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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 27, 1968
Page
9
Wholesale eggs show mixed quotes with Large 80 percent A 45 48 and mediums 80 percent A 42 46. Prices listed include Wheat 1.27, Yellow Corn 1.04, Milo 1.58, Beans 2.38, Oats 77, with grade A 1b quotations and quarters at 80.
Cattle 200 head with no calves. Hog offerings 4 500 with barrows and gilts 79 to 1.25 lower. 1-2 220 lb at 20.25, 1-3 200-230 lb at 19.50-20.00, 2-4 230-250 lb at 19.25-19.75, 3-4 250-270 lb 18.50-19.25, 3-4 270-300 lb 17.00-18.50. Sows 25 lower, 1-3 330-400 lb 15.00-16.00, 2-3 400-600 lb 14.50-15.00. Sheep 100 head, top prices 25.75 for choice and prime lambs with No 1 pelts.
Wheat and corn prices show modest declines and varied deltas in Kansas City grain quotes. Prices for No 2 hard and dark hard, No 2 white corn, and oats shift within narrow ranges while soybeans rise slightly on nearby contracts.
The market drifted lower after an early rally, with losses outnumbering gains late in the session. A brief technical rebound from six days of decline faded as traders held back, leaving most names down and only a few notable gainers in the final hours.
Trading slowed to the dullest pace since September as Christmas volume limited activity. The Dow rose 1.93 to 954.25, the AP 60-stock average up 0.5 to 360.0, and the S&P 500 advanced 0.11 to 105.15. NYSE volume 9.67 million, with 1,566 issues, 659 up and 659 down. American Exchange volume 7.14 million, index up 9 cents to 33.06.
The Kansas traffic death log reports 42 for December 1968 six hundred thirty three total for the year to date while noting 1967's comparable period at 657. The Verrazano Narrows Bridge in New York City is cited as the world’s longest suspension bridge at 4260 feet.
In the third week of December the Hong Kong flu caused wider illness in 33 states with pneumonia influenza deaths more than doubling in 122 cities. The NCDC cautions against rigid interpretation of sampling figures as deaths rise toward an expected peak in January.
NYC easing flu fuel crisis but state of peril remains. Acting Mayor Costello notes progress while health chief O Rourke reports 3 heat related deaths and 2,400 expected deaths this week amid 28,000 heated homes without heat. Fuel delays persist despite 100 depots ordered to prioritize health emergencies.
Agriculture Secretary Orville Freeman announced that next year’s federal acreage control and price support program for livestock feed grains will be nearly unchanged from 1968. The voluntary program pays price supports and benefits for retiring about 38 million acres, up from 32.4 million last year, with minimum diversions for corn sorghum and barley and unchanged loan rates. Price supports for 1969 cover corn 30 cents a bushel sorghum 58 cents per hundredweight barley 20 cents per bushel. In 1967 bank robberies totaled 1,318, far higher than 600 in 1932.
New York American and Mid West Stock Exchanges and the over the counter market will start a five day week again from January 2 with trading hours shortened to 9 am to 1 pm Lawrence time. The change ends Wednesday closings though paperwork overload remains a concern for brokers.
A Danish structure named Storstrommen Bridge is reported as the longest over water bridge in Europe with a length of 10 567 feet. The span connects regions across the water and highlights Denmark's engineering achievement in modern bridge building.
President elect Nixon's pick for transportation secretary John A. Volpe says highways alone cannot solve urban congestion. He urges emphasis on rapid transit where feasible and notes some cities may require plans that avoid tearing neighborhoods apart.
John Higgins, a Pueblo crewman held in North Korea after the 1968 seizure, shed about 70 pounds on a low fat diet. He described meals in captivity at Pyongyang and Ascom City, noting most captives lost weight while he gained five pounds in five days after reaching a South Korean hospital. He criticized the Korean cooks for boiling turnips and lacking variety.
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