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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 27, 1973
Page
14
Financial market briefing notes gains across major indices with notable advances in technology and industrials. The NYSE composite and Dow show uplift as copper and steel stocks edge up while trading ranges remain mixed and volatile amid uncertain sentiment.
AP dispatch reports a broad commodity slump with price declines across corn soybeans and oats. Grain futures closed weaker with September contracts down 9 to 10 cents a bushel and soybeans off about 40 cents a bushel amid selling pressure and mixed market signals.
Livestock and produce market details show prices for butchers, sows, and hogs with variations by weight. Descriptions mention beef and hog pricing, market trends, and regional quotes from Des Moines and Western cities, highlighting steady to up changes and delivery notes.
Washington AP report states Litton Industries seeks an additional 77 million dollars from the Navy for the shipyard of the future program at Litton’s yard in Pascagoula Mississippi. Rep. Asply says the cost escalation may lift the total to around 476 million with potential further requests. Ailkin notes early construction and warns about rapid bill increases in the program.
In Narayanganj a gang disguised as police abducted nine political workers during a busy jute market day near a Narayanganj market hub. Officials report ongoing violence with hundreds of supporters harassed as police reinforce actions amid a wave of lawlessness. Old remarks from retired Adm Burke surfaced about a treaty.
In Belfast three police suspects, Raval Ald Sei, Tony McGrady, and McDonald, were found after an explosion. Police blamed Protestant extremists for shootings and a car bomb outside a Catholic church, raising Northern Ireland’s fatality toll to 677 in four years of sectarian warfare.
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