAN9 UNTRD &#3;
Barclays Bank Plc said it has promoted John Kerslake to chief executive officer of its North American operations with overall responsibility for the banks U.S. banking and finance operations. He succeeds Brian Pearse who is promoted to executive director and chief financial officer of Braclays worldwide operations based in London. Kerslake who takes up his new job on June 1 was most recently a general manager responsible for personnel policy. He was previously in charge of Barclays operations in the Middle East and Asia. Reuter
BARCLAYS NAMES NEW NORTH AMERICAN CHIEF OFFICER
&#2; NY COMEX COPPER 1030 APR7 UNTRD MAY7 6270 UP 5 JUN7 UNTRD JUL7 6245 UP 10 SEP7 6265 UP 15 DEC7 6285 UP 10 JAN8 UNTRD MAR8 6340 UP 15 MAY8 UNTRD JUL8 UNTRD SEP8 UNTRD DEC8 UNTRD JAN9 UNTRD &#3;
&#2; N.Y. RUBBER PHYSICAL 1030 APR 7 DEALER PRICE C/F (CtS PER LB) No 1 rss May 44-7/8n Jun 45-1/8n No 2 rss May 44-3/4n No 3 rss May 44-1/2n No 4 rss May 43-7/8n Reuter &#3;
Barclays Bank Plc said it has promoted gz&#127;gg&#127;ggy&#127;ggy&#127;gg&#127;ggz&#127;gg&#127;gg&#127;ggy&#127;gy&#127;ggy&#127;ggy&#127;gg 7 LAST BUYER SELLER Hg Cash -- -- -- 3 Months 456.0 456.0 457.0
BARCLAYS NAMES NEW NORTH AMERICAN CHIEF OFFICER
&#2; AMSTERDAM EXCHANGES CLOSING - APRIL 7 US 2.0610/18 DM 112.82/84 STG 3.3270/10 &#3;
IOWA-SO MINN DIRECT HOGS ACTUAL RCPTS 83,000 head vs yesterday's estimate of 95,000 head.
&#2; COMMODITIES OPENING SPOT TRENDS - APRIL 7 Silver up 15.0 cts per oz Copper up 0.15 cts per lb Gold (Comex) up 2.00 dlrs per oz Platinum up 7.10 dlrs per oz Sugar 11 off 0.09 cts per lb Coffee c up 0.26 cts per lb Cocoa off 13 dlrs per tonne Cotton up 0.10 cts per lb &#3;
&#2; LONDON CDS AFTERNOON - APRIL 7 STERLING One Month 10 9-7/8 two 9-7/8 3/4 three 9-13/16 11/16 six 9-9/16 7/16 nine 9-1/2 3/8 twelve 9-7/16 5/16 US DOLLAR One Month 6.35 6.30 two 6.36 6.31 three 6.38 6.33 six 6.50 6.45 &#3;
&#2; LONDON COCOA MIDAFTERNOON - APR 7 MTH BYR SLR HIGH LOW SALES May 1289 1290 1296 1287 325 Jul 1318 1319 1324 1317 315 Sep 1340 1341 1345 1337 276 Dec 1365 1366 1370 1365 624 Mar 1390 1391 1393 1387 200 May 1410 1411 1410 1409 33 Jul 1429 1430 1430 1430 2 TOTAL SALES 1775 &#3;
&#2; NY ORANGE JUICE OPG TRENDS 7-APR OPEN P SETT MAY7 13100L 13105H 13120 JUL7 12930 12910 SEP7 12700B 12780A 12715 NOV7 12450B 12500A 12540 JAN8 12450B 12500A 12455 MAR8 12450B 12550A 12455 MAY8 12450B 12550A 12455 JUL8 12450B 12550A 12455 SEP8 12450B 12550A 12455 &#3;
&#2; CBT OPG TRENDS 7-APR WHEAT OPEN P SETT MAY7 286 1/2L 286 3/4H 286 1/4 JUL7 273H 272 3/4L 272 3/4 SEP7 272 1/2H 272 1/4L 273 DEC7 278 1/2L 278 3/4H 278 MAR8 277 3/4L 278H 277 1/4 MAY8 270B 270 CORN OPEN P SETT MAY7 159 1/2H 159 1/4L 158 1/4 JUL7 162 3/4 161 3/4 SEP7 167 1/4 166 1/4 DEC7 175 3/4H 175 1/2L 174 3/4 MAR8 182 1/4L 182 1/2H 181 3/4 MAY8 184 183 1/4 JUL8 185 1/2 185 1/4 OATS OPEN P SETT MAY7 150 1/4 150 JUL7 139 138 1/2 SEP7 128 3/4 128 1/4 DEC7 134 1/4 134 MAR8 137 1/4L 137 1/2H 136 3/4 &#3;
&#2; CBT OPG TRENDS (2) 7-APR OPEN P SETT SOYBEANS MAY7499 1/2L 499 3/4H 499 3/4 JUL7499 3/4L 500 1/2H 500 1/4 AUG7 500L 500 1/4H 499 1/2 SEP7 496H 495 1/2L 494 NOV7496 1/2 496 JAN8504 1/4L 504 1/2H 502 1/2 MAR8 510 MAY8 514 JUL8 514 SOYBEAN OIL MAY7 1552H 1550L 1543 JUL7 1585H 1583L 1578 AUG7 1602 1595 SEP7 1620 1611 OCT7 1633 1625 DEC7 1665 1654 JAN8 1655 MAR8 1680 MAY8 -- JUL8 -- &#3;
Wall Street stocks rebounded from their early lows as the dollar firmed. Shares of automakers scored a second straight session of strong gains and expectations of rising oil prices today sent many energy issues higher traders said. The Dow Jones Industrial Average which fell more than 10 points in the first minutes of trading this morning when the dollar weakened and bond prices eased recovered to post an 11 point gain to 2416. Advances led declines by only a slight margin on volume of 48 mln shares. GM gained two to 83-1/2 and Ford 5/8 to 90-3/4. Chrysler rose 3/8 to 58-5/8. Reuter
