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  • 7/28/2019 ATT CLIP lwc-2013-07-03-c-006

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    Oklahoma unemploymentrate climbs in all countiesOKLAHOMA CITY(AP) - Oklahoma laborofficials say the state's

    unemployment rate rosein every one of its 77counties in May, a trendthey say is not uncom-mon for the month.Figures released onTuesday show SequoyahCounty in southeast Okla-homa had the highest un-employment rate of 9percent in May, up from8.2 percent in April. Thelowest unemploymentrate was in Roger MillsCounty in western Okla-

    homa at 2.2 percent,which was an increasefrom 1.8 percent in April.In the state's largestcounty, Oklahoma Coun-ty, the rate was 5.2 per-cent in May, up nearly afull percentage pointfrom 4.3 percent in April.Oklahoma Employ-ment Security Commis-sion spokesman JohnCarpenter says it is com-mon for the unemploy-ment rate to spike in Mayas students join thesearch for summer em-ployment.

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    2 000o n d s89.47AP

    In th is Fr iday photo, t rader Rober t Ve l la , l e f t , w o rk s o n the f l o o r o fthe New York S tock Exchange .

    MILLER

    A R E A L E S T A T E C A R E E RThe opportunity to get a Real Estate Licenseand join an exciting career is now here! AReal Estate Pre-licensing Course will betaught in Lawton starting August 2nd, 2013.Call 5 8 0 - 3 5 7 - 1 9 9 9 for details. Space islimited, donffimiss this opportunity.

    P lease visit our websitewww.lawtonboardofrealtors.orafor your application.

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    M ark e t w a t c hJ uly 2, 2013

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    FuelsNEW YORK (AP) - Futures trading on theNew Y ork Mercantile Exchange Tue.:Light sweet crude ($ per bbl) A ug 99.60 +1.6 1Healing oil (cents per gallon) Aug 2.904 +.027 8Gasoline ($ per gallon) Aug 2.7833 +.0454Natural gas ($ per 1,000 btu) Aug 3.654 +.077

    L i v e s t o c kFeeder C attle Weighted Average Report forthe week of 06/24/2013Receipts This Week: 11,703

    Last Week: 10,034 Last Year: 8156Monday's Actual: 10,088Compared to last week: F eeder steers andheifers sold 1.00-4.00 higher. Steer calveslightly tested and but a higher undertone w asnoted. Heifer calves 1.00-3.00 higher. D emandvery good for all classes. Several un-weanedcalves included and these selling to gooddemand despite the upcoming 100 degree fore-casted weather. Receipts this week totaled 86percent over 600 lbs and 38 percent heifers.Feeder Steers Medium and Large 1: Calves:450-500 lbs (479 Ibs) 174.00-183.00 (177.21);500-550 lbs (518 Ibs) 160.00-173.00 (169.46);550-600 lbs (579 Ibs) 154.00-163.00 (158.40);600-650 lbs (612 Ibs) 143.00-154.00 (147.40);650-700 lbs (682 Ibs) 136.00-136.50 (136.03);700-750 lbs (737 Ibs) 130.00-134.00 (133.14);Yearlings: 600-650 lbs (617 Ibs) 144.00-155.00(149.94); 650-700 lbs (674 Ibs) 137.25-147.25(142.98); 700-750 lbs (718 Ibs) 139.50-146.75(144.21); 750-800 lbs (778 Ibs) 134.00-142.00(139.11); 800-850 lbs (817 Ibs) 135.25-140.50(138.14); 850-900 lbs (879 Ibs) 132.50-139.00(134.48); 900-950 lbs (920 Ibs) 125.50-133.75(129.67); 950-1000 lbs (972 Ibs) 122.75-130.00(126.24); 1000-1025 Ibs (1007 Ibs) 120.00-124.00 (122.63).Feeder Heifers Medium and Large 1: Calves:400-450 lbs (417 Ibs) 148.00-154.50 (152.31);500-550 lbs (510 Ibs) 138.00-144.00 (141.64);550-600 lbs (140.69); 136.00-143.50; 600-675lbs (650 Ibs) 128.00-135.00 (131.77); 700-725lbs (703 Ibs) 124.50-126.50 (126.21);Yearlings: 600-650 lbs (626 Ibs) 135.50-143.00(138.20); 650-700 lbs (689 Ibs) 134.00-141.00(138.08); 700-750 lbs (718 Ibs) 132.50-138.00(135.25); 750-800 lbs (774 Ibs) 129.00-138.00(132.82); 800-850 lbs (815 Ibs) 122.00-132.00(126.87); 850-900 lbs ((870 Ibs) 119.50-124.00(121.78); 900-975 lbs (950 Ibs) 116.00-121.50(119.31).

