text
stringlengths 0
9.69k
| target
stringlengths 0
137
|
|---|---|
Hard wheat futures traded 1/4 cent higher to steady in light midsession trading as firm Chicago wheat futures and hopes for new export sales this week lent support traders said. May stood 1/4 cent higher at 2.74 dlrs. Trading was light with little fresh direction in the market. Traders awaited results on Jordans Export Bonus tender for hard wheat and Egypts tender this week for flour. Staley bought July and the July/December spread traded at 7-1/2 cents pit brokers said. Reuter | KANSAS CITY WHEAT MARGINALLY FIRMER AT MIDDAY |
 LONDON METAL SPOTS CLOSING - APR 7 All Stg per tonne dlvd UK byrs unless stated. Brass Rods 131.00 per 100 kilos Copper Sheets 1990.50 Copper Wire 146.95 per 100 kilos fob London Copper Coils 146.30 per 100 kilos fob London Lead Scrap 244.00 dlvd London/S.Counties Red Lead 555.00 fob UK White Lead Dry 735.00 fob UK.  | |
MINNEAPOLIS WHEAT MAY7 284 1/2 UP 1 JUL7 281 UP 1/4 SEP7 277 UP 1 DEC7 -- -- MAR8 -- -- | MIDWEST GRAIN FUTURES 11:40 EDT |
barrow and gilt prices rose 1.00 to 1.50 dlr the usda said. us 1-3 215-260 lbs 51.00-51.50. sows - up 1.00 dlr. us 1-3 500-650 lbs 46.50-47.00. Reuter | ST JOSEPH HOGS UP 1.00/1.50 DLR - USDA |
Ia-So Minn direct hogs estimated rcpts 80,000 vs actual week ago 85,000 and actual year ago 72,000. |
|
 CBT 11:40 EDT WHEAT MAY7 286 1/2 UP 1/4 JUL7 271 3/4 OFF 1 SEP7 272 3/4 OFF 1/4 DEC7 278 UNCH MAR8 277 OFF 1/4 CORN MAY7 160 UP 1 3/4 JUL7 163 3/4 UP 2 SEP7 168 1/2 UP 2 1/4 DEC7 177 UP 2 1/4 MAR8 183 3/4 UP 2 OATS MAY7 149 OFF 1 JUL7 138 1/2 UNCH SEP7 128 1/4 UNCH DEC7 134 UNCH MAR8 UNTRD BEANS MAY7 502 UP 2 1/4 JUL7 503 UP 2 3/4 AUG7 503 UP 3 1/2 SEP7 497 3/4 UP 3 3/4 NOV7 500 1/4 UP 4 1/4 JAN8 506 3/4 UP 4 1/4 MEAL MAY7 1457 UP 4 JUL7 1457 UP 6 AUG7 1457 UP 7 SEP7 1460 UP 9 OCT7 1460 UP 9 OIL MAY7 1556 UP 13 JUL7 1590 UP 12 AUG7 1606 UP 11 SEP7 1624 UP 13 OCT7 1642 UP 17  | |
Barrow and gilt prices gained 1.00 dlr on moderate to good demand. Top 51.25 dlrs per cwt. COUNTRY AT PLANT U.S. 1-2 210-240 49.25-50.00 50.00-51.25 U.S. 1-3 240-260 48.25-49.00 49.00-50.25 actual receipts yesterday 10800 estimated receipts today 6500 actual week ago 8800 actual year ago 9100 week to date estimates 17300 actuals week ago 18400 actuals year ago 19100 Reuter | OHIO DIRECT HOGS UP 1.00 DLR - USDA |
This weeks Ontario government auction of 50 mln dlrs worth of 91-day treasury bills yielded an average of 6.91 pct up from 6.87 pct last week a treasury department spokesman said. Average price was 98.307. Reuter | ONTARIO TREASURY BILL YIELD RISES |
University Patents Inc said its optical products subsidiary sold 5652 Alges soft bifocal contact lenses in March after allowances for exchanges and returns. The lenses were approved for marketing in April 1986 by the Food and Drug Administration. Reuter | UNIVERSITY <UPT> REPORTS MARCH LENS SALE |
Qtrly div five cts vs five cts prior Pay April 27 Record April 20 | SUPER RITE FOODS INC <SRFI> SETS QTRLY PAYOUT |
barrow and gilt prices rose 1.50 dlr the usda said. us 1-3 210-260 lbs 51.00-51.50. sows - up 1.00/1.50 dlr. us 1-3 300-600 lbs 46.00-46.50. Reuter | KANSAS CITY HOGS UP 1.50 DLR - USDA |
Qtly div 11 cts vs 11 cts prior Pay June 15 Record May 15 Reuter | MILTON ROY CO <MRC> SETS QUARTERLY |
barrow and gilt prices rose 1.00 dlr in moderately active trade usda said. us 1-3 230-240 lbs 51.50. sows - none. Reuter | JOLIET HOGS UP 1.00 DLR - USDA |
 N.Y. COFFEE C VOL/OPEN INT APRIL 6 VOL OPEN CHANGE MAY 1414 6619 off 340 JLY 1199 5789 up 51 SEP 289 4029 up 6 Dec 310 2489 up 45 MCH 11 347 up 4 MAY 9 61 off 5 JLY 2 73 unch Sep 0 2 up 1 Total 3234 19409 off 238  | |
barrows and gilt rose 1.00 to 1.50 dlr amid good demand the usda said. top 51.00 dlrs per cwt. us 1-2 210-250 lbs 50.00-50.75 few 51.00. us 1-3 210-250 lbs 49.50-50.25 and 250-260 lbs 48.50-49.75. sows - steady/up 1.00 dlr. us 1-3 500-650 lbs 41.00-45.00 few 46.00. Reuter | INDIANA DIRECT HOGS UP 1.00/1.50 DLR - USDA |
 HOGS PURCHASED FOR SLAUGHTER - 7 MARKETS - 4/7 NUMBER AVERAGE AVERAGE WEIGHT COST Barrows/Gilts 50090 243 49.34 Week Ago 52735 243 49.17 Year Ago 65275 243 40.25 Sows 7549 476 44.48 Week Ago 7242 476 43.63 Year Ago 8997 465 40.18 Reuter  | |
Delta Air Lines Inc said it began construction to expand its passenger terminal facilities at Dallas/Fort Worth International Airport. Adding a new nine-gate terminal that will be connected to Deltas existing terminal by an underground tunnel will cost about 20 mln dlrs a Delta spokesman said. The carrier will have a total of 32 gates up from the current 23 when the terminal is completed in late 1988. With the new satellite terminal Delta will be able to expand to more than 300 daily flights at the airport up from about 200 currently it said. Reuter | DELTA AIR <DAL> TO EXPAND PASSENGER TERMINAL |
 LONDON STRATEGIC METALS - APR 7 In US dlrs warehouse rdm unless stated. Aluminium ingots 99.7 pct 1425 1445 a tonne Antimony 99.6 pct 2300 2350 a tonne Bismuth 99.99 pct 2.05 2.15 a lb Cadmium 99.95pct ingots/sticks 0.90 0.93 a lb Chrome metal 99.0 pct 2.45 2.55 a lb Cobalt broken cathodes 5.95 6.15 a lb Gallium ingots 99.9 pct 385 405 a kilo Germanium metal 50 ohm/centimetre 575 625 dioxide 99.99 pct 430 495 both a kilo Indium ingots 99.97 pct 135 145 Iridium 360 380 a troy ounce Manganese ferro 75/76 pct 310 320 metal 99.7 pct 1680 1720 both a tonne Mercury 210 230 a flask of 76 lbs net Molybdenum ferro 7.80 8.00 a kilo oxide 57pct 3.05 3.10 a lb both ex-european warehouse Nickel 99.5 accdg spec 1.725 1.925 a lb Rhodium 1215 1230 a troy ounce Ruthenium 72 74 a troy ounce Selenium 99.5 pct 4.80 5.20 a lb Silicon lumps 98.5 pct 1140 1190 a tonne Tantalite ore 25/40 pct 18 22 per lb cif N.E.Ports Titanium sponge 99.6 pct 3.80 4.20 a kilo Vanadium ferro 60 pct 13.30 13.50 a kilo pentoxide (v2o5) 98 pct 2.50 2.54 a lb. Wolframore min 65 pct 49 54 noml a tonne unit cif europe. REUTER  | |
