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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jun 17, 1970
Page
8
Indianapolis and Chicago reports show cattle prices steady with varied grades and weights across slaughter classes. Hogs largely uneven with slight gains in higher grades. market activity described as slow to moderately active and prices mixed by weight and quality.
The biomedical electronics field is seen as promising with high growth projections for 1975 and beyond, but faces government regulation and reduced research funding. BioDynamics shows internal struggles and a 30 percent earnings drop, suggesting caution, while Damon Corp. is recommended for a more stable, diversified play in education electronics and medical services with ongoing growth and strategic acquisitions.
The U S stock market closed up as the Dow Jones averaged 706.26, with gains led by industrials and a broader rise in shares. Trading volume was light at about 6.93 million shares, while the market waited on the White House economic policy signals and President Nixon’s address to the nation.
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