WALL STREET STOCKS LOWER IN EARLY TRADING
&#2; CBT OPG TRENDS (3) 7-APR SOYBEAN MEAL OPEN P SETT MAY7 1454L 1457H 1453 JUL7 1455L 1456H 1451 AUG7 1456 1450 SEP7 1453B1458A 1451 OCT7 1455 1451 DEC7 1465L 1467H 1462 JAN8 1475B1478A 1467 MAR8 1485B1490A 1480 MAY8 -- JUL8 -- &#3;
&#2; N.Y. COMEX DELIVERY NOTICES (Spot April) Notices for April 7 Silver 2 so far 522 Copper 0 so far 0 Gold 191 so far 13171 Aluminium 0 so far 0 Reuter &#3;
&#2; LONDON INTERBANK STERLING CLOSING - APRIL 7 tomorrow/next 10-1/8 10 week 10-1/8 10 1 month 10-1/16 9-15/16 two 9-15/16 7/8 three 9-7/8 3/4 six 9-11/16 9/16 nine 9-11/16 9/16 twelve 9-5/8 1/2 &#3;
ARGENTINE GRAIN BELT TEMPERATURES (CENTIGRADE) AND RAIN (MM) IN THE 24 HOURS TO 12.00 GMT WERE: ...............MAX TEMP..MIN TEMP..RAINFALL BUENOS AIRES.......27.......21............4 BAHIA BLANCA.......29.......16............0 TRES ARROYOS.......28.......16............0 TANDIL.............--.......15............5 JUNIN..............29.......18............5 SANTA ROSA.........--.......--...........-- CORDOBA............30.......17............0 SANTA FE...........--.......22............0 REUTER
ARGENTINE GRAIN BELT WEATHER REPORT
&#2; LME COPPER AFT 1ST RING 1537 - APR 7 LAST BUYER SELLER Std Cash -- -- -- 3 Months -- -- -- Hg Cash -- -- -- 3 Months 879.0 879.0 879.5 &#3;
&#2; CHICAGO COMMODITY TRENDS- OPENING April 7 cts/bu cts/lb wheat up 1 live cattle up 0.15 corn up 1-1/4 feeders dn 0.10 soybean up 1 live hogs up 0.38 soyoil up 0.06 cts/lb pork bellies dn 0.20 soymeal up 0.40 dlrs/ton COMMODITY RESEARCH BUREAU INDEX - April 6 210.57 up 0.81 vs 210.2 up 2.1 from year ago imports 307.60 up 0.53 industries 225.73 up 1.17 grains 161.98 up 0.78 oilseeds 179.05 up 1.53 livestk 204.40 up 1.55 metals 339.69 up 2.66 misc 267.21 dn 0.76 energy 162.47 dn 1.04 int rate 104.82 up 0.27 currency 122.99 dn 0.02 Reuter commodity index 1542.8 up 6.7 Reuter &#3;
&#2; FRANKFURT FWDS CLSG - APRIL 7 (one three six and twelve mths) us 43/38 123/118 250/240 495/475 discs &#3;
Federal Reserve Board Chairman Paul Volcker said that debtor nations have made much progress in laying the groundwork for economic growth but a solution to world debt difficulties was endangered by inaction on new financing. There is clearly a danger that adequate financing arrangements are not being negotiated and put in place in a timely way Volcker told the Senate Banking Committee. The borrowing countries need to be able to proceed with confidence that the necessary funds will be available to them he said. Brazil has the potential for becoming a leading world economic power but it is in a difficult position today Volcker said. He said it will take a concerted effort to regularize Brazils external payments. The key prerequisite is clearly in the hands of Brazilian authorities he said. Both Brazil and its creditors have a strong incentive to work together Volcker said. Regarding trade imbalances Volcker said that it was critically important that markets be kept open by the industrial nations. In addition the United States must reduce its budget deficit and foreign nations need to provide stimulus to their domestic economies Volcker said. We need time for those actions and the earlier depreciation to work their effects he said. Reuter
VOLCKER URGES QUICK AID TO DEBTOR NATIONS
