Markets slide as dollar weakness hits stocks and cattle bids
New York shares fell with the Dow Jones average down about 8 points while losers led gainers on the Exchange. Cattle futures show scarce slaughter steers and mixed feeder prices. hogs rose modestly with active demand at National Stockyards. Outputs include varied quotes for slaughter cows, feeders, sows, and bulls across Kansas City and National Stockyards markets.
MENTIONED IN THIS ARTICLE
NEW York
Dan Jones
New York Stock Exchange
Ill
Markets Mixed As Takenover Talk Moult Driifts
Monday's trading on Wall Street featured a generally lower market with takeovers drawing the most action. The Dow fell 2.95 to 825.03 while the NYSE composite slid to 52.42 and volume eased to 19.16 million shares. United Technologies and McDermott were active players as McDermott jumped to 56.44 after United expressed interest and later clarified no formal offer. United rose to 36 while Babcock slipped to 57.3. The American Stock Exchange value index dipped to 125.29 and the NASDAQ edged up 0.5 to 104.15 with 8.76 million NASD shares traded.
MENTIONED IN THIS ARTICLE
NEW York
Dow Jones
Uechines
New York Stock Exchange
NYSE
Wall Street
J. Ray McDermott
McDermott
United Technologies
U.nited
United
Babcock & Wilcox
Babcock
American Stock Exchange
Market in Brief handles trading rules in Weetay
The WY Stock Exchange publishes consolidated trading notes as committee members object to insulation standards. The PSC applies to homes served by utilities, with Mission itself regulating some aspects. This brief outlines tensions over regulatory reach and market implications.
MENTIONED IN THIS ARTICLE
WY Stock Exchange
Weetay
Ore
PSC
Com
Drugs Stolen From Tolson Drug Store Burglary
Karl Mertens, Tolson Drug Store manager, found a burglary at 7:15 a.m. at 226 East High Street. A glass rear door was broken between 9:25 p.m. Monday and 7:15 a.m. today to access the business. The pharmacy area was disturbed and prescription narcotics worth 300 dollars were taken from two shelves in a cabinet. Damage to the glass door is about 75 dollars.
MENTIONED IN THIS ARTICLE
Tolson Drug Store
E. High St
Karl Mertens
Central Missouri Braces for Snow and Cold
Snow and bitterly cold air sweep into Missouri with seven inches reported in parts and most areas around three inches. Northern winds 15 to 30 mph drive frigid temps from near zero in the northeast to the upper teens in the southeast with more snow possible through Thursday and Friday.
MENTIONED IN THIS ARTICLE
Missouri
Jefferson City Weather Summary Shows Record Rain and Cold Hoping
Readings show yesterday high 33 and 59 year records with 73 in 19S and 3 for 59 years past. U S Weather Bureau logs 0.36 inches in past 24 hours ending noon, heaviest rain 0.96 inches in 1936. Month total 1.37, year to date 40.06. Sun sets 4.47, sunrise 7.13 tomorrow. River stages include Jefferson City 8.1, Kansas City 2.0, Boonville 6.7, Hermann 58.9. Missouri extended outlook calls for snow chance Thursday into Friday, mostly sunny Saturday, lows near 5 north to around 20 south, highs teens to around 20s.
MENTIONED IN THIS ARTICLE
U.S. Weather Bureau
Missouri
The
Associated Press
Albany
Amarilla
Anchorage
Asheville
Avanta
Edy
Baltimore
Birmingham
Bismarck
Buise
Boston
Brownsville
Ed Buffalo
Chanstn SC
Clr
Charistn
W &l
San Fran
Seattle
Insulation standards aim clash with PSC authority
A Missouri joint legislative panel backs legislation to bar the Public Service Commission from setting insulation standards for homes served by regulated utilities. Chairman Rep. Richard DeCoster and Sen. Paul Bradshaw say the legislature did not intend PSC rules to regulate home construction, despite a prior session bill suggesting otherwise.
MENTIONED IN THIS ARTICLE
Missouri Public Service Commission
Joint Committee On Administrative Rules
PSC
Public Service Commission
Richard DeCoster
Dcanton
DeCoster
Paul Bradshaw
Springfield
Nationwide UMW strike halts half of US coal output
The United Mine Workers union pressed wage, health, pension gains and a right to strike prompting a strike that idled 1,800 mines. Talks with the Bituminous Coal Operators Association recessed, dashing hopes to avert nationwide walkout. The same day a severe storm claimed at least 11 lives across three states and threatened more snow.
MENTIONED IN THIS ARTICLE
United Mine Workers Union
UMW
Bituminous Coal Operators Association
Washington
Teasdale schedules seventh public governors forum
Gov Teasdale announces seventh Meet With the Governor forum set for December 15 at Missouri Western State College in St Joseph. An earlier 4 p m shirt sleeve session with Northwest Missouri newsmen will precede the public meeting at Northwest Missouri State University in Maryville.
MENTIONED IN THIS ARTICLE
Governor’ Public Forum
Missouri Western State College
St. Joseph
Joseph Teasdale
Northwest
Missouri
Northwest Missouri State University
Maryville
Ichord Will Not Debate Meyer In 1978 Run
Congressman Richard Ichord refuses to debate Republican challenger Don Meyer who has launched a series of debates ahead of the 1978 election. Ichord says Meyer should wait until after filing closes in April 1978 and accuses him of a smear campaign with half truths. Meyer, a Franklin County agribusinessman, is the only Republican filed for the 8th District seat. Ichord denounces Meyer's attacks and says he will not dignify a candidate who relies on alleged demerits of the incumbent. In related notes, Melvin Kroupa of 102 Monroe St. was bound over for trial on attempting to procure a controlled substance, connected to a Nov. 5 incident. Bobby Griffith’s related charge was dismissed.
MENTIONED IN THIS ARTICLE
Richard Richord
Don Meyer
Ichord
Meyer
Schord
Franklin County
Ichard
Sun Yung Moon
Unification Church
Washington, D.C
Kroupa
Melvin Charles Kroupa
Monroe St
Cole County
Fercial
Bobby T. Griffith
Griffith
Television Tonight Listing With Classic Nightline Mix
A dense TV schedule lists primetime lineups from 6:30 to past midnight featuring Candid Camera Hogan's Heroes and Muppets at various stations. It includes genre shows, specials, news segments, and movies such as Houston We've Got a Problem Quiller Price of Violence The Wild One Party Girl Random Harvest plus late night news and Tonight Show. The listing cites national and local programs with channel notes and a printer's stamp from the Jefferson City News Tribune.
MENTIONED IN THIS ARTICLE
Houston
Medical Center
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Beltone Electronics
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Missouri Electric Cooperative
E. McCarty St
Ban Adams
PRES
John Moats
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