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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Sep 06, 1973
Page
12
Market notes from Kansas City list wholesale egg prices: large at 80 percent A between 61 and 71, medium at 80 percent A between 53 and 64. No change since prior report.
New York stocks rose in slow trade with the Dow Jones average up 2.18 to 901.26 at 2 p.m. Advancing issues led declines by more than 2 to 1 as analysts cited optimism about the economy and hopes that interest rates may peak, with many predicting a pause soon.
Cattle 2 500 feeders unevenly strong to 2.00 higher led by weights over 700 lb with openings steady to strong on 600 lb plus scoress. Hogs 2 500 very slow with barrows and gilts mostly 6.00 lower and late sales uneven 37.00 to 40.00 for 320 to 600 lb.
UAW President Leon A Woodcock urges a partial news blackout to push contract negotiations with Chrysler Corp toward frank bargaining. He said the move aims to shift from rigid postures to honest discussion, following a mass white collar rally at Chrysler headquarters showing support for union demands.
President Nixon vowed to veto a federal minimum wage bill raising pay from 1.60 to 2.00 an hour this year and 2.20 next July. Labor leaders urged an override, but House support was short of two thirds, Senate 62 28 voted for passage. Treasury warns of steep price jumps.
Kent Frizzell former Kansas attorney general and 1970 Republican gubernatorial nominee says he is not actively considering a 2nd District congressional bid next year. He notes no positive decision has been made and disputes the idea of only running if incumbent Bill Roy seeks another post. He stresses the 2nd District’s Republican orientation and governing philosophy.
U S District Court Judge Leonard I. Garth ruled that Holiday Inns Inc. violated antimonopoly laws with its franchising policies. The decision cites near-site objections to new franchises and a ban on owning hotels from other chains as an unreasonable restraint of trade.
Baker University expects a modest fall enrollment decline as late enrollment ends September 14. Last fall's figure was 825 with spring at about 750, and officials expect around 800 students this autumn though final totals await next week. Classes began this morning.
Walter L. Dameron 51 of Virgil Kansas says he was forced at a sidewalk phone booth in Iola to drive a man to Wichita where the robber fled on foot after pistol whipping him and taking about 150 dollars in cash. Dameron sustained minor head lacerations.
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