Unisys Corp said it is offering eight new models of its A15 large-scale mainframe computer. The new models improve the overall system performance by an average 20 pct the computer maker said. Memory capacity on four of the models is doubled and is increased by 50 pct on the A12 mainframe. Unisys said prices for the new models range from 2.9 mln dlrs for the single processor A-15FX to 8.4 mln dlrs for an A-15NX which has four processors. The new computer systems which encorporate the Master Control Program/Advanced Systems operating system will compete with other large mainframes including International Business Machines Corps &lt;IBM> IBM 3090 Unisys said. Unisys A-12 computer is a less powerful smaller version of the A-15. The A-12 is a lower-end model almost an entry-level machine said a Unisys spokesman. The price of the machine starts at 1.4 mln dlrs. Reuter
UNISYS <UIS> OFFERS NEW MAINFRAME MODELS
&#2; ITALIAN MONEY AFTERNOON - APR 7 TREASURY BILLS 82 DAYS 9.10 PCT 174 DAYS 8.90 PCT 356 DAYS 8.95 PCT INTERBANK MONEY ONE MONTH 10 PCT - 10.1/2 PCT TWO MONTHS 9.7/8 PCT - 10.3/8 PCT THREE MONTHS 10.1/8 PCT - 10.5/8 PCT &#3;
Bundesbank council member Lothar Mueller said the bank has not given up its money supply policy and that restraining money supply growth does not always mean pushing up interest rates. Mueller said in an article for the Boersen Zeitung financial daily that a monetary policy which took into account exchange rate expectations and capital flows could not be confused with an exchange rate oriented policy. The article followed international press speculation that the Bundesbank had abandoned money supply targetting in favour of an exchange rate policy. Mueller a member of the Bundesbank council in his position as president of the regional state central bank in Bavaria noted that the Bundesbanks decision in January to cut leading interest rates amid continuing strong monetary growth had led some people to think it was dropping monetary targetting. Simply to ignore the external economic context would be risky and dangerous for monetary policy he explained. Mueller said the cuts in official interest rates had put an end to interest rate speculation. The Bundesbank could now assume that upward pressure on the mark would ease and currency inflows slow down. Lower money market rates achieved by widening short and long term interest rate differentials also encouraged investors to re-invest funds parked in liquid accounts Mueller said. The measures therefore aimed clearly at bringing monetary growth back onto the desired path he said. Finally of course and there is no need to keep this quiet the cut in interest rates was also in line with the changed economic situation of the last few months he added. All in all the Bundesbank in no way abandoned its money supply policy with the January discount rate cut despite suppositions to the contrary Mueller said. Keeping money supply developments in check is not always synonymous with raising interest rates especially when excessive liquidity due to inflows from abroad rather than growth in bank credits is the cause of rising monetary holdings of non-banks Mueller said. Now that West Germany no longer ran large external deficits other concepts were needed for monetary policy. Mueller said it would be both difficult and dangerous for monetary policy to pursue a specific mark/dollar exchange rate. In any case the exchange rate partly depends on U.S. Currency and budgetary policy and the U.S. Economy he said. But an exchange rate orientation would also mean the end of a strict stability policy because both interest rates and liquidity would be affected by required currency intervention and could no longer be steered autonomously by the