    Oklahoma City, OK T ue July 2, 2013 OK Deptof Ag-USDA Market NewsOklahoma grain elevator cash bids as of 2:00pm Tuesday.U.S. No 1 HARD RED WINTER WHEAT:Mixed. 6.62-7.11.Davis 6.62, Manchester 6.69, Alva, Buffalo6.70, Medford, Ponca City, Shattuck 6.74,Cherokee, Lawton, Perry, Stillwater 6.75,Frederick 6.76, Keyes 6.80, Clinton 6.81, Hooker6.82, El Reno, Okarche 6.83, Banner, Okeene,Temple 6.84, Geary, Watonga 6.85, Hobart,Weatherford 6.86, Eldorado 7.11, Gulf 7.60 1/2.MILO: Mixed. 10.85-11.30.Hooker n/a, Keyes 10.85, Alva, Buffalo,Medford, Ponca City 10.94, Shattuck 11.10,Manchester 11.13, W eatherford 11.30.

    A T & Tfficiallylaunched its newest high-speed mobile service in theLawton area Tuesday.The company said the na-tion's fastest 4G LTE serv-ice is now available notonly in Lawton but alsoCache, Cement, Chickasha,Elgin, Fletcher, Geronimo,Marlow and Walters.Benefits, the companysaid, include:n Faster speeds that al-low customers to stream,download, upload andgame faster.n New devices, includingseveral LTE-compatiblesmartphones-and tablets.n Faster response timethrough lower latency, the

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    M e t a l sNEW YORK (AP) - Spot nonferrous metalprices M.Aluminum -$0.7851 per lb., London Metal Exch.Copper -$3.0618 Cathode full plate, LME.Copper -$3.1550 N.Y. Merc spot Mon.Lead - $2058.00 metric ton, LME.Zinc - $0.8268 per lb., London Metal Exch.Gold - $1242.75 Handy & Harman (only dailyquote).Gold - $1255.90 troy oz., NY Merc spot Mon.Silver - $19.715 Handy & Harman (only dailyquote).Silver - $19.560 troy oz., N.Y. Merc spot Mon.Plat num -$1370.00 troy oz., N. Y. (contract).Platnum -$1379.20 troy oz., N.Y. Merc spot Mon.

    B y T h e A s s o c i a t e d P r e s sKey b arometers in the Treasury market lateTuesday, compared wth late Monday. Pricechanges in the 10-year note and 30-year bondare per $100 invested:Pr ic esT o d a y P r e v i o u s S e s s i o n10-year note3.1 cents + 9.4 cents30-year bond3.1 cents +34.4 centsY i e l d s1-month bill 0.01 0.013-month bill 0.01 0.036-month bill 0.07 0.082-year note 0.35 0.355-year note 1.38 1.3910-year note 2.47 2.4830-year bond 3.48 3.48Inflation note 0.39 0.41Federal Funds 0.10 0.07Municipal Bonds (1) 4.74 4.73

