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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Dec 19, 1972
Page
16
New York markets show heavy activity on the OTC market with Hughes Tool and PanofisaGB among top traded names. Dow Jones closes with mixed ranges across Che 30 Ind and utilities while NYSE advancers outnumber declines in a broad session.
Hogs 35 cents higher with Nees at 31.50 to 22.00. Cattle: choice steers and heifers 32.00 to 34.00. good steers and heifers 30.00 to 32.00. bulls 31.00 down. Grain prices show downward drift with mixed figures for commodities.
The Dow Jones average fell 13.99 points to 1013.25 as Viet Nam peace talks stall and reports of intensified bombing reach Wall Street. Trading volume reached 17.54 million shares with broad declines led by Leasco and Milton Bradley on the Big Board and Amex.
Chicago grain markets tumble with wheat and corn dropping up to limit on Monday as soybeans fall the 16 cent limit amid heavy selling by speculators and farms. Weather relief and Vietnam peace stalemate weigh on sentiment while traders eye CCC price actions and harvest progress.
The Muncie Livestock Co reports cattle steady with Select and Good Steers selling 35.00 to 36.00 and 29.00 to 31.00 for other grades. Hogs range 35 to 50 higher. sows and boars noted with prices. soybeans and corn futures move unevenly as markets show limit activity and declines in some grains.
Public auction of the Nora Henning estate on January 6 at 1 20 PM at 224A East Lynn Street Anderson Indiana. Real estate to be sold plus household goods. Executor Richard F Davidson and Egg M Hood handling auction duties.
U S warplanes again attack above the 20th parallel as Hanoi Haiphong bombing restrictions lift. Tass reports attacks on Hanoi suburbs and renewed mining of Haiphong harbor amid renewed military activity. Defense Secretary Laird says air operations cover North Vietnam with heavy raids, while Nixon cites a need to counter enemy buildup. White House stresses no link to peace talks.
The piece notes both sides proposing limited cease fires while rejecting indefinite peace terms. Hanoi demands U.S. signs a comprehensive agreement before real cease-fire. U.S. and North Vietnam trade accusations over draft accord changes and bombing near the DMZ amid heavy combat and declining American troop levels.
A broad range of listed stocks on the American Stock Exchange shows varied activity with many prices fluctuating. Companies such as Austral Oil, Buttes Gas, CrownC pet, Ford Can, Harrahs, KaiserInd and Telepromp report notable movements amid turnover and sector shifts.
HAL REDDICK and W H HIGHSMITH advertise new homes under the Quality New Homes banner. The notices list contact numbers 643 6515 and 644 1217 for details on models, prices, and locations.
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