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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Jul 19, 1968
Page
48
The report covers commodity prices including butter and eggs in Chicago. Butter wholesale prices hold at 66 1/4 to 66 1/2 for AA and A grades while unquoted for others. Eggs delivered to Chicago show mixed movement with rates ranging from 32 to 41 cents per dozen depending on grade and quality.
New York stocks closed with slight declines across industrials rails and utilities while the Dow Jones average stood around 329.79 with losses led by industrials down 5.25. In Chicago, butchers paid 21.75 to 22.00 for mixed 200 to 220 pound hogs amid steady cattle receipts and varied utility cow prices.
Livestock reports from Worth and Chicago markets show cattle, calves, hogs and sheep trading with varied price ranges. Cattle mostly steady to down slightly, hogs 50 cents lower, sheep steady with sponge lambs around 24.50 to 25.50 and ewes around 7 to 7.50. Futures on the Chicago Mercantile Exchange noted but details incomplete.
Southwestern Bell Telephone Co. and the Communications Workers of America agree on a three year contract covering about 40,000 non management employees in Missouri Kansas Oklahoma Arkansas Texas and a small part of Winds near St Louis The deal costs an estimated 1693 million over its term with wage increases from 1 to 150 weekly plus an extra holiday and enhanced benefits.
Pat Young and David Allison married at St. Ann's Church in West Palm Beach after overcoming a hijacking and extended red tape. Their 1-year-old airman groom received an hours extension to his leave, allowing a honeymoon to proceed. Both families welcomed the union despite travel chaos and scheduling hurdles.
Wide rain across the corn belt pushed liquidation on the Chicago Board of Trade. Corn fell more than a cent a bushel while wheat faded to intraday lows and soybeans faced selling pressure. Oats held firm, July rye dropped nearly 2 cents, and cattle trades were light with a weaker tone at close.
US reports mixed demand for potato varieties with California central district at 4.25 and South district long whites 4.65 to 4.75 as round reds weaken slightly. Texas round reds show no content. arrivals listed at 25 and on track 191 for total U.S. shin.
City Council approved a zoning change to light manufacturing for about 100 of 700 acres in the Lahboek Industrial Foundation site north of Loop 289 at the east city limits. A mobile home plant will occupy part of the park under a city lease-purchase with the foundation. Planning and Zoning had recommended the change a week earlier.
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