The dollar was steady on the day but slightly down on yesterdays late range in very quiet trading with operators generally opting for caution ahead of this weeks monetary meetings in Washington dealers said. The dollar was quoted at a late 6.0640/70 francs after a fix at 6.0620 an early 6.0565/90 and yesterdays late 6.0710/30. The mark was quoted at a late 332.69/71 francs per 100 after a fix at 332.70 an early 332.72/75 and last nights 332.70/72 range. REUTER | DOLLAR STEADY IN LATE PARIS TRADING |
 PRS PARIS COCOA CLSG - APR 07 May 1230/1255 ba Jul 1260 BID Sep 1290 BID Dec 1310 BID Mar 1338/1345 ba May 1350 BID Jul 1365 BID Sales at call NIL accumulative total 25 Yesterdays official turnover: NIL BARELY STEADY  | |
<Golden Rule Resources Ltd> and Goldsil Resources Ltd said they had agreed to merge. The merged company will issue to each Golden Rule shareholder 1-1/2 shares and one warrant. The warrant will be for a term of two years. Payment of 3.10 dlrs and delivery of two warrants will entitle the shareholder to one additional share of the merged company the companies said. Each Goldsil shareholder will receive one share and one-half warrant. The warrant will be for a term of two years. Payment of 3.10 dlrs and delivery of two warrants will entitle the shareholder to one additional share of the merged company. Reuter | GOLDSIL AND GOLDEN RULE AGREE TO MERGE |
The Federal Reserve entered the government securities market to arrange two-day repurchase agreements for system account a spokeswoman for the New York Fed said. Fed funds were trading at 6-1/8 pct at the time of the direct injection of temporary reserves dealers said. Most economists had expected a less aggressive injection of reserves via customer repurchase agreements. Reuter | FED SETS TWO-DAY SYSTEM REPURCHASES |
 CME 11:45 EDT L-CATTLE APR7 69.65 UP 0.25 JUN7 65.07 UP 0.05 AUG7 60.87 UNCH F-CATTLE APR7 69.15 UP 0.05 MAY7 68.25 UP 0.03 AUG7 66.50 UP 0.10 HOGS APR7 50.35 UP 0.53 JUN7 49.00 UP 0.53 JUL7 47.05 UP 0.18 BELLIES MAY7 66.55 UP 0.15 JUL7 64.95 UP 0.10 AUG7 61.95 UP 0.35 FEB8 56.20 UP 0.60  | |
Shr 25 cts vs 55 cts Net 1.3 mln vs 2460000 NOTE: 1987 1st qtr includes loan write-offs at banking subsidiary The Colonial Bank of Mobile due to loan losses of 1.3 mln dlrs or 25 cts a share. Reuter | COLONIAL BANCGROUP INC <CLBGA> 1ST QTR NET |
 N.Y. COCOA VOL/OPEN INTEREST FOR APRIL 6 VOL OPEN CHANGE MAY 820 4664 off 462 JLY 1081 8581 up 350 Sep 39 3435 up 3 DEC 63 4420 off 34 Mch 0 1124 unch May 0 209 unch total 2003 22433 off 143  | |
Dresdner to propose 1986 dividend 10 marks vs same, one-for-18 bonus share issue |
|
Oils and oilseeds traded quietly this afternoon and price movements were marginally mixed. Dutch soyoil showed small gains with support coming from early mark-ups in Chicago soyoil futures. Firm Argentine markets maintained levels in the sunflowerseed oil section but palm oil tended to move off early highs due to lack of buying support and the reported rejection of rbd oil offers by Pakistan at its tender today. Demand for coconut oil and palm kernel oil faded and here again early gains were pared. Dutch soyoil traded at 65.50 guilders for May rising to 71 for Nov/Jan deliveries ex-mill while any origin sunflowerseed oil sold at 346.50 dlrs for May/Jul and 357.50 for Aug/Oct call ex-tank Rotterdam. No fresh trade was reported for coconut oil or palm kernel oil and palm oil also met an idle afternoon. Among oilseeds April deliveries of U.K. Rapeseed traded to Boston U.K. East coast at 297 stg per tonne. REUTER | LONDON OILS/SEEDS CLOSE QUIETLY MIXED |
Shares of Detroit automakers rose sharply in active trading as investors scrambled to accumulate the stocks in anticipation of postive announcements by Ford Motor Co <F> and General Motors Corp <GM> at meetings to be held at the end of the week traders said. General Motors gained two points to 83-1/2 and Ford one to 91-1/8. Chrysler Corp <C> which is not expected to make any major announcements this week rose 1/4 to 58-1/2. There is a little mystery coming at the end of the week for the automakers one trader said and in a bull market investors dont mind the mystery so much. Yesterday GMs stock climbed 1-3/4 points on expectations that the company might disclose some bullish news at a meeting before analysts on April 9-10. A GM spokesman had no comment on the meeting. GM chairman Roger Smith is expected to attend the meeting along with GM president James McDonald and other senior GM executives. The stock could be moving up just on the proximity of the meeting thinking GM will say something positive analyst Philip Fricke of Goldman Sachs said. Though he maintains a buy recommendation on GM Fricke said he cut 1987 earnings estimates for the company by 50 cts a share to 7.30 dlrs a share because of the costs of incentive programs. The company earned 8.21 dlrs a share in 1986. Monday Ford closed 2-5/8 points higher as rumors circulated that the company would announce a higher dividend and a three-for-two stock split at it Thursday board meeting. A Ford spokesman said it is likely they will have a dividend announcement. He said it is a board policy to make a dividend announcement at the first board meeting of the quarter but he would not comment on any plans for a change in the dividend or a stock split. Reuter | WALL STREET STOCKS/AUTOMAKERS |
 LONDON SOYBEANMEAL CLOSING - APR 7 APR 120.0 121.5 nil JUN 115.5 115.9 nil AUG 111.7 111.9 111.5 111.5 15 OCT 112.5 113.0 112.5 112.5 45 DEC 115.0 116.0 nil FEB 119.0 119.5 119.0 119.0 25 APR 120.0 122.2 nil 85  | |
