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Newspaper
Lima Star
Location
Lima, Ohio, United States of America
Date
Mar 08, 1966
Page
3
New York stocks moved lower at the open in fairly active trading. Following Monday's worst decline since the Kennedy assassination, a few stocks showed resistance, but most were down. American Telephone opened at $000 shares, up 0.5 percent to 58.5, and Westinghouse Electric rose about 1/4 point on light volume.
Cleveland and Cincinnati, Ohio, tied for third in their population classes for the lowest traffic death rates in January, according to the National Safety Council report. Local source Lima & Want Ads.
New York AP reports profits rose but stock market fears a slowdown. Rising costs and wage hikes threaten margins while aging plants and tighter taxes could curb earnings gains. Fourth quarter 1965 profits up 19 percent year over year, with seasonal patterns suggesting spring and summer strength. Industry remains at peak production levels in early 1966, but investors question how much fevered activity translates to real profits.
Ford Motor Co will hold its annual community service awards banquet at the Milano Club restaurant at 6:30 p m Thursday March 17 with State Sen Tennyson Guyer as principal speaker Five winners will be honored in the Ford Awards program for employees and spouses who have performed outstanding volunteer service for their communities The top award is a cast bronze Town Crier Bell for the Ford Citizen of the Year Engraved plaques will go to other winners The program is sponsored by Ford s Lima Community Relations Committee Sen Guyer public relations director of Cooper Tire and Rubber Co Findlay will attend
Livestock prices steady or stronger with cattle 200 head showing choice steers near 28.00 to 28.50 and prime calves 30.00 to 38.50. Cows 18.00 to 20.00, bulls 19.60 to 22.09. Sheep and lambs 300 head, spring lambs 27.00 to 28.00, ewes 0.00 to 9.00, wethers 6.00 to 9.00. Hogs 200 head at 25 kwer, U S 2 200 to 220 lb 26.25 to 28.75, 240 lb 25.75 to 26.50, packing cows 20.75 to 23.25.
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