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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Jun 16, 1972
Page
20
Rain across the Middle West weighed on futures as soybeans fell about 2 cents with soybean meal down 30 cents per ton and soybean oil down about 10 points. Wheat slipped 10 cents and corn and oats about 1 cent. Iced broilers eased around 10 points after light trading.
A dense AP report from Chicago covers futures prices across exchanges, cattle and hog markets from Omaha and Fort Worth, plus U.S. government bonds and stock indexes. It notes mixed activity with some futures up and down and cattle slaughter data from Fort Worth and Omaha, including hog and cattle quotes and weekly market outlook.
Federal State Market News Service reports a slow trade opening across the Panhandle area on Thursday with steers and heifers steady. About 1700 slaughter cattle were quoted with prices based on net weights after four percent shrink, including Choice 1150 lb steer yields around 37.00 to 34.90 for various grades and weights.
Chicago reports No 2 soft red wheat at 1.50 and No 2 hard red at 1.44 with corn No 2 yellow at 1.24. Oats No 2 heavy white 77n and soybeans around 1.71n. Prices show slow demand, mixed activity, and some regional notes on potatoes and wholesale cattle prices.
USDA Panhandle area carlot meat trade as of 2 30 pm covers Texas Panhandle Western Oklahoma and New Mexico. Steer beef steady to higher with some gains on select grades. Heifer beef slow with fewer sales. Cow beef mostly steady with occasional 50 cent declines. Dressed beef figures noted.
Fish remain the principal source of animal protein for Japan, providing an estimated 85 percent of the nation’s supply of this essential food product.
The president of Ralston Purina Co. and executives visited Clovis New Mexico to review construction of a new plant part of a $20 million expansion. The facility on seven acres along W Brady Ave will process about 60 000 tons of feed annually and employ about 20 workers at startup with planned automation.
Scott O'Dell author of The Island of the Blue Dolphins will lecture at Eastern New Mexico University June 28 30. He won the 1961 Newberry Award and Rupert Hughes Award and will be honored at a tea and reception at 3 p m June 28 in the library. Born in Los Angeles in 1903 he started as a photography and playwriting teacher and has written for newspapers and magazines.
The Justice Department will not oppose the purchase of the Herald-Traveler by the Record American and will not seek antitrust action. The sale follows the FCC revoking WHDH-TV’s license and the Herald-Traveler's reported operating losses. The Record American, owned by Hearst, plans to complete the acquisition Sunday. The department had reviewed the deal since May.
At University Park Pennsylvania State University runs a summer gardening course costing 3.25 dollars. Students such as Melvin Kulbick Michael Duffy and Masayoshi Kuwata speak of relaxing personal benefits and practical savings. Plots range 30 to 60 feet with crops including peas lettuce cucumbers and corn grown for family use and enjoyment.
In Philadelphia the Pennsylvania Committee For the Reelection of the President is recycling discarded Hubert Humphrey handouts. Volunteers plan to produce more than 10 thousand scratch pads from a quarter million sheets featuring Humphrey and his pledge to the people left behind by Humphrey volunteers.
A recount of votes from the Hale County Democratic runoff for Commissioners Court Precinct 1 is set for Saturday. Marvin Churchwell led Edgar Brown by eight votes, 819 to 811, with Brown requesting the recount after legal delays. Hale County Democratic chairman Joe H. McWilliams will supervise. Heavy interest in local and statewide races forced the use of Xeroxed ballots due to exhausted printed supplies.
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