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Newspaper
Austin Daily Herald
Location
Austin, Minnesota, United States of America
Date
Jun 23, 1973
Page
3
USDA economists report a 3 percent drop in the spring Corn Belt pig crop from 1972. Severe winter weather and higher feed costs reduce litter sizes and shift producers to hold the line, revising earlier forecasts of rising output for 1973.
The SEC accuses Merrill Lynch and two research officials plus 47 brokers of issuing optimistic reports on Scientific Control Corp of Dallas without adequate analysis. About 4,000 customers bought over 400,000 shares in 1968 69 totaling 12 to 15 million dollars before the firm filed for bankruptcy.
Minnesota travelers show little worry over potential fuel limits as the Minnesota State Automobile Association notes increased routing requests and many stations cutting hours or limiting sales. Holiday Station Stores will halt gasoline sales Sunday with 11 am to 7 pm hours and 10 gallon per customer limits continue at 200 outlets.
Burr Oak Manor reports three new residents including Anna Turner from Austin and relations of Ruth Spencer and LeRoy Lau. A Church of Christ worship, birthday observances for Margaret Murphy and Eda Smith, and several visits occurred. Activities include Bible study, bingo, a coffee party, a bird bath installation, and hospital/clinic updates.
Duluth and Ashland reports tie to EPA findings of asbestos-like fibers in Lake Superior water drawn from Silver Bay tailings. MPCA and EPA move to curb tailings while Reserve plans a phased shutdown for maintenance. Judge Lord urged no public statements as talks continue.
Fergus Falls will lose nearly 100 jobs as Metro Meat Packing Co shuts its Fergus Falls plant after 40 layoffs, with another 50 to follow. President George Heimel cites price freezes and losses on hogs, noting the plant processed about 1,600 hogs weekly and that related operations in Long Prairie and Minneapolis-St Paul cold storage remain active.
The British Aircraft Corp. says development of the British French Concorde supersonic jetliner will continue despite rising costs and only nine firm orders. Total development costs have increased to 2.6 billion dollars with additions from wage and price rises currency exchange changes and revised certification data disclosed by Aerospace Minister Michael Heseltine to the House of Commons.
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