    F u t u r e sCHICAGO (AP) - Futures trading on theChicago Board of Trade Tue.:W H E A T5 , 0 0 0 b u m i n i m u m ; c e n t s p e r b u s h e lO p e n H i g h L o w S e t t l e C h g .Jul 647 2/3 658 644 41 6 649% +3'346Sep656/3 668 652 2/3 658 2/3 +3 2/3Dec 671 682 666 2/3 67 1 2/3 +2Mar 683% 695 680 685 +2 2/3May 695 2/3 704 690 2/3 694 2/3 + 1 2/3J ul 700 709 41 6 696 34 6 700 34 6 + 1 2 3Sep 7106 7106 7086 7086 + 1 2 3Dec 716 34 6 724 716 716 + 1 2 3Mar 719% 725 719% 719% +1%May 719 2/3 719 2/3 7176 7176 -1%J ul 725% 725% 715% 715% -2%KANSAS CITY (AP) -Wheat futures on theKansas City Board of Trade Tue:W H E A T5 , 0 0 0 b u m i n i m u m ; c e n t s p e r b u s h e l

    O p e n H i g h L o w Se tt le C h g .Jul 678 2/3 678% 674 674 -2 , 6Sep 692 692 690 '346 690%Dec 5% 723 5% 712 2/3 +%Mar 5% 7 36 '346 5 1 3 A , 726% +May 5 1 34 , 743 5 1 34 , 734J ul 5'/8 746 5'/8 737 + 1 2/3Sep 5% 750% 5% 743% + 1 2/3Dec 6 759 2/3 6 752% + 1 2/3Mar 6 76 1 2/3 6 76 1 2/3 + 1 2/3May 6 1 /8 770 6 1 /8 770 + 1 2/3J ul 6 1 /8 778% 6 1 /8 778% + 1 2 3

    SOY BEANS : .01 to .32 lower. 14.25-14.81.Shattuck 14.25, Hooker 14.52, A lva, Buffalo,Medford, Ponca C ity 14.74, Stillwater 14.81, Gulf16.42 1/2.CORN : Mixed. 6.03-6.73.Hooker 6.03, K eyes, Manchester, Medford,Ponca City 6.73, Gulf 7.29 1/2.CANO LA (C WT) (New C rop) 21.68-22.42 cwt.:Red Rock 21.68, Dacoma, El Reno 22.08,Apache, Yukon 22.18, Enid n/a, Clyde,McWillie 22.32, Hillsdale 22.38, Bison 22.42.Grade 41, Leaf 4, Staple 34 Cotton inSouthwestern Oklahoma averaged 81.50 centsper pound.Gulf wheat bid base d on 11 percent proteinminimum

    processing time it takes tomove data through a net-work, such as how long ittakes to start downloadinga webpage or file once therequest has been sent.Lower latency helps im-prove services like mobilegaming, two-way videocalling and telemedicine,the company said.

    S T A T E L I N E . O R GThe automatic federalbudget cuts known as se-questration have cut asmuch as $139 dollars from aweekly benefits paymentthe long-term unemployedreceive in some states,

    slashing a safety net pro-gram that provides supportto hundreds of thousands ofAmericans nationwide.The across-the-boardcuts have reduced the max-imum benefit paid underthe federally funded Emer-gency Unemployment Com-pensation program by anaverage of $62, accordingto new data released by theNational Employment LawProject, which advocatesfor workers, the jobless andthe safety net in general.The average maximumweekly benefit availablenationwide to workers onthe program is $414, mean-ing the automatic cutsamount to about a 15 per-cent reduction for those onthe program, which coversAmericans who have beenunemployed for six monthsor longer. As of June, 4.4million Americans - orabout 37.3 percent of theunemployed - were out ofwork for 27 weeks orlonger, according to federaldata.The reductions vary bystate, in part based on eachstate's unemployment rate,how much the unemployedqualify for and how quicklythe state enacted the cuts.As Stateline previously re-ported, the longer a statetook to enact the cuts, the