 U.S. CORN PRODUCT PRICES - APRIL 7 (IN DLRS PER TON SPOT UNLESS SPECIFIED) CHICAGO FOB EAST GLUTEN FEED 21 PCT BULK APRIL - 100.00 - UNC PELLETS APRIL - 104.00 - UNC GLUTEN MEAL 60 PCT BULK APRIL - 230.00 - UP 10.00 CIF GULF GLUTEN FEED PELLETS APRIL - 110.00B/115.00A - UP 3.00/5.00 DECATUR ILL. GLUTEN FEED 21 PCT PELLETS - 100.00 - UNC GLUTEN MEAL 60 PCT BULK - 220.00 - UNC CEDAR RAPIDS IOWA GLUTEN FEED 21 PCT PELLETS - 100.00 - UNC GLUTEN MEAL 60 PCT BULK - 220.00 - UNC NC - NO COMPARISON UA - UNAVAILABLE N - NOMINAL A - ASKED B - BID Reuter  | |
slaughter cattle rose 1.00 to 1.50 dlr in active trade the usda said. steers - choice 2-4 1050-1325 lbs 64.50-66.30. heifers - choice 2-4 975-1200 lbs 63.00-65.00. Reuter | ST PAUL CATTLE UP 1.00/1.50 DLR - USDA |
barrow and gilt prices rose 1.00 to 2.00 dlrs in very active trade amid broad demand the usda said. top 52.50 dlrs per cwt. us 1-3 220-260 lbs 51.00-52.50. sows - up 0.50/1.50 dlr. us 1-3 500-650 lbs 46.50-47.00. Reuter | ST PAUL HOGS UP 1.00/2.00 DLRS - USDA |
The cif Rotterdam meals and feeds market was generally active this afternoon after a quiet morning as consumers stepped in to cover short positions the dollar remained steady and Chicago rallied market sources said. Business was concentrated mainly in the afloat and nearby positions with particular emphasis on South American soymeal pellets although other products too traded actively. Brazilian soymeal pellets traded afloat at up to 202.50 dlrs a tonne cif Ghent with Mch at 191 cif Ghent Apl at 185.50 dlrs with May/Sep and Jne both at 181 dlrs cif Ghent. Argentine soymeal pellets traded afloat at up to 197 dlrs a tonne with May/Sep at up to 176 dlrs a tonne cif Ghent. US high protein soymeal traded afloat at 209 dlrs a tonne. Cornglutenfeed pellets traded afloat at up to 138 dlrs a tonne with Mch at 135 dlrs Apl at 130 dlrs and May/Aug at down to 127.50 dlrs. Thai tapioca hard pellets traded afloat at 27.50 Marks per 100 kilos fob with May/Jne at 26.75 Oct/Dec at 27 Jan/Jne 1988 at 25 Marks and Jan/Dec 1988 at 25.25 Marks. Sunmeal pellets traded afloat at 121 dlrs a tonne with Apl at up to 115 dlrs. Citruspulp pellets traded afloat at up to 130 dlrs a tonne while linseed expellers traded afloat at up to 160 dlrs. Palm expellers changed hands afloat at up to 118.50 dlrs a tonne with Mch/Apl at 110 dlrs. REUTER | EUROPEAN SOY/FEED AFTERNOON GENERALLY ACTIVE |
Midwest cash soybean meal basis values were steady with more active trade beginning to emerge soy product dealers said. With crush margins at unfavorable levels processors in Indiana South Carolina and Tennessee are cutting back operations and preparing to take downtime they said. Demand from the eastern market was steady following the increase that emerged after the weekend snowstorm while the export market appeared to be cooling off they said. Soyoil trade continued in the doldrums with offers unchanged but could turn active if crushers continue taking substantial downtime dealers said. Spot Illinois rail 44 pct protein soybean meal was offered at 4.00 dlrs over May with Decatur unrestricted at 6.00 over and eastern delivery 5.00 over all unchanged. Prompt Illinois rail 48 pct protein soymeal was offered at 20.00 over unchanged with Decatur unrestricted at 21.00 over up 1.00. Eastern delivery was quoted at 18.00 over unchanged. Truck-delivered soymeal also held steady with Danville Illinois quoted at 8.00 and 24.00 dlrs over for 44 and 48 pct respectively. Spot central Illinois soybean oil was quoted at 0.65 to 0.70 cent per lb under May nominal unchanged. Reuter | CASH SOYMEAL BASIS STEADY IN INCREASED TRADE |
 LONDON SUGAR NO.6 FOB 1640 - APR 7 MTH BYR SLR HIGH LOW SALES May 150.8 151.0 152.0 147.0 1236 Aug 154.6 154.8 155.8 152.0 452 Oct 159.4 159.8 160.0 155.6 1565 Dec 161.6 163.0 163.0 161.0 54 Mar 167.0 167.6 167.0 164.2 64 May 169.0 171.0 nil Aug 173.0 174.0 nil TOTAL SALES 3371  | |
MINNEAPOLIS WHEAT MAY7 284 1/4 UP 3/4 JUL7 280 3/4 UNCH SEP7 276 1/2 UP 1/2 DEC7 -- -- MAR8 -- -- | MIDWEST GRAIN FUTURES 11:50 EDT |
 CBT 11:50 EDT WHEAT MAY7 286 1/2 UP 1/4 JUL7 271 3/4 OFF 1 SEP7 272 1/2 OFF 1/2 DEC7 277 3/4 OFF 1/4 MAR8 277 1/4 UNCH CORN MAY7 160 UP 1 3/4 JUL7 163 3/4 UP 2 SEP7 168 3/4 UP 2 1/2 DEC7 177 UP 2 1/4 MAR8 184 1/4 UP 2 1/2 OATS MAY7 149 1/4 OFF 3/4 JUL7 138 1/2 UNCH SEP7 129 UP 3/4 DEC7 134 UNCH MAR8 UNTRD BEANS MAY7 502 1/4 UP 2 1/2 JUL7 503 UP 2 3/4 AUG7 503 1/4 UP 3 3/4 SEP7 498 UP 4 NOV7 500 1/4 UP 4 1/4 JAN8 507 UP 4 1/2 MEAL MAY7 1459 UP 6 JUL7 1459 UP 8 AUG7 1460 UP 10 SEP7 1462 UP 11 OCT7 1462 UP 11 OIL MAY7 1555 UP 12 JUL7 1590 UP 12 AUG7 1606 UP 11 SEP7 1624 UP 13 OCT7 1638 UP 13  | |
 LONDON SUGAR TRADED OPTION QUOTES - APR 7 Unquoted.  | |
Browning-Ferris Industries Inc said its subsidiary CECOS International Inc said it intends to seek a permit to install an incinerator for burning hazardous wastes at a site in southwest Jefferson County in Kentucky. In a related matter CECOS said it will acquire <BT Energy> and its assets contingent on CECOS receiving the permit it said. BT Energy already has a permit to treat and store industrial and chemical wastes and has been providing services to the Jefferson County area for 13 years CECOS said. The application will be submitted in July and will require about one year for reviews and hearings before construction of the plant could start CECOS said. The cost of the project is estimated to be approximately 30 mln dlrs CECOS said. Reuter | BROWNING-FERRIS <BFI> UNIT SEEKS WASTE PERMIT |
Soymeal futures closed 0.15 stg per tonne firmer to 0.25 easier in a light turnover of 85 lots. Traders said firm sterling against the dollar depressed values intially but the market steadied in the late afternoon with early gains in Chicago meal futures influencing sentiment. Light dealings mainly involved trade selling and speculative buying. REUTER | LONDON SOYMEAL FUTURES CLOSE QUIETLY MIXED |
