Market Prices For Grain Futures This Morning
Wheat 3.95, corn 2.50, oats 1.26, mile 4.44. Soybeans no market listed this session.
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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Aug 16, 1973
Page
14
Wheat 3.95, corn 2.50, oats 1.26, mile 4.44. Soybeans no market listed this session.
Wholesale eggs show large grade an 80 percent yield at 65 to 75 cents per dozen. Medium grade eggs fetch 59 to 70 cents per dozen at the Kansas City market.
New York stock market opened with solid gains as traders welcomed favorable balance-of-payments figures and a stronger dollar. Analysts cited technical factors for the early rise, and said President Nixon's Watergate remarks did not influence the move. The Dow Jones industrial average stood at 877.41, up 3.24, after earlier trading strength.
The U S dollar surged to two month highs across Europe as investors cited a stronger U S balance of payments. It traded at 2 4440 pounds in London, 2 5080 marks in Frankfurt, 3 0700 Swiss francs in Zurich, and 4 375 French francs in Paris. Gold rose with London fixing at 96 dollars an ounce.
Area motel owners along Interstate 70 and in Denver Colorado Springs and Lawrence report sharp business declines due to real and feared gasoline shortages. Stations in Western Kansas advertise no shortage and claim 24 7 operations, while others face closures and reduced hours hurting service stations and allied businesses.
The city of Lawrence filed a brief in Division II of the Douglas County District Court arguing that firemen and policemen pay scales are an administrative item not subject to referendum. An agreement says the case hinges on whether equal pay is an administrative or legislative topic. About 3,400 petition signatures supported a referendum.
New students must contact their school heads for enrollment in the fall. Parents should call the school administration center with questions about which school their child will attend. Elementary, secondary, and high school students have designated contacts and enrollment steps including immunization and birth certificates. Enrollments for new elementary students occur Friday with kindergarten age rules and required health records.
Kansas local units will receive 1.25 million more in federal revenue sharing for fiscal year 1974, totaling 59.6 million in four quarterly payments starting in October. The state gains 77,540 more to 19.78 million. Recomputations based on actual figures reduce payments to 118 units, notably Ottawa and Larned, while Wichita and several cities and counties gain sizable increases.
Oklahoma City AP report quotes Richard Bell deputy assistant secretary of agriculture urging Oklahoma wheat growers to plant aggressively in 1974-75. He notes world markets are open, currency value gains boost U.S. exports, and the new farm act guarantees price support with production payments if prices fall, predicting record income for American wheat growers.
Gen Omar N. Bradley, the nation’s only five star general, underwent emergency surgery at UCLA Medical Center to insert a sieve like device to prevent blood clots from reaching the lungs. His wife Kitty issued a statement saying the general has survived and the prognosis is hopeful while doctors noted recurring clots despite heparin treatment.
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