    NEW YORK (AP) - Thestock market ended slightlylower Tuesday after reportsof intensifying political tur-moil in Egypt offset goodnews about the U.S. econo-m y.Stocks rose most of theday on positive news aboutcar sales, home prices andmanufacturing. But majorindexes turned lower after1:40 p.m. Eastern DaylightTime after news emergedthat Egypt's military haddrawn up plans to suspendthe country's constitution,dissolve its legislature andset up an interim govern-ment. Millions of protestersare demanding the ouster ofPresident Mohammed Mor-si .The price of oil climbedclose to $100 a barrel onconcern that the crisis in thelargest Arab nation coulddisrupt the flow of crudefrom the region."It's more or less Egyptunrest," said Sal Arnuk, co-founder of Themis Trading,a brokerage firm that spe-cializes in stocks. "Thesevery large protests are be-ing televised and broadcast- that's spooking people."The Standard & Poor's 500index had climbed as muchas 9 points shortly beforemidday. It then fell as muchas 8 points before closingdown 0.88 point, or 0.1 per-cent, at 1,614.08.The Dow Jones industrialaverage fell 42.55 points, or0.3 percent, to 14,932.41 TheNasdaq composite slipped1.09 points, a fraction of apercentage point, at3,433.40.Trading activity waslighter than normal, influ-enced by the upcoming July4 holiday. The stock market

    n More efficient use ofspectrum, which AT&Tsaid creates more space tocarry data traffic and serv-ices and to deliver a betternetwork experience."This is a great day forLawton," said OklahomaHouse Speaker T.W. Shan-non of Lawton. "Today's an-nouncement means we now

    steeper the reductions tobenefits, because theywould be packed into ashorter timeframe beforethe federal fiscal year endsthis fall.For example, Tennesseeimplemented the reduc-tions on March 31, whichled to a $29 - or about 11percent - cut in the maxi-mum benefit. New Jerseyand Maryland enactedthem on June 30, forcing a22 percent cut. For NewJersey, that meant $139 lessin the maximum weeklybenefit of $624. In Mary-land, a maximum benefit of$430 fell by $95.Louisiana and Nevada,the two states that have yetto implement the reduc-tions at all, face even steep-er reductions when, or if,they eventually do so.

    will close at 1 p.m. onWednesday, ahead of the In-dependence Day holiday onThursday. The market re-opens Friday.Crude oil jumped about$1 a barrel after newsemerged of the worseningpolitical situation in Egypt.Oil closed up $1.61 at $99.60a barrel in New York. It lastcrossed $100 on Sept. 14 oflast year.The market's early gainswere driven by a number ofstrong economic reports.U.S. auto sales reached7.8 million in the six monthsto June, the highest first-half total since 2007. Thathelped lift Ford's stock 44cents, or 2.8 percent, to$16.18.U.S. factory orders rosein May, helped by a thirdstraight month of strongerbusiness investment.Also, U.S. home pricesjumped 12.2 percent in Mayfrom a year earlier, themost in seven years, accord-ing to real estate dataprovider CoreLogic. The in-

    have access to the fastestwireless technology avail-able. AT&T's investment inLawton will provide ourbusinesses and our resi-dents with reliable speedsand the latest technology.""We continue to see de-mand for mobile Internetskyrocket, and our 4G LTEnetwork in Lawton re-sponds to what customerswant from their mobile ex-perience - more, faster,on the best devices," saidBryan Gonterman, presi-dent of AT&T Oklahoma.The company said it hasthe nation's largest 4G net-work, covering more than292 million people.

