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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 11, 1973
Page
11
Prices jump in early trading after the administration unveils Phase 3. The Dow Jones average climbs 10.91 points to 1056.97 at 2 p.m. with heavy turnover and more advances than declines on the NYSE. Analyst Bradbury K Thurlow expects higher profit margins amid the rally.
Kansas City cattle and calves at 5 500 head with feeder bids showing moderate supply rise. Feeder steers and calves range from 38.50 to 60.00 per cwt across weight categories, while feeder heifers and calves fetch 36.00 to 47.10 per cwt. Hogs at 3 200 head show barrows and gilts 50 to 1.00 lower in lighter weights, with 350 to 600 lb sows at 25.50 to 26.25 per cwt. overall activity mixed and price shifts modest.
Live beef futures on the Chicago Mercantile Exchange reached historic highs with contracts for February, April, June and August advancing about 25 cents per hundredweight from Tuesday. Prices topped at February 42.27, April 42.10, June 42.10 and August 40.85, driven by higher feed grain costs and strong demand amid limited supply.
Lawrence based law enforcement joined with Northeast Kansas groups for a three minute radio silence at noon to honor six people killed and 17 wounded in New Orleans. The Lawrence Police Department Douglas County Sheriff and Kansas University Security Division stilled radios to pay tribute to three private citizens and three police officers.
Firemen estimate $5 damage from a blaze at the residence of Claud Wick 444 Locust. A chair placed too close to a gas heater started the fire at 10:04 p.m. Wednesday, but the chair was moved from the home before firefighters arrived.
Douglas County Sheriff Rex Johnson said a truck reported stolen Nov 4 south of Eudora was recovered in Topeka. Darrell L. Schirlis and Katherine Schirlis, both of Topeka, were identified as suspects on theft charges and face further counts there.
Kansas highway death log reports 1 fatality in 24 hours to 9 am Thursday. For January, 7 deaths. for 1973, 7 deaths. Comparable 1972 period records 18 deaths.
In Kansas the number of student legislators has grown to eight in the House and one in the Senate, while lawyers declined to 23 statewide. Agriculture remains a major occupation, with 12 in the Senate and 29 in the House, and 15 new senators along with 42 new House members.
U S air forces press heavy bombing on North Vietnam below the 20th parallel with 144 fighter-bomber strikes and 42 B52 sorties totaling about 1 200 tons. In South Vietnam 187 fighter-bomber and 51 B52 strikes aid government forces. Casualties rise with reports of slain Communists near Svay Rieng in Cambodia and losses in War Zone D near Song Be.
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