WHITE HOUSE SAYS A.I.D. CHIEF PETER MCPHERSON TO BE DEPUTY TREASURY SECRETARY |
|
 LONDON RUBBER PHYSICALS CLOSING - APR 7 pence per kilo No.1 RSS SPOT 60.00 61.00 May 61.50 62.50 Jun 61.00 62.00 No.2 RSS May 57.50 58.50 Jun unquoted No.3 RSS May 56.00 57.00 Jun unquoted  | |
Japan is attempting to cut back semiconductor production to forstall the 300 mln dlrs in U.S. tariffs on Japanese electronic goods set to take effect April 17 industry analysts said. The move is likely to create a sharp price rise and a possible shortage of the key computer components in the next few weeks the analysts said. Prices have gone up for memory components the mainstay of the Japanese semiconductor industry analyst Drew Peck of Donaldson Lufkin and Jenrette said. But analysts said the price rises have been slight so far and some questioned whether Japan would be successful in forcing Japanese companies to cut production in the long run. Others however were more optimistic saying evidence was already in hand that Japan has cut back prodution and halted sales to the grey market the third country brokers that sell chips at below production costs. Weve seen the grey market begin to dry up for D-RAMS and it has virtually dried up for EPROMS said Merrill Lynch analyst Thomas Kurlack of the two key memory chips used in computers. Prices are inching up and lead times on deliveries are stretching Kurlack added. Industry analysts said Japans Ministry of International Trade and Industry or MITI had requested the cut backs in production to meet the terms of last years semiconductor accord with the U.S. The Reagan adminsitration recently proposed tariffs on Japanese electronic goods alleging that Japan had failed to live up to the accord and continued to dump the computer components in the U.S. market. But some analysts said Japans attempt to mollify the U.S. was a double edged sword and might be read at a subtle form of trade retaliation for the tariffs proposed by the U.S. As production in Japan is cut these analysts argue prices will rise in the U.S. and few American semiconductor manufactures will be able to take up the slack since most long ago exited the market for memory chips. U.S. computer makers that use the chips in their machines will then be pressured. The Japanese are looking for ways to reduce trade pressures from Washington but at the same time theyre demonstating their muscle analyst Peck said. The cut backs in Japanese production are expected to benefit U.S. chip makers. I think this could be a very important factor for U.S. semiconductor manufacturers industry analyst Elliot Levine of Ladenburg Thalmann Co said. But analyst Peck said it will take a few weeks to see whether Japan has genuinely cut production. He said Japanese manufactures were likely to view MITIs request unfavorably because chip capacity was still high and production cut backs would lead to significant write-offs in plant and equipment. Reuter | JAPAN CUTS CHIP SUPPLY, MAY PRODUCE SHORTAGE |
SENIOR TREASURY AIDE SAYS PARIS PACT TO BE REVIEWED, U.S. THINKS IT SUCCESSFUL |
|
Two New York management investment firms told the Securities and Exchange Commission they had increased their holdings in Purolator Courier Corp to 7.2 pct from 6.2 pct. Mutual Shares Corp and Mutual Qualified Income Fund Inc said they were weighing offers to buy Purolator shares from PC Acquisition Inc a unit of E.F. Hutton LBO Inc for 35 dlrs a share and from EAF Acquisitions Corp Inc a unit of Emery Air Freight Corp. at 40 dlrs They told the commission they had bought their new Purolator shares March 25-27 for 34.875-35.250 dlrs each. reuter | INVESTORS RAISE STAKE IN PUROLATOR <PCC> |
SENIOR U.S. AIDE SAYS NO CONSENSUS YET ON PARIS CLUB RELIEF FOR POOREST NATIONS |
|
 NY COTTON 11:55 MAY7 5608 UP 28 JUL7 5515 UP 25 OCT7 5525 UP 20 DEC7 5515 UP 40 MAR8 5615 UP 50 MAY8 UNTRD JUL8 UNTRD OCT8 UNTRD  | |
None posted Total todate 146. | LONDON COCOA GRADINGS/TENDERS - APR 7 |
 NY SUGAR 14 11:55 MAY7 2170 UP 4 JUL7 2185 UNCH SEP7 2185 UNCH NOV7 2162 UP 1 JAN8 UNTRD MAR8 UNTRD MAY8 UNTRD JUL8 UNTRD SEP8 UNTRD  | |
20 Sierra Leone type 2 and three Zaire type 3 originals were posted. Total todate 43. | LONDON COFFEE GRADINGS/TENDERS AFTERNOON - APR 7 |
Loans and advances from the Dutch Central Bank to the commercial banks rose by 1.2 billion guilders to 10.7 billion in the week up to and including April 6 the Banks weekly return showed. Paper discounted with the Bank also rose by 477 mln guilders to 916 mln. These rises were balanced by a 1.6 billion guilders rise in the Treasurys account at the Bank made up mainly of repayments on housing loans by local authorities. The Treasurys account stood at 8.1 billion guilders the weekly return showed. The Banks gold and currency reserves rose by 484 mln to 56.89 billion guilders while the value of non-gold holdings rose by 140 mln guilders analysts said. They added that the rise in the reserves was merely the result of commercial currency transactions by the Bank. Call money and period tariffs were only fractionally changed this week and were seen sustaining their stable levels since no dramatic changes in the money market debt currently around 10.25 billion guilders are expected. Today call money traded between 5-3/8 to 5-1/2 pct and period tariffs all between 5-5/16 to 5-7/16 pct. REUTER | DUTCH MONEY MARKET DEBT RISES IN WEEK |