    In North Carolina, thestate opted out of the emer-gency unemployment pro-gram altogether rather thancutting the benefits,prompting widespreadprotests for a move that end-ed a program covering near-ly 85,000 people, accordingto the NELP figures.States have blamed de-laying the cuts on bureau-cratic difficulties, recentcuts in administrativespending and uncertainlyfrom the federal govern-ment. Advocates for the un-employed, on the otherhand, have accused statesof dragging their feet in thehope that the automatic fed-eral cuts would eventuallybe reversed. There's beenlittle talk of such a solutionon Capitol Hill as the se-quester has taken effect.

    crease suggests the housingrecovery is strengthening.When trading resumesFriday, investors will turntheir attention to a keygauge of the economy - thegovernment's monthly em-ployment report.Economists forecast thatthe U.S. economy added165,000 jobs in June, ac-cording to data compiled byFactSet. The Dow surged200 points June 7 after theLabor Department said thatU.S. employers added175,000 jobs in May. TheFederal Reserve has saidthe jobs market will be crit-ical in determining when itends its bond buying, whichhas kept interest rates lowand driven a surge in stocksthis year.Investors and traders arealso starting to think aboutcorporate earnings, whichbegin in earnest next week.While corporate profitshave reached record levels,most of the gains have comefrom cutting costs ratherthan increasing sales.

    Vis it The Lawton Const itu-t ion ' s home page at :ht tp://www.swoknews .com

    W e want to m akeyou a loan!'145 - '1,10Royal Finance580-357-9210

    Revenuecollectiondip slightlyOKLAHOMA CITY (AP)- Overall revenue collec-tions to the state treasurywere down last month about$19 millioncompared toJune 2012,but collec-

    tions for theentire fiscalyear out-paced thosefrom lastyear, Okla-homa Trea-surer KenMiller announced Tuesday.Gross receipts for themonth of June were about$976 million, a decrease ofabout 1.9 percent from June2012, according to figures re-leased by M iller's office.Bu t Miller said overall col-lections for the fiscal yearthat ended June 30 still out-paced those from the previ-ous year. Gross receipts forfiscal year 2013 totaled $11.2billion, an increase of morethan $240 million from theyear before."While our monthly num-bers are down slightly, broadindicators show there is stillreason to be optimistic aboutour state's financial course,"Miller said.Sales tax collections weredown by 1 percent in Junecompared to June 2012, butfor the year they were up bymore than 4 percent.Gross income tax collec-tions, which includes person-al and corporate taxes, to-taled $372 million in June, adecrease of 1.3 percent fromthe previous June.Overall gross productiontaxes on oil and natural gasgenerated $67.85 million inJune, an increase of morethan 14.5 percent from June2012.The figures released byMiller's office are gross re-ceipts to the state treasuryand not a reflection of howmuch revenue the state hasavailable to spend. Those fig-ures, which include collec-tions to the state's GeneralRevenue Fund, are expectedto be released next week bythe Office of Managementand Enterprise Services.For example, the grossproduction oil and gas taxfigures released by Miller's

    office don't take into accountmillions of dollars that arerebated to oil and gas pro-ducers for certain types ofdrilling.Tulsans enjoylow gas prices

    TULS A (AP) - AAA Okla-homa says Tulsans are enjoy-ing the lowest gasolineprices in the nation.The average price for self-serve regular gas was about$3.02 in Tulsa on Tuesday.AAA says that's the lowestcitywide average price of allmajor metro cities in thecountry. It says some Tulsalocations are selling the fuelfor less than $3 per gallon.Oklahoma City's averageprice for self-serve regularis about $3.24. Tuesday'sstatewide average price isabout $3.29. It has droppedeach of the last 21 days and isnow 62 cents below the 2013high.Regional supply disrup-tions in May and early Junepropelled gas prices sharplyhigher in some parts of thecountry, including Okla-homa.

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    To add a s toc k o r m utua l fun d p leas e s en d n ame an d s y mb o l to s toc k s @lawton - c on s t i tu t ion.c om .

    Gr a i ns

    I n t r o d u c i n gA T & T

    LTE

    AT & T launches newest 4G LT E service locally, area

    Stocks turn lower after E gyptpolit ical turm oil worsen s