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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Aug 13, 1968
Page
15
Quotations show wheat down 3.3 cents a bushel with September at 1 7 4 and corn off about 1 4 cents. Soybeans slipped about 2% with September futures near 56 2/3 and oats steady overall amid modest market shifts.
The piece warns U S employers covered by the Civil Rights Act of 1964 to answer questions on minority hiring and advancement practices. It notes the 1968 election campaign and EEOC’s shift toward subtle discrimination, with coverage extending on July 1.
The Research Institute of America outlines steps for all employers to comply with Title VII during tougher enforcement. Emphasize active recruitment of Negro applicants from Negro colleges and urban sources, screen in applicants, avoid high unnecessary education requirements, promote capable Negro employees, and inform trainees about local opportunities. The EEOC will tighten enforcement, and bias scrutiny rises as the 1968 campaign looms.
New York stocks rose sharply on Monday with the Dow up 11.37 to 881.02 as traders cited a strong technical base and rising institutional activity. Mobil Oil led the list with a 44 cent gain on 234,500 shares, Occidental Petroleum rose on a 60,000 share block, and Gulf Oil advanced helped by substantial turnover.
Los Angeles area reports a mixed week with slaughter steers largely steady. Supplies remain small, with 2,000 head described and weights around 900 to 1,100 pounds. Prices quoted for various weights show 27.00 to 28.00 in many lots and 43.65 to 44.60 for live-weight ranges. heifers and other cattle show varied figures.
Los Angeles citrus market shows steady prices across oranges and grapefruit. Arizona white and reds range for various sizes with bids from 2.75 to 5.75 per unit, while California Valencia categories list multiple grades and sizes from 3.50 to 5.50, plus smaller film bag yields. Sunkist auction prices for representative orange sizes indicate mixed activity with limited alternative data.
The report lists egg and poultry pricing for various packaging and delivery stages. Retail cartons show ranges for sizes Large AA to Small AA, while live poultry pricing notes roaster volumes and weighted averages for egg-type hens both at the plant and at the ranch.
A full page advertisement in this week's TIME Magazine spotlights a California company claiming to put investors first. The ad emphasizes shareholder value and loyalty, presenting the firm as a trusted, long term partner for capital allocation.
Los Angeles school officials start a program to ensure a positive climate for the voluntary busing plan starting in September. Superintendent Jack P. Crowther says meetings with parents and community members at sending and receiving schools will engage all parties and promote a quality education by moving minority students from crowded schools to underutilized ones.
Market reports show gains in New York stocks amid moderately active trading. Cotton prices and commodities show mixed moves with some gains and steadier paying levels across sectors.
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