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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Jan 16, 1971

Page

9

Footnotes explain mutual fund dividend terms and codes

The document lists abbreviations and notes for mutual fund dividends including regular and special payments. It defines codes such as a for extra dividends, b for stock dividends, c for liquidating dividends, and many others indicating timing, type, and conditions of distributions.

Bethlehem Stays Firm on Price Increases

Bethlehem Steel Corp. maintained planned price hikes around 12 percent on major products despite President Nixon's disapproval. Cort met with McCracken before the announcement, which mostly takes effect March 1. Treasury Undersecretary Volcker urged long term policies, rejecting wage and price guidelines as sole solutions. Nixon also announced a $2.6 billion tax relief and banks lowered the prime rate to 6 percent.

New York Nixon Bethlehem Steel Corp Cort McCracken Bethlehem Treasury Paul A. Volcker Volcker

Dow Jones Averages Range in Weekly Closing Figures

The report lists closing averages for the week across market groups. Indust, Transp, Utils, and Stks show last values, highs and lows, with notable gains in the Transport and Utilities sectors. Bond averages also move, with 40 bonds and railroad indices posting higher closes.

Indust Inc RaiLs

Local Market Grain Prices Reported

Local markets list grain prices with wheat at 1.40, corn 1.41, milo 2.06, beans 2.82, and oats 0.88, reflecting current trading values.

KC Produce Prices Mixed in Light Market Report

AP reports Kansas City dairy and butter rates with fluctuating percentages for whole milk 338-40 medium 30 percent A 33-40 medium 80 percent A 29-37. Butter remains unchanged at grade A four quarters and 85 solid.

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Also Mentioned on This Page

Carole Martin AP Business Writer Stewart S. Cort Paul W. McCracken President’s Council of Economic Advisers United States American Stock Exchange Aerojet Arklgas Alamera Oil Atlas Cp Va Barnes Eng Certron Dillard Va Dixilyn Corp Dynafectra Equit Co Felmont Oil Frontier Air Va Iti Corp Dia Kaiser Ye McCrory Newldira Mn Va NewPark Mn West 9Th and Avalon RD Associated Realty CO Lawrence's Massachusetts Vi Dow Jones Texaco Occilden Pet Eee Eeesences Telex Corp Chrysler Gulf Oil Sperry Leasco Dat Tel Tel Ve Boeing Ae Transam Ltd Oil Cal Tos H.o.pert Co.inc NEW York Stock Exchange Lawrence National Bank Lawrence Kansas Telephone K. C
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