Bundesbank. Even interest rates are not in the centre of the Bundesbanks considerations but reflect competition and other market conditions Mueller said. A cut in bank liquidity will not directly influence central bank money stock the Bundesbanks main money supply indicator. This does not reflect banking liquidity but the liquidity of industry and households which cannot be directly reached with the Bundesbanks instruments Mueller said. The less dependent non-banks are on bank credits the harder it is to steer money supply. This has increasingly been the case recently because non-banks have received considerable sums from current account surpluses and capital imports. If the Bundesbank had tried to brake the money supply rise with higher interest rates as would have been appropriate if credit was growing excessively it would not only have missed its target but probably even set off further inflows he said. Mueller said growth in money supply was still too high. In the last three months money stock grew at an annual rate of seven pct down from 10 pct in the previous quarter. The growth curve has therefore come closer to the three to six pct 1987 target corridor for central bank money stock growth pointing to the success of the current policy he said. But high monetary stocks can be a warning sign and there should be no change in priorities. Monetary policy must be first and foremost stability policy and successful stability policy is money supply policy -- nothing else he said. REUTER
BUNDESBANK RETAINS MONEY SUPPLY POLICY
Federal Reserve Board Chairman Paul Volcker said international policymakers should make improving the stability of exchange rates a major priority. In testimony before a Senate Banking subcommittee Volcker said he does not have any specific proposals for improving exchange rate stability but thought it was worthy goal. I do think we ought to be thinking about and working toward greater exchange rate stability Volcker said. I think that the objective of greater exchange rate stability ought to loom larger among our various policy priorities. Reuter
VOLCKER URGES GREATER EXCHANGE RATE STABILITY
Cocoa futures were slightly lower early in quiet trading that was devoid of fundamental or technical features traders said. Locals tracked the London cocoa market while many speculators chose to stay sidelined waiting for the buffer stock manager to enter as a buyer traders said. Origins and manufacturers were inactive traders added. Cocoa for May delivery was off nine dlrs at 1925 dlrs a tonne in a 1928 to 1922 dlr range. July was off 10 dlrs at 1957 dlrs. Reuter
N.Y. COCOA FUTURES QUIETLY LOWER EARLY
&#2; NYSE INDEX AT 1030 208.78 UP 1.30 &#3;
&#2; AMEX INDEX AT 1030 343.51 UP 1.28 &#3;
&#2; BEIRUT GOLD CLSG - APRIL 7 419.25 DLRS. (PREV 422.20) &#3;
&#2; ZURICH EXCHANGES CLOSING - APR 7 us 1.5140-5150 nkr 22.15-23 stg 2.4469-4501 skr 23.81-90 can 1.1583-1598 lit 0.11630-11646 dmk 82.83-93 oesch 11.7928-8190 dfl 73.43-55 esc 1.0690-0735 ffr 24.90-94 ptas 1.1829-1846 bfr 3.9974-4.0106 austral 0.9875slr dkr 22.01-06 yen 1.0414-0428 &#3;
&#2; CBT 10:40 EDT WHEAT MAY7 287 1/2 UP 1 1/4 JUL7 273 1/2 UP 3/4 SEP7 274 UP 1 DEC7 279 UP 1 MAR8 278 1/2 UP 1 1/4 CORN MAY7 159 1/2 UP 1 1/4 JUL7 163 UP 1 1/4 SEP7 167 1/2 UP 1 1/4 DEC7 175 1/4 UP 1/2 MAR8 182 1/4 UP 1/2 OATS MAY7 151 UP 1 JUL7 139 1/2 UP 1 SEP7 129 UP 3/4 DEC7 134 1/2 UP 1/2 MAR8 UNTRD BEANS MAY7 500 1/2 UP 3/4 JUL7 501 1/2 UP 1 1/4 AUG7 501 1/2 UP 2 SEP7 497 UP 3 NOV7 498 1/4 UP 2 1/4 JAN8 505 UP 2 1/2 MEAL MAY7 1455 UP 2 JUL7 1455 UP 4 AUG7 1455 UP 5 SEP7 UNTRD OCT7 1452 UP 1 OIL MAY7 1550 UP 7 JUL7 1585 UP 7 AUG7 1601 UP 6 SEP7 UNTRD OCT7 1627 UP 2 &#3;