Kansai Electric Power Co Inc is issuing a 60 billion yen eurobond due April 30 1994 paying a 4-5/8 pct coupon and priced at 101 pct lead manager Nomura International Ltd said. LONDON - Sharp Corp is issuing a 200 mln dlr equity warrant eurobond due April 27 1992 paying two pct and priced at par lead manager Nomura International Ltd said. LONDON - 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. LONDON - Showa Aluminium Corp is issuing a 100 mln dlr equity warrant eurobond due April 23 1992 paying an indicated coupon of 2-1/8 pct and priced at par lead manager Nomura International Ltd said. LONDON - Nippon Shokubai Kagaku Kogyo is issuing an 80 mln dlr equity warrant eurobond due April 30 1992 paying an indicated coupon of 2-1/8 pct and priced at par lead manager Nomura International Ltd said. PARIS - Caisse Centrale des Autoroutes is issuing a 120 mln ECU 7-3/8 pct eurobond due May 15 1995 at 101-3/4 pct lead manager Credit Lyonnais said. LONDON - Postipankki is issuing a 20 billion yen eurobond due May 11 1992 paying 4-1/2 pct and priced at 102-1/8 pct lead manager Nikko Securities Co (Europe) Ltd said. LONDON - Yamaichi International (Europe) Ltd said it is effectively repackaging 137 mln dlrs of the U.Ks four billion dlr floating rate note issued last year into a five year fixed rate yen note with a five pct coupon. LONDON - A unit of Banca Nazionale del Lavoro is issuing a 15 billion yen eurobond due May 12 1992 paying 4-1/2 pct and priced at 101-1/2 pct market sources said. The joint bookrunners are Tokai International and Daiwa Europe Ltd. REUTER | INTERNATIONAL BOND HIGHLIGHTS - APRIL 7 |
 PRS PARIS SUGAR CLOSING - APR 07 May 1148/1150 ba Aug 1165/1168 ba Oct 1200/1205 ba Dec 1230/1240 ba Mar 1255/1270 ba May 1290/1310 ba Sales at call NIL accumulative total later Yesterdays official turnover: 51900 IRREGULAR  | |
The U.S. Senate Agriculture Committee chairman said he wanted to develop a plan to help rural America which he said has been neglected by the Reagan administration. I hope to develop a sound and comprehensive plan to revitalize rural America.... We need a renewed national commitment to rural America and we will have one Sen. Patrick Leahy (D-Vt.) told a Senate Agriculture Committee hearing. Leahy faulted the Reagan administration for having no strategy to revitalize rural America. Leahy added that some rural countries were losing population and this was contributing to the economic decline. Reuter | SENATE FARM LEADER URGES HELP FOR RURAL AMERICA |
Kuwait has asked at least four countries including the United States Soviet Union Britain and China for temporary use of their flags or tankers to protect Kuwaiti oil shipments in the troubled Persian Gulf Reagan Administration officials said. The officials confirmed a New York Times report that Kuwait wants to transfer some of its oil tankers to U.S. or Soviet registration in hopes Iran would be reluctant to launch new Silkworm missiles at superpower flags. The United States has vowed to keep the gulf open to international oil traffic and has warned Tehran against using the Chinese-made missiles recently installed in Iran near the mouth of the gulf. They (the Kuwaitis) have also asked Britain China and possibly some other European countries to lease tankers to carry their oil one of the administration officials who asked not to be identified told Reuters. The United States is considering the request to temporarily transfer Kuwaiti ships to American registration but such a move could create insurance and other problems the officials said. U.S. defense officials told Reuters yesterday that Kuwait had decided for at least the time being not to accept a U.S. offer to use American warships to escort its tankers in the gulf where both Iran and Iraq have been attacking shipping. Reuter | KUWAIT ASKS TO USE FOREIGN FLAG TANKERS, U.S SAYS |
The use of generic commodity certificates or certs for fiscal years 1986-88 will save the government 50 to 100 mln dlrs Department of Agriculture Undersecretary Daniel Amstutz said. Speaking at a House agriculture subcommittee hearing on the use of the certificates Amstutz said that the issuance of 8.5 billion dlrs of certificates during fiscal years 1986-88 could result in government outlays of up to 400 mln dlrs. However the use of certificates preclude the need for 450 to 500 mln dlrs in storage and handling costs resulting in net savings for the government of 50-100 mln dlrs he said. Without the use of certificates Amstutz said nearly the entire 1985 crop which had been put under loan would have been forfeited to the Commodity Credit Corporation CCC. In addition 260 mln bushels of grain that have been redeemed from CCC inventory through certificate exchanges would have remained in the goverment inventory he said. When asked to comment on a recent study by the General Accounting Office that concluded certificates result in a net cost to the government Amstutz said GAO underestimated the benefits and overstated the costs of the certificate program. Amstutz said while certificates encourage more loan entries they also encourage heavier loan redemptions rather than forfeitures. GAO underestimated this net loan activity Amstutz said. There is no question in the mind of the Department of Agriculture that these certificates have been very useful Amstutz said. Immediate benefits of certificates include greater market liquidity improved market price competitiveness higher farm income and improved debt situation and decreased carrying costs he said. Certificates are an integral part of USDAs long-range market-oriented farm policy he said. Amstutz told subcommittee Chairman Rep. Dan Glickman D-Kans. that USDA is in the process of preparing an official response to the GAO study on certificates and will submit it to the subcommittee when completed. Reuter | U.S. GRAIN CERTS SAVE 50-100 MLN DLRS - AMSTUTZ |
