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Newspaper
Greeley Daily Tribune
Location
Greeley, Colorado, United States of America
Date
Jun 22, 1971
Page
4
Chicago futures rose as heavy buying spurred short covering in corn and beans. Wheat and soybeans advanced, oats gained, with a blight infestation noted but not boosting enthusiasm. Nearby livestock values and cattle and hog quotes reflected firmer trade across major U S markets.
In Vietnam, North Vietnamese forces shelled a beleaguered Firebase Fuller near the DMZ while U S B52s and aircraft attacked invaders. Elsewhere, Cambodian troops pressing toward the Vihear Suor marshes faced slow progress amid strong resistance. Two U S planes and four crewmen were lost in Tonkin Gulf incidents.
NEW YORK AP stocks fell sharply for the second straight session as Dow Jones industrials dropped 12.67 points amid fears of higher interest rates and a larger correction. Volume on the NYSE totaled 16.49 million shares, with the Dow, S&P and rails all lower.
Wheat No offer 1.83.34, No 2 hard red 1.64. Corn No 2 yellow sun. Oats No 2 extra heavy 76m. Soybeans No 1 yellow 0.25. Soybean oil 13.70.
A firm trading trend emerged on Wall Street at midsession with the Dow Jones up modestly and blue chips showing strength. Analysts cited May inflation and rate hikes weighing on sentiment as IBM Polaroid Control Data Xerox and General Telephone traded with varied results.
In Grand Teton National Park three climbers from Idaho Falls drowned after sliding into a 35 foot deep snow hole on Symmetry Spire. Robert Neal 28 Louis Ybarrondo 9 and Wayne Creek 46 died during descent as Deal led the party.
AP News analyst notes a New York report critiquing First National City Bank's role in aligning profits with ethics. The piece discusses consumer trust, corporate responsibility, and the tension between sound business and moral considerations in lending and asset management. It highlights the rising consumer movement shaping public opinion on corporate conduct.
Drs Joseph L Haefell and Mary Lou Freitag of Greeley attended the 20th annual meeting of the Colorado Optometric Association in Denver. The Cosmopolitan Hotel hosted the event from Friday through Sunday, June 11 to 19, with three days of lectures workshops and business meetings.
Pilots and air traffic controllers urge the FAA to set a 288 mph limit for aircraft flown by sight rather than radar. The push follows a Marine Phantom collision during a visual approach vs a radar controlled airliner. ALPA and PATCO seek transponders and enhanced proximity warning systems for all aircraft above 10,000 feet.
A compiled list shows numerous defendants across cities with charges including careless driving speeding stop for school bus lights and drunk and disorderly conduct. Fines range from 0 to 40 with multiple entries for addresses in Lasalle Windsor Penver and El Monte among others.
The House passed a measure to authorize federal reimbursements to local governments for policing national forests. The 360 to 2 vote sends the bill to the Senate and outlines cooperative agreements with agencies such as Alpine County California, where temporary population boosts draw over a million visitors in summer. The Agriculture Department estimates reimbursements totaling about 4.7 million dollars next year, rising to 9.5 million in following years.
Nesbitt, 63, of Buchanan Dam Texas, drowned while fishing in Vallecito Reservoir near Vallecito, La Plata County, Colo. A fisherman saw him standing in his boat then fall into the water. He swam briefly, disappeared, and the body was recovered later.
European foreign ministers draft a five year duty free New Zealand dairy import plan for Britain under the Common Market. A sliding scale would cut current subsidies as 1978 nears, with Britain paying an estimated 6 to 8 percent of the budget initially. Prince Philip provoked controversy with a sharp remark in Edinburgh over farm policy.
Airlines push cheaper tickets to meet youth demand as older travelers face subsidies. Critics warn age pricing amounts to discrimination, arguing that pricing based on age mirrors prejudiced practices and could harm fairness in air travel.
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