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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Sep 12, 1973
Page
15
NYSE closing range shows Industrials Transports Utilities and broad stock activity with values, highs and lows. AUPI style summary lists dozens of stocks with last prices changes and dividend notes.
Market notes cattle calves sheep and lambs sold on Thursdays. Hogs quoted around 1.75 to 1.83 per pound with weights 210 to 260 pounds. 240 to 260 lambs and 400 up cull prices listed. Cattle Good Choice Heifers and cows quoted with varied ranges. slaughter sheep and lambs priced per typical regional standards.
Markets at a glance show mixed close with stocks lower in slow trading and bonds higher. Chicago grain futures mostly down, wheat up 1.74, corn up 0.34, oats up 0.10, soybeans down 0.20. Cattle trading mostly steady with rare declines, top at 50.25.
Chicago grain prices surged with wheat up 17 to 20 cents, corn 3 to 4 cents, and oats 2 to 4 cents. Soybeans varied. Trade in corn soybeans and oats was quiet as markets awaited the USDA crop report. Outside markets also rose.
The Agriculture Department said the 1974 corn crop will reach 5.768 billion bushels, up 4 percent from last year and 2 percent above August forecasts, with wheat at a record 1.727 billion bushels and other grains also setting harvest records amid tight supplies and strong export demand.
A dense list of mutual funds and stock quotes from KEYSTONE NASD and various fund families. It includes bid and ask ranges for funds such as AXE, Dreyfus, Fidelity, Putnam, and Vanguard, with figures for Cust B1 to Cust S2, along with sector notes on equities, bonds, and index funds. Some entries show performance across growth, income, and specialty funds, while others include fund concentrations and price rows.
The all male Grand Council of San Marino approved a law ending some restrictions on women allowing them to hold public office and enter binding legal and financial commitments. The measure, adopted 28 to 1 with abstentions, takes effect October 1 and follows a 15 year campaign led by Clara Boscaglia. The law also removes prior limits on women controlling property and undertaking financial obligations, though other gender inequalities in family law persist.
The New York stock market fell for a second straight session as profit taking eroded recent gains. Dow averaged 885.76, down 5.57, amid fears of a credit crunch and inflation after August wholesale prices rose. NYSE volume 12.69 million. 926 decliners, 479 advancers. IBM tumbled 7 percent to 286. NASDAQ slipped to 55.77. McCulloch Oil led Amex volume with a drop to 5.
Wheat futures rose the limit of 20 cents a bushel on the Chicago Board of Trade. Corn and oats also advanced while soybeans oil and meat mostly dipped. Pork belly futures declined amid consumer resistance to higher bacon prices. live cattle and hogs closed mixed after early declines. shell eggs eased about 200 points.
Indiana Gas Company Inc. announced Tuesday an agreement to purchase for 20 500 000 in cash all outstanding common stock of Central Indiana Gas Company Inc. Central Indiana Gas is a wholly owned subsidiary of American Natural Gas Company. The deal requires SEC and Indiana PSC approval. Indiana Gas serves about 180 000 customers in north central, central and southern Indiana. Central Indiana Gas serves about 100 000 customers in east central Indiana.
In Indianapolis the hogs total 2,100 head with barrows and gilts down 2.50 to 3.00, mixed weights noted at 44.00 to 45.00 per hundredweight for lighter lots. Cattle and calves around 600 head show slow trading, slaughter steers and heifers mostly steady with some 50 higher, cows steady, with various weight classes quoted from 41.00 to 49.50 per hundredweight. Sheep about 550 head with slaughter lambs 50 to 1.00 lower and ewes steady, prices ranging 33.00 to 36.00 for spring and prime lots.
Pedro Lucas Pena told police he was taken by a taxi in Córdoba to an unfamiliar route where the driver robbed him of 118 dollars and abandoned him on a street corner. A few minutes later the driver returned and took Pena's clothes, leaving him in his underwear.
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