General Motors Corp said it set up a new office of Latin American operations as part of the companys continuing international restructuring. The automaker named James F. Waters Jr to head the operations. Waters who will work out of the United States is General Motors vice president and group executive in charge of the Overseas Group. In Asia Barton Brown General Motors vice president in charge of Asian African and International Export operations will assume responsibility for Australian operations. General Motors also shifted some officers at its GM do Brasil and GM de Mexico operations. In Brazil Clifford J. Vaughn vice president and managing director of GM do Brasil will return to the United States as vice president of manufacturing at the Chevrolet-Pontiac-Canada Group. Vaughn will be replaced as managing director of GM do Brasil by Robert B. Stone vice president and managing director of GM de Mexico. Stone will remain a vice president. Richard C Nerod executive director of marketing and sales of GM do Brasil will become managing director GM de Mexico. Reuter | GM <GM> SHIFTS LATIN AMERICAN, ASIA OFFICERS |
VOLCKER SAYS FED POLICY NOT RESPONSIBLE FOR PRIME RATE RISE |
|
 LONDON STERLING RATES CLOSING -APRIL 7 US 1.6185/95 YEN 234.80/235.05 CAN 2.1110/40 DKR 11.1160/1310 DMK 2.9490/9520 NKR 11.0265/0415 DFL 3.3280/3320 SKR 10.2630/2770 SFR 2.4470/4500 AUS SCH 20.73/80 FFR 9.8130/8240 PORT 227.35/229.50 BFC 61.03/14 SPAIN 206.75/207.00 LIT 2103/2106 IRL 1.4197/4213 ECU 1.4197/4213  | |
 LONDON DOLLAR CROSS RATES CLOSING - APRIL 7 SPOT 1 MONTH 3 MONTHS 6 MONTHS STG 1.6185/95 52/49 133/128 228/223 DMK 1.8240/50 42/39 122/117 247/242 SFR 1.5120/30 48/43 114/109 228/218 DFL 2.0575/85 19/16 58/53 130/125 BFC 37.73/78 01/04 03/08 09/16 FFR 6.0650/0700 85/105 240/270 465/515 LIT 1299/1300 310/360 900/1100 1800/2300 YEN 145.25/35 34/30 98/93 200/190 CAN 1.3050/55 BFR 37.90/93 DKR 6.8750/8800 NKR 6.8225/75 SKR 6.3500/50 AUS SCH 12.81/83 HK 7.8012/17 IRL 1.4650/70  | |
Eurodollar deposit rates closed little changed around the levels established at midmorning. Rates at the longer end of the market showed 1/16 point gains on a weak opening from the dollar dealers said. Trading remained very quiet throughout the day with operators sidelined in the absence of major U.S. Economic data and ahead of this weeks Group of Seven meeting in Washington. The G-7 finance ministers are due to discuss their February pact on currency stability and this could well have an impact. One to five month eurodollars were steady with three months closing at 6-9/16 7/16 pct. Dealers noted that Federal Reserve Board Chairman Paul Volcker said a restrictive monetary policy would hit investment and that a better course would be to restrain spending. Volcker was testifying to the Senate Banking Committee. Volcker also said a further fall in the dollar would be counterproductive and that the currencys performance could be a factor in determining U.S. Monetary policy. Short dated eurodollars were steady with overnight to spot/next quoted at a uniform 6-1/4 1/8 pct. The Fed added temporary reserves via two-day system repurchase agreements with Fed funds trading at 6-1/8 pct. REUTER | LONDON EURODOLLAR DEPOSITS CLOSE QUIETLY STEADY |
 LONDON EURODOLLAR DEPOSITS RATES CLOSING - APRIL 7 overnight 6-1/4 1/8 tom/next 6-1/4 1/8 spot/next 6-1/4 1/8 week fixed 6-5/16 3/16 one month 6-7/16 5/16 two 6-1/2 3/8 three 6-9/16 7/16 four 6-9/16 7/16 five 6-5/8 1/2 six 6-11/16 9/16 nine 6-13/16 11/16 one year 6-7/8 3/4 two years 7-3/8 1/8 three years 7-5/8 3/8 four years 7-7/8 5/8 five years 8-1/8 7-7/8 CANADIAN DOLLARS week 6-7/8 5/8 one month 7-1/8 6-7/8 two 7-3/16 6-15/16 three 7-3/16 6-15/16 six 7-3/8 1/8 nine 7-7/16 3/16 twelve 7-1/2 1/4  | |
 LONDON RUBBER INDEX FUTURES SETTLEMENTS - APR 7 SETTLEMENT HIGH LOW SALES May 585 595 nil Jun 585 595 nil Jul/Sep 585 595 nil TOTAL SALES Nil  | |
Leading industrial nations will be reviewing the Paris agreement to stabilize exchange rates foster increased worldwide growth and reduce trade imbalances but the U.S. thinks the accord has been successful so far a senior U.S. Treasury official said. The Paris accord will be reviewed at this meeting. It has been successful and continues to be succesfull a senior U.S. Treasury official told reporters. In a briefing ahead of this weeks semiannual IMF and World Bank meetings he also said the U.S. was looking to West Germany and Japan to bolster their economic growth. The official said both surplus countries like West Germany and Japan and deficit countries like the U.S. agreed to play a role in bringing about more balanced economic growth. He reaffirmed the U.S. would press ahead with efforts to reduce its budget deficit resist protectionism and boost U.S. competitiveness. The official also said that he expected trade issues like the dispute between the U.S. and Japan over microchips to be included in the discussions. The official made no direct comment on the content or schedule of forthcoming Group of Five and Group of Seven discussions. He said that industrial countries are concerned that the large external imbalances remain a threat to the international monetary system. He added that the meetings will also provide an opportunity to discuss economic policy coordination efforts. The official said indicators would be used to measure policy objectives of industrial countries and their economic projections. They would also be used to assess progress of policy goals. Asked whether the U.S. was proposing a new initiative regarding the indicators the official said the issue would be reported to the Venice Summit in June. Monetary sources said the U.S. proposal envisages using the indicators to make policy coordination agreements like the Paris Accord more binding. Reuter | U.S. URGES SURPLUS NATIONS TO BOOST GROWTH |
