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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Sep 09, 1972
Page
12
Select stock listings show mixed closes with Walton and IBM extracting gains while sectors from consumer goods to tech display varied moves. Notable shifts appear in Nabisco and Xerox alongside utilities and airlines amid dividend notes and market breadth.
Wheat rose lightly on export news while corn and soybeans fell as harvest risks and poor growing conditions weighed. Traders noted weather disruptions and profit taking after prior declines, with nearby September term gains offset by broader buys in limited trade and tepid export demand.
New York stocks tried to snap from doldrums Friday as prime-rate hikes by Mellon National and First National City press markets lower. The Dow fell 1.21 to 961.24 with 764 decliners to 598 advancers on 1,754 issues traded. volume reached 10.98 million shares. Major movers included Armstrong Cork down after a large morning block, AT&T up on profit expectations, and GM tied to Wankel engine progress. The NYSE composite eased to 60.53 and the Averages Index fell 0.09 points.
Emge's livestock market shows hogs 28.25 to 28.75 per cwt for 240 to 260 pounds, with 25.50 and down for feeder cattle. Steers and heifers traded 31.00 to 35.00, with churned prices around 32.00 and down. Grain prices noted at 3.15 and related figures.
Prices for sheep cattle hogs and lambs at Marhoefer's Muncie livestock yard. Slaughter sheep steady 3.00 to 6.00. Hogs 25e lower with various weight ranges. cattle steady with ranges for choice steers good steers and heifers. Lambs steady with spring lambs 85 to 105 pounds at 26.00 to 28.00. Market operates Thursdays for calves sheep and lambs.
Indianapolis market report shows 3,600 hogs with uneven weights and trading slow. Hogs 200-300 lb mostly 28.00 to 30.00, sows 26.00 to 27.60, cattle and calves largely unsold before arrival, sheep too few to test.
CHICAGO AP The dramatic advance of wheat futures near 50 cents a bushel in seven weeks was blunted this past week on the Chicago Board of Trade. For the first time since July 17 weekly moves declined as Friday closed with wheat futures 1% to 2% cents lower, September at 1.92%. Corn rose 4 to 2% cents, September 1.36, oats fell 1 to 2% cents, September .78% and soybeans fell 2% to 3% cents, September 3.46. The week saw profit taking with no other reason. A Canadian report of lower wheat production gave late buying interest. Despite the week, new contract highs were set for grain.
Selected stocks trade on the American Stock Exchange with mixed results. Aerojet, Dyn, Shattuck, Syntex, Technici, Univ Cont and others show varied percentages, with several entries near mid single digits and some double digits reflecting price changes and last trade figures.
UPI reports a quiet Friday close with U.S. government bonds down and American stocks lower. London stocks also lower while cotton futures weaken. grain futures show wheat up and corn and soybeans mixed. Cattle steady to up to 50 cents, top $37.65, as index readings and Dow averages fluctuate through the session.
Anderson College announces a fall program of adult education with 10 courses, five in partnership with IUPUI. Highlights include Parent Effectiveness Training led by Kenneth G. Prunty and Methods for Christian Education of Children with Sherril D. Hayes. Classes run evenings in Decker Hall and School of Theology, starting Oct and Nov, with registrations open.
The Anderson police board discussed buying a new police vehicle and moving the police laboratory to free space. Detective Pat Monaghan was promoted to Detective Sergeant to fill a vacancy. Four prospective policemen were introduced: Larry E. Johnson Cecil C. Carmichael III Mark Yeskie and Larry Burns. They must complete the state law enforcement program before hiring. A 1973 auto purchase was authorized with budget notes of over $30,000 for 1970 and $17,000 for 1971 and 1972.
A sequence of 911 style dispatches lists incidents at locations including Meridian Pendleton Ave and W. 16th St with victims aged 18 to 88. Calls report injuries illnesses accidents and or deaths with multiple hospitalizations and on duty officers noted at several scenes.
Alfred Nobel devised smokeless powder, a unique military invention that combined gunpowder and nitroglycerin. This chemistry milestone marked his only pure military creation, contrasting with his later fame for dynamite.
Auction set for Nov 30 will sell the Central and Southern Peru rail lines totaling 778 miles with 46 diesel locomotives and rolling stock, plus five high altitude ferries. The sale includes Lake Titicaca ferries and highlights Peru’s rail system once state run through Peruvian Industrial Bank debt recovery actions. The lines connect Lima El Callao to La Oroya and Huancayo with 66 tunnels, 59 bridges, and the famed Galera station at 15681 feet. Rode by oxygen nurses for passengers, the operation balances mineral transport with a history of debt, earthquakes, and challenging maintenance.
A compilation of public and private auctions on Saturday September 9 featuring for sale items from furniture and antiques to livestock and machinery. Listings include participants Mrs Alfred Wagner Mrs Lambertson Herman Sizelove Ila Hoover Settles and Roberts L Miller Isebards M L Ilson and others with locations in Alexandria Greenfield Pendleton Lapel Gaston Anderson and surrounding areas, hosted by multiple auctioneers.
Joseph Lazzaro 79 from Lyndhurst Ohio runs a lovebird nest for about 100 wild parakeets in St Petersburg Fila. He provides free housing three meals a day and bourbon when they are sick. He started two years ago after placing a cage with store bought parakeets in his yard. Within a month more wild parakeets arrived, believed to be offspring from animal importations.
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