Market News Roundup Mixed Trading and Price Moves
The market closed modestly higher amid profit taking and weak data with the Dow near 949, Woolworth up to 35 with a large block traded, Champion Home Builders at 20 1 2, and Fleetwood down to 36. The NYSE index sits at 60.59 and the Amex at 26.88 as unemployment and wholesale prices rise provide headwinds.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Dow
Woolworth
Champion Home Builders
American Stock Exchange
Mobile Home Industries
Amex
Fleetwood Enterprises
Philly to Enact Airport Use Fee
Philadelphia City Council approved a $3 fee on all passengers departing Philadelphia International Airport with Mayor Rizzo ready to sign. Those with pre existing tickets paid under the old $2 tax will not pay the extra. The measure aims to raise about $9 million yearly.
MENTIONED IN THIS ARTICLE
Philadelphia
Philadelphia International Airport
Frank Rizzo
Wheat and grain prices move on Kansas City market
Wheat quotes slid 2 to 8 cents with No 2 hard at 1 73 percent and No 3 at 1 66 to 1 86 n. Corn edged down 1 to 5 cents with No 2 white at 1 40 and No 2 yellow near 1 31. Oats rose 1 cent with No 2 white 0 74 to 0 82 and No 2 mile 2 02 to 2 16. Soybeans at 3 46 to 3 64 with sacked bran 47 75 to 48 50.
MENTIONED IN THIS ARTICLE
Kansas’ City
Kansas City Live Market Summary Early Week Cattle Hogs Lambs
Cattle 100 head noted with steers mostly 36.00 to 36.25 and heifers 35.00 to 36.00. Hogs around 2,000 head up 25 to 50 as categories firmed with 210 to 230 lb at 29.25 and 200 to 240 lb at 28.65 to 29.00. Sows steady to 25 higher with 340 to 400 lb at 24.65 to 25.50 and 400 to 600 lb 23.75 to 24.75. Sheep 25 head with prime spring lambs 30.00 to 31.50.
MENTIONED IN THIS ARTICLE
Kansas City
Million plan to fight heart and lung disease approved
Congressional conferees accepted a 1.71 billion three year program to expand research and control for heart, blood and lung diseases, and curb venereal disease, measles and tuberculosis. The package includes 1.39 billion for 15 heart and 15 lung research centers and 322.5 million for a communicable disease program with annual allocations for syphilis, gonorrhea, tuberculosis, measles, and other diseases. A 5 million emergency epidemics fund is set.
MENTIONED IN THIS ARTICLE
Senate House
Nixon
Senate
House
Parker man charged with first degree murder in youth death
Floyd Feltrop 50 of Parker faces a preliminary hearing August 11 in Mound City on a first degree murder charge regarding the shooting death of 19 year old Marvin L. Woolsey of Parker. Woolsey was shot on Parker Main Street Wednesday night with a 30 30 caliber rifle after being arraigned Thursday.
MENTIONED IN THIS ARTICLE
Mound City
Kan
Floyd Feltrop
Parker
Feltrop
Marvin L. Woolsey
DES in Livestock Feed May Be Safest Method
Iowa State University experts say adding DES to feed could be safer than implants. FDA orders immediate stop to DES as a feed additive and bans feeding DES to cattle and sheep by Jan 1 1973. Senate subcommittee urges immediate use of DES rather than delay. DES linked to cancer in tests. ISU owns the patent and has earned 2.75 million since 1954.
MENTIONED IN THIS ARTICLE
Ames
Towa
Iowa State University
Food and Drug Administration
Heef
Senate
Washington
Damp Weather Delays Douglas County Road Projects
Wet conditions slow resurfacing of K-10 between Lawrence and the county line and delay blacktopping on 31st Street from Haskell to Louisiana. County and state engineers say dry weather is needed to proceed with asphalt laydown and earthwork, with hopes to resume by Monday and finish the 31st Street work by month’s end.
MENTIONED IN THIS ARTICLE
Douglas County
Joe McCourt
Lawrence
State Highway Commission
Douglas-Johnson County
McCourt
Dean Sanderson
31St Street
Haskell Ave
Louisiana
U.S. 59
Police Officers Graduate From Accident Investigation Course
Three Lawrence Police Department officers Patrolmen Robert Fox Lloyd Jones and Wayne Othick graduated today from a two week Accident Investigation and Reporting Training Course. The course conducted by the Traffic Institute of Central Missouri State College was sponsored by Ray Orlowski director of the Kansas Highway Safety Coordinating Office.
MENTIONED IN THIS ARTICLE
Manhattan
Robert Fox
Lloyd Jones
Wayne Othick
Lawrence Police Department
Traffic Institute of
Central Missouri State College
Ray Orlowski
Kansas Highway Safety Coordinating Office
Landlord Moves as Draft Board Relocates in San Jose
In San Jose California the local draft board relocates to a building near police headquarters. Wes Martin manager of the 12 story Community Bank Building says upgrades can proceed without fear of disruption after threats and arson linked fire.
MENTIONED IN THIS ARTICLE
San Jose, Calif
Wes Martin
Community Bank
Two Trips to Mexico and Espionage Charges Faced
Maj. Joe Nunez testified at a preliminary court martial as Walter T. Perkins a 20 year Air Force veteran and top NCO at the Air Defense Weapons Center faces espionage charges Perkins allegedly planned to hand over top secret documents including a ballistic missile paper to Soviet agents at the Russian embassy in Mexico City Perkins previously made two trips to Mexico City and was arrested Oct 18 at Panama City Florida while allegedly preparing a third flight there is no direct quote from sources.
MENTIONED IN THIS ARTICLE
Tyndall Air Force Base
Fla
Air Force
M. Set
Walter T. Perkins
Mexico City
Joe Nunez
Office of Special Investigation
OST
Perkins
Air Defense Weapons Center
Panama City
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Katy
Ind
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Magnvox
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Philly
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the McLouth
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