 LONDON SEEDS CLOSING - APR 7 COPRA Phillipines dlrs per tonne cif rotterdam Apr 275.00 reslrs PALM KERNELS Sierra leone dlrs per tonne cif rotterdam Apr 175.00 slrs SOYBEANS cif uk east/south coast stg per tonne Jun/Aug 137.00 Sep/Dec 139.50 slrs LINSEED Canadian dlrs per tonne cif rotterdam Apr/May 167.00 May/Jun 166.00 slrs RAPESEED UK stg per tonne del Apr 297.00 paid Humberside/Boston Apr 296.00/298.00 May 298.00/301.00 byr/slrs REUTER  | |
 CANADIAN EXCHANGE NOON - APR 7 U.S. dollar 1.3052/57  | |
 N.Y. EURODEPOSITS 1200 - 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 Reuter  | |
 LONDON OILS CLOSING - APR 7 SOYOIL Dutch fob Ex-Mill guilders per 100 kilos May 65.50 Jun 66.00 May/Jul 65.75/66.25 Aug/Oct 68.00/68.50 paid U.K. CRUDE ex-tank stg per tonne Apr-May 214.00 Jun 215.000 Jul 218.00 slrs SUNFLOWERSEEDOIL Any origin ex-tank dlrs per tonne May/Jul 346.50 Aug/Oct 357.50 paids GROUNDNUTOIL Any origin cif rotterdam dlrs per tonne Mar/Apr-Apr/May-May/Jun 490.00 slr RAPESEEDOIL Dutch/EC Guilders per 100 kilos May 60.75 paid Aug/Oct 60.00 slrs UK 2 pct ffa stg per tonne ex-tank Apr 183.00 May 185.00 Jun 187.00 Jul 189.00 Aug/Oct 183.00 slrs PALMOIL Malaysian Crude dlrs per tonne cif UK/Rotterdam May 332.50 slr. Malaysian/Sumatran crude dlrs per tonne cif UK/Rotterdam May 332.50 Jun 335.00 Jul 337.50 Aug 340.00 slrs Malaysian RBD dlrs per tonne Apr-May 318.00 paids Malaysian RBD Olein dlrs per tonne Jun 335.00 Jul 332.50 paids Malaysian RBD stearine dlrs per tonne FOB May 277.50 paid COCONUTOIL Philippines 3 pct ffa cif Rott dlrs per long ton Jun/Jul 415.00 Jul/Aug 425.00 paids PALMKERNELOIL Malaysian 5-1/2 pct cif Rott. Dlrs per tonne Jun/Jul 390.00/400.00 Jul/Aug 400.00/405.00 paid Apr/May 385.00 May/Jun 390.00 Jun/Jul 395.00 Jul/Aug 405.00 slrs LINSEEDOIL any origin extank Hull stg per tonne Apr/May 216.00 slr. TUNGOIL Any origin ex-tank U.K. Stg per tonne Apr/May 1100.00 slr CASTORSEEDOIL Brazilian No.1 ex-tank Rott dlrs per tonne Apr/May 750.00 slrs REUTER  | |
 N.Y. FUNDS 1200 - APR 7 6-1/8 (6-1/8)  | |
 NY COMEX SILVER 12:00 APR7 6670 UP 122 MAY7 6705 UP 125 JUN7 6730 UP 113 JUL7 6785 UP 131 SEP7 6865 UP 135 DEC7 6975 UP 137 JAN8 7000 UP 124 MAR8 7060 UP 114 MAY8 7190 UP 165  | |
 NY SUGAR11 12:00 EDT MAY7 672 OFF 7 JUL7 691 OFF 2 SEP7 696 OFF 12 OCT7 711 OFF 2 JAN8 UNTRD MAR8 750 OFF 5 MAY8 UNTRD JUL8 780 OFF 3  | |
 LONDON COCOA CLOSING - APR 7 MTH BYR SLR HIGH LOW SALES May 1290 1291 1296 1287 486 Jul 1318 1319 1324 1316 405 Sep 1340 1342 1345 1337 325 Dec 1366 1368 1370 1364 656 Mar 1391 1392 1393 1387 315 May 1412 1413 1412 1409 38 Jul 1429 1433 1430 1430 2 TOTAL SALES 2227  | |
 NY COFFEE 12:00 MAY7 10216 UP 12 JUL7 10405 UP 5 SEP7 10610 UP 5 DEC7 10900 UNCH MAR8 11100 UP 50 MAY8 11300 UP 50 JUL8 UNTRD SEP8 UNTRD  | |
Malaysian and Indonesian palm oil production is likely to drop sharply this year because of lower yields the Hamburg-based newsletter Oil World said.(XYGP 1330) NEW YORK - Comex silver futures soared 15 to 18 cents on opening and then retreated slightly as followthrough buying slowed. May was up 12.5 cents at 6.705 dlrs from a high of 6.75 dlrs. July was up 13.1 at 6.785 dlrs from 6.84 dlrs. (MMSU 1404) In LONDON LME silver ended the morning with three months large trading at a new five month high of 420 pence per troy ounce versus yesterdays kerb close 415/418 pence.(MMSL 1327) LONDON - Cargill U.K. Ltd said its oilseed processing plant in Seaforth northwest England will resume operations tomorrow morning following settlement of a labour dispute which has paralysed production there since December 19. (XYHY 1405) SAO PAULO - A Brazilian seamens strike which began on February 27 and has been tapering off for weeks has now ended a seamens spokesman said.(XYGH 1305) WASHINGTON - Kuwait has asked at least four countries including the U.S. Soviet Union Britain and China for temporary use of their flags or tankers to protect Kuwaiti oil shipments in the Persian Gulf U.S. Officials said. (XYJV 1535) BRUSSELS - The European Commission has not taken a decision on applications from the British government for the release of 200000 tonnes of intervention feed wheat onto the British market in May and June Commission sources said. (XYJN 1519) CHICAGO - CBT wheat futures opened firmer to again set new contract highs in new crop then back off those highs to hold gains of 1-1/4 cents per bushel in May with new crop July unchanged in light early dealings.(WHCB) MADRID - Spain is to sign an barley order with Saudi Arabia for April/May delivery trade sources said. They gave no further details but said it would be a major order.(XYGX 1333) LONDON - Trading volume on the London Commodity Exchange held steady overall in March according to figures issued by the International Commodities Clearing House. Total volume was 238287 lots against 235665 in March 1986 and 233403 in February 1987. (XYKM 1559) REUTER | REUTER COMMODITIES NEWS HIGHLIGHTS 1600 GMT - APRIL 7 |
 LONDON COFFEE ROBUSTA CLOSING - APR 7 MTH BYR SLR HIGH LOW SALES May 1258 1260 1265 1245 1080 Jul 1268 1270 1274 1253 1439 Sep 1288 1292 1288 1274 457 Nov 1308 1309 1309 1299 200 Jan 1325 1330 1330 1316 628 Mar 1350 1353 1350 1345 131 May 1365 1370 nil Est total 3935 including 6 options.  | |
 LME METAL KERBS AFTERNOON - APR 7 COPPER Grade A 5025 tonnes mainly carries 3months 878.50 79.00 78.50 78.00 close 878.00 78.50 Standard nil unquoted LEAD 150 tonnes cash 308.00 3months nil close 301.00 02.00 ZINC High grade 1825 tonnes mainly carries 3months 457.00 58.00 58.50 close 458.50 59.00 SILVER Large and Small nil unquoted ALUMINIUM 19250 tonnes mainly carries 3months 804.00 05.00 06.00 06.50 06.00 close 805.50 06.50 NICKEL 54 tonnes 3months 2355 close 2355 60 REUTER  | |
 NY COCOA 12:00 MAY7 1921 OFF 13 JUL7 1957 OFF 10 SEP7 1984 OFF 5 DEC7 2012 OFF 3 MAR8 UNTRD MAY8 UNTRD JUL8 UNTRD SEP8 UNTRD  | |
