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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 18, 1971
Page
14
The Dow Jones average fell sharply as industrials slid about 15 points amid renewed fears over rates and a nationwide rail strike. Trading volume was high with 1 million shares, as 1,276 stocks declined and rails and auto sectors led losses.
On the Big Board there were 19 blocks of 10 000 shares or fewer, versus 141 on Friday. The largest block was 288.70 shares of Central & South West Corp. The report notes a record 55 billion dollar balance of payments deficit in the first quarter, weighing on investor sentiment.
Market notes show hogs higher with various weight classes quoted. cattle steady with steers and heifers holding around 27.50 to 32.00 for top grades and cows around 20.00. Lambs steady near 28.00 to 33.00. stock exchange activity reflected slight declines and mixed moves. Legal notices appear in the same column, including a public publication of a sale date and auction details.
The text discusses investing in publishing and technology and describes profits, licensing, and acquisitions in 1971. It weighs long term growth in media with Sesame Street licensing, Plessey and GE prospects, aerospace demand, and tax considerations. It advises aligning goals with moderate growth and inflation protection, noting risk from aerospace cuts and splits.
Hillside Nursery of Dublin Indiana announces its annual spring sale of evergreen shrubs and shade trees at Middletown Sale Barn on Tuesday May 18 at 7 PM. Featuring spruce yews junipers arborvitae dogwood redbud flowering shrubs and grape vines. Stock freshly dug state inspected and grown by Hillside Nursery owner Mr Carter will attend to answer questions and assist with landscape planning. Tom Accident
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