 NY ORANGE JUICE 12:00 MAY7 3290 UP 170 JUL7 3165 UP 255 SEP7 2795 UP 80 NOV7 2525 OFF 15 JAN8 2550 UP 95 MAR8 UNTRD MAY8 UNTRD JUL8 UNTRD SEP8 UNTRD  | |
 NYSE-CONSOLIDATED 1200 ACTIVES 5423600 GCA CP 7/32 OFF 1/32 2597400 TEXACO 34 5/8 UP 1 2210200 BELLSOUTH 39 3/8 OFF 1/8 1775000 USX CORP 29 3/8 UP 1/8 1325600 GEN MOTORS 83 1/4 UP 1 3/4 1290800 UNITED AIR 65 OFF 3/4 1270400 FORD MOTOR 91 UP 7/8 1179100 OKLAHO G&E 32 5/8 OFF 5/8 1134100 CAESARS 31 1/8 UP 1/2 1018200 IBM 149 3/4 UP 3/8 ADVANCES 647 DECLINES 566  | |
 AMEX-CONSOLIDATED 1200 ACTIVES 407800 WESTERN DIG 25 5/8 UP 1 398600 WICKES COS 4 1/4 UNCH 261000 TEXAS AIR 40 5/8 OFF 1 7/8 257700 WANG LAB B 15 3/8 UNCH 241700 ALZA CP 37 5/8 UP 2 ADVANCES 291 DECLINES 190  | |
 NY COMEX COPPER 12:00 APR7 UNTRD MAY7 6265 UNCH 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  | |
 LONDON COFFEE OPTION TRADES AFTERNOON - APR 7 MTH TYPE STRIKE PRICE PREMIUM VOLUME Sep calls 1281 170 6  | |
 N.Y. METALS FUTURES ESTIMATED VOLUMES- APRIL 7 Time 10.00 11.00 12.00 Silver 8000 13000 17000 Copper 900 1700 2500 Gold 4500 8000 10500 Aluminum 0 1 1 Palladium ---- 190 239 Platinum ---- 2226 2876 Reuter  | |
 TSE 300 12:00:31 3897.10 UP 15.90 VOLUME 18709198  | |
MINNEAPOLIS WHEAT MAY7 285 1/4 UP 1 3/4 JUL7 280 3/4 UNCH SEP7 276 1/2 UP 1/2 DEC7 -- -- MAR8 -- -- | MIDWEST GRAIN FUTURES 12:00 EDT |
1100 hrs cdt MONTHS LAST DIFFERENCE Jul/May 3-3/4 over 3-1/2 over Dec/Jul 13-1/2 over 13-1/2 over Jul/Sep 4-3/4 under 5 under Sep/May no quote 8-3/4 over Sep/Dec no quote 8-1/4 under Dec/Mar8 no quote no quote May/Dec 17 under 17 under Reuter | CBT CORN SPREADS |
MINNEAPOLIS WHEAT MAY7 285 UP 1 1/2 JUL7 280 3/4 UNCH SEP7 276 1/2 UP 1/2 DEC7 -- -- MAR8 -- -- | MIDWEST GRAIN FUTURES 12:01 EDT |
 LONDON COCOA OPTION TRADES AFTERNOON - APR 7 Business nil.  | |
 CBT 12:01 EDT WHEAT MAY7 287 1/4 UP 1 JUL7 272 1/4 OFF 1/2 SEP7 272 3/4 OFF 1/4 DEC7 278 UNCH MAR8 277 1/4 UNCH CORN MAY7 160 UP 1 3/4 JUL7 163 3/4 UP 2 SEP7 168 3/4 UP 2 1/2 DEC7 177 1/4 UP 2 1/2 MAR8 184 UP 2 1/4 OATS MAY7 149 1/2 OFF 1/2 JUL7 138 3/4 UP 1/4 SEP7 129 1/2 UP 1 1/4 DEC7 134 1/2 UP 1/2 MAR8 136 3/4 UNCH BEANS MAY7 503 UP 3 1/4 JUL7 504 1/4 UP 4 AUG7 504 1/2 UP 5 SEP7 500 UP 6 NOV7 502 1/2 UP 6 1/2 JAN8 509 1/2 UP 7 MEAL MAY7 1464 UP 11 JUL7 1462 UP 11 AUG7 1466 UP 16 SEP7 1470 UP 19 OCT7 1470 UP 19 OIL MAY7 1554 UP 11 JUL7 1589 UP 11 AUG7 1606 UP 11 SEP7 1624 UP 13 OCT7 1639 UP 14  | |
1100 hrs cdt MONTHS LAST DIFFERENCE May/Jul 1-1/4 under 1-1/2 under Jul/Aug even even Sep/Nov 2 under 2-1/4 under May/Nov 2-1/4 over 1 over Jul/Nov 2 over 2 over Nov/Jan 6-3/4 under 7 under Aug/Sep no quote 4-1/2 over Mar/May8 no quote no quote Jan/Mar8 no quote no quote Reuter | CBT SOYBEAN SPREADS |
 CME 12:01 EDT L-CATTLE APR7 69.55 UP 0.15 JUN7 65.07 UP 0.05 AUG7 60.90 UP 0.03 F-CATTLE APR7 69.20 UP 0.10 MAY7 68.20 OFF 0.02 AUG7 66.50 UP 0.10 HOGS APR7 50.47 UP 0.65 JUN7 49.27 UP 0.80 JUL7 47.60 UP 0.73 BELLIES MAY7 66.57 UP 0.17 JUL7 65.15 UP 0.30 AUG7 62.00 UP 0.40 FEB8 56.20 UP 0.60  | |
1100 hrs cdt MONTHS LAST DIFFERENCE May/Jul 0.34 under 0.35 under Jul/Aug 0.16 under 0.17 under Jul/Dec 0.78 under 0.80 under Aug/Sep 0.16 under 0.17 under May/Aug 0.51 under 0.52 under May/Dec no quote 1.15 under Dec/Jan no quote 0.05 under Reuter | CBT SOYBEAN OIL SPREADS |
 NY COMEX ALUMINUM 12:01 LAST CHANGE APR7 UNTRD MAY7 6150 UNCH JUN7 UNTRD JUL7 UNTRD SEP7 5795 UP 15 DEC7 UNTRD JAN8 UNTRD FEB8 UNTRD MAR8 UNTRD MAY8 UNTRD JUL8 UNTRD SEP8 UNTRD DEC8 UNTRD JAN9 UNTRD  | |
Gold bullion ended the day easier but off lows after strengthening during late afternoon trading in sympathy with firmer values on Comex dealers said. The metal closed at 420.00/420.50 dlrs an ounce up on the afternoon fix of 418.50 but still below last nights close of 421.50/422. It eased during the morning as dealers traded on the gold/silver ratio buying cheaper silver and selling gold. Trading was quiet with interest in silver far outweighing gold. Gold was at its high for the day at the opening and slipped to its low at the afternoon fix. Platinum ended the day at 565.50/566.50 dlrs an ounce little changed from the afternoon fix of 566.35 or the morning setting of 565.75 dealers said. REUTER | LONDON GOLD CLOSES OFF LOWS |
 HANDY/HARMAN U.S. SILVER PRICE - APR 7 Handy and Harman (bullion) 668.50 (660.50)  | |
CBT corn futures held gains of two to 2-3/4 cents per bushel in moderately light midsession trade. Yesterdays sharp jump in the weekly corn export figure to about three times last years weekly inspections plus the outlook for a continued active export pace due to the decline in the U.S. dollar this year supported nearbys traders said. Diminished PIK-and-roll activity compared with the active pace seen last week added to the more positive tone. Most dealers expect the contract lows in corn futures to hold with some looking for the improving chart picture to support a further advance. A local house Cargill the Illinois Co-op Refco and ADM were the featured buyers of old crop May with Drexel/Burnham a steady buyer in new crop December pit brokers said. Reuter | CBT CORN FUTURES HOLD GAINS AT MIDSESSION |
 NY COMEX GOLD 12:01 APR7 4192 UP 7 MAY7 UNTRD JUN7 4232 UP 6 AUG7 4278 UP 5 OCT7 4327 UP 10 DEC7 4365 UP 4 FEB8 4422 UP 15 APR8 UNTRD JUN8 UNTRD AUG8 UNTRD OCT8 UNTRD DEC8 UNTRD FEB9 UNTRD  | |
 NASDAQ COMP 12:01 COMP 437.37 OFF 0.41  | |
1100 hrs cdt MONTHS LAST DIFFERENCE May/Jul even even Jul/Aug even 0.10 over Jul/Dec no quote 1.80 under Oct/Dec no quote 1.10 under Dec/Jan no quote 0.70 under Oct/Jan no quote 1.80 under Reuter | CBT SOYBEAN MEAL SPREADS |
 NYSE 12:01 NY COMP 71.52 UP 0.56 INDS 08.47 UP 0.99 TRANS 43.09 UP 0.07 UTILS 75.66 OFF 0.16  |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.